davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

Totals SO 247 Totals 80 10 % o
lGrounded out Tor McMahan in 4th.
2Walked for Munger in 9th.
BPopped out for Freese in 9TH.
4Safe on error for Pepper in 9th.
5Walked for Groat In 9th.
Pittsburgh -- O2O Dol 0OO-3
st. Louis BOZ ITO lOx-S
Runs lasingame, Musial CO, Boyer.
Moon CD, Del Greco, Long, Clemente GU
t2l, Hatton. Runs
batted in--Moon "a, Musial CT, Bias
ingame, Konstanty. Long, Cole, Foiies.
Inree-paSe hits--Clemente, Del Greco.
Home runs--Moon l2l, Long, Musial.
Stolen base-Moon. Sacrlnce-Sarni.
Sacrince fiy-konsIanty. Double plays
Cole to rreese to Long; Groat to Cole
to Iona; BlasinRame to Moon, Left on
bases-Ptttsburgh. 10; ST. Louis, IL
bases on halls--Of Law, =: OIL swan
son, 2; on Munger, 2; OF PEPPER, s: of
Mlzell, 8: of konstanty, /. struck out
by Law, 2; by swanson. /; by Munger,
l: ny repepr, ]; ny Mlzell, .. H1ts-On
Law, = in ia innings; OH McMahan, Y
in "a inning; on Swanson, s in 1 inning
tpitched TO / halter in 9TH inning; OH
Munger. IN ! inning; of hall, 2 IN
"a inning; on Pepper, 2 in ga innings;
on Mizell. B tn25 innings tpitched to
patterS In 9TH innlng), on konstanty,
IN innings. Runs and earned runs
on law, b-h; on McMahan, 90; Oh
Swanson, 90: M Munger, 90: on Pep
per, III; on Hail. 90: OF Mizell, 3D.;
on konstanty, 90. Winning pitcher
Mizell (7-2l. Losing pitcher-Law (2-6D.
Time-3:O7. Attendance-1o 14Q
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
PhiIIies Trip
Cubs, "a

CHICAGO. June 9 (P.-The
cellar-dwelling Phillies rode a
f1ve-run squirt in the second in
ming to GA victory over the
Iseventh-place Cubs today. ending
a f1ve-game losing streak.
Saul Rogovin'S second decision
of the year left Phila delphia a
lhalf-game behind the Cubs
Rogovin had to have help from
Bob Miller.
Ted Kazanski and Stan Lo-
pata each slashed two-run
singles during the Phils' big in
ming before Del Ennis doubled
Marv Blaylock home with the
fifth run.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
NIGHT CAME

Totals 50 IL 2413 Totals 80 "a ~
| Tripled for Fornieles in 5th.
2 Took Bel count for Palica In 9TH.
Walked for Diering in eth
4 struck out for Nelson in 9TH.
; Singled for Baxes In 9th.
Forced oinsberg for ShantE in 9th.
Kansas City -------- 600 400 O0i-5
Baltimore --.--~ Dol oil 90x--7
Runs-Gardner (2l Hale. Nleman COY.
Causey, Evers, Power. Simpson, Finigan.
Thompson. Groth, Errors--Power, Faxes
l2). Runs batted in--Haie. THOMPSON.
Qroth C2D, Baxes, Nieman az, Gardner
Francona, Slaughter, Two-base hits
Power. fFrancona, Lernial, Nieman
Three-base hits--Causey, Nieman. stolen
balls--Lopez. FrAncona Sacrince tiy.-
Nelson. Double plays--Miranda 10 Hale;
Baxes to Finisan to Power. Finiaan 10
BaxeS TO Power, Gardner to Miranda 10
Hale. Left on bases--Kansas City, Il:
Baltimore, 5. Bases on balls-Of Cor
man. 4; on Fornieles, I; on Paiica. I;
on luyerink, 1. Struck out--By Cor
man. BY Shantz. A. BY Fornieles, &
Hits-oh German, 3 in Il innings; on
shantE. z In 2 innings. OF Fornieiss, s
in 5 innings; on Paiica, o in Z innings:
earned rIns0on oorman S va. s az
shantz. 90; OF Fornieles, a.: on Pa.
lica, 90; of Zuverink, I'll Hit by PITCH
er-By shant1 tGardner). Wild bitch =
German, Fornieles. winnins pitcher
Paliea an Losing piteher-ciornian
o. Time--2;ib. ttsndanee-s. se5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
THE BASEBALL
BEA T
By BURTON HAWKINS

