davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-13

l-->------->->~~-~--~--
will leave her in a financial jam
for some time to come.
The troubles can be summed
up this way:
First, Franch is plunging head
long into a balance-of-pay
crisis. She cannot export enough
to pay for oil she is forced to
import. Early this spring she
will have to stop much neces-
sary importing or find some new
sources of dollars and pounds.
Second, the oil shortage is re-
ducing tax revenues just when
France needs money most to
pay for Suez and the continuing
Algerian war.
Third. another bout of infla-
ton threatens to knock out ell
the past gains France has made
in the fight against rising prices.
Fourth, the French economy,
beginning at long last to ex-
pand nicely, faces a period Of
contraction which will wipe out
recent gains and break the up
ward momentum.
None Of these crises have &C.
tually arrived. That explains the
surface tranquility in France.
In fact. one can point to a few
quite cheerful facts about the
present French economy:
Despite the blockage Of the
Suez Canal and Middle East Oil
pipelines. this highly Industrial,
oil-dependent nation has suf-
fered almost no industrial dislo-
cations. Some filling station
owners are suffering. Some
garages have laid off workers.
One auto manufacturer has had
to cut back production.
But the other auto makers re-
port no problems on sales or
prod lotion land the automobile
industry here, as n the United
States. is basic to the economy i.
The government is seeing to it
industry gets the available Gil,
at the expense of the individual
car driver and nome heater.
Even truck ira lsportaiion is
in good shape. helped by rail-
roads which have assumed a
small extra burden-at the cost
of o lie passenger revenue.
The government believes it
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-13
james Murphy, 70,
Served in Two Wurs

James j. Murphy. 10, retired
Army sergeant, died Friday at
his home after rs years in Wash
ington.
Mr.. Murphy served overseas in
France in World War and was
a supply sergeant in Europe dur
ing World War II. He lived at
GIT D street NV.
Born in San Francisco, Mr.,
Murphy is survived by a sister,
who lives there.
An Arlington burial is planned
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-13

Hardwick Thornley, told a news
conference. he has felt the elec-
torate should have a new oppor-
tunity to express itself.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-13
CRISIS FOR FRANCE
No Easy Answer Seen
For Economic Ills
BY RICHARD FRYKLUND
Ea@wAaAoAA@nk -

PARASITIC Champs Elysees still has its traffic jams almost
all French industry is operating normal capacity there
little public gmbling about fuel raoning; the French
Premier likely to set record for time the job
But France is in serious trouble.
The aftermath Of Suez has left her with economic
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-13

on the surface but which, even
II the canal is quickly reopened.
This article, the lost Of three on the
economic situotion in Fronce. wos
prepared before Mr.. FykIund's de-
porture for London to cover the
eobinet shokeup
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-13

Col Walter Owen Rawls USA short tour Of duty there
retire6 former Army Lason manded mine company at
Officer the United States Sem Jackson Barracks New Orleans
died at Walter Reed Hos HI also served in Hawaii and the
nj ilinx..a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26
CHICAGO GRAIN

CHICAGO. May rs uR.-Wheat fu-
lures traders who have been trying to
get a bull market under way for some
time had to postpone II again as prices
took . heavy beating on the Board Of
Wheat fell around 8 cents in the last
two trading days and reached new sea-
sonal lows In the biggest one-week de-
cline In about two months Rye also
was OF substantially for the week. but
oats. corn and soybeans held their
ground fairly we'll
Old -stvle wheat closed Friday ga to
Ss cents lower than q week ago Friday.
lower; corn UNCHANGED to Ia higher;
oats, y higher to ga lower: rye. So
lower to va higher: soybeans, lower
to ga highef. and lard Ia TO 40 cents
Q hundred pounds lower
Oyrations on Tuesday. the FINAL trad
ing dav In May contracts. caused the
extrmee advance In soybeans and rye
and the 2h-eent price dip In oats.
Shorts had to bid soybeans up quite
sharply to complete their commitments
because Of limited offerings.
Heavy sales OF Government wheat 10
exporters caused the substantial decline
in wheat futures Exporters are under
stood 70 have purchased the wheat with
certifcates which they had earned for
previous exports. The Government pays
In wheat instead Of cash.
Range Of prices for the week:
ut.A N1s-oA NG~~ I :
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26
NEW, YORK COTTON

