davidaulloa/AmericanStories huggingface dataset:
Evening star., 1948-10-01
Business Briefs
Money in Circulation declined

Money in Circulation declined to
s2S, ,o80, 100000 on September 90. a
drop of 100000 from a week
earlier and s479 9,000, 900 below year
earlier-Federal Reserve Board. The
IL Federal Reserve banks increased
their holdings of Government Sc
curities by s1,42l ,970 900 in the latest
week.
Auto Factory Sales In the United
States totaled 461, 1886 units in Au-
gust, third largest monthly figure
since the war. but we're below 474.-
556 in the previous month due to
strikes in supplier plants-Automo-
bile Manufacturers Association. The
total was $40 above the same l947
month
Engineering Construction Con-
tracts awarded this week totaled
1921 SO 900 VS.. $100,303 900 in the
previous week and $166,8l2O00 In
like 1947 week-Engineering News
Record,
Public Service Electric & Gas Co.
asked SEC permission to issue $50
100000 of 15-year debentures to be
offered at competitive bidding.
Public Service Co. of Indiana re-
ceived SEC permission to increase
common stock to 100000 shares
from 100000. New shares will be
offered present holders at the rate
of a new share for each share held
Allegheny Ludlum Steel Corp. is
installing new melting facilities at
Breckenridge, Pa, at a cost OF S.
100000
Container Corp. Of America de-
clared an extra dividend of 81 and
a regular quarterly of so cents, both
payable November 20.
Mid Continent Petroleum Corp
declared a dividend of s2.25 COM
mon share, payable December /. The
company paid s1.50 June /.
Union Pacific Railroad earned
Sal ,791 .443 or $3.50 a share in eight
months ended August 81 VS.. S29, 9,821,
157 or S6.1l a year earlier.
Northern Pacific Railway net in
come for eight months ended August
81 was s4,22l ,604 or $170 vs. S6,329,-
1877 or s255 in the same 1947 period
Anderson, Clayton & Co. earned
S20,327.417 or $1354 in IL months
ended July 81 VS.. SIG, ,787 1929 or s13. Il
in the previous year.
May Department Stores Co. profit
for six months ended July 81 was
$6,475,000 or $2.11 a share. No COM
parsons for a year earlier wert
given.
Consolidated Gas Co. of Baltimore
earned S4,777,53 or 1926 in eight
months ended August 81 VS.. $5,4l6,.
e9e or $391 year earlier.
w. T. Grant Co. net income fol
six months ended July 81 was 81.
96l,312 or SLIP. No comparisons
for the same 1947 period were given
Ex-Ceu-O Corp. earned $1,880,07'
or SAT- in nine months endet
August 81 VS.. $1,528,490 or $3.50 ,
year earlier.
Mueller Brass Co. net income TO
nine months ended August 81 wa
S1693,826 OF $319 VS.. $l,723,675 o
1925 in the same 1947 period.
Crosley Motors, Inc, earned ST.,
496,854 or $3.50 in IL months ende'
July 81 VS.. $476,064 or "a cents Il
the previous year.
Miller-Wohl Co. net for IL month
ended July 81 was 1898 1862 or $1.4
VS.. $685., ,228 or $1.37 in the preceding
fiscal period.
Grand Union Co. earned $823.05
or $1.64 in six months ended Au
gust % VS.. 1862 ,604 or $132 a yea
earlier.
Evening star., 1948-10-01
New York Cotton

NEW YORK. Oct l LPl.-Cotton futures
following hesitant start, turned upward
and the entire list, with the exception oi
the 1949 october contract, was higher a.
noon.
Ruoyancy was Injected into the market
by price fixing, presumably against textile
orders, with most of the buying centereo
in December aud March contracts.
Lack OF notices against nearby October
resulted in additional short covering.
Noon prices were As cents q bale lower
10 81 cents higher than the previous close
October. 81 So; December, S1.1s, and
March. 3o.e2.
Evening star., 1948-10-01
{. & P. Board Adds
$2,575,000 10 Vast
Expansion Program
By Nelson M. Shepard

