davidaulloa/AmericanStories huggingface dataset:
Evening star., 1947-11-23
Railroad Bonds Hold
Ground After Rally
Checks Long Drop
BY the A.seeiated Press

NEW YORK, Nov. 22.-Railroad
issues held their ground in the bond
market today after a substantial
rally on Friday had checked a long
decline.
Price changes for the short ses-
sion were mainly fractional with a
close balance achieved between gains
and losses.
Fridays improvement erased losses
posted earlier in the week and for
the first time since mid-August rail
bond prices on the average were un-
changed. Other groups Jared less
well, the utility. industrial and low
yield sections all showing moderate
declines on the week.
A number of brokers suggested
that the Friday upturn did not in
dicate any sudden reversal in in
vestor opinion regarding carrier
issues Despite near-record high
carloadings, recent increases in
freight and passenger rates, and the
possibility of a further increase in
freight charges, the belief persists
that railroad profits may be eaten
up by higher labor and material
costs. And from a long-range view
point, many observers believe that
even mild recession would have a
shattering effect on rail income.
On the other hand, a move to
step up steel ALLEGATIONS to rail-
way car builders, which would give
the rail systems more cars and con-
sequently an expanded source of
revenue, was rated as a favorable
development in railroad circles.
New Flotations Successful.
Investment syndicates reviewed
the week with considerable pleasure.
New security issues kept rolling out
at fast clip and their disposal at
retail was successful in a great ma
jority of cases.
Topping the weeks bond business
was Consolidated Edison Co. Of New
York's $3O,000,000 refunding mort
gage bonds of 1872. Halsey, Stuart
g. Co. submitted the winning bid
of 1004199 with a per cent coupon
and reoffered the issue to the public
at 10105 to yield 2.94 per cent.
Large-scale purchases by institu-
tional investors paved the way for
a quick sell-out.
A sizable spate of common stock
offerings sold out fast enough to
please most underwriters. Out
standing in this division was an
offering to stockholders by Phillips
Petroleum Co. of 1907, SIT shares of
common stock, one of the largest
such deals in recent years. Pro-
ceeds Of about $50,000,O00 will be
used to repay bank loans.
Government Supports Bonds.
United States Governments in
the distant maturities held up fairly
well in the over-the- counter mar
ket. Major exception was a drop
of 22/32 of a point on the week for
the bank-eligible 21zs of September
1872. At 103 21/32 bid the
Septembers' yield increased to 2.26
per cent from 2.23 per cent a week
earlier.
The Victory Loan December 2hs
with the same maturity ended
unchanged at 100 1882 bid, or a.
yield of 2.44 per cent. intermediate
and short-term issues lost 1882 to
around 1892 of a point.
The latest report of the IL Fed
eral Reserve Banks disclosed the
largest purchases of Government
bonds since December 1912. This
support Of the Government bond
market apparently resulted from the
recent weakness In prices for the
longer term issues, and consequent
advance in yields.
Evening star., 1947-11-23
New York Cotton

NEW YORK. Nov. 90 P,.-Cotton fu-
lures were extremely irregular today.
Trading was active with textile mills
heavy buyers of nearby positions.
ment in the December, 1947. delivery.
prior to first notice day on Monday.
While part Of the buying reflected the
tightening statistical supply position of
cotton, other demand stemmed from word
from the Worth street textile market
where print cloth prices on Friday were
advanced to ga cents yard.
There was some switching with COM
mission houses selling deferred contracts
Futures closed 40 cents a bale lower
to 46 higher than the previous close.
Evening star., 1947-11-23


