davidaulloa/AmericanStories huggingface dataset:
Evening star., 1950-10-13
Business Briefs
LIST INCLUDES ONLY SELECTED ISSUE.

Bank Clearings in 25 leading
cities declined to S14,896, ,363, 900 in
the week ended October II COM
pared with $17,035, ,057,0 a week
earlier but were considerably
ahead of last years $10,476,716.-
000.-Dun & Bradstreet.
Business Loans of member banks
in leading cities expanded to $15,-
925, 100000 during the week ended
October 4, an increase of 5000, ,000,-
900 from week earlier and were
$4,000, 100000 above year ago.
Federal Reserve Board.
Crude Oil Production averaged
5,671,9 900 barrels daily in the week
ended October 7 VS.. $685. ,450 in
the previous week and 5,014,800 in
the like week year ago.-Ameri-
can Petroleum Institute.
Construction Contract Awards
reported in the week ended Octo-
ber 8 totaled 156,597 900, COM
pared with $287 ,974,000 in the
preceding week and $143, ,697 900
in the like week of last year.
Freight Loadings in the week
ended october 7 totaled 863 ,676
cars, a drop of 1870 from the
preceding week. but 50.4qo above
the like week of a year ago.-As-
sociation of American Railroads.
Steel Production in the first
months totaled record II, ,608, 1853
tons. only 80 less than all the
stel produced in 1949.-American
Iron & Steel Institute.
Copper Production increased
1919 during August; silver output
rose 1870 and gold production in
creased 10%.-Bureau of Mines.
New York Central Railroad has
placed orders for 200 diesel-elec-
trio locomotives at a cost of S31,- :
900, 900.
Safeway Stores, Inc. announced
an extra dividend of 30 cents on
the common and an increased
quarterly dividend of 60 cents
both payable December IA.
Hiram Walker, Gooderham &
Worts, Ltd. announced an extra
dividend of 81 on the common and
a regular quarterly dividend of
rs cents, both payable December
us.
Interlake Iron Corp. in 8 months
ended September 80 earned S4,-
058,598 or $208 a share VS.. $4,-
1852, 500 or $213 in 1949 period.
King -Seeley Corp. in year ended
July 81 shared $2,788,686 or $6.06
a share VS.. $1,836,187 or $4.52 in
1949.
Industrial Rayon Corp. in 9
months ended September 30
earned $9,282. .631 or 1854 a share
VS.. s6.792,32o or $4.O6 in the 1949
period.
Container Corp. of America in
10 months ended September 80
earned $7,758,000 or $7.54 share
VS.. $5.969,732 or $4.73 in the 1949
period.
Central Maine Power Co. in year
ended September 80 earned $4,-
1926, ,745 or $156 share VS.. $4,160,-
522 or $1.54 in 1949.
Davidson Bros, Inc, in year
ended July 81 earned $1,611. .769
or $1.26 a share VS.. $1,419,687
or Sill in 1949.
Central Hudson Gas G. EIec-
trio Corp. in year ended Septem-
ber 80 earned $1,7O8,718 or 73
cents a share VS.. 81, 1,408,475 or 62
cents in 1949.
Thomas Steel Co. in 9 months
ended September 80 earned ST.
311 $50 or 1912 a share VS.. $685.
945 or $3.50 in 1949 period.
Evening star., 1950-10-13
THE EVENING STAR Washington, D. c. - A-19
Foreign Exchange

NEW YORK, Oct 13 GP.-Foreign Ex.
change rates follow Great Britain in
dollars others in cents): Canadian dollar
in New York open market 5is per cent
discount or 94.6S34 U. S. cents, un-
changed.
Europe-Great Britain (pound) 2.S0is.
unchanged; Great Britain 30-day futures
futures 2.s1i q, UNCHANGED; Great Britain
90-day futures 3.S2,is, unchanged Bel
gium tfranc) 1884, up .00A of cent;
changed; Holland tguilder) 1926. of .02
Of cent; Italy Qira) .16la of a cent.
unchanged; Portugal (escudo) $50, un-
changed; Sweden (krona) 1887. un-
changed: Switzerland franc) dree) 22.96.
unchanged.
Latin America-Argentina free) 745.
unchanged: Brazil free) $50, UNCHANGED:
| Mexico 11.57, unchanged; Venezuela
| (Bolivar) 30.0s, UP .O3 Of a cent.
Far East-Hong Kong dollar 1880. un.
changed.
Evening star., 1950-10-13
New York Cotton

