davidaulloa/AmericanStories huggingface dataset:
Evening star., 1949-05-20
Beaten ; Times,
Economy Bloc
Will TryAeain
Even eockers Conceds
New Douglas PIon
VIII Foil IN Senote
= ~s A.pe- 80 -,

fgonatrf ta>A-nk Sens1,rs
h ~nera esss tos sn>lHss uy 49,
ds' s:srs ,-@sr.as tfsrr ~ss4r'
atteaas In she.r a.nt 'o ,,., rr>s.
~ra. >g~nasnk
oae 4naA4rtra Trn.azfa,se
ssuaths ~ 're economy srvur
proposed p, Ia the arrpsa ca,
yf} s. nrs ycaf .a,r tn 30
Amy eva tancDons bsa
Sponsored h> sraat,s Dc4s4aG
Nsmhgfss et I4nots the ameud-
meh1 vussa waag4 $500 eoe eaa
ol, ~ the 49, olo oae measure
~ 'ag Senate debate
Fen shoat hscAlus thr eeon-
ou1F G}o>s most >IsnfcualN pfr-
dictec prstalr3e mat senator
Doarlas pfnposa. would es
seGf!5eG
Regional jobs n euld Ne nn
Our reason the, cited - that
the bill ca'I4es IT23 600 900 ios
Development Of .}Nrg. and hAy aoss
ana IN, food control projects
scattered throughout the country.
Dozrns % Senators a3e pluEgins
Tor projects N thslf osn states,
In addition 10 The Douglas
amendment The Senate had he
fore IL tie nov standard proposal
sponsored by Republican senators
Ferguson az Michigan and
H;idgeS Of New Hampshire 10 eut
the bill hs ) pei cena
They have Offered that one On
all three MONEY bills psssed by
the Senate 50 far ard each tins
The idea has been rrgrcted
The thad defeat came latt tts.
terday on TIE 81 as 600 600 Agrl-
culture Department bill TIE
mea sure passed the Senate hs e
voice vote and sent back 10 me
House which allowed s2l 900 roo
less
Attempts 10 white Fan
Before the flnal action there
we're two attempts to whl,,ls tire
Senate total They failed ny
votes Of 81 to n and so to ~
Those two votes save The back
rrs Of administration budget plans
their most deelsiye yletory slnos
the start OF the economy drive.
But the argument Vas hot and At
time furious
Senator Tydlngs Democrat, of
Maryland accused the Repuhli-
cans leading the spend less move
Of "demagoe and politics
Republican Senators fetortrd
there was no basis for the charges.
They said the Government IL
headed foF = bis budget deflcit
and that the only why tn avoid II
Is 10 vote In cut zach Of the biE
money bills by per cent
TydinEs ASKS s., Of All Bills.
Senator Tyd!nR& called that q
haphazAfd way 10 so about II.
Instead he introduced = frsolu-
tlnn which would require the
President 10 make 8 PET cent
cut In ali the appropriations voted
BY Congress for the fEcal year
starting July ! He estimated q
saving Of at least 81 800 900 600.
Both Senator Ferguson and SEN
ator Taft Republican Of ONO
told the Senate they would vote
for the Tydlnss proposal II efforts
tu cut on a bill by bill basis fan
altogether
However senator Taft said he
could not SosE up much en-
thuaasn fof the TydinEa reaoau"
tons because he added ths meas
ure probably would ~ vetoed ny
President Truman
Bea.dcs a723 900 600 In direct
appropriations the agriculture
bili carries sb03 900 600 In con-
tract and loan authority n1ost of
II for thr Rural Elccuifestlon
Adninlstf stlon--and ti3s 900 900
in so-eallsd permanent appTopfla-
tions The latter nEHe iFlcladFs
ff1g nef30 Flftn from rEf6tfygya6 Yereafy4A
that ARE lsed for farm parpoAea.
Evening star., 1949-05-20
fTert OF AcheSon Statement
on PAGE A.
By Gornett D. Homer

