davidaulloa/AmericanStories huggingface dataset:
Evening star., 1949-07-19
Furniture Sales Here
Show 12per Cent Gain
For First 5 Months
By Edword 6. Stone

Sales in leading Washington fur
niture stores in May were 6 per
cent ahead of May. 1948. and in
the first five months of this year
ran u per cent better than year
ago. the monthly review of the
Federal Reserve Bank Of Rich
mond disclosed today. Sales in 81
stores in the Fifth District were up
8 per cent in May but down 3
per cent in the longer period.
Business in the Fifth District
showed a respite from the down.
ward trend in the previous month.
the review said. Department stores
sales. wholesale trade. bank debts,
building contracts and life insur-
ance sales showed better than sea-
sonal performance. Automobile
registrations were up and business
failures down. The employment
situation continued to deteriorate
Bank loans in the Fifth District
fell 2.9 per cent from December
90 to May 25, but District of Co.
lumbia banks showed a gain of
II per cent. Real estate loans
held up we'll. Construction con-
tracts awarded in Washington in
May totaled S8,615 900, a gain of
80 per cent over May. 1948, and
S5l 1862 900 in the five months. up
43 per cent. Failures decreased.
Armitage Heads IBA Slate.
Albert T. Armitage, head of
Coffin & Burr, Boston investment
firm. has been nominated as the
next president of the Investment
Evening star., 1949-07-19
Crude Oil Production
Dips for Third Week
By the Associated Press

TULSA, Okla, July 19.-The
Oil & Gas Journal reported to-
day that for the third straight
week the country's daily average
crude oil production showed
large decline.
1t figured total daily average
production in the week ended
July Is at 1858. .925 barrels, a drop
of 26.950 barrels.
Most of the overall loss, the
Journal said. was due to further
cuts by individual States to con-
form more closely to recently
lowered allowables.
Top decrease for the week was
in Kansas. where production fell
off 1880 barrels to 228,7
barrels.
Oklahomas output dropped
$3.50 barrels to 377,550, Michigan
was down / 600 to 38,100, Wyo-
ming declined 100 tos;126, SOC
and California lost 800 10
911,90o. >'%
Other decreases included n
linois, 800 to 178,9o0. and Louisi-
ana, 100 to 473,95O.
Production was unchanged In
Texas, 1,805,000. =. :, 4.
1. Average daily production 10
Canada was reported at 58,515
barrels, with 55,015 barrels COM.
ing from Alberta.
Evening star., 1949-07-19
Produce Markets

Produce quotations from Baltimore. fur
nished by the Agriculture Department:
and and New Jersey. % Williams, red. s-inch
minimum, ] 90; inches up 5o-75; 2h
!nenes 5 sa2s sp ncses u nsnes ~ up ncbs.
uo'S ap' ? $3.50. '''e' n.y. -'V0' " . 'l''@|
Potatoes-Market slightly stronger, 90.
s2e seS r. s. Na ans sa{era y oi sS
eiassified. j ,75-s 20; New s jersey, s'5o: 50
RsseTn shcr. s?s VFsns ncan. ssaFs
Maryiand, Cobblers, few 3.75.
Sweet potatoes-Market dull. Florida Ss
Easte-n Shore of Maryland, white yams
Poultry-Market slightly weaker; re.
Fryers. 3-3'. pounds, 1884, mostly 32-33
broiers Ieghorns, 2-2L. pounds, few
:25-26; fowl tcolored), 27-29. very few
higher: lightweights Leghorns,, too few
Livestock Prices.
Cattle, goo: mainly cows, bulls and
1900: few GOOD sausase Bulls. $500,
sSoe9' sSo9' n,a1 commen; 17:5o: late yesterda!
DoSnss %sn'1% sas ssss
Calves, i9o; slow on common and me.
STEADY; GOOD snd choice yeaI.rs e"ssu snl
slaughter calves, SO .OO-26 90; one lot t. t.
80; somuon and medium in ranse O.
.t.asEs' assEs' EsoS sSS; me ms9dsy .stlys mostl,
some s1 held dn nhisher: sSS;sso pounds S$:S;
pounds. 1e.75-2l 90; 12O-l40 pounds
% 1928 90. 1901 pounds 23.5o-75
good and choice under 400-pound sow
pounds up to 1850; sood 4oO-45o pounds
Is .75- 1900; heavier weights. 400 down
odd stays. 200 under price Of same weigh
grainfeds.
Sheep. 100: hardly enough in early tt
test test price one;.. schsdule' few odd head soc
steady at $500, but undertone weaker
ewes absent, quoted steady at up 500
Evening star., 1949-07-19