NEW YORK, Oct. 13 -lP.-Cotton fu-
in forenoon trading today. Sharp de-
elnes this week prompted mills to cover
sales sales this morning. Prices ss Subsequently Ttiy
dropped back about 90 a bale from the
highs of the day as the advance brought
out increased hedge selling and some
profit taking.
CCc in its first report on the 1850 loan
revealed that 1,074 bales of the 1850
up to october 5. Repossessions of l049
crop cotton from the o,oa loan fer the week
leaving a net stock of 106,695 bales in
Government hands.
A private crop survey reported gen.
orally favorable weather prevailed in the
Eastern and Central Cotton Belts for the
past week.
Noon prices were LOO to 1.50 bale
1915; December. $500, and March. 3s.SS.
Evening star., 1950-10-13

A46s
His talks on this subject before
many associations in the paint.
hardware and lumber industries
have attracted Nationwide at
tention.
Norman H. Barnes Of Potomac
Electric Power Co. is president
of the Washington Sales Execu-
tives' Club.
Loan League to Elect.
The District of Columbia Build
ing and Loan League will hold its
annual election and dinner meet
ing at the Shoreham Hotel on
Tuesday, October 81, it was an
nounced by r. Edward Early,
chairman of the Program Com
mittee. DR.. Murray Banks, New
York psychologist and lecturer,
will be the guest speaker.
Lincoln Service Corp. earned
$543,970 in the first nine months
of this year, compared with
$404,O ,O61 in the same 1949 period.
reported President Charles Del
mar. This amounted to $14.52 a
common share VS.. $10.48 year
earlier.
Bank Dividend Voted.
Washington Loan & Trust Co.
directors have declared quarterly
dividend of 3 per cent on capital
stock, payable November l to
stockholders of record October 20.
Raymond G. Lochiel, vice presi-
dent, treasurer and a director of
Capital Airlines will address the
National Association of Cost Ac-
countants at Rochester, N. Y,
next Wednesday. He is national
director Of the NACA and a mem
ber of its Washington chapter.
His subject will be "Cost Account
ing in Air Transportation"
J. D. Marsh of j. D. Marsh &
Associates will address the Cen
eral Agents and Managers AS
sociation of st. Louis, Mo-, next
Monday. Mr.. Marsh has been on
hunting trip in Northwestern
Canada for the last week.
Credit Union Day Planned.
Washington credit unions will
observe the Third International
Credit Union Day at a dinner
meeting at $50 pm. next Thurs
day at the Burlington Hotel.
The Wholesale Food Division of
the Merchants and Manufac-
turers Association elected John
Klein general chairman at it's first
fall meeting at Hotel Washington.
Other officers, Morris Kraft, vice
chairman: Fred Kolker, secretary,
and Andrew c. Auth, treasurer.
Home Building Grows.
Assets of the Home Building
Association on September 80 'ex-
ceeded So million for the first
time in the history of the asso-
citation, President Samuel S.
Thrift announced.
William w. Chambers, ST., of
w. w. Chambers Co., was elected
a director of the Advertising Fu-
neral Directors of America at the
annual convention of the asso-
citation in East Orange, N. J.
Dow Corning Corp, manufac-
turer of silicone products, has ap-
pointed Earle j. Smith manager
of its new Washington branch Of
flee at Til Fourteenth street NV.
Deak g. Co., Inc, foreign ex-
change firm, has opened a branch
Office at 1924 K street NV, in
charge of Louis Korda.
Evening star., 1950-10-13

