davidaulloa/AmericanStories huggingface dataset:
Evening star., 1948-06-10
N. Y. Curb Market
LIST INCLUDES ONLY sELECTED ISSUES
CHANGED FROM PREVIOUS CLOSE.

~ 80 AOoC SS
:aoKaiser-Fraker loN
AALakeShoreM 72 ~
nLamsonCorp 1ae lolz
~ LafAton M Ia ~
5AA Leonard Oil Dew ilis
2MILone Star Gas 1 22H
3oA Louis L & e Ia q
16M McClanahan OIL ~
5HlMcWill Drdg go IL
MMead John Goa. 1o
IN Menasco Mfg 2h
ga M1dStPB vtc Ae III
2oN Mid West Crp 6f lo,t
GA Monogram Pict- 81
51ANat Bellas .2Og- ~
IA Nat Fuel G 80 12iA
mNatRAdiator go 6A
Union Rad 3H
2oA New Mex d Ariz 81
l1hI Niagara Hud Pr. 9A
"a Mag Hud B WV ~
AsINinetn Humid / 1914
3N Mona Elec1 goa 17h
~ NorthropAir Ag IL
. Pantepec 1.2S-- 19
~ Pennroad .40g-- 6A
~ Pepperell 3a 66h
57A Pioneer Gold 2Ns
Zm mPrentis-Hall 80 0h
; R-K-O opt war IN
5hIRavtheon Mfg eh
oh Regal Shoe .30g ~
eA Richmond Rad ~
80 RioGrValG .O5e an
va RotaryElStl 1ae 34B
6@hISaltDomeO I1sf 1oA
44iA Savoy OIL az
- Scullin Stl 1ag- 1o
l6hISegal Lock az
6hISelect Indus - 4lh
sol1 Sentry SAT Con IA
~ Shaw WAP 1.2O 70
1875 Solar Airc .1be- 12ih
loNlStd OilKy 1.40a 27B
2ZN Std Power g. Lit 2lh
3HlStarrett Corp ~
Iva Sterling Inc "a. GA
2Sh Sup Tool&D 20, 3h
5Ml Tri-Contl " W 81
l3Nl DECENTRALIZATION 2%
AAIUnited Gas Sac 1914
- Ut Lt&Rys .32e 21h
7AIUtShoeMac 21aa 56iA
5A q s Air Cond - 3W
Ms U s Foil B 90e- II
l3A U S Int Sec ;
Is Ut-IdahoSu.15e 3h
Bak war 6h
l2l1 Wright Harg .16 2N
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-08
Cotton Break Increases
Uncertainty in Textiles
Nv the Associotsd Press

NEW YORK, Feb. THE break
in raw cotton prices during the past
week caused further uncertainty in
the cotton textile market where
activity was at q low ebb.
Prices Of print cloths for nearby
delivery were slightly higher with
little goods offered. The popular
so-square print cloth sold at IS
cents a yard after dropping las low
as "a cents recently.
There was little interest in goods
for forward delivery. Buyers thought
prices might move lower and mills
were content with present orders
which extend well into the third
quarter of the year.
The Navy entered the market for
some 100000 yards of pajama
checks. That fabric is in short sup
ply, so merchants thought the Navy
might have to take 8o-square print
cloths instead.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-08
Railroad Bonds Score
Moderate Gains
AT Week Close
BY the Associated Press

NEW YORK, Feb. 7.-Ralroad
bonds, taking q tip from the stock
market, advanced today for the first
time this week.
Gains among the carriers were
fractional for the most part and .
handful failed to make the grade
at all.
Utility bonds, the only group show
ing gain for the week, also Inn
proved.
The new financing market re-
ported fairly successful week. Best
showing was made by three issues
Of railroad equipment trust certifi-
Gates and preferred stock sale by
an industrial concern.
Kaiser Frazer Sale Hurt.
Highlight Of the week, though, was
public offering Of 100000 shares Of
common stock of Kaiser Frazer
Corp, the most powerful contender
for a front place in the automobile
field.
The stock was priced to the public
at $13 share and the underwriting
group which handled the issue was
firmly committed to buy 100000
shares at $11.50. During the day Of
the Offering, when the stock market
generally tended downward, K-F
dropped as low as $1125 before rally.
ing bit. Prior to the close, how
ever, the underwriters said that 90O,-
600 shares had been placed and the
books closed. Their option to buy
ing the remaining 900, 900 shares will
expire Monday
Financial quarters heard that a
substantial number of shares was
purchased by the company at sl3
to stabilize the market. The COM
pany did not state to whom the
100000 shares were sold.
Next weeks schedule Of new
money offerings was slim but later
activity was expected to expand
rapidly.
Common Shares Lead
In January, for the first time in
months, common stocks outdistanced
bonds and preferred stocks in the
amount Of money involved, accord
ing to report by the Investment
Dealers Digest. a trade publication.
The digest said 48 new corporate
offerings totaled $346, 246,651, which
was made up Of $155, 025, 1877 in com.
mon stocks, $175,625,000 In bonds,
and $15,695, 1854 in new preferreds.
A large part of the total was made
up Of Gulf Oil Corps offering to
stockholders of 2,269,050 common
shares.
The Federal Reserve System con-
tinued to purchase United States
Government bonds in the over-the-
counter market to sustain prices.
Since December "A, when the
system lowered its support levels, it
has purchased on balance more than
81, 300, 900 900 of long term Govern
ments.
System holdings Of Government
securities declined s1.464 900 900
during the week, a record for any
similar period, but this was caused
largely by retirement Of more than
81 800 100000 Of Treasury certificates
held by the Reserve Banks and BY
sale and retirement Of Treasury
bills amounting to s4lo,000,o00
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-08

