davidaulloa/AmericanStories huggingface dataset:
Milford chronicle., 1958-01-03
An Outrage Is
Committed

How Mean Can We Bell - This
could well be used to describe the
dastardly vandals, who, apparent
ly, were filled not with the milk
of human kindness, but hateful
venom this Yuletide, as they scat
tered tokens, of their meanness
about Milford last Friday evening.
Starting with the Jake Buffers
on Clarke Avenue, they stripped
the magnificent tree on the But
ler's front lawn of nearly fifty OF
the varied colored light bulbs that
had turned that big tree into
thing of warm beauty, which was
enjoyed, not only by the Buffers
and their neighbors, but by many
who drove by to admire its short
lived beauty
Jake and Martha are deeply hurt
over their loss, but are more CON-
cerned about the future of people
who would appreciate such an act
of vandalism particularly at Christ
mas, when the theme is or should
be Peace on Earth to Men Of
Good WILL"
1t is quite likely that future plans
for Christmas decorating by the
Buffers will be curtailed, not only
because their monetary loss was
sizeable, but they are reluctant
to again provide a Roman holiday
for ignoramuses.
The vandals were not content to
go their narrow, miserable way
after their lob" at Buffers. They
made a round of the City, and
smashed and tore up lights on a
decorated tree at the approaches
to the L. d. Caulk office building.
Nor was this all, the miserable
sneaks went to Calvary Methodist
Church yard, and there, Haunting
the very God who allows them
life, proceeded to smash and tear
up the lights there.
This writer found out years ago
that it is useless to appeal to the
so-called sense of decency of cat
tie" such as these vandals, there
fore, in the name of a reputable
organization, reward of $25.00
will be given to the person who is
willing to peach" on the gang.
Milford chronicle., 1958-01-03
I'm THEsAIR FORCE"
BY EIoins townsend DIcksrson

were on their way to the game.
When the Lawrence exit was just
ahead of us / shook my head-every
car turned off. BY the time we were
half mile from the fieldhouse we
were at standstill and there were
state troopers every place handling
the traffic.
1t was after 1880 by this time and
We listened to the game on our
radio. Finally a fiashlight in a
field indicated where we should
park. We got out of the car into
Kansas mud Only if you've been
in Kansas do you know what kind
of mud we have. It's the cement
kind. When you walk in this mud
it sticks and coats and finally
you're walking on three inches of
the stickiest stuff you've ever seen.
Our children always wear boots,
but sometimes they forget and to
clean their shoes nothing will work
better than the triangle point of
a beer can opener! I'm telling the
truth.
By the time we arrived at the
fieldhouse we looked like we had
spent the whole day plowing in
someone's muddy rice field Like
everyone else we spent good Is
minuts trying to cleanup and then
went directly to the ticket window
and watched the man shake his
head-"No tickets. He directed us
to another entrance and there we
were given two choice" seats for
$500. / hoped the game would be
worth the price. Double-header
jumped the price of admission.
Each usher kept pointing TO a
higher row and finally we ended in
row about 18th down from the
top. The fieldhouse is new and
every seat has a vantage view of
the court. i have never been in
room with $4,000 people before to
my knowledge and their excitment
enveloped us quickly and the even
ing was an exciting one. For the
first time we saw Wilt "The Silt"
Chamberlain, of Philadelphia. You
certainly know what a headliner he
is in the basketball world. He's
a seTen foot colored boy, who is
already being besieged by profess
sional teams to join them. This
evening Wilt made 81 of U. of KS
points (final score 77-59. Both
Kansas teams won.
Well, must run now My per-
sonal air mail plane is about to
depart. Happy New Year everyone
and I hope before the new year
is too old I'll be with YOU all.
Always.
g. t. ID.
Milford chronicle., 1958-01-03

