davidaulloa/AmericanStories huggingface dataset:
Evening star., 1950-07-02
Heavy Selling Pounds
Corporation Bonds
Downward in Week
BY the Associated Press

NEW YORK, July War
nervous sellers subjected the cor
porate bond market to a damaging
drubbing this week. The onslaught
provided a fast finish to a six
month period in which prices were
slowly but constantly on the de-
cline.
Railroad, utility, industrial and
United States Treasury bonds all
closed the first half of 1850 at
price levels lower than the new
years starting point. Only foreign
dollar issues advanced during this
period and their gains were chop
ped down considerably in the past
week.
January Is served as a pivotal
point for bonds, since corporates
and treasures advanced steadily
all through the last half of 1949
then turned abruptly and were in
retreat by mid-January.
The outbreak of the Korean wal
took the bond market by surprise
Selling orders flooded the market
Monday and Tuesday, battering
down prices in one Of the sharpest
two-day declines in many years.
Subsequent bad news further fat
tened corporates Thursday and
Friday after a brief rally Wednes-
day.
Hardest hit by the violent drop
OF the market were debenture is
sues convertible into common
stock. closely followed by specula-
tive railroad bonds.
Consolidated Edison convertible
IS. for instance, were 14l2 points
lower for the weeks work. Capital
Airlines "B" As lost 1914 points in
the five days and American Tele-
phone 2As of ST dropped ia
points.
The Associated Press average of
20 rails had the widest decline in
years, Stacking off IL points at
93.1. Foreign dollar bonds fell
even faster-2.1 points at 1911.
The weekly declines for industrials
and utilities were more moderate.
The weeks volume of $31 $685.
900. par value. compared with $16,-
322 500 the week before and was
the highest total since $37, ,043 800
changed hands in the six days
ended January IA.
Dealers will have a chance to
relax next week. No corporate
bond issues are scheduled for sale
and the municipal offerings will
be cut to $24. .231 800, a 1850 low,
from $96,389. 1886 this week.
Evening star., 1950-07-02
Metal Quotations

NEW YORK, July / (R.-Spot
non-ferrous metal prices today:
Copper. 22a cents a pound. Con-
necticut Valley; lead. IL cents q
pound, New York; zinc, Is cents a
pound, East st. Louis; tin, 1874
cents a pound, New York.
Evening star., 1950-07-02

Of the department fund raising
committee, has announced the
following cash awards made in
connection with the departments
phantom dinner project: Vincent
B. Costello. SIS, Second Division,
$40.
Financial obligations Of units
must be settled with the depart
ment not later than July 26. the
date set for the closing Of the
books for the current year. Unit
treasurers should send returns to
the department treasurer. Mrs.
Sarah Deery, department head
quarters or to her home, 243l
Newton street NE.
Mrs Esther Carrico, department
red cross chairman, has issued q
call for blood donors in the name
of the American Legion Auxili-
ary. A cup has been offered by
the Legion and will be awarded to
the unit having the most donors
listed on the books of the Blood
Donor Service, D. C. Chapter Of
the Red Cross, 1880 e street NV.
All per capita sheets for re-
newals and new members for 1850
must be turned In at department
headquarters not later than July
"A. Mrs. Pearl Heagerty. depart
ment membership chairman.
urges all units to concentrate on
obtaining renewals Of all unpaid
1949 members.
Meetings this week:
Sunday - Volunteer Hospital
Workers, Mt. Alto Hospital, 1:30
pm. e
Friday-U. S. Department Of
Agriculture Unit. Ward F-3.
Mount Alto Hospital, 1880 pm.
Saturday - Volunteer Hospital
Workers. Mount Alto Hospital,
1880 pm.
Evening star., 1950-07-02
AuxiIiaries
Elect New Officers;
.0fher Activities

