davidaulloa/AmericanStories huggingface dataset:
Evening star., 1953-10-25
Top-Grade Corporate
And Treasury Bonds
Find Flood Of Buyers
By Arthur Merims
Associated Press Financial Writer

NEW YORK, Oct. 24.-Rising
bond prices this week, with con-
sequent declining interest rates,
reflected a bountiful money sup
ply and a growing scarcity of
profitable investments.
With demand for commercial
loans slackening somewhat and
new bond and stock financing
not up to seasonal expectations,
institutional investors (banks,
insurance companies, pension
funds) were forced to buy exist
ing securities in order to put
their ever-increasing deposits to
work.
Credit Expansion Ready.
Adding to the strain was the
knowledge that the Federal Re-
serve System stood ready to in
crease the supply of loanable
funds in the Nations banks to
meet any reasonable expansion
of credit.
The result was strong demand
for Government obligations of
all maturities. High-grade cor
porate bonds, especially utilities
and railroads, found a stream
of buyers. And even the more
speculative issues progressed.
The Treasury's 30-year 3As
climbed "a of a point to. a record
1037s bid. At this quotation, the
new issue yields only 3.O1 per
cent interest. Victory 21as of
1967-72 rose about a half a point
at 9512 bid. And the 23sS of
1858 were up " at 100 1/16 bid.
Short Term Rate Down.
The Governments borrowing
cost on it's shortest term secur-
ity (91-day bills) dropped to
1927 per cent, lowest since De-
cember, 1850. The major finance
companies reduced for the Sec
ond time in three weeks the in
terest rate they pay for money
they borrow for short periods
to 21s from 21a per cent.
Foreign dollar bonds were gen.
orally firm. Japanese liens were
mixed. but Japan 51as rose 21a
points at 1871,
Evening star., 1953-10-25
New York Cotton

NEW YORK, Oct. "a OP.-The cotton
futures market plodded a narrow course
this week in uneventful dealings.
-, active futures contracts traded on
the New York Cotton Exchange finished
out the week 40 cents a bale higher
to 40 cents bale lower than at the
close OF the previous week. Nearby de-
liverIeS gained ground while the more
distant contracts drifted lower.
mill price fixing, short covering and
the Government loan. 1t was apparent
a tight supply situation would be likely
TO result If cotton continued to be i'm
pounded in volume
,Bearish influences included hedge
selling. profit taking, slow mill demand
ana continued poor export business.
Likewise tending to weaken the price
structure were expectations that Con-
gress MAJ may increase. next years crop acre.
the Governments November crop fore
caSS would show a further. increase in
prospective harvest Yields this year.
=, The commerce Department reported
that 100000 bales were entered in the
Government loan during the week ended
October 16, bringing the total this sea-
son 30 an all-time high of 1881 900.
Trade sources expressed belief loan en-
tries for the current season may go as
high as ~ million bales The existing
record~5. 100000 bales-was made in
Exports for the week ended Tuesday
came to $4,000 bales VS.. 81, 900 in the
same week of 1859. This brought the
seasons total to 800, ,O00 bales as COM
pared to .547, 200 bales year ago-a
decline of 27 per cent.
Evening star., 1953-10-25
Business Briefs

Motor Vehicle Output last week
totaled 123,331 cars and 18,480
trucks compared with 122,325
and 23,272 in the previous week
and 106,712 and 29,217 in the
like week a year ago.-Ward's
Automotive Reports.
Proctor g. Gamble Co. in 3
months ended September 80
earned $14,245,795 or SLAB a
share VS.. $12,637,208 or $1.31 in
1852 period.
West Point Mfg. Co. in year
ended August 20 earned $685.
618 VS.. $6,683.348 in 1852.
Eastern Gas & Fuel Assoc. in
IL months ended September 80
earned $4,119,791 or $1.16 a
share VS.. $8,216,598 or $2.75 in
1852.
Atlantic City Electric in IL
months ended September 80
earned $3,121 500 or $1.98 a share
VS.. $2,707, ,298 or SITS in 1852.
SOlvay American Corp. in 6
months ended September 80
earned $1,259,007 or $3O.73 on
the preferred VS.. $1,219,057 or
$19.58 in 1852 period.
Continental Steel Corp. in IL
months ended September 80
earned $1,710.211 or $3.41 a share
VS.. $1,138,057 or $2.27 in 1852.
Baltimore Transit Co. in 9
months ended September 80
earned $956,243 VS.. a loss $685.
207 in 1852 period.
Best Foods, Inc, in 3 months
ended September 30 earned
$3.50, ,648 or SO cents a share VS..
$1,093,38 or 73 cents in 1852
period.
Other earnings included:
Evening star., 1953-10-25
HOW WALL STREET journal
READERS GET MORE
OUT OF LIFE

