davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
Sun Oil Chief Says
|0PA Is Strang|ing
u. ). Production
by the Assceioied Press

PHILADELPHIA, Mar. 1.-Urging
aboundant production of civilian
necessities as the only cure for in
fiation, J. Howard Pew, president OF
Sun Oil Co.. said today that Office
of Price Administration controls
ARE strangling industry in its effort
to produce these commodities"
Extension of OPA for another l6
months, which IS now before Con-
gress, will bring about more short
ages, resulting In additional stop
gap Federal controls, all with dis
aStrous results to American living
Standards" Pew said in his annual
report to stockholders.
He described price rises as "a re-
suit, not cause, of imitation, which
has its origin in IL years OF monetiz-
ing the Federal debt.
1.-THE only way now to cure infla-
ton is by abundant production" the
oil executive said.
His report listed consolidated net
income of Sun Oil Co. in 1945 at
81, set. 543, or $4.44 per share OF
stock outstanding December 81. Net
income for 1914 was $13,350, 900
equivalent to $4.15 a share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
Wushinqton Produce

From the Department of Agriculture
Prices paid net fob. Washington:
EGGS-Market continues steady to Arm;
good quality esgs, continue to clear well
atively slow; prices paid for Federal-state
Graded eggs received from grading stations
March y: Whites, browns, mixed colors
U, S. grade A. large. 40: mediums, 35; q. s.
grade 3. large. 35; U. S. grade c, SO; COM
mercially sraded A. large, 37-39. mostly
3s; mediums, SO, few So; current receipts,
$3.50 5r mostl y, 33 dirties and smalls. 3o-3l
continues good for small sizes and fairly
prices largely nominal dealers advise
country point asking, prices. to . cents
s and flyers mostly 25; fowl mostly 80. few
DRESSED POULTRY tice pack)-Market
hrmer with higher prices reported on all
classes, Demand exceeds supply for 9
pound and under with some premiums
offered; Overall demand Improving.
1894; 2k-3 pounds and az pounds, 80:
few 2ec: roasters. pounds: 49, few
higher; 4A pounds and up, 35-36; fowl
33 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01

Totals $751;, 1888 80 81 1874 i 8
T. w. ROBINSON, Vice President.
VIM. WEBER. Asst. Secretary.
Subscribed and sworn to before me this
3lst day Of January. 1916.
(Seal) ELSIE R. ROBINSON.
Notary Public
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01

'Ex dividend. fPlus extras aPaid so
| far this year. e2% extra 1885, extra.
So. 90 extra. K 10c extra pPaid in
1916. $1,000 extra
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
{. &P. Telephone Co.
Reports Net Below
Year Ago in January
By Edword c. Stone


Net income of the Chesapeake &
Potomac Telephone Co. in January
amounted to s202,315 before interest
and dividends, against $256 OBS in
the first month of 1915, the COM
pany reported to the Public Utilities
Commission today.
January operating revenues were
50 1854, compared with s2394, 299
year ago, while operating ex-
penses amounted to SI,726.541
against Sl,645,998. Operating taxes
for the month came to $247 SEQ VS..
$481 1888, substantial reduction.
There were 365,001 telephones In
service at the end of January, an
increase of CAT telephones over the
previous month. Telephone users
made 50,335,0 900 calls during the
month, which was an increase OF
1884 900 over January, l945.
Potomac Power Net Rises.
Net income of the Potomac Elec-
trio Power Co. for January, reported
today, totaled $447,572, an increase
OF $84,23l over January, 1915, or 2;
81 per cent.
The report explains that the fig
ures include an adjustment for re-
serves to meet rate increase
should the court support the PUG
order, the amount in January this
year being SOS 900 and $85 900 9
year ago.
January operating revenues showed
500, 1863 gain; expenses were SAC, 1851
more than a year ago, and taxes
were $l2,318 lower.
The Pennsylvania Railroad today
reported net railway operating in
come in January amounting to So
237,713, decrease of 1858 300 from
January of last year.
Lacey Goes to Metropolitan.
Robert H. Lacey, with the Colum
bia National Bank for % years and
cashier since 1890, has been elected
vice president of the National
Metropolitan Bank and will join
the staff next Monday, President C
F. Jacobsen announced today.
Mr.. Lacey began his banking
career with the old American Ma
tional. He is a native of Washing
ton, was educated in the public
schools, graduated from the Ameri-
can Institute of Banking and is
now member of the Board of
Governors of Washington Chapter
He was president of the chapter in
l934-5.
He was recently named general
chairman for the June convention
of the District Bankers Association.
Mr.. Lacey served overseas in the
First World War, being wounded in
action.h He is a member of the
Board 1Df Trade and Costello Post,
American Legion.
Gas Business Shows Growth.
In his annual report out today,
Marcy l.. Sperry, president of the
Washington Gas Light Co, states
there was an increase in customers,
gas sales and earnings in 1915. Net
income amounted to s1.358. 900
against 81 1855 200 in 1914. Earnings
were $2.l0 share on common
stock
Gross revenues increased 1904 900
over the previous year, but unsea-
sonably warm weather hurt sales.
Substantial savings in fixed charges
resulted from refunding completed
in 1915, this saving to be 500 900 in
1916 and after years.
The company plans for rapid ex-
panslon as soon as appliances and
other materials are available. Mr..
Sperry said.
American Airlines, Inc, announces
1t has completed arrangements for
interim financing through the me-
dunn of bank loans totaling $685.
100000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
Washington Exchange

