davidaulloa/AmericanStories huggingface dataset:
Evening star., 1948-07-16
Disease Carrying Snail
Found in U. ). Waters

Scientists at the National Insti-
tutes of Health have discovered in
Louisiana waters a species Of snail
that can be host to the organism
causing scnistosomiasis-the dread
disease which. for centuries, has
ravaged tropical and Far Eastern
countries.
The particular species Is the only
type of snail in this country found
to be potentially dangerous among
hundreds tested by the institute
since 1914.
II eggs of the schistosomiasis
organism were deposited by human
beings with the disease in the Louis
lana area where the host-snails
have been found 1t is conceivable
that a real public health menace
could develop. Omcials estimate
that more than 1000 servicemen
returned to this country with the
disease.
DR.. E. G. Betty. of the institutes
Division OF Tropical Diseases, how
ever, said there is small likelihood
of such an occurrence in the lin
tied Louisiana area, which is near
Baton Rouge. And now that pres
ence OF the snails is known. he
pointed out, the Public Health
Service Is in a position to keep the
area under close supervision.
Specimens Of the snails from
Baton Rouge are among thousands
the institutes is cultivating IN more
than 100 tanks in q special snail
room at the Division Of Tropica;
Diseases.
A number of the snails will be
included in an exhibit the division
will open to the public tomorrow
when the institutes sponsor open
house in observance Of the 150th
anniversary Of the Public Health
Service. PHS personnel are In
vited from 2 to pm. and the pub
lie is invited from 7:30 to 10 pm.
The institutes are located on
Rockville Pike, two-tenths of mile
from the entrance to the Naval
Medical Center.
Evening star., 1948-07-16
Wayward Bus Retrieved;
Seroeant Still Missing
ey the Asseeiotsd Press

FORT DIX, N. j.. July 16.-The
case Of the wayward bus narrowed
down today to the mystery OF the
missing sergeant.
The big green bus, object Of an
eight-State police search after 1t
had been reported missing here,
turned up yesterday at Philadelphia
but without its driver, Sergt. Will
liam Flanagan of Atlanta, Ga.
Army authorities here said they
knew only that Sergt. Flanagan had
phoned in that his bus was involved
in an accident in Philadelphia.
He had been dispatched to drive
20 wounded veterans on a tour OF
New York and New Jersey. The
tour started Tuesday, ending at a
New York hospital, where the vet
Grams remained overnight. On
Wednesday. when the bus was to
resume its trip, none showed up.
A special detail from Fort Dix
reached the site mentioned by
Sergt. Flanagan yesterday and
found the bus, but no driver.
Evening star., 1948-07-16
New York Cotton

NEW YORK. July 16 1P.--Cotton fu-
lures turned irrergular inn slow trading %
We're Of, set SET By mili buying.
Some commission house demand vas
attracted By prospects Of HIGHER loan
tiles and snot cotton, along with excellent
private crop reports DISCOURAGED faiyine
tendencies.
showing more interest Ia prices on the
new crop, With fair volume OF sales
put through in the carolinas. ~.
bishsr In Ib cents lower than the pre-
vious close. October. 32.15; December
az. OF and March, 32.04.
Evening star., 1948-07-16
Lanston Votes Dividend.

LanStOn Votes D1vldenu.
Lanston Monotype Machine Co.
directors have declared the regular
quarterly dividend of SO cents per
share, payable August 81 to stock
holders of record August Is.
Hill g. Tibbitts. veteran Ford deal
ers at 1114 Vermont avenue NV,
today celebrated the 32d annlver-
sary Of the founding of the COM
pany by William G. Hill and Rus
sell Dexter Tibbitts. Mr.. Hill is still
president. Mr. Tibbitts, a naval
pilot, was killed in World War l.
The s2,OOo0OO Washington Sub
urban Sanitary District water and
sewer bonds we're awarded to
Phleps, Fem & Co., with Ferris g.
Co., member of the syndicate,
The bonds yield from IL to 3.12
per cent to maturity.
Security Loan sales have reached
s16,6O6, ,o20, or "a per cent OF the
s22 100000 District quota, Chairman
Tomas j. Groom of the District
Savings Bond Division reported to-
day. Series E. bonds stand at 81
per cent Of the quota, F and G
sales at go per cent.
Evening star., 1948-07-16
Chicuqo Grain

