davidaulloa/AmericanStories huggingface dataset:
Evening star., 1943-08-31
Peace Shares Lead
Broad Recovery on
Stock Market -.
BY VICTOR EUBANK,
Associated Press Financial Write


NEW YORK, Aug. 31.-The stock
market today emerged from the
August doldrums with a broad and
relatively active recovery led main
ly by industrial favorites with
bright peace prospects.
Persistently cheerful war news in
spired selective purchases, brokers
said, but in many instances COM
mitments were reinstated on the
idea the recent drying up of selling
to a mere trickle meant the list
must be getting set for a resump-
ton of the bull swing. Tax doubts
and imminence of the big Govern
ment bond drive still were restrain
ing influences.
Improved tendencies appeared at
the opening and the ticker tape
quickened during the forenoon.
Gains ran to a point or more at the
best, but these were whitfield down
after midday by proflt-taking.
Dealings slowed appreciably as
boardrooms gave an ear to the
Churchill broadcast. Near closing
prices generally we're higher. Trans
fers were around 650,000 shares.
Conspicuous on the comeback
we're motors, rubbers, Colds, foods,
mail orders and specialties.
Consolidated Laundries, Dome
Mines and Allied Mills edged to
peaks for 1943.
Bonds tilted upward.
Evening star., 1943-08-31
|WPB 5Iashes Output
OF Grocers' and
Variety Paper Bags
BY the Associated Press

BY the Associated Press.
Mounting shortages of paper to-
day forced reduction of paper bag
output, the War Production Board
said in ordering limitation of paper
stock available to manufacturers
of grocers' and variety paper bags.
Quotas for the October December
quarter will be restricted to IS per
cent of the tonnage used in the six
month base period between October
l, l941, and March 81, 1912, was
decreed.
The order also established Sep
tember as a one-month quota pc
riod, with manufacturers limited for
the 80 days to IL per cent of the
paper tonnages used during the six
month base period.
The order allows temporary quotas
for any manufacturer whose plant
was not in production during sub
stantial part of the base period.
Provision also is made in the order
for carrying over unused quotas
from one quarter into the first
months of the succeeding quarter.
A manufacturer also may borrow up
to one third of the next quarters al
lotment during the last month of
any quarter.
Evening star., 1943-08-31

Spot cotton closed steady Is cents a bale
lower; Sales, s.155. Low middling. 1908:
mtddling, 20.33; good middling, 2O7S.
Receipts, "a 200: stock, l54, ,844.
b Bid. Nominal
Evening star., 1943-08-31
Clearing Records Set
Here in August and
Eight Months
BY HAROLD b. ROGERS

Bank clearings here in August es-
tablished a new all-time peak for
that month and also boosted figures
toward the highest total on record
for the first eight months of the
year, according to report today by
George H. Bright, manager of the
Washington Clearing House Associ-
alton.
Cancelled checks rose from $145,-
928.69231 in August, 1912, to $780,
506, 1864 this August.
All records were smashed in the
eight-month period of 1943, which
reached new high of $1,268,915
1870, as compared with 1922, ,l23,-
94627 for the first eight months of
1912.
The years monthly advances COM
pare, as follows, with the like period
in 1942.
Evening star., 1943-08-31
New York kReserye
To Open Bronch
In Show Tent
By the Associated Press.

by the Associated PreSS.
NEW YORK, Aug. 31.-The Fed
eral Reserve Bank of New York has
taken to the Big Top to facilitate
sales of War bonds in the forthcom-
ing Government financing program
For the first time in It's 25-year
history, the bank will open a
branch Office" in a parking lot on
Fiftieth street between Sixth and
Seventh avenues, recently named
Victory Square" where bonds will
be on sale as a convenience to the
buying public.
1t is housed in a tent recently
used for pocket-sized circus, and
the Treasury's own victory show,
complete with show girls, theatrical
celebrities and notables will per-
form in the ring where lions, ele-
plants and acrobats recently did
their stuff.
Admission to the new show will
be War bond or stamp.
Evening star., 1943-08-31
Washington Produce

From the War Food Administration
Prices paid net fob. Washington:
Federal-state Graded eggs received from
grading stations august 81. Whites,
.. s. grade A. large, 81; q. S. grade A.
medium. ~: U. S. grade B, large 44Ig
Browns, U. S. grade A, large. 50-bI; aver
age, 50la; U; s. grade A, medium. 46-45:
sveTage' 20: 2. s. grade B. large, 45; u S.
Current receipts, nearby ungraded eggs
whites, Il q: mixed coiors, Al q.
LIVE POULTRY-Market Arm Broil-
srs and fryers. 2sHa; fowl, 26ia; roosters
Evening star., 1943-08-31
Crude Oil Production
Off Slightly in Week
BY the Associated Press.

