davidaulloa/AmericanStories huggingface dataset:
Evening star., 1952-06-27
Army Admits Output
OF Equipment Ism n'tCut
BY Steel Shortages

The Army admitted today pro-
duction of some military equip
ment may be expected to extend
for a longer period" than it orig
inally estimated because of the
steel strike.
The department issued an an
nouncement yesterday naming
several large manufacturers
which it said had either halted
production of military items or
would have to do so soon.
After several of the companies
mentioned in the announcement
had denied their production had
stopped, a quick re-check was
made by Army officials.
Issues Second Statement.
Then the department issued q
second announcement:
"The Army's report on the pro-
duction stoppage involving Army
vehicles, light tanks and vehicle
transmission assemblies was based
Ion estimates of available mate
rails and componentS made as
result of informal conversations
with the companies as of June 20.
"A further review of available
supplies of components received
from subcontractors TO feed as
Sembly lines now indicates that
production from these plants may
be expected to extend for a longer
period.
THE actual dates of work stop
pages will depend on company poll
icy to stretch out production on
a reduced schedule, or the receipt
iof additional components from
Isubcontractor suppliers."
Settlement Hope Rises.
The Nationwide strike has al
ready cost around 6.5 million
tons of the vital defense metal.
Acting Defense Mobilizer John R.
ISteelman in a Dallas (Tex.)
speech yesterday. called it a dis
Iastrous work stoppage."
But some observers saw glim-
mers of settlement hope in the
strike picture:
/. The sudden loss of 6 million
tons of steel has shaken loose
about all the spare steel in the
country. Demand for all types of
steel is climbing to peak, follow
ing the spring buildup of surplus
stocks of some types of the metal.
2. The striking steelworkers.
more than 100000 of them. have
already lost more than $3.50 mil
lion in wages. Hardship cases
were multiplying in all steel CEN
terS.
3. The Nation as a whole was
beginning to sense a catastrophe
in the making if the strike con-
tinues. Thus indefinable pressure
could be expected to bear on both
sides and force more compromis-
ing across the bargaining table.
Evening star., 1952-06-27

Harold D. Fangboner, general
commercial supervisor of the
Chesapeake & Potomac Telephone
Co. of Baltimore City, will sue
ceed Mr.. Howard here as general
commercial manager.
GrOcerS to Hear Bennett.
Senator Wallace Bennett, Re-
publican, Utah, will address. Gro
Gerry Wheels of Washington at a
dinner meeting at the Burlington
Hotel Monday.
Senator Bennett, past president
of the National Association of
Manufacturers and a member of
the Senate District Committee will
speak.
Hot Weather Note.
The latest in business wear
was demonstrated at Latt'S
spOrtswear store today when
four or five statesmen dressed
in sports shirts and shorts to
wait on steaming customers.
Another innOvatiOn-a glass of
cold lemonade for the GUS
toner.
Directors Assignments Listed
John A. Bard, president of
Washington Chapter, National
Association of Cost Accountants
announced directors assignments
for the Chapter year beginning
July l, as follows:
Stanley j. Curran, publicity;
Mark Richardson. publications;
Warren A. Melhorn, meetings;
Thomas B. Crigler. jr., member at
tendance; Allen. D. Henry, pro-
gram; Howard G. Oberlander
education; Paul E. Largent, special
activities; Searcy C. Spears, en-
ployment; Percy L. Hanson, men,
bership.
SeabOard Finance Offering.
Seaboard Finance Co. has filed
with the Securities and Exchange
Commission a registration state.
ment covering a proposed offering
of 100000 shares of convertible
preferred stock. $35 stated value.
Willys-Overland dealers will at
tend a dinner meeting at the May
flower Hotel Tuesday. The dinnel
will mark the close of a sales con
test among Washington zone deal
ers, William H. Allen, zone mana.
ger, announced.
AS both July and 5 will b,
Maryland State holidays, tht
Suburban Trust Co. announced
that all offices will be open botf
afternoon and evening of Thurs
day. July 3.
Evening star., 1952-06-27
Underwriters Listed
For Stock 0fferinu
OF Washington Gas
By Donold B. HodIey