Bucky Harris of the Tigers
and Chuck Dresser of the Sena-
tors agree on six positions in
selecting American League ALL
Stars. Both pick Mickey
Mantle, Yogi Berra, Harvey
Kuenn, Mickey Vernon, Nellie
Fox and AL Kaline.
Dresser takes Ed Yost at third
base with the qualification, III
he keeps going as he has re-
Gently" while Bucky says, IT'D
like to have George Kell up there
swinging for me if I needed a
hit I"
Chuck picks Cleveland's Al
Smith for leftfield. while Harris
chooses Ted williams but says
I'm picking Williams on the
SuppoSition that he'll be ready
by the time the All-Star Game
rolls around. He didn't look
good against us in Boston,"
For a starting pitcher, Dresser
leans to Herb Score of the In
dams. while Harris dominates
Whitley Ford of the Yankees.
y y
Harris was mourning the un.
timely loss of .Kuenn, a 800 hit.
ter against the Senators, but
unable to play here because Of
a strained foot ligament. HE
had an easy triple in the top Of
the eighth at Boston with none
out, but he hurt his foot wher
he hit first base and had to
hobble into second" Harris said
"Torgy earl Torgeson) tried tc
drag a bunt to move our runner
over and lined the ball to Mickey
Vernon. Easy double play. Il
Kuenn doesn't cripple himself VIZ
win the game"
Mel OFT, the former Giant.
slugger and manager who nov
is a sportScaster for the Tigers
rates Kuenn a 80 per cent i'm.
proved defensive player over las
season" and his broadcastine
buddy, Van Patrick, concurs. /.
He has been making unbeliev.
able plays" Patrick says.
1 x
Coach Joe Gordon of the Tiger.
played at Argyle Friday with Col
Bozie Berger, former UNIVERSITY
of Maryland star and one-timt
major league infielder. Cor.
don shot a rs and says he missed
several shot puts. Berger
got an "a with the aid of several
long ones. !. Bozie has doomed
to 220 pounds.
Fourteen-year-old K a thlee r
McGrath of Alexandria sends a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
Totals 80 IL 276 Totals
1 Pan for phiiIsv IN or

Grounded out for Hurd in 9th.
Chicago -------- ITO 600 0O6-S
Boston 600 600 OOO-0
Runs-Rivera, Fox (2J, Minoso. Phil
lips, Lollar, Aparicio, Wilson. Errors
ESne Do sSni Lo Slated HateId M T%S
base hit-Hatfield. Double play
Aparicio to Philley. Left on bases
Chicago, 10: Boston IL. Bases. on balls
| .. Struck out--By Wilson. s; by O'clock,
.. Hits-Of O'clock, z in Innings;
of Hurd. in 3 innings. Runs and
earned runs-Oh O'clock, 2-2; OF Hurd.
6-6. Wild pitch--Delock. Winning
pitcher-Wilson (S-2). Losing pitcher
O'clock Q-4). Time-2:39. Atten-
ldance-16230
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
Pirutes Drop Roberts

PITTSBURGH, June Q (P.-
Second Baseman Curt Roberts Of
the Pirates today was optioned to
Williamsport in the class A
Eastern League on a 24-hour re-
calnbasis.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

