davidaulloa/AmericanStories huggingface dataset:
Evening star., 1954-12-28
Business Briefs

Business Failures in the week
ended December % totaled 2l3
compared with 208 in the pre-
vious week and 162 in the like
week a year ago.-Dun 81 Brad
street.
Crude Petroleum Stocks, do
mestic and foreign. on December
18 totaled 265. .493. 900 barrels. up
1873, 900 for the week.-Bureau
of Mines.
Hilton Hotels Corp. registered
with SEC about $40 million in
debentures which it plans to
offer to present and former
stockholders.
Travellers Insurance Co. direc-
tors voted proposal to reduce
the par value of the capital stock
to provide for a 20-for-l split.
N. Y, N. H. & Hartford r. r.
in IL months ended November
30 earned $5,269,776 VS., $5.102.-
3O8 in 1853 period. Associates
of Patrick B. McGinniS, New
Haven president. are reported to
have bought $4,000 shares OF
Boston & Maine Railroad. giving
them 42.5% and control of the
railroad.
Federal Reserve Bank of Rich
mond announced John B. Wood.
chairman of the Newport News
Shipbuilding & Dry Dock Co.,
has been appointed chairman OF
the board.
Cluett Peabody g. Co. an
nounced the sale of its plant at
Thompson, Conn, to Republican
Textile Equipment Co. The
plant closed last September after
employees refused to accept q
1919 pay cut.
Chi, Burl. g. Quincy in IL
months ended November 80
earned $2O,363,714 or $11.92 a
share VS.. $24, ,262, ,965 or $14.20 in
1853 period.
West Penn Electric in IL
months ended November 80
earned $15.676.429 or $3.71 in
1853.
Northern Pacific Rwy. in II
months ended November 80
earned $13,343,734 or $3.50 a
share VS.. $12.524,207 or $5.05 in
1853 period.
Missouri Pacific R.R. in II
months ended November 80
earned $9,899,19l VS.. $9,962.953
in 1853 period.
Western Union Telegraph in IL
months ended November 80
earned 81, ,429, ,506 or $6.01 a share
VS.. So, ,493, ESQ or $5.27 in 1853
period.
Pitts. & Lake Erie R.R. in IL
months ended November 30
earned $6,531 ,937 or $7.56 a share
VS.. $10,492, ,482 or $l2.15 in 1858
period.
Cessna Aircraft Co. in year
ended September 80 earned ST.
175,433 or .$2.97 a share VS.. ST.
t26,587 or $1.54 in 1858.
Evening star., 1954-12-28
Chicago Groin

CHICAGO, Dec. % LP.-Firm prices
ruled In grains In moderately active
dealings on the Board Of Trade today
Wheat participated in the advance. re-
terday's sharp decline. Private reports
from the Southwest indicated moisture
yesterday and overnight was not as
heavy as some grain men had anticipated
Soybeans and feed grains were aided
both by very light receipts OF cash srair
continued to be mostly mixture Of rain
wheat near the end of the first hour
was l to Ia higher, March 2.32sa; corn
50 to 11s higher March 1,57ss; oats
unchanged to 70 higher. March S0se. rye
IA to " higher. March Liz; s9ybeans
lard 3 to ID Cents hundred pcunds @
higher, January 1915.
While moisture was quite widespread
over the Southwest overnight, Il was
not heavy in any section. Many grAin-
men doubted that 1t was sEficient TO
improve greatly the prospects for winter
weather in the western sections of the
man 4 .Siseatch Gseatt pei" from Yusoslavis also
helped wheat prices This said the
Yugoslav government had been promised
as much as 32 million bushels OF wheat
was a larger quantity than has been
mentioned in previous news items.
Cash grain receipts amounted to only
hve cars of wheat, 20 cars OF corn, %
cars of oats and 2 cars OF soybeAns
These light arrivals were an important
factor in the markets early nrmness.
pected to hold down marketing OF train,
Formosa bought 10000 bushels Of soy
beans overnight.
Evening star., 1954-12-28
New York Cotton

