davidaulloa/AmericanStories huggingface dataset:
Evening star., 1953-12-06
Business Briefs

QnNTG

BituminOus Production in the
week ended November % totaled
100000 tons compared with g.
$50, 900 in the previous week and
9,071 900 in the like week a year
ago.-National Coal Association.
Motor Vehicle Production last
week totaled 97,147 cars and
21,018 trucks compared with
52,277 and 16,947 in the previous
week and 1896 and 28,426 in
the like week year ago.-Ward's
Automotive Reports.
Wholesalers over the Nation
sold $9.7 billion worth of goods
in October, up go from Septem-
ber on a seaSonally adjusted basis,
but $700 million below October
a year ago.-Commerce Depart
ment.
World Crude Oil Production in
September averaged 100000
barrels daily, down $1,000 daily
from the previous month.-Oil &
Gas Journal.
General Tire e. Rubber Co.
stockholders, at a special meet
ing, authorized their board to
amend the charter to permit
issuance of $35 million worth of
a new class of preferred stock.
MathieSon Chemical Corp. an
nounced it has received enough
tenders to acquire 500 of the
capital stock of Reaction Mo-
tors, Inc. 1t expects to complete
the purchase by January Is at
SIG share.
M. LOwenstein & Sons an
nounced Archie o. Joslin will
resign January l as president
and will be succeeded by Donald
B. Tansill, executive vice presi-
dent.
Central Of Georgia Railway in
10 months ended October 81
earned $2,375.158 VS.. $1,637, ,697
in 1852 period.
Ell PasO Electric Co. in IL
months ended October 81 earned
1871 ,987 or $2.10 a share VS..
81 ,556,352 or $1.95 in 1852.
Cunningham Drug Stores, Inc,
in year ended September 80
earned $1.523,099 or $500 a
share VS.. $1.534,151 or $4.02 in
1852.
Indiana Gas e. Water in II
months ended October 81 earned
81. .423,835 or $1.96 a share VS..
$1,266,812 or $174 in 1852.
Plymouth COrdage Co. in year
ended September 80 earned
81 ,335,921 VS.. $1,666,174 in 1852.
Packard Bell Co. in year ended
September 80 earned $1,139.642
or $1.65 a share VS.. $968,051 or
$1.04 in 1852.
Tanner Manufacturing Co. in
10 months ended October 81
earned $1.181 ,604 or $1.10 a
share VS.. $1,286,7 ,764 or $1.19 in
1852 period.
Dryden Paper Co., Ltd. in year
ended September 80 earned
$817,887 or $3.50 a share VS..
$1,098.285 or $3.50 in 1852.
Gulf Oil Corp. announced the
retirement on December 81 of
two vice presidents: Paul D.
Foote and E. A. Eckhardt.
Both formerly we're with the
Bureau of Standards here.
Evening star., 1953-12-06
Chicago Livestock

CHICAGO, Dec. 5 R.--Hogs closed
to the highest December level in six
years on Thursday; Prices broke sharply
as the week ended.
The Agriculture Department said:
THE weekend decline was attributable
almost entirely to an adjustment to the
recent series of advances which had
raised hog prices approximately 81 over
In the cattle section salab1e supplies
were about 10 per cent larger than last
Fed steers and yearlings predominated.
Despite the increased run, final prices
on steers and yearlings were steady to
30 cents higher. Cows bulls and vealers
tUsDAlGsalable hogs, 400; total,
barrows, and gifts steady to so lower;
pounds; 1 soWs steady to IS higher; at
the. weekend the top stood at 1890,
paid & BY order der o69y buyers for few Loads S5i
choice 180-230-pound barrows and gifts
closed at 2325-23.S5 with some closing
sales butchers in this weight bracket
pound weights closed at S22.75-@3.25
With few, lots scaling upwards to 800
pounds as low as $3.50. Most sows seal
soid late at hs feW eTsec choits 3ts
lighter weights to 2l.25.
Salable cattle 100 (estimatedl; total
steers and yearlings steady to fully 50
higher; choice and prime heiferS fully
50-l.00 higher. other. grades steady to
80 higher; cows. bulls and vealers all
little changed, bulk high choice and
prime fed steers 2600-29.25: modest
supplies average prime to high prime
steers 90 .50-31 so, few loads prime
1.45Q-1 go pound heavies 27.25-29. 90.
weeks bulk choice steers and yearlings
23.50o-36.35. good to low. choice grades
14.00-1S.00; prime 1.144 pound mixed
prime heifers 22.0O-25.75. bulk choice
grades 22. 2.50-24 80. good to low choice
16.50-21 so: utility and commercial
grades largely 11.00-15,5O; load COM
COWS 1850, scattered head as high as
cows 1900 with most utility and COM
mercial grades 10.00-12. 80. Gamers and
cutters S.00-10.25, largely 225-975:
utility and commercial bulls 15O-
1900 extreme late top 1850 good heavy
and medium weight fat bulls 1000
1870, very few above 11.50; few prime
vealers 24.00 most commercial to choice
16.OO-23.O0. Gull and utility 6.00-1 90,
salable sheep 100 (estimated); total
and choice lambs 17.0O-19.O0. with
choice and prime 19.OO-19.75. verv
few. 5000. Throughout much OF the
week utility to low good lambs realized
13.O0-17.00. Lambs carrying No. | and
fall Shorn .pelts 17.75-19.25 for mostly
choice, grades. Early in. the week good
and choice 100 pound fall shorn year.
iings I'M 81 brousht 1902 Most c1li to choice
TALLY finished SO-pound lambs sold on
feeder account at Is 90,
Evening star., 1953-12-06
Chicago Grain