Q-Is rental income to be included
in determining whether or not
person receiving social Sc
curity benefits has exceeded
the $1,000 limitation?
and neither should you in
clude income from investments,
annuitieS, other pensions, diyi-
dends or interest. Only earned
income, that is wages or earn
ings from self-employment, are
counted toward the $1,000 limi-
tation.
a person, under 65, have
his wage record frozen" for
any reason other than total
disability?
There is no provision where
by an individual can freeze"
his social security account un-
less he is severely disable. A
change in jobs from covered to
non-covered employment or
just stopping work before you
are 65 will not enable you to
freeze" your earnings record
at that point. The freeze" ap-
plies only to those persons who
are Sc severely disabled that
they cannot work and do not
expect to return in the fore
seeable future.
"a reader writes, "I have al
ready paid social security taxes
on $4,000 for 1857. Recently l
changed jobs and my new en-
ployer is making social secur-
ity deductions from my wages.
Is this proper?"
Ayes. Each employer is obliged
to make these deductions on
your wages up to $4,000 per
year. However, you may claim
credit for all social security
taxes that have been collected
on wages in excess of $4,000
per year. You do this when
filing your income tax Cor the
year in question.
l-How is the benefit determined
when a woman is entitled on
her own social security account
and is also entitled as wife
on the social security account
of her husband?
A woman will be entitled to re-
ceive whichever benefit is de-
termined to be the larger She
is not entitled to receive both
benefits.
docs a person have to stop
working completely in order
to receive social security pay
ments7
Mo, not completely. Anyone may
earn as much as $1,000 year
and still receive social security
benefits for all months of that
year. II you work in all months
of the year, have total earnings
of more than $1,000 and you
have not reached age 72, the
number of monthly benefit
checks you would be paid would
depend on the amount of your
annual earnings. One monthly
benefit check is withheld for
each $50 or fractional part of
$50 earned in.excess of $1,000
For further information write or
isit the social security district
flee located at 504 West 10th St,
Del, or see the So
iaI security representative when |
e is in your area. A schedule of
is visits may be found in all
ost offices.
Milford chronicle., 1958-01-03
EASY polio TARGETS

Have Americans somehow fallen into the
curious notion that advances in medicine au-
tomatically benefit the public? Have they
forgotten the key fact that medical improve
ments are of value only to the extent that
they are used?
1t would seem So judging by the public's
reaction to availability of the Salk poliomye-
litis vaccine. Left on the shelves, this vac
cine is no more of threat to polio than
cough syrup. Yet because of failure to un-
derstand this, or perhaps merely because of
indifference or Incidence, hundreds of thou
sans of polio shots are going begging.
Much of this vaccine may have to be de-
stroyed because it has been in storage too
long. That is both ridiculous and tragic 1t
is ridiculous that many millions,
actualy-must be implored to use something
that would benefit both themselves and their
families. And it is tragic because those who
fail to use the Salk vaccine make themselves
sitting ducks for a still-circulent disease.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
inventories
Drop, Sales
Gain in June

The Commerce Department
estimated today that inven-
tories Of manufacturers, whole
salers and retailers declined
$500 million In June. Sales
went UP.
The inventory decline. which
took seasonal facors into ac-
count. brought the estimated
book value Of stocks at the end
OF the month 10 $3.50 billion.
Compared with q year earlier,
inventories were down about
$4.5 billion.
Manufacturing inventories
dropped $500 million In June.
This was partly Offset by a rise
OF $3.50 million in retailers
stocks. Wholesale inventories
we're virtually unchanged.
Manufacturing and trade
sales increased $500 million,
after seasonal adjustments, TO
s53.7 billion. Sales OF both
manufacturers and wholesalers
rose 2 per cent from May to
June with increased sales Of
durables accounting for most
Of the rise.
Retail sales were unchanged
from the previous month at
Sic billion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
313 Stocks Listed
AS 20-Yeur Payers
OfCush Dividends

NEW YORK. Aug. S R.-A
new tabulation by the New
York Stock Exchange showed
today that 313 listed common
stocks have paid a cash divi-
dend every three months for at
least 20 years. The total is Z
more than last year.
The 1858 issue of the Ex-
changes Investment Facts
booklet contains the names of
% companies that have paid
cash dividends every quarter
since before the turn of the
century.
The longest record of contin-
uous, quarterly cash payments
is held by American News Co.,
magazine and newspaper dis
tributor. That firm started
quarterly cash payments "a
years ago and hasn't missed
since. Others include Pullman
Inc. (186O, Erie g. Pittsburgh
Railroad Q870), Pittsburgh, Fl.
Wayne and Chicago Railway
(1872) and Gold & Stock Tele-
graph Co. Q87O.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
; accompanies
Extend Steel
Price Boost

