davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11
YOUR
MONEYS WORTH
Huge Profits Embarrassing
BY SYLVIA PORTER

I'm almost embarrassed Ia
tell you how much we've already
made this quarter" said the
treasurer Of a large manufacture
ing company.
- record? What elsep Wen
lset dozens Of them In sales, In
gross. in net" said the head OF
q major retail store.
IF we stopped right now and
didn't earn another cent for the
rest Of the year. we'd still come
out way ahead Of 1854. We've
never had q year like this" said
the chairman Of q big bank.
These are quotations from
three acknowledgements business
men with whom I talked last
week.
No one expected it to be quite
as good as this. Gains? Yes
But gains Of this magnitude2 No
Within another 40 to SO days,
when the third-quarter reports
really begin to roll out, words
such as record" peak" top
will become commonplace.
Just consider this preview Of
the profit picture:
Americas corporations well
may show average after-tax
profits in the third quarter OF
this year running 30 to 40 per
cent ahead Of 1854. the sharpest
lyear-to-year gain since the Ko-
Irean war year Of 1850.
Profits before taxes right now
are running over $42.5 billion a
lyear--the biggest ever and q full
l$4 billion above the before-tax
profits corporations reported in
tans great prosperity year Of 1850
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11
Stock Advances
Open Path TO
New Heights
BY RAIDER WINGET
Associated Press Financial Writer

NEW YORK, Sept. 10 R.-
An advance to a new peak this
week put the stock market on
its way to uncharted heights.
The Associated Press average
Of so stocks established four new
highs In four days. 1t ended the
week at $l78.10. Volume was
the best in two months.
To chartists, the markets per-
Torrance was significant. Three
times in the first half Of this
year. the market nosed into q
reaction, Each time 1t recovered
strongly and moved to new highs,
Last July Is came the fourth
r a ction. The bottom was
reached August Q, and true to
form the market leaped upward
in recovery. The average stood
at SIT on July ~. and last
Tuesday it passed that mark
with q jump Of $3.50 at $l77.70,
and the rest of the week 1t kept
on going ahead.
Rails, long laggard In the gen.
eral rise of the market, came to
life during the week and gave
promise Of matching the vigor
Of the industrial segment Of the
list. That, said the cfartists. Is
what 1t takes to make q real
bull market. Those who decided
TO buy rails had behind them
the fact that net income Of Glass
One railroads in July was a pei
cent higher than q year ago.
The I'VE most active issues
this week on the New York Stock
Exchange were Rhodesian Selec-
ton Trust up " at 8A: Phil
lips Petroleum up 1N at 73h;
Republic Steel up 5K at 52M
American Telephone up y 81
177ss. and United States Steel
up az at 59Ts.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11
CHICAGO GRAIN

CHICAGO. Sept. 10 H.-wheat paced
o mild Advance IN grains on the Board
Of Trade this week.
The upturn appeared to be based
more on seasonal factors than any con
crete bullish developments. Many trad.
orH simply felt q rally ut this time Of
year. particularly In wheat, was nor
NAL expectation.
wheat ended the week ? 20 8h cent?
to IN higher. rye IL % 2A higher
soybeans 1 " lower to u higher and lafd
unchanged to 90 cents hundred pounds
lower.
A corn crop. Of 31Ia.467. 900 bushel.
was estimated BY the Government. Tnii
compared with an estimate last week ~
C. NJ. Calvin Of 3,143.654. 900 bushels.
However. the ooyernment cut it. fore
cast from the August / estimate quite
. BIT more than did Mr.. Calvin. Thu
may have mildly builish price tnnuence
early next week, brokers said. Compared
with their August estimates, Mr.. CAL
vim was down 26o,646,00O bushels and
the Government 364.244.000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11

1U11 90 Lonite Prod u u
tynit Of trading 10 shares sales IN nun Rates
%sHss based On the last anIsss.S q ssmi.annlal
dividends are not Included Also extra or extras
Annual rate plus stock diyldsnd "a Declared Of
iiPayabls IN ssoek s,s sssimatsd cash value e:
81 iaI this ysar Peslssed Or paid after stool
PAD ssis sssr Dividend oisted Sst.lTea d e
q paid 10 1854 plus stock dividend. LiagidStinS
f1,So sld Ssiiss q %ay, .S Ezds dis.
VIE warrants. I'd When distri6utsd u When Il.
organixed under the Bankruptcy Act or securities
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11

