davidaulloa/AmericanStories huggingface dataset:
The Miami times. [volume] (Miami, Fla.) 1923-current, 1956-12-15
HOT TIME BOTH WAYS
Personal Mention

Ruth dear, ! had my watch re-
paired at DAVID JEWELLERS, as
you suggested. Darling, did you
see the wonderful buys they have
in watches and gifts. III meet
you there Wednesday, 6 pm
Joe.
The Miami times. [volume] (Miami, Fla.) 1923-current, 1956-12-15
Brownsville
Progressive Lodge .
To Lay Cornerstone

To the worshpful master, wor-
thy matron and masonic family.
You are cordially invited to attend
the cornerstone laying of the First
Temple built South of Jackson
vile, Sunday Dec. % at one
o'clock.
Ed BurtS
Dept. Grand Master Dec. %
The Miami times. [volume] (Miami, Fla.) 1923-current, 1956-12-15
BY ELIZABETH GRAHAM
and ROSE FARoUHARsoN

Home" Honey Chile" "Blue-
berry Hill"
Best dressed girl and boy of
the week.: Dolores Lawson and
Rudy Glover.
FOR A CRISP CHRISTMAS
A wife in Cleveland called to
her husband, Last year we sent
mother a chair. What do you
think we ought to do for her this
year," The husband called back,
"Electrify it."
HOT TIME BOTH WAYS
Grandma was giving the recent
bride a heart to heart talk.
"Child I hope your lots goin'
The easier than mine," she said.
"All my welded days I've car
ried two burdens-pa and the
fire. Every time I've turned to
look at one, the other has gone
out.
The Miami times. [volume] (Miami, Fla.) 1923-current, 1956-12-15
TeenzTaIk
Howdy Gang:

Here we are again, just as we
promised. We sincerely hope you
enjoyed the column last week.
This week we'll change things a
bit by giving you a special fea-
ture:
The Miami times. [volume] (Miami, Fla.) 1923-current, 1956-12-15
SPOTLIGHT OF LIE WEEK

ture:
SPOTLIGHT OF THE WEEK
Name: Charles Smith. Tele-
phone PL 4-8462. School: North
western Senior High. Main hobby:
Girts. Hobby: Football, basket
ball, track. Main girl friend: Lei
la Thomas. Favorite actress: Kim
Novak. Favorite actor: Charles
Smith. Favorite vocalist: Charles
Smith. Social activities: Dancing,
movies. Ambition: Professional
football player.
1--WE DICTIONARY
Twit Twat. Gossip
Tom Cat: Male jitterbug
Cooked ham,. Washed up actor
Ancient Ayers: Grandparents
Couples of the Week: Freddie
Taylor and Brenda Frazier; Mary
Lee Morris and Henry Mackey;
Eva Doris Beckwitt and Emmett
Gaines; Jackie jenkins and 0. c.
higgins; Erna Parks and Leon
Davis.
SPINNING THE RECORDS
/. A Thousand Miles Away-The
Heartbeats.
2. In the Chapel - Ann Cole
3. Honky Tonk with words -
Bill Doggett
4. / Get a Thrill
5. Love me Tender - Elvis Pres
ley
Favorite vocalist of the week:
Fats Domino (real name Antonio
Domino). Fats is man with a
beat that makes you move your
feet. His success has been so mag
nificent that it is impossible to
Say which of his records is the
best. Among his recent hits are
"When my Dream Boat Comes
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04

SECOND SECTION
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
NV. Area

Custom built English style
p pr o stud noqs 'G iiS. rm.
bath. gas heat: full dry bsmt.:
knotty-pine rec. rm. Can be
bought for as low as $1,000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
MICHIGAN PARK

MICHIGAN PARK
Mr.. new Prov. Hosp. .5021 18th st,
n.e.-1mmac. semidet. brk,; lge.
| liv. rm., din. rm., attr. kit. 8
bedrns, full bsmt.; lovely fenced yd. !:
cement frt. porch with awnings;
cow. to transp.
lO45 TAUssIG PL. N.E.-Attr.
2-bedrm. brk, mr.. Prov. Hosp. and
C. u. Campus School and ST. An
thongs: rec. rm.; fenced yd. AR
THUR l.. CURLING, LA. 6-6631. LA.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
HOUSES FOR sALE-N.E.

