davidaulloa/AmericanStories huggingface dataset:
Evening star., 1954-08-08
New York Cotton

NEW YORK. Aug. ~R.-Cottcn fu-
lures prices rallieds after early softness
this week and finished in the plus col
Active futures contracts traded on
the New York Cotton Exchange scored
e bse se se anssa rte ssom mos. ms
tant deliveries made new lift-of-contract
:, Several factors combined to give the
traders that the 1855 cotton crop win
be supported BY she Government At the the
even II Congress approves q program
Of flexible price supports.
Builish sentiment was also encour-
wide area Of the cotton belt where
rain is badly needed.
Selling earlier in the week was spurred
Ss Light ssdsinE .sn. and
h sive. hoSeser. @ NJ Most Traders maI chose e''s to
sit on the sidelines pending announce
ment of the first oficial forecast Of
Private estimates pointed to a prob
able Government forecast of about
IL .25O, 900 bales. This would compare
with the 16.465,ooo bales harvested last
biggest factor in the expected de-
cline, traders said. was q cut Of $780,
o0S Also. s't the " pointed s out, the average
than the record 324.2 pounds per acre
achieved last year. Present indications
point to an average yield of 302 s.
pounds. This would still be the third
With the new loan rate at 10 spot
markets estimated at 1894 cents q
pound. the New York Cotton Exchange
service bureau stressed that the average
price Of middling ii-inch cotton at the
10 markets at the close Of the week
was 91 points t0.91 Of cent? above
the estimated loan figure.
BY contrast. the service bureau re-
called, the average price In December,
1883. was so below the loan rate at
Evening star., 1954-08-08
Chicago Livestock

CHICAGO, Aug. z R.-Hog prices ad-
yanced this week. particularly in the lat
ter part of the period when receipts fell
to the lowest levels since spring. For
the week, receipts were down aoout 10
per cent from both the previous week
and a year ago.
the largest for any week since January.
big proportion of the run consisted of
fed cattle grading god and better. Steers
and yearlings were weak to 10 cents
being the lowest Tor that day in more
than q year.
Heifers finished steady to 20 cents
down Sy COWS 90 cents o., to 81 o9 lever 10y r.
. fUsDA}Nsalable hogs. 1900; total
1000 testimatedl; compared week. aso;
lighter l .O0-1 .25 higher; heavier BUTCH
ers 1.25-1.75 higher; sows 1.25-l so
higher; top for the week was 24.00.
made MAJ on on Friday; At the close most choice
lots choice No. ! and No; Is 2oo-2l5 10.
ss3so.Sa s:, 80 90; 1so-1s9 y. so; ;oo-es a5:
weights 20.00-21 90; larger lots 425-
500 Id. 15.0O-17.25.
Salable cattle 200 testimated), total
ter ter steers and yesrlinss ing ~ weak to Is
lower compared last weeks close: choice
and prime Grades mostly 50-75 of;
oaer hssrs itssdy s decline ss 5 lover 5
creased numbers light southern cows and
one load from virginia: bully fully, so
lower: vealers active. 1.0o-3.0Q higher;
higher compared late last week and as
IS Zoo ssoye esTly last ssa week
$500, loves. for the day in more than
= year . early ri :, bulk choice and o prirSe m
sseeIS' So rs ou,26; 90 late oIlx 200 23s9e
is. i'y weishts included at 25.s5 and and IS. 80:
choice to prime S50-lb, steer yearlings
Late .,. sn: mSs Eood to
good grades I3.O0-Is.5o; load price
I299-lb. mixed steers and heifers.; 26, so:
oyer 900 0-lb, heifers and mixed yearlings.
EsS eSoee & atsh aS shHfs Sesrs as
3,25. usually carrying and end Of prime
grade; late sales utility and commercial
eSSs eSn.r. ana cutter, %sny rossS Al
commercial bulls. ii.so-i4.Ss; few good
ssvy asd easeT ssed bas ss, T sa Hw q sT
choice fed yearlings bulls reached 5000:
good and choice veaiers, II 90 1900;
few few 10 loads he's hieh sood ifss ans choice 500
| S50-lh. stockers ana feeding steers.
| 2G.00-21 .35: medium and good stockers
and replacement steers mainly 1900
| 1900
Salable sheep 100 testimatedl: COM
pared week ago: slaughter lambs grad
| ing and better, l.00-l 30 or more lower;
other grades uneyenly weak to- .0u
lower; yearlings mostly 40 lower;
slaughter sheep mostly steady; early in
| the period q package of choice. and
prime hish Welding native spring lambs
time good to prime, mostly good and
choice. lambs buiked at l9.00-2l so;
lambs lam had M to e sell at os is s.tSS@2o'So o. with
packers limiting their purchases to
1850 down: on the close most Gull to
tremeiy liEht thin lambs as low As
| 1000; good to mostly choice yearlings
weighing 90-100 lbs. largely 14.50.l6.0 90
| and load Of choice and prime 90 ID.
choice and prime 1I5 lb yeariines II so:
Gull TO. mostly good slauehter ewes $50
400: few choice handyweight ewes 500.
Evening star., 1954-08-08
Chicago Gruin