! Profits after taxes right nov
are running over $21.2 billion 9
year-within whispering distance
of the all-time peak Of 1850.
So far this year, four out Of
five companies have chalked IN
profit gains. Only q few indus.
tries are tagging behind and ever
these are starting to perk I'D.
What's more, 1858 profits are
OF much superior quality thar
earnings Of recent years. In pre-
vious booms. profits have beer
swelled by speculative price rises
which permitted. the com.
panies to make money on theil
own raw materials. This years
gains have been chalked up de-
spite the fact that the new tar
laws have allowed the COM
lpanies to take q lot Of deductions
they couldn't take before
They've recorded the profit gains
even so.
It's not all terrific, Of course
1t never is.
A trend which worries every
one devoted to our competitive
system is underlined by the fact
that the bigger companies are
continuing to do much better
than most smalls. This trend
toward giantism will be a dyna-
mite issue next year; 1t should
be.
Another sour note is the per-
sistently high level Of business
failures. Week after week, hum
dreds of companies are going
bankrupt even in this cycle Cd
unprecedented boom.
! (cepyrisht 1855. ths Hall synAissss, 1as.l
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11
|Corp!orateLb
Eases, Federal
Bonds Advance
BY ED MORSE
Associated Press Financial Writsr

NEW YORK. Sept. 1o.-The
corporate bond market eased
slightly this week but Govern
ment bonds advanced for the
second straight week.
The latter advance took place
despite the rise in the rediscount
rate to 2A per cent from 2 by
seven more Federal Reserve
banks.
The continued tightening Of
credit was regarded as o sign
that there would be increasing
pressure on bond prices. Rising
interest rates tend to reduce bond
prices 50 that their yield can
compete with other investments
There was no immediate re-
action to the latest anti-infiatior
measure. Market observers felt
that the rise In the rediscount
rate had been anticipated by
traders.
Trading volume in the holiday
shortened week picked up on q
daily basis over the week before
Trading totaled 46.441. 900 or
Wednesday and $5,270,O0C
Thursday compared with the
prior week when 94,700.000 wai
about the best.
Average prices In tho In
dustrial and utilities section.
remained unchanged from q
week ago. The rails. however,
slipped q bit and the foreign
dollar liens were on 0 shade.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11
NEW YORK COTTON

NEW YORK. Sept. 10 A1.--Cotton
HsdEe- selling and moderate iiauidstion
sesi1s textile sales contributedh S mst enc
Active futures contracts traded on tn,
rev YORK Cotton ExchanEe- tool. mel
Siss wn bsI. ranged me- from 5s cent G
touched new life-of contract low.
demand was pretty much confined "a
domesttc and foreign price fixing, shori
covering and trade buying on the scale.
The Governments latest oficial 1855
crop forecast. released on Thursday. had
LITTLE imp marketyiss; AIthoIsh the
s ~ Ws. 1 nos Zoo Of sar,
|of line with recent trade expectstions
Many brokers had expected it to SHOW
little deviation from the Agriculture De-
peytmenes August forecast Of 12.72S, 900
The New York Cotton Exchange sery.
ice Bureau pointed out that II this
years crop should approximate the latest
snupIz N q, forecast total doest
running bales would be IN prospect. The
service bureau noted that Il distribu-
ton domestic consumption plus exports)
GsnGiid be- closely n line with previous
1850: Ssisa sS.s iiDp sDd-ssssoSS
expected, That would Be the hishest
flRcs yuH ass4 Mo when the earry-over
Exports for the week ended tuesday
we're Hsrsa e s!ip a. $4,000 bales, com:
49, 600 IN The like week last year. Total
sss .e as9s i tssoa San TSn ss AZ:
23S, 900 bales sold abroad al snproxis
mately the same time last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11
A WARNING
THAT CHANGED
MY LIFE
BY q Wall Street Journal
Subscriber

Not long ago, in an ad like this one
you are reading, found a warn
ing from The Wall Street Journal.
: keep up to the minute on news
affecting your income" it said.
I sent So for . Trial Subscrip-
tion and, believe me, it changed my
fife. Now I know why some men
get ahead while others stay be-
hind. I am learning about the far
reaching changes taking place in
America. I am finding out about
new inventions, new industries and
new ways Of doing business that
are helping ambitious men (includ-
ing me!) to earn more money. The
proft-producing and money-sav-
ing ideas / found in The Journal
have already put me ahead about
$500.
This story il typical. The Jour-
nal in q wonderful aid to salaried
men making $1,000 to $4,000 q
year. It 10 valuable to owners Of
small business concerns. II can be
of priceless benefit to young men
who want to win advancement.
The Wall Street Journal In the
complets business DAILY. Has
largest staff Of writers on business
and finance. The only business
paper served by all four big press
associations. It costs $40 q year,
but you can get q Trial Subscrip-
ton for three months for So. Just
tear out this ad and attach check
for So and mail. Or tell M to bill
you. Address: The Wall Street
Journal, a Broad st., New York
I. N. Y. W. ell
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11
nv. Y. BANK STOCKS

