davidaulloa/AmericanStories huggingface dataset:
Evening star., 1946-10-11
Stock Market Resumes
Recovery Drive, but
| Momentum Is Lacking
By Victor Eubonk
p,s Eln1nr;oi Writer


NEW YORK, Oct. 1.-THE recov-
ery drive was resumed in today
stock market, although momentum
was lacking.
Dealings tapered after a fairly
active opening and extreme gains
running to 8 or more points were
reduced in most cases near the
fourth hour. ..
Belief that the technical upswing
could 60 considerably farther, CON-
mission men said, inspired GER
tain amount of bidding and short
covering Expectations for decon-
trolls for meat and other consumers
goods also were credited with re-
viving bullish ideas.
Better performers included United
States Steel, which opened a trif1e
late on a 3,000-share block, up 2;
Bethlehem, Santa Fe, Southern
Railway, Northern Pacific, Good
rich, Chrysler, Montgomery Ward
Woolworth, J. I. Case, Eastman
Kodak, Johns Manville, Allied
Chemical, Cudahy, Du Pont, Amer
lean Smelling, North American and
Electric Power g. Light.
Occasional stumblers were Union
Pacific, Great Northern, Goodyear
Union Carbide, American Can ano
American Water Works.
Selected bonds improved.
Evening star., 1946-10-11
Chicago Grain

CHICAGO, Oct IL P.-Higher Prices
were registered by corn futures today as
ton to await Developments in the meat
shortage Wheat moved within narrow
range, while oats, ahead early, retreateo
on commission house selling toward the
close.
Developments regarding meat and 1--we
stock were the center OF trade attention
ceilings would be removed from hogs and
cattle. II livestock prices then advanced
feeding of corn to livestock on farms wouit
Another Strong market developed in cash
corn. Grain grading No, 1 and No. and
cents from yesterdays highest price. Cash
dealers said old corn was purchased at
S2O2 to S2O4 for immediate delivery
Country offerings were very light. totaling
only $4,000 bushels.
Wheat finished 3s-h higher: January,
2.06ta; corn was up 1a-l "a; January
45hs-4: oats were / ls lower to % higher;
November, S5L-L2
Evening star., 1946-10-11
Business Briefs

Warm, Clear Weather in most
sections spurred shopping in the
week ended Wednesday-Dun &
Bradstreet. Sales increased sharply
after the slight setback OF the pre-
vious week and averaged 229o to 26fo
above year ago.
Money in Circulation totaled $28,-
SOB 100000 on october 9, a gain OF
$82,O0O,0OO from a week earlier and
s646, 100000 above year ago
Federal Reserve Board.
Commercial, Industrial and Farm
Loans of New York City member
banks jumped s75,0oO,000 more in
the week ended october 9. 1t was
second largest gain since loans
started climbing in July. Most of
the gain in commercial loans came
from borrowings for tobacco and
cotton inventories and from loans
to soil firms.
Automobile Production in the
United States and Canada was esti-
mated at 84,421 units this week VS..
a revised total of 1925 last week
Wards Automotive Reports.
United Public Utilities Corp
amended plan for a cash distribu-
ton of $3,331,672 to its preferred
holders was ordered into effect by
the SEC.
St. Regis Paper Co. is negotiating
for purchase of three newsprint and
paper mills from Time, Inc, but an
nounced it may take 30 days to
complete the discussions.
r. ]. Reynolds Tobacco Co. will
raise the list price Of Camel Gig
arettes 26 cents a thousand October
Ia but after trade discounts, the
increase will be % cents. AS result
one of the major brands will sell at
a slight discount under competitors
who raised prices earlier in the week.
Greyhound Corp. will redeem
s5,O00,OO0 of it's outstanding 10000
900 $50 sinking fund debentures at
1886 and interest as soon as the
ICC approves.
General Electric Co. orders in the
llISI vi 1O1o OoOoASe
$3.50, ,563, 900, drop of less than 10
from a year ago. It's current back
log exceeds $45O,O0O,0OO and is only
slightly below year ago.
Industrial Rayon Corp. earned
s6,417,304 or $408 share in nine
months ended September 80 VS..
S1385,117 or SO cents a year ago.
Southwestern Bell Telephone Co.
net income for eight months ended
August 81 was $14,438, ,621 VS.. $11 ,044,-
GIG in the same 1945 period.
Bell Telephone Co. of Pennsyl-
vania earned $9,040,445 in eight
months ended August 81 VS.. $685.
564 a year ago.
National Airlines, Inc, profit for
two months ended August 81 was
S191 ,984 or Is cents VS.. $59,305 or
IL cents in the same 1945 period.
Northern Pacific Railway earned
s1,841,554 or IA cents in eight
months ended August 81 VS.. $685.
800 or $3.50 a year ago.
New York, New Haven & Hartford
Railroad reported a deficit of S.
677,127 for eight months ended Au-
gust 81 VS.. net income of s7,824,31
in the same 1945 period.
Missouri Pacific Railroad trustee
asked Federal Court permission to
purchase sl0,495, 900 worth of new
rolling stock.
Chicago g. North Western Rail-
way asked ICC permission to as
sumo obligation for $10,l40,000 of
equipment trust certificates to help
finance purchases of new equipment.
New York Central Railroad re-
ceived it's first all-stainless steel
railway passenger car since the war
from the Budd Co. 1t has ordered
720, of which 239 will be built by
Budd.
Evening star., 1946-10-11
Dividends Announced
Chicooo Livestock

