davidaulloa/AmericanStories huggingface dataset:
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
Birthday Of Reno
Bergeron Marked By
PurtY On Friday

Mrs. o. A. Bergeron entertained
in her home on Friday afternoon,
May 20, in honor of her daugh-
ter, Rena, who celebrated her
thirteenth birthday.
Games we're enjoyed during
the afternoon with Nita Harper
the winner of the prize. The pref
tily decorated birthday cake was
served with refreshments to the
group of close friends who en-
joyed this occasion with the hon.
Gree.
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
IN THE cHANcERY COURT OF
JACKSON COUNTY. MISSISSIPPI
ne IN JAS


In the Matter of the Valuation of
$50. 10000 CThirty Thousand Dollars)
of Parks and Fairgrounds Bonds of
the City of Pascagoula. Jackson Coun-
ty. Miss.
To the Tax Payers of the City of
Pascagoula. of Jackson County. Mis-
sissippi:
NOTICE
You are hereby notified that the
matter of the Valuation of the above
mentioned Bonds will come on for
hearing before the Chancellor at the
Court House OF Jackson County. Mis-
sissippi. on the 9Th day of June. 1919
on or before which date. objections
II any. must be filed.
N. c. EVERETT
Chancery Clerk of
Jackson County.
BY Z. N. GALLOWAY. ID. c.
ct 5-2e. &c
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
By: J. F. Grubbs
Dg . - +. uDDA
To The People of Pascagoula,


To The People of Pascagoula,
Miss.
For some time, | have intend
ed to express to you my sincere
thanks and appreciation for the
kindness shown me while serv-
ing as your Desk Sergeant and
Police Court Clerk. | was allowed
to serve as such from February
II, 1914 to June /, 1913. Having
become unable on account of bad
health il was necessary for me to
enter Mississippi State Tubercu-
losis Sanatorium on July II, 1948.
The people of the City of Pas
cagoula have been most kind to
me in allowing me as a stranger
to hold a place of public trust
among them and for them, and
for such deeds of kindness that
you have shown me | assure you
that my love and appreciation for
same will forever live and be
bound to you in lasting gratitude.
| hope to see the dav come when
| can be finally discharged from
this hospital. II and when | do,
| fully intend to visit that fair
CITY and its people by the seaside
with a Hello" to the Ferrers,
Delmas, Krebs, Gautiers, Pei
hams, and many others too nu-
merous to name, and in closing
let me say.
For the kindness that's been
shown, I will pass it on. 1t was
not meant for me alone. pass it
on. Let il travel down the years.
Let ii wipe anothers tears. Until
in Heaven the deed appears. Pass
II on.
Most respectfully.
J. FRANK GRUBBS.
% 1t q 5-27
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
Mrs. Marvin Dean
Hostess To Lucy
Wright Circle

The Lucy Wright circle of the
Woman's Missionary Society of
Calvary Baptist church met Tues
day at 1880 p. m. with Mrs. Mar
vim Dean as hostess at her home
in Eastlawn
The meeting was presided over
by Mrs. Oliver Shepherd, the
chairman and Mrs. Grover Gait
led a circle program.
The devotional was given by
Mrs. Wallace Harrell.
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
LEGAL NOTICES
NONRESIDENT T

NO 10.745
THE STATE OF MISSISSIPPI
To Clifford II. Ball.
1924 Northeast Miami Court.
Miami, Florida.
You are summoned to appear before
the Chancery Court of the County of
Jackson in said State. on the Fourth
Monday of June A. d.. 1949. to defend
suit No. 1918 in said Court of Chris
tine b. Ball. Wherein you are a de-
PENDANT. and wherein Complainant
seeks Decree of Divorce as fully sci
u in bill on file.
This oath day of May. A. D, 1919.
N. c. EVERETT
Clerk. chancery Court.
Jackson County, Mississippi.
BY f. M. GALLOWAY, ID. c.
Is f A II st 5-27. 6-3. &c
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
ADVERTISEMENT FOR BID

Notice Is hereby given that the
Board of Supervisors of Jackson Coun-
ty. Mississippi will receive sealed bids
until IL 90 a. m. Tuesday. June Z for
the furnishing to the County for use
at the Fair Ground.
Eight Thousand 10000 barrels of
oyster shells. or reef shells or clam
shells. Prices to be delivered at Fair
Ground or dock side.
Given under my hand and seal this
the II day of May. 1919.
N. c. EVERETT
Clerk of Board of Supervisors
IS r A Il st 500. 81. e.
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
NONRESIDENT NOTICE

