davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29

unit OF traune ~ shares OF safes In fulI Rates
Of aivioenoS IN the toresons table annual dis
ouTSemens haSeu on the last quarterly OF semannual
declaration Unless otherwise noted special or extra
di!ldenos are not included Also extra OF extras
An1gai rate olns stock diyoend Declared paid
far this year Payable in stock durina 1875 est1.
mated cash value ex dividend OF ex- distribution
alyGenq Or split up Declared paid this year
Tins wear DIVIDEND omitted deferred OF no action
taken a. las: dieidenq meeting Declared or psid in
l936 estimated cash value eX-diyidend or ex-dis.
tIlDuton date Llaulda'in dividend clio Called
yrdlvioenc X-dis Redistribution xr Ex-rights
XIV Without warrants Wv With warrants Wd When
distributed vi When issued nd Next day delivery
In bankruptcy receivership or Being reorsanized
such companies ~ W
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29
YOUR
MONEYS WORTH
Broking or Breaking the Bubble
sV SYLVIA PORTER

to move. BY a series of maneu-
vers. the Federal Reserve Board
pushed up the cost of borrow
ing to the steepest level since
the bank holiday" of 1888 and
clamped down hard on the
ability of the Nations banks to
lend to their armies of appli-
cantS.
Squeeze Is Apparent
Even the biggest, highest
rated corporation, State and city
borrowers are finding the going
rough.
And the worst squeeze is just
where Mr.. Humphrey argued it
would be-on the smaller bust
ness borrower.
Our objective is to brake the
boom without breaking it," said
one Federal Reserve spokesman.
You can't administer a credit
squeeze without someone getting
squeezed. Naturally, some bor-
rowers are being hurt"
1T would have been wiser to
wait a few months before acting
so drastically," said an admin
istratroi official. obviously re-
fiecting Mr.. Humphreys view
This anti-inf1ation act now
might lead to something none OF
us wants"
II Mr.. Martin was right and
Mr.. Humphrey was wrong. a
break in the boom is in the MAX
ing.
tCopyfisht, 1856, the Hall Syndicate
Inc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29
Credit Curbs
Are BeingFe|t
ByConsunners
BY WALTER BREEDE, Jr.
Associated Press Business Writer

AoabAAhNNu EICAS DuSliesS w ritter
NEW YORK, April 28.-The
Governments latest anti-infia-
ton moves began to make them
selves felt this week at the con-
sumner level.
Major auto finance companies,
and some department stores, an
nounced they were raising their
interest rates. This results from
the higher discount rate estab-
lished by the Federal Reserve
Banks two weeks ago.
Retail trade eased off this
week. Manufacturers of auto
mobiles and tractors scheduled
new production cuts. Elsewhere
there was ample evidence that
the boom packed plenty of
power.
Several of industry's giants
announced their sales and earn
ings for the first three months
this year, and for many the re-
results were never better.
Conspicuously absent from the
weeks roster of record breaking
corporate earners were the auto
manufacturers who have been
faced with burdensome inven-
tories and sagging sales this
year. Both General Motors and
Ford reported lower profits for
the first three months, al
though GINS nonmilitary BUSH
ness showed a gain of 4.3 per
cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29