Parker Penn added 4 points at 2Sh
on a boosted extra dividend. Turn
over here was $4,000 shares versus
10000 last Saturday.
The Big Board, for the seventh
straight Monday, failed to score an
average plus sign although volume
dwindled to 10000 shares. Mon
santo Chemical skidded on new
stock financing plan. Most declines
were small.
The market resumed the retreat
Tuesday on 100000 shares, smallest
for a full stretch since January 26
which was bottom since last Sep
TENDER rs. Some profit .cashing on
the preceding weeks upswing was
in evidence. Losses OF fractions to
a point or so held a stable majority.
The nose-diye Wednesday Of all
grain futures to the daily permissible
limits touched of liquidation in
securities on an aggregate Of 1900
900 shares, largest since December
81. The average stumble Of IL points
WAS bIlC WluCSt AnoS E1PAA 4
with the overall index at low since
June 10. Speculative ardor was
cooled by a $500. 000-share offering
of Kaiser Frazer common which was
ended by a syndicate after 100000
shares were placed. The stock, on
the curb, was off IA points.
The downward move on the stock
exchange continued Thursday on
another 100000 shares as grains
displayed further weakness. Timid
bidding for a technical right-about
aided individual favorites. The
market average touched a new bot
tom since last June 10, with the
utility index at a low for the past
year. Talk of French selling OF
American issues to take advantage
of the franc devaluation was heard
The list steadied Friday on 800, 600
shares although the utilities hit
another 1947-48 low.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-08
Stocks Gain Slightly
After Sharp Drop;
Caution Rules
Asseeiats4 Press Fineneiol Write
by Victor Eubonk

NEW YORK, Feb. THE stock
market enjoyed a modest recovery
shift today after the second sharp
est weeks tumble since last May.
The biggest commodity break in
many years received the principal
blame for the recent relapse in Sc
curities. There was the feeling that
falling staples might mean that
business recession was in the off,
ing. Persistent doubts regarding
taxes, labor and international af-
fairs, including unsettlement of Eu-
ropean currencies, prompted SELL
ing from Monday on. Today's come
back was credited mainly to pro-
fessional short covering and other
bidding for a technical correction.
Most customers still held aloof or
trimmed accounts.
improvement in common and
some grain futures helped prop
sentiment in the short session al
though demand was notably timid.
Transfers for the two hours totalled
$4,000 shares against 100000 q
week ago. For the six sessions the
aggregate was 5,126,100 shares COM
pared with 4,574,6 last week, which
was q minimum since the period
ended last May 10.
Down 1.s Points on Week.
The Associated Press 60-stock
composite was up 4 of a point at
81, first advance since last Saturday,
but for the week was of 1.8 points.
This equalled the dip Of the week of
January "a which was the widest
since last May II. 1t was the broad
est short market since January 10
of 100 issues registering, 800 rose and
1872 fell.
On the day gamers Of point or
10 included Rock Island Railroad
at 324 Cat a 1947-48 high, Sperry
22H; International Paper, 40; United
States Gypsum. s5A; Douglas Air
craft, SLY; Sante Fe 80 and
YOUNGSTOWN Sheet to 70%. Else
where advances were mainly in frac-
tons.
Bonds improved selectively. At
Chicago wheat finished down 9 cents
a bushel to up Az, corn of the limit
Of 8 cents to up / and oats down
~ to up ~. Cotton was up 81
to $40 bale.
In the Curb Sterling Engine lost X
at q, a new low, after q delayed
opening following announcement
that the company proposed to file
q Federal Chandler Act petition.
winnipeg Electric was of IL
Ahead were American Light, Alum
mum of America and Cities Service.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-08

