davidaulloa/AmericanStories huggingface dataset:
Evening star., 1949-12-25
Business Briefs
and Commodity E

Financial and Commodity Ex-
changes of the Nation will be
closed tomorrow in an extended
observance of Christmas. All mar
kets also will be closed on the
following Monday. January l., In
honor of the New Year. Stock
Exchanges will operate as usual
next Saturday, but the commodity
exchanges will be closed.
Good Business through the first
quarter of 1850 was forecast in a
survey by the National Association
of Purchasing Agents. A few pur-
chasing executives extended this
estimate to the first six months OF
the year with reservations for pos
sible effects of new domestic legis-
lation and world politics, the asso-
ciation reported.
Wholesale Price Index of the
Labor Department declined to
1910 of the 1926 average on De-
cember 20. a drop of 10 from a
week earlier, 80 below a month
earlier and $50 below a year
earlier.
Automobile Production in the
United States included $500 cars
and 20,038 trucks in the last week
VS.. 6O,903 and 1879 in the pre-
vious week and 70,467 and 1929
in the like 1948 week-Ward' S
Automotive Reports.
Midwest Stock Exchange an
nounced that all of its 400 au-
thorized memberships had been
sold, and that no seats were be-
ing offered for resale.
American President Lines an
nounced plans for early construc-
ton of four new modern passen-
ger-cargo liners. Two fast passen-
ger ships at least 500 larger
than the President Cleveland
class are being considered.
Hilton Hotels Corp. has ar
ranged with Equitable Life Assur-
ance Society of the United States
for a first mortgage loan of ST.
100000 on its Stevens Hotel at
Chicago. the worlds largest hotel
Hilton Hotels can draw on the
loan in multiples of $1,000, 900. for
the next three years and it is pay
able in II years.
General Motors Corp. reported
it's common and preferred stock
holders for the fourth 1949 quar-
ter totaled 433,878 VS.. 436,005 in
preceding quarter and 433,191 in
the same 1948 period.
Republic Steel Corp. plants at
Youngstown, Ohio, will work
straight through the holiday, but
the Ohio and Mcdonald works of
Carnegie-Illino Steel and the
Youngstown Sheet & Tube plant
curtailed weekend operations.
The National Tube Co. plant at
Lorain, Ohio. will work through
the holidays.
De Vilbiss Co. declared a divi-
dend of Is cents a common share,
payable January 20. raising 1949
declarations to 621a cents VS.. Is
cents in 1948.
Baldwin Rubber Co. declared
an extra dividend of 10 cents and
a regular quarterly of Is cents,
both payable January 26. The
company paid a like extra in each
Of three preceding quarters, but
only a scent extra in the same
1948 period.
High Voltage Engineering Corp
declared an initial dividend of SO
cents on common and preferred
stocks, payable December 20. DR..
Karl. T. Compton. corporation
chairman of the Massachusetts,
Evening star., 1949-12-25
Tin Prices Lowered Again,
Other Metals Hold Steady
BY the Associated Press

NEW YORK. Dec. 24.-Tir
prices continued downward this
week with a A-cent reduction te
78 cents a pound. But other non
ferrous metals held steady. Busi-
ness was on the quiet side. as Is
usual just before the holidays.
Copper fabricators disclosed
that their products shipped ir
November contained 108.978 tons
of copper. This was a gain OF
1850 tons over consumption the
previous month, but the total was
not as large as had been indi-
Gated by November deliveries OF
118,146 tons of new refined meta
into their plants. Fabricators
stocks climbed from 3l7.829 te
327 ,803 tons during the month
The. makers of copper and cop
per alloy products, however, re-
ported sizable gain in new busi-
ness booked during November
Their customers placed orders re-
quiring an estimated l17,232 tons
of refined copper. against October
new orders needing 101 ,467 tons
Lead ordering was slow, but
adequate to hold the price at II
cents a pound, New York. Zinc
was fairly active at 934 cents a
pound. East ST. Louis, for prime
Western grade.
Manufacturers of automobile
replacement batteries-big con-
sumers Of lead-shipped about
2,129, 900 units in November, Dun
& Bradstreet reported. against
2,541 900 in the same month last
year. Shipments in October also
had fallen well below the year.
ago figure.
Evening star., 1949-12-25
Railroad Bonds Set
New Highs in Week.;
Utilities Lower
By n. c. Johnson
Associated Pres, Mork.t Writer

