davidaulloa/AmericanStories huggingface dataset:
Evening star., 1950-06-18
Business Briefs

Steel Mill Operations in the
Pittsburgh district are expected to
average 102.5% of rated capacity
this coming week VS.. 102.6% in the
last week. Youngstown district
operations are expected to hold
unchanged at 1867.
April Steel Shipments totaled
$3.50. .453 tons, highest figure in 13
months-American Iron g. Steel
Institute. Shipments in four 1850
months totaled 22,119,319 tons VS..
23,217,000 a year earlier.
Wholesale Price Index of the
Bureau of Labor Statistics reached
156.7% of the 1926 average on
June 13, a drop of .4% from a
week earlier, a gain of so from
four weeks earlier and 1.2% above
a year earlier.
Armstrong Cork Co. announced
prices of its standard felt base
rugs and floor coverings have been
cut about SO. A cut in the price
OF cork tile to equalize prices for
all three regular sizes also was
announced.
James Lees & Sons Co. an
nounced a SO increase on wool
carpets. 1t was the company's
fourth price advance this year.
Most other carpet makers recently
raised prices for the third time
this year because of higher raw
wool prices.
Allied Chemical & Dye Corn.
directors called a special meeting
OF stockholders July 81 to vote on
a proposed 4-for-1 split in COM
pany stock. Directors decided in
April to present the plan.
Haloid Co. will offer rights to
common stockholders to subscribe
for AZ, ,183 additional shares at the
rate of one new share for each
three held.
Southwestern Bell Telephone
Co. was granted a second-round
rate increase of $3,50O,00O a
year by the Missouri Public Serv-
ice Commission. The company
sought a $5,000.000 boost.
A. o. Smith Corp. will fabricate
the pipe for the 1,331-mile trans
mission project to be built by the
Texas-nlinois Natural Gas Pipe
line Co. of Chicago. a subsidiary
OF Peoples Gas Light & Coke Co.
Poor e. Co. has entered the
highway machinery field with the
purchase of nearly all common
stock OF Pioneer Engineering
Works of Minneapolis. Poor g. Co.
makes railway equipment.
Spiegel,. Inc, sales in May
totaled $11,773,803. a rise of 1880
from a year earlier; in five
months, $52,7O5,734, an increase
of 14.4%.
United Shoe Machinery Corn.
earned $685.. .224 or $2.55 a share
IN the year ended February % VS..
$7,677,87l or $3.15 in the previous
year.
Kelsey Hayes Wheel Co. net in
come for nine months ended MAY
81 was $2,621,356 VS.. $3,677, ,8O9
in the same period last year.
National Radiator Co. earned
$473,S 1882 or $1.29 in the year ended
March 81 VS.. $303.7O4 or "a cents
in the previous year.
Crowley, Miner g. Co. will call
its prior preference and preferred
stocks for redemption on July II
as a result of the consummation
OF a 81 million, 15-year loan from
a bank and insurance company.
Evening star., 1950-06-18
Drop in ConvehibIes
Attracts Attention in
Lower Bond Market
BY the Assoeioted Press

NEW YORK, June ia con-
gressional committees move this
week to fill a tax law gap reversed
o sustainer advance by convertible
debt issues.
A violent sell-off Friday knocked
to 4 points from issues that in
the previous eight sessions had
posted net gains ranging from
to more than 10 points. The sud-
den declines nearly halved most of
the gains.
Much of the weeks activity CEN
tered on a group of nine issues
convertible into common stock
These nine constituted nearly hall
Of the total weeks trade of $685.
665.700. Last week the turnover
was $27.149, 800.
Railroad. industrial and utility
issues moved narrowly, but the
trend was always down. Rails
registered a net loss of q of a
point for the weeks work, closing
ut 94.4 in the Associated Press
averages. Utilities were of 2 on
average and industrials dropped i
Federal Bonds Down.
The Victory Loan 2Rs of De-
cember, 1972-67, again paced a
decline in bid prices Of United
States Treasury bonds. The ''Vics'
closed the week of 1882 Of a point
at 101 1882 bid, a new low for the
current movement. The worst
slump in Treasures came Friday
after the Federal Reserve System
announced it sold $45 million of
United States Government issues
from its own portfolio in the week
ended Wednesday.
The rise in the convertible is
sues started June 6. one day after
the United States Supreme Court
ruled that for income tax pur-
poses an investor legally could de-
duct the difference between the
premium he paid for a convertible
issue and its call price.
The House Ways and Means
Committee Immediately went to
work on the problem and Thurs
day adopted an amendment to the
tax bill that would eliminate the
deduction. This action sent the
rampaging convertibles into a
tailspin.
Large Offering Due.
Next weeks docket of corporate
financing totals $158.500,000 and
will bring the aggregate for the
flrst three weeks of the month to
just over q half-billion dollars.
Columbia Gas System tops the
list with $110, 100000 of debentures
next Tuesday.
Other issues scheduled for sale
In. the coming week: Monday
Arkansas Power g. Light Co., So
100000 of first mortgage bonds:
Indiana & Michigan Electric Co.,
100000 900 of first mortgage
bonds, and Mississippi Power 8,
Light Co., $7,500.000 of first mort
gage bonds. Tuesday-Kansas
City Power & Light Co., $15,O00,-
900 Of first mortgage bonds.
Evening star., 1950-06-18