NEW YORK. Dec. 20 RI.--Cotton fu-
lures price movements were narrow
during the forenoon today. Thhre was
some switching from near TO later
months. New crop deliveries sagRed on
profit taking following q brisk advance
on Mondey. -,
arm said that reports from the Rio
0rAnde Valley indicate that the soil
condition Is GOOD and moisture sufficient
vas said to be badly In need OF mois-
ture.
Noon prices were 80 cents a bale
yloas close. March S4.ss. May aBia
and July 1924
Evening star., 1954-12-28
Chicago Livestock

CHICAGO. Dec. % R1 CUsDA).--
Salable hogs. e;000;. very active and
butchers. Instances 100 ~hieher;S most
scarce, active. 5n-75 higher: most choics
Ig0-22Q ID. fS.O0-19 900; mainly 1880.
1900 for choice No. and Grades:
81 sTope HESS one most sses sSsse Shoe' n No. q Iss
260-310 ID. 1B.2b-15,25: most sows 400
ID. and less 15.b0-16.25; bulk 425-600
ID. Ia .00-15.50; good clearance.
400; steers and heifers averase choice
and better moderately active, fully
steady: others SLOW. steary to weak; cows
steady to so higher; bulls and veaiers
strong: several loads prime steers 3225-
$500; high choice to low prime 2n5O-
3l 80; most choice steers and yearlings
25.50-29.Q0; good TO low choice 20.56-
$500: O load Of commercial to low good
heifers and mixed yearlings 27.50-2S.00;
choice heifers 24.00-26.75: good to low
choice 19.00-23,50 commercial TO low
good heifers l4.50-1S.50: utility and
commercial cows 1O.bO-I3,O0; bulk cam
ners and cutters S.50-1o. 80: utility and
commercial bulls u 00-18.0 90; good and
choice vealers 20.00-24 90; stock cattle
about steady: a load OF high good heavy
steer calves 21 80; q load of good $50
ID. feeding steers IL. 80.
Evening star., 1954-12-28
Radio and Tv soIes Soor

Unit sales of radio and tele-
vision sets In the Washington
area rose well above year ago
in November after tagging ear
lier in the year, the Electric In
stitute of Washington disclosed
today.
Covering sections served by
Potomac Electric Power Co., the
report showed that November
unit sales of radios totaled 8,826.
compared with TOO in November
last year. Televisfon sales jumped
to 7,408 from $500 a year earlier.
In IL months this year radio
sales of 62,412 remained behind
64.645 a year ago. but television
sales totaling 53296 were well
above 50.606 in the same 1858
period.
Other electric appliance unit
sales for November and year
ago included: Air conditioners,
47 VS.. 55; vacuum cleaners, 1896
VS.. 2,481: dryers. 780 VS.. ATS;
freezers. 382 VS.. 420; washers,
1858 VS.. 1,945: dishwashers. 542
VS.. 444; ranges, 662 vs.. 553; re-
frigerators. 3,013 VS.. 2.680.
Eleven months figures in the
-
Evening star., 1954-12-28
New York Produce

NEW YORK. Dec. % W (UsDAl.--
Butter unsettled Receipts 9S0,S07.
Wholesale prices on bulk cartons ffresh)
Creamery, .g3 score tAA) 61-61M cents
92 score (Al 601a-6034 80 score Obi
Cheese steady to Arm. Receipts 337. :
631. Prices unchanged.
Wholesale egg prices steady. Receipts
low. low Midwestern: Mixed lE colors: Extras IA.
t4S-50 lbs.) 34-34k2; extras large (45-4S
lbs.l 32.32h extras medium 31-31 u;
smalls 29-29Ia; standards large 31-32;
sx.Is s5ts: ss 52s sa CHECKS gs2s whites
(45-48 lbs} 35-35h; extras medium SO
32E. Browns: Extras t4S-60 lbs.l 34ta-
35E; extras. large (45-4S lbs.l 33-33a
lbsl 40-41; mediums 34-341a: smalls
2S-2Sa Browns: Top quality f4S-50
lbs.l 4O-41; mediums 34-34k; snialls
Evening star., 1954-12-28
NAM to Give Reception

The National Association of
Manufacturers viii give a recep-
ton for its new president. Henry
@. Ritter III, at Hotel Statler
from $50 to 1880 pm. on Friday.
January z. it was announced to-
day. Former presidents and di-
rectors will attend.
Army Times Publishing Co.
has opened q Detroit Office under
the direction of II. j. Crichton.
Evening star., 1954-12-28
Foreign Exchange