NEW YORK. May IS Gn.-The cot.
ton futures market moved into new
ground this week on surse Of active
On the New York Cotton Exchange.
net gains ranging from Si.0s 70 SO 20
all Of which made new life-of-eontract
Buying was ENCOURAGED By . eombI-
.riul vas 2 grcTins belief amcng trade DER,
minimum mimi UNI V q 81 Is cents : bound for
middllns one-ineh staple ct averags
who did not share this view;
ment we're reports Of bad weather IL
the cotton belt. and increasing doubt
that Consress would pass new price
support Oscillation In time to AFFECT
signs S0 Of imp Improvement in the goods
market spurred huying at the start
of the week but activity In Worth street
subsequently turned quiet.
rate Ehi rS s S:rss 3 S s &c:
AGAINST an avsrase decline for that
period Of only per cent durins the
The Commodity credi. Corp. reported
early this week that Il sold l4O. 900
bales Of upland cotton for export against
bids opened May II. That compared
with 722.0o0 bales sold by the .ccc
I've I've weeks ,c,s before. and 100000 bales
The New York Cotton Exchange serv-
week ended Tuesday 81 $4,000 bales
"a od $4,000 y g. The ass. Dreyipu. week ana
bfinss the total for the season throuah
MAY 81 10 an estimated 0.724 900 bales
against l,7b2,OOO year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26
BUSINESS
BRIEFS
Bituminous Production In the

BituminOus Production in the
week ended May el8 totaled
1855. 900 tons compared with
1855. 900 in the previous week
and 9.649.000 in the like week
10 year ago.-National Coal As
Isociation. :
Motor Vehicle Output last
week totaled l25,473 cars and
|23.754 trucks compared with
1877 800 and %, 1888 in the previous
week and lO8,126 and 2l,67o in
the like week q year ago.
Wards Automotive Reports.
General Motors Corp. Presi-
dent Harlow Curtice withdrew
"a prediction that 1857 auto
sales would be 10 per cent above
last year. He told stockholders
the industry will sell about the
same number Of cars and trucks
as in 1886.
American Cyanamid Co. broke
ground at Pensacola. Fla. for its
multimillion dollar plant to pro-
duce a new synthetic fiber called
GRESHAM.
Graham Newman & Co., New
York investment house, In q
surprise move. withdrew its offer
to buy SIS million Of convertible
debentures of Gruen Industries.
Inc.
international Harvester Co.
reported domestic truck sales in
April totaled $50 million. highest
for the month on record.
Philco Corp. directors deferred
action on a common stock divi-
dend for the second time this
spring.
Montgomery Ward a Co. in 3
months ended March 81 earned
S4,l74,000 or 20 cents . share
vs.. $5.O55. 900 or 50 cents In 1856
period.
Interstate Dept. Stores In IL
months ended April 30 earned
Sl,l7l,ll8 or $3.72 a share VS..
81. 371.62l or SAL in 1856.
Grammar Aircraft In 3
months ended March 81 earned
$500. 240 or IL cents q share vs..
81, 76o.213 or 80 cents in 1856
period.
King Seeley Corp. in . months
ended April 80 earned $635.74s
or $l.79 a share VS.. $l.3sl.l45 OF
$2.96 in 1856 period.
Whiting Corr. In year ended
April 30 earned $S29.lsl or $3.50
q share VS.. $473.659 or $l.43 In
1856.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26
Stocks Decline
After Pushing
To New High
BY ED MORSE
Associated Press Financial Writer

AoooCA9tCO tACoo EAAohCAoA WAAtVA
NEW YORK. May 25-The
stock market receded slightly
this week in the area Of its new
1857 highs. 1t was the first week.
~ retreat In Is weeks.
The Associated Press average
Of go stocks dipped 40 cents to
$l84.50. This left it still within
the zone of the string of new
highs for the year established in
the last two weeks but so cents
below the latest high. established
on Monday.
The Monday session was ac-
companied by the phenomenon
Of q late ticker tape which fell
behind the pace of buying orders
early in the day. AS on two &C.
casions in the previous week this
was regarded by some market
technicians as a symptom of
climactic buying in the three
months rise. On Monday prices
did nudge ahead to a new 81
high but this proved to be The
crest of the prolonged advance,
at least for the time being.
An additional symptom of the
renewed interest in the market
was the fact that a seat on the
New. York Stock Exchange was
sold this week for 500, 900. the
highest price Of 1887.
The I'VE most active issues this
week on the New York Stock Ex-
change were: Getty Oil, up 71a
at SO on 1875. 300 shares: Standard
Oil New Jersey. up ga at 637s /:
Bethlehem Steel. of y at 467s ;
General Motors. OF "a at AN:
and Central Foundry. up 70 at IL
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26
YOUR
MONEYS WORTH
~ SYLVIA PORTER

