davidaulloa/AmericanStories huggingface dataset:
Evening star., 1943-04-04
Chicago Livestock

CHICAGO. April 3 lP,.-Salable cattle.
100; total, 200; compared Friday last week,
fed steers and yearlinss in broad demand,
$3.50 mostly so higher on ali Grades ex.
ceptinE strictly choice kinds: these 1875
up; top. 1913. new high since 1887: next
highest price, .65. paid for lonk yearlinRs
as well as weishty steers; bulk. l475-
1928; little to killers under 1875; heifers
fully ,25 up, with choice offerings topping
for class at .S5: largely steer and heifer
run: stock cattle strong to rs higher. with
choice stocker yearlines to 1900 medium
to, good stockers active at 13.5O-l4.15;
falling hard on late rounds. Gamers. cut :
ters and common beef cows closed 25 lower:
medium to good cows steady to IS Of; ;
weighty sausage bulls steady, but lisht and
medium weish ht kinds 25 lower; practical
vealers. 50-3. 90 lower bulk GOOD to
choice offerings late. 14.O0-15. so: practical
top choice weighty offerings, 1900,
against II so week earlier.
Salaole sheep. $500: total, 1000: COM
pared Friday last week. fat lambs. 1O-I 5
lower: sheep mostly steady; top fed West
ern wooled lambs, 1880: packer top, 163S
lambs, 10. 1915: 25: bulk on low day.
1915 16. 90: good and choice fed, western
clipped lambs with No. J. and skins.
14.6o-15,o5; weeks top, 1888. on choice
ofierinEs with fay shorn pelts; weeks bulk
Salable hogs. 800 total. $500: NOM
tnally steady; not enough good and choice
hogs offered to make 4 market: shippers
took none. Compared week aso: All
Weishts and spws around 10 higher.
Evening star., 1943-04-04
Receipts Of Wheat and Rye
Decline at Baltimore
Special Dispatch 10 The Star.

special DlSpatCh 10 Inc StAl.
BALTIMORE, April 3-Although
receipts Of wheat and rye at Balti
more during the first quarter OF this
year were lower than in the CORE
spending period of 1912. receipts of
other grains increased, according to
figures compiled by the Baltimore
Chamber of Commerce. Wheat re-
ceipts totaled 3,498 POS bushels, a de-
crease of more than 231 900 bushels
from the total for the first three
months of last year. Wheat exports
were 3436,5ll bushels, decline of
more than $500 bushels. Rye re-
ceipts for the first quarter of this
year were only 8,029 bushels. but in
the corresponding period OF 1912
they reached l65, ,780 bushels.
Other receipts so far this year as
compared with the first quarter OF
1912 were: Corn 942, 2,997 bushels, an
increase Of more than 100000
bushels; oats, 268 99l bushels, an in
crease of almost $1,000 bushels:
barley. 9l.O2l bushels, an increase of
almost 5000 bushels, and malt. 638,-
949 bushels, an increase of more than
81 800 bushels. Soybean receipts SO
far this year total 500 bushels, while
in the first three months OF last year
there were no receipts.
Flour receipts so far this year
total 290843 barrels, decrease of
more than $4,000 barrels from last
year. Receipts of millfeed, however,
were 1913 tons. gain of more than
$500 tons over the first three months
of 1912.
Evening star., 1943-04-04
House-to-House Canvass
For Scrap Considered
BY the Associated Press.

py me ASSCClAteQ IreBS.
NEW YORK. April 3,-Trade
sources said today the War Produc-
ton Board was considering a Nation
wide, house-to- house canvass to get
out all possible scrap copper and
brass.
The meeting next week of the lead
industry Advisory Committee will
consider review of restrictive orders
so as to find way to make greater
Use OF lead as substitute to relieve
shortages in other more strategic
metals.
In steel, record ingot output in
1943 was predicted by the Bureau of
Foreign and Domestic Commerce
which said production might reach
92,000o00 tons. 7 per cent greater
than the 1912 high.
Non-ferrous metal prices remained
unchanged at these prices per pound
in cents: Copper, -, Connecticut
Valley and export, 11N, f.a.s., New
York; lead, $50, New York, and
6.35, st. Louis; zinc, s25, East St.
Louis.
Evening star., 1943-04-04
Business Briefs

