davidaulloa/AmericanStories huggingface dataset:
Evening star., 1955-02-13
American Summary

tEurnishe6 BY the Associated Press.I
list Of most active stocks on the
American Stock ExchanEe, showine the
high low and eiosinE prices Tor the Weeh
and the net chance from the Urevious
Week'S rl0se
Evening star., 1955-02-13
| PAID $40 FOR
A NEWSPAPER
AND MADE $4,000
By a Wall Street
Journal Subscriber

The day / picked up q copy Of The
Wall Street Journal in a hotel lobby
was a turning point in my life. / saw
right away that here was q tool that
would help me earn more money. So I
started reading The Journal regularly.
Twas not mistaken. Now / know why
men OF wealth and prestige read The
Journal. 1t is part of their secret. 1t is
one of the things that helped them get
where they are.
The way The Journal helped me get
ahead is proof that knowledge is power.
The Journal gives me the knowledge |
need to get the things want. The $50
spent for years subscription to The
Journal helped me add $4,000 to my
Income.
This story is typical. The reports in
The Journal come to you daily. You
get quick warning Of any trend that
may affect your income. You get the
facts in time to protect your interests
or earn profit. The Journal helps sal
aried men making $1,000 to $40, 900. It
Is valuable to small business owners. 1t
helps young men get ahead.
The Wall Street Journal is the COM
plete business DAILY. Has largest
staff of writer's on business and finance.
The only business paper served by all
four big press associations. 1t costs $40
. year, but you can get Trial Sub
scription for three months for $6. Just
tear out this ad and attach check for
$6 and mail. Or tell us to bill you.,
Address: The Wall Street journal, 44
Broad St.. New York 4. N. Y.vs a., ,s
Evening star., 1955-02-13
Bond Summary

A list Of most active bonds on the
New Yerk Steek Exchange, showing the
high low and closing prices for the week
and the net change from the OreviaBS
weeks close
Evening star., 1955-02-13


Which means that whoever
wins-Mr. Avery or Mr.. Wolfson
will win not because he really
is capable Of managing Wards.
Whoever wins will win primar-
ily because he has the fortune
at his disposal to finance his
fight-and that you must ad-
nit, is a mighty sickening in
dictment of our business setup
these days.
It'll be the stockholders OF
Montgomery Ward who'll foot
the bill for Mr.. Avery's battle,
pay for the pamphlets. bro
chures, newspaper ads, ETC., with
which they themselves soon will
be bombarded.
It'll be the new millionaire Mr..
Wolfson and his millionaire sup
porters who'll foot the bill for
his attacks and counterattacks.
"And the upshot," as the
American Institute of Manage
ment puts it In a brutally crit
ical analysis of this contest. will
be that the stockholders may
make their choice between one
Evening star., 1955-02-13
Your Moneys Worth
Bottle for Wards Draws Shorp Criticism
By SyIvio Porter

man control by an aging man
of genius or an aggressive young
man whose operation of varied
enterprises recently acquired
hardly suggests ability to undo
whatever damage Montgomery
Ward has suffered. ="
Both Mr.. Avery and Mr.. Wolf
son have hired top-notch public
relations firms and grand
schemes for capturing proxy
votes are now being worked out.
Mr.. Wolfson set a fast pace from
the start. and soon he'll be off
on a whistle-stop tour across
the country to WOO as many
stockholders as he possibly can
reach. Mr.. Avery began his
wooing a while back when he
suddenly announced an extra
dividend for stockholders. The
expensive pamphlets and bro
chures, costly ads and reprints
are still to come. 80.
There's nothing wrong with q
healthy, hearty fight for control
Of a corporation. There's every
thing right about it-particu-
larly when q corporations man
ayers have turned in q dismal
record, have failed to keep up
with the country's growth, have
lost the faith of many Of their
employees as well as stockholders.
But there's plenty wrong with
proxy contests that degenerate
into circuses-as the New York
Central battle almost did and
the Montgomery Ward contest
well may.
There's plenty wrong when a
fight for control Of q company
turns a corporations stock into
a speculator's football.
There's plenty wrong with the
whole system when only a mil
lionaire can dream of running
for a big Office in a big corpora
tion-and the standard for VIC
tory is not know-how but cash,
not experience but ballyhoo.
tCopyrisht. 1855. POST
Hall Syndicate, Inc.)
Evening star., 1955-02-13
oUT-oF- TOWN LIsTINGs.
New York Cotton
WASHINGTON AREA IIsTINC;l

