davidaulloa/AmericanStories huggingface dataset:
Evening star., 1952-07-24
Auto Plants 10 Reach
Hiqh Production Mark
Despite Steel Strike
BY The Associated Press

DETROIT, July 23.-DeSpite
new model planning the auto
makers still have a substantial
volume of 1852 cars to produce.
Some car manufacturers were
only slightly more than half way
through their 1852 model year
when the steel strike stopped their
assembly lines. Some others had
only a month or two to go.
Generally the various companies
will complete the 1852 model run
as originally planned. In most
instances they will do it without
cutting back on original 1852
model schedules.
Output volume of the different
car companies is fixed by govern
mental ALLEGATIONS. But there is
no stipulation that the quota al
lowed for a specific month must
be produced in that month.
Carry-Over Planned.
Thus July and August produc-
ton shortages can be carried over
into later months. With the out
put capacity it has available the
industry could absorb the July
and August deficits by mid-Oc-
tober-unless further emergency
restrictions are placed upon auto
industry steel consumption.
One conviction of industry ex-
perts is that the industry will
get back into full scale produc-
tion more rapidly than generally
is expected. Ever since the steel
strike began the car makers have
been hunting steel in the far cor
ners Of the earth.
But regardless of details ha-
RAISING the auto makers because
of the steel tieup the industry
will build a lot of new cars and
trucks before the year end. 1t
still is possible the July-Decem-
ber period will see the production
of more than 2 million passenger
cars and 635. 900 trucks.
ChangeOvers to Start.
These figures almost match the
output volume of the years first
six months. They would be
slightly less than the auto builders
hoped to turn out, but they take
into consideration the interrupt
tions that must come from new
model changeovers. These change
overs will start within few weeks
and run through January.
The design of the new models
was finalized many months ago;
the styliSts and the Car company
engineers no ware working on
1854 and 1855 models. In most
instances all the engineering tests
involving 1853 models have been
completed.
Thus the problems of 1858
model output are concerned only
with getting materials for their
production.
Evening star., 1952-07-24
750, 900 Auto Units Lost
In Strike Paper Reports

DETROIT. July "a (P.-The
trade paper Automotive News
said today that the auto industry
already has lost production of a
quarter of a million motor vehicles
due to the steel strike.
The loss will mount to more
than 100000 units even if steel
mills should be reopened imme-
diately, the paper added.
Last week 23,022 cars and 3,704
trucks were assembled. In the
like 1851 week 94,271 cars and
29,673 trucks were built in the
United States.
Evening star., 1952-07-24
Market AVERAGES
New York Cotton

NEW YORK. July "a. R,.-Cotton fu-
lures were steady in forenoon dealings to-
day, although gains were held in check
by spot house selling in nearby deliveries.
attributed to hedging operations. The
report of a $4,000 900 cotton loan to
France coupled with the tight situation
in spot cotton were steadying influences
in the futures market.
Dealers felt that prices for early ginned
new crop cotton will remain high, re-
fiecting current low stocks held by mills
coupled with the fact that the Rio Grande
Valley crop is later than usual.
Noon prices were 10 to 80 cents bale
higher than Yesterdays close. October,
36.74, December, 1857 and March, 36.47.
Evening star., 1952-07-24

the 80th ami
verSary Of the
institution.
Both Offices
of the bank at
1888 G street
NV. and 500
7th street NV,
were an k e d
with flowers
from well wish
ers and con-
gra tul a tory
m e S S a 6 e S
poured in.
The Second
N a tinna a Is
Evening star., 1952-07-24
FOREIGN Exchunoe