Burden Assist -. L. Ar"''Ate'
ant Secretary Of Commerce for
Air during the war, has organized
an investment firm in New York.
partners being his brother. S. C..
Burden, and r. Mclean Stewart.
The firm will invest its own ven-
ture capital in new enterprises.
Financial District Notes.
Roland Pierotti of Washington
former counsel in New York for
the Securities and Exchange Conf
mission, has been made vice
president of the Bank of Amer
tca, L. M. Giannini. president, an
nounced in San Francisco. Mr..
Pierotti has been Washington rep
resentative of the bank since 1947
with Offices in the National Press
Building.
Capital Airlines reports the
heaviest air freight business on
record during the April May June
period, revenues being up 81 per
cent.
Nine members Of the Paul D.
Sleeper agency of The Aetna Life
Insurance CO. will attend 8 re-
gional conference at White Sui
ptur Springs, w. Va, next week.
Evening star., 1949-07-19
$1,575,000 Transfer
En|ivens Otherwise
Routine Market Day
By the Associated Press

NEW YORK, July 19.-One of
the largest sales of stock in many
years highlighted business in a
generally firm market today.
In a 900 deal. block of
$4,000 shares Of Commonwealth
& Southern sold at 4 u. new high
for the year. A few minutes later
block of 10000 shares of the
same stock changed hands, also
at 4l2.
Late last week dissolution plan
for the company was ordered in
a United States District Court
over the objections of a group Of
stockholders.
Blocks of 1000 or more shares of
C. & S. peppered the tape.
The intense activity in the util-
ity company's stock distorted the
markets sales record. Business
otherwise was routine.
United States Steel was fairly
active at a small price increas.
and most other steels improved.
The market generally tended
upward, but gains were fractional
for the most part and there was
little push behind the buying.
Higher prices were paid for
Bethlehem Steel, National Steel.
General Motors, Chrysler. Sears
Roebuck. United Aircraft, Univer-
sal Laboratories, Consolidated Ed
ison. Kennecott Copper, General
Electric, Dow Chemical, Union
Carbide. Philip Morris, Owens-n-
linois, International Paper, Santa
Fe. Southern Pacific, Nickel Plate,
Central of New Jersey and Stand
ard Oil New Jersey.
Losers included United States
Rubber. Douglas Aircraft. Consol-
idated Natural Gas, Phelps Dodge,
j. c. Penney. Southern Railway,
Atlantic Coast Line and Richfield
Oil.
Corporate bonds inclined up
ward.
Evening star., 1949-07-19
Chicoqo Livestock

CHICAGO. July 10 up (usDA).-sal-
erately active, uneven: butchers steady
to Is lower; spots, $3.50 OF in weights
below 240 pounds; sows steady to %
lower top. 1880 sparingly; most good
and choice 17O-24O pound, 90 .50-23.25;
250-27O pounds, 21.25-22 rs; 2SO-3OC
scarce: choice 800 pounds. 1900; small
lots up to .375 pounds as low as 1900;
good and choice sows under $40 pounds
as pounds is.5ol7s5; M s75e4SS 9o SSer; pounss mos
15.56-1675: 4O0-45o pounds. 4.50-l IS 50;
475-6OO pounds. I2.0O-I4.O0.
500: trade less active than Monday. but
mostly steady, on sli represented weights
some closing sales around IS lower on
steady; good bulls strong to 25 higher,
others weak: vealers steady: bulk good
1925 for four loads i.e25-i,275 pounds;
most common to low-good steers. 1850
%. .25; about three loads choice 900 pound
heifers. 2. 90; most medium to choice
1s.oo-5o 90; most common and srass
12.75-I6.O0; top sausage bulls. $500:
most common to medium. 195o-21 so;
Saiable sheep-I.5on: siaushter lambs,
l .O0-1 so lower; practical top, 24.O0. paid
for good to choice natives and three
loads Idaho springer ewes steady at 300
Evening star., 1949-07-19
British Company TO Pay
Iran Hiqher Oil Royalty
By the Associated Press

