davidaulloa/AmericanStories huggingface dataset:
Evening star., 1951-10-08
N. 7. Bond Market
Furnished By the Associated Press,)
LIST INELIlNES ONLY Sci ECTRn ~ SSllRR

G Associated Press.)
LY SELECTED ISSUES
4Hud&M RI 5s57 o4ia
b HIM inc 5s 81 3o
4 c 434s 66 100
iCCSL As 63 1oliA
Leh v 4s 2003A eohs
Leh v As 20O3D -
MKT ad 5s67 TIA
SN-K-T 1st4s90 8Slz
Mo-Pac 5s 85A lib
IMo-Pac 5s 77F Al3
IS 81 I li3
Morrel&Co3s5S 100
> Mor&E3 la2UUu .9'A
2 Nat Steel Is 81 1919
NOTM 5has 54 looLs
Q N Y c 5s 20l3 74la
; NYC4 has2Ol3A 67M
{ NYCMc 31as98 81
4 NYNHin4as'22 60
NYNHH4s2U07 o6i/a
. N Y o W Is 90 ehs
. NoPac4 1as2O47 e5
. No Pac 4h2s IS lc4M
3 No Pac Is 81 lo4ih
. Pac G&E IS "a 1oo1s
q PennRR4 1as65 1914
PennRR4 AsSl 92M
. Phllipn Ry 1887 IL
q aeyr Tob 3s u 1oo]z
. SLSF 4 Kas 2022 S5is
3 ca aDin4 Ias2O16 so
. So Pac 4has 81 s4iA
. So Pac 4las 80 S7lh
q SoPac4 'asOr77 1ooiA
SO Fac CIV $3.50 1924
So Ry AZ So 1914
Z Tex Cp IS is lo3N
Third Ave 5sB0 25M
4 Third Ave 4s60 S.
elVanad3 "a s65cld Hay
+ W Sh fs 23fl 8.
z Whist cv3lz65- lcoik
Evening star., 1951-10-08
Stock Gains Continue
But Most Are Slight;
Traders SeIective
BY the Associated Press

NEW YORK, Oct. 8.-The stock
market continued its advance to-
day but it was a hesitant step
forward and gains were mostly in
small fractions.
Traders were optimistic for the
long-term future but they were
at the same time cautious in their
transactions. There was evidence
OF their selectivity in trading.
The market continued active
but backed away somewhat from
the brisk pace with which it
opened.
Eyes Kept on Gold Shares.
Many traders kept an eye on
the gold stocks in view of Can
ada's weekend announcement
that she would sell part of her
gold production for non-monetary
purposes in world markets.
| The Canadian exchanges were
closed today because of the
Thanksgiving holiday in the Do
minion and any reaction to the
announcement was watched for
in New York.
Howe Sound, a gold and cop
per mining operation, was ahead
two points at one time and such
other gold mining shares as Dome
Mcintyre and Alaska Juneau were
up fractions.
Mining Stocks Strong.
Mining stocks generally were
among the stronger groups. Ken
necott Copper, American Smelt-
ing, Phelps Dodge and Interna-
tional Nickel all moved up a bit
Anaconda was on the losing side
by small fraction.
Steels backed down somewhat
from their earlier strength with
Republic and Youngstown among
the advances and United States
Steel and Bethlehem among the
declines.
Price changes throughout al
categories were very narrow anc
only at intervals did gain of g
point or more show up. There
were fairly even mixtures of gain.
and losses in most groups.
Evening star., 1951-10-08