THE STATE OF MISSISSIPPI
TO Lois Dean Steele Odom.
1868 Folsom Avenue,
Hayward. California
You are summoned 10 appear before
the Chancery Court of the County of
Jackson in said State. on the Fourth
Monday of June, A. D.. 1919. to defend
lut No. l0.747 in said Court of VIII
liam Carson Odom. Wherein YOU are
Defendant. and wherein Complainant
seeks Decree of Divorce and Custody
of minor child as fully set out in bill
on file.
This the 25th day of May. A. d, 1919.
N. c. EVERETT.
Clerk. Chancery Court.
Jackson County. Mississippi.
BY E. M. GALLOWAY. ID. c.
IS E a II st 5-27, 6-3. 10
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27

For a bitter-sweet fudge sauce
chocolate pieces over hot water,
add three tablespoons Of boiling
water and blend well. Then add
a quarter cup Of light cream and
blend in well again. This sauce
may be served over plain white
cup cakes with the addition OF
ice cream or whipped cream, II
you like.
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
PROJECT BRINGS O

JOHANNESBURG (AP) -
Eleven years ago o. j. Becker, a
johannesburg journalist, bought
a farm on the vaal river, 40 miles
from here for $500 pounds
($300. 000). He has just sold ii for
$4,000 pounds. Reason: the dis
covery Of coal and the decision Of
a big johannesburg mining COM
pany to erect a $4,000, 900 pound
plant for making oil from coal.
A large portion of Bekker's farm
will also be used to erect a town
ship to house 10000 Europeans
and 10000 Africans within the
next five y%ears-but he viii still
his original farmhouse.
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
Tanner Lumber and
Supply Company

Phone Bus. ll04-J. Res. 1871
446 Lake Ave. Pascagoula. Miss.
% be s-zI
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27

We wish to express our .appre-
citation to our relatives and
friends for the kindness shown
during the sad occasion of my
son and our brothers death. Also
thanks for the lovely flowers.
Special thanks for the coopera-
ton of the Veterans of World
Wars One and Two. Rev. A. w.
Crump, Rev. J. B. Campbell, Rev.
Burns, and Arnold's Funeral
Home.
MI. Peter Lewis, Father
Sisters and Brothers.
20 1t d 5-27
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
CARDS OF THANKS

We would like to express
thanks to III many friends and
relations for the kindness shown
US during the illness and death
of our loving brother and uncle.
Sylvester A. Krebs. Special
thanks to the American Legion,
Drs. McIlwain and Weatherford,
nurses at Jackson County hos
pital, Fathers Carey and johnson.
Fails Funeral Home.
Sister, Mrs. w. D. Eiland,
Brothers, Sidione E. and Leon
E. Krebs, Nieces and Nephews
% 1t D 5-27
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27

late this week, according to Jus
tice Denny.
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
20 N TO BUY

FOR SALE
CrosleY Car
with Radio. Low mileage. new
motor hlock-excellent condition
CHEAP
Phone s56 - Pascaqouia
26 If be Al
l941 FORD IL Ton Pickup truck
new paint job, runs good and
looks good, $495. 90. Phone 38O-M.
26 1t p 5-27
l941 BUICK = Good condition.
good tires, no reasonable Offer re-
fused, owner leaving town. 203
So. Canty Street. 26 1t D 5-27
CHEVROLET TRUCK 4 new
tires, extra motor, $500. Char
les Shaw, Z miles North of Es4
catawpa, Highway So.
&c 1t p 5-27
GOOD MODEL A-Ford coupe
with pickup body. Can be seen
at I'll E. Convent St, City.
rs 1t p 5-27
l94l CHEVROLET-2-door sedan
good condition. phone 81.
26 ct p sgt
l948 SPECIAL DELUxE-2-do =
Plymouth, $4,000 miles, radio.
seat covers, under coating. Call
after $50 p. m., phone 497l, sos
End Street, Moss Point. Miss.
rs 2t p 5-27
Al OLDSMOBILE Excellent
condition. A good buy. cheap. See
at 112 John st. 26 ct d 5-27
81 BOATS. ACCESSORIES 81
81 FIT. SHRIMP BOAT-"Lady
Luck, see at Pelhams and make
me a price. Paul T. Fry, Chron-
icle-Star Office. ~ oh Ais
SMALL HOUSE BOAT-For sale
can be seen at Rogers Machine
Shop, Moss Point, phone 1895.
81 st be SIS
IS SHRIMP BOAT-25 h. p. Uni
versal Marine engine, 2 nets, good
condition. Norman Palmer, Moss
Point, phone 5587. 81 ct p $40
MODEL A Ford motor, shaft and
wheel; Willis motor. Both in fair
shape. BIO Griffen Road, Moss
Point, Miss. 81 ct p $50
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27
WANTED

