davidaulloa/AmericanStories huggingface dataset:
The Daily Alaska empire., 1948-01-10
T II A N K $,
 T II A N K s, THANKS. A HAPPY NEW YEAR.

We thank all those hundreds of Alaskans for their generous con- tributicns to the Republican Party Victory Contribution for a Repub- lican Victory in 1948, and their interest in the progress of the Territory of Alaska.
 Vote Republican in 1948 and Save Whats Left. All those wish ing to cooperate towards this great Victory contact,
 Albert White, Box 332, Juneau
 Alaska Member Alaska Finance
 Committee. (780 3t)
The Daily Alaska empire., 1948-01-10

spokesman at Arras, refused to let her speak Mrs. Perkins had spent her own time and money journeying to Arras, but when she got there Lowery, who has consist ently opposed publicity for Friend ship Food, turned thumbs down.
 In Italy, likewise, John Second ari of the Columbia Broadcasting System, Carl Cortesi of the Rome Daily American, Margo Atwood of the American Broadcasting Com pany and Rita Hume of the North American Newspaper Alliance pa triotically accompanied subsequent Friendship Trains in order to tell the Trains story to every part of the country.
 In France, Robert Blake of American Aid to France and Her bert Schenker of the Jewish Joint Distribution Committee worked night and day for a solid month, making sure no kinks developed in distribution of the food.
 Before I left the United States many people questioned the eff ciency of local European distri- button systems. However, my ob- seryaticn is that the French Entr'aid and the Italian Endsi, the chief relief agencies here, are efficient. quick and absolutely honest. They work in complete teamwork with American Relief groups.
 Various proposals have been made in Italy to thank the American people for the Friendship Train. One, by the Rome news paper, Momento Sera, suggests that some ancient and highly priz- ed work of art be sent to Wash ington for deposit in the Smith sonian or National Museum In Florence, a group of artists pro- pose sending several art gifts to the American people, while an Italian newsreel company, "Incom, 9 is preparing Q special newsreel, en- titled Thanks, America" showing the Italian reception of the Friend ship Train. Premier Alcide De Gasperi already has contributed 20,GO0 lire out ol his own pocket to help pay the expenses for this film, as did also. Foreign Minister
The Daily Alaska empire., 1948-01-10
Daily Lessons in English v v. L. GORDON

MIsUsED: Do This book is not to Say, me"
 MSPRONOUNCED Supendous Pronounce stu dus, n US unstressed second syllable
 OFTEN MISSPELLED Poutice; pronounced in
 Smell perfume, fragrance a three times and yours" Let mastering Today word passing
The Daily Alaska empire., 1948-01-10
The Washington NerrY-Go-Round
By DREW PEARSON

Continued from Page C.ie>
The Daily Alaska empire., 1948-01-10
MODERN ETIQUETTE 6g egoRERrA LEE

O. Does wen-bred relating operation?
 A. questioned sible then change the subject.
 professional is perform?
 i previously Otherwise, pesumptuous o
 c. should evening
 o'clock; prefer p. m
The Daily Alaska empire., 1948-01-10
SNOW FLOW IS OUT

The Juneau Street Department gives warning that the snow blow is out, and that the City of Ju- neau will not be responsible for cars and trucks bumped by the grader, as permanent parking, es- pecially in residential areas, is in violation of a city ordinance.
The Daily Alaska empire., 1948-01-10

of Ek lodges were to be hosts during following the Juneau Anchorag -Ketchikan matches.
The Daily Alaska empire., 1948-01-10

Martin Hoist noaded more than 200 barrels during the Juneau Cold Storage Company.
The Daily Alaska empire., 1948-01-10

Weather: High, 43; low, 37; ram
The Daily Alaska empire., 1948-01-10

The fregher Captain Livingston arrived 1T freight for Juneau and 50 tons of fcoalf for
The Daily Alaska empire., 1948-01-10
LOOK and LEARN h (. GORDON

only in 
 9 What is a pseudonym? g. Of what country Catherine the Great the ruler? 4 What is the real meaning of the orator? ANSWERS:
 America the Yangtse- of China A name a pen name
 