families are eager to buy a house
in this range? Why Is 1t concen.
trating on the more-house-for-
more-money theme when this
obviously limits the market to
those who have more-money-
for more house?
Tight Money One Reason
OF course. one reason is tight
money"-the difficulty Of getting
a mortgage for a lower-priced
house and the climbing costs Of
mortgages.
But that's not the sole reason
and the builders know 1t.
The reasons are:
The soaring cost of land since
1850. The rising costs of material
and manpower. The outrageously
outmoded building codes fostered
by communities which resist in
every way they can an invasion
OF lower-cost houses. The archaic
practices Of 80 many In the in
dustry itself.
"Upgrading" Of housing is fine.
elimination Of the mass market
for housing Is deplorable. In the
Governments cold statistics lies
an indictment Of all In and con-
nected with this great industry.
tcopyright. 1857. Han Syndicate. Incl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26
Builders Slam Door

The American builder has
practically slammed the door on
the lower-middle income housing
market.
This Is the area where the
mass demand for housing always
has been. where it Is and where
II always will be. This Is the
market from which builders
made their spectacular mass
profits in the first postwar de-
cade and from which they could
be making spectacular mass prof.
its today.
The elimination Of this huge
income group. therefore. explains
why the number of huoses being
built so far In 1857 Is at an eight
year low and many volume lead
ers are screaming for more Gov
eminent help.
Survey Il Cited
The Commerce and Labor De-
partments have released q sur
vey on the price Of the average
one family house built In 1856
What was true last year Is even
more true today. Specifically:
There has been q collapse In
the building Of houses to sell
under $4,000.
Last year. only z per cent Of
the 100000 privately financed
new houses we're built to sell
under $1,000. against IL per cent
In this range in 1884: only 10
per cent were built to sell between
$1,000 and $4,000. down from
IS per cent In 1854: only IL per
cent were built TO sell from &c.
900 to $4,000. against 10 per
cent three years ago.
simultaneously, there has been
10 tremendous rise In the mr.
|centage Of houses built to sell
from $4,000 to $2o.O 900 and up
The number Of new homes
costing more than $40. 900
jumped from 10 per cent Of all
residential construction In 1854
1855 to 10 per cent last year.
In the SIS, 600 so. 900 range, the
percentage was rs per cent last
year. UP full 10 per cent In the
short period.
Average price Of q new one
family house In 1856 was Sl4,5OO
and the average Is close to or
perhaps above $4,000 by now.
In many areas. even this price
means only q stripped down
house.
Why Is the industry shutting
the door on its own prosperity?
Why is 1t building only a pic.
ayune few hundred thousand
homes In the $7,000-sl2, 900 class
at q time when 1t Is authorita-
lively estimated over five million
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26
Focts and Figures
Just Off Press,
Under New Editor

The 3lst edition of Facts and
Figures on Washington Securi-
ties arrived from the printer this
week end with many new fea-
lures and additional informa-
ton.
Distributed by the Washing
ton office of Alex. Brown 81
Sons, the statistical booklet has
been a standard reference in the
financial district for many years.
With an attractive red cover,
the 3lst edition was compiled
by John A. Washington. who sue
ceeded the late Myles H. Quail.
editor from 1926 to his death in
January.
The booklet was founded by
Y. E Booker with Mr.. Quail's
assistance when they were part
ners in Y. E. Booker & Co..
which later became the Wash
ington office of Alex. Brown g.
Sons.
An outstanding feature of the
new issue Is the tabular matter
on earnings. assets, share prices
and other items for q five-yeaf
period. A special convenience is
inclusion Of price ranges and
dividends in the index of COM
'panies covered by the booklet.
The statistics cover 10 banks
and trust companies, and around
IS other Washington firms.
Mr.. Washington. the booklets
new editor. has been with Alex.
Brown d Sons two years and
before coming to Washington
gained experience in securities
analysis in New York.
A native of Clarksburg, w. Va,
Mr.. Washington Is a graduate
of Hotchkiss School in Connec-
ticut and Harvard College.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26
ME
EARNING
$15,O0O!
BY a Wall Street Journal
Subscriber