Green |" and 2" Pine Lumber,
Pine Saw logs and standing
timber.
The Chronicle-star combined with the Moss Point advertiser., 1949-05-27

ONE 152 Ga Butane gas tank
with gauge and regulator for sale
cheap, also electric washing ma
chine in good condition. l174 Ken
meth Avenue, phone l4l2-M, M.
E. McRae. % ct p 5-27
Evening star., 1949-07-29
Stock Market Drifts
Moderately Lower
For Second Day
By the Associated Press

NEW YORK. July 29.-For the
second day in row the stock
market settled into lower price
territory.
Losses were small - mostly
minor fractions-and due more
to skimpy demand rather than
aggressive selling. Numerous stocks
remained at Thursdays closing
levels and a handful moved up
for modest gains.
Wall Street quarters reported
that many brokers and their
clients had started the week end
early to get away from another
|blistering hot day. Turnover was
at the sloWest rate in more than
IA week.
Bethlehem Steel's record earn
ings for the first half. announced
after the close yesterday. pro-
duced no visible effect on the
price trend. Bethlehem lost "a
point or so while other steel COM
pany stocks showed little if any
variation.
Traders may have paid more
attention to the comment on
business prospects by Eugene G.
Grace, Bethlehem chairman, than
to the company's fat profits. Mr..
Grace said he was mot optimis-
tic" about the immediate outlook.
Lower prices were paid for Cen
eral Motors, Chrysler, United
States Rubber. Montgomery Ward,
J. I. Case, Consolidated Natural
Gas, Kennecott Copper, American
Can, Dow Chemical, Allied Chem
ical. Radio Corp. international
Paper, New York Central, South
ern Pacific. Nickel Plate and
Standard Oil of New Jersey.
Among the steadier spots we're
Goodyear. Woolworth. Caterpillar
Tractor, Douglas Aircraft, Com
monWealth Edison, Air Reduction
American Tobacco. American Air.
lines and United Air Lines.
Corporate bonds moved mar
rowly. Several United States
Government issues tended down
ward in over-the-counter dealings
Evening star., 1949-07-29
Reserve Officers Face
Seapower.Airpower Fight
ey the Assoejofed Press

GRAND RAPIDS, Mich, July
29.-Seapower strategists squared
of today for a verbal battle with
advocates of airpowel.
The old quarrel over airpoWer
VS.. seapower came up at the an
nual convention of the Reserve
officers Association. 1t was set
off by a resolution criticizing the
Joint Chiefs of Staff for scrapping
a $100,000.000 supercarrier for
the Navy.
Delegates representing 1000
Naval Reserve officers authorized
the resolution.
Air Force delegates. led by Col.
William H. Neblett, an association
past president, are expected to OBJ
,ect to the resolution.
Some observers even fear the
quarrel could result in a split
among the reservist groups. The
association only a year ago won
the right to speak for the 1000
reservists of all military arms.
The Navy resolution specifically
objects to the precedent set in
stopping work on the super
carrier. Navy men say it is wrong
to give chiefs of other services the
right to veto weapons proposed
by the Navy.
Evening star., 1949-07-29
Charles Chaplin, Jr., Held
On Drunkenness Churoe
BY the Associated Press

WOOD, July 90
Charles Chaplin, jr., 24-year-old
son of the comedian, was arrested
early today in front of Gambler
Mickey Cohen's Cafe Continentale
on a drunkenness charge.
officers at the Hollywood sher-
ifs substation said young Chap
lin was creating a disturbance out
side the cafe.
He created another disturbance
at the substation, the officers
added, when news photographers
tried to take his picture.
Young Chaplin, son of the movie
comedian by his first wife. Lita
Grey Chaplin, was arrested in
January. 1948. on a similar charge
after q minor automobile accident.
He drew q $50 fine and Today
suspended sentence at that time.
Evening star., 1949-07-29
Chicago Livestock

