davidaulloa/AmericanStories huggingface dataset:
Evening star., 1954-05-23
|Top-Rafe Corporafes
And Treasury Bonds
Turn Lower in Week
By Arthur Merims
Assoeiossd Press Finaneiol Writer

NEW YORK, May 22.-Bond
market investors favored volatile
issues this week. Investment
quality obligations. including
those of the Government, de-
clined.
For the Treasury list, it was
the third successive week Of
falling prices. Speculative in
terest in corporate securities
solidifled during the past five
sessions. to the detriment Of low
yield high-priced bonds. Even
well-regarded foreign liens, those
Of Denmark and the Neither
lands. were in oversupply as the
week ended.
. Investment bankers cautiously
observed that some Of the boom
fever" evident in the stock mar
ket was seeping into the more
stolid bond market. The heavy
demand for convertible obliga-
tions was offered as proof Of
this. Bonds convertible into
common stock are in a position
to take advantage Of equity
price advances.
Most active bonds were the
recently marketed Columbia
Gas Convertible 31as, which
closed at 112H on sales of ST.
$4,000 par value. Third Ave-
nue. Railway adjustment SIS were
second most active, climbing 234
points at 25A on sales of 81, ,270,-
600 par value. Next were Sin
clair Oil convertible 3Hs up q
point at 1081a on $4,000 turn
over.
American Telephone convert
ible 324s advanced 1H points at
1914 while AT3ET 27ss, one Of
the company's few non-convert-
ible issues. lost 11a points at 81.
Similarly, Detroit Edison con-
vertible SHs jumped az points
at 122 but the utility's usually
steady 234s Of 1882 lost ia
points at 95h.
The Treasury's new 1R per
cent = note due 1859 slipped
1882 this week to close below
the original offering price on the
Ibid" side (99 1882 bid). The
30-year 3As lost 1882 at
100 2/32 bid. Victory 21as and
bank-eligible 21as Of 1967-72
dropped 1882 at 80 8/32 bid.
The gas of 1861 at 101 8/32 bid
were of 34s. which is consider
able for a Government bond.
Evening star., 1954-05-23
Riveire Named Head
Of Ordnance Group

George M. Riveire, head of the
Washington Office of Goodyear
Tire & Rubber Co.. has been
elected president of the Washing
ton Post of the American Ord
mace Association.
Other officers: Karl j. Ammer-
man. Borg-Warner, first vice
president: Franklin B. Reynolds,
WHY'S Motors Corp, second vice
president; w. James Sears, Rub
Der Manufacturers Association,
secretary treasurer; Ludlow
King, Universal Moulded Prod
ucts. representative on the Ma
tional Council.
Evening star., 1954-05-23

more money for economic aid
to our allies to stiffen their
backs against trade with Red
China.
More Debt Predicted.
It adds up to billions upon
billions. It adds up to bigger
budget deficits and to more debt.
It also adds up to an unmis-
taxable business prop.
The timetable for recession
recovery worked out in Wash
ington before the explosion Of
the H-bomb on the Marshall
Islands. the Red victories In
Indo- China and the Geneva
fiasco, called for:
Recession in early 1854: lev
eling-out in spring and summer;
moderate, healthy recovery be-
ginning in fall.
Copyright, 1854, Post-Hall synd.. Inc.)
Evening star., 1954-05-23
Produce Markets