Runs--O' Connell ri. Mathews. Aaron.
Error-Logan Mathews. Runs batted IN
o 01eASsonh ThSpmson 49, Two,5ass hits.
gan, Burdette, Double plays--Spencer 10
Dark to White, Liddle to Dark 10 White
Left on bases--New York, 8: Milwaukee
Liddle, q on Hearn. i, Struck out-By
Wilhelm, !; BY Burdette. z. Hits--Off
Antonelli. 2 in innins: on Liddle, 3
IN "a INNINGS; on GriSsom, 1 In q in.
Wilhelm, in innine. Runs and earned
runs--oh .Antonelli, SO; on Liddle, ii !.
PaSfd ball-Westrum. winnIng pitcher
-bFdette tS-3). Losing pitcher
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
MINOR LEAGUES
AMERICAN Assoc,.r,ov

AMERICAN ASSOCIATION
Minneapolis. /; Charleston. o list
INDIANAPOLIS, 4: Omaha, 3.
INTERNATIONAL LEAGUE
Toronto. 5; Richmond. 4.
Miami. 10. Buffalo. g.
PACIFIC. COAST LEAGUE
san DIEGO 4 los Angeles.a.
San Francisco, 10: Vancouver, s.
TEXAS LEAGUE
Houston; ~ Austin. LIST game).
Tulsa. 3; Fort Worth,
syracuse 3, Albany, 3,
SsSsihls,,nas:.s;taey, 4 HinGhamton. o.
Reading, 10: tohnstown, n
SOUTHERN ASSOCIATION
Birmingham, .; Mobile. 3 ust game).
Little Rock. IL. Chattanooga, 9
chaTleston, q; Minneapolis. (end
NAfhville, 2: Memphis. 5.
Orleans, a Atlanta. 2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

breakdown on the average age of
major league clubs. Pittsburgh
is the youngest at .26 years 4
months. with the Senators next,
four months older. !. The White
Sox are the most decrepit at 30
years 6 months.
r. E. Wenzel of Bethesda is
burned up because some batters
hit with one foot out of the box,
I. Nellie Fox of the White Sox
lis a notorious offender, but
Iumpires aren't inclined to get
technical about it unless the
other team squawks.
The Grandstand Managers
Club of Alexandria. a live outfit,
made a tape recording of a speech
Chuck Dresser delivered to the
group before the season started.
i. Chuck, a game guy, has
promised to be present for a play
back after the season.
Pitcher Walter Masterson of
the Tigers has one of the shorter
crew cuts currently on display
given him by a fellow pitcher
Steve Gromek. With the
exception of a six-run splurge
by the Red Sox the other day,
Masterson has presented Detroit
effective relief pitching.
AS a sample of what sort of
pitching the Senators are receiv-
ing, Is of their starters have
failed to survive the third in
ming. Bob Porterfeld holds
the Senator's record for yielding
the most homers, 10, but that
threatens to become extinct al
any moment. Camilo PaScual
ALREADY has permitted Is homers
this year. He has allowed
a homer an average of every -four
innings.
i \
Detroit is carrying nine pitch
; erS and six have earned-rur
averages of 4.03 or worse.
Eight of the Senators 10 are
4.10 or worse, just in case Harris
thinks he has, it tough. The
!; only Senators with pasSable
earned-run marks are Bot
ChalkeS and Bunky Stewart
both bullpen men.
For the first time in years
there's a parking problem al
Griffith Park in Charlotte, Gre
ated by a recent 10-game win
ming streak by the Senator's
farmhands. Attendance here
lags behind last seasons by more
than $1,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

