davidaulloa/AmericanStories huggingface dataset:
, 1952-03-21

kEkGSR4E SERUH
Continued From Page One
a preference for Sen. Taft (R)
Ohio for the COP nomination, con-
tinued:
"Under such circumstances a
vote for me, instead of for the
active aspirant for the Republican
nomination deemed best qualified,
is but to waste the all-important
opportunity for direct participa-
ton in government at this critical
time.
II am hopeful that no citizen of
Wisconsin will fall into this error.
IT understand that my action in
Withdrawing my names from state
primary contests has been quest
joined as inconsistent with the
principle I stated on March 9, 49,
48 that / would be recreant to all
my concepts of good citizenship
were I to shrink because of the
hazards and responsibilities involv-
ed from accepting any public duty
to which I might be called by the
, 1952-03-21

FOR RENT-Room for men. Twin
beds. Call HE-7609. t-43
Evening star., 1952-11-25

Topcoats, Raglan and set-in
sleeves, in tweeds, checks and
gabardines; single breasted.
Many of the suits are custom
tailored in flannels, gabar-
dimes and worsted. single and
double breasted. We have reg
ular, shorts and longs.
Evening star., 1952-12-21
Dividends Announced

NEW YORK. Dec. 90 tR. Dividends
announced:
Pc Stk. of Pay
Rate. Rod. Record. abe
Irregular.
North Eng Wks t5c Ia -@3
Hudson Fund 10c 1926 lis
Stock.
Stan Products 80 80 1-9 LEO
No Action.
Cudahy Pack pf.
Evening star., 1952-12-21
CURB SUMMARY

FURNISHED By the Associated Press.D
New York Curb Exchange, showing the
high. low and closing prices for the week
and the net change from the previous
weeks elNse.
Evening star., 1952-12-21
Business Briefs
Bituminous Production in /

BituminOus Production in the
week ended December 13 totaleC
9, ,950,000 tons compared with TO-.
|050.000 tons in the previous week
and 11.513,000 in the like week
"a year ago.-National Coal AS
sociation.
National Gypsum Co. announced
the purchase of the Asbestone
Corp. of New Orleans for ap-
proximately S. million of Ma.
tional Gypsum stock.
Detroit Edison Co. in IL months
ended November 80 earned $16,-
599.717 or $1.65 share VS.. $751;
246.717 or $1.68 in 1851.
Middle South Utilities in IL
months ended November sc
earned $13,379,293 or $2.07 a share
VS.. $10,702,955 or $1.81 in 1851.
j. p. Stevens Co. in year ended
October 81 earned $8,983,319 OF
1927 a. share VS.. $20.849,109 OF
$5.65 in 1851. Robert T. Stevens
board chairman of the firm, has
been nominated as Secretary OF
the Army by Gen. Eisenhower.
Cudahy Packing Co. in year
ended November l had a loss OF
$7,059,206 VS.. earnings of 1885,
All or So cents share in 1851.
Kansas Gas g. Electric in IL
ended November 80 earned
$3,310,960 or $2.82 a share VS..
$2.834,367 or $2.93 in 1851.
Dana Corp. in 3 months ended
80 earned $3.030,528 or
$1.18 a share VS.. $2,585,0 or
$1.01 in 1851 period.
Pub. Serv. of N. H. in IL months
ended November 80 earned ST.
855,2 or $2.06 a share VS.. $2,-
177,029 or $1.94 in 1851.
California Oregon Power Co. in
IL months ended November 80
earned $2.601. .682 or $1.68 a share
VS.. $2,378.634 or $1.87 in 1851.
Scran. Spring Wat. Ser. in IL
months ended September 80
earned ST, 1,632,137 or $1.22 a share
VS.. $1,353,103 or 81 cents in 1851
California Wat. Serv. Co. in IL
months ended November 80
earned $1,275.163 VS.. $1,014,209 in
1851.
Rohr Aircraft Corp. in year
ended July 81 earned $1.151,810
or $191 a share VS.. $968,107 or
$1.61 in 1851.
Evening star., 1952-12-21
New York Cotton