NEW YORK, Feb. ~ Pl-Cotton
futures prices hel dto a narrow ranse
this week with slight tendency toward
the downside.
Active futures contracts traded on the
New YORK Cotton Exchange showed net
losses which ranged from 50 toA 55 cents
bale. There wa sa mild furry OF SELL
ing early in the week, when the Moscow
government announced sudden shift of
PremlerS. Later on. some selling was
prompted by statistics indicating a sharp
decline in the movement OF cotton into
the Government loan,
Domestic and foreign price fixing. and
short covering, supported the market,
however. while the outlook for a some
what tighter supply of cotton also acted
as a prop.
The decline in loan entries last week
was sharper than many in the trade had
expected, New York Cotton Exchange
officials pointed out. And, they added,
it now seems likely that the total move
ment of cotton into Government hands
this season will be considerably below
the Agriculture Department recent esti-
mate of 20 million bales, Present indi-
catios are. EXchange officials. said, that
the total won't reach % million,
Exports for the week ended February
8 we're estimated by the EXCHANGES
Service Bureau at 100 600 bales. This
compares with 1890 0the previous week
and 1G2. 900 a year ago, The total for
the season through February 8 is esti-
mated at 2l31.0a0 bales vs.. 642, 900
at approximately the same time last year.
Evening star., 1955-02-13
Chicuoo Grain

CHICAGO. FEB. 12 tP.--It really
looked IKE February in the grain market
TINS week as all cereals became quite
weak. February Is traditionally a month
down -'"i nc"
The weakest cereal was oid-crop wheat
on more than q cents IN the May con-
tract. Rye vas also down quite sharply.
Soyoeans suffered from general liquieia-
ton although the March contract held
up petter than distant deliveries
wheat closed the week 34-6aa lower
corn ia to 3 cents lower. oats Sal s.
lower, rye 512-6l2 lower, soybeans ai.
pa lower and lard 80 to 43 cents a
hundred pounds lower
growing belief that the amount of free
Wheat suffered principally from
wheat available before the new crop
comes In will be quite adequate. an
opinion which was not held several
An, important factor In the soybean
downturn was the International situa-
ton. Soybeans were bought when the
F'ormosan situation came to a head on
the theory 1t might provoke a hot war
between America and China.
Government figures showing small
part OF the 1854 corn crop had been
put under loan depressed the yellow
grain, AND oats went down with corn.
loose lard tumbled to 1n5x cents a
pound ITS lowest price since July. 1853
cash product.
Range of prices for the week:
Evening star., 1955-02-13
Speaker for Ad Club

Reginald Clough. publisher Of
Tide magazine, will address an
Advertising Club luncheon at
Hotel Statler Tuesday. His sub
ject: who Is Winning the Rev.
olution in Marketing?"
Evening star., 1955-02-13
BitumjnO,Is Productio,

BltuminOus Production in the
week ended February S totaled
100000 tons compared with
8,830.000 in the previous week
and 1885. 900 in the like week
a year ago.-National Coal AS
sociation.
Motor Vehicle Output last
week totaled 167,095 cars and
14.824 trucks compared with
164,265 and 18.425 in the previ-
GUS week and 108, 1853 and 21,53O
in the like week a year ago.
Wards Automotive Reports.
Crude Petroleum Stocks, do
mestic and foreign, on February
S totaled 260, ,144, 900 barrels, UP
$4,000 for the week.-Bureau Of
Mines.
Benjamin F. Fairless, q. S.
Steel Corp. board chairman.
branded as 'viscious propa-
ganda" claims that additional
mechanization or "automation"
in industry would cause mass
unemployment. He said fears Of
an entirely automatic factory
are "just plain silly"
Cudahy Packing Co. reelected
e. A. Cudahy of Omaha, as
chairman of the board.
ROhm a. Haas IN IN ~nor
ended December 81 earned $12,-
431 900 or $12,52 q share VS..
Sc, $40 900 or $6,45 in 1853.
Gamble-SkOgmo, Inc. in year
ended December 81 earned
81, Sol ,818 or 81 cents a share VS..
$2,419,665 or IS cents in 1858.
Valley Mould & Iron Corp. in
year ended December 81 earned
50 ,064 ,009 or $504 a share VS..
$2,210,298 or $541 in 1858.
Hussmann Refrigerator Co. in
year ended December 81 earned
81, ,705 ,901 or $2.64 a share or
81, 1,73S,756 or $2.68 in 1853.
Electric Controller g. Mfg. in
year ended December 81 earned
81. l.003.117 or SAT- a share VS..
$1,318,117 or $3.50 in 1853.
Arundel Corp. in year ended
December 81 earned $93O,5O4 or
$2.l2 a share VS.. $1,015.394 or
$2.32 in 1858.
Evening star., 1955-02-13
Federal Bonds Drift
Lower as Corporates
Gain, Then Decline
BY Arthur Merims