ks keeAao HoeE coaster aSs rdss eeSd hsR. Shs
1Ssae dSSs' punssd ss Il i to :oyssf' s mi:
and were the feature. Of grain dealings
on the Board Of Trade.
managed ps.s r. 70 score sans ain Of
ever. sold of. although not with the
dramatic emphasis of soybeans.
s q oF'it ia so s esns IN sSa
previous week. Inasmuch as the mar
gip On new crop soybeen futures is
have. made it possible for person to
double his money one week and lose
all Ct II the next. ~ -,
corn. 29 9-6N lower. oats 1as-1A lower.
rye s-1h3 lower and lard z cents lower
to 37 cents q hundred pounds higher.
madness in soybeans. although = casual
Ing 1t. They had advanced for several
because Of hot. dry weather which was
3 e Beams Be 5sdSsnf n h
the weather, And there was. over
1Rc MdWss5 Ssv tina, That broke sSy6eans the
moisture was was received t d in VS different Sec sec:
tions oI the soybean Belt on several
ThsS there was thu, e, regular monthly ,az y
Francis /. Dupont & Co. watched closely
in the grain trade as forerunner of
what the Agriculture Department crop
report will show. Mr.. Calvin estimated
the crop at 81 million bushels.
While this was down appreciably from
Mr.. Galvin's tentative estimate of
around $50 million bushels month
sst gain s eVef the ses niion
bushels produced last year. And new
crop s6ybeans at this time last year
were selling at around S2.46 to $3.50
WRest;s comparative nrmness reflected
surprisinSly low estimate of spring
wheat production by CALVIN and pick
up in spring wheat nour business. There
also were growing reports of rust dam
age TO wheat In payts OF Canada.
Oats followed corn lower and rye
vas upset BY the generally weak tone
OF the rest OF the market Nearby lard
futures turned strong - lard stocks ct
chicago declined further between July l
and August l..
Range Of prices for the week:
Evening star., 1954-08-08
Business Briefs

