davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25
sY SYLVIA PORTER
How big s Bic business today?i

How big Is big business today2
One OF the hottest nights Of
the 1855 elections will be over
bigness In business.
Before the politicians take
over. therefore. and obscure the
really vital questions. let's get
some facts. Here are some sta
tistics. ! obtained them, Incl
Identally. from Fortune maya
zine, the bible Of big business
itself.
How big is big business today?
This Is how big:
About ene-half Of the free
worlds industrial output is pro-
duced by the United States and
almost exactly one-half of the
United States output, in turn, is
produced by about 500 corpora
lions.
These 500 giants represent less
than two-tenths of / per cent of
the 100000 manufacturing and
mining companies in the coun-
try.
Output Tremendous
Yet. they produce approxi-
Imately oiie-quarter OF the free
worlds total output OF industrial
goods. Last year. the 500 ac-
counted for 81 per cent Of all the
sales Of goods by industrial COM
|panies.
They held Sc per cent Of all
the assets of industrial firms.
They raked in 66 per cent of the
net profits of all United States
industrial companies. And they
employed "A per cent Of all who
work for industry.
The giant Of giants? General
Motors, of course--with sales of
nearly $40 billion a year. The
next four In line? Standard Oil
Iof New Jersey, the Bell System.
IDu Pont. United States Steel
What's more. the big are get
ting bigger constantly. The
giants Of today are s to 10
times the size Of the giants Of
earlier this century: their share
Of the total market Is ct a record.
The merger movement OF the
last few years is in many ways
unparalleled. rolls on despite ell
the public fretting and Tuning.
Tax Laws Overhauled
The overhaul OF tax laws in
1864 definitely inspired the bigs
to invest more billions in new
plants and equipment to expand.
And, while In the process, they
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25
|CIeovite Divisions
Plan DC. Offices

Clevite Corp. has leased two
floors at 1909 Connecticut ave-
niue NV. to provide Washington
offices for various divisions and
lis considering q broad expansion
program that may bring addi-
ItionaI facilities here.
Two divisions. the Brush Elec-
ltronics co. and the Clevite Re
search Center. have opened
lofiices SO. far. Acting manager
lof the former Is Roger Stiller.
Henry w. Gottfried, jr., for
Irnerly vice president Of engineer
ling for North American Engi-
neering CO.. heads the other
Office as technical co-ordinator
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25

tuni, Of trading 10 shares o. saies 10 fun Rates d
dividends IN the foregoing tab annual digburte.
Ihehis based Qn the iast QUARTERLY " ssml! annual
aI!idsnds are noE includsa Also extra q extras
az anS Y s a Sas ssSe G e.
PAYABLE 10 stock estimated eash value on e..
81 lsr this year pesla5.a p 0.ia after s.oss
Paid ths yeif. dividend omitted deferred Or q
action taken az ast dividend meeting Declared
oT psia N lay plus stsek diyiasna Lisqtdat,nr
tgtbgfion. g - rsht4 Nv without warrants w
sued I'm bankruptcy or recetyersnip or being Re-
orsanised under the Bankruptcy Act. or securities
ASSUMED b. such Companies
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25
Tax Laws Overhauled

The overhaul OF tax laws in
1864 definitely inspired the bigs
to invest more billions in new
plants and equipment to expand.
And, while In the process, they
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25
Big D. {. Group
AT Chicago for
ABA Meeting

