davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-04-15

VI oUV,VOO SHARES OF a new claSs
of serial preferred stock ha.
permitted the company to pay
of all bank loans and retire
225.000 of $50 per cent preferred
shares, he pointed out.
PEPCO now is in a position to
acquire necessary capital easily
and in the most economical way
Mr.. Dunn said.
No more financing will be
needed this year, but the CON-
pany plans an Offering of addi-
tional common stock through the
issuance of subscription rights to
present stockholders in 1858, he
declared.
A stakeholder asked Mr.. Dunn
why the company elected to pay
of the old $50 per cent pre-
ferred stock from funds raised
from debentures costing the
company around $50 per cent
per annum.
Mr.. Dunn said the company
needed the right to issue addi-
tional preferred stock and it de-
termined by .>'ks with some of
the preferred holders that the
necessary two-thirds of the pre-
ferred stock would not be voted
for additional shares. The
company decided retirement of
the shares would be necessary,
despite the additional cost, he
declared.
Capacity to Be Boosted
To l Million KiIOwatts
New construction of the COM
pany is going forward steadily,
Mr.. Dunn reported. The fifth
unit of the Potomac River Sta
ton is to be completed in May
and will boost the company's
generating capacity to a new
peak of more than / million kilo-
watts. he said.
While the company is taking
part in development of atomic
power for generation of cleo
tricity, President Dunn expressed
doubt that PEPCO will find any
early use for such an applica-
ton.
Construction costs for atomic
power run two to three times the
costs of other types of plants,
he said. If and when atomic
power becomes feasible, it will
be used in an entirely new plant.
he predicted. Old plants prob
ably would not be converted.
Alfred G. Neal. board chair
man. presided at the meeting
and announced that 4.690.53s
common shares out of a total OF
5.910,135 outstanding were rep
resented at the meeting either in
person or by proxy. Attendance
was around las, about the same
as last year.
Reelected directors were
George Bisset. Lee D. Butler
James E. Colliflower, Albert L.
Cox. r. Roy Dunn, Robert v
Fleming. George E. Hamilton
Jr., William H Lipscomb. Alfred
@. Neal. Harry L. Rust. Jr.
Philip NJ. Talbot, Wilmer j
Weller
All officers. headed by Mr..
Neal and Mr.. Dunn, were re-
elected at the organizational
board meeting following the
stockholders session.
Peabody Coal Official
To Address Analysts
o Gressens, chairman of the
finance committee of Peabody
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-04-15
'' 3 BUSINESS
PEPCO's 1858 Finoncino
To Include Stock Riqhts
BY DONALD B. HADLEY

Recent financing of Potomac Electric placed
the company in highly favorable position
and the contemplating offering additional
stock 1853 President Roy stockholders
at the annual meeting today
Recent sale OF $50 million debentures marketing
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-04-15
Excerpts from the 1856 annual REPORT

The year 1856 was another year of growth and
progress for your Company. The growing demands
for electric and gas service in Northern and Central
California were met promptly and in full. with ade-
quate margins OF reserve capacity.
Our large construction program, which will increase
requirements for new money, makes it imperative
that earnings be kept at satisfactory levels in
order to maintain our competitive position in the
capital markets. Adequate earnings provide the best
assurance that can obtain capital at reasonable
cost. The recent increase in the cost Of borrowed
funds is Of great significance to utility companies
II this situation continues the regulatory bodies
must face the situation with realism and adjust up
ward the rates Of return that customary have been
allowed utility companies in recent years, which
rates Of return were based largely upon money con-
dions which prevailed during and for considerable
period after World War H.
Long.range planning Of the highest competency is
essential to the successful conduct Of utility bust
Commitments for facilities and equipment must
be made years in advance Of the time they can be
brought into actual operation. Our confidence in the
continued growth Of this area was rearmed recently
when we ordered two $4,000 kiowatt steam units
for installation at our Pittsburg Power Plant in 1860
and 1861 These units about twice the size Of the
largest steam units we now have in operation The
new Pittsburg units will bring capacity now under
construction scheduled for completion during the
next five years to l.495,500 kilowatts, Of which
6255O0 kilowatts will be in hydro plants and $4,000
kowatts in steam plants.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-04-15

