davidaulloa/AmericanStories huggingface dataset:
Evening star., 1952-05-25
Business Briefs
New York Stock Exchange ar

New York Stock Exchange an
nounced election of Clarence Fran
els as public governor succeeding
Thomas S. Nichols, president Of
Mathieson Chemical Corp.
Metropolitan Edison in IL
months ended March 81 earned
$6.152,309 or VS.. $5,081 ,558 in 1851.
Addressograph Multigraph in
IL months ended April 80 earned
$4,745,119 or $6.11 a share VS..
SIS. $685. ,246 or $7.09 in 1851.
IngersOll-Rand Co. in 3 months
ended March 81 earned $4,914,555
or $2.43 a share VS.. $4,801 1853 OF
$2.37 in 1851 period.
st. Louis-San Francisco Rwy,
in 4 months ended April 80 earned
$2,771, 1888 or SO cents share VS.,
$2,415.246 or Sill in 1851 period,
Western Railway in months
ended April 30 earned $780,, ,64a
or $10.67 share VS.. $4,000, ,286 or
$l1.27 in 1851 period. 4-
Canadian Gamers, Ltd. in year
ended February 20 Garner $1,719,-
259 or $3.67 a share VS.. $2,0O3, ,662
or $4.03 in 1851.
Delaware, Lack. & Western in
4 months ended April 80 earned
$1,650,904 VS.. $2.819.982 in 1851
period.
Pittston Co. in 3 months ended
March 81 earned $827, ,998 or 81 sc
a share VS.. $366,887 or 60 cents in
1851 period.
Young Spring & Wire in nine
months ended April 30 earned
$638.572 or $1.56 a share VS.. ST.
556,679 or 1925 in 1851 period.
Minneapolis & st. Louis Rwy. in
four months ended April 80 earned
$503,444 or "a cents a share VS.
$438,949 or 79 cents in 1851 period
American g. Foreign Power Co.
announced election of Norman
Armour as a director, replacine
Joseph c. Rovensky, chairman OF
Patino Mines and Enterprises Cons
A. G. Spalding & Bros, Inc. an
nounced election of Charles F
Robins as chairman of the board
and William T. Brown as presi-
dent and chief executive officer.
Cudahy Packing Co. announced
election Of Louis F. Long. as presi-
dent succeeding r. w. Hoffman
who is retiring.
Evening star., 1952-05-25
Bond Market Fails
To Show Clear Trend
In Week S Activities
BY Arthur Merims
Associated Press Financial Writer


NEW YORK, May 24.-A siz-
able list of medium grade rails
made modest progress in today's
quiet bond market as other groups
held close to previous levels.
Most changes in both directions
held to the fractional range that
prevailed most of the week, al
though there were a few larger
changes, mostly on the plus side.
The bond market had difficulty
in developing a definite trend this
week. Industrials and utilities
were soft. generally, while railroad
bonds made erratic advances.
Southern Pacific convertible IS
jumped more than eight points
Thursday on the announcement
of a higher dividend and pro-
posed two-for-one stock split.
On four successive days Govern
ment bonds lost ground. But on
Friday, when over-the-counter
trading ended, they rallied slightly.
Nevertheless, the victory 21as and
June 21as of 1967-72 dropped
1882 over the week closing at
9S 1882 bid on Friday. The bank
eligible 2l2s of September, 1857
" dropped half a point at 50
24/32 bid.
Evening star., 1952-05-25
Produce Markets