1948 annual convention will be held
at the Greenbrier Hotel, White Sui
phur Springs, August ST. Wash
ington bankers anticipate holding
their convention at the same resort,
the famous hotel now being COM
pletely redecorated.
Riggs Bank Officers Honored.
Raymond G. Marx, Riggs National
Bank controller. has been reappoint-
ed chairman of the Committee on
Coordination with Regulatory
Bodies, by the National Association
of Bank Auditors and Controllers.
D. D. Whitcraft of the same bank
has been placed on the Trust Bank
ing Committee.
Washington officials say they are
using practically the same rules on
extending consumer credit as before
the elimination of Regulation w.
Some banks have eased their rules
slightly. All are opposed to any re-
vival of the regulation, claiming
that further credit controls are not
needed.
The Cuban Embassy has an
nounced that interest of Republic
of Cuba bonds, which could not be
collected during the war, is now
available in accordance with an
executive decree.
Randolph Paul On Program.
Randolph Paul former general
counsel of the Treasury, will be the
guest speaker at the November din
ner meeting of District of Columbia
Control, Controllers Institute of
America, Tuesday evening at the
Carlton Hotel. He will speak on
taxes.
The subscription price Of $40 a
share on the issue of $4,000 shares
of Washington Gas Light common
means that the stock will yield tx
per cent a year as the current divi-
dend is $3.50 a share.
Announcement Of the 10 per cent
stock dividend by Peoples Drug
Stores, Inc, was most pleasing to
shareholders. The stock will be
taken from shares already held In
the Treasury. The stock moved up
to 5515 in New York on the day Of
the announcement.
Shaffer Given Export Post.
Robert A. Shaffer, president of
the Shaffer international Corp, of
Washington, has been appointed
Washington representative for
foreign and domestic national gov
ernment sales by Graham-Paige
Evening star., 1947-11-23
Produce Markets

The Star has enlarged its coverage
Of fruit and vegetable prices on the
Baltimore market as q substitute for
similar Washington quotations re-
Gently discontinued by the Agricul-
ture Department. The department
reports the Baltimore quotations
supplied below determine prices paid
on the Washington market.
Evening star., 1947-11-23

Theodore Peyton, 40, 2719 18th st. NV.
and Ruth Allen, 81, s26 3rd st. sw
Joseph Brawner. 20. 332 Mclean ave s.w.,
and Faith Reeder. II, 916 1st ST. sw
Roy Brigham, 10, Marine Garracks. and
Shirley Branan, 10. Forest Heights. Md
Joseph Basch, 28. Alexandria, and Doris
Sp1vey, % Arlington.
Alfredo Gutzman, "a, Areouipa. Peru, and
~, Marie Deatly, %, 143l Clifton st. NV
William Bailey, %. 1343 1st st. s.w., and
ciaude lie LIE Colletea, p. and Irene Hebeat,
Kari Scott, 20, Arlington, and Evelyn Nc
Neill, 2I, 1925 Calvert ST. NV
Robert Wilson, 80, Philadelphia, and
,Margie Robinson. 1s, ,5 3rd st. ne.
Kotur. 81. -5I75 Macarthur blvd. NV. '
Jake Nolen, 81. $500 Devonshire pl. NV,
and Amelia Epler, 33, 2s22 Devonshire
Cecil Baker. 80. Alexandria, and Theresa
Doyle, "a, 1920 37th ST. NV.
Wilbur Watson %, Hopwood Pa, and
Vashti Mellott. 20, 1927 10th st. NV
Ernest Cephas, 1s 533 21st st, NV, and
Harvey Porter, 22, 4025 Clay pi ne. and
Kathryn o'Bryhim, 20, 1928 Blaine
Ellsworth Tate. 80. Fort Belvoir, and Doris
Pfeifer. "a, Staten Island
Jack Hurt. 30, Niagara Falls, and Joyce
Helm, 81, l417 st. NV.
Howard ShallcroSs. 30. Army War College,
and Wand Roach. 90, Rockford. III.
Roscoe Van Wrinkle; ~, Oak Ridge. Tenn,
and Frances Jachowski, 81, 1907 Ham,
Evening star., 1947-11-23
Births Reported