capbts shd Trseti9n Ist $4,000 at 1o3%
Lanston Monotype~3b at Is
potomac Electric 81 pfd- at 1l2.
ZEE, iractions-1 at 124.
10 at 109b
Washington Gas eommon-I0 at 33k
Washington Gas S425 pfd.-Io at 100
RIGGS Bank commons at 375, II a
Capital Transit Coo at 35s4.
Mersenthaler Linotype-l5 at 73A
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
Market AVERAGES
New York Cotton

NEW YORK, Mar. LP-Cotton future.
rallied to new 22-yesr peaks on gains o.
more than 81 so bale on broad trade ane
outside buying.
The advance was aided by scarcity oil
offerings rejecting the tight cotton sup.
ply situation: The rally was stimulated
by, the belief that price controls in the
cotton industry will be relaxed, the ad-
vance in the mid-February cotton parity
and a temporary suspension in sales Of
cotton by the Government
Late afternoon prices were 30 cents to
81 .05 a bale higher. March, 1858; May
~ 90. and July, q OIL -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
Business Briefs

Retail Trade in the last week was
about even with the preceding week,
but averaged 10 to $50 above a
year ago-Dun & Bradstreet. Inc.
Food volume was high, but other
buying was spotty.
Money in Circulation declined to
s27 1888, 900, 900 on February 27, drop
of $17,000,000 from a week earlier.
but So, 187 100000 above a year ago
Federal Reserve Board
Net Railway Oerating Income of
class I carriers in January approx
mated SAL 100000, slight gain over
year ago, despite industrial strikes
and loss of wartime revenueS-Rail-
road Association
Auto Production in the United
States and Canada totaled TITS
cars, trucks and buses in the last
week VS.. 1910 in the preceding
week-Ward's Automotive Reports.
Inland Steel Co. stockholders will
vote April "A on proposed 3-for-l
split in common stock.
Abbott Laboratories declared an
extra dividend of IS cents and a
regular quarterly of 40 cents, both
payable March 30
Kelsey Hayes Wheel Co. deferred
dividend action on class B stock,
but declared the usual quarterly OF
37l2 cents on class A stock. paw
able April l.
Murray Corp. of America took no
action on a common stock dividend
because of earnings uncertainties.
Van Alstyne Noel G. Co. was
suspended for 10 days from the Ma
tlonal Association of Securities
Dealers, Inc, effective March 16,
after the SEC ruled it was guilty
of ''willful" violation of registra-
ton requirements in the sale of
Higgins, Inc, stock
Commonwealth Edison Co. earned
S24,577,746 or $189 a share in 1945
VS.. S22,651, 1876 or $1.78 in the pre-
vious year.
American Tobacco Co. profit for
1945 was s19,697, O66 or $3.50 VS.. $1s,-
902.189 or 1914.
Tide Water Associated Oil Co.
earned $18,159,000 or $257 in 1945
VS.. $780, UZ or SZ.43.
Crown Zellerbach Co. net for 9
months ended January 81 was S.
706,1 89 or sta VS.. $685., $50 or
$l51 year earlier.
Eastern Gas g. Fuel Associates
earned $3,944,965 in 1945 VS.. S3,073,-
372 in the previous year.
Eaton Mfg. Co. profit for 1945 was
s3,425,317 or s4.87 VS.. s3,733,O80 or
$3.50.
Freeport Sulphur Co. earned S.
349.790 or $4.19 in l945 VS.. $685.
TOO or $500.
Glen Alden Coal Co. profit for l945
was $3,l78,453 or $l.83 VS.. SAIL, $3.50
or 1884
United Corp. earned s2,682,575 in
1945 VS.. S5,015,872.
Wick Chemical Co. profit for 6
months ended December 81 was 81
622,054 or 1886 VS.. ST, 866,564 or S2.75
in the same 1914 period.
Diamond Match Co. earned ST.
213,865 or $1.88 in 1945 VS.. S2,116, $40
or $1.74 in the previous year.
Fraser Companies, Ltd, profit for
1945 was $1,763,6 or $475 VS.. ST.
57,751 or 1898.
Flintkote Co. earned $1,643,285,
or $l.32 in 1945 VS.. 81 ATT 1894 or
S138
Addressograph- Multigraph Corp.
net for II months ended January
81 was 81 ,240,67l or $1.64 VS.. 81 1885,
GOT or S1.51 in the preceding fiscal
period.
Riverside g. Dan River Cotton
Mills earned sl,338,923 or 1926 in
1945 VS.. sl,266,589 or s2.72 in the
previous year.
Lane-Wells Co. profit for 1915 was
$525 ,255 or $1.46 VS.. $494, 476 or S1.37.
Hayes Mfg. Co. will acquire Amer
lean Engineering Co. and it's sub
sidiary, Faraday Electric Corp,
through an exchange of stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01

