davidaulloa/AmericanStories huggingface dataset:
Evening star., 1947-07-24
Acacia Life Policies
Pass S750,0O0,0O0
D. {. Office in Lead
By Edward c. Stone

William Montgomery, president
ef the Acacia Mutual Life Insur-
1nce Co., reported today that in
1lfrance in force passed $750, ,O00.-
100 in the first six months of this
gear, paid-for business during this
4eriod amounting to 100000, 900.
: Assets increased more than ST.
Boo, 900 to a total of $176 000, 900, an
Sll-time high. Mr.. Montgomery
Said. adding that the mortage loan
Account had increased more than
t7O00, 900 in the first six months of
3947 as compared with $2,0G0, 900 for
1he same period last year.
I. The report stated that the Dis
4rict of Columbia branch, under the
direction of Joseph A. Barbeau,
manager, led all other Acacia Of
4ces for the six months. paying for
more than 100000 of business in
thts period.
Second National Celebrates.
The Second National Bank, which
WAS organized on July "a. 1872. was
Quietly celebrating its 18th birthday
anniversary today at the G street
Ind Seventh street offices. Both
Sffices were brilliantly decorated
With flowers. many from other banks
and from patrons.
I The Second National has moved
forward steadily, especially in recent
Years. Deposits on June 80 stood at
lac ,s25,571 against. s12,60l ,252 just
nefore the war. Resources now total
$50. .404,2 ,224.
Victor B. Deyber is chairman of
the board, John A. Reilly president.
and Stuart S. Ogilvie. vice president
in charge of the Seventh street
ONCE
House Passes FDIC Bill.
The House Banking Committee
today approved legislation to place
the Federal Deposit Insurance Corp.
on a self sustaining basis through
gradual retirement of its capital
stock. The Senate has already
passed q similar bill.
The FDIC must retire the stock
by payment to the Treasury of the
funds which that agency and the
Federal Reserve Banks have invest
ed in the stock.
The FDIC would maintain ST.
900, 900 900 fund through assessments
paid by insured banks and income
on Investments. Funds to be re-
tired total about $3.50 900.
Firm Votes 500th Dividend.
PAYMENT of its 500th consecutive
dividend was recently authorized by
the American News Co. when direc-
tors declared the regular bimonthly
disbursement of Is cents per share,
payable September IS to stockholders
of record September S, the Washing
ton office announced.
With cash dividend paid in every
wear since its founding 83 years ago,
the company's record for continuous
distributions is one of the longest OF
any corporation whose securities are
listed on the New York Stock Ex-
change. The company is very
large distributor of periodicals, both
directly and through the Union
News Co.
Hecht Common Climbs.
Hecht common sold at 261a on
the Washington Stock Exchange
yesterday, an increase of four full
points since the last previous sale.
Recently bids for the stock have
been advancing steadily. passing 26
even with the stock exdividend. The
preferred has been moving up on
the New York Exchange.
Evening star., 1947-07-24
N. Y. Bond Market
rSis1s6 sEIstrsYn sY r. Ts+ Assifs:S s issI sr'''

TREASURY 2:3G
2szs B1A8---. 1o1 0
gas 6A-61-- los II
2hs 1857 Dec loz q
WORLD BANK
Int Bk 3s 72 wi1o2 Z.
IntBk2As57wi 1o1 II
FOREIGN e:3G
Australia 5s So los
Chile 6sJan6l q "a
Denmk 8 1as 55 S5
MeK4s04asd54n IN
Netherln 3a4 81 96N
Norway 4Hs So 0oH
Peru Is 80 10
DOMESTIC 2:3T
Am T d T 3s 56 ll5N
Am T&T 234s6l 1l3A
AmTGT 234s 30 1ol
Am T&T 2s4sS2 1905
AmTobacco3s62 1861
A T s r As 95 12o5f
ATSF al As 95st lis
BIOL stMte4SSt D7N
Balt&Oh 5s085 S.
B b o CIV Co.. 52K
B d O As 4S 96ik
B & oPLE As 80 -
Bost Me 4Has 70 50
Can Fac As perp lo3k
Celanese 3s 65 lo4iz
Cent Ga cn5s45 S5k
Cent Zach 4s5l -
CenPac 1st4s49 lo3y
Cn RR NJ IS 81 3AN
Chi&E I inc 81 AN
CMStP4las2O44 50N
Chi&NW 41as99 II
Chi Ry IS 27 rs
GRIP 41as 52A- 6lk
GRIP 41as 60 l6M
C r ! p As 8S .-- 06A
GRIP RI Is "a 55
Col & So 41asSO 5oih
Cons P gas 75 1861
Del LGW4s2042 50N
D&Rin4h2O18wi5 5olh
G. MAO 2044 B 1914
HackWat2sss76 1o1N
Hud&M RI IS 81 50ih
Hud&M in IS 81 1874
I C 3Kas % --- 100
I c rf As 65 100
Evening star., 1947-07-24

