davidaulloa/AmericanStories huggingface dataset:
Evening star., 1951-02-11
Produce Markets

Baltimore quotations furnished by the
United States Of Asreaiture
"a AppIes@pqn; very light demand; bushsl
Ssns peea%s sna sDxe D. as No np ar ooor
S sasts e0sG ssg psIieoRs Rsmss e. @ 9sh neb al
she@ins eo stfs@fins frseains injury fh up 81 inef
Golden Deiieions. ~ inch up. 2.76ss 90;
Potstoes@Firam Pennsylvania; U. S. l.
size A, upwashed. Pennsylvania, Katah;
dinS, 59spognd M sacks so-1.oo' io-pound
sweet potatoes-About steady: bushel
baskets !, oa u s: /, Maryland, Goldens. I.z5-
2.25: fair quality. / so: New Jersey,
bushel hampers. Goldens, few U. s. /.
Livestock Market.
steers and heifers strong to 30 cents
sssrs 'snsF sgs aSs prime lev isv
choice and prime 1,ooo-pound averages
ssoee sSs ss5 sday ss soRRs sp0d 81 sRd sS
odd Gamers and cutters
Utility a Co. eess esnners and
down to 1890 and under; commercial
few s hish SU aood and CHOICE s 4sss74spound
dunn and good 43s.s7o pounds, 1900
3 3 eS; eS;as oad 90 lots inferior and common
.cslves@compared last week: Mostly
ssssdy oes saisP op nshsf 'Gp GOOD
choice yealers 400o.43;0 90; common and
medium largely 3o,oo-3s 90 90 but medium
Hogs-Compared last week: Barrows
and gifts scaling 160-27Q pounds mostly
cents higher; sows mostly SO cents higher;
SsF1oxs S and silts M Il ;GtS 4OS,24 sS s.o.s4S
g sSH oo-Ss 50: sso-soS pounds, g .oe,ss 50:
bounds; 26.Soo-so. So v? 14oois6 oi pounds pounds,
19.s5-19.50; good 4oo-45o pounds. IS. 90
1850; heavier weights 1850 down; stays
discounted 800 from c price eo same @ weight ht
Sas sheepMcompared Mesee spafai last week: wooled
slaughtfE lambs nn snd ewes scarce; lambs
1891 pound lambs s5. 5.OO-36 90; odd COM
mon and medium. ~ ;00;2S 90; culls, 5000
dewn de WI few good and choice wooled ewes
Flour-Receipts. 19,10s 100-pound
Wheat-Receipts. So. TIA bushels; ship
ments, 1855, 627 bushels; stocks. 4.416 799
bushels. No. 2 red winter, garlicky. spot
domestic, 2.46h; February. 2.46lz; No
Corn-Receipts. 261.7 .752 bushels ship.
mentS, 444, ,050 bushels; stocks. 1884. .s95
osts-Receipts. 22,53o bushels; ship
mentS; none stocks $4,000 bushels Shells
none: stocks, I3,495 bushels.
merits; none; Stocks. 4s5.4si bushels.
Soybeans-ReceiptS. none; shipments
none; stocks. 1T 1888 bushels.
Millfeed-Receipts 592 tons.
Butter and Eggs.
Eggs-Market steady. Demand better
Offerings liberal. A large 4S-50. some
low as 40; A mediums. 46-47; small
42-43: B large, 46-47; current receipts
ungraded. 40-42 according to quality and
weight,
Evening star., 1951-02-11

they could confidently bid on new
military orders and receive favor
able consideration on necessary
price adjustments.
The weather put its own par
ticular type of freeze on retail
sales. Department stores reported
business well ahead of a year ago
but the severe weather in many
sections put a chill on the recent
sales boom.
Living costs continued their
long climb upward and Eric
Johnston, economic stabilizer, said
they would continue to rise for a
few months. But the uptrend can
be halted by midsummer, he said.
The retail price of many food
items was pushed higher by the
rail strike and subfreezing weather
in the West and South.
The Bureau of Labor Statistics
wholesale price index of wholesale
prices hit a record high of 1922,
compared with 1909 the previous
week and 1921 year ago.
Evening star., 1951-02-11
japanese Bonds Gain,
Capital AirIines' Dip
Are Features Of Week
By H. c. Johnson
Assoeiossd Pres, Finoneiol Wrl,.


