davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
Gee Is Blamed
ForDis|ocatiOns
In Grain Trade .

CHICAGO. Sept. 5 (R.-An
executive Of one Of the Nations
largest grain processing firms
said today that domination OF
the grain business" by the Com
modify Credit Corp. has re-
suited in dislocations in the
trade.
Richard o. Wesley. vice
president Of the Glidden Co.
Chicago. told the Board Of
Trades annual marketing SYM
postum:
Perhaps the greatest impact
OF the Commodity Credit Corp. s
domination Of the grain busi-
ness is the inevitable disloca-
tons which are inherent in any
patchwork Of man-made eco
Monies.
you have. for example. the
completely paradoxical situa-
ton Of corn selling at almost
identical prices in such widely
separated markets as Chicago
and Baltimore. without CCC
interference. corn is worth
about Is cents more per bushel
at Baltimore than in Chicago
but on today's market. they are
$l.32 and S1.31 respectively"
Mr.. Wesley said the cost TO
to Government Of transporting
corn TO Baltimore free of charge
amounts to q subsidy Of So
cents.
Mr.. Wesley said the cCC
on July either owned or had
under support q total Of $780,
900, 900 bushels Of corn.
This is two and q half times
the amount that annually
moves into commercial chan
nels." he added. The next
question is how long will 1t be
before they take over virtually
the entire free market.
Their prediction that next
years corn sales at the level
of 800 million bushels means
they will be handling more
than two-thirds Of the corn
merchandising business in this
country. How long can our
markets function properly UNI
der those conditions?"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
BUSINESS
BRIEFS
Bank CIearings in 26 leading

Bank Clearings in rs leading
cities in the week ended Sep
TENDER 4 totaled $1S, 202. 497. 900
compared with $40. 496. 1872. 900
in the previous week and $l6,-
1927, 9l7 900 in the like week q
year ago.-Dun a. Bradstreet.
Business Loans by member
banks in the week ended Au-
gust 20 totaled $3l, $50. 900 900,
down 1910 million from the
previous week. but up $3.50. :
100000 from the like week q
year ago.-Federal Reserve
Board.
Electric Power Production in
the week ended August 81 to-
tailed 12.147. 100000 kilowatt-
hours compared with 1908
900. 900 in the previous week
and was So above the like
week a year ago.-Edison Elec-
trio Institute.
Average Hourly Pay Of wage
earners in the steel industry
during July reached q record
$2.98. up from $3.50 in June
Amer. Iron q Steel Institute.
Kroger Co. announced sale OF
Is food stores in and near
Wichita. Kans.. to j. s. Dillon
q Sons Stores Co.
Neisner Bros, Inc. August
sales totaled $3.50. 7s4. up 1870
from 1886: for 8 months ST.
040.95l, up 3.6ec from 1856.
Hancock OIL Corp. in year
ended June 30 earned 81. $50. :
O51 or s1.o9 q share VS.. S7,079. :
848 or $l.95 in 1856.
Reliance EIec. & Eng. Co. In
9 months ended July 81 earned
$4.549.e90 or 1882 a share VS..
$3.445.8l3 or s2.66 in 1856
period.
CeIOtex Corp. in 9 months
ended July 81 earned $2.693. 431
or $2.s4 a share VS.. $4,565,56l or
$4.97 In 1856 period.
Door Oliver. Inc. in 6 months
ended June 80 earned S1.147.-
6l0 or 80 cents a share VS.. S7Oe, :
967 or II cents in 1886 period.
A. @. SpaIdlng q Bros. Inc:
in 9 months ended July 81
earned S735.000 or sI.2l a
share VS.. $545.0O or 95 cents in
1856 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
Smith-Coronu
Lifts Dividend

NEW YORK. Sept. S Dr.
'Smith-Corona Inc, today de-
clared the regular quarterly
dividend Of As cents a share.
payable September 30 to stock
holders Of record September
is. and voted an increase to
SO cents in the quarterly divi-
dend payable December 81 to
shareholders Of record De-
cember Is.
The company pointed out
that II its proposed two-for-
one stock split is approved by
shareholders at the September
80 annual meeting the quarterly
dividend payable December 81
automatically will become IS
cents on the larger number Of
shares outstanding.
NEW YORK CR.-General
Telephone raised its divident to
so cents a comman share, pay
able December 81 to stock
holders Of record December 3.
The company paid As cents in
the four previous quarters.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
NEW YORK COTTON