Most Washington investment
firms will take part in underwrit-
ing common stock Offering of
Washington Gas Light Co., it was
learned today following tentative
approval of the issue by the Dis
trlct Public Utilities Commission.
The PUG approved offering of
104,915 additional shares to pre-
sent holders at the rate of one new
share for each seven held, subject
to final determination of the Offer
ing price next Tuesday.
1t also waived the competitive
bidding rule for public offering of
shares not taken by stockholders.
The underwriting group, headed
by Johnston. Lemon & Co. and
First Boston Corp, includes:
AuchincloSS, Parker & Redpath,
Alex. Brown & Sons, Folger,
Nolan, Inc, Goodwin & Olds,
Mackall & Coe. Ferris & Co.,
Robinson & Lukens, Robert C.
Jones & Co.. Rohrbaugh & Co.,
and Rouse. Brewer & Becker.
Warrants for purchase of the
new shares will be issued to stock
holders next Wednesday and will
expire around July 18. Holders
of record July % will receive the
increased quarterly common divi-
dend of As cents a share, de-
clared this week.
Loans at New Peak.
Outstanding loans of IA reserve
member banks here expanded to
new all-time peak of $4,000, 900
on June Is, a gain of $3,407,0
from a week earlier. the Federal
Reserve Bank of Richmond dis
closed today.
The new advance followed a
moderate setback in the previous
week. The latest total was So
821.000 above January 2. 1852, and
$9,986,000 ahead of June 20, 1851.
Commercial loans of $14O,073,-
900 on June 18 were $983, 900 high
er in the week, up SLOTS, 900 since
the start of the year and about
even with year ago.
Real estate loans of $103 ,094 900
were up $358,000 in the week, 81
766.000 higher than at the start of
the year and $3,967, 900 above a
year earlier.
Other, loans, mostly consumer
loans, reached a new all-time high
of $80,1 900. up 81 1,567 900 in the
week. $5,219,000 higher since jan
uary 2 and $3,853,OOO above the
like 1851 date.
Demand deposits of 1913, ,692, 900
were $7,147, 900 higher in the week,
up $12,339,000 since the start of
the year and $67,519,O0O above a
year earlier.
Transit to Buy More Bonds.
Directors of Capital Transit Co.
yesterday authorized purchase of
another ST. million of the COM
panys 4 per cent mortgage bonds
due in 1864.
They authorized purchase of 81
million in January, but only
$500,000 of that amount has been
acquired. the company reported.
Completion of both of the 1852
authorizations will reduce the
company'S bonded indebtedness tol
SIS million. compared with 50 mil
lion outstanding at the end of
1949.
Ericsson Goes to A. T. & r.
Stanley G. Ericsson, general |
traffic manager of the Chesapeake
& Telephone Co. of Washington,
operating and engineering depart
has accepted a position with the
operating and engineering depart
ment of the American Telephone
& Telegraph Co. in New York. He
will be succeeded by John H. |
Howard. who has been general
commercial manager.
Evening star., 1952-06-27
Business Briefs