NEW YORK, July "a B-ForeiEn ex-
dollars. other in cents):
Canadian dollar in New York open
m market b: per cent premium or 1o3.31N
Europe -. Great Britain Cpound),
$2.7S7s. up ls Of a cent; Great Britain
Great Britain 60-day futures. 2.77Is. up
Is of q cent: Great Britain 90-day futures,
2.76 Il, up u of cent: Belgium (franc)
.9Sss. unchanged: France (franc). ,28sE
of a cent. UNCHANGED: Holland (guilderj.
26.37. up .02 of cent: Italy (lira)
.16hs OF cent, UNCHANGED: Portugal
(eScudo), $50, unchanged: Sweden
(krona), 1885, unchanged: Switzerland
(franc) (free). 23.29. off .04 Of cent.
Latin America--Argentina (free). 725,
Brazil tfree), $50, unchanged;
Mexico l1.59, unchanged: Venezuela
(bolivar). 30.03, unchanged.
Far East-Hong Kong dollar, 1880
unchanged.
Evening star., 1952-07-24

OF { n e COM
pany, it was an
nounced las t
night.
Mr.. La Motto
joined the CON-
pany in 1922
and served in
the New York
and Newark Of
fees. He be-
c a m e S a e S
manager of the
ele c trio ac-
coun ting ma
c hine division
Evening star., 1952-07-24

n 90 n m 32o ooJ l&:uu noon 57o 600
1.0OLp.m. 100 600 600 IN. 900 600
tUnit Of trading 10 shares. sIn bank:
ruptcy or receivership Of being reorganized
assumed BY such companies. Rates Of divi-
dends in the foregoing tables are annual
disbursements based on the last quarterly
wise noted special or extra dividends are
not included. cid Called. < * dividend.
xr Elk rights. . Also extra or extras. b Plus
stock dividend. Cash or stock. De-
clared OF paid SO far this year. Payable
in stock estimated cash value on ex divi:
or paid after stock dividend or split-up.
lk Declared or paid this year. IN accumu-
Evening star., 1952-07-24
N. Y. Bond Market

UY SELECTED ISsUEO
be Associated Preas.D
.5iHousL&P3N 81 116iA
N Ill Bell 234s SAL ,94i4
2sII c As b5. - 10AlA
5eI Int CT No 6s 81 s.
lh lntGN 1st6s52 90
u Leh v As 2003D 62A
IA LIN 27ss 2003- 81
IManati Su Asst. 96sS
sol MKT 5s 50 A. 97M
sol Mo-Pac 51as 40 IS
Mo-Pac 6s n r 10olA
70 Mo-Pac 5s 7S @ 1o1%
~ Mo-Pac SIS S0H- 1o1A
lA Mo-Pac SIS 81 ! 1oolA
l6 Mo-Pac As rs 1o23z
1sl NOTM 5s "a - 1o1ls
zslN Y C 5s 2013-. 75A
lhl NYC4 l2s2013A- 90
Vel N Y c Is SO 62B
sol NYNHin4las22 s6A
1sl NYNHH4s2007 663A
"a N Y o W Is 90 6A
my Tel 31ss 7S- 1o2
"a No Pac 41as rs 1o43s
u OrWsRRN 3s 601o1lA
pac GRE IS "a 1884
70 Pac G&E IS TO- 99lhs
sol Pac G&E2 7ssSO 95ih
u Penn RR IS 6S 1929
4sI PennRR 4las66 1ools
lzl PbilaEi 3As SO 1o3lA
sol PCCSL 5s 75 B. 1o2l4
lslS v g. N E As 80 1211z
'lzl Seabin4 1as2016 1o1A
IsIShellUn 2has n 941z
So Pac 4Has 90 1o2
al SO pac CIV $500 156
~ SO Ry 6has 56- 10Y
ssl So Ry Is b6---1 1ooiA
lhI Tex Cp 3s 66---1o2h
ihI Third Ave $3.50. 16A
Third Ave 40 90, 50
ssI Un Pac 21ss 76- 97lh
lAlVanao31a65cld- III
'34I Whist cv 3as66 1o4lh
|izl wis C As SD 80 81
Evening star., 1952-07-24

iatiye issue with dividends. In. arrears.
diyidends dH Ssa c omitted dsterrea or no action
taken at last dividend meeting. Declared
@ paid IN 1881 plus ,ats St9ck n,;,r ,6iviosnS; %
dividend. >. y.Eiauidating dividend. Pay
able IN stock, exact cash value undeteg-
Evening star., 1952-07-24

greatest growth has been during
the presidency of Mr.. Reilly. who
took the helm early in 1886. He
is the sixth president in the banks
long history.
Asset and deposit totals at
20-year intervals illustrate the
hanks growth.
Evening star., 1952-07-24
Metal Quotations

