davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
CHICAGO
LIVESTOCK

CHICAGO. April is Up tusDA)
Sslaole hogs $500; active and uneven:
90 70 40 higher on tuchers; Instances
oO ntgher; soWs mostly rs higher:
5000 shipping demand and all local
interest in trade: increased supply Is
e am more , No o I lot butchers n re-
down to s0.a5: several iots sa9os
220 lbs most sorted for grade 81 as
u 90; and q few lots mostly LIST these
weights 81 1921 IS: so head lots is
2i5 lbs goo: .ss 24O-270 lbs 90 80
q 90; q limited volume e mostly "a
ySO.3lo lbs 20.00-2O.50: larger Nts
y 100000 ID sows ls0O-19, 90; a Few
Iots 325:375 lbs 19,25-I9.75: and q
lew small lots " .280-30O lbs 1000;
most ss sSGS sSttl ss 7 5SS co.. 90
slaughter steers. and heifers opened
slow: closed fairly active; steady 70 "a
higher; cows steady to IS higher;
best action on Gamers and cutters:
pulls strong: yealers around 1 90
lower. stockers and feeders fairly
active; about steady: . load 1,i57 Is.
stters. prime with choice end and q
half Il choice and prime l.222 lbs.
800; shoice q. 75-20;5 rs; good 70 low
choice % 00-27 SO: utility and stand
ard = .O0-24.50: load mostly prime
sh6,c 10 "a ne, rs ~ 90; most Eood 9nd
~ 90; utility and commercial cows
1s.00-2l 90; Gamers and cutters
rs; 50-1s SO; utility and commercial
choice veaiers 39.O0.s3. m. st.uds "a
.3.00-2g 90: Gull end utility 1000
200 . loads good sri choice 500 10
stock steers 1000;
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
SY SYLVIA PORTER

second great employment up
heaval in our history.
In 1910 less than 40 per cent
of all workers were in services;
now almost 81 per cent are in
the nongoods fields. At the
start Of World War II more
than 81 per cent were in pro-
duction; now only about 43 per
cent are in manufacturing. con-
struction. mining. agriculture.
Since 1852 the number OF
workers in manufacturing &C.
tually has dropped from 1853 to
1874 million now. Since 1852
the number Of workers in serv-
ices has climbed from around
% to over 80 million now.
The miracle Of productivity
has made this revolution pos
sible-but that's another story
My key point here Is that in
our job structure itself lies the
reason employment is holding
up as well as it is and in the
way we earn our living today
lies a major basis for belief that
We are more depression proof''
than ever before.
distributed by the Hall Syndicate. Inc
All Rightg Reserved
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
PUG. Studying
HoIsey's Request
Of PEPCO Stock

The District Public Utilities
Commission has taken under
study a request that the Po-
tomac Electric Power Co. offer
an up-coming sale Of stock on
q competitive basis to UNDER
writer's.
Making the pitch for COM
petitive bids-instead of sale on
"a negotiated basis-is the Chi
cago firm Of Halsey, Stuart &
Co.
Lincoln j. Patton. New York
representative Of the firm, told
the commission his company
could save PEPCO some 500, 900
in underwriters fees If the sale
was offered on a competitive
basis. He also guaranteed
PEPCO the $l9.7 million for its
debentures which are convert
ible into common stock.
Also testifying yesterday was
r. Roy Dunn who defended the
company's decision to offer the
stock on a negotiable basis.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
PEPCO Board Renamed
At Uneventful Meeting

A record number of stock
holders attended an uneventful
annual meeting of Potomac
Electric Power Co. this morn
Ting in the company auditorium
Tand reelected al directors.
5 With 4.750.304 shares rep.
resented from q total Of $780,
135 shares outstanding, the
ffolloying directors were re-
named: Alfred @. Neal, board
chairman: r. Roy Dunn, presi-
adent; George Bisset. senior vicE
president: Lee D. Butler, James
BE. Colliflower. Albert L. Cox,
: Robert v. Fleming. George E.
Hamilton. jr.. Louis w. Prem
.Ttiss. Harold L. Rust. jr., Philip
IN. Talbot and Wilmer j. Wal
zler. All officers we're reelected
at a later board meeting.
I More than 275 stockholders
attended. Questions ranged
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
Washington Mutual
Votes Distributions

