davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1942-07-27

From up Los Angeles way we
hear that Lou Salica, world BAN
tamweight champion who will dc
fend his title August Z against Ell
Centros Manuel Ortiz, has moved
into the city to continue his train
ing. Salica had been working out
at Murietta Hot Springs in the
mountains but the lack of sparring
partners has forced him into town
to train in one of the large gym
nasiums.
The story is that Salica has
saved plenty of sheckles during his
career and won't be exceedingly
disturbed if Manuel takes the
crown.
Imperial Valley press., 1942-07-27
Barnes Storrninq
by RAY BARNES

So wen string along with the
good pitching and fair hitting
and fielding. OF co,Sse IL the
good" pitchers get off a little.
well that's a different story
entirely.
Imperial Valley press., 1942-07-27
Sox
Star

BY PAUL SCHEFFELS

NEW YORK, July q CUP) = It
was difficult to determine what
amazed baseball people more today,
the rapid rise of the st. Louis
Browns or the equally fast fadeout
of the Boston Red Sox.
1t seems like only a few days or
so ago that the Browns were stag
gering around in the second di-
vision of the American League while
the Red Sox were starting talk of
the first Fenway Park pennant
since 1918 by pulling up to within
three games of the pace-setting
New York Yankees.
All that has changed with be-
wildering rapidity. The Browns,
under willy Luke SeWell have staged
one of the greatest winning spurts
in the clubs history Paced by the
revived hitting of outfielder Chet
Laabs and the potent pitching of
quartet of veterans, St Louis has
scored l8 victories in 25 starts and
is now perched solidly in fourth
place, only three games away from
second.
The Red Sox, who dropped 13
games behind the Yankees yestcr-
day when they bowed twice to the
Browns, 90, 4-3 have lost u of
their. last II. It's difficult to alibi
the Red Sox slump. Williams is
betting the ball and leading both
leagues in four batting departments
and Tex Hughson and Charley
wagner have been pitching well.
Imperial Valley press., 1942-07-27
LOCAL BUTTERFAT
D. A. STOCKS

Los ANGELES. July - tUPD - Two
issues were up. one was down and none
were unchanged on the Los Angeles stock
exchange as midday volume approNimG ted
.. 700 shares.
The List. So. ac. 1Ss, up i: Aircraft
Accessories 1.5o up .05: MenasCo 1 down
ID.
Imperial Valley press., 1942-07-27
Markets at a
Glance
BY UNITED PRESS

Stocks higher in quiet trading
Bonds irregular. a. S. governments dull
Curb stocks irregular
Silver unchanged IN New York al 3als Is
cents fine ounce
Cotton Off around 81 - a bale.
Wheat p cent a buShCl lower corn of
4 10 a
Imperial Valley press., 1942-07-27
L. A. BUTTER & EGGS
l.. A. GRAIN
Los ANGELES, CAM, July 2 y

LOS ANGELES. Calf. July 27 up
Wheat. No. ] hard soft ... 202i . OIL
Braley No l bright ". ........ Sol 50
Milo. malt type .....-........... 1.55-1.75
Milo. No. 2 yelo. Cal. -... 1.77lz-1 s21s
Oats. feed ] s5-1 90
Corn, No. yelo. bulk -......... 1901. %
Imperial Valley press., 1942-07-27
MPLS. FLAX FUTURES

60
S246A
Evening star., 1942-11-24
B. 80. Decides 10 End
Income Agreement
On Alton Bonds
~ the Associated Press.

~ the Associated Press.
BALTIMORE, Nov. 24.-The Bal
timore & Ohio Railroad Co. an
nounced today 1t had given notice
Of its decision to terminate a tenn
porary agreement governing appli-
cation Of income from the Alton
Railroad Co.
The agreement was made June is,
1912, with the company and two
groups of holders of Chicago IL Alton
refunding bonds.
President Roy Barton White of
the B. d o. explained that for some
time his company has been attempt
ing to work out a voluntary plan of
reorganization for the Alton with
two groups of bondholders, but said
1t has recently become apparent
that further efforts would prove un-
successful.
Although the Alton is enjoying
exceptional earnings at the present
time, White added, two years inter-
est on bonds Is In default. He also
said the Alton is involved in extern
sive litigation in connection with
one OF its leased lines.
Potential cash requirements for
taxes and other purposes figured in
the B. d O.'s decision.
Evening star., 1942-11-24
Auto Insurance Hearinq
At Richmond Continued
Ry the Associated Press.