Secretary of State Acheson
leaves today for the Big -Four
Foreign Ministers Conference IN
Paris determined not 10 barter
away" Western cold War gains
for the sake of agreement with
Russia on Germany's future.
He made this determination
clear in a predepartment state
ment stressing the Importance of
"steadiness and consistency in
American foreign policy, unsWayed
by Russian maneuvers.
Mr.. Acheson pointed to progress
in Western European recovery and
toward rebuilding a democratic
Germany in the Western zones.
and declared firmly:
We shall not barter away sue
cesses achieved for the sake of
promises which might again prove
to be illusory. as they too often
have in the past
1T is not our intention" he
asserted, mo matter how much we
may desire agreement. to accept
anything which would tend to
undo what has been accomplished
or impede future progress along
the course we have charted toward
the revival of health and strength
for the free nations Of the world"
Takes OFF at l PM.
Mr.. Acheson planned to leave
by air at / pm. today for Paris.
where he will join Soviet Foreign
Minister Vishinsky. British Foreign
Secretary Bevin and French
Foreign Minister Schuman in a
Council of Foreign Ministers ses-
sion opening Monday to consider
Germany's future.
He arranged to take with him
in President Trumans personal
plane. the Independence, Mrs.
Acheson. John Foster Dulles, his
Republican adviser, and two assist
ants, Lucius D. Battle and Robert
G. Barnes.
The Secretary issued his virtual
no-compromise policy statement
after explaining the situation in
detail to the Senate Foreign Re-
lations Committee in a closed ses-
sion late yesterday.
Chairman Connally said he
thought the committee was in
complete agreement with Mr..
Acheson's views.
Concessions Up to Russia.
In his statement, Mr.. Acheson
said mo one can tell now whether
the Paris meeting will succeed in
reaching workable and effective
agreements" on Germany's future.
He said the United States will
neglect no real opportunity for
a solution. But it was clear If
any significant concessions are
made they will have to come from
the Russians.
Warning against either undue
pessimism or premature optim-
ISM" he said American foreign
policy for a world of peace and
security" must not be allowed to
become subject to the f1uctua-
tions produced by a raising and
lowering international tempera-
ture."
Mr.. Acheson said such things as
the European Recovery Program
and the North Atlantic Pact al
ready have brought "a great
change for the better in the situa-
ton in Western Europe"
Some Senators have argued that
See ACHESON pace Al
Evening star., 1949-05-20
Doys OF ~ Depicted
In New Color Comic

Out o! the West comes cassy
Ragglss, hard lighting. fast
riding hero of an exciting nrw
eouzie drawn against the sitF~
ring background of the Can"
fornIa gold rasfs ~ is+S
Ex!llfaly plotted and neAa~
tasuIsy drAEn, CASEY RggElss
wall swlng into action May ~
In sns rosog comic se~tteas as
Evening star., 1949-05-20
.Acheson Leaves
To Attend Big 4
Par|ey in Paris
Voices Determination
Not TO Borter Awoy
Gains of Cold War
BULLETIN

President Truman today sped
Secretary Of State Acheson on
his way TO Paris with a wish
that good luck would attend his
mission. The President Jour-
neyed TO National Airport 10 see
MI. Acheson off in the presl-
dental plane Independence
The plane took of at l:l0 pm.
Evening star., 1949-05-20
Truman May Return
Disputed List 10 Army.
Russell Indicates
Action on Promotions
Awuits New Secretary,
Senator Believes
ey the A,.eeioied Pres,

Senator Russell. Democrat. oi
Georgia said today he understands
President Truman plans 70 send
back to the Army a disputed list
Of general officers eligible for
promotion.
Senator Russell. who heads a
Senate Armed Services subcom
mittee named to find out why the
list hasn't been made public. In
dicated that some OF the steam
may have gone out OF the investi-
CATION.
Il understand the President feels
the list was hastily assembled, he
told a newsman. Senator Russell
was a White House caller earlier
this week.
The investigate group OF three
Democrats and two Republicans
has been unable TO meet because
Senator Russell has been tied up
with appropriations bills IN the
Senate and in committee.
Evening star., 1949-05-20
Excerpt From Document.

