davidaulloa/AmericanStories huggingface dataset:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1943-03-27

Governor Sam Ford pro-
tested to OPA against Limitation of
two pounds of meat weekly for Mon
tana miners, farmers and mill men
who need more nutrition, he said.
Evening star., 1943-05-30
United States Treasury Position
Civilian Textile Supplies
Continue 10 DwindIe
BY the Associated Press.

BY me ASSOC lated Press.
NEW YORK, May 29.-More talk
of ALLEGATION of textiles to civilian
buyers developed in trade circles this
week as brokers found goods even
scarcer than last week, when Gov
ernment awards were heavier.
Some observers fatty predicted an
ALLEGATION plan would set aside a
definite percentage of available
goods for civilian use. Buyers at
tempting to line up commitments for
fall lines reported difficulty.
Mills during the week released
some small lots of print cloths and
sheetings on priority orders in ad-
dition to materials for lease lend
Otherwise they ignored new orders.
Uncertainties over labor, price
policies and mill schedules tended
to restrict activity.
Woolen goods transactions picked
up slightly, although mills operated
largely on recent Government orders.
Demand was strong, particularly for
womens wear lines. but deliveries
were spotty. Efforts were reported
under way to increase production in
line with Government suggestions
and there was some talk of new wool
allotments.
Scarcity of goods continued as the
chief factor in rayon goods. An
acute shortage of Innings posed
problem for the clothing trades in
working on fall schedules.
Evening star., 1943-05-30
Maryland Tobacco SoIes

Sales were held on the auction tobacco
markets, Of Southern Maryland on Tues
day and Thursday of this week and an
estimated o,250,00O pounds of tobacco
moved over the floor. It is expected that
handling facilities will continue blocked
during the next week and sales will be
continued on Monday and Thursday
basis until the situation improves Due to
seasonal conditions it will be necessary
other farm work and deliveries of tobacco
should drop OF accordingly making it pos
slole for daily sales to be resumed.
The United States Department of Agri-
culture reports that frst-hand producers
amounted to 2,39O,156 pounds. avera ging
seasons total to 3.7aa.55o, with an
average of S4sss per hundred
During the current week. grade prices
showed gains of approximately S" a hun
dred on practically all of the medium
and better qualities. Extreme low grades
were steady. The general quality of the
sales improved somewhat as some of the
better crops were being delivered to the
markets.
Approximate ranges on limited num-
ber Of representative United states grades
follow:
Heavy crop: Good quality light red,
$50 to Sol; fair quality light red, S5s to
$50: low quality. green, S35 to S43.
TIPS: Fair quality, medium to dark
Thin crop; Good quality. light red. $50
to SOL; good quality, medium to dark red
$50 to SOL fair quality. medium to dark
seconds: Good quality, medium to dark
red S5T to $40
Evening star., 1943-05-30
Rye Futures Soar
More Than 2Cents
In Brisk Tradinq
Prices at New Peaks
Since 1887; Wheat
Joins Advance
By WILLIAM FERRIS.


CHICAGO, May %. - Rye today
closed week which saw trading in
the grain expand to record levels
with a squirt of more than cents
as persistent commission house buy
ing absorbed all profit taking and
pushed closing prices to new peaks
since 1887. 1t was an active trade
featured by the December contract s
crossing the $100 line.
The strength in rye was reflected
in wheat and oats, and substantial
advances were scored in both pits.
The bread cereal was up more than
a cent at one time but some even
ing-up transactions at the close. in
view of the forthcoming holiday,
dropped prices from their peaks.
Oats ran into realizing sales.
At the finish wheat was sa-7a
higher, July sl44 3s-4, September
sl.44 7s-a4, corn was unchanged,
July $l.O5, oats were up 3s-11s and
rye was ahead "a -25s.
A report that the l943 rye loan
rate, which is scheduled for an
nouncement next week, would be
IS cents bushel, or Is cents above
the 1912 loan, brought the initial
buying into the rye pit Traders said
they expected the loan to have q
decided influence as a price making
factor. Late selling caused only a
small decline from the days peaks.
Some of the buying in wheat was
credited to houses with Northwest
ern connections. Reports from New
York said flour mills have been
asked by lease-lend authorities to
submit offers on approximately
100000 barrels of Pacific Coast
wheat flour. The offerings are to be
opened June 4. The 1943 wheat
loan is also due for announcement
next week.
Corn remained UNCHANGED with
ceilings bid for all contrats. Trading
In the cash market was at a stand
still.
Grain range at principal markets
today:
Evening star., 1943-05-30
Hog Prices Turn Downward
As Receipts Rise Sharply
BY the Associated Press.