Business Activity Jagged slightly
IN the last week, according to the
index of Business Week, which stood
at 200.9, compared with POI in the
preceding week. 1888 month ago,
1869 six months ago and It'll a
year ago.
Rising Sugar Prices this year are
distinctly probable as a result of re-
duced output of principal producing
areas and growing lease-lend re-
quirements, Fitch Investors Service
reported. In contrast with 1912
lease-lend shipments of around
35O,0OO tons, the service says the
volume going abroad in l943 may
reach 100000 tons.
A Pleasant Surprise awaits, some
retailers, according to Dun & Brad
street, Inc, which said scattered re-
ports of improved deliveries sug-
gested that stores might receive in
time for Easter selling more of the
large merchandise orders outstand-
ing than expected. Some dress lines
formerly withdrawn were reported
available again as deliveries eased.
Suits continued to lag and a consid-
erable recorder call was generally not
fully satisfied.
Acme Steel Co. earned 81, 1872, ,92l,
or S5.43 share in 1912 after pro-
vision Of $360,O0O for CONTINGENCIES,
compared with $2,994,24 or 1913 a
share in 194l.
Poor e. Co., railway supplies.
earned s761 ,289 or $143 share on
the class B" stock in 1912, compared
with sl,0l1,796 or s194 a share on
the combined "a and "B" shares
in l941.
To Speed Arms Production, IS out
of every Sc in war contracts held by
WHY'S Motors are being
farmed out to other companies in
l06 cities throughout the Nation, it
was announced by President Joseph
w. Frazer. Subcontracts or supply
orders worth hundreds of millions
OF dollars on present contracts have
been or will be distributed to 2,484
Arms in % States, he declared.
Terminating Long Fight against
control of Panhandle Eastern Pipe
line Co. by Columbia Gas & Electric
Corp, the Justice Department an
nounced that supplemental con-
sent decree had been filed in the
Federal District Court at Whining
ton, Del. The decree, approved by
the department and the SEC, ter
minated the trusteeship under which
the Panhandle stock owned by Co.
lumbia was held, and provided for
sale Of the interest to Phillips Pc
troleum Co.
Evening star., 1943-04-04
F february Rail Nets
Nearly Three Times
Same 1912 Month
Climbed to S62, 900 900
Against $23,715,624
Mark Of Year Ago

BY the Associated Press.
The Association of American Rail-
roads reported yesterday that the
class l railroads had an estimated
net income after interest and
rentals, of s62 100000 in February.
which was nearly three times the
net of s23,715,624 for February of
last year.
For the first two months of 1943,
the association said, net operating
income. before interest and rentals.
was S2l1 474,311, compared with
$l3l ,l96,040 in January and Febru-
arv of last year.
February operating revenues to-
tailed 1858, ,533,786, compared with
$462, ,482, $3.50 year ago, and operat-
ing expenses amounted to S408, 49,
BOT, compared with 1927 SOB 1888.
The net operating income figure
before interest and rentals was
$l06, ,132.776. compared with s64,345,-
273 in February. 1912.
The Interstate Commerce Com
mission reported at the same time
that the February operating reve-
nues of the 1876 class l railroads to-
tailed $5l3,191 1872 of freight revenue.
an increase of 35.9 per cent over
last year. and s107,224,427 of pas
senger revenue. an increase of $50
per cent, compared with February
a year ago.
Evening star., 1943-04-04
Proxies Show Six Chances
In Nickel Plate Board
BY the Associated Press,

