davidaulloa/AmericanStories huggingface dataset:
Evening star., 1948-12-20
Business Briefs
Railroad Operating Revenues

Railroad Operating Revenues for
November were estimated at $40
above a year ago. Reports indicated
freight revenues were up 9.2%o from
a year ago-Association Of Ameri-
can Railroads.
Production continues on the up
grade in the durable goods indus
tries, but there has been a falling
CT and some easing of the inf1a-
tionary pressures in certain non-
durable lines-Commerce Depart
ment.
Iron Age, the steel trade publica-
ton, predicts that lower-priced
automobiles may not be far off
The widely reported two-year back
log OF orders is considered highly
overestimated. One observer thinks
there will be an adequate supply to
meet the demand within a year.
Daily newspaper advertising will
total 434000,Q00 in 1948, s77000,-
600 or 21.3Ts above 1947, based on
figures for the first 10 MONTHS
American Newspaper Publishers
Association.
Lincoln Electric Co. during 1948
distributed S3,821,973 in incentive
payments to 1907 workers. These
payments, as an average, doubled
the incomes of every member of the
organization.
Hudson Motor Car Co. announced
special dividend of one share for
each 20 shares, payable March /.
Regular quarterly dividend of 10
cents a share and an extra of 10
cents also was announced.
Swift e. Co. for year ended Octo-
Der 80 earned $27 1892 or SAT- VS.
$34, 4,334,977 or. $3.50 in 1947.
Brown Shoe Co. for year ended
October 81 earned $2,555,097 or
$4.S7 share VS.. $2,607 ,068 or $497
in 1947.
Automatic Canteen Co. for So
weeks ended October 2 earned
s6s7,817 or s1.53 share VS.. s748, 1868
or S1.66 for 50 weeks ended Sep
tember 27. 1947.
Press Wireless Manufacturing Co.
which makes radio equipment ano
electronic devices for the armed
services, announced the appoint
ment of Earl E. Eldridge AS CHIEF
engineer.
American Radiator d Standard
Sanitary Corp. announced appoint.
ment of Andrew & Foulds as patent
counsel for the corporation.
Evening star., 1948-12-20
Odd-Lot Dealings

The Securities and Exchange commis.
sion reported today these transactions By
customers with odd-lot dealers or spe-
cialists on the New York Stock Exchange
for December II: $3.50 purchases in.
volvins 1lS.S34 shares, 4,075 sales in
volving 116,394 shares including 1s short
sales involving 6s5 shares.
The same report for December Is:
l: 1927 sales involving 45,116 shares, in.
Guiding nve short sales involving 1855
shares.
Evening star., 1948-12-20
Du Pont Split Proposed

WILMINGTON, Del, Dec. 20 (P).
Directors of the Du Pont Co.
voted today to recommend to stock
holders q four-for -one stock split
for the firms $40 par common. The
proposal, to, be presented to the
stockholders at the annual meeting
next April II, would split each share
OF $40 per common into four shares
of new IS par common.
Evening star., 1948-12-20
New York Cotton

NEW YORK. Dec. 30 lP,.-Cotton futures
were quiet today in forenoon trading, with
ise F.dens m.Ife Re nensd IN TeT abs in
over consumption prospects and export sit
uation. Light liquidation was absorbed
through trade buying.
lower than the previous close March,
~ II: May, 81 81. and July, 81 o1.
Evening star., 1948-12-20
Cotton Ginninas

The Census Bureau reported today that
the 194s crop were Rinned prior to De
cember 13. This compares with 1928 II
ginned to the same date last year and
The ginnings this year included 3.O32
bales Of America n Egyptian cotton COM
pared with $50 last year. and hve bales
last year.
Evening star., 1948-12-20
Dividends Announced
FOREIGN EXCHANGE

SALES.