Hourly Sales on the Exchange Today:
1880 Am ITO 600 1890 noon $40 600
100 p.m.- 500 600 200 pm. 600 900
tUnit Of trading. 10 shares; sales prtntsa
being reorganized under Bankruptcy Act,
Or securities assumed by such companies.
Rates Of Dividend In the FOREGOING table
quarterly or semi-annual declaration On.
less otherwise noted special or extra divi-
IF Ok rights also extra or extras Plus
stock dividend. Cash or stock epe.
q 1d.S Or osis e fsr this year Payable
Canadian funds K Accumulated dividends
paid or declared this year. New issue
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01

Rates OF dividends In the foreRoing tablt
are annual disbursements based on the lasl
quarterly or semi-annual declaration I'm
less otherwise noted. special or extra divi-
extras. b Plus stock dividend. Cash OF
stock Declared or paid so far this year
able in. Canadian funds. Accumulated
dividends paid or declared this year. New
issue. WV With warrants. ~ without
warrants.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
Chicago Grain

CHICAGO. Mar tP-Speculatlve
interests prodded both sides OF trading
today in May rye. whipping prices around
fairly rapidly, although moderately, most
of The time.
Fluctuations for the most part re.
hected much broader price shifts at Win
nipeg where the grain staged a fast run
up OF the scent daily limit at the start
OF trading, then ran back almost as fast
10 meet another rally
Wheat, corn and barley held again at
ceilings OF l.S01a, lisa and I22h. Oats
were UNCHANGED to accent higher than
yesterdays finish, May, s1-cent ceiling
rye; unchanged TO cents up; May,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01

Eastern Air Lines added a round
trip daily between Boston and At
lanta via Washington. and 2 others
.ct-~-ccn Chicaro and Miami, and
Re, N Detroit and Miami.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01

" aDAkS4A ~ 4 II
| Waldorf Syst Ia
| Walgreen l.60
1tWalgreen pf 4
| Walker Hirm hi
| Walker H pr hi
| Walworth hG
| Ward Bakg .15g
| Warner B Pict Q
| Wash GasLt l "
Waukesha l.
| Webster Tobacco
| West Ind Sue La
TVS Penn Ell AT
| TVS Penn Ell pit
TVS Pa Pr pf4h
| WV Pulp&P.4 0e
| Westrn Auto lae
| Western Nd
| West Md 2nd pf
West Pacific j.
West Pac pf g.
West Union A 2
Weshse Air BAe
Wstnghse FL We
tWsthse E pfAe ;
Weston Ell I.40e.
Westvaco LAO
Wheeling Stl lie
wheel SJl pr 8
White Dent l 30
White Motor Ae
White Sewing M
Wilcox OIL 30
lys-Overlnd-
Wilson&Co zoe
Wilson-Jones 1g
woodward Ir la
Woolworth l.60.
WorthingtnPlh
Wrigley w Jr g.
Wyand Wor 80
YALE q T Goa
York Corp 30
YoungSpg&W l.
youngest SGT 2
ZENITH RADlg
Zonite Prod. 16e-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
Odd-Lot Dealings

PHILADELPHIA Mar dP.-The &C.
curities and Exchange Commission re-
ported today these transactions by Gus
toners with odd-lot dealers or specialists
on the New York Stock Exchange for Feb
ruary 20: 1855 purchases involving 224.-
SOL shares: 1904 sales involving 141,4SS
shares including 26 short sales involving
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01

S56,55919 S46,343 80
ALFRED H. LAWSON, President,
SSAMES II. ATKINSON, Treasurer
Sunscr1oed and sworn to before me this
9th day of February. 1915
GSeal.) CHAPMAN w. FOWLER,
Natarv
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
N. Y. Curb Market

LIST INCLUDES ONLY SELECTED ISSUES
CHANGED FROM PREVIOUS CLOSk.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-01
l42 Ships Down Near U. S.