The Chesapeake & Potomac Tele-
phone Co. today followed up an an
nouncement of new $2,575 ,00C
authorization for improvements and
expansion with report on opera
tions revealing an increase of Sl0,-
655,008 in the value of its plant in
service over August of 1947.
The increase consisted in a large
part in Improvements to the central
Office facilities of the company,
bringing the total value of the plant
at the end of August to $98 8,080 ,485
At the same time. it was reported
there were 436645 telephones in
service at the end of August, COM
pared with 1896 $50 in August year
ago. another sizeable increase.
Net income for the month
amounted to $780, ,252, more than
treble the s1o9,166 earned a year
ago in August. Operating revenue
totaled S2,848,049 as compared with
$2,411,541 for August, 1947. Oper-
ating expenses Of the company, in
cluding taxes, totaled $2,507,522 for
August, an increase Of $213,049 COM
pared with the like month a year
ago.
Additional Projects Listed.
The directors announcement of
new improvements Just voted indi-
cate that the company is looking
forward to another year Of general
expansion. Largest single amount
approved was $2,037, 900, which will
be expended for a great many small
plant improvements, replacements
and the installation and removal
of telephones in the District during
the fourth quarter of this year.
Expenditure of 5000 900 was au-
thorized for installation of 1.3 miles
of aerial cable and 8 miles of un-
derground cable in Anacostia pre-
paratory to placing in service the
C. g. P's new dial center at Con-
gress Heights. The cable project
is part of an extension program in
this area involving the erection Of
new buildings, dial system equip
ment. and additional outside plant
facilities at a cost of approximately
S3,353,000 Completion Of the pro-
gram will enable the company to
clear up a large number of orders
for telephone service being held
up in this area because of a lack Of
facilities.
Lanston Monotype Machine Co.
of Philadelphia. shares of which are
listed on the Washington Stock Ex-
change. has declared its regular
quarterly dividend of so cents a
share on common stock, payable
November 80 to holders of record
November 19.
Clearings Below 1947.
Washington bank clearings for
September totaled S298, ,873 800. COM
pared with s311.3O4 ,948 in September
year ago, something out of the
ordinary, the Washington Clearing
House reported.
The decline was attributed to IAN
exceptionally large aggregate" in
September, 1947, while last months
figures were more in line with nor
NAL September conditions.
For the nine months of this year
clearings totaled s2,686.273, ,752, as
compared with $2,498, ,729 1892 year
earlier.
Evening star., 1948-10-01
Brokers' Looms Gain
$109, 900, 900 in Week
BY the Assoeiotsd Press

The Federal Reserve Board re-
ported that loans to brokers and
dealers on securities held by MEM
ber banks in New York City totaled
1928 ,000, 900 Wednesday, an increase
Of $l09, ,0O0, 900 from a week ago, and
a decrease of $l14,000,0OO from a
year ago.
Included was $5l5, 100000 lent to
purchase or carry United States
Government obligations, an increase
of So, 900 900 for the week.
Evening star., 1948-10-01

Sun Chemical Corp. elected George
w. Ullman president and A. c. Horn
chairman of the Executive Commit
tee.
York Corp. elected Marshall G.
Munce vice president.
Evening star., 1948-10-01
Bituminous Production
Smaller DURING Week
BY the Assoeioted Press

BY The Hssoeiofed Press
The National Coal Association
estimated today that bituminous
production in the country last week
amounted to 11,840,00 tons, so 1000
tons less than in the week ending
September 18.
Production for the year to date
has been approximately 426, 6,22l 900
tons, compared with 449, sos, 900 in
the same period last year.
Evening star., 1948-10-01
N. Y. Bond Market
Furnished By the Assecistea Press, }
LIST INCLUDES Only SEIECTEn ISSiil

