davidaulloa/AmericanStories huggingface dataset:
Evening star., 1942-12-10
|BA Chief Sees Big Funds
To Back War Findncjnu
By the Associated Press.

BY the Associated Press
NEW YORK. Dec. 10.-Jay N.
Whipple of Chicago, president of
the Investment Bankers Association
OF America, reported today in the
organizations magazine that the
Nations investment resources we're
sufhcient to absorb war-financing
Government securities If imitation
OF prices is not allowed to skyrocket
the costs of the war"
Whipple said that among potential
buyers Of the current $4,000, 900 900
Victory loan were individuals part
nerships and corporations with cur
rent balances in excess of S65, ,OOO,-
100000 compared with $4,000 ,OOO.- :
600 at the depression low Of 1888 and
$50, 900 900 900 at the previous boom
time of 1929.
1T is obvious from these figures"
Whipple said, that many have
money In the bank over and above
any reasonable reserve needs. It Is
part Of our job to induce them to
put all in excess Of minimum. cur
rent balance requirements into
Victory loan securities"
He said 1t was felt that the ac-
cumulation Of idle money would be
accelerated as installment purchases
were eliminated, old debts paid and
new durable goods disappear from
the market.
Evening star., 1942-12-10
S1.61 a Share Earned
By WA Lines in
Nine Months
Ey the Associated Press.

e! the Associated Press.
NEW YORK, Dec. 10.-Transcon-
tinental d Western Air, Inc. today
reported net profit of 81 ,531 ,665 after
taxes, or $16l a share, for the nine
months ended September 80, CONF
pared with net loss of $40 ,204 in the
like 1941 period.
Jack Frye. president, said only a
small fraction of the increased earn
ings was from war contract fees and
favorable profits were the result Of
increased seating capacity per air
plane operated because Of sleeper
equipment discontinuance. capacity
passenger and cargo loads for most
OF the period. improved equipment
utilization and elimination of scrip
discounts.
Frye said in recent months more
than 80 per cent of available pay
load was utilized on all trips, mean
ing full capacity for many journeys
Such loads-which could not be ex-
pected in ce-time-resulted, he
said. from demands of war for move
ment of men and materials.
General Shoe Corp.
General Shoe Corp. reported for
the fiscal year ended October 81
net income OF $1.023,373. equal to
$157 share on the common stock,
compared with $l,064,15l. or $l.6a
share in the preceding year.
Colgate -Palmolive.
Colgate Palmolive Peet Co. de-
clared an extra dividend of IS cents
a share on the common stock, pay
able December % to stock Of record
December Is. At this time last year
an extra of 81 a share was ordered
Evening star., 1942-12-10
Gamers Must Reserve
More Of 1943 Pack q
For War Needs ..
Supply for Civilians
To Be Cut Below
Pre-Wor Levels
BY the Associated Press.

BY the Associated Press.
The War Production Board today
ordered approximately one-half OF
the 1943 pack of popular canned
fruits, vegetables and juices set
aside for purchase for the armed
forces, lease-lend and other Gov
ernment agencies, thus reducing the,
supply available to civilians sub
stantially below pre-war levels. ~,
The order directed Gamers to
set aside various percentages of
their 1943 pack of 81 fruits and
vegetables. based on the amount
packed in 1912 (citrus products.
1912 crop year,. which range
from 10 per cent of the grapefruit,
pack to 100 per cent of the blue.
berry. fig. blended fruit juice and
carrot pack. r.,
In 1912 Gamers were required to
set aside about IS per cent of their
pack for the Government
WPB estimated the portion of the
lSfo pdCh dllUSdlcu lOl ClNllldll uSS-
would provide maximum of about
33 pounds Of canned foods per cap
lta in 1914, when most OF the 1943
pack will be consumed. This COM
pared with an annual average per.
capita consumption of canned foods
of about As pounds in the pre-war
period 1858.
The order also applies to proc
essors Of frozen. dried. dehydrated,
picked. preserved and other non
perishable products. Previously. it
applied only to canned foods. The
order did not direct these professors
to set aside specified amounts of
their products. but WPB said they,
may be directed to do so in the
future.
The board also prohibited the use
OF steel and tin next year in the
canning of many important food
products for civilian population.
AS result of the order. officials.
said. Gamers must develop substi-.
tutes or many popular food prod
ucts will disappear from grocers'.
shelves.
Evening star., 1942-12-10
100000 Acres
Acquired by U. 5. in
Prosecuting War
$2S4, ,W0, 900 Already
Spent and End Is Not
In Sight, LittelI Says