Mr.. Brewer was formerly with
the Riggs National Bank, later an
assistant national bank examiner
entering the investment field in
1889. He belongs to the Board
of Trade and Congressional Coun-
try Club.
Mr.. Becker will manage an
Office which the firm is opening
at 8616 Georgia avenue In Silver
Spring. In the business 20 years,
he is a member Of the University
Congressional and Army and Navy
Country Clubs. He will be assisted
by Richard L. Bruce.
Institute HOn0rs Awarded.
More than 200 members and
guests of Washington Chapter
American Savings and Loan In
stitute, attended the graduation
dinner in the Shoreham Hotel
Terrace Room last night and saw
122 certificates presented to honor
students by President Stuart o.
Thompson.
Fred A. Smith, president Of the
District Building and Loan League
assisted in distributing the honors.
The principal speaker was Carl
F. Distelhorst. vice president and
director of education Of the ma
tional institute.
S. w. Frye. jr.. was installed
as the new president; Anne Fague.
first vice president; Charles Fra
zier, second vice president; Mary
K. Doyle. secretary; Mildred G..
Foore, treasurer: Doris Ebbert,
assistant secretary; Mabel H.
Cross, assistant treasurer. New
directors are Mr.. Thompson, j. D.
Stadtler, r. F. McConkey and
Miss Loving.
Gas Sales Rise Sharply.
In the first five months of this
year, sales of the Washington Gas
Light Co.. reached 102, ,11S,096
therms, compared with 81, ,229, ,162
"a year ago, jump of 24.19 per
cent.
May sales of 14,101,737 therms
were 27.54 per cent ahead of May
a year ago. Cool weather this year
and many new customers were
leading factors in the upswing
officials said.
Sales in Washington depart
ment stores for the week ending
June 10 were II per cent above the
same week a year ago and % per
cent ahead of the preceding week
this year, the Richmond Reserve
Bank reported.
Clyde r. deHaas has been made
assistant secretary of the Equit-
able Life Insurance Co. of Wash
ington. and Harry j. Overman
assistant treasurer, in charge OF
mortgage lo%1s.
National Bank of Washington
rights" are being quoted at SIC
each over-the-counter.
Evening star., 1950-06-18
Chicago Livestock

