davidaulloa/AmericanStories huggingface dataset:
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1947-09-20

Sept. 9 to IA. Those who arrived
safely were: Rev. John M. Bur
rell, pastor of the Second Bap-
tist Church. Mr., and Mrs. Lory
Wright and Miss Juanita Cow
ington. daughter OF Mr.. and Mrs.
L. V. Covington, of Almyra ave
Mr.. and Mrs. James Philpot
had as their guests last week
MesSrs. Dennis and Arthur
CRANE of New Jersey. With
them were Mrs. Dennis CRANES
infant son, Dennis. and Master
Keith Foster, son of Mi and
Mrs. Foster Of Joliet. Illinois
The MeSdames CRANES were for
merly Mary and Oquarietta
White daughters of the Rev
and Mrs. ], w. White. formerly
of Monroe.
Mr.. Raymond A. Moreland Jr
is spending week with has wife
Jean and his "in-laws," Mr.. anc
Mrs. l.. V. Covington.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1947-09-20
SICK LIST

Little Bowman johnson Jr,
OF 278 Beechwood. has been
/ transferred from Pennington TO
the Childron's Hospital. HIS con-
dition is very serious but much
improved.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1947-09-20
VISITORS

Mr.. and Mrs. Robert Crutch-
field of ABS Elliot have as their
guest, their daughter and her
husband Mr.. and Mrs. Long OF
South Carolina.
Phone yours news into vi.
2-8359.
Rev. J. f. Lyons. 80 years Of
age. Of 356 Holford. died Mon
day evening at the Veterans
Hospital Rev. Lyons. one OF
River Rouge's oldest residents,
was former pastor OF ST John $
AME Church where his funeral
will be held at IL am. Thurs
day.
Evening star., 1947-10-22
Chicago Livestock

CHICAGO, Oct. % Up UsDA)-salable
weiehts butchers mostly 5o-75 lower; sow'
IS to mostly 90 lower; load or so choice
240-2P0 pound weights. $3.50 and 27.65
top ~ IS sparingly: bulk good and choice
100000 pound butchers. 27.25-27.5 so; few
10000 pound lights, 81. .0O-27.25; mos
good and choice sows under 400 pounds
e5 50-26. so; 100000 pound sows. 1925
$3.50
Salable cattle $500. total 1000: salabl,
calves 700. total 700; top 1915 for loac
hign choice 1890 pound fed steers: 81,
loads choice medium weight beeves, 35 90
most good and choice fed steeds. $3.50.
"a. so; medium grades down to 5000; gooe
and cnoce fed heifers 26.OO-31 90; two
loads choice 9OO-950 pound weights, 80 90
two loads good 3OO-pound Montana cows
1890: Gamer and cutter cows. II 90.
1928; practical top, 1880 on good heavy
bulls; vealers firm; most good and choice
kinds, 25,00-27 90; stockers and feeders
slow.
salable sheep $500, total 2. 900; active
other classes around so cents up; early
top and bulk good and choice native lambs
24.25; few native and double-deck fed
lambs held higher around three decks
medium to mostly good grade yearline
wethers. 1880; two decks good to choice
19.G0-19.50: around two loads mixed com !
mon to good Western ewes, $50; good and
choice ewes scarce
Evening star., 1947-10-22
Nervous Market Sees
= rs Aaa d
Selling Offers Erase
Many Stocks Gains
BY the Associated Press

NEW YORK. Oct. 22.-Stocks fol-
lowed a nervous, indecisive course
in today's market.
Early advances by an assortment
OF leading steels, motors and farm
implements uncovered selling offers
that wiped out many gains. Ac-
tivity receded further from yester-
days pace. Scattered favorites held
narrow advances, but plus and minus
signs were about evenly distributed
near the fourth hour.
New 1947 highs were touched by
st. Regis Paper and by Life Saver
Corp. on dividend declarations, and
by Lion Oil and International Paper
Others ahead much of the day in
cluded American Can, Allied Chem
ical. United States Rubber, j. I
Case, Anaconda Wire & Gable, West
eru Union, Penney, Chrysler, Inter-
national Nickel and Owens Illinois
Slipping into losing ground were
Bethlehem, youngstown Sheet, Gen.
eral Motors, International Harvester
Douglas Aircraft, Santa Fe and
Montgomery Ward.
Bonds were narrow.
Evening star., 1947-10-22