lFrom the D; C. Bureau of Vital Statistics
Adam and Eleanor Arney, boy,
Leland and Louise Barrett, boy
Justin and Mary Beals. boy.
John and Margaret Brenner. girl.
James and Mary Bryant. girl.
Ts3I7;d Donald and Pauline Burke; boy;
William and Merle Burud, girl.
Albert and Gertrude, Capet. boy;
Thomas and Elizabeth CLARK, girl.
Richard and Mary Daniels, boy
Franklin and Florence Dea. girl.
Howard and Katherine Edwards, boy.
Richard and Gloria Follin, girl.
Carl and Viola Geiger. boy.
Peter and Myrtle Gordeuk, girl.
Richard and Naomi Hainley, girl
Richard and Elizabeth Heinrich, boy.
Thomas and Mary Humphreys, girl.
Joseph and Josephine Ives, girl.
Russell and Anna 1vison, boy.
Foster and Doris Jones. girl.
Norris and Gertrude kaufman, boy
Thomas. jr., and Margaret Kilroy. boy.
Frank and Doris .Kreigel, boy.
George and Helene Lang, boy
Walter and Mary Layman, girl.
Andrew and Pearl Liberty girl.
Edward and Jayne Loveland, girl.
Frank and Martha Mena, girl
John and Ruth Monroe, boy.
John and Aimee Morris, girl.
Charles and Dorothy McCrory. girl.
Lionel and Isabelle Norrington, boy.
Marvin and Wilburta Oelson GIL.
Albert and Anna Patterson, boy.
Richard and Goldie Perkins, boy.
Forrest and Lillian Peters, girl.
Robert and Nancy Radford, boy
John and Ruth Rice, boy
Raymond and Mary Roche, boy.
Wilmer and Lois stitley, boy.
Ralph and Annie Suit. girl.
William and Mary Thomas, girl.
Daniel and Elizabeth Thompson, boy.
Francis and Mildred Toombs, girl.
William, jr., and Geraldine white girl
Sydney and Dorothy Wildman, girl
Lincoln and Lois Brooks, boy
Emerson and C1arice Brown girl,
Edward and Katie Brown, boy
willie and Leila Burleson. girl.
Mayo and Ruby Day, boy.
John and Alice Epps. boy.
Leonard and Madeline Gravette. boy.
George and Doris Hines, boy.
James and Virginia Hunt, boy.
Jimmie and Theodore Jones, girl.
Tandy and Ada Marshall girl.
Theodore and Pauline Minor, boy.
Wilbert and Bennie Murphy, boy.
William and Sophie Owens, girl
Leon and Marie Perry, girl
Ralph and Lillian Pryde, girl
Christopher and Marion Smith, boy.
Douglas and Ruth Summers, boy.
Jesse and Lillian Swain, boy.
Charles and Virginia Thomas boy
Theodore and Josephine Wade, boy.
Wilbourn and Beatrice Wilson, boy.
Evening star., 1947-11-23
CURB SUMMARY

Wufnbhs4 b the ABs0oiated fressO
A selected list Of active stecks On the
New York Steck Exehange, showing the
high. low and closins price for the week
and the net shanss from the previous
Saturday's close.
Evening star., 1947-11-23
BOND SUMMARY
~ ~ VIUDE1
AfaRk and

FURNISHED BY the Asseeistsd Press.)
New s xorH steeE s1essnse. % 0shS, sso.iSa Sa I ses
high. low and clssinE price for the week,
snd the. net change from, the prrvious
Evening star., 1947-11-23
Chicago Cash Market,

No wheat. Corn, new No 2 yellow,
259h-2 so; No. 4, 224; No. g., 2.24-
2.38s4. Oats, No: l mixed. 1.2sA. Barley,
msltin. 1.s0-2.67 nominal feed. l.65-
weight, nominal. Timothy, 5.25-5.75; red
ton. IA S0-156O
Evening star., 1947-11-23
CHICAGO Grain

CHICAGO, Nov. % lR.-Moderate gains
Trade today. largely rejecting apprehen-
sion over damage which might be caused
to the winter wheat crop from near zero
Nebraska.
Grains started higher and held above
the preceding close throughout the. ses-
sion. However, gains were not large.
But they were suticient to send all corn
contracts except July to new seasonal
peaks. Lard was steady but soybeans re-
acted following recent sharp gains.
3.O6A- 3. OF; corn was ~ to 2 higher. De-
cember, 2.53A-2.52A;. oats were A-1h
higher, December. 1.24h-A, and soybeans
were 2A.3k lower, March, 1854.
Evening star., 1947-11-23
Marriage License
Applications