One hundred and fourteen mer-
chant ships were sunk by enemy
submarines of the east coast of the
United States during the war.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1946-02-27
Views of the Press

particularly of the American dele
gates.
The standing committee does not
propose. or expect to see adopted by
the U. N. O.. any legislative pana-
cea which will suddenly break down
all the barriers to the functioning
OF a free press around the world.
Neither Goes it seek to use the issue
to intensity antagonismS among
the members Of the internationa.
organization. II does endorse, ano
urges prompt action upon. the Am
erican request that the commission
on Human Rights Of the U. N. Q.
undertake a study of the problem
OF freedom of information with
view to the preparation of an inter-
national convention on the subject.
This is only the beginning Of what
is certain TO be lengthy process
But il is a beginning which must
be made il freedom of information
is to be won.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1946-02-27
CHEAPER GOODS PROMISED
The Meriden Daily JOurnalD

The Meriden Daily JOurnaD
The manufacturers of clothing
ana the merchants who sell apparel
have protested frequently against
the policies which have held low
priced clothing off the market. At
last the Office of Price Administra-
ton and the Civilian Production
Administration have admitted the
justice of such arguments. Action Is
being taken to increase the supply
of cheaper merchandise through
granting an incentive price rise in
staple fabrics. The boost will ave-
rage five per cent.
Even this concession Of govern
ment agencies will not relieve the
present shortages of low-priceo
goods Immediately. II is estimated
that it will be at least three months
before the greater output will reach
the public.
OPA should have acted long ago
10 increase production Of cheaper
textiles. But the bureaucratic MIND
is stubborn. II is always reluctant
to admit mistakes and rectify
them. The American people ac-
cepted wartime restrictions with
out complaint. There is no reason
why they should put up with UNI
necessary rigid control since the
ending Of the war emergency. The
concessions now being made by
OPA are offered grudgeingly bur
they are proof, at least. that the
trend is in the right direction.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1946-02-27
By Peter Edison

the carriers rejected rate adjustment Feques.c@ ~
he War Department the case was turned over " ~
JIdoe Advocate General Of the Army VINO insV'uleo
proceedings before the ICC.
After June 1914 the Budget BAreau report o.s-
aloseS many protests were mace ny sne 80 co..
nes But there are months Of delay In ice proceepI
ngs And hundreds and HUNDREDS OF Fa1es "e'S ~
even examined. III
In the cases of rates that were examined, W
War Department at first requested that anyusuhxuM
in uaynents be made retroactive 10 PeaFI aAFDo1
But when the railroads protested this was UNFAIR t
war Department blandly gave in 70 pohcy q az. ~
ouesting readjustments only TO the daE On WINS W.
application for adjustment was fleo
That retroactive adjustments could have peen w
,a,ned however was proved IN August, l9Ao wnen VIZ
NAVY went TO the mat with the Abilene q Sonths ~
railroad and got retroactive Adjustment lsV'.a ,
IcC on rates charged for the mosemens "
plate. r,,..a,,
while It was impossible for the Budget suieAS
Investigators To check the hundreds Of tnousahoe ~
millions of bills Of lading, some OF the eIose 49,
charges were uncovered by spot checking FnIy pass
OF the I4O-page report made for the buogeg outsao
60 into details OF how excessive rales Ms's rnsres
such 4 variety Of things sulphufic aclo' AnpaiSS
and parts explosives. machinery. mosquito ne.s ~
nance petroleum products and even soldier Ea"o''
The Budget Bureau report recommends ~ cV ho
cluslon an eight-pont program Ior reotbhna11.'s -
manner In which Army, Navy and other oepaIsl
az the government examine the rates tney are
for freight movements SEN Burton K Mneslst y,
Montana chairman OF the senate Committee on
Interstate Commerce, Is preparing new iesSlA"0' =
see that 1t Is done.
II sounds like q coed idea even II Il may nov y
isstie late 10 lock The barn. For the taxpayers nast
already paid the iron horse many millions OF ao'a'i
in excessive charges fE transportation
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1946-02-27

