davidaulloa/AmericanStories huggingface dataset:
Evening star., 1946-07-12
Stock Market Turns
Down on Wide Front;
Dealings Expand
BY Victor Eubonk


NEW YORK. July 12-Led by
steels, few aviations and assorted
industrials. the stock market to-
day negotiated the broadest aver
age retreat of the week on ex-
panding activity.
Declining tendencies cropped up
in all departments after an early
selective recovery attempt failed
to attract adherents.
The pace was relatively brisk on
The forenoon slide.
Subsequent slowdowns appeared
as extreme losses running to 2 or
more points-there were several
wider setbacks-were reduced or
converted into gains.
Turnover was over 1000, 900 shares,
best since ,JJIlV
Evening star., 1946-07-12
Business Briefs

Retail Trade in the holiday week
ended July 10 was about even with
the preceding full week and aver
aged 22oo to $3.50 above year ago
Dun & Bradstreet Many clearance
sales followed the holiday.
Money in Circulation totaled S28.-
1876 100000 on July 10. a decline of
s60000,000 from week earlier, but
81 403 900 900 above a year ago
Federal Reserve Board.
individual Incomes in MAY aggre-
gated 12,737 100000. highest level
since VI day and only slightly be-
low year ago-Commerce Depart
ment.
Automobile Production in the
United States and Canada was esti-
mated at 1895 units this week VS..
45,175 last week and 114.318 in the
like 1941 week-Wards Automotive
Reports. Previous postwar weekly
record was 1886.
Caro-. Inc. placed common stock
on a regular dividend basis of 81
annually. with declaration of quar-
terlv of 25 cents and an extra of Is
cents. both payable August 25. The
stock was split 3 for l recently.
General Electric Co. received
S389 .696 900 worth of orders in the
first half. drop of 44oo from year
ago. First quarter orders were
down 72%c, but second quarter or
ders were off only 7oc.
Texas Co. sold $50 900 900 of 23s %
debentures, due 1871, to group of
insurance companies for an undis-
closed price. Proceeds will be used
to retire s40000,000 of go deben-
lures and for other corporate pur-
poses
PENNSYLVANIA Railroad invited
bids up to noon, July %, on $7,322,-
900 of equipment trust certificates,
remainder of total of sl8.135 900,
to finance construction and new
equipment
Union Pacific Railroad ordered
1900 boxcars costing nearly s8,000.-
900 to help alleviate a critical Ma
tion-wide shortage.
National Shirt Shops of Delaware,
Inc. stockholders approved 6-for-l
split in common stock.
Maryland Casualty Co. Stockhold-
ers approved the company's recap
italization plan under which $24.-
100000 Of new preferred stock will
finance liquidation of all RFC loans.
Southwestern Bell Telephone Co.
TEO ~ Hyrn nj h c
ended May 81 VS.. s6,9l8048 year
ago.
Bell Telephone Co. Of Pennsyl-
vania net income for five months
ended May 81 was S5.956.722 VS..
s4,229. .676 in the same l945 period.
Barker Bros. Corp. earned 1892
ia or Sl.3l a share in the June
quarter VS.. s113,687 or IS cents a
year ago.
Aro Equipment Corp. profit for
six months ended May 81 was 1892
1853 or AZ cents VS.. s244.110 or 70
cents in the same l945 period
Transue & williams Steel Forging
Corp. earned s42,839 or 80 cents a
share in six months ended June
30 VS.. sl76,809 or sl3l year ago.
Underwood Corp. profit for six
months ended June 80 was $572. .406
or 78 cents VS.. s963,513 or s1.a1 in the
same 1945 period.
Pure Oil Co. has acquired a ma
jority interest in Delaware Consoli-
dated Oil Co by purchase of 1T
more shares of that company.
Elastic Stop Nut Co. called for
redemption on August Is all cum
ulative convertible preferred stock
at $3.50 a share plus 362s cents in
dividends.
Union Bag d Paper Corp. will
build a new s2,750000 plant at
Savannah to make kraft corrugated
shipping containers.
Evening star., 1946-07-12
National Capital Bank
To Open Highlands
Branch August |
By Edword c. Stone

