davidaulloa/AmericanStories huggingface dataset:
Evening star., 1947-08-07
National City Bank
Boosts Interest on
Brokers Loans
by the Assocjoted P,sxs

NEW YORK. Aug. THE Ma
tional City Bank Of New York today
announced it will increase interest
rates on certain types of loans to
securities dealers and brokers effec.
tive August II.
The interest rate on its loans to
dealers secured by United States
Government bonds maturing within
one year will go to per cent from
the present 70 per cent rate: on
dealer loans secured by longer term
Government bonds to N per cent
from per cent: and on loans
against longer term issues other
than Government bonds to a fat l "a
per cent against the present N to
IL per cent.
To brokers. the rates on loans
secured by longer term Governments
will 60 to IL per cent from per
cent, and loans secured by longer
term securities other than Govern
ments will be fiat Ia per cent
instead of IA to Ia per cent.
The announcement said no change
would be made in the / per cent
intereS: rates on broker and dealers
loans to carry securities for a short
period. or the IL per cent rate on
loans to brokers secured by Gus
toners collateral Of any kind.
Several other large banks indi-
Gated they had no immediate plans
for any revision in the rates for
their securities loans.
Evening star., 1947-08-07
Brunswick Pulp & Paper Co. vii

| Brunswick Pulp 4 Paper Co. will
borrow s4,450,0O0 on or before Feb
ruary l. 1948, to retire debt and i'm
prove its plant. 1t is owned jointly
by Scott Paper and Mead Corp.
! Seaboard Oil Co. Of Delaware
earned sl,26l,543 or 81 102 in the
June quarter VS.. $3.50. .489 or As cents
a year earlier.
American Laundry Machine Co.
net for the first half was s1.024, $50
or sl.88 VS.. 1897 ,854 or 73 cents in
the same ls46 period.
Buffalo Bolt Co. earned $7l0.162
or SLIT in the first half VS.. s247.845
or 81 cents a year earlier.
Bohn Aluminium g. Brass Corp.
profit for the first half was $545 794
or $1.55 VS.. s4ss,l8l Or s1.33 in the
same 1916 period.
Carr Consolidated Biscuit Co.
, earned s478.86o or 66 cents in "a
weeks ended June Is vs.. 81 lat ,098 or
sl.58 year earlier.
Pittston Co. net for the first half
Of 1s47 was s2,550.353 or s4.35 VS.
s7l0,3a3 or sl,2l in the same l946
period.
Bristol Myers Co. earned s2.313.-
| 1856 or S1.58 in the first half VS..
s4.ll4,7 ,769 or $3.50 a year earlier.
Thompson Products. Ine.. net for
the first half was Sl,64s.7 1853 or 1882
VS.. sl56.793 or cent In the same
l946 period.
! J. J. Newberry Co. sales for July
totaled s8,15s.427. a drop OF 2.1%
from a year ago: for seven months.
| $57 yS45 $50. a rise Of 2.6%.
Grand Union Co. sales In four
weeks ended July 26 totaled $7.s34.-
104. a Jump of 26.7% from year
earlier: in 2l weeks ended the same
date. s38. 800 $50, a gain of 31s%.
Atlas Corp. reported net assets on
June 80 totaled s64, 1893 $40 or s31. n
common share VS.. $50 8.030.791 OF
s41.37 a year earlier.
Evening star., 1947-08-07
Chicago Livestock