3RoOKLAND. 65s Franklin st. ne.
Vacant corner brk.: 5 rms, z
baths: att. garage; equipped for 2
families. Excel. terms. W. C..
FAussETT, WA. 7-112l. LIZ. 2
RIGGS PARK-By owner: complete
ly redecorated; 2 bedrooms. living
bath; full basement; large level
fenced yard; new refrigerator; WALL
to-waN carpeting: washer and
dryer. Bus and shopping center at
corner. 5725 5th st. ne. ia. g.
RIGGS PARK-s7e.so mo. to quail
iiied CT for this modernistie 6-rm.
kit, sep. din. rm., plus full bsmt.
with rec. rm. and built-in garage
To INSPECT, call today until 9 PM.
RIGGS PARK. .ele Nicholson st. ne
Z44.yr.-old brick, 9 rms. ~
Anchor FENCE; fuf pG Easement iatse Fu iHs
equipped tiled KITCHEN, esrpeting
W0ODRIDGE-6-rm.. 2 baths. bum
galow; corner lot; auto. heat: ALL
copper water pipes; new water
heater; full bsmt.; built,in garage.
:oS o 1 IfSi 81. N.E.-Ioyeis 2-family
brick. cow. loc.; oil heat. Priced
to sell. Open Sun. til 3.
$50 MARYLAND AVE. N.E.-3-story
brick home. ideal for large family;
apt: on Bird ,foor: good condition;
THos. E. FARRELL Co. ri 10Th
st. NV, MA. S.0765: or Saturday
and sunday call IA. 5.S1S5. "A
rm. brick, 4 yrs. old; center -hall,
IN baths. link fence Well kept.
Open 1-5. j. A. CLARK. JU. 9-S650.
SMALL DOWN PAYMENT-Newly
dec 5-rm. brick home. 1900 Mon
tello ave. Open Sun, 12-5. DE
2-2754.
NEAR NEW PROVIDENCE HOSP.
Excel. cond.; brick semidet.: 3
bedrms.. "a baths. rec. rm.. lge
iehesa 2 sal PLE ASsaRs ri RESL al loan
,JU $4,000 or III 9-64l7
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
HOUSES FOR sALE-h.W.

COLoRED-6 RMS.-$11,950
Open Ia. 713 TEWKEsBuRy PL.
NV. Semidet. brk,, frt. porch, 3
bedrms.. bath. bsmt.: blt.-in. gar.
MI Tarnet. ia. a-5S11.
LEO M. BERNSTEIN co.
co kosaa q .tn O
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
8 Modernistic Hammers

In ne, One 81" shaped and
one oblong rambler. The other is
$4,000. 8 rms. rec. rrn bUilt-in
ovens CAN Mr.. Fletcher. ewes, LII,
The Sidney herald., 1956-05-17
Power Plant
Ground Breaking
Ceremony June 6

Ground breaking ceremonies
for the $1,000 900 Montana-Da-
kota Utilities plants are scheduI-
ed for Wednesday, June 6, Dean
Beck, Sidney Chamber of Com
merce president said today. Pre-
liminary arrangements have been
made by Chamber officials; Ken
meth Mcdonald, Montana-Dakota
Utilities Sidney manager and
Brad Durant, Montana : Dakota
Utilities district manager at Glen
dive.
Sixteen members of the Mon
tana-Dakota Utilities board of
directors, President Cecil w.
Smith, and board chairman, r.
M. Heskitt will participate in the
ceremony. Representatives of
Ebasco Services, Inc, engineers
and construction supervisors, will
also be present. Sidney Chamber
leaders, city and county officials
will assist in the dedication pro-
gram.
The $4,000 XIV steam-electrfc
generating plant will be located
near Sidney and the Yellowstone
river. Pulverized Ignite coal will
be used with natural gas as an
auxiliary fuel. Personnel of
Ebasco Services, Inc. have been
arriving in Sidney this week.
The Sidney herald., 1956-05-17
Freight Rate
Meeting Held
Wednesday