Coal Co. of Chicago, will address
the Washington Society of In
vestment Analysts at the next
dinner meeting at Burlington
Hotel on Wednesday, April "a.
This was announced today by
Amerst E. Huson of the Securi-
ties and Exchange Commission,
president of the society. The
speaker is prominent in the coal
industry and is a director of the
National Coal Association.
NRDGA Alerts Members
On Mail Curtailment
The National Retail Dry Goods
Association is alerting more
than 800 member stores
throughout the United States to
the severe handicaps they will
face if the threat to discontinue
delivery of third-class mail is
carried out.
Postmaster General Summer
field has ordered all post Offices
to discontinue this service on
April 90 unless certain funds are
restored to his budget by Con-
greSS.
Although this order may be
rescinded prior to April 90 If
post Office funds are restored,
every merchant owes it to him.
self to watch this situation
closely and take appropriate &C
tion," j. Gordon Dakins, NRGA
executive vice president, eau
toned in his letter to association
members.
Mr.. Dakins urged merchants
to protest vigorously to their leg
islative representatives and to
the Postmaster General against
This unfair and discriminatory
order which would weigh so
heavily on the retail industry"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-04-15

Peabody Coal Official
To Address Analysts
o Gressens, chairman Of the
finance committee of Peabody
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-04-15

Our activities In the field Of nuclear electric power
were expanded during the year. Unfortunately, some
are urging that government build and operate CON-
mercial nuclear power facilities. Large sums are now
being spent for nucear research and development BY
investor owned utility companies, including our own,
as well as by industrial firms and there is no need for
government agencies to enter the field Of nucIear
power production for commercial purposes.
Taxes charged against income absorbed $3.50 OF our
gross operating revenues This is one measure Of the
subsidy now given government owned utilities which
pay little or taxes in the conduct of their opera
tons. Rate comparisons between investor-owned and
government-owned utilities have little meaning I'M
less this subsidy and others are taken into account
Stock Ownership: The Company enjoys the distinc-
ton Of being OF the most widely owned corpora
lions in the United States ranking seventh according
to the most recent information available
The gain in stockholders during 1856, the seven.
teenh consecutive year in which we have experienced
gain in the number Of those participating in our
ownership, is Indicative Of nationwide trend toward
a wider ownership Of American business According
to the most recent Census Of Shareowners conducted
by the New York Stock Exchange. it is estimated
that one out Of every twelve adults in the United
States is now stakeholder in pubcly-heId corpora.
tons This is an entirely voluntary participation and
is reflection Of their faith in our free institutions
and economic system, which have provided us with
the worlds highest standard Of living.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-02
Mr.. Smith
Is Host at
Annual Fete

Mr.. French Crawford Smith
entertained at his seventh an
nual New Years Day egg nog
party yesterday in his home
in University Park. Md.
He was assisted by his par
ents, Mr.. and Mrs. F. c. Smith;
a cousin, Mrs. L. Clyde Smith,
and Mrs. Allan Chaimas.
Among those expected to
drop by during the afternoon
and evening were novelist
James M. Cain and Mrs. Cain,
Mr.. Scott Kirkpatrick, Mr.. and
Mrs. Charles Alfred Stuart
Robertson, violinist Nathan
Lerner. Mr.. George Gaul, Mr..
Arthur Bechhoefer, Mr.. and
Mrs. LaMonte F. Davis, Mr..
and Mrs. Donald Jules Addor,
Mr.. Nicholas Pappas, Mr.. and
Mrs. Philip H. Love. Mrs. Vir-
GINA Rollwage Collier, DR..
Richard Randall and Mr.. and
Mrs. Hugh Bradshaw.
Also invited were DR.. and
Mrs. David Stanford Clayman,
Mr.. Julian H. Singman, Mr..
and Mrs. Del Cas-. Capt. and
Mrs. o. D. Finnigan, jr.. Capt.
and Mrs. H. X. Nauman, Mr..
and Mrs. G. Vern Blasdell,
DR.. and Mrs. Russell Brown,
the Rev. and Mrs. Edgar Wells
Beckett, Mrs. Forrest Blunt,
DR.. and Mrs. Kenneth Warner,
Mr.. Hartley @. Fleming, Mr..
Walter Wingo, DR.. and Mrs.
Norman Phillips and Mr.. John
Henry Merri''cc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-02
WEDNESDAY, JANUARY 2, 1857 80 :
EXCLUSIVELY YOURS
CliffOrds Hosts
AT Annual PQrty