NJ: CHICAGO sa.. so5 aSs ,ot. sgs5Aa. sSSo' f.:I;
active; uneven; 25-75 higher: most ad-
vance on butcher hogs over $50 pounds
90 up; top 2s SO. brlk sood and cnoice
pounds ouHo e. gsaaos sos7 .75 ssS:sso pounds:
25.OO-26.25: several lots 35O-315 pound
butchers. 23 50-25.00: good and choice
sows under $50 pounds. 23.O0-25.O0: few
ooGnds, Il .50-ss 30: x00-4S0 pounds,
20. .OU-..3 90; 450-500 pounds, Is. 20.50;
5o0-6Oo pounds, 16.60-1s. 50.
Sa1able cattle, 1900: total, 1900: sal
able calves. 500: total, 300: moderate
supply choice steers and searlinss includ-
ins heifer yesrlinss fully steady: choice
long yearlins steers, SO. 90, the top; mixed
steers and heifers, 81 90; heifer yesrlinss
29. so: but medium to good srsdes al
weights weak: instances so lower on PED.
ding basis as $3.50 down to 2IuU ano
below: clearance INCOMPLETE: all cows et q
new low, weak to IS lower: cutters ~ OF
down: most beef cows. 12.50-14 so; gooc
grades to 1850: Gamers with weighte
10.00-1 $50: bulls steady: weishty .,ausa 81
offerings 10 1850: vealers, 24.00 down
steady: weighty grass calves, 20.U0 down
SaIable sheep. 500: total, 1900; fairly
active: mostly steady on all slaushte,
classes: good and choice eve and wethel
native spring lambs, - .00-:4 .25: sroune
a load ef medium TO good. % 90: mos
commcp spring lambs. 1600-ls.Go; year.
ings scarce: good and choice siaushtel
ewes. a.0O-1 Q. 90; short load Shoiee, 1925
common ewes. T.oo-7 so.
Evening star., 1947-08-07
Stock Market Quiet;
Selected Issues Gain,
But Many FaIter
By Victor Eubonk
Associated Pres. financial Wrjtsy

NEW YORK. Aug. 7.-Buying on
a selective basis helped keep the
stock market fairly well balanced
today although many leaders fall
tered in one of the slowest sessions
of the past three months.
The ticker tape loafed from the
start, with only 100 900 shares chang
ing hands in the initial hour. A
few strong spots persisted. but frac-
tional irregularity ruled near the
fourth hour.
Some short covering continued on
the idea the list was IN technical
shape to resume the advance If the
news warranted. Dividends and
earnings bolstered some issues and
were ignored by others concerned.
The British and European eco
nornic and political situations again
accentuated caution. Doubts re-
sarding the domestic business out
LOOK. high lighted by cloudy export
conditions, depressed various pivot
ais, including film company issues
American Woolen was up point
on an opening 5,000-share block
following the 81 extra declaratio
1t then slipped, but subsequently ex-
tended the upturn. In front most OF
the time were Standard Oil New
Jersey. Chrysler, Youngstown Sheet
Consolidated Vultee, Frisco Railroad
preferred. Union Pacific and Nor
folk 81 Western.
Backward at intervals we're United
States Steel. Bethlehem, Goodrich,
Santa Fe, Chesapeake 81 Ohio,
United Fruit. Cluett Peabody tin
the wake of a proposed new pre-
ferred issue. Twentieth Century
Fox. Para mount Pictures. Du Pont.
American Can, Kennecott, American
Telephone, Allied Chemical and In
terna tlonsl Nickel
Evening star., 1947-08-07
D. {. Brokers 10 Bid
On 10000 Shares
OF Capital Transit
By Edward c. Stone

In mid-September the Washing
ton Railway 8z Electric Co. will call
for bios on 10000 shares of Capital
Transit stock for sale to the public.
1t was announced today.
The stock is to be sold in connec-
tion with the dissolution of the COM
pany as ordered by the Securities
and Exchange Commission. 1t has
been owned by the company since
the merger in 1888 OF Washington
Railway ~ Electric and the old
Capital Traction Co. At that time
Railway 6 Electric became a hold
ing company.
Tt Is understood that Washington
investment houses will bid on the
10000 Capital Transit shares. as
much Of the stock will be distrib-
uted here. The price will not be
known until after the bids are
opened and awarded. but it will be
close to the quotations prevailing
on the Washington Stock Exchange
at that time.
Capital Transit sold TODAY on the
Washington Exchange at 25k
Usually the underwriters fix the
price little under the market price
for the shares already held by the
public. The low for the year is
1884 and the high 90
Capital Transit pays a dividend
OF 80 wear. Distribution of the
stock now owned by Railway e.
Electric is expected to make tra ding
In this issue much more active on
the Washington Exchange this fall
Sale Of the stock already has Pub
lie Utilities Commissions approval
Banking Facilities Opened.
The Anscostla National Bank has
opened a banking facility at the
Naval Research Laboratory which
is in the vicinity of Boiling Field
and not far from the Naval Air
Station. The facility is for the
convenience of about 1000 Govern
ment workers in the laboratory, all
OF whom are paid by check. Robert
K. KoontZ, assistant cashier, who
has been note teller in the main
Office. is the manager.
Traders to Meet in Boston.
The National Security Traders
Associa ton will hold its annual con-
vention in Boston from August ii
to IA. This is separate organi-
zation from the National Associa-
ton of Securities Dealers but the
program is OF wide interest here.
Wallace H. Fulton of the Invest
ment Bankers Associs ton will at
tend the sessions
Gov Bradford will welcome the
traders and speakers will include
Edmund NJ Hanrahan, member OF
the Securities and Exchange Com
mission. and L. F.. Wilittemore,
president of the Federal Reserve
Bank of Boston.
Financial District Notes.
n. T. Bisselle, vice president of
the Riggs National Bank, has re-
turned from his. vacation.
G.. Elmer Flather, treasurer of the
Union Trust Co., is taking his an
nual vacation.
Washington holders should beal
In mind that the American Teie-
phone ~ Telegraph Co. is to re-
deem all outstanding per cent
convertible debenture bonds on Sep
tember /, with no interest after that
date.
Evening star., 1947-08-07
Foreian Exchonee