Money in Circulation totaled
$28.814, 100000 on June 25, a gain
of $27 million from a week earlier
and $1,213,000,OO0 above a year
earlier.-Federal Reserve Board.
Heavy Construction Contracts
totaled $685., 900 in the week
|ended Monday. compared with
$305, ,727 900 the preceding week
and $316,705, 900 in the like 1851
Notwithstanding News-Record.
Department Store Sales last
week were 6 per cent above the
like 1851 week, but for the year to
date were per cent below Jan
uary 1-June 81, 1951.-Federal
Reserve Board.
Rail Freight Volume for the
week ended June q amounted
to 643,860 cars, or 2 per cent
above the previous week and 22.7
below the like 1851 week.-Asso-
Citation of American Railroads.
New President of Anaconda
Copper Mining Co. and its sub
|sidiarles. Chile Copper Co., Chile
Exploration Co. and the Andes
Copper Mining Co., is Robert E.
|Dwyer. elected yesterday.
Automobile and Truck produc-
|tion for this week will be 95,657
cars and 25,80O trucks, compared
Ito 94,365 cars and 25,249 trucks
last week.-Automotive News.
American Gas g. Electric Co.
learned $25,615.171 or S4.56 a
share in the IL months ended
May 81, VS.. $25,471,110 or $5.O1 in
the same period last year.
Appalachian Electric Power Co.
earned $11.274,874 or $30.55 a
share in the IL months ended
May 81, VS., $10,728,55l or $28.95
in the same 1851 period.
Atlantic Coast Line Railroad
earned $8,023,153 or 1914 a share
in the five months ended May 81,
VS.. $4,911, ,109 or $3.50 in the same
period last year.
Baltimore & Ohio Railroad
earned $9,7O8,318 in the five
months ended May 81 VS.. S.
768,010 in the same period last
year.
Consumers Power Co. earned
$19,830.848 or $2.67 a share in
the IL months ended May 81 VS..
$19,979,816 or $2.96.
Eastern Gas & Fuel Associates
earned $8,885 ,069 or $3.O1 a share
in the IL months ended May 81,
VS.. $6,805, ,628 or 1920 in the pre-
vious IL months.
Pennsylvania Railroad earned
$5,977, ,083 or As cents a share in
the five months ended May 81 VS..
a net loss of $5,8O9,148 in the
same period last year.
Philadelphia Electric Co. earned
$26, 6,536,160 or $2.13 a share in the
II months ended April 30 VS.. ST.
1884 or 1922.
Virginian Railway earned So
303,5 ,525 or $2.08 a share in the
five months ended May 81 VS..
81 ,831 300 or Sill in the same
1851 period.
Western Maryland Railway
earned $2.337,63 or $13.17 a share
in the five months ended May 81
VS.. $2,412,311 or $13.59.
Evening star., 1952-06-27
New York Produce

NEW YORK, June % .dP.-Eggs were
higher today in the wholesale market.
Eggs, l1.966; firm.
New York spot quotations based largely
on exchange trading, follow. Midwestern
Mixed colors, fancy heavyweights, 44Lz-
10; extra | large. 41-42; extra / medium.
Al; pulletS, 34la-35; standards large.
36-39; current receipts. rehandled, 36-37;
dirties. 34-34 u: checks, 33. Whites, fancy
heayyWeishts, 41la; extra ] large, 43ls:
heavyweights: AS; extra 1 large, "A; extra
! medium. ~.
Nearby--Whites, extra fancy heavy
weights, 50; fancy heavyweightS. 51-52;
others. large, 1850; mediums, 46-46la;
pulletS, 50; peeweeS. 22-24. Browns
extra fancy heavyweights, 51ia-53ia:
mediums, 44ia-45ia; pulletS, 34l2-35;
peewees. 20-.2.
Butter. es9,6a2: steady. Wholesale
prices on bulk cartons.
Creamery. higher than % score (AA>
fresh. 7034: 81 score (Al fresh, 69l2;
90 score tB) fresh, 6sla; SO score tc)
Cheese. 1896; steady; prices un-
changed.
Evening star., 1952-06-27
Foreign Exchange

NEW YORK. June 81 IP.-Foreign ex-
change rates follow (Great Britain in dol
lars. others in cents):
/, Canadian dollar in New York open mar
ket. 2is per cent premium. or 102 .56H
United States cents. unchanged
Europe-Great Britain (pound), So.7Si1.
of 10 of ent; 3O-day futures. S27754,
OF Is of cent; 90 day futures. S2.76IS
of .s of cent: 90-day futures. S276is,
CT IS of cent Belgium franc). 1887,
of 0.00ls of a cent; France Granc),
o.2SSs of a cent. unchanged; Holland
tgullderl, $3.50. up 0.03 of cent: Italy
Qiral. 0.16ls Of a cent, unchanged; Por-
tugsl tescudol. $50 unchanged; Sweden
tkrona). 10 35. UNCHANGED; Switzerland
franc free); 1923. Up 0.01 of a cent.
Latin America-Argentina freeI 725.
UNCHANGED; Brazil (freep. $50. unchanged;
Mexico. / 81. unchanged; Venezuela IDOL
iEart, 10, ,03. unchanged
Far East-Hong Kong dollar. 1850. un-
changed.
Evening star., 1952-06-27
Market AVERAGES
New York Cotton