The war has necessitated Govern
ment acquisition of 10000 900 acres
of land valued at 1894 900 900, men,
bers of the Federal Bar Associa-
ton were told today by Norman
M. Littell, Assistant Attorney Cen
eral of the lands division, Depart
ment of Justice, as he recited the
greatest land-buying program which
any government has conducted in
modern history.
Nor is the end in sight. for a
total of about 100000 acres more
will be necessary" Mr.. Littell said.
With the advent of war "the M-Day
files were at last opened, and there
lay the blue prints for an Army of
more than 100000 men and a
Navy large enough to dominate the
seven seas, and the worlds largest
air force" he said.
Remarking that "prof1teering has
from time to time shown its ugly
head" MI. Littell emphasized that
there are three classes of property
owners:
81. This group consists of the
Overwhelming majority of fair
minded American citizens who
claim and receive fair value for
their properties That the Gov
eminent is fair in the prices which
it offers seems confirmed by settle
ment on a voluntary basis of over
80 per cent of the cases where prop
critics are taken.
q. Then there is the second group
who have honest differences of
opinion with the Government as to
appraisal theory.
49, last comes the small minority
deliberately trying to dig into the
United States Treasury for all they
can get. On one property in Cali
fornla a new well with remarkably
pure water was principal item of
Improvement greatly enhancing the
value Of small-toWn restaurant
and beer parlor. However. an un-
expected tour of inspection by the
jury at the invitation of Govern
ment counsel revealed a water wagon
with the hose running into the
phony well getting 1t ready for the
jury's visit. They saw the water all
right-plenty of it-enough to wash
the case right out of court"
Mr.. Littell cited an instance where
the Government won a double VIC
tory-f1rst in court, and later when
opposing counsel physically attacked
Government counsel in a backroom.
The speaker said a substantial
number OF people who know only
the agricultural way of life are being
dispossessed from about 10000 900
acres of land at time when land
hunger is more intense than at any
other time in American history.
Evening star., 1942-12-10
Bank CIearings Drop
Below Week Ago, But
| Top 1941 Marks
BY the Associated Press.

BY the Associated Press.
NEW YORK, Dec. 10.-Bank
clearings in the week ended Wed
nesday dropped below those report
ed last week, which included only
five days because of the Thanks
giving holiday, Dun & Bradstreet
said today.
Transactions OF % leading cities
amounted to $7,314,30l 900, an in
crease OF ia per cent from So, $685.
67l 900 in the like period a year
ago. Current clearing declined $329.-
$50 900. or 4.3 per cent, compared
with the preceding week.
The more important gains over
1941 included Portland. Greg, 534
per cent; Omaha. Sill: Seattle, 496;
San Francisco, 37.4; Cleveland. 34.5
Philadelphia showed a small decline
Evening star., 1942-12-10
New York Cotton
BY the Associated Press.

os inc ASoOClAtSO Pfeke.
NEW YORK, Dec. 10. Cotton
prices rallied spiritedly after a hesi-
tant opening today. chalking up
gains OF almost 81 bale. Late de-
liveries led the rise as increasing
hopes Of favorable action by the new
Congress on the parity price formula
revision brought in new commission
house and New Orleans buying.
Trade demand centered largely in
the March position. rejecting
persistent price fixing operations
against Government textile orders
already booked or in prospect.
Hedge selling and profit taking
checked the rise In late trading. but
there was good underlying support
on small recession.
Late afternoon values were 40 to
30 cents bale higher, December.
1902: March. 1885, and May. 1850.
Futures closed 80 cents to 3l.l5
bale higher.
Evening star., 1942-12-10
Memorial Hospital
Bill SheIved in House
By the Associated Press.