6y the Associated Press.
CHICAGO. May 29.-Farmers be-
gan moving their hogs to market in
substantial numbers this week in
Chicago and other principal trading
centers and prices here moved down
ward to the lowest level in five
months.
The top price dropped to $143O
per hundredweight Thursday. and
the average price fell to $1419, the
lowest since last December 18. After
four heavy days, receipts fell off
somewhat Friday and the price
moved up slightly to S14.4O top.
compared with $14.6O a week ago
Friday.
Salable hog receipts in II leading
markets for the first five days this
week totaled 384.500, compared with
331 500 a week ago, and 297,300 for
the same period year ago. Chi
cago salable receipts in the same
period were 72,400 head, compared
with $4,000 last week and 50,221 a
year ago.
Receipts normally start to climb
at this time, traders said, because
the heavy June runs" of hogs begin
to arrive on the market. Last falls
hogs begin to mature at this season.
they explained. The increase over
the season a year ago, they added,
reflects the much larger number of
hogs on the farm this year than
last,
Evening star., 1943-05-30
Copper Firms Worried
By Labor Shortages
BY the Associated Press.

by LHe Associated PRESS.
NEW YORK, May 29-ManpoWer
troubles are cropping up again in
the copper mining districts, trade
reports said today.
Workmen continue drifting from
mining to higher paying munitions
plant jobs, while the Army draft
calls and the booming baek-to- the
farm movement have further drained
the areas.
Right now, these sources say, 5000
to 1000 more workers are needed to
keep output at current high levels.
The War Production Board has
asked for a report on the number
lost to armed forces last year and
this year to date. and it is under
stood the data may be submitted to
the Army in hope another fur
Tough" for experienced miners may
give some relief.
Evening star., 1943-05-30

branches. with others being ar
ranged. The offices are particularly
useful in the cashing of checks on
paydays, but they render much other
valuable service.
Alexander j. FAINT. an assistant
secretary, will be manager of the
Boiling Field Office, Mr.. Baird said
He has been with the bank for many
years.
The only other Office of the kind
now in operation in the District Is
conducted by the McLachlen Bank
for the officers and personnel OF the
Quartermaster Corps. A Richmond
bank maintains a very large Office
IN the Pentagon Building.
Ofstrom Joins Morgan Staff.
Albert L. Ofstrom, former statisti-
clan In the research and analysis
section of the Office of Defense
Transportation, has become asso-
eiated with the Washington Office
of the Mutual Life Insurance Com
pany OF New York, Manager Thomas
P. Morgan, jr., announced yesterday
Mr.. Ofstrom was educated at Murray
Hill School, Hobart College, and has
degree from the Georgetown Uni
versity School of Foreign Service.
Railway Units Extra Active.
Dealers reported yesterday that
washington Railway e. Electric
units were the most active securities
sold over the counter during the
month now ending. They closed the
month with l314 bid and 14a4 asked
There was good demand for
National Press Building 412s during
the month, the final bid being So
up slightly. Washington Properties
rs also enjoyed considerable activity,
many sales being made around IS
Gas Stock at 1943 Peak.
On the New York Stock Exchange
Friday, Washington Gas Light com
mon was among the 95 stocks which
made new high marks for the year
The stock stood at 2O1a.
TaOn the Washington exchange
Garfinckel common and American
Security & Trust Co. stocks sold al
the years best prices in the week
Evening star., 1943-05-30
Stock Leaders Extend
Rise After Early
Profit Taking
Fuvored Issues Show
Gains Of Fractions
To 81 or More
WHAT STOCKS DID.
Sat. Fri
Advances - 434 35S
Declines --- 141 308
UNCHANGED - 2l3 235
Total issues ---- 7sS 9O1