w. G.. Sanford, Montana Citi-
zens Freight Rate association
manager and rate expert, spoke
to a group of 40 Shriners We'd
nesday evening. Four representa-
tives from Froid and Medicine
Lake attended.
Sanford gave a very interest
ing report to the group on activi-
ties of the state association and
on the fine financial support re-
ceived from the Richland County
association and local
The Uniform Glass Rate re-
duction is expected to go into
effect within the near future
which will mean a 20 to rs per-
cent reduction in rates. A more
detailed report will be given
next week.
The Sidney herald., 1956-05-17
Sidney H. S.
Lists Candidates
For Graduation

The following students are
candidates for graduation from
Sidney high school, class of 1856:
Helene Margaret Andersen,
Phillip Gregory Angel, Raymond
Leroy Doe, Wallace John Braun,
Merlin E. Brockway, Julie Mar
garet Buchholz, Charles c.. Carda,
William Everett Coffrin, Clayton
c. Cummins, Darrell L. Dahl,
Dorothy Blanche Dashner, Phyl-
lis DeVries, /. Jean Erickson,
Theodore r. Eriksen, Evelyn Rose
Fink, James Aaron Fink, Theo-
dore e. Fischer, Carol Patricia
Frandsen.
Margaret Alice Gartner, Joan
Rodelle Gilster, Richard Earl
Goldsmith, Gary d. Groshart,
Rose Marie Hackley, S. Lee Han
son. Celia Ann Hardy, Marvin
Harold Henderson, Audrey Jeane
Hestikind, Suzanne M. Hurd,
Dale E. ~Iversen, Charles E. ia
cobson, Robert Scott Jarvis, Da-
vid Jack Johansen, Mary Elaine
Kappel, Doris Elaine Kerbel,
Vera M. Knels, Gloria Yvonne
Kukas, Elaine Lynde, Larry Nc
Rae, Larry Victor Marker, Aug
Justine A. Minjares, Phillip Mis-
chel, Margie C. Paladichuk, Jay
Palmer, Bing c. Pon.
Laniel B. Potter, Yvonne Irene
Provost, Robert j. Putnam, Vir-
ginia Lee Ramus, Shirley Ann
Rau, Franklin c. Reinke, Eugene
George Reitz, Larry Leroy Reitz,
Audrey Charlotte Rozelle, James
-. Sattler, Donald d. Scheetz,
Erwin E. Schmidt, James j.
Jerry d. Simonsen, Gerald
Six, Alice Elizabeth Sjos-
rom, Andrew James Skillen,
Anna Lorraine Smelser, Warren
Gerald Smith, Shirley Jane Sor-
'nsen, Lloyd Sparks, Cora Jane
steinley, Richard O. Thompson,
faith Constance Witt, Audrey
rene Weaver.
The Sidney herald., 1956-05-17
Game Warden
Discusses Cartside
Lake At Kiwanis