LONDON. July 19.-Iran and
the Anglo-Iranian Oil Go. have
signed a pact giving the Tehran
government bigger oil royalties. a
company spokesman said today.
Under the pact, which awaits
ratification by the Iranian Parlia-
ment, the British owned company
must pay Iran shillings C$1.20)
a ton instead of 4 shillings go
cents) for oil 1t pumps out of its
100000 square mile concession in
Southwest Iran.
The pact is a supplement to the
1888 agreement between Anglo
Iranian and the Tehran govern
ment which gave the firm ex-
ploration and exploitation rights.
The new 6-shilling royalty
rate will be retroactive to Janu-
ary /, 1948. The company pro-
duced nearly 25,OO0,000 tons of
oil in Iran in 1948.
Evening star., 1949-07-19
Chicago Grain

CHICAGO, July 10 tP.-Feed grains,
with corn in the lead, gave the futures a
steady to firm tone today. Corn advanc ed
more than cents a bushel at times, with
the July contract setting the pace.
the strength Of corn was attributed to
light country offerings, a tight situation
in the July contract and lack of moisture
in some sections of Iowa. Some Of today S
buying in deferred contracts was the re-
suit of the dye-day weather forecast, which
predicted only q quarter to half inch
of rain in Iowa.
Oats followed the lead of corn and
was up around a cent during the greater
sion. Altnough q GOOD run of oats was
expected todays receipts were, not so
bushels and oats at 10000 bushels.
At noon wheat was "a to Ia higher
than Yesterdays close, July 93A; corn
vas "a to "a higher. III, July .lL AZ; oats were r.
lower to l higher. July ,554; soybeans
were Y to 2 hieher, July 25ss.; and lard
was 10 to 81 cents hundredweisht high
yulv
Evening star., 1949-07-19

Heuriy Sales on the Exchange Today:
IL 100 am.- l4o 600 l2 :00 noon ESQ 900
|. / pm.--- / ITO 900 900 M. 900 900
tUnit Of trading 10 shares. Elm bank
under the Bankruptcy Act or securities
assumed By such eompanies. Rates Of divi.
dends in the foreeoing table are annual
or semiannual declaration. Unless other
wise noted. special or. extra dividends are
e I. ra: so sd .aiss or .lsT. II s;
stock DIVIDEND. d Cash or stock. . Paid
'ast year. I Payable In stock, estimated
clared paid so far this year. Declared
or paid after stock dividend or split-up.
k Declared or paid this year, an accumula-
this ear. dividend omitted, deferred or no
action taken at last dividend meeting
r Declared l94S PAYABLE IN 1949. y Lqui-
cash value undetermined on declaration
Evening star., 1949-07-19
Business Briefs

Business Failures in the week
ended July IA totaled 1877, COM
pared with 1873 in the previous
week and 81 in the like week last
year.-Dun & Bradstreet.
Railroad Revenues in June were
"12.9T below those of a year ear
lier. Freight revenue was down
1867 and passenger revenue
down 7.9%.-Association of Amer
lean Railroads.
Retail Milk Prices in "a rep
resentative cities averaged 1875
cents a quart this month
nine-tenths of cent below the
average of a year ago-Agricul-
ture Department.
Baltimore e. Ohio Railroad Goa,
loadings were cut AZ per cent last
week to 1868 cars as compared
with 16,466 a year before. The
reduction was attributed to the
miners three day week.
Working Capital Of business
corporations reached an all-time
peak of s65,SOO 900, 900 in the first
three months of 1949. up more
than $1,000. 100000 over the last
three months of 1948-Securities
&~Exchange Commission.
Independent Retail Store Sales
in June we're 2 per cent below
May and 4 per cent under June oi
last year. However, sales by auto
mobile dealers showed a 26 pei
cent increase over a year before
Census Bureau.
Securities e. Exchange Commits
sion approved removal of restric-
tions on common stock dividends
by Monongahela Power Co. of
Fairmont. w. Va. The company S
dividends had been limited to
100000 year since August. 1915.
SEC scheduled a hearing Au-
gust here on a proposal by Gen.
eral Public Utilities Corp. of New
York on proposed sale of its COM
mon stock holdings in Rochester
Gas & Electric Corp.
Norfolk & Western Railway is
starting a 100000 equipment
building program. to be completed
in it's shops at Roanoke. Va, by
the end of next year. One thou
sand 70-ton hopper cars and 18
steam locomotives will be con-
structed.
E. I. du Pont de Nemours re-
ported sales in the first half OF
1949 were $498, 100000 up SAL
100000 above a year before.
United Fruit Co. net profit was
$24,176,000, or s2.75 a share. fol-
the six months ended July 2. VS.
$27,025,000 or $3.07 in the 1915
period.
Chicago Great Western Railway
reported net income of $S18,787
for the first half of 1949, VS.
s1.329, 1896 in the l948 half.
Delaware e. Hudson Railroad
earned 1897 ,O49 in the five months
ended May 81, VS.. $1,876,428 ir
the like period last year.
Eagle -Picher Co. earned ST..
S33,887 in the six months ended
with May, or $206 a common
share. VS.. s1.S7o,032 or $2.10.
Flour Mills Of America, Inc.
earned $1,13s. .802 in the year end,
ed May 81, or .$2.47, VS.. $2,301 ,39.
or $4.99.
Rohm e. Haas Co. earned ST..
$4,000 in the June 80 quarter, o.
$1.53 a share, VS.. $1,014,000 O.
$1.23.
Shawinigan Water & Powel
earned S2,o03 ,s49 or "a cents IL
the first half, VS.. $2,389,114 or 9.
cents.
Evening star., 1949-07-19