Ey the Associated Press.
RICHMOND Va, Nov. IA
hearing on q proposed reduction of
automobile insurance rates was con-
tinued by the State Corporation
Commission today until December
. to allow the insurance companies
to revise upward the proposed re-
ductions.
The proposed reductions for
which the hearing was originally set
today would have cut the premium
for holders Of "A" gasoline rationins
cards 28 per cent. for holders OF ''B'
cards 10 per cer:, and for holders
OF &C" cards 10 per cent.
The new reductions to be pre-
sented in supplemental filing will
be about 20, 10 and 2 per cent for
the three categories.
Representatives of the Mutual
Casualty Insurance Rating Bureau
and the National Bureau of Cas-
ualty and Surst- |arwriters said
the latter proposed to
provide ltape of re-
turns for ,aey said ar.
suffering bec..,.- U, a decline in The
writing Of insurance.
Evening star., 1942-11-24
Bethlehem Requests
Tenders Of Bonds
Due in 1898
Steel Firm to Tuke
Advantage Of Post War
Credit Terms
By the Associated Press.

By the Associated Press.
NEW YORK; Nov. 74.-The
Bethlehem Steel Corp. has asked
for tenders of its $7,50o, 900 princi-
pal amount Of purchase money IS
due In 1898, which are not subject
to call s....
With tenders sought at lS1, maxi
mum expenditure involved would be
$l3,575, 900, should all bonds be ten
dered.
New tax bill clauses call for re-
lief to corporations to the extent of
10 per cent of the amount paid in
debt retirement under terms OF post
war credit amounting to 10 per cent
Of the concerns excess profits tax.
The provision tends to make corr
porate taxpayers with heavy tax
commitments use postwar credit
currently, rather than wait until
the end of the war.
Bethlehem's action followed re.
cent action by United States Steel
in calling $40, ,oo0, 900 of serial deben-
lures.
The bonds opened on the New
York Curb Exchange yesterday at
1881 and advanced to l59 At the
close on the sale of IL bonds, up
5la points In the trading session.
There were no transactions in the
first hour today.
Evening star., 1942-11-24
SEC Delays Conference
In Niagara Hudson Case
by the Associated Press.

by the Associated Press
PHILADELPHIA, Nov. IA corr.
ference on proposals to eliminate
certain paragraphs Of death SEN
tence" order against Niagara Hudson
Power Co. was postponed by the
Securities and Exchange Commits
sion today when stockholder repre-
sentatives sought to learn whether
such elimination WOULD permit Buf-
falo, Niagara & Eastern Power Co.,
Niagara Hudson subsidiary, to
resume dividend payments.
Paul A. Schoellkopf, chairman Of
the board OF B. N. e. E., said other
legal barriers" might prevent re-
sumption Of dividends even if SEC
modified Its order. He declined to
answer question by Welles ",
Moot, representing $3.50 preferred
stockholders as to whether the COM
pany would make application to pay
the dividend passed last September,
should the paragraphs be elm
mated.
Schoellkopf said the company
would be willing to confer with the
commission and stockholder repre-
sentatives. The one thing We want
to do," he said, lis to pay dividends.
If someone will show us the light.
we're willing to 60 along"
Evening star., 1942-11-24
Chicago Livestock

