davidaulloa/AmericanStories huggingface dataset:
Evening star., 1952-06-02
Increase in Veterans
On j. ). Jobs Doubles
.9.Month Civilian Rise
By the Associofed Press

The increase in the number Of
veterans employed by the Cow
ernment almost doubled the in
crease in non-veterans during the
nine months ended April /. the
Civil Service Commission an
nounced today.
The Commission said that as
Of April /. there were 2,380,770
persons working for the Federal
Government. of whom 1,104, ,083.
or AZ per cent. were veterans or
relatives entitled to veteran-pref-
erence consideration.
Nine months earlier, the an
nouncement said. there were L.
l070.053 veterans. or 46 per cent,
of 2,312,983 employees.
The announcement said that of
the 1.l04,083 employees entitled to
veteran preference on April /.
.055. .899 were former servicemen.
~ ,466 were former SerVlceWomen.
and 20.698 were wives, widows or
mothers of veterans.
About 60 per cent Of AL r"e'e
Government workers now are vet.
Grams, the anlIUu44.------.. e. -,
and about 8 per cent Of all women
employees have veteran preference.
There has been a continued in
crease in the number of disabled
veterans on the Federal payrolls
also. the agency said-17l,937 on
April /, as compared with $1,000
in 1916. OF this increase, 1910
were added to the rolls in the
nine months ended April /.
The number of civilian Federal
workers in the Washington area
fell from 256,096 last July ! to
248, ,748 on April l, the report said.
Despite this decrease in overall
employment, the veterans ratio
rose from 35 to 36 per cent during
the nine months.
Evening star., 1952-06-02
Chicago Grain

CHICAGO, June 2 P.-The grain mar
ket sought lower levels on the Board Of
whics VII 3Hay see BE Wheat harvesS @enin in
the Southwest, testing the markets ability
to absorb hedging pressure.
Wheat opened lower and kept right on
cents. The July contract sank to a new
short-covering support which featured
SsSs seen Some short
Wheat. near the, end Of the frst hour.
was Ia to 2 cents lower. July 233ts;
corn was :. 70 / cent lower. July S1.S2A =.
soybesns Soy were A-1h Cents Cents lower july july
$500. and lard was 2 to 10 cents .
hundred pounds lower, July S12.56.
Sos over es the week W end Grain
thought moisture was not particularly
welcome IN that area ct this time. The
winter wheat crop Is sr pretty % wen made
which would lower quality q the grain.
the third LARGEST on record rieht now and
Ordinarily this would create heavy hedEins
pressure, but some analysts feel that with
prices so far below the loan, and with
storage room ample, now much grain VIII
There we're $50 cars Of cash corn on
track here today, which. was not too sur
prising In view Of the long holiday
s es sSt orp cars rs RVSE to ss Waa s
Witch at the moment tends to discourage
an Saa Ssns In extending
Beans have advanced for six straigh,
tHis week Just on Z the S'e law ot " svesa9es s
some traders think the bean price up
turn has nullined the bean oil advance Is
far as conversion ratios are concerned
Evening star., 1952-06-02
Moral Rearmament Role
In Labor Disputes Cited
BY the Assecioted Press

MACKINAC ISLAND, Mich,
June 2.-The impact of the moral
rearmament movement on labor
relations in England was described
at the MRA's world assembly here
yesterday.
Arthur Morrell, shop steward in
the Ford Motor Co.'S Dagenham
england )plant, told the 800 del
egates from 26 countries that mot
a single grievance has left the
floor Of the assembly plant in the
last three years."
He said that since he and other
stewards adopted moral rearma.
ment principles, issues with man
agement have been settled on the
basis of what's right. not who's
right"
John McNally, a Liverpool
dockers' leader, said MIRA princi-
pies averted a tieup of the docks
in a dispute five weeks ago.
Evening star., 1952-06-02
Market AVERAGES
Chicago Livestock