Ten Washington banks will be
represented BY II ofncers at the
l8ist annual convention Of the
American Bankers Association,
which opens today In Chicago
and win last through Wednes-
day. Also in attendance from
here viii be 80 Government
loficials.
The bankers viii take an active
part In various section and COM
Imittee sessions connected with
1.-THE convention and most Of the
Government officials will speak
either at general sessions or
meetings Of special groups. Many
wives are accompanying the
|registrants.
The long Government list In
Icludes: Ray M. Gidney, Con-
Itroller Of the Currency; c. Candy
IBalderston, vice chairman, Fed
Ieral Reserve Board: w. Ran
ldolph Burgess. Undersecretary
LOT the Treasury: n. Earl Cook,
chairman. Federal Deposit In
surance Corp: Glen =. Edger-
ton, president, Export Import
Bank: Mrs. Ivy Baker Priest,
Treasurer Of the United States,
and ]. L. Roberteon, member Of
the Federal Reserve Board.
Hubert T. Bisselle. senior vice
president Of the Riggs National
Bank, win take . prominent
part a. o member Of the ABA's
Executive Council.
Robert v. Fleming, president
LOT Riggs National. 10 chairman
LOT the important Government
Borrowing Committee. w. Hiles
|Pardoe, vice president Of the
National Savings q Trust. win
attend as this years president
LOT the District Bankers Associa-
ton.
Committee assignments are
held by John A. Reilly. presi-
dent. Second National: Francis
|G. Addison, jr., president, Secur-
|ity Bank, and Thomas J. Groom.
president Of the Bank Of Com
|merce:
The remainder Of the banker
|registrants include:
Justin d. Bowersock. executive vice
president, Union Trust; Richard A.
korris, president L1necln National; a.
Scott O6utt, president, Anaeostia Ma
ticnal; Frank A. ounther. executive vice
president. Security Bank; Wilmer j.
waller. ST.. chairman. and Walton 4
ganderson. vice president, both Of Me-
tional Bank Of Washington.
Also Robert G. Baker. exeeutiye viee
president. Frank ~. Periey and William
IL. echcoiey. vice presidents, ell o.
American Security q Trust: Richard w
Miller, vice preaident and Katherine n.
Krieg, assistant cashier and assistant "a
the president. both Of the Risss Ma
fionnl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25
BY RAIDER WINGRT
Is.aci.t.A pye.s Kinaneiai WIT,

NEW YORK, Sept. ~
Rumors were Q dime Q dozen
this week In Wall street, and
the stock market seemed Il
listen to an Of them Is 1t ad-
vanced to . new record high
mark.
The most popular split rumol
concerned Chrysler. Ofiiciali
said they hadn't heard the re-
ports. Nevertheless the stock
gained OF ct 99ss On the weel
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25

Pus paid far this arrears
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25
NEW YORK STOCK EXCHANGE WEEKLY SUMMARY

airh Gov closs els
2lIA 1esb 21M flIs
! 81 ga. 5h- VI
J - - - f1l4I
seih IS - ~
3le.A y1S 31sst : asA
, - 52m 80 *1
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25

all zee Gov s sls l sss s zds % n.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28

- Zone 1, Jackson Street West;
Zone 2, Jackson to Fulton; Zone 8,
Fulton, East. In Zone 1,there were
AIT children in school, kindergar-
ten through grade six, and 419 pre-
school children, total of 836. In
zone 2, there were lis children in
school anG 81 pre-scliool children,
total of 212. In Zone 3, there
were 174 children in, school and
104 pre-school children, a total Of
278. We were surprised to find
such great concentration of chill
dren in one area.
Cues: viii the proposed eIemen-
tary building house all children in
grades one through six?
Ans: No. The new elementary
building on the present school site
will be used for period of four
or five years at which time another
elementary building should be
erected in the E section of town. At
that time the present elementary
building will become a Junior High
School By this program of expan-
sion the children, grades one thru
six, will eventually be housed in
two buildings, one East and one
West, with the children in grades
seven through twelve attending
centrally located buildings.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28
The Bond Issue
Question Box

Cues: What is fhe present in
debfedness and how was it Gre
afed?
Ans: The present debt of t.
Port Clinton City School District is
100000 This represents the a
mount of bonds outstanding on the
high school addition built in 1887
and the new elementary building
erected in 1949.
Cues: How much money could
be raised?
Ans: Our valuation of SIS, 500, 600
times nine per cent (9%6) equals
81 1895, 900 less the Indebtedness of
100000 leaves S1,095,000 More
than 100000 Snort of the estimated
cost of high school building.
CUES: Why did the board rec
ommend that the first building in
ttis expansion program be erected
in the west part of town?
Ans: Because of the concentra-
ton of school population in that
area In the summer of 1853, a cen
sus was taken of all children born
but who had not reached their
eighteenth birthday A chart was
then made to show where the pre-
school and elementary children
lived. Three zones were established
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28
SHOWING OF Sc MODELS DRAW
MANY VISITORS To AUTO DISPLAYS
Marblehead Man
In Army Exercise

CAMP, POLK, LA. - Pfc An
drew Turinsky, son of Mrs. Mar
garet Turinsky, Marblehead, Ohio,
is scheduled to take part in Exer-
else Sage Brush, the largest Army
Air Force maneuver since World
War II.
The exercise will be held in
Louisiana Nov. 1Dec. Is. Some
10000 Army troops will test the
latest concepts of atomic, bacterio-
logical, chemical and lectronic
warfare.
Turinsky, gunner in the 18th
Armored Cavalry Regiment, is
regularly stationed at Fort Knox,
KY. He entered the Army in Feb
ruary 1854.
Turinsky attended Lakeside High
School.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28
PUT-IN-BAY
Louise IA. Stoiber

