davidaulloa/AmericanStories huggingface dataset:
Evening star., 1951-03-15
200 poirs Mems Fancy Royon

Hose. ReouIor length with ny
Ion reinforced toe. Sizes oIz,
l0lz and ll------4-----
rs White ond coIored Shirts.
Fused collar and button cuffs.
Sonforized. Size Ia, l4h, l6
to Is, Broken sizes onIy----
$50 Mems Neekties. Royon.
Wide assortment
100 Foney Bow Ties. Spaced
and repp stripes
IS Mems English Hats. Fur
felt with bound or welt edge
brim. Groy. willow or brown.
Sizes ga to 774--------
As poirs Mems Shoes. Plain
toe groin with leather soIes or
ton groin and brushed leather
combination with crepe soIes.
Sizes: A, 812 to 10 and II
TO u; B. 7I2 to 8I2, ga,
l0R to II; c, 71z to 81, e12,
! to Il; ., 6 to 812, 10,
lOR, M -----
W6L-The Mems Store, secon
Evening star., 1951-03-15
BIouses Reduced

IS Ploid Cotton BIouses, long
sleeved with bow necklines. Loce
ComisoIes over sotin. Jewel
neck royons. Wool blouses with
"a sleeves. Sizes 81 to 38.
Green, red, chortreuse, black,
blue
100 Royon overbIouses with "a
sleeves. Cop-sleeved royon jer-
sey overblouses. Tie silks in
plain colors with bow neckIines.
Sizes 81 to 38. Turquoise, gold
toneerine, royol -----
WGL-Blouses, Third Floor
Evening star., 1951-03-15
Girls and Sub-teen
Apparel, 1875

Were 3.95 and 5.95
so pieces in group. Wool jersey bIouses,
cotton biouses, skotins skirts and wes-
kits. Broken sizes.
100 Pieces Girls Apparel. Cotton knit
polo shirts, cotton gym suits, wool felt
hats and knit hoods. Broken sizes Were
$50 to SOS. Now -s5e
100 Sub-teen Dresses. Cottons, royon
and corduroy jumpers. Assorted dark
coors, sizes 10 to Ia. Were 5.95 to
1896.
WGL-GirIs' Apparel, Fourth Floor
Evening star., 1951-03-15
Junior ond Teen-oge Shoes,

pdIF, 5.S5 We're 7.95 to 9.95
80 pors in group. Potent leather and blue
eoIfskin. Open and closed-boek styles in selee-
tion. Broken sizes Az to 9.
so Pairs ChiIdren's and Misses Brown Strop
Pumps Suede ond eother combinations. Broken
sizes 8 Y to 3. Were $50 to 7.5O Now, Ats
WGl-Junors' ond ChiIdren's Shoes,
Second Floor
Evening star., 1951-03-15
Misses and Women's Evening Dresse
Wool Suits Reduced
Were

SO suits-dressmoker, toiIored, semi-toiIored
styles. Fobries-wool sobordine, crepe, fIan-
mel, novelty tweeds. worsteds. Colors-red,
wine, purple. sroy. royoI, navy, black, rust,
ton, brown and beige. Misses and women's
sizes.
Evening star., 1951-03-15
Teen-oge BIouses, 2.95

We're 5.95 to 7.95
IS in group. Wool jersey in Brown, green and
posteIs. Teen sizes 10 ond IL only.
SO Teen-ose Wool Jersey Skirts. PosteIs ond
dark green and brown. Teen sizes 10 to l6
Were 7.95. Now
so Teen-ase Cotton and Royon BIouses. PosteIs
ond white, teen sizes lO to Is. Were 3.95 to
WGL-Teen-oe Apparel, Fourth Floor
Evening star., 1951-03-15