CHICAGO. June 2 up (UsDA) -salsbl,
hogs, $4,000; generally fairly active, active
stances 35 cents lower early on light.
Welghts; sows mostly steady: most choice
lSO-22O pounds, 21.25-21 .65; top 2I.7i
Tor few loads hghtweights; most 23O-25(
POUNDS 70. .5O-21 .25, 26O-2SO pound.
II 100000; most sows. 400 pounds anC
under. 1S.00-19.00; 40O-500 pound,
i7.26-lS.l5; odd heavier weights dowr
to 1929; good clearance.
Salable cattle. $4,000: salable calves
800; yearlings and light steers. around
900 pounds down, rather slow. STEADY
to weak; over 1,OOO-pound steers drasSy
mostly steady; cows steady to weak; bulls
led steers 34.50-37 90; two loads 80. rs
ana 90; very little promising to sell
above 1925; bulk good and choice steers
~ .00-34; 90; commercial to low good
grades 2S.0O-29.75; choice to low-prIme
heifers 33.00-35.00 load prime heifers
held above 80. 90; commercial to low choice
heifers 27, ,50-32. 80; utility and commercial
cows Il 1926 90; most Gamers and cut
ters 18.00-21 so; utility and commercial
bulls 25.50-2S.75: commercial to- prime
ssiable sheep, 200; slaughter lambs
$3.50 cents higher; top 29.75 on prime
Choice Ss skl8i kp2ine bulk 'amn sosd
slaughter ewes steady on Gull to choice al
S.5O-13.0O.
Evening star., 1952-06-02
Prince Charles Sticks Out
Tongue al Admiring Crowd
By the Associu,ed Press

LONDON, June 2.-Princs
Charles recently responded to
greetings from a crowd of his
future subjects by sticking out his
tongue, the Sunday Pictorial said
yesterday.
Reporting the arrival of the 3la-
year-old heir to the British throne
lat Ballater Station, Scotland. en-
route to Balmoral Castle. the
paper said:
Royalty always acknowledges
the cheers of onlookers but he was
doing it in q somewhat informal
way. He was sticking out his
tongue at the crowds.
Charles has a thoroughly mis-
chievous sense of humor."
Evening star., 1952-06-02
New York Cotton

NEW YORK. June 2 Rn-cotton fu-
lures developed o slightly firmer tone
n forenoon dealings today. although
the price pattern remained irregular,
Atlanta adyices to q leading spot
lfirm stated that mill demand for spot
cotton improved considerably during the
past week, with interest shown in o
wider range Of grades and growths than
at any time since. last fall The firm
said mill advices indicate that business
operating on longer time than for the
past six to eight weeks. The basis price
for spot cotton was reported firm ana
rising.
Memphis also reported an improved
demand for spot cotton.
Noon prices were 55 cents q bale
lower to 15 cents higher than the pre-
vious close. July, 1898; october, 1919,
and Decemher. 3R. .53
Evening star., 1952-06-02

Associated Press.l
Y SELECTED ISSUES
Cit Serv IS IT s4N
ICCCSL 41as n 67%
Clev El III 3s70 1o1A
Col2sSo 4Ias so lola
lComlthEd 3s77- 1914
Cons Ed 3sss \. 1o3h
Cons Eds 3s 81. 96lA
ConsuP Pa 70 o7h
lD&RGW3-4s93. 1o2ih
Det Ed 39ss rs 1o4i4
Det Ed CIV IS SO 116iz
Erie 4ias 2015- TIA
Firestne 25ss72. 95N
lGM&O 2044 B.. 76Hs
H&M inc 5s ST ara
'lICCSL 5s 63A 1oe3
InldStl3Ns 72 1864
Int CT No 6s SO 6oss
Kama &Mch4s9O 90
Leh Val 41as "a eSN
LehV4 I2s2OO3B TN
LehV4has20O3E 6eiA
Leh v As 2O03D 63iH
! L&NAKC As 55 1924
Me Cen 4hs so e5
} MKT 1st4s 80 e6lh
Mo-Pac 51as 40 6eiA
!! Mo-Pac As 75 11Aih
Mor&E3las2O0O 573<
Nat Steel 3s 65. 1o1%
N - c os 20I3- 74lz
NYC4Ias2Ol3A 67lh
J NYCHR 3hs 81 73N
~ tNHln4 H2S1E- 9TN
} N Y o w As o. e,h
NoPac 3s 2047- 74ih
'lOhio Ed 3s "a 100
Fac G&E 3s "a 9oi<
Penn RR 5s 6S 1o4
J PhilaEi 3Ks So 1o3N
! SLSF 4 las 2022 e5N
, ShellUn gas II -
So Pac 41as 81 100
SoPac4 lssOr77 1924
} So Ry As Sc -. 1914
o0lh
Evening star., 1952-06-02
Steel Stocks Perk Up
After Court RuIinq;
Trading Also Expands
BY the Asseeioted Press