tee, and George E. Warfield, ex-
ecutive vice president Of the First
National of Alexandria, is on the
Resolutions Committee.
The Maryland association ap-
pointed William Bowie, vice pres
ident of Suburban Trust Co., and
Francis Miller. executive vice pres
ident, Savings Institution of
Sandy Spring, to its Agricultural
Committee. w. Russell Howard,
cashier of the First National of
Southern Maryland at Marlboro,
j. Robert Sherwood, vice presi-
dent Of Suburban Trust, and AL
fred H. Smith, president of Citi-
zens' Bank of Riverdale, will serve
on the Bank Management Com
mittee. James P. Casbarian, pres
ident of the Bank of Bowie and
Seat Pleasant Bank, is on the
Convention Commimttee, while T.
Howard Duckett, board chairman
OF Suburban Trust, is on the Fed
eral Legislative Committee. In
cluded on the State Legislative
Committee are: Arthur C.
Keefer, counsel. Suburban Trust,
and Alfred H. Smith, president,
Citizens Bank of Riverdale.
Rail Man FOreseeS Big Job.
Donald v. Fraser, president of
the Observation-Disclosures Lines,
predicted today that the task that
lies ahead for the transportation
industry in meeting military and
civilian needs, may assume even
greater proportions than at the
peak Of World War H."
Representing the Nations rail-
roads at the three day convention
OF the National Defense Trans
portation Association, whic h
opened in San Antonio, Tex, Mr.
Fraser outlined the magnitude of
this country's transportation
facilities of all kinds. Sum
marily speaking" the Southwest
railroad executive said, "the rail-
ROADS are In better shape today to
serve the Nation in it's defense
efforts than at any other time
in history"
John Mather Lupton, president
of the New York advertising
agency bearing his name, will
bring the farm theme to members
of the Advertising Club of Wash.
ington at tomorrow's luncheon ir
the Hotel Statler. In farmers
costume, complete with straw hat
and overalls, he will speak on 1.-THE
Tools of Advertising and How tc
Use them" This interesting anc
informal visual presentation ex.
plains how the tools of advertising
can be sold to management.
Mr.. Lupton chose the farm
theme" because research has
proved, he said, that the majority
of executives either were born or
a farm, own a farm, or intend te
buy farm on which to retire. He
organized his own advertising
company in New York in 1914
after serving for a number ot
years with various manufacturer.
and business corporations.
Evening star., 1951-10-08
New York Cotton

spurted upward to gains OF more than SIS
bale in forenoon trading today. infil-
enced by an unexpected Government crop
production by 500 900 bales. Traders
generally looked. for an increase Of at
least 100000 bales. Those who had sold
buy back their contracts. The sharp rise
brought out increased hedge selling and
the market dropped back sharply from
bale
The Agriculture Department in explain
ing its lower estimate compared with the
September outlook of lT.291 900 bales,
said that the prolonged drought and high
temperatures extending into early Septem.
Der prsyented bolls from reaching normal
opening of the bolls in the Central Belt.
Noon prices, were 81 80 to So. 3.1O a bale
hleher than the previous close, October
Evening star., 1951-10-08
Chicago Livestock

CHICAGO, Oct. s. bF9 UsDA,.--salable
hogs 1000: slow. 5o-75 cents lower on
both butchers and sows: top u SO fol
choice 190-270 pounds 21.50-2l. rs; late
sales mostly q - and under. few 160.
lSQ pounds 20.50-2l So odd lots UP tc
$50 pounds down to 1875: sows 400
pounds and under mostly l9.O0-20. Is; lew
21 90; 400-5o0 pounds 1900 90; few
up to around 500 pounds as low as IL. 90
,os saia6le cattle II 900; salable calves
strong; later trade and general market
slow. steady to. so cents lower; heifers
also steady to so cents lower; cows scarce
strong, other. classes steady; load high
prime heavy fed steers 1910; bulk prime
steers 3s.5o-40.00; few loads 1925; most
choice to low-prime steers 35 .O0-3S 25;
good TO- low:choice 31.00-34.75: choice
and prime heifers 33.5O-3S 20: high
utility and commercial cows 26,Qo-29. %;
most canner TO utility COWS lS.00-e5,50;
mereial to prime yealers g. oo-37 90,
top 32, 90 on choice to prime Montana
range lambs: top native lambs 81 80;
choice to prime yearlings 29.00-29. .25;
slaughter ewes 12.50-16.O0,
Evening star., 1951-10-08
5th District Survey
Shows Business Good
Despite Weak Spots
By Nelson M. Shepard