BY the Associated Press.
CLEVELAND, April 3-The Nickel
Plate Railroads proxy statement
for the May annual meeting
showed today that six changes had
been made on the board since the
last stockholders session, when four
directors were replaced.
The road is a subsidiary of the
Chesapeake & Ohio. controlled in
turn by Allegheny Corp. of which
Robert R. Young of New York is
chairman.
AT the May meeting here stock
holders will vote on Directors Hugh
B. Baker of New York, president of
the Blue Ridge Corp: John w.
DAWN. the Nickel Plates president
since December: James B. McCahey
Of Chicago, president of the Dunn
Coal Co.: Frank M. McHale. In
dianapolis tIndJ attorney: William
G, Rabe, New York banker. and
Samuel L. Fuller of New York. part
ner in the firm Of Merrill Lynch,
Pierce Fenner & Beane.
Baker, McCahey. McHale and
Rabe were elected directors in Feb
ruary. Fuller in January and DAWN
IN December. They succeed George
D. Brooke, former Nickel Plate
president: James G.. Blaine, Harvey
D. Gibson and James M. Nicely.
New York bankers; Carl O. Hoff
mann, New York attorney. and
Henry j. Guild. Adams Mass
paper manufacturer.
Evening star., 1943-04-04
Stock Prices Uneven;
Utilities, Specia|ties
And Rails Climb
Power Issues Aided
By SEC Ruling and
Talk in Congress
BY BERNARD s. O'HARA,
Associated Press Financial W.,.,..

HASC1Ateo 6ESS6 = lAAASlAl Vs'.Js
NEW YORK, April 3.-Demand
for utility, rail and specially stocks
offset profit selling in other groups
today with the result that the mar
ket finished a generally successful
week on a slightly irregular note.
The power and light section re-
sumed the climb which got under
way yesterday on sizable volume in
the wake Of SEC approval of ma
tional powers breakup plan which,
it was deduced, would benefit COM
mon stock owners. Talk of Congress
freezing" the death sentence pro-
vision of the public utilities law for
the duration also was factor in
the upswing.
Rail Earnings Studied.
! Rails were stellar performers
throughout the week as record earn
ings for most roads, plus heavy debt
reduction, revived hopes for REIN
stated or increased dividends. The
carrier average on Thursday touched
its peak since October, 1887. The
utility index in the final session of
the week reached its best level since
September, 1941.
! Bullish war news, initiation threats
and peacetime economic optimism
provided the principal market props
from Monday on. The lengthy ad-
vance, however, aroused apprehen-
sion over the possibility of a sub
stantlal corrective reaction and
many customers cashed in near the
close of the week.
Friday the Associated Press 60
stock composite suffered it's first net
decline since March 10. although the
reversal was relatively minor and
was confined mainly to recently
strong industrials.
Average Is Unchanged.
Today this barometer was un-
changed at 40, but on the week was
up IL points. Thursday it regis
tered a new top since May 9, 1940
Activity In low-priced issues put the
tWo-hour turnover at 1876 $40 shares,
against 10000 a week ago.
/ Prominent days gamers at highs
/ for the year or longer included Ma
| tional Power. North American, Pub
| lie Service of New Jersey, American
Water Works, Chesapeake g. Ohio.
Lackawanna. Zenith Radio, Philco.
National Distillers, Alaska Juneau
and South American Gold &
Platinum. Western Union and
Postal Telegraph pushed upward, as
reports were heard that merger
program for these companies was
developing. Radio Corp. was a lively
mover in the new high division as
| the concern announced it was re-
deeming its preferred "B" stock at
par and accrued dividends
Rail Bonds Improve.
Rail loans established a new av-
erage high for five years or more In
/ the bond market. although several
| Of the weeks favorites in the car
rler division lost some ground under
/ profit selling
Buying emphasis shifted to bonds
OF Eastern carriers. including Gen.
tral OF New Jersey 5s of 81. up 21a
| Morris & Essex 5s. up 2a.: Delaware
& Hudson refunding As. up 1ss: Le-
high Valley 5s. up 2, and New York.
LackaWanna & Western SIS. up 1as.
Industrial and utility bonds were
steady. United States Governments
held about even with previous clos
ihgs.
Transactions totaled s8.337 100
face value, compared with S1O.O95, 700
the previous Saturday.
Evening star., 1943-04-04
Radio Corp. Selects
Advertising Firms