sfS Il sA 5o!hs Sss
osfS inches M Nn aD aIr sonditon
staymans;. field boxes, 3N-SIs inches Sup, up,
J yorks, 2 inches up, 800. " inches ihs'up, up,
33.oo; Z New Jersey Romes. 2h inches up.
Potatoes-New, about steady soutn
GIarSlina bqshel hamper Triumph type,
U. 9: NO l. nnwashed. 3.46.
=, sweet Potatoes--Bushel baskets and
s.9b-75,eos sna Jersey type washed and ~axed'
Livestock Markets.
steady; except Gamer and cutter cows s
weak to lower: Choice and prime 1908
229S1nd 291f GSe GsSseeers: $3.50; commercial and good
prime Seifea. ipfegnds choice and
choice Seiie1s: $i;Soe$$bo; utility tEHH snd snS
ftommeScial, com 2S: :00-30 90; Gamers. and cut
oHSa ssSsass beef sS1S &c.
s6d cutter lis;stweisht
stsske5 IS dosss. 1dr' steers ss.sS-s7.oo; medium
,ri; iGalves1All generally steady. Good to
Rsime oas ysalers a6 and light slaushter calves
cus nsity f7oosd sad oo oc0mmsre1al aoms an
DER rog % pounds, 1900 and under.
cents down hardly ss enough so
ponnds. . 2l.50-22.25; sows under 400
peeunas; Z ,io.15-l7.75; .400-450 pounds,
sheep = Mainly. spring lambs, steady;
ewes, nominally UNCHANGED. Good to prime
Io-g2-pound spring lambs. 80. .5O-33 90:
good and choice freshly shorn and Wooled
res6ly sheTU sTes lo00 medium apS
'' '"o'n t;gaiD tgounH Ma,EHf iEamfos' 1000.
Iour-Receipts, 1,414 1O0-pound sacks
$3.50 bushels; stocks. 1.4s0,s2S SIs BUSHELS
No; red winter garlieky, spot, domestic,
z.40Na; May. 2:40h; No. 3, 1874.
.,oc1r G11fnI7Heceipts, a9 none; shipments, none;
oats-,Receipts. 29.176 bushels: ship
mSents S 10000 bushels; stocks, sci Sis
Barley-Receipts.. 1876, ,o67 bushels; ship.
ments, ha, $4,000 bushels; stocks. 1.l47,274
Rye-,Rseeipts,, none; shipments. none;
noSs: Soybe.anss-seceipts. Beans none; shipments
MiHfeed-Receipts. 257 tons.
Evening star., 1952-05-25
Chicago Livestock

hoe1. GHe5eo $685. .oss %.Y q 1885, @ Us2ass
600 ss Hs:f ies es sI'ss e. S. tSS
1ssnntSsicnts s9 order 6uysFs Most ehoiee
ss6seo Si peands SGsesso sDS snail sSi
numbers up to $40 pounds down 70 1900;
and % under closed ss c tI0unSs fsH
1900; bulk, 4OO-600 pounds, 17.OO-1 9. 90;
small numbers heavier weights down to
% ssiaSIs o cassis tie! Zoo tss.im...d) total no.
fed steers oyer LOO. pounds steady to SO
end yssrlinss aions with heifers ste STEADY DIT to
20 higher; cows steady 70 90 higher;
Sab.rE Sood a s and below
yeaIsr: ssrcns to Zoo SisSer; % stockers al and
feeders fully steady to so higher; high
saSs: s6S % sSS nEs dT. fs or s', sn1 1:.S 5s
Sse1 bssys. Ssas ar1%s Sas
s7sS: most sood and t ehoice s steers $685. 80 se
1850; few loads average choice to high
shSc: sns s4s tESgnd .E SqS S,D pound Teehss
steers, 81, 80: 5000: few loads HoisteiHs,
bound sd h.Ts Ssk eSoie,
to low prime heifers. 33.O0-35.75 CONNER
etc, to low choice, grades. 81. .5O-32 so;
sS.oS: % load ' i.a1s-pounS S'cs Colorado @ $3.50 $3.50
and load young 1.100-pound weights
22.OO; utility and commercial bulls closed
at 26.O0-2e.26 with good medium weight
eial to prime vealers. SO OO-38 90; most
Gull and utility GRADES, .20.00-31 .O0: few
choice 375-pound stock steer calves. SO. 90;
low choice, 400 -650-pound calves and light
yearling stock steers, 3O.5O-35. so: good tc
CHOICE S26-1 04O-pound feeding steers
steers down to $500: stock cows. 21.00.
Evening star., 1952-05-25
Tobacco Markets
UPPER MARLBORO ma