, NEW YoRKii YORK. Dec; 20 @.-FutuIes
New York York c9tten 9 Exchange this yeek;
sponsible for most of the price drop. Dur
Ing he remainder of the wesk tAe mar
ket backe:. and filled with the price
The net change over he ~yck rsnsed
from declines of 80 cents a pale to losses
OF 500. The sharpest declines were in
general LIQUIDATION, light activity in the
Goods market and slow exports.
.ettinc their cotton go rather than place
y Some H,'' short hort covering Ind some rllll
price lxins cushioned the price drops
ment Of an increase in the dai'v -ste
The Governments official cnus,r. uti, n
vate trade citations. however. aar had
little decisive effect ON the market
The Census Bureau reported N3vempei
cotton consumntion averaged 3s'961 bales
This comparsd With a daily ay.Isss rs, 2, q
The November improvement OF "a per
cent compared with Is ter cent In
fIe Exchange Service Bureau s'io II
age age of'i Of the past a Ave Years -an now now until
the end OF the season. full season use
CT $500. 600 bales Is IN prospect; 49,.
seasons consumption ran between "a mil
ion and, 9.5 million bales.
Exports continued T. To- un unae, .ntnd ths
ast Tuesday e yesE expos oF aed s sas
compared with 100000 in the corresnond-
ing week. year ago:
ports F9r tdaed f e5oq baes assns
425 900 at the same point last wear
Evening star., 1952-12-21
Corporate Bonds Drop
On Scarcity Of Funds;
Governments Also Din
By Arthur Merims

NEW YORK, Dec. 20.-A scar
city of funds for investment was
felt in the bond market this week
Utilities, considered the founda-
tion of the corporate list, led the
market irregularly lower.
Sale of 91-day bills by the
Treasury on Monday was the tip
off for the weeks events. Despite
purchases by the Federal Reserve
borrowing costs on the Govern
ment's shortest-term urity
climbed to a new 19-year high for
the third week in a row.
Treasury officials announced
that $1.2 billion bill issue was
sold at an average yield of 2.13a
per cent interest. Consequently
long-term Government bonds
which currently yield little more
than that amount, adjusted down.
ward.
At midweek, bank-eligible 2hs
slipped to a new 1852 low at
96 1882 bid. BY the end of the
week. they rallied to 96 1882 bid
Victory 212s slid a half point over
the week to 96 bid. However, the
new intermediate 23ss remained
fairly steady at 100 1882 bid.
Financial circles say the lack
of funds for bond purchases is
chiefly due to the seasonal de-
mand for loans from the Nations
banks.
Such utilities as American Tele-
phone & Telegraph. Pacific Gas &
Electric. Wisconsin Electric Power
and Southwestern Bell Telephone
were generally in the minus COL
umn this week. Industrials and
railroads were irregular, with
some demand for medium priced
carriers.
japanese bonds declined in a
quiet foreign section this week
japan 51as lost 3 points at 107
and Oriental Development Corp
5las lost 2 at lot. Costa Rica
obligations also dipped, while Co.
Ipenhagen liens rose more than a
point.
Evening star., 1952-12-21
Chicago Grain

