davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12
NEW YORK COTTON

NEW YORK, Aug. IL R.-Cotton fu-
lures prices continued their climb this
week
Active contracts traded on the New
York Cotton Exchange showed gains
The best performance was turned in By
nearby October.
! Chief factor in the sustained rise was
a hrm conviction among many traders
that the soil bank program would re-
SUI IN nsheT 9sn rate on next yssr
mainly through profit taking and hedge
selling.
The market took in stride the Agri-
culture DEPARTMENTS initial estimate OF
to 100000 bales higher than recently
published private estimates, 1t was
Based on past experience. there is a
me actual crop will be considerably
forecast The New York Cotton Ex-
change Service Bureau commented that
over the last 10 years. the final out
turn averaged 326.0O0 bales higher than
the average, Of official August forecasts
There is no guarantee that this will
De the case. however. Although the
actual crop totals for the past ia years
averaged larger than the August fore
Sastsf n lew turned out TO be con-
! siderably smaller. Over the decade tht
annual harvests ran from / 900, 900 bales
higher to 2,ll7.00O bales lower than
the Government had estimated at the
start Of each crop year
The Cotton Exchange Service Bureau
! estimated that II the actual crop for
the current year is in line with the
Governments August forecast. a total
domestic supply Of all cotton OF ap-
proximatelY 2s.2 million bales would be
IN prospect at the seasons end This
would be an all-time record. Also In
prospect the Service Bureau said is an
end-season carryover that would closely
million
Exports for, the week ended Tuesday
the first OF the new crop year--totaled
p 900 bales, against 10000 the previous
week and % 600 in the like week last
year rising trend in exports is ex-
expected 10 show definite Increases over
q wear ago as time goes on. The out
look now, exchange officials say. Is a
seasons export total OF around million
oales. VS.. last seasons ~ million.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12
BUSINESS
BRIEFS

Motor Vehicle Output last
week totaled 107,933 cars and
1854 trucks compared with
111,152 and 2O,764 in the pre-
vious week and 149,199 and 49,
491 in the like week a year ago.
Wards Automotive Reports.
Loans to Brokers and dealers
on other than Government Sc
curities by New York member
banks on August 8 totaled ST.
428 100000, down $92 million
from the previous week and
down $3.50 million from year
ago.-Federal Reserve Board.
Crude Petroleum Stocks, do
nestle and foreign, on August
4 totaled 279,043, 900 barrels. up
100000 for the week.-Bureau
of Mines.
Ovens Illinois Glass Co. and
National Container Corp. direc-
tors authorized a merger of the
firms. Shareholders of both COM
panies will vote on September IT.
Humble Oil g. Refining in 6
months ended June 80 earned
$92 100000 or $3.50 share VS..
S88 .284,00 or $246 in 1855 pc
iriod.
McGraw Electric in 6 months
| for $3.45 a share VS.. $4,803. 900
or 1928 in 1855 period.
Electric Bond g. Share Co. in
IL months ended June 80 earned
81, O89, 486 or $1.35 share VS..
S6,856,091 or $1.31 in 1855.
Louisiana Land Expl. in 6
months ended June 80 earned
7,059,78 or 70 cents a share
VS.. $6.933,002 or n cents in 1855
period.
Hershey Chocolate Corp. in 6
months ended June 80 earned
$5,176,445 or $2.06 a share VS..
S4.572.181 or $1.81 in 1855 period.
Paramount Pictures in 6
months ended June 30 earned
SIS, 001 900 or $2.40 a share VS..
SIS, los, 900 or $2.36 in 1855 period
Columbia Carbon Co. in 6
months ended June 80 earned
$3,237,247 or SOL share VS..
S3,147,619 or 81 .95 in 1855 period.
Canada Dry Ginger Ale in 9
months ended June 80 earned
1892 or rs cents share VS..
ST ,889,279 or 81 cents in 1855
period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12
BALTIMORE
LIVESTOCK
BALTIMORE Ana