NEW YORK, June 2.-Steel
stocks moved ahead quickly and
activity perked up on the stock
market today Immediately after
the Supreme Court ruled Govern
ment seizure of steel mills illegal
1t was no runaway by any
means and most of the sudden ac-
tivity was in steels.
During the morning Bethlehem
had been on the downside by a
small fraction and United States
Steel slipped from a gamer to un-
changed from the previous close
around noon.
Immediately after the Supreme
Court ruling, United States Steel
Bethlehem, Republic and Jone:
and Laughlin advanced fractions
while Youngstown gained better
than a point at times.
The entire market felt the effect
of the long awaited decision and
many issues that had been backing
away began to gain ground slowly
Railroad stocks continued amons
the stronger groups.
Northern Pacific, Santa Fe, New
York Central and Union Pacific
all advanced.
Among the wider movers wa.
Barber Oil. which jumped foul
points at one time.
Other advances included Chrys.
Ter, Caterpillar, United Aircraft
Philco, Zenith. International Tele.
phone. Anaconda, Du Pont. Gen.
eral Electric and Trans World Air
lines.
Among the losers were Dow
Chemical. Westinghouse, Philil
Morris and ohnS-Manville.
On the bond market, corporal,
issues were firm and trading wa
slow. Governments were steady.
Evening star., 1952-06-02

women are becoming the
principal owners of the country's
financial holdings" Mr.. Hunter
said. "We hope by this series of
courses to give an introduction to
the basis of profit and loss opera
ton of American business"
Each of the classes is limited to
800 women, the seating capacity
of the air-conditioned auditorium.
There is no charge for the courses
Tickets are available at the serv-
ice desk, street floor. of the Park
ington store, or by written re-
quest Of the public relations de-
partment. The courses will be
conducted by staff members of
Merrill Lynch, Pierce, Fenner &
Beane. Topics include 'Princi-
pies Of Investing" and "How to
Buy and Sell Securities"
Each session starts at 7:15 pm
and includes a question and
answer period. A Commute film
deals with the investment expe-
riences of an average American
couple.
Fairfax Franchises Awarded.
M. j. Marty" Logan, manager
of the Baltimore Richmond Zone
of the Chevrolet Motor Division o1
General Motors Corp, which in
cludes Washington, has beer
awarded the Chevrolet and Olds-
mobile franchises for Fairfax, Va
Formerly operated as the Serv-
ice Garage, the business will be
known as Logan Chevrolet Co
The change was effective today.
Mr.. Logan, who has been as
sociated with Chevrolet Division
for nearly % years, will move his
family to Fairfax from Towson
Md
Washington Chapter 81 of the
American Savings and Loan In
Stitute will hold its annual gradu-
alton dinner and dance the
evening of June 20 at the Shore
ham Hotel.
Orvis Brothers & Co., members
of the New York Stock and Curb
Exchanges, opened a new branch
office in Forest Hills, Long Island
today, during the week of its 80th
anniversary. The firm also main
tains a branch in Washington.
Evening star., 1952-06-02

S uch classes
June 8, 16 and
%, at Hecht's
Arlington store.
T h e purpose,
according to
FIR a nciS C.
H u n ter, resi-
d e n t manager
Of the broker
age firm, is to
provide an in
PRODUCTION to
the stock mar
k e t for t h e
W o m a n in
VeStor-
Evening star., 1952-06-02