HOuFIy SaIes on the E1change TOdayt
l1;0U am, 4So you .,-.uu noon. o3o oot
100 pm $50 600 400 p.m. 600 ooe
tUnit OF trading 10 shares. Sin BANK.
ruptcy or receiversnip or being reorganlzed
under the Bankruptcy Act or securities
assumed by. such companies. Rates OF oivl-
dends in the foregoing table are snnua
or semiannual declaration. Unless other
WISE notea. speciaI or extra dividends are
not included. cid Called. Ex dividend
xr Elk rights. q Also extra or extras. Plus
stock dividend q Cash or stock. e De-
clared or paid so far this year. Payable
dend date baid last year. b Declared
or pad after stock dividend or split-pp
tive issue with Dividends in arrears. . Paid
this yea: dividend omitted. deferred or no
action taken at last dividend meeting
dating dividend. z Payable in stock. exact
cash value undetermined on declaration
Evening star., 1950-10-13

at 1890 pm.
next Monday in
the Williams
burg Room OF
he Mayhower
Hotel.
Mr.. Connolly.
who is a direc-
tor of National
Sales Execu-
tives and vice
president of the
Sales Execu-
tives' Club Of
New York, will
discuss use of
Color in Sell
Evening star., 1950-10-13
Odd-Lot Dealings

The Securities. and Exchange Commits
sion reported today these transactions by
customers with odd lot dealers or special
lists on the New York Exchange for Octo-
Der II: 5,972 purchases involving 190,015
shares. Sales involving 192472 shares
involving $685. orders including 2,O25
shares sold short on 40 orders.
Evening star., 1950-10-13
Utp.- ,U-U 1UsVJN
Sales Executives Speaker

Sales Executives Speaker.
Frank P. Connolly, president of
John w. Masury g. Son., Balti-
more paint manufacturers. will
address the Sales Executives Club
Evening star., 1950-10-13
Metal Quotations

NEW YORK. Oct. 13 P.-spot non-
ferrous metal prices today: Copper, 24h
cents pound. Connecticut Valley. Lead.
10 cents a pound. New York. Zinc, I7Na
cents q pound, East st. Louis Tin, lie
pound. New York At PITTSBURGH. scrap
steel No. / heavy was nunfed al "A
Evening star., 1950-10-13

Ceylon will have a national air
academy to train pilots and radio
engineers.
Evening star., 1950-10-13
N. Y. Bond Market
LIST INCLUDES ONLY SELECTED ISSUES
FURNISHED By the Associated PreSsb

Associated Press.>
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Hud C IS 81 A 97A
Hud&M IF 5s57 73A
H&M inc 5s 81 44iz
ICCSL 5S 63A 1O5Hs
KCP&L 2AsS0 lo1zs
| Mo-Pac 5ias 40 51M
| Mo-Pac IS n r 1o8M
| Mo-Pac IS 81 l 1o85s
Mo- Pac As rs 66za
| Mor&Es 4l2s55 90
NOTM 5Ias 54 1o2
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NYNHin4Has'2c 534
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Peo&E inc 4s90 q
IPerMar3sss 80 LOB
SLSF As 81 90
| ShellOil 2bs71 o7M
Silesian-A 7s41 5olA
s B T&T IS 70 los
So Pac 4Hs 81 S6iz
SouPac CIV $3.50 Ill
So Rwy As 56 81
SW Bell 8 KasS3 1864
T & P BIAS 50 1o4iA
Third Ave $3.50 IT
wabash BIAS II 1olM
Nv Sh As 1881 Sc
w Sh As 1851 625s
West Un IS go 1oliA
! WstEcv2 66s73 lO73A
Evening star., 1950-10-13

Pittsburgh Glass Co. announced
election of w. E. Phillips of To-
ronto as director to fill the va
cancy of the late James II. Heroy.
Evening star., 1950-10-13

Furnished BY tn
FOREIGN l l
Antioauia 3s7S 50
Australia rs 55 1o2l
Canada 2a4s75 lo1
Chile 2-3s SO 34z
Colombia IS 70 4el
| Oslo 4Hs 55 81
UruR a 4 las IN %
NEW YORK CITY
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DOMESTIC IL
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amT&T 3Nss59 1l9i
AmT&T 2As57 1905
Am I&T ~ sci lo7l
AmT&T 2AsS0 80
Am Tob 3s 62 1o22
A T S F As 95 127l
A C L As 52 102l
B g. o 5s M 90 -,
6&O cy4 k2010 65
B g. o As rs A o3l
BRO s'W IS so 83i
Bos Me 4 Ias 10 5Si
Can Pac 4sperp 1oA,
Cap Airl As COP 1o5i
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Chi b r ] inc 97 59l
Ch1&L Az 2003 So
CMSP4 Ms2O1a 76i
cMSP4 hs2044 66i
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| CubRR 5s52r ct 2ol,
Evening star., 1950-07-30