some pu-ons. White. black, beige, ehomois,
sray.
Were Now
20 Poirs DoubIe-woven Cotton
Shorties. Hond-sewn and de-
toed. White, beige, melon
and lemon Broken Sizes 2.40 l.S5
Il Poirs Double woven NyIon
Gloves, shortie and pull-on
styles. White only y------- 2.40 l.s5
81 Pairs DoubIe-woven Cotton
Gloves, mochine stitched pull
on style. Golden wheot, eroy,
eocoo ------.--------- 200 100
% Poirs DoubIe-woven Cotton
Gloves, machine stitched shorte
style with fIored cuff Groy,
bolenciogo --- 800 ZOO
II Pairs Double woven NyIon
Shorties, rnochine stitched in
beige, black. Broken sizes 800 ZOO
- Pairs Double kyion
Gloves, machine stitched pull
on style. Golden wheot---- 400 100
II Poirs DoubIe-woven Cotton
Gloves. oountIet style with
double cuff White, beige,
navy, boIeneoeo. Sizes and
ga 400 $50
10 Pairs DoubIe-woven Cotton
Gloves. foncy pulI-on style,
navy ond white. Sizes and
ga 500 800
5 Poirs Hond-sewn PulI-on
Gloves, doubIe-woven cotton,
rust and eroy. Size only $50 200
WGL-ooves, First Floor
Evening star., 1951-03-15
Mems Summer Weight
SIocks, 3.85 We're 5.85

IS pairs. oil royon and royon and nyIon mix
lures. Sizes 2s, 80. 81, "a. 3S, 40, AZ. PIons,
pIoids and cords. Every style not in every size.
Were Now
Evening star., 1951-03-15
Were
Winter Coots Reduced

Untrimmed wool eoots-dressmoker and sports
styles. One sroup-sooo wool, 700 nyIon-
light ond warm. Wide choice fabrics, eoIors.
Misses and women's sizes.
Evening star., 1951-03-15
Sportsweor Reduced
174 Pieces Assorted sportsweor:

I74 Pieces Assorted Sportsweor:
dresses skating skirts, jackets,
bIouses. Woods and royons $3.50
Sizes 10 to l8 ------ 1895 5.s5
z9 Royon FoilIe Skirts end
Blouses. White, red. Sizes 10
to Is -- 1895 $50
8 Dresses. Skirts. SIoeks. Wool,
royon, cotton VeVeteen. AS l7.95t to
sorted coIors. Sizes 10 to g 22e5 1915
- Wool Dresses-ossored
styles, coIors. Sizes IL to Is l495 6.75
n Royon Sports Dresses-os-
sorted styles, coIors Sizes 10 1856
to Is ---------- l6e5 s.75
33 Wool Sports D.esses-os-
sorted styles, colors. Sizes 10 25o0to
to l6 1895 1878
WGL-Sportsweor, Third Floor
Evening star., 1951-03-15

Iron ore was discovered on the
west slope of the Alleghanies in
1892,
Evening star., 1951-03-15
Nursery Corner
Reductions

IS ToddIers' Cotton Were : Now
Quilted Robes. Wrap
around styles. Prints,
sizes z and ----- 3.e5 I.s5
l5 Toddiers' Cotton
Flonnel Robes. PosteI
pIoids, sizes 2, 3, 4 = $50 las
40 Cotton Knit Suits.
Two-pieoe with suspender
and boxer pants. Stripes
and Jacquard patterns.
Assorted colors, sizes z,
3, 4 " 3.95 2.95
80 Cotton BoueIe Creepers
with snap crotch. Ir-
reeulors in yellow and
white, sizes ! and T. If
perfect would sell for 2.e5 l.e5
Woxod Birch Toy Chest,
slightly damaged. Has
sliding tray ----- 1895 1875
W6L-Nursev Corner, Fourth Floor
Evening star., 1951-03-15
Cotton FIonneIette Shortie
Gowns, 2.o5 Were 5.95

