davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-04

The wonderful, casual look of textured
barkcloth-the wonderful fit of truly fine
ready-made covers. That's what you get
in these handsome slipcovers. All styles
have reversible seat cushions, cord welting
and deep ruffled flounces Concealed ad-
justmentS give contoured fit-make them
easy to put on or take off. Mix or match
decorator colors to blend with your decor.
Smoke Grey Leot Brown Forest Green
Berry Wine Persimmon Antique Sold
Rou,bIer Rose Turquoise
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-04
HIDE-A-BED COVERS

Lowson 2-cushion style designed
so thot they do not hove to be
removed when bed is opened.
B coloTs A.98
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-04
STUDIO covERs
Three-cushion style with 3 zip
pered cushion covers. Choice Of
8 coIors ---------I@.y6

DAVENo COVERS
Designed so thot they DO not
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Evening star., 1955-03-27
Exclusively Yours-' BETTY BE-
StweIs to Attract Highest Brow intellectual Group;
Brig. Gen. Tony BddIe Denies Political Aspirations
b
BETTY REALE

she heard that the Nelson Gal
cry in Kansas City was look
ing for a David, and she pro-
duced it from the walls of a
French chateau. The Kansas
City museum paid a six figure
sum for the portrait Of the
revolutionary beauty, the
Countess de Langeron, and will
announce the. acquisition this
week. Now Mary has given
real estate back to the Indians
who owned it in the first place.
The Norwegian Ambassador
and Nine. Morgenstierne gave
a dinners the other night for
the social lion Of 1855. Who?
Speaker Rayburn, match. The
popular 73-year-old Texan
dimes out more often than a
debutante. That's the official
whirl. Mrs. James Richards
said their invitations have in
creased 100 per cent since her
husband became chairman of
the Foreign Affairs Commit
tee. Assistant Secretary Of
State George v. Allen was
there, said he didn't know how
the Yalta papers leaked to the
press.
Brig. Gen. Tony Biddle tried
to Suash some Of the rumors
going on about him. About to
become adjutant general Of
Pennsylvania Ike's h o m e
State now) In q month or six
weeks, Tony said he's not plan
ming to step from that job into
politics. White House sources
think he eventually has In
mind q Democratic seat in
Congress. "Taint so, says the
ex-Ambassador. When he
quits his post as political and
protocol adviser to Chief of
Staff Gen. Matt Ridgway, no
body will take his place. Gen.
Ridgway, who retires this sum-
mer, hasn't yet decided which
offer from private business he
will take.
Evening star., 1955-03-27
Married in
St. Johns

st. Johns Episcopal Church,
Lafayette Square, was the
scene of the recent wedding
of 1t. q. g. Mary Jose
phine Goggin, U. S. NJ, daugh-
ter of Mrs. Walter John Cog
gin, to Mr.. Ebert Erskine
Hopkins of Birmingham, Ala.
The Rev. DR.. c. Leslie Glenn
performed the ceremony.
The bride was given in mar
riage by her brother, Mr.. Wal
ter Benson Goggin. Mrs. Dana
L. Baldwin of Marschfleld,
Mass, was matron of honor
and Miss Judith Ann Goggin
of Falls Church was brides
maid.
Mr.. Lurie Dawson Gore of
West Long Branch, N. j., was
best man and the ushers were
Mr.. Richard E. Whitehouse of
Arlington, Mr.. John Vance of
this city. Mr.. Dana L. Baldwin
OF Marschfleld, and Mr.. Dana
L.. Baldwin. jr.
Mrs. Hopkins is a graduate
of the College of Practical
Arts and Letters of Boston Uni
versity. She made her debut
at the Debutante Cotillion in
Boston. Mr.. Hopkins is a
graduate Of the University Of
Alabama and received his
MS. In chemistry from Ala
bama Polytechnic Institute.
The couple will make their
home in Buffalo.
Evening star., 1955-03-27
Married in
Drexe| Hill,
Pennsylvania