Associated Press Market Writer
NEW YORK, Dec. 24.-Railroac
bonds hit three new 1949 highs or
average this week even if the
three-week price climb was tenn
porarily stemmed.
After II straight sessions o1
price increases little proflt-tak-
ing Wednesday was sufficient tt
stop the rally dead in it's tracks
Thursdays performance was in
decisive, but the rail market closeo
with a bang Friday on a new
burst of demand.
The last new 1949 peak of the
week came Friday when the Asso-
ciated Press average of 20 rails
closed at 93.5. highest it had beer
since June ID, 1948.' During five
days of trading rails established q
net gain Of 0.3 of point.
The usually buoyant utilities
reflected some price weakness
during the period, however. clos
ing at 1850. a loss of 0.3. Indus
trials had a flye-day gain of 0.2
at 1925 and low yield bonds were
up the same percentage at 1928
Higher Yields Sought.
Some bond men contend, also
the higher prices are the result
of increasing demand for bonds
with higher yields. Because the
supply of high-coupon utility and
industrial bonds steadily is dwind-
ling. they say, more and more
buyers are working up an interest
in rails.
With the market closed Satur-
day. not to reopen until next
Tuesday. volume for the five days
was 1,062,2 200. par value. COM
pared with the 1949 high OF
$24.958, 600 in the previous six-day
week.
United States Treasury bonds
performed irrexrlarly during the
week and most issues closed about
on the levels at which they
started.
The week between Christmas
and the New Year finds corporate
and municipal financing cut to
the bone.
The only corporate issue slated
for sale next week. is Peoria &,
Pekin Union Railways $2,500,00O
issue of first mortgage bonds
Bids will be opened Wednesday.
Municipal Offerings Smaller.
According to Daily Bond
Buyer" the coming weeks total
of municipal. county and State
offerings is $21 .974, 900, compared
with s108, ,293.O0O this week. OF
the total. $13,525, 900 is in tenn
porary loan notes and the re-
mainder in bonds.
Local housing authorities in
Massachusetts, will do most of the
note financing Wednesday. Low
ell is selling $2,900.000 Of notes,
Cambridge, $2,860,000; Worces-
ter. $2.75o.000; Fall River, ST.
10000; Salem. $1.330.000; West
Springfield. $785.000 and Nor
wood, $750,000.
Only major bond issue on the
list is Oregon's 100000 of Vet
erans Welfare Bonds, up for sale
Wednesday.
The amount Of unsold recent
tax exempt issues still in dealers
hands took another big jump
during the week. The publica-
ton blue list said inventories
amounted to $3.50. .909.00 at the
close Of business Friday, COM
pared with $153,5 500 900 last week.
Evening star., 1949-12-25

New York, New Haven & Hart
ford Railroad earned $3.50, ,489 in
II months ended November 80 VS..
$4.967, IA q year earlier.
Joy Mfg. Co. profit for the year
ended September 30 was $780,
813 or $4.4l VS.. $6,958, ,925 or 1914
In the same 1948 period.
Gibson Refrigerator Co. earned
$1.121,8 1924 or $1.87 In the year
ended September 80 VS.. $3,766,884
or 1927 in the previous year.
Evening star., 1949-12-25
CURB SUMMARY

FURNISHED by the Associated Press.)
A selected list Of active stocks on the
New York Curb Exchange, showing the
high, low and closing price for the week,
and the net change from the previous
weekbs rI0se
Evening star., 1949-12-25
BOND SUMMARY

Furnished BY the Associated Press.)
A selected list Of active bonds on the
New York Stock Exchange. showing the
high, low and closing price for the week,
and the net change from the previous
weeks close.
ctncLncd Net
Evening star., 1949-12-25
Investing Companies

NEW YORK, Dec. "a R.-National As.
scciation Of Security Dealers. Inc. FRI
days closing prices:
Evening star., 1949-12-25

B. r. Goodrich Co. elected
Raphael q. Jeter secretary to Sue
ceed Willis r. Avery, who will re-
tire. Mr.. Jeter Is general counsel.
Evening star., 1949-12-25
Over-the-Counter Market.