WORLD BANK
INBRED 1872 80 8
NEW YORK CITY
Is 80 1854
FOREIGN o.a0
Antwerp IS SO 9oN
Australia3As57 e2iH
Belgium 6las49 lo3M
Canada As so. 1854
Chile 6sFeb61 a 2lN
Copenhasn 5s52 e3M
urag al 41ss 79- ooN
DOMESTIC 2.3n
Am&F p 5s203O1o7lA
Am T&r 2As6l 1884
Am T&T 2As rs 90
Am T&T 2NssS6 o3,l
AmTobacco3s62 1o2N
A T 8 F As 95 l23
AtlCoastLA Ias64lo4
B&O1e-aag4Sst e7ih
5ait&oh 5sG9h seH
Balt&O5sK2OOO 5oN
B&O CIV 4h201O 47N
B Il o IS 4S o5M
Beth Stl 2As 10 eez
Bost Me 4ks 70 Sly
Burl CR&N5s34 50
Can Pac As pero 1o1L
Cent BUP As 4s 75
Cent Ga 5s 59C ~
Cn RR NJ IS 81 35]
Cn RR M As 81 -
C&O 3hs 90 D 1o4h
C B d @ 3Ass IS looL
C B & @ 27ss 70 o5
Chi&E I inc 81 So
ChiI&L4h2OO3 4lA
Cht&NW 41as99 81
GRIP 41as 52A- 62N
GRIP 4ks so. 10y
C r I P As SO 90
kCRIP RI As "a 56
FChi&W I 4As62 lo4l
Chi&W I As 81 1o3h
Choc O&G $3.50 e5l
CCCStL 41as n 72L
Clev On Tr 5s73 1o31
Col & So 4kassO 81
Col soc 3Hs7O lo7L
Del L&W4S2O4l S.
D&RGW3s-4s93 0oL
2sTnVl&Ga5s56l15
FirestnT&R3s61lo3L
Goodrich2As65 9eL
CT Nor 2s4 50 OH
: GM&O 33s 80 963
Evening star., 1947-10-22
n. Y. Curb Market
LIST INCLUDES ONLY SELECTED ISSUES
CHANGED FROM PREVIOUS CLOSE.

L Oh A<IS L IO 1JE ~ 6S
PREVIOUS CLOSE.
Humble Oil 2g 6oN
Illinois Power 2 2Sib
Int Petrol "a lolA
! jeanette Glass 13ih
! Ka1ser-Frazer 14H
} Kingston Pr 20 3
LouLandAEx.s0 IGN
} McWill Dredge- i
lMesabi Iron 5
! MidWestCrp A4b 15H
MidwestOil GOA l5A
} Mining Cp Can J
Mt City Copper "
New Jer Zinc 2g so
! Niagara Hud Pr 1oh
Niles-Bem .45g- 12A
} Noma Elec 1ab IL
J Nthrop Airc Ag- oX
Pan Am AIR war IA
} Pantepec OIL "a 1oiz
Pennroad Ae s
Phila Co .175g 1oA
Pioneer Gold 3lis
Piper Aircraft 2h
} ettney-Bow 80 13h
} R-K-O opt war 3Lz
Raytheon Mfg - 10
Richmond Rad 5iA
Root Petroleum 1914
Ryan Cons Pet 7zs
Salt Dome OIL sse
Schiff Co Ia 35ih
Segal Lock -. 2A
Select Indus 2N
Solar Aircraft 1919
Soss Mfg Ksg 8
ISpencerShoeiag 6h
Std Pwr g. 1t 2M
|ISterling Inc " 10
lSupTool&Die.2 20 4it4
Technicolor lag il
Textron Inc Hag l4M
! IfTishman Realty 17A
Utd Lt&Rys Sag "a
Utah-IdSug. 3M
Nv Va C & C Sag 17N
Is In the foregoing
,bursements based on
r semiannual declar-
'ise noted, special or
not included. q Also
Plus stock dividend.
aid last year. I Pay
clared or paid so far
Le. WV With warrants.
'nds paid or declared
. in Canadian funds.
Evening star., 1947-10-22
IN. Y. Bond Market
Furnished BY the Associated Press.)
SELECTED LIST OF ISSUES.