Department Of Asriculture) .-Salable hogs,
10000; total. 10000: market closing slow.
steady to 10 lover: good and choice 90
325 pounds. l3-5O-65; top, 1885: 160-
190, pounds, l3. $3.50: sows mostly steady;
1350-65.
salable sheep. 8, 900; total, 10000. Late
Monday: Slaughter lambs strong to rs
hisher: yearlinEs and slaughter ewes
stronG to 25 higher; sorted native lambs
TO 10. so; medium to good, l4.50-15OO:
2 few 1925; three decks good and choice
f.ll shorn lambs, 1928: medium to choice
ewes. S.2b-7 90: today. slow. few OPEN
ms sales and bids steady: few lots good
h lambs I4;7s;1s1o good and choice lots
decks yeaIlinrs. 1e.75-i3.7s; common to
! salable cattle, $500; total, $500: sala-
BILE calves; 1000; total, 1000: fed steers
and yearlings steady to strong; bulk.
1901 90; heifers strong; strictly eHoics
1,0g5-pound offerinss at 1925; bulk,
13.25-l5. so: steady trade on cows: weishty
l3;00 bulls strons, active; heavy sausage
bulls 1885; vealers fully steady at 1880
down: stockers and feeders steady to
Evening star., 1942-11-24
Bank Rules Eased
10 Spur Purchases
OF U. ). Bonds
Examiners to Approve
Big Portfolios and
Looms to Customers
BY the Associated Press

By the Associated Press
In an apparent preliminary to the
record war financing program for
December. four Federal financial
Offices last night "let down the bars"
to facilitate holding Of Government
securities both by banks and by non-
banking investors.
In joint statement, the four
agencies which represent the bank
examining groups made it clear that
banks would not be criticized by
them for heavy investments in Gov
ernment securities, nor for making
loans to individual subscribers re-
lying upon anticipated income" for
the purchase Of such securities.
The four-the controller OF the
currency. the Federal Deposit In
surance Corp, the Federal Reserve
Board and the Executive Commit
tee Of the National Association of
supervisors OF State Banks-issued
the following statement:
Il. There will be no deterrents In
examination or supervisory policy to
investments by banks in Govern
ment securities OF all types, except
those securities made specifically in
eligible for bank investment by the
terms Of their issue.
z, In connection with Govern
ment financing. individual SUBJ
scribers relying upon anticipated in
come may wish to augment their
subscriptions by temporary borrow
ings from banks. Such loans will
not be subject to criticism, but
should be on a short-term or amorti-
zation basis fully repayable within
periods not exceeding six months.
). Banks will not be criticized
Tor utilizing their idle funds Is far
as possible in making such invest
ments and loans and availing them
selves OF the privilege of temporarily
borrowing from or selling Treasury
bills to the Federal Reserve Banks
when necessary to restore their re-
quired reserve positions"
Since Treasury Secretary Moreen-
thau last week announced that the
Government would borrow $9,0O0,-
ooO, 900 during December by utilizing
all possible sources-including three
new securities aimed at both bank
Ing and non banking investors-the
Joint statement was seen as clear
ing the way for sale Of such secur-
lties next month. The announced
ngure represented the biggest
amount OF money ever borrowed at
one time by any nation.
Evening star., 1942-11-24
tain is aiming for the same objective
on team quotas.

tain is aiming for the same objective
on team quotas.
Typical of the will to win in the
Government Unit is the 988 per
cent level yesterday reached by en-
ployes of the Navy Yard. Interior
and Agriculture Departments are
making careful re-canvass in
order to be sure of not missing any
one. and also to give opportunity to
any who wish to increase their gifts.
AS part of the effort for victory
today, Assistant Secretary of the In
terror Oscar l.. Chapman, chairman
Of the Government Unit, has ap-
prised all cabinet officials and heads
Of independent establishments OF ex-
actly "how little it will take to 90
over the top" asking that they pass
the word along urging a completed
quota from all volunteer workers In
the War Fund campaign.
Richard H. Wilmer, chairman Of
Advance Gifts Unit, said the $50 Ad-
vance Gifts workers are standing
by" with full determination to ex-
ceed the 100 per cent mark in big
gift" response.
Evening star., 1942-11-24
New Materials Plan
Necessary ior Victory,
kanz|er Declares
WPB Forced to. Treat
All Industry as Unit,
Director Says
BY. the Associated Press.