BY the Associated Press.
The House Naval Affairs Commit
tee failed to report yesterday a bill
providing for construction of a To-
bed hospital at st. Lawrence, New
foundland, as gesture of appre-
citation for the care citizens of that
small lcommunity gave American
servicemen when the ships Pollux
and Truxton were lost in a storm
on the Newfoundland coast several
months ago.
Representative Vincent, Democrat,
OF Kentucky objected to the meas
ure, saying he did not beheve it was
time ito begin building memorials. +"
He emphasized that memorials had
not yet been built to Americans lost
in this war.
Evening star., 1942-12-10
Africa
Continued From First Page }

it would have taken a truck convoy
days to traverse.
Keep Troops Supplied.
In some areas, where it is impos-
sible for the transports to land near
the front, they are keeping advance
Allied troops supplied with food
and ammunition by parachute, Mr..
Norgaard said.
Reports of disension between
German and Italian troops began to
crop up on the Tunisian front as
they had earlier in Egypt and Libya
An Allied headquarters spokesman
in North Africa said that in some
sectors the Germans and Italians
literally were not on speaking terms
and that in some instances they had
refused to be photographed to-
gether. The spokesman did not at
tempt. however, to evaluate this in
formation, adding: I'VE don't know
how much it means"
Evening star., 1942-12-10
u. 5. Steel 10 Finish
Expansion in First
Half Of 1943 ~.
Olds Expects Giont
New Facilities to Be
Fully in Operation
BY the Associated Press.

BY the Associated Press.
PITTSBURGH, Pa, Dec. 10-All
projects Of the $289, COO, 900 plant ex-
pansion program OF the United
States Steel Corp. in the Pittsburgh
district will likely be In operation
during the first half of 1943, Irving
S. Olds, chairman of big Steel"
said today.
Steel began to flow November %
at unit OF the projects. which in
clude vast expansions at Homestead,
Duquesne and Edgar Thomson
works of the Carnegie Illinois Steel,
principal subsidiary of United States
Steel. the industry's largest pro-
ducer.
Mentioning that Carnegie Illinois
has broken 1877 all-time monthly
production records since Pearl Har-
Dor. Olds said the subsidiary's total
blast furnace products and output of
steel ingots this year will reach more
than 100000 tons higher than last
year.
Olds announced the figures at the
first meeting United States Steel
directors ever held in Pittsburgh
They came here to inspect the ex-
pansion projects. which began in
the summer of 1941.
Sixty-six per cent of the expan-
sion was financed by the Federal
Government.
Olds and Benjamin F. Fairless,
president OF United States Steel
said at a press conference that the
Nation has sufficient steel pro-
duction to meet our war needs.
New Steel Record Set.
Shipments OF finished steel
products by subsidiaries OF the
corporation were higher in Novem-
ber than for any similar month in
the history Of the corporation, but
dropped below those OF the preced-
ing month
In the first II months of the year
shipments were at new peak by a
substantial margin.
Total shipments In November
amounted to 1665.545 net tons. a
decrease Of 121.e56 from October
shipments Of 1.7S7,501 tons. but an
increase Of 1889 tons over the like
month in 1941.
Shipments in the first II months
aggregated 1s,2l4,522 net tons. an
increase of 6o1 ,62l tons over 1852
sOl tons In the comparable months
of l94l.
Evening star., 1942-12-10
Extension of U. S. War
Insurance Expected

By the Associated Press.
NEW YORK, Dec. 10.-Insurance
circles heard today that the Gov
ernment-sponsored War Damage
Corp. shortly would extend coverage
to owners of money and securities
against loss from enemy invasion or
resistance to invasion.
The coverage would include in
surance against loss either in tran
sit or in vaults. The corporation
made protection against loss avail
able to property owners early in the
summer.
Evening star., 1942-12-10
Ecc|es Named Chairman
OF AmaIgamated Sugar
By the Associated Press.