Miss Doris Esther Butter
worth, daughter of Mr.. and
Mrs. Walter w. Butterworth,
was married yesterday to Mr..
Dale Alan Wright, son Of Mr..
and Mrs. Waldo M. Wright of
Amarillo, Tex.
DR.. w. Galloway Tyson per-
formed the ceremony in the
Broad Street Memorial Meth
odist Church in Drexel Hill, Pa.
A reception was held following
the ceremony at the Merton
War Tribute House.
The bride, given in marriage
by her father, wore a gown of
ivory taffeta with a fitted bod
ice appliqued with roses of silk
and French lace. Her veil was
held by a small pearl-encrusted
crown and she carried a cas-
cade arrangement of gardenias,
stephanotis and orchids.
The brides sister, Mrs. WAL
lace Chafe Of New Haven,
Conn, was her matron of
honor and the attendants were
Mrs. Thomas Harris of Upper
Darby, Pa: Mrs. Andrew Will
liams of Havertown. Pa; Mrs.
Richard Tallant of Whining
ton, Del; Mrs. George Weber.
Miss Marjorie Wheatley and
Miss Margaret Kranz.
Mr.. James Skidmore was
best man and the ushers were
DR.. Norman Davidson of New
York, Mr.. Millard Brown, jr.,
Of Wilmington, Del; Mr.. Ar
thur Henne, Mr.. George Scholl.
Mr.. Harley Roberts and Mr..
Donald Watson.
The bride was graduated
from Mount Holyoke College.
The bridegroom is a graduate
of Carnegie Institute Of Tech
nology and George Washington
University Law School. He is
currently practicing law here.
After a wedding trip, the
couple will make their home
In Alexandria.
Evening star., 1955-03-27

political VIPs. They spell power
and power makes everybody
quiver and if everybody quiv-
ers, your party is a success.
There are no two ways about
it. The social lions of Wash
ington are the big wheels of
Government.
But who is it that the great
Sitwells, who changed the
standards of England's cul-
tural tastes, want to swap ideas
with in the privacy Of their
hotel suite here? It's refresh
ing to hear.
Dame Edith has called from
New York to list the highbrow
handful she and her brother,
Sir Osbert Sitwell, would like
to receive late on the evening
of the 30th. 1t will be a very
small gathering indeed, strictly
literary, and probably the most
illustrious one in the field of
the arts to every assemble in
one private room in Washing
ton. The SitwellS haven't even
met one or two of their future
guests but they know them ex-
tremely well through their cul-
tural accomplishments. These
are the people they asked for:
M. d. observation-disclosures
of the most literary women in
all Washington and wife of the
Dutch director of the World
Bank, Daaniel Crena de Iongh.
Among other things, she trans
lated the works of the German
poet Bike and she tran
scribed Bach's art of Fugue"
for string quartet with Ameri-
can composer Roy Harris, re-
sulting in one of the great con-
tributions to musicology. She
also founded with her first
husband. the late w. w. Nor
ton, the noted Publishing Co.
Of New York.
St. John Perce or in real
life Alexis Leger-considered
by many to be the greatest liv-
ing French poet who left
France for reasons stated in his
poem, Exile" and moved to
Evening star., 1955-03-27

great brains in America. now
writing a theory of jurispru-
dence; Federal censor of paint
ing and literature and general
counsel and secretary of the
National Gallery.
Katherine Garrison Chaplin
(Mrs. Francis Biddle)-poet
and playwright whose works
the visitors know well includ-
ing her last volume. Plain
Chant for America" Mr.. Bid
die, who's written books on pol
itical and legal theory and is
now writing his memoirs, was
also invited but he will be out
of town.
DR.. Etienne Gilson-Canada's
leading philosopher and his
torian, who currently is giving
the A. w. Mellon Lectures on
Fine Arts at the National Gal
cry on six successive Sundays.
Robert RichmGn-poet and
critic of literature and art;
taught English at the Univer-
sity of Michigan for nine years.
retiring at the age of 30; IL
terary editor of the New Re-
public for three years; founder
of the Institute of Contem-
porary Arts here in 1947 under
whose auspices the Sitwells
will give readings Wednesday
and Thursday nights.
X II 4 II
While still in the high class
ong-haired department, it's
worth noting that a new Goya
has come to Washington. One
of his more fantastic products,
a sort Of earthly rendition of
the temptation of St. Anthony
that was painted for Don Car
los de Bourbon, brother of
Ferdinand VII of Spain, it is
temporarily hanging in the
home of Mrs. Coggeshall Kuhn.
Like 10 per cent Of the attrac-
tive women in Washington,
Mary used to be in real estate,
but quite by chance last fall,
Evening star., 1955-03-27