NEW YORK, July "a GP).-spot non
cents pound, Connecticut Valley. Lead
16 cents a pound, New York. Zinc, 5
cents a pound East st. Louis. Tin, 81 81 "a
a pound, New York
Evening star., 1952-07-24
Record Profits Shown
By Second National
On 8Oth Anniversary
BY Donold B. HodIey

Earnings of the Second Ma
tional Bank are running ahead of
record 1851 profits. declared
President John A. Reilly today on
Evening star., 1952-07-24
Odd-Lot Dealings

NEW YORK. July "a P,.-The New
York stock exchange reported today these
odd lot transactions by principal dealers
of 1882 shares on 4,073 orders; sales
Of 10S,062 shares on 31S2 orders In.
cluding 677 shares sold short on II orders.
Evening star., 1952-07-24

1AA0 AANS14S
Furnished -
FOREIGN
Australia 6s 66 ]
Bra6Hss26-57st
Bra61as27-57st.
BraZ 334s 8 ser
Colombia IS 20
Oenmk 5Has 55-
Denmk 4Has g.
Ital Cr con3s77
Ital Pub Ut3s77
Japan 6has "a ]
Japan 51as 66
TokyoElL6s 53
UruR a 4lss 70
DOMESTIC
AluCoAm 3hs64 !
AmFP4 .SOs87
AmT&T 3As63 ]
AmT&T3h64Ml
AmT&T 2As57 ]
Am mT&T2s4s6J ]
AmT&T 2As71.
m Tob SIS 50 ]
AngLauN As 60
A T 8 F As 95 ]
Att c L 4has GAL
B & o 5s 95 6
B&O IS 2000K
B&O eva 4h2Ol0
B & o 4s 76 A.
Bos Me As so
Buff R&P 81 Sc
Can Pac As perp ]
CGa 4hs2020B.
Gao 31as 90 E.
Chi & e ! inc 81
CMSPcv4M2044
C&NW Ans 90
Col Casa 3ss TT
Col G IS 75 B.
Cons Ed 33ss SO ]
Con Ed cv3s6S ]
Cons Ed 2ass ~
ConsuP ga rs
Erie 4hs 2016-.
Fla &c 6g "a
Evening star., 1952-07-24
growth:
La Motto on IBM Board

La NUttC VH AD1N DUdIUs
Louis H. La Motto, vice president
Of International Business Ma
chimes Corp, with headquarters
here, has been elected q director
Evening star., 1952-07-24
n. Y. Curb Market

z NV ssf AsFkGTRp ss ISSUE,
Evening star., 1952-07-24

LIST INCLUDES Only sELEcTED ISsURS
Evening star., 1952-09-17

Here then the opportunity to buy nationally famous telev
at stupendous savngs You your make pick your
Some in their original factosealed cartons
and floor samples Come early for best selection
plus and warranty where required by manufacturer
Evening star., 1952-09-17

Plays all speeds on one
spindle. Automatic shut
OF on last record. Un.
distorted sound, super.
powered chassis.
Evening star., 1952-05-29
The MISSING MI. Barrett

Some very ugly inferences are invited BY the
testimony that former Police Chief Barrett over
Ss-month period, spent more than $4,000 in
excess OF his acknowledged income.
There is nothing suspicious about the indi
Vldual items OF expenditure. They are about what
would be expected Of man in Mr. Barrett's posi-
ton. 1t is when these items are added up that
q different picture emerges-a picture Of total
expenditures by police chief well in excess of
his known total income. And this in setting
OF preponderantly cash transactions and some
destroyed check stubs.
Perhaps there is an explanation of this. II
tnere Is however, one would think that Mr..
Barrett, as an honest man, would be pounding
on the door of the Senate Crime Committee de-
manding an opportunity to be heard But Mr..
Barrett is not pounding on any door, He is miss
Ing, and his friends and associates say they do
not know where he is
It is extremely difficult to believe that the
former chief of police has vanished and cannot
be found by any one. If he does not already
know that the committee wants him, that infor-
nation should be conveyed at once If Mr.. Bar
rett does know that he is wanted and stays away.
or II he receives notice and fails to heed 1t, he
will have to take the consequences in terms of a
ruined reputation.
Evening star., 1952-05-29
This and That