Association q securities as - Dssiers. fns.:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11
MUTUAL FUNDS

NEW YORK. Sept. 10 W.-National
Association Of Securities DealeIs. Inc:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11

Declared
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11

Write Tor Quality Prices
For going pieces end Doing things.
Based on scientific. principles, Nothing
nike Il anywhere. Jot Important notes on
slots where message 70 visible TIL you
discard It. IT'S INDISPENSABLE for busy
some. long. lasting. yinyl plastic that
pad, pencil and pockets for money. cards,
etc. Black, Brown, Red, Green. 81 each
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MEMo-SPEED CO., Dept. u
1O7 Rifth Ave, New Yexk II, u. Y.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-11

railroads WIN spend $40 billion
In the next 10 years improving
their equipment. That's twice
Jas much as they spent In the
10 years after 1915.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-29
Nixon Says Reds Can Lift
Five RoodbIocks to Peace

BOSTON. Aug. 20 (R.-vice
President Nixon said today there
are fye roadblocks In the path
II peace and only Soviet leaders
have the power to remove them.
The I'VE roadblocks, Mr.. Nixon
told the Veterans Of Foreign
Wars. are:
1. 1.-THE unnatural division OF
Germany, which is caused by the
Soviet refusal to agree to free
elections"
2. "The ornaments race and
the fear of surprise atomic at
tack, which will continue. until
Soviet leaders agree to an ade-
quate inspection system"
3. 1.-THE Iron Curtain Of barbed
wire. land mines and machine
guns which they have erected
through the middle Of Europe. "
4. 1.-THE colonial status Of the
Communist satellite states OF
Eastern Europe"
5. 1.-THE network of Moscow
directed Communist subversion
and espionage which extends in
to every free. country Of the
world"
"As long as these factors ex-
list. there can be no real peace
in Europe and in the rest of the
world" Mr.. Nixon said in a
speech prepared for the VFW'S
56th national encampment.
THE next three or four months
will tell the world a great deal
about Soviet intentions" he
said. adding:
"Affability can be simulated.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-29

and cordially can be turned on
an on like a faucet.
1.-THE cold facts. the hard deeds.
are what the world wants to see."
The Vice President said each
of the, five roadblocks to peace
he named exists only because
of the action or failure to act
Of Soviet leaders"
"Only they" he said, have
the power to remove them as a
source of potential strife and
war.
IF they fail to do so, their
cordiality will stand exposed as
a sham and a delusion.
"But If they act In the same
spirit as they have talked, the
beginning of the end of the cold
war will be in sight"
Mr.. Nixon also noted there has
been some criticism" of this
country's policy toward Commu-
mist China. The United States
does not recognize the Peiping
government and opposes its adj
mission to the United Nations.
Mr.. Nixon said the answer is
that Red China's own conduct
as disqualified her from being
treatd as a respected. law-abid-
ing member of the family Of
nations"
Mr.. Nixon added that "the Chi
nese people, the Russian people
and the American people can
and should be friends"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-29
AIRAAAN SCHMIDT SETTLES DOWN
Business Rule
Hit by Truman

