davidaulloa/AmericanStories huggingface dataset:
Evening star., 1950-07-18
N. Y. Bond Market
LIST INCLUDES ONLY SELECTED ISSUES
(Eufnlshed hY the Assnciafed Rresal

, ASSociateo PreSG.)
Int Hy FL Is A 81
! ILacl q 4las SO 1o3iz
lLS&MC31as97r 65A
] llLeh v 5s 2003F ASA
ilLehV4Has2003E A5N
j Leh v Is 2003A S3z
j Leh v As 2003D 59A
lMchCen 4as79 80
! iIMSPSSM4Has71 eol4
IMSPSSM As 81 4olz
lM-K-T5s 62 A 80
MKT ad 5s67 6oh
lMo-Pac 5ias 40 AZ
|, Mo-Pac 5s n F 1coiz
Mo-Pac 5s 81 l 1oolz
|, Mo-Pac As rs 70
, Nor g. Es 5s 55 84lA
Mor&Es 4las55 81
l IMor&E3 $4,000 55ih
my C 5s 2O13 71zs
/ NYc4hs2013A 65
J N Y C As 90 GOA
NYCHR 3Kas 81 IS
|, NYCMC 3hs98. 55lh
NY Conn2ss75 92ls
, IN Y Dock As 81 1ol
J NYNHin4a ASA
NYNHH4s2007 6siz
MORT West 4s96 127
OhioEd 234s7h 100
p G g. E IS 70 lo4l1e
oennRR 4MsSl 2ze
Phil El 234s 81 1o2
1Gpet cv2sss75 lo5h
! LISP 4las2022 67la
Is ST As ~ 94ss
StLSW 2d4s 80 1o3lz
5eaoln 4 l2s20l6 621s
So Pac 4Ias 81 81
SouPac CIV 3s8n lcol5
S:6OilNJ23ss7l 97iA
Third Ave 5s6U 2Az
Iva Rwy IS 95 SO
w Sh IS 1851 r S6iA
West Un 5s 81 1ooM
J, WstEcv2. .65s73 1o7ls
Wis Cen As 40 7OM
Evening star., 1950-07-18
Dividends Announced

NEW YORK, July 1s R.-Diyidends
announced:
Evening star., 1950-01-20
Prosecutor 10 Reveal
More Evidence Today
In Snags Lewis Trial

AS the trial of William (Snags)
Lewis and two co-defendants
neared its final stages in District
Court today prosecutors planned
to place before the jury addi-
tional evidence seized when Lewis
alleged gambling headquarters
was raided last March.
Chief Prosecutor William Hitz
said he would show that numbers
game slips written by Attilio Aca-
lotti and Frank Billeci, who are
being tried with Lewis on lottery
law violation charges. ultimately
found their way to headquarters
of the Lewis organization in Bla-
densburg, Md.
Dale Adams, special investiga-
tor for the District Attorneys Of
flee, was on the stand when the
trial recessed yesterday. He iden-
titled three numbers slips taken
from a package marked "31"
which was seized in the raid last
March. Inc Government contends
Billeci's account with the Lewis
organization had the code desig-
nation "31."
Earlier, Mrs. Rose King, of the
1900 block of Columbia road NV,
admitted from the stand that she
had placed numbers bets with
Acalotti.
The admission came reluctantly
after Mrs. King first denied that
she had any financial transactions
with the accused gambler.
Mr.. Hitz reminded the witness
that the Government had author
ity to compel production of any
money orders she may have sent
to Acalotti and again asked her
if she had placed bets. After a |
prolonged silence, Mrs. King
finally answered yes"
Miss Bernice Franklin, the Gov
ernment's star witness, has told
the jury that Mrs. Kings bets
with Acalotti averaged about $3.50
a week.
Evening star., 1950-01-20
Blast Of Big Inch
Sears SO Acres
Blythe Associated Press