BY the Assoclated Press.
TULSA, Okla, Aug. 31.-Daily
crude oil production in the United
States declined 22,165 barrels to
4,202,120 for the week ended August
%, the Oil and Gas Journal said
today.
California production was down
10000 barrels to 770,450, Eastern
fields, 2,750 to 98,750; Illinois, 1850
to 10000; Kansas, 10,50o to 297 900;
Louisiana, LAOS to 350,425; Okla
homa, 3,050 to 1876, 200, and the Rocky
Mountain States, 400 to 131 ,215.
Texas remained unchanged at
1,711 ,250, and East Texas at 371 600.
Evening star., 1943-08-31
Foreign Exchange

NEW YORK, Aus. 81 lP5.-Late foreign
exchanse rates follow tGreat Britain in
dollars. others in cents1.
Board rates for o. S. dollars Buying, 10
per cent premium; selling. IL per cent
premium, equivalent to discounts on
Canadian dollars m New York of buying
s9l per cent. selling, 9,09 per cent
. canadian dollar in New York open mar
EsL, sfs per cent discount or 9o.62h U. s.
Enrope--Great Britain oficial (Bank-
Hers FOREIGN Exchange Committee rates. 4,
buying, 4.02; selling, 404
Latin Amersca - Argentina oficial
sZs,T1 free, 25.09; Brazil. officiaI, 8O5n:
gfree, 5.20n; Mexico, 20g5n
I Rates in spot cables unless othoru,,s.
indicated ASe
Nominal
Evening star., 1943-08-31
New York Cotton

NEW YORK, Aug 81 R-Cotton fu-
lures turned reactionary today after es-
tablishing new seasonal highs at the
opening. Increased hedge selling against
caused the setback
Trade price fixing demand against textile
contracts was less aggressive and traders
weather report
Late values were 10 cents bale higher
to 10 cents lower, October, 20.3S: Decem-
Der. 20.26, and March. 20.16.
Futures closed Gold contracts) 20 to 40
Evening star., 1943-08-31
Washington Exchange

AFTER CALL.
Washington Gas COMO at 23
Mergenthaler Linotype at 40, 2 at 40,
10 at 40.
Evening star., 1943-08-31
Chicago Produce

CHICAGO, Aug. 81 GPl.-Poultry, live;
20 trucks; unsettled springs, 26; other
prices are unchanged at ceilings
Butter. receipts, 716,34S; firm; prices
arc unchanged
Esgs, receipts 6,543; firm; oPA ceiling
prices are unchanged
Butter, 440,571; strong, Prices I'M
changed.
!, Cheese, 19s,652: nominal No quota
Evening star., 1943-08-31
Phone Earnings Larger.

Net income of the Chesapeake
& Potomac Telephone Co., before
interest and dividends, was $3.50, 1886
in July this year, as compared with
$215,703 in July, 1912, a gain Of
$64,633, according to Charles A.
Robinson, vice president and gen.
eral manager.
The total net income of the COM
pany rose from $1,634,224 in the
first seven months of 1912, to ST.
842,377, in the comparable 1943
period. Investment in telephone
plant was $3,867 ,487 more this July
than in July 1912.
Interest and dividends in July
this year amounted to $277 BOT, as
compared with $261 ,971 in July 1912
while the same item rose from
$1,783,743 in the first seven months
of 1912 to $1,965 ,244 for the 1943
comparable period. In this con-
nection the company recalled that
notes amounting to $30,Oo0,0 900 were
retired on october 1, 1912, from pro-
ceeds of the sale of like amount
of common stock.
Revenues Up Sharply.
Operating revenues of the COM
any for the month of July this
year were $2,119,532 against 81 1,S29,-
~446 a year ago, while operating ex-
penses amounted to $1,519,870 as
compared with $1,461, $40 in July
1912.
Operating taxes for the month
came to $310,1o6 as compared with
s146,7S7 in July 1912.
There were 364,3S6 telephones in
service at the end of July, a de-
crease of 624 phones over the pre-
vious month. Telephone users made
40,092 900 calls during July, or
478,000 less than in July 1912.
Bank Official Inducted.
Samuel G. Redman, jr., assistant
cashier, and assistant manager of
the Seventeenth and H street NV.
Office of Lincoln National Bank
has been inducted into the Army.
He has been given leave of alb
sence from the bank for the dura-
ton of his service, it was announced
by Richard A. Norris, vice president
and cashier of the bank
MIR. Rerlnan has been with the
bank since 1881. He is a graduate
of the Staunton Military Academy
and of the American Institute of
Banking.
Postal Savings Studied.
A committee on the Postal Saw
ings System whose function will be
the study of the system has been
formed by the American Bankers
Association, it is announced by w.
L. Hemingway, ABA president,
who is president of the Mercantile
Commerce Bank and Trust Co., st.
Louis. Mo.
The committee consists of the
following five bankers:
Eugene Abegg, president, Illinois
National Bank & Trust Co, Rock
ford, ILL.,, chairman; William H.
Fawcett, vice president, First Ma
tional Bank, Pittsburgh, Pa; Arthur
w. Sands, president, Western State
Bank, st. Paul, MINI; P. C. Cullom,
vice president and trust officer,
Farmers Bank, Frankfort, Ind, and
Samuel N. Pickard, president, the
National Manufacturers Bank, Nee
nah, Wis.
Insurance Fees Increase.
Taxes and fees collected by the
District Insurance Department in
the past fiscal year totaled S1,053,-
875, the largest amount in any year
and about $4,000 over the previous
year, Albert F. Jordan, superintend-
ent, reports.
Washington Gas common sold to-
day at % on the Washington Stock
Exchange. Three groups of Mergen-
thaler went at 40.
Evening star., 1943-08-31
Canada Reveals Jump
In Exports to U. S.
By the Associated Press.