Good business prospects in the
fifth district, including Washing
ton, were forecast today in a re-
port Of the Federal Reserve Bank
of Richmond. Va. despite the
appearance of "a few weak spots.
With employment reaching to-
ward peak levels, the Richmond
bank reported these encouraging
signs: Improvement is noted in
the cotton textile industry, SO
vital to the Carolinas especially
With the rise in employment,
there appears to be a better de-
mand for furniture. Construction
is expanding. having a good ef-
feet, of course, on the lumber
market. Bank loans are moving
upward.
Reserve Bank economists keep
a sharp eye on conditions in the
area. which includes the Caro-
linas. the Virginias, Maryland and
the District of Columbia. AL
though its analyses of business
and industrial trends are mainly
of interest to bankers and busi-
nessmen, the Richmond bank S
monthly review and reports are
available to the interested public
BabSon Is BulliSh.
Arthur c. Babson, vice preSi-
dent of Babson's Reports, Inc, to-
day expressed the opinion that
business activity in Washington
during 1852 will come very close
to matching the present banner
year" He made the forecast be-
fore a group of clients attending
the annual Babson Conference in
the Congressional room of the
Willard Hotel.
Higher government salaries
will have their effect upon local
trade" he said, while there is
every reason to expect an ex.
tremely heavy tourist influx as
military production is stepped up"
Commenting on national buSi-
ness and commodity outlook for
1852, Mr.. Babson said 1852 will
be another year of "well-sus-
tanned" business. The volume
will remain amazingly high in
comparison with all prev war
standards" he said, "and more
than passably good even in terms
Of the high level of 1851"
Serve State Associations.
Many bankers from Washington
suburban sections will serve on
important committees of the Vir-
ginia Bankers Association and the
Maryland Bankers Association for
the coming year.
The Virginia association has
named T. E. Sebrell III, secretary
treasurer of the Clarendon Trust
Co., as chairman of its committee
Evening star., 1951-10-08
Sales

Hourly Sales On the Exchange Today:
ll:OO am. 4lo 600 1870 noon $40 900
100 pm. 16o 600 300 p.m. o 600 600
funit Of trading 10 sharea sIn pank.
yuptcy Or receivershtp Or being reorganIzeA
assumed by such companies. Rates Of divi-
dends In the foregoing table are snnual
or semiannual declaration. Unless other
wise noted special or extra dividends are
not included. CID Called. Ex-dividepd.
last year fpayabls In stock estimated
ciared or paid 60. lar this vesr sDe.
clared or paid. after stock dividend or
split up; 1 Declared Or paid this year ii,
rears. p Paid this year. dividends omitted,
deferred OF no action taken at last divi-
dssPbd sb %sstins pss asoes a1Saas Or q
dividend; Paysbls e stock, sxset fash
Evening star., 1951-10-08
Chicago Grain

CHICAGO. Oct. 8 R,.-Fractional price
changes. mostly on the lower side. rulee
In the grain pits on the Board OF Trade
and, except for the short-lived buyine
furry in soybeans, never picked up much
The buying furry in soybeans followed
issuance Of the Governments monthly
cotton crop report, which, much to every
ones surprise lowered the forecast Fl ON
generally been expected the estimate would
be raised.
Corn was about the weakest cereal
tne for drying out the crop. In wheat
there appeared to be some switching from
the nearby contracts into. May and July.
higher; December 2.463s, corn X-a lower.
December 1.76ss. oats unchanged to IL
lower, December, s7A; soybeans 2 lower
2 to 40 cents hundred pounds lower =
October offered at 1890. "o.
Evening star., 1951-10-08

on State legisla-
tion. w. E.
Robey, execu-
tive vice presi-
dent of Old Do
minion Bank, is
a member of
the Committee
on Bank Pro-
lection and In
Surance, E. F.
S h er W o o d,
treasurer of Ar
1ington Trus t
Co.. is on the
c o n S u m e r
Credit Commit
Evening star., 1951-10-08
Foreign Exchange