BY the Associated Press
NEW YORK, April 3.-The Radio
Corporation of America has selected
four advertising agencies to handle
its advertising
Ruthrauff & Ryan, Inc. was
named to handle advertising of
RCA victor radio, photograph and
teleVlslon instruments. while j. Wal
ter Thompson Co. was assigned for
Victor and Bluebird phonoeraph
records and for RCA Victors inter-
national division.
Kenyon & Eckhardt. Inc. will
conduct advertising of radio tubes
special radio instruments and in
dustrlal electronic and radio appa
ratus. Albert Frank -Gunther Law
Inc, was appointed to handle finan-
clal advertising OF RCA.
Evening star., 1943-04-04
Dividend Meetinos

NEW YORK. April ? tspeciaD Among
lmportant companies which will hold divi-
aeho meetings in the coming week are
hmefican Can Co. Hires ,Chas Ep Co
MeIVllle Shoe Corp. and Reynolds r j.
lohacco Co. A list of meetinqs definitely
Service as follows:
Monday. April s.
>, Consolidated CiRar Corp, per cent and
bt2 per cent preferred: pm
hires 'Charles ED Co., common 2:I5
Loose Wiles Biscuit Co, common; j.,
Melville Shoe Corp, common and pre-
1erred; 12:3O pm.
Tuesday, April g.
cerro De Pasco Copper Corp, common:
pm. ''"''''
Maytag Co. S3 and So preferred: Q, m
Ne%berry ~. JD Co, 5 per cent pre-
ferred a.; ! am
Wednesday. April
Americsn Can Co, common: .:15 pm
per cent preferred: 1890 am
3 pm. Gu
Pacific Lighting Corp, common, Jas
pm. A
White Sewing Machin. Corp g, nrior
preferred and 81 convertible preferred.
Thursday, April 3.
reynolds R. j. Tobacco Co, common
Friday, April 9.
e kroger Grocery e. Baking Co., common
nrst ana second preferred: IL am
Evening star., 1943-04-04

support to the campaign.
Capital associations oversubscribed
their quota during the December
drive and officials feel sure the sec
ond campaign will be equally sue
ceSsful.
Loan Concern 80 Years Old.
Tomorrow marks the SD ami
versary of the founding of the
Northern Liberty Building Associa
tion on April 4, 1891. Still active
In the institution he helped Or
ganlze, George NJ. Emmerich, treas
urer. looks back on the days half
century ago when most building
associations conducted serial opera
tlons, with books opened for sub
scrlptions twice a year.
The other officers are William
=: zimmerman, president; Harry F.
Alien. vice president, and E. NJ
fmmerlch. secretary. Directors in
cluce the officers and Alvah God
ding. Charles w. Botsch. Herbert
E. Hurley, George w. Huguelv. ir.
George B. Mullin. ir.
Inc anniversary condition state
ment showed resources of S6,32O15s
Gilmore Enters Air Service,
r. c. Gilmore. manager of the
Washington Office of the Bankers
Lille insurance Co. of Iowa. has en-
tered the Air Service and been sue
ceeded by Clarence H. Carr of Phila-
delphia, formerly assistant manager
OF the Quaker City agency of the
Prudential.
Mr.. Carr has been in the insur
ance business for 20 years, is a
graduate of Swarthmore COLLEGE
"here ne was prominent athlete
ana is chartered life underwater
He assumed his duties here on
April /.
New Insurance Officer Feted.
Members Of the John Hancock
Mutual Life Insurance Co. enter
falned Is Of the city's leading insur-
ance men at welcoming luncheon
AZ the Parrot Tea Room yesterday
for Charles NJ. Parkhurst of Al.
lantlc City. who has Just come tn
the Washington staff. Frank Jim
norman, veteran agent, was toast
master
Inc company, which has been in
business here for As years. is open
ing weekly premium service under
the management of Mr.. Parkhurst
who has held similar position At
the New Jersey resort since 1886
Stocks Reach New High Mark.
Washington Gas Light common.
selling around 20. made a new le43
nigh mark on the Washington Stock
Exchange during the week and Peo-
pies Drug common, st 22la. did the
same on the New York exchange
Evening star., 1943-04-04
Which Stocks
Under 20 Have
Best Prospects?

