davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
Savings Dilemma

"a penny saved is a penny
earned"
"One Dollar Down. Three
Years to Pay Take It Home
Today"
In two short sentences. IA
miliar to everyone Of you. there
it is--one Of the great economic
dilemmas of our era.
And right at the heart OF
this dilemma-which is becom-
ling more obvious every day and
which is being debated with ris-
ing intensity at the highest lev
els Of Government, finance and
IinduStry-Stand you.
In the major money centers OF
Our land, the big financial brains
lare now fusSing about us. wor-
frying that we are losing our re-
ISpect for thrift-are flguratively
even if unconsciosuly. thumb
ling our noses" at the maxims
upon which our country was
built.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
Issues
To ; Points

NEW YORK. May % (P.-
Another quiet decline in the
stock market was under way in
early afternoon today.
Prices of leading issues were
down from fractions to around
3 points in slow trading.
After a fractionally lower and
active opening, losses stretched
to around a point in late morn
ing and then went well beyond
that in the second hour.
Turnover Speeded up in the
brief, selling bursts then Quoted
down.
Volume for the day was esti-
mated at around 2 million shares
compared with 100000 yester-
day. lowest since February Is.
The decline affected all major
divisions. Gamers were few and
far between.
The decline was pin-pointed to
no major news development and
financial experts saw it as o
technical reaction.
Bonds were moderately higher
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
YOUR
MONEYS WORTH
SY SYLVIA PORTER

Although we saved thump-
ling SIT billion in 1855. this rep
resented only 6l2 per cent of our
income after taxes, against an
average of 8 per cent a few years
ago.
Pool" Of Funds Vital
"The demands for capital.
both for business and. personal
uses, are running ahead of the
Icountry's savings" says Treas
Jury Undersecretary Burgess
clearly speaking for the admin
fStration.
And Burgess warns: 1.-THE
time has come when we must
all consciously follow policies
which will encourage the &C
formulation of the needed cap
ital i. to finance the rapid
growth" of our country.
If the housing industry tried
to put up more than IL million
houses this year, I'VE simply
wouldn't be able to do it," says
Federal Home Loan Board chair
man McAlliSter.
MIR. McAllister explains, I'VE
certainly wouldn't have the
funds"
What these officials are say
ing in public top financiers are
saying much more bluntly in
private. You and l are not saw
ing enough to Great a pool" of
funds sufficient to finance the
building of all the factories,
plants, roads. schools, ETC., etc.,
the Nation wants to build.
The resulting strain ON the
money markets and the banks is
staggering. The whole bias is
toward imitation.
And so. savings institutions
are starting to work out agrees
sive campaigns to encourage us
to save more. To attract savers,
banks and others are raising the
rates of interest and dividends
they pay. Ways to advertise and
prom o tie savings are getting
major attention at bankers
meetings.
Now We come to ito the
possibility. if not the probability,
that those who are now urging
US to save more are shouting
into the wind"
Emphasis on Opposite
Ever since the end OF World
War II, businessmen.-with the
help of politicianS-have DELHI
erately played up the virtues Of
doing just the opposite Of saving.
The emphasis has been not only
on spending current income to
the hilt but also on borrowing
heavily against future income to
buy everything from hatpins to
houses.
tcopyright, 1856. the Hall Syndicate,
Inc.j
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
CHICAGO GRAIN

CHICAGO, May 90 tR.---Oats and old
crop corn had firm tone in an other
of Trade today.
Among other cereals the major price
cnange was in July soybeans. which fell
as much as four cents at one time and
did not show much rallying power,
wheat tilted lower on lack of demand.
Rye eased.
Wheat near the end Of the FIRST hour
Was vas | y 1's lower, July $2.o7h.s. corn a
TO "a higher, July 66h. rye a to 1 "a
lower, July Sl.26. soybeans unchanged
to 3la lower. July S3.1Sia. and lard Z
July S12.S5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
NEW YORK COTTON