/ remember when l was earning
500 a week. / felt good about it.
! dreamed that someday might
earn $4,000 a year. But it seemed
remote.
Then came the flood Of rising
prices and rising taxes. l had to do
something to keep my head above
water. One thing I did was to sub
scribe to The Wall Street Journal.
It was life preserver! 1t told me
things to do to win advancement.
to protect my interests and to in
crease my income. Last year | hit
a new high. Just the other day l
said to my wife, "Imagine me earn
ing $4,000"
That is the wonderful thing
about The Wall Street Journal. A
few minutes daily reading of that
amazing newspaper has put thou.
sands of men on the road to in
creased earnings. The Journal
helps salaried men making $1,000
to $40, 900 a year. 1t is valuable "a.
small business men. II can be Of
priceless benefit to ambitious young
men who want to win advancement.
The Wall Street Journal is the
complete business DAILY. Has
largest staff of writers on business
and finance. The only business
paper served by all four big press
associations. It costs 500 a year,
but you canpge q Trial Subscrip-
ton for three months for Sc. Just
tear out this I'D and attach check
for Sc and mail. Or tell us to bill
you. Address: The Wall Street
Journal, a. Broad St., New York
4, NY. ws a,s
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26

Rates Of DIVIDENDS IN the foregoins
table are annual disbursements based on
the last quarterly or semi-Annual decla.
ration Unless otherwise noted, special
Of. extrs dividends are not included
plus stock dividend Declared Or laid
In 1851. plus stock dividend. Paid last
y.aT Ps .u.S ,i n stock dg.i3S lgT
sl ~. ss Ss i;aTaf0 o. p pslS
ydsnSd' omitted m DEFERRED S', U s no aeon ssss
i sisd D as f1''fs 1885 V ssoe. d Hi
dend Payable IN stock during 1868
dSS ssS d Ssn' Fl saSES:nS S, e.
snS .,s slS Sssd 4 e r Syc'ns n
Va When distTISutsd' Vi When iasusd. nd
Next day delivery, I'm bankruptcy or
re ssnp e 0's e .caT sns:
sumed By such companies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26

tUnit Of trading 10 shares or seles fun Rates
Of dividend. In the ioregoine table are annual dis;
dselsration Unless otherwise NOTED special extrs
Annual rate plus stOsk DIVIDEND Declared or paid
1922 PLUS . STICK GviHsnd pnid sst gear Pay
dvidsnd o. sI-di;srigutop date p.elsrei paid
so Tar this year Declared Or paid after stock div
dsnd OF split;up Z Dtelsree q paid this year az
s year DIVIDEND omt.S defer.c 10 or no Action sfen
e last dividend meeting Declared or paid In 1855
s.iimsted sash value on sEdisirIbution
dend x-dis n distributon IT Ex riEhts Nv with
out warrants, Wv With warrants vd When dis
hankruptey reeevsFship being reorgansed under
the Bankruptcy Act or securities assumed By such
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26

Continued From Page C-S

1857 stock and Sales Net
High Low div rate Add 90 High Low Close chg
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-26
TOBACCO SALES

UPPER MARLBORO. Nd. MAY rs GP,
tU9DA.-More tobacco was sold this
week on the Southern Maryland auction
markets than during any week In the last
three years.
Losses outnumbered gains In average
prices By Grades compared with the pre-
giOns week, Quality was 4 little lower,
orcEer: placed i2;2 Per cent Of .he
baeeo Cooperative under the Govern
ment-loan program. Season receipts by
TIE Cooperative stand at l2.6 Der cent
v The tederal-s.ate Marie, News serv.
Ice reports sales for the week ending May
"a totaled 3,639.072 pounds and aver
ased $50.el q hundred. so cents below
last week. eales for the season amounted
TO 1902 $50 pounds. averaging ISL IL
compared with s-si3,l4o. averasins
Net receipts Of the. Baltimore hosshead
market for the season were reported As
around 1,l70.g00 pounds. This. combined
with net auction sales. totals around
Auction bid averages per hundred
pounds on limited number OF represent
ative United States grades were Is fol-
lows:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-11-03
WorkdayPin-Up

CHE PALS around with movie stars even Lassie. and
- knows all the leading cartoonists of the country but
June McCubbin e. todays PinUp is sold on her job as
secretary to Jacob Mogeever promotion manager Of the
United States Savings Bond Division Treasury Department
June a citation for her work in connection with
Freedom Fair held October 1885, at Arlington and the
nice thing about it that she spent days touring with
people like Tyrone Power, Judy Holiday, Abbott and
Costello and Charles Van Doren One week she had Lasse
tow At home 1882 Second street SCI she has two
large framed drawings which contain the chief characters
cartoonistS draw. They gave her the drawings.
She is native of the District, married to insurance
broker William p. McCubbn, goes to college nights and
deep fishing those too nfrequent vacation trips
QUENTIN n
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-11-03
Answer to
Who Is This?

he youngster on Poge 4
and the mon at the left
ore the some. He is Coesor
[. Aiello. president Of the
Health and Welfare Coun-
Gil Of the NotionoI Copi-
tol oreo.
Harris e. Ewing Photo
Milford chronicle., 1957-05-03

