davidaulloa/AmericanStories huggingface dataset:
The people's voice., 1959-08-14

jected, but was overruled several
times Wednesday when Leaphart at
tempted to show the telephone COM
pany had an increase in their total
state income. Booth insisted the hear
ing dealt exclusively with intra-state
business and total state, or inter state
business improvements were irrele-
want.
The witness was ]. F. Maher, Mon
tana accounting supervisor, who was
having terribly difficult time under
standing the meaning of the questions.
Leaphart brought out that there had
been a gradual increase in net operat-
ing earnings for the total state over
the past year and Maher agreed.
Leaphart asked "And there has been
no increase in inter state rates?"
Maher said, "No". Leaphart then
asked 'Is inter state business run
more efficiently" than intra state
business. Maher insisted there was
no connection between the two. All
company witnesses at the first hear
ing and so far in this one have in
sisted the business is being run at
peak efficiency.
The long hours OF cross exami-
nation are an attempt to obtain fig
ures on an intra state basis from
which protestants can formulate
their testimony and exhibits.
CONTINUED On Page Four)
The people's voice., 1959-08-14
6-Month u. S. Steel Profits
Rise To 1898 Per Worker

NEW YORK CITY-(CNS)-
u. S. Steel Corporation had larger
profits in the first half of this year
than any other steel company ever
earned in any 6-month period.
Net profits for the half year to-
tailed $255 million. That's 1898 for
every person on the payroll. 1t was
1910 of u. S. SteePs sales. 1t rep
resented an 81 % return on invest
ment for the six months Cor 17%
per year.)
The last previous 6-month record
was in the first half of 1857 when
u. S. Steel earned 1921 million.
The people's voice., 1959-08-14
Long-Runge Small Business
Research Program Is Discussed

Representatives of Montana's insti-
tutions of higher learning met Tues
day with representative of the
State Planning Board to discuss a
long-range program of research for
the benefit of Montana small business.
The meeting was called by E. o.
Sowerwine, Jr., director of the State
Planning Board, to consider alloca-
tion of the $4,000 annual grant to
Montana as part of the Small Business
Investment Act of 1858.
"This program provides for grants
of $4,000 each year for at least 10
years to study the problems of small
business in Montana stated Sower-
wine. "Since this is a long-range,
The people's voice., 1959-08-14

press Monday, Williams presented
facts provided by the Bureau of Pub
lie Roads which prove conclusively
that Williams was accurate in every
detail when on June 20, he exposed
the 21-fold increase in right-of f-way
cost on a 2.45-mile stretch of high
way on US 10 approaching Glendive.
Civilians at that time also made pub
lie letter from the BPR, dated May
10, which requested the Highway De-
partment to furnish additional in
formation to document your request
for this unusual increase in cost" of
right-o of-way.-EDITOR.)
Burns, in announcing Williams dis
missal on July l., justified the dis
charge by claiming that Williams had
been guilty of making certain un-
authorized and inaccurate press re-
leases" concerning the Glendive right
of-way question.
Immediately following Williams
June 29 release showing that the
right-of-way cost for the 2.45-mile
stretch of highway had jumped from
$4,000 to $375,000 between Sep
tember 1858 and May 1859, Highway
Engineer Fred Quinnell made light
of Williams statement, saying:
"Outbursts such as this are hard
to explain in any light other than
that Mr.. Williams apparently enjoys
the publicity he is receiving by these
and unauthorized state
ments of the past several weeks :"
Quinnell at the time also contended
that highway specifications for the
The people's voice., 1959-08-14