Runs-Blaylock. Ennis. Jones. Green
grass, Smalley, Kazanski, Miksis, Baker.
Banks. Whisenant. Errors-Miksis,
Kazanski (2l Lopata l2l. Ennis. Whise-
nant. Greengrass. Two-base hits-En-
mis-. Baker Three-base hits-Baker.
Lovl. Home runs-Banks. Whisenant.
Banks to Baker to Fondy (2). Baker to
Fondy: Kazanski to Blaylock. Left on
,baseS-Philadelphia 5, Chicago 3. Bases
of Rogovin, l. of Lown, /: of r. Miller,
10 Struck out-By Hughes, 2 by Rogo-
vim. 4; by Lown .. .Hits-Oh Meyer 3
in Inning faced 4 batters in and): OF
Hughes. . in 4 innings: of Rogovin. z
in Ga innings: of Lown. 3 in 3 innings;
of R. Miller. Q in o2s innings. Runs and
earned runs-Off Meyer, Al OF Hughes,
| III: of Rosovin. A of Lown, III: of
Miller. 90 Winning pitcher-Rogovin
Time-2:45. Attendance-Ii,aIO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
Totals 81 524 IL

Totals 81 524I1 Totals 81 81
Ran for Adams in 5th.
Took called third strike for Boyer
IN Sth
3 singled for Harrington in sth.
Struck out for Baxes in 9th.
Kansas City ---- 900 900 001-1
Baltimore - --- 100 OLE 00x-4
Runs--Kell, Nieman. Triandos. Mi
randa, Slaughter. Error--Simpson. Runs
hatted in-Nieman. Adams, Francona,
Groth. Double play--Miranda to Gard
ner 10 Hale. Left on bases--Ransas
city. 8: Baltimore. z. Bases on balls
on Moore. 3; of Lasorda. 3; of Har-
rington,- /. Struck out---By Heritage,
on .Herriase, 8 IN 4h innings; of La
sorda, ! In is innings; of Harrington,
o in ia inninss OF Burtschy, 2 in
innine Runs and earned runs-Oh
Moore, III. of Herriage, 20; of La
ssorda, go on harrington, 90; OF
Winning piteher-Moore (5-4l. Losing
giteher-Hssrrisge qs5l. umpires-
Tine Of game--2:l4. Attendance--3.7 1873
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

Totals 81 1913 Totals 80 Z 81 Is
Called out on strikes for Hughes
in 5th.
Ran for Landrith in 9th.
Grounded into double play for
Lown in 9th.
Philadelphia -- O5O 600 0l0-6
Chicago - 20I 900 1000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

Totals 81 4s415 Totals 81 IL ~ IL
1 Flied out for Westrum in sth.
Grounded out for Grissom in 9TH.
Grounded out for Hearn In sth.
4 Flied out for Pafko In 9Th.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

GrAnd-slam Homers--Tuttle and Kennedy.
Dstroit carrasquel and Hogan. Cleveland:
Daley. Boston. and Robinson. Cerv and Lar :
sen. New York. ! each
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-10
AUTOMOBILES FOR SALE

MERCURY 1855 Monterey 4-dr. sta
tlon wagon; Mercomatic,. 7. and h.
8 seats, like new. S2,499: HOR-
NER'6 CORNER. Buick Dealer Fla
ave. ne. at 9th. Ii. 6-6464.
MERCURY '55 Monterey hardtop; r
and h., Wv. tires, Mereomatic
full leather interior; new.car guar;
anteel 1895 down on approved
credit. SILVER SPRING MOTOR
CO., INC. 1909 E.-W. hwy. lat ca
aver, Sll. Spg.. Nd, JU. $4,000
MERCURY $50 Montclair cow: red
and white. fully equip. Illness forces
sale. S3,1a5. VIII consider trade.
DC. 5-915l. IL
MERCURY '55 4-dr. Custom; shiny
let black unmarried finish; cd, r,
b.; like new: S1.T95: FIVE 1851
DOLLARS DOWN: 3ee to bank en-
car: go balance. ia. 5-9l97.
SERvICEMEN FINANCED. ---i6
MERCURY 80 club coupe: 1St-class
condition. Call before 8 or after O.
81 station wagon. s-pas-
senger: overdrive, radio and heater;
good condition. OWNER, Dalevtew
5.SS1l. ID
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-10
AUTOMOBILES FOR SALE

RENAULT 1858 6-passenger subur-
ban: a clean low mileage French
wagon. that Is tops In fuel economy;
go for a test drive. II will sell for
itself. S645. low down payment;
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-10
AUTOMOBILES FOR SALE

