davidaulloa/AmericanStories huggingface dataset:
Evening star., 1951-12-16
Chicago Livestock

CHICAGO. Dec. Is lE1.-United States
Department Iep . Of o oAsrieultaTel;1sala6le hosss
week ago. bsrrows and gifts weighing 220
pounds and less. $3.50 lower; weights over
Al m4sy tse week sa to end oo P%e osd
No. Is broueht 1850. with most choice
No. Is 2s and 3s weishinR l70-21O pounds
pounds, The full width of the choice grade
sold late at 17.75.1S.25. with No. . and
No g butchers 240-27O pounds, at l7.40--
heayies. 27e-3l0 pounds. closed at 1873
100. Sows weighing 400 pounds and
below brought II; 4;75-l6.0o; with most. 400
saiable cattle. 800 estimated; total
SO per Cent larser than last week ba
about 10 per cent under a year ago;
fed steers and yearlings predominated.
moiiy k5s nigh sood to prime GRADES
steers and heifers so to $50 lower most
decline on choice and prime over l15O-
snd M sces sseas' bs6 f6' Ss
cows 1.00-2. 90 lower, commercial cows
showing ,aSs tull decline: bulls mostly 90
yeaIlings !,a.li weak 6o . 50 lower; feeding
ied stesrs es eariS GiS s:sa sa5 Df@s ieS
oaqs sna p5ns. p5ims steers and yearinss
$50; commercial to low choice steers.
WeightS, 3OoV load prime ,OS1 pound
fed heifers. 3L00; early but after Monday
prime heifers in load lots stopped at
$500; few loads prime mixed yearlings,
80. 50-37 80; bulk choice and prime heif-
ers, 81 50-35 so; commercial and good
grades largely 27.00-32 90; late bulk
commercial cows, 23.00-25.00: only odd
high commercial cows TO $500; utility
cows closed at 2000-23.00, with Gamers
and cutters. 10000 80; utility to good
bulls. 25.5o-30.50, but late sales 90 so
down: commercial to prime vealers 2S 90
800; Gull and utility grades 1900
II. 90; good to choice heavy steer calves
and yearling stock steers weighing up
to $40 pounds, "a 50-35. 80; good 600
pound stockers. 81. 10; medium and good
feeding steers, 27.00-32 90; two loads
mostly choice s40-pound weights, 81.
Salable sheep. 100 (estimated). Com
pared week ago: Lambs 100 to fully
80 lower. with clipped lambs showing
maximum declines; supply for week larg-
est IN nearly two years and closing prices
lowest since mid-November: yearlines
about steady with last weeks dull close
but weeks closing trade on both lambs
and yearlings very slow and dull:
slaughter ewes fully steady; late ton uni on
loadlots fed wooled lambs. 39.55: these
comparable to lambs at 31.55 Monday
shorn lambs, 1000, against 'f n 5o On Manl 9ga
gay ana ~ 1.6o-3I rs for comparable
yseaTinngS gearing closed $500 down; good and
snSlce snS n,,iit ,Siiiaushter m ewes 14.0o15.25i Gull
Evening star., 1951-12-16
Business Briefs

Employers Association of Chi
cago reported survey OF 35l
companies showed a majority plan
to close all day the day before
christmas and most will pay en-
ployes for the unworked time
The survey indicated only one
company in seven will not give q
cash bonus.
+ Westinghouse Corp. stockholders
at a special meeting voted to
increase the company'S indebted
ness to $500 million from $50
million.
American Air Lines announced
plans to reduce it's fare from
New York to Los Angeles to 500
from $110 and to double the
number of air coach flights be-
tween the two cities.
Grand Union Co. sales in 5
weeks ended December / totaled
SIT, $780, 700. up 1897 from 1850:
for 80 weeks ended December /,
$134,617,344, up 16.3% from 1850.
Phelps Dodge Corp. reported
earnings for 1851 will total about
$43 million or about $3.50 a share
compared with 1850 net income
of $40,112,604 or $791 a share.
Ralston Purina Co. in year
ended September 80 earned $8,-
784.341 or $6.84 a share VS.. $12,-
560,665 or $14.87 in 1850.
Central Maine Power Co. in
year ended November 80 earned
81 1855, ,082 or $1.57 a share VS..
81, ABS. .051 or $1.58 in 1850.
Outboard, Maine & Mfg. Co. in
year ended September 80 earned
$2.769,301 or $4.66 a share VS..
$2,975,787 or $5.01 in 1850.
Third Avenue Transit System
in 10 months ended October 81
had a loss of $1.921,1l6 VS.. loss
of $3.420.385 in 1850 period.
Tishman Realty e. Constr. In
year ended September 80 earned
S9O3.006 or $2.26 a share VS..
$517,20 or $1.29 in 1850.
Minneapolis & st. Louis Rwy.
announced election of Elbridge T.
Gerry as a director.
Evening star., 1951-12-16
New York Cotton