ceiverbD or being reorganzed under the Bankruptcy
Act or securities assumed by such companes Rs s
IF dividends in foregoing table are annual os,
bur sernents based the last quarterly or semannua
deciaration Unless otherwise noted, special or exa
dividends are included xEg dviden n dd,v,a.n1
Gash or stock eDeclared or paid so far this year
Payable in stock estimated cash value on * divoen1
ssts paid last year Declared paid after stock
dividend or stock spiit-up ACCUMULATED dividends
najd ar declared THIS Payable in STOCK eAact
EAR value undetermined on declaration date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-08
Chicago Grain

CHICAGO. Feb: 7sR-drains finally
managed to. put up resistance to crashing
prices on the Board Of Trade, today, al
though the May deliveries on both wheat
and corn continued weak. Oats showed
s,. relatively firm undsrtone. again acting
1t was an active market with wide
price huctuat tons, The. DISTINGUISHING
feature was the, ability Of deferred con-
tracts to- stabilize themselves at least
temporarily after the sharp break this
sure
Both March wheat and May corn were
down the daily limit at times-lo cents
for wheat and s cents for corn. At no
time did the yellow cereal show the
The country again. offered corn on Q
to-arrive basis In large amounts, al
dealers reported around 100000 bushels
eeo o edo to arrive compared with around
a. Wheat ns closed So g gents lower TO AZ hlxh-
lower lower TO l cent hiEher, May so; 1914. oats
All soy beans were offered cents lower
withou. attracting buyers, March sal "a.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-08

NEW YORK Feb 7 H1.--cotton futures
were steady to Arm today Trading was
active and dealers reported scarcity OF
offerings
Trade and commission house buying ab-
sorbed limited hedging, although some
commission house liduidstinT sales were
also apparent. The market was aided BY
belief that export sales OF cotton later
this year particularly to the Far East,
will be larger than formerly anticipated,
Dealers also were OF the opinion that
the lack OF selling was more or less due
to the fact that the market had expert
enced a fair setback and was within
strong technical position.
FutureS closed 8 to So q 4 bale hifher
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-08
CbkcaEo Cash Market.

No wheat. Corn. No. 4 yellow. 2. 0s; No.
114la Barley, mating, 2.3O-2.35 .nornl-
nal; feed $50 90. nominal. Field seed.
per hundredweight, nominal. Timothy,
5b0-6.O0; Red Top, Q.00-2O00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-08
closed 81 to $40 A bale hisher
Commodity Prices

NEW YORK, Feb THE Associated
3b commodities today declined 10 1913 as.
Previous day 1e4.97. week ago 2o2 ~,
month aso 207 90. year ago 1894. based
on 1926 as 100.
Valley frontiersman., 1948-07-24
Four Valley Men Uninjured After Airplane Crash At Black Lake

Lady Luck smiled on four Val ley men this week, and the quar- tet walked away unhurt from a plane crack-up that left the ship a total loss. The four, Leo Lucas, Clayton DeLand, Bill Roark and Pilot Erwin Long, were stranded at Black Lake for several days as a result of the Smash-up, how ever.
 The accident occurred just aft CT the take-off from a runway the group had been smoothing at Black Lake for the past week. The ship hit an air current that dropped the right wing. The plane landed in a marsh at the end of the runway and turned turtle. Only injury among the four was the cut lip sustained by MT. Long, when his face hit the wheel.
 The fuselage of the Stinson was relatively undamaged, but the wings and motor were so badly wrecked that MT. Long has writ ten off the ship as a total loss. It was not insured.
 The four first went to the lake last Weekend-Mr. Roark for a few hours fishing, and MT. De- Land and MT. Lucas to inveSti- gate the surrounding area for game. The two are planning to
Valley frontiersman., 1948-07-24

make the camp a headquarters base for fall hunts.
 Adverse winds kept the plane grounded all day Sunday and un- til late Monday afternoon. Jan Koslosky and L. c. Stock, who also flew up for some week end fishing, had difficulty in a lake take-off, but at last were success full. They reported the other party would be delayed by the winds, and also reported that they were without food, except for a few sandwiches.
 Some concern was felt on Mon- day, when weather here was still poor. MT. Stock and MT. KosloSky together with pilot Maynard En- field and Tom Lepak attempted to drop food at the camp, but the visibility was too poor to locate the site.
 Meanwhile the grounded Stin- son attempted it's ill-fated take off late Monday afternoon. When the party still had not returned to Palmer on Tuesday, friends here became alarmed. A report was circulated that a ship had been heard over the Sheep Noun tain area on Monday. Finally the Army's Tenth Rescue Squadron was notified, and they sent search ships to the area.
 They at first dropped messages
Valley frontiersman., 1948-07-24
Atoms Shove
 Valley Vegetables Out Of Ground