NEW YORK. AUG. iP.-Foreisn ex-
change rates follow lGreat Britain IN
Canadian dollar in New York open
market "a. per cent discount or 92.25
United States cents, down }. Of cent.
changed: France tfrancl .S4h Of a cent
unchaneed; Sweden, fkrona) 21.s5 un.
changed
Latin America: Argentina free "a IS
down Ol Of cent, Brazil free 3 80, un-
changed: Mexico 20 81, UNCHANGED.
Evening star., 1947-08-07
Wholesale Food Index
Continues to Rise
BY the Associated Press

NEW YORK, Aug. 7.-Dun &
Brsdstreet wholesale food index
representing the sum total OF the
price per pound of 81 foods, ad-
vanced to s6.57 August S, compared
with $6.5l a week earlier, S532 q
year ago, and the all-time peak OF
$6.77 March 4.
Higher prices were reported this
week for flour, wheat, corn, oats
barley, hams, bellies, butter, tea
cocoa, beans. peanuts, eggs and
raisins. Declining in price were rye
beef, lard, cottonseed oil, potatoes
steers, hogs and lambs.
Evening star., 1947-08-07
Market AVERAGES
New York Cotton

NEW YORK, Aus. : lPl.---Cotton tu-
lures were Arm today in slow trading
There was persistent short covering prior
20 tne Government cotton crou forecast
to be issued tomorrow, and some stop
loss buying which aided the advance
Private crop reports were seneraifS
favorable
to $40 a bale higher than the previous
close. October "a. 90: December. 33 $50.
and March. 33.2S.
Evening star., 1947-08-07
Odd-Lot DECLINES

Securities anc Exchange Commission re-
ported today these transactions by Gus
toners with ODD lot dealers or specialists
on the New York Stock Exchange for
August g. 3,20l purchases involving
9l,242 shares; 2,993 sales involving
sl.435 shares: including 81 short sales
involving 1888 shares.
Chicago Transit Authority offer
ing of $I05. 900 900 Of revenue bonds
is being very we'll received said a
member of the investment syndicate
marketing the issue. Shortest term
bonds are selling At 1G4 to WELD 2.5T
and the 1878 bonds are moving at
l03 10 yield 3.59To.
Evening star., 1947-08-07

WORLD BANK
IntBR&D 3s72 lo2 lN
IntBRGD2 l457 lo1 Z
NEW YORK CITY
rs so 11llz
FOREIGN 2:3O
Australia 3l.sb6 -
Denmark SIS ~ "
Mexico 6s33 as6 l23%
Peru 2nd 6s 81 II
Ura quay 4Hss59 90
DOMESTIC 2::3O
Am&F P 5s2O30 lo7ila
Am T d T 3s 56 ll3L
FAm TIT 224s61 ll2zs
Am T&T 2AsS2 loozs
A T 8 r As IS 1854
B IL o 6s 90 ] "a
salt&Oh 5s6a6 6zlz
a Il o IS AZ S3D
BeneIndL21261 100
Bost Me 41ss 70 SAlk
Bost Me As so - :
Bost NYAL 4s65 4Sis
BufRoch&P57st 63k
Can Pac As perp looiA
Cent Ga cn5s4h 53
Cent Ga1st5s4b Sel4
CMStP4 1as2O44 S65s
| GRIP 41as 52A- 50
GRIP ri As "a 52ih
! Gin G&E 2As76 lo4zs
cccstL 4 las ~ 1871
CrucbleStl3ls68 Sszs
Del 4 Hud As 63 96lA
D&RG3-4s93wi 02N
D&Rin4 1a201Swi 5oM
Duo 1t 3Ras 66 1oA
ElPas6SSW 5s66 loS3z
Erie 4Ias 2Ol6 7oiA
CT Nor 31ss9ON LOB
G MAO 2044 B -
Hud&M in bs 81 15N
I C 3las 52 osih
&c 4As 6i dols
Int G N 1St6s62 57lh
Evening star., 1947-08-07
Chicago 0roin