NEW YORK, Feb. 10.--A fresh
upsurge in Japanese issues and
a sharp break in Capital Airlines
debentures provided contrasts in
today's brief bond market.
The new upturn in Japanese
bonds followed almost a week of
steadily rising prices based on
reports that a peace treaty with
our former enemies, containing
favorable clauses for them, was
in the making. Every listed Jap
anese bond advanced today. gains
ranging from 234 points for the
Government 6l2s of 1854 to 83a
points for oriental development
IS of 1858.
1t was a different story for
Capital Airlines series "B" 4 per
cent debentures due in 1860. Pub
lication on a news ticker of a re-
port from Washington that the
company planned to call the bonds
at 1922 on March IL If they had
not been converted into common
stock by that time brought. an
immediate steep plunge. The
bonds dived to 1874. At the close
they were down 7 points at 1891
on total sales of 81 bonds.
The balance of the market was
a quiet affair today with changes
either way rarely exceeding minor
fractions. Boston & Maine AIS
ended up 13s points at 69N. The
income bonds Of Chicago & East
ern Illinois went up z points to
89h on good volume. Interna-
tional Great Northern first IS
were point lower at 104. Lehigh
Valley IS lost 17s points at 82M.
Western Pacific 41zs were down
13s points at 112la.
Sales totaled $1,510,00o against
1850, 900 last Saturday.
United States Treasury bonds
moved narrowly all week, showing
little reaction to the disupte be-
tween the Treasury and the Fed
eral Reserve Board on the future
of money rates.
A group of local housing au-
thorities will make joint offering
|of $42. .666.000 of loan notes We'd
|nesday. The State of MARYLAND
will come to market Tuesday with
SIT .564 900 of building bonds. On
the same day Oklahoma City will
offer $8.487 900 Of various purpose
bonds.
Evening star., 1951-02-11
Chieoeo Livestock

CHICAGO, Feb. 10 Up CUsDA).-sal-
eoie area Sge Seei total hoo .estimatsd
to 25 higher; over $40 pounds i0.35 up;
sows mostly 25 higher; on the close
most sales of good and choice Iso-sSS0es sSS0oe
pound butchers were at 23.25-23.75. with
2350, and 270-300 pounds 6rought s. a.
IA 'z3; ~ On sows, 450 pounds and less
sslab. sattI $4,000 pounds. ls251s so
not given. Compared week ago: Slaush.
ter steers and heifers strong to mostly 5C
nigher; cows grading utility and better
to 25 higher; veaiers Strong to Si
higher: stock cattle strong to so higher
most prime fed steers and yearlings $3.50
4l.5o; top, 42.00 for five loads I,ii7
pounds stsers esFs Ssd prime Pn 15oo
and choice fed steers and yearlinss 39 90,
t3S. 90; commercial to low-good grades
sS s9 5o-3I 60: most good and choice heller,
g. ut.z pt1ty and 'ea eaa
largely o. .50-27. SO; Gamers and Cutters w
late. 19.o0-23, 50; utility and commercial
5Siis 5S Is 26 .e0-30 0o; good and choice bulls
eSols. SS sY snd ,sS
steers $3.50; most medium dialnsg and ieeo5oa sood
ss9sssrs siaS,s and feeding steers 20 5os3a 50
not given COMPARED week ago: slaugf-
Ter lambs fully so, higher; choice fed
western and fed native lambs topped at
3s 3s 90; nuik good to choice kinds 1880
and medium natives in fleece 81 .O0-3s. 80;
choice fall shorn lambs reached $3.50;
bulk shorn lambs 34.75-35. 90; bulk COM
aooa t9 @ sGoa sSscs sapshtsr
25 90; bucks: 1s.00-21 90, according to
condition and weight
Evening star., 1951-02-11
Production Declines
In Week Due 10 Cold,
Strike and Controls
BY Richard Fiske
Associofed Press Business Writer