NEW YORK. May % R.-Cotton
futures inched upward during the fore
noon today; Most of the activity CEN
tereo IN old crop July which showed
tslrIy GOOD rallying power. following q
sharp decline in Monday under Nauidat-
ing pressure: Memphis interests we're
credited with buying 5000 bales of
to have also purchased over 3. 900 hsies
In that delivery. New crop months adj
yanced in sympathy with July. Spot
mouse activity in the market was limited
bale higher than the previous close.
July 3f.10. October 395S and December
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22

Hourly sales on the Exchange
L1:00 Am 800 600 ~ noon Gao 600
100 ON 1 800 600 $500 p.m 600 600
funn Of tradina 10 shares OF safes N
full Rates OF dividends tn the forege.
ine table are annual disbursements based
on the last quarterly or semiannual
declaration Unless otherwise noted.
special or extra dividends are GOT In.
cluded 9 Also extra or extras An.
uual rate plus stock dividend Declared
or paid IN 1865 plus stock dividend
Declared OF paid 50 Tar this year
Payable IN stock uurtng 1850 estimat.
go cash value IN ex.dividend OF ex.dis.
trihution date 2 Paid last wear b DE.
clared ~ paio after stock dividend or
split 10 k Declared or paid this year
an accUmuiative issue with dividends In
arrears 2 Paio this year dividend
omitted deferred OF no action taker at
last dividend meetlng Declared or
paid IN $50 Plus stock dividend PAY.
able in stock during 1855 estimated
cash value on ex-dividend or ex.distrlbu.
tion date y Liouidattne dividend cid
Called Ex-divideno x.dis Ex. oistfi-
button 1T Ex-rlehts Nv without var
rants w With warrants Nd When
distributed VI When issued nd Next
day delivery In BANKRUPTCY or rseeiy.
erEhip oF being reorganiEsd under the
~ such eompanieA
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
QUOTATIONS.

NEW YORK. MAY % B.-spot non,
ferrous metal prices today: Copper 45-
40 cents pound, Connecticut Valley.
Lead 10 cents pound. New York. Zine
d3hs cents q pound. East St. Louis. Tin
silver 900 cents per troy ounce, New
York. Scrap steel No. heavy. $500
1900. Pittsburgh.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
NEW YORK STOCK EXCHANGE
Furnished BY the Associated Press

safes
:. Stock and Add Net
Dividend Rate 90 High Low 1915 chg.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
BALTIMORE
MARKETS
Quotations supplied BY the united

Quotations supplied BY the United
ss olfsv DenIa orIrstn o. Asr,culture)
young chickens moved well in early
sales at price levels generally cent
e;s aSS last 6r. week Later sales showed
an effort to clear. Offerings Of pullets
40 e.sIonetle ample ior the good
demand Heavy type hens in generally
ceipts Of all classes light to moderate.
Wholesale prices in Baltimore per pound:
Broilers or fryers: 3 pounds and over
So caponeties 1896 80 ~ '
Livestock Markets
Cattle l75; fresh receipts swelled BY
Monday; but not enough any class ' sold
calves ] 50; small supply fairy veil
prices. few high. choice and prime veal
choice 2oe 00;25;o 90; few utility and
lots commercial and good f75-560
pounds SLAUGHTER calves l70O-o5
sl h9Ss i s99 h b, ssknS prices re-
establish price trend
Grain Market
flour--Receipts. none.
,bl %nsStRscsi pls h 5ssG5s bgshelsi
| l63.i0s bushels. No. . red winter pt gar a.
lieky, spot, domestic, 1910 No. 3,
NoFu--heCflplts HDl .H3U huFhelS' snip
ments, $4,000 bushels; stocks, 2,4as,-
! Oats--Receipts none. shipments,
none; stocks. 6.799 bushels. -
Barley Receipts. none shipments,
20 ;464 b shels; stocks. so,a4O bushels
Rye-Receipts, none. shipments, none;
stocks. rs 090 bushels.
OBSERVATION-DISCLOSURES none; shipments,
none: stocks. 5l6,833 bushels.
Millfeed--Receipts, none.
Egg Market
EGGS - Market continues unsettled
Prices "a cent higher on large brown,
! ] cent higher on medium whites and
cent lower on medium brown eggs.
Large white eggs and current receipts
unchanged Demand light for fully am
/ from local production areas heavier.
crate
Prices paid BY first receivers. delivered
H. o b. Baltimore, cases Included.
LARGE minimum 90 per cent quail
ify, whites 40-i2; brown and mixed
t4i is-4@. few - Mediums minimum
~ per cent quality. whites. 81 p
3hig brown and mixed. 3i-3sia cur
rent receipts 35-JG
Prices 70 retailers:
and mixed. 4s-6l. iew higher, mostly
Grade A medium. whites. 48-sa. brown
and mixed f6-fh. few higher
Grade y large whites ga-f7. bros ne
and mixed fa.45, mostly as
Eegi IN cartons, mostly , cents higher.
Graded aeeordinE 70 Maryland esg-Grads
hsss,Dsa. $500 ss.s. - sssL.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
NEW YORK PRODUCE