NEW YORK, Dec. "a dP. - Foreign
exchange rates follow, Great Britain in
dollars, others in cents unchanged un-
In New York open market. 3ss per cent
premium or 103.37ta.
Europe---Great Britain. pound. 2.7ss4,
d6-day, a.ssis. up up { 313S; I aolday, SS ~,
rs 27L32. up b: Beisium. franc, I.g8is.
Of .00ls; France. franc, .2ssa; Westei n
Germany, deutsche mark, 1885; Holland
guilder, .26.38i3 of .05; Italy, Ira, .161s;
Portugal. escudo. $50; Sweden. krona
1894; Switzerland. franc, free, 23.34A;
Denmark. krone, 1880. 51
Brazil, free. / .3s; Mexico. 500: Vene-
Zuela, bolivar. 3003,
Far East--iIons Kong dollar. 1850.
Evening star., 1954-12-28

a n n ou nc e d
yesterday.
Mr.. Lam e
Joined the ap-
pliance dis
tributing firm
after World
War II as D
salesman and
became sales
manager for
RCA Victo or
r q do an d
Television in
1850.
He beca m e
Evening star., 1954-12-28

Houriy saies On the ExchanEe.
IL 100 am go COO ~ noon 1z3o COO
I:OO pra / $50 600 300 10. o eco COO
fUntt Of trading 10 sEiares OF sales IN
full In bankruptcy or Tecetversnip or
being reoreanized under the Bankruptcy
Act or securities assumed b. such COM
panies Rates Of dividend IN the fore
going table. are annual disbursements
based on the last quarterly or semi
annual decisration unlers otherwise
included Also extra or extras. b An-
nuai rate plus stock dividend; Declared
Declared OF paid So far this sesr.
On ex-dividend a. ex-distribution daie.
g Raid last yesr 2 pecisEed q peid
ciafed % paid this yeef. a 1ecumaia-
tive issue with dividends tn arrears.
? Paid this year. dividend omitted. de-
ferred or no action taken at last dfvi-
dend meeting rpeciared Or pald ID
1854 ulns stock dividend. Laui6attng
aividsnd, ED Called. = ~. dividend. k-cis
n distribution. III TX rights NV without
Distributed. ws Hhen Nsnsd
Evening star., 1954-12-28
Metal Quotations

NEW YORK, Dec. 20 UF,.---spot nun-
ferrous metal prices today. Copper, 40
Is cents a pound, New York, Zinc, ii v
cents pound. East st. Louis. Tin,
S7h. cents a pound New York. At
Pittsburgh scrap steel No. ! heavy was
quoted at 33 0O-34. 90.
Evening star., 1954-12-28

10r the MAN.
haitian Stor-
age & Trans
fer Co., of
which his ia
ther, Maurice
Kre S S in. Is
president.
The n e W
sales manager
was graduated
recently from
Ohio s ia t e
where he ma
jored in ousi-
ness admins.
frat.inn and
Evening star., 1954-12-28

starting In
1854.
All e M
pfoy es, 10
years Of age
and over. who
have been en-
ployed by one
of the amli-
ated organiza-
tions for at
lie a st six
months, as Of
December 81,
1854. are ELI
gible for par
Evening star., 1954-12-28
Seurs Hours Changed

Arlington and Silver Spring
stores of Sears, Roebuck q Co.
will be open from 10 am. to 8
pm. on Thursdays and Fridays,
starting this Thursday. Hours
on other weekdays will remain
from 10 am. to 6 pm.
The Bladensburg road and
Wisconsin avenue stores win re-
tain their present schedules Of
10 am. to 8 pm. on Fridays
and Saturdays and from 10 am.
to 6 pm. on other weekdays.
Evening star., 1954-12-28
Odd-Lot Dealings

NEW YORK. Dec. % R-The New
odd-lot transactions by principal dealers
on the exchange for December ~: Pur-
chases of 261 1886 shares, sales of 2S5,S03
shares including 2,1SO shares sold short.
Evening star., 1954-12-28
Hotpoint Show Opens