Justice Stanley Reed viewed
the proceedings from the floor.
So did Swedish Ambassador
and Mime. Bohemian. This in
formal TODD is probably the
only party of the year when
these high-ranking people can
sit on the floor without rails
ing any eyebrows.
When the host stood before
the piano to introduce the en-
tertainment, he also found
himself looking down into the
faces of Ambassador to Cuba
and Mrs. Arthur Gardner, Ad-
miral and Mrs. Neill Phillips.
Barney Cotton, Jim and Betty
Barnes, Mrs. A. Mitchell
Palmer in a huge white feather
hat, Jimmy and Patsy Gibson,
the Alec Hagners, Clayton
Fritchey, Martin and Betty
Hayden, the Justin Bower
socks, the Reber Littlehales,
Jack and Kitty Newbold, the
Crosby Boyds. Martha and Buss
Fleming, and dozens more.
Hoover House Sold
Edith and Gully Darlington
were also there and said they
have bought the Tracy place
house of retiring Undersecre-
tary of State and Mrs. Herbert
Hoover, jr. They will move
in sometime in February. !.
The young Art Gardeners said
they have also found a house
in town at last. They just
purchased the Glenbrook road
abode of former Assistant
Secretary of State Edward G..
Miller. jr.
Clark Clifford started his
1857 greeting with a few re-
marks about 1856. In 1856
the most important thing was
the election. 1t was an inter-
esting election in many re-
Spects," said the well-known
Democrat and former Truman
counsel.
MI. Stevenson attempted to
convince the voters that Ike
was for the rich and he was
for the poor. This is very
difficult to do when you are
from Princeton with a Harvard
accent.
You have to give Mr.. Ste
venson credit, however. He
tried every available means of
travel to ride into the White
House--plane. train, automo-
bile and in the last week he
tried the Suez Canal. But the
voters liked Ike. They seemed.
to like the fact that he refused
TO interfere in the affairs of
Continued on Page BIS. Col.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-02
BY FRANCES LIDE

Grandfather Frost, looking
for all the world like Santa
Claus, visited the Soviet En-
bassy yesterday for a chill
dren's party, complete with
New Years tree and presents
for everybody.
About 140 youngsters, &C
companied by their parents.
were OH hand for the festiv-
tiles. including songs and
dances which additionally
mark Russia's mid-winter
holiday season, according to
embassy aides.
Nine. Zaroubin, wife of the
Soviet ambassador. was host
ess for the midday fete. but
the ambassador also put in
an early appearance and
gravely chatted with some of
his young guests who were
early arrivals.
All of the children of Soviet
Embassy officials were invited.
In addition. we were told, the
guests included the children of
embassy officials from the
peoples democracies."
Accepting an invitation to
accompany a photographer
from The Star, we spent two
hours at the party which,
except for the difference in
languages, could easily have
been mistaken for a Christmas
party for a comparable group
of American youngsters.
One ''Davy Crockett"
The children, ranging from
babies up to their teens, we're
in their holiday best-many of
the girls wearing hair ribbons
with their party dresses. Some
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-02
BY BETTY BEALE

Judging from the start, it's
going to be a happy year.
According to the grapevine,
the new year has something
special in store for Henry
Cabot Lodge. A rumor from
the State Department says his
name is being mentioned
again and again as the next
American Am b sador to
France. If the Ambassador to
the United Nations succeeds
Douglas Dillon at the Paris
post, it will be brotherly hands
across the Pyrenees because
John Davis Lodge is Ambassa-
dor to Madrid.
AS usual, the new year got
such send-off at the Clark
Cliffords' home New Years
night, the prospects for 1857
couldn't be anything but rosy.
From 6 o'clock on cars were
pulling into the driveway of
their Rockville pike residence
for one of the most unusual
annual parties held. The pat
tern is always the same.
Between two and three hun
dred guests cheerily wish each
other Happy New Year, visit
the cocktail bar, then the sea-
food bar where oysters and
clans are shucked before their
eyes, and finally they visit the
buffet where supper is an
nually served to at least 200.
After that they find a spot
on the living room floor big
enough to sit on. and proceed
to await what they know will
be good entertainment. They
always get it. Always a Cliff
ford family production, last
nights was probably the best
show to date.
johnson. Rayburn Attend
But first a word about the
audience. Seated on chairs
set side by. side for the two
leaders of Congress were
Speaker Sam Rayburn and
Senator Lyndon johnson. The
latter's wife, Bird" Johnson,
in bright red dress. sat on
the floor in front of her huS-
band.
Senator and Mrs. John
Sherman Cooper were there,
and Senator and Mrs. Clinton
Anderson, Senator and Mrs.
Bill Fulbright and Senator and
Mrs. Mike Monroney accom-
panied by their house guest,
Mrs. G. Huckins Morris of
Houston. Tex.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-02

at least one "Davy Crockett"
in the group.
The setting was the second
floor Embassy ballroom where
a huge fir tree was the center
for all eyes. Almost reaching
the ceiling, it was filled with
ornaments - tiny figures of
winterland animals. bright
colored lights and garlands of
tinsel. The tree vas topped
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-02

with a bright red star, we
noticed.
The Soviet children had been
rehearsing for weeks for a
program of songs and dances
to usher in the holiday sea-
son which begins with the
new year. While they were
waiting for the entertainment
to start. little girls dressed as
Continued on Page BE-, Col. 4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-02
Grandfather Frost
Visits Soviet Children

of the boys wore neat white
blouses with their dark
trousers, while others favored
pull. on sweaters. There was
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22
4-HersMeei;
Elect Officers