UPPER MARLBORO. Nd, May "a OP
lUSDA).-Better prices and quality O,
onertngs on the Southern Maryland auc.
tion TOBACCO markets this week pushed the
general average .$1.12 above last week
kets picked UP and volume OF sales was
heavy ~
Net auction sales during the week ending
Friday totaled g. ,492 pounds, averaging
S44.4 40 per hundred. This average COM
pares with S43.13 reported the previous
700 pounds at an average of $44:O3. Dur
ing the same period last year net auction
sales sale. am amounted gT to 6.940.92O pounds and
A great majority Of grades showed in
creases IN average prices over the pre-
vious week. Most gains amounted to %
cents to So per hundred pounds, However
were chiefly fair and low thin-crops Of
chocolate and green colors and low green.
ism and chocolate seconds In spite o1
the general Improvement top price paid
BY companies continued ut S72 per hun.
Good to short qualities were offered IN
larger PERCENTAGES than during last week
Bulk OF sales consisted Of low to good
Iheavy-crops. fair and good thin crops and
fair grades of both seconds and tips
Net receipts OF the bulk hogshead market
Tor the season were reported as around
net net sales at auctions, totals around s.606.-
lot 41.6 million pounds. This indicates
that approximately 81 per cent OF the
crops has moved to market.
Auction bid averages per hundred pounds
on a limited number of representative
United States grades wer eas follows:
Evening star., 1952-05-25
Chicago Grain

CHICAGO. May "A R.-Continued lacl
Of moisture in the spring wheat belt oi
the Northwest, as well as in Canada
brought buying into the bread cereal or
the Board of Trade today.
| Soybeans moved ahead with wheat. Some
buying entered rye on news West German,
had bought about l million bushels over.
night. although this purchase largely had
been discounted earlier in the week. Corr
and oats were just about steady.
Wheat closed N-1M higher. corn un.
changed to " hieher. oats unchanged to Y
to .nd cents hisher SOY
hundred pounds higher.
The action today left most grains lit.
tie changed for the week. with soybean;
Proyding ,snsr an exception saSsa Beans closed
ower aoa hisSer sSer 70 rye hisheE to cens: eat:
hundred pounds lower.
-, Chief feature OF the weeks trade was
nesday: May soybesns ended on n 10.
cent gain. the limit permitted in a, single
session, s,;I ,,ta and ct the 5sst price in tbs
3 good cents in the last couple q
With the memory Of this action yer,
fresh in the minds Of traders. soybeans
ios9AbCA UOOuhuB ducdU Ou 4HuT0Q6y. Liz
advance was led by the July contract
Some traders evidently felt tight situa-
ton also might develop in July, but others
doubted 1t IN view OF large supplies or
farms.
| News that the A. E. Staley processins
plant at Decatur. ILL.,. had reopened on
lday-to-day basis was a frming factor
cents a pound. This marked the fourth
straight week OF advancing bean prices.
10 May wheat also closed out on q firm
note. This brought buying into wheat
as did tn eimpasse in the Korean truce
lnegotiations. lack of moisture in the
Northwest and increasing reports of ex.
inceS.
While oats had to contend with more
Canadian imports. some speculative buying
gave the grain support on the ground Il
was too low in price in relation to corn
1 canadian oats received here since Great
Lakes naviga opened now total 4,251 ;.
600 bushels. Most OF it has gone inte
Evening star., 1952-05-25
New York Cotton