BY the Associated Press is-
+, NEW. YORK, Nov. 24.-The War
Production Board has found it nee
essary to deal with American in
dustry as lone tremendous inte-
grated production unit" Ernest
kanzler, WPB director general of
operations, told 5000 businessmen
and industrialists today in discussing
the new controlled materials plan
scheduled to take effect April /.
r. AN our efforts are directed toward
smashing the Axis" Mr.. Kanzler
said. Speed Is the great factor. and
1t Is necessary that materials be at
the proper place at the proper time.
Fo back up the fighting front, We
must back up the home industrial
front with controlled materials
plan"
Declaring that the program was
flexible, Kanzler asserted that It en-
bodied the basic principles upon
which American industry had de-
veloped its own production pro-
cedure,
rms Is the biggest Job ever un-
dertaken by our economy" he de-
clared, "and we present the plan
with expectation of your full CO.
operation"
The production cycle from raw
material to finished product would
be shortened by the plan, Kanzler
said, and mass output from all in
dustry would be developed.
Courtney johnson, a member of
Kanzler's staff, told the business
mems conference that the bases of
the plan were l matching OF avail
able materials to production author
ised and scheduled and ca direction
OF materials to the right place at the
right time. ....
Evening star., 1942-11-24
Air Battle Oyer Tunisio Starts as Allies Build Up Gains

for his own plant, but fits properly
into the national pattern"
Senator Pepper explained that in
Britain and under the proposed
Tolan-Pepper bill, the use Of the
Nations manpower resources are
dealt with from the national point
Of view. Broad decisions in Eng
land. he said. are made by I COM
mittee which is part Of the war
cabinet and the principles govern
ing the needs for manpower- between
the military and civilian agencies
are made near the final authority.
In his bill, he continued, the, same
principle is followed and the pro-
posed Once of Manpower Supply
would have jurisdiction over the
ALLEGATION Of manpower for civilian
and military purposes. The needs
Of each, he said. Would be balanced
against the other.
Evening star., 1942-11-24
New York Cotton
By the Associated Press.

BY the Associated Press.
NEW YORK, Nov. 24.-Cotton
futures regained their equilibrium
today and advanced $3.50 a bale.
Liquidation tapered of and aggres-
sive trade buying to fix prices
against Government textile orders
was attracted by the recent decline.
Smaller than expected delivery
notices against the spot positions
and commission house buying on
technical reasons aided the upturn.
The later positions which had borne
the brunt Of the recent wave of
liquidation and hedging were in the
forefront.
Late afternoon values were IS
cents to $l20 a bale higher, Decem-
Der. 1928; March, 1926, and May,
1877.
Short covering in the final hour
found q scarcity Of contracts and
this, coupled with increased trade
buying, lifted values to the highest
levels OF the day just before the
close.
Futures closed $l10 to $l.65
hale hirher
Evening star., 1942-11-24
Continued From First pase., ),

would be thrown open to Allied war
ships and shipping as were Casa
blanca. Oran and Algiers, providing
an important base in the South At
lantic. But, above all, it removed
the possibility that the base might
be used for AXIS submarines and
thus wiped out a large threat to
shipping in the South Atlantic.
The disposition Of the French war
ships now anchored at Dakar was
not announced.
Confined to Narrow Strip.
With the Dakar problem settled,
the hold Of the Axis on Africa was
confined to q narrow coastal strip,
stretching from the region of FL
Agheila, in Libya, to west of Bizerte,
on the extreme northern tip of Tu-
nisia.,
This line has been reported cut by
French troops near the Libyan-Tu-
nisian border and In the region of
Gabes. but the Allied position there
was uncertain. The German radio
claimed yesterday that the entire
Tunisian coast down to Tripoli was
In Axis hands. a
! The German news agency DNB
also claimed that an important rail-
way junction in the frontier area be-
tween Algeria and Tunisia had been
captured III the first major clash
between British and German ar
mored troops" but there was no
confirmation OF these reports.
40 Nazi Prisoners Taken.
There were only scanty reports
concerning the land fighting, but
the Allies took 40 German prisoners
In one recent engagement. An AL
lied communique reported that in
vestment of Axis fortifications con-
tinued according to plan"
The Morocco radio reported, with
out confirmation, that British,
American and French troops had
launched an attack against Axis
positions in Northern Tunisia and
said the lighting was growing more
and more violent. ."
The British 9th Army entered
Agedabia, 100 miles south of Ben
sasi, yesterday and continued its
pursuit of the Rommel army toward
Fl Agheila, 10 miles to the south
west.
Marshal Rommel's forces have
evacuated the Gialo Oasis. south of
Abedabia, and were reported con-
tinuinp their withdrawal toward Fl
Agheila, where stand may be made
The oasis was occupied by British
units.
British advance forces main
tanned contact with the rear guards
OF the retreating Axis froces on the
road to El Agheila, a Cairo COM
munique said.
Evening star., 1942-11-24
Chicago Grain .
Bs the Associated Press.