CHICAGO. Aug : tP.-Corn sagsed on
the Board of Trade today and other
grains followed the leadership of the yell
low cereal. Trading was light in all pits
Prices at one time were up a cent or
more from the preceding close. but Q
slight increase in proft-taking before noon
sent most quotations down below the pre-
ceding close. The nearby wheat contract
Wheat at noon was 3. lower to Va
higher. September. 2.32la: corn was 2s-
W lower. September. ,.21 ~, and oats
were "a lower to /. higher. September
9ah.
The Commodity Credit Corp. announced
it purchased $4,000 bushels Of wheat
at Chicago and ,92] 900 at Kansas City
YESTERDAY. The local once was chsrins
237h a bushel for No hard wheat in
store for August and hrst hah Of Sep
tenn berAshin
Evening star., 1947-08-07

tunit Of trading, 10 shares. in bank.
ruptcy or recelVership, or being reorsaniIed
under the Bankruptcy Act. or securities
assumed by such companies. Rates Of
dividends in the foregoine table are annual
disbursements based on the last quarterly
or semiannual declaration. Unless other
not included * dividend. IT Ex rishts.
q Also extra or extras. b Plus stock dlv!-
dend 4 Cash or stock. Paid last year.
PAYABLE In stock. Declared or paid &C
lar this year. h PAYABLE in Canadian
tun6s. Accumulated dividends paid of
declared this year.
Evening star., 1947-08-07

0sprly Sales on the EAehanEe To-day:
4 200 an. 100 900 1900 noon 24o 900
ION m $50 900 goo pm 46o 600
Evening star., 1947-08-07
Green Heuds Cotton Belt

NEW YORK, Aug. 7 lP.-Col. r
w. Green, who has been chief ex.
ecutive officer of the St. Louis
Southwestern Railroad Co. since
July OF this year when the road
emerged from trusteeship. yesterday
was elected president.
Evening star., 1947-08-07
Washington Exchunqe

SALES.
Capital Transit lst ref 4s-S1 900 at
105L
Capital Transit Coo at 25h.
PUBLIC u11LITIEs,
Evening star., 1947-08-07
Dividends Announced

NEW YORK Aug. Z OP,.-Dividends de-
Gle req today:
Evening star., 1947-08-07
N. Y. Bond Market
Furnished By the Associated Prsss.D
SELECTED LIST QF ISSuEf

II OF 1SSUEA.
Int Ct No5s56B 81
Int Ct No5sb6C 81
TntHydroEl6s44 100
JCen 2hs761o3A
KanCitySo $3.50 1o%sA
Lautro N inc 70 s5
Leh Val A 20G3 55iA
Me Cent 4las so "a
MKT 5s sea s3lA
Mo Pac 6laS ~ 23a
Mo Pac IS 79F 70
Mo Pac 5s SlI 70
Mo Pac sn As rs 3oih
N o T M 6s "a 1oolA
!NYC 4las2Ol3A rs
N Y c con As rs 71N
NYNHEH Is 40 7Slk
NYNH&H4las SCI 47N
NYNK&H As ~ AGA
NYNH&H31as64 45iA
NYNH&H3Kas5 As
Nor Pc 5s2047D lo1ss
Nor P cit 4lss75 lo1A
Nor Pac As 81 los
PcnnRH xn5s6S 1924
PennRRc4ias6O 1854
9ennRRg4Has66 1854
Reading 3lss 95 -
StLSF 4has2022 5ola
StLSanFrn4s97 s7,h
,StL SW rf IS 90 soN
5eab in4 las2016 605A
Shell On 2Nas71l -
SoPacif1c4lasS1 s5iA
SO Pac gas a6 e3Hs
Sou Pac 2As96 6754
SWBellTl2s4sS5 1o2,Ez
StdOilNJ2sss11 Sese
Texas Corp 3s66lo61s
Third Ave As so ~
Un Oil Cal 1867 1o4
| Walwth BIAS rs 81
West On IS go 0eLs
West Elec @sss71lo2h
iWheelStl 3N4s701c2is
| Wise Cent As 40 TIN
Evening star., 1947-02-23