Bile hSss 5oG June totai II 5ca
oWeF soWs ano moss psrTSyi % o~sa Sa ss a, 2
ceipts ran larEsly to sao-s7o Is. butchers M
and to sows: Weeks top was 90 80 paid
n0aaa' ana eaee Sh 'Gs6s ssosSD D RS Mos,
closed ct 10. s5-2o.1 .15; 240-27o lbs. al
19.0o-1s7 75: few 2so:3S lbs. at IS 90
Msis s0Ss isW s7S shtx.lsnts Ss .as s0T1
1900; 4oo-45o ID. weights i5.s5-IS2S; );
475-600 lbs. at 14.0O-15.25.
Saiabis cattle. 800 Estimated; total
this week equal to the iightest in over
strong to 80 hisher, over 1.16o lb oS; weisht. fS
ait5housh. an5 ugh. extreme top rs lower: cutters
otSerg ohn gcoo COD, beef COWS str9ng to 25 hgher
fsher and at 0 new high 0sts snce on JAM =:
vary, 1949; .yealers steady to 90 higher;
stockers and feeders scarce, slow. weak
d stsers eScs sns sn 20 and medium Weigh
choice fed steers 29.25-3a. 90, two % load! adj
GOOD L ,696 lb, weishts 29. so. mostly choice
steer. e WeGnt' anS medium t;
26:50-29 90; few loads choice heifers anc
mixed yearlings 31.25-32O 90, bulk gooe
Ha eSof sesIs R9st medium mas
sssf @ cows late Is,oo-ss. %, cam canners sosa1 and
sausage Bulls SsVi late ss.oo~ns4.So: ~ medium ned to
choice yealers 26. .0O-30 90. Gull ano .ur.
mon 19:0o.25.00; two loads 1000 ID
choice quality half-fat steers on replace.
ment M account 1925. most good and choice
a50,S50 1b. feeding steers and -yearlingi
2S.00-30.00, common light SouthVes1
StScksrs ,tssas. :. down to $500. load 500 ID
saiable sheep. 100 testimated,: total moi
gwen; compared week ago: spring lambs
slaughter lambs and yearlings i.0O-1 80
lower. spring lambs in slightly inceraset
supply and showing. full decline: sheep sc
70 LOO lower; receipts locally and in ag-
gregate only moderately slow last week ans
well above corresponding week year earlier
dressed trade narrow. and sharply lower
especially in East closing last week a
29.00 choice spring lambs fell to $50
cnoice yearling lambs to. %. 90. yearlins
Wethers to 1880 and choice light ewes ID
1000: weeks bulk good to choice spring.
ersi WA Ss nj PUCK M M lambs discounted 90 pei
S5;50; bulk shorn yearlines 23o0-24. 90;
6.50-7.50 and bucks 55O-6OO; demans
for replacement ewes at 9.50-12.oo broadei
| than supply.
Evening star., 1950-06-18
BOND SUMMARY
IFurnished hy IN. Asseciat.a Pr,s.,

Furnished b. the Associated Press.)
selected list Of active stocks on the
New York Curb Exchange. showing the
high, low and closing price fer the week
and the net change frsm the previous
weeks close.
Net
Evening star., 1950-06-18
Dividends Announced

NEW YORK, June II R.-Dividends
Pc Stk. Of Pay
Rate. riod. Record able.
Evening star., 1950-06-18

Victor Chemical Works ap-
pointed James M. Gillet assistant
to the president.
Evans Products Co. announced
the appointment of Walter G.
Webb as vice president in charge
OF the railroad loading and equip
ment division.
Evening star., 1950-06-18
Commodity Prices

NEW YORK. June II R.-Tippins
downward for the first time in nine weeks
wholesale commodity prices declined to
1914 on Friday. this week from III .7a
the previous week. and compared with
152 OF year ago.
The drop was the sharpest week-to-week
decline recorded since early February OF
1949; The base year Of the index. 1926
While four of the six commodity groups
represented posted lower averages. nom
ferrous metals ended this week at a new
1850 high and the textiles component ad.
vanced slightly:
Fridays. index. with comparable figure.
for week ago and . year ago, follows
Evening star., 1950-06-18
| Robert {. Jones Adds
7 Partners as Rouse
Forms New Firm
By Edword G. Stone

Robert c. Jones, head Of the
veteran investment house bearing
his name, yesterday announced
important changes in the makeup
of the firm, including the admis-
sion of two new partners, Robert
c. Jones, jr., and John M. Buckley
Evening star., 1950-06-18

Michigan Bell Telephone Co.
elected John A. Greene president
to succeed Thomas N. Lacy, who
becomes chairman. Mr.. Greene
formerly was operating vice presi-
dent of Ohio Bell Telephone Co.
Phelps Dodge Copper Products
Corp. elected Daniel F. Met Glinchey
q vice president.
Evening star., 1950-06-18
Washington Stock Exchange
BONDS
TuTTN nTH TTYER
ID by Exchange Officials

tReport Compiled by Exchange ofnuahJ
Evening star., 1950-06-18
Metal Quotations

NEW YORK. June II (P,.-Spot non-
ferrous metal prices today: Copper. 22ls
12 cents pound, New York; zine, Is cents
pound, East st. Louis.
Evening star., 1950-06-18
Produce Markets

'PIus extra or extras.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06
Best Small Grain
Varieties For Delaware

The best small grain varieties
for Delaware haven't changed
much in the past few years, says
Bill Mitchell, agronomist at the
University of Delaware Agricul-
tural Extension Service. Results
of the small grains testing pro-
gram at Newark and Georgetown,
show that the standard varieties
are holding their own. Yields this
year we're low over most of the
state, says Mitchell, due to bad
weather conditions.
Wong and Kentucky No. 1, a
bearded barley, showed up well in
this years test plots. Fayette, a
barley which has been in the tests
for two years, shows considerable
promise.
During the past five years, the
winter oats varieties that seem to
be the most satisfactory are Lee,
Forkedeer, and Winter Turf. Full
grain is not sufficiently winter
hardy in Delaware. It's five year
yield average is the lowest of the
varieties tested.
"If wheat is grown, three good
varieties are NuDel, Nittany, and
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06
The Jet Plane Refueling

