davidaulloa/AmericanStories huggingface dataset:
Evening star., 1948-06-16
N. Y. Bond Market
Furnished b the Associated Prsss.I
sELECTED LIST OF lsSUEa.

u
WORLD BANK .f,
IntBR&D 3s72 - ,
IntBR&D2N67 % 8
NEW YORK CITY
70 so los
| FOREIGN $50
Australia 3As56 9o3<
Braz ga 10 ser s.
Colombia IS 10 @oA
Denmk AS g. 69iz
| Norway 3hs 81 7lB
Peru 1st IS 90 16iA
Urag al 41ss 70 75h
| DOMESTIC $50
Am T&T 2hsS7 80
Am T&T 2As57 115h
Am T&T 2As6I lo05s
Am T&T 2As75 97A
Am T&T 2sssS6 81 :
AmTobacco3s62 1o2
AmTobacco3s69 1o2A
Att CT lsr IS 50 1904
| AtlRetin 2sss66. 1914
B g. o 6s 95 J 76l4
Balt&Oh 5s75B ..96zs
Balt&Oh 5sM96 STA
Bro cv 4h20lO 52iS
BeneIndL21a61 96Is
Beth Stl gas 10 99A
Bost Me 4las 70 SOFA
Bost Me As so 64A
Can Nor 4Has Sc 112h
Can Nat 4Has57 11Ais
Can Pac As perp 0Aiz
Cent Ga cn5s45 7oA
Cent Ga1st5s45 63h
Cn RR NJ 5s 81 7liA
Cn RR NJ As 81 6oi1
C&O 31as 90 d 1o2h
CMStP41as2O44 SIN
Chi&NW 4Kas99 81
iC r / & P IS "a 1o6
Clev On TT 5s73 1oSiA
CleyeUT4 ias77- loAA
Col & So 41asS0 s.
Col G&E 3l4s73 1o2lA
Cons Ed CIV 1868 1o7N
Cons P gas 75 1o1
lD&RGW 3-4s93 9lM
lD&R in 4 4Ka2O1S 65M
Det Ed 31as So 1854
DwChem2. oelA
Erie 4l7s 2015-. 71A
Erie 3l4s "a -
GenRe&Ut4s69 IS
CT Nora 17s76 D 117iz
IG MO 2044 B. IS
Houshld 2s4s70. ~
Evening star., 1948-06-16
Stocks Dip Fractions
Ito Around Two Point.
lin Moderate Selling
By the Asseeioted Press

NEW YORK, June 16.-Stock
prices were marked down fractions
to around 2 points in a broad-scale
decline in todays market. Activity
tended to increase as quotations
moved into lower territory.
The setback was one of the most
decisive in days, although selling
never reached aggressive proper
tions. Profit taking was responsible
in part, along with sales by security
traders who we're worried over the
turn taken in the soft coal wage
talks.
The wage talks broke off abruptly
late yesterday, and steel and auto
issues promptly declined.
Among the losers were Standard
Oil (New Jersey, longtime favor
ite; Mission Corp, Sinclair Oil,
United States Steel, Bethlehem
Steel, General Motors, Montgomery
Ward, Caterpillar Tractor, Ameri-
can Telephone, Anaconda, American
Woolen, Santa Fe, Northern Pacific
and Paramount Pictures.
Central of New Jersey cut against
the trend for a rise of point or
so at one time
Evening star., 1948-06-16
Foreign Exchange

NEW YORK, June is tP.-Foreign ex-
change rates follow (Great Britain in
dollars. others in cents):
Canadian dollar in New York open
market 6a4 per cent discount or 1926
United States cents. unchanged.
changed; France franc), .3ols of a cent,
unchanged; Italy Qira), June fixed rate,
OO1 139; May, .00l739; Sweden krona).
27.S5. unchanged; Switzerland franc)
(conmerciaD. 23.4O. unchanged.
Latin America-Argentin free, % 90,
up 10 of a cent: Brazil free, $50, un-
changed Mexico. 20.61. off .O1 of a
cent
Evening star., 1948-06-16
Business Briefs