The National Capital Bank ex-
poets to open the new branch in
Randall Highlands on Thursday,
August l, George A. Didden, Jr.,
president, announced today.
The new office. to be known as the
Highlands Branch, will be located at
1887 Pennsylvania avenue Sc. in
building which has been rented for
banking purposes.
The building is being completely
remodelled and 1t is expected the
banking equipment will be installed
and ready for use on the opening
date National Capital officials are
preparing to give complete banking
service to this fast-growing section
of the city.
The National Capital Bank has
grown rapidly in recent years. de-
posits on the June 90 call amount
ing to s1o,7os,157.
Electricity Sales Decline.
Electricity sales by the Potomac
Electric Power Co. revealed a de-
crease both in and out of Wash
ington in June, officials announced
today. Sales in the District totaled
1903 ,1s9 1894 XVIII in comparison with
l13067,767 in June, l945, a decrease
OF o.868,373 XVIII, or 8,73 per cent.
Sales outside the District totaled
1s.975,95l XVIII, decrease of $50
per cent. The months sales totaled
122.175.345 XVIII. down $50 per cent
from June of last year.
Stock in Lively Demand.
Sixty per cent of the capital stock
of the proposed First National Bank
of Bethesda has been subscribed,
William L. Lebling. chairman of the
Organizing Committee. said today.
Applicants for the stock are apply
ing to Mr.. Lebling at 7200 Wisconsin
avenue. and to Alfred Rinaudot,
7240 Wisconsin avenue. The sale
Of stock is limited to not more than
2l7 per cent of the authorized capital
tn anv one subscriber. Special ef-
forts are being made to distribute
the stock among workers in or resi-
dents of Montgomery County, Mr..
Iebling stated.
Municipal Financing Gains.
State and municipal financing
during June amounted to sl29,467,-
TAI. compared with 1881 .673 in
June. 1945, a gain of s73, ,636 066. the
Daily Bond BUYER reports. The
largest new issue in June was S29.-
100000 f1otation in Philadelphia.
New financing in May totaled sl43,
o32.e32
During the first six months OF
1a46 new financing amounted to
s5o9, $40. .35o, in comparison with
s447.468.577 in the like l945 period.
an increase of s152, 1872. the re-
port showed.
w. r. & F.. Bids Strong.
Bids for Washington Railway d
Electric common stock have recently
been exceptionally strong on the
Washington Exchange, with $3.50 a
share being offered. Holders are un-
willing to sell as there have been no
sales on the Exchange this year.
Washington banks and building
and loan associations will be open
as usual tomorrow. as President
Truman has not Yet signed the
Saturday closing bill now on his
desk.
c. I. Hsycraft. Washington agent
of the Lincoln National. has gone
to Estes Park. Colo to attend
sales congress of 140 production
leaders
Evening star., 1946-07-12
N. Y. STOCK EXCHANGE
SAlet--
r SaA Ala

Sales
Stock and Add Net
Dividend Rate. 90. High. Low. Close. chEe.
Curt-wright A "a 2oL& 20 40 - "
Cutler-Ham zoe 40 3eM 3eA Ia
Evening star., 1946-07-12
Wushinqton Produce

EGGS-Market Arm on fresh nearby
cleared. Other Grades in ample supply
and irregular and slow. Prices paid Tor
Federal-State sraded eRss received from
,r,ahu mediums $40 20; q. s srsde 5, isrse, 20
diums. SIS; grade B. large, IS; grade c, 80
LIVE POULTRY-Msrket weak. and ir-
regular. Receipts and supplies, consid-
erably in excess of slow demand Fowl:
Colored 81 -35; Leghorns. 26. Roasters,
fryers and broilers, 3s-42.
DRESSED POULTRY Gced and Western
lower Offerings liberal Demand slow
Fowl: Grade A, 40-41. Roasters, fryers
opd hrailnrS
Evening star., 1946-07-12
THE EVENING STAR, Washington, D. c. ***A-1.
~,
Chicago Grain