We need to locate the personal
physician of every Congressman
and every United States Senator
tthe County Societys secfetafy
probably should take on that job
and have him tthe Congressman l
doctor send a personal letter to
his patient. the Congressman tell
ine him OF the danger Of social
lzed medicine. and asking for his
help in defeating any compulsory
health insurance program whacfl
may be submitted
The phrase 'sociaIized medl-
cine Was coined by the ANA 10
misTepresent the national health
program nov under consideration
BY Congress. Mr.. DinRell declared
Mr.. DinEell characterized the
phrase as "scurrilous. contempt
ibie. premeditaisd and scandal =
Gus. 7'
J. Donald Kingsley. acting Fed
eral Security Administrator in
a statement filed with the com :
mittee today insisted that the
Evening star., 1949-05-20
Appointment Awaited.

"As soon as / get free from ap-
propriations work I'll probably call
the subcommittee together" Sen
ator Russell said He hinted that
this might be some time in the
future.
1t is my understanding" :" he
added. that the President Is hold
ing this list until qualification Of
a new Secretary OF the Army, As
soon as the new Official is ap-
pointed. Senator Russell said, ne
probably viii get the list back.
Republican Senators Bridges OF
New Hampshire and Baldwin OF
Connecticut say the eligibility list
left the Army sometime in Feb
ruary. They want Army military
and civilian leaders TO tell why 1t
has not been made public.
White House Secretary Charles
Ross said this week that no pro-
motions Of Army officers had been
Evening star., 1949-05-20
ConeressProbe Asked
OF Medical 5oeieiy's
Fight on Health Bill
DineelI Tells Hearing
High Pressure Toeties
D'seroee Profession
RY Harold B. Roaers
By HoroId B. Rogers

Repre- sentative DneeiI Democrat
Of Michigan, TODAY demanded a
congressional investigation Of the
American Medical Association 4
campaign against legislation for
national health insurance
He characterized the Csmpalgr
as "one OF the SireVdeSt. most
calculating and most cold blooded
lobbying operations IN American
history.
Author Of a pending bill 10 rSiao-
lish national health insurance Nj
Dingell told House Interstate
and Foreign Commerce sIbcom
mittee the hish pressure tactics by
the doctors were a disgrace 10 tht
medical profession
The subcommittee today openet
a long range set Of hearings or
the controversial health insurance
program with Mr.. Dineell as The
only witness,
Hearings Resume Tuesday,
Representative Priest, Demo
crat, OF Tennessee subcommittee
chairman, announced the hearings
would resume at 10 am Tuesday
Witnesses may include Mr. Din
CELL again James p DAVIS. difec-
tor OF the DIVISION OF Territories
and Island Possessions OF the In
terror Department and others
Mr., Dinaeil charged today that
doctors were being asked to take
advantage of theif special. con
fidential relationship with then
neutrality-suspicious. members Of
Congress -- in their campaign
against the administration s health
program. including national health
insurance
The Michigan lawmaker laid
before the subcommittee copies
OF documents which he said we're
turned out for the American
Medical Association by its high
powered public relations firm Of
Whitaker a. Baxter
Reading from one Of the docg~
mentS. Mr.. Dingeli quoted what
he said was a single paragraph
Of that lobby blueprint "
Evening star., 1949-05-20

See MEDICAL. Page as )
Evening star., 1949-05-20

(See GREECE, Page A-6)
Evening star., 1949-05-20
On Presidents Desk.

