davidaulloa/AmericanStories huggingface dataset:
Evening star., 1944-10-26
N. Y. Bond Market
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Evening star., 1944-10-26
Stock Losses Ranqe
To Point or More
In Late Selling
BY VICTOR EUBANK,
Associated Press Financial Writer

NEW YORK, Oct. 26.-Leading
stocks ran into relatively heavy SELL
ing near the final hour of today
market and losses running to a point
or more were widespread.
Scattered specialties did fairly
we'll in the forenoon and declines
mostly were in small fractions. The
ticker tape loafed until shortly after
l O'Clock when burst of liquidation
hit virtually all departments and
speeded up the ticker tape for a
while. Dealings then slackened a
bit but few comebacks were in evil
dence near the close. Transfers
were in the neighborhood of 00,00O
shares.
Reasons for the relapse varied
Wall Street was greatly cheered by
the big Pacific victory although the
smash at the Nipponese Navy chilled
the investment urge on the idea
the way may have been Shortened
by many months, with the conse-
quent accentuation of industrial re-
conversion problems at home. Elec-
ton developments provided nothing
particularly inspiring. Accounts
were unloaded here and there due to
the belief the marekt continued to
look bad technically.
General Motors and Chrysler
again were among the softest spots
Prominent on the retreat were
United States Steel, United States
Rubber, Sears, Roebuck; Southern
Pacific, New York Central, Douglas
Aircraft, Allied Chemical, Kennecott
and international Harvester. An ex-
ceptlon was Texas Pacific Land
Trust, which scored another 1914
high.
Evening star., 1944-10-26
Chicago Livestock

CHICAGO, Oct 26 LFi (WFA).-Salable
hoss. 5000; total. $4,000: fairly active,
steady on all wsishts' good and choice 100
24o pounds 1873: weights under $50
pounds scarce: good and choice hogs over
40 pounds and sows. 14.00; complete
Salatle cattle, 4, 900: total, 900: salable
calves, 500: total, SOC; coed and choice fed
steers nrm; common and medium grades
steady but slew: top, 1928, for slight
steers: bulk, 13.50-17.50. heifers mostly
steady; best. 1880; common and medium
neifers scarce at S.00-13.00 cows less
active, mostly steady to weak: bulls Arm,
Welghty sausage offerings to IL .65: vealers
steady to weak at 1900: weighty calves
weak at 10.00-12 60 on slaughter account:
STOCK steers steady, mainly 11.O0-1325
Salable sheep, $500; total, 10000: late
wednesday: Market weak to 25 cents
lower; good and choice slaughter lambs,
u 20 lao: bucks 100 less: others down
to 3 90: according to grade: bulk fat ewes,
4 oO-5.5o: best natives. $50, and best
Westerns, 5.S5. Today's trade: Slaughter
classes classes slow: steady to weak; good and
good, I2;5o-13:75: other good and Choice
lambs held above ! 400, with one load good
and choice shorn lambs held above i3 IS:
three decks common to medium Dakota
ewes carrying small good top. 500
straisht: bidding $50 down on most
natives,
Evening star., 1944-10-26
DeIano BeginsSevent
Year as Controller;
Praised by Bankers
By EDWARD C.. STONE.