NEW YORK, Feb. 12.-Gov-
ernment bonds drifted lower this
week while the corporate bond
market moved forward. then
backward to little net result.
There was no pressure on the
Treasury list at any time. re-
ported dealers in those securi-
ties. But neither was there any
demand. Investors switching
from one Government issue into
another tended to depress prices.
The Governments 30-year
3l4s lost 1882 at LOG 1882 bid,
yielding 2.84 per cent. The new
40-year IS dipped 6f32 at
100 4/32 bid. a 2.99 per cent
yield. The 2las of 1868 at
80 22/32 bid were off q quarter
of q point on the week.
Corporate trading was irregu-
lar. Convertible obligations fol-
lowed the stock market upward.
And many medium grade bonds,
selling below par value, found
support. But investment-quality
industrials and utilities took
their cue from the Treasury list
and eased.
Railroads were the strongest
part Of the corporate market.
Bonds Of the Baltimore 81 Ohio,
Florida East Coast, Warren
Railroad and the Boston g.
Maine advanced. Defaulted
Third Avenue Railway and Hud-
son &c Manhattan were also In
demand.
The shakeup In the Soviet
Unions hierarchy had little ef-
feet on the foreign list. German
dollar bonds declined and Japa-
nese liens were irregular. Greek
bonds fell sharply early in the
week, but recovered later. East
European issues were steady.
Evening star., 1955-02-13
Chicago Livestock

CHICAGO. Feb. 12 R1.-Butcher hogs
fnd soSs MTss Ssnsd 2S to 50 cents on II:
fell to the lowest level since last October
while other grades, along with all heifers,
ss f35 tRe hf ss ses5 Gn 1tseFa
several weeks for prime steers. Re-
celpts in the cattle section were about 10
per cent larger than week ago and
about the same as last year.
(USDA(-Salable hogs 900, total 2. 900
Estimated: compared week ago; All hogs
25-5o higher; arrivals included increased
heavy as 375 ID. trading, SLOW and
frequently varied so or more per cwt;
choice 10000 10. bltches II 90 II Is
with selected choice ! grade to 1900;
a5oH3s0 ID. 15'5o-is'sa5: ss0-sso Ii Is
l3.oo- $50: most sows sold late al
0-l5 90.
sslahle cattle. 100; total. 100 Cesti-
steers. ,5u-I 90 lower; other Grades
steady: heifers mostly steady: few loads
and lots average prime to high prime
$500; most prime steers. 3200-34 90;
loadlots mixed choice and prime Grades,
2se2-3i So 61s Choice steers and and
choice srades. ia.5G,s4 SO: low utliity
to average commercial steers. 14.50-
1900; few head prime heifers and one
or two small lots prime mixed steers
and heifers, 3n.00-30.50 good and
choice heifers, l9,o0-.5.oo: few loads
and lots average choice to high choice
good heifers, l5On-19.00. most utility
and commercial cows, ll.o0-1 100; some
commercial cows up to. 400 and load
high commercial 1.150-lb. one-ean cows,
1900: bulk Gamers and cutters, 300
11.5O ard few light Gamers sold down
to 90; most utility and commercial
bulls "A .o0-lf0 90: scattered head. 1926
and 16 30: three loads cutter and utility
1.0f5-lb. bulls, 1925: heavy beef buils,
II COLI 90, but few choice yearin8
vealers late, "a .60-a6 o0; cul 10 com.
mercisl grades, s,an-o3.nh; good and
choice feeding steers and vearliH&s.
10 @5-s3itH5: some good and choire
yearling stock heifers 6a0-6,5 lb..
salable sheep 100. total 100 'esti-
mated; compared week ago; Slaughter
lambs mainly steady slaughter sheep
steady to 50 higher; good to prime
wooled lambs. los lbs. down. mainly
2075-"2 -; mostly u 50 and above
for choice and prime; scattered loads and
lots choice and prime 2:12. with the
late in the period top was sparingiy paid
90 IS. mostly choice 10S- l21-lb. wool
skins 90 1920 90; Gull to low good
wooded lambs, 10000 80 for the most
part; mostly choice a4-105-lh. No. ]
and fall shorn lambs, ~ 50-2t 90;
cpmparsbls srsdins Ing i loa: 10-lb summer nn1e
101 lib fall shorn yearlings, $500; Gull
to choice slaughter sheep. 6.00-9 90, with
a part deck choice l1S-lb. ewes $50;
new high since April. 1854.
Evening star., 1955-02-13
Output Records Set
In Many Areas, but
Buying Eases Slightly
By Walter Breede. Jr.
As,oeiated Press Bvsinsss Writer

