davidaulloa/AmericanStories huggingface dataset:
Evening star., 1953-10-02
Business Briefs

Money in Circulation increased
SCI million during the week
ended Wednesday to a total of
$50, ,271 900, 900, 1884 million
above the like week a year ago.
Federal Reserve Board.
Rail Freight LOadings in the
week ended September 26 to-
tailed 819,709 cars, down O.5%o
from the previous week and
down 1870 from the like 1852
week.-Association of American
Railroads.
Heavy Construction Contracts
awarded in the week ended Mon
day totaled 1882 ,583, 900, COM
pared with $341 ,242,o0O in the
previous week and $234,277, 900
in the like week year ago.
Engineering News-Record.
Loans to Brokers and dealers
on securities held by member
banks in New York totaled
81, 1892, 900, 900 yesterday, an in
crease Of $143,000,000 from a
week ago and up $316,000,000
from the like week a year ago.
Federal Reserve Board.
Stock Transactions in Septem-
ber totaled 27,172,196 shares,
compared with "a, ,135, ,228 in Sep
tember, 1852; for nine months,
266 6,279,S4 VS.. 241, ,069,131 last
year.-New York Stock Ex-
change.
Capital Airlines in 8 months
ended August 81 earned $1,019,-
997 or $1.29 a share VS.. 570,-
tbs or 73 cents in 1852 period.
Consolidated Gas of Baltimore
in eight months ended August
81 earned $7,458,4 400 or $1.32 a
share VS.. $6,633,8 or $1.19 in
1852 period.
New York Telephone Co. in
eight months ended August 81
earned $40, 1876 VS.. $39, 9,220,8 ,855
in 1852 period.
Public Service Co. of Indiana
in IL months ended August 81
earned $11,348,40 or $3.50 a
share VS.. $9,659,297 or $2.40 a
share in 1852.
Shamrock Oil g. Gas in nine
months ended August 81 earned
81, ,149, ,683 or $3.50 a share VS..
So, 500, 1893 or $2.48 in 1852 period.
Western Massachusetts, Cos. in
IL months ended August 81
earned $2,738,584 or $3.50 a
share VS.. $2,066, ,861 or $211 in
1852.
Carrier Corp. has announced
a million-dollar order for self
contained air conditioning units
by it's distributor in the New
York area. It is said to be the
biggest deal of its kind in the
induStry'S history.
Alexander Smith, Inc, is cut
ting back production at its big
YonkerS, N. Y, carpet mill Ito
keep inventories at proper lev
els" About 600 workers will be
laid of. Slow sales are cited by
the company.
Pittsburgh Consolidation has
bought the Weirton coal mine
near Morgantown (W. Va.)
closed since June 81, for 81, ,500,-
600 from National Steel Corp.
Evening star., 1953-10-02
Foreign Exchange

NEW YORK, Oct. 2 R.-Foreien ex-
change rates follow (Great Britain jim
dollar in New York open market, 2 IS2
per cent premium or 102.03 United
states cents, of " of a cent. 2,
Europe-Great Britain (poundl.
2,S0h, of il Of a cent; Great Britain
30-day futures. .2.S0is, unchaneed;
Great Britain 6O-day futures, 2.79R,
lures. S.7eT, up i. Of a cent; Belgium
France dranc), .2Sss OF cent, un-
changed: Holland (guilder). 26.38R, up
.O1 "a of cent; Italy 0ira), .16is of
cent unchanged. Portugal (escudol, $50.
unchanged; Sweden tkronal, 1888, uH-
1884, unchanged; Denmark (kronD,
IA So, unchanged.
Latin America-Argentina Gree),
7.24, UNCHANGED; Brazil 0ree), 2.m,
unchanged; Mexico, 11,64; UNCHANGED;
Venezuela (bolivar). 30.03, .unchansee.
unchanged at
Evening star., 1953-10-02
Buyers Get Breaks
As Competition Rises
In Some Industries
BY The Associated Press