CALDWELL, Ohio, Jan. 90
The big Inch" gas pipeline ex-
ploded early today, shot flames
500 feet into the air and burned
black so acres of surrounding
farm land.
No one was injured. The blast
awakened nearly all the 1900
residents of this Eastern Ohio
community.
Service was restored by by
passing the break.
The flames were visible to an
airline pilot over Pittsburgh, 100
miles away.
The explosion in the 20-inch
steel pipe, buried 10 feet under
ground, occurred about $40 am.
on a hillside. miles north of
Caldwell. The fire was out by
6 am.
But the blast ripped out $50
feet of the line, excavated a hole
80 feet wide and so feet long,
hurled pieces of steel Is yards,
and set firm to a farmhouse and
five outbuildings.
The buildings, on a deserted
farm owned by Carl Elliott, were
Evening star., 1950-01-20
Labor and Manaqers
In II Industries Band
To Fight Tariff Cuts

Opposition to tariff cuts on the
products competing with some
American industries and an ex-
animation of the effects of the
ECA import program and recip-
rocal trade agreements on other
industries has been determined on
by labor and management in II
industries.
Representatives of MANAGEMENT
and of Is unions in the industries
met here Tuesday in the Mayf1ower
Hotel and formed National
bor-Management Committee on
Foreign Trade Policy. The union
representatives were brought to-
. gether by Americas Wage Earn
ers' Protective Conference (AFL)
OF which Matthew Woll is presi-
dent.
Several Items Listed.
Q. R. Strackbein, executive sec
retary of the protective conference.
said the products on which tariff
cuts are opposed are handmade
glassware, fur felt hats, fresh and
frozen fish flllets, of which, he
said, 54.O00,000 pounds were i'm
ported in 1913, and pottery and
wallpaper. He said tariff cuts on
these products already have had
the effect of undermining Ameri-
can wage standards and reducing
employment.
Industries represented included
glove, aluminium, fisheries, fish
canning. glassware, pottery, match.
wallpaper, photoengraving, kaolin,
hats and millinery, glass container,
scientific apparatus, book manu-
facture, cendar shingle and hot
house vegetable.
A statement issued after the
meeting said it was stressed that
factual surveys should be con-
Quoted in all affected industries
so that the President and State
Department will have pertinent
data "on the basis of which for
e1gn trade policy provisions could
be equitably determined"
Problems for Study.
Mr.. Strackbein said the new
organization will address itself"
to the problems created for the
industries by the ECA import
program. by the third round of
trade agreements recently an
nounced by the State Department.
oy the International Trade Or
ganlzation, the charter of which
is now before the Senate for rati-
f1cation and by the escape clause"
IN the existing trade agreements.
The escape clause, he said, pro-
vldeS that tariff reduction NAV
be withdrawn, if it results in a
quantity of imports great enough
to cause or threaten serious injury
to an American industry.
He explained this escape clause
has been invoked In behalf of
whisky and spirits, candied chest
nuts, spring clothespins, knit wool
berets, crude petroleum and petro-
leum products, hops, reeds from
rattan, narcissus bulbs, sponges,
knit gloves and Inissenseand woven
silk fabrics. The Tariff Comn1is-
sion, he said, has three of these
complaints pending before it, has
recommended no change in, a ]
fourth case and dismissed the
others.
Evening star., 1950-01-20
Donish Dental Society
Honors D. c. SURGEON

DR.. Harold w. Krogh, so, of
1922 Hoban road NV, was made
an honorary member of the Dan
ish Dental Society for outstand-
ing work in oral surgery at a
meeting of the Dee Dee Ash Pa
thology Club last night.
DR.. Krogh, for many years a
dental surgeon here and a teacher
and writer on oral surgery, re-
ceived the award from DR.. P. O..
Pedersen, associate dean of the
National Dental College of Copen-
hagen. DR.. Krogh toured Scandi-
navian countries last summer and
lectured on oral surgery.
Evening star., 1950-01-20

ture was in UNIV District 5 at
Pittsburgh. John P. Busarello,
district president. said he is hope
full that most of his $1,000 men
will work Monday.
A new blow hit miners budgets
as II company stores of the Hill
man Coal g. Coke Co. shut off
credit to strikers.
Last week further credit was re-
fused by United States Steel
Corps Union Supply Co. in los
company stores.
The coal shortage has forced
rationing in several cities.
Evening star., 1950-01-20
Coal
Continued From First Page.)