Mother of Sorrows Catholic
Church was the setting Saturday
Oetober15, at 1920 am. for the
wedding Of Joan Elizabeth Kindt,
daughter of Mr.. and Mrs. Anthony
Kindt and Private Theodore Wiz
liam McCann, son Of Mayor and
Mrs. William B. McCann. The Rev
Father Stopko offlciated. The bride
wore a beautiful white satin bout
fant gown and carried white or
chids. Her attendants were dressed
alike in Claret velvet and their
bouquets were white NUNS fash
ioned with bitter-sweet and autumn
leaves. Margaret Mary Johoske, sis
ter of the bride was Matron of
Honor and Mrs. Edward Cooper
was her bridesmaid.
Bernard Mach McCann, brother
of the bridegroom was best man
and William Market, Jr., and
Duane Dress were ushers.
A wedding breakfast and recep-
ton followed at the Park Hotel.
After a motor trip to Niagara Falls
the young couple took UP residence
in Chicago where Private McCann
is stationed
= y s
Deedee Stoiber ard Gail Sey-
mour were home from Andrews
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28

School at WilIoughby, Ohio, this
past weekend.
Joyce Ohlenacher, who is attend
ing Tiffin University, visited her
parents, the Franklin Ohlemachers,
this past weekend.
Sunday, October %, was an
eventful day for Shirley Rudy, who
is in training at st. Vincent's Hos
pital School of Nursing, as ON this
day she received her cap and cape
at a beautiful ceremony held at
Mary Manse College. Her parents,
the James Rudys, attended the
ceremony.
Mrs. Henry Reinhart visited her
daughters Norma and Mrs. Donna
Brennan in Toledo.
We understand our popular Sy
Semenuk is having himself a gala
time in Dayton.
Mrs. Verda jenkins and her two
sons, Ricky and Gary, have left the
Island and moved to Port Clinton.
Ethel and Ed Market are on a
we'll earned vacation visiting
friends at Columbia Station.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28
PLEDGES

Pledging fraternitieS at Ohio
State University this week were
Lowell F. Rothert, Elmore, Alpha
Gamma Sigma; David L. Camper,
Genoa, Phi Mu Delta; Marlin l..
Goodsite, Oak Harbor, Delta Chi;
Evert Suydam Jr., Martin, Delta
Sigma Phi.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28

Two-Tone color combinations. Name your own ticket
on your favorite type of interior luxury-and get it
in one of Pontiac's 30 choices.
But for all it's distinctive glamour, the keyword
for the fabulous SO Pontiac is co! Its heartifting
style foretells breathtaking action like you've
known before = exclusively yours from history's
highest-powered Strato-Streak V8 and the incompar
able smoothness Of Strato-Fight Hydra-Matic.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28

Introducing q Big and vifaI
General Motors "AUfomotive First"
Ne,O Shato-FHght HydroMatic* coupled with
Pontidc's ne,O 227-h.p Snato-Shedk V-8 delivers
aHnew performance so neno and dramatic it must
be experienced to be believed!
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28

More about the remaining cars
to come as soon as the local deal
ers get them. We will see the
Studebaker, Buick, Oldsmobile,
Chevrolet and Packard.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1955-10-28

"A torrent of smooth, eager, split-second power
impatiently awaits only the nudge of your toe to
blaze alive with the greatest ''go'' on wheeIsi
And the security of big brakes and easy, instant
handling gives the clue to the greatest safety ever
built into a car.
Why not make date to send your spirits soar.
ing? Come in and see and drive the fabulous so
Pontiac with America's greatest performance team.
*An option
Evening star., 1955-10-19
decorate your floors in the height of
home-fashiOn with loom-Woven,
washable cotton broadloom
WUNDA WE'VE
7.95 .s..,. yard .
US .s.... yard

With less than o colors choose from It's exciting and
easy for Wndo We've to give your floors great decorator i'm
potonce This deepped foocoverne cosy to keep ceon
It's ideal for yeoound for cotton is free of moth domoge
The many coors make ii on exceptional carpet tor
winter, Wundo Weve's loom-Woven manufacture gives
rich longweorne texture and luxurious sprinoiness
Use Wundo We've woItowo or, for smart color accents
in these mony scotter sizes.
2x5 ------ 4o5 3x5 ----1s95 6x9 ------4o5O
2x4 ------ 605 4x6 ------2l95 oxl2 -----05O
Not shown Wundo nyon broodloom il host Of br!iont
coors square yard, 14.9S
rW6L--Flooreovernos 9Th Floor
Wundo We've also Chevy Chose and Aexondio
Evening star., 1955-02-15
U.S.SeenLikeIy to YieldIsIonds
fReds Drop Formoso Threat
Locking Pledge, Fight to Hold Quemoy
And Mutsus Moy Hit China Coast