! ASAVtVk outRut AdOJ
week totaled 120,392 cars and
trucks compared with 1882 in
the previous week.-Ward's Au-
tomotive Reports.
Crude Petroleum Stock, do
mestic and foreign, on July 81
totaled 279,744, 900 barrels, down
141 900 for the week.-Bureau of
Mines.
s. S. Kresge Co. July sales to-
tailed $24,5l9,953, down 1.1%
from 1858; for Z months. $751;
107.721, down 1.1% from 1858.
J. J. Newberry Co. July sales
totaled $14.221.386. up TO from
1858; for Z months. $87. 1868, ,301,
up 2.9%o from 1858.
Butler Brothers July sales to-
tailed $11.434,211, down SO
from 1858; for 7 months SGT ,397.-
391, down 2.9Po from 1853.
McCrory Stores Corp. July
sales totaled $7.737,74 down
1870 from 1858; for Z months
$50, ,443.442. down 1879 from 1858.
Mcclellan Stores Co. July sales
totaled $4,771.763, up 4.6% from
1858; for 6 months $26, 1872 TIC,
down 2.2P5 from 1858.
Consolidated Natural Gas in IL
months ended June 80 earned
$19,422.523 or $5.27 a share VS..
$13.955, 1886 or $2.79 in 1858.
National Dairy Products in 6
months ended June 80 earned
$1S,96O. 400 or $2.82 a share VS..
$15.862,833 or $2.40 in 1858 Pc
riod.
Ohio Power Co. in IL months
ended June 80 earned $13. .686, ,002
or $38.84 preferred share VS..
$13, $50, ,289 or $44.83 in 1858.
Appalachian Electric Power in
IL months ended June 80 earned
$12,922, 800 or 1851 a preferred
share VS.. $13.OO6,756 or $3.50
in 1858.
Studebaker Corp. in 6 months
ended June 80 had loss of
$8,925, 900 VS.. earnings of ST.
366388 of 81 a share in 1858
period.
National Fuel Gas Co. in 6
months ended June 80 earned
$5,743.483 or $1.51 a share VS..
$4.161 ,651 or $1.09 in 1853 period.
New England Tel. & Tel. Co.
In 3 months ended June 80
earned $5,730,216 or 1924 a
share VS.. $4,547, ,691 or $1.78 in
1853 period.
Magic Chef, Inc, In 6 months
ended June 80 had a loss of ST.
414,866 VS.. earnings Of $162, ,238
or 80 cents share in 1858 Pc
riod.
Gen. Outdoor Advertising in
8 months ended June 80 earned
81 1,269.807 or $2.02 q share VS..
sl,2ss,lo7 or s2.o5 in 1858 Pc
riod.
.Bigel0w-Sanford Carpet Co. in
6 months ended June 80 had a
loss Of $174,000 VS.. earnings of
$2,104.337 or $2.03 share in
1858 period.
Eastern Air Lines in 6 months
ended June 80 earned $1,484,-
848 or SO cents a share VS.. ST.
482,313 or 81 in 1858 period.
MOtorOla, Inc, in months
ended June 80 earned $1,214,-
217 or SO cents o share VS.. ST.
466.471 or rs cents in 1858 pc
riod.
Evening star., 1954-08-08
Tobacco Markets

UPPER MARLBORO, Md. Aus. 7 DFq.
-(uSDAl-Final saleA were held this
week on the suction market for the 1943
crop of Southern Maryland tobacco.
Around two-thirds Of the grades sold
ct lower average prices, according to the
Federal-State Market News Service. Vol
ume OF sales, was fairly heavy.
Turnover on the auction floor for the
week ended August amounted to 3,202,-
100 net pounds and returned $45.69 per
hundred. The average was $4.56 under
the previous 5-day period and the lowest
Of the year. Season sales totaled 36.033.-
S2S net pounds and averaged $53. As.
sold at the lowest prices Of the year:
Losses on some amounted to SO and 81
hundred pounds. Other declines were
mostly 81 and So.
Quality Of the sales was at the lowest
level OF the season. NondeScript and
other inferior offerings were sold in q
much larger than usual proportion.
Receipts of the Maryland Tobacco CO.
operative increased sharply. Amounting
to 2S,S of the auction sales. This was
the largest proportion of the year. Only
10 per cent went under loan for the week
before. Season receipts Of the co-opera-
tive have amount 1S.46 per cent.
Net receipts Of the Baltimore Hogs
head Market for the season were re-
ported about 100000 pounds. This,
combined with the net auction total
amounts to around SO, ,654 900 pounds.
The four Southern Maryland markets
closed for the season on the compile tion
OF sales on Friday, August g.
Evening star., 1954-08-08
Mckee Is Appointed
To Post by MiIIoy

James 8. Milloy. jr.. president
Of Milloy Advertising Inc. an
nounced appointment Of Arnold
]. Mckee as vice president In
charge Of sales. Effective imme-
diately. Mr.. Mckee, well-known
Washington businessman, will
serve in this executive post for
botD the Washington and Phila-
delphia offices.
Mr., Milloy said Mr.. McKee's
appointment is part Of the over
all expansion program the firm
has been undergoing during the
last few months.
Evening star., 1954-08-08
Trend Of Business
Mixed During Week;
Z zViewpoints Cited
By WoIter Breede. Jr.
nssontnfaA praue aueiuas. yTYr{f.,