United States Agriculture Department:
to quote. strswSerries ps Slightly stTonser
Shore. 0o 24:at: cratss. 9:0o-i :o0:o few
eisess aeS sssS snS HJ seY higasS f3oS Nearby 24at
PctstOssZNsx fla. seSagcs slightly
TsSS GfT us ssaify I y.as ssaay& a. & FL s. s1
$.15-50; gs IS. size B, 5o:lb. sacks,
A.. unS;sSsds 5sesso Main Katshdins. So-lb:
and waxed ooidens. s.a5-3 10. A'"'0
os ysTs:ts: ys5i
Nearby Y H6 24-auart crates and New. jersey.
iSiST; Asparagus-rirm. Pyramid crates,
dozen hunches: Maryland and Delaware
colossal. 5.50.6:00: extra fancy. .4.25-
sS9 fspey yv 40 New T;rsHs JsTsey .Sm sGOssa 4
buShsl hampers, z.S5-z;59 -.
sushs orda dsnz Vsisznsnss sssonsss poor
sntnss, SSS$sS; sSS'f ss% best. 's5Ss s.5o: si fair
Broccoliwvirsinia pony, crates. 14s.
Ca caSss;ss-wsake;; b. .o oGsrinss heavy;
iosss sssnd o ea4Sns crates aHS
SS HSs5 Se's virgins s; 7So1So Soq.So caf0'n1 small
c,,e! GeFnsIishsS v.d strengeE yi5ebsqnd
5-5Fs dozen. fair s: Quality. 100 s:oo:s.SS.
Cucumbers-Georgia. slightly weaker:
fsssE Sd. 0srslS :ts.dy Fair Bsshi1 aasy e'ftst
az few soO OTSSi fslF sSality SeC5s5o. zoo
busSsT EssDlsnt Baskets. Aeogt steady Florida
MushEooms-Maryland and .Pennsyl;
yania' yHd S-poLnd basket, 1.25-1.6o; small
Poultry Quotations.
Prices tended slishtiy II nf% hisheT Sn 'iys iisht
Demand soOd; Heavy type hens about
bulk Of stock moved to .dressers late
1iSpfY1 IhiyTiYGay 0r..s low as e. Trading appeared
$3.50 Sss ae Hens Hs:y, ls 'sH 70. ~
rs. few higher; mostly 21-23.
Livestock MARKETS.
Cattle compared last week: elaughter
asi1i :.S 'Ss: 30 hH9 .soe sS
Ss;$: ssS ::s.Ss:s :ss
psssd nSd.s S6 4sn D9nnd E. sSo snd
Snns cnSss crsdss but Hcyded hSys 1881
utility and commercial 7iO-I 800 pounds.
choice slaughter heiifers. sSs"7ss % bounds, ads
ss ssSs2o nSsI pSsnds st!y sd cs
pounds. II So 90; few hissh-commerc.
ss e4d.r and euG fG"' ut, III heiss an
commercial. Is. Sole. 90; Gamers and
cutters mostly 1O.00-13,00: shelly can:
rnmmAPriaI
13.5O-1S. 90; mainly commercial at is 90
up; up; few cutter bulls. -Is. -1ISs.00.13O0; One
other % sood 0 and n choice ssoi .oi4 stock. ssis.
ers. feeders and stock calves. II ;35,
Bound mcst GssSG and sS0d and aOSsa @sd
@ SsSsSs sna common 4a7is4 pCund si%
Calves compared last week. Mostly
steady: Prime ysalers mostly ranged
and % seod, is.oc-ss.oo; euiii and usilits.
Hogs compared last week. Not enough
on sale Friday to permit accurate price
previous Friday senerally steady. sows
mostly rs o. oThursdays r%s quotations ms
ao peSnds SSga5as. SSgaas IS: sOSs 'sSS:sSo aSnSio pounds.
Weisht. quality and Condition; few 1eS.
aeS peSndD D0gaaoSo IfS6iso 1tSl5se Deaad
Sounds. 2$.5o to mostly 2S.75: 400
pounds, 81 .06-2 50: 50o-55o pounds.
100000. SO; few heavier Meight. 1880
and quality. odd stays discounted 900
300. from price paid some weight sows.
Sheep COMPARED last week Receipts
largely spring lambs generally steady
with week ago. Good to prime 75-100
pounds, mostly 27.0O-30.00; largely
l07-pound old crop wooled lambs. 24.00;
few good and choice wooled ewes 500;
Gull to good shorn ewes, 3.00-6. 90.
Evening star., 1954-05-23
Business Perks Up
For Some Producers,
'Sfackens for Others
By Walter Breede, Jr.
Associoted Press Business Writer