NEW YORK, Oct. Grow
ing competition in a number of
industries is giving customers
here and there some breaks.
But the squeeze between rising
production costs and the battle
to capture or hold sales has some
industries pretty well muddled
today.
Some companies are cutting
prices while their rivals are rails
ing them. Others can't make up
their minds yet what to do, as
they jockey for position now
that the trend to readjustment
is picking up speed.
Some steel users are getting a
break. Competition, which has
been breaking out like a rash in
that industry, leads some big
companies to agree to pick up
the freight tab from their mills
to distant points, rather than
lose an out-of-the-way Gus
toner.
Headed That Way.
Although other steel compa-
nies say that competition isn't
anywhere near that keen yet,
and that they aren't going along
with freight absorption, the T.
dustry majority appears headed
that way.
Premium prices on steel have
been trimmed recently. Freight
absorption isn't cutting base
prices of steel, but it means that
some makers of autos, appliances
and hundreds of other items may
be able to cut their spending for
delivered steel. In the end, con-
sumers of their products might
gain, too.
Builders are getting some
breaks, also. Some cement COM
panies recently have started pay
ing the freight to certain dis
tant areas where local competi-
ton is keenest.
Crude Oil Output Cut.
Tire buyers aren't so lucky.
Some companies are hiking
prices. They blame higher prices
of materials and labor. Other
companies aren't sure what to
do yet. Tire inventories are high,
and. while the industry says it's
confident they aren't too high,
they still hang over the market.
Car users in a few scattered
places are getting break as
gasoline price wars flare up in
an attempt to move distress gas.
These stores piled up in late
summer when the refineries mis-
judged and turned, out too much.
Now crude oil production is
being SlaShed in several States.
Ref1neries are cutting down out
put. There are a few isolated
cases of price drops in special
types of crude oil.
Evening star., 1953-10-02
Exchange More Active

September trading on the
Washington Stock Exchange
picked up slightly over a year
ago, sales of 1927 shares of
stock comparing with 1880
shares during September, 1852.
There were no bond transac-
tions.
Trading in nine months this
year, accounted for 142 1897 shares
VS.. 179,502 shares in the same
1852 period.
Potomac Electric Power COM
mon led September trading with
1886 shares, followed by Wash
ington Gas common, with 1925
shares. Next came 465 shares
of Hecht Co. common, and $50
shares of Goldenberg's.
Evening star., 1953-10-02
Sees No Depression

While predicting there will be
no business depression in 1854,
Arthur c. Babson, vice president
of BabSon's Reports of WelleS-
ley, Mass, said today business
decline is likely beginning this
fall and would continue through
the first half of next year. He
made his business forecast be-
fore a group of clients at the an
nual Babson conference in the
Statler Hotel.
Likely soft spots in the econ
omy for the next nine months,
he said, would appear in the
automobile, building, steel and
non-ferrouS metals industries.
Earl L. Smith, also a vice
president of the organization,
addressed the meeting on Bomb
proof Investments and the Stock
and Bond Outlook" Kenneth
V. Berry, business expert, direct
ed a question and discussion
period after the conference.
Evening star., 1953-10-02
New York Cotton

NEW YORK, Oct. 2 B.-SmaH hedge
selling orders found only scale-down
trade support in cotton futures during
the forenoon today. Nearby October
December and March sagged into new
tivity centered in nearer months. The
market continued to reflect active har-
veSting of the new cotton crop, bring
ing hedging into figures.
Noon prices we're UNCHANGED to IS
cents Q bale lower than the previous
close October 1855, December 32.SS
and March 1888.
Evening star., 1953-10-02

H0uFIy Sales On the Exeh1nge.
l1:0O am. 230 600 IL noon A2o 900
100 pm $50 900 900 pm. 600 600
fUnit Of trading 10 shares. 'In bank
fuptcy or receiverShip or being reorgan~
lied under the Bankruptcy Act or secur-
titles assumed by such companies. Rates
Of dividends IN the foregoing table are
annual disbursements based on the last
quarterly or Semiannual declaration.
Unless otherwise noted special or extra
dividends are not included. CID Called.
Ex dividend xr Elk rights. . Also extra
or extras. b Annual rate plus stock div
idend Declared OF paid in 1853 plus
able in stock. estimated cash value on
ex-diyidend date 9 Paid or declared so
stock dividend or splitup. Declared or
paid this year, an accumulatiye issue
with dividends in arrears; Paid this
year dividend omitted. deferred or no
action taken at last dividend meeting.
r Declared or paid in 1852. plus stock
dividend. y Liuuidating dividend. vi When
issued x-dis Redistribution. wd When
distributed.
Evening star., 1953-10-02
Chicuqo Livestock