Mr.. and Mrs. w. w. Shaw and
Mr.. and Mrs. Arnold Gilstad spent
last weekend in Gettysburg, Pa.
Mrs. Harvey Winkler of Viii
mington was the guest for a few
days last week of her sister, Mrs.
Frank O'Neal.
Robert Quillen spent last Sun
day with relatives in Ocean View.
Mrs. Peggy Maiek entertained
the Faculty Bridge Club at her
home on Monday evening.
Mr.. and Mrs. Thomas Peck and
daughter Cahdace were the guests
on Sunday of Mr.. and Mrs. John
Taylor of Castle Hills.
The Merry Makers Home Dem
onstration Club has a display of
club activities in the Cahall's Gas
Service Company window this
week.
Mr.. and Mrs. Fred Martin and
children spent last weekend with
relatives in New York State
Mr.. and Mrs. Charles Peck, Jr.,
and Mr.. and Mrs George X. Vapaa
VI DONGI dLLGuuCu LllG 4 Ou1LA y
Booster Day banquet held in the
Wicomico High School in Sails
bury, Md, on Monday evening of
last week.
Mrs ]. Leonard Horleman and
Miss Loretta Paskey will entertain
a group of friends at luncheon and
bridge at the Dinner Bell Inn in
Dover on Saturday afternoon.
Mr.. and Mrs. Hayward Quillen
spent last weekend with friends
in Salisbury, Md
The Loyal Workers Bible Glass
of Trinity Church held a supper
in the church annex on Wednesday
evening.
MIR. and Mrs. George Toppin
spent a few days last week in Re
hOboth.
Mrs. Oscar Wix has returned
home after a three weeks visit with
her son-in-law and daughter. Mr.
and Mrs. Bernard DuRoss of Clay
mont
Mrs. Anna Rieff of Wilmington
is the guest of her sister, Mrs.
Howard Emory.
Mr.. and Mrs. Fred S. Bailey we're
the guests on Sunday of Mr.. Bail
ey's hTother-in-law and sister, Mr..
and Mrs. Herman Roach of George
town.
Milford chronicle., 1957-05-03

PRECIOUS GIFT TO U. s.-The
Mayfiower III, the precious gift Of
the British people to the people
of the United States, will sail this
week for the u. S. The ship is a
duplicate of the original Mayfower,
and like it's predecessor is made
entirely Of wood.
Modern COnYeniences
To comply with present marine
regulations, a radio will be in
stalled and an up-to-date gener-
ator will supply lights to help with
navigation. But this is all; the
ship will have to sail under it's
own power. Primative navigational
instruments, as used at the time
the original Mayfiower sailed, will
be used.
Only Males Aboard
While the original Mayfower
transported approximately 100 peo-
pie, including many women and
children, the new version will
have an all male crew of about 30.
To follow closely the original event
Milford chronicle., 1957-05-03
HARRINGTON
BY Mrs. Jack Pitliek
Phone: Harrington SS49

Mr.. and Mrs Francis Derrick
son and daughter Elizabeth of
Ocean View were the dinner
guests Of Mr.. and Mrs. r. Harry
CULLEN on Saturday.
Mrs. Howard Wagner entertain
ed the members of her card club
at her home on Monday evening.
Mrs. Thomas Allen of Townsend
was the guest on Friday of her
aunt, Mrs. Florence Won CORES.
Mr.. and Mrs. T. Jackson WarfieId
of Wilmington and Mrs. j. Rey-
nolds Wilson of Smyrna were the
guests last weekend of Mr.. and
Mrs. Theodore Harrington.
Mrs. F. Brown Smith Will enter
tain a group of friends at lunch
con and bridge at her home on
Thursday afternoon.
Miss Catherine Downing and N.
b. Downing Of Milford were Sat
urday evening dinner guests of
Mr.. and Mrs. F. c. Downing.
Mr.. and Mrs. Charles O'Neal OF
Wilmington were the guests last
weekend Of Mrs. Frank O'Neal.
Mr.. and Mrs. Dale FetrOw OF
Carlisle, Pa, and Mr.. and Mrs. T.
B. Holloway were the guests last
weekend Of Mr.. and Mrs. Richard
Case of Ocean City, Md.
Mr.. and Mrs. J. Leonard HOrle-
man attended a. barbecue supper
given at the home of Mr.. and Mrs.
James b. Messick of Dover on Sat
urday evening.
The Explorers of Troop No 76
of the local scout unit spent last
weekend on a camping trip in
West Virginia.