NEW YORK, Feb. 12.-Pro-
duction Of many raw materials
and consumer goods moved to
all-time peaks this week, but
consumer buying was a little
lower. -
The list of new records was
impressive.
Automobile output was the
highest for any week on record.
Also at new high levels we're pro-
duction and refining of crude oil
and production of electric power.
Steel output climbed to its high
est point in Is months.
The building industry reported
spending on new construction in
January at record for that
month.
Total dollar volume of retail
trade tincluding purchases of
food, automobiles and gasoline
as well as home furnishings and
appareD was down a little for
the week. Department store sales.
at latest available count, dipped
below the year-ago level for the
first time in 1855.
Retail sales of new automo-
biles continued to lag behind the
blistering production pace set by
the manufacturers. General Mo-
tors headed the weeks record
output of passenger cars with
Chevrolet building. just under
10000. Overtime and Saturday
shifts were scheduled by Ford
and Plymouth.
Construction activity eased O
little in January but the decline
from December g per cent? was
smaller than usual for that time
Of year.
Evening star., 1955-02-13
New York Bank Stocks
Commodity Prices

ciated Press index Of wholesale commod-
ity prices this week declined for the
second straight week
The index of 35 commodities slipped
to 1853 from 1853 last week but
was. higher than the 174.06 OF the like
week year ago.
The industrial component rose once
more to a new 1954-5 high. while the
food index dipped to o new 1854 -5 low
Livestock. grains and cotton and textiles
were off from week ago. while nom
ferrous metals rose.
Evening star., 1955-02-13

man, SeWell L.
Avery, or the
C h ii e nger,
Louis E. Wolf
son.
But I will
bet that each
side in this
bitter fight
will spend at
least a ST.
100000 in the
next 80 days
in a no-hol0S-
b AIRED at
tempt to con-
vince Wards
Evening star., 1955-02-13

Rates of dividends in the tnTeRoine
table are annual disbursements based on
the laSt quarterly or semi-annuaI dec
isration. Unless Otherwise noted, special
or extra dividends are not included.
Also extra ol extras Annual rate
plus stock dividend Declared or paid
III 1865 plus stock dividend c PAID lss
year Payable in stock estimated easn
value on eX-dividend or ex- distribution
date & Declared or paid so far this
year. h Declared or paid after stock
dividend or split-up. Declared or paid
this year an accumulative issue with
dividends In arrears PAID this year.
dividend omitted deferred or no action
taken at last dividend meeting De-
clared or paid In 1854 plus STOCK uivi-
dend v Liauidating dividend cid Called
ur Under rule xd Ex dividend S-dis fz
distribution 1r Ey rights Nv Withoui
warrants Wv with warrants. vt War
rants va When distributed vi When
issued, 'fn bankruptcy or afCeyership
or being reoFesni1ed under Nthe Bank
ruptcy Act, or securities assumed by such
com mpanieA
Evening star., 1955-02-13
Mutual Funds

NEW YORK, Feb. ~ Pr,
Association of Securities Dealers.
Evening star., 1955-02-13

I wouldn't bet now on who is
going to win the battle for con-
troll of Montgomery Ward & Co.
this spring-the present chair
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-14
Marshall Field Gets
CHICAGO U. Award

CHICAGO, Dec. IA (P.-Mar-
shall Field, president of Field
Enterprises, yesterday was named
recipient of the Rosenberger
Medal, the University of Chi
cago's most distinguished award.
The citation said:
I'm recognition of his pro-
found concern for children in
this country and abroad and
his manifold contribution to their
welfare. his encouragement of
men and women exploring and
ministering in psychiatry. his
persistent efforts to improve re-
lations among the races, and his
answering belief that freedom
is more than a word"
Mr.. Field also is president Of
the Field Foundation, whose
grants since 1949 have been
largely directed toward areas in
volving the problems of children
and those arising in the field
Of race relations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-14
EnvoyAsksU.S.
To Clarity Goa
Talk by Dulles
BY the Associated Press