II OF ISSUES.
Hud&M in IS 81 1914
c 4As Sc 79H
nc IS IS los
lIcc StL 5s SO A eo,A
Ill Ter RR As 20 95
IntHydroEl6s44 6e,h
lLautro N inc rs 81
IManatiSug 4s51 60N
jMo Pac 5hs 80 25M
Mo Pac 5s 77F eoih
mo Pac IS 80 H oolh
mo Pac gn As rs 33h
lMor&E3 hs2U0O 81
N o T M 6hs54 1854
N o T M IS IS lob
N o T M IS 81 lola
IN o T M IS So 1olh
4 NYC 4 4las2O13A 71A
IN Y c con As % 66iA
NY Dock As 81 oo%
NYNH&H 6s 40 -
lNYNHinc4h'22. 31h
tNYNHH 4s20O7. SAN
NYO&W gn4so5 ~
4 NY Pol 2A75 100
NY SW rf IS 81. 42M
NYWB Ans As IL
Nor P cit 4hs7b soX
NorPac 3s 2O47 66iA
NoStaPwr2A75 1914
okl G6E 2As75 ee
! Pac G&E 3s 70 1o2,h
Pac G&E 3s 70 lo2N
2ennCtAir3Has6C 40
} Penn P&Lt 3s75lol
J 2ennRRg4Hs65 o9ih
PennRR 3As52 99N
Philipn Ry As 81 IA
! QuakerO 2sss64 1ooiA
RckIA&L4ias34 59ih
iStLSF 4hs2o22 sou
} lStPKCLAHas41 46i4
socony-V2as76 o6Ns
SoBT&T2AsS5 97iA
SoPac4IasOr77 1904
SO Ry gn As Sc 93iA
, Texas Corp 3s651o55A
! Tex&Pac 3hs85 99M
, Third Ave IS go 81
Jun Pac 2Hss rs 1o1N
Un Pac gas 81 93lA
UnivPict 234s59 80
!, Va El&P gas 75loo
Va Railwy 3s 95 1coN
, West Md As so lo2N
, West Un IS so 9oN
} WheelStl 3h4s67 1914
{ Wis Cn As 36SD ~
Evening star., 1947-10-22

Hourly Sales on The EAchange TODAY:
100 am. $50 600 1900 noon $40 GOO
100 p.m. $50 600 900 pm. $50 600
tunit Of trading. 10 shares sIn bank.
ruptcy or receivership. or being reorganiSed
under. the Bankruptcy Act, or securities
asJumed BY such companies. Rates Of
digidends in the foregoing table are annual
disbursements based on the last quarterly
or semiannual declaration. Unless other
wise noted. special or extra dividends are
q Also extra or extras b Plus. stock divi-
dend. 4 Cash or stock: Paid last rear.
raysSs IN Declared Of .,G paid s,.., g
stock dividend OF stock split-up. + Accum-
ulated dividends paid or declared this year.
Evening star., 1947-10-22
Business Briefs