The following bid and asked quotations
on Washington securities traded over the
counter represent prices at which one or
Association Of Securities Dealers, Inc,
would trade with the general public At the
time the quotations were assembled for
Evening star., 1949-12-25
Washington Stock Exchange

(Report Compiled BY Exchange OmcalsD
N WASHINGTON STOCK EXCHANGE FOR YEAR 1e49 UP T
INCLUDING FRIDAY, DECEMBER 23
Evening star., 1949-12-25

Wright Harg .15g lH1 1Hk 1Yh - Ns
Rates OF dividends In the foregoing
table are annual disbursements based on
the last quarterly or semi-annual declara-
ton Unless otherwise noted, special or
extra dividends are not included
xd Ex dividend. xr TX rights. cid Called.
pt pd Part paid. ur Under rule. war War
warrants. = Also extra or extras. b Plus
stock dividend. dCash or stock. 9 Paid
last year fPayable In stock estima mated
ciared OF paid 80 far this .year. b Declared
or paid .fter stock dividend o. split-up.
DECLARED Or pa,d this 'n;aya' aysaa.' e \, :csumn-
3 Paid this year, dividend Omitted. deferred
or no action taken ct last divdisnd meet
Liquidating dividend. Payable In stock.
exact cash value undetermined en dscla-
ration date.
Evening star., 1949-12-25

.Pus extra or extras. tPaid so far this year.
Evening star., 1949-12-25
BONDS

TRANSACTIONS ON
Evening star., 1949-08-22
By the Associated Press


CLEVELAND, Aug. 22.-The
American League pennant race
is just beginning to tighten up
and the Boston Red Sox still
are the team to beat.
So says Manager Lou Bou-
dreau of Cleveland's third
place Indians, who returned
home today to launch their
fourth and final Cleveland
stand against Eastern opposi-
ton. The Tribe trails the pace
setting Yankees by five games
and is 21a notches behind
second-spot Boston.
This race isn't going to be
any different than last years."
Boudreau declared, following a
split twin bill with the White
Sox at Chicago yesterday. After
a 5-4 loss, Cleveland bounced
back for a. IA win to gain a
half-game on New York.
Boston has power, plus i'm
proved pitching" asserted
Boudreau. That's tough
combination.
"The Yankees still are the
Yankees, and you never can
sell them short. Despite this,
I'm sticking to the same things
I said after spring training.
Boston is the team we have to
beat.
Evening star., 1949-08-22
Pills Fans Bombord Umpires,
Game Is Forfeited to Giants

there's nothing we can DO ABOUT
it. We can't protest that decision
to anybody
Umpires Are Struck.
Barlick and the third umpire,
Lee Ballanfant. were struck by
flying objects. A tomato smashed
into Barlick's back as he stood at
home plate giving the forfeit sig
nal. Ballanfant was hit by a pear
and a bottle.
"We're both okay." said Barlick.
"No harm DONE"
Police arrested two persons on
disorderly conduct charges.
The Phils were involved in an
other forfeited game on June 6,
1897. This contest cost Joe Med
wick of the st. Louis Cardinals
the National League home run
title.
The jumps gave the cards 90
forfeit victory because the Phils
were stalling. The game went
only three innings so all hitting
and fielding records. were wiped
out. Medwieks had hit a homer
in the game. He ended the season
with 81 four-baggers to tie the
Giants Mel OFT.
The rules specifically state that
team and individual records count
after four -and-a-half innings of
play but no pitcher can be charged
with a loss or credited with a win.
Why the 80 score? It indi-
Gates one run an inning, but is a
hypothetical scoring since no in
dividual gets credit for the runs.
Forfeits today are a rarity. But
back in the 1900's they occurred
now and then, mostly because of
the crowds flocking on the field.
In those days overflow crowds
were less restricted with fans usu-
ally stationed behind ropes in the
outfield.
Evening star., 1949-08-22
Tribe, Yonks, Bosox to Battle
ToWire Again, Boudreou Says