continuing program, Tuesdays meet
| ing was held to devise research prof.
ects which will most benefit small
business in Montana over period of
years. With cooperation among all
research groups in the state, we can
achieve maximum benefit from the
grants"
Those attending the meeting in
cluded:
Montana State College: DR.. Roy
Huffman, Dean of Agriculture; How
ard Huffman, Engineering Expert
ment Station; and DR.. Helmer Hole,
Agricultural Experiment Station.
Montana State University: DR.. H.
K. Shearer, director of the Bureau
of Business and Economic Research; !;
and DR.. Edward Chambers, School
of Business.
Northern Montana College: DR.. L.
0. Brockman, president; and Earl V.
Weiser, director of Public Informa-
tion and Research.
Montana School of Mines: Uuno
Hahinen, chief of Geology Division
of Montana Bureau of Mines and
Geology; and Frank Crowley, geol-
ogist.
College of Great Falls: Anthony
Ginalias, Department of Business
Education.
In addition, David Mair, supervisor
of Distributive Education in the State
Department of Public instruction, at
tended.
The people's voice., 1959-08-14

slowly as the protestants' attorney,
G. w. Leaphart, and their utility ex-
pert, DR.. Laurence Knappen, attempt
to literally drag specific figures and
statements out of company witnesses.
The problem of obtaining specific
information is compounded by re-
luctance on the part of the utility
witnesses to give straightforward
answers.
With an amazing agility telephone
company witnesses can turn a simple
question into lecture; their specific
figures presented in exhibits at the
first half of the hearing, when pre-
sented as comparison to some other
figure, are turned aside by such COM
ments as "that is not entirely true,
''well, that would be like comparing
apples and bananas, "it depends on
how you interpret the meaning of the
word depreciation" or ANSWERS
vary" or perhaps ''the figures aren't
comparable, "a number of factors
enter in.
Hearings such as these are much
more complicated than they would
be if the Public Service Commission
required company reports be filed
on an intra-state basis instead of a
total state basis.
HAD INCREASE
IN TOTAL STATE INCOME
Company Counsel Edwin Booth OBJ |
The people's voice., 1959-08-14
Highway Program Will Not Stop ;.
Forest Service May Get
$27 Million In New monev

ecy. to Sen. James E. Murray
, provements and insect and disease
control.
On the floor of the Senate, Senator
Murray said:
eve have been a1erted that tre-
mendous conservation effort must be
made in the next 10 years if the re-
source needs of our people are going
to be met in the future. We have a
diminishing natural resource base and
an expanding population. The only
solution is to develop, conserve, and
wisely use our renewable resources.
''I do not believe that we can deny
the needs of our people at home while
we continue to pour billions of dollars
abroad. If we are to help the other
nations of the world, and 1 think we
must, our first responsibility is to
keep ourselves strong. No one can
look effectively at the conditions of
our national forest resources and say
that we can delay as much as one
year the revitalization and conserva-
tion of these great federally owned
forests
Senator Mansfield said:
"We believe the Congress has made
enough savings in the overall budget
to demonstrate to the people that i'm
plementation of the forest program
now is sound. We also believe we can
make good case that by taking posi-
tive action on conservation program
with widespread interest we are doing
q job that our people expect and want
DONE"
The people's voice., 1959-08-14
Flash
Cracks Appear
In Telephone
Company Dixie

Re lentl less questioning oi
MST&T's George Steinhauer late
Wednesday afternoon and Thurs
day morning by protestants' counsel
c. w. Leaphart, Jr., substantially
tore apart Steinhauer's earlier testi-
mony and exhibits presented in the
first phase of the rate increase
hearing held last June 80, Gretchen
informed this office just prior to
press time.
Leaphart asked the utility's as
sistant vice president Steinhauer:
Hasn't Mountain States been able
to maintain it's credit and financial
integrity (under its present rate
schedule) with its stock at a mar
ket price of over $175, book value
of $1O9, and a triple-A rating
among investment circles?"
Steinhaure admitted the COM
pany has been able to maintain its
credit and financial integrity but
contended they have not been able
to save their shareholders from the
"ravages of initiation.
Public Service Commission At
torney James Robischon then asked
if MST&T and its stockholders are
MT to all intents and purposes one
and the same thing and the benefits
received are sometimes hard to
separate.
(Robischon was referring to the
fact that 81 per cent of the stock
of MST&T is owned by American
Tel. & Tel.-Editor.)
Leaphart, continuing his attack
on the credibility of company testi-
mony and exhibits purporting to
show the need for the FL to SO per
cent rate increase MST&T is cur
rently seeking, finally, under in
tensive cross examination of Stein
hauer brought the admission that
some of his exhibits, although pre-
sented as fact, had not been ana
lyzed as to their overall ramifica-
tions.
AS of Thursday afternoon, MIR.
Steinhauer was still under cross
examination. Vice President K. P.
Todd, Helena, was the only remain
ing company witness who had given
direct testimony at the June 30
hearing, yet to undergo cross exam
ination.
Following Todd will be presenta-
tion of direct testimony by COM
mission rate expert DIR Thatcher
and protestants' rate expert, DIR.
knappen. After Thatcher and
Knappen have testified counsel for
the utility will cross examine both
witnesses.
The people's voice., 1959-08-14