SOWnSg LID ~ ere 5.9o
II shorte sIip-over gowns, with separate hoods.
PIoids. Medium, large Sizes.
Were Now
10 Cotton chemises. lace trim
White. Sizes 81 to 36-- 2.o5 I.s5
6 Cotton Crepe Sleep Goats,
button front, notch collar.
Size 38 --,----------- 3.95 z.95
20 Royon Crepe Lons-sIeeve
Gowns, toiIored style, bios-cut
skirt. Pink, blue. Sizes 81
ond "a ----------- s.95 z.45
Royon Crepe Gowns, Ioce
trim. Pink blue. Size As 595 3.e5
Rdyon Crepe Hospital Gowns,
loce trim. Large size - 595 3e5
8 puirs Woven Nyon Poiomos,
two-piece style. Prints. Size 81 1895 S.e5
II kyIon CrepeIon Chemise
Slips, Ioce trim. White, pink. 1855
Sizes 81, 34----------- 1495 S.95
5 Woven Nyon Gowns, long
sleeves, button front lace
trim. Pink. Sizes SO, 38---- 1875 1925
WGL-Underweor, Third Floor
Evening star., 1951-03-15

The weasel is the most blood
thirsty killer of all North Ameri
can animals.
Evening star., 1951-03-15
GirdIes, 4.95 Were 1000

l6 GirdIes-nyIon toffeta with rayon eostie,
ripper closing. For average fisure-sizes 26
to 70.
Girdles, 2.95 were 500 to 69s
80 GirdIes-ponties, puIIons and ripper closing
models. Fobries include: NyIon morqusette,
nyIon toffeta, cotton, royon sotin-ol with
elastic poneIs. Sizes Is TO 80.
W6L-Corsets, Third Floor
Evening star., 1951-03-15
So Embroidered Royon
Crepe Slips. $1.95 were

Embroidery trim top, stroisht plus bios skirt
in sroy. Size 81 TO 40.
Were Now
23 Royon Crepe Slips with lace
trimmed ond tailored styles
Navy and block, sizes 81 and AZ 3o5 1.e5
81 Royon Crepe Slips with lace
trim bodice and slash sides.
Champagne, brown, navy in
sizes 81, 40, "A - SOS s.s5
II Bra Top Slips in cotton with
embroidery trim hem, bios skirt.
White in sizes 81 and 3d. Black
in sizes 81 to So - 5.e5 3.e5
Woven NyIon Slips, Ioce trim
bodice ond skirt. Bios cut in
navy. Size 81 - 7e5 5.e5
WGL-Costume Slips, Third Floor
Evening star., 1951-03-15
Millinery SoIon Hats
Reduced

IS Felt Hots. several Were Now
styles and eoiors. pink, l5.00G
violet, navy. Coffee 5000 AIS
WGL-MIiney Salon, Second Floor
Evening star., 1951-03-15
Umbrellas Reduced
Women's Dresses Reduced

regular and half sizes
Rayon erepes-solid eolors and prints. Dinner
dresses-soIid color Foyons. Sizes l6 to a.
i4h 70 2Ah
Evening star., 1951-03-15
Notions Reduced

500 Pieces Toffeta Seom Bind
ing, discontinued color ossort-
IL Sets VeIvet-eovered Skirt
Honsers.' 3 to the set ------
IS Zippers, assorted coIors and
lengths, neck opening styles
100 Nets for indoor or outdoor
use, assorted styles and coIors-
IS Brossieres, "CeIebrity" cot
ton and nyIon, adjustable strops,
white and teorose, broken sizes
and color assortment ----
10 Sewing Boxes, cardboard
construction, quilted plastic and
royon covered----
100 Borreftes, assorted styles
and colors ---
WGL-Notions, First Floor
Evening star., 1951-03-15
Bedroom Furniture Reduced