It's atomic power that booms those Valley spuds and cabbages to such record-breaking girths.
 At least, that's the theory of fered by the Canadian Radium & Uranium Corporation, which re- gently tested five pounds of rich Matanuska Valley top-soil. They report that the soil has a radio activity on the high side of the normal range of activities found in terrestrial materials"
 All of which boils down to the fact that the Valleys got a little more of the high-geared stuff that leveled Hiroshima, than many soils have.
 It's a nice thing to have, too, the testing technician thinks; he says he feels the radioactivity re- ported in the soil here is what accounts for it's fertility.
 The soil was sent to the labora- tory for testing by Parker Lester, local Extension Service agent.
Valley frontiersman., 1948-07-24
Job Is Halved

The double ministerial duties of Rev. w. L. Zeile of St. Johns Lutheran Church soon will end. A acting as pastor of both the Val ley church and the Anchorage Lutheran hurch, soon will end. A new minister will take up his work at the Anchorage church on the first of September. Reverend zeile has been driving between the two towns each Sunday to conduct church services.
Valley frontiersman., 1948-07-24
Unemployment Office To Close Aug. l

The Valleys Unemployment Service office is to be closed after Aug. l, Mrs. Ethel DeLand an- nounced today. She said Anchor age headquarters had notified her that there were no longer funds with which to maintain the Palmer branch office.
 After Aug. all claims for un- employment payment and for veterans self-employment must be filed in Anchorage.
Valley frontiersman., 1948-07-24

and food, but did not attempt a landing. Early on Wednesday morning, private pilot living at Snowshoe Lake flew to the camp in a two-place Aeronca. The pilot made two trips, ferrying DeLand and Roark to SnoWshoe Lake, from where they made their way home along the highway.
 The Tenth Rescue Squadron re- turned with another plane later that morning and brought MT. Long and MT. Lucas back to Pal mer.
 The men dismissed the five day weekend as uneventful. They say the fishing could have been better, but they caught enough to tire of a strictly fish diet. A herd of 1,500 caribou on the march atop the mountain be- hind the lake was the high spot in MT. Longs not-so- bright out ing. He photographed the herd of Barren Lands caribou almost in closeup. Some of the more curious animals came within 40 yards of his camera, he said.
 MT. Long will not replace his plane at present; however he does plan to purchase another within a year. This time he has plans for ship that can weather an Alaskan forced landing with out breaking up.
Valley frontiersman., 1948-07-24
Rites
 Held Friday

Funeral services for the late Mrs. James McPherson and her infant son, Michael Lee, were held at o'clock Friday in the Phillips -Mapleton Funeral Home in Anchorage. Father James Snead officiated.
 Mrs. McPherson, who lived at Sutton, suffered a heart attack last Thursday. She was rushed to the Valley Hospital where a caesarean operation was per formed in an attempt to save the life of her baby. However, both mother and son died.
 Mrs. McPherson is survived by her husband, three small chil- dren, her father and brother. She came to Alaska from Trinidad, Tex.
Valley frontiersman., 1948-07-24
Coop Board Won't Talk For Publication

The executive committee of the Matanuska Valley Farmers Co., operating Association has no statement for publication regard ing the recent visit of Director James Davis of the Division of Insular Possessions and Terri tories, a spokesman said yester- day.
 The man deplored the recent unfavorable publicity given the Co-op's problems in Anchorage papers and over press wires. He pointed out that this type of pub licity, which often is made up of erroneous statements and con- clusions, can do the organization untold harm financially, since it can damage the credit status of the Coop.
 In view of this recent publicity it was stated that the executive committee would release no in formation to the press, other than material incorporated in press releases written by the board members themselves.
Valley frontiersman., 1948-07-24
Frontiersman Delayed Dy Printers Walkout

This issue of the Valle y Frontiersman has been delayed by the walkout of printers in the plant of the Anchorage Times Publishing Co.,, where this paper is printed.
 The next issue of the Frontiers man is expected to be delayed about one week when a new crew of printers will be available at the Times plant.
Valley frontiersman., 1948-07-24
Church to Picnic