WILLYs So 2-dr.; $500. Small 9
cyl: immaculate. FLOOD PONTIAC.
1921 Conn.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-10
AUTOMOBILES FOR SALE

PoNTIAcS-'65 Catalina custom;
hyd d sas ha pse S aon stssEiH9
chieftain a;ss: hydra. :. and h.
sac. ~ Pontiac z-dr: star Chief;
hydra, r. and h; 81 500. HOP
ave. ne. at 9th. Ii. 6-6464.
PONTIAC 40 4-door; black finish,
y;1dX. tires. hysramatie' T ;;,6 and 4;
1892 Ca. ave-. I'll. SpF.. Nd. JU
PoNffi2Sc SO Catalina coupe hard.
top; S2.4S7. Loaded with hydra
p. steering. p. brakes, and b..
neH-ear warranty. FLOOD Pom
TIAc. 1921 Connecticut. Wo. g.
$500.
PONTIAC SO de luxe 4-dr., fully
equip. perfect one-owner car $e0b;
TOP allowance for your car: bank
financing. MCNEIL PONTIAC. 1890
Wis. ave. OIL. $4,000. I'm the
Heart of Bethesda ---I2
PONTIAC 1853 Chieftain "s' Cdr:
heater forest green finish; i'm
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-10
AUTOMOBILES FOR SALE

WILLYs 1850 ''6" station wagon;
oyerdTtve; this wagon makes the
ideal End car; S396.
PARKWAY-FORn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-01-10
AUTOMOBILES FOR SALE

PLYMOUTH 40; fully equipped. well
best oitsI, S4oi DENT PL.. NV.
PLYMOUTH 81 crsnbrook 2-door:
car; bank tinsneins. Mcneil PoN-
TIAc, 1920 wis. ave. OF. $4,000.
"In the Heart of Bethesda -12 /.
PLYMOUTH 81 sedan: beautiful
unmarried 2-tone finish; like new;
S946: FIVE 1850 DOLLARS DOWN:
5 e s-s siss on sE ssE II Ss'ansf Fl.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-15
Interest Rate
Rise Pushes
Bonds Lower
BY JOHN BAUSMAN
Associated Press Financial Write

NEW YORK, April 14-The
bond market began the week
with some signs of strength but
prices soon gave way. An in
crease in bank interest rates
pushed them still lower.
Major New York banks raised
the prime interest rate from 81
to 334 per cent after the Federal
Reserve Board announced on
Thursday increases in discount
rates for loans made to banks
Prime interest is what banks
charge borrowers with the high
est credit standing. Other in
terest rates go UP along with it,
On Friday long-term Govern
imentS had their biggest drop of
the week and Intermediates con-
tinued to decline. A number of
issues were at their lowest levels
since 1853 and the 40-year IS
were at their lowest point since
they were brought out in Feb
ruary, 1855.
The 2l2s of 1868 closed Fri
day at 95 u 80 bid, down 10 80
for the week. The Victory 212s
.of l972-67 were off 10 80 for the
week, closing at 1922 80 bid.
The 30-year GAS were off 80 80
at l02 8 80 bid and the 40-year
IS went down % 80 to 81 l6 80
bid.
Rails. industrials and invest
ment quality bonds had the big :
gest drops of the week. accord
ing to the Associated Press bond
averages. The rail and industrial
averages hit their lows for the
year Friday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-15
NEW YORK COTTON