MY team isn't out OF this
race by a long shot. And I
wouldn't be surprised if all
three teams go right down to
the wire neck and neck, as we
did a year ago."
In gaining a 2-1 series edge
against the White Sox, Bou-
dreau master minded to the
extent of using eight pitchers.
He finished up each time with
veteran AL Benton, for whom
it was all just lending a help
ing hand. Mike Garcia won
last Friday nights game, Steve
Gromek lost yesterdays opener
and Early Wynn gained his
10th triumph in the finale.
Benton now is the second
busiest member Of Cleveland's
mound staff. AL has worked in
20 games, three fewer than
Garcia.
Evening star., 1949-08-22
AAU,SWln Meet Ruled
ByzoeA Ann, Hawaiians
BY the Assoeioisd Press

SAN ANTONIO, Aug. 22.-Pretty
Zoe Ann Olsen had her 14th ma
tional championship for her hope
chest today and Hawaii could brag
of almost complete domino tion OF
the women's AAU swimming meet.
Zoe Ann. who will wed football
star Jack Jensen next month,
came back from a nasty tumble
yesterday to win her 18th title
the 3-meter springboard. She
piled up 1876 points by using
five of the most difficult tricks in
the book for optional dives.
Hawaii's bronzed swimmers won
six championships, flock of Sec
onds. thirds and fourths and the
team trophy with 48 points.
Miss Olsen. 18-year-old Oakland
(Califo Olympics star. skidded on
the slippery springboard as she
started a -somersault. She
landed on her back and slid of
the board.
After dabbing away a few tears
she went right back and executed
the dive. It netted 46.2 points.
Her next three optionals were
beauties and the last-a running,
full twisting forward 1h-somer-
sault-was near perfection.
It was Zoe AIMS second success
full defense of a championship in
as many days. Saturday she again
won the 1-meter springboard
event.
Bette Jane Roland, represent
ing the Takoma Swimming Club
of Washington, D. c., finished
sixth in the 110-yard breaststroke
final with a time Of minute 80
seconds. The event was won by
Carol Pence of Lafayette. Ind.
Evening star., 1949-08-22
= ia - "-ti
Leaders
By the Assoeiofed Press


Batting - Williams, Boston, 1857;
Kell. Detroit, .346.
Runs-Williams, Boston, 121; Joost,
Philadelphia, 10S.
Runs batted in-Stephens, Boston,
1876: Williams, Boston, 1872.
Hits-Williams, Boston. 1874; Mitch
ell, Cleveland, 152.
Doubles - Kell, Detroit, 33: VII.
liams, Boston, 81.
Triples - Mitchell, Cleveland, 10,
Dillinger. st. Louis, 12.
Home runs-stephens. Boston, s1'
Williams, Boston, 80.
stolen In,uta bases N:z yalSss XdlsSss Philadelphia.
Pitching-Reynolds, New York, 1913
t.S00l; Wynn. Cleveland, 10-3 t.76Sl.
NeS5ouseq, si5asseq'S Detroit. ios oe'r' iS4'
slaughter, St. Louis, .325.
inson. Brooklyn, So.
-. Runs ns. Isttsd i%nasoSinsonns; % Brook.
THOMSON IONS New York, l5s. s '
Doubies-Ennis, Philadelphia; Rob-
inson, Brooklyn, and Musial, st. Louis.
Triples-Robinson, Brooklyn, 8; six
Diis Home 'rn ransMkiner, k Pittsburgh. "a:
Gordon New York, and sauer. Chi
Stolen bases-Robinson, Brooklyn.
2S; Reese, Brooklyn, 20.
{:5sS} {:zsS}; Chambers PITTSBURGH 90
Strikeouts - SPAIN. Boston. los:
Newcombe, Brooklyn, 80.
Evening star., 1949-08-22
ZerniuI's Bat Mark
Falls in Comeback
By fhe Assoeioted Press

CHICAGO. Aug. 22.-The re-
turn of Gus Zernial to regular
duty in the Chicago White Sox
lineup yesterday cost the rookie
outfielder 14-point plunge in
his batting average.
Zernial, inactive as a regular
since he fractured his right
collarbone in Cleveland May
%, started at his old position
in left field for the White Sox
in both ends of yesterdays
doubleheader against Cleve-
land. t....
Gus was hitless during three
trips to the plate in each game
and his batting average
dropped from .358 to .344. The
Hollywood graduate was a
strikeout victim three times In
the two games.
Evening star., 1949-08-22
By the Associated Press