CHICAGO. Oct, II lP tUsDAl-salIi, !,
able hogs 700: total. loo; steady; all
good and choice barrows and gifts as wei
the ceiling: very good and choice bar
rows and gifts in run.
Salable cattle, 1900; total, 1900; sal
dominating, dom mostly $3.50 cents higher:
grass heifers showed advance but not
enough heifers or slaughter steers here to
make a market undertonss "A Arm; ..rscs,S go1d
GOOD western heiferettes up to 1850:
Gamers and cutters; cutters mainly o3i 5os .So So
bulls strong to 25 cents higher; most me,
dium and good N medium m weight weight ana nn1
evenly strong to 90 higher; good and
eiiSasI Saiable sheep, $500: total 5000; ac-
tive; slaughter lambs, % cents higher; top
and popular price for good and choice
natives 205o: small lots medium West
erns 1900; common natives down to
1880; package good and choice shorn
yearlings steady at 700; shorn slaughter
ewes steady. good and choice, 10 25-l0 SO;
around 500 head common Westerns, No. l.
r,elts 500 90
Evening star., 1946-10-11

NEW YORK CITY
IS 80 ---- 1b
FOREIGN 2:a
Australia 3As561oo'
Braz 3As 4 ser So
Braz 3As 20 ser 81
Buen A 4As IT. 81
Colombia IS 70 So
Denmk 4ks 62 80
Norway 4Has Sc 1o@l
Peru lst IS 60. ~
DOMESTIC ga
Am q FP6s2030 lo6l
Am T&'T 80 6b 80
Am T&T 2AsS0 100
AtlCoastL4 1as641o3
AtlRefin 2Ms66 1o1'
BOO IS A----- 81
B&O 96 c. 70
BIO 1000 d. 81
B&O cv Co., AZ
BIO As A.. 95
B&O So Wsn SO 80
Beth Stl 2As 10 1o1l
Bost Me 4hs 70 So
Bost Me As 80 66
Burl CR&N5s34 -
CentPac1st4s49 los
Chi&Alton3s49 81
Chi Il e ! inc 81 50
COW 4Ias 203S AZ
ChiI&L4 Hs2003 36
ChiI&L inc4s83 so
CMStP4hs2O19 81
CMStP4as2044 50
Chi&NW 4Ms99 -
GRIP 4hs b2 A ~
GRIP 4hs co. -
GRIP As SS - 81
GRIP RI - "a ~
CCC StL 4Ms77 -
CIevUnTr4Has77
Col 81 80 4hsSO 50
Del L&W4s2042 4o
Dn&RGW 6s55s J
GM&O 3s4s 80 -
Hud Coal 5s62A II
Hud&M RI IS 81 90
Hud&M in IS 81 24
&c 4As SO 76
ICCStLou bs63A 65
ICCStLo 4Hzs63. 30
Evening star., 1946-10-11
Building, Loan League
Plans Reelection OF
SanteImann as Chief
By Edword {. Stone