BALTIMORE Aug. II B.(UsDA1 -
Cattle, compared last week SLAUGHTER
steers strong 10 80 spots more higher.
neners iully seady 70 strong, spots
80 lower stock cattle fully steady 10
strong. spots $3.50 higher on fleshy good
srade feeder steers. Few loads and
smaller ol,ers lots hish-ehoiee and prime
27@5 bulk good and choice se0-i35O
lb steers including grained on grass
offerings 20.00-25 90 Most good and
choice 6l0-990 ID SLAUGHTER heifeTs
cso Is b.,. s,iy s snd ' ss ,.s $50
nsrs and cutters 5o0-930 lbs 1000
1890. Few commercial and standard
grade young cows up 70 1900, bulk
Utility and commercial i9oo-lt 80.
Gamers IN extremes down to 800 Few
head commercial sausage bulls 5 90
1900, bulk utility and commercial
100 az Few Gamer and cutter
4sj.ii25 ID stoekers feeders and stock
calves 81 .OO-22 so including several
loads over 200 10 feeders up 70 IL so
calves Compared las, week Gen;
prime yealers 90 0u-94 90. most GOOD
and choice. s00-22 50, commercial
and good ! 5 00-l 00 utility and COM
msrelal il.00-14.00. eulls 1000 and
Hogs Compared last week BarroVs
and gilts mostly steady sows steady 20
Included mixed lots Q. S 70 3. s0.536
2l0 lbs : 5O-isO0. 940-27O 10 1928.
III, e over 800 lbs IS Is aosn i.s soa
$40 lbs "a 7b-lb %. 10000 lbs rs So
1873 l60.ls0 lbs 1901 20 Feew
sovs under 800 lbs - 7h.l500 100000
~ if.o0.i47s: 100000 lbs ~ -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12
CHICAGO GRAIN

CHICAGO. Aug. IL R.-Grain future
prices generally increased on the BoarC
Of Trade during the week. with whea
contracts showing gains ranging up Il
6is cents bushel over last weeks close
Corn futures showed small gains, ant
oats were generally steady, or showed
fractional gains.
Wheat closed 42s to 6is cents higher
corn "a to 1ss higher. oats "a lower Il
- higher. rye 2ia to 3 higher. soybean,
3 to Al. cents higher and lard 55 to 81
cents hundred pounds higher.
Wheat futures moved into new higf
ground for the season. with the nearby
September contract closing at 2.l9ss
Gains were somewhat higher on thu
other deliveries, with the greatest in.
crease raising May wheat to 226 Il
2 26l4.
This strength came largely from re.
ports that Planning for private partici.
patton in export business was going wei
in Washington, and the new program
might go. into effect sooner than the
announced September starting date.
The plan will permit traders TO draw
on 1858 crop supplies for foreign ship.
ments, rather than I'LL their orders from
surplus stocks accumulated by the Gov.
eminent in earlier years Traders fee
that availability Of new grain will mean
greater demand on free stocks, ano
consequent price increases.
Range OF prices for the week:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12
Stocks Decline;
'Suez Situation
Major Factor
BY ED MORSE
Associated Press Financial Writer


NEW YORK. Aug. 1.-THE
stock market broke a string of
eight straight weekly rises with
a decline this week.
The Associated Press average
of so stocks dipped $1.40 to
$189.50.
The Suez Canal crisis which
was the basic factor leading to
the decline. Mounting inter-
national tensions over Egypt's
seizure of Suez battered down
prices.
Aside from the Suck crisis,
brokers commented that a period
of consolidation would be normal
in view of the protacted bull
market. At its high level the
market was vulnerable to a set
back on almost any adverse piece
of news.
Leading steels had enjoyed
quite a rise during the strike
itself, and this led logically to
some profit taking. United
States Steel and Republic were
both off fractionally.
The five most active stocks
this week on the New York
Stock Exchange were: Gulf Oil,
off 4 at 1925 on 2,lOO shares;
Royal Dutch. off 55s at lola +;
United States Steel, off "a at
6434; Sperry Rand, off "a at
267s. and General Motors, up "A
at asa.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12
Arnold Jorgensen
Planning Partial
Retirement by 81