NEW YORK. Dec. is Pl.-Cotton fu-
lures closed tirm today with prices SO
cents to 81 so a bale higher. The session
was marked by erratic price changes
After the opening the market was easier
This was followed BY a sharp price ad-
vance which attracted hedging and profit
taking and prices again moved lower
During the last Is minutes of trading
another burst of buying appeared and
prices pushed higher.
The inuecisive price trend was traced
to a number Of uncertainties. There was
a question in the minds of traders as to
whether farmers would curtail marketing
of spot cotton in view of the coming
holidays. Sales of spot cotton on Friday
showed a sharp drop as compared with
previous sessions during the week. There
also was a tendency TO go slow pending
further DEVELOPMENTS in the Korean truce
negotiations.
Dealers heard talk that pressure would
lbe put on Southern cotton States to seek
higher loan rates on the 1852 crop and
this brought buying into distant con-
tracts in futures. With current prices
for cotton above the Al cents a pound
level, further cotton was being repossessed
from the 1851 Government loan. 1t was
thought that any further price rise would
bring additional cotton out of the loan
At latest reports approximately 100000
bales of cotton was still in the current
Evening star., 1951-12-16
More Bonuses Announced

Mayer & Co., 58-year-old fur
niture company, will pay the usual
Christmas bonus based on merit
and length of service. The Sew
enth street store will play host to
Spring Valley store employees at
the annual Christmas party on
Saturday, December %.
John G. Webster & Sons, Wash
ington plumbing, heating and ap-
pliance firm. will be paying its
40th consecutive Christmas bonus
to all employees tomorrow.
Directors of the Citizens Bank
of Riverdale have declared a semi
annual dividend of 2 per cent and
an extra dividend of per cent,
both payable December 81 to
stockholders of record Deem
Der 10.
Evening star., 1951-12-16
Christmas Business
Retains High Level
Despite Soft Spots
By Richard Fiske
Assoeiofed Press Business Writer

NEW YORK, Dec. 15.-A quick
glance at business and inquiry
showed busy factories and crowded
stores this week.
Reports of good business popped
up all over the lot. But there were
diScordant notes here and there
A steel strike appeared possible
Further consumer goods cuts
seemed certain.
The defense industries were on
their usual high production sched-
uleS. Countrywide. the dollar
volume of retail trade was little
above year ago when buying was
at a record level.
1t didn't take much poking
around under the surface, how
ever, to turn up disappointment
and soft spots.
Mild Weather Blamed,
Mild weather in many sections
OF the country slowed Christmas
shopping in affected areas. Re-
duced-price promotions were re-
ported more common than in
recent years.
Customers were described as
choosey. If they couldn't get the
quality they wanted at the price
they liked they just didn't buy
The biggest threat in the indus
trial world was the possibility of
a steel strike.
During the week the Govern
ment stepped into the negotiations
between the CIO United Steel
workers and U. S. Steel Corp.
There were other worrisome
matters in the industrial world
beside steel.
Defense Hit by Imitation.
The Defense Department said
imitation had hit the armament
program hard and there was a
good chance the situation might
get worse.
Defense Production Aoministra-
tor Manly Fleischmann said sub
stantial additional cutbacks will
be necessary in the second quarter.
This will hit makers of such
products as washing machines and
other appliances as well as manu-
facturers of automobiles and re-
frigerators, Mr.. Fleischmann said.
Evening star., 1951-12-16
Chicago Grain

CHICAGO. Dec. Is R,.-Wheat. corn
and rye more than made up all of the
previous sessions losses in a rousing ad-
vance on the Board of Trade today. Oats,
soybeans and lard Just about recovered
yesterdays drop.
The market started firm and continued
upward throughout the day with dealings
pretty active. Highs were made in most
cases in the last 15 minutes of trading,
and some deliveries ended en- the days
peaks.
Wheat closed 2ss-3h higher. corn
rye, p to 2 cents higher, soybeans H-294
hundred pounds higher.
Three major factors were in back of
the buying movement-expectation OF
very heavy wheat buying next week by
foreign countries. subzero cold wave
in the Midwest grain and livestock belt
and the action relative to foreign ex-
change taken by Great Britain and
Canada.
The cold weather in the Midwest would
increase farm consumption OF corn and
oats, traders said. Because 1t was pre-
ceeded by heavy SHOWS it also will make
marketing OF both grain and livestock
more difficult. they added. Both factors
were construed as bullish on prices.
Wheat closed the week PA to cents
z to 3 cents. lower, rye u to q higher.
lower, corn 70 lower TO u higher: oats
soybeans pa to cents lower and lard
IS cents to S1.37 a hundred pounds
lower, The very weak tone in lard tied
IN with heavy hog shipments.
Evening star., 1951-12-16
ADVERTISEMENT.
ADVERTISEMENT.
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BUSINESSMAN
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a Word from The
Wall Street Journal