NEW YORK. Dec. 90 GF.-Foreign ex-
lars. others in esnts) ''' " wv
canadiap dollar in New York open
market, ~ per cent discount or e2.37h
Europe-Great Britain (pound). .4.03A,
UNCHANGED; Great Britain. 30-dey futures,
4.02n. unchanged: Great Britain, 60-ds,
9O-day futures, 401s q. unchanged; France
(franc) .31i:: Of a cent. up .ooh: italy
Gir: Desembs5 Ssa sssara rate ooi7so; ~
unchansed; Switzerland (franc) free).
25 .03, on .o2 Of cent.
uncssnxed: ' Brszil ffr..1 30, o nnehansss v;sS'
Mexico, 1884, UNCHANGED.
Evening star., 1948-12-20

"oSOSheNC 1Gst
7 SELECIED ISSUES
IntGtNor 6s 81 23h
Int @ N lst6s52 6lss
IntHydroEl5s44 66t4
|Lehv4 las2003st ~
LehVal4s2OO3st 37iA
Mead Cp IS So 1o2iA
M K T S. SO A s2,h
mo Pac IS so Il 7oA
Mo Pac Rn 4s rs 42k
Nat Dairy 2A70 sSiA
NYc RI Is 20I3 7lih
NYc 4lss2O13A 653a
| N 2 c con Is 90 6oh
NYCLS 3hs es eoiA
NYNHinShs'22 4m
NYNHH 4s2007 NiA
NYOW RI q o. 81
NYOW 9 4s S. ~
Nor Pac Is 81 1904
Ohio Ed 2As Is Slt
|orWsRRN IS 90 lo4Ss
eac GEE IS 10 1ooih
PennRR sn6s6s lo6
PennRRE4las 1oziA
PennRRxAse4E Se,A
PennRR 3A4s52 100
PeopGLAC 3s631o
peo&E inc xs90 13M
PitB&W4hs77C1os
Phil Eec 2Ass1 eoM
StLsF 4hs2022 -
|StLsanFrn4s97 e2A
Seab in4lzs2016 67lh
Shell On 2As71 e5Ls
SolndRy 2As94 -
Sou Pac 2As96 TN
SO Ry IN As Sc STA
Third Ave IS 90 A4A
Third Ave As 80 6oX
lUn Pac 2Has 81 81
Ut BisAm2As s66 lcoih
West Mo Is 81 100
| West On xlEas 501olM
WstEl cv2. 2.65s73 1904
Wise Cent ~ 60 -
Wis Cn As 36SD A3
Evening star., 1948-12-20

"\Sxs4S6 Dana
IntBR&O 3s72 - a
NEW YORK. CIT
3s so lcAN
FOREIGN 1:IS
Australia3Ks57 oo,1
Chile 6sJan61 . 2eZ
Copenhagn $3.50 70
Oenmk 4ias SO s.
0rk 7s 81 pt pd s
ltalCCns l.3s77 15%
Norway 3as 81 90
Panam aizsa4st eoil
Sac P st 7s40st ~
SerbsctsSl - 81 ~
DOMESTIC ISIS
Am&F p 6s203o eSA
Am T&T 2s4s6l 1oyN
Am T&T 2Ns rs .
Am T&T 2sass6 oeN
AmTobaeeo3s6e lo1N
A T 8 r Is e5 l2oN
Balt&Oh 6s76D slh
Balr&oh Esy5G 62h
5&o ev 4Aa201O SOY
Balt&Oh 4s75A o5
B&OSouDiv6sSo 75h
srk o @ 2hs 70 %
Can Pac - perp s3N
c Ga 4hs2020B SOY
Cn RI NJ IS 81 1914
Gao 3ias SO e s4H
CMStP41as2Ol9 64M
CMStP4 las2O44 54iA
c N st p IS "a /. 1ooN
Chl&NW 4 Lasp9 50
CR1pin4 l2s2019 81
CCCSL 4has ~ 67N
Col q So 4las80 44lI
Com wi Ed IS II 1o2N
DIR IN 41a20lS GAY
Det Ed CIV 3s So los
ElgnJ&E 3H4s70 1o3k
GtNor 2sss201O 73L
Hud&M RI IS 81 6ok
ICC StL IS 63 A %
Evening star., 1948-12-20