The Pulaski County All eoun-
ell met IN the library of the
court house last week. The fol-
lowing officers were elected;
President Lonnie Smith. wrishIs-
VILE. vice president. Mae OTIS
Pinkett. Roland; secretary. Bar
bsra Dickson: reporter. Worthy
Sandera Scott. song leader Jewel
Rowe. wrishtsville. The newly
elected Officers were installed
and each duties explained By
Mrs. Artensie Humphrey. al
club leader Of wrightsville school
Discussions were held on ways
TO improve our local meetings.
Many suggestions were given by
officers and leaders. Plans were
made for the celebration Of ma
tional All club week. March %.
The leaders also pledged TO work
closer with the All program this
year. Ten leaders and 40 club
members attended this meeting.
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22
Thirty Students
Named 10 PSC
Honor Roll

Thirty students have been
named to the honor roll Of Phi
lander Smith college for the first
semester Of the ie56-57 achooi
year. To be eligible for the
honor roll freshmen must have
a quality point average Of At
least 20; sophomores. %; juniors.
a.: and seniors. rs or above.
Freshmen named are William
Alexander. N. Little Rock; De-
borah Banks. Mariana: Willie
hamilton. Hope: clemmie Harria
IT. Wayne. Ind: Frederick Har-
ris.. Baton Rouge. La; Gloria
Lamont. jamaica. b. w. l.; Juani-
IA Marsenburg. Little Rock;
Oracle Lee Osborne. sparkman:
Robert Robinson. Helena; joyce
Ann Tate. Memphis. Tenn. and
Ozie Marie williams. Hope.
sophomores are: Martha Cow
ser. West Helena: Betty Sue Ora
ham. Hope: Winston Holding. ia
maica. b. W. l.; Martha olden.
McNab: and Keith Young. jana
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22
Malvern
Bessie Lustsr


The elementary school observ-
ed Negro History Week with q
series Of programa On wednes-
day tho Progressive Women's
club was In. charge. Their guest
speaker was Mrs. Martha Neal.
who gave a splendid address on
Progress Of the Negro"
Friday. the children were In
charge. They presented a panel
Those participating were Mistress
Of ceremanies Joe Ann Davis
Introduction-Robert English
Theater-william Burks an d
Shirley Delemar
Music-Shirley Smith
Scienee-charles Newborn
Edueation-Seldon Newton
Sports-Albert Bixxle
INSTRUMENTATION Brooks
Poetry-Larry Burley
Soloia-Joe Edward Collins
The Negro In profession was
illustrated by: Charley Simpson
politics: MarvinGulley medicine:
Myrtle Davis law: John Nixon
business: and Theresa Lambert
education
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22

Visiting Mr.. and Mrs Dave
croal and mother are MIRA
croal's brother and sister Mrs.
LOWE Fielder Of Liberty. Miss.
and Nolen Bates Of Baton Rouge.
La. Mrs LOWE Warren Is still
. shut-in. Mrs. Autry Irving
and mother motored to Little
Rock. Patricia Hatehett and
Patsy Dillingham; celebrated their
birthday with q Joint birthday
party. their fifth and third. re-
spectively. They received many
useful gifts. 5. Mra Judy Phil
lips Il III. College students
home this weekend: Misses "a
tella Winston. Mary r. Hampton.
Georgia Hatchett. Betsy Thomp-
son. Ruel Jackson and Mrs.
corens Reynolds Shorter
college choir rendered . program
1t 81 Paul AMH church. SUM-
day mite.
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22

orsn HIghshsw
Homer MeEIroy Of Kansas City.
Allen McElroy Of st. Louis. Mrs
Hattie Underwood and Mrs Ara
Lee McElroy Of Seattle. were
here to attend the last rites OF
their mother and aunt Mrs. Thu
ME MeElroy. -. The following
persons are On the sick list: Rich
ard Hegwoed. Janice and Oliver
Goodwin. Charlie Blaekman. sa-
vana chitman has been transferr-
ed 70 University hospital In Little
Rock for further treatment for
burns; and Mrs. Ella Clark. sister
Of Mrs. Mary Jane and Mrs. Luz
Their Patton Give the news TO
your agent oren Hishshaw.
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22