Edith; now working on a
volume Of sea poems.
Duncan Phillips - regarded
by the Sitwells, who introduced
modern painting, sculpture and
music into England, as having
the finest collection of mod
ern art in America phillips
Gallery. They are also &C
quainted with his books on
criticism. Mrs. Phillips who
will be there, too, has q cur
rent exhibit Of paintings at
the Coreoran.
Huntington Cdirns-one Of
the leading philosophers and
Evening star., 1955-03-27
Miss Edwards
Is Engaged

1t. Col. and Mrs. Charles
William Edwards of Arlington,
formerly of junction City.
Kans., announce the engage
ment of their daughter Char
lene Ann to I'd 1t. Leon David
Gladding, jr.. son of 1t. Col.
and Mrs. Gladding of Spring.
field, Mass. The wedding will
take place in Fort Myer Chapel
on July 2.
Miss Edwards studied at
Robert College in Istanbul,
Turkey, and is now attending
Stephens College. 1t. Gladding
studied at Robert College and
is now on duty with the United
States Air Force as a jet pilot
at Luke Air Force Base In
Phoenix, Ariz.
Evening star., 1955-03-27
CoryScotesS Sets
Wedding Date
In July

Judge and Mrs. Conway II.
SHIELD, jr., of James River
Drive, Observation-Disclosures
announce the engagement of
their daughter Elizabeth Susan
to Mr.. Cary Malcolm Scates
son of Mr.. and Mrs. Malcolm
Scates. A July wedding is
planned.
Miss SHIELD was graduated
from st. GATHERINGS School in
Richmond and Is at present
attending the College Of Will
liam and Mary,
Evening star., 1955-03-27

papers. b u t
try to raise
money for a
C u | t ur !
center for
t h e Capital
of the great
e st Nation
a n d S e e
w n a Z nap
pens.
To give e
par t e S of
di stinction,
a Washing
on hostess
zG =
Evening star., 1955-03-27
Beatrice
Macarthur
Engaged
Mrs. Littlefeld Macarthur

Mrs. Littlefield Macarthur
announces the engagement of
her daughter Beatrice Ash
mead to MIR. Georges Spencer
Thenault. Miss Macarthur is
the daughter of Mr.. Bowman
McCalla Macarthur.
The bride-elect is the
granddaughter of Mrs. Ar
thur Macarthur and the late
Capt. Macarthur. U. S. N. and
of Mrs. w. L. Littlefield of
Lake Worth. Fla, and the late
Capt. Littlefield. U. S. N.
She Is a graduate of Hol-
ton Arms School and attended
the Sorbonne in Paris. She is
a member Of the Junior League
and made her debut here.
Mr.. Thenault Is the son of
Mrs. Georges Thenault of
Paris, France, and the late 1t.
Col. Thenault, who was for
many years air attache to
the French Embassy here.
. He is the grandson of the
late Judge and Mrs. o. M.
Spencer Of st. Joseph, Mo-,
and the late M. and Nine. Paul
Thenault Of Coulombiers,
France.
MIR. Thenault is a graduate
OF Georgia School of Tech
nology and is at present serv-
ing in the armed forces.
Evening star., 1955-03-27

Washington
som e 10
years q g o.
An attrac-
t / v e go
Y e ar % old
bachelor, he
is returning
I r o m a
" 4 " A
s t e a m e r
c Sc on
the Carib-
bean ] u S t
to see Sir
O 8 b g r t
a nd Dame
Evening star., 1955-03-27

This is the city that pulsates
over politics. It's no great prob
lem to get 100000 or so ap-
propriated to unveil the Yalta
Evening star., 1955-03-27
Cornell Benefit Tea

WIT IOII OOT ICTV CO
The Cornell Women's Club
Of Washington will have a
scholarship fund benefit tea
and art exhibit at the Egyptian
Embassy tomorrow from 4 to 6
pm. Co-chairmen of the event
are Mrs. Edison A. Edison and
Mrs. Norman c. Rogers.
The frontiersman., 1955-01-06