CHICAGO. Dec. 20 H.-This was Q
tough week for holders Of the countrys
two major grains. wheat and corn. ,Fu-
lures contracts Of both sank to new sea-
sonal lows on the Board of Trade.
Thee was some recovery in the closing
days Of the week. but not enough. "A cou-
pie of wheat contracts ended fractionally
higher for the period. However. the bulk
Iof wheat and corn deliveries closed lower
for the third straight week.
Elsewhere in the market trends were
!erratic: December oats showed strength
on .hort covering. Lard reboundel sharp
soyeans ss we're was xe sd
land rye mostly lower
.rSsG Gompared e 9n,,sN with week earlier wheat
ala lower to "a higher, soybeans II. lower
hundred pounds higher.
wheat during the forepart of the week
was disappointment over export business
S to Thea TfsS u4e In aHy Ss hesss 5tHs b
ers, who had been expecting the market to
rally on such hedge lifting.
p Brazil bought million bushels of wheat
aha. ahd Yusoslavta took six csrgoes OF red
6 caused more than ripple in the market.
firmed in the East early in the week and and
also were UP here as the week closed
The, inference from the markets action
was that foreign countries were getting
the grain. from the Commodity Credit
CORP which does not hedge its stof ks
IN futures. and not from the private
IN the closing day of the week wheat
fs ". s Sslne 5s = VIII
estimate Of only Gil ,14l 900 bushels.
which would be the smallest winter wheat
lcrop since 1943
In The meantime. the Bureau OF Aeri-
cultural Economics. in its publication.
widely h held trade belief that exports Of
large as originally expected.
In August the bureau had assumed ex-
ports would total 375 million bushels and
fe aho caTTyoyer ,1ioy hsh. on July 1853 would be
were estimated at 325 million bushels. The
bureau also lowered its stimate Of do
mestf stf atsd pear winding up with
Corn sold off early in the week on
neavy cash grain receipts. They totaled
moe than 500 cars on Monday. The
Ioned.
The strength in December oats helped
deferred months: Rye moved in line
with wheat Soybeans were held back by
weakness in soybean meal. which sold at
Ia new seasonal low. and limited demand
from rocessors. well stocked with beans.
Loose lard ,o1 moved moved up y cent from its
Range of prices for the week:
Evening star., 1952-12-21
NOLAN Elected President
OF Residential Appraisers

William w. NOLAN has been
elected president of District Chap
ter, Society of Residential Ap-
praisers. it was announced yester-
day. He succeeds William M
Throckmorton.
Other new officers: Charles l.
Norris, ST., first vice president:
Milburn j. Donohoe. jr., second
vice president; r. Lee Baxter
Secretary-treaSurer.
-Four new members of the Board
of, Governors for tWo-year terms
include Joseph P. Burke, jr.: Ar
mold D. Crumbaugh and A. S.
Gardiner, Jr. Members who will
carry over for another year are:
Walter B. Jarvis, Albert Towers
and Howard E.. Thompson.
The new president heads his
own appraisal firm at 927 Fifteen
street NV. The retiring presi-
dent. who was elected an honorary
member of the Board of Gov
ernors, recently was elected presi-
dent OF the Washington Real
Estate Board.
Evening star., 1952-12-21
Chicago Livestock

CHICAGO. Dec. 20 CE1 tUSDA).-Salable
hogs, 400; total l.500 testimated); com
around 50 to 100 higher; prices declined
early in week but rallied sharply in clos.
ing sessions; average price OF barrows and
sits at .midweek was. 1917, lowest since
ulated advance; closing prices choice no
230-pound butchers: 17.00-17.5O; choice
ls0-220 pounds; 17.35al7.50:: 230-27o
PSunss ?aasS ssd6 pounds nnsl9 DGgn4as
1928: ccasionai heavier sows. i2 70.
Salable cattle. 400 (estimatedC totai
prime steers, 10O-2.5O. lower; good so te
so down: commercial unchanged to sc
lower; utility UNCHANGED; prime heifer'
down. 751 e5 choee H3 3it5 80; con-
Gamers ahead so: good bulls. SOL so low
er; all other types unchanged: vealers un.
changed to ] 90 higher; calves unchanged
to hghsr Prime steers boce
$500 orime heifers. 3" .o0-34.5 50; choice
6.50-32 so: commercial cows. all weights
ners and cutters. ii .0o-135o; good bulls
IS COLO 90: utility. is oo-1 3 oo cutters
al Heshs ysasr: en?'e eaves sea ehos,
and prime, 23.00-29,o0; others. 1900
23 90
salable sheep. 100 testimatedo; total not 9,
ambs coseG Steady week 30 ago eT
closed at 1900. peak: receipts smal
around market circle; dressed lamb trade
and and prime shorn lambs. Il 90 9so 90; goot
Choice and prime. 2o5o-s1 vs. good ant
eReace eRes searns es Wethers 1897 a
I 9. 90; shorn. 15.0O-1S.5.
Evening star., 1952-12-21
House & Hermann Bonus

| House & Hermann, Washington
furniture firm, has distributed the
usual Christmas bonus to regular
employees.
Evening star., 1952-12-21
Produce Markets