how to interpret business and
government trends q little better
than they do. They wonder where
get my inside dope"
This story Is typical. Because the
reports in The Wall Street Journal
come TO you daily, you get quick
warning Of any new trend that may
affect your income. You get the
facts In time to protect your inter-
ests or seize q profit. The Journal
is . wonderful aid to salarisd men
making $1,000 to $50, 900 q year.
It is valuable TO owners Of small
business concerns. It can be Of
priceless benefit to ambitious young
men.
The Wall Street Journal IL the
complete business DAILY. Has
largest staff Of writers on business
and finance. The onlybusiness paper
served by all four big press associa-
tions. 1t costs $40 a year, but you
can get q Trial Subscription for
three months for So (in US. and
PossessionS). Just tear out this ad
and attach check for SO and mail.
Or tell - 10 bill you. VS. 1928
Broad D., New YOsk I II. Z.
Evening star., 1953-10-25
BY a Subscriber

Since / started reading The Wall
Street Journal, my income has In
creased from $4,000 to $4,000 a
year.
But that is only part Of the story.
The Journal not only tells me how
to earn more monsy-it also tells
me how to get more value for the
money / spend.
For example, an automotive
article in The Journal helped me
trade in my old car at the right
time. An article on building sup.
plies gave me ideas on remodeling
my home and showed me how to
save $700.
Articles on food and clothing
point out the things to stock up
on in order to save money. Articles
on taxes guide me on what to do
to keep my taxes down.
The Journal also gives me q bet
ter understanding Of what IL going
on In the world. In conversation
with other men I find that I know
Address, The Wan d. Journal,
Evening star., 1953-10-25
Business indicators
Point 10 Moderate
Drop in Key Lines
BY Walter Breede, Jr.
Associated Press Business Writer

NEW YORK, Oct. 24.-Busi-
nessmen were told this week to
expect at least another year of
Federal budget deficits and high
taxes.
The warning came as business
indicators pointed to a moderate
showdown in some key lines of
commerce and production.
Scheduled steel operations were
down 112 percentage points
from the previous weeks actual
operating rate, truck output
dipped 20 per cent, retail trade
declined slightly. crude oil pro-
duction was at its lowest point
since May.
: Bank Loans Lag.
The normal seasonal expansion
in bank loans to business con-
tinued to lag behind the 1852
rate; check clearings were up
a little from the previous week
but below year-ago levels. Stock
and commodity markets were
mostly steady.
The tax and budget outlook
was set forth in a statement by
Treasury Secretary Humphrey.
Caterpillar Tractor Co., which
recently trimmed its working
force, announced plans for
further layoffs that will affect
1000. The artillery shell division
Of the st. Louis Ordnance plant
said it is sending home 1,100
to 2,500 workers November l due
to a stretchout in defense pro-
duction planning.
Factory Jobs Drop.
The Bureau Of Labor Statis-
tics reported that total factory
employment dropped by $4,000
last month. This was in marked
contrast with previous years,
when it was the usual thing for
September to show a gain Of
about 100000.
There was no letup this week
in the flood OF thlrd-quarter
earnings reports, and most of
them continued to make pleasant
reading.
There was considerable view
ing with alarm in another corner
of the economy, however. Faced
with rising operating costs and
shrinking markets, independent
oil producers and metal mining
interests called for curbs on low
cost imports.
Evening star., 1953-10-25
Commodity Prices