PITTSBURGH. Aug. 5 R,
Three more steel firms, in
Guiding the Nations two lar
gest, today increased the cost
of selected steel items In the
second round OF the industry's
piecemeal price adjustments.
Posting higher prices for
bars. rods, wire and tubular
items were United States Steel
Corp. Bethlehem and Inland.
They followed the lead set
last week by Republic Steel,
Undertaking producer, and
other smaller firms.
For United States Steel II
meant further abdication Of
It's leadership role in price adj
justments since World War II.
Early last week Armco, No. Z.
took the initiative by raising
prices on fiat rolled products
an average Of $3.50 a ton.
United States Steel and In
land said its increases. effec-
tive today, average about 3 per
cent.
Bethlehem said 1t was rails
ing the prices. effective tomor-
row. of hot rolled plates, struc-
Aural shapes and sheet piling
by about 3i4 per cent. Special
alloy plates and high strength
steel blades also are included
in the latest revisions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
CHICAGO
LIVESTOCK

CHICAGO, Aug. s. R-tUsDA)-
Hogs 1000; moderately active; steady
to 25 higher on most butchers: closed
slow; only steady on few lots; sows
s sesvs Uneven 5 Rv5 mostly p hShsF
butchers Comprised bulk; No. j butch
ers scarce; 80 l95-270 ID butchers
23.00-23,25; a few lots ID 210-23O
lbs % .95-23.50; and 80 head lot Is
high Welding II lbs 90; a small
volume 2-3 esO-3OO lbs 22 .50-23 90;
an and % d few mixed grade lots l9S-i9G
lbs 81 .OO-22 90: few 260-30O lbs
22 s5-22.75 small volume 1895
Cattle 5000: calves 100: supply in.
steers and heifers carrying from Mon.
DAY market on slaughter steers and
heifers weak to so lower; COWS steady
to 25 lower; bulls weak to so lower;
vealers steady to strong; stockers and
prime ,2S3 ID. steers 27.75; few
loads mixed choice and prime 100.
1850 ID. 26.00-26.75;: LOO lbs al
1915; over 1,150 lbs 26.00-26.2J;
good "a, high choice 23;75-25.75; some
23..5-e35O; several loads 925-1 ,025
ID. heifers choice with a prime END
x .3O-25 ~; most good and choice
Y 00-25.90; utility and standard
@0.00-3I .0O utility and Commercial
y 100000: Gamers and cutters
15.00-1S.50; a few light Gamers down
70 400: most utility and commercial
bulls 2l.QO-23;0 90; most sood ana
f % yessrs 81. 2s Soo3 ss az ss s SGEn
steers 1926 load medium and good
S65 lbs. 1918.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05

market. Lower interest costs
on the money we borrow en-
abled the corporation 10 reduce
its finance charges TO borrow
ers and our competitive situa-
ton Is good. Our conservatinR
lending policy continues to re-
quire all borrowers to possess
at least a one-third equity In
all automobiles financed and
limits loan maturities TO q
maximum Of 80 months. While
our loan volume unquestionably
could be increased by relaxing
these requirements, we believe
that our policy serves the best
interests of our clientele and
our stockholders"
The report showed during the
first half Of this year the cor
poration loaned $6.358.073 to
4,087 borrowers. This compares
with loans totaling $7.525, 1913
to 1850 borrowers during the
similar 1857 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
GIN Motoromu Show
To Open October Is

DETROIT, Aug. 5 (R.-Gen-
eral Motors will again intro
duce its new cars for 1859 at
the Motorama Show this fall.
The Seven-day show will
open in New York October Is
and run through october %.
Then it moves to Boston for
nine days November 8.
Using the theme 'imagina-
ton in notion" the motorama
includes the complete line of
1859 model Bucks. CadillacS,
Oldsmobiles, Pontiacs and
ChevroletS, along with a half
hour stage show.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
Royster Named
Editor of Wall
Street Journal