Hourly Sales on the Exchange Teaays
1900 Am $50 900 1900 noon $50 900
100 pm $40 600 200 pm. 600 oo3
ruptcg g' or pi receivership $ or $beins re reopsan. %
ICED under the Bankruptcy Act, or secur-
tiles assumed BY such companies. Rates
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 Ix rights. q Also extra
or extras. b Plus stock dividend. Cash
or stock. Declared or paid 80 far thM
value on sx-diSidend date. 6. Paid last
year b Declared or psid after stock
1tyidend or split-up. Z Declared or paid
dividends in arrears. . Paid this year,
Evening star., 1948-12-20

taken et last dividend meeting. SPsys6is
N stock. exact cash value undetermined
on declsration data
Evening star., 1948-12-20
N. Y. Bond Market

sT 4 sf1 ssf As;Ss;a sskafkp sfss fssr.
Montana labor news., 1948-12-16
Silver Bow Trades
And Labor
Council Notes

The regular meeting OF the Silver
Bow Trades & Lab Us veil, one OF
the shortest held &. o<ic7,.' bad
weather and the holiday ~"bfa,.
called to order at s p. III. BY Pres.
Crawford.
Roll call OF officers and absentees
noted.
Minutes OF the previous meeting were
read and approved as read.
Communications: None.
Reports of Delegates:
1t was moved and seconded that on
account of the holiday season we do
not hold a meeting Tuesday, Dec. q.
Motion carried.
Delegate Ripper OF the Clerks Union,
and a delegate of the Silver Bow
Trades & Labor Council for D years
announced last evening that after Jan.
| he would no longer be a delegate to
the Council as he declined all offices
i'll the Clerks Union including the
presidency which he has held for a
number of years.
The delegates expressed their regrets
at losing this friendly delegate and a
motion was made that we give Mr..
Ripper a standing vote Of thanks for
the good and energetic work he has
done during the years he represented
his union in the Council
There being no further business the
meeting adjourned.
Montana labor news., 1948-12-16
High Court Sustains
Law on Portal Pay

WASiiINGTON.-Thc supreme
Court in effect sustained the l947 law
passed by Congress repudiating claims
for retroactive 'portal-to-portal' pay
reaching perhaps 81 billion. The high
court acted by writing the word de
med against an appeal BY Is EN-
ploye> Of b. II. liubbert < Son at
Baltimore.
Two years ago the Supreme Court
held that under the Wage-Hour law
workers could collect pay for time
spent in preparing Tor work after re-
porting ior their jobs. Subsequently,
there was a torrent Of lawsuits, claim
ing back pay, founded on time used
IN changing clothes at factories, time
consumed in walking from the plant
gate to job. etc. Finally, Congress
enacted a measure knocking out por-
tal-to portal pay claims unless covered
by contracts or recognized by practice
and tradition.
Montana labor news., 1948-12-16
GREEN PROTESTS
NLRB DECISION
ON RADIO UNION

NEW YOKk.-AFl. President VIII
liam Green lodged a protest with the
National Labor Relations Board over
the handling Of a jurisdictional dis
pute between West Coast seagoing
radio unions.
Announcement Of Mr.. Green's action
was made here h. Fred Howe, secrc-
tary-treasurer Of the AFL's Radio
Officers Union.
On Nov. p the NLRB, in an I'M
p%recedented decision, permitted the
Pacific American Shipowners Asso-
citation to withdraw its earlier petition
for a representative election covering
radio men on West Coast ships. 1t was
the first time, Mr.. Howe said, that
such a petition was allowed to be with
drawn after formal hearings and after
briefs had been filed.
He said the union had been the loser
i'll the jurisdictional dispute, as a re-
suit, and he pointed out that, in the
absence Of an election Of any kind,
the AFL organization had been unable
to take advantage of the known de-
sire" Of several hundred West Coast
radio operators to affiliate with his
group.
The union previously had filed a
brief with the NLRB asking the board
to reconsider its decision. Since the
board action the Pacific ship operators
have come to an agreement with the
American Radio Association, CLIO, also
a West Coast union. Mr.. Howe said
the AFL union could prove, and will
furnish" evidence showing that a ma
jority OF the West Coast radio mer
would 0 for it in an election.
Mr.. Green's protest was in the form
Of a telegram to Paul NJ. Herzog
chairman Of the NLRB. 1t said, in
part:
This decision allows the American
Radio Association, CLIO, the privilege
to negotiate and sign an agreement
covering marine radio officers in the
Alaska Steamship company and North.
land Transportation company, which
men are members Of the Radio Off
GERS Union, AFL. 1t also makes i
necessary for the Radio Officer.
Union to obtain authorization from
men who have for many months beer
scattered all over the United States il
order to file a petition for an election
to replace the petition previously file'
by PASA."
Mr.. Green said the American Fed
Grafton of Labor considered the actio'
OF the board rank injustice" to radi
officers who ARE endeavoring to fire
themselves from a long Communist
dominated union, the ARA"
Montana labor news., 1948-12-16
TIL LAW HELD CAUSE
OF 'BOOTLEGAL' PACTS