 It is Hindu dusty,
The Daily Alaska empire., 1948-01-10
20 YEARS AGO FIFE TIT EMPIRE
JANUARY 10, 1928


 photographer and moving picture producer meeting of the Juneau Wones the previous night in the Tea
 Martin Hoist noaded more than 200 barrels of herring during the Juneau Cold Storage Company.
 Capt America First from Petersburg with report had experienced sweeping and the Shrimp Capital He said Brothers the rocks near Rake and at Bay the Ruby had sunk at the dock
 The visiting to be hosts during the week at dances held Juneau and Juneau -Ketchkan matches.
 freighe Jock Livingston arrived in freight for Juneau and 50 tons 0
 for the season the Alaska seasons pack and crews of two ateries at packers reported the of the season but high prices were expected o a for the shortage
 As the who their chief Alaska Road Commission Col James C. Seese Engraved Alaska musher with winding mountains in the background
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05
LAKE COUNTY
REPUBLICANS ELECT
CHAIRMAN

Lake County Republican
Committeeman met recently in
the Court House at Waukegan
to select a Chairman for the
next two years. The Zion Re-
publican Committeeman pre-
sent were Robert P. Will, Sam
Harwood, Silas F. Hendricks
and Vern Thompson. A resolu-
ton was read in commemora-
ton of the passing of John R.
Bills, who was elected Precinct
Committeeman in Precinct One
Zion, and all committeeman
stood for a moment in silent tri-
butte.
Mr.. William Marks of Lake
Villa was elected to the Chair
manship of the Lake County
Republican Central Committee,
after Mr.. John Spellman Of
Lake Forest had withdrawn as
candidate. Four Vice Chair
men were then elected, among
whom was Frank l.. Davis of
Benton. A Secretary and a
Treasurer were elected and 20
members were also elected to
the Executive Committee. Silas
F. Hendricks of Zion was elect
ed to the Executive Board. The
office of Precinct Committee
man carries no salary or re-
Enumeration, even tho the Of
flee has many important func-
lions connected with it. Espec-
tally is this true before County,
State or National elections. 1t
is a go-between for any Citizen
seeking State employment or
in contracting their elected rep
resentatives in both County
and State. Zion has benefited
to a greater extent in the past
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05
fife TheOCraf

few years than ever before,
thru appointments of citizens
from Zion to State and County
positions thru the efforts of
their Precinct Committeeman.
By showing a united front
through the Precinct Commit
teemen, it would be possible to
obtain more recognition for our
community in the future. Why
not have more of our local citi-
zens aspire to positions to our
County and State elected Off
ces? People from smaller COM
munities than our now hold
some of these offices. 1T CAN
BE DONE WITH UNITED Eff
FORT.
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05

years; during which time he
also taught "voice" at the
Moody Bible Institute in Chi
cago.
Early in life John D. Thorn
as became interested in photo
graphy, and was frequetly con-
suited by lions photograph
ers, the Williams Brother,
when the symbolic pictures
were gradually being develop
ed by these three men at the
turn of the Century.
During World War I, a
startling success was achieved
by John D. Thomas and Art
Mole in their first symbolic
picture for that period - the
waving American Flag made
up of Navy personnel at Great
Lakes. Immediately their SER
vices were sought after by
many of the large war camps.
They made many pictures
where $4,000 and $4,000 Off
GERS and men were grouped in
one unit. They were even ask
ed to go to England and
France to make these symbolic
photographs.
During the early 1920's John
D. often prepared sketches for
Easter, and Christmas, and
dramatized Biblical scenes.
These led to the working up, in
the late '20's of "The Lord of
Life" which was given success
fully in Shiloh Tabernacle for
many years and was the fore
runner of the "Zion Passion
play"
John DIS. experience with
people and his devotion to
music attained for him out
standing success and has made
a lasting impression on the
Zion Community. He has given
generously of his time and ia
Tents throughout the years and
is most certainly worthy of all
the honor which the Exchange
Club is able to bestow.
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05
TO OUR FOLKS ABROAD