be sent to Mr.. Lewis later IN the
day.
Predicts Refusal to Pay.
Reports that the operators plan
to skip their monthly welfare fund
payments-due today-were given
support by an Indiana operator
who said: II expect the refusal
to pay to be 100 per cent in the
Qndiana district"
"This is an effort for further
harassment of the mine workers
to create additional unrest and to
make it difficult for the miners to
keep at work." Mr.. Kennedy said.
cit is another attempt to build
up the weak case of Denham or
for presidential intervention. It
is further evidence of the conspir-
acy existing among the operators. +"
Refers to Injunctive Suit.
Mr.. Kennedy referred to the in
junction suit filed in District Court
by Robert N. Denham, general
counsel of the National Labor Re-
lations Board, at the operators re-
quest. 1t accuses Mr.. Lewis and
the UNIV of various unfair" prac-
tices in contract dealings and asks
the court to end the three-day
week and strikes. The case was
set for hearing January 26.
President Truman again refused
only yesterday to declare the coal
shortage a national emergency
and invoke an 80-day Injunction
against the limited production
of coal.
However, a full strike of the
100000 soft coal miners probably
would force the President to take
emergency action.
Payments Refused.
One of the big Southern pro-
ducers-the Island Creek Coal
Co.-has refused to make the
welfare fund payments since the
old UNIV contract expired last
June 80. But the rest of the
Southerners and the Northern
and Midwestern operators have
refused to go along with that plan.
The welfare fund itself is tied
up in court litigation and dis
putes among the three trustees,
of whom Mr.. Lewis is one. Few
benefit payments have been made
since mid-September.
Thousands of striking miners
in Pennsylvania and West Vir-
ginia are refusing to go back to
work Monday on the three day
week which Mr.. Lewis decreed
December 1. 81;
Reports from those coal-produc-il
ing areas indicated that tension
is mounting hourly. Miners were
openly rebellious yesterday at
meetings in West Virginia and
Pennsylvania, the two biggest
coal States. They shouted down
UNIV leaders who urged them to
return to work.
The only bright spot In the pic-
Evening star., 1950-01-20
Ritz Leaves Hospital

LAUSANNE. Switzerland, Jan.
20 P.-Rita Hayworth today left
the fashionable Montchoisi clinic
where her baby, Princess Yasmin,
was born December %. The child
will remain at the clinic for the
time being.
Evening star., 1950-01-20
Ilse Koch Gets Proposals

Since her arrest on charges of
numbering scores of prisoners at
the Buchenwald horror concen-
tration camp, Ilse Koch, widow
of the former German comman-
dant there, has received IL pro-
posals of marriage, Munich re-
ports.
Evening star., 1950-01-20
Buffalo Herds Increase

AS a result of rigid conservation
practices, there are now five times
as many buffalo in the United
States as in the early 1906's.
Evening star., 1950-01-20

destroyed. Trees were burned and
fields were scared. as if with a
bloWtorch.
Evening star., 1950-01-20

Although it is one of the near
est stars, Sirius is 8.6 light years
away from earth.
Evening star., 1950-01-20

The Fahrenheit scale is named
after Gabriel Daniel Fahrenheit,
German physicist.
Evening star., 1950-03-20
Stocks Edge Forward,
BUYERS Still Favor
Radio-N Shares
By the Associated Press