There will be a picnic at the picnic grounds at the Lutheran Church immediately following Sundays morning service, pastor w. l.. Zeile said today. Everyone attending the church service is invited to stay for the picnic.
Valley frontiersman., 1948-07-24
Chamber
 Will Study
 Incorporation

~~~~A ~O@~ ~~A~A&
 Incorporation again is to re- ceive the serious study and con- Sideration of the Valley Cham Der of Commerce, it was decided last Wednesdays luncheon meet ing. Chamber membership en- dorsed a plan to investigate costs of incorporation without a voice raised in opposition to the mo- tion.
 The subject was introduced when President Jack Maze read recent editorial from the Valley Frontiersman calling for prompt action toward organization of a municipality. He asked for an expression of Chamber wishes in the matter, at the conclusion of the editorial.
 Don Irwin recalled that there had been much talk concerning the matter in the past years. He called for an
 end to talk and for immedi- ate action on the measure. He suggested that commit
 tee be appointed to study the
 costs of incorporation in Pal
 mer, and to determine what
 the assessed valuation of
 Palmer property might be. Herbert Bryan suggested that the committee also attempt to include some long-range plan ming in it's figures, so that com munity residents might under stand what future city services will cost, as we'll as what the i'm mediate cost will be.
 MT. Irwin stated that there are Federal grants of money which might be utilized by a munich pality to help pay for some of it's services. He said he thought these grants, while available now, may not be authorized by the Federal Government for any great period of time. He therefore urged haste in any action undertaken. Rev. w. L. Zeile suggested
 that once facts are gathered,
 a public meeting be called,
 to which all property and
 home owners will be invited. At that time a definite schedule of the costs of in corporation can be presented. Then guests will be asked to
 point out their opposition to the move. MT. Maze appointed the follow ing committee to work on the compiling of factual data in this study of incorporation: w. c. Mau, Don Irwin, Mrs. Frank Brown, H. G. Bryan, Rev. w. L. zeile, c. w. Peters, him. self and Viola Daniels.
 Dr. Fred Swanson of Ju-
 neau, travelling with the mo-
 bile health unit which is now
 in Palmer, was introduced
 and asked to explain the pur-
 pose of his work. Dr. Swan
 son told Chamber members
 it was the responsibility of !
 the mobile unit to offer a
 complete health service in
 areas where there are no To-
 cal facilities available" He
Valley frontiersman., 1948-07-24
Coop Offers New Plan
 For Hospital

which the MatanuSka Valle, Farmers Cooperating Associa tion would rehabilitate the pres. ent sewer, steam and water line of the Valley Hospital were stu died at a special meeting of thu hospitals board of directors or Wednesday evening.
 In a letter addressed to
 the board, the Coop board proposed these things:
 (a) The Coop will reha-
 bilitate the water and steam
 lines leading from the main
 trunks to the hospital for s75O.
 (b) Water will be sold to
 the present units at $5 a
 month.
 Co Steam will be furnished
 on year-round monthly
 basis for S2O per unit. (This
 would make the present
 steam cost $6O a mOnth).
 (d) If steam is needed to
 heat hot water, it will be fur
 nished for an additional S15
 a month.
 (e) New sewer lines will be
 installed for a charge of $1.5O
 per unit.
 (f) If these terms are ac-
 cepted, the hospital board
 must agree to purchase the
 building and lands or to a
 lease of at least five years.
 (g) If the hospital is pur-
 chased by the board, it must
 be agreed that it will be used
 for nothing but hospital pur-
 poses.
 The board discussed the mat ter at length. Members were en. tirely agreeable to all proposals except the final one, which they felt too limiting. It was finally decided, upon the motion of Jack Maze, to accept the Coop offer with the exception of the fina clause. He suggested that the board agree, that if the hospita is purchased, there be no restric. tions on it's ultimate disposition except that the Coop be given z 30-day option to buy, in the event the building is ever offered fol sale.
 The board then adjourned te meet with members of the Co-oI executive committee, who were informed of the decision just reached. Roy Brock said he fell the hospital boards amendment might be acceptable, if it woulo be agreed that the building coulc be re-purchased by the Coop al it's present $7,5O0 sale price. Il would be understood that the Association could re. move all improvements, leaving only the present permanent plant.
 Further discussion developed the point that the Coop boarc was primarily interested in 2 five year guarantee for use o1 the steam, before beginning re- of steam lines.
 It was finally agreed that the Association would con-
 (Continue1 CT Back Page,