"A day in the woods is worth two in
town." writes o. e. c.. of Chesterbrook
road.
Well. maybe!
Sometimes, a day in the woods turns
into an awful pest.
Mosquitoes, gnats. flies. neas, CHG
gers
These are some of the inimical ele-
mentS, only so by contrast with their
lack In the city.
A well kept, clean city has its advan-
tages. but scraps Of paper. broken glass
and dirt do not add anything except
nuisance.
Differences between city and town
mostly hinge on personal reactions.
There Is type for each, and probably
the deciding element is childhood.
Many . city dweller was born in.
small town. where he never saw COW,
though close to thousands of them.
Such person comes to be q city
dweller by choice.
On the other hand, here is one who
comes from farm. and. though he has
been citif1ed for many years. his long
ings go back to the land.
Most city places. even the smallest.
have yard.
Old time washington back yards had
high wooden fences around them.
These look utterly out Of place In
Evening star., 1952-05-29
Promises Should Be Kept

The logic behind the action of the Senate
in rejecting the House approved rider banning
leave accumulation by Federal employees is of
the common sense variety. Last october Con-
gress curtailed Federal leave privileges with the
announced determination to abolish restrictions
on the piling up of annual leave. For Congress
only few months later to back-track on its
pledge to permit accumulation Of leave would
be an act of bad faith.
Despite the promise of last year, the House
has approved rider on the 1853 independent
Offices appropriation bill that would prevent
Federal employees from carrying over leave from
one year to another. The ban would not affect
those who can take their leave now. It would
be very unfair, however, to employees who have
been told by their supervisors that leave cannot
be granted while emergency conditions prevail.
Such workers would lose their unused leave If
1t were not valid next year.
While the Senate did not actually say
so, the action, in effect, recognized the un-
soundness Of the rider method of legislating
on leave problems. Civil Service Committees
of the two houses are the proper advisers on
complex legislation of this sort. Neither of these
committees has recommended reinstatement of
the ban on accumulated leave. No such legisla-
ton should be allowed to ride into law without
adequate hearings and study by committees
charged with handling civil service matters.
Evening star., 1952-05-29
BY Charles E. TroceweN

amateur woodsman is a great danger
to himself and others.
Whether day in the woods els worth
two in town" depends upon the person,
of course.
We suspect that our correspondent
doesn't mean the real woods, but just
what many call the woods.
The real woods has an effect that Is
not pleasing to many.
1t was no wonder that the pioneers.
the first thing they did, cut back
clearing.
There is pressure Of woods. Q spell
to great trees, that seems to harm
many persons. They finally want to get
away from 1t.
The pioneers didn't 60 away-they
just cut down the trees. They made
clearingS. as they had to. Of course, to
erect houses. and they looked up at the
sky, and breathed again.
Forests are depressing to some per-
sons. The big trees, the semi-darkness,
the wind make their spirits gloomy.
Perhaps it is that city living spoils one
for so much nature, all in one lump.
We tend to grow to want nature. too.
in packages. The bottle of milk on the
doorstep has unsettled many for life.
Nature seldom comes that way, except
through mans intermediary. We make
our own country or city, and ind In
each what u our own.
Evening star., 1952-05-29

the suburbs, and one seldom sees them.
Some owners put up high fences Of sap
lngs, extremely popular with some, but
the high cost mitigates against them.
Also, they are too tall, and, somehow,
speak back to the city.
Hedges make good city fences, If
properly pruned at the right time.
Excellent hedges may be had by
planting the althea. or rose of Sharon.
as many call 1t.
Such hedges can be kept clipped to
grow strong and thick, or let grow to
make graceful high shrubs Of almost
tree-like proportions.
Such things should be planted on
boundary lines, rather than trees.
The use of trees to screen of some
thing undesired cannot be commended,
except in situations where there is no
possible chance Of q falling tree strik-
ing house.
House repairs cost too much, now
adays. for any one to take such q risk.
The modern urge for trees is good, but it
should not 60 so far as keep trees too
close to the house.
Falling trees can do a great deal of
damage. to say nothing of harm to hui
man beings: work on trees costs great
deal. and many homeowners are un-
qualified to do the work themselves. The
Evening star., 1952-05-29
ReoI Meaning Of Steel Dispute