M, NEW YORK, May PC R-(USpA) -
Wnoiesale egg prices were about steady
te,i;G Receipts 20.S0O (Whoiesaie
other volume sales) New York snot
quotation, follow. includes midwestern.
mixed colors: extras (4S-50 Ibs.j. 40ia-
Al y extra large I45-4S lbs.), 40-40is;
3g-40l; dirties, 1897; checks 3d-3S
whites; extra (4S-50 lbs \. 4142is
extra large t45-48 lbs.). 40-41; extras
medium. 37-37l3. Browns: extras as
ou IDS. }, 42-43. Includes nearby, whites:
TOP quality 1880 lbs.). 4OI2-4S. medi.
ums. 3!-37is. smalls. 81 80. Browns.
Top quality assoc ibsb. 41ia-42 me.
oiums,. 3S-3sla: Smalis, 32-33.
Butter steady. Receipts 9I5 Ooo
Prices unchanged. '"''
Cheese steady. Receipts $4,000.
Prices unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
ODD-LOT DEALINGS

NEW YORK. Nay 90 1.-The New
York Stock Rxchanee reported TO-DAY
these odo-lot transactions b. principal
dealers on the exehanGs for Nay ~ .
81 .eeo shaTes ineludins IA shares cold
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
DIVIDENDS

NEW YORK, May % tR.-Dividend
announced:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22

HEo dividend Books closed tPlus
Sc ~ extras Declared or paid
SO Tar this year Paid In 1855
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-22
For the benefit of investors ;,

Here Merrill LYNCH of our basic policies has always
been provide the finest facilities we possibly can for the
benefit of investors.
Right now, for example, we offer you--
large Electric Quote Board showing uptothe-second
quotations 300 stocks and commodities.
New York Stock and American Stock Exchange
Tickers with Transux for at.a-gance prices.
Dow-Jones news wire for latest worldwide events
Our Special News Wire that for eight hours day
carries Of fact and information on stocks bonds
commodities quotes conditions and prices in every
major market flashes any items you may want to
know about-nowl
Over 100000 miles of private wire that link lis
Merrill Lynch Offices and expedite "over-thecounter'
trading.
Research Department more than 100 strong to sup
ply fresh facts about particular securities to anayze
your present holdings to prepare suitable invest.
ment program for any Al Without charge obIgG.
tion OF any kind
Printed reports on selected industries important CON-
panies, leading stocks,
Memberships in every major exchange
Enough experienced account executives to provide
personalized, individual service.
And to policy.
We make service charges" of any kind = We charge
only the standard commissions Of the New York Stock Ex-
change those of any other exchange which order is
executed On "over.hecounter" securities we handle
transactions either commission basis at net price
whichever you prefer Our service depends your needs
NOT your pockebook No regarded as too small
Merrill Lynch None too large We give advice only
when asked. Our customers interests always come
FIRST
So, if you're nvestoror want to be-just remember
that these services and facilities always available at
Merrill Lynch, Pierce, Feuner & Beune
BIS Fifteenth st. NV. Eauitobe Buldins
WASHINGTON BALTIMORE
TEL Executive 3.7l2 Tel: Mulberry $500
Filipino forum. [volume] (Seattle, Wash.) 1928-196?, 1956-08-17
independence Day
Continued from Page y