By the Associated Press.
OG D EN N, Utah. Dec. 10.-The
Amalgamated Sugar Co. Board OF
Directors, including M. S. Eccles of
Washington, was reelected at the
annual stockholders meeting yes
terday. The board elected Eccles
chairman.
The financial statement reported
net earnings of 1899 ,083 for the
nscal year ended September 80, 1912
with dividends of SO cents per share
paid on 100000 shares of preferred
and 40 cents per share on $50 900
shares of common.
The board declared dividends of
12la cents on preferred stock and
5 cents on common for the first
quarter of the new fiscal year
payable February l. 1943, to stock
holders Of record January 16.
Evening star., 1942-12-10
New Chairman Named
By Niagara Hudson
By the Associated Press

BY the Associated Press
NEW YORK. Dec. lo.-Paul A.
Schoelkopf, vice chairman of the
board OF Niagara Hudson Power
corp, today was elected chairman of
the utility company, succeeding the
late Floyd L. Carlisle.
Inc new chairman has been con.
nected with the Niagara Hudson
system and predecessor companies
ior 50 years, serving as president of
tne parent company from 1929 to
1893. w
Evening star., 1942-12-10
Baldwin Orders
First Dividend
In Ten Years
3y the Associated Press.

PHILADELPHIA. Dec. 1o-Com-
mon stockholders of Baldwin Loco
motive Works are to receive a divi-
dend on their stock for the first time
IN more than 10 years.
Directors today declared q divi-
dend OF 81 a share, payable Decem-
Der % to holders Of record Decem-
Der Is. This is the first payment on
the COMMON since a disbursement OF
87la cents in the latter part of 1891
The company was reorganized in
1888.
The company said not only COM
mon stockholders of the record date
would receive the payment. but also
holders Of the voting trust certifi-
Gates issued under the agreement OF
1887 who might be entitled to it.
Evening star., 1942-12-10
FOREIGN Exchunoe

NEW YORK, Dec 10 lP.-Lat. foreien
exchange rates follow tGreat Britain in
dollars, Others in cents):
Canada: Oficial Canadian Control Board
rates for United States dollars: Buying,
10 per cent premium: selline. II per cent
premium, equivalent to discounts on Ca
madam dollars in New York OF buying, 9. 81
per cent: selling, 9.0a per cent.
Canadian dollar in New York open mar
ket. IL per cent discount or $500 United
States Cents.
Europe: Great Britain ofieial Bankers
Foreisn Exchange Committee rates.. buy
inE, 4o2; selling, 4.o4 open market:
Latin America: ArEentina official, 29.77:
free, 23.6 6s; Brazil ofhcial, 6.05n: free,
5.20n; Mexico, 20.66n,
Rates in spot cables unless otherwise
indicated. n Nominal.
Evening star., 1942-12-10
J. c. Penney Volume
Far Above Yeur Ago
BY the Associated Press.

BY the A8Sociated Press
NEW YORK, Dec. 10.-Sales Of
J. c. Penney Co. In November
amounted to $49, 1924, an increase
of % per cent over $40, 7,272 in the
like month Of 1871.
Sales In the first II months
amounted to 1926 .953 ,042. an In
crease of "a per cent compared with
! $318, ,05l .604 in the same months OF
last year.
Evening star., 1942-12-10
La Guardia Censured
By WLB Members for
Ignoring Hearing
Morse Calls Absence Of
Spokesman in City Case
Bod Slip by Mayor
~ the Associated Press.