Electric Power Consumption rose
to 5,131,8ll 900 kilowatt hours in the
week ended June II, from 4,845 ,458,-
600 the week before. The latest fig
IRE represents an increase OF 9.loe
over the same week last year-Edl-
son Electric Institute.
Money in Circulation rose to S27,-
BOT 7.389,755 as of May 81, from ST.
7l6.475,023 on April 80 Per capita
figures we're sl90,l8 in May VS.
S15980 in April.
Moran Towing and Transporta-
tion Co. today began using the first
eight-inch nylon hawser ever en-
ployed commercially. The line. a
quarter of a mile long, was manu-
featured by the Plymouth Cordage
Co, Plymouth. Mass, and experts
compare it favorably in strength
with an IL or 12-inch manila rope
Diesel Oil Burner Corp. has per-
fected a heating unit that uses
either coal or oil, with two separate
combustion chambers and an elec-
trio control damper which cuts off
one fuel automatically when con-
verting TO the other,
International Harvester Co. an
nounced price increases on indus
trial power machines. ranging from
Az to lOC,.
Penn-Ohio Steel Corp has been
formed by a group of former officers
Of Empire Steel Corp. who are leas-
' ing the Navy industrial reserve plant
at Birdsboro. Pa. Joseph B. Mont
gomery. former president ard board
chairman of Empire, is president of
the new company.
Detroit Edison Co. announced the
resignation of Frank l.. Conrad as
a director
Eagle-Lion Films appointed Will
liam C. MacMillen, jr, as vice presi-
dent in charge of operations.
United Public Utilities Corp. filed
an amendment to its liquidation
plan providing a S4-a-Share cash
distribution to common stockholders
and for the sale of the company's S
interest in Citizens Heat, Light g.
Power Co. Greenville, Ohio, to
Montana Dakota Utilities Co.
Minneapolis. received Federal Power
Commission authority to issue l50,-
600 shares of common stock at S5
par.
CoUolidated-Vultee Aircraft Corp
closed the books on an offering to
its stockholders of 1859, $40 common
shares at SO a share. Floyd B. Od-
lum, chairman. said the offering was
heavily oversubscribed.
Northrop Aircraft, Inc, earned
s304,050 or 81 cents share in tht
nine months ended with April. Fig.
ures for l947 are not available,
F. c. Russell Co., manufacturer
Of windows and insulation. today
reported record net profit of s2,028,'
1874 for the fiscal year ended Apri
30, or s429 a share. VS.. Sl,2l3,52
o. $3.50 the year before
Dayton Rubber Co. earned S249,
1913. or As cents. in the six months
ended April 30, VS.. ST 094 ,s06 o.
s2.3l for the l947 period.
Canadian Cottons, Ltd, earnet
saS6,479 or s497 share in tn
year ended March 81, VS.. s790,41
or S427 the year before.
American Type Founders, Inc, re
ported net profit for fiscal ls4s wa
S2.6l4,697 or $3.50 a share. VS.. 1913,
CTS or Sl.61 the year before.
United States Smelling, Refining
l. Mining Co. earned s1,416380 il
the FIRST FIVE months of 194S, or 81 81
a share, VS.. sl,850,l45 or $2.2l in tn
l947 period.
Evening star., 1948-06-16
Market Averages
New York Cotton

NEW YORK. June 16 Hr.-Cotton fu.
lures moved irregularlv today on repeated
furries OF liauidation. In nearby July.
nearby July to later tmonths. .snticipat-
ing hrst notice Gay on June a: Some
traders continued to expect heavy DE-
with question as TO whether leading
spot firms would readily tske az up up al, 1.-the t1e
situation Mil buying developed mostly
on the scale down:
Spot cotton markets were quiet.
bale lower to To- cents higher than
the previous close. July. 30 35; octo-
Der, So .O3, and December. 32.40.
Evening star., 1948-06-16
Chicago Grain
SALES.