Arnold Jorgensen, Washington
resident partner of the hotel,
restaurant and motel accounting
specialists, Horwath & Horwath,
yesterday announced he plans to
tighten the responsibility he has
carried for 38 years here.
Mr.. Jorgensen. who has taken
an active part in affairs in
Washington, plans to "semire-
tire" at the end of the year,
Richard w. McCarty has been
named to the new post of man
ager of the Washington Office. he
said. A certified public account
ant, Mr.. McCarty has had ex-
tensive experience in handling
accounting and tax problems of
the hotel and allied industries.
Mr.. McCarty, born in Alexan-
Idria. Va. August 81, 1920, at
tended Roosevelt High School
here, Georgetown University's
School of Foreign Service and
Houston University, Houston
Tex. He was a special agent of
the Bureau of Internal Revenue
1949-53 and in the latter year
Joined Horwath & Horwath. He
served in the Army 1942-45.
The Washington office of Hor-
wath & Horwath is in the
Shoreham Building. Fifteenth
and H street NV. Mr.. Jorgen-
sen opened it in 1918 and has
been here since.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12
HOW | STARTED
A new LIFE
WITH S.
BY a Wall Street Journal
Subscriber

/ work in a large city. Over a
period of time I noticed that men
who read The Wall Street Journal
are better dressed, drive better
cars and have better homes.
said to myself, (Which came
first, the hen or the egg? Do they
read The Journal because they
have more money, or do they have
more money because they read The
Journal"
l started asking discreet ques-
tions. found that it works both
ways. Men who are well off have
to have the information in The
Journal. And average fellows like
me can actually win advancement
and build up increased incomes by
reading The Wall Street Journal.
How do l know? Because not long
ago sent Sc for a Trial Subscrip-
ton to The Wall Street Journal. It
has put me ahead already.
This story is typical. The Jour
nal is a wonderful aid to salaried
men making $1,000 to $4,000 a
year. 1t is valuable to owners of
small business concerns. 1t can be
of priceless benefit to ambitious
young men.
The Wall Street Journal is the
complete business DAILY. Has
largest staff of writer's on business
and finance. The only business pa
per served by all four big press as
sociations. 1t costs 500 a year, but
you can get Trial Subscription for
three months for Sc. Just tear out
this ad and attach check for $6 and
mail. Or tell US to bill you. Address:
The Wall Street Journal, a. Broad
St., New York 4, N. Y.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12

tYnit OF trading ~ shares OF sales in full Rates
bursements based the last quarterly semiannual
declaration Unless otherwise Loted special extra
dividends not included Also extra or extras
Annual rate plus stock dividend Declared OF paid
in 1865 plus stock dividend e Declared paid so
far this year Payable in stock during 1855, esti-
mated cash value on ex-dividend or redistribution
dividend split up Declared paid this year. an
accumuatve issue with dividends m Paid
this year DIVIDEND omitted deferred or action
1856 plus stock dividend & Payable stock during
1856 estimated cash value on ex-dividend or ex-dis
tribution date Liuuidatng dividend CID Called
y5diyidend KIDS Ex-distriDuton xr Ex;rights
distributed wi When issued nd Next day delivery
In bankruptcy recevership being reorsanzed
under the Bankruptcy Act securities assumed by
such companies
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12
COMMODITY PRICES
wAsHINGTo NAREA

NEW. YORK. Aug. 10 R,.-The As.
ISOLATED Press index Of 80 important
wholesale commodity prices rose today
for the fourth week.
Al 1S02S. the index compared with
1874 week ago and 1850 in the
same week a year ago
new high was established by the
industrial group while a new low was
reached ny the textile division. Sharr
gains were recorded by nonferrous
metals. and foods livestock and grains
and cotton also advanced.
The fndpx foilou,e.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-08-12
MUTUAL FUNDS