CHICAGO. July 18 P.-Most grain
Of Trade today, but soybeans continued
their sharp downward movement. July
corn again displayed Independent strength
on short-covering.
The drop in soybeans was attributed by
traders to good crop prospects and slump
ing prices for various oils in New York
and other markets Crude soybean oil.
cottonseed oil, corn oil and peanut oil
all were lower. Lard also eased.
At noon wheat was 70 lower to "a
to Ia higher. July, 2.121a: oats were h-ss
lower. July, s91a; rye was h-1a higher.
July. 1.S9, and soybeans were 5h to Z
lower, July. 3.73.
Illinois Zinc Co. net for nine
months ended June 80 was Sl50,216
or "a cents VS.. 1862 2,473 or 1929
in the same 1947 period.
Evening star., 1948-07-16
Chicuoo Livestock

CHICAGO. July 16 R (uSDA1 sal.
able hogs, 5000; total 1000; slow, about
steady on ali weights and sows; top. 39:So
most gSGsso a. an ssasse sesss iaSaao poSnds Daaso
$50; Sso-300 pounds. 26:25.27 rs;
sTound 3sSDound Es,sh.s' Soe 60 .ood aod
and choice sows under $50 pounds. 23, 90
37s.4o0 peunds; q .;s, oo 90 s.ifh5s sR3s
down to sround 1880 for 56o-pound av-
er.gss; soed slsaI,anneeee; nee. ,o,.,. ,.soo; SAL
able calves. zoo; total. 200; generally
weak g 50 lower nsdin sss,.T se 1899 st tet &c.
sood aoo.pound yeariinss, 5000: canner
and cutter cows ssTHmosna ss Hnssa ;1c so
sausags bulls active. -firm At 26.00 down;
vesisI, STEADY at So q 90 ,dt., dSTn. ooo slow:
sprinc lambs 6J iower:, yearlings 30 to
100 lower; slaughter ewes fully r,r % sms, lomfr
al. .go-si 90: top, 81 90; good to choice
yeariinss. fun wool sorts 2s.o0: odd nsao soo
TB
Evening star., 1948-07-16
Business Briefs
Tire Production in May includ

Tire Production in May included
5,7l9,740 passenger car castings, a
rising of $50 from the pervious
month-Rubber Manufacturers AS
socation. Shipments declined 1870
while stocks rose 6.7%c.
Automobile Production in the
United States and Canada this week
will total 1899 units VS.. 98, 700 last
week and 103,091 in the like 1947
period-Ward's Automotive Reports
United Air Lines announced it had
filed a request with the CAB for g
1870 passenger fare increase, effec-
tive September l. on all lines.
Brewster Aeronautical Corp. de-
clared second liquidating dividend
of so cents a share, payable July
27. An initial liquidating dividend
of s5.25 was paid December "a.
Patiho Mines & Enterprises Con-
solidated, Inc, announced it is dis
tributing all shares of Patican Co
Ltd, to Patino stockholders of record
August % at the rate of one Patico
share for each two Patino shares.
Tidelands Oil Corp. has sold an
undivided one-eighth interest of a
9.600-acre lease block in the Gull
of Mexico to "a very responsible
corporate purchaser" which has
agreed to a cash payment equal to
half the cost of completing 1900
foot well
Indiana & Michigan Electric Co.
registered with the SEC $25, 900, ,000
of frst-mortgage bonds, due 1878
for offerings at competitive bidding
American Light & Traction Co.
registered with the SEC 10000
common shares of Detroit Edison
Co for sale at competitive bidding
General Electric Co. earned $54,.
602.339 or Sl.89 a share in the first
half OF l948 VS.. $40 .802075 or sl.4s
a year earlier.
American Power d Light Co. ano
subsidiaries had net income OF S.
528.987 in three months ended May
81 VS., $5,735590 in the same l941
period.
Lehigh Portland Cement Co.
earned s4,347, 1902 or s4.57 in II
months ended June 30 VS.. SO ,224 ,202
or $3.50 in the previous year.
Nj. A. Hanna Co. profit for six
months ended June 30 was 50 ,949 66s
or 1884 VS.. $3,032.4 or S2.74 in the
same 1947 period,
General Baking Co. earned ST.
5o7,447 or "a cents in 26 weeks ended
June 26 VS. sS30,250 or 81 cents g
year earlier.
Alpha Portland Cement Co. net
for IL months ended June 80 was
s205o,645 or s3.4S VS.. sl,63l ,527 o.
s2.76 in the preceding fiscal period
United Stores Corp. earned 81
o79.5s5 or II cents in six month
ended June 80 VS.. s1,084.4l0 or 7
cents year earlier.
Chesapeake Corp. of Virginia ne
income for "a weeks ended June /
was S1.538,009 or 1888 VS.. 81 .68s A
or S365 in the like l947 period,
General Time instruments. Inc
earned s79o,042 or s223 in II week
ended June IL VS.. s442,l56 or Sill
a year earlier.
Lehigh Valley Coal Corp. prof
for three months ended June 80 wa
s486.o53 VS.. s87,476 in the same 1874
period.
Copperweld Steel Co. earned ST.,
277.196 or s240 in six months endet
june 80 VS.. $392,222 or SO cents
year earlier.
National Airlines, Inc, reported
deficit of s1,953,458 in II month
ended May g. VS.. net income o
$6e9,149 in the preceding year.
Nestle e-LeMur Co. earned sl10,9l'
In nine months ended May 81 VS.
l6o,308 a year earlier.
Evening star., 1948-07-16
New York Produce