Directors Of Washington Mu-
tual Investors Fund, Inc. yes
|terday declared a regular quar-
terIy dividend of 8 cents a
share and a fiscal year-end
capital gain distribution Of 20
cents a share. it was announced
by Board Chairman James M.
Johnston.
Both distributions will be
made June I to holders Of
record April %.
Mr.. Johnston said the profit
distribution Of 20 cents COM
pared with a cents q share
paid out Of net realized gains
last year and reflected the gen.
orally lower level Of securities
prices.
The funds assets now exceed
$l0.750.0 compared with 80
million a year ago. Share
holder accounts number 5000,
a gain Of q per cent in IL
months.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15

savings also expanded to q new
high Of $815. 738.554 on March
81. an increase Of $9,733, 900
from a month earlier and an
impressive $s4.27s.495 above a
year ago.
The total rose nearly $2S
! million in the first 1858 quar-
ter.
Real estate loans rose to
+, $50. 949, 329 on March 81, a
gain of $6,l87.659 from a
month earlier and $64,8O6, S43
above the same 1857 date.
Cash and Federal bond hold
ings Of the association. all of
which are insured by the Fed
eral Government, totaled $87,.
1921 on March 81, an in
crease OF $14.573,183 from a
year earlier. Reserves of $73,-
018.5l9 were $5,l95, 1886 above
q year ago.
Mortgage loan activity ex-
panded in March. The associa-
ton advanced $16.4l1.399 to
borrowers, compared with $15.:
771.677 in February and $12,-
308.292 a year ago.
Mr.. Burke reported a net
gain in new savings accounts
of 28,861 raised the number Of
such accounts to 342. 1893 in IL
months ended March 81. Bor-
rowing members now total
86.78l. compared with 83.4S0 a
year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15

filing Of consolidated returns
20 T. c. No. 106.
y &%
PENSION TRUST PAY
MENT-A taxpayer was en-
ployed by a corporation which
had an employees pension trust
The corporations assets were
acquired by a second company
in a reorganization. The tax
payer became an employee oil
the second company. which had
its own retirement plan. The
pension trust Of the first CON-
pany was continued for 1--WE
years and then terminated. the
employe receiving a lump sun
payment Of $4,000.
HeId-The lump sum pay
ment was not a long term
capital gain as the taxpayer
commended. but ordinary in
come.-29 7. C. No. so.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
Bankers Say
Industry Must
AidConsunler
BY WILLIAM A. MILLEN
Star Stan Writer 4

De@A Os8A WAltcI
Merchandising program 8
must be adjusted to benefit the
consumer.
That's what the Installment
Credit Commission Of the
American Bankers Association
told business today. It released
a bulletin entitled Timely
Notes On Installment Credit. !"
The commissions chairman is
Carl A. Bimson. president Of
the Valley National Bank,
Phoenix, Ariz.
1.-THE consumer at present
appears to be taking a debt
holiday which, in our opinion,
is Of temporary nature" said
the bulletin. Cash reserves
are being accumulated as re-
Elected in increased savings.
These reserves will come in
mighty handy when released
to purchase new automobiles,
appliances, homes, home i'm
provements, and other goods
and services.
But befefe the consumer
returns to sthe market place,
he must be reasonably assured
that he gets his moneys worth
for the dollars he spends.
Industry must have the
courage to face this situation
and adjust merchandising pro-
grams to benefit the con-
sumner"
Banks were urgeS to UNDER
take in their local commu.
mites "a strong public relations
and human relations program.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
YOUR
MONEYS WORTH
Job Structure Upside-Down

! Dramatized by today's job
figures is the story Of one OF
the great revolutions of mid
Goth century.
The revolution Is this:
For the first time. far fewer
people are employed in the
production of goods than are
employed in other areas--gov-
eminent. services OF all types,
retail and wholesale trade,
transportation and utilities,
finance, insurance and real
estate.
Until a relatively short time
ago workers in industries pro-
ducing goods heavily outnum-
bered workers in trades, serv-
ices. all levels Of Government.
Now the opposite is a fact.
Our work force has turned
a complete somersault. Against
the background Of America
since 1776, our employment
structure is upside-d down.
The significance Of this can
not be underestimated. For
employment in goods-produc-
ing factories can and does
fluctuate violently.
When a factory loses q con-
tract or customers 1t promptly
lays of workers-as the en-
ployment statistics during this
1878 recession clearly reveal.
Jobs in factories turning out
hard goods have plunged IL
per cent since March 1857; a
full IL million Of the total IT.
million drop in non-farm en-
ployment in the past year re-
fleets the loss Of jobs in plants
manufacturing durable goods.
But employment in non-goods
areas always is much more
stable.
A business downturn has to
be severe before stores fire large
numbers Of workers, before Jobs
shrink IN finance and insurance
firms and the like-and through
good times and bad, govern
ment payrolls appear in an in
exorable uptrend. Again, the
employment statistics Of this
period are completely revealing
Despite the recession employ
ment actually is above a year
ago in wholesale firms, in serv-
ices. in government. in finance,
insurance and real estate. The
rise is almost $4,000.
Now the meaning of the revo-
luton emerges.
The somersault in our work
force explains why total en-
ployment is only 2.5 per cent
below Ito March 1857 peak in
the face Of shuddering slumps
in such basic industries as autos
and steel. the long-term decline
in agriculture.
And the shift explains why
the economy is showing re-
sistance to general depression
in the face Of major economic
trouble in such critical centers
as Detroit and Pittsburgh.
So-quletly and yet steadily has
the revolution developed that
few. outside expert circles, real
lie we are living through the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
Coop 10 Hold
Meetings al
Five Places