the Arctic has some protection.
Sizable bases at Tlksi, Igarka and
Salekhard, supplemented by an
unknown number of smaller IA
cilities-all we'll inside the Arctic
Circle-offer safeguards against
polar attack.
1t is obvious that an intercepter
base for warning and defense can
be maintained with less effort than
an offensive base, but it is doubt
full that the problem is so simple
that Russia has a complete net
work along the Arctic Ocean. 1t
has an opportunity to develop the
relatively small airf1ed at Spitz-
bergen, lying within easy flying
reach of the northern part of Nor
way, Iceland and the east coast of
Greenland.
| Korean bases would cover the
southern areas of Japan and cut
off United States bases there from
access to China. Farther east and
north, three major airfields at
Anadyr. Uelka and East Cape
the last separated from Alaska
only by Bering Strait-are a pos
sible menace to Alaskan bases and
pose a threat to the Pacific North
west and the Great Lakes indus
trial region.
Airbases available to the demo-
cratic countries extend over a
much longer arc than those of
Russia and it's satellites. 1t is
generally recognized that bases
Evening star., 1950-07-30

Looking at the world from high
above the North Pole brings into
perspective the double ring of air.
bases open to Communist coun-
tries and the democratic nations.
The polar view is helpful in
studying the possibilities of air
warfare against Russia.
! For example, the shortest dis
tance from the big B-36 base near
Fairbanks, Alaska, to Moscow is a
4,100-mile route almost directly
over the pole. Only polar course
would permit approaches at a
comfortable distance from the So
viet's ring of important protective
airbases.
Russia has major airfields along
it's European border from Muir
manSk, on the Barents Sea, south
ward to Bucharest and Odessa, on
the Black Sea. It's airfieldS stretch
across the bread plains east of the
Urals, looking down over India and
China; reach down to southeast
Siberia to overlook Japan and on
eastward to the tip of Siberia, al
most within sight of Alaska. So
Wet airbases in Georgia and Aver
baijan are close by Turkey and the
oilfieldS of Iran.
The several dozen major air.
fields along that gigantic perimeter
give the Russians a protective
screen against attack and a wide
choice of launching platforms for
assault in whatever direction the
Communist leadership wishes to
strike.
Even the northern door facing
Evening star., 1950-07-30
AP Newsfeaivres

i any of dozens Of bases on the
opposite side of the globe after
using such evasive courses as
seemed best. While is was return
ing over roundabout but safe
routes, other B-36 elements could
be moved to the launching sites
from bases in the interior. Addi-
tional bases in England and Japan
could be used to top off" B-36s
and further increase the surprise
attack element.
| The possibilities of such a con-
tinuous circle of bombers with an
endless selection of courses make
grim reading for men who must
h plan the defense against them.
Bases available to the United
States in continental Europe, the
British Isles. Africa and the Near
East would bring Western Russia
and the small countries it domi-
mates within comfortable range of
B-29 and B-50 medium bombers,
available in much greater num-
ber than B-36s.
Bases in India, the Philippines,
the Mariannas and Japan are
adequate for the medium bombers
which might be used against
Southern and Eastern Siberia,
China and Manchuria..
Airields in Greenland, Iceland
and Labrador are vital not only
as warning stations, weather re-
porting and stepping-stones for
transports and short-range war
planes being ferried to Europe
but also because of the threat they
would be in Russian hands.
Evening star., 1950-07-30

of the United States and it's prob
able allies are better developed
and able to handle larger aircraft
with less interference from
weather due both to construction
and communications and naviga-
ton facilities. Their supply lines
appear to be better, although in
many cases much longer. Russia
has the benefit of internal supply
lines.
B-36 bases would be of particu-
lar Importance in a major war
The United States has one on
each flank of its continental area
-Eielson in Alaska AND Lime
stone in Maine. Other B-36 bases
to the south-at San Francisco
Rapid City, S. OAK; Fort Worth
Tex, and perhaps Tampa, Fla
would support the two great
launching platforms.
The significance of that double
line of bases lies in the problem
of handling the giant bomber,
which crosses nearly 180 tons for
takeoff. Only a few airf1elds have
runways heavy enough to stand
such a pounding during daily op-
erations. However, the B-36
lands at much lower weight and
can settle down safely on most of
the hundreds of airports which
accommodate modern four -engine
transports.
Thus the intercontinental bomb
er could launch a strike from a
tip of North America and land at
Evening star., 1950-07-30