You wouldn't offhand think
of Treasury Secretary Humphrey
as a leading spokesman for the
small businessman's interests
but a few weeks ago in one of
the most dramatic behind
closed-doors battles of his po-
litical career that's precisely the
role he played.
He lost. And thereby hangs
a tale.
Since early March debate has
been mounting over whether
1865 business boom has been
developing signs of an inflation-
airy bubble or whether it has
been topping out and possibly
developing signs of another re-
ceSSion.
Taking the side that imitation
is the key threat which must
be met aggressively by a clamp
down on credit now has been
William Nice. Martin, chairman
of the Federal Reserve Board.
Arguments Outlined
Taking the side that whatever
inf1ationary pressures exist will
wear out by themselves soon and
this is no time for stiff anti
initiation controls has been Sec
rotary Humphrey.
Federal Reserve officials have
argued, in effect. that: a new
prlce-wage upspiral is in process:
with demands for most basic
materials and metals already al
record levels. there Just isn't
enough stuff around to build all
the plants businessmen and
others want to build: borrowing
by businessmen. States, cities,
etc. must be curtailed until the
situation eases or well be off on
a new imitation.
Treasury officials have argued,
in effect, that: there are enough
weak spots-in autos, farming
teXtiles-to warrant a longer
look; in a couple of months. the
situation well make shake itself
out; a sharp squeeze on credit
at this delicate moment could
eliminate Just the businessmen
you'd want to be building plants
six or nine months from today:
the small businessman is in a
bad enough pinch as it is.
In their private talks through
out early April, Mr.. Martin and
Mr.. Humphrey exclusively de-
bated these points.
Then two weeks ago today,
Mr.. Martin-who in this case
had the power at act--decided
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29

Rates oi alvidenus ~ tht tureguin.
taoh are ANNA disbursements haScl
on the last quarterly or semi. annua
deeiafation unless otherwise noted spc
ca o. eNtra DIVIDENDS are not included
Alst extra 81 extras b Annus ratt
plus stock dividend Declared Of paic
IN lNd1 ulus stock dividend DeClaref
OF paid 50 tar this wear Payabie II
Stock dnrins a55 estimated cash yaiu'
on eN-dlViueno or Redistribution iatt
9 PAID as year b Declared oi Daie
aiteI stock DIVIDEND OF Splituu De
tiaIeo y naid TINS veai ar accumula
TIVE ISSUE WITH diviuenus m arrears
Paid thus wear DIVIDEND omitted de
tefreu OF nc acton taken Al last dtyt
deno meeting Declaren OF paid n
loot plls stocE DIVIDEND PAYABLE ii
stock durins g56 estimated cash raiut
on cf.dividend OF redistribution date
Llquidstins dividend cid Called xEs
ditldend N.dls ES distribution xf Es
rishts Nv without warrants Wv WIFI
varrants vd when diSiributeo VI When
issued no Next day delivery .ln bank.
tlpley Or .eceiyetAhip OF beine reof
ganlleo under the Bankruptcy Act OF
seeuriti0 assumed b. such companies
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29
Acacia Board
Crippen,
Six Promoted

Election of Lloyd K. Crippen,
vice president and actualy. as
a director of Acacia Mutual Life
Insurance Co. was announced by
President Howard w. Kacy along
with six officer promotions yes
terday.
Donald F. Roberts was moved
up to financial vice president
and Edward J. Schmuck was
advanced from general counsel
to vice president and general
counsel.
Elected to four new senior Of
ficer positions were: Frank Dew
lin, second vice president, in
veStment department; Burt
Langhenry. second vice presi-
dent. public relations; William
Simpson. second vice president
and associate actuary; Lester
Van Ness, second vice president,
office administration.
The new director will cele-
brate his 35th anniversary with
Acacia this year.
Other elected officers include:
Harry j. Shaffer, agency vice
president; j. R. B. Hutchinson.
M D., vice president and medical
director; Nathan A. Clark, secre-
tary; c. Bayne Marbury, treas
urer: c. B. Hurd, associate gen.
eral counsel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29
NEW YORK COTTON

