davidaulloa/AmericanStories huggingface dataset:
Evening star., 1946-12-02

H0urIy S2IeS 0n tne LAcHahge IOuay.
n THAN I6o 600 ia:tiU noon BIO 600
100 pm AGO 600 900 o m 500 600
funit Of trading 10 shares. sales printed
In fun. sIn bankruptcy or receivership or
being reorgariked under Bankruptcy Act.
or securities Assumed by such companies.
are annual DISBURSEMENT based on the last
quarterly or semiannual declaration. Un-
less otherwise noted special or extra dtvi-
xr Ex rights. a Also extra or extras. b Plus
stock dividend. Cash or stock ps--I
IN stock 6 Paid last year. h Payable In
Canadian funds. X Accumulated dividends
oaid or declared, this year. New tSst1t.
Evening star., 1946-12-02
Stock Market Drifts
Lower
In Quiet Dealings
BY Victor Eubonk
AsseeIossd Press FinancioI Writer

NEW YORK, Dec. 2.-The stock
market slipped into lower territory
today without being given much Of
push.
Buying enthusiasm was said to
have been cooled appreciahly by
continuance Of the coal dispute and
its possible repercussions son virtu-
ally all lines Of business While
hopes that the labor situation would
take turn for the better brought
bidding here and there, it was too
timid to have much effect on trends.
Tax selling persisted as a handicap
Dealings slowed after a fairly ac-
tive start but losses Of fractions to
2 or more points predominated near
the fourth hour.
Stumblers included United States
Steel, Bethlehem, Santa Fe, South
ern Pacific, Southern Railway
Northern Pacific, Great Northern,
Goodyear. Chrysler, General Motors,
Montgomery Ward, Woolworth
American Telephone, Kennecott, Du
Pont, Dow Chemical and Standard
Oil of New Jersey.
Bonds skided
Evening star., 1946-12-02
Business Briefs
CONSTRUCTION Materials OUTPUT, a

Construction Materials Output, as
reflected by the Commerce Depart
nients index of 16 selected materials,
declined To points below the pre-
vious month in September, but re-
mained 50.9es above the monthly
average for 1899. The drop was due
mostly to seasonal factors.
Paper Production, excluding news
print, rose to 106.6oo of capacity in
the week ended November % VS..
104.9To in the previous week and
91.4Go year ago-American Paper
e. Pulp Association.
Seaboard Finance Co. offering OF
100000 common shares was mar
keted at 16 by Van Alstyne, Noea &
Co. Half of the total is for the
firms accounts, the remainder for a
stockholder.
Trans World Airline stockholders
will vote December % on proposed
increase in authorized common
stock to 100000 shares from 1,000,-
GOO as a step in postwar expansion.
United Cigar-Whelan Stores ar
ranged a 15-year 5000 900 loan with
Bankers Trust Co. and Metropol-
itan Life Insurance Co.
Southwestern Bell Telephone Co
asked the Missouri Public Service
Commission for permission to issue
s27,O00,000 Of common stock to Its
parent, A. t. q T.
Brown Forman Distillers Corp
called for redemption on December
81 all of it's SIS prior preferred stock
Reliable Stores Corp. declared ar
extra dividend of so cents and q
regular quarterly of 40 cents, both
payable December 20.
Bristol Myers Co. declared an
extra dividend of 25 cents a COM
mon share, payable December 81
Westinghouse Electric Corp.
earned $2,512,948 in nine months
ended September 30, after tax credit
of S57, ,462,o ,o47, VS.. $13,673, 1886 a year
ago.
Diamond Match Co. profit for nine
months ended September 80 was
s1,e60,772 or $1.83 VS.. 81 ,523, ,232 or
S1.2l in the same 1945 period.
Omnibus Corp. earned 1890 ATT
or S1.57 in nine months ended Sep
tember 80 VS.. 1890 1903 or 95 cents a
year ago.
Superior Oil Co. Of California
profit for IL months ended August
81 was 81 ,844, ,156 or $4.35 VS.. $4,972,-
254 or S11.75 in the previous year
when $4,S64, ,45o gain from sale OF
property and equipment was in
Guided!
Braniff Airways, Inc, earned $1l3,-
888 or IL cents in the September
uGarter VS.. S376,547 or 81 cents a
year ago. Net for nine months was
S1e,776 VS.. $611, $50.
Mid Continent Airlines announced
operating revenue for October to-
tailed $448,813, a jump of 1880 from
a year ago. Revenue miles increased
343To and revenue passengers gained
26.59e.
Fairbanks, Morse & Co. announced
an 8,000-horsepower locomotive
which it described as the largest and
most powerful diesel-electric loco
motive ever built, would be delivered
to the Kansas City Southern Lines
December z.
Baltimore e. Ohio Railroad ham
died 53,379 cars of freight in the
week ended November 80 VS.. 1891
in the previous week and 64,788
year ago. Octobers total was 275,-
- - -
282,043 a year ago.
United States Steel Corp. elected
Carl A. Ilgenfritz vice president
purchases to succeed Charles R. Mil
Ter, jr., who retired.
Parke, Davis e. Co. elected Harry
J. Leynd and Homer C. Fritsch to
the board of directors.
Merck q Co. appointed DR.. Per K.
Erolich to the new post of research.
Evening star., 1946-12-02
IBA Head Urges Boost
In Interest Rates
As ConcIave Opens
BY Edvord c. Stone