Preston Delsno, controller of tn,
currency. has just started his sew
enth year in ONCE. Appointed b,
President Roosevelt in the fall o
1888 to succeed j. F. T. O'Connor
he has served during an unusually
critical period in banking ane
finance due to the war. In the opin.
ion Of Washington bankers he ha!
met difficult situations with marked
ability and fairness.
Mr.. Delano was governor of the
Federal Home Loan Bank System
when named controller of the cur.
rency. Under his guidance, the
Home Loan Bank System had beer
greatly expanded. A native of Mich
igan, student at Harvard and grad
uate of Stanford, he has been con-
nected with finance most of his life
For a time he was manager Of a
small railroad in Oregon and served
as a captain in France for 18 months
In World War I.
AS controller, he has always fos-
tered strong spirit Of cooperation
with the banks and between the
banks and building and loan asso-
Citations. Mr.. Delano said yesterday
he expects to see all these institu-
tions make great many loans tc
war veterans under the CT Serv.
ice Act.
Special Speakers Announced.
Members OF the Executive Com
mittee, District Building and Loar
Association, have completed plans
for the annual dinner and election
of officers, next Tuesday evening al
the Mayfower Hotel. The slate will
be presented by Edward X. Jones
chairman of the Nominating Com
mittee.
Clarence E. Kefauver, president
announced today that Jack Vino
cour. head of the British Informa-
ton Service here, will speak on
England in the sixth year of the
war, and Arthur G. Deane, chief
Business Loans Division, Veterans
Administration, will explain the
part building and loan associations
will play in making GI Bill OF
Rights loans to veterans.
An informal reception will pre-
cede the dinner and business session.
It is understood Mr.. Kefauver will
be asked to head the league for
another year.
B. g. 0. Net Income.
Net income of the Baltimore &
Ohio R. r. of 81 ,528,112 for Septem-
Der was $1,053,197 under September,
1943. September gross. was up 81
675,615 and expenses increased by
s3.45O911 to $23,851 ,693.
Net income for the nine months
of 1914, after charges, totaled s18,-
1925, a decrease from the like
lo43 period of Sl4,852,9 ,985, due to
lower freight rates put into effect in
May year ago, higher wages and
fuel costs. In the nine months
freight revenues showed S13 900, ITO
gain and passenger revenues
$9,341,416.
Bond Drive Committees Named.
For the Sixth War Loan Drive, w.
Randolph Burgess will act as chair
man of the ABA special committee
on Treasury war borrowing, and
Robert V. Fleming, president, Riggs
National, will be vice chairman, it
was announced today. Mr.. Fleming
also is a member of the associations
subcommittee on War Bond drives,
announced today.
Thomas j. Groom, president, Bank
of Commerce & Savings, has been
named ABA chairman for Washing
ton; F. Ross Myers, Frederick, for
Maryland, and w. A. Roper, Rich
mond, for Virginia.
Evening star., 1944-10-26
Market AVERAGES
New York Cotton

NEW YORK, Oct. % 6T.-Commission
house profit taking. induced by the ad-
vance in prices during the previous two
sessions and light hedging, lent a heavy
tone to cotton futures today. Offerings
local covering.
Volume of trading was restricted re-
Meeting uncertainty over the Government
program involving purchase of cotton at
parity and the export subsidy plan
Late afternoon values were 20 to As cents
e bale lower: December, 21.66: March,
21.79, and May, 217S
Evening star., 1944-10-26
Chicago Grain

CHICAGO, Oct 20 R-A raid-session
raiiy m grain futures failed to hold today
and prices moved into new low ground
near the close. LIQUIDATION was attributed
70 favorable war news and to profit taking
in all pits
Leading longs were persistent sellers
81 rye and commission house which
frequently acts for eastern Interests of
Iered large quantities for May and July
wheat prices were down nearly cent
ana the trade was light A Commission
mouse aoia wlth southwestern cash connections
taek JACK 81 demand had been conspicuous
Lower corn prices were the result of
hedge selling and an increase in countTy
oherines. Local longs liquidated on the
-, At the close wheat was ss to o., lower
than Yesterdays finish. December, / 6:}7s
Sofh was on IS to 2i4, December. LIS.
OetS were q to ! lower. December
ho12- 20 RYE was down lss to . Decem-
Per, - %, IL Barley was off % to ss
Evening star., 1944-10-26
Approximate saiss ToIs.

| l 100 am. 121 $50 1900 noon 25e 400
100 ON. 3So 600 900 ON. 526 $40
tUnit Of trading 10 shares; sales printed
in iull. r In bankruptcy or receivership or
being reorganized under Bankruptcy Act
Rates Of dividends in the foreeoin9 table
are annual disbursements based on last
quarterly or semi-annual declaration. IN
less otherwise noted special Or extra diyi-
dends are not included. xEx dividend
xr Ex rights. q Also extra or extras Cash
or stock Declared Or paid 20 far thia
B PAYABLE in Canadian funds. Accumu.
lated dividends paid or declared this year
Evening star., 1944-10-26
Washington Exchange

WasahSinston Gas So pfd.-1O at 1os, 5 at
Washington Gas common-1O at o4s. 10
al "a =, 100 at 2424 80 at 241.
Wash1nston Railway g. Electric pfd-5 at
l193s. ~
Evening star., 1944-10-26
THE EVENING STAR, Washington, D. c. ass A-19
Odd-Lot Declines