SEATTLE. - Prohibition brought
b%ootlcgging.
But the Taft Hartley law is bring
ing "bootlcgal' declares Rev. James
Toner Of St. Martins College. The
Rev. Toner is author OF the comprc-
hensivc study "The Closed Shop" de-
clared by West Coast labor econo-
mists to be one OF the better volumes
on the subject.
In a more recent article Rev. Toner
says that the 'bootlegal' potential
ties Of the TIL Act :. may not, and
probably cannot destroy, outlaw or
abolish the closed shop.
1t is entirely legal. says the author
ity, for union men. individually, to re-
| fuse to work with no%n-union men. This
method has been used in Great Brit
ain, where the closed shop is a com
mon practice although not included il
union agreements.
Informal understandings, sometime:
called 'cuii agreements" or gentle.
mems agreements can be establishe,
between employers and employees VIII,
have been having mutually satisiactor,
relationships. he said.
Montana labor news., 1948-12-16
George L. Berry Dies at
66; Headed the
Pressmen's Union

~PRESSMEN'S HOME, Tenn
George L. Berry, president of the
AFL's International Printing
Pressmen's Union. died here. He
was Sc years old.
The AFL leader, who served
briefly as U. S. Senator and held
administrative posts in the
.overnment, died after a
A. ness. His death was re-
ported caused by a digestive dis
order.
Mr.. Berry had been the active
head of his union most of the time
since he was first elected president
in 1907.
But his activities outside the
union were as impressive IS those
within. He built a stable personal
fortune and a assistant admins
traitor of the National Recovery
Administration in the early days
of the New Deal.
Orphaned at 6 when his father,
a deputy United States marshal,
was killed from ambush, MI. Berry
started his career in the printing
trades at 9 with the Jackson, Miss,
Daily News. At is he started out
to practice the trade elsewhere.
His journeys took him to St.
Louis, Nebraska City, Denver and
San Francisco and finally to the
gold fields of Nevada.
Following his election as union
president, Mr.. Berry established
this community, only a few miles
from where he was born, as union
headquarters.
He built a home for incapacitated
or INDECENT pressmen here and q
trade school. Later he established
an enterprise of his own-the In
ternational Playing Card and
Label company.
Mr.. Berry served as senator in
1887 and 1888 by appointment to fill
a vacancy, but vas defeated when
he sought to retain the office.
Montana labor news., 1948-12-16
RFC BUYS 2 ,4oo,ooo
IN CT HOME MORTGAGES

WASHINGTON. - The Reconstruc-
ton Finance Corporation reported it
bought during October $26.400,M in
home loan mortgages guaranteed by
the Veterans Administration or insured
by the Federal Housing Administra-
ton.
This compared with S20,0O0,W0 in
September. The RFC purchases are
intended to provide the former hold
ers Of the mortgages with funds which
can be used for new mortgage loans.
RFC Chairman Harley Hise said the
October purchases raised the total of
such mortgages held by RIGS sub
sidiary, the National Mortgage Asso-
citation, to $4,000 900.
In addition, the association has con-
tracted to buy S2l6, 100000 more in
mortgages. Hisc said that after cover
ing these contracts S5l8,0O0,00O will be
available for further mortgage pur-
chases
Montana labor news., 1948-12-16
BUSINESS LEADERS
ASKED TO BACK
SOCIAL LEGISLATION