CHICAGO. Oct Up (USDA).-Sal.
able hogs, 1000; slow, 5O.75 lower,
slow. % to mostly 80 lower; most choice
IoO-22O-pound butchers. 23.25c24;@ 90 ~;
several loads and lots choice 230-25O
pounds. early at 24.00:24;15; few choice
sows in larger lots, 400 pounds and
lighter. 22.25-23.5O; bulk 4OO-55o
pounds, 2I so; good clearance;
400: siaughter steers and heifers scarce.
STEADY; SHS odds and ends utility to good
slaughter steers. 12.O0-2O.OO; cows ana
bulls. steady to so lower; utility and
commercial cows 9:50-13;00; cannsrs %
Commercial bulls, 1O50-12 100; vealers,
steady to weak; commercial to choice
14.O0-21 90.
prime spring lambs, 1e.O0-22 .0O; top,
$3.50: Gull to low-good, 10.00-1S.00;
Gull to choice SLAUGHTER ewes. 4.OO-5.5O.
Evening star., 1953-10-02
Produce Markets

Baltimore quotations supplied BY the
United states nESe baFe;
iieieus; finch Up 100, fair quality
hsioss. fRiass sR inches aSS
S.5o-5S; Golden Delicious inches up
ss5 saa n MarYfand faes @ and Fen fennsylvsnia' BULK
per bushel, various varieties, 2.OO.@5:
Potatoes-Weak; y; 8. Is, size a, , un-
vania Katahdins, 100-pound sacks, 1 70;
50-pound sacks, 5000 cents. Del Ka-
tahdins, lO0-popnndd sacks, 1.6O; so
best, others about steady; buShel bas-
kets, Maryland and virgins 6n oGoidenS'
2.oO-26; PPeTf9 PerI9rY RS'Sants; RSa0tstions IUO-0o
Poultry-Market barely steady to weak
Offerings of most classes more .tnan o,,no am,
PIE for current needs nE Fresh ssrryo%srs ySHns
sitealt sacEsreIs to obroSsht %EHs s s BuP Of foW
cleared to dressers late Thy THURSDAY saagr, at at
mostly % and very few sales reported
Broilers or fryers-s pounds and over
Grain Market.
Wheat-Receipts, 39;6o2 bushels;
shipments, none; STOCKS, o,Oof,S4o DuSu
els. No red winter, garl1cky, spot'
domestic, 1.91h; october, 1.9lHa' NO. D.
Cor SCSor1n-Receipts. s5,931 bushels; ship,
ments, 5,72O bushels; stocks, 1,O93'oo5
bushels. .A,.n+.
Barley-Receipts, none: shipments
none; stocks, 129, 1853 bushels; ;:n,rusrts
Rye-Receipts, none; SnlpmehtS'
none; stocks, 4,S91 bushels. ,+.
Soybeans-Receipts, none; snlpmeh'S'
none; stocks, 45,7O2 bushels.
Millfeed-Receipts, none.
EEg Market Unsettled;
YESTERDAYS Qu0tatiOngD
Changed edd to / cent lower on med MEDIUMS ms
and unchanged to 2 cents doMeTI I,oSt Ut
large browns and mixed. Arrivals LisnI' nv
Demand generally fair. with most IN
terest for mediums and smalls. A rev
neeWees purchased at 81. ! lot OF OIL
nrocessed large storage brought 5oz2:
receivers: Large, minimum 6O per Ten.
A quality whites. 66-67. lew nlsner;
brown and mixed colors 65-01. lew
higher. Mediums. minimum oO pei
cent A quality whites, 56-6I; 5n D1own n
and mixed colors, 55-57: Smalls' 39-43'
Receipts: Eggs-2.0s3 cases.
Evening star., 1953-10-02

bankers and chairmen of all
credit commissions within the
ABA. 1t supervises credit poll
cies of the entire association.
Mr.. Norris is past president
of both the District Bankers As
Sociation and Washington Chap
ter, American Institute of Bank
ing. He has been with Lincoln
National more than 80 years and
was promoted from executive vice
president to president last Jan
uary,
Evening star., 1953-10-02

and an in
crease of 56.9
per cent in
the last five
years.
This was re-
ported today
by President
r o b ert E.
Buckley at the
annual stock
holders meet
ing today. He
a ! S o a n
nounced that
he aSSocia-
ILL
Evening star., 1953-10-02
National Permanent
Reports NewRecords,
Plans First Branch