NEW YORK. Mar. 2O.-Scat-
tered strength pulled the stock
market little higher today.
Trading progressed at a mod
erately active pace but without
any concentration OF buying de-
mand.
Radio o-TeleviSion issues gained
fractions to more than a point as
favorable reports on production
and sales continued to come in.
Chrysler was active and ahead
for time before falling back.
American Telephone and Western
Union added major fractions and
held them Standard Gas & Elec..
trio 81 preferred was up more
than point.
Rails as a whole were mixed,
but Missouri Pacific jumped 2h
points to 10la during the day as
hopes were held out for a reor-
ganization settlement giving a
break to that class of securities.
Among the major groups in the
mixed category were steels, mo-
tors, chemicals and building mate
rials. Oils were mostly higher as
were the gold shares and utilities.
Copper mining issues lost ground.
On the higher side were Youngs-
town Sheet & Tube, Baltimore &
Ohio, Southern Pacific, Standard
Oil Of New Jersey. Certain -Teed,
International Telephone & Tele-
graph, Homestake Mining, Amer
ican Cyanamid. Du Pont, Union
Carbide, American Woolen, Amer
lean Tobacco, Goodyear. Mont
gomery Ward, Boeing, Admiral
Corp, Philco and Zenith.
Tipping lower were Bethlehem
Steel, General Motors, Southern
California Edison. Kennecott Cop
per, Allied Chemical, Philip Nor
ris, Chesapeake & Ohio and
United States Gypsum.
The Curb Market moved higher
with several leaders actively
traded. On the upside were Niles
Bement = Pond. Standard Cap &
Seal, Standard Power & Light,
American Republic, Brown Rub
Der, Cities Service, Electric Bond
& Share and Humble Oil.
The bond market was irregular
with Missouri Pacific loans going
lower. United States Treasury
bonds were unchanged in the
over-the-counter market.
Evening star., 1950-03-20
Chicago Grain

CHICAGO, Mar. 90 P.-Grains con-
iinued their advance in the. face of
nodsrste selling pressure on the Board
=" whsat led ed0th, The upturn at the start. but
lame to the fore. Gains ranged fSte'ei, to a
tent or more in these two commodities
With the feed grains showing less Of an
Near the enc, of the first hour wheat
Fas 34-1h HIGHER March, 2.3Oka corn
vas 3s-9s higher, May, :33ss, and oats
ssTs ssrs 'fhsi hisher Max March % snd
Wounds lower, March. 1880.
Short covering in the nearby deliveries
,I teadnE rad 1ssss Msr IN ~
litter which any contracts remaining open
must be settled by delivery Of the actual
commodity.
traders had expected. Kansas and Ne
braska got good SHOWS, but it appeared
that the dry areas Of Okla homa and Texas
escaped anything which would materially
% Some ' grain Ntn men feit that the market
was in vulnerable position for selling
II GOOD rains do arrive, but that. at long
s they don't, there is not much reason
Tor selling the nsw-crop wheat deliveries.
made to lop 81 600: 900, 900 from the bin
authorizing Marshall plan aid in the next
ascal year, giving European countries that
bum in surplus food instead. This would
subsea s Se + E vsoud srin seeome ecsas sW su
A compilation by the Agriculture De-
he end of this crop would total 49,
Pooooo BUSHELS Much Of this will b
lnless present prices cause redemptions
from the loan.
Evening star., 1950-03-20
Strong Steel Demand
Declared More Than
Temporary 5purt
By the Assoeioted Press

CLEVELAND, Mar. 20.-The
magazine Steel noted today a
boom in the steel business that
apparently goes far beyond a
temporary squirt following the coal
strike settlement.
Market authorities, said the
magazine, see this boom las a
movement which may we'll con-
tinue into summer in view Of
tighter supply conditions and ex-
panding requirements of manu-
featuring industry"
Contributing to strength is no.
ticeable acceleration in some
heavier lines of consumption. such
as railroad carbuilding. Automo-
bile production is holding at high
level with no sign of letdown,"
Steel reported.
so long as the building and
automotive industries. especially
the latter, provide strong demand.
high level operations in steel and
general Woodworking are assured.
With steel deliveries extending
we'll beyond midyear, most trade
observers now look for no summer
decline in steelmaking, excluding
vacation shutdowns.
Evening star., 1950-03-20
Produce Markets