The golden anniversary show
Of 1855 Hotpoint home appli-
ances is being held at showrooms
Of Simon Distributing Corp.
Washington distributors. today
through Thursday.
Evening star., 1954-12-28
Bonk Declares Dividends

Directors Of the Old Dominion
Bank have declared an annual
dividend of so cents share and
an extra of IS cents share,
President Edwin T. Holland
announced today.
Both dividends win be payable
January 8 to stockholders of
record December a and are the
same as year ago. The regular
amounts to 5 per cent on the $40
par capital stock.
Mr.. Holland reported, the bank
Is completing its best year on
record.
Evening star., 1954-12-28
|. P. Steuarf Starts
Profif-Sharing in
Affiliated Firms
BY DonoId B. HodIey

L. P. Steuart has announced
a profit-sharing trust fund for
all employees Of his affiliated au-
tomotive business organizations,
Evening star., 1954-12-28
SoIes Manager Appointed

Louis Kressin, former football
star at Coolidge High School and
later at Ohio State University,
has been named sales manager
Evening star., 1954-12-28
Dividends Announced

NEW YORK. Dec. 70 R,.--Dividends
Pc Gtk of pay
Rate. riod. record. able.
Evening star., 1954-12-28

other employees become eligible.
they will be admitted to the
plan.
Employees will not be re-
quired or permitted to contribute
to the plan.
The only contributors will be
the affiliated organizations, in
cIuding l.. p. Steuart. Inc. Cen
tral Auto Parts, Calvert Motors.
Inc, Mason Motors. Inc, and
Bethesda Motors, Inc.
Evening star., 1954-12-28
same classifications follow:
New General Manager

Ralph M. Lane has been
named general manager Of
Southern Wholesalers, Inc.
President william j. O'Connor
Evening star., 1954-12-28
Committees Named
For District Building
And Loan League

Appointment OF new stand
ing committees for the District
Building and Loan League were
announced today by Raymond c.
Williams, league president and
president Of the Capital City
Savings and Loan Association.
Carl c. Smuck. vice president
Of the Anacostia Federal Savings
and Loan Association and first
vice president Of the league. win
serve as chairman Of the impor-
tant Law. Legislation and Taxa
ton Committee.
Richmond H. Gibson. presi-
dent of the Northwestern Fed
eral Savings and Loan Associa-
ton, is chairman of the Mort
gage Credit Committee, while
Dom B. Thomas, secretary
treasurer Of the District Build
Ing and Loan Association, heads
the Program and Reception Com
mittee.
Members Are Listed.
Members of the three COM
mittees follow:
,,,lLLaw, Law, lsgislstiye-chapin b. Bauman.
Xleer. vice ehairmen: c, Clinton James.
general counsel; also Allen c. Adams.
Milton Snha l. ssidinssr, Leo A. gernstein.
SSarls: e9n cac%HSsS; cHsSsSn EEsns,s Fd%ana cfss @
3. Harrison. Edward k. Jones'. ciarencs
ssS.'s saSasi sSa fssgi RSrs James EssSsrss e
" MoSrtsass credit--w. Frank Nor
wIS,s:m yIsS: vice Ss1 chairman r Lee Baxter
Thornton w. owen, stuart o. TSomp.
son, Lawton =. Inabinet. J. Hawiey
Howard Z. ThoSpson. p vice SsnnsSa sSs,rmsn: snG
4. Cook Fred q: Dietrich. r. Edward
Harrell, W. Preston Hunt. Lawton n
Rouse. richard Il. % sincisir. J. ). S1dsg HSWieg
smith, John w. Stadtler, Ernest A.
Thomas. John n, Thompson, stuart b.
Thompson. Robert l.. Werth.
Other Committees Named.
Other committees were ap-
pointed as follows:
Audit---William H. Rippard. chairman:
Charles G. Elderkin, vice chairman; Fred
g; Dieterieh, Alton H. Helm. Robert A.
: BadsstlJoseph p. Burke, IT,. chair
Chairman; Robert E. Buckley, Edward c.
Bsltz James w. Clark. Francis Hayes,
Edward x; Jones. Jack Riley. William
Constitution - Edward L. McAleer.
chairman; Chaplin B, Ba1man. vice chsir.
PPan; Psyne joseph ,II.nI IHIurse ir;. william y.
MEMBERsHIp--w. Frank Morrison,
chairman: w, s. Martindlll. vice chair
man; Wilfred II. Blanz; Fred A. Smith,
Elmer j. Carlson; Mrs. Jessie Hiider-
NoM1NATIoNs - Edward X. Jones.
chairman; William II. Dyer, vice chair
man; Edward C.. Baltz; Chaplin B. Bau-
man; Clarence 3. Kefauver; Edward L.
:. PRACTICES, etss 4pRso@clEspnuREs--winiam Rs@lsn
vice Chairman; john P. Baister; Robert
T; Buckley; Charles Z. Garner; w. Frank
sAbvERTIsINo AND PUBLICITY
William Z. Poulton, chairman. John U,
Raymond, vice chairman; r. Edward
Hotzs;, Richmond II. Gibson; julius A.
stsStsi ssseass NJ Mar,S s. MsrsSail' arsss. John W.
REsoLuTIo oNs.chspiins B. sauman.
chai chairman: Edmund M. Emmerieh. vice
saltr fsnalttTmaR Ros1s 0eGvFe Baker; hhen
Evening star., 1954-12-28