Charles S. Garland, president Of
the Investment Bankers Associa-
tion and senior partner in Alex
ander Brown g. Sons, of Baltimore
and Washington, called for boost
in interest rates at the opening of
the IBA convention at Palm Beach
today, according to the Associated
Press.
He asserted the Treasury was run
ming counter to economic laws In
holding interest rates on Govern
ment bonds on their current low
level. He favored the higher rate
"even though this would force down
the value of existing bonds, both
Government and corporate"
Savings banks would pay higher
return and such big investors as in
surance companies would be in
finitely better off. He believes the
general public would also benefit.
He declared the battle" inside the
Treasury over interest rates is in
creaSlng IN intensity.
Mr.. Garland announced that IBA
: headquarters would be shifted to
Washington just as soon as space
becomes available
Insurance Officers Named.
Directors of the Mutual Fire IN
surance Co. of Montgomery County,
Silver Spring have elected A. ID.
Farquhar president, to succeed the
late F. D. Leizear, it was announced
today.
The board also elected Rowan F.
Erb secretary and treasurer to take
Mr.. Faruuhar's former position. Mr..
Faruuhar, the new president, is the
son of Allan Farquhar, who served
as secretary and treasurer OF the
company for so years.
Mr.. Erb has been connected with
the company 30 years. The company
was organized in l848 and has been
in continuous operation for SO years.
Mortgage Dividend Declared.
Directors of the Real Estate Mort
gage g. Guaranty Corp. have de-
clared a dividend of 81 share on
the outstanding stock, payable De-
cember 13 to stockholders of record
December 8, Hubbert R. Qulnter,
president, announced today.
William C. Costello, who came to
washington with Jesse Jones in
1882, has resigned from the Recon-
struction Finance Corp. to enter pr1-
vate business. He will open offices
in Washington and Houston for the
J. A. Jurn Manufacturing Co. OF
Erie, Pa, makers of building and
plumbing devices. Recently Mr.. Cos
tello has been special assistant to
the RFC directors.
Columbia Opens as Branch.
AS scheduled, the Columbia Ma
tional Bank became a branch Office
of the American Security & Trust
Co. when business was resumed
TODAY. Frank j. Stryker and Rob-
ert C. Baker, now vice presidents
of the trust company, and the
three other new officials were on
hand to greet patrons under the
new regime.
The banking quarters were elab-
orately decorated with flowers,
gifts of many business associates
over long period. There were few
other signs of any change in man
agement, except the bank station
cry. The sign over the entrance
also heralded the bank merger.
Evening star., 1946-12-02
Market Averages
Woshinqton Produce

From the Department of Agriculture
prices paid fo.b. WASHINGTON.
EGGS - Market about steady: demand
for fresh stock continues active, with re.
ceipts slightly heavier. storage stock re-
ported freely offered but practically nc
demand. Prices paid for Federal-Stats
graded eggs received from grading sta
tions. Monday, December z, 1946: Whites
browns. mixed colors, U. 8. grade A large,
83: mediums, 4S; commercially graded
eggs (including some Western receiptsl,
grade A large, 90; mediums, 40.
LIVE POULTRY - Market unsettled;
practically no receipts and limited de-
naarid: supplies were adeouatc, only few
small lot sales reported; broilers and fry
ers, "a; no sales of heavy roasters OF
suIss IpREssEb POULTRY = Market about
steady receipts very light and demand
limited; most dealers had adequate stocks;
rIrrert q d vAIues .E
Evening star., 1946-12-02