PHILADELPHIA, Oct 20 R,.-The Sc
curities Commission reported today these
dealers or. specialists on the New York
Stock Exchange for October IS: 2,l3n
sales involving 66109 shares Including
2S short sales involving l,075 shares.
Evening star., 1944-10-26
Railroad Eorninos

NEW YORK. Oct 26 (Specian Net
operating incomes of railroads REPORTING
To-Day Tor the hrst nine months Of 1914
period. " '"Aiie Ito
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
POINTS ON SOME
FOODS ARE RAISED

(Continued from Page One)
These point values are higher
not because of a change in the
supply picture of commodities re-
naming under the rationing, but
because of the removal from ra-
tioning of nearly all vegetables,
special products and fruit spreads.
''The war food administrations
ALLEGATION of processed foods still
rationed has not changed. What
has changed is the point purchas-
ing power
Under the new setup housewives
will continue to get so blue points
month. 7
Red point values upon meats,
butter and dairy products are un-
spaghetti dinners, formerly on the
cpaghetti dinners, formerly on the
processed food chart, are being
shifted to the red point chart,
with a one-point value for car
tons containing from one to one
and one half ounces Of grated
cheese.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
ASHE MEN ARE .
KILLED IN ACTION 4

CONTINUED tro,%a Page One)
Department. S-Sgt. Grogan has
been in service for over two years
and overseas for a year.
His brother, Pfc. Ellis D. Gro
gan, died in hospital in England
on August 4, after being injured
in France on July 6.
Mrs. J. T. Wagg, of Grassy
Creek, has been notified that her
nephew, Pvt. Harold L. Lane, was
killed in action in France on Au-
gust 18. He was the son of Mrs.
Viola Lane and the late c. G.
Lane, of Athens, w. Va, and en-
tered service in May, 1912. Pvt.
Lane is survived by three brothers
who are also in service. They
are Charles E. Lane, Ralph Lane
and Roy Lane.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
DURHAM DOCTOR
LAUDS DIR. REEVES

Continued from Page One)
bear up the commerce of an en-
pire.
after long life of service to
his fellowmen and with a con-
science clear of all guile, he fell
asleep with, the assurance of a
hearty welcome in the realms of
the Beyond, and possibly this
was well, for he had worn out the
robust form and maybe few
more years would have been
racked with pain and his FESTIVE
spirit would have fretted because
the feeble body could not have
done the work that he so much
wanted to do.
81 like to think that as his bark
floated down the river of time
through the grasp of death to
eternity's wordless and silent sea,
that there was waited to his ears
the songs of triumph and peans
of welcome from the celestial
hosts welcoming one of Gods
noblemen home.
Peace to his ashes.
E. H. Bowling, M. D., L. L. D.
Durham, N. c."
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
Need Any Food?

Can anybody use 100000 dozen fresh
eggs? Or 339, 100000 pounds of meat? Or
5O9,OOO,OOO pounds of lard? Or 835,OOO,-
600 pounds of dried peas and beans? Or
billion or so pounds of other miscellaneous
food items?
For in checking over his food supply,
Uncle Sam finds that he has those quanti-
ties of food on hand in his warehouses
and doesn't know what to do with them.
Some of course, will 60 to liberated coun-
tries to keep people from starving while
their own farms are getting back into pro-
duction. Some may be sold to foreign coun-
tries even after the war ends. But as it
looks now, millions of pounds will be left
over without any apparent method of dis
posing of them.
Naturally the government can't sudden
ly release it for consumption in this coun-
try or it would become ruinous competi-
ton for farmers. No one seems to have the
answer to what to do with it. Any sug-
gestions?
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
Working For Peace

Americans have proved conclusively
Nazis and the japanese know that they mis-
calculated badly when they assumed that
our great productive capacity could not be
turned from peacetime pursuits to total
war. All this planning was for destruc-
tive purpose When we have won the war,
we have only DETECTED from us great
danger that threatened to engulf civiliza-
ton and bring back the Dark Ages.
What is needed now is at least equally
able and effective planning to safeguard
peace. Having shown what we as nation
can do to work for victory in war, we must
now learn to work for peace. Eternal vigil
ance is the price of peace, and our failure
to remember this during the period be-
tween the two wars has cost us untold treas
ure and the lives of hundreds of thousands
of our men.
A powerful plea planning for peace is
made by Dr. Edmund Jacobson, director of
the Laboratory for Clinical Physiology of
Chicago, in an unusual book he has just
published, "The Peace We Americans
Need" DR.. Jacobson is physician and a
doctor of philosophy, not politician or an
economist. He is accustomed to dealing
with the painful facts of everyday life and
to advising people how to better them
selves. In his new book, he turns his life
time experience with human motives and
personalities to the present day problems,
analyzing our allies as well as ourselves,
facing dreadful enemies after the war as
well as now.
We agree with DR.. Jacobson's final re-
solve, which he prints at the close of his
book for all Americans in this time of
stress:
II will make friends and we will build
for peace; but with Gods help will rely
on our own strength to keep me free"
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
HemlOck News

Two very interesting services
were held at the community
church at Little Laurel on Sun
day. Rev. Mr.. Phillips and Rev,
Mr.. Reed preached at HOO a. M,
and Rev. Keen Roark at $3.50 p
m.
Several people from this COM
munity attended the singing at
Peak Valley, Sunday afternoon.
Fieldon Osborne and son, Glenn
who have been employed in wy
oming, returned home, Thursday
T. w. Pennington and A. G.
GRAPHICAL accompanied Miss Kate
GRAPHICAL to Banner Elk, Sunday
where she will enter Lees McRae
College for her senior year.
Mr.. and Mrs. Roby Pennington
and Mrs. Polly Pennington visit
ed Mr.. and Mrs. Will Pennington,
Sunday.
Misses Sue and Betty Mock
spent last week with their grand
mother, Mrs. G. w. Rotten, at
Smethport.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
Postwar Employment

American industry, represented by the
National Association of Manufacturers has
pledged itself "to do everything within its
power to produce and distribute better
goods in greater volume at lower prices to
more people, to make opportunity and jobs
available to everyone
Cooperation within industry, to main
tain a high level of peacetime production,
will mean millions of jobs for returning
C. rs and continuing employment for
workers on the home front.
But it must be remembered that, even
in war year 1884, manufacturing employs
only 291 per cent of the workers in this
country. Of the remainder, about 20 per
cent are currently in agriculture. Con-
struction, transportation utilities, trade,
distribution, finance and the So-called
service" industries Exclusive of the armed
forces) account for nearly so per cent of
all jobs
Employment gains in all of these fields
must keep pace with industrial expansion
after the war.
And there is real opportunity for
growth. 1t is not only more and better
washing machines refrigerators and cars
that we want We want increasingly album
dant and nutritious food from our farms,
shops where service is prompt, better laun-
dries, better and cheaper transportation,
finer recreational facilities, able profession
al service.
These things must contribute their share
to the higher standard of living and the full
employment we look for when the war is
won.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
Mill Creek News

Mrs. Rex Mcclure, formerly OF
this community, visited friends
and relatives here, Sunday.
Mr.. Wayne Wilcox, who has
been employed in Maryland for
the past several months, has re-
turned home to attend school.
Mr.. D. Houck, who has been
employed at Coatesville, Pa, for
sometime, spent sometime at his
home this week.
Mr.. and Mrs. E. R. Mikea1, Jr..
of Coatesville, Pa, are spending
several days with their parents
Mr.. and Mrs. Lawrence Houck
of this community, and Mr.. and
Mrs. E. R. Mikeal, at Todd. !
Miss Bette Houck, who has
been making her home in Mary
land, has returned to her home
here for the winter.
Mr.. and Mrs. Charles Scott and
son, Randy, have returned from
Maryland, where Mr.. and Mrs.
Scott have been employed. Mr..
Scott will teach at Jefferson this
wear
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
BRITISH NOW FIGHTING
ON BANKS OF RHINE

Continued from Page One)
was that flying bombs as well as
continuing artillery and tank
fire had been turned on 1t. Gen.
George S. Patton's third army.
While American marines and
doughboys pressed their con-
quests of two of Japan's strategic
Palau islands, Tuesday, the U. S.
navy disclosed loss of mine
sweeper in the operations there
and announced the sinking of %
additional Nippon ships by Yank
submarines.
The first ship lost in the /Palaus
campaign was the mine sweeper
Perry. Casualties were light
The navy also reported the loss
without casualties of the auxiliary
transport Noa in the Pacific as
a result of a collision with an
American destroyer.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
No RecOnversiOn For
PulpwOOd