CHICAGO. July 12 Pl.-Substantial
offerings of cash oats by the country, plus
prospects of good movement of 1946
oats within 4 few weeks, caused a weak
undertone in oats futures today Cash
100000 bushels.
A part Of the early downturn. which
extended to nearly 3 cents. was erased
near the close when short-covering
movement got Under way Advices from
Iowa stating yields were lower than ex-
pected in that State touched OF the late
rally.
Corn experienced rather wide fuctus-
tions in thin market with prices
above their previous close most OF the
session.
At the close oats we're Ii4-2ss lower
than yesterdays finish; July, s7Ls s-s7, and
corn was off K-h: January, x16534
There was no trade in barley
Evening star., 1946-07-12

II LnICdE0 CHyn M1fK6T.
\ Wheat No l red, 216; No . red, 216
/ Corn No . yellow. 2.26, nominal No 3
yellow. 2.24. nominal Oats No. l heavy.
j 95; No. | heavy white. 94-a5: No white.
"a -a4i2 Barley. mailing, l 46-1 IS; feed,
Il .30-1 60. all nominal
Evening star., 1946-07-12
Odd-lot DEALINGS

PHILADELPHIA. July IL IP,.-The Sc
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 July
II: 5,152 purchases involving 150.7SS
shares. 4,413 sales involving 122.33.
shares including is short sales involving
Qo6 shares
Evening star., 1946-07-12
Washington Exchange

SALES.
Ga rfinckel 5l2'c pfd.---40 at 21l7. so at
IS, 100 at IS. 40 at 2a, 40 at IS.
BONDS.
Evening star., 1946-07-12

New England Telephone & Tele-
graph Co. earned s3954.9ol in five
months ended May 81 VS.. s4.0sl ,344
a year ago.
Evening star., 1946-07-12
..
REPORT THE CONDITION OF THE
AMERICAN SECURITY & TRUST co.

OF Washington 49, in the District of Columbia Member Federal
Reserve System Close of Business June o. 946
Published Call Comptroller
Evening star., 1946-07-12
N. Y. Bond Market
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Evening star., 1946-07-12

TCDAY'S SALES k
reported in Dollars {
Domestic ) $50 oooI I
nk H7a NNNi
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
400, 600 Women Veterans
To Pit Skill Against Men

WASHINGTON, Feb. 10 -(P-
From Army drab, Navy blue and
Marine green, 100000 American
women are emerging to pit new
feminine skills against old Mas
culine Prejudices.
Ironically, says their represen-
tative in the Veterans admins
tration, their wartime progress will
be their peacetirne problem.
At Elbow
A capable woman lawyer, Lt.Col.
Mary-Agnes Brown, is at the elbow
of Veterans administrator Omar N.
Bradley to plead the case Of women
Veterans.
Three rows Of ribbons on her
Khaki shirt tells the story of
her WAC service: Executive officer
to Col. Oveta Culp Hobby, former
WAC Director, and later, Is
months in the South Pacific as
Staff Director at Gen. Douglas
McArthur's Headquarters.
Bradley Adviser
Now colonel Brown Is adviser to
General Bradley on the special
problems of his thousands Of fem
mine charges.
Women soldiers, Waves and Ma
rines, she says, are marching home
to this Quandary:
In wartime, they were taught
such masculine trades as Mechanic
sheet metal worker, chauffeur,
truck drivers, electricians helper
control tower operator, welder
armament inspector.
Want To Work
They learned to command. They
saw the world-or a large slice of
it. They did somthing about world
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
PIG IRON ROLLS
FROM FURNACES