road in question had been revised
from two lanes to four lanes after a
traffic study following the September
1853 estimate of $4,000 for up
wards of 20 acres.
QUINNELL'S STAND NOT
BORNE OUT BY FACTS
Williams, in his August z letter
to Burns, points out that the Bureau
of Public Roads report of February
13, 1958-or seven months before
the $4,000 r/w figure had been
arrived at-approved details for
"four-lane highway" for the 2.45
miles of the Glendive North section
of US 10 scheduled for reconstruc-
ton.
Also in April 1958-or five months
before the $4,000 estimate was made
contracts were awarded for two sets
of parallel bridges to accommodate
four-lane traffic. One of these sets
of bridges is across Dry Creek; the
other, across Seven Mile Creek.
Concluding his letter Williams told
the commission chairman that "since
the facts upon which my press release
was (based are) true and can be
as true by your records
and since my discharge from highway
service was made on basis that this
press release of mine was inaccurate,
hereby make demand that l be i'm
reinstated to my former
Continued On Page Four)
The people's voice., 1959-08-14

The first half of the hearings were
held in Helena about six weeks ago.
At that time the telephone company
presented their witnesses and put
forth what they called the desperate
plight of Mountain States intra-state
income picture.
The outlook for quick conclusion
to this second-half of these hearings
is dim. Cross examination proceeds
The people's voice., 1959-08-14
Proves His Statements Accurate ;.
Williams Demands Reinstatement

Horace B. Williams 32-year veteran of the Highway De-
parment who discharged July because of what Com
mission Chairman Harry L. Burns termed inaccurate
releases given out by Williams has demanded reinstatement
to his former post of program engineer.
In letter to Burns dated August and released to the
The people's voice., 1959-08-14
ProestantspSS Find Questioning Difficult
MS&T Witnesses Shy Away
Firm Straightforward Answers
.orneys Find Questioning Difficult
By GRETCHEN BILLINGS


yearby tes & TIE. .Compan
profit.
The people's voice., 1959-08-14
PROGRAM

Another program involving Mon
tana roads received lot of attention
last week from Montanans in Con-
gress, particularly Rep. Lee Metcalf
who serves on the Ways and Means
Continued On Page Four)
Evening star., 1959-12-14
Earnings

Penna. Bell Telephone in 10
months ended October 81
earned $46.424.7O9 VS.. $685.
$40 in 1858 period.
Swift e. Co. in year ended
October 81 earned S19.067, 7,844
or $500 a share VS.. $10,048,372
or $l.70 in 1858.
RalStOn Purina Co. in year
ended September 80 earned
$l7,784,368 or $2.74 a share VS..
$l7,468,759 or $2.71 in 1858.
City Stores Co. in year ended
October 81 earned $2,331, 900
or 80 cents share VS.. $685.
600 or Sl.l5 in 1858.
Cudahy Packing Co. in year
ended October 81 earned 81
639,725 or SLAB a share VS.,
$2,670,628 or $1.46 in 1858.
Mercantile Stores Co. in 9
months ended October 81
earned $2,072,543 or $1.41 a
share VS.. $l,741,l99 or $1.19 in
1858 period.
| Western Maryland Rwy. in
II months ended November 30
earned $4,910,000 or $2.6l a
share VS.. S5,5S6,oo0 or $3.O3 in
1858 period.
Evening star., 1959-12-14
Motors Pace
Stock Rise;
Trading Active