Market-wise investors are heavy
buyers of United States Savings
these days. But even some Of them
do not realize what a good invest
ment 1t is, the Treasury Department
says. Held for the full 10 years to
maturity, an e bond brings in 81 for
each So invested, just under per
cent a year, compounded semian-
nuaIly.
Evening star., 1946-12-02
Chicuqo Gruin

CHICAGO. Dec. 2 oP.--support entered
the grain pits today and prices steadied
after the sharp break of late last week,
corn and oats showed relatively greater
firmness than wheat in which trading
had q nervous undertone.
Eastern commission houses sold corn,
but offerings were readily absorbed BY local
traders associated with processing in
wheat closed a lower to Ia higher,
January, 2.031s: corn was up "a to i
cent. January. 1.29ss-94. and oats ad-
Evening star., 1946-12-02
Washington Exchange
SAIEG

SALES.
Washington Gas S4.25 pfd--50 at 10T.
Capital Transit LIST ref 4s--S2 900 at 1o6 "a.
Garfinckel common--20 at 46.
Capital Transit Co.'S at 80. 20 at 30.
Washington Railway & Electric pfd--1U at
1913
Garfinckel common-10 at 46.
BONDS.
Evening star., 1946-12-02
New York Cotton

were reactionary today on hedge selling
and commission house liquidation which
met Indifferent trade demand
Prices at one time we're of more than
So a bale before partial recovery on short
covering and mill demand. The market
was unsettled by the coal situation and the
threat OF curtailed textile operations,
Late afternoon prices were 10 to 2.25
a bale lower than the previous close. De-
cember. 20. .65: March. 30. .2b. May, 20 63.
Evening star., 1946-12-02

Rates OF dividends in the foregoing table
are annual disbursements based on the last
quarterly or semiannual declaration I'm
less otherwise noted, special or extra divi-
extras. Plus stock dividend. dCash or
stock. e Declared or paid SO far this year.
PAYABLE in stock. Paid last year. Pay.
dividends paid or declared this year. n New
issue WV With warrants XIV Without
warrants
Evening star., 1946-12-02
Dividends Announced
Foreign Exchonge

change rates follow tGreat Britain in
dollars, others in cents);
Canadian dollar in New York open mar.
ket, 4a4 per cent discount or 96.25 United
States cents, unchanged.
Europe: Great Britain, 4.03, UNCHANGED;
grancs dbrsnc 4 up nnebsnaed Ct sent. sent
zerland Nranc) Commercially, %. 40, un-
Latin America: Argentina, free. 24s5o,
unchanged:; Brazil, free, .5.A5. unchanged
Mexico, 20.63, unchanged.
Evening star., 1946-12-02
N. T. Bond Market

Furnished by the Associated Press.1
SELECTED LIST OF ISSUES.
TREASURY 2:30ifn HydroEl6s44 osH
,y,vrr, vrpv r~r.r.v lreh cam 3Ms7O1OO
Evening star., 1946-12-02
THE EVENING STAR, Washington D. c. ...A-13


the two centers open. OF this sum,
Mr.. Leonard said, $500 would be
used for the housing center and s5,-'
600 for the veterans center.
Evening star., 1946-12-02

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West Nd As 53- los
West On 6s 60 63
Wise Cent As 40 72h
Evening star., 1946-12-02

A<A&S1 -
tBloomdle 1.57e
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Borg-Warn !. 30
Bower RI Br n 2
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Briggs Manufg 2
BriggstStrat Ia
Bristol My 2.40
BklsnUGas LEO
BrownShoe 100
Brunswk-B 1Ae
BucSrusErie.S5e
tRucyrus of =
Budd Co
| tBudd Co pf 5
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| BulIard Co
BulovaW Watch "a
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Burr Add M go
Bush Term .35e
tBushTBdg pf5k
Butler Bro 1.55e
+ButlerB Bropf4 h
Butte Cp&Z Me
Byers AM CoAg
Byron Jack Ia
tCAL PACK IN
| Callahan Zinc
Calumet&H .40e
| CanDryGA .30e,
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! Canad Pac 1Me
| Cannon Mills 2e
cap Adm A .40g
Carrier Corp
"sfrierCorp pf2
Carriers&G goa
Case ] ! Co 2e -
Caterpillf TT B.
Celanese Corp
Celotex Corp la
CentAEuirre l VI
Cent Foundry
Cen n G&E 51e
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Certain-t -teed 80
| Champ P&F Me
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Chi & N W pf 5
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Chickasha OIL =
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Chrysler Corn 3
CinG&Elec .3be
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City Invest
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CuneoPress .S0a
Curtis Publish
Evening star., 1946-12-13
William B. Palmer, Jr.,
WAA EmpIoye, Dies