NEW YORK. April Is LR.-Tbe co, :
ION futures market showed a arm under.
tone this week Most deliveries an
lShed out the period in higher ground
active futures contracts trade on
the New YORK Cotton Exchange cloSed
al prices which RANGED from - 65 a
oale higher 10 ! D cents lower than AT
me ,enu OF the week before. Distant
october was the only month to finish
IN lover territory.
Biggest net gain was scored by nearby
July which attracted traders because
OF us oiseodnt under May
Traders cooked an ear at Washing.
ton where the Agriculture Department
announced a mid-April parity price oil
3D." cents pound on middling 7s-inch
upland cotton That's - points higher
than the mid-March parity OF ~ %
against which the 1886 loan rate OF
= ~ cents is calculated
The New York cotton Exchange serv-
ice Bureau reported that cotton eX-
ports for the week ended Tuesday topped
the year-ago level for the scond week
in row Estimated al $4,000 bales.
shipments compared with f5.UUO bales
the previous week and A. 900 in the
corresponding week OF 1885.
The Service Bureau estimated total
al 10000 bales. against .,S3l 900
exports for the season through Tuesday
az approximately the same lime last
year
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29

THE SUNDAY STAR ABS
Washington, D. C.
SUNDAY. APRIL ~. Iss6
man Of televiSion's Giant Ranch,
Will help to entertain.
John Legrand. 38. will be the
stores general manager.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29
HOW | TALKED
MYSELF INTO
$4,000
BY a Wall Street Journal
Subscriber

In meetings with business associ-
ates and customers ! used to be
the silent one. l used to clam up"
when the talk turned to politics or
economics. All l could talk about
was sports.
Then | started reading The Wall
Street Journal. 1t gave me an UNI
Outstanding of what goes on in the
world. ! learned about the changes
taking place in America--new in
ventions, new industries, new ways
to earn money. In conversations
with other men l found could i'm
terpret business and government
trends a little better than they
could. They wondered where got
my inside dope"
As result, l gained confidence
in talking with people. My boss
gave me more important assign
ments. And my income increased.
Last year l earned $4,000.
This story is typical. If you
think The Wall Street Journal, is
just for millionaires, youare
wrong. The Journal helps salaried
men making $1,000 to $4,000 a
year. 1t is valuable to small BUSH
nessmen. 1t can be of enormous
benefit to the ambitious young man
who wants to win advancement.
The Wall Street Journal is the
complete business DAILY. Has
largest staff of writers on business
and finance. The only business pa
per served by all four big press
associations. 1t costs $50 a year,
but you can get a Trial Subscrip-
ton for three months for Sc. Just
tear out this ad and attach check
for Sc and mail. Or tell US to bill
you. Address: The Wall Street
Journal, A Broad St., New York
4, N. Y.
WS-4-29
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29
Stocks Advance
On Reports Of
Big Earnings
BY RAIDER WINGET
Associated Press Financial Writer

NEW YORK, April 28.-Excel-
lent corporate profits reports
turned the stock market ahead
this week. 1t started out in a
ragged manner, slipped lower
and then improved rapidly to
close the week strongly.
One large corporation after an
other reported record high first
quarter earnings, and many took
highly favorable dividend action.
The Associated Press average
of so stocks this week advanced
$3.50 to close at $4,000. That
took the average we'll out of
the narrow range in which it
has been moving for the past
three weeks and put it into posi-
ton to challenge the record of
S19l so reached April 6.
Volume was watched closely.
1t performed bullishly-expand-
GU oIl price DulgeS and dlmln-
lshed on price retreats. The
strongest rally on Friday was ac-
complished by a rush of orders
50 great that the tape fell be-
hind for a while in reporting the
transactions.
Another element of basic
strength in the market was the
Vlgor of the railroad shares. Ad-
Vances of the carriers always
excited bullish hopes.
The five most active issues this
week on the New York Stock
Exchange were General Motors
oil 20 at 4414 on ISL, 800 shares,
PENNSYLVANIA Railroad up 13a
at 2734; Allegheny Corp. up /
at 10; Standard Oil (NJ) up 81
at 593s, and U. S. Steel off
% at 615s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29
BUSINESS
BRIEFS
Bituminous Production in the