CHICAGO. Dec. 5 R.-wheat and
eats oats advanced on the Board of Trade
this swsek while soybeans: favorites, for
t tSke many SscE weeks. ssst more or less had to
Soybeans didn't decline. They went
t5str up for the 11th consecutive week: But
previous Weefs RScept Exc %aioa tor the inoSf 1854
crop September delivery.
Buying entered wheat on the belief
some some OF the red wheat which has been
on the market for many months. was
going. to be moved out There wasn't
any, f1rm opinion on where it was going
to be moved to. but that didn't faze
For the week wheat ended c7s-4n
higher, rye rye ? to Sna higher a's soy5eans beans
- cents lower 'S to Sly nEHe aha handred daed
Probably the most conspicuous move
OF the week was furry of buying in
with the approach Of the closing Of
navigation on the Great Lakes oats
were attracting some speculative buvinq
weeks on Thursday. setting new seasonal
highs IN some contracts, although giving
up part of those gains on Friday.
IN October the Agriculture Department
s5s1 the sbtSt tSta supply So1 of Oas
about 1eo million bushels Gn Smaller eeHHagi than
IN a 1929. 1523 The 1853 crop Of / .205:-
100000 bushels was SO million bushels
The DEPARTMENT added. ."The carry
over OF oats at the end Of the current
m1Ssrketins r1Srts year is expected to be CON
bushels bush carried over last july J." The
million bushel carrvover.
Range OF prices for the week:
Evening star., 1953-12-06
Federal Bonds Climb
.BriskIy During Week
AS Corporates Drift
By Arthur Merims
Associoted Press Financial Writer

NEW YORK. Dec. 5.-Govern-
ment bonds climbed briskly this
week while the corporate bond
market drifted aimlesSly.
Securities dealers found few
holders of Federal obligations in
a selling mood. Not many in
stitutions or individuals want to
take profits before 1854, expect
ing lower taxes then, dealers
say. Hence, demand overshad-
owed supply.
The Treasu1y's recently issued
224s of 1861 advanced 1882 of
a point throughout the week to
close at 101 1882 bid, record
high. The 30-year 3As rose
20/32 at 104 1892 bid, also a
peak. Victory Loan 21as of 1867
1872 rose 1882 at 95 1882 bid
and the 212s of 1858 were up
1892 at 100 2O/32 bid.
The corporate market was an
other matter. Though volume
held about SO million par value
each session, there was no dis
cernible trading pattern. Utili-
ties Softened one day, gained the
next. Railroads and industrials
also changed hands Selectively
with little net change over the
week.
For example. Peoples Gas 35ss
fell three points to 100 on Mon
day. But by Friday the issue
had recovered to 102. On Tues
day Wabash 3Hs climbed IA
at 9414, but by Friday the bonds
had retraced to 921a.
Foreign liens were generally
steady though Brazil's dollar
bonds mixed large gains with
similar losses. Japanese bonds
slipped nominally.
Financial circles are somewhat
concerned about the downturn
IN borrowing. Much as many
have decried the accumulation of
debt in our economy, the belief
that the Nations prosperity is
based substantially on financing
current needs with future earn
ings is generally accepted.
Evening star., 1953-12-06
Auto Output Picks Up
AsBusinessmenCI CIinu
ToCautious Optimism
By Walter Breede, Jr.
Associated Press BusinesS Writer