WASHINGTON - The non stop
trans Atlantic flight of single en-
CINE jet fighters was not just a
stunt It was meant as a practical
demonstration Of how the Air Force
is solving two problems of modern
air war one technical, the other
military.
The technical difficulty concerns
the high fuel demands and relative
~ short flight time Of jet planes.
The military problem is how to
deliver such planes quickly to
expected hot spots and how to keep
them in the air over long periods
for air cover.
The flight by two Republic FS4E
Thunder Jets showed that some
work remains to be done. One plane
was lost at the Labrador coast line
when the pilot was unable to COM
plete his third refueling. The other
plane landed safely at Limestone
Airbase, Maine, 500 miles short Of
its goal, because Of bad weather
over New York.
If the flight had been headed
eastward, to Europe, the demon
stration would have been much
simpler. The planes would have
been helped by the winds rather
than held back so much that their
average ground speed was about
two thirds normal.
When the refueling system has
been perfected, it will mean that
jet fighter squadrons based in the
United States can be dispatched to
defense positions thousands of mil
es away within "a hours. The need
for basing large fighter elements
overseas should be reduced.
A fully dependable refueling in
flight method will permit jet fight
ers patrolling borders or protect
ing bombers to remain in the air as
long as pilots can endure it. The
longest such flight thus far for a
single pilot jet fighter is more than
10 hours.
Refueling in flight will sharply
reduce the number of fighter planes
needed for patrol and escort assig-
nment by eliminating most of the
time lost in climbing to altitude
and returning to base. It also will
save the fuel needed for climbing.
Mid air refueling is not new. The
Air Force did it with a World War
plane q years ago. Six years la
ter it sponsored the $50 hour flight
of the Question Mark" A system
basically the same all that of 1929
was used to refuel a B5O superior
tress Lucky Lady H." on an
around the world non stop flight
last year.
The method used in the trans
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06
BRIDGEVMLE
By Mrs.
Keller HOch
Phone
BridgeVille $3.50
Union Methodist Church
Lawrence E. WimbroW, pastor
Sunday. October Sth

The church school will meet at
10 a. m. every child in fact every
age person not attending another
school is cordially invited to attend
the Rally Day programs here. BIZ
bles will be presented to the Prim-
airy Class that enters the junior de-
partment. Also other awards and
Qualifications are here and will be
awarded. Will you help US to reach
200 on this Rally Sunday? New
teachers are needed for youth class
es. G. Clayton Richards, Supt. The
morning worship will be conducted
at IL a. m. by the pastor. He will
commission the visitors who are
to take part in the Visitation Evan
gelistic Advance starting, Sunday,
Oct. 18th, services in the church
will be held at 1880 every evening
that week ending. October goth.
Two visiting ministers have been
assigned here: Rev. d. o. Hornung
and Rev. Roland OsgOod who will
preach and visit during the period
from Sunday until Friday. All of
our people are asked to attend all
meetings and assist with the vista
ton. Also remember to pray daily
when the church bell rings at six
p. m. for a Spiritual Awakening in
the church and entire community.
This is the least that any Christian
can do. Music will be provided by
both choirs. Flowers will be placed
in the chancel by Circle No. 8, Mrs.
Mrs. R. c. Elliott leader.
NJ. Y. F. AT $3.50 P. M.
The program will be presented
by Miss Anna Mae Wiley. There
will be presented by Miss Patsy
Hoke and Miss Anna Mae Wiley.
There will be a special musical Sc
lection and delegates will be sele-
eted to attend the Youth Rally IN
Dover on October 14th. Perhaps we
can send bus load. Be present and
help witE the planning. Remember
that this is Rally Day in the M. Y
F. too, so let's be there.
The Peninsula Conference Min
listers Quartet will sing st ST. John
town on Sunday afternoon at 2:45
p. m.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06