Fansteel Mtl A.e 15l4iUtd LtaRys hg 72ss
Rates OF dividends In the foresoina
| table are annual disbursements based on
| the last quarterly or semiannual declara-
tion. Unless otherwise noted, srecial OF
extra dividends are not included; Also
extra or extras. Plus stock dividend
able in stock. Declared or paid 20 fal
this year. h Payable in Canadian funds
< Accumulated dividends paid or declared
| this year. New issue. WV With warrants
| XIV Without warrants
Evening star., 1947-07-24
N. Y. Curb Market
cHANGEn FR0M PREYIoHs CL0sk.

20 Gen Build Sup 81
ehI Gen Plywd .s0a 21h
3M| Gobel Inc .3OG-. 4
'Sn Goldfield Cons ~
9h Humble Oil 2 8
FL Jim Brown Str. 5Ls
Ah kAiser-FraZer Q
. LakeShoreM.36 l2N
Loh Lakey Fdy .30g ~
ohLanstonMMch l II
l2A Logans Distill - 7iA
6A Lone star Gas l 1oH
5NLouLandkEx.80 lSN
W|Mesabi Iron - "a
MMidStaPwB vic SA
3MtMidWestCrp Ab IAN
Midi Stl n-cum2 30
12A Mining Cp Can ~
Mt City Copper Ia
4 .INatBellaIH. .2Oe- IA
4 Nat Fuel q SO 12N
N N J Zinc 11ag S7H
loM Niagara Hud Pr >
lzW Niles-Bem .30g 1lN
loM No Am 1t 4 Pwr oLs
>9N Pan Am Air war Ns
"a Pantepec Oil "a Sss
y Pennroad he 6A
INPep Boys Ag-- s
3N Pioneer Gold 3N
s3h Pitney-Bow SO I'm
Hs R-K-O opt war ~
10 Raytheon Mfg 81
- Richmond Rad 6N
SM RioGrValG .1Og Z
l3h RonsonArt / 20 - :
3oN st Lawrence Cp 13N
11IStLawrence pf l 1854
~ Schiff Co Ia 33
~ Segal Lock ~
Solar Aircraft .
ioN Solar Mfg ---- ;
," ISoss Mfg --- o
l3A IStd Pwr & 1t - 236
n Texon O&L 40 1lN
Z Textron Inc 1aE. 1874
AKLiT-s ~--xI 4NL
Evening star., 1947-07-24
FOREIGN Exchonqe

NEW YORK. July "a P-Foreisn sx.
change rates follow tGreat Britain in dol.
lars, others in centSl:
Canadian dollar in New York open mar.
ket, ~. per cent discount or 30 1871
United, States cents, UP "a of q cent
Europe-Great Britain. 402A un-
changed: France tfrancl. .S4h Of cent.
up .00is; Sweden tkrona, 27.s5. un.
changed: Switzerland 0rancl (commer.
cian, % 40, unchansed
Latin NEUTRALITY-SUSPICIOUS.. free. 24.ss.
changed; Mexico, 2o.es, up ,6I of cent.
Evening star., 1947-07-24
Chicuqo Groin

CHICAGO, July "a t4o.-An grains sank
into lower territory on the Board OF Trade
today Prices broke quite sharply at one
time. corn falling more than 4 cents
bushel, but some recovery developed prior
to the close.
Midwest, which should help corn growth,
created some of the liouidation: While
the,e were reports of corn tasselling on
short stalks, grain experts said yields are
not dependent on the height of the stalk
when the grain tassels.
ing paid to the very large crop. Grain
was reported piled on the ground in Kansas
and it was generally felt large shipments
to market would continue for some time
In the Northwest glowing reports were
heard on spring wheat progress.
Oats slumped in sympathy with corn.
Reports on yields varied widely in different
sections of the country. Lard again was
weak.
Wheat closed 1A-2h lower September
2 .35A .36; corn was l2-234 lower, Sep
temher. . 0&A- u. and oats were "a to
Evening star., 1947-07-24
New York Cotton

NEW YORK, July "A 4P,.-cotton fu-
lures were reactionary today on recurrent
hurries OF liquidation and hedging against
new crop ginnings.
selling was Influenced partly BY the
lack of fresh incentives and uncertainty
over crop prospects. In early dealings
the market registered small gains on mill
buying. But later the losses extended to
more than 81 80 bale.
cents q bale lower than the previous close.
october, 1886; December, 34.15; March,
Evening star., 1947-07-24

II c xAs 60 e1ss
IntatNor Sc 81 1olA
|IntHydroEl6s44 1oc1k
|Leh CAIN 3las70 99z1
Leh vi 5s20O3st Ae
|LehVal4Ias2OO3 40
|Leh Val As zoos 36ih
MetW sSdEl4s3S j
MKT adj 5s67 7oA
Mo Pao 5lzs 40 22N
Mo Pac 5s n r -
Mo Pac gn As 15 30
|MorisdoE 4las55 STA
Mor&E3 as2O0O 6116
NeWEnRRR4s45 -
NYC RI IS 2013 06iA
|NYc 4Ias2O13A TIM
N Y c con IS % 7AM
NYCLS 31as 9S- 70
|NYNH&H Is 4S. 5lh
NYNH&H 6s 40 90
NYNH&H4las67 @9N
|NYNH&H As SO 40h
|NYNH&H As 81 15h
|NYNH&H31as47 @7A
NYOW IF As 82.- 1lh
NYWB 4ks 46 l5
Norf West As 96 ia
Nor p cit 4las7b 1olH
Nor Pac As 81 los
NorPac IS 2O47 7oss
PennRRs41as65 Ito
|pennRR4AsS4E 1o53<
RckIA&L41as34 -
StLSF 4Ias2O22 52M
StLSanFrn4S97 06
|StLSoWest 6s52 1o5lA
|StL SW ri IS 90 1o3A
|StPKCLS 1as41 45A
Seab iu4 4Kas20l6 6oA
Shell On 21as71 SSA
|Socony-V21as76 100
|SoPacific41asS1 -
Tex&Pac 3hsS5 1o4As
Third Ave IS 80 55A
I'm El Chi IS 45 40
UnivPict 3As591o2
Wabash 3As II 1914
Walwth BIAS rs S7l4
West Sh As 1851 60i1
West Un IS 81. 41h
West Un IS so 20
Wise Cent As 40 79A
Evening star., 1947-07-24

Hsurly Sales en- the E1ehanEs To-day:
II 200 an. 76o 600 1900 noon 600 900
1:OOpm.. $50 900 200 pm LAO 900
ruptcy or receiVership, or being orxaniled
under the Bankruptcy Act, or securities
assumed by such companies. Rates Of
dividends in the foregoing table are annual
disbursements based on the last quarterly
or semiannual declaration. Unless other
wise noted, special or extra dividends are
a Also extra or extras b Plus stock divf-
dend Cash or stock. Paid last year
Payable in stock. 9 Declared or paid 20
far this year. Payable in Canadian
FUNDS Accumulated dividends paid or
declared this year.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16

reported bringing the weekly
donations to $f,124. Previ-
ously reported was $6,343.
The total reported to date
$7467.
Donations are coming in
every day, according to Mr..
Rediger who expressed himself
as being pleased with what he
termed 1.-The remarkable re-
sponse" given to the children's
summer camp.
Ssscd Lake Location
NeveIopment of the Local II
Children's Summer Camp at
Sand Lake is going forward sac-
cording to schedule, according
to Frank Molik, camp director
Outside work which was hamp-
cred because of wet weather
has been making satisfactory
progress during the past week
while inside work is advanced
beyond the camp directors ex-
pectations.
The Sand Lake property was
purchased from the Will.O-Land
Club, a group of Toledo sports
men who accepted a greatly re-.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
Workers
Increase

Employees of the WHY'S
Overland Corp, members OF
Local IL, UAW-CIO were given
an liz cents an hour increase
last week in a wage agreement
between the company and the
union.
Approval Of the pact was
given by Unit members in a
special meeting held last Fri
day afternoon at Civic Audito-
rum.
Announcement of the agree
ment which will mean approx
mately S1,50O,OOO annual wage
increase for $500 WHY'S en-
ployes was made in a joint
statement by William E. Paris,
W-O vice-president I'M charge of
operations and Richard Gosser,
UAW-CIO director who COM
pleted negotiations with the
company.
Paid holidays were included
in the new contract which be-
comes effective next week.
Settlement of negotiations
and other Toledo plants had
been predicted earlier in the
week by Director Gosser.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16

duced price for the lake prop
erty in order to aid the union
establish the camp. The $25,
purchase price was a much low
'er figure than the appraisal
value of the property.
Plans call for establishing the
first contingent of children in
the camp between June Is and
20. The camping period will be
for two weeks duration. Direc-
tons for making application for
the camp will be released by
Mr.. Molik as soon as the regu;
lations have been given final
approval by the committee in
charge.
Gifts Are Listed
Following are the gifts listed
by Mr.. Rediger for the current
week:
Champion Unit, $1,000; To
ledo Pressed Steel Unit, $5O:I
Jerome r. Gross, $40; Stanley
$40; Orville Beemer,
$40; Howard A. Seren, S1O;l
Edward DeForest, $500; Nelson
Continued on Page 2
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16

meeting that steel prices
would not be cut, despite
first-quarter of 1947 profits
that were the highest since 1929
-totaling $39,234,511. The tre-
mendous profits are expected to
continue for at least five more
months because the industry
has orders piled up covering
that period.
Unless big industry begins to
ease its resistance to lowering
prices - and steel sets the pat
tern for producers of most high
cost items in the family budget
as well as for such homely items
as in cans for foods - there
seems to be little hope for the
10 percent price cut schemes
like the Newburyport plan.
Farm Products High
Prices of farm products, too,
will remain at record breaking
levels through this year, the
Agriculture Department predict
ed last week. Prices could de-
cline sharply" the economists
only if there is de-
preston and consumers simply
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
Phone Strike
In 9th Week

Striking telephone workers in
Toledo now nearing the end Of
their sixth week on the picket
lines showed no signs Of break
ing down and returning to work
this week despite sporadic set
Elements in other places in
volved in the nationwide work
stoppage.
While the local scene re-
manned peaceful, picket lines
were maintained by the strikers
before the Ohio Bell Telephone
Co. Huron st. office.
Nearby cities of Findlay and
Fremont reported more activity.
A group of Fremont pickets
were alleged to have tossed eggs
at scab operators who entered
the company's exchange there.
No arrests were made and the
demonstration dispersed after
Police Chief Herman Schneider
talked tough to the pickets.
In Findlay two Toledoans
were arrested, charged with as
sault and battery when they
were alleged to have pushed
scab operator who attempted to
enter the building. The two
were to appear on Wednesday
morning of this week before
Mayor Clarence H. Gassman.
Settlement of the strike while
believed to be nearer is being
made to a considerable extent
Oh tie company ternz TotiDw ]
ing breakdown of the national
wage agreement proposal ad-
vanced by RFTW officials. Even
a maintenance of membership
clause in previous contracts was
asked to be removed by the
Ohio Bell Telephone Co.
Local telephone union offic-
ers indicated that they were in
with the thinking
of their state officers and ex-
pressed their opposition to elm
ination of the maintenance of
clause from their
contract.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16