And a White House spokesman
said the list was not promotion
list but merely a list Of eligible
officers from which names for pro-
motions could be selected. He
added it was In the Presidents 8
desk and would stay there.
A letter explaining all facts
about the list went from Presi-
dent Truman TO Chairman Tyd-
ings of the Senate Armed Serv-
ices Committee. but Senator Tyd-
ings refused TO make this public.
saying IL was personal
A promotion board set Up the
list In early winter. and then, in
accordance with regulations. the
Army asked the White House for
approval
After the White Hoslse sp-
proves such lists the Army draws
on them 70 all vacancies, Tfas
same procedure applies In the
Navy.
Evening star., 1949-05-20
Guide for Rea ders

A. ASK ass~a Er.a. s~s-as>s~~
Evening star., 1949-05-20

I See ACHESON, Page A-4.)
Evening star., 1949-06-08
Railroad Stocks Lead
General Improvement
I'm Market Prices
Nv ssps AsseesuA~S Pvsas

NEW YORK. June e.-R4llrcad
stocks moved IN front Of o gen
orally improved market today.
Higher prices were paid fog
Nickel Plate. Santa Fe. Great
Northern Preferred. Chesapeake q
Ohio. and Illinois Central. Sea-
board Airline. however. lost around
a point. apparently renecttng dis
appointment over o dividend an.
nouncement hate yesterday.
Also Up were United States Steel
Bethlehem Steel. General Motors
Chrysler. F1restone. Montgomery
Ward. Sears Roeouck. woolworth
International Harvester. Boetng
Public Service Electric. Kennecoti
Copper. American Smelling. All
Reduction. Dow Chemical. d.
Pont. Johns -ManvtIle. Owens-n
tinois. International Paper. Stand
ard Oh IN. j.. and Twentieth
century-Fox.
Among q handful Of laggards
were YOUNGSTOWN Sheet. Packard.
United States Rubber. National
Distiliers. United States Gypsum.
Gulf Oh. and Emerson Radio.
Corporate bonds moved mar
rowly. United States Govern
ments tended upward here and
there in over the counter dealings
Evening star., 1949-06-08
Produce Markets

Baltimore suotations supplied By Oh,
United States Agriculture Department
eotssees.siiahtly % vesPer Pes nsrsh Sn nae csro
sInia % cossisra.a un.ssh.d. tsw, 40. sH'
,eTsss sss'' suS. No
Jerseys. 5000: ooid.ns. few as.
;;s; ssssA s;s::
samSo n5s.ne fsw soonsoo: ers eooss soa css oc
soPs ss' oss, nsa as SGS so 15. .nes
i.s ..iss COLOSSAL saSass oo sasr. I fssy fancy
seS seS sssss sMsslnisso soo.ssS essss.d'd' A''' 'ss-
rcriSs bgshss sd. s,,,p nappesss sS.ss
Poultry - slightly weaker fowl. barely
:sss :s:ss' fnsas ssas t.sns S pouna n Esesi sa
27-2e; broilsFs ueghornsl, 2-2A pounds,
few 22-23; fowl fcoloredl, $3.50. very
dsv s sish as 80; hshtwsiShts deshorns,'
flour Receipts. 1862 ioo-pound
Whea.-.R.ssip.s. ss.ses sashsl.: ship;
bushels No red vsnse, sa ~ sasiisss 81. pa
ments, Ie3,300 bushels: stocks. i.f4o.0si
hushels-
ments, none: stocks. 1.fa1.a .a3e bushels.
none; stocks. 33i. .e17 busheix
ments, none: stocks. 35s.g3e busheis,
soybeans-Receipts. I,s34 hnshels; shfn-
ments, none: stocks Ice $50 nashsis
Batter and Eggs.
ERgs-Best quality MTm. others about
steady: receipts moderate: demand modsr-
ate wholesale selling prices: iAref,
sT-ss; A mediums s0-63: p large. 6i-53;
current recefpts. unEraced. 46-4s.
Receipts-kssh 63l eases; butter, To-
eli panndR
Evening star., 1949-06-08
Business Briefs
Wholesale Food Index, based