NEW YORK, July 16 P.-Butter.
336,544, easy. wholesale prices on bulk
cartors-Creamery, higher than 92 score
tA), so. 80 score tB), 76h-77; 80 score
tC), 1871. New tubs usually command
"a. cent pound over the bulk carton
price)
Cheese, 1876 707; steady. prices un.
changed
Egg prices were mixed in the whole
sale market today. Receipts totaled IA
400 cases Spot quotations follow:
Midwestern-Mixed colors, fancy heavy
weights, 53h-55; extra l large. SOL :
As; standard /, 45-45la: dirties, 40ha;
checks. 31-31k.
White-Fancy heavyweishts, b6-5s: ex-
ira large. 511a-53; extra large. 1880;
extras and 4, 46-47; extra l medium,
51-53.
Browns-Faney heavyweights. 55-57;
extra / large, 52H-53: extra 2 large. Al
so; extras 8 and 4, 46-47; extra l med
iurn. b0-52
Evening star., 1948-07-16

2lss 72-67 Dee 100 "a
NEW YoAK CITY
70 90 1o3,sts
FOREIGN ESQ
Antwerp IS IS =. S7A
Australia SIS b5 1o2
Brazil IS Al st Al
Chile 6sFeb61 . 27A
Med Mun6Ias54 3SN
Peru ind 6s 81 Is
DOMESTIC 2::a0
Am&F p bs2030 96
Am T&T 2A4s57 l1316
Am T&T 2.4s61 1854
| AmTobacco3s62 1oz1
Atl CT isI IL 81 los
Balt&Oh 6s75B -
Balt6sOh 6s95G 50
B&o CIV 4a2010 -
Bost Ne 4las 70 56h
Can Nat 4hs51, 1oe9t
Can Pae Is pern e4A
Cent Ga Is soc IL
Cent Ga cn5s45 72iA
CG4ias2020Bvi ssh
Cent Ga 4s95 wi ~
Cn RR NJ IS 81 u
GEO 4ias g2 127
c B & q 2Kss 70 -
chi&E ! inc 81 asa
ChiI&L4ia2003 5A<
cMStP4 Eas2044 50
ChidsNW 4Iasa9 50
cRRin41as20 0SN
c r ! d p 4s ~ Jog
Gin GEE 2s4s75 e0iA
CityInvest 1851 90
CcCstL 4Kas n 73M
CleyeUT4las77 1o3ih
Cons Ed cv 1858 1924
Day Pal 22475 9oiA
D&RGW 3-4s93 0oa4
Det Edison 3s701o3iA
Duo 1t gas TT o0h
Erie 4Aas 2015 "a
Goodrich2s4s65 100
Ct Nor 51as 81 Ill
Ct Nor 3hs90N %
Gulf MAO 4s7b 1ooiA
@ MAO 2044 b 6@tA
Hud&M RI IS 81 6JM
Hud&M in IS 81 ~
Evening star., 1948-07-16
Market AVERAGES
Foreign Exchange