Kiwanians were given a report
on the progress and expectations
of Gartside Lake at their noon
luncheon today by Game Warden
Donald Berg.
The Game Warden reported
that the dam had been completed
and that the fish and game de-
partment would plant rainbow
trout in the lake when the water
level reached a depth of approx
imately 8 feet. He explained that
the water was fed from springs
in the area so that it wasn't
necessary to depend on the
spring-runoff to keep the lake
full. The fish, to be planted this
year, will be of fishing size to
enable fishing this year. No live
bait will be allowed and regula-
tons or the catch, ETC., will be
the same as other state regula-
tons for fishing.
The question of how to prevent
expert" fishermen like Harry
Mikelson and Rex Smelser from
catching all of the fish was log
ically raised and will, no doubt
receive considerable considera-
ton by the fish department. 1t
seems that Carl Johnson has the
simplest solution and that is not
to sell them any fishing licenses.
Jerry Homstad introduced the
speaker and Ed Edmondson in
troduced the following guests:
Larry Taylor, Elmer Tombre,
Willis Kruger, Jim Brennan,
Kenneth Chadderdon, M. F. Ger
kovnik, o. P. Kottwitz and Sid
ney high school honor students
Bill Coffrin, Julie Buchholz, Mary
Kappel, Joan Gilster and Jeane
Carol Frandson was
student pianist and Darrell Dahl
student Kiwanian.
Harry Mikelson announced
proposed inter-club meetings with
Williston and Glendive and urg-
ed everyone who could possibly
attend to do so.
This was the day of reckoning
for the losing team in the April
attendance contest and they feast
ed on beans Especially flown in
from Boston, while the winning
team had to be satisfied with tur-
key. Bill Buchholz captain of the
team, grudgingly admitted
defeat while his opposing captain,
Babe Turner, crowed loud and
.ong about the alleged abilities of
MS winning Buns.
President Rex Smelser presided
,ve- the noon luncheon.
The Sidney herald., 1956-05-17
Jayeees Complete
First Annual
Clean-Up Drive

With old man weather finally
showing some sympathy, the Sid
ney Junior Chamber of Com
merce was able to complete all
phases of its first annual Clean
UP Campaign.
Speaking for the Jaycees, Pres
ident Wayne Cumming stated,
1--WE are proud and appreciative
of the way Sidney residents pool
ed their labor to make our city
a cleaner and better place to live.
We hope this compaign will serve
as an incentive towards improve
ment throughout the years"
With the donated labor by To-
cal painters, the Jaycees COM
pleted the painting of the johann
ma Wiederrich residence at 602
4th st. N. E. last Sunday. Paint
r were Carroll Ebersole, John
Petty, Alvin Christensen, John
Halvorsen and Matt Goebel.
Those contributing paint were
Johnson Hardware, Coast = to =
Coast, CANDLES, Valley Hardware,
Foss Cabinet and Supply, Sidney
Paint and Glass, Midland Lum-
Der, Monarch Lumber, Sidney
Cashway Lumber and Great
Plains Supply. A special thanks
to these concerns.
Last Sunday the final pickup
moved 40 truck loads of trash
from Sidney proper to the dump
grounds. Jaycees with their
helpers and trucks cleaned out
every alley in town to complete
the cleanup campaign. Co-chair-
men of the project, Don Haga
and Hubert Johnson were ex-
tremely grateful for the turnout
Sunday and express their thanks
to all contributing to the success
of this important work.
Many farmers of the area do
mated their time and trucks to
the pickup phase. These were
Albert Dige, Bill Zeller, Harvey
Larson, Gunner Hanson (South)
and Gunner Hanson (North),
Neils Frandsen, Doug johnson,
Cliff. Kallevig, Eldon Steffens,
Merrill Larsen, Nels Bach and
Harry Fawcett. Besides the Jay
Gees, Wally Larsen, Jim Rau and
Leroy Schmitz helped on the
pick up.
Gas for the trucks was donated
by D. & S. Oil Co., Seth Holland,
Mobil Gas, Farmers Union, Whit
aker Husky and Glayde Yoder.
The Sidney herald., 1956-05-17
laureate Service
Sunday. May 20. 1855