Business College time s;3o2:s0 Shorthand, ypins
esskhsseirs and Filing Call Mrs johnson for further
information. FIR. 24t43.
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22
|0bsequies for
Lloyd {. Conner

Lloyd Christopher Conner died
al ms home. 1901 Cedar street
February IL following a brief
ilinezs He was the youngest
son Of Mrs. Oneida q. Conner.
ana the late David 4 Conner.
II. Conner was I product Of
the Little Rock public schools.
graduating from Dunbar HI
sehool In 1888 and from Dun
bar junior college in 1895. He
also attended Philander Smith
college. and was q member Of
Alien Temple AME church since
early childhood. He was former
" . railway postal clerk. receiv-
ing his appointment In 1887.
Prior to this time. no Negro had
been appointed In this field since
1917.
Besides his mother. other sur
vivors are two brothers. DR..
Theodus r. Conner. Warrington.
d. C. and Jewel n. Conner.
New York: one sister. Mrs.
Maude c. James. Chicago: and
grandmother. Mrs. josephine
watkins. Other relatives are four
auntz. Mrs.. Jesae whyte. Pine
Bluff, Mrs Cleo c. Banka II
Psso Texas: Mra Beatrice &C.
Bosboro. Marshall. Tex. and Mrs
Ruth Lacy. Chicago: three unclss.
c. J. Wstkins New York. DR..
Rosbora Conner. Austin. Tex. l.
n EonnAE
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22
NAACP Nouns
Passing Of
willard townsend

NEW YoRK-characterizlHg
him IS q great and devoted Ia
Dor leader and a staIwart cham
pion Of human rights.# the board
Of directors Of the NAAcP 1t its
regular monthly meeting passed
a resolution mourning the death
OF Willard 5. Townsend. Q vice
president Of the Association and
also Of the merged AFL-cIo.
Although trained for other
calIinss." the resolution asserted.
he threw In his lot with the
working man and devoted his
great energy TO organizing them
into an effective trade union to
secure for them personal dignity.
better wages and improved work.
ing conditions
Mr.. Townsend. founder of the
United Transport Service En-
ployes. died In Chicago earlier
this month
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22
N.A.A.c.P. Scorns
ComInies' Support

NV YORK-The National As
ISOLATION for the Advancement Of
colered People this week reject
ed "A offer Of support from the
Communist national convention
here
The Communist convention vot-
ed "a Feb. II to support the Ma
AcP In its efforts 10 end SOUTH
ern school segregation
On the same day Roy wilkins.
NAAcP executive secretary. issu-
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22

Final rites were held at Allen
Temple church. 18th and Oak
street Monday. Rev. C. w. Cone
officiating. Burial at Haven Of
Rest cemetery In charge of Du-
bison Undertakers In charge.
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22

ed . statement asserting that the
Association does not and never
has. sought the support Of the
Communist party"
I'VE reject their support and
do not need H." the statement
continued .As . matter q fact.
the Communist party does net
really want 10 do anything sbeut
the vital issue Of desegresation.
What the party seeks Is eonfu-
sion. not solution"
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22

A circuit court petit jury Sat-
urdsy convicted Leo solsberry. Of
z5oe High street. Of second-ds-
gree murder In the shooting Of
another man In al argument
over A ascent bet last August %.
solsberry waived an appeal and
waa sentenced Immediately by
Judge William J. Kirby 10 5
year, In the state prison ne
staff did not ask the death PEN
atty. The trial started Friday and
the verdict came Saturday morn
ing
solsberry 80 years old. was
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22

lea. b. w. L
Juniors are: Willie Lee Will
son Brooks LewisviIle; Mary
Miller Coffee. North Little Rock;
James Cone. Bearden: Samuel
Hamilton. Hope: Reginald Hamp-
ton. Newport: and Alfredo Mar
shall. North Little Rock.
Seniors are: Helen Lois colen.
Warren: Cecil Cone. Bearden;
Patsy Ruth Mays. Hot Springs:
Virginia Payton. Dermott; Pearl
Doreen Thomas. Jamaica. b. w.
l.: Blanche Williams. Tiliar; Doris
Jean Wilson. and Mary Beatrice
York. Little Rock.
Arkansas State press. [volume] (Little Rock, Ark.) 1941-1959, 1957-02-22

outss Chapel Alx church
sGrrtpd IL church building fund
~ osrnday By rsi1ins . total
a o1olTM Under fhs leader
-. q thetr pastor. Rsv. II. D.
nroskinS - church. b striving
I, huulld { ~ church somedme
4 - fuauA =. 1hs y. G. O.
- nun1nv el1sEnoea.