NEW YORK, July 1e 0P.-Foreign ex-
dollars. others in centsj:
Canadian dollar in New York oper
market w per cent discount or 92s7Ha
United States cents. unclaimed.
Europe-Great Britain, 4.O3A, un-
changed; France franc) .32A Of a cent
UNCHANGED Italy Nibra) July hxed rate
.OO1739, June .OO1739: Sweden (krona)
27.S5. unchanged; Switzerland dranc)
(commercian $40. unclaimed.
Latin America - Argentina Ireel
2O.75n, np 80 Of - cent: Brazil free)
$50, unchanged; Mexico 20.61. un-
changed.
Evening star., 1948-07-16
u. 5. Chamber Expert
Forecasts Prosperity
For 6 10 Z Months
By Edword G. Stone

Continued high level prosperity
for the next six or - months is
forecast by the Chamber of Com
merce of the United States in views
expressed by DR.. Emerson Schmidt,
economist. Forces making for sus-
aimed prosperity are as strong to-
day as at any time In our history,
he said.
Pressure on prices is likely to con-
finue, although grain and a few
other prices may be somewhat lower.
The favorable economic situation is
based on capacity operations IN
most lines of activity, Mr.. Schmidt
added.
Residential construction is rs per
cent ahead of last year. The auto
mobile industry has enough orders
to sustain output for perhaps two
years. The third round of wage
increases will pay into the hands Of
consumers some eight to twelve bill
lion additional income as little of
his income will be saved.
A few industries are facing read
ustments, he said. These occas-
sional soft spots would not seem to
forebode general recession. Com
mercial loans are expanding, ere
ating new nonexisting purchasing
power. Money is turning over more
rapidly and consumer credit is twice
the 1899 figure.
Gray markets in steel, aluminium.
far mmachinery, some building sup
plies and automobiles are likely to
continue for some time The Gov
ernment has few effective weapons
to deal with inf1ationary pres
sures.
Washington Gas Sales Climb.
Washington Gas Light Co. sales
in the first six months of 1948
totaled 92O24,385 therms, against
76,733.783 year ago. an increase OF
15,29O.6O2 therms or 1881 per cent,
company officials announced today
This is another all time high due to
steadily expanding business and
lower temperatures this year than
in 1947.
June sales totaled at $685. ,285
therms compared with 7,735.34 in
June, 1927, a gain Of 919 939 therms
or 11.90 per cent. In the first half
wear, sales compared as follows with
1947:
Evening star., 1948-07-16

Houriy Saies On she E1ehanee Teaay:
II: 100 an. $50 900 1900 noon 62o GOO
loo pm 76o 600 2:',0 . 10 l2o ooo
fCnit of trading, 10 shares in bank
ruptcy or receivership, or being reorsan-
lied under the Bankruptcy Act. or secur-
Of dividends In the foregoing table are
annual disbursements based on the last
quarterly or semi-anuual declaration.
dividends are not included. cid Called.
< Ex dividend. xr Ex rights.. . Also extra
or extras. Plus stock dividend Cssn saa
year. fPayable in stock. estimated cash
value on ex-dividend date, Paid last
year Declared or paid after stock
dividend or split-up kDeclared or paid
this year. an aceumulative issue with
dividends In arrears, Paid this year.
taken at last dividend meeting. De
elared 1s4s payable IN 1e4s. Liuuidat.
ing dividend. zPayable in stock; exast
cash value undetermined on declaration
Evening star., 1948-07-16