NEW YORK.-Eric Johnston. for
mer u. S. Chamber of Commerce pres
ident. and head of the Motion Pictur'
Association OF America. urged Ameri
can business leaders to cooperate il
the passage OF social legislation.
Addressing members of the N. Y
State Chamber OF Commerce, he tolc
his audience that such action woult
help remove the threat of socialism il
the United States.
He told his audience the nation.
business interests had opposed work
mems compensation. federal deposit in
suranee. and social security.
"Now." Mr.. Johnston declared, "wt
are face to face with a new Congress.
in which social legislation will occup,
the predominant place.
81 urge American businessmen t.
recognize the economic facts OF life
They no longer have the power. 1t i.
in the hands Of the worker, the far.
mcr ana the housewife.
Mr.. Johnston said socialism cam,
to England because the choice in 1914:
was between monopoly or cartel anc
socialism. and the voters, faced wit!
"Hobson's choice" chose socialism.
Il ask American businessmen" ht
continued. ito cooperate in social leg.
~islation to see that it is soundly con.
ceived and administered, and in The
process. to secure a top advisory posi-.
ton in the financial and fiscal affair.
OF our government which. in the fina'
analysis. will be tremendously impor.
tant in the year 10 come"
Mr.. Johnston urged the nation:
business leaders to turn their produc.
tive abilities into means and method.
OF diffusing ownership and the benefit.
Of capitalism among all OF our pco
pie"
in this he continued, 81 am no
talking about sharing the wealth.
am talking of the creation of NOR,
wealth TO share.
Il like our system. 1t is the bes
system i'll the world today, but ther,
is constant room for improvement. I
is a continuing never-cnding job, ant
businessmen must find some means o
spreading ownership, diffusing tn
benefits Of democratic capitalism, anc
| when we do so, the threat Of socialism
in America will be further and furthc
removed"
Specifically, Mr.. Johnston recon
mended more widespread ownership 0
homes and other tangible utility good
to give the worker a greater sense 0
participation and belingong in his in
dustry and the American system.
Montana labor news., 1948-12-16
HOUSING PROJECTS
VITAL TO PUBLIC

CINCINNATI-A declaration adopt
ed unanimously by the 9th AFL con-
vention called for the early enactment
OF a long-range housing measure to
meet the needs Of the American people.
The highlight Of the declaration was
the recommendation for the construc-
ton Of 100000 publicly financed
housing units for low-incomc families.
The convention called for the construc-
ton of these dwellings over a Swear
period.
In addition to the public housing
feature, the convention declaration
said:
"The housing legislation which is
introduced in the next Congress must
include the objective long sought by
labor. It must include an adequate
program Of farm and rural housing,
Stun clearance and urban rcdevclop-
mcnt, aids for financing Of largc-scale
cooperative and non-proiit housing
developments for middlc-income fam
lies"
The convention declared that the con
struction Of public housing projects
is the only possible way Of securing
decent homes for low-incomc families
now living under crowded. unhealth-
full slum conditions.
The declaration charged that the
real estate lobby and a small but pow
erful group OF re%actionaries succeeded
in killing the Taft-E llendcr- Wagner
bill, the long-range measure which had
the backing Of organized labor. In
its place, the convention declared, Con
| gress passed the so-called Housing Act
Of 1913 which contains all the meas
ures requested by the private builders
but none OF the provisions requested
by organized labor to solve the housing
| crisis"
Looking to the future, the declara,
ton asserted:
with a majority OF the members o
the 8lst Congress committed to th'
enactment of a comprehensive long
range housing program, organized
labor at last has the opportunity t.
secure early enactment Of labor's hous
ing program. The American Fedora
ton of Labor must take the initiativ
so that the goal of a decent home 10
every American family can be achieved
We urge hat every possible measure Q
support be given by every AFL affil
late so that the fight for labor's hous
ing program in the next Congress ca
be successful"
Montana labor news., 1948-12-16