NEW YORK, June % R,.-cotton fu-
lures moved in a narrow range in fore
noon trading today which was larr@v
continued to improve local bu'
ing from old crop July to later months
vas moderately active.
demand for spot cotton has not been good
iduring the past week as they appeared to
be comfortably fixed for their immediate
requirements Interest in new CROP Wps
also smaller. but it was expected to
broaden after the mills Fourth oI Ju !
well. with indications that there will be
very little loan cotton left in Government
pool on August /.
lof cotton declined sharply
|, Noon prices were D to 80 cents a bale
higher than the previous close July,
I33sSu; October 36.SS. and December,
Evening star., 1952-06-27

Hourly Sales on the Exchange.
IL 100 am. 23o 0oo 1900 noon A7o 600
100 PM. 7Io 600 2:OOpm. 600 600
tUnit of trading 10 shares. In 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
Ior semiannual declaration. Unless other
wise noted special or extra dividends are
not included cid Called. Ex dividend.
xr Ex rights. Also extra or extras. Plus
clared or paid so far this year. PAYABLE
in stock estimated cash value on ex divi-
or paid after stock dividend or split-up.
Declared or paid this year. an accumu-
iatiye issue with DIVIDENDS. in arrears.
dividends omitted, deferred or no action
taken at last dividend meeting. Declared
K Declared or paid in 1851, plus stock
dividend. Liouidating dividend. 1Pay-
able in stock. exact cash value undeter.
mined on DECLARATION date
Evening star., 1952-06-27
Odd-Lot Dealings

NEW YORK. June 81 R,.-The New
York Stock Exchange reported today these
odd lot transaction by principal dealers
OF 1c4.s shares on 4,314 orders; sales
of 111.l56 shares on 4.111 orders includ-
ing 400 shares sold short on IL orders.
Evening star., 1952-06-27
Washington Exchange

Pot>El Pwr com-10 at 1879, 100 at 15ss.
", SO al 153s, Is at 1874 o.
wash Gas Gas 4.bO pfd do at 1O6h. 1s
Nat Ma !, Mtg ng & Inv Inv pfd11oO at ~.
Evening star., 1952-06-27
N. Y. Bond Market
the Associated Press.I

Associated Press.D
Y SELECTED ISSUES
IDet Ed CIV IS So 115zs
Erie 412s 2015- 771Iz
Fl F c 5s "a 673A
Hud&M RI 5s57 563A
LII Bell 234s 81 945Ss
IntGN lst6s53 1o2l4
IntGN 5s 56 C F.. 97i>7
Leh v As 2003A y
Lorilird IS 63 1o1%4
Mo-Pac 5i2s 40 66A
Mo-Pac 5s 65A 1o13z
Mo-Pac 5s ~ r lo1A
Mo-Pac As IS 1o8
Mor&E3as2OO0 5Si>s
NatDairy2a4s7O 97zs
NY&Har4s43B 9Sl7
NYHar $4,000 1o3it7
N Y.& F As 93-. 62l4
N Y C os 2013 76
NYC4l3s20l3A. 69i4
N Y c As 9S 63A
NYCHR 3las 81 IS
NYCLaSh3l29S, 5olA
NYNHin4 las22 573s
NYNHH4 s2007 90
NY Tel 3lss rs 1o1ih
NoPac IS 2,047 73lA
Pac G&E 3s IT 9Sss
Penn RR 5s 6S 1o3iA
PittPlateG 1867 1o2l4
.SLSf 4las 2022 95lA
Seabin4Ias2O16 1oo34
.ShellUn gas II 94ss
So Pac 41as 64- 1ooza
So Ry As So - S9ze
Tex Cp 3s 65 1925
Third Ave As 60 S2lz
UnOCalcv3M72 1860
W Sh As 1881 565s
West Un $500 1o1
Evening star., 1952-06-27