Assets of National Permanent
Building Association reached q
new all-time record of 1,370,-
900 on September 80, gain Of
Is per cent from year earlier
Evening star., 1953-10-02
Norris Gets ABA Post
Richard A. Norris. president of
the Lincoln National Bank, has

Deen appoint
ed a member
of the Credit
Policy Com
mission of the
A m e ric an
Bankers Asso-
citation, Presi-
d e n t Everett
D. r e Sc of
the ABA an
nounced to-
day.
This innpor-
tant commits
S ion includes
out st anding
Evening star., 1953-10-02
MetuI Quotations

NEW YORK, Oct 2 H.-Spot non.
80 cents a pound. Connecticut Valley
Lead 1914 cents a pound, New York
Zinc 10 cents pound, East st. Louis
Tin S4K cents a pound, New York. At
Pittsburgh, scrap steel No. / heavy was
quoted at 3700-3S.00.
Evening star., 1953-10-02
Odd-Lot Declines

NEW YORK. Oct. 2 lp.--The New
York Stock Exchange reported today
dealers on the exchange for october /:
Purchases Of 101 ,531 shares on 3,675
orders; sales of S6,563 shares on S;22S
orders, including 1.34S shares sold short
on 80 orders,
Evening star., 1953-10-02
Dividends Announced

NEW YORK, Oct. . tP,. - Dividends
announced:
Final.
Pc Stk Of Pay
Rate riod. record. able.
Columbia Gas Sys SOC - 1920 lila
Stock.
Gulf Oil --- 40 - 1923 1910
Higbie Mfg - =, . go - 1918 11-2
Year End.
Loomis Sayles Nut 35c - 10-1 1927
Irregular.
Duro Test Corp 20c - 1926 H.
Loomis Sayles Nut "$1 - 10-1 1927
'Capital gain dividend payable in cash
or stock.
Extra
Cons Chem Ind A 62lac 1915 11-2
Accumulative.
Armour g. Co Or pf SO - 1919 1927
Evening star., 1953-10-02
Gasoline Sales Down

Gasoline consumption in the
District Of Columbia declined to
16,849,070 gallons in August
from 17,570,686 in the previous
month and were 1.6 per cent
behind 17,125,863 in August,
1862, tax receipts showed today.
= Consumption for eight months
this year aggregated 1874, ,861 ,429
gallons, a decrease of 1.S per
cent from 137.374,307 in the
same period last year.
Evening star., 1953-10-02
Trust Fund in Operation

The new discretionary common
trust fund of the Union Trust
Co. started operations yesterday
under the immediate supervision
of Willard McGraw, trust officer.
It was authorized by directors
last July.
1t is the fourth common trust
fund to be established in Dis
trict banks. Others are operated
by the American Security &
Trust Co., the Washington Loan
& Trust Co. and the National
Savings & Trust Co.
j. Wesley Clampitt, jr., is vice
president in charge of the trust
department at the Union Trust.
Evening star., 1953-10-02
NEW YORK STOCK EXCHANGE

FURNISHED bv the Associated Press.l
Sales
Stock and ADD Net
Dividend Rate 90 High. Low. l:16. chg
Evening star., 1953-10-02
New Store to Open