, S6AkES = 1O 1oS OE0
lLeh Val4s20O3st 37lh
ILehvl Trm 5s5l 7zh
ILorillard SIS 51-.1oeiA
M K r Is SO A. IS
mo Pac 6hs ~ 26
mo Pac IS n r IS
IMo Pac Rn As rs 45
MAT Dairy 2A7O o7N
lNYC 4las2O13A 6oA
IN Y C con As 9S. 64h
my Conn2hs75 30
NY Dock Is 81 -
INYNHin41as'22 Aeih
lNYNHH 4s2OO7 7o,A
NYOW RI As o. 13h
INYOW g As 55-. GA
Nor P cit 4Has76 1cli1
Nor Pac 3s 2O47 62A
Pac T&T 3As7S 1o3z
PennRRg4Ass1 9si1
PennRR 3k4s52 1914
Phil Pet 2As64 1ooAb
PCCStL IS rs B lo7
Rutln lst4hs41 13A
Ruth Can 4s49 11h
IStLSP 41as2O22 6o1a
Seab in4las201e 7lh
] ISkelleyO 234s65 100
50 B T&T2hsS7 ~
ISou Pac 4las SO. e3M
lSoPac4hsOr77- SSzb
T&P 1st5s2OOO 124
Third Ave s. 60 -
Third Ave Is 90 "a
UnElMo gas rs -
vaH&Pv3hs63 100
! vs. HAilWy IS 95 -
West Nd Is 81 1oolA
lWisc Cent Is 20 72A
Evening star., 1948-10-01

Hourly Saies ON the Exchange Today:
II 100 an. l2o 900 l2.UU noon 72o 900
1000 pm. $50 600 900 pm. 600 600
fUnit Of trading, 10 shares. sIn bank.
ruptcy or receivership or being rsorgan.
tiles assumed by such companies. Rates
Of dividends in the foregoing table are
annual disbursements based on the last
quarterly or semi-annual declaration
Unless otherwise noted, special or extra
dividends are not included. cid Called.
Ex dividend; xr Ex rights. Also extra
or stock. Declared or paid so far thn
year. fPaya5le in stock, estimated cash
value on DATE nsid ls,
dividend or split-up. K Declared or paid
this year. an accumulative issue with
dividend omitted, deferred or no action
taken at last dividend meeting. Payable
IN stock. exact cash value undetermineo
On declaration date.
Evening star., 1948-10-01

| Alaska Airlines-
Alum Ltd 2
Alum Co Am 3
| Am Gas o. El ID
Am Lit&T 1.20e
AmPt&ChB l ha
| Am Superpower
| Anch Post Pr "
| ArkNGas A zoe
Babcock&Wil 4
Basic Refrct 40
Bell Tel Can n
Blue Ridge 49,.
BrwnF Dist .s0a
Brwn-F tr pf.40
Bunker Hill Ia.
Burma Ltd ---
Cent & s W 80
Cities Service q
Claude Neon
| Coml q Sou war
Copr Range Ne
Crosley Mot ise-
Cub Atl Sug "a
Dennison A .60e
Fl Bond&Sh Ae
EQUITY Corp Ne
FansteelMetAg
| GenPlywood 10
| Clean Harv "a .
| Goldfield Cons.
, Hecla Min l
Evening star., 1948-10-01
Washington Exchange

SALES.
Potomac Electric Power com-10 at 13ss
80 at 13ss, % at 1873.
Terminal Ref g. VIII. Corp at SO
Washington Gas 4.25 pfd-1O at 100, 4C
at 100.
Potomac Electric Power com-1 at13A.
81 at 1874
Capital Transit co.--Io at 17ls.
Evening star., 1948-10-01
N. Y. Curb Market

NIX SELkCIEU 1SSUBk8
| 5 Imp Oil Ltd NJ. lslA
~ Int Petrol u 11M
Invest Roy .O4a. 14
"a hlKaHer-Frazer- 1oIl
N| N|Leonard on Dew NS
N Long Island Lcg w
McWill Drdg go 1oA
n,Mich Bump .45e ,
- MdSPAvtcl zoe 3oih
20 HIdStPB vtc Ae ~
" Miller WohI 80. m
Mining Cp Can 10
Molybdenum "a eb
~ Niagara Hud Pr 7ss
Nor Sta Pwr A Ah
~ NorthrpAirc Ae- lila
lOldPoindex .2Og eih
hlPancoastal Oil 3N
70 PantepcOil 1.2S. 1lh
" IPatican Co ia
N Pennroad .4og-. "
10 Peppereli 3a -
hI Pitney-Bow sos II
- R-K-O oot war ~
u RioGrndVG .10s 2
n st Lawrence pf 22A
70 SaltDomeO Ihf 6S
"a Scullin Stl ! ag- 20
iz Select Indus )
70 Std Power q 1t IL
u United Corp wv ~
- UtdLt&Ry 1.06e 22ih
80 United Stores- 2M
Evening star., 1948-10-01