Several units of the District of
Columbia Department. The Amer
lean Legion Auxiliary. last week
elected new officers. They include: !:
Fort Stevens-Mrs. Mary S.
Jones. president; Mrs. Elizabeth
Royston and Mrs. Rae Gloeckler,
vice presidents; Mrs. Cassie Whet-
eel. chaplain; Mrs. Cecille GAL
lion, historian; Mrs. Hedwige
Baudoin, sergeant at arms: Mrs.
Rose Blair and Mrs. Nellie
Trichie. color bearers; Mrs. FL
eanor Vert. secretary and Mrs.
Rena Dessez. treasurer. Mrs.
Bertha Fichthorn was unani-
mously endorsed as a candidate
for Office of department president.
National Capitol: Mrs. Vera
Shisler. president (re-elected) !;
Mrs. Elizabeth Ausley and Mrs.
Juanita Millard. vice presidents;
Mrs. Mabel Cook. chaplain; Mrs.
Jessie Curran, historian; Mrs.
Bertha Dunn, sergeant-at-arms;
Mrs. Madeline Tyler and Mrs.
Evelyn Arnston, color bearers.
Mrs. Carrie Kiser was appointed
rehabilitation chairman.
U. s. Maritime: Mrs. Faith c.
Windsor, president; Mrs. Mary
Lou Jones. Miss Julia DuFore and
Mrs. Helen Waters, vice presi-
dents; Miss Trula Murphy, chap
lain; Miss Lydia Neinas, his
torian; Mrs. Mary ,Maglian, SER
geant-at-arms; Miss Jeanne Mon
day and Miss Janet Macon, color
bearers.
Cooley -McC Cullough: Mrs. Ethel
Broughton. president; Mrs. Mil
dred Reiter, Mrs. Rae Zaontz and
Mrs. Fonda McVickers, vice presi-
dents: Mrs. Martha Hopes, chap
lain; Mrs. Hattie Byram, his
torian; Mrs. Elsie Stewart, SER
geant-at-arms; Mrs. Ann Zaruba
property custodian; Mrs. Ethel
Lynch and Miss Doris Harris
color bearers.
All department and unit color
bearers have been requested tc
take part in the flag procession
which will precede the program
arranged for the Districts OBJ.
servance OF independence Day
They are to report to the depart
ment sergeant at arms, Mrs. Mabel
Pugliese. at the base of the Monu-
ment on Tuesday at $50 pm
Seats and space for parking cars
will be provided for all color bear
ers participating in the ceremonies.
Mrs. Frances Snow, department
memorials chairman, requests all
units forward to headquarters the
names of all members deceased
since last years convention, as
well as the names of their memo
rial chairmen who are to partici-
pate in the memorial service which
viii be held on the opening night
OF the annual department conven-
ton. August 10, at the Willard
Hotel.
Mrs. Clara Newton, department
music chairman. will preside al
a meeting of the unit music chair
men. Wednesday night at 8 o'clock
at her home, 2711 Wisconsin ave.
nue. NV.
Mrs. Ruth A. Rainey, chairman
Evening star., 1950-07-02
CURB 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
Evening star., 1950-07-02
BOND 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 wee's
and the net change from the previous
weeks close.
Evening star., 1950-07-02
Over -the-Counter Morket

The following bid and asked quotations
on washington securities traded over the
counter renrs represent prices at which one or
ASSOCIATION OF Securities Dealers, Inc
tg would trade with the general public at the
LINE tne quotations were assembled for
THE Star. as Of FridaY nnnn .Vt
Evening star., 1950-07-02

HaCeS OF d1VldendS IN the 1oregOing
table are annual disbursements based on
the last quarterly or semi-annua1 declara-
ton. Unless otherwise noted, special or
extra dividends are not included
x Ex dividend. xr Elk rights. cid Called
rat Ps wv With W. WtSsp %s
warrants. a Also extra or extras b Plus
stock dividend, Cash or stock eDe-
clared or paid so far this year. Payable
in stock estimated cash value on ex-diyi-
dend date. Paid last year. h Declared
or paid after stock dividend or split-up
latiye issue with dividends in arrears.
p Paid this year: dividend omitted. deferred
or no action taken at last dividend meet
ing: .r Declared 1949, payable in 1850.
wd When distributed. x-dis Ex-Distribu-
ton. y Liduidating dividend Payable
In stock. exact cash value undetermined
on declaration dAts.
Evening star., 1950-07-02
Investing Companies