PHILADELPHIA, Aug. o.
The Philadelphia Phillies lost a
game to the New York Giants
yesterday because their fans got
mad at the umpire.
A 15-minute barrage Of pop
bottles, overripe fruit and wads
of paper forced Umpire Al Bar
lick to give the Giants 80 for
felt victory in the nightcap OF a
Shibe Park doubleheader. He
said he did it "for the good of
the people, baseball and the play
ers."
1t was the first major league
forfeit since September 81. 1912.
That contest. too, involved the
Giants. The New Workers were
playing the Boston Braves when
a horde of youngsters swarmed
on the field.
The Phils had won the opener,
40, to stretch their win streak to
SIX straight. But the fans ended
the string in the ninth inning Of
the second game. At the time the
Giants were ahead, Al.
*The ire of the Phil rooters-
1912 strong-was directed at
Umpire George Barr. Barlick,
umpire n-chief since he was off,
ciating behind the plate, merely
called the forfeit. He acted un-
I der National League rule which
says a game may be declared for
feited If the field is not cleared
within is minutes after start OF
a rhubarb.
Barr, umpiring at second, made
the disputed decision that turned
loose the fury of the fans. He
called "a hit" what the Phils and
the fans insisted was an out.
Ruled "No Catch"
The Giants Joe La Fata lashed
long fly which Outflelder Richie
Ashburn claimed was caught 8
inches from the ground. Barr
said it was mo CATCH" The blow
scored Willard Marshall from
third.
Ashburn slammed his glove to
the ground. He stormed in at
Barr. Other Phil players Joined
the argument.
Barr just turned his back-the
decision stuck.
Then the pop bottles began to
fly, together with jeering shouts of
"kill the umpire"
Barlick told Phil Manager Eddie
Sawyer to clear the field for re-
sumption of play. But efforts to
quiet the fans and halt the bottle
barrage proved fruitless. So Bar
lick called the forefeit.
/ "I had to think of the safety of
every one," Barlick said. "And
that means fans who were sitting
in the lower stands and were in
danger of being struck by pop
bottles, fruit and other missiles
Delng thrown from the upper
stands.
"There just was nothing else to
do" He added that the Phils
management twas not at fault. +"
Sawyer was angry. He said 1t
was q stupid decision by the
umpire"
Barr insisted, however, he had
not been wrong.
| "Ashburn never caught that
ball." Barr said. "Of course, that's
the way I saw it.. It's matter of
judgement and I guess I'm entitled
to my decision"
Sawyer tossed aside reports that
the Phils would protest.
1.-THE umpires are boss on the
field" Sawyer pointed out, so
Evening star., 1949-08-22
Mack Looks 10 Better
Days in Philadelphia
Than New York Gave
BY the Assoeioted Press

NEW YORK, Aug. 22.-Octo-
genarian Connie Mack, still BEAM
ing over my greatest day in base
ball." is looking forward to more
glorious ones "in the next few
years" with his Philadelphia Ath-
letics.
The 86-year-old manager of the
Athletics, honored at Yankee Sta
dium yesterday with a special
Connie Mack Day." told the
64,323 fans that he expects to
give Philadelphia another pen
nant in the next few years.
"This has been the happiest day
Of my life," Connie told the near
capacity crowd. II wish to thank
the New York Yankee organiza-
ton and the baseball fans of New
York for making this a great day
for me. I expect in the next few
years to have more great days iu
Philadelphia" E&@
''Mr. Mack" with II American,
League championships behind
him, is convinced he has another
pennant winner in the making
He is equally certain he will be
leading it to the flag.
Mack, in his 50th year as man
ager of the Athletics, says he has
no intention OF quitting.
Connie probably never viii for
get the tremendous reception he
was given at the stadium. It must
have warmed his heart to see once
again such former favorites in
White Elephant uniforms as Lefty
Grove, Home Run Baker, Jimmy
Foxx, Bing Miller, Camera-Eye
Max Bishop, Mule Haas. Mickey
Cochrane and Jack Barry.
The eight, along with his son
Earle and Al Simmons. another of
his coaches. took part in an old
timers game against team Of
Yankee old-timers.
Before addressing the throng,
Connie was presented with a
plaque by League President Will
Harridge for his so years as an
American League manager.
Baker. who along with Barry
formed half of Comics 500, 600
inf1eld in pre-World War I days,
was the oldest player on the field.
Baker is 81. but he showed the
fans some Of the stuff that vowed
grandpaw. The other members of
that historic inf1eld were Second
Baseman Eddie Collins and First
Baseman Stuffy McInnis.
The Athletics oldtimers lost the
two-inning game to the Yankee
stars Of yesteryear, 80. The
Yanks were composed of present.
day Coaches Frank Crosetti and
Bill Dickey plus Ben Chapman
George Selkirk. Bob Meusel, Marx
Koenig, Wally Pipp. Jumping Joe
|Dugan and Lefty Gomez.
Evening star., 1949-08-22
Cardinals Stung by Back|ash From Dickson Sale
Bucs' Righthonder Beats
Former Club Fourth Time