1hEASUHY 1:ld
gas 72-67 Dec 100 .
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06

We therefore take this means of
informing you that we are not in ac-
cord with the statements which your
speech contained and wish to inform
you that our opposition is entered to
such remarks if you are to be looked
at as a representative of ALL of the
people of this state.
Trusting that the remarks which
may be made by you in the future will
be the thoughts and wishes of the
general public of our great state,
while you may be acting in the capa-
city which you now hold as governor.
With our regards, we hope to re-
main,
Very truly yours,
BUTTE BLDG. & CONSTRUCTION
TRADES COUNCIL
WILLIAM HONEY, Secretary.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06
STATE MERIT EXAMS TO
BE HELD FEB. 28

Merit examinations for positions
with the State Board of Health, De-
partment of Public Welfare and I'm
employment Compensation Commits
sion will be given throughout the
state on Saturday, February %, it has
been announced by Melvin P. Martin
son, merit system supervisor.
Applicants are being sought for the
following classes of position: typists,
interviewersj caseworkers and child
welfare workers. Announcements and
application blanks are available at
county unemployment compensation
and public welfare offices.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06

filing names of all eligible voters in
families of each CLIO member.
In pointing up the necessity for
getting complete registration, it was
pointed out by Miss Verda Barnes of
National CIO-PAC that in 1916 only
80 to 40 per cent of all members of
labor voted. The percentage of the
families who voted was even less.
To Work With Others
Throughout the meeting, delegate
after delegate emphasized the import
ance of the CLIO working in close
harmony with other progressive
groups such as the AFL Educational
and Political League, brotherhood
groups, Farmers Union, etc.
Prevalent opinion of the delegates
oncerning the Taft-Hartley law was
that if labor tried to defeat the pres
ent congress solely on that basis. the
would be doomed to favor,
since only labor is directly affected
Continued ON Page Four
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06

passed by congress after some
1900 employee suits had been
filed, seeking nearly $6,000,-
100000 as back wages under
the ruling of the u. S. supreme
court in the Mt. Clemens Pot
terry company case.
The Portal act establishes two def
mite periods, and deals with each
separately in respect to claims for
wages for travel time or time spent
in make-ready activities. The first
period is commonly called the Be
FORE period inasmuch as it deals
with claims covering the period be-
fore May II, 1947. The second phase,
or the AFTER period, deals with mat
ters arising after May IA, 1947.
AS for the BEFORE period, the new
act deals rather sweepingly. It's pro-
visions are intended to make many
of the huge number of employee
claims for back wages covering that
period invalid. The provisions would
expedite disposition of old claims by
relieving employers of
liability and punishment for failure
to pay minimum wages or overtime |
compensation for certain activities. |
Unless an activity was one which had |
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06

Attention was also called to the
closing dates for registering. For the
primaries, final day is June 9Th. For
the general, the books will be open
from July 81 through September IS.
PAC Activity Already Underway
Reports from various delegates in
dicated that in almost every local,
members were giving serious thought
to registering and to understanding
election issues facing the state ~
nation this fall, some locals are e
viding mimeographed education, p
culars regularly to their mr. 81
Others are making court houg K
ups to determine which me- so are
not registered. Still other card
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06

oy delegates from all CLIO To-
Gals at an executive meeting to
be called by Chairman Ora
ham about a month hence.
Sundays meeting was strictly one
OF an organizational nature, with en-
phasis being placed on the setting up
OF PAC committees in every local
union, on registration, and explana-
ton of state registration laws.
Particular emphasis was placed
upon recent ruling by Attorney
General r. v. BottomIy that. ac-
cording to Montana law it is man.
datory upon the county commits
sIoners to name deputy registrar
IN every precinct in the state.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06