BY the Assoclated Press.
OTTAWA, Aug. 31.-Canada' ex-
ports to the United States for the
seven months ended July 81 in
creased almost so per cent, compared
with the corresponding period of
1912, the Dominion Bureau of Sta
tistics reported.
The total of s612, 700, 900, compared
with s432,100,000 in the first seven
months of 1912.
All exports for the seven-month
period amounted to Sl,58l 400 900
with the United States taking the
largest share.
Evening star., 1943-08-31
Visible Grain Supply

CHICAGO, Aug. 81 Pi.-The visible
supply of wheat decreased 2.3s3.o00 bush
lures compiled today BY the Board Of Trade
showed. Corn increased 1,396,00o BUSH
1.310.Q00 TO I0.943,000 bushels: rye de-
creased 2tb,0oQ to 22,046,000 bushels:
psrtey increased 1,442,0o0 to 1880. 900
70 100000 bushels.
Evening star., 1943-08-31
New Orleans Prices.

New Orleans Prices.
NEW ORLEANS, Aug. 81 (p.-Cotto
futures declined here today under ii,
creased hedge selling and profit takin
from the long side. The market close
barely steady As to 70 cents q bale lowe
Evening star., 1943-08-31
Approximate Sales Today

tUnit Of trading 10 shares; sales printed
IN fuD In bankruptcy or receivership or
being reorganized under Bankruptcy Act.
Rates OF dividends in the foregoing table
or securities assumed by such companies.
are annual disbursements based on last
quarterly or semi-annual declaration. Un-
less otherwise noted special or extra divi-
xr Ex rights Also extra or extras Cash
or stock. e Paid last year Payable In
stock g Declared or paid so far this year
b Payable in Canadian funds AcctImu-
lated dividends paid or declared this year
Evening star., 1943-08-31
PUBLIC UTILITY

'Ex dividend +Plus extras Paid 90
far this year. go extra. h $500 extra
zoe extra. m 81 so extra. Paid in
1912. yS10.oO extra
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
FARM PICTURE.
Incentive Plan

Under terms Of the new "incen-
tive" program as announced by
Secretary of Agriculture Claude
Wickard, u, s. producers stand to
pick up an extra 100 million dol
lars in subsidy payments to be
warded for meeting or exceeding
greatly expanded farm production
goals.
Applicable TO soybeans, grain
sorghums, peanuts, sweet potatoes,
flax and dried peas, the program
would pay growers of these crops
extra benefits for each acre on
which they exceed 80 per cent of
their goal--up to 10 per cent of
that goal. These are products
which are badly needed in the war
effort to meet deficiencies in vege-
table oils and proteins for animal
feeding and human consumption.
Wickard stated further that add
ed labor and materials will have
TO be available to farmers if they
are to meet the goals Of the pro-
gram,
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05

lished a five-can-per-person limit
as the amount Of canned vegetables
and fruits which householders
might have on hand, without pen
atty, at the beginning of the point
system. This was drastic cut
from the eight to ten cans which
it had previously been expected
would be allowed.
When the plan gets under way,
persons who have more than the
allowable limits will have coupons
torn out of their canned goods ra-
ton book up to the point value of
the goods held in excess. This will
be based on one eight-point cou-
pom for each can over five per
household member.
Excluded from the count of five
cans per person will be cans con-
tanning less than eight ounces.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
Land 4rmy'