NEW YORK. May "a IN. - Futures
prices moved in a very narrow range this
week on the. New York Cotton EXCHANGE;
The net change over the week ranged
from an advance of 10 cents q bale to
2 decline Of ~ cents pal 6sle ., the only
ae S hs cf rEs. ne Ws.E SSSn
Ta: Sn, tis sns els sersn.tS, ds, on which there
S1.s 5 oDsntHg o.tg yes S:s :!r:nsH sssst, vis n s: M
goods market and when this spurt started
to fade, the futures market weakened.
Some proflt taking after the Monday
advances contributed to the declines
Other. selling influences included thu
Egyptian governments decision to. elinnin:
ate export taxes on old crop cotton and
sharply cut the levies on the new crop.
There were indications that Brasil
might subsidize exports and word that
France plans to use most Of It's S45
million Import Export Bank loan on new
crop cotton rather than on 1851 crop d
The Census Bureau reported on con.
sumption during the week and the figures
The sharp drop in the daily rate was Sc
close to private expectations. however
that they had little effect on the market
The bureau reported consumption fol
the fve-week period March 30-May 8 Of
s47. 900 bales. compared with 737. 900 ir
the previous four-week period and 1885,
600 in the hve-week period . year ago.
Evening star., 1952-05-25
THE BEST Sc
| EVER Spent
A Story About The
WALL STREET JOURNAL

"Sitting in a dentists waiting room,
picked up copy of The Wall Street
journal. In just u minutes reading
time l found two ideas could use in
my business and one idea that helped
me save money on my new house.
"That very day rushed check for
Sc to The Wall Street Journal. l have
been reading that amazing newspaper
ever since. 1t is the best proft-produc-
ing, money-saving, help-you-get-ahead
publication / ever saw!
IF you think The Wall Street
Journal is just for millionaires, you arc
WRONG! The Journal is a wonderful
aid to salaried men making $4,000 to
$4,000 year. 1t is valuable to owners
of small businesses. 1t can be of price,
less benefit to ambitious young men
who want to earn more money. Believe
me, the Sc spent for a trial subscrip-
ton to The Wall Street Journal is the
best Sc | ever spent"
This story is typical. Because the
reports in The Wall Street Journal
come to you DAILY, you get the
fastest possible warning of any new
trend that may affect your business
and personal income. You get the facts
in time to protect your interests, or to
seize quickly a new proft-making op-
portunity.
The Wall Street Journal is the COM
plete business DAILY. Has largest
staff of writer's on business and finance.
The only business paper served by all
four big press associations. 1t costs
500 a year, but you can get Trial
Subscription for 8 months for So
Tissues Gn U. S. and possessions). Just
tear out this ad and attach check for
Sc and mail. Or tell us to bill you.
Address, The Wall Street Journal,
"A Broad Street, New York 4, N. Y.
WS 5-25
Evening star., 1952-05-25
New AAR Vice President

Arthur R. Seder of Chicago, vice
president Of the Chicago & North
Western Railway System. has been
elected vice president Of the Asso-
citation of American Railroads. He
will assume his duties here June
as head Of the AAR's finance, ac-
counting. taxation and valuation
department
Evening star., 1952-05-25
Market Averages
Store Soles Above 1851

Washington department store
sales in the week ended May II
were Is per cent below the pre-
vious week. but remained 2 per
cent above the like 1851 week. the
Federal Reserve Bank of Rich
mond reported. Sales in four weeks
ended the same date were / per
cent above q year earlier.
Evening star., 1952-05-25
Initiation
won't
wreck
my
Savings
Plan

"I'm no financial expert, but I
can certainly see the effects of
imitation on my savings. AS a re-
suit, even though security prices
sometimes run opposite to the cost
OF living, I've decided on Mutual
Funds as an income producing
investment (within the limits of
market risk. I purchase shares
regularly each month and reinvest
the dividends.
Mutual Funds give me the
advantages of wide diversification
among many securities, profess
sional management and con-
tinuous supervision. And under
my periodic purchase plan I can
add to my holdings out of current
earnings"
Learn the full details of Mutual
Fund investing and how to start
a periodic purchase plan.
Evening star., 1952-05-25
League Meeting CoIIed