Produce s quotations from Baltimore, fur
size D. ina y 81
sizs p; il5; 59-pgsnd saeks; sr;ss ;5so-4s
hampers. ] mostly 500. ' ''- 'O '0'"'
bu;hel baskets topped i.4o-1 50. ,.o
Ba9sfNlN@E Us jersey ESQ cartons S. 6o
Brussels sprouts-About steady. New
York Iong Island). 16-auart cartons
4i5o:475. $50: Depaeks-per quart 2s-a2
Po1ltry-Market Mari steady to Arm t Or
sralshf at f 4s5o F1os fis-in sales aens srousS SS
higher for toms, Fryers, steady. supplies
than reported: Broilers or fryers. ovei
3 pounds, ,34h-36; hens. heavy type
'Gss 20 seess ssDGRi sis 5o tu2Rsys RRsy
heavy type hens. 1880: mostly 47-4s
Livestock Markets.
steers generally SOL 90; few heifsr;
generally unchanged: COWS uneyenly. 30;
yesrlins Steers oNt 90: 6o'ca mostly good an6
s9mme5sisI S% and good, .,,, 93s,l ass poundS
1925-21 90; odd lots, Gamer to utility
grade. DIAL ,OO5 pounds, l5.25-1 500: ode
good and low choice heifers 2O.00-25. 90;
utility to commercial heifers. 1900.
5000. Gamers and cutters, IL. 3.5O-16 90;
orai cows Zoo E 1870; Came Gamer AND AND t euttel
cows. i0.OO-i4 90 with shelly Gamers
500 and lower; odd good beef bulls to
22.75; utility and commercial sausage Of
bulls, il oo-i 90; medium and good,
steers and stock calves. y .o0-22. So
common I'm y, and an medium. 693-1.135 pounds.
Calves compared last week: Generally
mixed gooo to prime; %s.96.35 40; utility nt
1900 with few low as 500.
Hogs COMPARED last week: Barrows and
silts under 270 pounds. generally so
higher; heavier weights steady to rs up:
most sows steady; choice, 170.240-pound
barrows and gifts 1S.25-1S.50: .14O-16Q
pounds, 17.00-17.75; sows under 400
pounds, 14.50-15.5Q; 400-450 pounds.
10 50-145O; stays discounted, zoos 90.
Sheep compared last Friday: Wooled
SLAUGHTER lambs and ewes nominally un-
changed; no choice and prime wooled
lambs or choice ewes offered: mixed lots,
utility to choice, 77-96-pound lambs,
largely, $500; some good 106-pound
averages. 1000; utility and good. So 73
pounds, 1900; few 58 pounds to feeder
BUYERS, 1900; oid lot good. around 200
pound ewes, 500.
Evening star., 1952-12-21
SoItz Bonus to Be Paid
After Bonner Year

Lewis Saltz, president of Lewis
& Thos. Saltz, Washington cloth
Iiers and furnishers, announced
yesterday the firm will distribute
the usual Christmas bonus to 81
employees.
Mr.. Saltz said the store has had
Ia banner year. with substantial
gains in all departments. He looks
forward to 1853 as a year of great
promise and continued prosperity
Evening star., 1952-12-21
Soviets Build Teu Factories

MOSCOW P.-Twenty-six new
tea factories are being built in the
Georgian Republic of the U. S
S. R. An announcement says
they are designed to process 5000
tons of leaf per year and are be-
ing built in the tea growing re-
gionS.
Evening star., 1952-12-21
BOND SUMMARY

A selected list Of active bonds ON the
New York Stock Exchange. showing the
high. low and closing prices for the week
and the net change from the previous
weeks close.
Evening star., 1952-12-21
Commodity Prices

NEW YORK Dec 90 R.-Wholesale
nmoditv prices. as measured by the
Associated Press commodity index. de-
rlined this week for the third. week in
row-and the grains and cotton group
-" to a new 1852 low
A. 176 43 the index compared with
last week and ~ year n fSis
wei teA 'ndex of ~ important whole
sale commodity prices.
Two of the commodity group compo-
nents-foods and non-ferrous metals
nosted slieht rises this week. All the rest
showed declines
The index. with comparable figures for
ast week and a year ago, follows:
Evening star., 1952-12-21
Christmas Business
Racing 10 New Peak;
Debt Also Mounting
BY Richard Fiske
Associnted Press Business Writer