Unexpected changes in business con.
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because the small businessman does
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To offset this handicap, the small
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He must know how to adapt himself
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promptly and reliably informed on
every major new development re-
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Prices, Taxes, Consumer Buying, FL
nancing, Labor, Inventories, Produce
ton Trends, Commodities, Securi-
ties Marketing and New Legislation.
| The Wall Street journal is the
complete business DAILY. Has
largest staff of writers on business
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Evening star., 1951-12-16
Produce Markets
Poultry ouotations.

s., Live poultry: Market nrm, turkeys;
fsiDts F4Ess, lisht a Trading lishs some carried
Heavy type 55.ss, mostly ss; lis iish. nsps type
a.ss ls,so Ducks: Museoyies. few best 9s;
lew sales; hens. so; toms. 40.
Livestock Markets.
Cattle, compared last week: Slaughter
steers and heifers mostly fully steady:
cows unevenly SOL so lower; bulls fully
Cattle e. eads H % se5 5o isSsasr o%er sood aoS
and choice slaughter steers. 9l8-I .36a
poa9ds Poo5 sas 52,S5es-S6o0G 96G. sq%mersial and
and loS.ehOiee SLAUGHTER 6eifers. 80 Soeo 90,
~ 90; utility and commercial. %. 3.50-2s. SO;
canners and cutters heifers .20.OO-23 so
eoRs s. soSS o cameo: "a oo2sGo 90 ut,
1,6.oo-32 i,6 90 90: odd head good beef bulls
~ 90; utility, 25.00.26;5 so; medium and
steers and calves. 29.00-32.50: .high-sood
calves to $3.50; common and medium
54G-SOl pounds. 26.00-27.75.
steady to 200 lower. most loss on Choice
and prime. weeks top 41.0Q; closing tor
40 90; good to prime, 30 ;00e39. 90; COM
ntiilig mfEfiai sna $500 2oosS'oo Gull and
Hogs. compared last week: Top on bar.
rows. gilts and sows 25 cents lower but
GIL bciButS anu kFhueS OLnerWlSe un-
changed; choice 170-230-pound barrows
and gifts. l9.25-19.50; 240-260 pounds
lS.75-l9.0 90; 100000 pounds. l7.75-1S.T5:
over 800 pounds, 17.75 down; 12O-I4O
pounds, 16.75-l7.50; 140-160 pounds
iI.75-lS.75; sows under 400 pounds.
650-17 90; 400-45O pounds. Is Sole. 90;
heavier, weights 1900 down. stays dis
Sheep. compared last week: Nominally
steady each day on wooled slaughter
lambs and ewes; weeks and closing tor
quotations for lambs $500; choice and
prime 76-S3-pound lambs, 81 .0O-3 80 90;
utility to prime 79-pound lambs, 1000;
utility and good, 63 pounds. 250O: Gull
to good wooled ewes. 5.00-12.00; choice
considered eligible TO 1900 or better.
Grain Market.
Flour receipts. 1925 100-pound sacks
Wheat-Receipts.. 167,445 bushels; ship
mentS, l25, 500 bushels; stocks, 5,01O,153
bushels. No. 2 red winter. garlicky, spot
domestic, 2.54h; December. 2.54ts; No,
cofnAReceipts. 1o7.sso bushels; ship.
ments, 43S.736 bushels; stocks, 2,752.954
oats-Receipts, none; shipments, none:
stocks, 24.009 bushels.
Barley-Receipts, none; shipments.
none; stocks. 50,695 bushels.
Rye-Receipts, none; shipments, none;
stocks, .31S.967 bushels.
Soybeans-Receipts, 32,771 bushels:
shipments, 81 1893 bushels; stocks. 65s. Az
Miiifeed-Receipts. 81 tons.
Evening star., 1951-12-16
U. 5. and Corporate
Bonds Mostly Mixed
N Week S Trading
by y. A. williams
Associated Press Finoneiol Writer