William B. Palmer, jr., veteran OF
both World Wars and an employe OF
the War Assets Administration, died
yesterday at Doctors Hospital after
a two-month illness.
A native of Minneapolis, Mr..
Palmer was graduate of the Uni
versity of Michigan. He served in
World War I as an Army lieutenant
In France. In the last war he was
stationed at Bournemouth, England,
and served in North Africa as lieu
tenant commander in the Navy.
He was an executive of the Uni
versal Button Co. of Detroit from
1921 to 1912, when he entered the
Naval Reserve On release from
service Id 1945, he joined the Re-
construction Finance Corp. here as
a sales consultant. Later, he be-
came a broker with the Security
Investors Corp.
He was married September 81 to
the former Miss Agnes Butterworth
Of Milford, Va, and was stricken 10
days after his marriage. The PALM
ers lived at 270l Connecticut ave-
nue. NV. He was a member OF the
University Club.
Besides his wife, he leaves his
parents, Mr.. and Mrs. William B.
Palmer of Beverly Hills, Calf, and
two brothers.
Funeral services will be held at
II am. tomorrow in the Chevy Chase
Presbyterian Church, Chevy Chase
parkway and Connecticut avenue
NV. Burial will be in Richmond,
Va.
Evening star., 1946-12-13
Mrs. Louis CoNegeman
Rites Held Here Today

Funeral services for Mrs. Anne
Shoor Collegeman, SO, wife of Louis
H. Collegeman, washington build
ing contractor, were held this morn
ing at the Danzansky funeral home
3501 Fourteenth street NV. Burial
was to be in the Washington
Hebrew Congregation Cemetery.
She died Wednesday at her home
4S00 Georgia avenue NV.
Born In Albany, N. Y, Mrs. Col
legeman came here in 1917 to take
a wartime job with the Govern
ment. During World War II she was
dietician in Emergency Hospital.
She was active in the Red Cross
and was q member Of the Organiza-
tion for Rehabilitation Training
and Of the B'nai BIRTH Society.
Also surviving are two sons, Sid
ney M. and Edward D. Collegeman;
q brother, Samuel Shoor; five sis
tiers, Mrs. william A. Nathan, Mrs,
Charles smakwitz, Miss Bessie
Shoor, all Of washington; Miss
Evelyn Shoor Of Albany and Mrs
Daniel Goldstein Of Hampton. Va
and two grandchildren.
Evening star., 1946-12-13
Funeral Rites Tomorrow
For Mrs. George F. Spunn

Funeral services for Mrs. Pauline
Clayton Spann, wife of Col. George
F. Spann of the ~Quartermaster
Corps, will be held at 10 am. to-
morrow in the Fort Myer Chapel.
Burial will be in Arlington Gene
terry.
Mrs. Spann died In San Juan,
Puerto Rico, November %. Her
husband Is stationed at Fort Bu-
chanan, Puerto Rico. "A native of
Okla, she lived in Wash
ington in 1896 and 1897, when Col.
Spann was on duty at the Army
Industrial College.
Besides her husband, she leaves
two daughters, Miss Leona D.
Spann, a student at the college OF
William and Mary, Williamsburg,
Va, and Miss Helen r.. Spann; a
son, Capt. Frederick G. Spann, sta
TONED at the White Sands Proving
Ground, Las Cruces. N. Mex, and
a brother, Junius p. Clayton OF
Ozark. Ark,
Evening star., 1946-12-13
Iran
CONTINUED From First Page.) J