Were Now
! Solid Maple Bedroom Suite.
Chest n-chest, dresser and mir
ror and double bed --282 1880
] Solid Mohosony Bedroom
Suite. Dresser and mirror,
chest chest and double high
poster bed -------------378 1880
! Large MosnoIio commode 90 1880
5 Walnut Vonity Benches 1900 $50
Mahogany Dresser and Mirror l49OO 1880
! Mahogany Double Bed and
Chest ------------------ 5000 $3.50
! Double Dresser Bose and Mir
and Double Bed in cham
poene ook ---------------22 -229oo 1850
] Mahogany Desk Vanity and
Miro, ---1l5.oo $3.50
! Mohosony Night TobIe--- 5000 1850
I Doubie-sixe Mohosony Bed $3.50 1880
Mahogany finished Night
TobIes -------------- $3.50 1850
! Solid Birch Bedroom Suite
including dresser and mirror,
Vonity and mirror and double
bed Observation-Disclosures 1880
WGL-Bedroom Furniture, Fifth Floor
Evening star., 1951-03-15

Silk prints, royon prints, soIid-eoIor royons
Two-pieee wool suit dresses. wool and royon
print ensembles, few royon foiIIes, two-p piece
Foyon Sotins,
Evening star., 1951-03-15
Walnut Room Fashions
Greatly Reduced
Were

Misses street length dresses in royon erepes,
royon toffetos. ruyon fuilIes. one-pieee and
two-pieee styles.
Evening star., 1951-03-15
Budget Dresses, 3.95
,,,o~o OOS l. 1z0c

aOefP IU.95 TO II.Y5
Misses sixes-shoFter women's sizes.
$50 dresses-taiIorede eIossie types, after-
noon styles. Royon erepes, royon sobor-
dimes. Dark eolors-from black to softer
shodes Of red, green, Others. Misses
sizes 10 TO 20; shorter women's sizes
12h to 24h.
Evening star., 1951-03-15
DoubIe-Woven Cotton

Gloves, Z.Z5 Vere 500
II Poirs in group, hond-sewn shortie styles,
some puII-ons. White. block. beige, ehomois.
sray.
Evening star., 1951-03-15
Budget Dresses, IT'S

1Oere IU.95 to H95
Misses sizes-shorter wemen's sizes.
zoo dresses. Tremendous selection
royon prints. soIid-tone royon sobordines.
afternoon styles in royon erepes, Eayon
foille suits, moternity dresses. Wide color
ronse-in both prints and solid tones.
Misses sizes 10 to 20; shorter women's
sizes l4h to 24K.
WGL-Budget Dresses, Third Floor
Evening star., 1951-03-15
Louneine Robes, Poiomos
Reduced

-. WETe NOV
5-z-pieee Wool Jersey Hostess
Gowns. black with off the shoul-
der trim. Size 0 to IA 4 $500 1855
1-2-pieee Royon Quilted Po-
jonas in navy with red piping,
size 10 o----------------~ 22.95 1865
z Royon Quilted Robes in wrop
style with sotin piping, size 10,
blue and white ------------ 1896 1865
Cotton Houseeoots long,
xIeeved style, wrop ground in
luggage and yellow. Broken
sizes l295 5.e5
WGL-NeoIiaees. Third Floor
Evening star., 1951-03-15

IS Cotton Blouses, long
sleeved with pIoid over
blouses 81 to 38. Royon
bIouses short sIeeved with
lace or beaded trim. 81
to 38. Blue, pink, white
100 NyIon Trieot or Crepe
BIouses with lace or tuck
trim. Royon and Silk
blouses in several short
sIeeved styles. White
green, tongerine, navy,
brown ---------
WGl-Blouses, First Floor
Evening star., 1951-03-15
Misses Dresses Reduced

WGL-Coots ond Suits, Third Floor
Evening star., 1951-03-15

GL-Women's Dresses, Third Floor
Evening star., 1951-03-15
Misses FormoIs Reduced
NyIon BIouses, 1.95

LpPTH OsIO
$50 in group. Split V-reekIine, lace Trim.
White only. 81 70 So. Were Now
IS Cotton BIouses, long
Evening star., 1951-03-15

