davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
BEST IS
INTESTINE
| EVER MADE
BY q Barron's Subscriber

One of the most profitable moves Of
my investing experience cost me only
SIS. For this small sum l began to
acquire an asset that has brought me
untold benefits.
mean the knowledge of Investment
values I've gained by subscribing to
Barron's National Business and FIJI
nancial Weekly.
This has helped me do a better Job
of separating good investments from
bad investments. ! have built my
capital and increased my investment
income. | have gained greater peace
of mind financially.
This story exemplifes how Bar
ron's serves its readers. There is no
other publication like it. II is written
for the man rho makes up his DUN mind
about his oun money. 1t is the only
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has full use of Dow Jones vast, spe-
cialized information in serving you.
In Barron's you are shown phat,
where, and Why the REAL VALUES
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You get clear, well-founded lnforma-
ton each week on the condition and
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dustrial and market trends.
Barron's subscription price is SIS
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This trial subscription for SIS will
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or tell us to bill you. Address: Barron's,
392 Newbury Street, Boston Is,
Massachusetts. ws-a..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
Stocks Advance
After Decision
BY Eisenhower
By RAIDER WINGET
Associated Press Financial Writer

NEW YORK, Mar. 81 The
stock market this week cheered
President Eisenhower's decision
Ito run again and then advanced
strongly to a new record high.
The Associated Press average
of 60 stocks was up $1.7O on the
week and closed at $18l so, q new
mark by 10 cents.
Wall street is bullish ct the
moment for the near-term. The
further in the future you get,
the less bullish many brokers
become. They carry their crystal
ball gazing right UP to the cleo
ton. If you know who will be
the, next President. then you
know what the stock market will
do then.
Brokers look at the situation
in two ways. If the market
makes a decisive penetration Of
the old peaks. that will be ex-
|ceedingly bullish. II the mar
ket fails to extend its advance
with strength, that will be
bearish.
The five most active issues
this week on the New York
Stock Exchange were Benguet
Consolidated Mining off "a at
.23s, United States Steel un-
changed at STA, General Mo-
tors off "a at 44s4, F. L. Jacobs
up 21s at 9ss, and Royal Dutch
Petroleum UP 334 at 887s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04

Joined the agency in 1896 and
in 1888 became a partner with
his father and Mr.. Howard.
The elder Mr.. Howard died in
1851.
Mr.. Howard is president and
a director Of the Firemen's In
surance Co., director Of Ma
tional Savings d Trust Co. and
American Building Association
and a director of the Home Plate
Glass Insurance Co.
Mr.. Hoffman is vice president
secretary and q director Of Fire
mems Insurance and q director
Iof the National Bank Of Wash
ington. Peoples Life Insurance
Co. and Personal Industrial
Bankers, Inc. He Is past presi-
dent Of the District Association
of Insurance Agents.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
BUSINESS
BRIEFS
Bituminous Production in the

1 BituminOus Production in the
week ended February Is totaled
9,975, 900 tons compared with
100000 in the previous week
and $500, 900 in the like week a
year ago.-Nationa1 Coal Associ-
alton.
I Motor Vehicle Output last week
totaled 136,121 cars and 25,702
trucks compared with 125,502
and 22,673 in the previous week
and 1891 and 1897 in the
like week a year ago.-Ward S
Automotive Reports.
| Crude Petroleum Stocks on
February Is totaled 255. 466. 600
barrels. down 1.l79,000 for the
week.-Bureau of Mines.
| Amer. Gas g. Electric Co. di-
rectors recommended a 3-for-2
split of the common stock SUBJ
lject to stakeholder approval on
April IS.
Atlantic Coast Line r. r. an
nounced it will transfer its gen.
eral Offices from Wilmington to
either Charleston. S. c.. Savan-
nah, Ga, or Jacksonville. Fla.
Westinghouse Electric in year
ended December 81 earned $42,-
802,747 or $2.46 a share VS., S79,-
92l.732 or $4.78.
Timken Roller Bearing Co. in
year ended December 81 earned
$22, 100,165 or 1913 a share VS.
$10,658.159 or $4.40 in 1854.
Merck & Co. in year ended
December 81 earned $15,714,342
or $1.40 a share VS.. $12,614,086
or $1.09 in 1854.
Lone Star Cement Corp. in
year ended December 81 earned
t$14,619.288 or $5.05 a share VS..
E$12,626.077 or $4.37 in 1854.
| w. Wrigley. Jr., Co. in year
ended December 81 earned SILL
643, 900 or 1891 a share VS.. $11.-
I412,579 or $3.50 in 1854.
Chesapeake g. Ohio Rwy. in 2
months ended February 80
earned $9,365.000 or II cents a
share VS.. $7,l51 900 or 80 cents
in the 1855 period, based on
shares outstanding.
Stewart Warner Corp. In -
months ended December 81
learned $6,163.217 or S4.27 a
share VS.. S2,757,436 or $2.05 in
1854.
Midland Steel Products in year
ended December 81 earned $4,-
l402;279 or $7.52 a share VS.. ST.
706.522 or 1891 in 1854.
Draper Corp. in year ended
December 81 earned $3,433, 681
or 1910 a share VS.. $2,301, 522 or
$2.08 in 1854.
American Snuff Co. in year
ended December 81 earned
$2,059,199 or $2.95 a share VS..
l$1.859.518 or 1882 in 1854.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
CHiCAGOLIVESTOCK