NEW YORK, May 22.-Busi-
ness perked up in some lines
this week; slackened off in 9TH
,erS, There were faint whisper
ifigs of an upturn in steel pro-
d1ction.
al Building activity continued on
Q high plane. Auto output was
at, its highest point since mid
August; volume of freight load
ed by the Nations railroads was
the highest since November.
Signs of improvement were not
ed in demand for steel scrap,
copper and Texas crude oil.
+. Cold, wet weather put a damp
s er on retail trade in many areas
u Nbest-Selling items of the week
included umbrellas and over
shoes but the rain clouds were
r, not without silver lining. F. w.
.Woolworth Co. said sales in the
flfSt five months are expected
o to shoot past the record volume
of. a year ago. S. S. Kresge Co.
said business is expected to hit
an all-time high.
In some industries there were
continuing complaints of unem-
ployment, cutbacks and loss of
overtime. At the start of con-
tract negotiations with United
States Steel Corp, the CIO
SteelworkerS Union said it would
demand a six-hour day with
full eight-hour pay unless the
industry takes steps to overcome
Ats present unemployment cri'-
SIS"
The week just concluded, ac-
cording to the trade journal Iron
Age may have been the turning
point in this years steel opera
tions. Production was scheduled
at 10 per cent of capacity for
the first time since February,
and If recent performance is
any criterion, actual output
d should run to about II or II
: per cent.
The upturn in auto produc-
ton was pretty much confined
to the industry's "big two
Ford and General Motors.
e" New car sales are continuing
at near-record levels, but VOL
une' is being maintained at
considerable sacrifice of dealer
margins.
Evening star., 1954-05-23
ADVERTISEMENT.
. TO READERS OF
or
THIS NEWSPAPER
A Warning From The
Wall Street Journal

You bought this newspaper to read the
news and perhaps to get some enter
tainment.
~ Good! But maybe one OF the most
valuable things you will find in this
paper today is this message.
g Important changes are taking place
all over America. New inventions, new
industries and new ways of doing busi-
ness are creating new chances to earn
money and new pitfalls for the unwary.
The Wall Street Journal tells you
about these things. Because the reports
in The Journal come to you DAILY,
you get the fastest possible warning Of
any new trend that may affect your
business and personal income. You get
the facts in time to protect your inter-
ests, or to seize quickly q new profit
making opportunity.
If you think The Wall Street Journal
: l. just for millionaires, you are
WRONG. The Journal is a wonderful
aid to men making $1,000 to $50, 900 a
year. 1t is valuable to the owner of a
sruall business. It can be of priceless
benefit to the ambitious young man
who wants to win advancement and
earn more money.
% The Wall Street Journal is the
complete business DAILY. Has larg-
" est staff of writers on business and
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served by all four big press associa-
tions. 1t costs $50 q year, but you
can get Trial Subscription for three
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and attach check for $6 and mail.
Or tell Us to bill you. Address: The
Wall Street Journal, a. Broad St.,
New York 4, N. Y. w..o,
Evening star., 1954-05-23
Chicago Grain

CHICAGO. May % tP.--Endins Of
the MAY contracts disturbed both cereals
and fats on the Board Of Trade this
Old-crop soybeans and lard contracts
were particularly distressed. After the
May was out of the way, July soybeans
gave ground quickly with o net loss for
the week Of 25 cents . bushel.
Small grains made good progress, but
corn dawdled along with little movement
In either direction.
As the week ended wheat was N-1N
cents higher, corn UNCHANGED to " lower,
oats '4-1ss higher and rye " to l cent
better. New-crop soybeans were 2h to
g cents higher. while lard skidded
$1.25-4S hundred pounds lower.
Export sales Of wheat and prospects
FOR considerable more gave that cereal
q strong finish. Japan bought Q million
bushels on FRIDAY and Spain was under
stood to be ready for another million.
OF major import to the trading fra
ternity. was q Government announce
ment the Agriculture Department would
oner to commercial exporters its sur
pluseS OF corn. rye. oats and barley at
10 to. Is cents q bushel less than cur
rent domestic prices.
ANY help corn might have derived
from this. however. was balanced by ex-
ce!lent growing weather throughout most
Rye and oats strengthened as news
reports indicated there probably would
be less competition from Canadian inn
ports Of these two feed grains.
Range Of prices for the week:
Evening star., 1954-05-23