achievements, while great, never
succeeded in eliminating large
scale unemployment" and more
detailed economic planning is
needed. He said Americas real
test will come when our cold war
spending program is cut back Sc
Iverely.'
Evening star., 1949-07-19

Bankers AS
sociation. He
started in the
b u S ne SIS in
1912, is a direc-
tor in several
b i z corpora
tions and dur
ing the war CO.
C h a i r m a n OF
the War Bond
Drive in Ma ssa
chusetts. The
IBA election is
in December.
William A, M.
Evening star., 1949-07-19
Iron Ore Consumption
Shows Marked Decline
By the Associated Press

CLEVELAND, July EDWIN
ding steel production caused a
drop of 1,028,184 gross tons in the
amount of Lake Superior iron ore
consumed last month.
The Lake Superior Iron Ore AS
sociation reported 6.238,535 tons
were used in June. compared with
7,276,719 in May.
During June. idle furnaces at
plants in the United States and
Canada increased from % to As.
Evening star., 1949-07-19
New York Produce

NEW YORK, July 10 dF9.-Flour easy:
f72 per cent extraction-lO0 pounds,
spring patents, 5.80-6.00; Eastern spot
soft winter straights, 4.75-5.40; hard
winter straiehts. $4,000.
Rye fiour. arm: Fancy patents 600
pounds, 4.70-5 90. Cornmeal firm 600
pounds) white granulated, 5.30-35, NOM
inal. yellow, 4.6Q-90.
Butter. .3 .7333'4is, steady: wholesale S,aSi
than 90 score (AA), 61k cents; a2 score
A(, .5as4; 80 score (B), 81; SO score
Evening star., 1949-07-19
New York Cotton

NEW YORK, July 10 lP.-Trsde ant
commission house buying accounted fol
moderate gains in early cotton futurei
dealings today. Part Of the trade demand
Mills were better buyers against. larger
sales of textiles In the past few days.
The Census Bureau report placing June
cotton consumption at 600.4a5 bales was
a little better than trade expectations OF
about $4,000 bales.
Noon prices were 35 to IS cents a
tale higher than the previous close
October 29s4, December 1914 and March,
Evening star., 1949-07-19
N. Y. Bond Market
LIST clSbiS ONLY AsiHsa.sa sssscfsp fss3rs