NEW YORK, Dec. 5.-Auto
production began to snap back
this week from it's recent change
over and inventory doldrums.
The big three Of the industry
f1exed their muscles for the COM
petitive free-for- they expect
in 1854.
In business circles, the domi-
nant attitude on "a prospects
was one of cautious optimism.
While forecasters were hesi-
tant about demonstrating be-
yond the middle of the year,
most agreed that business ac-
tivity in the first half would be
close to record levels.
For the week just concluded,
the most important indicators
showed divergent trends.
Steel production was scheduled
at 86.8 per cent Of capacity.
That's the same as the actual
operating rate the week before
when output fell to its lowest
level since August. 1852.
There were gains. however, in
heavy construction contract
awards, check clearings and re-
tail trade. With shoppers CASH
ing Christmas club checks and
drawing on savings accounts,
volume of money in circulation
scared to an all-time nigh.
For merchants, the period i'm
mediately ahead is the big pay
off. One fourth of their annual
business is done in the Christ
mas shopping season.
Retail sales in different parts
Of the country in the first full
week after Thanksgiving Day
ranged from l to 5 per cent
ahead of last year. Dun & Brad
street said. Sales Management
magazine predicted Christmas
shopping will raise December
volume to an all-time high OF
more than SIT billion-a shade
over the record total Of De-
cember, 1852.
Evening star., 1953-12-06
Mutual Funds

NEW YORK. Dec. LR-National
Association Of Securities Dealers. Inc:
Evening star., 1953-12-06
1854
WA r Ming
From The
WALL STREET JOURNAL

Prices, Taxes, Consumer Buying.
Government Spending, Inven-
tories. Financing, Production
Trends, Commodities, Securities.
Marketing and New Legislation.
The Wall Street Journal is
the complete business DAILY.
Has largest staff of writer's on
business and finance. The only
business paper served by all
four big press associations. 1t
costs $50 a year, but you can
get a Trial Subscription for
months for Sc. Just tear out
this ad and attach check for So
and mail. Or tell us to bill you.
Wsl7I
A Broad Street, New York 4, NY.
Evening star., 1953-12-06
Produce Markets