CHICAGO, July 20 0l tusDA,.-salable
hogs, 5000; active, $3.50, mostly. SO
higher on all hogs; trade uneven and in
stances UP more; top. 1925; most good
and choice 1S0-240 pounds, % 1923 90;
250-2S0 pounds, 21.50-22.50; few 300
325 pounds, 2O.OO-2O.25; around 400
pounds wsishts. 1850: seoa and - choice
choice under 300 pounds, 20.25; 35U-375
pounds, 1S.00-19.00; 375-400 pounds.
17.00-1S.25; 400.450 pounds, 16.00-17 rs;
few heavier weight sows as low as 1900
for odd head over 800 pounds; good clear
ance.
salable cattle-1.00 salable calves.
800; slaushter steers and heifers slow,
about steady; other slaushter classes
mostly unchanged; few loads medium to
good slaughter steers and heifers, 20 90
1928; latter price for load around 900
pounds mixed yearlinss; common to
medium steers and heifers mostly around,
1S00-22. SO; common and medium beef
cows, 15.OO-17.0O; few good cows, 1900
1900; Gamers and cutters, 115O-l5.00:
bulls and vealers. 1000 and $500 down
respectively.
Saleable sheep-3OO; all classes steady
with week end advance: no loads offered;
lambs selling at % .50-2 25.0 90; latter price
top: Common to good ewes at 1909 SO:
few big weight ewes below $50; no
yearling wethers offered.
Evening star., 1949-07-29
Produce Markets

Baltimore quotations furnished by the
ona1ed STATES Departme4t d OF Agricutqre
baskets u. S. is, few nc, no Grade marx. Mary Mary
land; land; New Jersey, Pennsylvania and West
800; Stars, c-inch hui up. zoo: Ma2yland r; and
s2o5ushi 9an t. hampers no Rambos' no size or
Potatoes: Market dull; trsding light;
Ioop pound sacks, u S. No. / and q. S.
No. l Size A, Cobblers, unwashed, Eastern
6 s No is, go; Nss very 'efses fes hser m9ssr;
showing decay, 1OO-2 90; Katahdins.
:; 2;on.'o; Pennsylvania, 250-75; 50-pound
30-32 cents: Delaware Katahdins, 800;
oo-pound sacks. 1.55.
Sweet potatoes-supplies insufficient to
quote.
Snap Bean Quotations.
ssesey sey. on Others MARYLAND, various eo1
ennes 5e few s'hsfess sh as ssek poorer oas
sr: l,4o-1 so. bushel baskets. fair to
SsS. ISsS SSiS
sushel hampers, MARYLAND, few best 400
70 seneTal!2 good quality. 80 soos.5o ses' near aa
Pennsylvania. bushels, topped. 1'5o-i- Is.
mdsF'Y BFG'c0l few psinRSsylvania' rs crates S.
csrrots-Topped, washed. New Jersey.
5o,pou2d : s6s na sacks and bushel baskets.
Poultry Quotations. =. =,
Poultry-Market firm on fryers; barely
steady on others; receipts light trading
light; fryers. 3-3A pounds. 81 -33; few
hikher; broilers. supplies insufficient to
quote; fowl (colored). 2o-27; lightweights
Leghorns), few 1919.
Grain Market.
Flour Receipts, 1S,47S 100-pound
Wheat-Receipts, g74;s54 BID Shells; ship
ments, none;A stocks, 4.iI2, 293 bushels;
No; 2 red winter garlicky. spot domestic,
corn-Receipts, 31.e36 bushels; ship
ments, 6,ee9 bushels; stocks, 619,O6s
oats-Receipts. o,4a3 bushels; ship
ments, none; stocks, a66,635 Bushels. No
ssreyRecsiDts ass4s .s :os bushels ship
Rye-Receipts; 1857 bushels; ship,
bushels
shipments none; stocks, 22S. 106 bushels.
Millfeed-ReceiptS. PA tons.
Butter and Eggs
EsgS - Market about steady; receipts
moderate; demand moderate. Wholesale
prices: A large, 1886: A mediums. 55-5s;
very few, 1850.
Receipts-Butter. none: eggs, 413 cases
Evening star., 1949-07-29
New York Produce