didn't have the money to buy
farm products.
Former OPA administrator
Chester Bowles, writing for
Democratic Digest, publication
of the Democratic National
Committee, last week charged
"R epu b lican responsibility"
had caused soaring prices.
These have cost Mr.. and Mrs.
John @. Public 100000
in the ten months following the
COP sabotage" of price control
last June, Bowles said.
To Study Prices
Meanwhile, the Republican
dominated Joint Committee on
the Economic Report last week
started the wheels in motion for
its own Congressional study of
price problems. Questionnaires
are now going out to typical
manufacturers, retailer and
farmers asking what they anti
cipate in the way of price
changes between now and Dec.
81, and asking comments on rent
control.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
ACWA Extends
Boss Contract

Contract negotiations with the
Boss Mfg. Co. Hawley and In
diana, will begin on or after
June /, it was announced today
by Chester Kapela, manager of
the Toledo Joint Board, ACWA-
C1O. The contract which ex-
pired earlier was extended by
the union to the June date.
Negotiations which have been
carried on between the union
and Buckeye Glove Co. are con-
tinuing, reported Mr.. Kapela.
Principal issues are wages and
six paid holidays. The union is
20 per cent wage hike.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
u. S. Senate Passes Anti-L labor Taft Bill
House And Senate To Work
Out Conference Bill Soon

WASHINGTON, May IA (SpeciaD-The anti-labor Taft
bill regulate unions passed by the Senate here
yesterday by coalition Of Republicans and Southern Dem
ocrats The vote SO "a than enough to de-
feat presidential of the bill unless there switches
between now and the time the completed legislation sub
mtted to President Truman
Following passage of the bill is hurried to SEN
aeouse conference which will seek to adjust the much
harsher Hartley bill passed by the House last month by
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16

During the years that Mr.
Broderick directed the Local IL
band, it became one of Toledo's
finest musical organizations and
attracted much favorable com
ment and publicity at state CIO
and International UAW conven-
tions.
81 Mr.. Broderick has had an
excellent musical background
travelling on the Lyceum circuit
for a number of years as a mem
ber of a brass quartet. He taught
school bands in Montpelier,
Ohio and in San Benito, Texas
prior to his employment at
WHY'S Overland in 1887.
The band director works in
Dept 329. He is married and
lives on State Line Road.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16

Richard Gosser, UAW-CIO
director keynoted the con-
ference in. his talk to the 400
delegates representing m e
than $4,000 auto workers in
Northwestern Ohio touching
upon many points which he had
presented in his printed mes
sage to the Local Unions and
Units.
In his report to the confer
ence, the UAW-CIO director
discussing wage increases said,
"even in the face of the wage
which are being grant
ed to the workers of this nation,
we still face an economic crisis.
Unless prices are lowered, pur-
power will be unable
to maintain healthy economy.
Blaming the inordinate de-
sire of men for unlimited prof
its" for the instability of the
economic system, Director Cos
ser scored the anti-labor bills in
Washington and Columbus as
punitive measures, which, if
they become realities, will be
but another source of evil"
Scores Price System
In discussing the national
wage pattern, Director Gosser
scored the price levels saying.
IF prices are maintained at
their present high level or in
creased, our wage raises will be.
come meaningless"
He outlined the wage policy
Of the International UAW-CIO
and called on the shop officers
% take immediate steps to see
hat their contract plants met
he new wage scale. AT the same
ime, he told the delegates not
% close the unsettled social Sc
'urity and retirement fund pro- |
'osalS, but to keep these clauses
'pen for further discussion.
Adopted by the delegates
Continued on Page 2
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
3rd Por+y Urged
By CIO Packers