NEW YORK. July LF.-Nationai As
ISOLATION Securities Dealers. Inc. Closing
Evening star., 1950-07-02

Mrs. Clara Newton, department
music chairman. will preside at
IA meeting of the unit music chair
men. Wednesday night at 8 o'clock
at her home. 2711 Wisconsin ave-
nue. NV.
Mrs. Ruth A. Rainey, chairman
Evening star., 1950-07-02
Produce Markets

.plus extra or extras. +pa
Evening star., 1950-07-02
Washington Stock Exchange
(Report Compiled BY Exchange OfficfalsJ
ON WASHINGTON STOCK EXCHANGE FOR YEAR 1850 UP II
INCLUDING

TRANSACTIONS ON
The Nome nugget., 1950-09-01

Four feminine professors from the far corners of the United States were members of the 1850 Summer Session faculty at the University of Alaska. AS they pre- pared to return to their respective schools, they pronounced them selves as goodwill ambassadors for Alaska and for the Territory's University at College. Thousands of our students will hear how grand flask is and how exception al are the educational opportuni- ties at your University"
 Jessie Warlaw Williams, assist ant professor of education, Chico State College, California, had charge of the Elementary Work Shop, one of the most popular
The Nome nugget., 1950-09-01

courses.
 Dr. Minnie J. MerrellS, assistant professor of education at the Uni versity of West Virginia, taught The Philosophy of Education, and was much in demand as wom- ans club speaker
 Frances Jensen, a Research Eel low at Cornell University, taught weaving and clothes construction at the summer session.
 Christine Heller, of the Territo- rial Department of Health in Jun eau, is now enroute to Cornell University to complete her doctor ate. Miss Heller taught classes in Botany and lectured on "The Edi- ble Plants of Alaska"
The Nome nugget., 1950-09-01
No Excitement In High Grade Ore

ANCHORAGE, (P)-Forty years ago old-time prospector Aard Strauf would have been jubilant over striking high grade ore as- saying $1,6O0 per ton.
 But unlike the old days, there's little excitement among Strauf and other miners today.
 Hand-drilling in the hard rock of the Willow Creek district, Strauf and his partner expect a $1O,OOO cleanup this season. They pack the ore four miles on their banks, then carry it by auto to the Index Mine for milling.
 "The price isn't right to import machinery Strauf decalres
The Nome nugget., 1950-09-01
Constellation
 Crashes In k gypt Killing Fifty-Five
Continued from Page One)

Turner of the Middle East"
 The Americans listed aboard in cluded Aubrey William Schofield, g, a native of San Antonio, Tex, who has been living in New York. He has been manager of the east ern hemisphere foreign production division of the Gulf Oil Company.
 Another American was listed as William C. Gist, son of Justice Err win Gist of Lake City, Ia. The sen- for Gist is administration services and transportation officer at the U. s. embassy in Cairo.
 The plane left Cairo for Rome at 1:3O a.m., local time. It was last heard from at 1:57 am. First indication that it had crashed came when it was reported over due at Rome five hours later.
 The loss of 55 lives would make the crash one of the most disas- .rous in world commercial avia- ticn history. The heaviest death
The Nome nugget., 1950-09-01

toll in American commercial avia- ton was exacted last June 24, when 58 persons died in a North west Airlines plane crash in Lake Michigan. The heaviest toll in commercial airline history was March 2 this year, when 80 per- sons died in the crash of British transport near Cardiff, Wales.
The Nome nugget., 1950-09-01