list INCLUDES ONI
| FOREIGN 1:l5
Australia 5s SIS 1o1ih
Australia3As57 94lA
| Canada 224s "A 81
Chile 2h-3s 90 37ih
Ital Pub Ut3s77 -
Polnd4las63asd 5ih
new XORk LIH
3s so 1o0zfs
DOMESTIC Ills
AluCoAm 3hs64 1o1N
Am&FP5s203O 1914
AmFP4. .S0sS7 64zt
AmT&T 33ss63 115iH
AmT&T 2HssS7- 9AiE
AmT&T 2As57 113M
AmT&T294s6I 1o7A
AmT&T 2As7E e3N
AmT&T 2AsSO- o3H
AmT&T 2234sS2 92H
Am Tob 3As II, 1ooN
lI-m Tob IS 81 1ooz
Atl c L 41as 81 1o6L
B g. o 6s 95 j. e5l
B & o 5s rs B. 9ay
B & o 5s 95 G 75L
B & o 5s M 90 73k
B&sO IS 2OOOK 73L
B&O cv4h2O1O 63N
B & o As rs A 93L
B&O PIE As 80 90
B&O TC As So 90
Beth Stl :}s 70 - ooZ
Bos Me 4Ias 70 81
Buff R&P 81 st 7o3
Can No 41aS So 1o7l
Can Pac As perp 1o31
CGa 4las2O2OB 81
Cen Pac 3I2s74 100
I
CRRNJ 3Hs 81 sos
Gao gas 96 D. 9el
CMSP4 1as2Ol9 74z
CMSPcv4 643,
C&NW 41as 90. 50
Chi US 31ss ." lo1l
CinG&E 27as7S ooL
Evening star., 1952-06-02
IS 10 4O96 Of Savings
Imitation Now Invested
In Federal Securities
BY Nelson M. Shepard


The Federal Government now
holds IS to 40 per cent of the saw
ings of Americans, the National
Industrial Conference Board re-
vealed today.
The statistical picture displayed
In the boards annual chart sur
veys on How Much Govern
ment?" is one Of a rising Federal
share in the national wealth. Con-
traSted with this, the average
private citizens share has dimin-
ished. The report adds:
Government towers dramat-
ically over the market place as a
consumer of industry, as source
of livelihood for millions on its
payrolls and as a beneficient pro-
WIDER of welfare payments to the
aged. the veterans and the dis
abled."
These Government handouts
were estimated at one-sixth of
the Nations income.
Change Is Stressed.
A generation ago the savings of
individuals were put to work al
most wholly in private productive
enterprises. Now IS to 20 per
cent Of these savings are invested
in Federal securities. the statistics
show.
Here is the picture as seen by
the boards StatiSticians. The
average family owes about IS, ZOO
as its share of Federal debt, or
100 times what it owed in 1910.
With the decline in the size of the
average family, the report figures
each Americans share of the Fed
eral debt has risen about 140
times-to $1,664, instead Of $12.
Aside from this, State and local
debt has tripled per capita.
Private wealth shrank from $3,-
100 to $2,700 out of these per
capita totals, whereas physical as
sets under Government control
rose from $3.50 to nearly $500.
Then there is the problem of
taxes-estimated at 26.5 per cent
of the gross national product last
year. For nearly a decade they
have been bordering around 25
per cent, a figure which some
economists consider the practical
ceiling or peril point" of taxa
ton, the board stated.
Investment Glasses Planned.
In cooperation with the Hecht
Co., the mystery of bulls, bears,
margin. collateral" and other con-
fusing financial terms will be ex-
planned to the distaff side of the
family at a series of investment
classes this month.
Merrill Lynch, Pierce, Fenner
& Beane will conduct three of
Evening star., 1952-06-02
IOdd-Lot Declines

NEW YORK, June Q9.-The New York
Stock Exchange reported today these odd
lot transactions By principal dealers on the
exchange for May 30: Purchases Of 12S,-
/ 1927 shares on 4. .4S4 orders; sales Of 99. .5Sl
shares on 3,454 orders. including 407
shares sold short on 13 orders.
Evening star., 1952-06-02
|MetoI Quotations

NEW YORK. June 2 R.-spot non
ferrous metal prices today: Copper 24N.
ID cents . pound, New York. Zine 1914
cents . pound. East 81. Louis. Tin
SLAIN . pound, New York. At Pitts
Evening star., 1952-06-02

nOUEAy 08IG8 OU tMO 61oWo48Os
tl:oO am. 24o 600 1900 noon 40 ooo
| 400 pm sAo 600 900 p.m. 600 ooo
tUnit Of trading 10 shares. I'm bank-
ruptcy or receivership or being reorganize1
assumed b. 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. Ex dividend.
stock dividend. Cash or stock. De
slarsd Or PAD e fas g ri: .!,,. year PAYABLE
split-up. I Declared Or paid this. year. %
-ears. nd Next DAY delivery. Paid this
year, dividends omitted, deferred or no
action taken at last dividend meeting.
dividend. " Deelared. or paid In 1851. plus
stock dividend. Liouidating dividend
iternnfned declArAti,Na date
Evening star., 1952-06-02
Foreign Exchange