~ the Associated Press
mayor La Guardia of New York
was censured by two members of the
war LABOR Board for failing to send
representatives to a public hearing
Yesterday on the first challenge OF
WLbs asserted jurisdiction over
LABOR disputes between a munich
patty and its employees.
The case involves a disagreement
between the New York Board of
transportation and Transport
workers Of America and Transport
Workers Union of Greater New
York.
A parallel case, also considered
yesterday, was a dispute between
the city OF Newark, N. j., and State,
County and Municipal Workers of
America, CLIO, arising from a recent
strike OF some 400 employees of the
city's Department of Public Works,
which tied up garbage collections for
six days in October.
bad Slip" Morse Says.
When no appearances were an
nounced for New York in the transit
case, Wayne L. Morse, board men,
Der, asserted:
The city of New York, having
been invited to the hearing, owed
1t to the board to cooperate in help
ing us reach a sound decision in this
very important case. The failure
OF the city to cooperate does not
build up or contribute to that kind
of domestic morale necessary to win
the war.
In nv opinion. the action OF the
Mayor of the City of New York in
not sending a representative to this
meeting was not even clever gym
nastics, but was a bad Slip
Chairman William H. Davis saiG
I'D like to associate myself with
Dean Morse's remarks"
In both cases union representa-
tives contended the board had au-
thority to assume jurisdiction in
the cases, which was disputed in
the Newark case by Raymond
Schroeder, city corporation coun-
sci.
Calls Authority Lacking.
Mr., Schroeder told the board it
lacked authority ito invade the field
OF purely local government and
said President Roosevelt's orders
granting WLB Jurisdiction over in
dustrial disputes did not make the
slightest reference to labor dis
putes between governing units and
their workers.
Abram Flaxer, president Of the
State, County and Municipal Work.
ers of America. told the board:
'Anti-unionism is making it's last
desperate stand in local govern
ment," and that the Nations s.
772000 State. county and municipal
employees were underpaid
The Newark case came before the
board on an appeal by the city after
board panel had recommended the
WLB take jurisdiction in the dis
pute, primarily over wage increases
demanded by the workers.
Transport workers initiated the
New York action. Their dispute in
volved wages. hours and working
conditions for the $4,000 transit
system employees.
No Disputes Excluded.
Chairman Davis said at the open
ing of the hearing that the board
had mo desire to increase our own
obligations or authority" but added
that successful prosecution of the
war docs not exclude any kinds
OF disputes"
F. Murray Benson, city solicitor
Of Baltimore, representing the 337
member municipalities of the Ma
tional Institute of Law Officers, told
the board:
You can't expect municipality
or State to surrender to the Fed
eral Government its right to exist"
Evening star., 1942-12-10
Breed Shortage Storts
Rioting in Teheron
By the Associated Press.

BY the Ass0c1kttd PfeBt
TEHERAN, Iran. Dec. 8 Delay
eO.-Iranian soldiers and police to-
day fired on rioting crowd. COM
posed largely Of students. outside the
National Assembly Building
A few persons were arrested
There were no reports Of any cas-
ualties from the shooting.
The trouble started when the stu
dents. later joined by loiterers
started demonstration nominally
against bread shortage. Lootine
and rioting followed.
Evening star., 1942-12-10
Construction Awards
Smaller Durinq Week
b! the Associated Press.

b! the Associated Press.
NEW YORK, Dec. 1o.-The En-
glneerlng News-Record estimated
engineering construction volume for
the last week at s85 ,268, 900 against
l03,l43.000 in the previous week
ana $50 ,o65 900 for the corresponds
Ing period last year. :.
Federal construction accounted
for $79,823,oOO of the total against
sso .o52 900 in the preceding week
and $l8,240,000 last year.
Evening star., 1942-12-10
Rail Loadinxs Increase

Ihe Association of American Rail-
roads reported today that 1895
cars OF revenue freight were loaded
during the week ending last Satur-
day.
This was an increase Of 16.088 cars.
or ~ per cent, compared with the
preceding week; decrease of 1884
cars, or 300 per cent. compared with
year ago, and an increase of 2l .108
cars, or 2.s per cent, compared with
1910.
The report classified the loadings,
compared with last week and the
corresponding week a year ago, as
follows:
Evening star., 1942-12-10

Counting three to . family. more
than half . million people viii read
this Issue Of The Star. II you have
. want" tell them through . Star
want AA." Hhsne MA. 5ooo.
Evening star., 1942-12-10
Commodity Prices

- NEW YORK. Dec. l0.-The Associated
rresS weiahted Wholesale price index Of
~ con- modities today advanced to l01.s7,
Previous day. le1 .s5: week ago, 1o1 81:
month ago. 100.73; year ago. ~. SO
High ---1ol.s 81 as.le 7s.as asia
Low a5.b4 71O3 $3.50 41.44
1926 average equals 1909
Evening star., 1942-12-10
Washington Exchange
SALES.