NEW YORK, Aug. 7.-Busi-
ness trends were thoroughly
mixed this week. Whether the
overall picture was good or bad
seemed to depend pretty much
on the individual observer.
Optimists could point to a con-
tinued high level Of employment
in July, continued brisk spending
in the Nations retail stores and
q sustained boom in new con-
struction.
Pessimists could talk about
production cutbacks In the auto
industry, the Chrysler dividend
lit was sliced in half. sluggish
demand for steel and q couple OF
sharp breaks In the stock market.
The July employment figures,
announced at weeks end, lent
themselves to varied interpreta-
ton.
Government officials said 1t was
significant that the total number
OF people at work held steady
last month at slightly more than
81 million. They said it was
encouraging that unemployment
failed to show the usual seasonal
rise.
At the same time they noted
that the proportion of all civilian
workers out Of jobs (5.1 per cent?
was about double that of q year
ago and the highest for the
month in the postwar period ex-
cept for 1949.
Vacation shutdowns and occa-
sional strikes cut factory and
mill employment. The average
factory work week In July was
1914 hours, the average factory
workers paycheck $70.92-oown
.76 cents from the month before.
Evening star., 1954-08-08
WHY WALL STREET
JOURNAL READERS
live BETTER
BY q Subscriber

/ work In . large city. Over Q %.
Rod Of time / noticed that men who
read The Wall Street Journal are
better dressed, drive better cars,
have better homes and eat in better
restaurants.
Isaid to myself, (Which came first,
the hen or the egg? Do they read The
Journal because they have mora
money, or do they have more money
because they read The Journal?"
Istarted asking discreet questions.
found that 1t works both ways.
Men who are well Of have to have
the information in The Journal. And
average fellows like me can actually
win advancement and build up in
creased incomes by reading The
Journal. How do / know? Because
not long ago I subscribed to The
Journal and II has put me ahead
already.
This story is typical. Because the
reports in The Wall Street Journal
come to you daily, you get quick
warning of any new trend that may
affect your income. You get the facts
in time to protect your interests or
seize q profit. The Journal is a WON
derful aid to salaried men making
$1,000 to $4,000 q year. 1t is valu-
able to owners of small business con.
Germs. 1t can be Of priceless benefit
to ambitious young men.
The Wall Street Journal is the
complete business DAILY. Has larg-
est staff of writer's on business and
finance. The only business paper
served by all four big press associa-
tions. 1t>costs $40 q year, but you
can get Trial Subscription for thres
months for $6. Just tear out this ad
and attach check for Sc and mail.
Or tell US to bill you. Address: The
Wall Street Journal. a Broad St..
New York 4, N. Y. WS8-S
Evening star., 1954-08-08
Dividends Announced

NEW YORK. Aug. R.-Dividends
announced: - =
Rate riod. Record able
Stock
Evening star., 1954-08-08

Rates of dividends In the foregoing
table are annual disbursements based
on the last quarterly or semiannuAl
declaration Unless otherwise noted.
special or extra dividends are not in
cluded sIn bankruptcy or receivership
or being reorganiZed under the Bank
ruptcy Ant. or securities assumed by
such companies. Also extra or extras.
rae n.ie Sus = ssSss ssa nr a.ar
dividend Declared or paid so far this
year Payable In stock. estimated cash
value on ex-dividend or redistribution
date. Paid last year. b Declared or
paid after stock dividend or splitup.
Declared or paid this year, an ac-
arrears. . Paid this year. dividend
omitted. deferred or no action taken
at last dividend meeting. Declared or
paid In 1854 plus stock dividend.
y LiquidatinE dividend. cid Called. ur
Under rule 4 Ex dividend. x-dis Ex dis
tribution. xr X ftgi1fs. ~ without war.
rants. Wv with warrants. VT warrants.
Wd when distributed. vi When issued.
Evening star., 1954-08-08
D. c. Securities Transactions
PhiIodeIphio- BoItimore Stock Exchunae
tReport Compiled by ExcnanEe ofacial

Eos Or THE % % sRsHs % s gJH ssAR 1854 Or
Evening star., 1954-08-08
American Summary

tFurnished by ths Associated Press.)
A list Of most active stoeka on the
American Stock Exchange. Showing the
high. low and cl0sing prices for the week
and the. net change from the previous
weeks close.
Evening star., 1954-08-08
Commodity Prices