BY the Associated Press.
NEW YORK, May 29.-The stock
market today finished a good week
and one of the best months in sev-
eral years with favored issues push
ing up fractions to more than a
point to peak levels since early 1910
on expanding volume.
The list had to overcome lot of
profit taking at the start but this was
accomplished without much difficulty
and more short covering for the
lengthy holiday added fuel to the
rise which attained its full momen-
tum in the final hour. Closing quo
tations were at or near the days
tops for popular performers in the
peace category.
While boardrooms were more or
less deserted, commission houses re-
ported Wide-scale orders from out
OF town. Activity was aided by
blocks of low-prjced issues running
to 10000 shares for Commonwealth
& Southern which ended at FRIDAYS
figure of 81. Many local customers
left Wall Street yesterday to remain
away until Tuesday. Principal ex-
changes will recess Memorial Day.
Average Up Slightly.
The Associated Press 6O-stock
average was up 04 of point at So.
the first time the composite has
touched this mark since January 4.
1910. On the month 1t showed a
net advance Of 26 points. Transfers
totaled BIS, 900 shares against 433 $50
week ago.
The upswing of the week and
month was attributed mainly to
pressure of idle funds seeking en-
ployment, persistence of war opti-
mlsm which especially aided stocks
OF companies that may benefit from
the conclusion of the world conflict
and a mild revival of imitation
psychology.
Prominent gamers today, many
In the new high" division, included
united States Steel. Chrysler, United
States Rubber, Goodrich, Mont
gomery Ward, Sears Roebuck, Amer
lean Telephone, Allied Chemical.
Johns-Manvllle, Pittston Co., R-K-O,
Reynolds Tobacco b" Commercial
Investment Trust, Loew's, Liggett &
Myers B." United Aircraft. Santa
Fe. New York Central and Du Pont.
The wage increases granted soft
coal miners and for incorporating
railway workers during the week
spurred imitation ideas to some ex-
tent, but failed to injure carrier Sc
curities. The agreement on the new
pay-as-you-go tax bill by Congress
committees was viewed construc-
lively, as was the announcement of
the new "Ofice of War Mobiliza-
tion.' Earnings and dividends
buoyed individual stocks.
Rail Bonds Improve,
The approaching holiday tended
to reduce trading interest in the
bond market, but despite small
volume prices were fairly steadyiand
some rail loans advanced to new
highs for the year.
There was little activity in foreign
issues and prices were irregular,
United States Governments were
quiet and steady.
Transactions totaled s5,566 900
against $5,606,500 the previous Sat-
urday.
Evening star., 1943-05-30
81 Per Cert Of War Orders
Spread 10 Subcontractors
BY the Associated Press.

NEW YORK, May 2e.-American
companies holding the bulk OF war
orders have passed on 81 per cent Of
the dollar value Of such orders to
subcontractors and supply firms. ac--
cording to survey reported today
by the National Association of Man.
ufacturers.
Out of the 251 principal firms
holding war contracts, 100 replied in
full to a QUESTIONABLE designed to
break down the dollar volume of
such contracts, the NAM report said.
During the calendar year l942
these 100 companies reported con-
tracts with an aggregate value OF
SIG, 1872 064, 1894. OF this amount,
NAM said, s13,459, ,759 07O was dis
tributed to other companies.
The total number of subcontrac-
tors, vendors and suppliers receiving
orders from the 100 firms in 48
States was 140,424, the report said,
and the total undistributed busi-
ness on war contracts totaled
Sl2,732. .3O5 .324-
Evening star., 1943-05-30
New Contracts Authorized
By Defense Plant Corn.
y the Associated Press.
BY the Associated Press