SALES.
Washington Gas IS pfd.-5 at 1904,
S at 1904, Is at 1904. 10 at 10014
5 at 100l4.
Evening star., 1942-12-10

, Spot cotton closed steady. 8 cents a bs le
dH; nisnsf saies; 2,2l2. Low middlins. 1921 !:
ceipts, 3.4s5: stock, 347,6sI,'
Bid. n Nominal.
Evening star., 1942-12-10
Weather Report

FURNISHED
District OF Coumbia-Not cold tonight gentle winds
Maryland and VrginiaLgt rain in the extreme portion
Evening star., 1942-12-10
Freight Loodinqs

NEW YORK. Dec 10 (P.-Revenue
freight carloadings handled by railroads
reporting for the week ended December 5
included:
Evening star., 1942-12-10

New Orleans Prices.
NEW ORLEANS, Dec. 10 0P.-Cotton
futures advanced here today on short
eSverlne ana buying stimulated BY reports
tnat the Army was seeking bids on hue
onantiles Of cotton goods The market
cioSe0 oteady, 45 to so cents n bale hirher
Evening star., 1942-12-10

Baynard. Mrs, John
Beleno, Mrs. Martha
Brown, Mrs. Horace
Doss, Mrs. Sam
Dixon, Mrs. Sanford
Dixon. Mrs. Albert
DufIey, Mrs. Garnza
Freeman, Miss Susie
Galloway, Mrs. w.
Goldsby. Miss c.
Henderson. Mrs. J.
johnson. Mrs, G. J.
King. Miss Lillian A.
Lucas, Mrs. Louis
Matthews. Mrs. John
Miller, Mrs. Joseph
Ming, Mrs. Robert
Evening star., 1942-12-10
CoIored Nurses Aides
Glass 10 Be Graduated

Washington's first class of colored
nurses aides will be graduated from
Freedmen's Hospital tomorrow
afternoon, the District Red Cross
announced today.
Miss Thelma Harris has in
structed this class. A second group
will begin instruction at the hospital
on January 18.
Among those who will receive their
diplomas from Mrs. Walter Lipp-
man, chairman OF nurses aides,
will he.
Evening star., 1942-12-10
River Report.
PrAcin;fafiaa

Potomac and Shenandoah clear at
Harpers Ferry. Potomac clear At Great
Evening star., 1942-12-10

Miller, Mrs. Joseph
Minor. Mrs. Eugene
Stephens. Mrs. w.
Stevenson. Miss D.
Stone. Mrs. Peter A.
Taylor. Mrs. Edward
Cundiff, Mrs. Cassie
Grant, Miss Florence
Brown, Mrs. H. B.
Mcleod, Miss Vera
Randall. Mrs. v.
Cornelius, Mrs. W.
Scabb. Mrs. Elizabeth
Wright. Miss Vivian
Demby. Miss Juanita
Dlue. Miss Evelyn
Evening star., 1942-12-10
Report for Last "a Hours.

Record for Last "a Hours.
tFrom noon yesterday to noon todayD
Highest. 43 at pm. Year ago. 81,
Lowest, IS At $50 I'm. Year ago, 20.
Record Temperatures This Year.
Highest, ae on July 1e
Lowest, 8, on January IL,
Humidity for Last "a Hours.
prom noon yesterday to noon todayD
Hishest, QS per cent, At $50 am.
Lowest. 90 per cent, at $50 am.
Evening star., 1942-12-10

Bleachahle cottonseed oil futures closed
Nominal
Evening star., 1942-12-10

"Ex dividend. Plus extras q Paid 20
far this year. e2o extra. S5. 90 extra
k20c extra. m 81 so extra. pPaid in
194l. $4,000 extra
Evening star., 1942-12-10
BONDS
PUBLIC UTnIT,
STOCKS

PUBLIC UTILITY