Continued from Page u
dent Magsaysay but warned his
audience that "in recent months,
MISREPRESENTATION relations have
been strained as they have seldom
been in the long history of the as
sociation of the two peoples"
caused, principally, by the issue
of the ownership of U. S. naval
bases in the Philippines and Ger
tain unfortunate incidents which
had arisen in connection with their
administration"
The ambassador, however, has
tened to add that press comments
in some sectors of the American
press to the contrary notwith-
standing, I can assure the Amer
lean people that any demand for
reexamination of Philippine-Amer-
lean relations is prompted by no
spirit of resentment, or of anti
Americanism."
Filipino forum. [volume] (Seattle, Wash.) 1928-196?, 1956-08-17
WE3YY3YYY.
3 { @
PHILIPPINE CONSULATE
Vancouver, B. c., Canada

July 10, 1856
Dear Mr.. Velasco,
I wish to thank you for the
write-up which you made for me
in the Filipino Forum of July 2,
1856, as well as the publicity which
you made for this Consulate and
its staff in the same issue.
wish to assure you as well as
the rest of our countrymen in that
area thai when you come to Van
cOuver, even only for a short visit,
the members of my staff and I are
ever ready to extend to one and all
a warm welcome and to be of serv-
ice in any manner that may be
within our competence to do. After
all, we do realize that we are here
to serve the interests of our coun-
try and its nationals.
With our sincerest regards and
best wishes for the prosperity and
success of your fearless newspaper.
I am
Yours very sincerely,
GAUTTIER F. BISNAR.
Consul.
Filipino forum. [volume] (Seattle, Wash.) 1928-196?, 1956-08-17

Jr., Pol de los Reyes, Celso RUBBER
to, Ernie Teopaco and Manuel Ma
bunga.
Filipino forum. [volume] (Seattle, Wash.) 1928-196?, 1956-08-17
MagsaySay's
Cable Read
At Program