The Reconstruction Finance Corp
announced yesterday the Defense
Plant Corp. had authorized the fol-
lowing contracts:
With the Jacobs Aircraft Engine
Co., Pottstown, Pa, to provide ad-
ditional facilities for Pennsylvania
plant, costing s625, 900, making a
total commitment of about $22,-
100000.
With the A. J. Miller Co., Belle
fontaine. Ohio, to provide equipment
and machinery at an Ohio plant at
a cost of $4,000.
With Eastman Kodak Co., Roches-
ter, N. Y, to provide additional
equipment at a New York plant at
cost of $4,000, resulting in an
overall commitment of $425OOO.
With American Export Airlines
Inc. New York City, to provide
additional facilities in New York
State at cost of S25 900, resulting
in an overall commitment of ap-
proximately $1,100,000.
Evening star., 1943-05-30

be a return engagement, as he ad-
dressed the financiers at their fall
meeting last October.
;, A native of California, he is a
graduate of the University of Cali
fornia, taught economics there. was
an artillery officer in World War I
and at one time was executive sec
tetary of the San Francisco Stock
Exchange. After the war he re-
manned in France and got degree
from the University of Paris. He is
q brilliant speaker.
Preston Delano, controller of the
currency, and Hugh Leach, president
OF the Federal Reserve Bank of
Richmond, will also appear on the
program. Reservations indicate a
very large attendance.
Bank Office at Boiling Field.
The National Savings & Trust Co.,
at the request of the Treasury De-
partment, will open an Office at Boil
Ing Field in about two weeks, Bruce
Evening star., 1943-05-30
ONLY 81
Can Make You
A Wiser Investor

If you are tired of bungline-
your investments, send only 81
for all this: (a) our next three masa.
zines, including Annual Pubic Utility
Review June issue), (b) pocket
manual with ratings and vital data on
500 stocks, (c) 10 Good Stocks at
Less Than Half Their 1887 Highs"
(d) What to Do About Inhation,"
(e) "l0.Year Dividend Honor Roll
l933.l942)," (N Stocks 20 to 10
Graded (D, (2) or (3) As to Outlook"
and (s) rs Stocks With OUTSTANDING
Outlook" Return "ad' and 81 for all
above. If you ALSO wish valuable
Investment Advice Privilege, send SIS
for yearly subscription. or $3.50 for
six months. Don't miss IS Stocks Be.
hind Market in our June ? issue.
FINANCIAL WORLD
S6-rM Trinity Place New York
Evening star., 1943-05-30
Humble Oil Increases
Price in Texas Field
By the Associated Press,

by Inc ASSOClateQ Press.
HOUSTON, Tex, May 29.-The
Humble Oil & Refining Co. today
announced a new price sched-
ule for the Talco field in East Texas
retroactive to May %, and in ac-
cordance with an OPA bulletin Fri
day raising the maximum price
ceiling.
The announcement said the
Humble would pay 30 cents per
barrel for oil below 20 gravity, with
a 2-cent differential upward for
each degree of gravity to 80 cents
for Is gravity and above. The pre-
vious price has been 70 cents fiat.
Evening star., 1943-05-30
Foreign Exchange

NEW YORK, May % lPI.-Closine for
eign exchange rates follow Great Britain
in dollars, others in cents:
Canada-Ofhcial Canadian Control
Board rates for United States dollars: Buy
lng 10 per cent premium; selling. IL per
cent premium. equivalent to discounts on
Canadian dollars in New York of buying,
9.91 per cent; selling, 9.O9 per cent
Canadian dollar in New York open mar
ket, 81. per cent discount. or 90.12la
United States cents
Europe-Great Britain Official Bank
ers Foreign Exchange Committee rates):
Buying, S4.02 selling, 81 O4.
Latin America-Argentina, oficial
29.U: free. 25.25; Brazil official 6O5n;
free. 5.3On; Mexico, 2O.65n
Rates in spot cables unless otherwise
indicated.
Nominal
Evening star., 1943-05-30

Baird, president,
announced yes
terday.
The office will
provide the same
banking facili-
ties for the Army
p e r S o n n e ,
at Boiling Field
that are being
supplied by other
banks at many
Army posts.
The Treasury
reported tina t
there are now
100 Of these
A m " r q m n
Evening star., 1943-05-30
Cotton Futures Up
10 10 Is Cents al
Session Close
Increased Price Fixing
And Short Covering
Bolster Market
BY the Associated Press.