CHICAGO. June 16 R.-Wheat led the
grain market higher in fairly active deal
ings on the Board of Trade today. The
market opened on fractional gains and
extended them to around cents in wheat
at times.
domestic -four business, reports that pro-
ducers were putting most of the new crop
into storage. an increase in the Govern
toretion by the Senate of cuts in the for
eign aid bill.
Corn and oats followed wheat upward
Cash markets were firm Dealers said
there was a good demand for cash oats
from feeders and shipping interests.
July, o30hs; corn was sa to IA higher
July, 2.1s7s; oats were 4ss higher: July
937s; and July soybeans were 6 cents
higher at II
Evening star., 1948-06-16

, Hud Coal IS 62a oAlA
IHud&M RI IS 81 6Ah
I c As SO 1890 1o2h
| I c ri As So 1o4ih
IICC StL 5s 63 A 80
IntGtNor 6s 50 AlN
Int G N 1st6s52. 64i4
Int ct No6s66C 81
IntHydroEi6s44 62A
Kan c Sou 4s75 1o53A
lKoppers IS "a 1o2ih
Itch C&N 3las70 -
LehVl NY41as5O 73h
]Leh Val Is 2O03 35,h
lMSPESM IS 91- 52A
MKT IS 90 A e2H
MKT 4las 7S- ~
ND Pac 5las 40 asa
mo Pac IS 77F- e7N
mo Pac gn Is rs A7A
lMor&E3 1as2000 so
Nat Dairy 2A70 -
Nat Steel IS 65 1o4ih
N o T NJ 51as54 9e
lNYC 4las2013A 4 -
lNYNHinc4las'22 A4A
lNYNHH 4s20O7 ~
NYOW RI As % IL
In Y Tel 2As SO %
lNorflkSo 5s2015 -
Nor Pac As 81 1o6M
Nor Pac IS 2047 66ss
IOrWsRRN IS 60 1904
Pac G&E rs II 1oAie
Pac G&E IS 70 1o2
PennRRg4AsS1 lo2iz
lPennRR 3As52 S0B
Phil Ell 27ss 7S 1ol
Phila El gas 81 lol
lStLSF 4Has2022 5eH
lStL SW RI 5s 80 1o2iz
ISeab in4Kas2016 7ozs
|Sou Pac 4Has 90 95N
lSoPac4hsOr77 lo3ih
lSoPac s gas 81 o3A
So Ry sn As Sc %
Texas Corp 3s651oAA
lTex&Pac 3hs85 1914
Third Ave Is so GA
Third Ave As so 81
!lVa&SW en- 5s5S 1o1
Wash Ter 2as70 99iA
/ West Nd As 81 1o1A
lWest Un IS 81 1924
lWest On 4iYas 50looiAs
Wshse El 2Kss51 lo1h
Wilson Co 3s 81 1914
IWis Cn As 36SD 1914
Evening star., 1948-06-16
|Groin Margins Reduced
By Chicago Trade Boord
BY the Assoeioted Press

CHICAGO, June 16.-The Chi
cago Board of Trade has voted to re-
duce margin requirements on grain
futures transactions.
Margin requirements are, in ef-
feet, the same as down payment re-
quirements.
The new margins follow, with the
old ones in parentheses:
Wheat. 40 cents per bushel (55) /;
corn. 40 cents per bushel (50); oats,
IA cents Q8);; barley. 80 cents 500
and soybeans, go cents 900.
The reductions are effective at
opening of trade tomorrow.
Evening star., 1948-06-16
BuiIding.Loan League
Reports Resources Up
S43,0O0,000 in Year
By Edword c. Stone