CHICAGO, May IA GPA)-
A 3O-hour week, 15c wage
increase, a guaranteed annual
wage and the creation Of q
third party were advocated
here last week at the fourth
constitutional convention of the
United Packinghouse Workers
Go.
Four hundred delegates repre-
senting the unions 100000
also demanded an en-
ployer-financed health and well
fare fund, severance pay, a lib
eralized vacation plan and ELI
mination of geographical diff
ferentials.
The political resolution, which
that the Republicans
and Democrats offer nothing
more than a tWeedledee and
tweedledum" choice, was pro-
posed by Local %, representing
Swift and Co. workers and the
UPW District Council /. Local
% is considered right wing
while the Council is regarded
as controlled by left wingers.
Voting unanimously to place
a curse on both your houses"
the UPW asserted that "A clear
lesson of the elections of Nov,
1916 is the inadequacy of the
machinery of our existing -po-
litical parties which are so COM
pletely under the domination of
reactionary interests as to give
the people no voice in the Sc
lection of candidates for whom
they are TO vote"
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
Van Vert JAW
Given Increase

VAN VERT, May Ia - EN-
ployes of the Eisenhauer Mfg.
Co. here, members of Local 27,
UAW-CIO were granted another
10-cent an hour wage increase
it was announced today by
Cloid Lie h ty, International
UAW-CIO representative in
charge of wage negotiations.
The increase, coupled with
that of November 1946 gives the
company employees 20-cents
increases in six months.
The current wage hike will give
the company's rs employees an
increase of $4,000 year.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
Rufcher-Hor+
Given Raise

Employees of the Butcher and
Hart Co. were given a general
wage increase of 9-cents an hour
with six paid holidays plus
adjustments of 10 and Is cents
an hour above the general in
crease on some classifications.
Harold Dean is the Local IL
representative in charge of the
shop.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
Do You Listen !?

Have you joined the in.
creasingly larger crowd of
workers who listen in to
Labor Reports" heard
each Saturday over Radio
Station WTOL? Tune i'm
and hear labOr's side of
the news presented by la.
Dor spokesman. Tune in
next Saturday at 1880 p. M.
and hear Ray Vale, . vice
chairman of WiIIys-Over.
land Unit of Local IL,
UAW.CIO. Make the Satur.
day afternoon radio pro.
gram a habit.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
Parade Committee
To Have Meeting

Members of the Labor Day
Parade committee will hold a
meeting at Toledo Industrial
Union Council headquarters,
Friday, May 156 at 800 p. m. it
was announced today by Burny
Zawodny, chairman.
All CIO shops are urged to
send a representative to the
which is making plans
for the 1947 parade.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-05-16
Die Casters
To Vote On
AffiIiation

Employees of the Doehler-
Jarvis Corp, members of the
Die Casting Division of the
Mine, Mill & Smelter Workers
CIO, will vote here May 27, in
an NLRB conducted election to
determine proper bargaining
agent.
Voting at the same time will
be company employees in Potts
town, Pa, Batavia, N. Y, and
Chicago. Approximately $500
are eligible to vote.
On the ballot, subject to the
selection of the voters will be
the National Doehler Council,
MMSW-CIO, International Mar.
inc and Shipbuilders Union.
CIO and No Union.
Behind the Vote
Behind the vote lies dispute
of many months st a n d in g
against the alleged Communist
leadership in the MMSW. At
tacks upon former President
Reid Robinson with a number
of MMSW Locals seeding from
the union brought about the
union heads resignation some
months ago. He was succeeded
by Maurice Travis also labeled
as Communist by the dissi-
dents.
Effected by the Inter-union
dispute were the negotiations
of the Die Casters Division
which was forced to terminate
its wage and contract discussions
with the Doehler-Jarvis Corpo-
ration when three of its Locals,
Batavia, N. Y, Pottstown, Pa,
and Chicago, seeded from the
union.
Toledo Local 7O6, MMSW-
CIO was the only Local re.
naming in the National DoehIer
Council following the secession,
Asks For Election
The vote was requested bt
the secessionlsts in order s6
establish a bargaining agent for
the Doehler workers whose con
tract negotiated on an industry
wide basis.
Continued on Page 2