NEW YORK. Aug. IL educational
Association OF Securities Dealers, Inc.
, 1956-11-30
Hotel Association
Nu1nes Comm. to Aid
Festival Pluns

The Hotel Association has
responded favorably to a com
munication sent by the Christ
mas Festival Comittee and
a comittee was named to as
sist after conferences.
In a letter to Mrs. Anna
Brodhurst, President. the Pre-
sident Of the Association, Paul
Giles wrote in part as follows
Many thanks for your let
ter inviting the st. Croix Ho-
tel Association to participate
in the coming st. Croix Christ
mas Festival.
Il am pleased to advise you
that our membership is look
ing forward to the most sue
cessful Christmas Festival ev-
er held in the Virgin Islands
and to assure you Of our full
support and cooperation.
"We all are happy. to have
Mrs. T H. Hunter in charge
of the committee and we had
an interesting discussion on
the committees plans at our
last monthly meeting.
Mrs. Hunter will be in
touch with you to make the
arrangements for our Associa
TONS participation
, 1956-11-30
Krushchev Makes
Of British Prime
Ministers Illness

Nikita Krushchev, head Of
the Communist party in Rus
STA and one Of the trio which
runs the Soviet government
laughingly told a Western
newspaperman, during a re-
ception at the Jugo-Slay en-
bassy that, I'VE have just
been told a malicious anec-
dote." and continued, Eden is
sick, 0 council Of doctors held
a consultation and made a
diagnosis. The diagnosis was
that Mr.. Eden is suffering
m Of the
canal"
, 1956-11-30
Horutio Millin is
Appointed Form
Placement Rep.

Horatio Millin Of the Virgin
Islands Employment Service,
has been appointed Farm
Placement Representative, by
Mrs. Louise Scott, Employ
ment Service Director.
In announcing the appoint
ment Of Mr.. Millin to the
position, Mrs. Scott noted that
he is highly qualified by edu-
cation and experience to do
a good job. He is now receiv-
ing the usual basic training
and orientation given all new
Employment Service employ
ees. It is expected that the
eliminating phase Of his train
ing will be attendance at the
Farm Placement Con
in Philadelphia, Pa.
during February 1857.
, 1956-11-30
Personnel Mention

Visiting St. Croix for the
first time is Miss Cecilia
Beatty Of New York, who is.
visiting her friend Mrs. Gran
drewnilla Roebuck, a teacher
in the Grammar School here.
Miss Beatty, a registered
nurse, is with the Goldwater
Memorial Hospital on VEL
Island.
She visited the Grammar
School and taught one of the
lower grades whose teacher
was absent. This, she said,
gave her a thrill, in addition
to meeting with her lifelong
Mrs. Roebuck.
Miss Beatty will return to
the mainland on December 4.
, 1956-11-30
Rev. G. PGrker. PHI D,
Preacher in
Fsted Sun. Dec. 2

The Rev. G. Gordon Parker,
PHD, will be the guest preach
.er at the Holy Trinity Luth-
eran Church in Frederiksted
on Sunday, December 2, at IL
o'clock, A M, it was announc-
ed by Pastor Ronald E. VIII.
He IS on leave from his pre-
sent assignment as a mission
airy in British Guiana, and
will spend part of his vaca-
ton in St. Croix.
Rev. Parker is no stranger
to the Island; he was pastor
of the Frederiksted parish
from 1914 to 1915. Before COM
ing to the Virgin Islands, he
was head Of the Lutheran Mis-
sion in Liberia.
Rev. Parker will also speak
at the Kings Hill Church at
2 Pm. and at the Christian
sted Church at 7:30 Pm.
, 1956-11-30
next month.

early next month.
The U. S. Navy is sending
U.S.S. Escape, a salvage
of the Atlantic Service
Force from its home base at
San Juan, to take part in the
ceremonies. 1t. Comdr. j. H.
is the commanding Of
ficer. The ship has a compile
ment of five officers and
seventy-five men.
Regular and special flights
continued to converge on the
Virgin Islands today, bring
ing in U. S. Government of
ficials, congressman, leading
States newspaper and
magazine reporters and fea-
ture writers and special guests
to the Dedication ceremonies
for the new National Park in
John.
, 1956-11-30
Russiuns Wurned by
III. S. 10 Holt Arms
Buildup in SYrid