Shoes, Second Floor
Evening star., 1951-03-15

IL-Junor Misses Apparel, Fourth Floor
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1951-05-03

Power 1870: L. r. Thompson 1855;
Mobile Furn. s. Equip. Co. 1880; Amer.
Hosp. Supply Corp. 6l2s3; sans
1880; The Office Supply Co $3.50,
A S. Aloe Co. 1883; Same 2.39; Same
34lI; Westbrook Mfg Co. 2oS5; same
2d2O; Same 12s.O0; w H. Curtin 9
Co. % 16; Clark Linen s. Equip. co.
5000; Same ASA: Same $3.50; Same
1880; Same .9.45; American Hosp
Supply Corp. 5,657.O4; Gates q BIT
chett lO239 Lexington LUMBER 70.
2 56l.7l; Lexington CONSTRUCTION GO.
! 10000; Same 1,155.15 S: Westprook
Mfg. Co. S7387; Holmes Co. Library
25OOO; Mrs, Irene Money 5000, Mrs
J. B.. Irving $500; Holmes co. DIST No.
2 Hospital LOCO. 90; Clark Linen ana
Equipment Co. $3.50.
The County Superintendent mas tins
day filed his report and the same =
hereby approved.
The Clerk of this Board is hereby
directed to issue warrants in paymen.s
OF all bonds and coupons e tney
are presented for payment.
r. L. Ray, a qualified elector of Dis.
trict No. 5, and F. E. Eakin, a qualltieo
elsctor of District No. 4, T herepy
appointed as trustees of h Holmes
County Junior College for a term end
ing January /. 1854.
II is hereby ordered thai the sum
of $4,000 be donated to Blanche Legate
! the County Winner of the Temperance
Essay Contest for the year 1891
The bid OF Maness Typewriter Ser
vice for the sum of S155.o0 being the
lowest and best bid to furnish the
County with a new typewriter IS mere
by accepted.
The bid OF G.. d. Thornton for the
sum of S5.755.O0 being the best bid Tor
| the timber located on Section is, Town
ship l6, Range 3 East is hereby accept
! ed.
In Re: Fishing from Bridges;
1t appearing that people are stanoils
on the public highway bridges IN
Holmes County fishing in the stIea,lis
crossed by such bridges and tnat tnls
constitutes a source of great oansSf
| and obstructs traffic across such orlu-
| ges in violation of law; ana tne saIns
| having been considered, II Is oIoeree
that all law enforcing oIIic sarahv
| Holmes County and they are neIeoy
| ordered and instructed to prevent uch
, obstruction of such bridges ana 10 pro,
| secute all persons SO SUI
| bridges, and thai a copy OF TINS De
| placed on the public highway bridges
of Holmes County. Mississippi:
1t is hereby ordered that M ~
engineer to perform engineering ser
! vices for Holmes County. as proylueo
! by Section Z of Chapter 6 of the Laws
of the Extraordinary Session, lS4S oi
the Legislature of the State of MISS:
The following accounts are hereby
| allowed payable out of the county
Funds as follows:
M. S. Rogers, Pres, M.B.S. No. 2. 200 90;
K. p. Thomas, M. B. S. No. 3, 200 90;
C. C. Campbell. NJ. B. S. No. 4. 200 90:
| G. w. Ellison, M. b. S. No. S. 200. 90;
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1951-05-03
NOTICE TO
PURCHASE NEW TRUCK

Pursuant to an order of the
Board of Supervisors of Holmes
County, Mississippi, notice is
hereby given hat the Board will
receive bids at their Regular
May, 1851 Meeting for the sale
to it of one new 2 ton short wheel
base truck with dump body, for
the use and benefit of Road Dis
trict No. l. The Board reserves
the right to reject any or all bids.
Witness my hand this End day
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1951-05-03
Positions Open
For Engineers