list INCLUDES ONLY sELRcTRD ISSUES
WORLD BANk Duo 1t 2As n 1olA
intBR6D2Ab. lol l ElsnJAE 3Xs7Olo5
NEW YORK CITY Erie 41as 2o1b- 81
rs SO loen1s Fla est IS ~ A6iA
FOREIGN l:lo 9 M&o :o44 So
o38 Hud&M In bs57 23h
Braz6Ha 26-57st 50 c AS o6 81
chile 2.3sa3 2sH ICC StL bs 63 A S5A
Denmk 41,s 80 - tntGtNor 6s b2 IS
Ell Salvd 3Has 76 SS Int lstbs52 "
rattan lst 3s77 IS LehV4hs20O3st 5A,t
noN1rcTIc ,.,h LehVaI4s2UO3s, 33]b
Am&F P 5s2O3O 81 LOU 13E 3Iason ioo
An, a III .rs.T 10 S,sS% 1oslI MKT As SO B s.
Az. u, Ts,T ga .e, 1o1lL Mo Pac bIas 40 asa
a Tsr $3.50 o7,l Mo Psc bs 77P 66l4
.n,rana..,aseo IoA,L Mo Pac gn As Is 45A
annToha.coasSo 1oAiS Mor&E3las2U0u s3iA
re 10. Isn Nat Dairy 2s47O1olA
a.iroastI os,A NYC RI IS 2O13 63N
a. Gsn ,s,A.1s sS,z NYC 4las2O13A 56ss
Balt&Oh bs9G 55B MvcI S.,i n 10 a., 20 go
p.itSSssK1nno ss,x NY Conn2 hs7h 6slh
sGo ~ v4hooro As,, ,NYNHinc4hs'22 37iz
Bethlehem IS 191o2 NM nm 4s.'w' ", o,x
Bost Me As 80 7AAIN ioW - 10 % ~
Brk G gas rs s7A Pac G&E 3s 79 lo4
Can Nat dJhs51 los PennR 4Las65 e8iA
Can psc As perp e4h PereMar 3sas stlnliA
celanexe a. az los Phil Co Avs 81 1c@ a
CnR NJ5s 81 sest Phila Fl 2'4s 81 lo3'A
en- RR Nj AZ 50 nCCStL 3'ss rs IS
cSO 3N,s ga D lo2 PubSvE&G 3s63lo4,t
GEO 3las 40 lo2 :tLSF 4has2O22 ooA
C &, gas 70 s5 seab in4i3s201e e4iA
CMStP4las2n1a 54iAi Sea A L 1926 1o2
CMStP4I2s2O44 - Soeony-V2l5s7H ~
CMstP4 1894 81 SoIudRy 2'4s94 u
A6IhI Sou Pac 41as 80 65st
CRIPin4 1as20l9 9oA SoPac4 l7sOr77 e4l4
CRIP4s "a lo7 So Ry Gas So 1ollA
Gin C.&E 2As75 lolss So Rv gn fs 56 s6lh
CCCSL 4las II so Sou Ry g As b6- sS
Clev El Ill IS 20 1864 Tex&Pac 37as55 seM
ClevUnTr5ks72 log Third Ave s. 80 19
Con Ed CIV IS SO lo6 Third Ave As so 4eS
Cons Ed 2s4s &c 90blWest Sh Is 1851 50
Day Pal 22475 lolM West On IS go 73h
D&RGw 3-4sa3 s9sAlWstElcv9 65sz3 1o1M
pet Ed CIV 3s IS looAl AlYonkE&P2Sss16 96LA
Evening star., 1949-07-19
u. ). Chamber Warns
New Pay Raises May
Close Many Plants
By jones Y. Newton

The United States Chamber of
Commerce was on record today as
warning that further wage in
creases might close up many in
dustrial plants and add to the list
of unemployed.
Herman W. Steinkrsus, the
chambers president, called on
labor to forgo a fourth round of
pay increases and on business to
reduce prices as rapidly as pos
sible. He issued reply to the
recent report drafted for the CIO
by Robert r, Nathan. economist.
who claimed that wage boosts
would bring prosperity by buoying
purchasing power.
prosperity cannot be coaxed
back by forcing higher wages, and
1t seems a very poor time to put
such an added strain on Amer
ican industry" Mr.. Steinkraus
said
Lower Prices to Benefit All.
He added that lower prices will
benefit all of the people, whereas
a fourth wage round will benefit
perhaps only 100000 workers in
certain industries.
More likely 1t might increase
unemployment and close up many
plants which simply could not
afford to pay those higher wages
and keep operating" Mr.. Stein
kraus said.
Meanwhile, Emil Rieve. president
of the CIO Textile Workers. told a
full employment conference" of
the Americans for Democratic
Action here that many jobless
workers already are paying atten-
ton to Communist preachings
adding that cities and towns hard
hit by unemployment make "a
wonderful breeding place for COM
munism."
The ADA is a political organiza-
ton including many who were once
prominent in the Roosevelt New
Deal; its rules bar Communists
from membership.
IInemployment Aids Reds.
"All the agitation in the world
by the Communist Party in the
United States during the years OF
full employment bore almost nc
results" Mr.. Rieve said.
During the past few months
however. it Is clear that in des-
peration many of the unemployed
workers are at least giving ar
ear to demagogic appeals of the
Communists.
You don't have to like COM
munism or be sympathetic to II
to realize that so long as unem-
ployment continues and grows In
the United States. the Communists
will have field day."
Joining Mr.. Rieve. in voicing
appeals sfor Joint acton by busi-
nessmen, workers, farmers and
Government in planning for ar
expanded economy to provide jobs
and purchasing power were Leon
Keyserling, vice chairman o1
President Truman's Council o1
Economic Advisers; Senators Muir.
iray.s. .Denaocrat dot Montana Alsd
Humphrey. Democrat. of Mime
sofa: Secretary Of Labor Tobin
and Charles M. La Toilette, ADA
national director and former Re-
publican Congressman from In
diana.
Bowles Heads List.
Gov. Bowles of Connecticut, for
mer Federal price control chief,
headed the list of officers for the
conference.
Mr.. Bowles said in his prepared
speech that Russian leaders know
their best hope of a smashing
tbloodless victory in the cold war
lies in an America beset with Sc
we're economic problems"
He said "all the New Deal
Evening star., 1949-07-19