Wholesale FOOD 1ndeX, pdSeQ oII
total cost of a pound each of 81
foods in general use, declined one
cent this week to $5.73 from a
week ago, but was 19.4eo below
the year-ago figure of $7.11.-Dun
g. Bradstreet.
Edison Electric Institute report
ed power production for week
ended June 4 totaled 5,018,270.00C
kilowatthours, up $3.50 over the
corresponding holiday week end a
year ago, when the figure was a.
845, ,45S, 900.
Domestic Freight Car output fo1
May totaled 9,525 VS.. l0,787 in
April. the first time the figure has
dropped below 10000 since Janu-
ary-American Railway Car In
stitute.
Construction Contracts awarded
in 16 Southern States in May
reached a 1949 high of $276,224.-
000-Manufacturers Record.
Consolidated Gas Electric Light
and Power Co., of Baltimore, Of
fered its common stockholders the
right to subscribe for 219,546 ad-
ditional shares at $50 share.
Seaboard Air Line announced a
81 dividend on the common to be
paid In 8 installments, beginning
June 80.
8. s, Kresge Co. sales for May
totaled s22,O4l ,289. up 1879 from
s21,774,436 a year ago; in tive
months, $103,269. 1865. up 1.5%
from $101,7 ,731 All last year.
Western Auto Supply Co. May
sales totaled $1o.522.000. up 2.S%
from s44,322,000 last year.
S months $42, 100000. down 4.3%
from S044 ,322. 900 last year.
Edison Bros. Stores Inc. May
sales totaled $6.821, ,275. down ASH
from $7,146,583 a year ago; Tor !
months $31 ,543, ,139. up 4.l% IRON
$50. .300.713 last year.
Interstate Department Stores re-
ported May sales of s4.e40,211. Q
drop of 12.8% from the $5.668. .44s
figures of May last year.
American Gas g. Electric In veal
ended April 80 earned $21 .2l5.36'
or $4.57 a share VS.. $l9 9.802, ,708 ol
$4.26 in 1948.
Allied Stores Corp. In year ended
April 30 earned SIS. 5.188.39o or $685.
q share VS.. $13,627,o0 or $3.50
In 1948.
Brazilian Traction L. 81 Power
Co. Ltd. in year ended December 81
earned $27 .o86, ,242 or $685. share
VS.. $25. .981 1881 or $3.50 for 1947.
Ohio Power Co. in year ended
April 80 earned $9, 400 ,773 or S46.1s
q share VS.. $9.036. .283 or $44.64
in 194S.
Evening star., 1949-06-08

gMg~ kts(s s@ns r 4atssst ssszs
p ~ s9sAsF tzsFgsx #saasaysVz sa1 ae5e
kssaz ~ IS T~skv %zA&2s e-Fsts8}zssvs IS Tss--
ases Asaasssasg s.sasess s6 z7sF &ssss@4se@a -
sassS s~ass ssaas~za Asfs2 a@SS sssfs =
e.ass - ~ e@sz
Tsss &sea4s svsg . hAs4s ~xs*sss v@@ss
afsv3 Fs es5 tSM aas ssIy ass Esss=s
yxr. saFss tsaa8 esssnss T~tt sz&s ID
R4f gn sAv st4ss te ssa waas " EA# sas a.
VI sz8lF y A@&a BSea 5Ass ss~ "a sH@aass
eE*rsas sasS4rs n szlz Hzkrs
sseFs sTs sss NAsAE+ s@zF-..saF ass'=-s
& 49, tag & &HA5f stgs ~ s~sl
: sazs e. saSsee xsesses -gs hxs- gsey zs<
t3sss~S - ssSssSnz-s=s SratFetss No.
es tsss *aRsp saaFhs fsaas Fesga $50 t
Wsssas ~fat aegr sas& * 'ss s.a s@s
\. A5sssr1 -, : :. aF@ nsaa ~ss7
go & - '''''-'
N. ssas -=&Nsz tss tss $50 fH go
pssFx assss &1sssS sssssssszss y - sA#sss-aaa
tssssvFAsssssI ssass~s~assssH s's7s a 'asssa :
Stsseys sss&
fEsssaea + gAss sxtxszss.s Fss@szsHa ~
. ia Sc make w1&sst - - ger zgs3 ss -
xsspxzt Es8as o. sassss ssaa4sNnssss4s FesaFsa 90
ttss &f@4sz&. g. Asaa ~ s9ea a. SIsF7S7sa7
esssas assxsrss ss&AasSa #AtR sss tsfFt 'sAsssss
sssHs TT.Gs esmN re za 80 ~ s#F 0ERa
q nAEas ASAE e4A sAase& tF&sss
gs3s zssss sas4afsR1ss ss3asssse s&ssf ksSs
ss~sa akaASnE A~xsSaa tsss SAess % sfa
Ess nsst iFS SFssa !a& n p, sast So
rHzs sgssz tss fGzssts y 81 Jasa essf a7s=
j8ssasS ksas4l al s@ psa ex@s * sss7 =
fsas = x~es eesa ~ tas sE1nssess FFass =
wss Esis e0sws ass HssGA hsa Ns~' sEsssTf
81 Rfasx stfs~ gSa rxsst o. tssF @AsH
pefs astx4
Evening star., 1949-06-08
Chicago Livestock