In the present controversy over the
conStitutiOnality Of the steel seizure,
there is a very real danger that we, the
people, will be diverted from the real
meaning Of the steel dispute, namely.
that 1t is an economic power struggle
between labor and capital over the dis
tribution of the industry's profits. We
must first realize this fact before we
can begin to grasp the more basic is
sues involved. For the present spectacle
in steel raises some very serious doubts
as to the adequacy Of the egocentric,
competitive, profit-oriented economic
order under which we live.
The primary aim Of capital is to earn
as large profit as possible, even if this
must be accomplished by paying made
quate wages and producing inferior
products. Labor, on the other hand, wants
the highest wages possible. even though
this may lead to the economic collapse
of their employers. Both groups are out
to satisfy their own selfish interests and
neither has real concern for the needs
Of the public.
Instead of engaging in fierce competi-
tion. with the consumer frequently the
loser, labor and capital should Coop
crate to provide the people with the
best possible goods and services at the
lowest possible price. at the same time
seeing that both investor and worker
get fair price for their contribution to
the productive process.
Not until investors and workers attain
the psychological maturity required to
realize that. ultimately. their greatest
happiness lies In moving from SELFISH
Evening star., 1952-05-29
President and Offshore Wealth

In your editorial of May 20, "The
President and Offshore Wealth." you
state: 'The President has no factuaI
justification for attacking the 'quitclaim'
legislation on the ground that 1t would
give away to handful Of States the
whole or even q major part of our wealth
offShore." You intimate further that in
asmuch as only 20 to 80 per cent Of the
estimated wealth Of all the submerged
lands is involved In the legislation, it can
be justified on the ground that 70 to 80
per cent still remains with the Federal
Government.
It seems to me you are missing the
whole basis OF the opposition to this
legislation. In principle. there is not the
slightest difference between giving away
the resources Of the emile marginal belt
and giving away the resources Of the en-
tire continental shelf. If there is dis
tinction, 1t is Of degree rather than Of
kind. But even assuming there is dis
tinction. the legislation still represents
and outright gift of something Of the
order Of So to $12 billion dollars, which
is lot of wealth in anybody's language.
The real issue, as I see 1t, is not
whether the legislation involves q grant
of mile or 10 miles of the marginal
sea, but whether the Congress has
moral right, whatever its legal right
might be, to diveSt the Federal Govern
ment Of its rights in any of the mineral
rich submerged coastal lands, and to
! confer its lavish generosity upon the
people of three States, in spite of the
fact that the Supreme Court, on at
least four occasions, has emphatically
declared these rights to belong to the
people OF all the States. as an attribute
Of their national external sovereignty.
And no amount Of spurious argument,
be 1T under the guise of States rights"
or Federal decentralization" can
change the basic fact that the legisla-
ton is "give away" legislation, and on q
colossal scale. The coastal States never
did and do not now own the submerged
lands in the marginal sea. That Is the
decision of the Supreme Court.
The fact that there are oil reserves
outside the limits of the area covered
by the legislation has no bearing what
soever on the equities involved in the
controversy. Up to now there has been
relatively little oil exploration on the
continental shelf beyond the Smile belt.
Actually, there are only two oil fields
(both of them off the Louisiana coast)
that are situated seaward of the Smile
line. Oil exploration in the deep waters
of the shelf is expensive and hazardous.
Many. many years may pass before such
exploration will become feasible and
economical. and this points up the great
need for preserving for the Federal
Government those resources that are
situated in the more accessible portions
Of the continental shelf, to wit. the
smile limit.
Evening star., 1952-05-29
twenty-five Fruitful Years