Furnished By the
!LIST INCLUDES ONI
| FOREIGN 1:I5I
Australia 5s So 1oo=|
Brisbane IS 5S- 1ollzI
Chile 21a-3S SO 364E
Copenhagn5s 80 e4lts|
Ital Cr CONSIST 425sI
Urug al 412s7S- 94i7i
DOMESTIC 1:16
AluCOAm J4s64 1023sI
Am&FP5s203U 67stsl
AmFP4.S0SS7 67ssI
AmT&r 33ss63 1l5M
AmT&T3h64Wt 115sNsI
AmT& T2s4s6I loS |
AmT&T 234s71- 95lAl
AmT&T 234s7a 94l7I
Am Tob 3Kss n. 1ol
m Tob IS 62 1o1
Am Tob 3s SO loozsI
Att c l. 4ll2s Ga 1864
B 81 o 6s 80 j. e6lhI
B Il o 5s 90 G 74lzl
B g. o 5s NJ 90 "a
B&O 5S 2O00K 74izI
B&O v4I220lO 64ial
Borden 27s 81 991s
Bos Me 4las 70 555tsI
Bristl My 3s 68 1ool1sl
Buff R&P 81 ST sozsI |
Celanese3H2s76 1o2
CGa 41as2020B 4 64N
CRRNJ 3I4s 81 81
Chi & E / inc 81 e9
CMSPcv4Ia2044 64i4
C&NW ANS 90 6oizl
|ChiUnSt27ss63- o63AI
ColF&Icv4A66- 1o2lzI
Cons Ed IS 72-. 1914
Con Ed cv3s63 137Nl
lDel&Hud As SO 99lzI
Evening star., 1952-06-27
Dividends Announced

/ NEW YORK, June 81 tP,. Dividends
announced:
St. Paul recorder., 1952-07-04

from Fulton and DeKalb counties.
With the fund, Spalding and his
colleagues have built a five-storv
hospital with 1l6 beds (no more
than four to room) and SO bas-
sinets, with modern refinements
such as central oxygen supply
and a lot of air-conditioning. Pri-
vate rooms will cost SIS a day
with bath. $3.50 without; semi
private Sl1, and a bed in a four
bed ward 50, The staff will in
clude both white and Negro doc
tors.
Some Negroes complained that
the Spalding Pavilion perpetuated
the segregation which they hate
besides a separate kitchen and
laundry, II even has its own
morgue. The majority were salts
fled TO have the physical plant. as
good as anything Atlanta has for
whites, and TO let the segregation
issue work itself out, To sage DR..
Mays, the important think was
that, for the first time, Negroes
had taken part in the planning
from the start-it was mot lust
something done for the Negro bv
the white people Time Maga-
Eine
St. Paul recorder., 1952-07-04
Some Thoughts For The Fourth

The Fourth July is good time any to examine
whether or not the freedoms which the basis of the De-
claration of Independence are still of value.
The United America the height of its economic
and physical power-now credited with being the most
full nation EARTH faces tremendous problems from
within and from without to observe the l6th
anniversary of the Declaration which went TO win the
freedom of American colonies The Declaration ought
to be guide to nation.
America endowed with pioneers who had the power to
think for Ages The minds that conceived and wrote the
Declaration of Independence to the world cedo which
practced the world would rid OF the wars the fears
the Illustrations which beset the human family.
What finer words have been penned than We hold these
truths to be seevdent that all created equal that
they endowed by their Creator with certain naienabe
Rights that among these Life Liberty and the pursuit Of
Happiness Is there anything any beautiful noble in the
state papers of nationf
These lofty dynamic statements written by men
pressure and shadow of yrannca king whose ad
vsers did realize that the coos who braved the
tain settle in wild rugged land had the to
stand up for human rights The of the Continental Con-
gress freedom only for themselves but could
almost 200 that to insure freedom for themselves
they had to that every man had it.
Declaration of independence is always
with us Americans even if we do not heed it.
1t is with when daily treatment of of
fellow all the principles the Declaration
has forth Often when read the July Fourth speeches of
certain Of political leaders of dear southland partic
lary wonder if they do have shame
they speak their Independence oraon when they reflect how
far they continue stray from the second paragraph of the
Declaration, portion of which have quoted abovef
In intercourse with foreign nations in relations
with fellow citizens nation will strengthen its posi-
ton at home and before the world will keep constantly be-
fore it the words of the Declaration of Independence quoted
above for those words which thrill the breast of every
free and every slave alike
The best thing that happen to the United States of
America that she dedcates herself beginning July
pementng in every of its daily life the credo Of 1--WE
hold these truths to be seevidnt that all created
equal ="
St. Paul recorder., 1952-07-04
Help NAAcP Help You