Rudolph w. Santelmann is slate'
for. reelection as president of tn
Districs Building & Loan League
at the annual meeting to be held a
the Mayfiower Hotel Tuesday eve
ming, October 90, it was announced
in the financial district today.
E6pard C. Baltz, secretary CT th
Perpetual Building Association, witt
Chaplin B. Bauman, president of th
Oriental Building Association, ant
Martin A. Cook, secretary OF tn
Enterprise Building Association
compose the Nominating Committee
The election will take place jus
before the annual fall dinner. Re
ports from officers and committe,
chairman will be presented.
Many special guests, including
o. K. LaRoque, president of tn
Federal Home Loan Bank of Win
ston-Salem, and high treasury Off
cials, will attend the dinner.
Barker With Suburban Bank.
Willard G. Barker, vice presiden
Of the City Bank since his return
from military service year ago, ha
been elected vice president of tn
Suburban National Bank OF Silve
Spring, to succeed George T. Day
resigned, T. Howard Duckett, boart
chairman, announced today.
Mr.. Barker served more thar
three years with the Army All
Forces, leaving the service as lieu
tenant colonel. Prior to his mill
tary service, he was president OF th'
Morris Plan Bank, now the Citizens
Bank of Washington, for IL years
In all, Mr.. Barker has had 2;
years banking experience, ranging
from teller to president. A Vir'
ginian, he is a graduate of the Uni
versity of Richmond.
Association Grows Rapidly.
Names of "a new members of tn.
District Life Underwriters were reas
at yesterdays luncheon at the May
flower Hotel by Neal McCord, pres
ident.
H. Cochran Fisher, national com
mitteeman, reported on the recen
national convention at Cleveland
presenting the program highlights
The national organization now ha!
$4,000 members.
j. Allen Maphis, member of the
Washington association, who ha;
been seriously i'll for months, il
greatly improved, Mr.. McCord re-
ported The guest speaker, Frank
L. McFarlane, presented many ideas
to increase production.
Firm Plans Foreign Sales.
Many Washington insurance mer
were guests Wednesday afternoon 81
the opening of new Offices of United
Life Insurance Co. and international
Underwriters Corp. in the Barr
Building.
Howard de FranceauX, manager o1
the United States Life Office, is q
native of Washington, member o1
the Touchdown Club, Junior Boare
of Commerce and Washington Boare
of Trade. This firm is planning te
push its business in foreign fields
Internationals Office is in charge
of George M. Rose, with Herbert
w. Brown as local underwriting rep
resentative, both men of wide expert
ence. Guests at the opening were
greatly impressed with the new
Offices.
William M. Ritter of Washing
ton has resigned as a director OF
the Virginian Railway. j. w. Da-
r,oeron of Columbus. Ohio, succeeds
him.
Evening star., 1946-10-11
New York Cotton

NEW YORK, Oct II P.-The cotton
futures moved higher in active dealings
today, supported by persistent mill buying
against textile orders along with commits
The upturn was influenced by reports Of
increased mill demand for the staple
favorable September consumption forecast
and private reports indicating the crop
had deteriorated further in parts of the
Southeast since the Government October l
forecast.
There was considerable hedge selling,
which was readily absorbed.
The 1947 crop deliveries Jagged on the
advance, rejecting the possibilities OF
large crop next year.
Late afternoon prices were ST.. 10 bale
higher to 20 lower. October, 1891; De-
cember, 1916, and March, 3S.2S.
Evening star., 1946-10-11
.Wushinqton Produce

From the Department Of Agriculture.
Prices paid fob Washington.
EGGS-Market firm; receipts light: large
fresh eggs slow sale; mediums and good
storage stock in fair demand Prices
paid for Federal-State graded eggs re-
ceived from grading stations October l! ::
Whites, browns. mixed colors, U. S, grade
A. large, rs; mediums, SO: Western Graded
and nearby commercially graded. A large.
$3.50; small. 36-39.
LIVE POULTRY-Market irregular; re-
cepts moderate; demand fair Fowl. heavy
type, 37-40; light type, 80; heavy type
roasterS, fryers and -broileTs, 53-54; tur-
KEYS. toms. AZ: hens. 52-53
DRESSED POULTRY iced and Western
box packed Market firm: demand fair to
good receipts moderate. Fowl, heavy. so:
roasters. 60-62: fryers and broilers. 5s-60
Evening star., 1946-10-11
Market AVERAGES
Odd-Lot Dealings