Alarmed by reports Of the
continued flow Of Russian
arms into Syria, the State
Department has informed the
Russians that the United
States view this buildup with
the utmost gravity any threat
political or territorial, to Tur-
, 1956-11-30
Interior Secretary to-
Receive Gift Of 5000
Acres for Nut Pork

4G& 4NO $3.50
Interior Secretary Fred A.
Seaton will receive on behalf
of the United States Govern
ment approximately 5000 acres
of land on ST. John as a gift
to the people of the United
States from Lauranee Rookie
teller, representing Jackson
Hole Preserve, Incorporated.
This is a conservation or
ganization sponsored by the
Rockefeller family. The acre
age was purchased Through
funds made available by the
family during the past few
years, with the hope Of estab-
fishing the park.
The public has been invited
to the ceremonies tomorrow
at Cruz Bay. The brief pro
gram will have an address by
Secretary Seaton, a welcome
greeting BY Governor Walter
A. Gordon of the Virgin Is
lands, and introductions by
National Park Service Direc-
tor Conrad L. Wirth. Limited
public transportation will be
available between Red Hook
and Cruz Bay, both before
and after the ceremonies
A barbecue meal will be
served before the ceremony
at the Cruz Bay baseball
field, starting at ! pm. The
ST. Thomas Community Band
will give a concert starting at
2.3O and Invocation by the
Rev. George Startling, will
start the short program at 3.
Guests will include Con-
gressmen Wayne N. Aspinall,
Democrat of Colorado and
Adam G. Powell, il, Demo
crat Of New York. Both are
members Of the House sub
mittee on Interior and Insu-
lar Affairs. Also probably at
tending the ceremonies will
be other members of this
committee, and the House
on Govern
fnent Operations. Both com
mittees are expected to hold
hearings in the Virgin Islands
, 1956-11-30
Iraq or Iran.

key, Iraq or Iran.
State Department officials
view the situation in Syria
as even graver than the Suez
Canal affair.
Madison County Democrat. (London, Ohio) 19??-1958, 1956-12-11

not be made in alleys, at curbs, or
other easily accessible locations.
SECTION 6. BILLING.
That accounts for refuse collec-
tion shall be rendered monthly, on
the first day of each month, with
water and sewer bills and shall be
payable in advance. and payable not
later than the 10th of the month in
which rendered. A 1917 penalty shall
be applied to all delinquent ac-
counts.
SECTION 7. FREQUENCY OF
COLLECTION.
That refuse shall be collected
weekly except that more frequent
or daily collections shall be made
where needed for commercial es-
tablishments. Collection of all re-
fuse is conditioned upon the obser-
vance of all provisions of this Or
dinance and is subject to weather
and other conditions beyond the
control Of the City.
SECTION s. (a) UNSOLICITED
GARBAGE. No garbage or refuse
shall be collected from any premis-
es where the owner or lessee is in
arrears for a period of one month.
Fermenting, purifying, or odorifer-
Gus garbage in containers uncollect-
ed or dumped in the open due to the
failure TO pay garbage fees shall be
declared a nuisance and the person
or persons responsible shall be La
bic to prosecution.
(b AUTHORIZED COLLECTOR. 1t
shall be unlawful for any person
other than municipal street and al
ley cleaners, municipal refuse col
lectors or other authorized persons
to interfere with garbage and rub
bish placed in the streets, alleys
Madison County Democrat. (London, Ohio) 19??-1958, 1956-12-11
Page Five