NEW YORK. Aug. S (R.-
Vermont c. Royster has been
appointed editor Of the Wall
Street Journal. He succeeds
William II. Grimes. editor since
1871.
Both men have won the
Pulitzer Prize for editorial
writing as well as other ma
tional awards.
Mr.. Grimes. "a. win continue
TO be associated with Dow Jones
a. Co. Ic., which publishes
the Journal. ana with the Jour-
nal as vice president and as
contributing editor.
Mr.. Royster. a.. Joined the
news stan In 1895 and has been
senior associate editor since
1851. He won the Pulitzer Prize
In 1858.
Mr.. Grimes joined the Jour-
nal staf In 1873 and won the
Pulitzer Prize in ls47.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
YOUR
MONEYS WORTH
Golden Worries'-Aqoin

The old Jews had a phrase
for it-'oolden Worries. They
would use Il when some man
would make q lot Of money and
suddenly. instead OF working
hard but fairly happily 10 earn
q living. he would spend his
time worrying how 10 preserve
and increase his hoard. Thus,
the expression Golden Worries
was coined and that Is what
the men in Wall Street have
today.
This tale couldn't be more
appropriate or revealing than
right now. For against a back
ground first Of 1854 recess
sion and now. Of strong-but
not sensational-revival. the
stock market has been surging
up, up. UP, virtually without
interruption. b.. In Washing
ton and Wall Street, astute OBJ
servers see what's developing
and are acutely aware Of its
potential dangers. >"
These were the opening sem
fences OF a column ! wrote on
December Z. 1854.
With a change Of only a
couple Of dates and statistics.
that entire column could be re-
printed and be as apt on this
fourth day Of August, 1858.
New Squirt Cited -
For again the stock market
has been squirting with start
ling rapidity and persistence.
AS in 1854, the stock price
rebound got underway when
the recession news was the
blacklist. In the face Of some
dreadful earnings reports and
even dividend cuts, stocks have
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
80 Successful
In CPA Tests

The names Of 80 successful
candidates for certified public
accountant certificates, includ-
ing nine Washingtonians, were
made public today by the Dis
trict's Board of Accountancy
The examination was held in
May.
Seven of those who passed
we're from nearby Maryland
five from nearby Virginia and
II were from various other
States, the board said.
The names of the successful
candidates follow:
From the District of Column
bia: Howard M. Bander,
Thomas E. Boyce, Robert H.
Cooper, Jesse A. Kaiser, Mat
thew C. Kessler, Robert H. Med
ford. Borah M. Perlmutter,
Robert A. Phillips and Merle
H. Robinson.
From earby Maryland
Benedict Cosimano, Donald r.
LAMAR, Roger A. Martin, Nit
chell Morris, Karl Dewitt
Mullen, Robert A. Pitt and
Marvin B. Riibner.
From nearby Virginia: Rob-
ert A. Emken, Robert c. Foote,
Leonard L. Glauberman, Will
liam A. owens and William
H. Sherker.
From other States: Harold ],
Corwin, Florent A. O'clock,
Robert H. Geer, Jack c. Haul
pin. Kennon D. Heusinkveld,
Malcolm o. Rooms, Alexander
j. Kuhn. Allen Lazar, Edward
Lemanski. Richard H. Miller,
Miss June Ota, Donald B.
Podell, Herbert H. Scanlon,
Carl E. Smith, Herbert w.
Voege, Robert Weber and Mil
ton l.. Wright.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
ThiokoI Chemical
Plans OFFERING

NEW YORK. Aug. S (R.-
Thiokol Chemical Corp. said
today it is planning an offer
ing of common stock to share
holders on the basis Of one new
share for each IL held.
J. W. Crosby. president. said
the offering would probably be
made early this fall. Long term
debt financing also is being
considered, he added.
Common capital stock out
standing numbers l,265.855
shares, indicating that about
los, 900 shares would be offered
to shareholders.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
Change for Grummon

BETHPAGE, N. Y, Aug. S CF1.
.-Grumman Aircraft Engineer
ing Corp. which has built only
military and naval planes for
many years, viii return to the
commercial market this month
with the first flight Of It's prop
Jet executive transport. The
Gulfstream.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05

dieselization, INFLAMMATION Of
maintenance operations, and
automatic income experiences
in postwar years. These EN-
ciencies. along with BENEFITS OF
higher freight rates. are likely
TO offer an early return Of bet
ter net income prospects with
profits Of 1858 Of perhaps 1925
a common share. In the siS
months ended June 1858. Sea-
board earned $i.5l a common
share, a reduction Of rs pei
cent from net income equal
to $2.04 in the like period a
year earlier. The dividend was
reduced in the past first quar-
ter to an indicated rate of 81
a share annually, and appears
reasonably secure. The yield
Of SO per cent is liberal and
the shares trade IS per cent
under their 1855 high Of A and
three-Quarters.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
Exchange Completed