/ CHICAGO, Mar. 8 lP.-Butcher hogs
gained 70 TO 50 cents this week while
! sows finished STEADY to rs cents higher,
! In butchers the least advance was on
/ Demand for hogs on shipping account
continued poor as most Eastern killers
obtained supplies at nearby points
! Wholesale fresh pork cuts were weak
price on hogs at the close was $1,000,
Receipts in the cattle section we're
! ~ per cent greater than last week and
rs per cent higher than a year aso:
Ito 800 lower. Cows and bulls ad-
Fyanced but veaIers were weak to Si.00
down. Top was $500.
,UsDAl. Salable hogs 300, total 5000
| ESTIMATED; compared week ago: Bar
rows and gifts 25-50 higher: least
advance on weights around ESQ 10 Or
heavier; sows steady to Is higher; esti--
! the close one lot OF No l butchers reached
! 1890. eaualing the weeks previous
high on Monday; the next price was
l2.75 for few No Soo-220 d weights;
and gifts i2 .00-la so at the close most
lots at 1850 carried stable percent
age Of No 1 and . grades weighing 1900
S sgo ID; most No and 2 o 26o399o u
lbs 11.00-11 80; larger lots OF 100000
salable cattle 100. total 100 festi-
uHteuy, compared week ago. General
! steer market weak to 100 lower good
and choice kinds weighing 1,l50 ID,
down showing most decline; heifers weak
| to loo lower; cows $3.50 higher bulls
| % to most so higher; yealers weak to
| fully 100 lower; Stockers and feeders
/ slow, limited trade steady to weak:
! prime steers 1S.50-25. 90 according to
weight; load 1.222-lb. weights early
$500; loadlots prime 1,400-1 ,650-lb
beeves 1S.50-2l 90; some high choice
under 1850 ID. steers early up TO II so
but practical top on high choice grades
late 81 90; bulky choice steers 1900
2020. early bulk coed steers 1850
| $50; late bulk 15.00-lT.00 utility and
commercial steers l2.50-14 80: high
choice and prime heifers lS.50-2l 90:
late bulk good and choice heifers 1900
1900: utility to low good grades l 90
!, l4.50; utility and commercial cows
l025-lG.O0: few high commercial cows
up to 1850; most strongweight Gamers
and cutters late 900 10.G5; few light
and sheely Gamers $50 down; utility
and commercial bulls 14.O0-l51 good
heayy fat bulls. l1.00-12.n0 scattered
head choice and prime veaIers IS. 90;
most good and choice vealers late % 90
500; Gull to commercial grades 1000
LOO; few loads and lots good and
cnoice stock steer calves 10000 so:
rev good heifer calves 1900: few choice
.lght yearling stock steers up to 5000:
rev loads good and choice feeding
steers under 1000 ID. 15.50-I7. so.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04

I work in q large city. Over q
period Of time l noticed that men
who read The Wall Street Journal
are better dressed, drive better
cars, have better homes and eat
In better restaurants.
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 advance
ment and build up increased in
comes by reading The Wall Street
Journal. How do / know? Be-
cause not long ago sent s6 for q
Trial Subscription to The Wall
Street Journal. 1t has put me
ahead already.
Address. The Wall Street Journ
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
YOUR
MONEYS WORTH
Wall Streets Interpretation

not alter the fact that the auto
industry is in q phase Of lad
iustment." It does not alter the
fact that. building of houses is
down from 1855 levels. It does
not alter the fact that farm in
comes are still sagging.
Spring Upturn Vital
And it does not alter the fact
that the extent of the spring up
turn--which should begin right
now-will be crucial in decid-
ing the trend of the economy
during these first six months
And sales, profits and dividends
will influence prices of indi-
vidual stocks at least as much
at least!-as a political event, no
matter how important.
Copyright 1855. the Hall Syndicate. Inc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
HOW | STARTED A
new LIFE WITH Sc
BY a Wall Street Journal Subscriber