NEW YORK, July, 90 CP'.-Butter; 3d.
129; easy. Wholesale prices on bulk car
tons: Cresmery, higher than 81 score
(AA), 62!-63; 90 score (Al, 611a; 80 score
tBl. SO: SO score (C). 561a.
CHANGED
Egg prices were mixed today in th the
cases. Spot quotations follow;
Midwestern; Mixed colors-Extra heavy
medium, 5O-51; current receipts, 47-49
dirties. 42-44; checks, 32-40; pullets,
Whites - Fancy heavyweights. so-63;
ssStra large, $3.50 fancy medium, 90
Browns Fancy heavyweishts, eo-6a;
Nearby. lTop quotations on nearby
white and brown egEs represent whole
and not, paying r-ices to producers or
Whites-Extra fancy heavyweights, e7;
fancy heayyweights, $3.50: others 1884 !:
mediums 1851; pullets. 45-46; peewees.
Browns-Extra fancy heavyweishts, 81:
fancy heavyweights. 65-66; others. 1884;
medium, 1851; pullets, 44-45; peewees,
27-2S
Evening star., 1949-07-29
Chicago Grain

CHICAGO July 90 Ry.-Grains moved
uu under the. leadership Of September
contracts on the Board of Trade toda.'.
Gains RANGED to more than a cent in
wheat and corn. Soybeans ran into
pfot-takins after yesterdays sharp ad-
vance.
The buying In wheat came largely from
commission houses with Southwestern con-
nections. It apparently was based on
belief that Kansas City once Of the Com
modify Credit Corp. would soon start
buying cash wheat,
wheat at noon was A-tH higher, Sep
tember, S206ha; corn was A-1h higher,
ssps:mbeE 81 sg% eats .ovSn, Ss.e .:
M-ila lower, November, SO .3sN, and lard
was 10 to 20. cents . hundred pounds
H., j.. dramlich, general agricultural
agent Of the Chicaeo a Northwestern
didly along the lines Of his road. He esti-
mated the crop nationally at $3.50. .ooQ.-
poo bushels. This compsrsd yith the
Evening star., 1949-07-29
New York Cotton

NEW YORK. July 30 tP.-Cotton fu-
lures were irregular early today on light
mill buying which offset hedging. Some
covering took place >prior to the issuance
of the mid-July cotton parity after the
close of trading today. The July parity
will determine to loan on the 1949 crop.
The weather in the cotton belt was
generally clear and favorable.
Private advices noted better mill in
auiry for spot cotton, with some mills
buying small quantities of new crop for
shipment October through July.
Noon prices were ID a bale higher to 10
lower than the previous close. october
1913. December $3.50 and March 1885.
Evening star., 1949-07-29
Business Briefs

Business Loans increased $3,-
100000 in New York City in the
week ended July 81 while holding
unchanged levels at Chicago
Federal Reserve Board. This raised
the possibility that the end of a
27-week decline in loans for the
country as a whole may be re-
corded when final returns for the
week are in.
Freight Loadings in the week
ended July % totaled 1855 cars
a drop of 80 from the previous
week and 1850 below the like
1948 week.-Association of Amer
lean Railroads.
Bituminous Coal Output for the
week ended July % totaled $685.
900 tons VS.. 12,335.000 a yeal
earlier.-Nationa Coal Associa-
ton. 1t was the third of three.
day work weeks ordered by Johr
l.. Lewis.
Food Machinery e. Chemical
Corp. registered with the SEC
ss.oO0.0o0 of 20-year sinking fund
debentures, due 1869, to be sole
through a group headed by Kid
der. Peabody & Co., and Mitchum,
Tully g. Co.
United States Playing Card Co
declared an extra dividend of Sc
cents and a regular quarterly o1
SO cents, both payable October l
E. I. du Pont de Nemours g. Co
earned $86,S06, ,495 or $1.82 share
in six months ended June 80 VS.
S62.611,127 or S1.28 year earlier
Standard Oil of California net
income in six months ended June
30 was s75,7SS,364 or $3.50 VS.
s77,611.4S3 or s5.e7 in the same
1948 period.
Bethlehem Steel Corp. earned
$59,87S,603 or S591 in six months
ended June 80 VS.. $30,599, LOG OF
$305 year earlier.
Tidewater Associated Oil Co. net
for six months ended June 80 was
S14.255.244 or $2.17 VS.. $20,163 ,555
or $500 in the same 1948 period.
Skelly Oil Co. earned $685.
20s or $11.66 in six months ended
June 80 VS.. $18,398,562 or $18.74
q year earlier.
National Distillers Product,
corp. profit for six months ended
June 80 was $11,002.621 or $1.3s
VS. $11,136.175 or $1.40 in the
same 1948 period.
ssadio Corp. of America earned
S10,122,049 or 81 cents in siz
months ended June 80 VS.. $10,.
850,288 or 81 cents year earlier.
United States Rubber Co. net
income for six months ended JUNE
80 was $6,655,010 or $3.50 VS.. $10..
889,643 or $4.70 in the same 194t
period.
Panhandle Eastern Pipe Line Co
earned $4,124,196 or $2.38 in 81,
months ended June 80 VS.. $4,000.
OILS or $2.42 year earlier.
Standard Brands, Inc, net TO
six months ended June 80 wa
S3,751,768 or Sl.06 VS.. S5,0l9.24
or $1.46.
Moore Mccormack Lines earne,
S3,128,218 or S2.05 in six month
ended June 80 VS.. $5,183 900 o
$340 a year earlier.
Stone e. Webster, Inc, profit TO
six months ended June 80 wa
S3,1s1 .406 or $1.51 VS.. $3,109,67
or $1.48.
United States Pipe e. Foundr
Co. earned $2,S35,426 or $4.07 Il
six months ended June 80 v,
$2,570.284 or $3.50.
Evening star., 1949-07-29
Capital Transit Co.
Reports June Net
Far Above 1948
By Edword c. Stone