ITO both our nations, the
United States of America and
the Republic of the Philip
pines, this July Fourth is an
occasion for reaffirmation of
mutual C confidence, faith,
friendship and respect" thus
in brief, was the special mes
sage of President Roman Magsay-
say during the Tenth Anniversary
celebration of Philippine independ-
ence at the reception and ball Civ
en- by Consul General and Mrs.
Nicanor A. Roxas at the Sheraton
Palace Hotel last Wednesday eve
ming
The special message, which was
sent by cable to the Consul General
Wednesday evening, was read by
Consul Manuel r. Cumagun at the
reception which was attended by
almost two thousand guests, head
ed by the San Francisco Consular
Corps, ranking Federal, State and
City officials, businessmen, news
papermen, prominent visitors from
Manila and Filipinos from all over
California.
The reception line VII C h was
promptly formed at $50 was COM
posed of Consul General and Mrs.
Roxas, Consul and Mrs. Cumagun,
Consul Estela R. Suit, Vice Consul
Renato A. Ur1uiola, with Atty. vi
cente Romero introducing. The re
ception line dispersed at $50 and
a brief program was given before
the dance started, with Mrs. Pillar
r.. Guerrero as master of cere-
monies.
The program started with the
singing of philippines My Philip
pines" with Miss Linda Arbis as
soloist. This was followed by a
pledge to the Philippine flag. A
special tape recording of a mas
sage of the Honorable Vice Presi-
dent Carlos P. Garcia, concurrent
ly Secretary of Foreign Affairs
was beamed to both the Concert
and the Rose Rooms of the Palace
Hotel where the reception took
place. The Vice Presidents message
gave a resume of the progress of
the Philippines during the last ten
years and her roles in preserving
the democratic way of life and
fighting communism in the Far
East This message was followed
by a brief speech of greetings by
Consul General RoXas, who was
applauded several times for his
most eloqu n message to both
Americans and F'ilipinos alike.
A surprise of the evenings affair
was the awarding of the Philippine
Legion of Honor medal to Mrs.
Mercedes Evangelista Gamatero
for humanitarian services during
the Japanese occupation of h e
Philippines. Consul General Roxas,
assisted by Consul Gumagun read
the citation and pinned the medal
on Mrs. Gamatero.
Highlight of the evenings cele-
bration was the dancing of the ira
ditional "Rigodon de Honor" by
eighteen couples, with the girls
dressed in gorgeous and beautiful
ternos and the boys in their color
full barong tagaIogs. The Rigodon,
which was ably directed by Mrs.
Ruth Burgos Voss, assisted by Mrs.
Amparo Delgado, lent grace and
dignity to the occasion, and was
performed by the following: Misses
Rose Castro, Nina Lozada, Luz Or
beta, Rosie Roxas, Julie San Juan,
Margaret Ford. Dolores Cruz, Aida
Sison, Lucia Lozada, Nancy San
tos, Tennie Aquino, Rolenda Rio,
TN,1sro,r &C.,, Ft,4L.es.. RI -
Filipino forum. [volume] (Seattle, Wash.) 1928-196?, 1956-08-17
FOREIGN Service
(Continued from Page u

Continued from Page II
much harder to learn than reading
Consular and Diplomatic Service
by Professor Stuart of Stanford.
Closer to the People
In the United States, Hawaii,
and Guam, our consulates should
get closer to our people not just
with routine parties, fiestas, bonn
bastic oratory and pala-pala poll
tics, but with a creative and con-
structive program, such as what
we have been harping on in vain
since the establishment of our
glorified foreign secretariat known
in the high-sounding parlance of
consular and diplomatic service as
consuls, ministers, n d ambassa-
dor plenipotentiaries with or with
out portfolio usually without a
concrete and constructive pro-
gram.
Philanthropic Foundation
The Philippines should establish
sort of a Central Philanthropic
Foundation to solicit donations at
home and abroad with branches in
the United States and Hawaii, and
of which our mayors, governors,
division superintendent, congress-
men, senators, cabinet members,
consuls, ministers, and ambassa-
doris would be ex-officio solicitors,
if and when their cooperation is
needed within their jurisdiction
without extra compensation.
The American taxpayers donate
about three billion dollars every
year. The Russell Sage Foundation
lists over 500 American philanthro-
pic foundations. Practically every
country in Europe and Asia Minor
mas an agency IN the United States
soliciting donations from American
individuals and Institutions.
An era of high taxes stimulates
the philanthropic impulse; for do
nations to duly registered institu-
tons are deductible from taxable
income.
If we want more share from
American beneficence, we m u
have philanthropic agency in the
United States to be run jointly by
a Filipino director and an Ameri-
can manager, a live wire, a go-get-
ter, a producer, not just a pie card,
or a glorified clerk, like many of
our consular and diplomatic Off
Gals.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-21
Sun and Snow Duel
On. 2 Sides Of Street
By ROBERT ]. LEWIS