NEW YORK. Dec. IA (AP).-
Motors paced a stock market
rise which gathered steam early
this afternoon. Trading was
fairly active.
Gains of fractions to more
than a point increased after a
hesitant start. Ford was popu-
lar, rising more than a point.
Chemicals, electronics, steels
and some coppers also did well.
Rails, building materials and
aircrafts were up on balance.
The trend was lower among
oils, tobaccos, airlines and rub
berS.
Week end news developments
were favorable. Record steel
production was anticipated this
week. Hopes were generated
that a rail strike may be
averted. Pre-Christmas retail
sales were reported excellent
and consumer-buying reflected
confidence.
Earnings projections for Ford
and Chrysler were encouraging
to investors. Chrysler added
more than a point. American
Motors made a similar gain in
a continued rebound from re-
cent sharp profit taking.
Corporate bonds were steady.
Government bonds were mostly
firm.
Evening star., 1959-12-14
CHICAGO GRAIN

CHICAGO, Dec. IA (AP) The
grain futures market scarcely budeed
today during the first several minutes
Trade.
soybeans developed firm prices for
q while on the distant months but
when gains reached major fractions
o1erines increased slightly.
Brokers said news development over
the week end included little informa-
ton OF either bullish or bearish in
slack but there was word OF addi-
tional -four buying bv the baking
industry.
Trade had virtually stalled near the
END, OF Of the FIRST hour with wheat
UNCHANGED to p cent a bushel lower,
December 81 .a5la; corn unchanged to
u higher December 81 0aaa: oats u
TO Il lower December 76's; rye y
lower to y hiEher, December 81 90;
Soyoeans - 10 . higher. January
In the wake Of last weeks sharp
break Of soybean prices, some broker
age firms expressed belief that one ma
ior, fundamental factor had been over
looked earlier
The strong demand that had carried
prices tn their highest levels ~ the
wear a little over a month ago was on
the premise that SoybeanS probs blv
would be- in short supply wen before
another harvest.
Speculatiye BUYING was heavy and
apparently hinged 10 repoHs that the
1859 crop OF about $50 million bushels
would not be more than equal to do
likely II would he less
Evening star., 1959-12-14
Trade Paper
Sees No New
Steel Strike

CLEVELAND, Dec. IA (AP) =.
"A record weekly production
of 2,690.000 ingots tons was
turned out by the Nations steel
mills last week, Steel Magazine
reported today.
Operations climbed 70 IS per
cent Of rated capacity, up IA
points from the previous week S
revised rate.
mills are shipping finished
steel at 80 per cent of capacity"
the metalworking weekly said.
Demand for fiat rolled stock
is so great that leading sup
pliers are altering their produc-
ton plans. diverting ingots
from production of less urgent
ly needed material to the sheet
mills. Some consumers are
showing interest in seconds and
rejects If the defects aren't
serious enough to jeopardize
the quality of their own prod
ucts:."
The magazine said that odds
are against a serious work
stoppage in the steel industry
next year. 1t predicted that
strong public pressure will pre-
vent another long strike at the
expiration next month of the
Taft-Hartley injunction which
ended a ll6-day walkout by
United d Steelworkers Union
members.
Although the union already
has indicated its intention of
resuming the walkout," Steel
said. either congressional or
executive action will nip the
stoppage promptly"
The magazine said the odds
are that before Christmas non
ferrous union and management
representatives will reach new
labor agreements for the next
two years, with settlements pos
Sible in both the aluminium and
copper industries.
Aluminium prices will go up,
perhaps even before a new con-
tract is signed. to avoid the
imitation tag" it added. There
will probably be and early jump
of l to is cents a pound, fol-
lowed by one or two advances
in 1860 of around half a cent
a pound"
Steel's price composite on
steelmaking scrap climbed 16
cents to $42.67 a gross ton last
week. A year ago it was $39.17.
Evening star., 1959-12-14
BUSINESS
BRIEFS