= ~
III Bell 2Ns 81. S7N
&c zAs 90. ~
ICC 0tL 81 63 A ooA
ICCatL Ans s. S1lz
lntotNor g Sc. 3~
Int @ N 1st6s62 65M
Int ct No6s66B 63h
rntHydroEl6s4A Ah
Lacleded eds4M63 1924
Lehval4 1as2OO3 39iA
Eeh Val 4sa003s 36iA
Mid RR NJ $40 5oh
MKT S. SO A olN
MKT adj 5s67 ~
Mo Pac 6sas ~ 27&
Mo Pac % n p o4h
Mo Pac gn Is IS A5A
Nat Dairy 80 10 102
NEngT&T 81 50 looM
N o r M 5Ias54 S5h
NYc 4Aas2013A ~
n z c con As "a 66
|NYCHR 3las 81 81
iNYNHin41as22 ~
NYNHH 4s20O7 y
Nor Pc 5s20z7D %
.NoPac4 tss 2047 oeA
orWsRRN SIS 80 1854
Pac G&E 50 70 1oo7S
nnCtAir3Ms6( -
eeunRR94ias65 1o5A
FennRHg4NsS1 lola
PennRR 3k4s52 e0A
Phils Co 4As6l los
Phil Fl gas 70 o94t
Pitts stl AIS 5S1o2A
StLSF 41ss2022 81
.StISanFrn4s07 ~
StL sw RI Is 80 lolia
StLSW 1st4sS9 100
seab in4tas20lo 7lAI
SoPaeinc41ass1 -
Sou Pac 41ss 90 e7h
SoPac4hsOr77 1o3
80 Ry gn 6s Sc 100
Tex&Pac 3hsa5 1914
Third Ave 81 so 6olh
vaE&Pv3isso3112
wabash 3As n %
West Nd - So 1ol
West On 81 81 : 1oo1A
West On IS 60 S3h
West On 4lss 6o1ooA
WheelStl 3LS67 eeA
Evening star., 1948-07-16

Phillips Petroleum Co. announced
formation of a wholly owned sub
sidiary, Phillips Chemical Co.. TO
handle chemical and synthetic rub
ber operations.
Evening star., 1948-07-16
N. 7. Curb Market

UNAx OBAk&Vx&U lbs UEU
$50 laoIddeld Cons. y
hIHecla Min Il 1874
sohlHumhle OIL 1he 75A
'0NtImp OIL Ltd ~. 14IA
3hIImp Oil Ltd IT. lAs
"a Int Petrol n 12A
~ Invest Roy .04s. IN
"lKaissr-Frazer-- loab
90 Lit Brothers- >
3ALone Star Gas l 25lh
~ Louis L b Z Ia 22h
oMMcClanahan OIL III
= McWill Drdg 60 1ol1
"a Mead John .6Oa 10
? Menasco Mfg az
> Mesabi Iron - 5lz
"a AidStPB vtc Ae IN
'zhlMid West Crp 6f 10
n1s Mining Cp Can IA
oN MONOGRAM Ptct -
3hMountProd .7Oa 1874
2ANst Bellas .2Og- ~
~ Nat Fuel q so 11h
= Niagara Hud Pr 81
.oA Mag Sh B .15e-. 11M
" No Am 1t d Pwr IN
~ NorthropAir Ag 12lS
IoA Pantepec 1.2S-. 1871
% Pennroad 40R ,
o1tlPa Wat & Pwr 4 A6
oA| |Pepperell 3a 65H
. Pitt Metallu 80. 10
hlProducers Corp AZ
opt war Z
@IRaytheon Mfg eh
.Ml Richmond Rad 33<
.4AIRioGrValG .05e. IA
MlSt Lawrence Cp. 9M
-o9Al AlSaltDomeO iKf 11A
3Nl Select Indus - ia
3hlSolar Airc soc 12h
7AI soCEd cvpf 1.12 2oh
3MIStd Cap b Seal 1o4s
9AIStd Oiiky .40a 2sM
olhlStd Power & 1t zA
- SunRavDru .0bs s
2A| Tri-Contl " w.. 3H
1AI Unit Airc Prod 3
70 United Corp WV y
~ UnitLt&Rys eee Al
.z4tI IUt-IdahoSu.1be. IN
~ Venezuela Petr- "a
7AiWard Bak war 6M
~'Wright Harg .16 ~
Evening star., 1948-07-16
Washington Exchange