Baltimore quotations furnished by the
ohiten inn,s states Per department @ OF Agriculture:
No. 0eas ana up Easafrn aness edites othsT.
Xise 1dss.s stStsd1 .sd,, Ma5yand Remes, 200: New
2.-inch up, few a25; Rome. fair colors'
eoior o Pennsylvana sissmoeh peiieidas 6aI
So BACK up Triss TIx a5o 55 neh up up 55 95
".oo-25; staymans. 2:35-5o. ''' o
,oponannd opo1a,oeS- market barely steady;
size A. unwashed, Pennsylvan MIA. used
iaeSs S6 few ~, 15; paper SACKS, so pounds
Sweet fsI eaaty Ses5 sho ssnts
some washed and waxed Goldens, q. s. s.
n No. ,o, /, 2;5o-75; Puerto Ricans u. s
Jersey. bushel hampers, u S. No. i. Puerto @
Ricans. 225; ordinary quality. 125; Jer-
seg; = ~ grange type ".oO-3.00; Nancy Halls,
=, Asparasus-Market about steady; dozen
99neh 1a az crates California. few sales. select
4 ~ ~, dI;3o' o3 extra fancy. 1000: fancy
snap Beans About Steady.
ids nfn bn,bsa PbeaanIMarket +. asout steady Flor
800 poorer. pi.ntifnis U.s. 1ss, sss
e eFassa ofdinsls ysl,oT 10 S1sf fsi
:, Gueumbsrs e = Market barely steady
tx. lsS hi-h : 300: fair aaslits. $;oo-59S 3 9S
shi susiity .s6tc: oe jar to generally r0o'
-, Eggplant Market slightly weaker
plo6ida bushel baskets. medium to large
~ E;Uo.. o. k few best high as $50; poorer
oo Endiye dn = Florida, 1e- quart baskets
~ Escarole - Florida. Is quart baskets
Poultry = Market unsettled; receipt,
lights; trading light fryers. 3A pound,
and up. few 33-33hs; hens, heavyweishts iSass
2s-29; others supplies insufficient to quote
r Grain Market.
none; stocks. 1854, ,4se p bushels sh''Nen's Ne
March, 2.e4; No. 5, winter sarlicEy, SPOT
corn-Receipts, 47,963 bushels; ship.
ments, none; stocks, 3,642,93 bushels.
Oats-Receipts. none; shipments, none;
STOCKS; 101 :445. bushels. ''''
Barley~oRseeipts. 81 1.510 bushels: ship
mems, Ie2,o0 bushels; stocks, 474,236
bushels; ssoeFs 1asafs aCaf sbnRh@iin's basheis 1897
pose seyessnsS-Rsespts saonSs s Pts n9ns shipments
Nillf'ed1ssss!pts; sss.sE and ao7 E,.9l tons.
=, EEgs-Market E slightly, stronger: de-
prices: prices: A A. large: 4l-44; few, As; A. me. me.
gums gum 59-4i; A. small 1896: B, large,
Receipts owo days)-Butter none; .sss,
Evening star., 1950-03-20