NEW YORK Oct. "a iP,.-The Asso-
ciated Press index of important commod-
itles held UNCHANGED at III. .65 this week
A year ago the figure was 1S0.45.
The textile component touched a new
low for the wear. Also lower were live
stock and grains and cotton. Advances
we're scored bv industrials. food and
non-ferrouS metals.
Evening star., 1953-10-25
American Summary

FURNISHED By the Associated Press.D
A list Of most active stocks on the
American Stock Exchange, showing the
high. low and closing prices for the week
and the net change from the previous
weeks close.
Evening star., 1953-10-25
Bond Summary

FURNISHED By the Associated PresA)
A list Of most active bonds ON the
New York Stock Exchange, showing the
nigh. low and closing prices for the week
and the net change from the previous
weeks close.
Evening star., 1953-10-25

EASE DRIVING STRAIN WITH
NEW MECHANICAL CUSHION
Does long-distance driving leave
you tired, stiff, tense? Haunted by
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Here's q new invention to help you
ease monotony, tension and back
aches. It's the Niagara CARSSAGE
an auto cushion witb bKilt-in
massage mechanism. Stimulating
action eases cramped muscles,
helps you keep alert and refreshed.
It's a perfect gift for the travelling
man.
Plugs In lighter Of car or truck.
s or IL volts. Produced by the
worlds largest manufacturer Of
professional massage equipment.
Write Niagara, Dept. Ali.
72O I4th st. NV.
wash. B, d. C., RE. 5-6SOO
Evening star., 1953-10-25
ADVERTISEMENT.
The truth About
Mutual Funds!

FORBES reveals for first time just how
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DON'T buy Mutual Funds for income till
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To acquaint you with FORBES MAGAZINE
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Send no money now. pay later when
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Where Is business best? How are trade
winds blowing? See "The Economy"
FORBES sensitive business barometer.
Evening star., 1953-10-25
D. G. Securities Transactions
PhiIode!phiu- Baltimore Stock Exchunae
(Repurt y officiaIsJ

sovns FRIDAY oSf6BEk as M [s 100" " :
Evening star., 1953-10-25

Rates Of dividends in the FOREGOING
table are annual disbursements based on
tion Unless otherwise noted special or
extra dividends are not included
E8 dividend xr Ex rights KIDS Ex.
distribution wi When issued wd When
distributed cid Called pt pd Part paid
ur Under rule war warrants WV With
warrants XIV without warrants Also
extra or extras. b Annual rate plus stock
plus stock dividend Paid last year
PAYABLE in stock, estimated cash value
on ex-dividend date Declared or paid
stock dividend or splitup Declared or
paid this year. an accumulative issue
with dividends IN arrears Paid this
action taken Of last dividend meeting.
Declared or paid In 1852 plus stock
dividend. , yLouid6ting dividend
Evening star., 1953-10-25
MutuuI Funds

NEW YORK. Oct "a .LP.-National
Association of Securities Dealers, Inc:
Evening star., 1953-10-25
Over-the-C Counter Market

'Plus extra or extras tPaid so far this year.
Evening star., 1953-10-25
Dividends Announced

NEW YORK. Oct. "a R.-Dividend
Evening star., 1953-10-25
New York Bank Stocks

NEW YORK, Oct. "a CR.-National
Association of Securities Dealers. Inc:
Rid ASKED
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1953-04-02

sale of a parcel of land in Mont
gomery County, Maryland, being
the East one-half by the full depth
of Lot Numbered Sixteen (16), in
Block Numbered Twelve (12), in
a subdivision of land called "KEN-
SINGTCN PARK" as the same is
described upon plat recorded
among the Land Records of said
County in Plat Book B, Plat A;
to Harold V. Stirling, Jr., for the
sum of One Thousand Dollars
Isl ,00000), will be submitted to
the Court for ratification ON or
after the 18th day of May in the
year nineteen hundred and fifty
three, unless cause to the contrary
be shown on or before the 18th
day of May in the year nineteen
hundred and ffty-three; provided
a copy of this Order be published
in some newspaper published in
said County once a week for three
successive weeks, before the 25th
day of April in the year nineteen
hundred and fifty-three.
CHARLES w. WOODWARD,
Judge Of the Circuit Court
True Copy-Test:
Clayton X. Watkins, Clerk 16S
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1953-04-02