SALES
Potomac Electric. Power common 90 at
at 14M, % at 14h. 125 at 14h. 100
at 14h
washington Gas common-12 at 2eA.
National Union Fire Insurance-50 at
Potomac Electric Power common-26 at
14K.
Evening star., 1948-07-16
COULD BE

COULD eE Surveys show ysuns
people Do NOT undesioad finonuoI iosssn Of hons
loan banks when discussing iesn fs ihoi d'ssa
house. Atomic energy hos been sxpluinsd ia ws'ds
Of one syllable Why not mysteries sf anonsinss
Worth odverfisiss
IRWIN SHAPIRO, ADVERTISING
iao4 EYt STREET. NV. Srtkl,ke sste
Evening star., 1948-07-16
Dividends Announced

NEW YORK, July le tP.-Dividends
declared:
Evening star., 1948-07-16
\. Y. Bond Market

0..ssss:s sg & n r. s;sss1ssssu 3: 1sssu ssss'
Evening star., 1948-07-16

TREASURY ESQ
avs 1851 Dse1oo 10
Evening star., 1948-10-10
Chicago Livestock

able Ross 500 oes total $500 's;3im.tsas
Gomp,red week ago: Butchers all yeiEhts
around 80 lower. heavier weights around
so higher; prices recovered after reaching
new seasonal low levels Tuesday: weeks
'Gshs sasDl. Ioe eattl. 300 t..ti.t.; total no,
light steers weighing, /. 100 lbs; down end
steady compared last weeks close, all
other grades and weights slaughter steers
sneeny So 80 to $50 0ws o setr: s
sIauEhter calves s.oo.s 90 lower; tire.
s:eF. 9.es eeSse t. Or prime op saf h 5000 5ed
and choice fed steers 3o,00-3s:50; choice
to prime 1;6s7-lb; weiEhts s70o' moss @
includnT ind Redpm frass
late ate practical top beet COWS 1000; c.nns!.
,op sna s"s5s vsshy eGsta ssS.s. s 6us ssso @
vealers .7.oo.3s 90; to Ss.3o; stoeksrs
sh ovsT steers on @ ehy 80 h.syy
sood sOeie hsshy .ayf heavy feeders rs late late down
" salabie sheep 200 testimated!; total
not given. Compared week ago: Receipts
substantially smaller than previous week,
ern m lambs; trading Slow with prices all
slaughter classes tending weak to lower
forepart Of week: later trade moderately
active with both slaughter ewes and
lambs working slightly higher; slaughter
lambs closed around 50, lower; yesrlingss
and ewes 5O-75 off; weeks top 24;50, paid
lambs % .60-o4 90. two loads sO-lb. wash
ingtons included at latter price: most
medium to good natives 20 .OO-235o; bulk
common 17.OO-1s. 80; straight. culls around
40 lbs. down as low as 1880 load or so
3 90. about three loads medium TO sood
81 -9s lb. averages 2O00-20.25; bulk con-
mon to good slaughter ewes s.50.1o. 90,
few choice under 40 lbs. to 1880; few
good and choice yearlinR breeding ewes
III lbs 100; about load common snd
medium around 50-lb. feeder lambs 1900
Evening star., 1948-10-10
THE SUNDAY STAR, Washington, D. C..
SUNDAY. ocIoRER 10. 1913.

ready for the market by week after
next and the groups are led by
First Boston Corp. and Merrill,
Lynch, Pierce, Fenner and Beane;
Lehman Brothers and Blythe g. Co.;
Smith, Barney & Co. and Hartman,
Ripley & Co., and one by Otis & Co.
Nearer at hand is an Offering OF
rs, 900 shares of Pacific Gas and
Electir Co. common stock. North
American Co. issued invitations for
bids, which are returnable Octo-
ber l3.
Pipe Line Offering Due.
Michigan-Wisconsin Pipe Co., De-
troit subsidiary of American Light
and Traction Co., asked the Securi-
ties and Exchange Commission dur
ing the week to allow sale of $685.
100000 Of 3Ss per cent first mortgage
bonds, due in 1868.
The company said it plans to use
the proceeds to help pay for con-
struction of the initial portion of a
natural gas pipeline from Hugoton
gas neId IN IeXaS ana OklanOma 10
Wisconsin and to the Austin field
in Michigan.
If SEC approves, Metropolitan
Life Insurance Co. would acquire
$50 400 900 of the bonds and Mutual
Life Insurance Co. of New York
would take up $500. 900 of the issue.
The activity in favored railroad
issues at mid-week appeared to be
blighted somewhat after National
Mediation Board attempts failed to
settle the wage and hour dispute of
incorporating railroad workers. The
problem went to President Truman
Whatever the cause, on Friday,
after the mediation board failure,
the favorites turned from their early
strengthening tendencies.
Evening star., 1948-10-10
New Issues Attract
Most Attention in
Dull Bond Tradinq
BY the Associoied Press