As means TO this end Secre-
tary Wickard and Manpower Com
missioner Paul V. McNutt released
their plans for the mobilization of
volunteer land army of 5la mil
lion farm workers. These would be
gathered from ranks of women,
the unemployed, clerks, and non
war workers from cities and
towns.
Aimed at relieving the expected
farm manpower crisis, which ex-
perts predict will reach it's peak
in midsummer, this land army
would be gathered by the joint
activities extension agents of the
department of agriculture and by
the field offices Of the War Man
power commission.
More than IL million farm
workers will be needed at the
height Of the farm season, said
Wickard. He pointed out that the
total farm labor force in Decem-
Der, 1912, was 100000.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
LEND.LEASE:
Extension Sought

Congress is already considering
the extension of the lend-lease act
by another year-to June 30, 1914.
This early action has been taken
to insure an uninterrupted flow of
war materials between the United
States and our fighting Allies.
Though there are some varbal
outbursts expected on the role of
Harry Hopkins in the program,
even Republican minority leaders
in congress predict approval of an
extension for the plan. Two years
ago when it was first introduced
the United States was not at war
end there evolved one of the great
est Legislative battles of history
ever passage of the measure put
ting the idea in motion.
Representative Sol Bloom intro.
duced the new measure just one
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
Oftensiues viii Tell

While the decisions made by
military leaders are secret, OBJ
servers indicated that concrete re-
suits would become apparent with
new Allied offensives this spring
The basic questions settled ap-
peared TO be these;
l. The first great effort must
be to drive the Axis entirely from
North Africa and free the Mediter-
ranean supply line.
2. II he has not been chosen al
ready, supreme Allied command
er in Europe will be named.
3. The anti-submarine warfare
and air war against Europe will
be stepped up.
a. Europe will be invaded in one
Of three ways: Across the Mediter-
ranean, a frontal attack on the
channel coast, or conquest OF
Norway.
5. Aid to Russia and China viii
be stepped up as much as possible
OF immediate interest TO thu
United Nations is the naming of 1
supreme military commander. TIL,
name Of Gen. George c. Marshall
chief of staff of the American
army, is most frequently men
toned. Many observers believed HI
had already been decided upon tC
head the command.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
RALLYING CRY:
For Russians

81 declare my appreciation to
the command and to the gallant
troops. Forward to theh routing of
the German invaders and their ex-
pulsion over the boundaries of our
motherland" So declared Josef
Stain in an order of the day
broadcast by the Moscow radio.
His words urging the Russians
to throw the Nazis out of their
country, became the rallying cry
of the Red army as it pushed for
ward in the big offensives aimed
at Kursk, Kharkov and Rostov.
After the fall Of these strategic
points there were still miles of
hard battling ahead, but for the
first time since the Nazis started
their invasion of Russia there were
definite signs that Stalin's plea
was not idle thinking.
For everywhere along the far
flung front~-from Leningrad to
the Caucasus-the Reds added mo-
metum to their drive. Russian mill
tary quarters estimated that 40
per cent of the Axis effectives had
been knocked out by the Red win
ter offensive.
At the same time diplomatic cir
cles revealed that United Nations
air and sea supply lines to Russia
were getting much better protec-
ton than a few months ago be-
cause losses on these routes have
dropped sharply. One recent u. S.
convoy was reported to have
reached Russia without loss of a
single ship. 1t was indicated that
close U. S.-British-Russian coop
Grafton was making this possible.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
STRATEGY:
On a High Plane