BituminOus Production in the
week ended April 81 totaled
1885, 900 tons compared with
l0,045,O00 in the previous week
and 8,542,000 in the like week a
year ago.-National Coal Asso-
citation.
Motor Vehicle Output last week
totaled l29,96O cars and 23,O47
trucks compared with 129,93O
and 23,337 in the previous week
and 184,279 and 32,35O in the
like week a year ago.-Ward's
Automotive Reports.
Crude Petroleum Stocks. do
nestle and foreign, on April q
Itotaled 270,708,O00 barrels. ur
I3.623.O00 for the week.-Bureau
of Mines.
Montgomery Ward & Co. stock
holders approved a 2-for-1 split
in common stock.
Init. Tel. L. Tel. Corp. an
nounced election of Edmond H
Leavey as president to fill the
vacancy left by the death OF
William H. Harrison.
Singer Mfg. Co. for year ended
December 81 earned $18,146. 90l
or $4.03 a share VS.. $1l,889. $40
or 1884 in 1854.
Gimbel Brothers, Inc, in year
ended January 81 earned Sc, 7O3.-
1872 or $3.l6 share VS.. $5,134,O12
or 1924 in 1855.
Other earnings included:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29
MUTUAL FUNDS

NEW YORK, April rs dP.-National
Association of Securities Dealers, Inc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-04-29
32d Giant Food Store
Will Omen Tomorrow

The 32d Giant Food Depart
ment Store will open for BUSH
ness at 8 am. tomorrow in the
Langley Park Center at 1901 New
Hampshire avenue in nearby
Prince Georges County, Md.
The public has been invited
to a preview from noon until
6 pm. today. Pick Temple, fore
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08
Prince Holl Nelson's
Hove Given 500. 900
To NAAcP Fund

Boston amp The Prince
Hall MaSonA have contributed
more than 100000 during the
past five years 10 help the NAACP
Legal Defense and Educational
Fund, Inc. TO find the night for
mula for stamping out racial seq
reEation and dRcriminati0n In
American life and 10 conserve the
right Of Negroes TO enjoy the full
benefits 81 first class citizsnship."
Thurgood Marshall. director.
consul Of the NAAcP Legal De-
Tense Fund, revealed the total
amount Of contributions In "A rs.
port made last week 10 the Grand
Masters Conference, Prince Hall
AffinAtion,
Marshall disclosed that the
500, 900 In donations was made
possible through a resolution pas
aed by the Grand Masters Con.
ference in Denver. Colo, May Of
1851 The resolution called for the
establishment Of tho Prince Han
MAA0nS Legal Research Depart.
ment Of the NAAcP Legal De
Tense and Educational Fund
The department was established
the same year and since then has
been supported by contributions
from 20 individual Prince Hall
jurisdictions, Marshall said Their
1863 donations amounted 10 S2i d.
900.
All OF the money contributed
has been devoted exclusively 10
basic research In connection with
current litigation. legal technlques
and experimentation projects, the
legal defense head told the Grand
Masters,
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08

A Home is a problem. Something
hard to find. These were listed
with you in mind.
3A09 Cedar Ave.
Three bedrooms. Gas heat. 5000.
$500 down.
2A25 10Th Ave So.
Duplex. S13.5O0. $500 down. Two
bedrooms down, and three bed
rooms up. Gas hot water heat -
Double garage.
2526 Clinton Ave.
$4,000 $1,000 down.
7. o. Burt Realty re. s4A7
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08
Dets & Dates
by "JONNI"