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Evening star., 1950-03-06
Swedish Ships Freed
After Being Held by Reds
BY the Assoeioted Press

STOCKHOLM, Sweden, Mar.
Two Swedish trawlers arrived
in Karlskrona late last night after
spending fortnight in Russian
custody in Soviet harbor in the
Baltic.
The captains of the trawlers
Marion and Larex told reporters
soldiers from a Russian patrol
ship interrupted their fishing and
forced them at gunpoint to take
their ships into the harbor of
Neukuhren in Russian-occupied
East Prussia.
Their ships were Systematically
searched and crew members were
questioned continuously, day and
night, sometimes for IA and Is
hours without interruption" Capt.
Knut Nilsson of the Larex said
Capt. Ernst Person of the
Marion was quoted as saying he
had seen "a whole foreign fishing
f1eet"-Six Danish ships, one
German vessel from The British
zone and a third Swedish vessel.
ALI, he said. evidently had been
captured by Russian patrol ships.
The two ships were released
following . query to Moscow by
the Swedish Foreign Ofnce.
Evening star., 1950-03-06
BY the Assoeioted Press

FRANKFURT, Germany, Mar
Ga United States Army lieu
tenant testified at the murde.
trial of Mrs. Yvette Madsen today
that she slapped him in an argu-
ment over Southern and Brook
lyn accents short time before
her Air Force husband was slain
Pretty, Brooklyn-born Mrs
Madsen. 22-year-old mother OF
two children, is charged with first
degree murder in the shooting OF
her husband, 1t. Andrew E. Mad
sen, at their home October 20
after a party.
She collapsed, when testimony
was given on finding of her hus-
bands body, and court was re-
cessed. Her council had entered
a plea of not guilty by reason of
insanity at the opening of the
trial.
1t. Laude w. Shelverton, host
at the party the night 1t. Madsen
was killed, told q three-judge
American court today that he and
Evening star., 1950-03-06
Northeast Bandit Robs
Clerk, 19, Of $2,025
During Trip 10 Bank
Auto Supply Shop EmpIoye
Reports Robber Wore
Patch Over Right Eye

A l9-year-old auto supply clerk,
en- route to a bank to deposit
weekend receipts, told police he
was held up and robbed of $2,025
three blocks from the 18th police
precinct station today.
The victim. John T. Reed, 5O37
Fifty-f1fth avenue, Rogers Heights,
Md. said the bandit came up be-
hind him as he neared Twentieth
street and Rhode Island avenue
NE, stuck a gun in his back and
walked off with the money. The
cash and 1,409 in checks was
wrapped in a brown paper bag.
The bandit was described as
about 80 years old and 5 feet
inches tall. He wore a brown hat,
dark brown overcoat and a white
patch over his right eye, police
we're told.
Warning the clerk not to look
around, the man walked to the
curbing and got into a car. It
was then, Mr.. Reed said, that he
got glimpse of his appearance.
Mr.. Reed said there were two cars
near the scene and the bandit got
into either a maroon Dodge sedan
or a 1948 Cadillac.
He left the Western Auto Supply
store at 1871 Rhode Island avenue
NE, about 11:10 am. to go to a
branch of the Hamilton National
Bank at Mills street and Rhode
Island avenue.
Evening star., 1950-03-06
Reds to Occupy East Germany
As Long as Allies Stay in West
German PoIitburo Member Denies Rumors
Thot Soviet Troops May Be Withdrawn

here at the opening of the Leipzig
Trade Fair.
The Politburo veteran, who de-
clined use of his name, said he
saw virtually no chance of unfit
cation of Germany.
In the Leipzig Fair, East Ger
many is making a new but doubt
full bid for world trade.
State owned industries ranging
from microscopes to locomotives
contributed 1900 of the $500 for
eign and German exhibits. There
are about $500 exhibitors from
Eastern Germany, plus about loo
from foreign countries, mostly
Soviet satellite areas.
Buyers from Chicago. Stockholm
and Bombay were among the 5000
foreigners due to inspect the So
Wet zone wares.
Despite the political division Of
their country, $50 West German
manufacturers participated.
The Soviet Union took over ar
entire pavilion for its display o1
propaganda and technical pro-
ducts.
A 16-foot red plastered statue Of
Prime Minister Stain confronts
visitors to the pavilion.
Evening star., 1950-03-06
(See COAL. Page A-3)
Martin Hutchinson Named
To Fill Vacancy on FTC