NEW YORK. Oct. 8 GP.-Foreign ex
change rates follow Great Britain II
dollars. Others In cents): -
Canadian dollar In New York oper
market. 5,s per cent discount or 94.S1H
Europe--Great Britain (pound), 2.79ls
unchanged 30-day futures, 2.7sIs, un.
chsnsed; so:day Soday iutures., iataFes, s6|s Tn un
changed: Belgium tfranc), 1.9SSs, uI
.O0b Of cent; France (franc). .2ss%
q q a. 2 cent, unchanged;, Holland tguilder)
cent, unchanged; Portugal (escudo)
3.4S, unchanged: Sweden (krona), 1885
unchanged; Switzerland dranc) (free)
.97, UNCHANGED.
Latin America--Argentina&{ {free). 7.12.
UNCHANGED; Brazil !free), .5.5a unchanged;
Mexico, l1;S7. UNCHANGED; Venezuela (bo-
Hvar). 80.0S. unchanged.
Evening star., 1951-10-08
Italian Manufacture
Of Autos Coins 3O96
BY the Assoeiated Press

ROME, Oct. 8.-Italy's automo-
bile manufacture has increased
80 per cent over the first half of
last year.
In the first six months of 1851,
the industry produced 64,581
private cars. 79,399 vans, 1922
trucks and 985 buses.
In the first half of last year,
the output was 46,l37 private cars,
8,305 vans, 1904 trucks and 1878
buses.
Evening star., 1951-10-08

Furnished BY q
LIST INCLUDES o!
rOREIGN L.,
Australia 5s So lo1
Grk 1864 pt pd ~
Grk 6s6s OF I'd IL
1t p ut 2-3s77- Al
Japan Gas 81 81
Mex As 1868 n
Sm asc Ia
Netherin334S57 S3
Peru LIST 6s 90 ~
jerpsC CtsSl7S62 IL
ShinyetEl6h52 80
rokyoEl1t6s53 t6
Urug a 4 lss 70 81
NEW YORK CITY
Is 80 llC
DOMESTIC l2.j
Am&FPhs2O30 S.
AmT&T 33sst;3 l2O
AmT&T 3Ass73 1oo
AmT&1 2a4s57 lie
AmT&T 2As6l l12
AmT&T 2Ass0 IS
AmT&T 2sssS0 81
B q o Is 90 J 6e
B&O cv4h2OJo sc
But N E 2a4s 70 81
Can Sou 5s go loA
CanPac As perp Iol
CGa 42s2020B 4 50
CRRNJ 3As 81 Ae
C&NW 4 1as 90 e2
CTHSE2A4A94 -
Chi Us 3Kas R:} lo5
Comlth Ed 3s77 lol
CGEBcv2 kaS62 llA
ConsuP 2Bs rs oa
Del&Hud As 63 loc
DouCh2 35sRl 90
Erie 4 i2s 2G15 -
Fla E est IS "A "a
Hud C 5S g. A lol
Evening star., 1951-10-08
Fish Worth S365 Million

BOSTON.-The 1850 United
States and Alaska catch of fish
and shellf1sh totaled about 40 bill
lion pounds and was worth $685.
100000 to the fishermen.
Evening star., 1951-10-08
Metal Quotations

NEW YORK. Oct. R.-spot metal
prices today: Copper Az cents q pound
Connecticut Valley. Lead 10 cents a
pound, New York, Zinc 1914 cents a
pound. East St Louis. Tin 1O3 a pound
New York. Scrap steel, No. 1 heavy. A 90.
Evening star., 1951-10-08

New York Central Railroad
will build a 81 million plant at
Elkhart, Ind, to service diesel
locomotives.
Evening star., 1951-10-08
CUSTOMERS BROKER

N. Y. Stock Exehonse firm hos opening
for Customers Broker in its Washington
office. Excellent opportunity. Liberal com.
pensotion. Reply in strict confidence. Our
stoff knows Of this advertisement.
Box 40x, Stor
The globe-independent. (Hagerstown, Md.) 1943-19??, 1951-02-01
News Of Boys
In The Service

James E. Recher, seaman recruit.
U S Navy, son of Mr.. and Mrs. Earl
j. Recher, Chewsville, is undergoing
recruit training at the worlds larg-
est Naval Training Center, Great
Lakes, Ill.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1951-02-01
Television Aerial
Can Be Dangerous