A monthly meeting of the exec
utive committee of the District
Building B. Loan League will be
held at the Mayfower Hotel Tues
day noon. and will be followed by
the regular meeting of the league
at 1880 p.nn.. r. Wilson Camp,
secretary, announced.
Evening star., 1952-05-25
HERE'S OUR PROBLEM

we TOOK long objective look OF ods for qualified
professional personnel We found locked Just like every
ooo ees Beouse convinced ot opportunities
thon most most Others decided write this informal
description OF our company and the kinds
seorchiae " ~
we meon orse multi pont operotn engaged manufacturing
ond soies activities notion wide We young aggressive
organization with excellent opportunities for the right people
Our stoff offices in the midwest conveniently
number OF derobe residential Washington c. il
wo ond one-hof hours by puneperops much
foxes you commute from home of work Out
you con pick your distance and by coroue relatively
country
we need number OF hitting to
o oos on our stoff These jobs which directly connected with
the poduetdeveopment from the bood
product reody for the public These Jobs require
mature outlook who both proieo and moenuewho have
understanding and working knowledge Of business
hnonee oir for report writing ond soph wouldn't
hur Some OF the require combination Of business administration
and engineering know how.
Our requirements such thot will be- Necessary for applicants
hove completed undergraduate ond graduate work.
their poricuor fields We do realize. however, thot experience
eertoia nature will sometimes for the lock Of the
educational requirements listed obove We would prefer
thirty ond forty Of and in good physical condition
We must hove who aren't oo Of od work
without being ontoeon who their
and still get olons with others We've need
teom
If interested being considered openings
would appreciate preparing detod business
educational On the os Of the replies received
intention to oke for
the Washington the should
to Box ZS-f. Stor, ct your ecrEet convenience
Evening star., 1952-05-25
Commodity Prices

commodity prices this week declined for
the first time in three weeks, according to
the Associated Press commodity index.
\ The decline was small and reflected
chiefly lower prices in the livestock. grains
and cotton and non-ferrous metals groups
1 of commodities.
pared with 1S4.9S last week end and
s05.20 year ago. In this index of :,5
important wholesale commodity prices the
II Grains and cotton and non-ferrous
metals were at new lows SO far this year.
II industrial commodities and livestock also
declined during the week, while food and
n textiles were o little higher.
Il The index, with comparable figures for
last week and year ago, follows:
Evening star., 1952-05-25
Industry's Production
Mounts With EASING
OF Labor Troubles
BY Richard Fiske
Associofed Press Business Writer

NEW YORK, May 24.-InduStry
shook OF many of its labor trpu-
bles this week and stepped up its
production schedules.
The Nations railroads settled
labor disputes of more than three
years standing. And as the week
ended, the Army returned opera
ton Of the roads to their private
owners.
Western Union and the AFT
telegraphers reached an agree
ment that gave them a working
basis for ending their 51-day
strike.
The Nationwide oil walkout
neared an end with additional
large refineries signing up.
Restrictions Removed.
Restrictions were taken of the
use Of automobile gasoline. kero-
Sene and oils. But the shortage of
aviation gasoline became more
serious and commercial airlines
announced drastic reductions in
flights.
There was fly in the ointment
the possibility that a strike vote
might be taken among California
oil workers. These workers were
left out of the walkout in order
not to affect Korean war efforts.
The steel situation remained
right where it was a week ago.
Thanks to defense production
business and industry generally
did a little better than the pre-
ceding week but the levels were
not quite as high as a year ago.
Textiles Improve.
Civilian goods manufacturers
continued an erratic course. But
textiles appeared to be doing a
little better in some departments.
The long-expected suspension of
price controls on raw cotton and
cotton textiles was announced.
The Nations storekeepers were
not too enthusiastic over their
business. They reported the lifting
Of curbs on consumer credit had
not drummed up sales to any ap-
preciable degree.
Evening star., 1952-05-25
CURB SUMMARY

FURNISHED By the Associated Press.)
A selected list Of active stocks ON the
New York Curb Exchange, showing the
high. low and closing prices for .he week
and the net change from the previous
weeks close.
Evening star., 1952-05-25
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., 1952-05-25