NEW YORK, Dec. 15.-The
bond market stayed close to pre-
lviously established price levels in
Itoday's short session, but the
trend was steady for most groups
Especially the rails. Gains and
losses both were generally under
a point.
Mixed performances were turned
in by corporate bonds during the
week, with net changes for the
most part narrow. An active mar
ket developed on Friday, when
sales exceeded the SO million
mark.
Detroit Edison convertible 81
were in considerable demand on
Friday. advancing 434 points at
ll4l2 on sale of nearly $500,0OC
par value. The bonds are con-
Ivertible into common stock, which
also advanced after the quarterly
dividend was increased to 35 cents
IRON 81 cents.
Government loans also were
mixed in moderate activity. Most
Iof the longer maturity issues were
in mild but consistent demand
and posted net advances ranging
from 1892 to 1882 of a point.
Losses of 1882 to 4/32 were taken
by some of the shorter-term issues
and long-term bank eligible 21as
of September 1972-67 also lost
4/32.
japanese loans were active and
mixed in the foreign dollar sec
ton. Changes ranged from up 2b
for Shinyetsu Electric Power 6hS
to down 4 for Ujigawa Electric
Power rs.
A sizable list of new corporate
offerings was received favorably
by investors.
Evening star., 1951-12-16
Auto Firms Employees
Share in 1851 Profit

Floyd D. Akers. president Of
Capitol Cadillac -Oldsmobile Co
and Akers Oldsmobile- Cadillac Co
of Alexandria. announced a dis
tribution of Is per cent of 1851
profit under a prof1t-sharing plar
will be distributed to 260 employees
at the annual Christmas meeting
December 81.
1t will amount to around $22.7t
for each year of service. Each
employe also will receive a bonus
of 7 per cent of annual salary ano
a turkey.
Evening star., 1951-12-16
Heads Used Cor Dealers

Edward Friedson, Greenway
Motor Sales, has been elected
president Of the National Capital
Used Car Dealers Association
Other new officers: Robert Brill
Bell Motors. first vice president;
Michael Wolfe. Wolfe Motors, Sec
ond vice president; Jules Latter
man. secretary treasurer.
Evening star., 1951-12-16
Market Averages
D. c. Store Sales Jump

Washington department store
sales in the week ended December
8 jumped % per cent above the
previous week, and were even with
high levels Of the like 1850 week.
the Federal Reserve Bank of Rich
mond reported. Sales In four
weeks ended the same date were
i per cent above q year earlier.
Evening star., 1951-12-16
Commodity Prices

NEW YORK. Dec. Is AP.--W Wholesale
commodity prices this week took their
sharpest overall drop since mid-July, ac-
cording to the Associated Press commod-
ity index; 1t was the first decline in
seven weeks.
Chiefly responsible for the lower index
level were. declines. in eggs, -four. wool
cotton and livestock. At 1897 on Fri
week and .5S a year ago
In this weighted index OF 35 important
wholesale commodities, the base year 1926
equals 100.
OF the six commodity groups repre-
sented, only the industrials component
advanced this week. Non-ferrouS metals
were unchanged, and all other groups de-
clined. with livestock reaching a new low
for 1851.
The index, with comparable figures for
last week and year ago, follows:
Evening star., 1951-12-16

No wheat Corn-No 2 yellow, 1864;
No. 3, 1.92-1.94A; No. 4, 1.1SM-1 .Sfj34
No. 5. LA. No oats. Barley-Malting.
F;s,d nominal; ssad nsr fsed nom
inal---Red clover, 33.0O-34 90; timothy.
5O-10,O0
Evening star., 1951-12-16
|Over-the- Counter Market

| The following bid and asked prices are
obtained from the National Association oil
Securities Dealers. Inc. and other sources
but are. unofficial. They do not represent
actual transactions; they are intended as
which these securities could have been
sold Indicated by the bid) or bought
indicated by the askedl at the time OF
compilation 12 noon Friday. Origin OF
any quotation furnished on request.
Evening star., 1951-12-16
NEW OpJrANs D.c

NEW ORLEANS, Dec. Is R.-cotton
futures advanced approximately 50 a
bale in carly trading today but weekend
profit taking from the long side and hedge
selling pared the gains Closing prices
were steady. 35 to 80 cents a bale
Evening star., 1951-12-16
BOND SUMMARY
FURNISHED By Il

Furnished By the Associated Press.l
y selected list Of active bonds on the
New York Stock Exchange, showing the
nlsh, low and closing prices for the week
weeks close.
Evening star., 1951-12-16