Under d. C. la,Ds, couples must
apply for q marriage license ON
one day, 1Dait three Jul days and
recetpe the license on the fifth
day. Sundays and holidays are
counted the same as other days.
Evening star., 1947-11-23
Washington Stock Exchange
fReport Compiled b. Erchdnss oNctdi

eT1oTs ON % ESsHssHSE % ss & aAnas r so g. YEAR '+7 UP TO
Evening star., 1947-11-23

Wr1Bnt dArE 10 - IN @TxI u
Rates Of dividends in the foregoing table
are annual disbursements based on the last
quarterly or semiannual declaration. I'm
dends are not included. a Also extra or
extras. Plus stock dividend; Cash Or
stock. ePaid last year.. PAYABLE IN
year. Declared or paid after stock div
idend or stock splitup. / Accumulated div
idends paid or declared this year. New
warrants.
Evening star., 1947-11-23

Middling spot 35.4
q Nominal: b Bid.
Evening star., 1947-11-23

" Plus extra or extras
Evening star., 1947-11-23
FINANCIAL WORLD

s6-FM, Trinity Place, New York, N. Y
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29
City Charter
Group Quits

Disarmament of the City
Charter Study Committee head
ed by A. Gileon Spieker was an
nounced early this week by Mr..
Spieker.
Reasons given for the foldup of
the committee were the inability
of the participating groups 20
reconcile their differences of
opinion relative to the form of
city government and the impossi-
bility of getting any plan out in
sufficient time to meet the Sept.
4 deadline required to place a
referendum on the ballot.
The study group was formed
late last fall at a meeting spon-
sored by PAC-CIO to which
various civic groups were in
vited. The meeting was an out
growth of a pledge given by
Richard Gosser, United Auto
Workers prior to the vote on the
21-man Council last November
CIO-PAC took a neutral position
on the issue after having its
own plan for eliminating the PR
system defeated at the 1945
municipal election.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29
An Editorial F.
OUR BIRTHRIGHT

AS millions of American workers parade this Labor
Day in giant demonstrations of Labors numerical
strength thousands of pacards of protest against the
things to which Labor objects will mark the lines of
march
But the march of Labor on September will be more
than parade, than mere demonstration OF
sxfength than protest against the economic and
political evils of the day. 1t will be pledge that the
workers will continue fight in the future they have
in the past to protect American brthrght from the
constant assaults of those who place property rights above
human rights.
Despite the threat contained in the Taft-Hartley
LEGISLATION labor this is closer to unity than ever be-
FORE And even though the top leadership may not see
eyetoeye in their discussions of how true unity shall be
accomplished their differences cannot prevent the rank
and-file from feeling deep and abiding solidarity
This wear while American Labor marches In sep
arate parades interests identical Most workers re-
aze that the legal attack which has been made upon or
ganized labor is than desire to regulate LABOR
They recognize the basic rights for which men have
fought sacrificed bed and died since the organza
ton of this at stakehe right tor poh
cal and economic freedom; the right to free speech and
free press.
Wages. prices production and profits are the ele-
ments of which the attack labor and the rights OF
all citizens compounded They the details ana the
underlying reasons for what has been taking place IN
this country since the the end of the war.
Those who CONTROL at least partially control the
life of the nation seek to complete that control by non
economic and political They either succeed IN
holding down wages or failing in this to increase prices
out of all proportion the income of the workers. They
insist on their profits without regard to the rights OF the
majority ~.
And when it happens it has in this country, that
Labor because of compelling economic crisis given
the right to organize and collectively bargain and sue
ceeds in wrestling of the economic power away from
the vcoons of big business the economic barons seek to
accomplish by political what they have failed to
do by economic methods
Thus the only answer to the rising power of the
workers to limit the profits of industry is to stop them
Continued Page
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29
'cIUc Rejects
Anfi-CP Pdper