If you want FINANCIAL
WORLDS answer to this
vital question, read "A Guide
to Low-Priced Stocks" Just
off the press. This gives our
W, ~ or (3) grading on
every n. Y. Stock Exchange
Common Stock Under $40.
You will receive this big in
vestment aid Free if you sub.
scribe now.
Besides the above our remark
able 81 Trial offer ,OiH bring
YOU (a) our nest three maya.
sines, (b) pocket manual gir.
ina ratings and data on 1900
listed stocks. (c) "The Real
Force Behind This Marker"
Id "What To DO About In
fntion' and (e) 40. Year Dir
idend Honor Roll (1935.
I942)".
RETURN "AD" AND 81 for all the
above. Or, remit $3.50 for six months
subscription, including privilege of
writing US frequently (as per rules for
our opinions on listed securities. Better
still, send SIS for II months subscrip.
tion 81 magazines and II stock man.
uals) and immediate survey of 20 Of
your listed stocks and bonds. in add.
ton to usual Advice PRIVILEGE. If we
advise sales. more attractive issues will
be recommended.
Read in omr Abri I issue: II revised
Stock Paragraphs" "4r Under.
Priced Rail Group" New Analysis
Of u. S. Steel" IF. VS. Wv.Penre
"Stock Paragraphs" an Under.
Higher Earnings" Many ofhe, vnln.
able features besides above.
@NlANQL WORLD
s6.FM Trinity Place New York
Evening star., 1943-04-04
Revival Expected in Civilian
Cotton Textile Business
BY the Associated Press.


NEW YORK. April 3.-Some trad
ing was done in cotton textiles this
week and sources felt the simplifi-
cation program changeover might
soon break the current stalemate in
civilian business.
Bids submitted to the Army
week ago for 1863 900 900 yards of
twills proved almost 100000 900
yards short of the specified guam
tity, causing some circles to suggest
the need for Government clarifca-
ton of military and civilian orders
on mill operations.
Woolen mills booked somewhat
more business. principally in wom-
ems wear for fall. Some units felt
military demands were in line with
expectations. thus permitting more
liberal trea tment of civilians.
The rayon goods market con-
tinued tight and converters COM
planned of growing contraction in
dress goods due to expansion in
Government orders.
Evening star., 1943-04-04
late Buying Leaves
Wheat Market About
Unchanged al End
Uncertainty Over Veto
Of bunkheud Bill
Dominates Trading
BY WILLIAM FERRIS,

Associated Press Market Writer
CHICAGO, April 3.-Uncertainty
about the possibilities of passing the
Bankhead bill over the Presidents
veto dominated trading in grain pits
today, but prices rallied after an
early dip and closed little changed
when compared with yesterdays
finish.
Selling from commission houses
weakened grains at the start, send
ing wheat down about q cent. Mill
buying gave the bread cereal support
and prices rose rather quickly to-
ward the end when covering by pre-
vious short sellers found the market
bare of offerings.
At the close wheat was a lower
to q higher, May $145a.-1a, July
$l.45ss-12, corn was unchanged at
ceilings, May $10l, oats were q
lower to Is higher and rye was un-
changed to a higher.
Two thirds Vote Seen.
There were few indications of how
the Senate would line up when the
Bankhead bill was presented to it
on Tuesday, although the feeling in
the grain trade was that the neces-
sary two-thirds vote to override a
veto would be forthcoming from
that body. In the House, however,
the bill was expected to encounter
increased opposition.
A favorable crop report was re-
ceived from Oklahoma, where the
weekly summary said growth of
wheat has been delayed by dry
weather and earlier freezes, but
prospects following recent rains are
decidedly improved" Wheat condi-
ton was described as fair to good. :"
Corn was again at a standstill.
Elevator men said inability to re-
move hedges in the futures market
was holding down sales of the cash
grain. Many corn mills throughout
the South are having to shut down
because of the lack of corn, reports
to the trade said There were prac-
tlcally no offerings of corn through
commercial channels at Southern
markets during the week.
Rye and Oats Climb.
Oats and rye followed wheat.
hasty short-covering speeding the
upturn in rye near the close. The
Canadian Wheat Board decided to
give preference to shipments of oats
and barley, rather than to wheat, to
lake ports over the next two or
three weeks.
Grain range at principal markets
today:
Evening star., 1943-04-04