Penn-Jersey Auto Stores, Inc,
which opened a store three
months ago at 4025 Minnesota
avenue NE. has announced it
is now ready to \len another,
next Thursday, at 1911 Rhode
Island avenue NE.
Campus Chefs, Inc, division
of Industrial Food Crafts. Inc.
of Elizabeth, N. j., has opened
its newest branch at the Catholic
University under management of
Ben Blading.
John A. Logan of Washington
was reelected president of the
National Association of Food
Chains at the 10th annual meet
ing of the association in Chicago
this week,
The Phoenix Jewish news., 1953-03-27
Greenberg, Jewish
Agency Leader, Dies

ton of America. In 1884 he became
editor of the groups English mag
azine, "The Jewish Frontier" He
held both these posts until his
death. He was elected to the Jewish
Agency executive at the 22nd World
Zionist Congress in Basle, Switzer-
land, in 1916.
DIR. Greenberg, who was self
taught in both Hebrew and Russian,
Joined the Zionist movement at the
age of 15, delivered his first ad-
dress at an illegal Zionist demon
stration in Russia. While still in his
teens he moved to Odessa, then one
of the great centers of Russian
Jewry, and plunged into the Jewish
cultural and Zionist circles doml-
mated by such historic figures as
Bialik and Ussishkin.
He had long been active in the
editorial field. The outbreak of
World War l found him in Moscow
editing the Russian-Jewish weekly
"Rassweit"- t"-"The Dawn" For a
time after the March revolution of
1917 he was an instructor in med
ieval Jewish literature and Greek
drama at the University of Charkov
and was also lecturer at the Kiev
Academy. The Bolshevik revolution
and the Zionist policies of the
Soviet government led to his sew
eral arrests. In 1921 he left Russia
and moved to Berlin where he
edited "Haolam"-"The World"-
official weekly of the World Zion
ist Organization. He also edited the
Zionist monthly Authorizations
Future"
The Phoenix Jewish news., 1953-03-27

NEW YORK, O. A)-Several
thousand persons crowded into
B'nai Jeshurun Synagogue to pay
homage to DIR. Hayim Greenberg,
outstanding Zionist philosopher
and member of the Jewish Agency
executive, who died March Ia after
a prolonged illness. Hundreds of
others, who could not get into the
synagogue, filled the block outside
the building.
Greenberg was 63.
Although marked by simple rites,
the funeral was one of the largest
and most impressive in recent
years. Services were conducted by
Rabbi Robert Cords, of the Jew
ish Theological Seminary. In ac-
cordance with the last wishes of
DR.. Greenberg, no eulogies were
delivered, but Psalms 103, % and AZ
were read as were Job, chapter 28
and Isaiah chapter l. Also in ac-
cordance with his last wishes, a
song by the Russian poet Lennon
tow Am Going Alone on the
Road"-was sung in Yiddish
translation by the well-known bari
tone, Sidor Belarsky. (See Letters
to the Editor on page Sd
Ben GuriOn's Adviser
The news of DR.. Greenberg's
death shocked not only his many
friends in this country, but also
many leading personalities in Is
rael, including Prime Minister
David Ben Gurion, who frequently
sought DIR. Greenberg's advice.
Long a leader of the Labor Zion
ist movement, DR.. Greenberg was
an outstanding figure on the world
Zionist scene for more than 35
years as editor, essayist, orator and
political theoretician. He played a
major role in the United Nations
deliberations which led to the es-
tablishment of Israel, by winning
over many of the Latin-American
delegates to the Jewish cause.
AS head of the Department for
Education and Culture of the World
Zionist Organization, DR.. Green
berg directed efforts to forge
strong cultural ties between Israel
and Jews all over the world, par
ticularly those in the United States
and Latin American countries. Dur
ing the past year alone his depart
ment organized and conducted spe-
cial seminars and lecture courses
in six countries, including Israel
and the United States, which were
attended by more than 500 teachers
of Hebrew, students and student
teachers from all parts of the
world.
Elected in 1916
Born in 1889 in the village of
Todoristi, Bessarabia, DIR. Green
berg came to the United States in
1924 and became editor of the
"Yiddisher Kempfer"-"The Jew
ish Fighter -Yiddish language or
gan of the Labor Zionist Organiza-
The Phoenix Jewish news., 1953-03-27
Revise the McCarran Act?