Once in awhile does good to stand back try
ceive some Of the things you've overlooked before.
In spite of the high value attached being time
have noticed that when
the rush OF everythngon leisurey visit to the
tryyou apt to do thinking and more things
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-21

help you to live longer, more
comfortably. more economically
and more cheerfully,
In short. when you choose a
home. or build one. you cannot
afford to shut your eyes and
ears to silent stones that speak
sermons. speeches. trees that
talk, unlettered running brooks
that write books, uncouth winter
winds that roar from the north
and northwest, sibilant breezes
that whisper up from the south
and southwest, the sky-writing
habits Of the summertime sun
or its low-looping calligraphy
reserved for winter.
Why does snow usually melt
faster on one side Of the street
than on the other?
We asked that question Of a
number Of our friends and ac-
quaintances this week. One or
two thought We were joking, a
few were doubters. only one re-
ported noticing the phenomenon
and none claimed he had a COM
plete answer.
Here are the replies We re-
ceived:
=. Because the suns hit
ting 1t, that's why!"
-. Because it's warmer over
there"
=. Because 1t doesn't take
as long to heat up in the morn
ing"
-. Its mainly the sun, isn't
-. AN things being equal, it
doesn't"
-. Constant exposure to the,
sun must do It,"
-. We'll. does it?"
-. well. for a variety of
reasons. The wind, for instance. y
-. What is this. a joke?"
%@*
The simplest questions are
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-21

around you (the stars at night,
for instance) than you do in
town?
AS Mr.. Shakespeare put It:
And this our life, exempt
from public haunt.
Finds tongues in trees, books
in running brooks,
Sermons in stones, and good
In everything"
Somehow or other. as city folks
we seldom hear the simple or
profound things that trees,
stones. brooks. hillsides and the
sun and wind have to tell US.
But when we are able occa-
sionally to disengage ourselves
from the welter Of daily tasks
and routine thoughts, we can
learn many lessons of value just
by rejecting on the world around
us.
Sometimes all we need to do
is take time to speculate on what
may appear to be an unimportant
thing. Like, for example, why
does snow usually melt faster
on one side of the street than
on the other?
~ &&
This mildly puzzling question
undoubtedly fitted quickly in
and out of hundreds of minds
during the last week after the
winters first major snowfall. It
is illustrated graphically in the
photograph on this page.
Why has some of the snow
melted las can be seen in the
photographs background and
why has the rest remained Gas
can be seen in the foreground ?
The answer, as you might ex-
pect. is involved In the things
that a study Of natural phenom-
ena will tell you. Its fascinating
side aspects throw a great deal
Of light on how to choose a home
site and the kind Of house to
design for it. They may even
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-21

ant. livable place than the build
ing materials you decide on, the
color scheme you select. or the
furniture you choose.
Why snow usually melts faster
on one side of the street than on
the other is important here as
a question chiefly as it touches
on the whole general field Of
natural phenomena in relation
to home planning. A good archi-
tect knows this field and can
make it work for you when you
buy or build house.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-21

in the Roman countryside is true
today in Washington and its SUBJ
urbs.
South-facing. protected land
will allow you to have pansies in
your garden all winter long. But
just try to grow them on a north
facing slopeI
In the same way that this
knowledge is important to the
farmer or gardener. so is it to
the good builder and architect.
Two hundred years ago, build
ers Of old stone houses in Penn
sylvania put most Of the win-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-21

1t sends slanting land thus weak
er) rays to our part Of the earth.
He knew also that against a
south-facing hillside these rays
are more direct. Being more d.
rect. they are stronger and can
warm the earth quickly and more
deeply than they can warm level
ground or a north facing hill
side exposed to the cold winds Of
winter. Thus such fields never
got so cold in winter and could
be prepared for crops earlier than
others in the spring time.
What was true 1000 years ago
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-21

sometimes the toughest to an
swer. Marcus Cato, the wise old
Roman who gave the world its
earliest work on agriculture,
wouldn't have had any diffi-
Guilty at all with the question.
Two thousand years ago, he
knew that south facing fields,
protected by hills on their north
side. made the best farms-be-
they never got so cold as
north-facing fields.
He knew that the sun rides low
IN the sky In winter time. that