III there dsbs and dAtesl Wen,
Just one week left ~ school for
most Of you, and you're all set for
the long summer ahead u sleeping
mornings,
A pOw-w0w was held at Mime
haha Park on Memorial Day.
DeIoris May gave a party We'd
nesday night at her house.
Bob Wagner's back in town, and
he's looking an good as ever. Wei
come home Bob.
Tho roller skating party Mt the
Coliseum Thursday night was a
whole lot Of fun. Everyone was in
a crazy mood that night, and peo-
pie were learning how 10 skate
I'm not telling how many times ]
hit the wood.
Almeda Jones and Charles Coz,
got married Saturday. and after
tho ceremony we all went h0nk-
ing and then dropped over 10 my
house for n small get-t0gether.
The dance at Labor Temple was
wasted, I cant say too much a
bout the music, because, when I
got there, the band was on a break
and left before they resumed
their stand, but there couldn't
have been many more than 50
people al the dance
Another fabulous date has left
the Twins for distant parts he
Is Kenny Simmons who left sun
day. 10 return 20 his Marine base
The girls Ia the Ellis are real
good this year, yes. they are
working right along there When
they make their first appearance,
they want II TO be nm appearance,
dig7
Well fabulous friends, tia been
nice letting you in ON the happen
inga that have past, but that's
part Of what makes this column,
yes. would, call II n column, I'm
leaving thr scene now. until next
week., whether happenings get
better or not, 40 be cool Signing
Off
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08
OPEN HOUSE
Sunday rs p. N.
nnnR NGAA A. GuAA

$500 81 600 down. Vacant Two
brdronlns ard bath Living room,
dining ruonl. Kitchen And reception
RON. Gas heat Al newly decor
a'sd Combination storms and
s-rrsns See SuHiAy Cal Mr.
Erickson or NJ tgo RE s2SS
RE SS4t tGO 90 S-tA
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08
MAJOR LEAGUE
ROUNDUP

Chicago. -- tANPD---A couple Of
weeks ago, Hank Aaron. 24-year-
old outhelder for the Milwaukee
Braves, promised that he would
shake his early season slump Tin
duced, he said, because Of frequent
postponmsnts Of gamssl and move
into contention for the National
League batting Leadership.
Aaron has made good his word
Ills consistent hitting In that two
week period has raised his batting
average from a lowiy figure a.
round the 200 mark 10 an i'm
pressive .352 las Of last Thurs
day morning.. tying him for NTH
place in the Nils batting derby
Ahrou's teammate. Billy Bruton
continues 10 remain among the
batting elite He was hitting .3b3
and continued to lead the league
in triples with seven.
Bruton, incidentally, figured In
a big rhubarb In the Memorial
Day doubIeheader between the
Braves and the Chicago Cubs nj
wrtgley Field In Chicago. The
fireworks started after Bruton
was hit on the head by "A pitch
| thrown by Russ Meyer, the Cub f.
hot headed highlander Meyer
before pitching 10 Brut0n. had
been tagged for consecutive home
runs by Ed Matthews Aaron and
Bobby Thompson
Bruton and the pitcher tangled
near the mound. Both were ban
ished for the afternoon
Brooks Lawrence was the only
undefeated hurler In the majors
among the regular moundsmen.
The strong-arm of the Cincinnati
Reds notchsd his sixth victory
of the season against the Chicago
Cubs. The Redlegs won 10 10 (.
Don Ncwcombe in stopping the
red.hot Pittsburgh Pirates with "A
10 10 I victory, chalked up his
seventh win 81 the season. He has
lost three. Newk also moved into
the leaders among strikeouts. He
was tied for fourth In the MI with
20.
In the American League, Harry
Simpson continues his timely
clouting for the KanAaA City Attn
letics Simpson was fourth in the
runs batted In column with 20
His teammate. Hector Lopez Ind
20 to remain among the laeders
Among other major league
leaders were:
Willie Mays. New York Giants
centerfielder. leading the majors
In stolen bases ti1l. and second In
triples tB; Ernie Banks. Chicagc
Cubs shortHtop. tied for fifth In
MIS- RIBS (2S) and tied for third
In home runs. IN: Frank Robin
son. Cincinnati outfielder, nth In
MI In runs scored t27): Jackie
Robinson. Brooklyn, tied for third
with Roberto Clemente, PITTS
burgh outneider and another
player In MI stolen bases az
and Ciemente, tied for nth In
doubles (T.
Jackie Robinson, incidentally
returned To the position in which
be broke into the majors, first
base The move was made by
J Manager. Walter Aston Of th'
Dodgers In an effort 10 get more
punch into the world champions
} lineup The regular first saeker
ca Hodges, was shifted 10 the out
field
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08
AFRICANS kENYA
COUNCIL MAKES
CITIZENSHIP DEMANDS