gators say there are no adequate sLatIlcal Eecotos
correspondence files incomplete and scattered IN
hundreds OF desks The personnel supposed 70 check
freight bills adequate for the job and is
now scattered.
Okayed freight bills were paid BY the War De-
partment Finance Office. subject only 70 adjustment
BY the General Accounting Office GAO Is now run
ming from two TO three years behind IN Us auoIts'
According 10 the Budget Bureaus investigation
W. B. Hammer Of the Interstate Commerce Commis-
sion Charles B. Bell and Emory b. Ussery OF WASH
ington-bfs of lading okayed without pre-auoil
so there Is no real check the reasonableneSs OF
many Of the rates charged the government Tor maui
ing war supplies.
Before the reorganization Of the War Department
In March, 1912 every branch handled Its own Heleht
shipments Then the Transportation Corps came into
being and Traffic Control Division was set up. But
It was not until June. 1914. when the war was year
and half old. that q systematic approach was mace
freight rate problems, the Budget Bureau p0pers
report.
At that time the War Department named q
standing committee Of six 20 handle rate adjustment
problems with the railroads The procedure Was tnat
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1946-02-27

What's left Of the old Spanish TORT ana the oiu CIV
gates are still here.
Then there's Ponce de Icons celebrated fountain
OF youth mile or so up the road as you come mt
town It's in a sort Of park, pretty ana wen-kep
place Admission is charged, and although maven
been in there this time you used 10 get nriei MS
torical lecture from very pretty girl ana then yo
could drink your fill from the celebrated fountain
which is really a spring. Personally. I've always ma
my doubts about that place, but they are oased o.
nothing, possibly, but ornery disposition ana :
natural skepticism concerning lot OF such proJec
that here thrill the tourist after painlessly diVorc
him from his shiny SO cents.
1 think il began when discovered that the entlr
population OF Seminole village, living on the ecge
The swamp along the Tamiami trail exactly on I'M
same SPOT and in the primitive fashion as thel
forefathers" was transported daily back and tortI
from the creature comforts OF Miami by truck oefort
and after dark Then there a sudden great puIs'
OF old turpentine stills" just before the war Tht
tourist was invited TO drop anchor and see the smp
children of nature living and working just as they
did in ante-bellum days.
These were supposed TO make turpentine ana sing
spirtuals simultaneously. prasing De Lawd ano
talking bout OF Marse and OF Missy IN the SWEEP
old-time way If they did. they must have taken a
lot of rehearsing That ante-belum part OF Florloa
was in almost exclusive possession OF the a1gaIofS
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1946-02-27


pessmist when write this but, Judging by the
way our foreign affairs are drifting today am
beginning to think the thing we laughed az last
october is now no laughing matter at all
BY that I don't mean that Gordon VIII DC
called again. We are never going to need pig
Army in these days Of atomic warfare II would De
suicide to expose large groups OF helpless Ioot.
soldiers to the ravages Of atomic warfare But what
do mean Is that today, less than one year after
the war is over, we are drifting on turbulent sea
Of international rivalry, our rudder smashed, our
compass lost, with only hazy iuea OF Wnere We are
heading.
Meanwhile one of our former allies knows ex-
actly where t wants to go, while another Is SAILING
with a leaky hull, and we are begged down rom
our attempt to keep it from capsiEng ai'ogetner'
However 1 am writing in this peSSimistic vein
not because I enjoy being peSsimist, but because
the time is short. The time Is snort ano We a s :
things we do in the International field right now
during these very weeks. days, and minutes-pant
the seeds Of future peace or war. we are raploiy
heading toward the latter course.
That is why consider the revelation OF Russian
spy activities in Canada blessing In disguise IL
NAV helm us to realize what dangerous rivalry we
in the middle Of 1t may help US 70 49, w "
the fact that we are drifting toward international
n 50 happened that had known about the Rus
sian spy activities for several weeks before broke
the story and I know that what the Russians were
doing goes much deeper than the state Department
would like to have US believe, and shows network
of Soviet agents not only engaeeu ia SueTe4.
race to secure the atom bomb but also aimed al
disruptine our whole communications system-if and
when it becomes necessary.
There Is Of course, something to be said on the
side of Joe Davies contention that every nauon
engages in espionage That is true. However u seems
to me Mr.. Davies overlooks the faet tnat We Mele ~
the process of working out international plan 70
share the secret OF the atom just at time wnen the
Russians we're trying to steal 1t.
Secretary Byrnes had gone TO Moscow ana mace
sincere gesture to share the atom, despite vigorous