oOU L w.
High School Auditorium
SUPT. RAYMOND A. GERBER, Presiding
PROFESSIONAL Mia Ducello
Rev. Reuben Dutton
"Now Let Every Tongue Adore Thee : J. S. Bach
A Cappella Choir
Hear Thou Our Prayer, o. Lord Peter Z. Tkaca
A Cappella Choir
SCRIPTURE LESSON : Rev. Reuben Dutton
SERMON Fir. Richard Walsh
BENEDICTION Rev. Reuben Dutton
RECESSIONAL Patricia Piche
Commencement Program
Friday. May rs. 1856
800 F. M.
High School Auditorium
SUPT. RAYMOND A. GERBER, Presiding
-
PROFESSIONAL Elgar
Sidney High School Band
INVOCATION Rev. A. c. Delabarre
"IMPRESARIO" Mozart
Sidney High School Band
ADDRESS: UNLIMITED Futures" : Dr.. Leon Johnson
PRESENTATION OF
CLASS MEMORIAL r. Scott Jarvis, Class President
PRESENTATION OF
THE CLASS Principal H. F. Mikelson
AWARDING DIPLOMAS : Mr.. Rodney Hanson
Chairman, Board of School Trustees
The Sidney herald., 1956-05-17
Alice klempel
Approved for
Appointment

The Herald this week received
the following telegram from
Congressman Orvin ". Flare
which will be of special interest
to Lambert community readers:
Washington, ID. C.
May IA, 1856
Sidney Herald
Sidney, Montana
II am advised that the Sem
ate Post Office and Civil Ser
vice committee approved the
Postmaster Nomination of Alice
H.. Klempef of Lambert.
Congressman
Orvin b. Flare.
The Sidney herald., 1956-05-17

Andy Anderson, club steward,
The Sidney herald., 1956-05-17
NEW FIK'S AOAAE
SIDNEY Ao~rAnA

and utility of the entire area. Mr..
Paulson has given many hours
of thought and time to every
detail and 1--WE are extremely
grateful to him for this constant
supervision and personal inter
est" the committee members
state.
The decorating committee COM
prised of Robert Stayton, Cliff
Larsen and Cyril Little, deserve
much credit for the attractive
ness of the interior. MIR. Stayton
planned the colors for the en-
tire building, using sixteen dis
tince colors blending from rooom
to room, all colors being of
earthly shades. Stayton also de-
signed railing for the stairway
and mezzanine, cedar panels in
lounge, modernistic Elks head,
and furniture for ladies' powder
room and mezzanine.
Spencer Dahl of Northern
School Supply Co. very kindly
volunteered to clean and wax
all of the floors and instruct
janitors in care and upkeep of
the floors. Arnie Olson, engineer
at KICK, lent valuable assis-
lance in installing the public
address systAu1.
Jack Suckstorff gave the Elks
the large modern folding
door In the small dining room.
These and many others have
contributed to make the new
Sidney Elks building the show
spot of Eastern Montana. The of
ficers and members of the Sidney
are indeed grateful to all
for their assistance and coopera-
ton.
The Sidney herald., 1956-05-17
Over zoo Attend
District Bankers
Banquet Thursday

Group II of the Montana Bank
ers association holding its 38th
annual meeting at the Lalonde
hotel here May 10, chose R. l..
Wilcox of Miles City, president;
Fred H. Mielke, Sidney, vice
president; and Dean Albert of
Ekalaka, secretary-treasurer for
the 1956-57 year. Every bank in
the district was represented at
the meeting including represen-
tatives from Miles City, Terry,
Glendive, Wibaux, Baker, Eka-
laka, Circle, Fairview and Sid
ney, in addition to a delegation
from Richey.
Others who attended the din
ner held that evening, in addi-
ton to wives of the members, in
cluded guests from Seattle, Wn.,
Minneapolis, Minnesota, Helena,
Butte, Williston, N. D., and Lee
M. Stenehjem, president Of the
N. d. Bankers association of Wat
ford City, N. D., and Mrs. STEM
ehjem. President A. J.. Huber,
executive vice president, and
cashier of the Fairview Bank
presided at the business meet
ing, and served as master of
ceremonies at the dinner.
Featured speakers during the
afternoon were Wesley Wertz of
Helena, counsel for the Taxation
of the Montana Bank
ars association, who discussed
,axation of banks, and Adrian L.
Myer, FBI agent from Butte, who
spoke on the subject of the FBI
md Banks.
More than 200 persons attend
ID the dinner, where the enter
ainment was furnished by a COR
let quartet from the Fairview
school band.
Local arrangements for the
Meeting were directed by A. J.
Huber of F~airview, and Fred
dielke of Sidney.
The Sidney herald., 1956-05-17
High School.
Spring Exhibit
Slated Friday