Indian Ambassador G. l..
Mehta says he has asked the
United States for "some clarif1-
cation" of Secretary of State
Dulles recent reference to Goa
as a province of Portugal.
India and Portugal are in a
dispute over Goa, a small terri
tory under Portuguese rule on
India's west coast.
Mr.. Mehta conferred with As
sistant Secretary Of State George
Allen for an hour yesterday.
Mr.. Mehta said a joint state
ment issued by Mr.. Dulles and
Portuguese Foreign Minister
Paulo Cunha sis under consid-
Grafton by our government"
ST have been asked to get some
Qualification. he told newSmen.
The joint statement aroused
a controversy in India by its
reference to Soviet allegations
referring to Portuguese provinces
in the Far East"
Mr.. Dulles and Mr.. Cunha
were striking back at Communist
Party Chief Nikita Khrushchev.
They accused him of attempting
to stir hatred and prejudice by
the kind of language he has used
in demanding that Goa be turned
over to India.
The Indians have refused to-
recognize Goa as a Portuguese
province but have halted efforts
by Indian nationalist to stir
violence there.
Mr.. Dulles has said that in the
joint statement I'VE did not take
any position on the merits" Of
the Goa issue.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-14
Burglar Steals Kiss
And UnmentionubIes

CHULA VISTA, Calf. CP.-
A burglar stole kiss. Miss Pa
tricia de Vany. 26, awakened
by the kiss, said the man also
fed with some of her freshly
laundered sheer garments which
she had hung in the bedroom
to dry.
She told police the intrusion
and thefts were particularly en-
barrassing because she Is en-
gagged to be married.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-14
Shop Thursday Downtown $50 Am. to 800 pm.
Use our convenient 2ho phone order service dial District $500

OXFORD - toe and heel
out oxford, mudoord.
Black or brown.
A.99
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-14

B. PuIIon With three-button
back closing and pert rib knit
coIIor with tie trim. White,
light blue, pink, mint, black,
beige, lilac. "a to 40. .4,99
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-14

c. Classic pulIon and cardigan gift boxed
in eoIortuI striped box White, pink,
maize, gold striped, black, mint, beige
and turquoise, 344O set 1000
PuIIon, 800 Cardigan, 500
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-17

arrive in Cairo today and end
their junket in Geneva Septem-
Der ].
On the way the group is pre-
lsenting a play called "The VAN
fishing Island There has been
Icriticism Of the Air Force trans
porting the group, particularly
in India.
Last June some 90 Congress
Ii men told Defense Secretary VIII
son that to carry the MIRA group
around Asia, after they got there
Iby commercial routes. would be
a worthy assignment for the Air
Force. Mr.. Wilson and Mr.. Tai
/ bolt finally approved the project.
Moral Rearmament will pay .
lcut rate for It's long ride. The
tAir Force normally charges two
rates for transport fights 1925
for governmental agencies ana
SITS for non-governmental agen-
cies. Moral Rearmament viii pay
the Government rate. Its check
win amount to about $97 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-17
MIRA to Junket
AS Scheduled

Air Force Secretary Quarles
said today he planned no change
in the controversial 57-day. H.
000-mile around the world trip
of the Moral Rearmament group
in three big transports belonging
to the Air Force.
His predecessor, Harold E. Tall
bolt. approved the operation
early last month.
There viii be no change in
the plans already in operation. I"
Mr.. Quarles said in answer to q
reporters query.
The three C-118 aircraft from
Mcclure Air Force Base in New
Jersey few out to Manila to pick
up the 1872 touring delegates (55
of them Americans) to ferry
them slowly through Asia and
/ the Middle East. They were to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-17
Adams Joins
.Leqoi Firms

John Adams. former Army
chief counsel, has joined the
law firm Of Charles e. Ford and
Clifford H. Alder with offices In
the Columbian Building on Fifth
street near e street NV.
The move came to light when
Mr.. Adams name appeared on
"a suit filed yesterday in the U. S.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-17

District Court for the District Of
Columbia.
The suit was filed In behalf Of
John Udan, president Of the
Philippine American Society,
who is asking 100000 in dam
ages from another member for
statements allegedly made at a
meeting Of the group.
Mr.. Udan. who lives at 1918
Eighteenth street NV. named as
defendant in the Islander suit
IFlorentine Calabia. SITS New
Hampshire avenue NV.
The name calling was alleged
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-17
Busy Hurbor

NEW YORK. - This harbor
boasts $4,000 annual arrivals
and departures, which is more
than for any port In the world.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-17
Cycle Output

PARIS.--FactOrieS IN France
produce upwards Of LIS million
bicycles per year, according to
recent industrial figures.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-17

during meet role In the Mccarthy Army hear
ing society the Knghtsings last The Ford
of Hail. s18 Tenth rm handles large percentage
street NV of important criminal and civil
Mr. Adams played prominent cases here
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-17

.open Tkursdar Niahts 'tiI