PHILADELPHIA, Oct. IL (P.-The Sc
curities and Exchange Commission report
ed today these transactions by customers
with odd lot dealers or specialists on the
JOt)SI purchases Involving 294, 1853 shares;
Z 400 sales involving 243, 3,SS9 shares IN
cluding III short sales involving 4,3So
Evening star., 1946-10-11
Higher Wholesale Prices boosted

the Bureau of Labor Statistics index
to 125.1qo of the 1926 average in the
week ended October S. This was $50
above the preceding week, liz above
the end of June and 1880 above
October, 1945, and 31.5% above 1927
levels.
Evening star., 1946-10-11

Hourly Sales on the kxchanSe To-day:
II 100 am 41o 600 1900 noon o $50 600
100 p.nn o7o 600 900 m o 600 900
in full sIn Bankruptcy or receivership OF
being reorganized under Bankruptcy Act,
or securities assumed by such companies.
Rates of dividend in the foregoing table
are annual disbursement based on the last
quarterly or semiannual declaration. Un-
less otherwise noted special or extra divi-
xr Elk rights Also extra or extras. Plus
stock dividend. d Cash or stock. De
clared or paid SO far this year Payable
Canadian funds kAccumulated dividends
paid or declared this year. n New issue.
Evening star., 1946-10-11
REPORT OF CONDITION OF
THE NATIONAL CAPITAL BANK

Charter No. 4107.
Evening star., 1946-10-11

D. OF business September So 1885,
Comptroller
Section 5211. Statutes.
Evening star., 1946-10-11
Washington Exchunqe

SALES.
National Bank Of Washington-10 at 175,
3 at I15.
Capital Transit Cos at 80, so at 80
Washington Loan a. Trust Co.-10 at 375.
Hotice-This exchange will be closed to-
morrow-columbus Day
BONDS.
The journal. (Caldwell, Ohio) 1934-1961, 1946-03-28
DELINQUENT LAND
WILL BE READY
TO SELL IN APRIL
Sharon, BrOOkfeld
Townships Listed AS
Free of Delinquent

Compiling, checking, listing and,
totaling the delinquent property in
Noble county is moving forward to
the end that it will be ready for sale
to the public within the next month
or two, according to the records on
file at the office of Auditor Ray
McVay.
Eleven townships, including the
municipalities, have been completed
and the officials are now working on
Olive township. Those remaining are
Stock, Wayne, and Noble. Noble
township is considered the worst
and it may require several weeks
to check and recheck all the delin-
quent property, particularly the coal
lands. In every instance, it is the
delinquent coal porperty that has
slowed up the clerks
Sharon and Brookfield townships
are the only two in the entire county,
where all property, excluding coal,
is free of delinquent tax. 1t will be
remembered that the village of Shar-
on had one lot delinquent, but
this has since been paid and it is
now entirely free. Sharon has ap-
proximately 320 acres of coal prop
erty or lands with delinquent taxes
listed against it. There is an even
greater number of acres in Brook
field township but no delinquent
Every other township, including
Caldwell, Harriettsville, Summer
field, Whigville, Dexter City, Sarahs-
vile, Belle Valley, Fulda and Bates
Vile, show owners delinquent in their
taxes. They have all been listed as
forfeited to the state and will be
sold at public auction, probably in
April.
Treasurer Pryor pointed out that |
several thousand dollars have been
oaid into his office since work was |
started On the delinquent property |
ist. This is of course permissible
md the officials would prefer to see
he taxes paid, rather than be forced
% sell the land.
The new list of delinquent prop
,rty in the county cannot be COM
,iled until Treasurer Pryor and
Auditor McVay complete their set
lement on the first half of the 1945
cal estate tax collection.
The journal. (Caldwell, Ohio) 1934-1961, 1946-03-28