Bs the Associated Press.
CHICAGO, Nov. 24.-The grain
market developed a rising tendency
today largely on the strength Of
small demand coming from mills
and other cereal professors as well
as dealers covering previous short
sales.
A sharp rally in cotton, weakness
OF which depressed grains yesterday,
helped to encourage buying.
Wheat closed unchanged to u
higher compared with yesterday,
December SIPS, May $l2S7.; corn
1s-h up. December s3A-ss, May
S8Aa; oats ss-1a higher; rye M
up; soybeans la-A lower.
Rye prices were up as much as a
cent At one time. Traders said
snort covering was most active in
thAf Wit
Evening star., 1942-11-24
American AirIines..
Reports S2,4o7,4S0.
Net ing Months
Profit Equols 1891
. Ashore Against $3.39
In l94l Period
By the Associated Press.

BY the Associated Press.
NEW YORK, Nov. 24.-American
Airlines, Inc, and consolidated sub
salaries reported a net. profit for
the nine months ended September
80 OF. $2,4o7, ,480. equal after pre-
ferred dividend requirements to
1891 q common share, against &2.-
1o6, ,234 or $3.50 . common share in
the comparable period of 1s4l. :.
,4s Electric Aute. Lite.
Electric Auto-Lite Co., for the
nine months ended September 80
reported net profit Of 1888 ,3e2 after
provision of S4,853, 800 for Federal
and foreign income and excess
profits taxes, or 1903 a share, COM
pared with $4.749, ,827, after providing
$S,410,75S for taxes, or S3.s7 a share,
IN the like l94l period.
Southeastern Greyhound.
Southeastern Greyhound Lines re-
ported net income Of $9l5,l72. after
provision of 1884, ,480 for Federal
taxes. for the nine months ended
September 80. against $78s Cos. after
providing S740,859 for taxes, in the
same period last year.
Norfolk 4 Western.
Norfolk & Western Railway Co.
reported net earnings for October of
0,583, ,888.4l, equal to $1.7s per COM
mon share. compared with 1896
$3.50, equal to s1.32 per common
share, in the similar period of ls4l
Evening star., 1942-11-24
|!OI Production
Shows. Increase
During Week
81 the Associated Press:

sEy the Assoeiated Press: - -.
: TULSA, Okla. Nov. A.-Daily
crude oil production in the United
States increased 35225 barrels to
s,Sl5. .S2S for the week ended No
vember Il. the Oil and Gas Journal
said today.
Illinois production was UP n 500
to 500; Eastern fields, also to
92,700; Kansas. $500 to 3ll $50;
Louisiana, 1900 to 325, 400: Okla
homa, 1850 to 363.3oo: the Rocky
Mountain States, 2.3SS to 122, ,635,
and Texas, $500 to 1,376.450.
California was down $500 to
73s.750, and Michigan, $500 to
81 $50. 81,
East Texas was unchanged at
364 800,
Evening star., 1942-11-24
Foster Wheeler Votes
To Pay Arreoroees
By the Associated Press,

By the AaSociAt<d Press.
p NEW YORK. Nov. 24.-The Fos-
ter Wheeler Corp. announced TODAY
q dividend of 81 q share on account
OF arrears on the 81 preferred stock.
payable December "a to holders of
record December Is, and a quarterly
dividend Of 3l.75 on the 81 pre-
ferred, payable January /, ls43, to
holders Of record December Is.
The company also declared four
quarterly dividends of 37iz cents
each on the s per cent prior pre-
ferred stock, payable January 2,
April /, July l and October /, 1943,
to holders of record next December
Is. March Is, June Is and Septem-
ber IS, respectively.
Evening star., 1942-11-24
Foreign Exchange