ST CITY
 SPORTSMEN TO SPONSOR firearms safety course
 ENGINEER TO BEGIN work on new telephone system
 BUTTE FIRE HALL complet- ed
 AIRPORT TO GET MAINTEN- ANCE if funds available November II. 1854
 LIQUOR LICENSES to be linn tied in city
 AUXILIARY PRESENTS flag to Swanson School
 LUCILLE MICK named vice president League Alaska Cities
 CLARA'S VARIETY moves to larger quarters
 TERR. SCHOOL OFFICIALS meet for school board association formation November l8. 1854
 LEW HANKS named head of School Board Association
 ROBERTA SHARP AND AIDE LARD BEYLUND win champion ship ribbons and $25 in All con tests
 RULES SET FOR Christmas lighting contest
 SORORITY GIVES parade prize to cerebral palsy fund
 VICTOR TALK SIR. family on Stateside trip November 24. 1854
 POWER CURTAILMENT nec- essary for Eklutna switch-over
 HOSPITAL PATIENTS to share holiday meals with guests
The frontiersman., 1955-01-06
Highlighls of 1854
Continued from page @


 ELKS MARK Third birthday with dance, party
 PALMER BAND GROUP mill itary guests
 S52 VOTES CAST IN PALMER precincts, Democrats take lead in terr. election
 NEW COUNCILMEN, Al flag en, Robert Peterson and Al De- Julio take oath of office 83 RESIDENTS SET mining course attendance record October Fl. 1854
 INDUSTRIAL SURVEY start ed in valley by Chamber of Com merce
 JOSEPH PERRIN, sentenced to IS months in holdup case LOCAL HOSPITAL featured in national magazine October 2a. 1854
 RE-ASSESSMENT BEGINS in school district
 200 ATTEND annual game din- neP
 ARC COMPLETES new Hous- ton Road
 OPEN HOUSE SET for Nation al Education Week
 CITIZENS COMMITTEE nam ed to further water rate study November 4. 1854
 FOUR-DAY ELKS' convention opens DETENTION HOME in valley proposed
 HOLIDAY LIGHTING CON- TEST set for Palmer area COMPLAINT FILED AGAIN
The frontiersman., 1955-01-06

SHOOTING AT PLANES re- ported in Palmer STEWART A. DURRANT of Utah named general manager at Coop
 EYE DELEGATE returns from four-month visit in Italy
 BASKETBALL SEASON opens Dec. 3 December 2, 1854
 8 CLERKS WALK OUT at Koslosky's
 MERCHANTS PLANNING an nual Christmas party for valley children
 PARC holds benefit dance
 COBB'S CAFE, new Palmer restaurant opens
 PUBLIC views new MEA head quarters building
 MRS. A. B. COMPTON, wins 1854 Extension Service preserva- r ton contest Dcember g. 1854
 PLANS BEGIN FOR mass K ray program
 DRIVERS LICENSES must be renewed before January l
 HOSPITAL PAYS bond inter est in time for Christmas
 OPEN '55 HOSPITAL member ship drive
 ALASKA FARM FORUM plan ed for February December IS. 1854
 COURT RULES no injunction against city
 CD OFFICIALS WARNS of H. bomb danger during valley visit
 STRIKE SETTLED at Koslos- ky's store
 X-RAY PROGRAM SET for Jan. 10, II in Palmer area
 CHARLES LIEBINGS mark
The frontiersman., 1955-01-06
NEW DUCK STAMP TO FEATURE BLUE GEESE

A black ana white opaque watercolor featuring three blue geese in flight, passing over a cattail marsh, has been chosen as the design for the 1955-56 Migra- tory Bird Hunting stamp, John L. Farley director of the Fish and Wildlife Service, announced.
 Stanley Stearns, of Bingham ton, N. Y., is the artist who drew the winning design for the sixth
The frontiersman., 1955-01-06
golden anniversary December 23. 1884

golden anniversary December %. 1854
 CITY RECLASSIFIED, fire rates drop from 10 to 30 percent
 CITY BUDGETS $99,OOO FOR 1954-55 expenses
 TELEPHONE SIGN-UP needed before Jan. for new MTA sys- tenn
 LOCAL GAME HEARING to be held Jan. 4
 MIDNIGHT MASS; CandleIght ceremonies to mark Christmas in valley
The frontiersman., 1955-01-06
IOO-WOMAN DORM PLANNED AT UNIVERSITY