CONTINUED from page p
young people.
Edna Robinson of Napa, Cal
ifornia, writes that her daugh-
ter, June, was married on
March goth, to Robert Hug
gins, in the Methodist Church.
Twenty-Five relatives attend
ed the ceremony in Napa.
Mr.. and Mrs. Homer Ingram
are grandparents. A baby girl,
Cheryl Sue, was born to their
daughter, Mrs. Don Congdon,
on April 30th.
Marjorie Tollefson-Duck has
a new son, born April 18th,
Roger Ted, weighing 8 pounds.
Bertha Tollefson has gone to
New York to take care of Mar
jorie's home and little brother.
John and Frances Hollings-
head have a baby girl, born on
May End, making three chill
dren for them.
The Elder has returned from
Chicago and had a good SER
vice. Mr.. and Mrs. A. w. Dill
Ion and little son, Bobby, have
been attending the services.
Mrs. Dillon is the former Doro-
thy holland.
Wedding invitations are out
for the marriage of Laurel Lee
and Philip Clepper of Chicago
for May 18th.
Wedding invitations are al
so out for Marguerite FEEDER
meyer and Emanuel Emanuel
son, May 9Th in the College
Chapel.
Birthdays:
May 6th-Mrs. May Wilson.
May 6th-Gloria Ruesch, IL
years old.
May 6th-Lanny Schmidt, 10
years old.
May 8th-Mrs. M. Mintern.
May 9th-Mrs. Olah Bittle.
May 9th-Marvin Whitaker.
May 11th-Mrs. Florence Nc
Culloch.
May 11th-Patricia Hedstrom.
May 13th-Mrs. Paul Dreyer.
May 14th-Arlene Kay Bur-
CESS.
From the Folks at Home,
Mrs. A. A. Wright,
2918 Edna Boulevard.
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05
MRS. SEFTON'S BIBLE
SCHOOL CLASS HOLDS
MONTHLY MEETING

Mrs. Michael Ditzig, presi-
dent of Mrs. Alfred Sefton's
Zion Bible School Class, open
ed the monthly meeting on
April 26th with prayer and the
singing of "When the Roll is
Called Up Yonder." Mrs. G.
K. Mifflin, welfare chairman,
then gave a report of the Dor
cas- work done by the class dur
ing the past six months. Thirty
five quilts have been made and
placed. Bushels of mending
have been done, some of this
work being done for Miss West
who has an orthopedic school
for children at Camp Lake,
Wisconsin.
Sixteen members of the class
spent day sewing at the Lake
Bluff Orphanage last week.
Fifty-five baskets of clothing
have been sent to the Philip
pines, Germany, Wisconsin and
Kentucky. Ten boxes were
packed at Christmastime with
clothing and miscellaneous ar
ticles such as soap, thread, dish
towels, towels and wash cloths.
At this meeting two quilts
were tied, two quilted and one
pieced.
Mrs. S. D. Center and Mrs.
William Colwell are co-chair-
men to Mrs. Mifflin, helping
prepare work and distributing
it.
Delicious refreshments were
served by Miss Augusta Kur-
rasch and co-hostesses Miss
Mabel Hanni and Miss Ella
Hanni, Miss Dorothy Kesler,
Mrs. Mifflin and Mrs. Myra
Young.
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05
AVON SPECIAL
Monuments MARKERS

Creamation Urns, Vases for Cemeter-
les and homes. Displayed at my home
at Russell, Illinois.
Dealer for KenOsha Monument Go.
l.. J. SLOCUM
Zion, Ill. Rt. 1. Phi. Antioch 164-R-2
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05
SELLING OUT
RefrigeratOr;

Electric Refrigerator; Bedroom
Suite; 9 x IL rug; 8-piece dining room
suite; writing desk; double burner
electric plate, stand and oven; work
bench and emery wheel; electric wat
er pump; stationary laundry tubs;
building and roofing paper, and tar;
lumber, doors and windows; hot water
tank and boiler; saw-bucks; cook
stove; used tires; tools and many 9TH
er items. Lake Drive and 18th Street,
Bartlett Beach, Zion. 874-5-5
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05
ADULT BIBLE CLASS TO
HOLD ELECTION