Reed Prentice Corp. earned
$279,4a5 or 78 cents in 1949 VS..
1926, 1886 or 81 cents in the previous
year.
February Retail Sales remained
at the same levels as for the
same 1949 month.-Commerce
Department. The months sales
were so below the preceding
month, but this figure was not
adjusted for seasonal variations
or for the fewer days in February.
Byron Jackson Co. earned ST.
33,848 or 1882 a share in 194o
VS.. $1,955, ,495 or $5.16 in 1948
Central Illinois Elec. g. Gas Co.
profit for 1949 was 1851 ,203 or
$2.55 a share VS.. $1,348,899 or
$2.47 in 1948.
Central Illinois Public Service
earned $4,741,4 or $1.55 a share
in 1949 VS.. $4,513,622 or SITS in
1948.
Ed. Schuster & Co., Inc, profit
for the year ended Janury 81 was
81 1,008.30 or $1.84 a share VS..
81 ,333.046 or $3.50 a year earlier.
Pennsylvania Power Co. for the
IL months ended February %
earned 1851 ,466 VS.. $1,635, ,o32 a
year earlier.
Evening star., 1950-03-20
Chicago Livestock

CHICAGO. Mar. 20 a, tusDA.-sal-
able hogs, l3,500; opened slow; later and
closing trade fairly active; butchers, IS
to mostly so cents, lower. with full de-
cline on weights below $40 pounds; soWs
mostly 80 cents lower; top. 1928, paid
freely for weights 18O-240 pounds; bulk
sood and choice 1s0-25Q pound, 1900
$50 pounds, 15.25-15.75; I6O.1SO pounds,
15.s5-16.25; sows under $50 pounds,
1a.o0-l475; few, 1900; 475-600 pounds,
2;5Q-l3. 10; good clearance.
Salable cattle. $4,000; salable calves
b00; moderately active; steers mostly
steady with last Thursday but not quite
as high as Friday; heifers fully steady:
bulls steady to rs cents lower: cows and
yealers steady; bulk medium and good
good and choice Grades, 90. 9.0O-32.a5, two
loads around 1900 pounds at 1926; load
to good heifers. 23.O0-27. 90; good cows.
20, ,Op-21 80; common and medium beef
COWS 17.OO-19.50; Gamers and cutters,
Ii 0p-16.75; medium and coed sausage
bulls 20.O0-22.25; medium to choice veal
ers. 2600-30.00; Gull and common, 17.GO-
salable sheep. 1900: slaughter lamb
market not established; big packers bid
ding 80 cents lower; not en-, ugh ewes
to make Z market; undersone fv'ly step dy
o. these, duotable at 11.0O-15.0O on
common to choice Grades.
Evening star., 1950-03-20
New York Produce

nFw T.espss xRa5 MsE sssss g ss.sd5 sutsss w5o
higher than 92 score (AA), soA cents;
Score ss seoTs @e, "a Il eo' 90 score (s' go; So
cheese e days recetDts). 1s5.41e; easy
whole milk): cheddars, 34-35I cents:
grass l94s). shelf cured, 5i.5S: sineis
daisies. 35a-37; single daisies Grass
194S), 1851; single daisies fgrass I94SJ.
shelf cured. 4S-52; single daisies (June
!g49l, 4l.42: mats. 34h-36: mats tJune,
l949,. 3eA-40h nats (Erass 1e4sl. 45-
midsets Juns % 1870, she miarss; asss
grass 194S). 50-51; midgets grass Ie4s),
shelf sn cured, 1888; proeessed, S pounds,
Domestic Swiss tsinrle tubs), Grade
A, $3.50; grade B, 1886; grade c. 1913.
Wholesale .eses were higher today. Two
days days receipts. 26,533. Spot quotations
Md. Msiawestern,; Mixed celors, fancy heavy
tEa, !, medium 3s; current receipts,
34M,35h dirties, 33-33Na:. checks, 81.
Whites; Fancy hesvyweights, 41.43;
extsa; pao,l /; largs 40; extra, !. MEDIUM, 3eh
ext1s' RaownSi T. iarFs rsnsy g. hsav'"eifhts 4o41'
Nearby. 1Top quotations on nearby
white and brown eggs represent whole.
sh,a,I snd not paying prices to producers or
4eSf fancy Ensss S:.v,s:IsB., s:GIsB
ers large is: mediums. ii. 4'' 0'h-
474.45; 7.45; fancy he.vyxeishts. Is: others.
large, ~: mediums, Al.
Evening star., 1950-03-20
FOREIGN EXCHANGE

