davidaulloa/AmericanStories huggingface dataset:
Evening star., 1954-10-27
Auto Plant Orders
Put More Steam
Into Steel Market
By the Asseeiofed Press

NEW YORK. Oct. 27.-A
strong influx of new orders from
auto producers is putting more
steam" into the steel market,
the Iron Age. national metal
working weekly, said today.
Noting that steel operations
this week are scheduled at rs
per cent of capacity for the
eighth weekly increase in a row,
Iron Age said still higher pro-
duction rates may be expected
in the weeks Immediately ahead,
While you can expect a tenn
porary letdown toward the end
of December, demand is expected
to continue strong well into
1885," the publication said. "Cold
rolled sheets, which are reflect
ing the Sharpest recovery, are
expected to be in tight supply
for at least 60 to 80 days. Some
producers are trying to increase
output of their sheet mills in
order to be able to take a bigger
share Of the new business.
Small users who had been
getting quick delivery from mills
are now scurrying to warehouses
as rapidly extending mill delivery
promises to catch them with in
adequate inventories. Ware
house buying is picking up too
very sharply in some areas.
"A somewhat milder pickup is
being felt on hot-rolled sheets,
hot and cold rolled strip and
plates. Galvanized sheets and
tinplate, which have been con-
sistently among the most popu-
lar products, are expected to ease
seasonally during the next sew
eral weeks. But the overall out
look on fiat-rolled products is
for tighter market"
Iron Age noted that scrap de-
mand has leveled off, at least
temporarily. Several steelmak-
ers have put additional blast
furnaces back into operation in
order to keep their scrap costs
from mounting higher, it said,
and availability of the additional
pig iron for steelmaking is acting
as a brake on scrap prices.
Evening star., 1954-10-27
Business Briefs

Wholesale Food Index, based
on the cost of a pound each of
81 foods in general use, this
week advanced to $6.71 from
$3.50 in the previous week and
was 3.4% above the like week q
year ago.-Dun & Bradstreet.
Electric Power Production in
the week ended October %
totaled 9,033, 100000 kilowatt-
hours compared with 9,117,00O,-
900 in the previous week and was
1870 above the like week a year
ago.-Edison Electric Institute.
b. F. Goodrich Co. announced
plans for an outlay of at least
$100 million during the next five
years to increase tubeless tire
production.
FOllansbee Steel Corp. stock
holders. prohibited by Federal
Court order from voting on the
proposed sale of the assets to
Frederick w. Richmond for 50
million, recessed their meeting
till 2 pm. tomorrow.
General Motors Corp. in 8
months ended September 80
earned $584,915125 or $6.58 a
share VS.. $452,798,196 or $5.08
in 1858 period.
U. S. Steel Corp. in 9 months
ended September 30 earned $780,
174,974 or $4.55 a share VS.. $780,
723,028 or $5.66 in 1853 period.
Gulf Oil Corp. in 9 months
ended September 30 earned
$116,359,000 or $4.74 a share VS..
$116,828,000 or $4.76 in 1858
period.
Con. Edison of N. Y. in IL
months ended June 80 earned
$40, ,449,235 or 1922 a share VS..
$50, 0,096,0 ,021 Or $2.98 in 1853.
Remington Rand in 6 months
ended September 80 earned $6,-
633,197 or $1.27 share VS.. S.
1926, 5,769 or $1.01 in 1853 period.
N0rthrOp Aircraft in year
ended July 81 earned $3,829,387
or $5.25 a share VS.. $3,360,516
or 1923 in 1858.
TextrOn, Inc, in 8 months
ended October 2 earned $4,000
VS.. a loss Of $1,077,00 in 1853
period. ,....
Other earnings included:
Evening star., 1954-10-27
Chicago Grain

lower iA on the Board i 81 Trade TO-DAY. The Tiie
aggressive demand which had appeared
in other sessions this week was con-
spicuously absent.
Losses were not large. Soybeans, up
as much as 8 cents yesterday. fell back
a couple Of cents today. The decline
was viewed largely as TECHNICAL affair.
srousht about By some profit taking E
wheat near the end Of the FIRST hour
corn corr 2 to Z lower, Becember 1897;
oats unchansed to u lower. December
S2;, rye " to q higher. December 1855:
2S31a. and lard 5 to IS cents a hundred
pounds higher, November 1892.
Illinois received more light moisture
Minnesota. where, the unharyested soy
beans are, reported clear skies. This
was mildly depressing on soybeans.
Brokers said 1t appeared many pro-
ducers are holding back soybeans on
farms in the hope of getting S3
bushel for them. This would be eauiva-
lent to a price Of around 1928 at Chi
cago, they added
Export business was meager overnight
tion granted 81 6 million to Formosa to
be either wheat or rye.
Trade reports on condition Of wheat
crops in Argentina and Australia were
rather pessimistic. Both countries have
suffered some deterioration in prospects,
1t was said. However. it Is believed they
both have ample carryovers from previ-
Gus years.
Evening star., 1954-10-27
| Stock Prices Mixed
In Fractional Range;
SfeeIs Turn Lower
BY NJ. A..oeiassd Press

NEW YORK. Oct. 27.-The
stock market moved irregular1y
today with trading moderate in
the early afternoon.
Gains and losses were largely
fractional with an occasional
stock going either way past a
point.
Steels sold lower while airlines
were higher. Oils were mixed as
was most Of the rest Of the
market.
United States Steel was off
around point after starting on
a block of 5000 shares off ia
at STA. The decline represented
trader disappointment over the
absence of an extra dividend.
Crucible Steel lost a fraction
on sharply lower earnings.
Jones 81 Laughlin was fraction
ally higher.
General Motors gained a frac-
ton on higher: earnings despite
a 8 per cent fall in sales. Ma
tional Gypsum was up on good
earnings. Scott Paper fell back
following a dividend increase
amounting to 712 cents.
The bond market was quietly
steady. Government issues in
the over-the-counter market
were steady.
Evening star., 1954-10-27
Washington Securities

SALES.
Pot Elec Pwr-60 at 10. 40 at 10, 2
at 49,
Hecht GOO at 26Ns, SO at 26ss, 25
at 265s.
Garfinckel COMBS at 22.
Pot Elec Pwr 1909 pfd A--50 at 43a..
Evening star., 1954-10-27
New York Cotton

NEW YORK, Oct. 27 R.-Cotton
during the forenoon today. Tf1e slacken-
ing of hedge offerings and less aggressive
trade demand for quiet market Some
traders we're inclined to await o further
possible setback in prices.
Noon prices were UNCHANGED to 10
cents bale lower than the previous
close: December, 34.59: March. 4.96.
Evening star., 1954-10-27

Hourly Sales on the Exchsnee.
~ 100 Am A1o 900 ~ uoon Gao 600
100 p.m 100 0oO 800 ON 600 600
.tUnts OF trAdme 10 snares OF saies N
fuL In bankruptcy or receivership OF
being feorgantse under the Bankruptcy
Act or securities assumed by such com.
panies Retes Of DIVIDEND N the fore.
going table are annual disbursements
based on the last quarterly OF semi.
annual declaration Unless otherwise
noted, special or extra DIVIDENDS are not
Included Also extra q extras. = An.
or paid IN s5s plus stock dis .dena
DeclsIed - or paid 50 far tnis year
on ex-dividend OF ex-distrihutiIn date
Paid last year b Declared or paid
clared or paid this year. an accumuls.
tive issue With dividends IN arrears
terred OF no aetion taken DC last divi-
dend Send nneetins. rDsclarsd cf patd %
dividend cid Called. : Ex dividend. x-d6
= distribution; T ~ rights. ~ Without
distributed. vi whAn AsaeG.
Evening star., 1954-10-27
Odd-Lot Dealings

NEW YORK, Oct. 81 R.-The New
York stock Exchange reported today
these odd lot transactions by principal
dealers on the exchange for October 20:
Purchases Of 174,gS7 shares; sales Of
19i i,1g3 shares including 1,s41 shares
sold short.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-06-13
oh my papa-oh my r
Fathers Day Think Of
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WELDON Club
Lounge Cool ShOrties
6.9s

"a
The ace for Dads who must
weather washington summers.
OF light. cool cotton made
knee-length and with short
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checked tops in summer-Smart
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80
Weldom ''cossiGied Cheeks" IL Tissue
woiehR boeisae. Kn0e IeR0sh Pfc
vim shoss sleeves. White SsoURd with
blee. eAaseeol-Sssys NJ - brown
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Street Floor, washington, SiIuer
Sprin0 and PARKtn0t0n
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24
Big Four

EOR THE FIRST TIME
l. since 1949 the Big Four
foreign ministers were ready
last week to hash over cold
war problems. but the pros
poets for success were no bet
ter than in the 40 meeting,
when the group failed to agree
on unif1cation of Germany.
The ministers gathered in
Berlin last week preparatory
to opening the conference to-
morrow. Again the central
topic would be Germany.
During the week, allied Of
f1cials leaked to the press in
formation that the West would
stand by its old basic demands
for Germany-free, democratic
elections for an alderman
government first, then COM
pletion of a peace treaty.
At the same time the Soviet
press reported that Communist
terms would also be unaltered:
Establishment of an all-Ger-
man government mot anti
CommuniSt) first. then free.
democratic" elections.
Allied spokesman said they
expected the Russians also to
urge that Chinese Communists
be brought into the discussion
and to insist that the West
reduce its European defenses.
British, French and Ameri-
can diplomats, however, said
they would hold firm on NATO.
And to underscore Western
unity. the Netherlands last
week ratified the European De-
tense Community treaty. At
the same time, the French
government announced it would
not barter European solidarity
TO" peace in the Far East. The
allies also agreed they would
not offer Russia further non
aggression pacts.
Both sides did agree, how
ever, that they would talk
about the Eisenhower plan to
pool atomic resources for
peaceful purposes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24

way for the first time. Dirksen
of Illinois. an economy" Sem
ator. also lined up with the
pro-seaway forces.
When the bill came to the
Senate floor the opposition
was overcome with ease. Vot-
ing for the bill were 81 Sem
ators, including IS Republic
cans, IS Democrats and one
independent. Against were 80
Senators. is Republicans and
Is Democrats. The telling ar
gument proved to be defense.
Under the Senate bill. the
United States would set up a
seaway corporation, financed
with sos million, to build and
operate a canal and locks in
the. International Rapids sec
ton and to dredge in the
Thousand Islands area.
The bill still must be APP
proved by the House, where
opposition last week seemed
stronger.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24
Korea

THE grey. formless world
l. around North Camp of the
Korean truce zone was closing
in on 81 Americans in a small,
barbed-wire incloSure In the
hills above Panmunjom this
weekend. With one British
and 327 Korean comrades, they
had made the hard choice of
sticking with communism.
The Reds had promised them
all sorts of bait. Probably
most Of the men had long sus-
pected that all this was a
come-on. But each had his
own reason for choosing to
stay. Some may have feared
they would be punished for
betraying fellow prisoners
mot an altogether unfounded
fear, as Corpl. Ed Dickinson,
ex-comrade from Crackers
Neck, Va, found out Friday
when the Army arrested him
on charges of two violations
of the Uniform Code of Mill
tary Justice: Conserving with
the enemy and improving
his own status at the ex-
pense of his fellow prisoners).
Others had simply been in
Inundated by the Reds. Posi-
bly, a few actually bought COM
munism.
At any rate, they had made
up their minds many weeks
ago to renounce all home ties.
fearful letters from home
were spurned.
The acid test came Friday
at midnight. deadline for their
release to the Reds. That was
the moment their Indian
guards abandoned the sentry
posts. climbed aboard trucks
and roared out of their lives.
North Camp lay deathly still
in the black winter night.
There were no Oriental COM
rades on hand to lead the men
triumphantly behind the Iron
Curtain. Words of an In
dian officer rang in the I'M
guarded prisoners ears. The
Communists won't have you, he
said.
Red Explanation
There was dialectical ex-
PLANTATION for the Reds dis
interest: The Indian custodial
force had violated the truce
by relinquishing control of
their charges before all had
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24
Turkish Leaders Visit Here Reos Ay Between Two Lands

his state-of- the-Nation ad-
dress. explains:
1.-THE memory has been
erased Of the era when gov.
eminent services were per-
formed as though they were
acts Of kindness and benefac-
ton, and when those in charge
Of government were supposed
to be infallible and free Of all
blame. We have chosen the
path Of identifying ourselves
with the man in the street in
our efforts to insure the proper
performance Of public serv-
ices"
Celal Bayar is a modest, I'M
assuming family man. He and
Mime. Bayar have q son, an
Istanbul businessman, and a
daughter who teaches at the
University Of Ankara:: She is
married to q member Of the
National Assembly.
The President daughter
has two little girls and they
are the apple of his eye. He
spends a good deal of his spare
time with them and they often
begin his day at the presiden-
tial residence In Ankara by
tumbling into his bedroom
shortly after daybreak.
Another son of the Bayars
died in 1941. He left two
sons. One is doing graduate
work in civil engineering at
Cornell University and the
other is studying at the Ameri-
can Robert College in Istan-
bull.
The President is a horse.
lover. He rides and is a rae
ing fan, too. He attends the
opera frequently and delights
in dropping in at the Ankara
radio station to listen to the
concert orchestra. Another
pastime is yachting. During
the summer, the people Of
Istanbul often see him take
the wheel of O friends boat.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24

million head in'1953: in 1850
there were SO million.
Total deposits in major
Turkish banks stood at 1857
million as Of June 80. 1858.
an increase Of lit per cent
over the June. 1850. total Of
1899 million.
Only 289 bridges with o to-
tai length Of 14,170 yards were
built during the ~ years prior
to 1850. Work was started on
1872 spans Of 40,875 yards
203 bridges Of $4,000 yards
have been completed-since
1850.
In 1919. Turkey had seven
tuberculosis hospitals with L.
OCT beds. Today there were
81 hospitals with 6.357 beds.
And 226 health centers were
constructed in the last three
years, compared to a total Of
only 16 in operation at the
end Of 1850.
The government distributed
100000 acres Of land to II, 500
families in 1858. compared
with 207.5O0 acres parceled
out in all the years prior to
1850.
Volume of foreign trade in
1853 rose about 800 per cent
Of the 1919 total. Exports
mounted from 942.110 tons to
as million tons.
Besides the above. the Bayar
administration has achieved
outstanding results in the
building of new roads. air.
ports. harbors. schools and
electric power stations.
Boyor's Attitude
What attitude does this
man. the first Turkish head of
state to visit the United States,
take toward his administra-
tons duty to the people?
The following paragraph, from
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24
Indo-Chinu

ERENCH UNION forces
L opened a new phase of the
1ndo-China war last Wednes-
day when 1000 French and
Wet Namese commands made
an unopposed amphibious
landing at Tuyhoa. along the
bulge in Indo-China's south
central coast. Spokesman for
Gen. Henri-Eugene Navarro.
commander in chief in Indo-
China, said the French were
now moving onto the offensive.
after seven years on the de-
fensive.
AS the amphibious forces
famed out to expand their
beachhead in the former king
dom of AMMAN, Wet Namese
"groupes mobiles" light bat
talions Of native troops trained
to fight guerrilla remnants and
win over the population.
poured in close behind. They
brought Wet Namese govern
ment administrators with
them.
The new light battalions will
have the job of cleaning out
guerrillas and selling the An
namese inhabitants on the
French-backed Wet Namese
government. This will be the
acid test for these battalions
and for the fledgling Wet
Namese government as well.
The Tuyhoa area. containing
some 3.5 million people. has
been under Wet Mini Com
munist) rule since 1915.
Earlier in the week French
Union forces had moved back
into Thakekh. Mekong River
town on the Siamese border.
They returned quietly and with
little fanfare, selling this west
ern anchor of the thin Com
muniSt Wet Mimi line across
Indo-China's narrow waist in
the same manner they had left
it-without firing a shot.
Thus the French appeared to
be making good on their inten-
ton to keep the Communists
off balance throughout the
1953-54 dry Cor fighting) sea-
son, which ends in May. The
Reds so far have been unable
to launch their usual dry sea-
son offensive. French strategy
calls for a holding operation
this fighting season. while the
Wet Namese native army is
expanded. BY the time the
next dry period rolls around
in September, the French hope
to be able to go over to a mas
sive offensive intended to win
the war in two fighting seasons,
that is, by the spring of 1856.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24
Seowoy

Construction of the st.
Lawrence seaway, a project
turned down four times by
Congress. finally received some
encouragement last week
when the Senate approved
United States financing of a
portion Of the Seaway.
The inland waterway, a 27-
foot channel 1850 miles long
from the Atlantic to Duluth,
has been a dream of the Great
Lakes States and Canada for
many years. Its ultimate cost,
anywhere from 81 billion to
So billion, has made it neces-
sary for promoters to look to
the Federal Government for
most of the money.
The project was always
blocked in Congress, however,
by congressman from Eastern
Seaboard States who feared
competition from new ocean,
going ports, and from Southern
and Western congressman who
could see no benefit to their
States.
Outlook for a Seaway
changed radically in the past
few years:
. The c an a dian business
boom enabled Ottawa to say
it would build the seaway
alone If the United States did
not care to participate. This
caused concern among Ameri-
can officials who wanted the
United States to have a voice
in the layout and the operation
Of the project.
. Development of iron ore
deposits in Labrador added to
the desirability of the seaway.
. President Eisenhower
pushed the seaway as a vital
defense project.
Indications that the tide had
turned in favor of the seaway
were strong early last week
when Senators Smith of New
Jersey and Kennedy Of Massa-
ehusetts came out for the sea-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24
Review of the Week

heard explanations. and be-
fore the Far Eastern political
conference had ruled on their
fate. So said the Communists.
But the men knew that the
United Nations Command mad
accepted 21,700-odd Chinese
and North Koreans from
South Camp. The Chinese al
ready were on their way to
FormoSa. where most Of them
would join Chang Kai-shek's
armies or start life anew as
civilians.
Most of the Koreans were
joining the Republic of Korea
armed forces. A few were find
ing their families in joyful re-
unions at the Seoul railway
station.
The Communists were wag-
ging their heads and claiming
that this "unilateral" release
of prisoners had wrecked"
the armistice. But the Reds did
nothing to stop It. Nor did
they break off attempts to
convene the Far Eastern po-
litical conference.
It was hard for the men who
stayed in North Camp. as they
watched food supplies dwindle
and scarce flrewood go up in
smoke. to be patient, or even
to believe in their new Com
munist friends. Probably the
predominant mood was be-
wilderment. Camp discipline
was still strong, however, and
there was less likelihood
now that the neutral Indian
guards had left-that anybody
could strike out south by him.
self.
In Washington. meanwhile,
the Pentagon made ready to
discharge the. turncoat SOL
diers in absentia, under con-
ditions other than honorable"
Victory for West
And the Defense Depart
ment'S Judge Advocate Section
pondered with satisfaction the
new precedent which now had
been nailed down for all the
world to see: Forcible repa-
triation of prisoners of war
had been repealed as a rule of
war. From now on. prisoners
would have the right to choose
to stay withsthe enemy. or at
least to refuse to go home.
This new enticement to de-
lection. 1t was widely felt.
would work to the benefit of
the free world. Persons in
Communist countries, espe-
cially in Communist armies,
have more to run away from
than the people of the free
world.
Best proof Of this was the
lop-sided score in Korea. BY
the Indians last count, the
Reds lost 21,809 defectors to
the United Nations $40. That
was CPL victory for the nom
Communist world.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24

lion in addition to the SO mil
lion. However. this would not
be anywhere near full pay
rnent" for water used by the
Federal Government. Actually
the cost of this service supplied
by the city is about 81 million.
Nor was this the language
Budget Bureau and District
officials previously had agreed
upon. Their draft called for
payment in full for the water
(for which Uncle Sam has
been paying 81 million an
nually) in the amount of about
an additional million.
Apparently in the editing OF
the message the original
language was changed. But
the meaning should be 81 mil
lion in addition to the. 81
million already being paid,
or a total of 50 million.
X X Il
Area Spending Plans
The Districts $141.2 million
budget-lacking any construc-
ton items in the general fund
because of the works program
was a pretty drab affair.
In the Federal budget esti-
mates, however, there were
several items of area interest.
There was the proposed 81
million expenditure in flood
control at Bladensburg Peace
Cross. This long-needed prof.
ect has been delayed because
Maryland was loath to act be-
fore Federal money was made
available.
There was the proposal to
take the operation Of the Ma
tional Airport away from
Civil Aeronautics Administra-
ton and put it under a cor
poration. This apparently is
in furtherance of the feeling
that an agency which controls
airports should not be operat-
ing one.
Speaking OF aIrports, no
money was made available to
convert Andrews Field to civil
ian use. With the Government
giving up on the Burke site,
everything is about back where
it started on the issue of a
second airport for the city.
You can bet Baltimore is
happy. They've always plugged
for use of Friendship Air
port there as a secondary
landing field for the Capital.
Howard University and CAL
laudet College both got alloca-
tons for building projects.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-01-24
Congress

TINE SENATE had not
l. planned to debate the
Bricker amendment last week,
but the Republicans were so
eager to get at each others
parliamentary throats that
the bill became a major topic.
It was almost entirely a
Republican show. Democrats
did little more than heckle.
BY the end of the week it
was clear that both Republic
can factions were standing by
their slogans Of mo COM
promised"
On one side was President
Eisenhower himself and his
legal advisers from the State.
Defense and Justice Depart
ments. They insisted the eff
feet Of the Bricker constitu-
tional amendment would be
to hamString the Executive IN
his conduct of foreign affairs.
Senator Wiley. chairman OF
the Foreign Relations Com
mittee, led the administration
fight on the moor last week.
Leading the other forces
WAS Senator Bricker, Repub-
lican, of Ohio. In a letter to
his fellow Senators last week.
he said the President was
''misinformed'' about his pro-
posed amendment. 1t would
merely keep the President, he
said, from writing into law
through treaties or executive
agreements" acts which would
be unconstitutional If passed
by Congress.
There were indications last
week that the administration
point of view was gaining
favor. Senator Bush, Repub-
lican, of Connecticut said he
was withdrawing his support
from the amendment. Several
others said privately they
would do the same in view OF
the Presidents stand. The
bill, which will be debated
further this week, will need a
two-thirds majority in both
House and Senate for passage.
then ratification by three
fourths of the States. 1t will
not need the Presidents sig
nature, however.