WASHINGTON, (JTA)-Chair-
man William LANCER of the Senate
judiciary committee said last week
that he had received no White
House request to consider amend
ments to the McCarran-W Walter i'm
migration act.
Senate Majority Leader Robert
A. Taft declared that the judiciary
committee was ready at any time
to consider changing the act, but
he pointed out that there has been
The Phoenix Jewish news., 1953-03-27

against all odds Tescuing 10000 Jews
from doom IN few, fUriOUsly paced
years. That is the Israel you have helped
build through the United Jewish Appeal.
And now, more than ever, your help
is needed. For in the midst Of its struggle
to house its homeless thousands = to
strengthen its burdened economy-Israel
must brace itself for whatever fresh re-
sponsibiltieS tomorrow may bring.
Yes, the oppressed, the prosecuted,
the fearful dare to live in hope because OF
Israel :. and because of YOU Can you
deny them that life-Sustaining hopper
Then give generously through your
community campaign. But give swiftly
because the nightmare is closing in on
them Give nOsO.
The Phoenix Jewish news., 1953-03-27

no discussion of proposed changes
at White House conference of leg
islative leaders with President Els
enhower.
The White House denied press re-
ports that President Eisenhower
had instructed Secretary of State
John Foster Dulles to talk with con-
gressional leaders about the possi-
bility of amending the Act.
No Recollection
Presidential Press Seer tary
The Phoenix Jewish news., 1953-03-27

He hasn't forgotten the nightmare OF
1888. Today's threatening headlines
won't let him forget.
He thinks, r,otU toe must toe In fear
again and an old anguish twists inside
him.
Is there never to be an end to Il?
The whispered rumors the hate cam
paign /. &. the mounting tensions :. And
finally, the midnight pounding of secret
police at the door i. Will this recmrent
agony never be done with?
:. And then he thinks of Israeli
AS long as a strong and growing
Israel exists hope exists for those who
live in the shadow of fear Their eyes are
turned on that embattled and magnificent
young democracy = pitting its courage
The Phoenix Jewish news., 1953-03-27
Mcmm Act?
Maybe Yes; Then Again Maybe No

The report to which the White
House took exception said that
President Eisenhower told Secre-
tary Dulles to take the matter up
with Sen. Alexander Wiley, chair
man of the Senate foreign relations
committee. Sen. Wiley said that he
had no recollection of Dulles speak
ing to him about the act.
The Phoenix Jewish news., 1953-03-27

James Hagerty said: 81 have talked
to the President and Mr.. Dulles
about the matter and neither one
of them remembers any such con-
versation." Hagerty noted that the
President, in his State of the Union
address, went on record in a gen.
eral way in favor of legislative ac-
tion to revise the controversial law.
Evening star., 1953-10-11
Bridge Players

The Old Dominion cham
pionship series, held at Rich
mond, Va, was last week ends
highlight for Washington
tournament fans. Mrs. Freda
Bentley and Lew Levenson
outshown the large Washing
ton contingent, winning the
open pair event and taking
runner-up honors in the mixed
pair contest. They also claimed
a session second in the team
of-four match.
Gary Arkoian also made a
fine showing, finishing second
over all in the team contest
and fourth in the open event.
His partner in both games was
John Chappell of Richmond.
They teamed on Sunday with
Mrs. c. H. Moffet and William
Rainier Of Richmond, repeat
winners Of the mixed contest.
Arkoian's foursome finished
one-half board behind the
Norfolk teal m of Herbert Gerst.
Mrs. Stella Landauer, DR.. E.
S. Berlin and Norman Berlin.
The winners chalked up
3112 wins in 81 deals. Tied
for third in the team game
were District of Columbia
Players Kathleen McNutt,
Gene Metz, Mrs. Margaret L.
Fisher, Larry Reynolds; and
Kitten Rockwell, Mr.. and Mrs.
w. D. Synder of Warrenton,
James Tapley, winning 80
matches. Mrs. E. P. Cotter,
Richard Freeman, Mr.. and
Mrs. John C. Kunkel led in
the matinee session among
the 18 teams competing for
the title.
Other Washingtonians who
boosted their master point
totals in the three-day meet
were David Wilder, paired with
K. Rockwell, third over all
in the open game; Mr.. and
Mrs. Kunkel, sixth in the
same event; DR.. A. j. Stein
berg-Vic D. Zeve. first, and
Douglas GroveS-E. B. Stein
niger, second, in the special
pair game Saturday night.
Washington Bridge League
A record 102 pairs Wed
for master points Wednesday
at the Washington Bridge
League. Section A winners