NEW YORK. Mar 90 p.-Foreign ex-
fnange rates follow (Great Britain In dol
ars, others in cents): Canadian dollar
In New York open market, 9ss per cent
discount or 90.37h United States cents.
b6 Is of a cent.
Europe-Great Britain (pound). 2.S0h,
Unchanged; Great Britain 30-day futures,
S.S0I.. UNCHANGED: Great Britain, 60-day
futures, ESQ. unchanged; Great Britain,
lo.day futYTss. SY 27Sa;. unclaimed France rance
(lira). 1914 Of a cent, unchanged. Swe-
fen kronal, 1887. UNCLAIMED switzer-
Latin America-Argentina (free), II 20,
tnchanged. Brazil (free),- $50, UNCHANGED.
kexico, II 81, UNCHANGED,
Evening star., 1950-03-20

membership of the Women's In
surance Club of the District, Mrs.
Margaret Nagle, president, will be
guests of the association.
The District Savings Bond Di-
vision Of the Treasury is giving a
luncheon at the Mayfower Hotel
tomorrow, at which many Wash
ington business firms will be hon.
ored for the part they played in
last years bond drives. Accord
Ing to Hugh Lynch. director. many
firms will be presented special
awards for this service.
Agents Plan Forum Talks.
More than 80 field agents of
the Mutual Life Insurance Co. of
New York. from Is states. the Dis
trict and Canada, opened an
agency management forum at the
6horeham Hotel today, the meet
ings to last for the week. Home
office officials include Louis w.
Dawson and Roger Hull, newly
elected president and executive
vice president, respectively.
Recent activity in Wall Street
Is drawing a lot more investors to
New York Stock Exchange Offices
here. Many are bullish on the
outlook for sound stocks. Others
are cautious. High auto produc-
lion Is one of the most favorable
factors at present.
Volume of freight transported
oy motor carriers in January was
IL per cent higher than a year
Ago, American Trucking Associa-
lion reports.
First Woman President.
Miss Madeline M. Guinnane Is
the first woman to be elected
president of the District of Co.
lumbia Credit Union League. The
League represents 130 unions. Re-
ports presented Saturday at the
annual meeting at Hotel 2400 re-
vealed a very prosperous year.
Class I railroads in the South
ern Region IN January had an
estimated net income of $1,000, 900
compared with S6,000,000 in the
same month in 1949.
Remington Rand, Inc, which
has acquired the Eckert- Mauchly
Corp, originator of mechanical
brains,' is developing new elec-
tronic computers, some of these
machines being used at the Aber-
aeen Proving Grounds, Md, in
complicated ballistic and inter-
ceptor problems.
Shell Oil Corp plans to spend
100000 month in research
during 1850, aid to farmers being
b major goal.
R. M. Budd, veteran employe
of the Campbell Soup Co.. is now
Advertising manager. a newly
created position.
Evening star., 1950-03-20
New York Cotton

NEW YORK. Mar. 90 uo.-commission
house and trade buying carried cotton
market. was not very active. but prices es
responded easily to limited buying orders,
rensctins scarcity Of offerings
The new crop months led the upturn
by indications that cotton acreage allot-
ments for 1850 may not be increased
A leading spot firm said that cotton
crop preparations are ahead of last year
N the Eastern belt but are behind in
the central belt. In Texas rains were
reported badly needed in the western
part of the State.
Very little cotton was reported moving
into the loan ana demand for loan equities
Is not heavy. the Arm said It reported
that equities were selling So to So bale
above the loan, plus carrying charges in
the Eastern belt 81 to 81 above in the
central belt and up to $40 on some West
Texas low-grade cotton.
Noon prices were 55 to S5 cents a
bale higher than the previous close May.
32.43; July, 32.49, and October, 1880.