by decree Of the Circuit Court
for Montgomery County, Mary
land, dated August 10, 1913, the
Defendant was granted a divorce
vinculo matrimonii from Joe
Clennon Rogers, and under said
decree the Defendant was award
ed the custody and guardianship
Of the said minor children; that
thereafter on August 81, 1913, the
Defendant was lawfully married to
James Harry Bailey, in Silver
Spring, Maryland, and that there
were no children born as a result
Of this marriage; that on or about
November 26, 1851, the Defendant
did abandon and desert said chill
dren and has not returned or corr
municated with, or supported sad
children, or contacted the Plail-
tiffs since that date; that since
November &c, 1851, the Plaintiffs
have raised and cared for said
minor children in their home and
have, paid for the entire support,
maintenance and education of said
children; that the Plaintiffs are
financially able to support said
minor children and desire that the
custody and guardianship of said
children be granted to them.
1t is thereupon, this seth day of
March, 1858, by the Circuit Court
for Montgomery County, Mary
land, Sitting as Court of Equity,
ORDERED, that the Plaintiffs by
causing a copy of this Order to
be inserted in some newspaper,
printed and published in Montgom-
cry County, once in each of four
successive weeks before the 4th
day Of May, 1858, giving notice
to the said absent Defendant of
the object and substance of this
Petition, warning her to be and
appear III this Court in person or
by solicitor on or before the 22nd
day of May, 1858, to show cause,
if any she may have, why a de-
cree ought not to be passed herein
as prayed.
CLAYTON X. WATKINS,
Clerk of the Circuit Court
for Montgomery County,
Maryland
True Copy-Test:
Clayton K. Watkins, Clerk 1877
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1953-04-02
Trustees Sale
OF HOUSE AND LOT IN
ROCKVILLE. MD.

By virtue of the power and au-
thority contained in decree of
the Circuit Court for Montgomery
County, sitting as a Court of
Equity, dated March "a, 1858,
passed in a cause wherein James
Oliver Gartner, ct al, are plain
tiffs, and William f. Gartner, ct
al, are defendants, the same being
No. 1878 Equity, the undersigned,
as trustee therein named, will, on
SATURDAY, APRIL 25, 1853
AT l1:00 O'CLOCK AM.
in front of the dwelling house on
the land hereinafter described, of
fer for sale at public auction all
of the land decreed to be sold, to
wit: all of lot 6, in Block 1, in
the subdivision known as "Janeta",
being the same land described in
a deed from Willie Grafton Hol-
land to the late William II. Cart
ner, dated February "a, 1884, re-
corded among the Land Records
of said County in liber 564, folio
274.
Said land is improved by an old
8-room dwelling house, garage and
hen house, all in a poor state of
repair. Electricity, gas, water and
sewer are available. Said lot fronts
approximately 95 feet on Grandin
Avenue and approximately 1874
feet on Josephs Street, and might
be subdivided into two or three
lots.
TERMS OF SALE: one-third
cash upon ratification of sale by
the Court, one-third in one year
and one-third in two years from
date of sale. The deferred pur-
chase money to be secured to the
satisfaction of the trustee and to
bear interest from date of sale, or
all cash, at the option of the pur-
chaser. A deposit of $500 will be
required when the property is
knocked down. All costs of con-
veyancing, including State and
Federal revenue stamps to be paid
by the purchaser. State, County
and Town taxes are to be adjusted
to date of sale.
WILLIAM V. BOUIC,
Trustee
Rockville, Md. 1874
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1953-04-02
Equity No. 16,500
Order of Publication