NEW YORK, Feb. 10.-Produc-
tion sagged sadly this week and
business and industry must strug-
gle for many weeks ahead to make
up the losses they suffered at the
hands Of the Gripping railroad
strike.
In the steel industry, for in
stance, it was estimated that more
than 100000 net tons of steel were
lost. Essential orders will have to
be rescheduled, and chat means
other orders already scheduled will
have to be pushed aside, steel men
said.
Controls Slow Output.
Many businessman and in
dustrialist still was plagued by
price and wage control orders they
couldn't understand.
Cotton men, the strategic metals
industry and other operations i'm
portant to defense were near a
standstill as they awaited clarifi-
cation of the freeze orders.
Textile orders poured in, how
ever. from the Army Navy pro-
curement office. On Friday alone
the Army sought more than AZ
million yards of uniform twill.
That's lot of production and it
means a lot of raw cotton.
Meanwhile. the cotton and wool
futures markets remained closed
and manufacturers said clarifica-
tion of the price order must come
quickly or defense production will
be badly impaired.
Textile men said the inability
Of the cotton futures exchanges to
, operate pending clarification left
raw material costs uncertain.
Weather Is Factor.
The Government exempted mill
tary orders for wool goods from
the general freeze but mills and
merchants questioned whether
Evening star., 1951-02-11
Chicago Grain

CHICAGO. Feb. 10 Rp.-Grains moved
within narrow limits in quiet trade
announcement Of price ceilings on soy
beans and some other commodities. This
announcement was believed likely to be
Tuesday.
Soybeans actually showed a little more
moving above the previous close late in
the session after having sold of at the
start. There was some short covering;
Feed grains eased on expectations OF
larger cash receipts and wheat met
profit taking
Wheat closed Ma lower, March 2.5SM;
corn was II to cent lower. March 1.S124:
oats were unchanged to a lower, March
1.O0A; rye was unchanged to % higher,
May 1.S27s-A; soybeans were 54-1A
higher March 3.3S-3 33SA, and lard was
3 cents lower to 10 cents a hundred
pounds higher March 1852.
Evening star., 1951-02-11
Business Briefs

Security and Commodity mar
kets throughout the Nation will
be closed tomorrow. Lincoln's
Birthday. but the Agriculture De-
partment will issue its various
livestock reports.
Bituminous Production In the
week ended February 8 was esti-
mated at 9,525. 900 tons, a drop of
about Q million tons from the pre-
vious week. but considerably above
the 6,540,000 tons of the like week
a year ago.-National Coal Asso-
citation.
Crude Petroleum Stocks. for
eign and domestic, on February 3
totaled 242.798,000 barrels. a net
decrease of 1892 900 barrels for
the week-Bureau of Mines.
Business Inventories at the close
of 1850 were estimated at SCI bill
lion, rejecting an increase Of $9.7
billion during the year. - Com
merce Department.
Domestic Freight Cars on order
February l totaled 144,768. the
highest in history. January or
ders for 1886 cars were only
slightly under the 30.065. highest
in 25 years, ordered last July, i'm
mediately after the outbreak of
the Korean War.-Am. Rwy. Car
Inst. and Assoc. of Am. Rds.
Tidewater Industries, Inc, a new
firm whose hackers have not been
disclosed, plans to construct steel
mill on the James River, just east
of Richmond. Va. Plans to use
South American ore and employ
8, 1000 to 10000 are reported.
Adam Hat Stores, Inc. January
sales totaled $1,158,394. up $50
from 1850. December sales were
down 500 from 1949.
New York Telephone Co. in year
ended December 81 earned $46,-
sol ,955 VS.. $28.802, ,685 in l949.
Lone Star Gas Co. in year ended
December 81 earned 11,579,821 or
$2.11 a share VS.. $9,847, ,433 or
$1.79 in 1949.
American Wo0len Co, Inc. in
year ended December 81 earned
$5, ,309, $50 or $4.39 q share VS..
$2.194.451 or $1.18 in 1949.
Chesapeake Corp. of Va. in year
ended December 81 earned $2,777.-
335 or $3.50 a share VS.. $1,729, SGT
or $2.99 in 1949.
Republic Natural Gas Co. in 6
months ended December 81 earned
before taxes $2,144,310 VS.. $1,65I,-
095 in 1949.
WHY'S Overland Motors in. 8
months ended December 81 earned
$l,078.574 or "a cents a share VS..
$75.205 or rs cents on the pre-
ferred in 1949.
Hoskins Manufacturing Co. in
year ended December 81 earned
$1.091 $50 or 1927 a share VS..
$600.750 or $1.25 in 1949.
General Cigar Co. in year ended
December 81 earned $894,535 or
S1.15 a share VS.. 1.027 ,528 or $1.43
in 1949.
Valspar Corp. in year ended No
vember 80 earned $819,356 or $l.34
a share VS.. $489,542 or rs cents in
1949.
General Finance Corp. In year
ended December 81 earned 81, ,845,-,
921 or $1.54 a share VS.. $1,036,7 ,744
or 83 cents in 1949.
Van Norman Co. in year ended
December 81 earned $847,535 or
1928 a share VS.. $38,396 or 10
cents in 1949.
Evening star., 1951-02-11
Annual Coin Test Due