CLEVELAND, Aug. 29 lLPA)
Another round in the battle
betweeh pfoAC Comnayaiisss siid
anti Communist forces in the
Cleveland Industrial Uni n
Council got under way last
week, as the IUC voted in ex-
ecutive session to withdraw Of
ficial support from the Cleve-
land Union Leader.
The editor of the Cleveland
Union Leader, Garland Ashcraft,
in a signed editorial last week
asked all locals ito stand firm"
behind the paper. "The Leader,
following the line of the CIO
convention" Ashcraft wrote,
"will continue to resent and
reject the meddling of the
International Communist Party
in the affairs of the Council"
Endorsement of the Leader
was withdrawn without either
the editor or the publisher be-
ing given a chance to hear what
charges were preferred against
the policies of the paper" Ash
craft charged.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29
CIO Man Tests
Town Ordinance

ATLANTA, Ga, Aug. 20
(LPA) - In test of a Cuthbert
Ga. town ordinance, CIO state
director Charles H. Gilman last
week was fined $25 and
sentenced to 10 days in the city's
stockade for refusing to take
out a $500 license" giving him
permission to engage in the
cuisines" of soliciting union
membership.
The anti-labor ordinance test
was quickly carried to the
Superior Court, and Gilman was
released on a $500 appearance
bond. The test case took place
when the CIO official solicited
memberships in the Interna-
tional Woodworkers of America
CIO from a group of workers
in Cuthbert.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29
|PAc changes
Meeting Dofe

Due to the Labor Day holi-
day, the PAC meeting which was
scheduled for this evening has
been changed to September 8, it
was announced on Monday of
this week by Clayton Rusch
PAC chairman. Election of Of
ficers for the ensuing year will
be the principle business to come
before the meeting.
In the future, there will be a
general membership meeting on
the first Monday of each month
to be preceded by a meeting of
the PAC executive board. The
board will meet at 700 p. m.
while the general membership
meeting will follow at 8:15 p. m.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29
CIO-PAC Gets
Kiss" Money

KANSAS CITY, Aug. %
(LPA) - When Congressional
hopeful j. c. Trahan, mayor of
Texas City, Tex, rejected a
campaign donation of $4,000
raised by the Oil Workers Inter-
national Union-CIO at its con.
vention here, CIO-PAC was the
beneficiary.
Trahan. a former secretary Of
the OWIU local in Texas City,
claimed that the union gift was
in violation of the Taft Hartley
law and the kiss of death" to
his candidacy in a special elec-
ton on Aug. %.
The union, said President IA.
knight, must regretfully
assume that we made a mistake
and that our former brother
unionist is now just another
politician" The fund will be
handed over to CIO-PAC.
Following adjournment of the
convention, the nations policy
committee adopted a three-point
program calling for: consolida-
ton of wage gains at the Csc
hourly increase recently won in
the Sinclair nationwide contract
and improved retirement insur-
ance, vacation-sick leave and
holiday pay clause; an aggressive
organizing campaign centered on
the east coast; repeal of the
Taft-Hartley law and defeat OF
all Congressman voting for it,
thru 100% support of CIO-PAC.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29
Unions Aid
Camp Funds ]

Once more, Local IL Units
and Local 533, UAW-CIO, Fns-
toria, turned in substantial con
tributions to the Local IL sum
mer Camp Fund, it was revealed
today by Howard ,Rediger in Ms
weekly report on the progress of
the camp fund drive. sx.. ~
Contributing to the fbnd lest
aaaaesS ssaee tha fHl =
Butcher & Hart, $50; Packard
Unit, $25; Auto.Lite Local 533,
Fostoria, O., $25; Camp Main
tenance Fund, $500; Attorney
Carl J. Christensen, $40.
Following contributions of 81
each were received:
Oral Gregory, Lester Garner,
Al Yeager and Myrl Casteel.
Nearing $4,000 Mark
The camp fund is nearing the
$18, 900 mark with more contri-
buttons coming in every day, ac-
cording to Mr.. Rediger. He stated
that donations will continue to
be accepted at any time those
making them may care to send
them in. All checks or money
orders should be made payable
to Local II Children's Summer
Camp and mailed to Howard
Rediger, 425 Winthrop.
The final group of children,
boys, were sent to the camp last
Sunday and will remain there
until Sept. 6.
Previously reported, $17,666.
Reported this week, $214. Total
donations to date, $17,980.
Correction: American Swiss
Co. reported as $50 in last weeks
report should have been $50.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29