BY the Associated Press.
NEW YORK, May 29.-Increased
trade price fixing and short cover
ing inspired by the coming holiday
put cotton futures prices up a little
near the close today.
Final quotations were 10 to Is
cents bale higher.
New Orleans was a buyer of late
positions and there was considerable
switching from July to later months.
lhe desire of shorts to even up
contracts was based on possible over
holiday developments affecting the
raw cotton price structure.
The range of f,1t,1rac.
Evening star., 1943-05-30

Ao Va ASo $oAAASA y
Association, to
be held at the
Mayhower Ho-
tel next Friday
and Saturday,
President John
A. Reilly an
nounced yester-
day.
DR.. Cadman
will speak Fri
day evening on
the su b j e c t,
Postwar Inter-
national Finance
Calls for Cam
- ~
Evening star., 1943-05-30

Corp. declared quarterly dividend
OF IS cents a common share, pay
able July to holders of record
June 10.
Petroleum Corp. Of America de-
clared a dividend of 20 cents a.
share on capital stock, payable
June Is to holders of record June 10
The Bank Of Montreal elected D.
c. Coleman, president and chairman
OF the Canadian Pacific Railway Co.
to its Board of Directors.
Evening star., 1943-05-30

New Orleans Prices
NEW ORLEANS, May % P,-Week-end
short coverings advanced the cotton fu-
lures here today. Closing prices were
steady, 5 TO 20 cents bale higher
Evening star., 1943-05-30

New orleans spot cotton closed steady.
UNCLAIMED; !, sales - low, middhns.
2l.3 receipts. 2s6; stocks Is9.22O
Average price of middling I:-inch cot
ton today at 10 designated Southern spot
markets was 2l.21.
b Bid. n Nominal
Evening star., 1943-05-30
Odd-lot Declines

PHnADEI,PHIA, May 90 F.-The Sc
cu[ities tnd Exchange Commission re-
ported today these transaetions by Gus
TONERS with odd-lot dealers or specialists
on the New York Stock Exchsrsse for
Nay ee: 3,3o7 purchases, inycivinr "a .1s3
Snsrsss, ; ineMdins 1s short sales. invoiv-
Evening star., 1943-05-30

Bankers to Hear DIR. Cadman.
DR.. Paul F. Cadman, economist of
the American Bankers Association,
will be one of the principal speakers
at the 25th annual meeting of the
Evening star., 1943-05-30
Capital Securities
(Oyer the Counterl

oratas Inc ;, following nominal bid and asked
over the counter as Of Friday have been
assembled for, The Star by Washing gton
mempers Of the National Association Of
Evening star., 1943-05-30
Dividends Announced

NEW, YORK, May % UP,.-Dividends
declared:
Accumulated.
Pc Stk of Pay
Rate. riod. record. able
Amer Tissue NJ pf Sl.75 - 5-25 6-1
Nat Supply Co S. Of SOC - 6-1s $40
20 20 55aC pf --- 50 12h 6-lss $50
Initial.
Central Me Pow 12h2c - 6-1
Increased.
Dresser Mfg 81 s 6-S 6-1s
Irregular.
Amer Euka -S 81 - So 5-24
Amer Felt Co -----S1 - 6-l 6-12
Regular.
Alleg Lud Steel -35c - 6-1O $40
Baldwin Co -2Oc - 6-19 6-25
Init Min g. Chem SOC - 6-1S $50
MeSSer Oil Corp---2Oc - 6-1 $40
Scovile Mfg --5Oc - 6-15 $50
United Carbon -T5c - 6-15 Fl
U. s. Potash Co--5Oc GA 6-25
Westmoreland Inc Pic @ 6-15 II
Westmoreland Coal - 81 6-5 615
Evening star., 1943-05-30
Washington Stock Exchonqe

tRpoted BY B. D
ON
I
Evening star., 1943-05-30

MARKET AVERAGESSocks and bonds moved into higher
ground in the last while commodities held unchanged
shown the above Associated chart
56 from SOB in the preceding week. bonds to GIL from
9O6 and commodities held at 1862
Evening star., 1943-05-30
Corporation Eurninos

NEW YORK, May % fP.-Corporatjon
earnings statements released during the
common stock, included
0MaYfAr
Evening star., 1943-05-30
D. {. CIearings Set
:Records for MAY
And Five Months
as-
2;
$l56,859,490 Monthly
;. Total Fails to Equal
Peak in April
BY EDWARD C. STONE.