appropriated for such purpose, the
amount Of such tax shall be reduced
by the amount Of the assessments so
appropriated.
Said tax shall be and Is hereby
ordered computed, certified, levied
and extended upon the tax duplicate.
and collected by the same officers
IN the same manner, and at the
same time that taxes for general
purposes, for each Of said years are
certified extended and collected.
Said tax shall be placed before and
In preference to all other items and
for the full amount thereof. The
funds derived from said tax levies
hereby required shall be placed In
a separate and distinct fund, which
together with the interest collected
on the same, shall be irrevocably
pledged for the prompt payment OF
principal and interest Of said bonds.
when and as the same shall fall due.
SECTION 4. The City Auditor Is
hereby authorized and directed to
certify a copy Of this. Ordinance to
the Auditor of Madison County.
Ohio, according to law.
SECTION 5. The committee on Fl
nance Of this City Council is here
by directed to have said bonds and
coupons properly prepared and ex-
ecuted and to sell the same.
SECTION 6. That this ordinance
for the reasons stated in the pre-
ambie hereto, which is hereby made
a part hereof, is hereby declared 10
be an emergency measure and shall
take effect and be in force from and
after it's passage and approval by
the Mayor
Passed November IS. 1856
VIM. Robson
President Of Council
T. r. Speasmaker.
Mayor
Approved Nov. Is. 1856.
Attest:
Forrest r. Hanson. City Clerk.
Dec. 4 10 II
Madison County Democrat. (London, Ohio) 19??-1958, 1956-12-11
Many Al Exhibits
At Chicago's S Big
Stock Exhibition

Ohio's 4-H livestock experts in
vaded Chicago for the Information
al Livestock Exposition with en-
tries in the junior barrow show, in
the sheep shearing contest and in
the livestock judging contest dur
ing the week ending December l.
Ottawa county's All livestock
judging team, coached by Associ-
ate Agent William c. Kleman, had
as members: Pete Rohloff, age Is,
of Graytown; Willard Thorbahn,
II; Ronald Buehler, 10; and Char
les O'Neal, 16, all of Oak Harbor
The sheep shearing contest for
All members saw Rodney Wilder
muth of Canal Winchester, Frank
lin county and Byron Thompson,
Marysville, Union county, exhibit
ing skills that won honors at our
Ohio state fair.
In the junior barrow show,
Ohio's All entries were:
Emily 10 Myers and Gretchen
Myers of Sabina, Clinton county,
exhibiting Hampshire hogs.
Arnold L. Fast of Celina, Mer-
GER county exhibiting a Hampshire.
Madison County Democrat. (London, Ohio) 19??-1958, 1956-12-11

Said bonds shall be in the denomi-
nation Of 81. 100000 each, except bond
numbered one, which shall be in the
denomination Of $4,000. Bonds
shall be numbered consecutively
from | through 80, both inclusive.
Said bonds shall bear interest at a
rate not to exceed four per centum
per annum, payable semI-annually
on the first days of April and Octo-
Der of each year, commencing April
l. 1857: provided however, that if
said bonds are sold bearing a diff
ferent rate of interest than herein
before specified. such bonds shall
bear such rate of interest as may be
provided for in the resolution of
council approving the award there
of The proper interest bearing the
facsimile signature Of the Auditor
shall be attached TO and made a
part Of said bonds Principal and in
terest shall be payable at the office
of CITY Auditor
SECTION 3. For the purpose Of
providing the necessary funds to
pay the interest on the foregoing
issue of bonds promptly when and
as the same falls due and also to
provide a fund sufficient to dis
charge the said serial bonds at ma
turity, there shall be and is hereby
levied on all of the taxable proper
~ in the City Of London, Ohio, in
addition to all other taxes, a direct
tax annually during the period said
serial bonds are to run, in an
amount sufficient to provide funds
to pay the interest upon said bonds
as and when the same shall fall due
and also to provide a fund for the
discharge Of the principal of said
serial bonds at maturity, which tax
shall not be less than the interest
and Sinking Fund tax required by
Section III Of Article XII Of the Con-
stitution, provided, however, that
each year the assessments antici,,
pated by said bonds are payable and
are applicable to the payment OF
/. such interest and principal and are