Securities Acceptance Corp.
earned $710,176 or 81 cents In the
nine months ended June 80, VS..
$504,336 or 80 cents.
Evening star., 1949-07-19
N. Y. Curb Market
LIST INCLUDEs oNLv sELEcT1D ISSUES

LIST INCLUDED ONLv 8ELkIT8D IboUeS
lis imp Oil Ltd y 15h
Air Associates $50 int Petrol reg n eh
Alum Co Am 2 . 5ott Kaiser-Frazer ass
Am Gas & El 3 As Lanston Mon "a 20
Am Nat G .aog 29A long Island Lts Sc
Am Superpower- N Lou Land&E la 2oM
ArkNatGas .oug 9lslMich Sug pf30k IN
ArkNatGsA .3ne 9h MountProd 7Oa IL
AshldOil pf ] 30 22l4l niagara Hud Pr llS
All Coast Fish 23s| Mag ShCp l5g loss
Breeze Corp Miles Bem-P 10 63A
Cal&Edm Cp 10 Ahs Northrop Airl4e GA
Carter w 40 Panacoastal Oil 23s
Chief Cons Ming 3aIPantepecOil 90 6Is
Cit Service pa Aelh Pennroad lae-- 7N
Colonial Airline A3sI Pepperell IA - 54I7
Colts Mig 3e Piper Aircraft Ia
CornucupGMin hiProducers Corp Ia
Creole Pet 1Iag 81 Rio GVGas 05g 1zs
Dom Stl&coal / 13M Ryan Aero log AM
Ell Bono&Sn hae 14A ScovilI Mfs 2 PAN
Eureka C Ltd hs Segal Lock e. H
F'childE&A zoe Al4 Solar Alrc to SM
FansteelMet 4e 1oIA Std Cap &, Seal eit
Frank Simon. g TobSecLtd 051g "a
Sen Plywood IN Tri-Cont WV 2k
GlenAldCoal "a l6zs United Corp wv -,
Goldfleld Con 10 Unit Lt&Rys II ~
HaZeltinl Corp u Waltham Witch N
Hearn Strs- - 7M Waltham vic wi IN
| Eecla Min 1oib Wilson T3rOS Al
Evening star., 1949-07-19
FOREIGN Exchange

NEW YORK July 10 lpt-Fore1sn ex-
change rates follow (Great Britain in
dollars. others in centsl.
Canadian dollar in New York open mar
ket, 5hs per cent discount or "a s1ls
United States cents. up IA OF cent.
Europe-Great Britain tpoundl. O3H,
unclaimed; 3O-day futures, 4.CO14 un-
changed; soday futures, 3a4,,. nn-
changed France franc. 3n's OF 3
cent, unchanged; Italy llira1. July fyed
rate. 0O113a; June. .001 73o: s"e'eI
tkronal. - SIS, unehanged Switzerland
franc freel, %5.l4, uo .pl a cent.
Latin America tree), 90 %.
unchanged; Brazil freei, $50, uncharsed;
Mexico II 81. unchanged.
Philadelphia Transportation Co.
and subsidiaries reported net
loss of S1.314.497 for the first half,
VS.. deficit Of $479,138 in the 1948
half
Evening star., 1949-07-19
Dividends Announced

NEW YORK. July 10 lR.-Dividends
announced today:
Pc. otk Of Pay
Rate. rfod. record. able
winter D. CHAMPION 2bc T-26 e-l5
Evening star., 1949-07-19
Washington Exchange

Potomac Elec Pwr com-10O at IA, at
II, 3 at IA
Garfnckel 5hafc pfd--20 at 1879.
Potomac Elec Pvr com-10 at IA, 2
191.