NEW YORK, June . P,.-Foreisn ex.
hcange rates follow (Great Britain in dol
lars. others in cents):
Canadian dollar in New York oper
market l IL per cent premium Of lO1 ,6S3l
United States cents, UNCHANGED.
up > Of cent; 3O-day futures 3.7Si:
up u OF q cent; 6O-day futures 2.7Sh
up i Of cent; 90-day futures 2.77R
up ,is Of e cent; Belgium (francl 1.9SM
unchanged; France (franc) .2Sss of
cent. UNCHANGED; Holland lguilder) o6.37
UP ..02 of a cent; Italy Qira) 1919 Of
cent, unchanged Portugal (escudol $50
changed; Switzerland tfranc) (free) 23.1O
UNCHANGED.
Evening star., 1952-06-02
N. Y. Bond Market

s TuFH.hfS Sy tss AsesS sSEHStn Pfs::
Evening star., 1952-06-02
Dividends Announced

NEW YORK, June 2 0P,. - Dividends
ANNOUNCED:
Irregular.
Evening star., 1952-06-02
Washington Exchange

Pot Elec Pwr com-8O at 1874.
Riggs Bank COM at 366, 9 at 366.
Pot Elec Pwr com--40 at 1879.
Garflnckel 4h9e pfd-100 at 1734
Terminal Ref a. Wing Corp-S at "a
Evening star., 1952-12-05

Won't belle these Holiday toshons
Picture with black idrf
jocket! right Or
from number exciting holiday fashions 5soIepr
nearly So SIS buy and still
plenty!
Lansbwo Fourth
Evening star., 1952-02-24
Expanding Demand Seen
For COLLEGE Graduates
By ihs A.sseIslsd ptsM

NEW YORK, Feb. aS.=Etus
dents were told to-day that those
who tlhlsh e6lleee and pr0fessieHa :
al edueatl0ns 10 years hence will
have their pick OF Jobs,
Prank II B6Wies, dlFeet0r OF
HE 6elleee Entrance fBfaffiIhaa 4
tleh Beard, made The BredIetl8h
pc SAID the, American eg8hBifiy
Will be- expanding rapidly NJ thHt
Elgthe beeAuae ef thh Increased
blfth rate Oh khe iB4O's ana tBAt
pefAehs trained for leAdepshiB
stlll W8Hle be seaFeei
u.Ml.tY. MI, ,ls,.y lhse,.wylss aIa Addressed 4 e,l! lAb
western secondary sehAAls al 4
galAMbla University 'FeFHR on
HRBaapRaE
Evening star., 1952-02-24
Cheese Livestock