be stepped-up
m | ! i t a r y
spending for
defense and
ohenSe - and
that ov e RS
much m ore
than spending
for arms.
It will kill
whatever de-
p r e s s / o n
germs" exist
in our eco
nonaic body.
You can stop
even Thinking
Evening star., 1954-05-23
Your Moneys Worth
Arms SPENDING Seen as Business Prop
BY SyIvio Porter

A powerful additional Stimu-
liant will be injected into the &C.
onomic bloodstream of the ma
ton in coming months. It will
Evening star., 1954-05-23
Commodity Prices

NEW YORK. May az OP.-The Asso-
ciated Press average of 35 important
for the second consecutive week.
The index registered 175 0S. compared
with 174.62 a week ago and 1857 .
Livestock edged downward and non
ferrous metals remained the same. but
all other components were higher.
Evening star., 1954-05-23
N. Y. BOND SUMMARY

FURNISHED by
ehnss % s SSTi"r 1sa ss
Evening star., 1954-05-23
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Evening star., 1954-05-23
D. G.. Securities Transactions
Philadelphia Baltimore Stock Exchange Y

DEALINGS OF THE A5aE2a 5 % sEAEf re FHE YEAR 1854 Ur
Evening star., 1954-05-23
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Evening star., 1954-05-23
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NEW YORK. May 22 lP1.-National
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Evening star., 1954-05-23
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Evening star., 1954-05-23
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Evening star., 1954-05-23

ADVERTISEMENT.
Evening star., 1954-05-23
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Evening star., 1954-05-23

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The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
1900 Riddles Enjoy
Easter Egg Roll
Warren Bruins Serves
As General Choirman

1t was estimated that 1900
kiddies, all under 10 years of
age, descended on Caldwell Sat-
urday afternoon, for the annual
Easter Egg hunt, sponsored by
the Noble County Chamber of
Commerce.
Warren Bruins, chairman of the
Easter Egg roll, said that the
response from the merchants
was exceptionally good with five
well rounded bushel baskets of
eggs distributed on the court
house lawn for the children.
John w. Hazard served as
master of ceremonies for the
event and promptly at 2 o'clock,
the hunt was on when the fire
siren blew.
There were numerous prizes
this year and it is believed that
practically every child received
at least one and sometimes
several prize winning eggs.
Chairman Bruins was assisted
by other directors of the c. of c.,
in the Easter egg roll.
Lewis S. Moscrip, Jr., is presi-
dent of the Noble county organ
ization and he expressed the ap-
probation of this unit to all
merchants who made the Easter
Egg roll a success.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
BatesviIIe Juniors
Will Present plaV

eyes of Love-" a three act
comedy, will be presented by
members of the Junior class of
Batesville high school, Friday
evening, April %, at the school
auditorium. Directed by Mrs
Helen Stevens, curtain time is
800 o'clock.
The cast will include: Phyllis
Basford, Shirley Christman, Bar
bara Powell, Darrell Watson,
Beverly Flood, Annabelle Belts,
Eugene Hannahs, Hugh Hastings,
Dean Roe and Charles Carpen-
ter. Gwene Hannahs is the as
SiStant director.
The orchestra will be directed
by Miss Helen Morgan and the
vocal music by Garnet Giesey.
Special numbers will be given
by Donna Mallett, Mary Lou
Rice, Louise Neuhart, Evelyn
Giesey, Dale Starr, Joe Hughes,
Genene Hannahs, Quintilla
Mercer, Janet Williams, Emma
McGree and Marjorie Hayes.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
Ruby Caldwell Will
Appear On proqram