ager of the radio, television,
home appliance. phonograph
record and electronic parts de-
partment in 1852.
Evening star., 1954-12-28
Mutual Funds

NEW YORK, Dec. % tP.---National
Association Securities Dealers. Inc:
Moon Quotations.
Evening star., 1954-12-28

economics. He has worked at
various times for Manhattan
since he was Is years of age.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-02

OFPOcs' OHOauCdSt DAN.
Other speakers at the con-
vention today were:
Ellsworth Bunker. president Of
the American National Red Cross.
who urged the Legionnaires to
work together with his group to
make our communities ram
parts OF security in peace and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-02
Legion Renews Stand
Against 10th Trial
BY the Assoeio,ed Press

The American Legion has re-
newed its objection to court
martialing a Pittsburgh ex-serv-
iceman accused Of Staying a
South Korean and arrested after
his discharge from the Air
Force.
A spokesman said the Legion's
national Judge advocate is pre-
pairing a brief to the Supreme
Court in behalf of former Air
man Robert 10th. The action
follows a convention mandate of
1853, which was reaffirmed yes
terday.
10th, a steelworker. is charged
in connection with the killing of
a South Korean civilian caught
prowling in q restricted area
near Pusan in September, 1852.
10th was honorably discharged
later that year, but picked up
at Pittsburgh the following May
and flown back to Korea for
court-martial.
He subsequently was returned
to this country and his law
yers began a test of whether the
Air Force could seize a civilian
in such circumstances.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-02

towers Of strength in emergency.
should the extremity of war be
forced upon U.S."
Harold E. Fellows, president
Of the National Association of
Radio and Television Broad
casters, who said the principle
of a free press" is being threat
ened by refusal Of the Senate Sc
lect Committee on Censure to al
low broadcasts Of it's current
hearings. He said the decision is
evidence of a creeping bondage
which is overtaking the most
powerful truth-telling media in
the world today"
Action Due on Mccarthy.
A resolution commencing Sem
ator McCarthy's Permanent
Subcommittee on Investigations
was headed for adoption by the
Legion later today.
Ranking officers of the Legion
said there was little doubt that
the delegates would vote for the
commentator, which urges con-
tinuance of the committee, with
no limitation on it's powers and
with ample funds" for its work.
The resolution also proposes
similar Endorsement Of the Jen-
ner Senate subcommittee on In
ternal Security and the Velde
House Committee on Un-Amer-
lean Activities.
Delegates were far behind
their schedule after consuming
much time yesterday in q fight
over an Illinois move to obtain
Government pensions for all
veterans Of World War I and II.
Although the proposal evoked
a heated debate, the delegates
rejected 1t overwhelmingly, 1855
to SOL.
Only Illinois, Pennsylvania and
half of the Indiana delegation
favored the pension move,
urging payments to veterans of
SITS at the age of 60 and $40 at
IS. A similar move has been de-
feated at each convention during
the last several years, but die
hard advocates keep trying.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-02
Legion Votes 10 LET
Matters Stand in
40 and 3 Race Ban