w II II o II L. stAhieS hohand
Loan & Trust Co. was named vice
chairman. He also is a past presi-
dent of the association, having
served in 1885. Other committee
members include some OF the citys
foremost bankers:
Francis G. Addison, jr., president
Security Savings & Commercial;
Clarence F. Burton. president City
Bank Victor B. Deyber, chairman
Of the board. Second National:
Robert V. Fleming. president Riggs
National; Thomas J. Groom. presi-
dent Bank Of Commerce & savings:
A. M. McLachlen. vice president and
treasurer McLachlen Bank: C. H.
Pope, president Munsey Trust; Fred
erick P. H. Siddons, vice president
and secretary American Security &
Trust. Wilmer j. Waller. vice presi-
dent and cashier Hamilton National.
Baltz Plans War Bond Drive.
Edward C. Baltz, secretary of the
Perpetual Building Association and
chairman of the Second War Bond
Committee for building and loan as
Evening star., 1943-04-04
State and Municipal
Financing to Drop

BY The Associated Press.
NEW YORK. April 3.-The VOL
ume of new State and municipal
financing will drop sharply next
week to S5.625 900 from the $l7,233,-
474 marketed in the current week.
the Daily Bond Buyer reported to-
day. The weekly volume for the
year to date amounts to S20,342,8l6.
The largest issue will come on
Housing Authority will receive bids
on s2,775, 900 of notes due in six
months
Evening star., 1943-04-04
Sales of Fertilizer
Tags Top Year Ago
BY the Associated Press.

NEW ORLEANS, April 3-Sales
of fertilizer tags for all crops for
March showed an increase Of 1840s5
tons over the same month last year
in 10 Southern States, the New
Orleans Cotton Exchange announced
today.
Sales during March amounted to
1126.246 tons. against 942,l ISL for the
same month last year,
For the last eight months, from
August to March. both inclusive the
tag sales were 53S648 tons larger
than the corresponding period last
year amounting to 38l8130 tons,
against 3279482 during the same
period last year.
Evening star., 1943-04-04
industrial Building
Costs Show Stability
By the Associated Press.

BY the Associated Press.
CLEVELAND, April 3.-Industrial
building costs remained at a con-
stant level during the first quarter
OF l943, it was shown today in an
index computed by the Austin Co.,
Cleveland engineers and builders.
The index now is at lis, based on
the 1926 level arbitrarily taken as
representing 100, and compared with
ia at the close Of the first quarter
last year.
While there was marked decline
in the volume of contracts placed
during the early part of the year,
actual construction proceeded sub
stantially at peak" said George A.
Bryant, president of the Austin Co.
Evening star., 1943-04-04
Federal Orders Spur
Boston Wool Trade
By the Associated Press.

BY the Associated Press
BOSTON. April Omitted States
Department of Agriculture Re
quest for bids on wool cloth totalinp
56,00o,0o0 yards and 10,3OO,O0O blan-
kets resulted in broad demand for
wool in the Boston wool market to-
day. Contracting was reported as
very active in all the territory
States. Texas and California. Most
OF these contracted woods were i'm
mediately resold to manufacturers
at close to or at ceiling prices.
Evening star., 1943-04-04
Cotton Futures Off
IS 10 35Cents in
Light Selling
Trade and Replacement
Buying Hell ps Offset
Liquidation
BY the Associated Press.

BY the Associated Press
NEW YORK, April 3-Cotton fu-
lures prices declined IS to IS cents
a bale today in light liquidation and
trade sources said most operators
held to the sidelines.
Presidential veto of the Bankhead
bill. which would have tended to in
crease the ceiling price of cotton
along with other ajor farm COM
modities, brought up discussion OF
possibilities Congress might pass the
measure over the Veto
Partly balancing today's selling
was small amount of trade and re-
placement buying.
The range of futures: