davidaulloa/AmericanStories huggingface dataset:
Evening star., 1945-11-04
THE SUNDAY STAR, Washington, D. c.
SUNDAY, NOVEMBER 4. l945.
Carrier Stocks Lead
Uneven Market Rise
To New 9-Year Peak
BY VICTOR EUBANK.


NEW YORK, Nov. 3.-Strength OF
{ rails today enabled this weeks gen.
5 orally bullish stock market to finish
at an average peak for nearly nine
years, although considerable ir-
regularity in the industrial section
clouded the picture to some extent
Demand for carriers was evident
from the start of the two-hour
stretch. 1t apparently was based on
rising dividend hopes and realiza-
tion the financial position of most
: roads was the best in their history.
Dealings quickened at intervals.
While gains running to better than
2 points predominated at the
close, losers were plentiful. Trans
fers of $4,000 shares compared with
10000 two weeks ago and were the
largest for a short session since
June %.
Average Rises Further.
The Associated Press 60-stock
composite was up 2 of a point at
1873, highest since March 13, 1897
The rails went through their June
top with a jump of z of a point at
46.2, record since May 8, 1887. The
utilities were up L at 500, a high
since February 20, 1887. On the
week the overall average held a net
advance of IL points, widest gain
since the period of September %.
For the six days the carriers were
up % points. The market was fairly
broad, 839 issues registering. OF
these, 405 rose and 227 declined.
The weeks volume on the big
board was $3.50 900 shares, best since
the week concluded June 80. Ac-
tivity in the Curb aggregated $780,
600 shares, heaviest total since June,
1887.
Idle cash persisted as the main
purchasing inspiration in the final
session. Accounts were trimmed
here and there, however, on the idea
technical correction was overdue
and because principal securities
markets will recess next Tuesday for
election.
Set New 1945 Highs.
On the day the stock exchange
witnessed new highs for Great
Northern, Southern Railway, Schen-
ley, American Telephone, Montgom-
cry Ward and A. o. Smith. The
last named climed points. Front
liners included Santa Fe, New York
Central, Northern Pacific, Atlantic
Coast Line, Bethlehem, Johns-Man-
vile, Public Service of New Jersey
and Standard Gas 81 preferred.
Among casualties were United
States Steel, General Motors, Chrys-
Ter, Goodrich, United Aircraft, Ana
conda, Consolidated Edison, Stand
ard Oil IN. j. and Eastman Kodak.
Secondary railway bonds were
popular.
Ahead in the Curb were Heyden
Chemical, Consolidated Textile,
North american Light and Piper
Aircraft. Turnover here was 470 900
shares versus 10000 in the previous
abbreviated session
Evening star., 1945-11-04
Washington Stock Exchange
BONDS.

CReported by & ashinrton
Evening star., 1945-11-04

tUnit Of tf&dlnes 10 ShAfess faIeS Printed In ful
I'm bankruptcy receivership or being reorgansed
under Bankruptcy Act securities assumed BY such
tcompanies Rates Of dividend In the foregoing table
annual disbursement based on the last duartery ar
decsraton Unless otherwise noted spe-
lcal or extra dividends are not included Ex dividend
Hend CAP 9r stcck. Paid last year: g Payable
able ~ Canadian funds Accumulated dividends pad
Tor declared this SeaT. a. 81 .'--, 80
Evening star., 1945-11-04
Financial District Gossip.
Chicago Gruin

CHICAGO. Nov. R.-Short-coyerine
and @ sustained buying pushed grain futures
today. Influenced By trade belief the Pace
parity bill will pass the House. strong oats
shipping demand and mill buying of wheat.
Rye was up 3 cents q bushel at times to
new seasonal highs for all contracts. and
pecemneI and May wheat and May oats
Shipping sales OF oats were estimated at
around 300. 900 bushels or more and cash
oats were strong. This market also was
Northwest yesterday.
s, Wheat closed UNCHANGED to cent higher
corn ine VAS Il
l.1Sts; ceiling. pats were ahead " to 1.
pecember 67ss-5s; rye was to 80 higher.
Evening star., 1945-11-04

ASSOCIATION, mas
been nominated
for election as
president of the
United S t a tes
S a v in gs and
Loan League ON
November %. w.
w. M C A lister,
San Antonio, has
been proposition
vice president.
Mr.. Irr has
been in the saw
1ngs and loan
b u S i n e SIS 23
years, heads a
SIS, ,000, 900 insti-
4I.
Evening star., 1945-11-04

Many special guests have been in
vited by Section Chairman Edwin B.
Shaw. Reservations indicate the
largest meeting of the year.
Mr.. Shattuck is an authority on
trusts, Harvard law graduate, for
mer president of the Massachusetts,
Bar Association and author of sew
eral books. r
Late Hours to Be Abandoned.
Rudolph w. Santelmann, newly
elected president of the District
Building and Loan League, has an.
noumced that after Thursday, No
yember Is, the building and loan
| associations in the Capital will
abondon their late hours on Thurs
day afternoons.
| Mr. Santelmann stated that Of
ficials of the different associations
feel that the demand for late hours
has passed now that the big depart
ment stores will no longer remain
open on Thursday evenings.
| According to Bruce Baird, presi-
dent of the District Bankers Asso-
citation, the banks viii continue late
hours on Thursdays until they can
check the amount of business trans
acted when the stores are closed.
September Gas New Declines.
The Washington Gas Light Co. re-
ported seasonal loss in September
of $48,860 against decline of $48,-
029 year ago. Operating revenues
were $8,753 lower than last year
while expenses were unchanged,
making decline of S8,425 in net
operating revenues. However, for
the first nine months of 1945, the
company reported net income
of 1887 ,698 compared with $685., ,l2l
last year, an improvement of s52,-
SIT.
Total September gas sales of 982,-
| 991 mcf q 900 cubic feeD compared
with 1,001 ,387 last year. Sales to
District of Columbia customers
amounted to 743,953 met. against
767 ,503 mcf. year ago. Meters in
service in the District at the end of
September totaled 165, ,427 VS.. 1853 ,922
/ a year ago.
Mortgage Officers Named.
/ Joseph B. Schaaff has been re-
Ielected president of the National
Mortgage & Investment Corp; j.
Garfield Riley, first vice president;
i Ashton G. Jones, second vice presi.
dent; James O'Donnell,' jr., secre-
tary-treasurer; Francis A. Murray,
acting secretary as Mr..
ODonnell is serving with the Ma.
rine Corps.
This years directors include
George M. Ferris, John j. Hamilton,
Ashton C. Jones, Crandal Mackey,
Francis A. Murray, James O'Don-
nell, jr.; Thornton w. Owen, Homer
Phillips, j. G. Riley, j. B. Schaaff,
w. w. Stewart, Hugh A. Thrift and
James c. Wilkes.
Financial District Gossip.
Directors of the Potomac Electric
Power Co. have declared the regular
$1.50 quarterly dividend on the per
cent preferred, payable December
| to stockholders of November, and
the quarterly dividend of $1.371z on
the 5h per cent preferred, with the
same payment dates.
William B. Rumple, manager Of
one of the Metropolitan Life offices
here, has been appointed to the
Board of Directors of the District
Life Underwriters Association to fill
the unexpired term Of Hiram Hart.
Holger johnson. president of the
Institute of Life Insurance, will ad-
dress the Advertising Club luncheon
Tuesday at the Statler Hotel.
Evening star., 1945-11-04
Shattuck on Bank Program.

5 e c I ] o n OF the
District Bank
ers' Association,
a t a dinn e r
meet ng Friday
evening at the,
Mayfower Hotel,
on The Prudent
M a n Rule for
T ru S t Invest.
ments."
This is a par
t 1 C u ! arly live
subject as Con-
gress is to be
asked to enact
the rule into law
for the District
-
Evening star., 1945-11-04
Tobacco Markets
BY the Associated Press.

High prices still prevail on virginis old
belt markets with demand continuing
strong.
The close of the seventh week of tobacco
marketing in the Old Dominion yesterday
found prices at the highest level of the
over previous levels and only low orange
lugs- suffering a loss, limited to ST per
hundred pounds. Common red smoking
leaf and poorest thin nondescript were up
So to lead the advances.
Quality offerings showed little change.
the bulk continuing to be made up of low
to good tobacco. with the volume of cut
ters. increasing considerably and leaf still
predominating
Averages and poundage on Virginia
f1lIp markets. Yesterday included.
Evening star., 1945-11-04
Foreign Exchange

NEW YORK, Nov, 3 Rl.-Foreien ex-
change rates follow (Great Britain in dol
lars. others in cents):
Canadian dollar in New York open mar
ket. 9A per cent discount or 90.75 U.
s. cents. 10 Of a cent higher.
changed.
Latin America: Argentina free, 24.se.
unchanged: Brazil free, 5.25; Mexico,
% AZ
Evening star., 1945-11-04
Commodity Prices

NEW YORK. Nov 3.-The Associated
85 commodities today advanced to 111.s7
new. 1946 high. Previous day, 1Il.S3;
week ago, 111.17 month ago. 110.42
year ago, 1o6 A; based on 1925 as 100
Evening star., 1945-11-04
Capitol Securities
Over the Counter.

The following bid and asked quotations
on Washington securities traded over the
counter represent prices at which one or
more dealers, members of the National
Association of Securities Dealers, Inc,
would trade with the general public at the
time the quotations were assembled for
The Star as of Friday noon:
Evening star., 1945-11-04

man OF the Maryland State Plan
ming Commission and of the Mary
land Commission on Postwar Re-
construction; also on the War
Finance Committee.
He is past president of the Mary
land League OF Building and Loan
Associations.
Shattuck on Bank Program.
Mayo A. Shattuck, noted Boston
lawyer, will address the fiduciaries
Scandinavian American. [volume] (Seattle, Wash.) 1945-1958, 1945-09-01
Support Price Control

The Office of Price Administration is making
the fight of its life-which may we'll turn into
the fight FOR its life.
With war ended and manufacturers rapidly
getting into production of civilian goods or in
advanced stages of reconversion, they see moth
ing but the O.P.A standing between them and
the many billions of dollars of carefully conserved
funds now in the hands of millions who will be
crowding stores and agencies for every variety
of goods and wares and machines
So these manufacturers and their distributors
and merchandsers have given high priority to
their plot to convert the O.P.A. either into HARM
less appenage of government or, better still
from their viewpoint, dead page in our nations
economic history.
The American people probably never will I'M
derstand the prime part played by this agency in
fighting the war on the home front, and may
never justly evaluate the services of its admins
traitor, Chester A Bowles, his policies and his
leadership This is because in applying the pur-
poses of the Act, there were unavoidable rrita-
tions-and, in justice but not in carpng criticism,
some which could have been avoided.
However, this much must be admitted by all
who care to be fair-minded Chester Bowles and
his legal instrumentality have saved American
consumers untold billions of dollars which other
wise today would have been nonexistent, con-
sumed in the flames of wild initiation. And ra-
tioning has gone far toward accomplishing its
purpose of giving everybody break in the dis
tribution of necessities
The drive to vtiate or destroy OPA is more
determined than ever before because the swag
to be obtained by manufacturers and dealers if
Scandinavian American. [volume] (Seattle, Wash.) 1945-1958, 1945-09-01

successful in their purpose, is greater and closer
at hand then ever before For this reason determi-
nation of consumers to see that price control is
retained should be greater than ever before.
Here is an example of what may be expected if
a firm policy is not settled upon and enforced
at once: A great manufacturing company already
is turning out thousands of washing machines
weekly. But it is not placing them in the hands of
distributors for ultimate sale to and use by con-
sumers. 1t is storing them in the confident hope
that pressure exerted by it and other big pro-
ducers will draw the teeth of O.P.A. or bring
about its death. These manufacturers are able
to produce, then withhold goods in storage until
they are assured unreasonable prices because
they have vast reserves of capital accumulated
out of swollen war profits, plus tax refund of
nearly six billion dollars voted them by Congress
in its last days before adjournment.
These accumulations they now propose to use
in their palpably clear plan to- take the Amer
lean consumer by the pockets and squeeze his
savings into their treasures by the process of
uncontrolled and unwarranted prices.
The plan for price plumber has implications far
exceeding it's effect on the individual buyer If
manufacturers, jobbers and retailers are per-
mitted to carry it into effect, prices will be lacked
up to the point at which the law of diminishing
returns will take over, sales will decrease fac
tories will shut down. unemployment will spread
like prairie fire-then deflaton, panic, economic
ruin.
The people of America have no more important
business right than to see that Congress
supports Chester A. Bowles in his efforts to pre-
vent return to the tragic conditions of the early
thrties which surely we have not forgotten.
Scandinavian American. [volume] (Seattle, Wash.) 1945-1958, 1945-09-01

and blood and treasure have been instrumental
IN saving to the British Empire
With these vast resources in her undisputed
possession, and in view of the circumstances by
which they remain in her possession, it in becomes
Britain's officials to reproach our government
because its head suggests the time has come for
them to put up some cash for their meal ticket.
Somewhere in almost every speech by these
officials, and lurking in the minds of the British
people, is the thought that, in standing "alone"
against Germany, they were unselfishly protect
ing an unprepared United States.
First, did Britain stand alone, except that for
time and in the very narrowest sense she alone
was engaged in actual combat with the Nazis?
She did not. Arms and ammunition loans, sup
plies of all kinds fifty destroyers, had been
given her during the time she was standing
"alone" In more amiable and truthful moment,
Churchill has said this help tilted the balance in
her favor, prevented invasion
Second, did Britain stand "alone" to shield a
defenseless United States? How silly She stood
and fought, fought desperately and valiantly, be-
cause she had to fight or die as nation She
would have had to follow precisely the same
course if she hadn't had friend on EARTH and
she couldn't have done it successfully, before
we got into the fight, without the help we gave
her while yet we were at peace
British sta tie me are not increasing the
stature of their great nation by their continual
whining and beggarly conduct; by behaving as
an aged and petulant parent who, though pro-
vided with everything by a sympathetic and in
dulgent child, yet complains that she has been
neglected and forsaken.
All America hopes devoutly and sincerely that
England will rediscover her self-respect 1t would
save us money and save her soul
Scandinavian American. [volume] (Seattle, Wash.) 1945-1958, 1945-09-01
Their Power Was There

The end Of the finds the Pacific North
west ready to take its place as an industrial en-
plre Demand for ships and plans with which to
wage war vastly stimulated the activities of ex-
listing plants which had their origin in manu-
featuring materials and products required in
peaceful pursuits; but even more important to
the regions future, new industries were brought
magically into being to serve the Unsuitable ap-
petite of war.
throughout the region, Scandinavian names
were significantly numerous on the payrolls of
war plants Shipyards and airplane plants and
auxiliary manufacturing establishments-in all
OF these Scandinavians provided their full quotas
OF brains and muscle, initiative and enterprise,
management and labor
In the pressure of war production. it was easy
to forget that these names were brought to the
Pacific Northwest in MANY cases bv pioneers who
came as immigrants to the Puget Sound and Co.
lumbia wilderness went out upon the sea struck
into the deep forests populated early villages, to
carve out the civilization which surrounds lis at
every hand today
overwhelmed by the roar of furnace and ham,
mer and forge, We do not always recognize the
quieter but more hazardous pursuits of the fish
ermen VINO, throughout the war; faced the peris
OF the sea to bring back the oceans vast and
precious contribution of food for wartime, meat
scarce tables In the taking processing and dis
trioutlng of fish, Scandinavians are so numerous
as TO make them preponderant in the operation
OF this great and vital enterprise, in war and in
peace.
The same may be said of the lumber industry
based upon the great fir and pine forests of the
region From pioneer days down to the present,
numbering has called heavily upon scandinavian
Drawn and ingenuity and enterprise. Never was
Scandinavian American. [volume] (Seattle, Wash.) 1945-1958, 1945-09-01
Time to Stop Begging

End of the war has left every participating
country with its particular reconversion
problems. For Great Britain the chief of these
is to reconvert herself to her once admirable
position of proud and self-relant nation.
1t is not good to hear out of the mouth of
Winston Churchill, for whom, as Prime Minister
the people of the United States came to hold pro-
found respect and admiration, such expressions
as he used recently in the House of Commons in
condemnation of President Truman's action end
ing wartime end-lease.
Mr.. Churchill, in his statement declared he
could not believe the United States would pro-
coed in such rough and harsh manner to
hamper a faithful ally who held the fort while
their own American ornaments were prepared"
Prime Minister Attlees statement on the sub
ject, while more reserved, left doubt that Brit
iSh officialdon1 does not hesitate to impute to
President Truman an act of great injustice to the
British government and people when he resigned
as Santa Claus. Attee said he should have been
consulted before our Chief Executive acted.
Mr.. Truman knows who is likely to lose when
discuss anything with British statesmen and
he decided that. since lend-lease had to end some
time, he would end it without argument; Britain
had to be weaned and learn to stand once again
on her own legs. 1t time for her to take her
first lesson.
Despite any official orders of the President,
it is not the intention of government nor is it
the wish of our people to stand by and see the
British go hungry; but asking and receiving help
in the exigencies of war is likely to develop into
the serious and shameful disease of beggary when
the need no longer exists or its demands diminish.
Already Britain is showing unmistakabe signs of
the kind of moral decay which, in the individual
leads to mendicancy
The case would be different if Britain were
broke True she is deeply in debt but so are
We. Right now. good accountant could prove
that the United States is a bankrupt in the sense
that more than we are worth in realizable
assets.
Great Britain can be worse off In some
important respects she is better off. The natural
resources Of her empire intact, undepleted.
Her oil-producing areas in the Near East are safe
IN her possession, while those of Southwest Asia
and Borneo have been restored to her largely
as result of the victorious war America has
waged against Japan. Britain's tin and rubber
with other vast resources have been restored to
her by reason of the same bitter fight in which
she played brave and an important but not de-
csive part
In the meantime, in acting as the arsenal of
democracy" America has all but exhausted her
lead, depleted her copper and drained her oil to
the point where it is foreseeable that soon we NAV
be paying through the nose for the oil our efforts
The Wyandotte news-herald. (Wyandotte, Mich.) 1943-1963, 1945-08-02
Legal Notice

-. ATTY: Victor Targonski
1iddie Ave. Wysndette, Mich
STATE OF MICHIGAN
IN TIE CIRCUIT COURT
FOR COUNTY OF WAYNE
IN cHANCERY
ELLA NEsTEIL. Plaintiff
M ION =. LABADIE. et al Defendants
ORDER FOR APPEARANCES
In this cause It appearing from the
Guoavit on file that it Is not known
xnetner the Defendants. Hector r. Laba-
rie. Grace Labadie, Golmus e Labadie
Laeadte. c W. Russell Labadie Pearl
LseadiA @. B. Clyde Labadie and un-
knew neirS. successors and dexisees OF Ell
Laoaoie and the above named parties
snd Roy Boldly and Nina Boldly. are resi-
gents OF this state or some other stae:
guy issued but the same could not be
erved oy reason OF their absences from
tneir last known addresses.
On motion OF Victor Targonski, ATTORNEY
LOT the Plaintiff. It is ordered that the
salo DESCENDANTS cause their appearance
70 De entered in this cause within three
I'D months from the date OF this order
: ano that IN default thereof said Bill Of
complaint will be taken as aforesaid
IL 10 Further Ordered that within
forty days from the date hereof this
order shall be published in the wyan-
ootte News Herald. a newspaper published
IN the County OF Wayne. and that such
puoiication be continued therein at least
= once each week for six weeks in success
sion.
lt Is Further Ordered that a true COPY
OF this order shall be served upon the
respective Defendants by registered mail
direct 70 their last known addresses
. Dated June 20. l945.
Lila NJ Neuenfelt
Circuit Judge.
. A trua copy
CaSpar j. Lingeman Clerk
: BY A. Shedd. Deputy Clerk
June Al, 2S July 5. u. 10. IS. Aug 2
The Wyandotte news-herald. (Wyandotte, Mich.) 1943-1963, 1945-08-02
Obituary
ANDREW F. SKRYCKI

Andrew F. Skrycki. Of $50 Sixth
street, died at his home, after a
long illness, on July 81.
Born in Wyandotte, in 1898, he
was employed at McCord Corpora
ton for 81 years and at the time
Of his death was general foreman.
He was a member of st. Elizabeth
church.
He leaves his wife. Anna and
three children, Irene, Andrew, Jr.,
and Robert. His mother is Mrs.
Josephine Skrycki and his broth
ers and sisters, Frank, Mrs. Frank
Berrast. Mrs. Alvin Pilon, Mrs. An
thony Kashynski. and John survive
him.
The funeral will be held at $50
am. from H. r. Thon funeral home
and at am. from st. Elizabeth
The Wyandotte news-herald. (Wyandotte, Mich.) 1943-1963, 1945-08-02
MATILDA PETROSKE

Mathilda Petroske, nee Wolf. died
at her home. 2071S Sibley road, on
August /, after q long illness, at
the age of So.
Mrs. Petroske was born In Ecorse
township and lived in this area for
20 years. She was the wife Of
Adolph Petroske.
The funeral will be held at ! 80
pm. from the home and at 2 pm.
from Trinity Evangelical Lutheran
church, the Rev. o. j. Krshnke
officiating. Burial will be in West
Mound cemetery.
Besides her husband, Mrs. Pc
troske leaves four children. Mrs.
Myrtle Block, Mrs. Helen Kurtsell.
Pfc. Harvey Petroske, stationed in
France. and Adolph Petroske, Jr.
She was the sister Of Fred, William,
Gustave and Emil Wolf, and Mrs.
Clara Raupp. She leaves seven
grandchildren and one great
grandchild.