PITTSBURGH Feb. 19.-U.p)-
Pig iron poured from t IN e blast
furnaces of basic steel producers
today as the CLIO United Steel
Workers sought strike settlement
for more than 100000 workers still
on the picket lines at fabricating
and non-integrated companies.
The last of the big producers
came into Zine" late yesterday as
Jones and Laughlin Steel and Ale
gheny Ludlum corporations signed
contracts granting 10 IL cents an
hour increases in the pattern"
set by U. S. Steel Corp. last Fri
day.
Many Return
Approximately 100000 OF the
100000 who struck Jan. 81 were
returning to work.
But hundreds of smaller .compa-
MES, most of which buy semi-fin-
ished steel for processing, held
back. CLIO President Philip Muir
ray indicated an intensive union
drive to clean up the four-week
strike, predicting that within the
next 10 days the entire fabricating
industry will be signed up"
Ask Leeway
The fabricators sought clarifi-
cation of the Administrations new
wage-price policy, under which an
average steel price increase of IS
a ton was granted. They claimed
they were unable to make peace
with the union because they faced
both higher material and higher
labor costs.
Pig iron - basic ingredient Of
steel - was tapped at National
Tube company's plant in McKees-
port, Pa, yesterday. Carnegie-l-
linois, largest operating subsidiary
of U. S. steel tapped its first
disable iron today.
Drive Starts
With iron flowing from the blast
furnaces, open hearth furnaces
were charged, and the long drive
to full production was underway.
Carnegie-Illinois estimated it may
reach 10 per cent of steel ingot
production capacity this week. The
company was operating at approx
imately 70 per cent of capacity
prior to the strike. !
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
FIRST ship SAILS
FOR BOMB TESTING

LOS ANGELES, Feb. 19.-U.D-
AS unperturbed as if she were once
more hauling pleasure cruisers to
South America, the U.S.S. Bouditch
was on her way to Bikini atoll in
the Marshall islands Tuesday to
find out the effect of an atomic
bomb on the oceans floor.
The Bouditch was the first ship
to sail Tor the site Of the navy's
scheduled atomic bomb test against
a guinea pig task force next May.
Heavily Loaded
The one-time Grace Lines com
bination cargo and passenger ship
was loaded to the gunwhales with
strange equipment to probe,
scrape, peer, photograph and lis
ten to ocean floor conditions be-
fore and after the atomic bomb
hits.
Strewn along her 400-toot decks
were arm sounding leads, faith
ometers, wire drags, electronic
listening devices, camplers and
special cameras. And lashed above
the entire pile were two big
launches, both equipped to carry
on experiments out of touch with
the mother ship for as long as two
weeks at a time
Made Surveys
The business of finding out what
goes on at the bottom of the sea
is nothing new for the 8,0o0-ton
Bouditch. Throughout the Pacific
campaigns, she steamed up to
reefs and atolls to make the sur
veys and soundings of anchorages
which told fleet comm ande~s
whether their big ships could 60 in.
The Bouditch and other sounding
ships like her, set out their
launches and sounding devices
while landing craft still were I'M
loading inside the coral reefs.
Aboard the Bouditch for her his.
toric aquatic eavesdropping was
Prof. Kenneth c. Emery, wartime
head of the oceangraphic section
Of the navy radio and sound lab
oratories.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
Counterfeit Sugar Stamps
Turning Up" In State

RALEIGH, Feb. 19.-R)-An in
crease in counterfeit sugar ration
coupons turning up in North
Carolina was reported Tuesday by
Theodore S. Johnson, state director
of the Office of Price Administra.
ton.
Johnson said IS sugar dealers in
North Carolina have been called
to appear at hearings next week on
OPA charges that they accepted
counterfeit sugar coupons.
Chief Hearing Commissioner
Daniel L. Bell of Atlanta will hold
hearings in Raleigh Feb. 1926 for
% accused dealers operating in
eastern North Carolina.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
ALLIED TRIBUNAL
REJECTS DEMAND
FOR TRIAL RECESS