Television set owners, and those
persons planning to purchase sets,
were advised this week to make sure
that their television aerial is so plac-
ed that it is not near power lines,
nor will come in contact with the
lines if it falls.
The warning was given by a
spokesman for the Potomac Edison
Company who said that recently an
aerial fell across power line near
Hancock, and serious accident was
narrowly averted. The occupant of
the house notified the utility com
pany Immediately, crews were dis
patched to the scene, and damage
was held to a minimum.
In commenting on the accident, the
official pointed out that the owner
of the set could easily have lost his
home by fire, or perhaps suffered
severe physical injuries himself. He
further stated that when an aerial
falls across a power line, there is not
only danger of fire and personal in
jury, but also the almost certain
power interruptions to other custom
ers using the same power line.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1951-02-01

James A. BARLEY, ships service
man, second class, U. S. Navy, whose
home address is 1904 Hamilton Bou-
levard, is serving aboard the des-
troyer USS John R. Pierce, unit
Of the United States Sixth Fleet,
which has just completed visit to
the historic city of Venice, Italy.
During the three-day visit to
Venice, the crew were hosts to 35
Italian school children, ranging in
age from 5 to 10 years, who were
treated with turkey dinner, com
plete with all the trimmings, fol-
lowed by movie show of popular
American comic cartoons.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1951-02-01
Churches Will Hold
Special Services
Gone Great Hour OF Sharing"
To Be Observed In Protestant
Churches On February IL.

Zone Great Hour of Sharing" an
annual event of the National Coun-
Gil of Churches of Christ of America,
will be held throughout the nation
on Sunday, February II.
The day is set aside for the giving
of funds for relief work carried on
by all the churches, and members
will be asked to attend the service
of worship at their church and to
bring their offerings at that time.
The unified program is carried on by
all the Protestant denominations af-
filiated with the National Council
of Churches.
Throughout the week of February
4, radio and television networks will
carry programs to inform the public
of the work conducted by Church
World Service and during that week
the various Protestant churches
throughout the nation will be making
their plans for the event.
DR.. Franklin Clark Fry, president
of the United Lutheran Church in
America, has been appointed the
representative of the Department of
Church World Service and the
World Council of Churches, to make
world tour for study of the needs
of the churches in Europe and Asia.
He will return to America on Fri
day, February 9, to give report of
his findings, which will be covered
by the press, magazines and radio
and television networks.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1951-02-01
AROUND TOWN
WITH THE EDITOR

City each appropriated the sum of
$4,000 for this purpose, but it now
transpires that the bids received by
the YMCA building committee were
more than double the $4,000 avail
able for the project. New specifica-
tons were then drawn up and sub
mitted to the bidders and low bid
of $4,000 Exclusive of equipment)
has been received. The new bid
provides for an addition to the build
ing, Is feet by Sc feet, to accommo-
date showers for both boys and
girls, in connection with the gymna-
stun. Since the lowest bid is APP
proximately $4,000 more than the
combined appropriations of the City
and County, the Board of County
Commissioners, at their regular
meeting on Tuesday, voted to APP
propriate further sum of $4,000,
provided the City does likewise
(Which 1 understand they wild.
The Board, at their meeting, also
passed unanimous resolution re-
questing the five County members
to the House of Delegates, and our
State Senator, to do everything in
their power to get the State to ap-
propriate the necessary funds for
the erection of a Chronic Disease
Hospital in Hagerstown.
The property for such hospital
was decided by the Board of County
Commissioners a year or more ago
and it now becomes imperative that
the hospital be built, since the pres
ent Chronic Disease Hospital at
Camp Richie, to which patients from
this area have been sent, will no
longer be available, due to the fact
that the United States Government
is taking over the entire property.
At the request of the FBI, we
published in our issue of January 4
picture and description of Edgar
Lee Leak, dangerous, armed Grim
inal wanted by the FBI on several
charges.
Under date of January "a, we were
advised by the Baltimore office of
the FBI that Leak was taken into
custody by the Missouri State High
way Patrol at Cuba, Missouri on
January Is.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1951-02-01
Boy Scouts Program
For Civil Defense
Program Presented To Local
Red Cross And Chairman Of
County Defense.