Redstone Arsenal, located at
Huntsville, Alabama, has position
vacancies for engineers. Profess
sional men and women in this ca
tegory are engaged in research
and development on guided mis-
sells and rockets. This ordnance
installation dept. of Army has
been set up on a permanent basis
with well-equipped laboratories
and shops to fulfill its mission.
Huntsville, located in the Ten
nessee valley, is well served by
east, west, north and south high
ways. Also, Huntsville is on the
main line of the Southern rail-
road. Housing needs are being
for on a definitely planned, we'll
organized building program.
Vacancies include the following
specialized fields: Mechanical,
electrical, electronics, design, gy-
roscope and chemical. In addition
to these specialists, mathematical
ans, research chemists, physicists
and craftsmen are also needed. A
representative from Redstone Ar
senal will be at the Greenwood
office of the Mississippi State En-
ployment Service on April 80, for
the purpose of interviewing and
making final commitment offers
for those professionally qualified
individuals desiring to accept
Redstone positions. Salary de-
termination will be made OF the
basis of the individuals qualifi-
cations considering quality and
length of experience. At the time
of the interview, all applicants
must have a completed employ
ment application. The applica-
ton for Federal employment can
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1951-05-03
of April, 1851.
Parham H. Williams, Clerk.
52-4tnp
NOTICE TO SELL OLD TRUCK

Pursuant to an order of the
Board of Supervisors of Holmes
County, Mississippi, notice is
hereby given that the Board will
receive bids at their Regular May
1851 Meeting for the purchase
from it of n old 1910 Model
Chevrolet Truck now being used
by Road District No. 1. The
Board reserves the right to e
ject any or all bids.
Witness my hand this End day
of April, 1851.
Parham H. Williams, Clerk.
52-4tnp
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1951-05-03

be obtained from any first or Sc
cond class post office, or by writ
ing to the Civilian Personnel Of
ficer, Redstone Arsenal, Hunts
vile, Alabama.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1951-05-03

Parham Fl. Williams. Clerk $500; E.
E, Wynn. Sheriff 1000.
1T is HEREBY ORDERED THAT
THE BOARD DO NOW ADJOURN
UNTIL ITS REGULAR MAY, 1851.
N. S. ROGERS. President.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1951-05-03
Proceedings OF The
Board OF Supervisors

AT THE REGULAR MEETING of the
BOARD Of Supervisors of Holmes Coun-
~, Mississippi, begun and held IN the
Courthouse in the City of Lexington,
Miss. on this tire 5th day of April,
1851, with the following members and
officers present, 'to-wit: Mrs. Ruth NJ
Moore. NJ. B. S. No /; K. P. Thomas,
M. B. S. No. 3; c. G. Campbell, M. 3.
s No. q: Parham H. Williams. Clerk;
E. Z. Wynn, Sheriff; and II. H. john
SON, Attorney for the Board.
When and where the following pro,
ceedings were then and there held and
had
In Re. President Pro Tenn.
On account of the inability of M 5.
Rogers. President of the Board OF SUI
pervisors to be present during TINS
session of the Board, due to his physl-
cal condition, and it appearing neces-
sary to have a presiding officer OF the
BOARD: and upon motion duly made,
seconded and unanimously carried, II
is ordered that x. P. Thomas. mem
her from Beat Three, be, and ne Is
hereby, elected president pro tenn OF
the Board of Supervisors for the April
1851 term of the said Board OF super
visors.
ordered this April End, 1851.
In Re: County Budget.
pJDGET REPORT FOR MONTH END-
INC FEBRUARY %, 1851
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1951-05-03