CONTINUED from Page II
OF officers, after which there
will be a social hour with re-
freshments.
The officers of the church
and their wives are cordially
invited and all members should
make plans now to be present.
JOHN D. THOMAS
HONORED
Continued from Page ~
ing the organization of Zion
Band and Zion Orchestra, and
directed both for several years.
He took a vital part in the es-
tablishment of Zion Conserva-
tory of Music of which he be-
came dean; having under him
at one time as many as 20
music teachers. For many
years the Conservatory's en-
rollment reached $50 students
annually. These students
formed the basis for the re-
nowned and world fame of
radio station WCBD which
opened in 1928.
In the early years of Zion,
Mr.. Thomas took part in Zion's
political activities, being City
Clerk for about 10 years, and
also a member of the Lake
County Board of Supervisors
for eight years. He was direc-
tor of the Philharmonic Choir
us in Waukegan, also director
of the choir of the First Bap-
tist Church in that city for 7
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05

FOR SALE-Strawber plants and
red raspberry plants. George Shaw,
Phone 494. 1884, 2S-5! 5/l2
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05

FOR RENT-large sleeping room,
private entrance, twin beds, large
closet, hot bath or shower, breakfast
privileges, city bus service at door.
No smoking. 2537 Gideon Avenue, Phi.
947. 872-5-5
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05
Mother Daughter Banquet

Mrs. Oterbacher's Bible Glass
will enjoy a Mother-Daughter
Banquet Monday May 10th at
$50 in Zion Home Dining
Room. Make Reservations by
Sunday night with Mrs. Doll
McNiece.
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05

FOR SALE-Asparagus. J. A. Cher
toff, w. goth ST., Phone 273O.
P873-5-5-12-19
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05

CARPENTER WORK, painting, roof
ing and siding. Phone 1916. REIN
HOLD LUBKE. $40 Cont.
The theocrat. [volume] (Zion City [i.e. Zion], Ill.) 1914-1949, 1948-05-05

FOR RENT-Comfortabl room one
block from High School. Phone 2492.
P868-4-28/5-5-12
Evening star., 1948-10-24
ADVERTISEMENT.

II you want to get ahead In the naEs ID
months, 1t is important for you 10 IN
derstand the far-resching changes that
are taking place all ovsr America. New
inventions, new industries and new
ways Of doing business are creating
new opportunities for men who want
to increase their incomes.
It will pay you to find out about
these things. And one place to find out
is in the pages Of The Wall Street Jour
nal. The Journal is more than q news
paper. It is q daily guide for every
substantial citizen. Its readers in
clude some of the wealthiest people
in this country. Yet The Journal can
also be Of enormous help to men in the
$4,000 to $4,000 income bracket.
The Journal has the largest staff Of
writer's on business and finance. 1t il
the only business paper served by al
four big press associations. It comes to
you DAILY. You get the fastest pos
sible warning Of any new trend that
may affect your business and personal
income. You get the facts in time to
protect your interests or to seiss
quickly new proft-making opportu-
nifty. The Journal costs $50 year, but
you can get a Trial Subscription for 8
months for $6 Tin U S. and Possessions).
Just tear out this ad and attach check
for Sc and mail. Or tell US to bill you.
Address: The Wall Street Journal, ~
Broad Street, New York 4, N. Y.
WS 1929
Evening star., 1948-10-24
Hopes for Price Cuts
On Foods Increase as
Future Markets Drop
By J. B. WoIloeh
North American Newspaper AIlionee

NEW YORK, Oct. 23.-Price de-
clines in food commodity futures
this week have increased hopes that
food costs generally will drop ma
terially after the first of the year
and relieve pinched consumer ex-
chequers. Although price trends in
wholesale markets have been mixed,
a gradual settling at or near support
levels is indicated.
Favorable crop outlooks and prob
abilities of year-end surpluses are
shading the commodity price pic
ture but Frightening prospects for
lowered food costs to the consumer
and the release of substantial
amount OF disposable income to
durables and nondurables other
than foods.
Using 1889 as a base year and its
prices as index figures OF 100, the
National Industrial Conference
Board, in chart Of consumers
prices through August, 194o, shows
that food prices stood at 223.8 as
compared to 1865 for all items, 155. 3
for clothing, 147.4 for sundries and
110.7 for housing.
AS a consequence of more than
doubled food costs since 1941, the
average moderate-income family is
spending at least one-third more of
its substantially higher postwar in
come for food. Expenditures before
the war averaged about 23.5 per cent
and by midyear in 1948 were esti-
mated to have risen to as much as
37.7 per cent of income.
Breaks in food commodity prices
augur lower living costs, more tran
quill labor conditions and expanded
consumer spending for manufactures
and services.
Lower prices for farm products,
however, will not mean hard times
for the farmer. Net agricultural in
come scared 238 per cent from 1910
to 1948. while total national income
rose 144 per cent. In 1910 farmers
got $l.500,0O0,0O 900 for dairy products,
81 300 100000 from cattle and calves
and $836,000,000 from hogs. Last
year their cash take was, respective
ly. $4,050. 1000, 900, $4,000, ,OO00 900 and
81, 900 100000.
Evening star., 1948-10-24
Produce Markets