When the initial surprise of
one of the wars greatest stories
the Roosevelt-Churchill "uncon-
ditional surrender" meeting at
Casablanca in French Morocco
had died away, the world waited
expectantly for the carrying out
of the principles of grand strategy
laid down by Allied military lead
ers.
The Roosevelt Churchill rem
devious was the definite tip-off of
big things to come. The Allied
leaders made it clear that their
countries would dig to the bottom
of their resources-if necessary
in order to carry out the extermi-
nation Of Axis war power as quick
ly as possible.
From a cleaning white villa
near Casablanca came the great
news. But only after complete Sc
crecy had officially ended Core
spondents regarded the meeting as
one of the best kept secrets of all
time. Virtually the entire war
staffs of both nations participated
in the dramatic Today discussions
which ended with a press confer
ence. But the presidential air voy-
age was shrouded in such secrecy
that even some cabinet members
did not know Mr. Roosevelt was
out Of town.
No one doubted but that further
important developments would
stem from the meeting. One of the
most widespread predictions is
that the North Africa-Mediter-
ranean area will soon be organized
into a separate theater of opera
tions. Thus far the United States
forces in that area have been part
Of the European theater. Separa-
tion of Africa and the Mediter-
ranean Basin from the European
theater might we'll be an important
factor in the Allied offensive cam
paigns Of the year.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
ARGUMENT.
Gets an Airing

For weeks Washington has re-
ports of unannounced differences
of opinion between Rubber Adj
ministrator William Jeffers and
other government and military of
ficials over priorities for the syn
thetic rubber program. Finally the
dispute was brought into the open
when Jeffers, in a Baltimore adj
dress, lashed out at army and navy
expediters in war plants.
Congress decided to investigate
his charges and Donald Nelson,
war production chief, admitted the
fact that a tiff in government
ranks had resulted over this issue.
Most Washington sources knew
that President Roosevelt would be
required to step in as arbiter in
the dispute.
The quarrel centers around steel
priorities for synthetic rubber
plants. Army and navy officials
believe that these plants should be
buiit only in direct relation to the
military needs of steel for the pro-
duction of such items as high
octane gasoline, airplanes, escort
vessels and merchant ships. JEFF
fers contended that the production
efforts could be worked out in
conjunction with one another and
without hampering progress IN his
synthetic rubber program
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
REVOLT:

That Frances spark of inde-
pendence has not been extin-
guished completely by the cold
brutality of Naziism was proved
when angry Frenchmen fortified
their homes in the old port district
of Marseilles, firing on German
soldiers who ordered them to eva
cuate the district. German authori.
ties had ordered the evacuation ap-
parently as defense measure
against possible invasion from
North Africa The move was made
after Nazi officials brought up
tanks, field guns and infantry.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05

SAVING: Maintenance of the
Office of Price Administration has
cost each American only 80 cents
during the past year, but has
saved each citizen $3.50 during the
same period, Chester X. Hayes, of
the Chicago regional office of the
0PA, said. One of his examples:
consumers are paying only seven
cents pound for sugar whereas
they paid 25 cents during the last
war.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05

day after Edward r. Stettinius,
Jr. lend-lease administrator, re-
ported to congress on how the
eight billion dollar distribution of
aid was made to our Allies under
terms of the program from March
II, 1941, to the end of 1912.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
TRANSPORTATION: Josenh

Eastman, director of defense trans
portation, has called upon taxicab
and bus companies to prepare
plans Immediately for mileage cur
tailment in case of emergency, He
has requested operators of 10 or
more vehicles to submit three
plans: For elimination of 10, 20
and 30 per cent of all presently
operated vehicle miles.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
Frenchmen Meet

One of the most important
achievements Of the conference
was the bringing about of a meet
ing between Gen. Charles de Gaulle
and Gen. Henri Giraud. Those
leaders Of the Fighting French
and French Africa announced that
they were in complete agreement
regarding the liberation of their
homeland. But it was regrettably
clear that any merging of the two
movements or any political alli-
ance between them was far from
being realized.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
DRAFT:
In Reverse

A heartening promise that after
the war the army will do its ut
most "to see that no man is mus
tered out of military ranks into a
breadline" has been made to the
nation by Undersecretary of War
Robert P. Patterson.
Speaking in Chicago, Patterson
advocated postwar selective
service system "in reverse" to
function as job placement agen-
cy, He explained that war depart
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05

ment records catalog each man ac-
cording to occupation and the de-
mobilization plan would be to in
form men about to leave the army
of job opportunities in their own
fialdS
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
WEEKLY NEWS ANALYSIS

New United Nations Attacks Predicted
AsLeaders Determine Grand Strategy;
Frenchmen Reach Military Accord;
Push Germans Out of Russia: Stain
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05
RATIONINC.
Limit Set

With the beginning of rationing
but a few weeks away the Office
of Price Administration estab-
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05

EDITORS opinions those
Of
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1943-02-05

The 66th annual convention of the American
Association will be held in New York February
theme will be extension of the
mills shipping the pulp
which used directly indirectly for explosives
of required for military registrations blue prints
bonds shell books maps raonng
books backou Pictures show making paper
Wisconsin (beow) Maine paper
making.