Ruby Caldwell, daughter of
Mr.. and Mrs. Bird Caldwell of
Caldwell, will be the featured
guest Saturday april 24) on
Strictly For The Girls" a new
radio show on WRFD (88Okc).
The broadcast, which includes
program of personal inter
views and great jazz records,
follows the p. m. news sum-
mary every Saturday over
WRFD.
Each week an Ohio girl who
has moved to Columbus tells
what job she has there, why she
likes it, and what she thinks of
the place where she works. Jazz
classics on this weeks program
will include "Cheek to Cheek
"Blue Lou and 'Adios" by Ar
Vandamme; Why Should II" anc
'Hallelujah" by Teddy Wilson
and wang Wang Blues" and
I'm the Shade of the Old Apple
Tree" by George Brunis and his
Jazz Band.
Theme for the new show is
Artie Shaw's recording of Begin
the Beguine."
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
Eight SummerfieId
Girls Will Vie For
Homecoming Honors

Eight girls have been selected
by the student body of Summer
field schools to vie for the honor
of being the Homecoming queen
at the second annual event to be
held there, June 2, 3, 4, and S.
The girls selected to participate
in the penny a vote" campaign
include Wanda Barnett, Patty
Kuhn, Janet Morris, Sally Gres-
sci, Marlene Philpot, Kathleen
Barnett, Patsy Truck and Anne
Mallett.
Sponsored by the Summerfield
American Legion Auxiliary, one
of the above girls will reign as
tn mecoming queen with two
aN above also serving as the
attendants.
All homecoming events will
be held during the four nights,
beginning Wednesday night,
June 2.
Miss Helen Meek is president
of the Auxiliary and will be in
charge of the homecoming.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
Two Injured In Auto
Accident On Route II

j. Isner, %, of Massilon, was
the driver of the car that plunged
into a culvert on U. S. Rt. 81,
three and one half miles south
of Caldwell, Friday evening. The
accident repeatedly occurred
when the auto lights suddenly
went out.
Investigations were made by
Noble County Sheriff Depart
ment and by the State Highway
Patrol.
The McVay ambulance was
called and the injured were
taken to Marietta Memorial hos
pital.
The driver suffered decorations
of his left eye. Robert Simmons
of Cairo, w. Va, a passenger,
suffered an eye injury and chin
decorations.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
Food Service Permits
Total 4S In Noble
County, Dr.. Reed Says
Leo Ebert, BeIloire,
Named Top Sonitory
Inspector For Area

DR.. N. S. Reed, Noble County
Health Commissioner, announced
this week that 48 Food Service
Licenses have been issued in
this county.
There were % full licenses
(restaurants), % licenses to
churches and schools who serve
food, and two intermediate per-
mitS Oranges, etc..
All business places, organiza-
tionS or individuals who handle
food that is sold are required
to secure State Food Service
license.
In order to get the license, ap-
plication is made at the office Oh
DR.. Reed on West street. A form
is received from the Health Com
missioner and is taken to the
office of County Auditor Gilbert
B. Long to be filled out, where
the license fees is also deposited
The auditor gives the applicant
a receipt and number. The
numbered is recorded with the
Health Commissioner.
Before the license is finally
issued from the State, examina-
ton of the premises where the
food will be sold is made by the
district sanitarian.
Leo Ebert of Bellaire is sani.
tartan for this district.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
Gas Refund Battle
Looms With Ohio Fuel

The Ohio Fuel Gas Co. defend
ed the rate it put into effect in
February, 1852, as "fair and
equitable" at its hearing before
the Federal Power Commission
in Washington this week.
Monday, the commission heard
arguments on a recommendation
by its staff that Ohio Fuel Gas
Co. be order to refund nearly
two million dollars to customers
in Ohio, that include a large
number of Noble countians.
Spokesman for Cincinnati and
Dayton told the FPC that con-
sumers of the gas company
deserve refunds on gas bill pay
ments from Feb. II, 1852, to
March l, 1854.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
Farm Bureau Young
People Plan Meet
In ZonesviIie On
Saturday., Moy 8