9rt home for the holiday.
The victory mood Of the conven-
ton itself was succeeded by the holi-
DAY mood as representatives IRON all
part, ii the nation said farewell to
their associates and started h%omeward
ID report on one oil the mos, successful.
profitable conventions in the AFL's
history.
AIL President William Green told
newsmcn at a press conference which
followed the council meeting that one
Of the tasks on which he will act i'm
mcdiatcly is to carry out the wish of
the convention and seek to bring about
the reatiiliation OF the International
As,ocia,ion IT Machinists with the
lAFI..
Mr.. Green expressed hope tina, a
settlement Of the 2-ycar dispute over
iurisdic,ional problems could be ar
ranged il order that the 10000 ma
chinists could rcturn. to the AFL fold.
Negotiations will be started. MI.
,rccn said. between committees rep
rcsenting the MEL and the LAM. Serv-
ing on the MEL committee for this pur-
pose are the members OF the Executive
Council whose offices and residences
are IN Washington. The LAM com
mit,cc is expected to be headed by Eric
Peterson, general secretary OF the
union.
In response to questions from re-
lpor,ers. Mr.. Green reiterated the AFL's
lpo,iiiou, as adopted at the convention
on repeal OF the Tait-fIartley law. Ht
said the federation would work vigor-
ously through is newly organized ma
%tional legislative council for the com
pleie repeal Of the law and the re-en-
actment Of the Wagner Act.
Following this action, Mr.. Green de
CLEARED. the Al'L. would be willing to
discus, possible amendments to the old
Wagner Act which would guarantee a
national policy on labor which would
be il the interests Of the public.
Mr.. Green said the council post
poned action IN a request from a dele
cation representing the Canadi a Il
Trades and Labor Congress for AFL
assistance ID Kidding Communists from
the Canadian labor movement. He said
TIE matter would be discussed at the
regular mldwintcr meeting OF the coun
Montana labor news., 1948-12-16
LABOR URGED TO TRAIN
MEN FOR FOREIGN SERVICE

MILWAUKEE,. = Clinton Golden,
labor adviser to Paul Hoffman in the
Economic Cooperation Administration,
has urged the major labor declarations
to take the responsibility for training
a number OF their ~well-qualified lead
ers for international service. Speaking
before the Midwest Education Confer
ence at Milwaukee, Mr.. Golden pro-
posed that a Labor Service Reserve be
established, composed OF union mem
bers who would receive training in the
fields OF international economics, for
eign labor movements, international or
CARNATIONS. and foreign languages.
Montana labor news., 1948-12-16

Minutes OF regular meeting dee. ..
1913.
Meeting called to order al : 30 =. m.
by Vice President Ed Anderson With
Brother Walter Davidson acting as
Vice President pro tenn.
At this time Mr.. Pat Gilicatbcr was
granted the floor and spoke in regard
to the work the Cascade County Citi-
zcns'' Committee is doing and Of the
work still to be done if we expect any
help from the state toward finances for
our schools. He asked that we ask
all members OF Organized Labor &c
pay a per capita tax OF Sc Tor eacl
| member Of their individual family
After a healthy discussion III the mat.
ter Mr.. Gilfeather was excused ano
the matter referred to unfinished bust
ness.
Mr.. u. lontana was then granted The
floor. He asked the Council to spon-
sor a basketball team. the suits ior
which would cost Sis and the entrance
| Zee. $40. He was told that the Counci'
would take the matter up and give hin
an answer Friday.
Brother George YcSgcr and Mr.. Me
Cormick who had been asked to at
tend this meeting were granted tho
floor to give the Council the facts re-
garding building permits After al
hour or 50 Of discussion the gentle
men were thanked Tor appearing before
us and told that VIC would try and
give them some help.
Mr.. Collcy was then granted tho
floor and enlightened the Council as tC
just which men were pulling for the
job as superintendent oi the Fish anC
Game Commission. The name O
George Miller was mentioned as being
the best qualified man Brother En-
quist made a motion that a letter b.
written to Goycrnor-clce Ronncr ask
ing for the removal di superintendent
Stubblciield and tlal The names 0
some men be submitted ior a place OF
the commission. Motion carried. TIL.
names OF Don Drissen, 81 Castle am
". p. Dufiicld were admitted.
Minutes OF the previous meeting wcr
read and approved a- read.
Communications:
Minutes OF the Cascade Count
Trades & Labor assembly read an
filed.
From the Montana State Fcdcratio
of Labor relative to Resolution No.
relating to a provision ior a 500
Fellowship Fund in support Of a grad
tate student in the field Of labor ecc
Monies and labor problems. Motto
made and carried that We pledge 81
toward this fund and advise the stat
federation OF our action. From II
J. State Legislative Co-ordinating Cor
ference advising that a meeting wi
: be held in Helena on Sunday, Dec.
1913, at 0:30 a. n. in the House
3 Representatives Chambers. State Cap
toll Building. Motion made and ca
8 ricd that this notice be carried in Il
minutes.
From the Building & Constructic
Trades Department relative to II
: Taft Hartley Act read and filed. Del
gates asked to take note.
Roll Call: