davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
n. Y!Cenfra| Demand
Features Generally
Higher Market
By she A.soeius.d prs.s

NEW YORK, Feb. 11.-Heavy
demand for New York Central
at sharply increased prices today
featured a generally higher
stock market.
The buying surge in Central
came as the management of the
railroad and Robert r. Young
squared of for a proxy fight to
the finish over control Of the
valuable property.
The stock opened on q block
Of 10000 shares up ia at 70
and quickly worked up its price
to 1914. The first two hours of
trading produced volume esti-
mated at $4,000 shares.
Other railroads were in de-
Inand at gains up to a point. and
good plus signs were seen in
merchandising issues. chemicals,
electronics. motion pictures and
building materials.
Some backwardneSs cropped
out in the aircrafts, radio-tele-
visions. coppers and airlines.
Otherwise the market held
rather steady.
Among Higher Stocks.
Higher stocks included South
ern Railway. Southern Pacific,
Atlantic Coast Line, Goth Gen.
tury-Fox, American Telephone.
Allied Stores. Boeing and Cen
eral Electric which shot ahead
around 3 points at one time in
o short furry Of demand.
Lower were Studebaker, United
Aircraft, American Smelling,
American Tobacco and Interna-
tional Paper.
Yesterday after the close of
the stock market, directors of
New York Central refused to
name Mr.. Young as chairman
Of the board of the railroad as
he had demanded. Mr.. Young
resigned as chairman of c. & o.
in order to make the bid to take
over control Of Central.
Both sides vowed to carry the
situation before stockholders in
q proxy fight If necessary. There
was an immediate demand for
the stock from all sides that re-
suited in a pile up at the start
Of trading today on the stock ex-
change.
It was difficult to find sellers
willing to part with their stock
to meet buying orders until ex-
change officials matched of 3d.
900 shares at % to start trading
some Is minutes after the OPEN
ing of the market.
Spectators Seen Active.
Brokers were of the opinion
that most of the demand came
from spectators who wished to
buy now in the hope that a
proxy fight in earnest would send
the stock still higher.
One broker, who did not wish
to be named, said: IT believe
that buying today could be
traced almost entirely to public
and professional traders. When
the big boys get In there and
start smuggling it out, you'll
know It,"
Seiberling Rubber was of
sharply after directors declared
q dividend of 10 cents as against
IS cents previously paid.
A block of Is 900 shares of Ma
tional Gypsum traded unchanged
at 1884.
The American Stock Exchange
saw moderately heavy trading at
higher prices. Among firm stocks
were Bailey Selburn. Canada
Southern Oils, Canadian Mar
conf, Mining Corp. of Canada.
and Technicolor. Lower were
Claude Neon and Glen Alden
coal.
Corporate bonds were mixed.
United States Government Sc
curities in the over-the-counter
market were steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
Chicago Livestock

CHICAGO. Feb. II ~ fUSDA)-
Saisble hogs $500: market fairly active
and uneven; mostly around IS higher
on butchers with some late sales as
much 40 hifheV: sows Steadv 70 -
hisheT: most lS0-230-pound butchers
90 00-"6 50; bulk e 240-2S0 pounds
35.50-o6.O0: most oSO-39n pounds.
2i50-a5 %: bulk Sows 600 pounds
and ligh ter, II .Oa-a3 81; good clearance.
Saiable cattle $500; calves 800:
moderately active: steers and heifers
strong to so higher compared wednes-
days low close; cows fully steady; bulls
about steady: yealers. h-m: good to high
choice steers and yezTlinss. 20.00-a5 50;
commercial to low good Grades 1880
IS so; lot high good and choice heifers,
%. 00-23 90 Q load 956-pound weights,
23.25: some high choice mixed steers
and helfers. 81. 1924 so; part load good
550-pouud heifers. j $50: utility to low
good heifers. IL SOL 500; utility and
Commercial, cows. 11.o0-13.00: bulk
Gamers and cutters. a.5O-l1 Is; utility
and commercial bulls, 13.00-l5 So:
good heavy and medium weight fat
bulls, 1i00-l2.00: q few high choice
and prime veaiers. 29.nO; commercial
to choice, 1900 2S 90: bulk Gull and
utility. lO.00-16.O0.
sSalabie sheep $500: slaughter lambs
opening slow with bulk Of supply still in
FIRST hands: Q few early sales smaller
lets good to prime wooded SLAUGHTER
lambs 10 pounds down, steady to
weak 81 2000-22.5(l: q load Of good ard
choice S6-pound fan shorn lambs, 2015:
slaughter sheep steady; Gull to choice
grades, 100000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11

n a v e mead
quarters here.
H e W i ] ]
serve a terri
tory including
80 Virginia
counties. five
in Maryland
and the Dis
trict.
He has had
wide expert
ence in the
dry cleaning.
laundry and
c ! O I h j n &
fields
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11

told the Ma
tionwide Ho-
tel Associa-
ton.
B u t M r
Linn warned
that increaS-
ing popular
ity Of motels
m ay affect
t he h tie !
busin ess In
1854. He was
the principal
speaker at the
meeting. held
~ TIA GISo rlac
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
Odd-Lot Dealings

NEW YORK. Feb. IL AH--The New
York Stock Exchange reported today
these odd-iot transactions BY principal
dealers on the exchange for February 10:
Purchases of 173,39S shares: sales Of
110.o67 shares including 014 shares
aCid ehoIf.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
By William A. MilIen

There are no signs Of serious
depression. Arthur j. Linn. vice
president and controller. Hamil-
ton National Bank. yesterday
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
Metal Quotations

NEW YORK. FEB. IL GE9.-Spot non
ferrous METAL prices today: Copper.
9947-30 cents Q pound. Connections VAL
York. Zinx. GA cents y pound. East
D. Louis. In, S5tx eentS . pound,
New Xogks
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11

He has been secretary and
field investigator for the Virginia
State Dry Cleaners Board, a
post he occupied since 1886.
Prior to that. he was actively
interested in dry cleaning in
Richmond. Va. for seven years.
Auditors Meet Tonight
The Auditors Section of the
District Bankers Association
meets at the Burlington Hotel
at $50 tonight. The guest
speaker is T. Loehl O'Brien,
charter life underwater and as
sociate of the Massachusetts
Mutual Life Insurance Co. His
topic: The Bank Auditor Looks
at Pension Plans" He received
the Bernard L. Wilmer Memorial
Award for achievement in the
field Of life underwriting
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
Major Depression Not Sighted,
ID. c. Banker Tells Hotel Men

Macy & Co.,. will offer an eve.
ming seminar. one evening q
week for Is weeks, beginning
Tuesday at American Univer-
sity. 1t will deal with human
relations.
New Store Opening
Tomorrow at noon. Baron d
Meltz viii officially open its third
store at 400 Eleventh street NV.
AL Preston, associated with the
appliance field for over Is years.
will be manager.
Personnel Notes
Harold v. Carey. who holds
a law degree from George WASH
ington University. becomes q
new director Of the Belle Yer.
non Milk Co.. Cleveland, Ohio.
A former attorney with the Ma
tional Labor Relations Board.
he served as administrative as
sistant to former Senator Ma
loney Of Connecticut. From
1941 through l945 he was a
special agent of the Federal
Bureau of Investigation.
Herbert B. Brand, chairman
of the Committee on Railway
Mail Transportation. will become
director of the new Association
Of American Railroads, Railway
Mail Transportation Division.
On April the new group will
take over all activities of the
Committee on Railway Mail
transportation, except those
dealing with rates.
William O. Stellenwarf has
been named district sales man
ager for Gorton's canned and
frozen seafood products in the
Washington, Baltimore, Phila-
delphia and New York markets.
Credit Men to Meet
The first Board of Directors
meeting of the Washington As
ISOLATION of Credit Men this
year will be held tonight at
the Mayflower Hotel. Plans for
membership promotion and adj
vancing services will be discussed.
G. F. Cooper. publicity chair.
man. announced.
The first five weeks Of 1854
showed a high level of produc-
ton and sales volume of the
Fred S. Gichner Iron Works. Inc.
officials said today. They said:
1T is our view that comparative
results to date justify the fullest
measure Of confidence and OPP
timism with respect to the out
look for the immediate future"
Ad Counsel Named
R. E Beatty. president Of
AMCO Poducts Co. announced
appointment of Milloy Advertis-
ing Agency. Inc. 1911 ! street
NV. as advertising and merch-
andising counsel for all depart-
mentS. These include storm win
dows. awnings and house protec-
ton.
Dulony Announces Change
John H. Delany g. Son, Inc,
of Fruitland. Md. announced re.
organization of marketing func-
tons within a single marketing
division for both canned and
frozen foods. Roger M. Kirk. jr.
becomes director of marketing.
Analysts Form Group
The Washington Society OF
Investment Analysts were formed
last night at the Occidental Res
taurant, with c. Ford Blanchard
of the Federal Power Commission
as president. Other officers are:
vice president. Wilbur c. Dieter
Of the Union Trust Co.; Robert
A Adriance. treasurer of the
United Services Life Insurance
Co. as secretary; Henry Merritt
Cunningham. instructor in in
vestments at Georgetown School
OF Foreign Service is treasurer
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
Washington Securities

SALES.
Techt con--l00 al 90
wash Gas com-I0H at 3l5z
Pot Elec Pw COMO at I1sL,
wash Gas com--60 at 3fI.
MoooEsrd 3; Lotfrop roH--6D at 20.
] amer security d. Trust Co--3O At 35s,
10 at 35is.
POI EIee Pw $500 pfd B-3O At 49,.
Hechf eom-l0O at 23t1
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
Auditors Meet Tonight
Merchandise Festival

The r d G Specially Co..
wholesalers and distributors, 6325
Blair road NV. announced its
annual spring festival and open
house in its showroom and ware
house Sunday and Monday. The
hours will be 2 to II pm. and
the event will be held at Second
and Tuckerman streets NV.
Spring and summer merchandise
and housewares and electric
supplies will be displayed. Re-
freshments will be served and
door prizes given.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
Addresses Bankers Session

Frank NJ. Perley. vice presi-
dent and trust investment off,
Ger. American Security d. Trust
Co.. addressed the midwinter
meeting Of the trust division,
American Bankers Association,
in New York. He discussed cur
rent investment problems and
particularly his banks plan for
amortizing the cost price OF COM
mon stocks. 1t involves taking
excess income received on COM
mon stocks. above that that
would be received on bonds. or
a given rate. and setting it aside
to care for any market huctua-
tons.
Human Relations Seminar
Harold B. Wess. professor of
business administration and re-
tired vice president of r. H
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
Dividends Announced

NEW YORK. Feb. II lP,.--Dividends
announced: Pc Stock Of Pay
Rate. Rod. record. able,
Resumed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11
Dulony Announces Change

John H. Delany g. Son, Inc,
of Fruitland. Md. announced re-
organization of marketing func-
tons within a single marketing
division for both canned and
frozen foods. Roger M. Kirk. jr.
becomes director of marketing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11

r. E Beatty. president Of
AMCO Poducts Co. announced
appointment of Milloy Advertis-
ing Agency, Inc. 1911 ! street
NV. as advertising and merch-
andising counsel for all DEPART
mentS. These include storm win
dows. awnings and house protec-
ton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-11

P.irch m eor a los< lc4S lost-- v
Halstaa L. 20 1s56 1874 1914
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15
BY the Associated Press

| VATICAN CITY. Feb. Is
The Vatican radio rebroadcast
today a feebly spoken, four-min-
ute message by convalescing
Pope Plus XII. The pontiff's
voice, weak and heSitant after
his recent illness. had been re-
corded at his bedside over a
period of two days.
Vatican officials reported again
yesterday that the 77-year -old
leader Of the Catholic Church is
continuing to improve slowly.
For the first time since his
confinement three weeks ago, he
was able to leave his room yes
terday to hear mass next door
in the private chapel Of his Vat
lean apartment.
His address marked a day Of
prayer for the ailing in connec-
ton with the church's comment
Grafton of the Marian year-tte
centenary of the Catholic dogma
Of the Virgin Mary's immacu-
late conception. The recording
in Italian was first broadcast
last night. TRANSACTIONS in va
riouS languages went out over
the radio today.
The Pope spoke four minutes.
telling the sick they are pre-
cious jewels" of the church and
a valid source of spiritual ener-
gies." A Vatican radio Spokes-
man, the Rev. Francesca Pelle-
grino, read the rest of the 10
minute address. then the Pope
gave the final benediction.
The pontiff said he wished to
gather all the sick under the
loving protection of the COM
mon Mother, the Immaculate. to
surround you with our charity
and of all The faithful who pray
for you"
How we desire to pass among
you," he said, drying your tears,
bringing comforts, healing
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15
franciscan Buzuor
To Aid Arub REFUGEES

A four-night bazaar to aid
some 100000 Arab refugees in
the Holy Land will be held
Wednesday through Saturday at
Pilgrimage Hall of the Francis
can Monastery, Fourteenth and
Quincy streets NE.
The Third Order of st. Fran
els, Mount st. Selpulchre Fra
ternity, will sponsor the bazaar
with the embassies Of various
Near East countries.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15
VA Opens 9Th Contest
For Patients Writings

The Veterans Administration
has announced the opening today
Of its eighth annual writing con-
test for patients In VA hospitals.
Sponsored by the Hospitalized
Veterans Writing Project, the
nationwide contest closes April
is.
Veteran patients may submit
entries ranging from short stories
to plots for novels and from
poetry to full length stage plays.
Among the judges who will Sc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15
Pope,s Brief Message to Sick
Rebroodcost by Vdticon Radio

wounds, restoring vigor and
health"
Reading for the Pope. the
Father Pellegrino urged the sick
not to rebel against their plight.
He added:
your sacrifice. united with
that of Jesus, will bring back
many sinners to the Father;
many without faith will find the
true faith; many weak Chris
tians will receive the strength to
witty wholly the doctrine and
the law of Christ"
"And, in the day when the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15
Father Purente to Lecture

The Rev. Pascal Parente. pro-
lessor of mystical theology at
Catholic University. win talk on
Theresa Neuman, Modern Mys-
tic" at 7:45 pm. Wednesday in
st. Patrick's Hall. 924 G street
NV. Paul A. Neuland, former
Deputy State Commissioner for
Bavaria, also will address the
gathering.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15
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Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15

The mems club Of Gorsuch
Methodist Church will have an
oyster and ham dinner from 4:30
to 1880 pm. tomorrow in the
church, HOS Fourth street S.W.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15
ADVERTISEMENT.
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Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15

mystery Of Providence shall be
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Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15
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Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15

lect winners of the $4,000 worth
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Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-15
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Evening star., 1954-01-14

the NNRC could not agree with
the United Nations contention
that failure to convene q Ko-
rean peace conference has no
bearing on the release date for
the prisoners.
He said the NNRC "can not
agree" with the u. N. contention
that the armistice agreement
timetable for release of the
POWs is SO definite that it even
rules out any possible agree
ment between the two sides for
holding the POWs after that
date
The U.N. command, mean
while made plans for release Of
the more than $4,000 Koreans
and Chinese who refused to re-
join communism.
Test runs Of truck conveys
from the neutral zone to Ascom
City. a staging area near the
port OF Inchon. were to start
Monday. |
1t was planned to house the
$4,000 Chinese POWs at Ascom
City. then load them on landing
craft for Formosa. the Chinese
Nationalist island.
Evening star., 1954-01-14
Reed Plans HEARINGS
On Social Security
Bills Early in March