This story is typical. Because
the reports in The Wall Street
Journal come to you daily, you
get quick warning of any new
trend that may affect your in
come. You get the facts in time
to protect your interests or seize
q profit. The Journal is q won
derful aid to salaried men MAX
ing $1,000 to 500, 900 a year. It is
valuable to owners Of small bust
ness concerns. 1t can be of price
less benefit to ambitious young
men.
The Wall Street Journal is the
complete business DAILY. Has
largest staff of writers on bust
ness and finance. The only bust
ness paper served by all four big
press associations. 1t costs $40 a
year, but you canget a Trial Sub
scription for three months for Sc.
Just tear out this ad and attach
check for Sc and mail. Or tell US
to bill you. Ws-3-4
|, A Broad St., New York 4, n. Z
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04

Rates OF dividends In the foregoin
table are annual disbursements base,
on the last quarterly or Semi.annua
declaration Unless otherwise noted, spe
Gal OF extra dividends are not included
a Also extra OF extras Annual rat
plus stock dividend d Declared or pai
In 1865 plus stock dividend Declare
or paid SO far this year Payable il
stock during 1865. estimated cash vain
on ex-dfvidend or redistribution date
Paid last year b DECLARED OF pai
after stock dividend OF spiit-up K DE
clared ~ paio this year an accumuIa
tive issue with dividends IN arrears
. PAID this year dividend omitted de
ferred or no action taken at last ciVi
dend meeting Declared or paid Il
1856 pluS stock dividend Playable il
stock during 1866. estimated cash vaiu
on ex-divtdend or redistribution date
y LiquidatinI dividend cid Called re
dividend x-dis Ex distribution n 6
rights Nv without warrants WV witt
warrants vd When distributed wi Whel
issued nd Next day delivery sIp bank
ruptcy or seceivership OF being redt
ganized under the Bankruptcy Act, o
securities assumed by such companies
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
COMMODITY PRICES

NEW YORK, Mar. 2 R.-The Associ-
dropped slightly this week but was still
"a little ahead of year ago 1t was the
second consecutive weeks decline.
The index, based on 30 important
1864 last week and 1885 year ago
The only item higher this week was
livestock, for which the index rose from
143.45 to 1882.
Lower were industrials, food, grains
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04
IS
STOCKS IN
PROFIT
COLUMN
Ear NaIf a Century
For Mali q Century

Even the most conservative In
weston will have to admit that
stocks which can boast these
features should pass the acid
tests of sound investments:
ta) An unbroken record in the
profit column for half century
or nerei .lO An unbroken record Of
yearIy dividsnd Psymsnts Ter ,s,5 20 to 20
5 10 6l2%; i'd Quality Ratings; mostly
"B r. e "A II, eSp Pin rs world
formance records will continue to be
sustained. II that sounds interesting
you'll want our study Of 10 stocks win
above amazing records.
"PETROCHEMICALS PROMISE
GROWTH Read about the
most rapidly expanding phases
rs eh Wop ndP P1a & 5, M r..s
Ing also: IL Attractive Over-the-Coun-
for IS56?.; What Profit Outlook 70,
G GSSm Iaw 1 nsadaa, what prospects for
Goodyear Tire?"-for United Fruit
for Mems Clothing Makers?-fOr Reyns
olds Tobacco?
SPECIAL OFFER SAVES YOU
NONEY-To get our numerous
aids to greater investment sue
cess in 1856 return this lad"
with SIS Cor ask us to bill you)
for next IS weekly copies Of
FINANCIAL WORLD big 81
Value for So star. starting March !, con.
ceiye also rs STOCKS IN PROFIT
COLUMN for Half Century; 81 Stocks
The Insiders Are Buyins; and Plan
1856 in addition to next FOUR comics
Of 6t.page fact-fndins INDEPENDENT
APPRAISALS" supplement Besides d.
monthly pocket stock guide tells you our
INVESTMENT RATING on EACH STOCK
so you can reach wiser decisions as TO
new purchases and whether to dispose
Of any stocks.
Or, return "ad" Nth $40 for
yearly subscription ISL for sig
n,onths) for complete APART
Investment Service including extras Of
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Edition, to assist you in Judging relative
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EpEE. PAY NOW, saving Us en-.
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Handbook, KNOW HOW OF MAKING
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FINANCIAL WORLD
. So Years of Service to Investors
s6.FM Trinity Pl., N. Y. s, N. 7.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-03-04