Electric Power Consumption to-
tailed 4,946,090000 kilowatt hours in
the week ended October 18, down
from 4,958,O62,000 the week before
but up o. from the corresponding
week last year-Edison Electric In
stltute.
Class I Railroad Operating Rev
enue last month was up $50 from
September, 1916 Freight revenues
showed a 1890 increase but pas
senger income declined 6ec.-Asso-
citation of American Railroads.
Continental Oil Co. announced in
creases of 09 cent a gallon in. the
tank wagon price of gasoline, 0.e
cent in kerosene and is cents ir
diesel oil in Oklahoma and the
Rocky Mountain States. effective to-
morrow.
Los Angeles Stock Exchange re-
ceived SEC permission for unlimited
trading privileges in the $3.50 pal
capital stock of Pan American Air.
ways Corp.
Indiana Service Co. obtained SEC
permission to borrow $l0,000,00(
from banks to refinance its mort.
gage bonds, prior to merging into
Indiana & Michigan Electric Co.
Ohio Leather Co. declared ar
extra dividend of 81 on the com.
mon, payable October 81 to stock Of
record October Is, and a dividend oi
40 cents, payable December Is tx
stock of record December 13.
Fraser Products Co., Detroit. reg
istered with the SEC 100000 shares
of 81 par common stock to be Offered
to the public at 81 share by Il
stockholders.
SeiberIing Rubber Co. net earn.
ings for the third 1947 quarter were
$4,000, decrease of 549o from the
same period last year. Because Of
the reduced earnings. directors votee
to forego payment of a common
dividend.
Chesapeake g. Ohio Railway Co
and the Pere Marquette Railway Co
reported consolidated net income ot
s2TS24,071 for the first nine months
of 1947. equal to $3.50 per common
share VS.. S20.44l ,891 or $255 for the
1916 period.
Republic Steel Corp. reported
third quarter net income of $780,.
016 or $1.05 common share, VS.
S3.O5o,071 in the 1946 third quarter
Libbey- Owens Ford Glass Co. re.
ported net income for the Mint
months ended September 30 OF
S8,727 ,926, or s3.42 a common share
VS.. S2,616.6S1 or $102 in the like
period last year.
Also for the first Nine Month.
Of 1947:
Sutherland Paper Co. earned
sl,754,610, or $50 share, VS.. ST 1,144,.
1852 or 1892 in the like 1916 period
Eaton Manufacturing Co. earned
s5,54S,1 1872, or $e22 a common share
VS.. s1,793,730 or s201.
Sunshine Biscuits, Inc. earned S4,.
50423o, or SAL, VS.. s4,023,529 O
1894.
Ferro Enamel Corp. profit wa
s873,046. or S2.76, VS.. S533, ,043 or $1.6s
Monarch Machine Tool Co. earnet
s5o3 3,s47, s24O, VS.. s454,928 or $2.1e
United Cigar Whelan Stores Corp
earned sS42,820, VS.. sl,2l9,063.
A. M. Castle Co. earned 1864, ,702
or s4.o2, vs. 81 1873, ,023 or s499.
Weston Electrical Instrumen
Corp. earned s551 900 or $3.43, VS.
$1,011 08o4 or $3.50.
Evening star., 1947-10-22
Chicago Grain

CHICAGO, Oct. % F-All grain.
moved into lower territory today Trading
was light. but moderate profit-takine
encountered only small commercial de-
| Selling in wheat developed when it
became known that the Commodity Credit
| Corp. had made, no purchases of the
cash grain yesterday. The Chicago office
| said It remained open to. oers, but It
did not quote any frm price.
another Sharp drop n" in live hog a'e quota s..
tions. Soybeans eased with grains on
weaker undertone in the cash market
December. S3.07s4; corn was Ha-2a4 lower;
December, So .32s and oats were saba
toTer:, December. 81 20s4 Soybeans were
of 3A-434: November, S3.52
Evening star., 1947-10-22
Market AVERAGES
BONDS
New York Cotton

NEW YORK, Oct. % R.--cotton fu-
lures turned firm today, following an
irreeular trend in early dealings. Mill
buying and scattered outside demand met
only scale lip offerings.
Optimistic statements on textile pros
poets by industry leaders and relatively
light hedging, despite heavy sales at the
primary spot markets, Influenced the
uoturn.
Late AFTERNOON prices were 90 cents to
81 ,05 a bale higher than. the previous
close: December, 82.79; March, 32.9s,
and May, 80 Sb.
Evening star., 1947-10-22
Burlington Mills Corp. stockhold


ers amended the certificate of in
corporation to confer voting rights
on the cumulative preferred stock.
The stockholders. meeting yester-
day in Wilmington, Del, authorized
the directors to issue to May Nc
Even Kaiser Co. $4,000 cumulative
preferred shares and $50. 1000 common
shares If Burlington Mills acquires
the company's assets.
Union Electric Power Co. asked
authority of the Securities and Ex-
change Commission to sell its parent,
Union Electric Co. of Missouri,
$5,000,0 par value of additional
common stock to be used for q $19,-
100000 construction program.
Evening star., 1947-10-22
N. Y. STOCK EXCHANGE
FURNISHED by the Associated Press,