united States Agriculture Department:
Apples-Dull; bushel baskets U. s.
j. Desy2Ts Tsd s9mes inches aenes np 4So
pennsylvsnia Penn issnA Delicious. "a inches UP.
9als up, s'S5; pS5 ssta2msns, a% inches UP. some
fair color 3;5014.00. ., nm
vaPSsa PGtat0fRg; Pcnhsyvania nj sfs S S
pound sacks, fair quality ti 4Gh;2GG; h;SGer 30
mand light: bushel baskets U. S. Is;
some washed and waved, Maryland and n,
Virginia goldens. 1925; Puerto g. q.
dranse nne1se and ndS%s; golden. es5-s.s5: nearby
la-bushei hampers. golden. 1.5Q.
Livestock Markets.
Cattle, compared week ago: slaughter
steers steady to strong: heifers geneTaiIy dr.
steady: cows steady to so cents loWedro
bulls so cents to 1.59 higher to- top csnts s;3e
arSfE; ups Few loads and smaller lots mestly
choice but including few prime S62- 9
l.235-pound slaughter steers: 2o;0odi .nd
cSocc ,sTs ncndns sus8 440
steers, Fl .OO-24 so: scattered sales utility
and :. commercial including 71o.1 .3S5-
pound averages, 13. .00-2O5O. with safes
60 good iOiH% end: % odd lots canner and cutter
Choice heifers. 1S.OO-22. 90: utility and
eonmmereial most numerous 1nd cSttsTs az $50
1900. Weeks top in COW department.
1880. paid Monday for truck load Penn.
sylvania granted offerings; Few iots
commeEGal b1T GGTs t1 I'll Reafr and COM
merciai cows. II .o0-i2 .50fH bulk Gamers
and cutter 7.o0-1o .00;, odd cutter COWS
to 11.00 and Occasionally above , ana Lev rev
Seei aee bulls. bulls Ii@ mostly j. ..oo-i4 So few to
1900 utility bulls, mainly u o0-n2:51:
supply most good grade 71n-1 030 stock
er and feeder sters. 19.00-@t so. with
sales at 20.5o and above generally carry;
Ing choice end; most medium an and sCCc cci
Common c'sn6o1pHEf0 snd medium 'ssso-644 pounds
11;50,15 90; fey inferior 5o5-a"S
pognds Ea5y:s 5oN100H ws.t ago. Generally
steady top 800 higheE weeks and clos;
ing top for sorted priN4e 175-2o0-pound
yeaIers; q 90: other choice and prime:
prime, 22.00-27 90; commercial and
good q 1s.oo-a2.oo: Gull and utility. 500
~ goes compared ysck $50; ,oBsr Bs!roSs Ss
cents higher; other weights mostly ZOO
'hisher COMPARED last Wednesday as none
we're We on offer last Friday; 'Sn soTs stssdy TO
barrow: and siits. s4,5o-25.oo, with iate iat
tor 24.50: 240-27n pounds. "a oo.25.00;
over 400 pounds 23O down, depending
40 pounds, q 500. .5O 140-160
pounds, 2o50-o35O: 160-1sn pounds,
% 1924 rs; choice sows under 400
pounds. mostly 81 90: 400-t50 pounds;
pounds. 1900: $50 pounds and heavier,
quoted 1900 downward. according TO
weight and condition. Stags were DIS
paid same weight sows.
Sheep, compared week ago: Wooled
slaughter lambs mostly 100 higher.
for few choice and prime 97-pound
averages. 81 90; most good and choice
wooled ewes nominallv steady including
utility to good. at 4.00-5.00.
Evening star., 1953-12-06
Dividends Announced

NEW YORK, Dec. s nP.-Dividends
announced
Pc Stk Of PAY.
Evening star., 1953-12-06
Stock Increase Proposed

Directors of the United Serv-
ices Life Insurance Co. have
asked stockholders to approve a
SO per cent increase in capital
stock and an increase in the
Board of Directors to IS from
nine. Written consents from two
thirds of the outstanding 10000
shares are needed.
Evening star., 1953-12-06

In 1854, you will need to keep
up to the minute on news af-
fecting your future and the
future of your business.
Because the reports in The
Wall Street Journal come to you
DAILY, you get the fastest pos
Sible warning of any new trend
that may affect your business
and personal income. You get
the facts in time to take what
ever steps are needed to protect
your interests, or to seize quickly
a new profit-making opportu-
nifty. You are promptly and re-
liably informed on every major
new development relating to:
Address: The Wall Street Journs
Evening star., 1953-12-06

HdItS OF ulVluenuA N The foreeOlng
table are annual disbursements based on
the last quarterly or semiannual declara-
ton Unless otherwise noted special or
extra dividends are not included
e dividend; xr Ex rights x-dis Ex-
distributed CID Called pt ID 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 e Paid last year.
fPayaole in stock estimated cash value
on ex-dlvidend date g Declared OF paid
stock dividend or splitup Declared or
paid this year an accumulative 'ssne
with dividends IN arrears Paid this
year dividend omitted deferred or no
action taken at last dividend meeting
Declared or paid in 1882 plus stock
dividend Louidsting dividend
Evening star., 1953-12-06

Address The Wall Street Journal a Broad Street. New York N.Y.
Evening star., 1953-12-06
New York Bank Stocks

NEW YORK Dec. 5 R.-Natior
Association of Securities Dealers. Inc. ::
Evening star., 1953-12-06
American Summary

FURNISHED by the Associated Press,
list Of most active stocks on the
American Stock Exchange, showing the
bigh. low and closing prices for the week
anu the net change from the previous
weeks close
Evening star., 1953-12-06
Bond Summary
Furnished by

FURNISHED by the Associated Press.)
A list of most active bonds on the
New York Stock Exchange. sh0wine the
high. low and closing prices for the week
and the net change from the previous
weeks close.
Evening star., 1953-11-03
Church Bazaar
Set Thursday
up q troy of varied conopes.