tUnit OF trading 10 shares or sales IN full Rates
OF dividends in the foregoins table are annual dis,
bursements haSed the last quarterly OF semiannua
declaration Unless otherwise noted special or extra
B Annual rate pus STOCK dividend Declared or paid
In 1865 plus stock dividend Declared or paid So
lar this year Playable stock during 1856, esti-
mated cash value on ex-dvidend ex-distrbution
DIVIDEND splt osclarsd or paid this vear an
this year. dividend omitted deferred or no action
taken at las. dividend meeting rDeclared or paid In
1865 plus stock dividend Payable stock during
1856 estimated cash value ex.diydsnd OF ex5Sis-
x Ex- dividend kids Ex-distribution xr Ex,rights
XIV Without warrants WV with warrants. wd When
In bankruptcy or recevership or bens reorganized
under the Bankruptcy Act securities assumed BY
such companies
The guardian., 1956-08-04
Presidential
Nominating
Conventions

century old Emancipation of
slaves in 1868. This, is a pre-
dictiOn of the writer.
The decisiveness of the
favorable House vote on the
Powell amendment to the bill
providing federal aid for
school construction, caused
some surprise. 1t was 225-I92.
The Republican vote was 14S
in favor to as against, while
the Democratic vote was n
in favor to 146 against. This
was the amendment to with
hold funds from areas which
failed to desegregate their
schools.
Lack of restraint on the
part of the southern OppOsi-
ton may have taken its toll.
A minority committee report
which was in the hands of
the Members at the time of
the vote states: "The Board
of Education of the State of
Georgia has voted to revoke
for life the teaching certi-
Continued On Page Four
The guardian., 1956-08-04
$1,000 GIVEN
RESTHAVEN

This month the Resthaven
Junior Club presented Rest
haven a check for one thou
sand dollars, which represent
ed the proceeds realized from
the 1856 Debutante Cottilion.
Atty. Edgar P. BENJAMIN.
founder and president of the
Board of Trustees, accepted
the check on behalf of Rest
haven and personally thank
ed each of the club members,
Mrs. Francis G. Wilson. pre-
sident, Mrs. Louis E. Pasco,
Jr., vice president, Mrs. t. Rol-
llsn Ross, secretary, Mrs. Clau-
de B. West, treasurer, Mrs.
Louis M. Vincent, assistant Sc
cretary, Mrs. Alfred C. Lewis.
financial secretary, Mrs. Ros-
coe A. Bowser, Mrs. Andrew L.
Colbetr Mrs. Andrew E. New
ton, Mrs. Milton T. Riddick.
Mrs. Walter j. Stevens, Miss
Gacre B. Turner, Mrs. John A.
Turner and Miss Marie C.
Turner.
The guardian., 1956-08-04
Record Year for
Life Insurance

American families are ap-
parently making 1856 a good
thrift year, if the purchases
OF new life insurance and in
crease in its aggregate owner
ship are any criterion. Aver
age life insurance per family
at mid-year was estimated at
$1,000 up $500 from Jan. l.
Purchases of new life inSur-
ance of $25, ,1O0,OOO,O0O during
the first six months of this.
year, brought the aggregate
amount of this form of FAM
lily financial protection to a
record 1898, 3,OOO,OOO,OOO on
more than 103,OOO,OOO people
at mid-year, according to the
Institute of Life Insurance.
his was over $4,000 900, 900
greater than at the start of
the year.
The SiX-month purchases
are $1,65O,OOO,OOO greater than
year ago and are nearly two
and one-half times the pur-
chaseS in the corresponding
period 20 years ago. This
would indicate that 1856 pur-
chaSes may exceed $50,000,-
100000.
Benefits paid to American
families under their life in
surance policies are estimated
to have the first six months.
Ten years ago, benefit pay
mentS averaged $7,912,00O
daily.
The six-month benefit to-
tai was approximately $780,
100000, some 1920, 100000
more than a year ago and
over twice the total in 1946.
The guardian., 1956-08-04
Law Requires Accident
Report To Registrar
Of Motor Vehicles