The American Legion Con-
vention yesterday voted to leave
membership requirements Of It's
affiliated organization, the Forty
and Eight, as they are.
At issue was q clause In the
constitution Of the Forty and
Eight-the Legion's fun and fra
terna wing-reStricting men,
bership to white males"
The Legion had been asked
by several of its departments
to force the Forty and Eight
to remove the clause. A standing
commissions report backed the
move. Then q special conven-
ton committee called for its re-
lection. A third report, by a
minority Of the committee, Of
fered a compromise which left
the decision up to individual de-
partmentS.
After a floor fight which rose
at times to such a din that dele
gates could not hear what any
one was saying. the convention
voted to leave things as they
now are.
The Americans Veterans Com
mittee today telegraphed that
the action "is q shocking travesty
on the freedom which the Amer
lean Legion is pledged to defend
that it should refuse to require
that its affiliated organization,
the Forty and Eight, eliminate
its ban against admitting Negro
and Oriental Americans"
The telegram from AVG Ma
tional Executive Director Andrew
E. Rice said that. Converting in
the capital of the entire free
world, the Legion, by its action,
will make good propaganda for
the enemies Of freedom every
uyhara"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-02

ployes will have to complete an
other three years before they
receive another longevity in
crease. A maximum of three
such raises are authorized even
tually.
The Civil Service Commission
is empowered to authorize agen-
cies to pay more than the mini
mum rate Of a grade in hiring
hard-to-fill jobs.
New "Super" Jobs.
A total of $50 new $4,000 to
$4,000 super" jobs will be Gre
ated. Most of them will be in
Washington.
The 10000 employees in the
CPC (Crafts, Protective Custo-
dial). schedule stands to benefit
from the abolition of this sched-
ule. They will be transferred to
wage board supervision or the
Classification Act. In neither
case can they be paid lower
wages and, in many cases. they
will get more.
Annual allowances of up to
500 a year are authorized for
Federal workers, such as letter
carriers, elevator operators and
guards, who must wear uniforms
on the job. ~
The new legislation vastly lib
eralizes the Government employee
incentive awards program. Agen-
cies are authorized to pay up
to $4,000 in awards to an en-
ploye or a group Of employees for
outstanding performance, eff
cheney or economy suggestions
or other meritorious service, In
outstanding cases, the Civil Serv-
Ice Commission may authorize
agencies to pay as much as
$25. 900 for these typessof awards.
:. !, =. =. -.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-02

emieS.
Thunderous Applause.
The recommendation that the
Government consider a break in
relations with the Soviet Union
called for the administration to
take such action whenever
deemed necessary"
Amid thunderous applause,
Foreign Affairs Committee
Chairman Rogers Kelley of
Edinburg, Tex, declared that
the Legion will heartily indorse
and support such action"
I'VE do not believe that peace
full co-existence with the Com
munist bloc is possible, Soviet
Russia and her satellites and
puppets have not offered the
slightest evidence of good
faith"
On West Germany, the report
asked United States leaders to
initiate plans for rearmament
of the German republic within
the framework of the North At
lantic Treaty Organization in
view of the recent French Par
!. Lament rejection of the Euro
pean Defense Community plan.
The appeal that the admins
tration throw down the gauntlet
to the Reds to halt further ag-es
erosion came in a report. Sec
ton devoted to Southeast Asia.
1t "wholeheartedly approved"
. collective security policy and
urged collective statement that
further aggression will not be
tolerated" But it added;
I'VE recommend that our gov
eminent notify Communist Rus
STA and Communist China that
their aggression must stop, and
unless such aggression is imme-
diately stopped the United States
will consider any further active
aggression as hostile and un-
friendly action, an act of war,
and it will bring forth imme-
diate military retaliation, with
or without the cooperation of
the other free nations of the
world"
France and Britain Hit.
In a blast against France and
Britain. dealing with the recent
Inflated Geneva conference, the
report said it appeared Russia
went to the conference with a
confident belief France and
Britain were prepared to pay "a
far greater price =. for a piece
meal peace"
1.-THE Communists found at