way wreck included: Pryor car
Myron Pryor, II, South Olive: Belle
Dennis, 81, and Maxine Mcfarland,
II, both of Caldwell; Baker car
Floyd Baker, II, Keithtown COM
munity; Smith car-Harold Smith,
Is, and Harry Smith, IA, both of the
Summerfield community.
The accident was investigated by
the state highway patrolmen from
Cambridge and the charge against
Baker grew out of their report. Two
of the cars were going south and
the other, north, and the accident is
said to have occurred when one at
tempted to pass the other.
The Smith brothers, son of Mr..
and Mrs. Harley Smith, had at
tended the show in Caldwell and
were enroute to a filling station for
gasoline, before returning to Sum-
merfield.
The frequent number of accidents
occurring here, as well as those in
the past led one patrolmen to be-
lieve that Noble county was the
worst in the entire district.
The journal. (Caldwell, Ohio) 1934-1961, 1946-03-28
Leo E. Carter Will
Head VFW i'm County

At their regular meeting last
Friday evening, Leo E. Carter was
elected Commander of Noble Post,
No. 4721, Veterans of Foreign Wars
for the ensuing year.
Robert Lorenz was named senior
vice commander: Lamar Dowling,
junior vice commander and William
Rucker, trustee for a three year
period.
All other officers are appointive
that constitute the complement of
the post and there will be no great
changes in these officers in order to
make more effective the program of
furnishing and finishing the new
home and the program of activity
for service.
Other business transacted was a
donation of S25 to the VFW Orphans
home.
All work in the repair of the
building thus far has been conducted
by volunteer crew of members and
will continue in the same manner
until completed under the leadership
of very able committee.
All veterans having foreign SER
vice are invited to become members
or visit the post during their regu-
lar meetings, the second and fourth
Fridays of each month.
The journal. (Caldwell, Ohio) 1934-1961, 1946-03-28
HAS
OF $7,634.O9
Other Funds Show
Surplus, But Transfer
Not Allowed By Law

As municipality, Caldwell is very
little different than others in sur
rounding counties, for they finished
their 1945 operations with an in
debtedness or over-draft of S7,634.O9,
according to the figures in the finan-
cial report released this week by
Mrs. Violet Morgareidge, clerk.
Actually, the village operated with
a debt of $502.49, for they started
l945 with an Over-draft of $7,131 so.
Each year the Indebtedness will in
crease, for there is very little of any
source of revenue to build up the
general fund and thus cut down the
debt.
Mrs. Morgareidge pointed out that
an inspector had not been here since
l94l and it is possible that they will
have ways and means of cutting
down the debt.
Revenue for the general fund is
derived from the cigarette tax, clas-
sified and general personal property
tax, which in itself are very small.
All fines from cases brought in by
the state patrolmen eventually find
their way to the street maintenance
fund.
The gasoline tax revenue goes in
to the gasoline tax street repair
fund and the auto registration fees
to the street maintenance and repair
funds, both of which show a surplus.
But the money must remain in this
respective funds and cannot be
transferred.
The waterworks fund is the only
other showing an over-draft of
81 222.57.
The actual bonded indebtedness is
$4,000, according to Mrs. Morgan
edge, incurred for necessary inn
provements at the light and water
works plant. The last bond will be
paid off in 1859 and bonds in the
amount of $4,000 retired this year.
Balance of the bonded indebtedr >ss
will eventually go into the general
fund.
III val AOAo flllSiSC 1uluSy SIlOW-
ing surplus during the 1945 opera
ton, are as follows: auto license
street repair fund, $17,326.64; gaso-
line tax street repair fund, s12,-
230.95; cemetery fund, $1,951.13; fish
fund, $877.71; electric light fund,
SIC, ,584.83; sinking fund, $13, ,727.54.
Total cash balance at the end of
The year was s36, ,323.16, but it must
pc remembered that this represents
'evenue which cannot be transferred
% the general fund, operating in the
ed. ..-..
The tax valuation of Caldwell was
listed for 1945 at 1,158 292.O0.
The tax rate for village purposes
Turing 1945 was 400 mills and for
ther purposes, SLIGO mills, making
total of $50 mills.
Salaries and wages paid during
ne year to all employees of the
illage amounted to $2O,341.S3.
The journal. (Caldwell, Ohio) 1934-1961, 1946-03-28
John Hayes Buys
Meat Market Bldg,