Martin A. Hutchinson, Rich
mond lawyer who unsuccessfully
sought to unseat Senator Byrd,
Democrat, of Virginia, in 1916,
was nominated today by President
Truman to be member of the
Federal Trade Commission.
Senator Byrd has been a fire.
quent critic of Truman admins
tration policies.
Mr.. Hutchinson would serve the
unexpired term of the late Ewin
Lamar Davis, which runs until
September 26, 1858.
Mr. Hutchinson, 81, is a native
of Giles County, Va.
He is a veteran of the World
War I, member of the Masonic
fraternity and a Methodist. He
has had several State posts. In
the administration of Gov. Price
he was chairman Of the Virginia
State Compensation Board.
Evening star., 1950-03-06
Truman 10 Start Yacht Trip
To Key West Sunday

President Truman will leave
Sunday for Key West on a vaca-
ton that is expected to keep MN
away from Washington about
three weeks.
The President will make the trlp
aboard the yacht Williamsburg
instead of flying as he has done
previously. The return trip prob
ably will be by air. The Williams
burg will leave the Naval Gun
Factory at 10 am. Sunday morn
ing and later in the day will pick
up a destroyer escort off Point
Lookout. She is due in Key West
the following Thursday morning
When the trip was originally
planned. the President had ex-
|pected to go to Key West through
the Inland Waterways route, but
the Williamsburg draws too much
water to negotiate that passage
throughout. Consequently, the
usual coastal route off the Vir-
ginia capes will be followed. MIR.
Truman will be accompanied only
by members of his staff.
Evening star., 1950-03-06
7 Chever|y Women Hurt
In 2-Car Tuxedo Crash

Two Cheverly women suffered
minor injuries early today in a
two-car. collision in the $500 bloch
OF Tuxedo road, Tuxedo, Md.
Prince Georges County police
listed the injured as Mrs. Julia
M. Lodowski, 46. of 2424 Lake
avenue. and Mrs. Anna Arakelain,
As, Of the same address. Mrs.
Lodowski suffered knee and back
injuries while Mrs. Arakelain re-
ceived back and head injuries.
Both were admitted to the Prince
Georges General Hospital.
Police said cars driven by Mrs.
Lodowski and Charles j. Stro-
man, Is. colored, of 721 Fifty
first street NE, were involved in
the crash which occurred shortly
before 4:30 am. Mr.. Stroman
was unhurt, police said.
Evening star., 1950-03-06
Big ; Ministers 10 Study
Possible Soviet Meetinq
By the Assoeiofsd Press

PARIS, Mar. 6.-British, French
and American foreign ministers
will discuss possible meeting
with Russia when they meet in
London next month, French For
eign Minister Robert Schuman
said tonight.
An authoritative source said the
Big Three meeting will be April IL.
At the same time. foreign min
listers of the IL Atlantic Pact ma
tions also will convene in London
to discuss mutual defense prob
lens, the informant said.
London was chosen for the
meeting, he said, because the last
two previous meetings were in
Washington and Paris. Also. he
said, "the Labor government of
Britain wanted a gesture to show
that its prestige in international
affairs was not impaired by the
narrow majority by which it won
the recent election"
Evening star., 1950-03-06
Officer Slapped by Mrs. Modsen
For Jibe at Her Brooklyn Accent