Mrs. Nellie Tayioe Ross, director
of the Mint. announced that she
will convene the Annual Essay
Commission at the Philadelphia
Mint Wednesday morning for the
traditional trial Of the coins. "
One silver coin from each 10000
made at all mints during the year
are tested as to weight at the
annual event which dates back
to 1892.
Evening star., 1951-02-11
Market AVERAGES
T obucco Markets

LOUISVILLE. KY. Feb. 10 R.-Burley
ket in Kentucky yesterdey-Lexington :.
The State Agriculture Department said
s iaes tosnea sa sversee g. 9Snsss s S4s
weight. This compared with Thursdays
average of 1920 when sales were held
at Lexington and Mayfield. Volume
Thursday was s5,304 pounds
Gross sales in the eight-State hurley
belt Thursday amounted to 129. $50
pounds for an average of S44.40. the
Federal-State Market News Service re-
ported This brought the seasons figures
to 523,613.7l6 pounds tor o S4s.S1
average.
Evening star., 1951-02-11
Speaker at American u.

Luther Beale. employe rela-
tions manager. Safeway Stores of
Washington, will address students
OF business administration of
American University on Wednes-
day at 10:40 am. He will speak
on Careers in Mass Food Re-
failing"
Evening star., 1951-02-11

Coty, Inc. in 6 months ended
December 81 earned $540,943 or Sc
cents a share VS.. $757,922 or 81
cents in 1949 period.
Evening star., 1951-02-11
CURB SUMMARY

FURNISHED by the Associated Press.)
selected list Of active stocks on the
New York Curb Exchange, showing tho
high, low and closing price for the week
and the net change from the previous
weeks close.
Mat
Evening star., 1951-02-11
Chicago Cash Market.

Chicago Cash Market.
No wheat corn--No. 2 yellow, Isl
1.s2; No. 4, 170-1 :74H; No. 5, l.54H-
65; sample grade, 1.67h. Oats-Sample
heavy: heavy. whit White, sSsA. % %BsrleyMMaftins.
1.30-1.71 nominal; feed. 1.05-1.25 nom
Evening star., 1951-02-11
Over-the-Counter Market

The following bid and asked prices are
obtained from the National Association of
Securities Dealers, Inc, and other sources.
but are unofficial They do not represent
actual transactions; they are intended as
guide to the approximate. range within
sold Indicated by the bidl or bought Gn-
dicated by the asked at the time of COM
pilation 12 noon, Friday. Origin OF
Evening star., 1951-02-11
Dividends Announced