Architect M. R. McEntire of Fairbanks has completed prelim- mary drawings for the projected 1OO-woman dormitory on the Uni versity of Alaska campus, it's president announced today.
 Dr. Ernest N. Patty said plans call for each group of four girls to have a living unit separate from sleeping rooms. The living unit will include a study room and lavatory facilities. Each sleeping room will accommodate two girls. Approximate cost of the project will be $6O0,0OO, depend ent upon territorial legislature appropriation.
The frontiersman., 1955-01-06

annual duck stamp" competition. This will be the 22nd stamp to be issued in the Federal duck stamp series.
The frontiersman., 1955-01-06

FRONTIERSMAN CLASSIFIEDS
 ALWAYS BRING RESULTS
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25
THE GLACIER REPORTER BROWNING GLACIER COUNTY,

bids in writing, addressed to
MARY E. BAUER RACINE at
Browning, Montana, stating the
price they will pay for said
lands. Abstract of title will be
furnished and conveyance will
be by Warranty Deed.
All oil, gas and other minerals
will be reserved by me and will
not go to the purchaser. I like
wise reserve the right to reject
any and all bids.
The land consists of 280 acres,
located in Glacier County, Mon
tana, described as follows:
SURFACE ONLY
Township 81 North, Range
8 west:
Sec. II: ShShN1s NkN1/2
NWA, SkNk M NWA, S1s
N.Y. NWA, Sk NWA, NJ
SWA, NaSh SWA, SWA
SWA SWA, VIZ SEA- SWA
SWA.
Dated November 81, 1855.
MARY E. BAUER RACINE
Browning, Montana
list publication Nov. "a
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25

Grace Barnett spent a couple
of days In town from Babb.
Mrs. Eva Fay Romancheck was
here for q few days from Great
Falls.
Oscar Linden returned after
taking n couple of loads of cat
tie TO market at Billings
Henry Busey, who Is a pre-
medic student at the University
of Washington in Seattle, Is ex'
pected home Thursday morning
to spend the Thanksgiving holt
days.
Charles Handy, operator of
the Handy Garage. has been on
the sick list this week, but is
reported improving and expects
to soon be back on the job.
Miss Connie Teeples is expect
ed home Thursday from Mime
apoliS, where she is attending
the University of Minnesota, to
spend the Thanksgiving holidays
at the home of her parents, Mr..
and Mrs. Alan Teeples.
Mrs. Shelton Connors of East
Glacier was taken to the Cut
Bank hospital last Tuesday after
suffering a slight stroke at her
home. She was later taken to
Great Falls and is reported to be
showing a slight Improvement.
| The Arctic spell that engulfed
this area all of last week, broke
Saturday, and by Sunday much
milder conditions prevailed. 1t
was noted Sunday, when the
temperature reading was around
40 above, that this represented
a change of approximately 70
degrees from the previous Sun
day. when the low reading
reached 80 below zero. 1t was
WelCOIne C0dnSe.
Eugene Ground. who last fall
accepted a position as assistant
in field work for the educational
and welfare department of the
Blackfeet Agency, re- turn e d
home Saturday evening from
Phoenix. Arizona, where he com
pleted a SIX weeks course in that
city. He is a senior student at
the University of Montana, at
MisSoula. but took leave to &C
cept the position here. Mrs.
Ground and children have
moved here from Missoula. and
they are making their home in
Browning.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25

Archie St. Goddard had to
spend a few days in town. He
had some dental work done.
Archie and Mrs. Douglas are
spending a few days in town.
She has been helping her moth
er at East Glacier.
Ray Finlay attended the Wool
Growers convention in Great
Falls and went on to Chinook.
He returned to Browning Tues
day.
Genoveva Marque is expected
home today from Missoula where
she has been attending high
school and specializing in voice
and music.
Mrs. Violet Barton left Satur-
day for her home in Pittsburg,
Pa, after a visit of several weeks
at the home of her daughter,
Mrs. Vincent Bosh, at Babb.
Mrs. VIM. Dement,, formerly
Berniece Lewis, left for Reno,
Nevada, after winding up her
business here. She will resume
management of the Barney
Castle there.
DR.. Robt. Stinett, who has
charge of the testing of cattle in
four states for the Federal gov
eminent, will spend the next
week in this area vaccinating
and Bangs testing.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25
INVITATION TO BID