$8,400. Stucco is cracking, roofs are
leaking, hardwood floors are buckling,
and the buildings in general show
poor construction. We wish to have
an inspector visit us individually and
note our specific complaints and de-
termine if it is possible to have these
defects corrected"
Aug. 10: Twenty-Five veterans last
night drafted a letter protesting pay
ment on their newly constructed
homes unless definite action is taken
to rectify the present defaults. All
the veterans signed this letter and
agreed that all future payments would
be marked Under Protest. A move
to withhold payments was vetoed"
Aug. 81: Veterans won a major
victory yesterday in their fight
against inadequate and faulty housing
when the contractor promised to make
good any reasonable" defects in the
houses"
Sept. II: Veterans win new round
in housing. Get rebates on homes.
Builders will make good ON contracts
and full restitution for failure to con-
struct vets homes according to FILA
specifications"
Sept. IS: Contractor Louis jan
sen, and wife Minnie, sued by vets
for SAT, $50 on claim that their houses
were constructed 'negligently and
with inferior materials. The con-
tractor, federal and state officials
asked for appointment of a commit
tee to arbitrate' but the vets and their
attorney, E. R. Vaughn, refused"
oct. IL: Criminal information filed
with U. S. Judge Harris charging Stet-
Continued ON Page Four)
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06

their housing deals.
Through the efforts of the
| WV dishonest interests in
California and Pennsylvania
have been indicted and in Mon
tana y. S. District Attorney,
John Tansi1 has the Billings
Calhoun Lane deals under considera-
ton and action is expected any day.
John Bonner, commander of the Mon
tana department of the VFW, is ac-
lively supporting the German commit
tee appointed by Billings Post VIEW
No. 1884 to investigate the Calhoun
Lane housing deals.
The veterans in Calhoun Lane pur-
chased their property from A. w.
Hartwig and Jeff Tingle, promoters
of the subdivision, the mortgages
and guaranteed by the Federal Hous-
ing Authority and the Veterans Ad-
ministration through the Montana
branches at Helena. These unsavory
deals have been publicized in NEWS
LETTERS for several months, and in
some Montana newspapers, n
printed in the Congressional Record.
The troubles of the Sacramento and
the Billings veterans are good deal
alike but the CTS in California have
one big advantage-they have a fear
less daily newspaper-The Sacrament
to Union-devoting liberal space to
articles and pictures of the situation
there. Following are a few excerpts
from writeups in the Sacramento
paper:
Aug. 16: In a letter signed by all
the veterans they state that the price
of the houses range from $4,000 to
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06

been compensate at the time of its
performance either by express provis.
ions Of written or non-written con.
tract, or by custom or practice,
at the place of employment, the EN-.
ployer is relieved from liability
The Portal act does not seek to
define the activities involved in the
claims for back wages for the BE-
FORE period. 1t makes no distinc-
ton between those activities per-
formed by an employee during the
workday proper and those activities
such as travel time-performed at
the beginning or end of the workday
1t provides that no federal or state
court shall have jurisdiction to en-
force any liability or impose any pun
ishment with respect to an activity
which was not compensate in accord
ance with the contract, custom or
practice provisions cited above. AS
a further step toward disposition of |
claims involving the BEFORE period, |
the new act permits compromise set |
Element of certain claims under spe-
Gifted conditions.
No provision for compromise set
,lement of claims is contained in the
CONTINUED on Page FOur)
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06
timber bhnONS
al 81 ATTEMPTING
GRAD I'M oregon