Combined resources of the u
associations comprising the District
of Columbia Building and Loan
League amounted to s344.4 1000 at
the close of business May 81, a
statement compiled by F. Wilson
Camp. secretary. revealed today
This figure, the highest ever reaches
by League members, is SAB 100000
more than reported assets of a yeal
ago..
Loans on real estate increased
s57,000,000 during the u months te
s3l40o0,000 with advances made dur.
ing May aggregating nearly $4,000
0C0. On the other side of the bal.
ance sheet. savings share money
rose s22,OOO,000 to a peak of s277,.
100000 while surplus and reserve!
climbed to s28,8470oO
Movie Shows GE Activities.
Nine hundred stockholders ane
guests of the General Electric Co
saw a movie at the Statler yesterda.
picturing for the first time in Wash
ington the astonishing number O.
activities in which the company i
engaged as we'll as the outstanding
figures in the annual report for 1947
A motion picture III colors de-
picted the work of $4,000 employ
es in l25 factories, Offices and place!
OF business. Everything from cleo
tricitv controls to motors, light bulbs
washing machines, electric stoves
and even atomic bomb research wa!
touched on.
The story was fascinating and in.
formative for stockholders unable
to attend the annual meeting. Ot
the 25O000 stockholders, over 4,00t
live here.
w. H. Milton, jr., commercial vice
president, presided at the area meet
ing here. A preview for the press
was held at the Carlton.
Regular, Extra Declared.
The Bank of Commerce g. Saw
ings has declared the usual quarter
" dividend of $3.50 and an extra o.
81 per share, both payable June 81
to holders of record June 20.
The National Bank of Washing
ton has voted the regular semi-an'
nual dividend of SO per share, pay
able July / to stock of record Junt
"a.
American Security e. Trust Co
directors have declared a quarterly
dividend of 2l2rc, payable July
to holders of record June 30.
Bank Promotes Loan Expert.
William A. Spaugh, manager Of
the Installment Loan Department
of the American Security & Trust
Co. has been elected an assistant
treasurer, Daniel w. Bell, president
announced today. He attended the
University of North Carolina ano
graduated from Moravian College
Airline Service Opened.
Establishment of the Fay Traffic
& Service Corp, to render varied
services to airlines and other car
riers. was announced today by Ed
ward j. Fay at 1903 K street NV.
Mr.. Fay. president. organized the
tariffs and service division OF the
Civil Aeronautics Board and served
as chief seven years. Eugene S
Ostheimer is vice president, othel
staff members including w. V, Hen
zey and Margaret B. Sugg.
Pep Boys Expand Chain.
Charles D. Unger. vice president
and general manager of the Per
Bows. Nanny, Moe and Jack, viii
officially open'the chains sixth store
in Washington tomorrow at 280l
Fourteenth street NV. The store
48th in the chain, has all the latest
features in auto accessory mer-
chandising. Moe Cohen, former
manager of the M street store, will
manage the new store
Evening star., 1948-06-16

Hourly sales on the EAehanse Teo.y:
ll:ooam $40 600 1900 noon $40 900
100 pm 900 600 2:uO m l $50 COO
tIInft of trading, 10 shares sIn panA-
ruptcy or receivership, or being reorganized
under the Bankruptcy Act. or securities
assumed by such companies. Rates OF
dividends in the foregoing table are annual
disbursements based on the last quarterly
or semi-snnual declaration. Unless other
wise noted. special or extra dividends are
8 Also extra or extras. Plus stock divi:
dend Cash or stock. Declared or paid
so far this year; Payable in stock. est
9 Paid last year. Declared or paid after
stock dividend or stock splis.up.. + Aecum.
Payable In stock. exact cash value hnde.
termined on declaration date.
Evening star., 1948-06-13

house next week and the Minister
expects to join them for week ends.
They do not hope to move into their
attractive Legation on Massachu-
sets avenue before the fall.
The Irish Minister, Mr.. Saen
Nunan, Is another of the chiefs Of
diplomatic missions on his way to
San Francisco. He Is his countrys q
delegate to the labor conferences
Mrs. Nunan is staying In their
pleasant apartment at Wardman
Park Hotel.
The Uruguayan Charge d'Affaires
and Sonora de Mora are settled In
their cottage at Sherwood Forest
for the summer. DR.. Mora has
been i'll following the strenuous and
arduous tasks Of his post as Charge
d'Affaires for his country and also
its delegate on the Human Rights
Commission. DR.. Mora will spend
most of the summer resting with .
day or two each week at his desk
in the embassy.
Parties on Calendar
The retiring Mexican director Of
the Board of the international
Monetary Fund, Senor Roul Mar
tinez Ostos, and Sonora de Mar.
tinez Ostos are being extensively
and informally entertained before
they leave later in the month. Last
evening they were honor guests at
dinner Of Senor Javier Marquee
also of the Monetary Fund, and
Sonora de Marquee. The 20 guests
included members Of the Cuban
Evening star., 1948-06-13

the groom Is . law student at
Columbia University.
Given in marriage by her brother,
Mr.. Thomas N. Owen, III. the bride
wore with her white lace gown, her
mothers wedding pearls and the
diamond bracelet which her paternal
grandmother, Mrs. Marie B. Owen,
wore when she made her debut. She
carried the prayer book used by her
maternal grandmother, Mrs. Seth
p. Storrs.
The bride was attended by Mrs.
Frederick B. Kinkenstaedt and Miss
Mary Claire Rountree. Mr.. william
Erdman was best man and the
ushers were the Messrs. Robert
Fergus and Richard Mayneld.
Evening star., 1948-06-13