Mr.. Walter w Kittell, chairman
of Activities for the Washington
County District, Boy Scouts of
America, announced yesterday that
the Boy Scouts are organized for
participation in the County Civil
Defense program. The plan of the
Scouts, which includes an emphasis
on training and development of the
skills of Scouting to be prepared for
any disaster that might occur, has
been presented to the Red Cross and
to Mr.. Mobley, chairman of the
County Civil Defense program.
There are seven major items in
the plan:
Communications Service-Assist-
ing in organizing, training and par
ticipating in emergency civil defense
messenger services.
First Aid, Food, Clothing, Shelter
Assisting the American Red Cross
in its program of first aid training
and cooperating with such local or
carnations as may be responsible
for provisions of food, clothing and
shelter during emergency periods.
Rescue and Ambulance Services
Assisting rescue Units and ambu-
lance service when required.
Self-Protection- its mem.
bers and make them available to
work with civil defense leaders in
self-protection, organized self-pro-
lection programs, and auxiliary pro-
grams such as aircraft observer pro-
grams.
Use of Scout Camp Facilities for
Evacuees- Make available and OPP
crate Boy Scout owned camps for
evacuees, and to provide activities
in such centers.
Providing Leadership for other
Evacuee Camps - Train and make
available itsimembers for operation
of other evacuee camps.
Other Civil Defense Activities -
Make available its organized group
of men and boys and resources for
participation in civil defense activi-
ties as needed.
All Scout Units are to be asked to
develop an emergency mobilization
plan, and training courses in first aid
and emergency service will be Of
fered to all leaders and Scouts Is
years old or over.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1951-02-01
Thoughtful OF Others

A fuel truck driver, fearing an
explosion, drove his burning truck
a safe distance from residences along
the Bladensburg road, near Wash
ington, the other night before
jumping from the cab. One unit of
the tank exploded but no one was
injured. The driver, Albert H. Hen
nige, of Washington, said he was
warned by passerby that his truck
was afiame.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1951-02-01
Blood Test May Determine
If Person Is Mentally iii

One of these days-perhaps not
too far away-the medical world
may be able to tell whether a per-
son is mentally i'll simply by giving
him a blood test. At least, that is
the belief of Dr. David I. Macht,
consultant and research pharmaco-
logist at Sinai Hospital, Baltimore,
who relates the results of 10 years
of research in the Southern Medical
Journal.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1951-02-01
Over 500 Farmers
Attend Meeting
Gathering Told What To Ex-
pect During Mobilization For
Defense.

''Place your orders now for farm
ing equipment because it is getting
scarce and plan to get the highest
possible production from your farm
because the demand for your pros
ducts is great and is still growing"
This was the advice given to farm
ers of this area by panel of agri-
cultural experts at the fifth annual
Four State Farmers Meeting held
in Hagerstown, January rs. Over
500 farmers attended.
The panel included leaders from
fie fields - manpowef, machinery,
fertilizer, agricultural marketing,
and social security-and the sub
ject was ''The Effects of Mobilization
on Farming" The panel chairman
was John Magruder, director of
county agents for the University of
Maryland.
Speaking on the question of man.
power on the farms during this time
of emergency, D. A. Tucker, Mary
land State Employment Service
Farm Labor Representative told
the audience that it might become
necessary to import foreign work
ers to harvest the bumper crops
called for by the government. He
said that civilian workers, house
wives and city residents might also
be called upon to assist farmers of
this area with the expected high
farm production, and added that de
Tense work and the draft have de-
creased the number of migrant
workers by over 20 per cent, but
all possible steps are being taken
to assure farmers that no labor
shortage will develop
The capacity audience was advis-
ed to check their present farming
equipment and keep it in tip-top
operating order and also to order
now the machinery they need, for
shortages are bound to occur, and
ALLEGATION of this equipment is prob
ably near. It was also pointed out
that equipment manufacturers have
no parts stockpile as they did prior
to World War II, and because of
this, farmers must all keep ma
chinery in the best of condition to
meet the called-for production.
The group was also urged to stock
up on fertilizer now, instead of
waiting to order it in the spring, to
avoid jam of orders at the last min
ute.
The major points in the new So
cial Security law as it applies to
farmers was explained and the audi
ence was advised, if they need fur
Their details, to write to their To-
cal field offices. Another feature of
the day-long Farmers Meeting was
discussion of new farm machinery
and the most recent advances in de-
sign of existing farm machinery.