Billy Johnson, TV personality
will entertain the children at the
annual Christmas bazaar to be
held from 10 am. to 10 pm
Thursday at st. Johns Episco-
pal Church at Wisconsin avenue
and Bradley lane.
Articles to be featured at the
various booths include religious
books and gifts, dolls, aprons,
Christmas decorations, jewelry
white elephants. caricatures and
silhouettes.
In the culinary line, there will
be a pantry shelf, baked goods,
snack bar and "take-home" din
nerS.
A hat bar for little girls and
choir dolls will be special at
fractions.
Mrs. James Melton is chair
man of the bazaar. Members OF
her committee include Mrs
Frank T. Shull, Mrs. L. P
McLachlen, jr.. Mrs. Custis G
Meade. Mrs. Adeline Hannah
Mrs. Donald Jackson. Mrs. A
D. Yewell, Mrs. Paul Alexander
Mrs. John w. Red, Mrs. M. T
Woodruff, Mrs. Lane Hildreth,
Mrs. Frank T. Lyman and Mrs
: L. B. Leopold. -
Evening star., 1953-11-03
Scholarships
To Be Featured
By Zonto Club

Scholarship projects of the
Zonta Club will be spotlighted
tomorrow at a luncheon of
Washington members in celebra-
ton of the 34th anniversary of
Zonta International.
For the 14th consecutive year,
the $1,000 Amelia Earhart
Scholarship in aeronautical en-
gineering is being offered to a
qualified woman holding a bach
elor's degree in engineering.
Special attention will be called
to the grant at tomorrow's
luncheon which also, will feature
the three scholarships given by
the local club to girls at three
universities here.
Students presently holding the
local awards will be luncheon
guests. They are Miss Brigitte
Buchanan, a premedical STU
dent at George Washington Uni
versity; Miss Marjorie Curtis, a
student at American University,
and Miss Carmen Chiara. who is
majoring at Catholic University
in teaching dramatics.
Miss Mary w. Sigman will be
mistress of ceremonies at the
luncheon, scheduled for 1890
pm. at the YWCA.
Past presidents of the local
Evening star., 1953-11-03
Rehabilitation Of Korea
Called Project for u. N.

The rebuilding of Korea
should be a United Nations
rather than a United States
undertaking. the Woman's Ma
tional Democratic Club was told
yesterday.
Addressing the club at a
luncheon meeting, Robert Ma
than, consulting economist, de-
clared: Korea can be the great
success story of our generation.
It ought to be a U. N. undertak-
ing, but it's going to be a
battle"
Mr.. Nathan, who has just
completed a survey for the
United Nations Korean Rehab-
ilitation. Agency, expressed the
opinion that rehabilitation of
the war-battered republic is "al-
ready moving toward the United
States, as it is, and that would
really be tragic"
Results of the survey will be
Evening star., 1953-11-03
To Talk on Greece

A meeting of the Homemakers
Department Of the D. c. Home
Economics Association will be
held at 10:30 am. tomorrow at
Woodruff House, George Wash
ington University. 80,
Miss Katherine Towne, associS,
ate professor of home economies
at GNU will give an illustrated
talk on Teaching Home Econo-,
mics in Greece" as part of the
program.
Evening star., 1953-11-03
Mrs. Priest
Addresses
COP Group
BY Mary |. Youohon