Koppers Co., Inc, appointed c..
A. Kral. vice president of it's en-
gineering and construction divi-
sion. s.
Evening star., 1951-02-11
BOND SUMMARY

Furnished by the Associated Press.)
A selected list of active bonds on the
New York Stock Exchange, showing the
high, low and closing price for the week
and the net change from the previous
weeks close.
Evening star., 1951-02-11

HAteS Ul QlVldendS IN the foreROfnR
table are annual disbursements based on
the last quarterly or semi-annual declara-
extra dividends are not included
Ex dividend xr Eek rights CID Called
pit pd Part paid. ur Under rule war War
rants WV With warrants. XIV Without
warrants. Also extra or extras b Plus
stock dividend Cash. OF stock De-
clared or paid SO far this year Payable
in stock estimated cash value on ex-divi-
dend date g Paid last year b Declared
or paid after stock dividend or split-up.
lative issue with dividends In arrears.
p Paid this year, dividend omitted. deferred
or no action taken at last dividend meet
ing. Declared 1949. payable in 1850.
wd When distributed. x-dis Ex-Distribu-
ton. LiQuidating dividend Payable
In stock. exact cash value undetermined
on declaration date.
Evening star., 1951-02-11
Washington Stock EXCHANGE

REPORT Compiled EXCHANGE Officials.I
WASHINGTON STOCK EXCHANGE PoR YEAR 1850 UP TO
AND INCLUDING FRIDAY. FEBRUARY 8.
Evening star., 1951-02-11
MutuuI Funds

NEW YORK, Feb 10 R.-Nattonal
Association Of Securities Dealers inc:
Evening star., 1951-12-26
French Arms Plants Can't Keep
Secrets From Red Workers

Where the men are members of
the powerful Communist-domi-
mated general Confederation of
Labor, it is almost impossible to
remove them without a paralyzing
strike.
The French government con-
|tinues to recognize the CGT as a
Legitimate trade union, though 1t
lis an agent of a foreign power.
American and Allied overtures to
French economic leaders to stamp
out this hard Communist core
have been regretfully repected on
the ground that mo French gov
eminent since the war has been
strong enough to risk a showdown
with the wealthiest trade-union
group in the country"
One ministry was cleared OF
Communists by the device OF
virtually closing it down In an
economy wave. Then a safe man
was put to it to build it up again
with secure personnel. but this
method could not be employed in
any Of the defense ministries and
nationalized industries at a time
when the emphasis is on increased
production and expansion.
Thousands of French workers
support the Communists. and take
their orders as a means of keep
ing the cost of living down. and
Opposing new taxation. Since the
majority of this group are pa
Itriotic Frenchmen at heart, the
governmental problem is how tc
switch them into non-Com-
lmunist-controlled unions. The
ICGT controls 60 to rs per cent
Iof votes in all union elections.
Evening star., 1951-12-26
Fletcher Knebei:
Potomac Fever

happy fathers good cheer Christmas can't return
this year.
fund to the Hungaran-held American flyers is
sweled by public donations
The Hungarian refused pilots
sions had been obtained from Moscow.
Senator Eender of Louisiana invites Austras
tell about scandals in foreign spending found guilty Of
wasting Europe the administration
itself promptly-by paying IS billion fine in Asia.
u N diplomats kick their spots.
Doubletak habitformng the diplomats only the
The Steel Workers Union considers President Trnan threat
to invoke the Hartley steel strike Nobody
knows what Truman would without Taft Every time
Presidents in trouble speech.
Secret Service counteeng being held
in check The trouble with conerfetng that by time
you make dollar. you've already lost so cents.
The Soviet launches the Russians
that travelling American writers lecturers The
munists with word say they'll defend
the death their right to keep you from saying it.
Evening star., 1951-12-26