The object of this proceeding is
to secure the foreclosure of all
rights of redemption on a parcel
OF land described as Lot 8, Block
60, b. F. Gilbert's Subdivision of
T&koma Park, and described in
Deed recorded among the Land
Records of Montgomery County, in
L!oer 1913 at Folio 27S, located
IN the 18th Election District, sold
by The Collector of Taxes for the
C~unty Of Montgomery and the
Sta,e of Maryland, to predeces-
aors in title of the Plaintiffs in
this proceeding and now held by
said Plaintiff.
Tie Bill states, among other
things, that the amounts neces-
sfry for redemption have not been
paid, although more than year
ard day from the date of sale
has expired.
1t is thereupon this 9th day
of March, 1858, by the Circuit
Court for Montgomery County,
Maryland, ORDERED, that notice
be given by the insertion of copy
of this Order in some newspaper
having d general circulation in
Montgomery County, once a week
for four successive weeks, before
the 4th day of May, 1858, warn
ing Louisa Richmond and all per-
sons interested in the said prop
erty to be and appear in this Court
by the goth day of May, 1858, and
redeem the property described
above, and answer the Bill, or
thereafter a Final Decree will be
rendered foreclosing all rights of
redemption in the property, and
vesting in the Plaintiffs, a title,
free and clear of all encumbrances.
CLAYTON X: WATKINS,
Clerk
True Copy-Test:
Clayton X. Watkins, Clerk 1863
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1953-04-02

Observation-Disclosures UllL7
luncheon at one. followed by a
book review by the Rev. A. Odell
Osteen.
Twelve new members were re-
ceived into the Damascus Metho-
dist Church Sunday by prepare
tory membership and eight were
received by transfer and profess
sion of faith.
The Damascus fire department
participated in the civil defense
drill at Ashton, A run was made
to Baltimore to see the length of
time required to reach there if
an emergency demanded. Time 20
minutes.
Mr.. and Mrs. Herbert S. Hyatt
will entertain at dinner Saturday
for members of the Hyatt family
and Mr.. and Mrs. Jerry Williams
in honor of the birthdays of Her.
bert S. Hyatt, Roland Green and
Jerry Williams.
Mr.. and Mrs. Emerson Slacum
and family will spend the Easter
holidays with Mrs. Slacum's par
ents, Mr.. and Mrs. N. C. Bailey
of Orange, Va.
DR.. Earl T. Hawkins of Towson
State Teachers College was the
guest speaker at the Damascus
P.T.A. Wednesday, April l.
Gregory Senseney celebrated his
fifth birthday with a party for the
young fry, Sunday afternoon.
Guests were Bruce Woodfield, Mi
chael Murray, Billy Matthews,
Gregory Pearce, Judy Wordsworth,
Wendy Beall, Sandra Poole and 10
Ann Warfield.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1953-04-02

All persons having Claims against the
deceased are hereby warned to exhibit
the same, with vouchers thereof legally
authenticated to the subscriber on or
before the Ird day of October next ::
they may otherwise by law be excluded
from all benefit of said Estate All
persons indebted 10 said Estate are re-
questcd To make immediate payment.
Given under my hand this 4th day
of March In The year Of our Lord. one
thousand nine hundred and fifty three
ELIZABETH NJ, COX
ENpcutrix
Si5 18th Street. NV.
Washington, u. &. III
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1953-04-02

NOTICE TO CREDITORS

NOTICE is HEREBY GIVEN. that
the Subscriber of Montgomery County,
has obtained from the Orphans Court
of Montgomery County, in Maryland.
Letters Tcstamcntary on the personal
Estate of
FLORA b. CARPENTER
late of Montgomery County, deceased
All persons having Claims against the
deceased are hereby warned to exhibit
the same, with vouchers thereof legally
authenticated to the subscriber ON or
before the 3rd day of October next !:
they may otherwise by law be excluded
from all benefit of said Estate All
persons indebted to said Estate are re-
uurstcd to make immediate payment
Given under my hand this LIST day
of April in tile year of our Lord. one
thousand nine hundred and fifty-thrce.
ARTHUR u. CARPENTER
Executor
40 Dryden Street
Silver Spring, Md 215
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1953-04-02

derwater turbine pump to the
Mayor and Council, Rockville,
Maryland to the specifications as
on file in the office of said Mayor
and Council, ITO Commerce Lane,
Rockville, Maryland.
The Mayor and Council reserve
the right to reject any or all bids.
Inc Mayor and Council
BY SAKA A. MORTIMER,
Clerk PIP