Mrs. Ivy Baker Priest, United
States Treasurer. said yesterday
the biggest challenge facing the
Republican Party in the 1854
congressional elections will be to
convince the people President
Eisenhower needs q Congress
controlled by his own party If
he is to bring about the change
which we so ardently demanded
in 1882"
Moreover" she told the
League of Republican Women of
the District. I'VE must also make
the voters understand that an
ff-year election is as important
to this country's future and their
future as a presidential contest"
She called the difference be-
tween the House candidates and
President Eisenhower's plurality
in the 1852 election a significant
figure.
"In it" she stressed" lies the
substance Of the challenge facing
the Republican Party in 1854"
This challenge, Mrs. Priest as
serted, must be met on two
fronts; in the Solid South and
in the IS Districts won or lost
by Republicans by five per cent
or less Of the votes cast.
Mrs. Priest referred to the
situation in the Solid South as
promising and said the Repub-
lican Party is beginning to make
real headway" there.
For example," she continued,
1--WE now hold four House seats
from States in the Solid South,
three from Virginia and one from
North Carolina"
She warned, however, that in
spite of forward strides in that
area I'VE are far from firmly
entrenched there. Those four
seats will be in jeopardy in 1854"
She said the Democrats in
Congress put on a show" of sup
porting the Presidents policies
and added their design lis all
too apparent. however, and it is
our JOB to bring it to the atten-
tionAof the people" y
Mrs. Priest said that by sup
porting some Of the Presidents
policies now, the Democrats hope
to be able to 'tbask in the re-
f1ected glory of the Republican
Partys achieyements and thus
to win control of the Congress.
The Treasurer called on the
league to help hold the women'S
vote in 1854 elections.
If that takes place, Mrs. Priest
predicted, 1.-The Congress which
conVenes in January, 1855, will
be overwhelmingly Republican
and President Eisenhower will
be able to put across the balance
Of his program"
Mrs. Everett M. Dirksens CO.
chairman of the Program Com
mittee, introduced the speaker.
Mrs. Edmund Kochersperger,
league president, presided at the
meeting, which was held in the
Mayflower Hotel.
Guest of honor at a luncheon
which followed was Mrs. John
Foster Dulles, wife of the Secre-
tary of State, who was intro
duced at the meeting.
Evening star., 1953-11-03
St. AIMS Church
plans Benefit

Members of st. AIMS Church
will hold their annual card party
and dance on Friday evening at
the Shoreham Hotel. Proceeds
from the event will go into the
church's building fund.
The Rev. Henry D. Collins is
chairman, assisted by Mrs. Ray
mond C. Hurley.
The card party will begin at
8 pm. and dancing is scheduled
to start at 10 pm. Music will be
furnished by Addie Lawyers
Orchestra.
Tickets may be purchased at
the door.
Evening star., 1953-11-03

issued in a report, shortly to be
released, the economist said.
Mr.. Nathan said that even il
the rehabilitation of Korea be-
comes a U. N. task, "the United
States is going to have. to put UP
most of the money"
He estimated that the cost of
rebuilding Korea will be "well
over ST. billion" and that with
military support, it may even
reach So billion.
The job that lies ahead not
only includes rehabilitating Ko-
rea, he said. but in giving it a
viable economy.
Mr.. Nathan said that during
their long occupation of Korea,
the Japanese did more than the
British in India and the Dutch
in Indonesia to develop the
country but stopped just short
of allowing it to have an inde-
pendent economy.
The purpose of the new re-
Evening star., 1953-11-03
Hooked Rug Guild

The regular meeting date of
the Hooked Rug Guild in Alex
andria has been changed to to-
night, according to an announce
ment. The session will be held at
8 pm at the Alexandria YWCA,
602 Cameron street. Mrs. Angus
tine L. Bresnahan, instructor of
the classes at the Y, will be pres
ent for consultation.
Evening star., 1953-11-03

Mobilization program. he said,
will be to develop Korea'S econ
omy so it can stand on its own
feet.
He said the United States has
made two mistakes" in Korea,
first, in not sending enough aid,
and second, in permitting infla-
ton which has had a sitting
impact on the economy"
Mrs. Dale Doty introduced the
speaker. and Mrs. Oscar Chap
man, president of the club,
presided.
Evening star., 1953-11-03
Opti-Mrs. Club

The November meeting of the
Silver Spring Opti-Mrs. Club will
be held at 1880 pm. Thursday at
the Cape Cod Inn in Bethesda!
Mrs. Edward j. Lauer recently
was installed as president of the
club. Other officers are Mrs.
John Anderson. vice president:
Mrs. Robert Derrick, secretary,
and Mrs. James Fisher, treas
i1f,nr
Evening star., 1953-11-03

club have been invited to attend
and the birthday cake will be
cut by Mrs. Nan r. Street, only
charter member of the Washing
ton Zonta Club.
Miss Earhart is honored by
the award bearing her name be-
cause she was member of the
zonta Club of New York at the
time she made her last fight.
Evening star., 1953-11-03
Auxiliary Luncheon

The Women's Auxiliary of the
District of Columbia Pharmaceu-
tical Association will meet at
1890 pm. Thursday at Tilden
Gardens.