Henry Holt e. Co., Inc, and
Rinehart & Co.. Inc, both of
Manhattan. and John C. Win
ston Co., Philadelphia, an
nounced plans to merge. sub
ject to stockholder approval.
w. r. Grace e. Co. has sold
Foster & Kleiser Co. Vests
largest outdoor advertising
firm, to John w. Kluge, ac-
cording to a San Francisco Ex-
aminer report.
Evening star., 1959-12-14
CHAIN STORE
SALES
N. Y. PRODUCE

NEW YORK, Dec. IA ZAP, UsDA)
Butter offerings moderate. Demand
Spotty Receipts 20 days. SSg.OO.
Wholesale prices on bulk cartons fresh
Creamery, 93 score tAAI 65-65i4 cents
90 score tA) 6394-64, 90 score (BD
Cheese offerings adequate. Demand
improved. Receipts g days, $4,000
Wholesale sales, Ameciran cheese
whole milk. Single daisies fresh. 40
i3l2 cents; single daisies aged, 5O-53;
fats aged, 1852: processed American
pssteurized ) lbs, 3g-IOl2: domestic
swiss wheels grade a. 49-53; grade
b. 1880 grade C." 42-4S.
Whole egg offerings moderate. Re-
ceipts - days. G3,s6O. New York spot
quotations follow Midwestern. mixed
colorS, extras t4S-5O lbs 32a-33la:
extras 45-4s lbs.l. 3il2-32B: extras
Whites, whites, extras. l4s-5OlbsD 81
medium; 26-G1; smalls, 1924; STAN
dards large. 30-3ll: checks. o5-27.
80: extras (+5-4s lbs). 32-33: extras
medium, 21-2s Browns, extras $3.50
lbs.l, 32-33.
Nea by: whites. top quality 1850
lbsD, 36-40: mediums, 27-2S: smalls,
23-24. Browns, top quality t4s-50 lbs D..
34;35; mediums, 1880 smalls, 26i2-
pa.
Evening star., 1959-12-14
BALTIMORE
MARKETS
Quotations supplied by the United
States Agriculture Department:
Livestock Markets

Quotations supplied by the United
states Agriculture Department:
Livestock Markets
Cattle 1900 and calves 1875: slaugh-
ter steers and heifers not established;
cows slow and fully steady to strong,
bulls scarce and slow, early sales
steady, dealers in slaughter calves
moderately active, dealers steady,
slaughter calves strong, stockers and
feeders not established load 1854 ID
good slaughter steers 1918, few pack
AGES S45 to l145 ID good "a 5O-26. 90,
two small lots s50-S55 ID good slaugh-
ter heifers % 1924 20, small lots 735
ID standard 2l.O0; utility cows 1900
II 90, one lot mixed utility and COM
merclal l7.25, tanners and cutters
l35O-1550 so, light tanners down to
100; utility bulls l9:50.2i 90. in
1900 sood and aand choice 15o-250 lb
up, standards %. OOH 80. good and
choice 270-450 ID SLAUGHTER calves
20 .OO-25 90, one lot near $50 lb choice
270O. standard l6.0O-22
Hogs 800; few early butchers sales
about steady, but bulk OF sales fully
so cents lower; sows steady. "a
head lot US 10 l9S ID butchers
400 early, bulk mixed, No. 1-2 and
] 3 19O-22O ID. 1880: about 100 head
No l-2 1875, few lots No. l-3 and
2-3 2G5-250 ID. l2.15-l3. 25; mixed
No l-3 30O-500 lb. sows 9.OO-lO.5O.
Sheep, so. wooled slaughter lambs
nominally steady: smalls lots So ID.
choice lambs 2 so, one lot SO ID
utility 1900, few utility and good
ewes 4.00-5 90.
Evening star., 1959-12-14