Chang and any American who
happened to be around on For
mosa-raised a problem of po-
litical psychology.
Fear Loss Of Morale.
Secretary of State Dulles
backed by Admiral Radford
chairman of the Joint Chiefs OF
Staff, argued to the President
that. while the Quemoy- -Tachen-
Matsu island losses would be
strategically immaterial if all
else in Asia remained the same
the United States had ID face
the fact that their loss would
change other things. Specifically
they urged that a retreat from
the offshore islands would de-
stroy the morale of Chiang's For
mosan force and raise questions
in Korea, Japan. the Philippines
and Indo- China as to whether
American friendship could be de-
pended on when Red Chinese got
really tough.
At the same time the military
analysts convinced Mr.. Eisen-
hover that the Tachens had to
be abandoned. The Tachen
harbor was under fire from the
mainland and. to keep the island
chain provisioned. would require
assignment of large part of the
(See HAYDEN, Page A-3.)
Evening star., 1955-02-15
D. {. Warming Slowly;
Some Rain May Fall

Washington crept slowly and
more comfortably from too many
hours of subfreezing tempera-
lures today and headed for five
days of more normal readings
of about 46 degrees.
Today's fair weather will be
continued tonight with a low of
about 80 degrees. Tomorrow will
be fair also with temperatures in
the upper 40s.
The extended forecast calls
for scattered showers about FRI
day totaling quarter to a
half inch.
February's true taste of winter
had some benefits, however, the
Weather Bureaus statistics
noted. After the driest January
on record, February thus far
has produced precipitation total
ing 2.10 inches, or almost an
inch in excess of normal.
Evening star., 1955-02-15

Pacific policies. Vodka, beer
Russian champagne and red wine
we're consumed by the others at
tending.
Mr.. Macs statement was unex-
pected. He first proposed toast
to the health of Marshal K. E
Voroshilov, president of the So
Wet Union.
Then the Red China leader
spoke for Ave minutes, halting
after each phrase to clear his
throat.
He praised the Everlasting
friendship between China and
Russia" which, he said. enables
us to defy the imperialistic
schemes of the United States
atom -mongers."
Besides his toast to Marshal
Bulganin, Mr.. Mao raised a glass
to defeat to the imperialist
warmongers; victory to the
peace-loving peoples of the
world"
Toasts kept the diners busy.
Promptly at 9:15 pm. Mr.. Mao
set down half finished glass
Of orange Juice. A Strauss waltz
died away. The hurley man
VINO bosses Red China led a
cavalcade Of Chinese Commu-
nists to the red-carpeted stair
way. Afterward, the Russians
and diplomats launched into
sef-conscious ballroom dancing
Evening star., 1955-02-15
Mao Sips Orange Juice as He Blasts u. S.

that If "imperialists" wage war
I'VE. together with the peoples
of the whole world. will wipe
them out clean from the sur
face of the globe"
premier Chou likewise pre-
dicted the smashing Of any at
tacker and was quoted as
pointing to "the impregnable,
fraternal friendship between
the peoples Of China and the
Soviet Union.)
Those attending were the picl
of Communist China's leaders
Chou En-lai, Premier and For.
eign Minister, wore the plair
blue uniform of Chinese Com
munist officialdom; Liu Shao-
chi. vice chairman Of the Polit-
buro. whose role here Is similar
to that Of Nikita Khrushchev
head OF the Russian Communist
Party, and Chu Teh, commander
Of Red China's armed forces.
Along with the Chinese party
faithful were Soviet technicians
and foreign diplomats. The un-
proletarian meal included plates
of caviar. spiced ham and smoked
salmon.
Mr.. Mao. wearing q discreet
gray uniform with a high-necked
collar. stuck to orange juice even
in the toasts proposed by Mr..
Chou. who made the main
speech, attacking United States
Evening star., 1955-02-15

broyhi|I Charge
Of Bribe0ffer
Attempt TO Buy Vote
On Pay Bill Reported
Last Summer