EgHItAiR7 akfea afh6lss ssHHRfadE1 EHflbBIl
ESss I'IEsBBe!Is sgFa ssqg$vss.', WIZ
ss sbfssssIsh hTfa Is.sstHIE SsEsI fs#sSIsa sRa66si
Flis aEhDsBitRE#I' vi IOl \ lHI'NSs
seshSy sysH HeFRp Rpusasi uRsaslHt ysseteRsssss
s lssss lssssfPsRftA ftAses' SsSslsRtes l@@sssEy afM IND
ssotseaas @ tsa "a Hss sose aeRs M sHs9 HsS9
sSffFSS s$ sBaII Essa nSs nSssss sas:s hI
ppaefasb Sa 9assP-ts HslsStss sHss Hssreas sS
tlpaaes eu @asaI iRsiss eu'fRsfs
RTIlsEss %sl dlsatefid alsStsisd iosf RsRFs
T766s choice soWs, e96f pounds and less,
asaafd aoaaa vsishs a. yb bsS fOr
ths week was $50 on Monday, but that
ssn sale wa yss Sqt Of line and the practical
not siyen, Compared week ago: Receipts
snd SGnsidsrs6 srsatsT tsn tss 6s :g.rs :P!rs;
and % ysarlinss i'p predominatsdf ia Is us usual but
heifers ip Increased supply; steer market
dsyslopsd into tT99o1Tay nodd afiHir ,nnn with
to IS higher and other weights slow and
mostly 80 to 100 lower; most decline
on ma ayerage sood to svsrage shoice steers. steers
cows and bulls steady to % higher but
ers fully 90 highsr; stockers and feeders
Hnasr Tsds TO t 81 Gsst $Gsa
topDsd tsaGs Se.So: prime @ s5spound S ft year,
a4fso ssSSS ;sssFsl stesFs isscs 1T1@s bui
choice to low prime fed steers and year
iinEss s9.75-37 90; mos, choice yearlingss
SS ass &C. sS?ifs Fish sSocs e p2ms
55.7S; COMMERCIAL 70 low choice Gs steers
h stems down to s7SG; & late sales soed steers.
asS aSSC essIss RsSSIae' a5 @ Sass
tsS ns1srs .ssIs ~ Sa W. eo9d 70
Utility and commercial COWS. ?O. 1924 0O;
gamer; and cutters aTSeiy
81 90 and occasionally above; utility ana
commercial bulls, 25.50-29. 90; good me. ns
dium weight and heavy bulls, SS8.00-2S.000;
top 1000; commercial veaiers. 39.0O-37 90;
Gull and utility grades larssly 2O. OO-3l 00i
few light cqlls down tS iS.0o; good good arepnnd 5S nn.
load choice SSs-popnd .yeariing feeding
I:sasss $$sR Id @ @ISsd tS tsSSS s S9SS;D 9 S DSSnSS sasS
stoekers and feeding steers, as ,OO:3@ .bOi
load 775-pound thin Holsteins' "6'Oo' on
ssIssIs shssp, $oo @ SsssimssedlH; M H:S.;.l :CSs.sl
ffGSas:asssd fSs.pSSSd nHSdEA vS0Iss seS sISS g % az
steadyi however. cornparabls Grade los: los:
adSanesd Resa fully iS'SS 10. instances more; bus
heavy lambs eyer SS pou9Gasb sbssu s0sea T
both classes N neHilsibie supply extreme
tHGp ted ycoled lambs ssbg clqsdlns d iO,,,'S tSSH
yscsisa isHss; sISs.S siM516.ss.S I .SSs .SSs sSsSissSs ~ ~
SSSS5iP SSSSs5liPP S, s:ssES issdsIs,, Ara az nSs.Sss: Az
al.s,. .':ISl' sS' .:S:!. ISSIssSI ,I;S'ISIssssSI:, SSi
sS9sSIS s5NsstSy;b SSass,y n YitSCo!iSSS;
tBssk '9sbg down. sASlA ,isa" TSSIEsd
sRi' ',IS!i'IP IT,! iil'si'sSSSS' Tl'iIa TSlR'iIsa
Evening star., 1952-02-24
TRY the WALL
Street JOURNAL
GET.AHEAD PLAN
Sc STARTS YOU

You are living in q period Of far-reach-
ing changes. New inventions, new In.
dustries, and new ways Of doing busi.
ness ore creating opportunities for
men who want 10 got ahead.
Il will pay you to fnd out about
these things. One place 10 find out Ii In
the pages Of The Wall Street journal.
You probably think The journal Il
iust for millionaires. That 10 WRONG.
The journal ID Q wonderful cid to eel.
aired men making $1,000 10 $4,000 Q
year. Il IL valuable 10 owners Of small
businesses. Il can be Of priceless bene.
AZ TO ambitious young men who want
10 earn more money. Said one sub.
serlbeF, II read The Journal every
morning and apply its lessons 10 my
own business. | call this my 'get-ahead'
plan"
Because the reports IN The Wall
Street Journal come 10 you DAILY,
you get ths fastest possible warning Of
any new trend that may affect yeuP
business and personal income. You get
The faets In time 10 protect your Inter-
este, Or 70 selss quickly q new profit
making eppgFtunlty,
The wall Htfest Journal ID The e6lMs
plsts business DAILY. Has largest
ltaa Of writer's On business end finance,
The only business pabet sesved BY Oh
ieuf Bio press associations, II costs $40
q ysaf, but you eAil oct Q THAI Sub
GeFibtleA leF . haeRths ieF SS=Tt 10
sues On v.s. and Fesssssieha). Just
tear Out this I'd and attach cheek Tor
% aAd mail. On teli uA 10 bill yeu.
AddFessi The wall Street Journal,
a bFead Street, New feFk 1, N, II
wsassa
Evening star., 1952-02-24
Bond Activity Holds
Routine Pace In Week;
Big Offerings on Tap
by Mo AlIseIslsa pIsIs