Baltimore quotations furnished Dy the
United states Department Of Last Asrlcuisu!s; !,
Virginia, west Vifginia' New Jersey and
New Yo56 GGlden DELICIOUS -insh up
$3.50; few, 100; staymans. 2la-inch
up, sOO-3.25; mostly 800; Romes' 21a-
Potatoes-Market about steady; 100
pound sacks. q; S: Is and o. 8: Is size z "A a
Pennsylyania, Katahdins; used SACKS. 5nno,5nG Sno
paper sacks. 1.3o-1 36: 1o-pound sacks
sacks. 2,S5.
Sweet P9tatoes17MsTkst abOu. .hts steady; =;
bqss.d bna 0askss Msly.n9 Srsna s
Goldens. I.50-225; mostly, 1.5o2.0O;
Pickouts. ISL 90; Porto Ricans; Virginia
50-2 90: nearby, one-hslf buhel Goldens
75-1.0O; Virginia, white yams, $50.
Snap Beans About Steady.
Snap beans-Market about steady:
bh DaSke sna sasS ssekS
Valentines, IaeSi ,a" a,oo-s.3s; Bountiiuis zoo
Lima beans-Market about, steady;
Virginia, 8 1908. 90; Maryland, few. 800.
sopped ounen wa wssSed. Sed.S 20 oS'' 's"'S 'O'A
Broccoli-Market about steady. crates.
5s4sey rsneSyynnia' ias S. sGo' few higher New
bH a5as i:snd a.n.s per Quart
pacSed a1aEsfe iocaiIS' PennsyIvania % Danish. Ss-
90: New York Danish. 90 90; North
Carolina round, 1920; lew higher; 90. 90.
uiihowerwMarkes about steady; Lons
Island, pony crates; l2s and large 2,50-
500 mostly p.n5sGiy.I;. g;5o,2,5; hal, crates
blanehed Pascal, 4, 8 and 8 dozen. 2.75-
Icelery-cabbase-New Jersey. Eastern.
crates 1.oo-i SO. mostly i IS.
Greens---Nearby. bushels, broceo. 6o-s5
cents; mostly rs CENTS; poorer lover; col sn
Is cents; mustard Door. 5000 cents;
turnip tops, ,5o-75 cents; poorer lower
det'uGNsw Jersey Eastern o9s eeSers. s
@osy 45s'ss fessrf So sDs Esstefn e4aen erates Bs
Boston. dozen 75-1 mostly 76 ,Iss; cents;
Ronsine ,odss few .e0 90 nearby oushei
onionsMGreen. nearby. 8 cents per
bunch
o1ionsm5o.poupd ID sseks; e. yellovs' = 8
Poultry Market dull demand SLOW; re-
septs sht mostly carried fyers 5t3
less: light weights IeshornS. few, "a;
ducks, supplies Insufficient to quote.
Livestock Market.
Cattle: Compared week ago: High me
dium and good steers 50-l 90 lower.
Instances iHs 0i SO o lower Bulls mostly steady
to strong; stocker and feeder cattle weak
sood 80 1sefs RSf at at
medium to lov-sood heIferso; S%oo-o6 90;
eovs epteF f6d M and o1 meda
100; lew strong Weieht cutters to l75o
Good 0Se Se.t 'fsE bu daTn o letter p4
@siny 11s S.:E3F ty5s Outside 5Hsf Sss
aHs God fustsd aed nin ehce caves
oI calvea ee compsred ana week week aso@Ail srades
good good and Choice ~eet veafers, H' 5"oo but tSe9
andsr suse saushoer a Sfe0e calves s a
3e CO. all geeishHts ge JH 80 common @ and medium dT
peund 9s ca1e f0ee @5a6aSs Sys 5uE @
All $:Ss .ss s,ssss ssst g 15:s w!
pound barrows and si,ts. 26. 1877 s5:
pounds, 5475-2525; 350-400 pounds.
2375-2425: 400 pounds and Il heavier e. nd
l40-160 pounds, 35.25-75; 160-1S0
pounds. 2e25-70; sows. 400 pounds and
lighter. 2275-2325: 40o-450 pounds:
y 1922 25' 450 pounds and heavier ,lpa and
stays auotabie above 2100 Bulk all
weisht ranges selling at outside quota
tions.
Sheep: Compared week sso-wooled
lambs mostly loo higher. ewes steady:
weeks bulk good and choice wooled lambs,
25: 5:00-26; 90: common and medium: Il 90.
Evening star., 1948-10-24