NEW YORK. Aug. S (P).-
Litton Industries, Inc, COM
pleted the exchange of an I'M
disclosed amount of common
and preferred stock for all out
standing stock of Airtron. Inc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
Suburban Trust Listed
As 216th In Nati0n

Suburban Trust Co.. with IA
branches in nearby Maryland
today reported a significant
rise in rank among American
banks.
The company noted that
American Banker. a trade pub
LEGATION, has listed 1t 216th in
size-based upon total de-
posts.
This marks a climb up l3
rungs in the banking ladder in
the last six months, Suburban
Trust spokesman said. The
rankings are published semi
annually. and Suburban Trust
was 229th at the start of this
year.
The same list, the company
revealed. has Riggs National
Bank Seth, National Bank OF
Washington Goth and American
Security 81 Trust Co. 92d.
Suburban Trust lays claim
to fourth spot among Wash
ington area banking houses.
Its total deposits, according
to American Banker, are
SIT, 564,37l.50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
l75Workers Recalled

NEW YORK, Aug. S -tP.-
B. F. Goodrich Co. recalled
about ITS workers at Akron
plants in July. The big tire
company currently has more
than 5000 on the Akron pay
rolls.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
Government Employees Corp.
Reports Profits Rise

President Lorimer A. David
son Of Government Employees
Corp, in a semiannual progress:
report, told stockholders net
profits after taxes for 1855
first six months were $196, 780
which compares with $186, 49,
earned in the similar 1857 Pc
riod.
Mr.. Davidson wrote: THE
automobile industry sold ar
estimated 2,37l,000 new cars
in the first half of this yeal
compared to 3,070,875 in the
first half of 1857. This decrease
in automobile sales caused oui
loan volume to decrease. A
slight improvement in loan vol
ume is anticipated in the fall
when 1859 models will come tc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05
'' 70 BUSINESS
Investment Potential
Of 3 Railroads Cited
BY WILLIAM A. MILLEN
star stan Writer

Investment potentales the stock Of three railroads
that serve Washington subject today Of comment by the
New York Stock Exchange member Francis DUPONT Co..
With ofces In the Wyatt Building, New York and
fourteenth street NV.
Concerning the baltimore a. Ohio Railroad the study said:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-05

IN weighing representation
In the railroad industry, sight
must not be lost Of the fact that
the Baltimore a. Ohio Railroad
Is one Of the most highly lev
eraged equities in the trade.
and II the hoped-for recovery
in business conditions. particu-
larry In steel and coal demand
wherein B&O's fortunes largely
lie. is realized during the
final months Of this year.
marked betterment in common
share earnings will result.
.Full-195s profits undoubt-
edly will be well below the $3.50
q share before funds of 1857.
but could very we'll top the
$3.50 a common share level
this year. we believe. Common
dividends, presently at q 81 a
share annual rate. totaled $3.50
a share in 1856 and 1857, when
the stock reached SO and So
and five-eighths in the reSpec-
tive periods. With subStan-
TALLY high earnings and divi-
dends likely in a better bust
ness environment, the highly
leveraged BIO common shares
appear attractive for specu-
lative accounts, we believe"
Southern Holds Steady
Regarding the Southern Rail-
way, it had this to say:
Southern Railway, currently
considered one Of the better of
the rail issues, has weathered
the depressed first half Of this
year is an admirable fashion.
Revenues of $123.5 million for
this period are only moderately
below the $3.50 million in the
like period of a year ago. while
earnings at $1.99 a common
share lin satisfactory.
though below the comparable
S2.46 a common share of 1857.
The $3.50 a common share an
nual dividend appears secure,
with earnings for the full year
1858 estimated at a minimum
of 81 a common share compared
with the $4.79 a common share
of last year..
"Reflecting the rapid indus
trialization of the South and
aggressive management policies.
the road has more than tripled
net income per share on a 20
per cent gain in total operating
revenues during the past dec
ade. We currently recommend
these shares for well above
average income and apprecia-
ton"
Cnoknar1 Inc CtahIa