NEW YORK, Sept. ; R.-.cottou
futures turned easy during the fore
noon today When earlier buying an.
peared 10 be satisfied the market de.
clined a. scattered PROFIT takins and
hedging met only limited demand
A leading spot Arm In rs latest
weekly crop letter said that the late
ness Of the crop IN many sections has
made. ultimate Yields more dependent
on the fall weather. particularly In
the Northwestern portions, This situa-
tlon has also resulted In the CROP
reaching peak condition much later
than usual. especially In the Central
and Western belt Condition Of the
crop averages 81 per cent q normal foI
on September ! last year. This indl-
Gates an all-time record yield. chiefly
due 10 the unusually high Yields ex-
pected IN the Western and Far Western
belts, the survey commented
Noon prices were 90 cents bale
lower to Is cents higher than the pre-
vioua close october ~ 90, December
1898 and March 1923.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
CHICAGO GRAIN

CHICAGO. Sept. 8 M.-0rain futures
held about steady on the Board OF
Trade today, There vas little In the
consequently there was little or no
pressure on the trade.
One commission house bought 400
600 bushels Of December wheat ai
the start. but other than. this tradins
tinued sbsent althoueh traders look
Tor an Improvement soon
Corn was q shade lower but con
tinued TO get some support on Iumori
q = possible stoppase Of sales by The
showed 4 weaker tone after adyancins
up 70 cents a bushel yesterday.
Near the end OF the fiTst hour new
style wheat was UNCHANGED 70 = lower,
ssptsmssr slss e sa was = 80. %
lower TO- - hisher, September ssh;
rye was "a lower 10 a higher. SepteU
Der i.33is; soybeans were y 70 Ss
lower. September 2.3pst. and lard was
SuS sspss 6 SwsT to cents nishs'
Some dealers in soybeans said they
doubt there will be any substantial
advance In the bean market over the
near term II the soybean crop should
private forecast issued Yesterday. based
on crop conditions IS Of September :,
estimated bean production would be
around ~. million bushels.
These same traders feel u will re-
duire large volume OF exports
throughout the winter to bring about
tieht substantial situation In soy
beans late next spring.
The situation In syria, which q
state Department spokesman said may
AFFECT the security Of the whole free
world, was q major factor in the ad-
vance OF Rrains and soybeans yester-
day Is many traders feel II will con-
tinue to dominate. sentiment In all fu-
lures for the present
The weather outlook for the corn
and soybean belt is for slightly HIGHER
temperatures today with scattered
showers over the entire area. Low
temperatures predicted for tonight
Tanae from as to IS IN Minnesota,
80 TO 80 IN Nebraska, and 80 TO "a
over the remainder OF the belt.
The forecast for the spring wheat
area Is for scattered thundershowers
IN the Dakotas and Montana with
temperatures ranging from ~ 70 81
DEGREES Nieht time. Temperatures are
the paEotSs. As 10 81 in Montana. In
the winter wheat belt, the forecast IL
for scattered thundeTshowers In Kan
saS, Oklahoma and West Texas, with
little temperature changes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
COOPERATIVE OWNERSHIP

Ownership Plan being applied to offices-but you may
rent II you prefer. There in Washington more
than forty apartment buildings and medical office
building operating with complete success under this
proven type of Cooperative ownership The Flynn Plan
has received international recognition for its effective
and unparalleled record Of In 81 years
operation no building has failed in the grim depres-
sion years Of the 1905
The basic principal Of the Flynn Cooperative owner
ship Plan is simple The tenants merely suhsti-
tuted for the landlord Their tremendous collective
buying is harnessed for their instead Of
that OF investor. They become the of their
own space and collectively the sole owners and pro-
pretos of the building and land completely and forever
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
New Dote Scheduled
For LoeWs Meefinn

WILMINGTON. Del, Sept. S
tR.-The new date for the
Loew's. Inc. stockholders
meeting was set tentatively as
October Is in an order signed
Yesterday by Chancellor Collins
j. SeitZ.
The order enforcing the opin-
ion entered by the chancellor
Tuesday ruled that the only
business that can be transacted
at the previously scheduled
September IL meeting will be
an adjournment to October IS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
N. Y. PRODUCE

NEW YORK. Sept. 3 up, CUsDAD -
Butter about steady receipts U2SOOU
wholesale prices on bulk cartoni
ureshl. Creamery. ~ score fAAl
~ ss-62h cents. W score IA 6iia.
blss; 40 score ,B) 6Ols-6O1a.
Cheese steady. Receipts 2pO. 900
Prices UNCHANGED.
Wholesale egg prices unsettled. Re.
ceipts $4,000. New York spot quota.
tons follow; Midwestern: Mixed colOrs
Extras $3.50 lhsD l7is-ieis. extra,
dium 3g1a-4Ois; standards large J7.:jil,
checks .1-3O. Whites Extras l4S-bl
lbsl bO-521s; extras large ii5-iS lbsl
1890; extras medium 42-43. Browns
Extras 1880 lbs) 40ia-5lia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
HOW MUCH WILL You sAYEl

simple inquiry will bring you full details Of this
Cooperative Ownership Plan and temzed analysis
Of the economic advantages Of buying vs. renting
NTH startling revelation that buyer tuiu recoper his
n doUn payment in ~ years In actual SdDngS over
comparative rental cost Of $500 square foot including
in his buying costs all payments TO mortgage principal
and interest plus all charges for operation and
OF the property His important equity gain from
mortgage payments Is not included in this comparison
but is very material additional sdvino.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
Consolidated Pepper
To Cut Production

GRANDMERE, Quebec. Sept
5 up. - Consolidated Paper
Corp. announced today it will
curtail production at its mills,
dropping one or two work shifts
each week.
d. B. Foss. manufacturing
manager. said reductions in the
consumption of newsprint dur
ing July. high inventories in
the hands of customers. custo-
mer labor troubles and increase
in Canadian newsprint produc-
ton capacity forced the re-
duction.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
White Sewing Machine
To Sell Major PIunt

CLEVELAND. September 5
R.-White Sewing Machine
Corp. disclosed plans to sell its
Lakewood manufacturing plant.
its chief manufacturing center
since 1913. and to import or
buy machine parts for assem-
bly,.
The company recently lost a
contract to supply sewing ma
chimes to Sears. Roebuck a.
Co.. which is now obtaining
machines from Japan.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
METAL PRICES

NEW YORK. Sept s OP,.--spot non
ferrous metal prices today, Copper
Valley. Lead IL cents 4 pound. New
York Zinc 10 cents q pound East
81 Louis Tin p3 cents . pound New
York Foreian silver anaa cents per
troy ounce. New York Al PittSbnrsn
SCRAP steel No. / heavy was quoted
al 55.OO-54.OO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
ODD-LOT DEALINGS

NEW YORK. Sept 5 tP.-The New
York Stock Exchange reported today
these odd-lot transactions By principal
Der 4 Purchases or fa7.a06 shares
sales Of i37,23s shares, including 1910
shares sold short.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
SIGNS or SUCCESS

One Of most recent business buyers was the Nc
Lachen Banking Corporation which has just celebrated
the formal opening Of its handsomely appointed Potomac
Plaza Branch, at 24l5 Virginia Ave. NV This trans
action by the way required and obtained the approval
Of the U. S. Comptroller of the Currency.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
neuS about
POTOMAC
PLAZA
CENTER

Heeeman- Harris world noted builders are now build
ing dramatic 100 million dollar business addition
to downtown Washingtonl0 Of valuable business
property rise above the Potomac and close most
Of Washngtons important private and governmental
business installations hotels railway and air terminals
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05
CALL DISTRICT 1888 FOR DETAILS

Visit Potomac Plaza Center and inspect the first build
ing which fine example Of the superior construction
that will prevail throughout the entire developmentor
call d. 74833 the Potomac Plaza office of the EDMUND
j. FLYNN COMPANY authorities on Coop Ownership
since 1920)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05

EDMUND J. FLYNN COMPANY
PLAZA OFFICIALS Virginia Ave. NV
MAIN oFFlcE-Woshineton Building
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-09-05

Yale&TowiIi 2olA 29b 7SM
LsnithRadas ? IoS1a iosls losIS- N
Hourly Sales on the EAehanua
n M am 200 600 Noon $40 ooo
l.OOpm. 100 600 200 pm. 900 ooo
tUna Of trading 10 shares or sales IN
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-04-04

ATTENTION. Certain toilet prspaatns biod
effective April i. 1854 RGht Limit Quantities
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-29

find out who they were, where
they had gone. whom they had
seen. and If they were coming
back. That's a pretty tough as
signment when you don't even
know the names of the men.
We'll. went to my friend. He
said to come back in a few days
I went back. He said come back
later. I went back later. He
shook his head. He said, Come
back tomorrow I figured he was
stalling.
when ! returned, he gave me
a typewriter report identifying
the Germans. He knew where
they had gone and he even had
the gist Of their conversation as
they drove as we'll as the fact
they were to meet later in
Argentina. And instead of two
Germans there had been three.
1t was one of the most detailed
reports I ever saw and it helped
uncover an espionage ring.
would you mind telling me
how you got it?' l asked him.
He smiled and said: 1.-THE
man who drove their car was
one of my men. When those
people ask for a car in this city,
the driver always is my man."
Mr.. Stevens once almost
wrecked his relationship with the
innkeeper. HE did so much for
us I offered to pay for the in
formation. I thought he was 60
ing to throw me out of his place
But he cooled off and said: What
! do for you. ] do from my heart
not for money l finally got
out of an awkward situation by
saying I didn't mean he should
take money personally but that
I felt he should allow me To
help pay the expense of gather
ing information for US
Copyright 1887. by Don Whitehead
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-29
FAMOUS FABLES
BY Z. E. EDGAR

OFFER: During his early days
in Congress. former Vice Presi-
dent John N. Garner gained a
reputation as an expert poker
player.
One night he was playing
with several colleagues, including
the Speaker of the House, with
whom Garner had been at odds
He was looking forward tc
matching wits with the Speaker
Toward the close of the eve.
ming. the Speaker was dealt q
pat hand. He pushed in a pile
of chips. Garner calmly me-
the bet, then showed another pile
of chips forward.
II raise" he said.
The other players turned dowr
their cards. For a fleeing mo.
Iment the Speaker hesitated. Hi
hesitation did not go unnoticed
IN tell you what" said Gar.
ner. III split the pot with
you"
AS he expected. the other in.
terpreted this as a sign of weak
ness, and met the raise. Garner
laid down the winning hand anc
gathered in the chips.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-29
How to
STOP KILLING
YOURSELF
Beware of Neorsiqhtedness Cures
By DR.. PETER ]. sTElNcRoHN

in favor of eye exercises and
other methods based largely on
wishful thinking. Those who
claim miraculous results from
eye exercises in treating all eye
defects are either misinformed
or dishonest"
/ According to DR.. Franklin M
( Foote. quacks - active among
eye patients-"cure nothing ano
delay competent treatment
which might prevent permanent
loss Of vision" He also warns
against Shortcut cures anc
useless exercises"
You see. Mrs. L. j. F., what
is true for exercises is also true
for diets. When person is borr
with structural impairment ir
the eye, causing nearsightedness
you cannot hope for exercises o.
diets to change the size anc
shape of the eyeball itself.
Perhaps you have met some
persons who swear that "speciaI
treatments" have helped Their
vision. They may have beer
taught to interpret letters on 9
chart, but their vision remains a.
blurred as before. They are ir
just as great danger crossing thu
street as before their treatments
This seems to be the answer
Have children's eyes examined
routinely when they are young
A youngster may be having diff,
Guilty in school because of un'
; recognized nearsightedness. Tn,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-29
SECURITY FOR YOU
Ry RAY HENRY

The Government may give you
q break in paying your income
tax if you've reached IS and
had taxable income in 1856 from
a pension, an annuity. interest,
dividends or rents.
The break comes in the form of
what the Internal Revenue Serv-
ice calls Retirement Income
Credit" Being entitled to the
credit. may mean a tax saving
to you of as much as $240.
To be eligible to claim it, you
must meet certain requirements
as to your prior earnings, pres
lent earnings and age.
Take the requirements in that
order:
Prior earnings - You must
have had earned income of more
than 5000 a year In any ten
years prior to 1857. The Internal
Revenue Service will consider
that you meet the requirement if
you're the widow or widower of
1 deceased spouse who met the
requirement before death.
Present earnings-You must
have had taxable income in 1856
from pensions, annuities. inter-
est, dividends or rents. This in
come is your Retirement In
come" upon which the credit is
based.
Age-You must have been IS
by the end Of 1856.
What Does 1t Mean?
Now. assume that you meet the
requirements. What does il
mean?
1t means that you may be
eligible to cut your tax bill by
20 per cent of your 1856 Re
tirement Income" But, tn G
amount of retirement income to
which the 20 per cent is applied
can't be more than $1,000.
For example: Assume that
your only income in 1856 is a
taxable pension of $4,000 from
your former employer. Your RE
tirement Income Credit" is &c
per cent of the first 81. 200 of your
$4,000 pension of $240. If YOU
had no dependents, the income
tax on your $4,000 pension would
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-29
SECURITY FOR YOU
Tax Sowing Up to $240
Available to Retired

normally be $305. But, your RE
tirement Income Credit" is $240
So. you subtract the $240 from
the $305 and your actual income
tax for 1856 is SOS.
In addition to the 20 per cent
only applying to the first $1,000
Of your retirement income. there
another limitation on the amount
of Retirement Income Credit
you can claim for 1856.
II you're between IS and 70,
you must reduce the $1,000 =
before you apply the 20 per cent
by any Social Security or Rail-
road Retirement payments you
received and by any wages or
salary you received in excess of
81, 200.
(From AP Newsfeatures)
you may write Ray Henri
In care OF The Star about your
DUN Social Security or retire.
ment problem. Please enclose q
stamped, Selt-GddreSSed envelope
and rs cents in coin.)
! The next Security for Ysu column
will oppeor Thursday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-29

Then the work has to be done,
so we stay overtime.
Someday my brothers and I
will inherit good business and
well be able to hire others to
do the heavy work.
The Councils View
Both Gloria and Larry are
being extremely unfair to them
selves and their children by not
making conce ssions to one
another.
Gloria is wrong to insist that
Larry is being dominated by his
parents when he shows so clearly
that he enjoys his work for them
and has many advantages by
sticking to it. She is being very
snobbish and very foolish when
she places white-collar job
above manual labor.
On the other hand, Larry
should recognize that his wife
has a right to object to his long
hours. She has a right to his
company at the end of the work.
ing day. He should quit his gold
bricking in the middle Of the day
and complete his work at q
reasonable hour.
He might also make the con-
cession of washing up and she'd
ding his work clothes at his place
of business. Many men do this
(Copyrisht. 1857. General Features Corp. +,
Tomorrow: Teen oee daughter feel
she is terrible problem"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-29
TOMORROW
The FIJI Story
Tells How
The Queen Mary
Eluded U-Boots
With Agency Help
With Agency Help

None was needed. They under
stood each other.
Il never knew anyone like
this man." Mr.. Stevens recalled
later. AT least once a week
the police would follow me. But
I always knew in advance when
I was to be followed-and tina,
was always the day I worked
hard at being a reporter. That
was always the day I would call
on the chief Of detectives, telling
him I just happened to be pass
ing by and would he have q cur
of coffee with me. 1t must have
driven the guy nuts-and the
detectives who were trailing me
too. They never knew 1 was
being tipped by the innkeeper
who had a well-placed friend al
the police station.
"One day our people got word
to me that two Germans sus-
pected Of espionage had driven
by automobile into a neighbor-
ing country. I was supposed tc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-29

Dear DR.. Steincrohn: Please
tell me If nearsightedness can be
caused by a deficiency of some
sort. and could case Of near
sightedness be improved by spe-
cial feeding Of vitamins and
minerals?
II would appreciate your
opinion as my teen-aged daugh-
ter is quite unhappy over her
handicap and I am most anxious
to help her if I can. We have
been told that the products of
certain food-supplement COM
panies have been known to aid
in many cases of eye weakness.
And how about special eye exer-
cises?
Il am most anxiously awaiting
your reply. The reason I have
for thinking food supplements
may help in my daughters case
is that all through her baby
hood and childhood she ate
sparingly. Sincerely.
MRS. L. j. F."
Answer: In New England
there is a well-known ophthal-
mologist friend Of mine who sees
red whenever he hears about
any new treatments for the
cure Of nearsightedness. He says
that special exercises, diets or
medicines are just so much
balderdash inflicted upon gullible
people who are willing to spend
their hard-earned cash on fake
cures.
On his say-so, and that Of
many other good eye doctors,
have, through the years, adj
vised nearsighted people not to
be shortsighted to boot! I have
advised them to rely only upon
the judgment Of the best quail.
fled medical men in their area
Only in this way can they ex.
pect to give their eyes the bene-
fit Of the proper care they de.
serve.
This week I received another
bulletin from the National Soc.
iety for the Prevention Of Blind.
ness which stresses the point
have been trying to make. Fol
example: Persons with i'm,
paired vision are understandbl,
anxious to correct their eye de
fects. Many individuals. how
ever, igno1 essential treatment