huniuS cay Ak
| |Addreso-M2 .35g
AdmiralC lCorphe
Air Reduction /
Alaska Juneau
Aldens Inc va
tAldens pf 4A
Allegheny Corp
Alleshany Co Of
Allegheny pr of
Alleg Lud 1.20g
A. Chm & Dye 6
Allied Kid IL
Allied Stores 3
Allis Chain I go
Allis chM of 3A
Alpha P Cm 2g
Anal Leath 35g
Am Agricul 3a
Am Airlines
i Am Blk N go
Am Bosch he
i AmBrShoe 1.70s
Am Gable & Rad
! Am Can 8
Am Car&Fdy 3g
/ Am Ch&Cbl lao
| Am Colorty 1.20
AmCrysSug 20
AmCyanamid la
| AmCy
Am Encaustic
Am Europ .40g
Am Export L 9
Am 4 Frn Pvr =
A&FPS7 pf5 Ak
! A&FPS6 pf AJAX
Am & r p I'd pf
AmHide d L 1ag
Am Home 1.20a
Am Locom1 4Oa
Am MchGFd 80
Am Metal /
tam Metals Of 6
Am Molass 80
Am Power Il 1t
Am P&L S6pf6k
Am Pal S5pf5k
AmRad&SS. A .60g
Am r Mill he
Am RM Of Az
an SAFE Ra7 Ia
tam Shipbld 3g
Am SIN e. r l2g
tam S&R Of z
Am Snuh 2
Am Stl Found 9
Am SuR Ref gag
Am Sug r of 7
Am SumatTb n
Am Tel 4 Tel r
Am Tobac B 81
tAm Tob Of Q
Am Viscose 2
Am Water Wks
Am Wool 6hE--
Am Wool of T.
Am Zinc cog
| Anacon6 Cop 2g
tAnac Wire 6kg
Andersn Clay "a
Ander-Prich o l
A p W Products
Armour q Co
Armour pr pf 6
ArmsCork 1.20g
tArmstrng pf3 Y
Assd Dry G l.60
tAsso DC 1st 6
+Asso DC 2pd z
Assoc Inv 1.s0 =
Atch T & 8 F 6
ATF Inc 1g --
Att CoastLine 4
All Refining ~
tAtl Rein pfA 4
TAN Ref pfB3'4
Atlas Co''p ! 40
Autocar Co lag
Avco MFG .10g
Avco Mfg Of 2H
BALD LOCO IaR
Bait 4 Ohio
F., BALTIC q Ohio Of
8angor& Arostk
Barb Asph 1hg-
Barker pf 2A
Barnsdall OH Ia
Bath Ir W 1s4g
Bayuk Cigar Tag
Beck Sh Of 4A
40
Bell Aircraft
Bell&Howell haa
Bendix Await 2
Bendix H A 1hz
Benef Ind 1k0a
Best q Co "a
BestFoods 1.20a
Beth Steel g
Blaw-Knox .60g
Bliss E w 1lag-.
Bliss pf cid ga
Boeine Air 1e
Bohn Alum&B 2
Rond Stores 2
BordenC 1.S0g
Borg-Warn $50
Bower Roll B 2
Braniff Airw
Bridgpt Br cog
Briggs Mfg 9
Briggs&Stra la
BklynUGas1 .20s
Brunswick-Ba4s
Bucy-Erie .95g
8udd Co )
+B,1dd Co pf 3 :
Buffalo F. 2.65
RulovaW tch "a
Burling Mills Ia
Burr Ad M 80
Butler Bro 65g
Byers A NJ lag
tByers A M pf z
Byron in ! .40a
CALLAHAN ZLN
| CampbellW / kg
! Can Dry GA go
Canad Psc1 Lg-
tHaro 30
! Carrier Corp
| CarrierCorp pf2
Carr&Gen Goa
| Case ] I Co /. 80
caterpillr TT 2
| CelaneseCp .a0g
Celotex Cp l lag
Cent Aguir ] iaa
| Cent Foundry
| CentHudGas 80
| CentNYP pf3 40
Cent P r N j
! Cent Viol Sugar
/ Cent Rib M Goa
Cerro de Pa S -
! Certainteed so
! Chain Belt Ag
| tChamp p pf4 "
| Checker Cab
| ChesCrpVa 134g
| Ches g. Ohio 3b
Chi Corp 40
Chi & East III
-hi Grt West pf
Chi Ind & L A
Chi Ind&L B Ct
Chi M SP&Pac
CMSP&p pf7hg
Chi Il EW lie
Chi L n W of BE
ChiPneuTool 2R
tChPTS2 pfcld
Chryslef szh
Gin Mill NJ 40
CT T Finance .
City Ice&Fue' 2
City Invest .6Og-
city Stores ! 20
Clark EQUIP 7sh
Clev El Illum 2
tCleY r III pf4b
Clev Graph 80
tClev & Pitt "a
ClimaxMol ] 20
Clinton Ind 2.40
Cluett Pbdy / As
lCoca Cola ga
tCoca-Cola A 3
tColg-P-P pf3 "
Collins b Ak IL
Colonial Mills 1b
Col Fuel & 1r l
Col Fuel&Ir Of l
+Colo&So 1st pf
ColBrdcstA ! Tag
Col Gas&E .60a
Colum Carbn 2
col&SOhE 2 S5g
romrI Credit 2
tComl c pf $50
iComl Solv hR
Com wlthEd 40
Comwl 4 South
Com6sSo Of LEX
conde Mast l
Evening star., 1947-10-22
Kuiser-Frozer Reports
Profit of $8,277,308
Nv the A<.o,;,,.d pr.,,