CHICAGO June 0 Us tuSDA)-
saiahie hoss, $500: generally Is cents
lower both butchers and sovs: instances
on SO cents ON both classes: early trade
slow but later trade and close modersteiy
active: TOP 81 so: bulk good and ehctee.
lT0-240 pounds. 21 400-21-B0: 250-2s0
pounds. 20.25-2i.0O 2g0-320 pounds.
q. .5o;2o: :2s; nc. few slo-4aszpoyn butch. itch.
under 900 pounds. i7o0-iszs; . few
500 pounds, i4.60-15.5o: good clearance.
Saiahie cattle. 1000: salahle calves.
500; only high-choice steers and hetsers
cows about steady; bulls steady 70 fully
25 cents lower; nine loads htgh-ehotes
i, ,2o0-1 s3T6-poun6 steers. 2e.1e-2e-50'
top 20 SO; bulk good and choice steers.
25.7s-ss IS: medium TO- low-sood GRADES,
% .oO-26.00: load hish-choiee 1.0So-pound
heifers, 2s.7S: other Good and choice
heifers. sST5-2s.O0; bulk common and
medium cows. i7.ss-19.25; few better
ters, I3.5o-lT.O0: medium and good
sausage bulls. 2l .5o-23 %; yeslsrs steady
TO so cents lower at $500 down. STOCK
cattle weak 70 rs cents lower
Ssiabls sheep. 500: slaughtsr lAmns, 30
cents 10 1. 90 lower; practical too sprtnE-
ers. 5000; odd head. HOO; good 20
choice old-crop shorn lambs. q. .0o-1s.p0i
ewes steady 10 30 cents lower 81
r Sf~ 10 30
Evening star., 1949-06-08
Little Chance Seen
For Steel Users 10
Force Prices Down
By The Associated prsss

NEW YORK, June s.-Cost-
conscious steel users have little
chance Of forcing base prices Of
steel down In the immediate future.
the Iron Age. Woodworking trade
weekly, said today.
Nothing will be done on prices,
the publication said. until steel
firms know what their coal bill
will be for the next year. and what
additional costs may come from
the steel contract negotiations.
Acceptance Of union health and
insurance demands could add 81 65
a ton to the cost Of finished steel.
1t noted.
Even then. 1t added, "the real
test Of today's prices will not come
until the operating rate goes well
below what 1t is this week"
Ingot Rate Declines.
The national ingot rate this
week was placed by the Iron Age
at SO per cent of capacity. against
last weeks revised figure Of 90 per
cent. Major part of the decline
was attributed to falling of in
orders and backlogs.
There may be some rugged
price cutting In the steel industry
If the ingot rate gets so low that
many mills are extra hungry for
business" the trade weekly said.
This happened before and 1t
probably will happen again.
But with Cd wage rates higher
than prewar. ca q strong union
in steel. 90 other costs still at top
levels and 90 only scrap having
been reduced In recent months,
there will be lot of heavy think
ing before any steel unit steps out
and tries to gobble q lot Of busi-
ness at q cut-rate price"
Freight Bill Welcomed.
Declaring that "the OMahoney
bill to allow freight absorption by
the steel industry can't come too
fast for some steel areas" the
Iron Age said:
Because Of the r. o. B. mill
system. the Pittsburgh area has
been operating ut q lower rate
than Chicago. At Chicago the
rate this week is 975 per cent
compared to the Pittsburgh dis
trict rate Of 84.5 per cent. Part
Of the decline at Pittsburgh was
due to a strike and furnace re-
pairs. Even If this were elimi-
mated as q factor. there would
already be q difference of
points"
A 25-cent decline In the price
Of No. / heavy melting steel al
Pittsburgh was credited with
dropping the Iron Age steel scrap
composite to o new low for the
year Of $21.67 q gross ton.
Evening star., 1949-06-08