Pete Reiser, whom the Brooks
traded to Boston last winter.
scored three of the winners runs
and knocked in two with a single
and home run. Don Newcombe.
who has yet to beat Boston.
dropped his sixth decision. He has
won IL.
The Boston Red Sox closed in
on the American League-leading
New York Yankees. cutting their
first-place margin to 212 games
by walloping Washington. 40.
Philadelphia helped the Red Sox
by downing the Yankees. 81.
Lefty Lou Brissie and First
Baseman Ferris Fain helped cele-
brate Connie Mack Day" at YAM
kee Stadium by leading the AS to
their only win over the Yankees
in the three-game set. Brissie
went the route for his 18th vic
tory. Fain drove in six runs with
a double and grand slam homer.
The latter came of Joe Page. who
was charged with the loss.
Third-place Cleveland split a
double header with the White Sox
in Chicago. The Indians came
from behind to win the second
game. IA, after Chicago had won
the opener, 5-4. Larry Dolby fea-
tured a six-run fifth inning with
his 10Th homer. 1t came with
two aboard. After chasing Bob
Feller with a four-run first in
ming, the Sox had to break 4-4
tie in the seventh Of the opener.
Don Wheeler singled home Floyd
Baker with the winning run.
Browns, Tigers Divide.
St. Louis moved out of eighth
place by splitting twin bill wSh
Detroit. Les Moss two-run
pinch single in the eighth beat
the Tigers, AZ, in the first game.
Home runs by Vic Wertz, Pat
Mullin and Paul Campbell won
the second game for Detroit. 81.
Fred Hutchison, in relief, won his
18th game, his eighth in Sue
ceSSion.
The Philadelphia Phils divided
a double header with the New
York Giants. Kenny Heintzel-
man blanked Leo Durocher's crew,
40, for the Phils in the opener.
The second game was forfeited to
the Giants by Umpire AL Barlick
in the ninth inning when the
Philadelphia customers rained pop
bottles and other missiles on the
field in protest over decision by
Umpire George Barr.
Barr had ruled that Philly Out
filder Richie Ashburn had trapped
q drive off the bat of Joe Lafata.
Ashburn argued that he caught
it. The Giants were in front at
the time. AZ.
Cincinnati came back to get q
split in its twin bin with Chicago,
winning the second game. Al.
after the Cubs had won the
opener, 5-4. Ken Raffensnerger
won his 18th game in the after
piece, Warren Hacker posted his
fifth win for the Cubs in the
opener,
Evening star., 1949-08-22
Injured Knee CortiIoge
DELAYS Hoqun's Return
BY the Assoeiofsd Press

FORT WORTH, Tex, Aug. %.
A torn knee cartilage-one that
eventually will require an opera
tion-probably will further delay
Ben Hogan's return to competi-
tive golf.
The condition, which Hogan sus-
pected and DR.. Alton OSchner
confirmed during a New Orleans
checkup last week, is another Of
the minor ailments that have
developed in the wake of the little
golfers near-fatal automobile ac-
cident last February 2 that hos
pitalized him for SO days.
Evening star., 1949-08-22
Red Sox Lose Goodman

Boston's pennant prospects re-
ceived jolt yesterday when Bill
Goodman, Red Sox first baseman,
returned to Boston from Washing
ton for treatment Of a leg infec-
ton. A .291 batter, Goodman will
be replaced by light-hitting Billy
Hitchcock,