John Hayes, prominent business
man in Caldwell for a number of
years, has purchased the building,
where his present meat market is
located, from T. w. Patterson, who
last week bought the entire business
block.
The exchange in transfers includes
the meat market building and that
occupied by Henry Bonds barber
shop. Mr.. Hayes stated today that
eventually he would erect his own
building, although construction of
same would not materialize for at
least year.
Caldwell and Noble county citi-
zeRs owe much to this busines man,
who worked untiringly during the
war, to furnish them with meat cuts
of some description.
At one time, during the critical
meat shortage Mr.. Hayes would
work in his shop all day and then
travel many hundred miles to attend
a stock sale to purchase what cattle
he could find On the hoof, butcher
same, and open his doors again until
the fresh supply had been exhausted.
He is now being assisted by his
son, Gerald Hayes, who was recently
from the army.
Community spirit such as this has
done much to make Caldwell grow
ing county seat.
The journal. (Caldwell, Ohio) 1934-1961, 1946-03-28
Noble County Receives
So, ,404.8O Motor Fees

The third distribution of 1945 We
hicle registration fees to registra-
ton districts in Ohio's counties was
announced today by State Highway
Director Perry T. Ford. The distri-
button will total $2,312,11. Warrants
were forwarded to county auditors
On Wednesday.
Noble county will receive a check
in the amount of $2,404.80. Auditor
Ray McVay will make the following
distribution:
County, $1,569.8O; Belle Valley
registration district, $3.50; Cald-
well, $237.5O; Sarahsville, $40; Sum-
merfield, $50 and the townships,
$500.
Director Ford also said that the
department hopes to distribute 1916
license plate fees in the latter part
of April.
First distribution of motor vehicle
registration fees for 1945 was made
by the highway department April
25, 1916. The second was made July
2, in addition to the five percent
equalization fund last October 25, at
which time Noble county received
$11 900.
Saturday is the deadline for Sc
curing new 1916 license plates as
they must be displayed after mid
night on Sunday, March 81, accord
ing to deputy registrar of motor
vehicles George Estadt.
The journal. (Caldwell, Ohio) 1934-1961, 1946-03-28
Brady, Pearl and Harry
Combine To Do It Again

When Brady Miller, Pearl Ralston,
and Harry Knox get together you
can bet your bottom dollar that
something is a-cookin' and their
latest brair-child came to light Fri
day evening at the closing per-
formance of the Booster club play,
"Pep Parade.
AS an added attraction to the
baby contest, a pic of Harry Knox
taken when he was four years old,
was secured and the voting jar
placed in Ralston's. Only a few were
let in on the secret, but the votes
poured in.
For the contest parade, Knox was
dressed in baby attire and won the
acclaim of the audience. Knox went
them one better and took up a free
will collection, all of which was
turned over to the Booster club.
Beth Wood, daughter of Mr.. and
Mrs. Marvin P. Wood, was the win
ner of the girls. Donnie Boyd, son
of Mr.. and Mrs. Clair Boyd, and
Billy Hayes, son of Mr.. and Mrs.
Chester Hayes, tied for honors
among the boys. All three received
lovely gifts.
A large number attended the
home talent play and the entire cast
gave an excellent performance. The
Booster club realized approximately
S125 for their athletic fund.
The journal. (Caldwell, Ohio) 1934-1961, 1946-03-28
Family Perishes
From Fire Explosion

Mrs. Everett Clemens and her
two children, we'll known in Caldwell
died last Thursday morning, from
burns sustained, when an explosion
occurred as the mother was starting
fire with kerosene.
The victim was the sister of Mrs.
Roy Clark, Belford street, and has
visited several times with relatives
here.
Mrs. Clemens and her two chill
dren, Everett Warren, Jr., age 8
years and Evan, Is months, resided
in Leavitsburg, Ohio. The explosion
occurred Wednesday evening and the
husband, returning from work found
his family unconscious.
They were taken to the Warren
City hospital but they never rallied
and death occurred Thursday morn
ing.