Registrar of Motor Vehicles,
Rudolph F. King, Chairman
of the Massachusetts, High
way Safety Committee, off,
cially calls public attention to
the change in the law relative
to the reporting of accidents
to the Registry of Motor We
hicles,
Section 26 of Chapter 90
as amended by Chapter 225,
Acts of 1856, now reads:
Every person operating a
motor vehicle which is in any
manner involved in an accidl
ent in which any person is
killed or injured therein, or
In which there is damage in
excess of two hundred dollars
to any one vehicle or other
property, shall forthwith re-
port in writing to the regis
trar on a form approved by
him. The registrar may revoke
or suspend the license of any
person violating this section. +"
This law became effective
June Is 1856 and raises the
damage figure from one hun
dred dollars to two hundred
dollars.
The guardian., 1956-08-04
Funeral Services
For F. HenmingS

Funeral services for Freder-
lex Hemmings, retired Navy
Yard chemist, were held
Thursday, July 26, in the Nor.
ris Davis Funeral Chapel, Wal
nut ave, with the Rev. D.
Leroy Ferguson officiating.
Attending the rites were a
large number of the Hem
mingS family friends and sew
eral representatives from the
Navy Yard. Interment was in
Woodlawn Cemetery, Everett.
Frederick (Fred) Hemmings
deid the preceding Sunday,
July %, at his residence, As
Vine st, Roxbury. He was a
graduated of Massachusetts,
Institute of Technology. Short
ly after graduation he began
service as a chemist in the
Navy yard and held that po-
Sition until his retirement.
The HemmingS family, one
of the oldest Boston families,
resided for many years on
Sussex street, and was still
living there while the two
sons and the two daughters
finished their education in
school and college.
The guardian., 1956-08-04

role for the races that have
long dominated the Massa-
chuSettS political scene. Many
political experts now believe
that the Irish" and the
Yankees" are apt to rur
second fiddle for many
years to come now that the
ice has been broken.
Proof that the newer races
prevail throughout the Bay
State is contained in a list
of mayors made available
to the public at the office of
Secretary of State Edward
j. Cronin.
The list of mayors con-
tains two ShaughnessyS, a
Leila Russo, a Della .Chiesa,
a Calvi, a Crock, a GadboiS,
an O'Brien, an ODonnell, an
O'Toole, a Pompeo, a Buck
ley, a Fredette, a Cormier, a
Cahillane (born in Ireland) ,
a Crowley, Brennan and a
score Of others. In earlier
years most Bay State mayors
were of Yankee stock" In
later years most were of
"IriSh-American" lineage. To-
day there are a great many
Italian-Americans as well
as representatives of the
other so-called newer rae
eS."
The guardian., 1956-08-04

old Brown Bomber has a car
diac confusion, damage to the
layers of the heart.
Louis had been ordered
withheld from wrestling cards
by Commissioner Lou Radzien-
20 before he was examined by
the physician.
DR.. Slott says If after six
months, Louis still wants to
wreStle, there will be another
re-examination for revaluation
regarding further disposition.
The guardian., 1956-08-04

For the first time in the
history of Bay State poll
tics neither the Democratic
nor the Republican parties
will offer as probable guber-
Material candidates a menl-
Der of the "IriSh-American"
or yankee races"
The COP candidate for
governor will be Sumner G.
Whittier of Everett whose
parents are of Nova Scotian
stock. He cannot be con-
sidered a "blue-blood Yam
kee" of the stock of Lever
EFT SaltonStall, Christian
Herter, Sinclair Weeks or
Robert Fiske Bradford.
The Democratic candidate
will probably be Foster Fur
colo of Springfield and
Longmeadow who is of It.
alian-American lineage. He
will encounter primary OPP
position but is expected to
prevail easily in the Septem-
ber primary.
Thus if Furcolo opposes
Whittier in November both
the Irish" and the Yankees"
will have to settle for second
place. This will be a new
The guardian., 1956-08-04
Summer Band Concert

The Recreation Department
announces that the fifth in
the series of sumner band
concerts, which are being
held by the Recreation De-
partment, will take place on
Thursday evening, August 2,
at T.F. Corcoran Playground,
from 7::30 to 9:15 PM.
The guardian., 1956-08-04
Rites Held For
Ruth Mcdaniel

Mrs. Ruth L. N. Mcdaniel, of
As North avenue, Revere, wife
of Thomas Mcdaniel, died
early in the morning of Tues
day, July %.
Funeral services were con-
Quoted at the Greene Funeral
Home the following Friday,
July q. The remains were
taken to the Airport for ship
ment to her native home, We'll
lington, st. Georges Bermuda.