The public is cordially invited
to attend the exhibits of the arts
and vocational departments of
Sidney high school which will
be held in the high school gym
nasium and auditorium, Friday,
May 10. Featured will be projects
relating to the industrial arts de-
partment art department, home
economics department, and voca-
tional agriculture department.
This function will be at 8 p. m.
The Sidney herald., 1956-05-17

would like to announce the new
hours for the new Sidney Elks
Home:
Wednesday and Saturday 1880
a. m. to 200 a. m. Monday,
1870 a. m.
Tuesday, Thursday, FIR id a y /,
1870 a. m. to 100 a. m. Sundays,
100 p. m.
All Elks are requested to no.
tice the program printed in this
issue of The Sidney Herald. Elks
and their wives must register in
person to obtain tickets for buff
fet lunch and smorgasbord.
The Sidney herald., 1956-05-17

Sidney Elks Lodge No. 1882,
having leased the Lalonde Motor
Co. building have completed re-
modelling and interior decorations
for the grand opening festivities
which will begin with registration
at the new building at 900 a. m,
Friday, May 18 and continue
through Saturday.
This building, thoroughly reno
waited and appointed for the pur-
pose has been acclaimed by many
as one of the finest Elks Lodge
homes in the western states. The
interior planning consists of foy-
er, spacious check room, mez-
canine, ladies' powder room, Sec
retary's office, lodge room and
stage, complete kitchen with
small adjacent dining area, walk
in cooler and automatic ice ma
chine.
On the side of the lodge room
another large area is separated
by a 30-foot folding door. For
large functions this area can be
opened. 1t is estimated that the
extended area will provide seat
ing capacity for 400 people. The
beautiful lounge is located in
the front of the building. Con-
Meeting with the lounge r game
rooms. The entire building is
equipped with a sound system,
with eleven speakers for public
address, radio, monograph or
tape recordings. The sound sys-
tenn is controlled from three
The building committee COM
of A. c. Paulson, chair
man, Bill Thompson, Paul Cres-
ap, Babe Turner and Jack Suck
are to be commended for
the planning of the availability
The Sidney herald., 1956-05-17
MOOSE LODGE
INITIATION N
BALI.

The Sidney Lodge of the Loyal
Order of Moose will initiate eighteen
new members at their regular meet
ing on May 0. This wiz be the first
~anitdataon Dor the newly elected Of
ficerS OF the Lodge.
The annual governors BAN given
In honor od all past governors will
be held on May 16th at the Moose
hall This has traditiorxaIy been
n OF the maAn programs In the
past for the Sidney lodge and a good
turuout Is anticipated this year. The
music win be supplied by the Blue
Flame orchestra.
The Sidney herald., 1956-05-17
Masons, Eastern
Stars - Notice

All Masons and Eastern Stars
are invited and urged to at
tend a recessed meeting Of the
Masonic Temple Association. to
be held at the Lower Yellow
stone No. 80 lodgeroom next
Tuesday evening. May "a. at
1880 p. m.
The purpose of the meeting
Is TO discuss plans for the build
ing of the Masonic Temple. Ma
sons and Eastern Stars do not
have TO be stockholders to at
tend this meeting.
The Sidney herald., 1956-05-17
SIDNEY ELKS HONE
Grand Opening }ogram
FRIDAY. MAY 10 (sTAG NIGHT
900 a. m. - Registration (Continuous)
Open House