NEW YORK. April II lP-Cotton flu.
lures prices started out on a firm note
thls week, but turned soft on expecta-
tiohs that the new farm bill might be
With the exception Of nearby Nav. An
aetlVe futures contracts on the New YORK
COTTON Exchange finished In the minus
column Net losses for thr week ranged
20 Sl.45 bale Nearby May closed 40
cents bale hiEher
The market was strong early in the
week Later. selling developed as traders
inclined to the view hat the new farm
olil with its provision toI rjgld price
supports al 30 per cent OF parity might
run a considerable risk Of meeting with
a presidential veto
MANY In the trade felt that n the bill
we're vetoed. the Secretary of Agriculture
could be expected to announce a 1856
loan rate Of 81 = cents on middiinF inch
cotton. II the farm bill should become
law, " vas felt. loan rate OF b cents
would be in prospect
Exports for the week ended Tuesday
Eere estimated by the New York Cotton
Exchanse Service Bureau at IS 0UO bales.
compared with SO 900 bales the previous
week and 80. 600 in the ike week Of
1855
For the season through Tuesday. the
estimated total now stands at 2SS. 900
bales. This is less than hall the 2.729,
900 bales which had been shipped out OF
the country at approximately the same
time last season
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-15
Shows
harp|ncreases
Under Forster
WARREN r. FORSTER


Assets of Munsey Trust Co.
have jumped 81 per cent and
deposits have climbed 44.7 per
cent in IS months since Warren
r. Forster became its president.
A major factor in earnings,
outstanding loans have more
than doubled in the same period,
while holdings of Federal secur-
tiles have risen 8.8 per cent and
capital funds have increased 90
per cent.
The Munsey statement for the
condition call on April 10
became available yesterday and
disclosed the amazing growth
since January 20, 1855, when Mr..
Forster resigned as senior vice
president of the National Bank
of Washington to take the Nun
sey helm.
Assets on April 10 totaled $29,-
834 SAL, compared with $685.
242. 1874 on April IL last year and
S21 ,678.745 on December 81,
1854, just before Mr.. Forster
moved.
Deposits of $26.274,212 on
April 10 compared with S21,-
784.186 on April II. 1855. and
$18,229,772 at the end of 1854.
Net loans totaled $10.005. 645
on the latest date, in contrast to
S6,860,563 on April II last year
and $4.832, 1877 at the end of 1854.
Holdings of Federal issues
amounted to Sl0,356.385 VS..
S9,823.728 and S9,520,57l on the
earlier dates.
Capital funds amounted to
$3.355,634 VS.. S3,295,092 and
1921 .569.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-15
Power Wrecker Launches
FoqqyB Bottom 'NewLook'

lngS in a 500 million Cooper
ative apartment center stretch
ing from Twenty-fourth street to
the riverside. 1t will be known
henceforth as the Potomac Plaza
Center.
SIS Per Cent Subscribed
Current work being under
taken under the direction OF
Edmund j. Flynn, operator of
one OF the worlds most success
full cooperative ventures, is an
eight story. cross-shaped coop
apartment building.
1t is already subscribed by
55 per cent for apartments rang
ing in price from $1,000 for
a studio apartment to a de luxe
suite going for S34.5O0.
Once completed, the apart
ment building will be followed by
medical and Office building
fronting on Twenty fourth
street.
The other buildings will be
added when needed. When they
will be needed is a question of
debate Mr.. Flynn. who has
never had a failure. says within
five years. Other estimates are
twice that time.
New Look for Georgetown
Whatever the result, George
town will never be the same.
Instead of the unsightly gas
tanks and their supporting iron
girderS. there will be a bright.
airy building close to the river
In years to come. old residents
will look back on the scene and
recall their days when they
looked on the old tanks like a
homing beacon and realized sur
cease WaS not far away.
A new skyline will be far more
pleasing to the eye. but it won't
be the same. Foggy Bottom. the
urchin. is being fitted out in a
new suit of clothes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-15
BY JOSEPH B. BYRNES

An earth-shaking event is TAX
ing place in Foggy Bottom.
RelentlesSly huge stee
weight is lifted high on the boom
of a power crane and dropped
The ground Tembles for two
blocks around.
What it is doing is wipinl
away the last vestige of a famous
landmark, the Gas Works al
Twenty-fourth street and Vir-
ginia avenue NV. The steel bal
is cracking up an l8-inch-thick
apron laid down in 1885
When the wrecker's job is
done. work will get under way in
earnest on the first of nine build
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-15
New Initiation
Brings Further
.CreditCurb
BY WALTER BREEDE. JR.
Associated Press Business Writer