NEW YORK. Aug. 2 tP.-The Asso-
ciated Press index OF important COM
modify prices advanced this week for
the first time in three weeks.
The index touched 1T1.37, up from
ITO 90 a week ago. In the same week
year ago the index registered l7s 80.
Moving up were tndustriAls. food,
livestock and textiles. Lower were
grains and cotton and non-ferrous
Evening star., 1954-08-08
Bond Summary

tFnrnished b the Associated Press.l
list Of most active bonds ON the
New York stock Exchange. showing the
hish. low and closing prices for the week
and the net change from the previous
Evening star., 1954-08-08
Over-the- Counter Market

.pIus extra or exas tDecared tar year
Evening star., 1954-09-17
Schools
continued From First Page }

transferred from Armstrong
High. All other former white
high schools except Woodrow
Wilson also have enrolled a few
Negro pupils.
In February junior high grad
yates are due to enter high
schools throughout the city with
out regard to race.
Seniors Not Affected.
Students in white high schools
living outside the new non-racial
boundaries also are being given
the opportunity to request trans
fers, but it is not expected many
will seek them. Only 10th and
18th graders will be permitted
to transfer, since seniors under
Board of Education policy must
remain in present schools.
DR.. Corning said today the
possibility of speeding UP "op-
ton" transfers on the junior
high and elementary levels is
under study. but he didn't indi-
cate how good the prospects are.
Enrollments in junior highs are
tight, he said.
The superintendent blamed
the white enerollment decline in
the senior highs on what he.
termed "the long-term exodus"
of white residents from the
Capital to the suburbs. He said
he didn't feel the drop could be
ascribed to integration.
An enrolment count Tuesday
showed the senior highs with
6,0s9 white students compared
to 5.601 colored. The white stu
Evening star., 1954-09-17

to the Memorial Bridge. West
bound Constitution avenue traf-
f1c could use either bridge-get-
ting to Memorial via a new wide
arc ramp connecting with Twen-
ty-third street.
On the Virginia side of the
river. Washington-bound motor
lists would have less choice about
the bridge they would use. The
new bridge, for example, would
take motorists only from Arling-
ton boulevard, southbound lanes
of the George Washington Me-
mortal parkway and from JEFF
Davis Highway. Motorists from
the south-using Mount Vernon
Memorial highway, Shirley high
way via Washington boulevard
1sor the Pentagon roads-would
be able to connect only to Me-
mortal Bridge.
Despite its varied uses during
rush hours, the report said, Me-
mortal Bridge should remain the
major connection for the park
SYSTEM" linking the George
Washington Memorial parkway
and Mount Vernon Memorial
highway lanes from the south
to Rock Creek Park, Potomac
Park and the Mall.
Another feature of the plan
calls for a proposed "E Street
Mall" between Eighteenth and
Twenty-third streets NV. This
project, long boosted by the
planning commission, would
Evening star., 1954-09-17

force rearrangement Of several
streets in that area.
Underpasses Proposed.
For Virginia avenue, the plan
proposes underpasses at E street,
Twenty third street and New
Hampshire avenue, with a grade
separation structure at Constitu-
ton avenue.
At a closed door meeting yes
terday, the planning commission
reviewed the new plan with Fine
Arts Commission members.
Under the bill Congress passed
a month ago authorizing the
new bridge, the District was in
structed to consult with these
two groups on the bridge plans.
In signing the bill. however,
President Eisenhower said In
terror Secretary Mckay should
have broader powers to protect
the Federal interest in the
Lincoln Memorial area. The
draft of an order to give him
such powers is being written.
Evening star., 1954-09-17
Trusty FIees Virginia
Penul Rood Comp

A 6-foot, 4-inch trusty at a
Woodbridge (Va.) penal road
camp escaped today.
The trusty, a cook at Road
Camp 6, was identified as Jo-
seph Brown, Is, a tall, slender
convicted burglar from Newport
News, who began serving a
seven-year term last April. Sergt
Jack L. Ebbert, camp superin-
tendent, said Brown was discov-
cred missing at $50 am.
Evening star., 1954-09-17
| Plans for New BRIDGE
Unveiled; Delayed
BY Row Over Links
Continued From First Page.)