Montana doesn't seem to be the
only state which is plagued with large
lumber interests attempting to set up
monopoly timber management deals
| in COOPERATION with the Forest
! Service.
! In fact, possibly Montana is more
! fortunate than some other areas. For
instance, during this next week, the
Forest Service out in Oregon will hold
public hearings on not just one, but
on twelve, proposed agreements be-
tween big operators and the USFS.
And, as in Montana, there's con-
siderable opposition arising-not only
from labor, sporting, and farm groups,
but from business groups as well. In
final essence, it seems everybody out
there except the boys who anticipate
the dividends of special privilege, are
in opposition. And, that opposition,
like the opposition in Montana, is
militant.
Spearheading the fight against
would turn over to monopoly timber |
interests the last remaining stands of |
Douglas Fir in Oregon, is the West
ern Forest Industries Association.
This association which is made up of
timber owners, logging
mills and distributors, plan
10 carry the offensive of the opposi-
ton at five hearings which will be
leld during the next week in the
eugene area. To implement this they
lave called Attorney Left Erickson to I
eugene to lead the attack. Erickson,
t will be recalled has been heading
Up Montana opposition to the Forest
Service-J. Neils Lumber Co. deal in {
lincoln county.
Libby Deal Bad for kalispeII t
Business
Thirty-five of the leading business {
zen of Kalispell including Mr.. Keith, f
cad of Kalispell Mercantile, last Sat 7
rday joined hands with other bust f
eSS, labor, veteran, farm and sports f
lens groups, to more effectively fight Il
he j. Neils proposition. Keynoter at \
he meeting in the Temple tea room T
vas Attorney Erickson, who reports
hat these men were quick to see q
that the establishment of such 7,
uge monopoly in that area could do -
, small business.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06

Butte, Mont, Jan. %, 1948
Hon. Sam Ford, Governor,
State of Montana
Helena, Montana
Dear Governor Ford:
At the regular meeting of this coun-
ell held on this date we have been
presented with a copy of the speech
which was made by you at the Wool
growers convention, January 16, at
the Finlen hotel.
We have noted the comments which
you made regarding the MVA and the
statement "MONTANANS DO NOT
WANT MVA" and we are wondering
which Montanans you refer to? This
organization and many other labor or
ganizations throughout the state have
always went on record of being vitality
interested in the development of our
state and feel that the MVA offers
more development to the state than
other programs which you also men,
toned in your talk, namely the Pick
Sloan plan or the M.R.B. as we feel
the development of our state will need
much more and that the irrigation
projects and hydro-electric, will not
be developed in opposition to the
MONTANANS, of Wall Street which
we surmise you are mentioning in
your statements to the Woolgrowers
as the people which YOU REPRE-
SENT.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06
AS Meat Packers Have "Roman Holiday There Is
Danger Of Food Riots In Denver AS Low
Income Families Go Hungry

homes. Two years ago, Mrs. Rose
said, the parents heaped argument
upon argument as to why they should
be allowed to keep their children.
They would agree only reluctantly to
temporary separation till house or
apartment could be found
Today they just agree DULY, well,
I guess you're right, Judge. At least
the children will have enough to eat
at the state home or wherever you
can put them"
Breeding Communism
The situation, Mrs. Rose believes is
fertile breeding ground for commun-
ism.
"Here in the land of plenty the
white collar worker is actually suf-
fering," she pointed out. "lf some
one comes along and says we have
better system what's to keep this
man from thinking anything which
would give his family three meals
day would be better?
"These children, now so terribly re-
signed, are growing up embittered,
anti-social and delinquent Their
minds will be open to any promise.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1948-02-06
BY EVA HODGES
Denver Post Staff Writer

Food riots in Denver? The POSSIBLE
ity is daily more imminent unless the
giant press of food prices on white
collar incomes is eased, Juvenile court
workers here believe.
ct think we should help the starving
in Europe, surely, but too few people
realize that there are good, decent
families in Denver who are actually
going hungry" Mrs. Mary Rose, chief
probation officer, said emphatically.
Rent Cuts Food Budget
Throughout 1947 the court daily
dealt with families, the heads of which
could not feed their children on sup
posed living" wage of from $27 to
$35 a week.
Housing is closely related to the
food problem, according to Mrs. Rose.
Many people in Denver are not eating
enough so that they can pay the nee
essary $50 to 500 rent
The losing battle against initiation
is reflected now in the faces of par
ents who are asked to surrender their