Mrs. Madsen engaged in a mild
argument over accents.
'"It was sort of a Civil War af-
fair" he said. "She mimicked
my drawl so I said to her, Now
let's hear some of your Brook
lynese.'
He said she finally slapped him
across the face.
1t. Shelverton said she went
to her husband, talked with him
briefly, got the keys to the Mad
sen car, and left.
1t. Madsen stayed at the party
for another half hour and another
officer gave him a ride home.
District Attorney w. Fred
johnson said he would prove Mrs.
Madsen, on arriving home, got a
gun, loaded it and then wrote a
note.
He contended she extinguished
most of the lights in her home
and sat in the dark waiting for
her husband. When 1t. Madsen
entered, Mr.. johnson said. she
fired from point-blank range as
he stood silhouetted before the
foyer light.
Evening star., 1950-03-06
laboriteReginne
Shelves Further
Naturalization
Seeks Tighter Hold;
King Gives Speech
To New Parliament
BY the Associoted Press

LONDON. Mar. Britain S
Labor Party, put further nation
alization on the shelf for the time
being today in a bid to strengthen
its shaky hold on the helm OF
government.
Labor's majority, 148 seats in
the last Parliament, shrunk to
seven seats as result of the
February % elections.
The governments immediate
prog am was disclosed in a speech
written by the party for King
George vi. The speech. delivered
from the throne at today's formal
opening of Parliament. was one
OF broad generalities, notable for
what it did not say rather than
for what 1t did. It heralded a
very bland diet for the immediate
future.
Thousands Line Route.
Parliament opened with its
usual pomp and circumstance.
Thousands of Britons lined the
route from Buckingham Palace to
Westminster to see King George
and Queen Elizabeth drive in state
to inaugurate the new body of
lawmakers.
The Kings speech made no
mention of new naturalization of
industries, the basic plank in
Evening star., 1950-03-06
Summation Refused
By Judith Cop|on's S
Defense Attorneys
Spy Trial Is Speeded as
Lawyers Continue in
'Sit-Down' Policy
By the Associofed Press

NEW YORK, Mar. 6.-Judith
Coplon's lawyers announced today
they will not make a summation
in the spy conspiracy trial of the
+ ex-Government girl and Valentin
A. Gubitchev. Soviet engineer.
Thus the case may go to the
jury late today-a year and two
days after the arrest of Miss
Coplon. %. and Gubitchev. 33, on
charges of conspiring to pass
United States defense secrets to
the Russians.
Federal Judge Sylvester J. Ryan
arranged to give his charge to the
jury after today's summation by
Gubitchev's lawyer, Abraham L.
Pomerantz.
I'VE do not propose to sum up"
Judge Ryan was told by Samuel
Neuburger, one of the three law
yers assigned by the court to Miss
Coplon after she dismissed Archi-
bald Palmer as her counsel in mid
trial.
Neuburger Hews to Line.
Mr.. Neuburger thus followed
the same tactic he adopted from
the outset-refuses to cross-ex-
anime Government witnesses and
refusing to call a single witness
in the defense of the former JUS
tice Department employe.
He indicated plainly that he is
confident a higher court will re-
verse any conviction that might
be voted by the jury of six men
and six women.
Mr.. Neuburger and his asso-
ciates have moved unsuccessfully
for a mistrial, contending the
nine days given them to prepare
Miss Coplon's defense was not
enough. They asked for 60 days
but Judge Ryan denied the re-
quest.
Mr.. Pomerantz, making his
summation before Government
lawyers summed up their case
against the defendants, asked the
jury to overcome any prejudices
stemming from the rather hot
cold war" in weighing the evi-
dence.
Any Government employe found
within 100 feet of a Russian is a
dead duck" Mr.. Pomerantz told
the jury. II want you to try,
try and try to overcome these
prejudices."
If convicted on the various
counts of the indictment, Miss
Coplon could get up to IS years in
prison and $4,000 fine, and GU
bitchev up to Is years and s20, 900
fine.