Young farm people from Il
Southeastern Ohio counties will
meet at the GAINESVILLE YWCA
here May 8 for a Farm Bureau
Youth Conference, it was an
nounced here today by Charles
Murphy, Barnesville, field sup
ervisor for the Ohio Farm
Bureau Federation.
According to Murphy, farm
youth from the following coun-
ties are eligible to attend: Noble,
Belmont, Coshocton, Guernsey,
Holmes, Knox, Licking, Monroe,
Morgan, Muskingum, Perry and
Washington counties. George
Skinner, Tacoma, district Farm
Bureau Youth cabinet chairman,
Is to be chairman of the con-
ference.
The one-day session will fea-
ture youth officer training and
recreation. Highlights will be a
Our World Neighbors" by Rev.
Clyde N. Rogers, Ohio Council
of Churches, who recently re-
turned from a trip to Europe and
the Middle East; and talk on
Safety on the Highway" by a
patrolman on the State Highway
Department staff here.
Instructors for the training
session include Byron Thomas,
organization director for the
Farm Bureau in Belmont and
Monroe counties; Beman Miller,
organization director, Washing
ton County Farm Bureau, Mari
eta; and Darwin R. Bryan of the
state Farm Bureau Youth staff in
Columbus, Carlyn Lang, Big
Prairie, and Francis Hart, Bel
mont, will be in charge of re-
creation.
Reservations for the confer.
ence are not necessary, Murphy
stated.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22

will be served promptly at 6:3C
p. m.
In addition to the principal
address by DR.. Elbin, there will
be a program of musical selec-
tions and readings from high
school students.
Officers for the coming year
will be elected with reports and
remarks to be made by various
members of the organization.
Supt. H. c. Secrest of the
county schools said today that
DR.. Elbin comes to Caldwell
highly recommended as a speak
er Of unusual ability.
After earning his A. B. degree
at Ohio State University, DR..
Elbin completed requirements
for the A. M. and Phi. D. degrees
at Columbia University. He be-
gan college work as instructor of
English and speech. At the age
of 80, DR.. Elbin became presi-
dent of West Liberty State col
lege, an institution that has
served the greater Wheeling area
since 1887 and now enrolls about
800 students.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
Marriage Permits
Are Picking Up"

A marriage certificate was
granted at Noble county Probate
Court last week to c. H. McCor-
mick, 80, farmer, Salesville route
l, and Ruth c. Long, q, dom
este, Ava.
Application for marriage per-
mits have been made by the fol-
lowing:
Howard A. Huck, 81, laborer,
Lowell, and Patricia H. Michael,
domestic, Caldwell route.
Herbert D. Harmon, %, farm
er, Mari, and Geneva May Flee
man, domestic, Lower Salem.
William Clay Stanton, 21,
sheet metal assembly worker,
Grantsville, Md, and Ina Mar
lene Feldner, Is, waitress, Ava.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
Quarterly Meeting To Be
Al Free Methodist Church

The regular quarterly meeting
of the Sarahsville Free Methodist
church will be held Friday, Sat-
urday and Sunday with Rev.
Paul c. Ricec, district superin-
tendent, GAINESVILLE, in charge.
The pastor, Rev. F. Randolph
said that revival meetings will
also continue through this week.
Sunday morning, they will have
communion as usually held in
connection with these services.
Services begin each evening
and during the quarterly confer
ence at 1880 O'clock.
The journal. (Caldwell, Ohio) 1934-1961, 1954-04-22
District Young Peoples
Meeting Al Dexter Civ

The Young People of the New
Harmony Baptist Church will act
as host to the Young People of
the Morriah Association of Inde-
pendent Baptist Churches on
Tuesday April q. The meeting
will be held in the Dexter City
School at 7:30 p. m.
The Young people from Cal
vary Baptist Church of Byes-
vile will have charge of the pro-
gram and have arranged very
interesting program. Young peo-
pie from the community are in
vited to attend.