NEW YORK, April 14.-The
Nations business showed symp-
toms of inflationary growing
pains this Week-and the Fed
eral Reserve prescribed correc-
tive treatment.
The symptoms included: Ris-
ing prices of industrial materials,
heavy bank borrowings by bust
ness firms, evidence that some
manufacturers were buying steel
beyond their needs in the eXpec-
tation that prices would go up
so they could turn quick profit,
All this, the governors of the
Federal Reserve Board decided,
could mean only one thing: In
fation was on the march again
and steps would have TO be taken
to check 1t.
The cure they prescribed was
a time tested one-an increase in
interest rates which would
tighten the screws on credit.
The new rate, which ranges as
high as 8 per cent in San Fran
cisco and Minneapolis, is the
highest in % years.
Commercial banks promptly
passed the increase along TO
their customers, taking their cue
from Chase Manhattan. which
raised its prime rate to 394 per
cent.
The boards action raised the
possibility OF higher interest
rates on new mortgages, and
higher service charges and sitter
payofi terms on installment
loans. Banks were expected to
screen loan applicants more
carefully; retailers and manu-
facturers inclined to inventory
speculation might find bank
loans hard to come by.
Most economists agreed that
the action would curb use Of
bank credit for excessive inven-
tory building.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-15
MUTUAL FUNDS

NEW YORK. SpEil "a QY-Hationa
Association OF Securities Dealers, Inc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-15
BUSINESS
BRIEFS
Bituminous Production in the

Bituminous Production in the
week ended April 7 totaled
1855 900 tons compared with
l0,280.000 in the previous week
and 100000 in the like week a
year ago.-National Coal Associ-
alton.
Motor Vehicle Output last
week totaled 133.92S cars and
24,2l9 trucks compared with
l33,354 and 24.308 in the prev,-
Gus week and 1851 and 30.19l
in the like week a year ago -
Wards Automotive Reports.
Crude Petroleum Stocks, do
nestle and foreign, on April 7
totaled 263,823,0OO barrels, up
l,757.000 for the week Bureau
of Mines.
Montgomery Ward d Co. an
nounced it has opened so new
catalogue stores since August
and plans so more in its present
program.
Copper Range Co. in year
ended December 81 earned SO =
040.059 or $500 a share VS..
S2.223.184 or SIPS in 1854.
CarnatiOn Co. in year ended
December 81 earned S8,070.373
or 1887 a share VS.. $7.746.825 or
1894 in 1854,
Allegheny Ludlum Steel in 3
ended March 81 earned
4,572,6 08 or Sl23 share VS..
or SO cents In 1855
period.
koppers Co., Inc. in 3 months
ended March 81 earned 1881 SIS
or 81 81 a share VS.. 1882. 664 or
sc cents in 1855 period.
Alexander Smith, Inc. in year
ended December 81 had a loss of
s3,576,829 VS.. a loss of s3.867.169
in 1854.
Great Northern Railway in
ended March 81 earned
S2,056,ll5 or "a cents a share VS..
S3,97l.l98 or 66 cents in 1855
period.
Mohawk Carpet Mills in year
ended December 81 earned ST.
678,7l4 or S3.l6 a share VS.. 1913
988 or Sl.53 in 1854.
Lukens Steel Co. in 3 months
ended March "a earned Sl,36I. :
Gal or $4.28 a share VS.. 1922 ,384
or 80 cents in 1855 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-15
DIVIDENDS

NEW YORK. April "a R-Dividends
announced
Pc Stk OF Pay
Rate Rod record able
Aeeumulative
Jacobs ri pf 62isc Ais 40
Increased
Puget snd P&Lt 32c 4-2I 5.lb
Cdn Fairbks Morse soc sis al