NUREMBERG, Feb. 10 = WD -
The Allied Information Military
tribunal rejected Tuesday a de-
mand by lawyers for the War
Crimes trial defendants for three
week recess in which to prepare
their answer to charges which Al
lied prosecutors have been outlin-
ing since Nov. 20.
Presiding Loard Chief Justice
Lawrence said that the defense had
had plenty of time to prepare all
necessary documents and he re-
called that the court warned at
Christmas that no further adjourn
ments would be granted.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
WAR OF ATOMIC AGE
ENVISIONED TUESDAY
BY MAJ. DE SEVERSKY

WASHINGTON, Feb. 19.-(F-
The war Of the atomic age was
envls1oned Tuesday by Maj. Alex.
ander P. De Seversky as exploding
with an airborne strike across the
North Pole from the industrial
heart OF one nation against the
industrial heart of another.
Aviation authority and War de.
partment consMtant, Seversky saw
no end TO wars, and therefore he
said Americans should be prepar-
ed technoiogically, scientifically
and psychologically for the posi-.
blllty OF future conflict. Victory
in the next war will be achieved
through air superiority and guided
missiles, he asserted.
At a press conference dealing
with his report on an official tour
OF the Pacific for the War depart.
ment, Seversky warned against
too great confidence alone in the
atomic bomb.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
HIR0HITO VISITS
YOKOHAMA RUINS

TOKYO, Feb. 49, W.H-Emper-
or Hjrohito visited bombed out 70,
.Iobama for the first time in Il
Years Tuesday on an unprece
tented inspection tour of war
damaged factories and homes.
The Emperor spoke to civilian
u,orknoen and plant officials and
,,1owed himself to be photograph
ID At will by eager American sol
diers and news photographers. He
aidn't insist that street car pas
sanoers descend because they
-ere on a higher level than he.
Imperial Cortege
Ga eight car imperial cortege
preceded by a white Ameri-
~ military police jep and fol-
loved low by 20 jeeps carrying allied
Correspondents and photographers.
The party lett the imperial pa
,.ce and moved slowly through the
.+reets Of Tokyo, where every in
tersection was guarded by Japa-
npse police and plainclothesmen.
Passes Prison
rnroute to Yokohama, the party
r.ssed sugamo prison where the
Froneror's cousin, Prince Mort
nnasa Nashimoto and more than
I'M other Japanese war criminal
susnects are awaiting trial.
The Emperor wore plain bust
ness suit, grey herringbone twill
avercoat and crushed felt hat. His
.+tendants wore formal morning
.lothes
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20

problems-and want to keep on
doing somthing.
But back home, says Colonel
Brown, they are not being re-
ceived as warmly as their war
time male comrades. The. WAC
officer names these Feminine hand
leaps:
Handicaps
~ Many male employers-con-
sciously or unconsciously- give
automatic, first choice to a man.
ca Male workers themselves, in
many trades, close their ranks to
possible women competitors.
(3) Women are moved down.
stairs by some bosses to make
high places for returning men
veterans.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
SHIP LOCATED

MIAMI, Fla, Feb. s.-W.D-A
Coast Guard search plane Tuesday
located the 700-ton "Golph", laden
with bananas and with 81 persons
aboard, which reported it was out
of fuel and water. The vessel,
which called for help last night,
was found eight miles northwest
of Dog Rock, near the Anguila
islands between Miami and the
coast Of Colombia. The plane
stood by until a cutter could reach
the scene.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
Political Disorders
Again Hit Argentine