DETROIT, Oct. 22.-Kaiser- Frazer
Corp. today reported a third quarter
net profit of $8,277,3O8, equal to s1.74
share.
The profit offset losses incurred
during the first six months of the
year to produce net profit for the
nine-month period of 5000 ,269 The
corporations working capital, listed
as $l2,287,341 as of December 81
1916, has been increased to 23,518,-
297 as OF September 80, this year.
Evening star., 1947-10-22
Foreign Exchange

NEW YORK, Oct. % -Up.-Foreign ex-
dollars, others in cents):
Canadian dollar IN New York open mar
ket, 9M per cent discount or 90.12h
United States cents UP "a of a cent.
Europe-Great Britain, S4.03h, un-
changed; France (franc), s4h of cent.
unchanged; Sweden 0krona), 27.S5. un-
changed; Switzerland (franc) CONNER
ciaD, 23.40, unchanged
Latin America-Argentina free, 24a4,
up .02 of a cent; Brazil free, $50, un-
changed; Mexico, 20.62, unchanged.
Evening star., 1947-10-22
Business Expansion
In Capital Pictured
AT Bank Meeting
BY Edword c. Stone

Business expansion in the Capital
during the first nine months of the
year was pictured in a report to the
District Bankers Association by Hor-
ace F. Stokes. chairman of the Com
mercial Trade Activities Committee
Food stores, automobile accessory
shops and lumber-hardWare dealers
showed tremendous sales increases,
he reported. Department store sales
were up 2 per cent. New car regis
tratioDs increased by 10000 and
gasoline consumption increased S.
100000 gallons.
Installation of gas, electric and
water meters jumped and the con-
sumption Of these utilities materially
increased, he said. Building of FAM
lily units in the Metropolitan Area
went 2,453 units ahead of the pre-
vious period and mortgages recorded
reached an all-time high of $l03,-
636,323, Mr.. Stokes added.
Passenger Load Declines.
Less optimistic was his report that
the revenue passenger load of the
three local streetcar and busiines
showed decrease of 1882 900 riders
Government employees dropped
1888 but Government payrolls in
creased s4686,000 largely accounted
for by cashing of terminal leave
bonds. Private payrolls increased by
Sl.265 900. with an increase of en-
ployes privately hired of 3.1OO.
The condition of District banks is
healthy, with deposits as of OCTOBER
6 showing decline OF 1881 ,0OO
since Dec. 81, 1916, accounted for by
the withdrawal of $13,666 900 of War
Bond deposits.
With the return of Government
bureaus from other cities, the Cap
itals population should continue to
increase for some time, he forecast
Washington Gas Sales Rise.
Sales of the Washington Gas
Light Co. during September totaled
6,734, ,486 therms against 6,596,130 in
the same month last year. a gain OF
1886 therms, or 2l0 per cent. COM
pany officials reported today.
Nine months sales amounted te
96,638,07l therms compared with
87,165,83 year ago, an increase OF
9,452,240 therms, or 1924 per cent
officials stated
More than $50 bank auditors and
controllers were visiting the Capital
today as guests of the Auditors Sec
ton of the District Bankers Asso-
ciation
Enrolment in Washington Chap
ter, American Institute of Banking
has reached 80, an increase of 25
per cent over last years registration
at this time.
Joseph R. Fitzpatrick, vice presi-
dent of the Second National Bank,
is taking his vacation on the New
Jersey coast.
Clinton James Back at Desk.
c. Clinton James, vice president
of the Jefferson Federal Savings g.
Loan Association, is back at his
desk after months illness in a
hospital. Mr.. James is chairman
of the Law and Legislative Com
mittee of the District Building and
Loan League and former president
Of the United States Savings and
Loan League.
Loans in Washington banks gained
s1,618,000 in the week ended October
IS and demand deposits were up
s13.598,0 900 from the previous week,
the Richmond Reserve Bank re-
ported today. Savings deposits
were unchanged
Capital Transit dropped to a new
low of II on the Washington Stock
Exchange today. but closed at 17la,
with 1872 bid offered at 49, Three
shares of Riggs National came out
at 800 Garfinckel common was in
demand at l834.
Evening star., 1947-10-22
Washington Exchange
SALES.