There is no Austrian air force
no navy, no conscription, no civil
defense program and no plans fol
conversion of industry to war pro-
duction.
The present draft of an Aus
trian peace treaty, snarled in East
West quarreling over terms, au-
thorizes an army of $4,000 men
mostly for frontier guard work.
In brief. Austria is a country
which may be fought over, but
which will do no fighting while
the present situation exists.
Switzerland:
Switzerland has no standing
army. But she could mobilize
about 100000 men, including
auxiliary services and air defense
forces, from her we'll trained re-
serves.
The army has a strong artillery
force. The air force is made up
of about 1000 planes, including
some British jets.
Denmark:
Denmark drafts $4,000 to 10000
men yearly for army training
normally at 18 years of age, plus
some 5000 for the navy. Also
she has a home guard of 10000
men.
Her navy consists of 70 units
mostly corvettes, torpedo boats
and a few submarines. She has a
70-plane air force of jet fighters
and British Spitf1res-no bombers
Denmark's estimated total mill
tary force in an emergency is
100000 to half again that many
men.
Distributed by the Associated Press)
Evening star., 1950-07-30
CONTINUED From Page CID

various stages of preparation
Some are studying blueprints for
war production.
Britain and France, twin key
stones of the Western defense
structure, are obliged to divert
some of their attention from pre-
paredness to sideline colonial
campaigns.
The British are busy trying with
force of undisclosed size to clean
up Communist-supported dissi-
dent groups in Malaga. France
has 100000 troops, including many
of it's battle e-hardened non-com-
missioned officers, fighting the
equally stubborn Wet Mini in
Indo- China
Western Germany has no army
The huge military force that Hit
ler built up to police the German
empire that was to last "a. thous
and years" evaporated in defeat
Survey OF Countries
Britain:
Reconstruction of Britain's ter
itorial army (national guard) ir
1947 to make it a part of the
regular army has given Britain
the strongest army in the West.
Britain's army, navy and all
force, including the territorials
national service man and woman
auxiliaries, number 827 COCOON
pared with a total force of 100000
in mid-1939.
The army could count on 464,-
600 fully trained men and women
in the event of war.
The navy has one carrier and
four light carriers in its active
fleet. In addition there are Ia
cruisers, "a destroyers and SO aux
iliary craft. There are no battle
ships on active duty. but five are
in reserve-along with other units
or being used for training. Navy
personnel numbers 146,000.
The RAF, with a manpower
force of 216,7O0, is split into
home and overseas commands.
Units of undisclosed strength
are stationed at Cyprus, Hong
Kong, Singapore and other smaller
colonial bases, as we'll as in occu-
pied Germany. Most fighter squad
rons are equipped with new jet
planes.
Britain's air strength is boil
stored by American Air Force
groups stationed here for train
ing. At present there is one BIS
squadron available. Two others
are expected soon, accompanied by
a squadron of jet fighter -bombers
The Volunteer Civil Defense
Corps numbers 10000 and has
room for expansion to twice that
number. These are being given
training once a week in atomic
and germ warfare defense.
France:
France has two armored divi-
sions and three infantry divisions
at virtually full straightforward
$4,000 and 17,O00-on duty in
France or in German and Austrian
occupation zones. She also has one
mountain division and one air
borne division at less than full
strength.
The French have two infantry
divisions In North Africa. plus
Evening star., 1950-07-30
Europe Needs Two Years to Tighten Its Defense