Mianeh mingled with soldiers and
joined in search for hiding
Democrats.
One group Of prisoners was
marched into the town from the
south. Just outside Mianeh the
population of tiny Azerbaijan vii
lage had not yet heard the news
of the surrender of the provincial
regime. The villagers reported it's
forces had fed in great haste in
trucks and automobiles during the
night.
1t was the same story until the cor
respondents reached Turkmanchai.
scene of the Russian-Persian treaty
of 1928. There they began to en-
counter trickling bands of Fedaies
making their way toward TabriZ on
foot and on horseback. Most of them
were armed, but they made no effort
to interfere with our car.
There was no other motor traffic
on the road until the correspondents
reached Shibli Pass, 80 miles from
Tabriz.. The largest and only Or
ganized group of Democratic"
forces consisted of about 25 horse
men. Most of them wore Russian
type uniforms.
A call having been made from
Turkmanchai to the American con-
sui. Lester Sultan, at Tabriz, the
villagers along the telephone line
knew the correspondents were COM
ing. Iranian flags were flying in
every village.
Near Tabriz the correspondents
began to see bands of Azerbaijan
Army conscripts making their way
out of the capital to their villages.
Tabriz, ironically, was scheduled
to have great parade today on the
first anniversary of the founding Of
the Azerbaijan provisional govern
mept
Evening star., 1946-12-13
Chest
Continued From First Page.)

(COnt1nueQ from f1ISt EdBtJ
posters informing the public OF this
service.
Agencies Asked for Estimates.
The 10 agencies OF the Arlington
Community Chest have been asked
to estimate the minimum amount
they can operate on in l947 ano
submit this report to the Chest Fed
Grafton Budget Committee by next
Tuesday.
Anticipating a sizable deficit even
after final returns are in from all
sources, the federation has revised
its 1947 ALLEGATION to the Arlington
Chest downward to $94,790. This is
8 per cent less than the budget OF
$I03, $50 the federation Budget Com
mittee approved for Arlington be-
fore the campaign started.
The Arlington cut is in line with
the reduction announced recently
for the Washington Chest. Reduc-
tions viii be announced soon for the
other Community Chests-Alexan-
dria, Fairfax, Prince Georges ana
Montgomery.
The $s4,790 to be allotted to Ar
is approximately the amount
its agencies received in 1916 when
two Of them, the Veterans Memorial
YMCA and the Arlington Com
munity Council, were not in full
operation.
Letters Going Out.
Pointing out that some OF the
agencies can stand a budget cut
better than others, Hugh McGrath,
head of the Arlington Budget Com
mittee, said the Chest wanted to
avoid an "across-the-board slash.
Each Arlington agency has been
asked to submit a statement Of its
total expenses for 1916, minimum
requirements for 1947 and an an
alysis Of any item in the 1947 budget
which exceeds the amount spent
In 1916.
The Arlington campaign has
reached a total Of s43,461, or ~
per cent Of It's 100000 quota in the
over all drive, Stephen Nj. Smith,
unit chairman, announced. He said
letters would be sent this week to
1900 residents who have not been
solicited personally.
Evening star., 1946-12-13
Nimrod Hogue Johnson,
Utilities Executive, Dies

Nimrod Hogue johnson. 70, retired
Indiana utilities executive, died
Tuesday in Richmond, where he
was on q visit, 1t was learned here
yesterday.
He was the son Of the late Henry
Underwood johnson, Republican
Congressman from Indiana in the
1905, and q descendant of an old
Loudoun County (Va) family. AS
a young man, he lived in the Dis
trict and worked on Capitol Hill.
In later years, he held various
positions with the Indiana utilities
Arms. He retired nearly 20 years
ago. His wife. the former Miss
Josephine Hunt, died in 1928. He
was a member OF the Elks and the
Blue Lodge of the Masons.
Surviving are two daughters, Mrs.
Charles Garside and Mrs. Edward
Wilson, both Of New York; two sons.
Henry Underwood Johnson, Of Bos-
ton, and Meredith johnson, employe
of the War Assets Administration
here and five grandchildren.
Funeral arrangements have not
been completed.
Evening star., 1946-12-13
Mrs. Mary T. Mcdonald,
District Resident, Dies

Mrs. Mary Elizabeth Mcdonald,
68, widow of John L. Mcdonald, who
was prominent District steel con-
tractor, died yesterday at her home,
1922 Beecher street NV, after q
brief illness. She had been In poor
health since last December.
Born in Worcester, Mass, she
lived here for more than 40 years.
Her late husband was killed 10 years
ago by a falling steel girder in the
Benning viaduct construction at
Benning road and Kenilworth ave-
nue. NE.
Requiem mass will be said at
9 am. tomorrow at st. AIMS
Church, 4400 Wisconsin avenue
NV. Burial will be in Fort Lin
coin Cemetery.
There are no immediate survivors.