United States Attorney Leo A.
Rover disclosed today that Q
Federal grand jury is now in
vestigating charges by Repre-
sentative Broyhill, Republican,
of Virginia, that he was offered
a bribe last year for his vote on
the postal pay bill.
Mr.. Rover described the grand
jury inquiry as aU "open-end
investigation"-one not alleging
that anybody committed a crime
but inquiring to determine
whether anybody violated the
law.
He said the case was being
presented by Assistant United
States Attorney John Doyle and
Isaiah Matlack of the Justice
Department. He said the in
vestigation had been underway
since last week and will con-
tinue for another week or 10
days.
$500 Offer Reported.
Mr.. Broyhill reported last
summer that he was offered a
$500 campaign contribution" il
he would support a 7 per cent
postal pay raise bill penoing at
that time before the House Civil
Service Committee.
Mr.. Broyhill refused the offer,
which he said was made hy a
postal employe union official,
and reported the matter to the
Justice Department.
The Star subsequently learned
that an investigation of Mr..
Broyhill's charges disclosed
others on the 25-member COM
mittee had also been approached
and offered financial contribu-
tions.
The Justice Departments in
vestigation also centered on
money repeatedly paid to some
committee members for making
speeches before employe groups.
The department wanted to de-
termine if this was another way
of influencing members votes
through payment Of money.
The Federal Bureau of Inves-
tigation made its investigation of
the Broyhill charges last July
and turned over its report to
the Justice Department at that
time.
Scope Not Indicated.
Mr.. Rover did not indicate
today how broad is the scope
of the present inquiry. The Star
was informed last December.
however. that the investigation
would seek to determine wheth-
er the alleged practices extended
to other committees of Congress
concerned with other legisla-
tive matters.
Mr.. Rover said the grand Jury
would follow wherever the trail
leads in Congress.
Mr.. Broyhill made his charges
shortly before the committee was
to vote on whether it should re-
port out the administrations SAL
ary reclassification plan or adopt
the higher across -the-board
raised asked by the Government
employe groups. The latter plan
was adopted but was subse-
quently vetoed by the President.
Evening star., 1955-02-15
Atomic TEST Delayed
For "a Hours by Acc
sy the Associated Pres.

LAS VEGAS, New. Feb. 15.-
The first explosion of the 1885
atomic test series, which had
been set for predawn today on
Yucca Flat. has been postponed
for "a hours by the Atomic
Energy Commission.
The Acc cited unfavorable
weather conditions.
At 1880 am. weather con-
ference, the Acc decided that
winds would carry the atomic
cloud from any shot today to-
ward the Caliente-Panaca-
Phoebe area In East Central Ne
vada.
Winds had increased during
the evening and test officials
feared the cloud might pose a
radiation threat to that district.
There are many ranches and
some mines in that area, some
10 miles northeast of the test
site.
Evening star., 1955-02-15
Communist Lighffoot
Gets 5 Years, Is Fined
BY the Assoeiosed Press

CHICAGO, Feb. 15.--A Fed
eral Judge today sentenced
Claude Lightfood to prison for
five years and fined him $4,000
for informed membership in
the Communist Party.
Lightfoot, 44-year-old Negro
executive secretary of the party
in Illinois, was convicted by a
jury January 25 in a test of a
Smith Act provision whic h
makes it crime to be a member
of an organization. knowing it
advocates violent overthrow of
the United States Government.
Attorney John j. Abt. repre-
senting Lightfoot. said the con-
viction and sentence will be ap-
pealed. Lightfoot remained free
on $4,000 bond, pending income
of the appeal.
Evening star., 1955-02-15
Oil Furnace Sold
First Day by Star Ad

Vomiting to sell an oil furnoce
quickly, M. B. n. ploeed wont od
in The Stor Classified with fost re-
suits. He found o buyer the first doy
his od appeared in the productive
columns Of Woshinston's biggest
classified medium.
Like Nh. o. H., IL you hove some
thing to sell. and wont speedy soIes
action, tell il to the long established
eudienee OF The Stor readers.
Becouse it produces the best year
round results for classified odyer-
tisers, The Stor publishes more eIossi-
fled ods thon the other Washington
newspapers combined.
Phone Sterling 5000 oAd ask for
on ed-tokeE.
Evening star., 1955-02-15
Is Men Are Removed
From Sinking Vessel
BY the Assoeio,ed Press

MIAMI. Fla. Feb. 15.-A
British destroyer today removed
13 men from the Liberian mo-
torship Luana, which was re-
ported in sinking condition 65
miles southwest of Jamaica.
The United States Navy de-
stroyer Rush, which also sped to
the Luana. stood by. After TAX
ing off the men. the British de-
stroyer Venus radioed she was
standing by to try to salvage
the ship tomorrow.
A report from Kingston said
the Luana, loaded with lumber,
was en- route from Puerto Cortes,
Honduras, Jamaica.