Rates of dividends in the foregoing
table are annual disbursements based on
the last quarterly or semiannual Geclara-
tion Unless otherwise noted special or
extra dividends are not included
Ex dividend xr Ex rights. cid Called.
pt pd Part paid ur Under rule war Wsr-
rants WV With warrants. XIV without
warrants. Also extra or extras b Plus
stock dividend. d Cash or stock Paid
last year. Payable IN stock estimated
cash value IN ex-divideno date EDe-
clared or paid SO far this year Declared
( Declared or paid this year. Al, sccumu-
lative issue with dividends in arrears.
nd Next day delivery: Paid this year.
taken at last dividend n,eetins. wpe1
clared or paid in 1851, plus stock divi-
dend: wd When distributed. KIDS Ex-
PAYABLE IN stock. exact cssii vaIiia unde.
termined On declaration date.
Evening star., 1952-05-25

Chicago Cash Markets.
No wheat. Corn-No. yellow, "a
1885,. No. 4, 1.s2-1. .s3A: No. s. 1.79N:
sample grade, 1.71A-1 80. oats-No.. 1
Mating. 1856; feed, 1.20-3O.
Evening star., 1952-05-25

The following. bid and asked prices are
iTo Deaiers fnc ana otsr Sources
but are unofficial. They do not represent
actual transactions; they are intended as
which these securities could have been
sold (indicated by the bid) or bought
Indicated by the asked) at the time Of
lcompilation {12 noon. Friday. Origin Of
ANY quotation furnished on request.
Evening star., 1952-05-25
Dividends Announced

NEW YORK. May "A R,.-Dividend
Pc Stk of Pay.
Rate. riod. Record able
Irregular.
Gas Industries Ed I5c 6-6 6-3,
Extra.
Union Wire Rope zoe 5-15 6-1.
Stock.
Ho!ophane One share
for each share held 60 6-2,
Initial.
Rochester Tel
5eo new S6.53Sc Ala ~
sFor the April 90 to
June 80 period.
Reduced
Evening star., 1952-05-25
Rouse. Brewer
4 Becker

Wyett BuiIdihs s6i6 Ga. Ave.
777 18th St. NV. Silver Spring ri
Sterling $500 Juniper 7-95o0
Evening star., 1952-05-25
Mutual Funds

NEW YORK. May "A R.-National As
sociation Of Securities Dealers, Inc:
Evening star., 1952-05-25
Over-the-C Counter Market

sPlus extra or extras. tPaid so fal
Saturday sales: Potomac Electric
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1952-08-01
Warns Of Increase In
Juvenile Delinquency

New York amp There will
be 10000 juvenile dellnquents in
the courts of the nation by 1860
unless the public discards its
present apathy towards the prob
lem and the work of public and
child service agencies is stepped
up. DR.. Martha Eliot warned the
National Social Welfare Assem-
bly,.
The chief of the Childrens
Bureau of the Federal Security
agency stated that more than a
million children are picked up an
nually as juvenile delinquents,
100000 of whom reach the courts.
An increase of 10 per cent has
been recorded since 1913. it was
noted, and that children are more
seriously disturbed" today than
ever.
The bureau is conducting a pro-
gram aimed at focusing public at
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1952-08-01

- 'F'-S''o ~
For instance. air your house or
apartment frequently. but open the
windows TO do so only when the
outside air Is cooler and drier than
that which Is indoors.
On hot days when it's really warm
outside. you may find II more prac-
teal TO close the windows and
doors. Ventllate early In the MORN
ing or late at night when the tenn
perature has dropped and the air
Is cooler.
It's smart, every once In a while,
even in the summer, to turn the
heat on In the home just for drying
purposes. Then use an electric fan
to clear the heat out quickly. You'll Il
find It more comfortable living
when the moisture has been dried,
as well as preventing mildew Of
floors, rugs and clothing.
Part of every household cleaning
should be devoted to airing out the
closets to prevent muStiness. Draw
ers should be aired also. II nec-
essary. occasionally remove every
thing within them, sun dry the cloth
ing, and wash and sun-dry the
drawers whenever practical.
Electric fans can be placed near
open closets to help circulate cooler
air into them. The change OF air
and drying out will prevent the mil
dew which may still be in its early
spore stage when IT'S dormant.
II humidity in your area is high
and the air is constantly saturated
with moisture, hang some paradi-