Americans lost 81 million in an
oil stock promotion which had
a COW as its chief asset. Only
recently. gullible New Workers
poured $500.00O into a myth
cal racetrack scheme.
In one month, unwary in
vestorS dropped SIS million by
purchasing fraudulent securi-
ties costing only a few pennies
a share.
And throughout the Nation,
dishonest agencies and pro-
moters siphoned hundreds of
millions from legitimate phil
anthropic organizationS-to the
detriment of the vast majority
of immensely useful, honest
and competently administered
charitable institutions of the
State and Nation.
The facts and figures may
be startling, even too fantastic
to believe. but they are true.
Majority Are Honest
The vast majority of Ameri-
cans are honest. But in every
field of human endeavor we
find a handful of INSCRIPTIONS
who operate in the shadowland
Of legality.
And charities are particular
ly vulnerable.
Untold and unnecessary dam
age is suffered not only by VIC
tins. but also by the majority
in the same fields of business
and in organized charities who
shun unethical practices and
adhere firmly to policy of
fair dealing with the public.
The most effective means of
coping with such problem is
a broad educational program TO
alert you-the American people
to the devious schemes used
to victimize and deceive you.
The wage Garner, the con-
sumer, the businessman, the in
vestor have a right to look to
the attorney generals of their
States for protection against
Scheming promo ters whose
practices can destroy public
confidence in a product, a trade,
an industry. a philanthropy or
in our great capital markets.
The public has a right to
look to the Attorney General
for prompt and vigorous prose-
cution of unlicensed practi-
tioners in fields where licenses
are required.
In the next four columns I
will show how millions of Amer
leans are deceived each year by
charity cheats"-to the detri-
ment of dedicated donors and
philanthropieS and Of those in
need.
Sound Advice Offered
Meanwhile. here's sound ad-
vice on giving from the Right
Rev. Msgr. James j. Lynch. for
mer director of New York Cath
.olic Charities:
Regardless Of legislation, the
basic answer lies in better pub
lie education. BY that. we mean
an understanding on the part
of the public that it can be
imposed upon, that it is not
enough to give, but that one
should also know to what he
is giving.
While charitable men and
women should maintain the
warmth of charitable hearts,
they should nevertheless exer-
else prudence in their response
to the appeal Of an unknown
organization or solicitor"
If you learn Just this one
warning and truly take it to
heart. you will not only be safe
against the cruelest of rack
Evening star., 1959-12-14

Hourly Sales or the exchange
IL 100 am $40 900 Noon 22o 600
loo pm 73o 900 2:OOpm 600 600
Unit of trading 10 shares or sales in
full. Rates of dividends in the foregoing
table are annual disbursements based on
the last quarterly or semi-annuaI decla.
ration Unless otherwise noted, special
or extra dividends are not included
a, Also extra or extras. Annual rate
plus stock dividend Declared or paid
in 1859 plus stock dividend Paid last
year. Payable in stock during 1853,
estimated cash value on ex-dividend or
redistribution date Declared or paid
so far this year. h Declared or paid
after stock dividend or splitup. k De-
clared or paid this year, an accumula-
tive issue with dividends in arrears.
p Paid this year. dividend omitted, de-
ierred or no action taken at last dividend
meeting r Declared OF paid in 1858 plus
stock dividend Payable in stock during
1858. estimated cash value, on ex-dividend
ur redistribution date y Lquidating div
ldend cid Called. EN dividend. x-dis tx
distribution XT Ex rights XIV Without war.
rants. WV With warrants. wd When dis
trlbuted. wi When issued. nd Next day
delivery q In bankruptcy or receivership
or being reorganzed under the Bank.
ruptcy Act or securities assumed by
such companies.
Evening star., 1959-12-14
Lead Price Drops

NEW YORK. Dec. IA (AP) .
The price of lead was re-
duced p cent by a leading GUS
tom smelter today, leaving the
quotation at 1912 cents a
pound.