NEW YORK. Nov. "a LP.-Late foreirn
exchange rates follow tGreat Britain ia
dJllArs. others in cents): -
Canada--Ofneial Canadian Control Board
rates for United States dollars: BuyinT,
10 per cent premium; selling, IL per cent
madam dollars in New York Of buying, GEL
per cent: selling. 9.09 per cent :.
t. Der cent dsccnn. h n 1rs or ss cIsn n,.s mtr
states cents. down i. Of . cent
Europe-Sreat Britain, .oflcial Nankers
ing, 4.o2: sellins. '4.04, open market;
Latin Ameriea-Arsentina ofaeial. 2e.77;
oA1efal 6.06n: free, 6.20n: Mexico, cO. s6n.
Hates IN spet cables unless otherwise
n-Nominal
Evening star., 1942-11-24
Jewel Teo Co. SoIes
Well Above Year Aoo

By the ASsociated Press
NEW YORK. Nov. 74.-The Jewel
Tea Co, Inc, today reported sales
OF $4,2lS,8l6 for the four weeks
ended November 7. compared with
1854 ,435 for the like l94l period.
an increase of 1877 per cent.
Sales for the first A weeks of 1912
were $44.248, ,002. against So, ,o00, 900
Tor the similar 1941 period. an in
crease of 34.l per cent.
Evening star., 1942-11-24

Axis might have 300, 900 to 400
900 men in the imperiled area)
Nazi Dead Piled High.
A front-line dispatch from south
Of Stalingrad said that in some
places the white flag f1uttered over
the barren Kalmyck steppes and in
other places the German dead were
piled high around wrecked pill
boxes.
While the Russians drove ahead,
long columns of captives were re-
por Nsd moving east, shivering IN the
cold. Many of the Germans and
Rumanians marched with heads and
bodies swathed in shawls and
blankets.
Latest front Line reports indicated
that at most points the Germans
were resisting the Russian advance
f1ercely, throwing in reintorcements
In desperate efforts to save their
sagging lines and precipitating far
flung battles.
With the Stalingrad besiegers'
lone remaining corridor of land
communications with the west ap-
parently growing narrower, it was
assumed here that the enemy COM
munications along this strip were
under heavy artillery and plane
bombardment.
Corridor Would Be Cut.
With the Soviets in Kalach, 1t
seemed apparent that another few
days of continued Russian advances
would cut this corridor completely
and leave the Germans at the Volga
city isolated except for air COM
munication.
The capture of Tundutova and
Aksai to the south of Stalingrad
deprived the enemy of two more
roads-roads vitality needed in such
country at the Kalmy steppe be-
tween Stalingrad and Astrakhan.
The special communique last night
Indicated also that Nazi losses In
men and material were mounting
swiftly as the offensive gained mo-
mentum, $4,000 being reported killed
In yesterdays operations, making
the death list $4,000 for four days
while yesterdays prisoners were
counted at 1000, raising the four
day total to $4,000. The total Axis
losses in dead and captured thus
stood at $4,000.
The columns which struck out
north of Stalingrad were credited
with additional advances Of 6 to Il
miles and the occupation Of Cherry
shevskaya, Perelazovsky and Po'
godinsky.
The forces to the south Of the city
moved ahead 8 to IL miles, occupy.
ing Aksai and Tundutova, the Rus.
slams said.
Rail Line Slashed.
Added to this evidence OF near
encirclement of Axis forces bat.
tering at Stalingrad was the previ.
Gus announcement that the cap.
ture of Kalach meant the cutting
of the rail line to Kamensk ovel
which the Germans had been NOV.
ing supplies and reinforcement.
while the only other rail line oper
to the enemy had been cut by the
capture of Abganerova and Tun.
dutova: ...-..
Russian count on the enemy
equipment destroyed in the ad'
vance included 70 planes, l57 tank!
and 1856 guns. Added to this wa!
the following booty-556 guns, 2,82t
trucks. 2,625 machine guns, 3:
planes In full working order, 8!
tanks and q large quantity Of othel
materiel not yet listed.