SALES.
Capital Transit 1st ref 4s-SI 900 at 1O2
Garfinckel com new-3O at 1877,
Capital Transit st ref 4s-SI 900 at 1O2
CAPITAL Transit Co-5O at II.
Garfnckel com new-1O at 1S5a, 30 at
1874. ' ~ A'
Eiggs National Bank common-3 at $50.
capita. Transit co-100 at 17Ia. so at
Evening star., 1947-07-05

political power of the Lords to discussion
and recommendation of bills passed by
Commons, thereby eliminating both rejec-
ton and amendment. The upshot, in prac-
tice, would be to center all power in the
House of Commons and thus give Britain a
virtually single-chamber legislature.
The second idea would be to abolish the
hereditary principle on which the House
of Lords is founded. Membership in the
Lords would henceforth be personal: either
ex-officio, as now with the Lords Bishops
and Law Lords, or to holders Of titles
granted for exceptional public service. In
this Labor proposal there is no intention
of touching the institution of hereditary
aristocracy or abolishing titles. Hereditary
peers would still exist with all their honors
and emoluments except their present legis-
lative prerogatives. And finally, the pro-
posal does not touch upon the institution
of monarchy in any way.
Evening star., 1947-07-05
Requisites Of Peace

President Trumans Monticello address
contains truths of a sort that may seem
almost platitudinouS. Yet, like so many
other time-worn ideas, they cannot be
stated too often or stressed too strongly.
Emphasis and repetition can render good
service. Slowly but surely, in the field OF
principle, they can do much to win converts
in an overwhelming area. The story OF the
spread Of Christianity Is proof enough OF
that.
Basically, indeed, it is Christianity about
which the President has spoken at Month
cello. He has outlined four key requisites
of peace. The first Of these is that there
must be common adherence among nations
to the principle that governments derive
their Just powers from the consent OF the
governed. The second is that there must
be universal respect for basic human rights.
The third is that there must be free and
full exchange of knowledge, ideas and
information among peoples everywhere.
Finally, the fourth is that the different
powers-large and small-must shape their
economic policies to support healthy,
mutually enriching world economy rather
than separate nationalistic systems. These
are ideas animated by the Christian spirit,
by the Christian doctrine on the unique
worth and dignity of every child of God,
by the simple but profoundly practical
Christian precept that we should do unto
others as we would have them do unto us.
If mankind ruled itself in this manner,
the age ahead could be the finest and
happiest in history.
But the "if" here is very big. Nothing
could be more obvious than that the world
is virtually split in two over the four
requisites listed by Mr.. Truman. A perfect
illustration of the division is what he has
called the folly" Of Russia's refusal to CO.
operate in a European recovery pro-
gram. It is the kind of folly against which,
despite recurrent encouragement, the
United States and all the Western democ-
racies must ceaselessly uphold and seek
to spread the self-evident truths restated
in the Presidents Monticello address.
Christianity still has long way to go
before it encompasses the world. Obviously,
however, the fact that it continues to meet
strong resistance does not mean that there
is no further point to preaching it and
doing missionary work for 1t. The same
holds true for our kindred democratic
political philosophy. As long as men and
nations exist, there will be reason to cele-
brate and advocate the principles just
reafarmed at Monticello With their con-
slant espousal and strengthening by
peoples of good WILL the world may yet
be able to achieve, in the Presidents words,
mot peace in our time-but peace for
all time