B1TENos AIRES, Feb. 19.-UD-
disorder marked by gunfire broke
out Tuesday at a railroad station
where some 10000 persons had
gathered to welcome Democratic
TTnion candidates returning from
. campaign tour of the provinces.
The first unofficial reports said
two persons were killed and Is
were wounded in the violence at
the Buenos Aires railway station.
Evewitnesses said gangs Of
Peronistas-followers of Col. Juan
D. Peron, himself a presidential
candidate in the forthcoming cleo
tion-broke through cordons and
began shooting into the crowd.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
Two Reported Dead
In Cult hooting

DURHAM, Me-, Feb. 19-UD-
State police received reports Tues
day night that two were killed and
at least two others injured in
shooting affray at the Shiloh col
ony, isolated headquarters of the
Holy Ghost and Us Religious cult.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20
McMonigle Found Guilty
In Kidnap-Murder Case

SANTA CRUZ, Cal. Feb. 1e-W.D
Thomas Henry McMonigle, 81,
was found guilty of kidnapping and
numbering bobby-soxer Thora
Chamberlain, by Superior court
jury Tuesday.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-20

Hunters set a new record dur
ing Names 40-day deer hunting
season this year by killing 1882
deer. The previous record was
"a, 4O8 killed in 1913
Filipino forum. [volume] (Seattle, Wash.) 1928-196?, 1946-07-01

CHARACTER is WHAT YOU
ARE IN THE DARK
Filipino forum. [volume] (Seattle, Wash.) 1928-196?, 1946-07-01
Produce to Live

I'VE must concentrate on pro-
duction, on ever-increasIng pro-
duction," the President empha-
sized. "This nation must produce
to live"
President Roxas pointed to the
necessity of an income from
abroad. eve must have income
from abroad-income from ex-
ports. We must have that income
so that we may buy the machines,
hire the technical skills, and, for
a time, buy the food which we
need to sustain our strength and
impart yigor and health to our
young. That task must be begun
now, today. The time for action
has come. The national energy,
in all its parts, must be focused
on a single purpose, on the re-
Mobilization of our destroyed and
ravaged economic enterprises =
on rice, on sugar, on coconuts, on
abaca, on coconut oil, on cigars
and tobacco - on gold and
chrome, and manganese and lum-
Der. We must foster the enter
prises which will raise the ma
tional income and bring in finan-
cial returns from abroad.
InduStrialiZe
but our aim is not a1one to
Continued on Page 81
Filipino forum. [volume] (Seattle, Wash.) 1928-196?, 1946-07-01
THE PHILIPPINES MUST PRODUCE
70 LIVE SAYS PRESIDENT ROXAS
filipino Ambassador
Presents Credentials
To President Truman

Washington, D. c., July 24,-His
Excellency, Joaquin M. Elizalde,
resented his credential as Ambas-
bdor Extraordinary and Plenipo-
|bntiary of the Philippines to Pre-
Adent Truman at twelve O'Clock
Don today.
In his remarks after the formal
Fascination of his credentials, he
bld the President that he had
be distinct privilege of serving
b the United States Congress as
aesident Commissioner of the Phil
bpines to the United States for
period of six years from 1888
81 1914. The Ambassador said
pat during that period he had
BE opportunity of meeting the
distinguished Legislators of the
United States and his association
fifth them EXCHANGED his sincere
Ilmiration for the United States.
Gratitude to America
The Ambassador conveyed to
resident Truman cordial greet
Ags from President Roxas of the
philippines. He expressed to the
Resident and to the people of the
United States the undying graft
zPde of the Filipino people for
De noble act of America of set
|hg the Philippines free in ac-
9rdance with its commitments.
Loyal In War and in Peace
"As we stood by America in
ar" the Ambassador said, 1--WE
Aand ready to support her in her
ans and commitments for world
pace so that liberty and demo-
lacy may become the permanent
!Rrltage of the peoples of the
zPrld. can assure you, Mr.. Pre-
fent, that the people of my coun-
y look forward to an era of
pace and prosperity towards
shich end the United States and
Sc other leading nations of the
EPrld are SO zealously striving"