Nalrube, Kenya amp r-- The
MARRIOTT District African Congress,
the first African political body 10
be registered In Kenya since the
emergency, has Issued Its first
policy statement with demands
that the government establish a
multi.racial citizenship, based on
equality.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08

Sai2 IND AVE SOUTH -- Three
bsirOom stuCco home Fireplace,
garage Sli.soo 81. 500 down.
DUPLEX. S2SD a CLINTON --
Stucco. Five rooms and bath each
floor. Heated sunporch- Two car
garage. SiS,Soo
STla AND AVE SOUTH Three
be,irooms Plus two finished attic
rooms $4,000 bracket.
DUPLEX. South ~ 18th Street.
Five rooms and bath each floor.
Two car garage. Sl2SO0, $1,000
down
We Build 10 your Specifications
Lots available. toS3 5th Az
So, 5iSp Irving North
OEice Hours IS pm.
Johnson & Associates
94S + SSth ST.
10 s2sS Co. 1895
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08

Some 20 million ". n. families
snap ~ billion pictures annually
with their own cameras.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08

VEIL FIT YOUR BUDGET
1900 Second Az. S.
Three bedrooms, living room. din
ing room, kitchen. bath. full base
ment, gas heat. garage, Vacant.
Terms to suit.
36Al Fourth Ave. S.
, bedrooms, living room, dining
room, tiled kitchen and bath. -
Fun basement, gas heat. garage
81 200 down, You must see this.
1917 Stevens Ave
bedrooms, living room. dining
room, kitchen, full basement, gas
heat. double garage. Can be used
az q duplex. Si0,700, $1,000 down
$3.50 Clinton Ave
Bedrooms. $500. $500 down.
454o Fourth Ave. 8.
Stucco. very modern. 2 bedrooms
garage. Beautiful. VIII GI.
3oo5 Eliiof Ave. So.
Stuceo, Three bedrooms. Living
room, dining room. kitchen. Gas
heat. Terms.
HoBARr 7. MITCHELL q SON
co. $3.50
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08

why not 20 out on q limb 7
tsu't that where the fruit is7" 1870
Frank Scully,
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-06-08
John Hoy Whitney
Joins Fisk Board

Nashville, Tenn. AMP --- The
acceptance by John Hay Whitney
Of membership on the board Of
trustees Of Fisk University has
been announced by President
Charles q. johnson.
One Of Americas leading fin
ancisrs and industTialists, Whit
ney In senior partner Of J. H.
Whitney h Co, and a director Of
the Great Northern Paper Co, and
the Freeport Buipher Co. lie has
served an director Of Pan Amsn-
can Anyways. the United States
Trust Co, and other national cor.
porationa.
In educational circles. he In best
known aa founder and president Of
the John Hay Whitney F0unda-
ton, This In the foundation that
provides opportunity felIownhlpa"
for persons OF promise who, be-
cause OF arbitrary barriers, such
an race. cultural background or
region of residence. have not had
the fullest opportunity 10 develop
their abilities.
In addition 10 his trustee post
ut Fisk, Mr. Whitney In a trustee
at Yale University. n member Of
the board Of governors Of the New
York hospital, chairman ~ the
board ~ tho Museum of Modern
Art. trustee Of the Eisenhower
Exchange F'ellowships. and a
member Of the New York state
banking Board
Dr, johnson described the new
board member m zone Of eduoa-
tons greatest benafaotorR
Two MinnaAotans serve on tho
Fisk Board They are Judaon
B.mis. uce.president Bemts Bros
bag Co, White Bear Lake and L.
Howard Bennett, Minneapolis at,
t0rney and president of the Min.
naannlia NAAI'p