NEW YORK, Oct. ga demand
for a handful Of favored railroad
loans breathed a little life into the
bond market this week but other
wise it was a drao affair.
Activity picked up a little after
the volume slumped to s2.302 900, a
new low since September Is. on
Tuesday but there was no rush on
the part of other corporates to fol-
low along with the favorites.
New financing came to the fore
again with s75,000000 of Pacific Gas
and Electric Co. first and refunding
3l,s moving rapidly.
The issue was oversuhscribed and
the books closed within a few hours
of the offering. And the next morn
ing the bonds were at premium
1o1 bid and 1914 asked, up from
the underwriters initial offering
price of loo.517.
There were two lesser offerings of
equipment trust certificates-s9,-
$4,000 by the Pennsylvania Rail-
road and $5,325 600 by the Chicago
and North Western Railway.
Several fair-sized issues were be-
ing planned during the week. but
definite action on them was still
couple of weeks away.
Bay Bridge Issue Planned.
A Nationwide syndicate headed
by Alex Brown and Sons. Baltimore
was formed to bid on proposed
s37,5o0,000 of Chesapeake Bay
Bridge revenue bonds.
The offering-made up of s18.500.-
600 of serial bonds maturing l952-67
and s19,00O.000 term bonds due in
1972-was expected to reach the
market within the next three weeks.
Four investments banking groups
planned to enter competition for a
proposed offering by Standard Gas
& Electric Co. of 25o000 shares of
Oklahoma Gas e. Electric Co. COM
mon stock.
The offering is expected to be
Evening star., 1948-10-10
Tobacco Markets

RICHMOND. Va. Oct. q OP,.-Tobacee
yesterday brought good prices on the old
belt. hue-cured markets.
The North Carolina. Virginia, and
United States Departments Of Agricul-
ture reported that gains ranged from 90
to 700 above Thursdays AVERAGES as the
fourth week of this seasons sales ended.
Although prices for lower quality Of
ferinss have been unsteady since Monday,
losses experienced were mostly wiped out
o", Marketinss lar were mad. up chiehy Of
common to good leaf, low to good smoking
leaf, good lugs and fair cutters as the
slightly Sales yesterday were fairly
heavy. Most floors, however, were cleared
for the week end.
Virginia Thursday sold 3,71O,74 pounds
for an average of S4917.
usDA figures for Thursday markets
vere az follows.
Evening star., 1948-10-10
John L. Hickey to Speak

John L. Hickey of the Civil Serv-
ice Commission will address a meet
ing of the Government Purchasing
Agents Association at pm. Tues
day in Room 43 of the National Mu-
scum, Tenth street and Constitu-
ton avenue NV.
Evening star., 1948-10-10
Commodity Prices

NEW YORK, Oct .9.-The Associated
Press weighted wholesale price index of
IS commodities today advanced to ISL. ~.
Previous day 1912. week ago 1s1 .73,
month ago 1886, year ago 1890. based
on 1895 as 100
Evening star., 1948-10-10

tUnit of trading. 10 shares. sIn bankruptcy DR.
ceivershp being reorganized under the Bankrnptcy
Of dividends in the foregoing table annual disburse
ments based the last quarterly dec
dividend. .r. not ,nciudea cid Called xM dividend
dividend Cash or stock. Declared or paid so far
this year Payable in stock estimated cash value on
psd .f.er stock dividend spllt:ap pssI.Tsd
IN arrears Paid this year dividend omitted deferred
no action taken last dividend meeting rDeclsred
sbe In stock. exact cash value undetermined o. dec
lRrAtion data.