1917, and Is member OF the firm
of Wayne Kendrick g. Co. He
holds a CPA degree in New York
and North Carolina as well as ir
the District.
Mr.. Rouse. r. Merrill Salter and
Desmond F. Murphy are new men,
bers of the Board of Governors.
ID. C. Bank Loans Higher.
Commercial and real estate loans
made by Washington banks
showed gains of about S500,000 in
the week ended June l. the Rich
mond Reserve Bank reported to-
day. Total investments, however
took a slump which brought total
assets down. Time deposits gained
but demand deposits were off
slightly.
Bert K. Silverman, until recent
ly head of the advertising agency
bearing his name, has joined the
staff of Henry K. kaufman & AS
sociates, as account executive. He
was advertising manager for the
Franc Jewelry Co. for three years,
advertising manager of the Young
Mems Shop and has had much
other advertising experience.
Mortgage Demand LagS.
F. Wilson Camp. secretary of
the District Building and Loan
League, reports that home mort
gage loans made by the 27 build
ing associations in the first four
months of this year totaled $19,-
100000 against Sal, 100000 a year
ago. There has been a sharp let
down in the demand for new
homes by veterans while present
prices are also a vital factor in
the loan demand.
The building associations report
q. gain of about $24,000.000 in
share accounts in the four months.
The annual election and dinner
of the auditors section. District
Bankers Association, takes place
tomorrow night at the Mayfiower
Hotel.
The June 16 meeting of the Dis
trict Life Underwriters Associa-
ton will be addressed by William
B. Minehan of Milwaukee.
Evening star., 1949-06-08
New York Cotton

NEW YORK June 9 W.--Cofton ts-
tares we're nrm IN early dealings sod1y
"a rush of buy4rx crdxrs came into TIE
mnrksE in opsnsnE tra6ins. infiusneea %
an announcement of o more tioexai Ernin
storage pKngr&m ~ the Agriculture De-
paYfssenf Tra1ers interpreted fkls ~
evidence that the a6mintsfrstsnn wants %
maintain htxh farm prices buytng vas
feneral. with gatn& &xten6iDx % g senss
en- proAt taking and hedging.
leading xpot Grm tu16 Gs90o h&ies af
nearny July oa shs scA1e.ups
Noan prices we're ek cents bale hsEhfg
10 20 cent? iawsr than th< nxeyi12x e1ass-
july. a. CO. 0<teeef. ss.o8s ana Deefm-
Evening star., 1949-06-08
T.. & P. Net Income
During April Drops
Rt,227 From 19R
ey Edword e, Stone

Net income of the Chesapeake
81 Potomac Telephone Co. In April
totaled 1902, ,342, a decrease OF
SCI. .227 from April. 194S, accord
ing to the report filed today with
the Public Utilities Commission
In the first four months Of this
year. net income Of s1.248,22l
showed a decrease of SIP from
last year.
April operating expenses. includ-
ing taxes, were $176,010 more than
last year, reaching s2.668,753. OPP
Grating revenues of $2,964 ,961
compared with $2,855,478 in the
like 1948 period. At the end OF
April there were ASP, PSI phones in
Washington, a gain of 26,439 in
the IL months.
Manley Heads Accountants.
District of Columbia Institute OF
Certified Public Accountants has
elected Laurence o. Manley pres