MACKINAC> ISLAND, Mich.
Aug. % (P.-Former President
Truman fired the first salvo Of
q three-day Michigan Democratic
conference yesterday by accus-
Ing the Republican administra-
ton of falling 100 per cent
under the domination Of big
business"
Mr.. Truman, scheduled for a.
speech here tonight. told a news
conference that this domination
Started in Michigan"
The former President said he
did not want to discuss person.
alities, and he did not mention
by name Secretary of Defense
Wilson. former General Motors
president. and other Michigan
businessmen in the Eisenhower
administration.
Commenting on Democratic
chances in 1855, Mr.. Truman
said it was not inevitable that
Republicans would win If Presi-
dent Eisenhower is nominated.
Il think the man who will win
the election is the one who has
the best platform" he said.
Support Of Stevenson
Mr.. Truman reafirmed his
support of Adlai Stevenson and
at the same time made 1t clear
that he himself would not be a.
candidate.
Mr.. Truman denied that he
was embarking on another give
'em- hell" campaign.
Il never gave anybody hell
he said. II tell the truth and III
they think that's hell, that's too
bad"
Mr.. Truman steered clear Of
any comment on the recent re-
mark of Michigan's Democratic
Gov. G. Mennen Williams that
President Eisenhower is an old
man who might die in office.
Asked whether he thought Mr..
Eisenhower was to old to run.
Mr.. Truman said:
Il don't know anything about
that. You would have to consult
his doctor"
Nixon Comments
Vice President Nixon said in
New York last night, There Isl
no issue we would like better for
1856 than to let the American
People chose between the Tru-
man record on domestic and
foreign policies and the Essen
hover record"
Mr.. Nixon said Mr.. Truman Isl
''back in harness" In campaign
ing for the Democrats. The Vice
President made the comment to|
newsmen at LaGuardia Field asI
he left for Boston to address the
annual Veterans Of Foreign Wars
convention today.
Meanwhile, in Washington,
Republican National Chairman
Leonard w. Hall declared in a.
statement that Mr.. Truman'sI
current speech making sounded
like a bitter, frustrated man."
Truman, Butler Criticized
Mr.. Hall criticized both Mr..
Truman and Democratic Ma
tional Chairman Paul M. Butler
for what he called their Intern
perate remarks" at a meeting of
the Indiana Democratic Edito-
rial Association Saturday In
French Lick, Ind.
With no real issue to take to
the people, it's obvious they are
going to rely on smears and per-
sonal attacks on President Eisen-
hover and Vice President Nixon
Mr.. Hall said.
In his French Lick speech,
Mr.. Truman accused Mr.. Essen
hover of Misrepresentation and
demagoguery."
MIR. Truman dropped plans for
two speeches in California inl
mid-September. He said he will
return to his Independence
CMo0 home after speeches att
Mackinac Island tonight and
Detroit September to continue
work on his memoirs.
The Sidney herald., 1955-08-18

mother, Mrs. Olive Thornburg
Louis Deering of Scobey and JOY
Thornburg were also relative:
there. MI. and Mrs. Chas. Never
and Norman were dinner guests
there also. JOY Thornburg is now
employed at the new radio sta
ton in Wolf Point.
During harvest people who live
in town and only go to the farm
for seeding and harvest will have
to be more than cautious about
the hazards of fire, as the Movers
could tell you. They had the mis-
fortune of setting a fire from the
truck he was driving. The fire
ignited the tall grass around the
house and threatened to burn
it dawn Through the use of the
telephone and also because thew
were both right on hand to FIGHT
the blaze they were able to save
everything as the neighbors
rived in time to help.
The Maynard Cellmers were
callers in Culbertson Saturday.
The Sidney herald., 1955-08-18
MONTANA THIS E

of the most significant thing.
about the discussion was the real
ization that considerable basic re-
search has to be done to deter
mine, first of all, what the real
problem is and, secondly, the most
feasible and equitable means OF
arriving at a solution.
Fundamentally the problem has
always been insufficient money.
There are wide differences of
opinion as to how much money
Montana should have to build its
primary and secondary road svs-
TENS and to maintain these svs-
TENS. Obviously there is a point
beyond which the people of Mon
tana are economically unable to
go IN financing highways. But
where is that point? That is a
question needing a better an
swer than has been provided.
The really controversial phase
of the general problem is how to
work out an equitable formula
for assessing highway user taxes
against the various classes of
users. There are as yet far too
many undetermined factors in
reaching a fair evaluation in
this regard. The recurring demand
that trucks, especially CONNER
cIal trucks, pay all or nearly all
the cost of the enlarged highway
program has its inception large
The Sidney herald., 1955-08-18
BY Ernest Immel

Helena - Prospects are en-
couraging that the interim COM
mittees created by the 1855 legis-
lature to study Montana's high
way and street problems and make
recommendations to the 1857 as
sembly will do a more thorough
and realistic job than any such
groups have achieved in the past.
This is not because of any lack of
industry or devoted former com
mittees, but primarily because
under the present arrangements
there are financial provisions that
were not available before.
So that there might be a COM
prehensive and competent study.
the organized trucking industry
proposed a tax on trucks that
would give the fact finding COM
mittee and its research advisory
committee $4,000 with which to
operate. Thus it has become DOS
sible to hire a professionally quail
flied man to direct the study He
is William l.. Hall, on leave from
the bureau of public roads. who
has come here from Portland.
Ore.
The two committees met singIy
and then jointly in Helena re-
Gently. 1t seemed to me that one
The Sidney herald., 1955-08-18