DR.. Cloyd Heck Marvin is the twelfth of the
presidents who have served George Washington
University and its predecessor, the Columbian
College, In the 131 years since the institution was
founded. This month he completes his 25th year
any of the distinguished men who came before
him. But the citation he received from the trus-
tees at graduation ceremonies last evening was
bestowed not for length of service, but "for his
fruitful accomplishments" during the past quar-
ter century.
The citation is well bestowed upon deserv-
Ing recipient. Some of the fruits of DR.. Marvin's
service can be measured statisticaly by the in
crease Of ITS per cent in the number of full-time
faculty members since he came here in June of
1927 the increase Of $40 per cent in the valuation
Of the universtys property holdings; the increase
from $780, 900 to $1,000 900 in the annual budget
OF the university the increase Of 2S5 per cent in
endowment funds. They can be measured by such
university acquisitions as the Lisner Auditorium,
the Hall OF Government, the Biological and Social
Science Halls, the Lisner Library, the Strong
Residence Hall for Women, the Student Union,
the James Monroe Hall and the George WASH
ington University Hospital. They can be meas
ured in the higher scholastic standards achieved
and nationally recognized
But perhaps DR.. Marvin's greatest contribu-
ton has been the imagination, resourcefulness
and determination which have distinguished his
leadership, not merely in what has been accom-
plished but Ia planning the future Of an educa-s
tiohal institution along the lines envisioned by
the great American whose name 1t bears.
Evening star., 1952-05-29

westward flow of American dollars. He
goes to Washington from his post as
chairman Of the board of the Tokyo
Electric Power Co., and it has been the
nine big electric power companies which
have been crying the hardest for foreign
investments.
The japanese Embassy's social life in
Washington will be austere. Araki Is
not personally wealthy. This countrys
dollar shortage will not permit whirl-
wind round Of dinner parties and balls.
For the interview, the 61-year-
diplomat wore tight gray suit Of early
vintage with half-broken cuff button
on the left sleeve. His 21-year-old
daughter, Tomiko, picked up her father
for a luncheon date. She wore q green
skirt. an open white shirt and white
sweater, the dress Of typical lower
middle class daughter.
Evening star., 1952-05-29
By Roy FoIk

TOKYO.-A conservative banker, a
former dean Of japanese finance,
will arrive in Washington early in June
as Nippon'S first postwar Ambassador.
Eikichi Araki couldn't weigh more
than 100 pounds, but he has the sturdi-
ness of a rock. He is a part of the deep
brown leather chairs and green lamp
shades Of a rich alumni club rather than
OF the formal naval uniforms of the
diplomatic corps. His American friends
work for the Federal Reserve Bank, the
Atomic Energy Commission, or teach at
Princeton.
Washington will like Ambassador
Araki. He is approachable, he is con-
servative, he speaks fluent English, he
is interested in the views Of others.
Cultural relations will be a very i'm
portant phase of his mission. "The
Japanese people have to learn more
about American democracy and CULTURE
the Ambassador said during half f-hour
chat. MANY Americans now understand
Japan very well. We must know more
about the United States" To promote
mutual understanding Araki is taking
along Akira MiyaZaki as cultural coun-
oCAAOA. 414y 0G0A4 1Aoo 0CCAA 0V HOPuAdA
with American correspondents here that
he is the only Japanese in addition to
the Prime Minister for whom the Amer
ican press has thrown cocktail party.
Araki favors trade with Communist
China. but only under reasonable polit-
ical circumstances. while it Is desir-
able to have Chinese trade. such trade
is entirely dependent on the world situa-
tion. If the West does not trade with
the Communists. then Japan should not
trade with the Chinese" J" the Ambassador
stated. h~f
The envoy spent year and half in
China as financial adviser to the Chinese
puppet government at Marking. That
was 1914. The japanese army at that
time had caused an imitation through an
overissue Of currency. To bring stability
to the yen, Araki had the generals ship
gold from Tokyo to Marking.
Japanese businessmen, who seem
anxious to obtain private American
loans and investments. have an able
advocate in AraH. Through his Wall
Street contacts he may be able to entice