Parties will convene in Chicago
to name their choice for the
presidency of the United States.
We are in a unique situation.
The President of the Nation, al
though legally permitted to
seek denomination, is widely
regarded by the informed press
as reluctant to run for a new
term. A military leader. who
has repeatedly insisted that mill
tary leaders are not trained by
experience or background to ad-
minister public affairs. is being
injected into the picture by
jealous partisans of both politi-
cal parties.
only one man is eagerly
seeking the presidential nomi-
nation. Others have evinced
minor degrees of interest, but
they are regarded as candidates
in-Spite-of- themselves who have
permitted their names to be in
jected as part of a stop some
one-else drive. With the Repub-
hcan convention slated for the
first week in July, Senator Rob-
ert A. Taft is far and away the
leading candidate for the pres
idency."
While George Bender is strict
ly accurate about the Senator
eagerly seeking" the nomina-
ton and being the leading can
diate today, those who do not
want "Taftism" triumphant
could not go along with his
cavalier disregard of other can
didates as mere stop-some one
elses. But they may find them
selves in exactly that sterile po-
sition at the convention If they
do not get busy and make posi-
tive campaigns to get delegates,
whether it be for the general or
some one else. Representative
Bender knows that and is on
firm ground strategically there.
Whether politcally-motivate
or not, he has raised, too, a
sound isue about a military man
in the White House. It must be
raised and faced by our people.
1t may be important. We have
Evening star., 1951-12-26

covering those employees who are
under the jurisdiction of the
Wage Sterilization Board can
not be applied to the profession
al, executive and administrative
employees who come under the
Salary Sterilization Board.
During World War II salary
stabilization rules were admins
tered by the Bureau of Internal
Revenue in the Treasury De-
partment. The situation grows
more serious this time because
there Is no adequate machinery
to handle the cases but the same
penalty-refusal to allow tax
deductions for increases in sal
aries that are not authorized
is being applied. Employers cam
not keep up with the regulations
without some sort of explana-
ton in the numerous cases that
are not covered by any regula-
tionS.
AS the Salary Sterilization Of
flee has explained it. the board
is trying to formulate "self-ad-
ministering" regulations so that
the employers can determine the
answers to the problems for
themselves. But nevertheless
there are three categories of
cases which are arising in large
numbers:
Cd Those not covered by the
rules.
(2b Those which are not al
iowable under the rules but in
which employers have justifiable
exceptions.
80 Those in which employers
can make their own determina-
tions but wish written approvals
from the Office of Salary Stabi-
lization to assure the validity of
their actions.
There is genuine fear among
employers concerning the severe
penalties that can be imposed,
and when in doubt many an
employer would rather have de-
finite word from the Govern
ment as to his case.
When Congress reasSembles,
there undoubtedly will have to
Evening star., 1951-12-26

be some emergency arrange
ments made to take care Of this
situation. Some relief has been
afforded by authorizing the
wage and hour division of the
Labor Department. through its
field Offices, to distribute and
explain regulations. This, how
ever, is not adequate. Branch
offices are to be opened the first
week in January by the Salary
Sterilization Board in Boston.
New York. Philadelphia. Rich
mond. Atlanta, Cleveland. De-
troit. Chicago. Minneapolis.
Kansas City. Dallas, Denver.
Seattle and San Francisco, but
the funds to staff these Offices
are lacking.
Lack of money, however.
isn't the only handicap. There
has been difficulty in recruiting
qualified personnel. Most of
the burden of running the whole
salary stabilization program
has fallen on two men-Jo-
seph Cooper, the director. and
Henry Rothschild, of New York,
general counsel.
The salary stabilization mess
is an example of what snags
the control program has run
into through the mistaken poll
icy of assuming that existing
Government agencies could
swing the load without much
increase in personnel. 1t isn't
working that way, and the dam
age to American industry as a
consequence is many times
greater than the appropriations
involved. Just why Congress has
been so parsimonious in this
instance while being so pro-
f1igate in so many other in
stances of personnel for the
control agencies is one of the
mysteries Of Washington, ex-
cept that some one may have
had the idea that the way to
smother salary stabilization was
to deprive it of proper personnel
and funds. 1t isn't. however.
working out that way, either.
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