Mr.. Bernard Hasson was best man
and the ushers included the Messrs.
John Stone, George Jones, William
Ramer, George Keyser. William
M. Gavin, jr., and 1t. Norman Ely,
q. 8. N. r.
FereHs.O Ouen
st. Margaret's Episcopal Church
was the scene Of the Wedding yes
terday afternoon Of Miss Betty
Owen, daughter Of Mr.. and Mrs.
Thomas McAdory Owen, jr., to Mr..
John Corwin Fergus, son OF Mrs.
Corwin A. Fergus and the late Mr..
Fergus of Columbus, Ohio, and
Bronxville, N. Y.
The Rev. Dr.. Malcolm Marshall
oniciated and the couple left later
for three months Of travel. In the
fall they viii 60 to New York. where
Evening star., 1948-06-13
MiIHken
Continued From Page d..

cocktail parties today In their apart
ment in Parkfairfax.
Col. and Mrs. Lee H. Brown, who
are at Camp Jejeune, are announc-
| ing the engagement Of their daugh-
ter, Ardath Mary, to 1t. Gordon
Scott Browne, U. S. M. c., who Is OF,
duty in Washington. The wedding
will take place in the autumn.
The visit OF Mrs. Charles p.
George Of San Antonio with her
aunt, Mrs. Edward Everett Gam,
has been the signal for a round OF
entertainments which apparently
will cease only when she leaves for
her summer place at Siasconset.
On Tuesday Maj. Gen. and Mrs.
James K. Grain will give a small
luncheon for her at their residence;
Mrs. Charles r. Thompson is plan
ming q similar party this week; Mrs.
John N. Greely entertained Mrs.
George and Mrs. Cortlandt Baugh-
man Of Coronado, house guest Of
Admiral and Mrs. Louis E. Denfeld,
at luncheon Wednesday at the
Chevy Chase Club, and Mrs. Thomas
j. Camp gave a similar party for
Mrs. George on Tuesday at the same
club. Gen. and Mrs. Grain have as
their guest over the week end the
latter's niece, Miss Florence Nicolls,
who is down from New York.
Mai. Gen. and Mrs. Alexander r.
Boiling entertained at 6 to 8
o'clock party Friday in their quar-
tiers at Fort McNair. The Secretary
t,cf the Army and Mrs. Kenneth Roy
tall, Gen. and Mrs. Omar Bradley,
lGen. and Mrs. j. Lzwton Collins, 1t.
Gen, ,sand Mrs. Albert G. Wedemeyer,
fMat Gen. and Mrs. Alfred M.
iGr,lenther and Rear Admiral and
Mrs. Thomas B. Inglish were among
the top-fiight service persenel at
the rartv
Evening star., 1948-06-13

and Mexican, Embassy sta11s and
their wives.
Sonora de Martinez ostos will be
the guest Of honor at luncheon
Friday of Sonora de Sarabassa, wife
Of the First Secretary Of the Cuban
Embassy. The Mexican sonora and
her two young children will leave
Washington about June 20 to re-
turn to Mexico and Senor Martinez
Ostos will join them later in the
summer.
The Minister OF Education of the
Philippines and Mrs. Manuel Cal
gallego and their daughter, Miss
"ioleta Calgallego, are spending the
week end In Washington. They
came here the middle Of the week
from Tarrytown, N. T., where Miss
Calgallego was graduated with hon.
ors from Marymount College. The
Minister and Mrs. Calgallego and
their daughter will 60 to Staunton
to visit the son Of the house, Cadet
Manual CalgaHego, jr, who is a
student at Staunton Military Acad-
emy. The Minister is studying edu-
cational methods In this country
while here.
The Philippine Ambassador, Mr..
Joaquin M. Elizalde, was host at
cocktail party last week for the
visitors, and sharing honors with
them was the Philippine Charge
d'Anaires In Madrid, Col. Manuel
Nieto, who stopped here en- route
back to Spain after a visit in his
homeland. Col. Nieto served on the
stad OF the late President Manuel
Roxas during the latter's exile IN
Washington.
Members of the executive staff
Of the Brazilian Aeronautical Mis-
sion will be guests today of Mr.. and
Mrs. Richard Morris at their sum-
mer home at Fairhaven Beach, Md.
Guests are expected in the early
afternoon for q swim, and buffet
supper viii be served on the lawn
in the early evening. The company
will number between so and 60.
Evening star., 1948-06-13
Miss O1Uen Bride