'S AAiSty II US
back; she'll see to them.
WHEN he reached the
street, clouds were NOV
ing swiftly like great cat s.
paws, menacing the city.
He wanted to 60 and look
for her, to warn her of the
storm, but when a taxi
came by he hailed it.
A block along he saw
Kitty. The swiftly de-
scending darkness, the
wind already gusty, made
her figure unreal. Her face
was a white oval, turned
away from him when lit
ter blew along the cutters
and dust rose in whirling
clouds. She'll make it, he
thought, she'll get in be-
fore it comes. She'll close
the windows. And then
then she'll have the note.
He wondered how she'd
take it, if she'd cry or
stand there holding it in
her hand, hardly believing
it. The thought hurt him
like a physical blow. Kitty.
The kid he was 50 crazy
about that sometimes,
when he fumbled in their
clothes closet after his
own things, some Powered
frock of hers would touch
his face and he'd hold it
against his cheek. almost
scared to love her so much.
L HE taxi whirled him on
towards the address he'd
given; it was a long way
yet to his brother Bills.
Funny looking sky"
the taxi-driver said.
Joe nodded - thinking
of Kitty.
Gosh" said the driver.
Il don't like this. Never
seen it like this"
There was no rain as
yet, no wind - only an
intense stiffness, a dark
ness, awesome and menac-
ing. Something was going
to happen. something de-
structive and terrible; Joe
could feel it. He leaned
he said urgently, take me
get back"
home myself" the driver
she's scared of storms. You
. His voice sounded small,
E thought, I've got to be
anything happens. Every
Continued on page rs
Evening star., 1947-02-23

way. He stood there feeling sick about IT all.
The sensible thing was to 90 back to Kitty
and tell her to forget the whole thing; instead,
hands shaking little, he got pen and ink
and wrote the note. He never thought he
could write like that - to Kitty; but she
must see it was all right with him-he could
get along. He'd go over to his married
brothers place for the time being. Maybe
he'd be back; maybe he wouldn't. =. He
stood there. reading what he'd written, think
ing what she would feel like when she got it
He put it on her dresser near one of the win
dows, where she couldn't miss it.
Into his salesman's attache case he stuffed
nightwear, clean shirt, his toothbrush and
shaving kit. On the stairs, he thought. I
Evening star., 1947-02-23

hurrying homewards, nursemaids pushing
prams, shoppers clutching their purchases and
casting anxious glances at the sultry sky.
Kitty hated storms; they did things to her.
1t showed what state she was in now
that she didn't seem conscious of what was
shaping.
He got to the door of the lodging house
where he and Kitty had room, felt his way
Evening star., 1947-02-23

upstairs in the growing dark, and let himself
In. 1t was sticky hot even with the two win
dows open. They'd been lucky to get two
windows. He remembered how Kitty had
exclaimed, "Oh, look, Joe, isn't that nice?
And from one of them you can see the trees
IN the square" >" There were kitchen privileges,
and they ate off card table 1t had been
great fun - until things began to 20 this
Evening star., 1947-02-23
The angry storm was over, and
only one cloud remained - the
bitter note Joe had written