Continued From First Page.)
S. Brinkley of the District High
way Department; Merel S. Sager,
National Capital Parks. and
Ellis r. Price, planning COM
mission. The plan bore each of
these names.
Minority Report Not Filed.
A lengthy. written report on
the plan, however, bore only the
names OF Mr.. Sager and Mr..
| Price.
Mr.. Brinkley said he did not
participate In. writing the re-
port because he was out of town.
He said he also does not in-
dorse- -at least until the traffic
studies are made the complete
plan that bears his name.
Mr.. Brink1ey said he has pre-
pared a minority report on the
bridge design. although it was
not filed BY District officials.
The technicians' report made
two references to the Constitu-
ton avenue issue. One said the
connection is designed so it could
be easily barTicaded y during
rush hours, If traffic volumes on
Constitution got too high. The
other is the long-range proposal
for doubling the avenues width.
Details Omitted.
The report made no comment
on plans for handling the mas
sive traffic volumes. that would
use such q boulevard, or on
means of getting the temporary
buildings removed.
The report of the technici,ans
for example. said their intention
is that Memorial Bridge will con-
tinue to carry it's "just traffic
load" during rush hours. The
report said approaches to the
two bridges were so designed,
however, that traffic flows could
be shifted from one to the other
in only few minutes.
District officials have said they
are sympathetic to Federal de-
sires to keep as much commuter
traffic as possible off the monu-
mental Memorial Bridge. But
they insist that all bridge lanes
must be used to their full capac-
ity during rush hours.
The report said the plan was
made flexible" purposely to give
motorists as free rein as possible
in choosing the bridge they cross.
Some of its elements, however,
clearly link some streets traffic
to a specific bridge.
One Other Connection.
On the District side of the
river, the new spans only con-
nection aside from Constitution
avenue is a proposed north-south
expressway, running just west of
Twenty fifth street NV. This
expressway will be the western
leg of the inner belt" network
designed to route traffic around
congested central streets.
The proposal is to run the ex-
pressway northward over Vir-
ginia avenue and beneath K
street just west of Washington
Circle.
Southwark, the new express
way would follow the present
road beside the Lincoln Me-
morial's Watergate steps to tie
into Independence avenue and
Ohio drive.
The technicians said this
would require widening the
Watergate road and the arches
of the Memorial bridge. But they
favored it over other proposals,
just as costly, to tunnel under
the steps or build a new road
way over the river edge.
Virginia bound traffic on
Twenty-third street NV. and
the Rock Creek and Potomac
parkway would have access only
|
Evening star., 1954-09-17

dents are spread out in eight
schools. however, while most of
the colored students are con-
centrated in five.
The racial ratio in the school
system as a whole as of Tuesday
Evening star., 1954-09-17

was 40,582 white, 59,364 colored.
DR.. Corning's Office yesterday
said the colored total Tuesday
had omitted one junior high,
Terrell. Later an aide said the
original total was correct, how
Evening star., 1954-09-17

delicate and still somewhat rare operation hos
pitalized Charles E. Barton of Woodland Beach,
Md, last January for Is days. His combined hospi-
tai and doctor bills amounted to $1,2476O. The
Bartons paid only $3.50 Of it. Group Hospitali-
zation, Inc, (Blue Cross and Medical Service of
D. C. (Bue Shield) covered the remainder IN full.
The Bartons are enrolled under Group Hospital
izationMedica Service family contract through the
Dept. Of Agriculture where Mrs. Barton is employed.
Evening star., 1954-09-17

ever.
A new count by race will be
made next week. Officials have
predicted the school population
will climb to 100000 by next
month.
Evening star., 1954-09-17

"Bue Cross Blue Shield is the best investment we
ever made-it certainly paid off for us, says Mr..
Barton. eve would be hard-pressed to pay our
hospital and doctor bills without it"
You and your family stand in 8 chance Of
facing hospital bill within year. Find out now
how you can getlow-cost Blue Cross protection for
hospital bills and Blue Shield protection for doctor
bills Call Republic $4,000 today! Or write: S25
Seventeenth Street, NV.
Evening star., 1954-09-17


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