NEW YORK Febl 20, - The
Bond market came iit@ with A minor
advance In the Falls t0daN, the
3hiy changes 6f Importance Ae6ied
In the Ai6W tW6sh6uf session. All
ef6tlps hAd u certain number OF
lossesI
Ealeb OF 1T0eleDo eeiAparea WIN
bbfNlGb6 lAAt SATURDAY
f'he market held 10 A FeutiAe
pace dlifihH the h6lldApgAh6iteAa
weehJ ihVeht9p lftereAt eehteped
eh Din events M e9tAe IN the hela
te corporate aHa pHblle herf9Wlhel
eepb6tate eHefihek on tAH heNt
Week feHaet the eentlnHRa HpaWth
81 Ehe NafleR's utility enterprises,
hlaA RFe 10 10 opened Tuesday IN
hbInnB shares gf Delaware Fewer
n Hlght Rl99 pAP cumulative pPeu
fePped sleek and A. million of Gem
tFal Hlln9ls HleetFle A. Gas liFRt
maPtgage bgnasr I'm each ease,
proceeds are eRFMRFked for new
construction,
Corporate activity during the
week was held down by the h9lir
day closing, but there was plenty
OF action on Wednesday when the
American Telephone borrowing
was announced, Total bond trad
ing was sa,ba0,000-highest since
December 7,
Foreign bonds developed some
firm spots among the Chilean,
Peruvian and japanese liens, AS
of Thursday night, the Japan 51as
were up Ia for the week at 791a,
Oriental Development Corp. 6s up
|lh at 70 and Tokyo Electric Light
6s ahead lA at 81. Japan 612s
lost 1s at 89A.
Evening star., 1952-02-24
industrial Production
Remains High Despite
Increasing Soft Spots
By kiehaFd Fiske
Al.etiSlsd pFesl bvIiAtls WFilll


NEW Y0Hk, febl sss==0Verali
Industrial production WAS hleh
this week but the s0it spots In
TIE Natlofi'A eeenefiy stuck out
line 4 sere thuHAbl
II became increasingly ABBAfetlt
defehse orders Were the lAAlil
btHk oil The NAtleh'A business
.Pfeduellgl schedules suffered
Wheh MILITARY orders WeHe eahH
eelled defehse ABeelheAtlAhk
ehahefd nv AellVepH ARtes
ktfetehedl9Ntl There inst WaaHlt !
ehHHRh flVlllAh hHAIhekR ~ tRke
VI the RlRakr
Restrictions RlRmeA,
same Businessmen said material
FfRtFletlAHs faF civilian ppAAVau
nan were At the bettam Of their
HaHhlesr
RHt there were many who
aeHbtea civilian business would
Rlek Hp TO any great extent even
" controls were relaxed,
" took a lot OF selling and some
pretty aggressive promoting TO
catch the shoppers eye, The con-
sumer was choosy and bargain
conscious, He sought his pur-
ehases IN the medium and low
priced lines,
Dun and Rradstreet reported
shoppers curtailed their buying
slightly even in the face of ag-
gressive promotions. DuringS re-
cent weeks, the report added,
retail merchants generally were
unable to match the high sales
figures Of a year earlier.
Textiles Continue Slow.
The textile goods market con-
tinued slow and there was talk of
possible curtailments at some of
the textile mills next month.
Unemployment continued at the
Nations big automobile centers.
Stocks Of new automobiles were
reported up slightly in January
In the field even in the face Of
low production at the factories.
The two most watched news de-
velopments in business and in
dustrial circles were the progress
OF truce talks in Korea and the
development Of the steel negotia-
lions.