A Short Short Story
oE wasn't looking at the sky; he was look
d ing at Kitty. She was sitting there on the
park bench beside him, but he felt as if thew
were miles apart
Kitty, "he said, what s happening to us?"
Now at last he'd put it into words. This is
the bust-up. he thought. It's happened to lots
OF people, but never thought it could happen
to US. He hardly knew now where the quarrel
had its roots, how it had grown suddenly,
terribly into this.
Her head was turned away from him
Kitty" he pleaded. She said nothing Okay,
he thought angrily, if that's the way she
wants it. He looked at her again, and his
heart turned over. Gee, she was lovely kid.
When they went places he was proud of how
people stared at her. He wanted to say now.
I'm crazy about you, kid Let's forget all
this Let's start from scratch. guess I've
been kind of heel. guess there're two view
points to this. Look, how about us doing
something together tonight? Maybe show.
How about it?'... But he didn't say it. If
she'd turned as much as an inch, offered him
the corner of smile anything; but there
she sat turned away from him. and he thought
- okay, if that's how she wants it.
If HE didn't break the silence something
would burst in him. He was afraid of what he
might say, 80 he looked at the sky and said.
Its going to storm We'd better get back"
'You can 60 if you want" Kitty said.
You'd better close the windows
To hell with the windows, he thought
savagely. He got up suddenly and began to
walk away across the grass He looked back,
but Kitty hadn't moved, so he went on. Then
he heard her. "Joe," she called Her voice
was frightened now. He wanted badly to 20
back, but terrible thing was in him now,
desire to hurt her, to teach her lesson He
told himself, won't just come to heel that
way. So he kept on walking, his feet gritting
on the gravel paths.
When he reached the edge of traffic he
glanced around. She was still on the bench,
hunched up. He wanted to take her shoulders
in his hands as he'd often done, and kiss the
nape of her neck and feel her hair against his
cheeks.
Instead he went on. If she stays there long
she'll get soaked, he thought. 1t would be
honey when it came; people were already
Evening star., 1947-10-19

standing committees of the House.
One of the most pointed instances
of conflicting eyewitness testimony
came from Berlin two weeks ago,
when Mr.. Taber was quoted as say
ing he had seen mo seriously un-
derfed' people in Europe.
Dirksen Sees Need for Aid.
Representative Dirksen, Repub-
lican, of illinois, who was in Ger
many at the same time, said that
many workers there were too under
nourished to work with full power
and that he thought the United
States would have to help raise the
claoric value of the diet. Mr.. Dirk
sen also is a high-ranking member
of the Appropriations Committee.
/ Later interviews left no doubt,
however, that Mr.. Taber and Mr..
| Dirksen are in accord on the basis
issue of checking the spread of COM
munism, although Mr.. Taber was
not ready to commit himself on the
Marshall plan.
! Senate Democratic Leader Bark
ley of Kentucky another visitor to
Europe who has returned recently.
declared yesterday he saw many
iunderfed and illclad people. After
comforting with the President, Sena-
tor Barkley told reporters he does
not think Mr.. Truman would hesi-
tate to call a special session of Con-
gresS on European aid If necessary.
| The nine House members who re-
turned yesterday withheld comment
on whether special session of Con-
gress should be called. But when
ever the session begins, their obser-
vations in favor of early aid should
offset some of the conflicting COM
ments that came earlier from other
travelling members.
Headed by Representative Short,
Republican, of Missouri, the Armed
Service-Appropriation group ex-
pressed deep concern over the drive
to spread communism in Europe,
and added:
Since communism thrives on cha
os, hardship and disorder, we be-
lieve that to prevent the complete
downfall of Europe, United States
aid must be forthcoming at the
earliest possible time
! The group also concurred in the
statement that "its members are
convinced that the Marshall prin-
ciples, or similar plans to assist
these nations. must be considered
without delay"
In addition to Representative
Short, the delega ton included Rep
resentatives Bates of Massachusetts,
Garfield of New Jersey, Bishop of
Illinois, johnson of California,
Gavin of Pennsylvania and Marga-
ret Chase Smith of Maine, Republi-
cans, and Fogarty of Rhode Island
and Sasscer of Maryland, Demo-
Gratis.
Some members of the Herter
Committee came back with different
impressions of the European situa-
ton, although they have not yet
drawn up recommendations. Pub
lished interviews following their
arrival showed these contrasts:
Representative Nixon, Republican,
Evening star., 1947-10-19

result of the travels, Congress will
be more aware Of the need for main
tanning an adequate State Depart
ment information service to meet
Russian efforts to spread its ideology
When the Herter committee meets
on November 5 it is likely to spend
some days in executive session, going
over the mass of data 1t collected,
before reaching any conclusions. It
hopes. however, to have ready a
report on the question of interim aid
before the House and Senate Com
mlttees on Foreign Affairs meet
jointly November 10.