NEW YORK, Dec. 20.-A land
Office Christmas business ap-
peared assured this week for the
retail storekeeper. Again shoppers
spent more money than in any
other comparable preholiday
week.
In some places shortages
cropped up, especially in such
items as metal toys and small
apparel. A Charlotte. N. c.. store
keeper even reported lusty de-
mand for $50 neckties (velvet
woven with pure gold).
AS shoppers spent literally.
money in circulation reached an
all-time peak for the fourth week
in row.
Industrial production hit the
high spots, too, and prosperity was
predicted by many economists
even after the defense spending
begins to taper off.
Optimism Evident.
Year-end statements were al
most unanimous in their optimism
for the months ahead. Every one
was talking good business. The
only differences came on how
good.
The Bureau of Labor statistics
reported factory employment in
November (the latest figure avail
able) was the highest since World
War II.
The bureau reported there were
$4,000 more manufacturing jobs
than in October and the total was
16.529,OOO.
The significance il thae seasona!
cutbacks in some industries usually
bring a decline in the number of
factory workers n November
Shopping pace Mounts.
But this year. the rureau said
clothing manufacturers didn't
trim their payrolls md durable
goods producers exDannee
Dun & Bradstreet said the
accelerated nace If TIE 81 onpero
was expected to contlnIn in the
final shopping days netCre Christ
mas with the result OF q new
peak sea nn.
Retailers were Iepoltc6 relying
heavily On promotions End rtress-
ing easy credit terms 70 keep their
cash registers ringing to a
greater extent than last year, Dun
& Bradstreet said.
The business service Said the
shoppers we're running more deep
ly in debt than ev"r before But.
Dun & Bradstreet added. it was
not an unduly large burden be-
cause shoppers incomes also were
at a record high.
Customers we're reported gen.
orally favoring better grade goods.
although many remained quite
harpair-cOnscioIIs
Evening star., 1952-12-21
Mutual Funds

NEW YORK. Dec. 90 R-National As
socisti"n Of Securities Dealers. Inc.
Evening star., 1952-12-21
Washington Stock Exchange
Report Compiled BY Exchange Ofncialsb

WASHINGTON STOCK EXCHANGE rok YEAR 1882 OF
ND INCLUDING FRIDAY, DECEMBER 10.
Evening star., 1952-12-21

Rates of dividends in the foregoing
table are annual disbursements based on
the last quarterly or semiannual declara.
ton Unless otherwise noted; special or
xd Ex dividend. xr Ex rights x-dis n
distribution wi When issued wd When
r HnSe5 rule cid caed 2nf 2s Id Part ts
warrants XIV without warrants Also
extra or extras. Annual rate plus stock
stock dividend Declared or paid SO far
this year Playable in stock estimated
cash value on ex-dividend date 6 Paid last
dend or spiitup. K Declared or paid this
year. an accumulative issue with dividends
in arrears. Paid this year. dividend
omitted, q a Sd deferred or no action taken st
IN 1859 plus stock dividend. Liuuidatins
Evening star., 1952-12-06
HOUSES FOR SALINE.
Open Sunday, / til Dark
R110 Ia Stor,, Avo ME-

bIIU EaSCern Ave. NE.
LARGE BRICK HOME consisting of
2l-ft. liv. rm.. powder rm. on Ist
floor; fully equip. kit, 3 bedrms. and
bath on End floor. full bsmt. with "a
bath and outside entrance. Semi
det. One block to 1-fare express bus
and new Safeway super market.
Full price is ST. 800. excellent terms
may be arranged. Mr.. Rubin on
premises. ewes. RA. 3-S179. Direc-
tions: Out N. II. ave. to Eastern
Colonial Investment Coz
RE. 7-6660 -
Evening star., 1952-12-06
KENWOOD
KENWOOD

Unusually lovely brick home, custom
built years ago for present owner
Rooms are all large, and include
bedrms.. and 2 baths on 2nd fir
and 2 bedrms and bath on Sd fir
Among the many distinctive fea-
lures are paneled library, beauti.
full powder rm., special millWork
hardware and decorations through
out the house, large breakfast
nook. kitchen, which Is the last
word in beauty and equipment.
Stairs to maids rm., extra large
closets: beautifully Handicapped lot
and additional ground may be pur-
be seen to appreciate its quality
We have other 4 and 6 bedrm
houses for sale. Sold to approved
purchaser only. Call Mrs. Creigh-
ton. OIL. 2-4307, OIL. 2-7S50. KEN.
NEDY-CHAMBERL DEV. co.
Evening star., 1952-12-06
OPEN DAILY AND SUNDAY
10 Am. 9P.M.