President Eisenhower's social
security program will be the SUBJ
jecr Of public hearings by the
House Ways and Means Com
mittee early in March. Commit
tee Chairman Daniel Reed said
this afternoon.
Congress gave a generally cor
dial reception to Gen. Eisen-
hower'S proposals.
Summed up, the reaction
among key legislators apparent
ly was:
l. Congress certainly will en-
act some new legislation in the
field.
2. The pattern may not fol-
low precisely the lines laid down
by Gen. Eisenhower, but will
embrace many of his ideas.
Introduces Two Bills.
Mr.. Reed introduced two bills
Immediately after the reading of
the Presidents message in the
House.
Mr.. Reed explained the bills
embody all the proposals made
by the President. He, described
the program as a comprehensive
plan containing numerous basic
improvements in the present
social security system.
"One bill contains the recon-
mendations with respect to the
old-age and survivors insurance
program and the other pertains
to the public assistance pro-
gram" Mr.. Reed said. These
recommendations represent a
broad program of increased pro-
lection for more of our people.
'People Have Vital Stake"
''The American people have a
vital stake in this legislation" he
added. 1T provides substantial
increases in retirement benefits,
both for those already retired
and for those who will retire in
the future. It provides substan-
tial increases in survivorship
benefits for the greater protection
OF the loved ones Of deceased
workers. These significant i'm
provements are accomplished
within the framework Of the
existing system"
Mr.. Reed said his committee
would take up the social security
measures as soon as it completes
its current meetings on a gen.
eral tax revision bill.
Evening star., 1954-01-14
u. S. viii Accept Release
; Days Early Reluctantly

American officials said today
the United Nations command
would accept return Of unre-
patriated Korean war prisoners,
beginning January 20. as pro-
posed by Indian guards.
These officials indicated, how
ever, they would have preferred
that Indian troops maintain
custody of them until the dead
line at midnight January %.
Meanwhile, Gen. Matthew B.
Ridgway, Army chief of staff.
said serious consequences"
could follow a premature re-
lease Of the prisoners. He made
the statement at a Senate For
eign Relations Committee hear
ing on the mutual defense treaty
with Korea in answer to a ques-
ton by Senator Knowland, Re-
publican. of California;.
Gen. Ridgway said he would
Evening star., 1954-01-14
India to Turn POWs Back
Both Sides Three Days Early

most captives never were inter.
viewed. Gen. Thimayya said the
Indian decision was reached be-
cause the terms Of the armistice
for reluctant POWs had not been
carried out.
He added that the POWs must
be returned to their captors be-
cause the allies and Reds cam
not agree on extending the neu-
trail commissions custody over
them.
Gen. Thimayya. in his letter,
told the allied and Red COM
mands:
Il. as chairman and executive
agent of the commission. have
come to the conclusion that the
only correct and lawful and
peaceful course open is to re-
store. the prisoners to the Gus
tody Of the former and respec-.
tive OBTAINING side immediately
prior to January %. 1854"
Although the Swiss delegate
agreed to the prisoner return, a
Swiss statement of objection
said the captives should be re-
leased as civilians instead Of
prisoners.
The Swedish delegation OBJ
jected to Gen. Thimayya's fire.
quent use OF the word commits
sion, saying that implied the en-
tire commission was backing
him, whereas. the Swedes said,
the letter represented only Thi-
mayya's views.
Wording Of Letters Differs.
Although the substance was
much the same. the wording of
Gen. Thimayya's letters to the
two commands was different.
The Thimayya letter to the
Reds gave two additional reasons
for turning the non-repatriated
POWs back to the capturing side.
/. He told the Communist COM
mand there was no reasonable
prospect" that a Korean peace
conference would be convened
before January %. the POW re-
lease date specified in the armi-
Stice.
2. He also told the Reds it was
impossible" for the NNRC to
prolong its own life and opera
tions beyond February % te-
cause of the disagreement be-
tween the two commands on ois-
position of the non-repatr!ated
prisoners.
'The custody Of the prisoners
must cease on January %. 1884"
Gen. Thimayya wrote the Reds,
land the dissolution of the com
mission itself must occur on or
before February %. 1854. in the
absence of agreement between or
with the two commands for its
continuance.
Gen. Thimayya's letter said