bertson for a birthday party in
honor OF Mrs. Marvin Poland and
son Jimmy.
Mr.. and Mrs. Orville FitzG Gerald
and Carl Lawson came out to the
G.. w. Thompson home for a visit
Wednesday.
Arthur Edeburn helped Norman
Eldrldge set up a steel grain bin
Wednesday and Thursday.
Mrs. Arthur Edeburn and Iris
visited at the Norman Eldridge
home Wednesday afternoon.
The local fair board held a
meeting at the local hall Wednes-
day evening. Mr.. Nutter and Mr..
Davidson of Sidney showed slides
and movies to the small group
there.
Mrs. Arthur Edeburn and Iris,
and Mrs. Bill Ochs were Williston
shoppers Thursday.
Mr.. Lippert of Culbertson called
at the Bill Ochs home Thursday
morning.
Alice Anderson returned from
Great Falls Wednesday morning.
She visited her sister, Mrs. Rob
ert Bond, there.
The combines are all in full
swing now and everyone is re-
porting a very satisfactory yield.
Mr.. and Mrs. Myron Schow
and boys, Mrs. Tina Lewis, Ben
ny and Edith, and Mr.. and Mrs.
Norman Eldridge and family all
enjoyed Sunday at Plentywood,
Mont, where they attended an all
day fellowship meeting.
The Sidney herald., 1955-08-18

place and visiting the Can Hodges
VINO 1--we on what used to be the
Whltcomb place. He saws he
thinks the crops look real good
this year. Cecil Birch was oft
Monday to help combine on his
field by the schoolhouse
Mrs. Maynard CeIlmer and
chlidren were callers at the Rak-
er home Tuesday.
A few of the neighbors r al
this week. s
POSTS have been set for the REA
line almost to the Pat Could
iarm. Members of the crew work
ing on the line are John Sben-
num- Bill Arthur, Howard SpideI
James Wolff and Calvin VALID
bauer, all of Circle, Mont.
Mr.. and Mrs. Peder Edwards Of
Watford City, N. D., were over
night guests at the home of their
cousins, the Sam Antonsons on
Thursday. ="
Mrs. Pat Gould had word Fri
Gay OF the death of her nephew
Bill Wilson, of Snowden Ri1i
passed away Friday morning at
their farm home at Snowden He
nad been i'll for some time with
4 heart condition. The GouIds
down to the home at Snow
aen Saturday to be with Bilps
brother and sister.
The Bonnie Antonsons were
callers in Culbertson Saturday.
me Stan Patches motored to
wolf Point to visit Mrs. Patches
The Sidney herald., 1955-08-18
Andes
Mrs. Norman EIdridge

MI. and Mrs. G. w. Thompson
went to Culbertson Monday eve
ming to visit the George Daniels
and with Mrs. Thompson's sis
ter and husband, the Orville Fitz-
Geralds and a brother, Carl Law
son, all of Illinois.
Tuesday evening the Fred and
w. Thompsons went to Gull
The Sidney herald., 1955-08-18
SUNSHINE HOMEMAKERs

Mrs. Carl Anderson and Mrs.
Ida Shade were dinner guests
at the Milton Olson home Mon
day.
Mrs. Gordon Oakland and Mrs.
Ralph Chase visited with Mrs.
Raymond Oakland Tuesday after
noon.
Raymond Bawkus is visiting
with his grandparents Mr.. and
Mrs. Louis Hagen.
The Sidney herald., 1955-08-18
South C~ulbertson
81 NJ. Stan patrh

The Bonnie Antonsons returned
from their trip out west last
sunday. Mrs. Matt Antonson re-
NAMED in Tacoma to visit her
daughter Beda and husband for
a longer stay.
Albert Whitcomb was a caller
IN TINS community Monday looking
over the crops on the Franklin
The Sidney herald., 1955-08-18

mo, you didn't get me out Of bed. We've cot q
bedside phone now.
Step-saVing additional telephones cost only 8 or 4
cents a day, plus a small installation charge, regard
less of uhere you want them installed. Just call our
Business Office e. Mountain States Telephone.
The Sidney herald., 1955-08-18

~ THE D HERALD
@a Thursday. Aug. I8. 1855
Evening star., 1955-01-23

fire hose struggles against direction Ice sticks the ladder
Flame and smoke into the night But it's "under
control at last The fire fighter feels beaten by fatigue
numb with cold Then says Here have hot
coffee. Coffee What hearty bracing drink. What great
tension and lift the spirit Real hot
cheer in cup During your day. have hot coffee
whenever you like So much rich flavor for only pennies
cup Enjoy coffee often and make right Use level table
spoons Standard Coffee Measure) every cup Give
better work better feel better
BUREAU Wall st., New York Y.
AdpUis1