23.9o: bulk good and choice wooled ewes;
10. 90. the auotable top; common and
medium ewes, 5.00-s.00 eulls. 400.
Grain Market.
Flour-Receipts, 2,442 100 pound sacks
Wheat-Receipts 210,902 bushels; ship
ments, 367.745 bushels; stocks: 4,3OO.Ols 8
bushels; No. = red winter. garlicky. spot,
Corn--Receipts "a 923 bushels: ship
ments, $500 bushels: stocks, 134,6
bushels
oats-Receipts. 1895 bushels; ship
ments, none; stocks. 556,67O bushels; no
quotations.
Barley-Receipts. 1882 bushels; ship
ments, none; stocks, 4s.O51 bushels.
Rye-Receipts 3.240 bushels; shipments,
none; stocks, 4 1928 bushels.
SoybeanS-ReceiptS, none; shipments
none: stocks, none.
Millfeed-Receipts. none
Butter and Eggs.
EsSs-Market firm on top srades: steady
on others: demand good: receipts light In
top srldess. wholesale selling prices: A
large, 72-15; mediums. 1858; A small,
ungrsded 5O-5S
heceipts-Butter. a2.4s3 pounds; esgs.
3,UIl cases
Evening star., 1948-10-24
Few Rails Improve,
Other Bonds Idle
In Narrow Range
BY The Associated Press

NEW YORK, Oct. 23.-A handful
Of railroad bonds rose moderately in
today's short session while other
groups idled in a narrow range. In
tersst continued relatively high in
investment rated bonds following
one Of the years most active weeks
In new money markets.
A rush Of buying in Third Avenue
Railway SIS in the final session sent
that turbulent issue up 1a4 points to
45A, about the high for the current
recovery move, on sales OF $150,000
par value. The New York City tram
sit firms loan was in the limelight
repeatedly all week, rising and fall
ing coincident with day-to-day
moves by the transit union workers
to get more pay. The company says
it cannot pay them without higher
fares.
Pea Bonds Edge Higher.
Pennsylvania Central Airlines 3las
drew attention with fractional rise
on modest volume and Central of
New Jersey SIS rose a point to 81 on
sales Of $4,000. Others ahead in
cluded Erie AIS, International
Hydro Electric IS and Laclede Gas
AIS. On the losing end were Loril-
lard IS and May Department
Stores 2Sss.
United States Governments were
not traded and there was little 60
ing on in foreign dollar bonds. Sales
totaled $l,e62,000, compared with
s1,o30,000 last Saturday.
This was the biggest week of the
year in new financing. Bond offer
ings alone were $230,O66O0O, but
insurance company and bank loans
and projected new deals announced
or registered with the SEC brought
the total to many times that figure.
Private bank loan included $70,-
100000 to Consolidated Edison of
New York and SIS, 100000 to Phillips
Petroleum.
Phone Issue Stalled.
One of the weeks high lights was
the sale by Michigan Bell Telephone
OF s75,0O0 900 of 3ls per cent deben-
lures to a syndicate for s101.679 per
500 bond.
In a public reoffering at Sl02,25
the bonds ran headlong into an an
nouncement by Michigans parent,
American Telephone, that 1t would
soon be In the market for $3.50. .000,-
900 Of new money.
This was depressing factor for
the new bonds, and brought an early
announcement of the termination of
the underwriting agreement by the
head of the syndicate. Underwriting
circles said about two-thirds of the
s75,000,O00 total was still in the
hands of underwriters when it hap
pened.