Atlantic jet flight differs from the
1929 method only in details neces-
sary to adapt it to single-pilot oper
alton at high attitudes.
The Question Mark" crew
caught a hose dangled from a
tankers, but did it with a triling
gapple. An automatic nOzzel con-
nection was used.
The jet fighters used a system
known as the "Drogue probe" me-
thod 1t also calls for trailing
hose from the tanker plane. How
ever, a nozzle tipped probe extern
ding from the left wing of the fuel
transfer is automatic.
Air Force officials say such me-
thods are intended only for the per-
iOd it will take to develop jet
planes with sufficient range to do
their job without in flight refuel-
ing.
A system quite different from the
flexible hose method has been adj
opted for Air Force bombers and
is in production. This is the Fly
ing BOOM" A telescoping tube is
extended from the tail of the tank
er plane. The bomber approaches
close to the tanker until an opera
tor can maneuver the boom into an
opening in the bomber's note.
The Flying boom" has a very
high fuel flow rate and can handle
bOmber's huge tanks in is minutes
! or less. But it can handle only one
plane at a time.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06
CLIFTON'S CORNER
Near LeWes)

Children started back to school
September 26th at Lewes. It was
late getting started this year on ac-
count of new addition to the school
house.
Charles Clifton has gone back to
Wilmington, to spend the winter
with his children. Charlie wasn't
very we'll when he left from here
last Sunday. We hope he will soon
be feeling better.
Mrs. Laura Hill hasn't been feel
ing so we'll the past week.
Mr.. and Mrs. Layton Hart ami
grandson, Richard Collins, of near
Loves Creek, called at Clifton's
CoCrner one day last week.
Mrs. Nellie Walls father, Mr..
Short, is still critical at the Mil
ford Hospital. We hope for his
speedy recovery.
Mr.. and Mrs. Wesley Clifton and
children, Mary and Wesley, Jr., of
DagsborO, Mr.. and Mrs. Thomas
Dillon of Lewes, called on their
parents, Mr.. and Mrs William w.
Clifton last Sunday afternoon.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06
Class FIees Red High
School

Brennan, GERMANY - up -
An entire high school class which
fled from, East German Communism
has found a new home in the Am
erican occupied city of Bremen. The
Is students and two teachers fled
to escape "the on sided political
instruction" forced on them in Pot
sdam
Bremen authorities helped them
resume their studies here. The stu
dents live in the homes of Germans
who receive 81 monthly from the
city government toward their care.
Public donations provide them with
clothing and pocket money.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06

Thorne," says Mitchell, "ir spite
Of the fact that it was not a good
wheat year, NuDel again showed
the largest yields at Georgetown. .
Mitchell adds that in long range
planning, organic matter must be
given serious thought, if small
grain yields are expected to live
up to variety test promises. It is
very important that somewhere in
the rotation good legume sod is
plowed under to provide humus.
The men in Delaware who are
turning under good legume sods
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06
One-Way Streets
Increase

CHICAGO - Up - A growing
number Of cities are choosing to
use one-way streets to avoid the
trouble and expense Of widening
streets.
"In Augusta, Me-. a trail of the
main business street at one way
thoroughfare proved so successful
that it was decided to leave it that
way" the American Municipal As
sociation reports. "Kanas City,
Mo-, recently designated five new
streets at Onewayers. Denver also
also has speeded traffic with newly
designated one way thorough
fares
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06
Girls Beat Boys
In College Grades

STATE COLLEGE, Pa, - (P) =
Officials at the Pennsylvania State
College aren't saying wether girls
are smarter than both. But figures
released by DR.. c. o. Williams act
ing dean Of admissions and regis
trar at the College, reveal that dur
ing the Spring semester, women
students scored a 1.62 average
while the average for men students
was LA. Both are based on a grad.
ing system that used 800 as the
perfect average.
The figures also revealed that
sorority women were higher than
non sorority women, but that non
fraternity men scored higher aver
ages than the fraternity men.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06

when the crop is $40 inches high
are really pleased with the effects
on yields. Mitchell quotes Allison
Davis, Of Greenwood, who says hes
wouldn't be without a crop Of Lad
inc clover to turn under for his
grain.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06
Italy's Population Grows

ROME - Up Il Italy, plagued by
over population and unemployment
registered population increase OF
259, 772 during the first six months
Of 1850, the government statistical
office announced The population
increase in the same period in 1949
was 255.S69.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06
Stimulate Grass Roots

When lawn grass Is 'cut longer
than the conventional a to inch
length, growth Of the root system is
stimulated The more vigorous the
roots, the healthier the lawn.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1950-10-06

Colonial farmers and their faini-
lies used TO make nails in their
homes during long winter nights
from iron furnished by local FORCES.