BIG FAMILY?
4 BEDROOMS, 2 BATHS
Det. frame bungalow Just OF Blad-
ensburg rd., close to schools, shop
ing, TRANSPORTATION, Liv. rm.. 26xl3,
cash needed. Call Mr.. Smiley, LU.
2-1669.
Roger Moss, HO. 2-602O
Evening star., 1952-01-18
Thon7os {. Stokes:
7 Teasinq Time at the White House
Truman Is in the Betwond Between Stage on Political Plans
Which Pory Leaders Endured Twice Before With Roosevelt

Truman. He's a known quantity.
Taking him saves trouble. And,
as for Harry Truman. he was
about as low in popular esteem
at this same time in 1948, wasn't
he? And look how he bounced
back!
The Pattern Emerges.
And so we see Senator Gin
ton P. Anderson, Democrat, OF
New Mexico going to the White
House. talking to the President,
and coming out to tell reporters
that he expects the President to
run again. Did the President say
so? No, not the least hint. Why,
then? Because-and this is a
stock answer so familiar-he be-
lieves Democrats will insist that
the President run again. Sena-
tor Anderson has a political
interest of his own. AS chairman
Of the Democratic Senatorial
Campaign Committee, it's his
job to elect as many Democrats
to the Senate as possible this
year. The same performance
was repeated the day after his
visit by another Democratic
Senator. also from New Mexico,
the veteran Dennis Chavez.
We may expect this to grow
into a continuous routine, like
that Of a professional troupe of
dancing girls, that Is, unless the
President speaks out himself to
dispel the uncertainty. You may
expect the next rendition, q
mass performance, when Demo-
cratic leaders from 18 Midwest
ern States gather in a few days,
January 26, at Kansas City,
Kans. There Vice President
Barkley will be on hand, con-
veniently, to remind the breth-
ren and sisters that he's strong
and healthy-and available
for a second run as second man,
or even, perchance. a first run
as first man.
Big Dinner in Armory.
Then, here in this city on
March 20, there is the big an
nual Jefferson Jackson dinner,
also a mass affair, with both the
President and Vice President on
hand and also. sprinkled plenti-
fully among the politicians, the
big campaign contributors
Democrats by circumstance. A
Truman draft" could be blown
through the big armory-which
~
Evening star., 1952-01-18

to the late Senator vandenberg,
champion of the bipartisan ap-
proach to foreign policy in the
United States. Interjects
this bit Of advice so delicately
that it wasn't a bit indelicate.
Another piece Of diplomacy
and tact-the references to
Korea. =. Praise for America
and recognition that the United
States is bearing '.nine-tenths
or more of the burden"
On one point the prime min
lister wasn't well informed. :.
He said with reference to Korea
THE action which President
Truman took in your name, and
with your full support. in his
stroke against aggression in
Korea" It was never sub
mitted to Congress. But 1t
would have doubtless been ap-
proved.
Refers to the Middle East. . !.
Shifts to America a part of the
burden Of protecting the Suez
Canal. Reminiscent of
Franklin Roosevelt's ideas about
internationalizing most of the
major waterways Of the world.
Warning to the Communists
that they may expect Allied re-
sistance If their aggression In
tenSif1es in Southeast Asia. . .
Puts in a warning, too, to the
state of Israel. reminding her
that Britain first backed her
aspirations for independence
with the Balfour declaration,
and now expects the Israel gov
ernment ito renew and preserve
their friendly relations with the
Arab world" -.
Explains his attitude toward a
European army and puts his
faith in alliances of free coun-
tries and their armies . says
the British Commonwealth of
Nations are doing their full
duty but will not give up their
sovereignty "in any continental