In Re-: Separate Road District No. l;
The Road Report for Separate Road
District No. / having been filed with
the Board and the same having been
O.Ked by the Board. the following ac,
counts are hereby allowed due and
No. /, as follow:
James Henley 500; Sou. EQUIP; Sales
Inc. 6 1888; Watkins-Aldridge Equip; CO:
8 .55; Hammett Gravel Co. zs3.oo
Miss Road Supply Co. 124.02; same
28.65; Stand. Oil Co. 100. 97; johnson
r. Fortenberry $50; Cliff Hughes 1850;
Willard Bruce 147.0 90; Walter Tucker
144 90: Charlie Jackson 1877 70: Clinton
Pooth 147 90: H. S. Terry 10000; w. A.
Harvey $50: Terry's Garage 67.35;. l..
G Boatwright $50. 80; Vardiman Barton
147.O 0 Buck Bevill 147.00: FLOYD
Crantham 140.7O; Glenn McNeer
ass. 90; Lex. Wagon g. Blacksmith 800;
Gnemi and Hammett $3.50: The Texa
Evening star., 1951-05-13
D. {. April Debts Up
33Pct. From Year Ago,
Lao Behind March
By Donold B. HodIey

Debts or Withdrawals from de-
mand deposits of Washington
banks declined to $1,045,218.000
in April, compared with $1,129,-
i079,000 in the previous month. but
remained 33 per cent above the
same 1850 month and were the
highest for any April on record,
the Federal Reserve Bank Of
Richmond reported yesterday.
Debts for the first four monthS
of this year totaled 1929, Ala, 900.
"a gain of 36 per cent from a
year earlier and the highest on
record for that period.
Compared with the same pc
riods Of prewar 1941, April deb
its were up 211 per cent while
the four months total was 226
per cent higher. Imitation and
the National Capitals growth Of
the last decade were factors in
these extraordinary increases.
Debts here first topped the bill
mark last October, re-
peated again in December and
reached their all-time high mark
for any month with $l,131 ,278 900
in January this year.
Takes Full-time Post Here.
William H. Stead, who has been
on leave of absence from the Fed
eral Reserve Bank of st. Louis
since December to serve as eco
Evening star., 1951-05-13
Stocks Quoted Values
Decline by 7 Billion
In Trading Last Week
BY Roder Wineet
Associoied Press Financial Writer

NEW YORK, May 12.-The
stock market this week suffered
its worst setback since the
Chinese Communists entered the
Korean war.
The estimated loss ran to near
ly 81 billion in the quoted value of
all securities listed on the New
York Stock Exchange.
There was a slow but steady
wearing away of the resistance to
selling. A slight bearnishness be-
came the vogue, and by today
most Wall Street commentators
were ready to admit the presence
OF what they term an "intermedi-
ate reaction" In other words,
the hefty bull market faltered a
bit.
The Associated Press average Of
so stocks declined so cents today
to $3.50 with industrials off 70
cents and rails down 30 cents.
Utilities remained unchanged. For
the week the loss amounted to
S1.80 in the averages.
There is a growing realization
in Wall street that corporations
may not fare as we'll in the re-
armament drive as at first be-
lieved.
The first quarter report by
General Motors highlighted that.
GIN had record high sales in the
Evening star., 1951-05-13

three-month period. but profits
dropped because of higher taxes
and increased labor and materials
costs.
Government controls of various
kinds weren't to Wall Streets lik-
ing. One such was the denial by
the Federal Reserve Board OF
easier credit terms for television
set sales. The curb is an anti
imitation measure.
Government thinking was illus
trated by the statement of Chair
man Martin of the Federal Re
serve Board. He told a congress
sional committee the outlook is
for further imitation and he
urged a continuation and strength
ening of all anti-inf1ation meas
ureS.
That inflationary measures are
taking hold was seen in the drop
of business loans by New York
banks in the week ended Wednes-
day for the fourth time in five
weeks.
The gradual hardening Of in
terest rates in the anti-inflation
battle reached out to encompass
demand loans to brokers and
dealers in securities. The Chase
National Bank, effective next
Tuesday, will raise interest
charges on this type Of loan to
21a per cent from 2 per cent.
The New York Stock Exchange
member borrowings from
banks, trust companies and other
lenders, excluding borrowings
from other members Of national
securities exchanges, at the end
Of April amounted to $748, $50 ,408
as against 1884 los 500 the pre-
vious month and $806,189,725 al
year ago.