scattered battalions and regiments
in other colonies, exclusive of In
do China.
French defense ministry esti-
mates of her total domestic
strength are: Army. 176.845 Off
GERS and men; air force, 66 ,a90, ano
navy. $500. There are $4,000 in
the gendarmerie, which is sort OF
Ia state police force under army
jurisdiction.
Tanks Lacking
France has a pool of reserves
in a universal military conscrip-
ton system that takes youths al
the age of 81 for years training
Because of the German occupa-
ton, however, there are 100000
men who never received military
training. The defense ministry
says it will be until 1853 before II
has a good cushion of trained
manpower.
The army currently lacks mod
ern tanks, but is hoping the United
States will provide $500 in three
years. The French air force has
roughly 500 craft of all types, in
Icluding 200 jets, according to un-
official sources.
Civilian defense and industrial
mobilization plans are secret
There are no outward signs much
progress has been made in either
direction.
Western Germany:
The three Western Allies have
an estimated total of nearly ESQ.,.
900 troops in Western Germany
about 100000 Americans; same
number in British zone, including
Evening star., 1950-07-30

/ some DANISH, NorWeglanS and Bel
gians; less than $4,000 French.
There perhaps 300 planes. Of
which 230 are American. The
United States has about rs jet
fighters, but official figures are
unavailable.
| No civilian defense program is
operating.
Italy:
Italy is handicapped by peace
treaty limitations, many of which
were insisted upon by Russia. The
treaty limits her to an army OF
250,000, including the Carabinieri
branch of police.
The Italian Navy has been
stripped down to $4,000 men and
a feet of two old battleships, four
cruisers and four destroyers.
Italy'S air force of $4,000 men
has only a few squadrons OF
patched-up and outmoded Ameri-
can P-51s and British Spitfires
She has no bombers. as the peace
treaty outlawed all offensive
type" weapons.
Her only two fully armed army
divisions are both stationed ir
the northeast near Italy's Yugo-
slav and Austrian frontiers, his
toric invasion battle-ground. Peace
left Italy without war industries
Her former arms plants have
turned to peacetime production
and are not in a position for quick
conversion to war production.
| Austria:
There an estimated 10000 SOL
diers in Austria-but the country
has no army. Roughly $4,000 of
the occupation troops are Rus
| sian
Evening star., 1950-07-30
Reds in Latin America
AreMoking Trouble Again
U. S. Fears Sabotage May Cripple Plants
On Which We Are Relying for Critical
Materials to Step Up Arms Program
By Edword TomIinson

AS result of the Korean conflict the Communists throughout
Latin alerted they already
barkd widespread campaign of propaganda confusion and
They particularly active mining centers
that strategic States and
also countries election
Evening star., 1950-07-30
U. S. Policy Prevents Use
Of German, Jap Monpower
Analyst Holds Our Former Enemies, Along
With Sponiords, Would Make Willing and
Able Allies If Given the Weapons
By Constantine Brown

has become increasingly clear that in the shooting
this country will have bear the overwhelming
fighting
For the time being Americans thinking
fighting only Korea where
While applying democracy South refranng
Evening star., 1950-07-30

constitution and democratic prin-
ciples. The former Cuban strong
man says that, "the Cuban people
will always be aligned on the side
of the friendly people of the
United States in any international
conflict, but the war of Korea
must not be used as tool to work
against the freedom of expression
of Cuban workers and organized
political parties"
Although the Communists are
still strong in Cuba, many observ-
ers and diplomats agree that
Havana is no longer one of the
main headquarters of Red activ-
tiles in Latin America. According
to them, Mexico City has become
the directive center for the move
ment in the Caribbean and Middle
America. if not in all the South
ern republics. A newspaperman
in the Mexican capital explained
AZ W AAAC OAAAS way. A0U VI Oil,
he said, "at the present the con-
f1ict between Russia and the
United States is in the Pacific.
Mexico not only borders that
ocean, but is much nearer to the
strategic military centers of your
own Pacific Coast. Communica-
tions between Mexico and your
country are most convenient. The
tremendous tourist travel across
the border is by direct highways.
No passports, visas-only tourist
cards are required. Anybody can
get these. Moreover" he added,
sit is very easy for your own
fellow travellers to 60 back and
forth across the line, transmitting
information from the United
States to friends south of the
| border"