When Germany capitulates and the
War Department starts cutting back on
war ORDERS there is one industry that won't
need to 60 through a period of inactivity to
permit reconversion of it's plants from war
time to peace-time production. That is the
pulpwood industry.
Not that there will be an abrupt drop in
the need for many pulpwood products by
our armed forces even on V-Day. So long
as there are any American forces in Europe,
the Army will need V-boxes and other con-
tainers made of pulpwood to ship them
food and clothing Moreover, there will be
an increase in the shipment of food to feed
civilians in liberated countries.
Once the European war has ended, mill
tary operations in the Pacific will be step
ped up tremendously That means the
shipment of more supplies and equipment
to this combat area, most of which will be
packed in pulpwood products.
But behind all these continuing war
needs will be backlog of civilian require
ments for many kinds Of paper that alone
would keep pulp and paper mills running
full scale for months after both our wars
have ended in victory.
And pulpwood out for war is the same
pulpwood that will be in demand for peace
time production. Cutting pulpwood is
wartime job now but it has postwar flu
ture as we'll.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
STANDARD PRICES
ON ALL CIGARETTES
Continued from Page OneN

ANOll L4IlIRSu 1IOLu L axe Vic
1912 is the ceiling price today.
The excise figures one-half cent
per package over the March, 1912
price; therefore, when a dealer
is selling only one package he may
charge full cent.
Since Is cents was the standard
price in March, 1912, the present
ceiling in most cases will be 16
tcents per package, and 81 cents
for two packages.
Board spokesman said that in
the case of economy" cigarettes
a flat national price of Is cents
per package has been established
by the Office of Price Admin
istration since September, 1913
To this may be added one cent
per single package to take care
of excise tax. The price for two
packages is Is cents.
premium" brands, identified
by OPA as Marlboros, Herbert
Tarreytons, Fatimas and Murads,
must be sold at the price obtained
in March, 1912 by the dealer plus
one-half cent per package.
Popular" brands were listed
by OPA as Camels, Chesterfields,
Lucky Strike, Old Colds, Raleighs,
Philip Morris, etc. and ECONOMY
brands as Avalons, Beech-Nut,
Domino, Marvels, Paul Jones, Sen
sation, Twenty Grand and Wings.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
American Legion Plans

Our fighters in the front lines and the
fox-holes are fired by no such fanaticism
as characterizes the Japs and the Nazis.
Our men have job to do-they're doing it
because they want to finish it off and get
home
Neither emperor worship nor hero wor-
ship appears in their dreams of glory; they
dream, in moments between pulverizing
the enemy, of the jobs they'll come home
to, the families they have or will have, and
most often of the little shop or business they
will start for themselves and be their "own
boss"
Perhaps no one knows all this better
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
ARMY DEFERMENTS
ARE EXPLAINED

CONTINUED from Page One)
ment, and should advise the local
board of heir activities. This is
quite import ant, because until the
local board PAS current informa-
ton as to the activities of these
men, they arc subject to examin-
alton and induction if found to be
physically fit, for military serv-
ice," it was stated.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21

than the men of the American Legion, for
they once were soldiers themselves and now
are the dads of the lads in the ranks. Thus
the postwar program announced by the Lee
gion commission commands, as it should,
the attention of all who sincerely have at
heart the welfare not alone of the returning
servicemen but also of the country they
went forth to defend.
The Legion advocates employment
fostered by a system of free enterprise en-
bodying the greatest encouragement to
Individual initiative and to every sort of
sound business leadership, along with an
effective implementation of national pro-
gram of fair and impartial treatment for
both management and labor"
Of unquestioned patriotism, from
background both military and parental,
and with a quarter-century of experience
behind it, the Legion speaks-and makes
sense!
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1944-09-21
COUNTY SCHOOLS
OPENED ON MONDAY

Continued from Page One)
Powers, Edith Sturgill, Pauline
Weaver, Lois Dickson, Gertrude
Perkins, Maude James, Mrs.
Blanche Goss Gambill, Sallie Mil
Ter, Mrs. Myrtle Holman Miller,
and Mrs. Bina Baker DeBord.