An unusual system Of five
sectional annual meetings will
be held for some $4,000 men,
bers Of the Coop Stores in
nearby Maryland April II.
All meetings will start at
l7:45 nm. on that dav and will
be held in the community
church at Greenbelt, the Piney
Branch Coop store. the civic
center at Rockville, the Hughes
Methodist Church at Wheaton
and the agriculture center at
Westminster. Md.
The Coop recently reported
six area stores had record sales
Of $11 .082. 900 in the fiscal year
ended January IS. a gain of
10 per cent from the previous
year.
Samuel F. Ashelman. jr.. also
announced plans for three
more shopping centers and a
large bakery. The new centers
will be in Alexandria, Va;
West Hyattsville. Nd. and
Westminster. Md. Location Of
the bakery has not been de-
cided.
A further increase in volume
is expected when the Rochdale
Cooperative Of nearby Virginia
is merged later this year. It
now is managed by Greenbelt
Consumer Services. Rochdale.
with 1000 members, operates
in Falls Church and Fairling-
ton. Va.
Net profits of the Coop in
the latest year amounted to
$18S. 900. a gain Of 81 per cent.
The usual 5 per cent dividend
on stock will be paid this year
and customers will receive a
patronage refund Of SO per
thOilsand IN ntirchases
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
Hotpoint Dealers Plan
National Sales Campaign

Dealers Of the Hotpoint Co..
large appliance manufacturers,
will launch an intensified sales
campaign over the Nation for
two weeks-April 24-May 10.
This was announced yester-
day by officials. who said the
protected buying plan" makes
1t easier for consumers to pur-
chase major appliances.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
TAX MEMOS
By FRANCIS P. DOUCLAS
star stan Writer

star stan Writer
The following rulings are
summarized from decisions Of
the Tar Court:
DOCTORS DILEMMA
California physician remarked
to an employe that he did moi
see how the Internal Revenue
Service. with 1870 million peo-
pie" to check could check or
him. He learned.
The service checked on him
and billed him for $332.78O In
additional taxes plus $l6S.47T
for fraud.
The doctor reported gross re.
ceipts from his practice Of
1881 .206 for l94l-4S. An audit
put the figure at S756.479. HI
sent patients checks to q sister
in another city. She cashec
them. accumulated the cur.
rency and twice shipped hin
$4,000 by express.
The doctor bought and solo
real estate through other per.
sons.
He reported net income fol
1939-49 totaling $137.358. Tht
Internal Revenue commissioner
determined it was $694,832.
Held-The commissioners de.
termination Of net income wa,
correct. The returns except fol
one year were fraudulent.
Held Also-The doctors for.
mer wife is jointly responsible
for the returns for 1892
The returns were prepared b.
the doctor after the wife signeC
them In blank. I'VE reach Thu
conclusion with great reluc'
lance because it Is plain upor
this record that the wife wa
not guilty Of fraud but tina
she. along with the Govern
ment. was the victim Of tn
/. i. fraud. 30 T. c. No. 80.
| LOSSES LOSE VALUE
New Jersey corporation &C
CURED all the stock Of tw,
corporations which we're op'
Grating at q loss and continued
to operate at u loss. The pur'
chasing corporation had d ne
profit for the years 1876:
Of Sll4.010. But on the basii
Of consolidated returns for thu
three companies the profit wa
$3,083. The Internal Revenu,
Service determined tax de,
ficiencies Of $47.792 agains
the purchasing company fol
the three years.
Held-The purchasing cor
poration failed to show thu
principal purpose Of the &C.
QUESTIONS Of the two other com
nanies was not the evasion o
Federal income tax. The IN
ternal Revenue commissions
was correct In disallowing tn
deductions Of the losses Of tn,
two acquired corporations.
It was also held that tn,
purchasing corporation failet
to show that the acquisition
had a bonaflde business pur'
pose other than tax avoidance
The acquired corporations wer'
not affiliates within the mean
ing OF the code relating to tn,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15

from costs of a hard winter to
latest financing plans and par
ticipation in Atomic Power De-
velopment Association. Inc.
Mr.. Dunn said the snow
storms cost PEPCO $500, 600
and reported continued par
ticipation in the atomic power
plant at Monroe, Mich. Cues
lions on plans for debenture
financing this month concerned
details such as price and other
items. which have not been
determined.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
Washington Gas Sales
Up Sharply in March

2 Cold weather in March and
the first three months of this
year was a major factor in
sharp increases and new rec
.ords in sales of Washington
Gas Light Co. in those periods.
1t was learned today.
: March sales of 60.740. 199
were up $50 per cent from A.
ss248,6 96 in March last year.
Company officials said degree
days in March were Gas per
cent above a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
Oil Offering
By the Associated Pres

The Securities and Exchange
Commission said yesterday the
Getty Oil Co. proposes to offer
shares Of its common stock to
shareholders Of Mission DeveI-
opment Co. The exchange
would be on the basis Of one
share Of Getty for each IL
shares Of Mission Development.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
Smiths Transfer Buys
Site for Warehouse


Smiths Transfer g. Storage
Co. has acquired a new ware
house site Of $4,000 square feet
at Plyers Mil road and Mont
gomery avenues in Kensington.
President Arthur Clarendon
Smith, jr., announced.
President Smith said the
new facilities, including land
and building, will cost around
$250.000 and were made neces-
sary by expansion Of the firms
Maryland business. Construc-
ton will start in 30 days.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
Oberholtzer to Head
Credit Union League

Jerauld T. Oberholtzer was
elected president Of the Dis
trict Credit Union League at
the oath annual meeting Satur-
day. He succeeds George H.
Denham.
Other new officers: Anthony
zollo. vice president; Virginia
B. Day. treasurer. and Del
Winterheld. secretary. Mr.. Den
ham. Tom P. Emerich and Paul
r. Ashbrook were elected ma
tional directors.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
!. 's r BUSINESS
Swings, Loan Assets
Near Million
BY DONALD b. HADLEY
Star Financial Editor

Assets Of 80 member associations District Savings
and Loan League reached Of 1891 1888 on
March 81. gain Of $lo750ooO from month earlier and
484. So, 877 ahead Of the like 1857 date.
The high represented gain Of $3l 245 l0l in the
hfSt three months of this year.
Joseph p Burke E league president reported invested
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-15
MUTUAL FUNDS

NEW YoRK. April Is R,.-Nstisasl AssseIs-
ties Securities Dealers, lne., noes quotstisas
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-02-11
WORD GAME
Find "a or more words in
BILLIAR RID

meaning. "in pool games. I
carom." Average is "a words
time limit, 20 minutes.
Rules Of the game: /. words must b,
Of four or more letters. 2. Words whicl
acquire four letters By the addition o
So such As "bats, ears" are NO
used. 4. Proper names are not used
Answer 10 SHARING
sang sari shin, shag, sign, sigh, snae
nlknt gains, cash, garnish, garish
gnash, grains, grin.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-02-11
ADVERTISEMENT.

Don't be embarrassed BY loose false
teeth slipping, dropping or webbing
when you eat, talk or laugh. Just
sprinkle q little PASTEETH on your
plates. This pleasant powder gives q
remarkable sense OF added comfort
ana security by holding plates more
nrmly; No gummy, gooey, pasty taste
% feeling. It's alkaline (non-acid),
Get FASTEETH 81 any drug counter.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-02-11
CONTRACT
BRIDGE
BY EAsLEY BLACKWOOD

Mr., New, the avid kibitzer, is
very cocky when he is merely
watching the game and can see
all four hands. He is somewhat
less confident when he is play
ing and is not above asking q
more experienced player how
he could have done better than
he did.
South dealer.
Both sides vulnerable.
NORTH
(Mr. Dale)
AK54
1J853
oJ105
@765
WEST EAST
tMr. AbeD tMr. Heinsite)
AIS AiO9762
09642 Vat
oA4 o9762
%QJps2 ass
SOUTH
tMr. New,
AAQ8
VKQ1O
oKQ83
%AK4
The bidding: d
South West North East
INT Pass 3NT All pass
Opening lead: Queen Of clubs.
In today's deal his contract
seemed easy. Apparently it was
just a matter of knocking out
the two red aces. The queen Of
clubs was led and he won with
the king. He laid down the
king of hearts and Mr.. Heinsite
won with the ace and returned
his last club.
At this point Mr.. New real
lied that the situation was
grave. He had to get at least
one diamond trick and If the
defender with the long clubs
also had the ace of diamonds
the result would not be a happy
one. He ducked the second club
lead which did him no good at
all because Mr.. Abel overlook
with the nine and led a third
round Of the suit.
Mr.. New won with the ace of
clubs and led a small diamond,
hoping the ace was on his right.
But Mr.. Abel stepped in with
that card and cashed two more
clubs to break the contract.
Gould I have made it, part
ner?" Mr.. New asked.
Mr.. Dale replied that the
hand could have been made
against any defense.
Mr.. Heinsite was nodding
sagely. Obvious" he remarked.
"All you had to do was to knock
out the ace of diamonds first.
That would take the only side
entry out of Abel's hand.
That's not the point at all, !"
said Mr.. Dale. Hes not asking
how he could have guessed the
hand better. He's asking how
he could have played it better"
The old master then pointed
out that Mr.. New should have
conceded the first trick. If he
had done SO it would have made
no difference which of the red
suits he started first. Suppose
he had held up at the first
trick, won the second trick with
the king of clubs and led q
heart. Mr.. Heinsite would win
as before. but he would have
no club return. Mr.. New could I
win any other return and knock
out the ace of diamonds while
still retaining the ace of clubs.
(Bistributed nv MeNauoht QvndieataA II
The journal. (Caldwell, Ohio) 1934-1961, 1958-11-20
Brownie Scout Troop
Holds REGULAR Meetinq

The Brownie Scout Troop met
Thursday, November 13, in the
dining room of the Presbyterian
church with their leader, Jessie
Moore, in charge.
The meeting opened with the
presentation of colors and pledge
to the flag There were 20 mem
bers answered the roll call. Mrs.
Moore was assisted by Ruth Tar
Teton and Lucy Williams in
working on the projects for
Thanksgiving, after which 40
minute hike was taken around
town.
They returned to the church
dining room where the meeting
was closed with the Brownie
circle to reopen Thursday, Nov.
20, at 300 p. m. in the church
dining room.
The journal. (Caldwell, Ohio) 1934-1961, 1958-11-20
Alpha Rho Chapter
Has Dinner Meetinu

Alpha Rho Chapter, Delta
Kappa Gamma, held their reg
ular monthly meeting Monday at
Garfield hall, Quaker City.
Hostesses for the evening were
Gertrude Hartley, Josephine
Craig, Helen Douglass and Mabel
Flood.
The program consisted of
group singing, led by Ruth Day
with Grace Taylor at the piano.
A Thanksgiving program was
presented by the committee con-
cluding with a vocal solo,
Thanks Be To God" by Ruth
Day.
Evelyn Luke, of Byesville, was
initiated into the sorority in a
very impressive candlelight cere-
mony.
Eva Davis, president, presided
at the business session. Mem
bers expressed their enjoyment
as we'll as the educational bene-
fits of the joint meeting with
Alpha ST Chapter at GAINESVILLE
recently. Miss Barnet of Mus
kingum college gave an illus
trated lecture on her recent trip
to Russia.
The next meeting will be in
December with the Cambridge
group as hostesseS.
The journal. (Caldwell, Ohio) 1934-1961, 1958-11-20
Caldwell P. 7. A. Meeting
Will Feature Safety Theme

Safety is a Way of Living"
will be the theme for the third
meeting Of the Caldwell P.TA.
to be held Monday evening,
November "a, at 800 o'clock in
the high school auditorium.
Fathers night will be observed
at this meeting. A treat will be
given to children whose fathers
attend the meeting.
A film and speaker along with
a panel discussion is being ar
ranged by Mr.. Donald Moore.
Refreshments will be served. The
committee for the evening is as
follows:
Hospitality committee chair
men: Mr. and Mrs. H. c. Jordan,
Mr.. and Mrs. William Heppner
and Mr.. and Mrs. Ben Davis. The
committee is Mr. and Mrs. Clar-
ence Schafer, Mr.. and Mrs.
Charles West, Mr.. and Mrs.
Clyde Davis, Mr.. and Mrs. Ira
Pryor, Mr.. and Mrs. Dwight
Wiley, Ruth Johnson and Mrs.
Lura Sutherland.
There will be no meeting in
December.