Miss Una Virginia Owen, daush-
ter Of Mr.. and Mrs. William otway
Chisholm Owen. was married yes
terday to Mr.. oleg G. Enikeieff Of
Providence, r. I. The ceremony
took place in st. Johns Church.
Lafayette Square, the Rev. G. Leslie
Glenn ofilciating in the presence OF
the brides immediate family.
The bride was attended by Miss
Frances NJ. Rucker Of this city and
DR.. Maurice A. Blot Of New York
City was best man. The couple
will make their home in Providence.
Mrs. Enikeie6 was graduated from
George washington University and
her husband Is Q graduate OF the
California Institute Of Technology.
Evening star., 1948-06-13
Informal Fetes
Summer Plans
TarchianiS Go
To Italy Soon
By Katharine M. Brooks

Informal parties and summer
trips are interesting members of
the diplomatic corps during these
early summer days. Plans for trips
to escape the heat of the Capital
have been held In allegiance until
the hot weather arrives, with the
exception of those in the corps who
are going home for the vacation
period.
The Italian Ambassador and
Signora Tarchiani will have small
group at dinner Wednesday evening
by way Of a farewell fete before
they sail for their homeland. Ru-
NOR has 1t that their trip home at
this time is because Of a wedding
planned before the autumn.
The Austrian Minister and Mrs
Ludwig Kleinwaechter and their
daughters Gunda and Ebba will 60
to Blue Ridge Summit, where they
have taken a cottage at Monterey
for the season. They will open the
Evening star., 1948-06-13
luncheon Hostess

Mrs. Emmanuel q. Deoudes was
hostess at luncheon yesterday at the
Statler Hotel. The guest Of honor
was Miss Alexandra Pappadeas,
whose marriage to Mr.. Nicholas
Chaconas will take place June 81.
Guests included the Misses Mary
Chaconas, Constance Chaconas.
Mary Deoudes, Katherine Deoudes,
Evelyn Panagakos, Mary Kekenes
and Mrs. Harry Sembekos and Mrs.
Constantine Sioris.
Evening star., 1948-06-13
Brother Ofticiates

The Rev. Wilfred NJ DUNN ofici-
ated at the ceremony in st. Gabriels
Catholic Church yesterday that
united in marriage his sister, Miss
Imoeene Rose DUNN, and Mr.. John
C. Reidy, jr.. whose parents make
their home In Washington.
The bride is the daughter OF Mr..
and Mrs. Gordon H. DUNN OF
Edensburg, Pa, and she was escorted
by her father. Miss Roselyn DUNN
and Mr.. David Reidy were at
tendants. The ushers were the
Messrs. Bradley Mccarthy, Donald
DUNN, william Brewer and John
McGovern.
Evening star., 1948-06-13
Return Home.

Mrs. A. Cohn has returned from
Miami and Joined Mr.. Cohn at their
apartment here.
Mrs. William jacob also is back
from Miami, where she visited her
son-in-law and daughter. Mr.. and
Mrs. Harry Schwalb.
Evening star., 1948-06-13
Weddings Claim
Social Spotlight
(Continued From Page DID

20 to Columbia. Mo-, where the
groom will complete his studies at
the University Of Missouri.
In an impressive ceremony In the
Fort Myer Chapel yesterday morn
ing Miss Ellen Calvin. daughter OF
Capt. William M. Calvin, q. 8. N. r.,
and Mrs. Calvin. became the bride
OF Mr.. william Charles Rawson, son
Of 1t. Col. Frank ]. Rawson, A. G. r.,
and Mrs. Rawson.
Capt. William Fitzgerald. Army
chaplain, ofnciated and q reception
followed at the United Nations
Club.
Given in marriage by her father,
the bride was attended by her sis
n-law, Mrs. william M. Calvin,
jr., and the Misses Alix Appleton Of
New York and Kathleen Wiegand,
Lydia Wiegand Of Renafiy. N. j..
and Mrs. Robert Denny OF this city.