Open House
Relaxation and Inspection
of Building
1000 a. m. - Coffee Break Lodge Rooms
400 : 500 p. m. - Cocktail Hour (hors d'oevres)
500 7:30 - Initiation Dinner Lodge Hall
800 - Ladies' Dinner - Lone Tree Inn
800 : 900 p. m. - Initiation of "Chet" Johnson Class
of 100 New Members. Initiation by Wolf Point
Officers, Winners of District Rituaistic
Contest
900 p. m. = Greetings to 100 New Members - c. ".
Johnson
910 p. m. - Introduction of State Officers BY c. w.
Johnson, Dist. Deputy, Montana North
800 : $50 p. m. Style Show, Art and Industrial Arts
Qadies) Fair High School Auditorium and Gym
1000 p. m. Social Time (Elks)
HOO p. m. Eleven O'clock Toast
Past Exalted Rulers - Sidney Lodge No. 1882
c. 7. Sanders - 1881 r. H. Mutt 1854
B. E. Coffrin - 51-52 Paul Cresap - 54-55
c. w. Johnson - $3.50 Cyril Little $3.50
IA IS
900 a. m. Registration Continuous
Open House
1000 a. m. - Coffee Hour - Lodge Rooms
300 %. m. Parade Qisten for announcements
400 : 500 p. m. - Cocktail Hour (hors d'oevres)
$50 = $3.50 p. m. Smorgasbord Lalonde Hotel
Lobby and Dining Room
present your Tickets)
$50 : $50 o. m. Relaxation - Elks Lounge and
Mezzanine
$50 p. m. - Grand Opening Dance - Will Larsons
FStarlighters"
HOO o. m. - Eleven O'Clock Toast - Clarence Mieyr,
President Montana State Elks Association
Later - I. v. Drawing buy Another Chance)
Milford chronicle., 1956-06-29

Babson Park, Mass, June %. The
only way | have made money in
the stock market has been by sell
ing stocks and taking profits at
times like this, depOsiting the
money in banks, and waiting until
the bottom of the next decline.
When the market crash finally
comes | buy stocks.
Buying Into New Industries
In this way l am not a specula-
tor, but am like the ice man in the
North who gathers ice in wintry
weather and stores it up for people
to use during the summer. Thts
same principle, in reverse, applies
to those who can fruit and vege-
tables in summer when they are
about to spoil. We all perform
real service and are entitled to be
rewarded. We have the courage
to sell stocks or buy fruit when
others lack the courage to do so.
People who go with the crowd
make conditions worse. Those who
go contrary to the crowd are in a
position later to make conditions
better when there is much UNI
employment, no new 1uilding, and
when commodities are selling be-
low cost.
Others make money in the stock
by performing another kind of
service that is by helping new
industries when they are unpop-
ular and taking profits when these
industries mature and are popular.
Those who follow this second pro-
gram have the additional adFan-
tage of diversifcation. They also
always keep their money working,
whereas, under my method. my
money is idle about a third of the
time. Buying into new industries
Milford chronicle., 1956-06-29

Pennsylvania Power and Light
Company intends to build a homo
geneous type reactor by 1862. The
reactor will fuel a power plant
of a minimum capacity of 10000
kilowatts. The cost has not been
stated.
Three Florida electric companies
have Joined together in a nuclear
power project which will have a
capacity of 100000 kilowatts, and
cost around $50 million. The group
now is making studies to deter
mine the best type of reactor The
target date for start of operation
is 1862 or 1863.
General Electric Company and
Pacific Gas and Electric Company
are building a boiling water type
reactor for a generating station of
5000 kilOwatts capacity. The cost
to the utility will be $1,500.OOO, and
it is expected the project will be
in operation next year.
Southern California Edison is
building a $500 kilowatt capacity
turbine generator 80 miles outside
Los Angeles, at the site of the so
dunn graphite type reactor the Acc
and North American Aviation Com
pany are building there. The
Southern California Edison plant
will cost 81 million, and will op-
crate on steam the company will
buy from North Americans
generated with heat from the sodi-
UNI graphite reactor. This power
producer will go into operation this
wear