Rates Of dividends IN the forego,ns
tatle are annual disbursements based on
the last quarterly or semiannual declara.
tion Unless otherwise noted, special OF
extra dividends are not included
Ex dividend. xr Elk rights. cid Called
rants WV With warrants. wv Withont
warrants Also extra or extras b Plus
stock dividend. dCash or stock Paid
last year Payable in stock estimated
wash value on ex-dividend date gDe-
clared or paid so far this year b Declared
or paid after stock dividend or split-up
k Declared or paid this year. an accumu-
lative issue with dividends in arrears.
y Paid this year, dividend omitted. deferred
or no action taken at last dividend meet
ing, wDeclared or paid in 1851, plus
x-dis Ex distribution. Liquidating divi-
dend. Payable In stock, exact cash value
undetermined oD declaration data.
Evening star., 1951-12-16
CURB SUMMARY

Wurnished BY the Associated PressD
A selected list of active stocks on the
New York Curb Exchange, showing the
high low and closing prices for the week
and the net change from the previous
weeks close.
Stock ana Net
Evening star., 1951-12-16
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Evening star., 1951-12-16
Dividends Announced

NEW YORK. Dec. 15 0R.-Dividends
announced:
Pc Stk. of Pay
Rate. riod. Record. able
Evening star., 1951-12-16

Also: New Era for N. Y. Stock Exchange
Under Ambitious New President?
Evening star., 1951-12-16
WASHINGTON Stock EXCHANGE

" hangeo
FOR YEAR 1881 u
Evening star., 1951-12-16
Mutual Funds

NEW YORK, Dec. Is R,.-National As
ISOLATION OF Securities Dealers. Inc:
Evening star., 1951-12-16

.Plus extra or extras. tPaid
Saturday sales: Potomac Ell
Evening star., 1951-04-06

Here is your chance to
SAVE - on Television.
Refrigerators, Wa S h ers,
Radio Phono Combina-
tions. Choose from every
famous name i'm this great
sale of floor samples and
demonstrators. Quantities
limited, but at least one of
each model at each store.
Some slightly scratched
from handling, but all in
perfect mechanical condi.
ton. Television prices
plus tax, warranty and
service. Shop It'll 9 tonite
at either big Phillips
stores-all day Saturday.
Both stores open every
evening until 9 pm.
Evening star., 1951-09-16
Benefit to Aid
Convent Fund

A benefit performance of Mo-
Heres comedy, School for Wives, y
by Players, Inc, national repertory
company, will be sponsored bS
the Washington Chapter Of the
Georgetown Visitation Convent
Alumnae Association on October
in Holy Trinity Theater, Thirty
sixth and o streets NV.
Proceeds from the performance
lof the Walter Kerr production viii
go to the converts building func
drive, which began five years agc
with a $250.000 goal for a new
classroom building. Not endowed
the convent is dependent on the
loyalty and generosity OF it:
alumnae and friends for the at
tainment of such projects as the
classroom building. It is also the
policy of the convent that no con-
struction work be initiated unit
the entire $250,000 goal is reached
Mrs. William M. Callaghan
president of the Washington
Chapter, is general chairman o1
the benefit. Miss Rita E. Beuchert
is assisting her as co-chairman
Other chairmen working on ths
benefit are Miss Virginia Bergman
program; Mrs. George Howard
advertising, and Miss Jeanne
Murphy. publicity. About 10(
members of the local alumnat
group are joining in the benefi
effort.
Evening star., 1951-09-16
Forum Slated
On Record of
82d Congress

A program entitled "A Leeisla.
tive Forum-the 82d Congress tr
Date" will be the feature of the
Democratic Women's Nationa,
Councils opening fall meeting al
BIS pm. tomorrow at the Wom-
ans National Democratic Club
1926 New Hampshire avenue NV
Mrs. Oscar Cox, legislative chair
man of the Woman'S National
Democratic Club, will head the
panel. Participants will be Mrs
Florence Kerr, executive of the
WPA in charge of women's activ-
tiles in the Roosevelt administra-
ton; Mrs. Dale Doty, wife of the
Assistant Secretary of the Interior:
Mrs. Philip Owen and Mrs. Vir-
glnla Roser. speech and dramatics
teacher, formerly of Dallas, Tex.
Committee chairmen for the
coming year appointed by DR.. M.
Virginia O'Neil, council president.
include Miss Abigail Valentine,
program; Mrs. Charles Heating
membership; Miss Mary Rita
Guilfoyle, publicity: Mrs. Leslie
Wright, legislation; Mrs. Milton
kronhelm, ST., courtesy; Mrs.
Nancy Hanna, hospitality, and
Mrs. Eva O. Steiner, absentee
voters.
Mrs. Madeline Maloney will be
IN charge of tomorrow nights
program.