We hope that the NAACP luck
both parties strong pans
Eisenhower and Taft principal contenders
mitted to the outwon states rights doctrine
probably decisive at the Republican convention.
The will Republicans
plank weak there will be tendency for the
suit out of the belief that Negro voters
than chase after Republican promises.
While those will be the surface considerations
large extent what Negro parties
they want Neither party going do unless
pressure
In the final analysis the pressure
has support from the rank and hehe people who will do the
mig That support best membership
participation in the local branch
membership YETI California
St. Paul recorder., 1952-07-04
Need Better Local Roads

The Association for Amendment No stresng the
that the divisions Of the Minnesota highway
competitive The primary highways
dairy. rural roads supplement each other.
outside
munites Minnesota 1850 947,295
Advocates Amendment point part
population almost completely dependent
rural roads The amendment that rs
ceps from motor vehicle licenses
road system the countless 10
remaining IS percent for trunk highways
Under conditions farmers need ayear bring
products brought products
industry from the cities and their children
these small need better country
the many
live.
1t be there is not
primary and secondary road building
situation then both divisions of the highway
sderaon Advocates they
the answer-MOnteVfdeO
St. Paul recorder., 1952-07-04

reading liberals everywhere the June 2s
The entire edition Is dedcated 70
Free" articles what is happening 70
association in these United States
thinkers Harold Lask words used
what happening in America which
learning everything with which is dsagree Com
the American Scholar, Spring, 1851:
very late that must ask the
the weaker to maintain the
their differences known without
would likely have informed and parcpa
and in their of life drawing
government very committed to ends which
inspired the limit of their abilities Why
has not been because Mr.
that fear breeds repression; that
stable
loyalty that strength built
passionate goals worth fighting for"
English socialists thoughts
edition Said Las
tnently:
outines these called into question,
they normal judgement Discussion becomes
challenge to threat Men gpped by fear
the thought So that when
suppress because they
dare not Invited to experiment they act like
children will listen nothing
echo their all else becomes dangerous
thoughts"
St. Paul recorder., 1952-07-04
Are Holidays Invitation To Death?

Traffic accident experts estimate that the July week
end holiday 500 Americans will lose their lives
accidents and 5000 will be injured in the senscleSs
ship of speed and carelessneSS
Most of the accidents the weekend holidays
this July where people have opportunity for three full
days of what should be recreation and When holidays
earlier in the week the death and toll
siderably reduced.
Americans appear feel that they do everything
big and they certainly overO themselves in killing each
other the streets and highways each long holiday.
1t would be grand if all of would make real effort
enjoy this holiday safely possible We reduce
horrible record if each person appoints himself
drive SAFE drive Slow check brakes and obey safety
and traffic rules You might be able avoid traffic
iecdn with fool driver who does obey the rules but
yOu can do your part by driving safely.
In book people who cannot swim have business
boats unless they adequate life presrves People who
have regard for their lives ought think the grief
they will family and friends when they up that
boat while fishing
II the long holiday weekends keep killing many
people, would be willing back law have all our
holidays Short day affairs Why you old kljoy you
St. Paul recorder., 1952-07-04
Pioneer Press On The Civil RIGHTS Issue

Senator Humphrey confident that the
which he successfully
convention viii be readopted at this
Humphrey believes the platform
rights advocates forcing the
the floor.
Humphrey is Republican party platform
all the to state their position
issue In the cearest possible language The
approximately the stand
attention focused the
successful battle for civil rights legislation Humphreys
convention floor speech, stole the show
Only presidential contender-W. Ave Hartman
Democratic side has the whole distance supporting
legislation Neither
form The edge this issue will TO the party
position convinngly by endorsing
economic political opportunities of all
mating present Determinations
There the Republican
shadoed the civil rights
important northern industrial states and
strong clearly
lank adopted.-St Paul Pioneer
St. Paul recorder., 1952-07-04

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