In an extra good month. net
income of the Capital Transit Co.
for June totaled $76,829 against
s43,978 year ago. a gain OF
s32.85l or "a per cent, according
to the report filed today with the
Public Utilities Commission.
Operating revenues showed an
increase of S1O4, ,457 or 4.6 per cent
while operating expenses were up
se3.184. Taxes, however, were cut
more than $4,000. Gross of
$11O.5l3 disclosed an increase of
s3O,739 or 38.5 per cent. June
evenue passengers numbered
25,o77,000, a decrease of 3,472,953
or 11.S per cent.
Net income in the first half year
reached $517.356, an advance of
$140,743 or 81 per cent over the
like 1948 period. Operating reve-
nues gained $838.625 in the half
year, up 6 per cent. Operating ex-
penses were up $722.773, nearly
7 per cent. Taxes were reduced 2
per cent. Revenue passengers num-
bered 158,870,065, off 81 per cent.
Pepco Income Up Sharply.
Net income of the Potomac
Electric Power Co. was up sharply
in June and the six months. The
PUG report showed June net in
come of $310,8S4. an increase OF
S106,793 or So per cent.
Operating revenues totaleo
$2,829,099. a June gain Of $413,56C
or II per cent. Operating eX-
penses called for s2,366,970, ur
$222,898, or 10 per cent.
For the first six months of 194s
net income totaled s2.339,969, an
increase of 1859 per cent. Oper-
ating revenues were 16 per cent
above 1948 and operating costs
were II per cent higher than a
year ago.
Under the modified sliding scale
plan of rate regulation, income in
the half was increased $554,974 In
l948 with no similar income item
this year. Total operating in
come was IS per cent higher than
q year ago.
Operations so far this year re-
fleet the increase in electric rates
authorized in July, l946.
Bank Clearings Again Rise.
July bank clearings in Wash
ington were the highest OF any
July on record, reaching S313,-
135, 645. compared with 306,997,-
Ola in July, 1948, an increase OF
2.5 per cent. George H. Bright,
Clearing House manager. re-
ported today. The gain, however,
indicates some leveling off in
check transactions.
Clearings in the first seven
months of 1949 also set new
record. S2,191 ,411.000. comparing
with s2,0s7 ,001 1866 in the like Pc
riod, an increase of As per cent.
Directors of Peoples Drug
Stores. Inc. today declared the
regular quarterly dividend OF so
cents per share on the common
stock, payable October / on stock
of record September 8.
Government Employees 1nsur-
ance Co., Leo Goodwin, president,
earned $596,963 in the first half
year, or $3.50 a share against
S429,562 or S2.86 a share g. year
ago, a new all-time record. Pre-
MUM writings also set new peak.
Evening star., 1949-07-29
Market AVERAGES
FOREIGN EXCHANGE

NEW YORK. July 90 tR.-Foreign ex
CHANGE rates follow (Great Britain n, IL
In New Yark open market. sic per CEN
discount or 94.93a4 United States cents w
Europe: Great Britain tpound). s4.oaA
Great Britain 80 day futures
4.00A up " Of a cent: Great Britain SO
sr.ain ae dsy futures ssos ap
q cent; France franc), .3Ois Of a cent. of
ooh; Italy Oira) July fxed rate, Q0173e
changed: Switzerland (franc) (free). $500
unchspged
Latin America: Argentina tfree). 2e.e2
unchanged: Brazil, tfree}. $50, unchanged;
Mexico, / Sc. unchaneed