The Board of Trustees of
School Dist. No. 10, Browning,
Glacier County, Montana, will
accept bids on the following
items of school equipment:
IS American universal desks,
lifting lid plastic top size A or
equal; IS Irwin No. 1854 UNA
Desks lifting lid plastic top size
A or equal; 100 Samson folding
chairs or equal; l set of stage
equipment specifications may
be secured from the office of
the clerk)
The Trustees reserve the right
to reject any or all bids, to waive
irregularities and to accept any
bid which it deems most advan-
tageous to School Dist. No. 8.
Bids will be opened in the Office
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25
WEATHER BALkS
MARKETING OF CATTLE

Billings - Severe winds and
record-breaking November tenn
peratures sharply curtailed cat
tie marketing and virtually
stalled country buying in Mon
tana the past week.
The United States Department
of Agriculture office Friday said
AN unsatisfactory price struc-
ture," plus the approaching
Thanksgiving holidays were con-
tributing factors.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25

Robert LaFromboise, chair
man of the Blackfeet Tribal
Council. was in Shelby Monday
on reservation business
Mr.. and Mrs. W. J. Snow,
whose ranch is located on Two
Medicine Creek, left last week
end for Phoenix, Arizona, where
they expect to spend the winter
Mrs. Gean Herbert Beckwith
of Richmond, Va, is visiting her
parents. Mr. and Mrs. c. A
Hoffman Also coming to the
Hoffman home for Thanksgiving
and the weekend will be Mrs.
Beckwiths son and family, Mr.
and Mrs Herbert Conklin and
two children. of Kalispell
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25
NOTICE OF LAND SALE

Notice is hereby given that l
will accept bids for the sale of
the following described land I'M
til 200 o'clock P. NJ on We'd
nesday, December 81, 1855.
All persons interested in pur-
chasing the land must submit
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25

WANTED - 3 or 4 room house.
2 adults. Call Dewey Or Mrs.
Bray, 1921. 11-25
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25
Locul News Items

Tiff Mckay made business
trip to Helena tins week
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25

Oscar Linden returned after
taking n couple of loads of cat
tie to market at Billings
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1955-11-25

Grace Barnett spent a couple
of days In town from Babb.
Mrs. Eva Fay Romancheck was
here for q few days from Great
Falls.
Evening star., 1955-10-12
DIVIDENDS

Pc Stk. of Pay
Rate. riod. record. able.
NEW YORK. Oct. f2.--Dividends an.
nounced:
Initial
Grow Ind shrs &c - 1919 1o-31
New Process 81 - 1921 Ill
PATIO cns Cid D Ltd Soc 1922 lilo
Increased
Union TT, Nd. soc 1918 ILLS
Up Pen Pwr =. 37Iac 1920 ILL
Crystal Oil So pf l.50 - 11-l5 12-1
Argo Oil X lila 1919
Husky oil 25ec ILL
One share Standard Oil New Jersey
for each 500 shares Of Argo. Oil held.
Fractional shares of Standard Oil New
Jersey will be paid In cash.
Evening star., 1955-10-12
Steel Mills Cite;
= ;s
Problem Of New /
ii
Capital Funds :

NEW YORK, Oct. IL Pr
Expansion of the steel industry,
already underway or being
planned, has steel producetS
worried about how to finance It,
Iron Age, the national metal
working weekly, said today.
Some producers are thinking
in terms of higher prices to boz
ster earnings and attract more
money from investors, it added.
Iron Age reported as follows: m
Some of the expansion was
predicated on the fast tax write
of program but the Government
has closed the door to further
rapid amortization for steel ing0t
expansion. +.
Price rises for steel have
been linked in recent years with
wage rises for steel labor, but
prices could move at any time
lif there is a need for q better
return on investment. Some
steel executives and industrial
economists believe that with
the present steel market as tight
as it's ever been. the economy
would support higher steel prices.
Some steel customers have
said they would be willing to pay
higher prices for certain prod
Iucts If this would assure a steady
supply instead Of intermittent
shortages. N