= Bank clearings in Washington in
May set a new record for that month
and made the total for the first five
months Of this year the highest for
that period in the history of the
Clearing House Association, Manager
George H. Bright announced yester-
day.
May Cancelled checks totaIed $751;
85s, ,490.0S, against $155 1892 ,07452 in
May. 1912, an increase of $2,967,-
41556. Clearings In the five months
eregistered a gain of s10,216,5l3.o5
sover the like 1912 period. $787 OPT ,469
comparing with $776,8lo,955.95 a year
ago.
3. The gain of practically $4,000, 1000
In the May clearings was ascribed
yesterday by bankers as due to the
continuing boom conditions due to
the war and to record War bond
purchases. There was a letdown
from the preceding month, however,
when clearings of $179,811, ,746 were
the heaviest for any month in the
history of the Capital.
Clearings got away to a poor start
In January, but have been doing
better ever since. Comparisons, by
months. with last year show the
change in trend:
Evening star., 1943-05-30

ChicaEo Cash Market.
Wheat was s4-l cent higher: basis un-
chansed; no shipping sales: no bookings;
secelpts, S6 cars. Corn was unchanged
pass UNCHANGED: shippins sales, 10000
bushels; bookings, 10000 bushels; re-
Selpts III cars. Oats were III cent
hlgner: basis hrm; shipping sales 25 900
bushels: bookings, 10000 bushels; re-
ceipts, 3 cars
Evening star., 1943-05-30
New York Bunk Stocks

NEW YORK. May % LP-Nationsl
Association Of Securities Dealers, Inc:
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1939-1949, 1943-08-26

of water, 212 degrees F., is not
sufficient heat to kill dangerous
bacteria in a reasonable time in
beans, peas, corn, and other non
acid vegetables and meat.
The use of chemical preserva-
tives such 4 as salicylic acid, So
dunn benzoate and other "can-
ming powers" is dangerous in home
canning any kind of food. Can
ming powers" include boric acid
and its compounds and substanc-
es like metabisulpite which give
off sulfur dioxide when placed in
an acid-reacting product. Boric
acid and its compounds are toxic
Sulfites and sulfur dioxide destroy
vitamin B. rapidly and COM
pletely.
Chemical preservatives are I'm
satisfactory substitutes for heat
treatment. Experiments have
proved that they cannot be count
ed on for preventing the produc-
ton of the deadly taxin of the
botulism germ.
Homemakers are warned to rely
only on tested and approved heat
sterilization methods of home can.
ming.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1939-1949, 1943-08-26
Birdwells Sell Ranch
Move to ROsalia
(Too late for last week.

Finley MIR. and Mrs. j. H.
Birdwel have sold their ranch
and expect to move about October
1st to Rosalia, where they have
purchased acreage.
MIR. and Mrs. E. Sherry were
dinner visitors Sunday of MIR.
and Mrs. Fred Falque.
Louise and Margin Laudell, Eva
Rose Num- and Gladys Mae Ash
visited the Misses Betty and Clara
Gerber Wednesday evening.
Walter Hughes of Pasco visited
his mother Mrs. Irene Hughes and
family Monday;
MIR. and Mrs. Harry Beathe
visited Mr.. and Mrs. H. H. Bowers
Tuesday.
MIR. and Mrs. Frank SCHNEIDER
and daughter Sylvia visited Mr.
and Mrs. Carl Walk Tuesday.
MIR. and Mrs. John Fredericks
and Henry Turner were visitors
Sunday of Mr.. and Mrs. Stanley
Cochran. 4 .S .1z-: =.
MIR. and Mrs. Vern Davis anc
children Betty, Shirley, June anc
Ronnie of Haley, Idaho, left las
week having visited Mrs. Davis
parents, MIR. and Mrs. H. H. Bow.