as a result of the passage OF
the Taft-Hartley law, the
UAW-CIO directo in his
message said that Labor Day
takes on added meaning this
wear as the unions of America
begin to operate under legisla-
ton which was passed oyer our
protest and which we believe is
basically unjust and unwar-
ranted.
Despite the severity of the law,
Director Gosser expressed his
confidence in the future of the
labor movement, saying. Il am
confident that our union which
won recognition and grew into
one of the worlds greatest and
most democratic organizations
by overcoming all obstacles
placed in its path, possesses the
courage, the ability and perse-
verance to surmount whatever
it may face in the months and
years which lie ahead" !"
Text of Letter
Following is the complete text
of Director Gosser's Labor Day
greetings:
10 THE OFFICERS AND MEM
BERS OF ALL UAW-CIO
LOCALS AND UNITS, RE-
GION 2.B
Greetings:
Labor Day, always a signifi-
cant occasion for the men and
women of the labor movement,
takes on added meaning this
year as the unions of America
begin to operate under legisla-
ton which was passed over our
protest and which we beiieNs Is
basically unjust and unwar-
ranted.
In greeting my fellow mem
bers of our great union, am
fully aware of the confusion and
uncertainty which exists in the
minds of many relative to many
of the clauses in the new Tart
Hartley law. At the same time,
am completely confident that
our union which won recogni-
ton and grew into one of the
Continued on Page 2
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29

and every national or interna-
tional labor organization of
which it is an affiliate or con.
stituent unit must file nom
Communist affidavits with the
General Counsel of the Board.
O-No investigation is made or
q formal complaint issued on
any charge filed by labor or
ganization, unless the registra-
tion and affidavit requirements
have been met.
C-Union petitions for collec-
- tive bargaining elections will
be accepted for docketing in the
Boards field offices, even
Continued on Page .
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29
Employer Favors
Profit Shoring

CHICAGO LPA) - Labor
should share in the fruits of a
profitable enterprise inasmuch
as labor is compelled, by necess-
ity, to bear the burdens of an
Improbable business, Henry l..
Mum, former president of the
Num- ush-Weldon Co. declared
1T the national convention of the
Fraternal Order of Eagles last
week. He advocated that in
dustries adopt a share-the-pro-
duction plan under which If
production increases, labor auto
matically receives higher pay.
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29

Involved in the disputes
were employees of the Com
mercial Metals Treating, Inc,
Ransom and Randolph Co., Hall
Mfg. Co. and American Floor
Surfacing Co. all of Toledo and
the North Electric Co. with
plants in Gallon, Mt. Gilead
and Kenton, Ohio.
The largest number of people
on strike were reported in Gal
ion and Mt. Gilead where ap-
proximately 1000 employees of
the North Electric were idled by
a recognition and contract dis
pute.
Reject NLRB Election
The North Electric Co. work
stoppage which began on July
20 followed refusal of the Gal
ion plant to recognize the union
and rejection of the unions re-
Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1947-08-29

handle one of the largest
crowds of spectators to ever
view a parade here.
AS in past years, prizes will
be awarded for the lest floats
and most colorful Unit in the line
of march. The judges, consisting
of Municipal Court Judges
Stanley GrzeZinski and Frank
Wiley and Attorney Edward
Lamb will review the parade
from the Commodore Perry
Hotel and select the winners.
Labor Day Marshals
Marshals for the parade will
include Richard Gosser, UAW-
CIO regional director; Lawrence
Steinberg, director United Retail,
Wholesale, Department Store
Employees; Peter Zvarra, direc-
tor, Mine, Mill and Smelter
Workers, Die Casters Division
and William Akos, president of
Local 9, Flat Glass Workers.
Forming along Monroe st. and
its intersections, the procession
will begin at Monroe and 22nd
st. headed by the CIO Theme
for the parade and the CIO
Continued on Page 2