davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-19
YOUR
MONEYS WORTH
Next Recession-7o67?
" SYLVIA PORTER

inevitable. 1861 could be the
time for one.
@. Can't we make these pc
riodic downturns a lot less
painful?
A. Sure We can. We have
made significant progress in
moderating our recesSions-
primarily through unemploy-
ment insurance and social Sc
curity payments-and we car
do much more. We can and
should improve our unemploy-
ment insurance program.
We can do a great deal with
the potent weapon of taxes BY
reducing taxes in times of re-
ceSSion. raising them in times
Of boom.
Efforts Tagging
q. Won't tight money hasten
the next recession?
A. Tight money is one of the
two areas raising questions
about the life of the boom, for
1t will restrict the flow of money
into mortgages and lead to a
showdown in housing. We have
taken this housing showdown
into consideration in our fore
casts. however. The other area
which presents a problem is
our tagging exports. We ex-
pect our exports to increase,
but these two areas demand
watching.
Q. Can we have a boom and
high employment without in
f1ation?
A. Yes, if we do two things:
Cd Balance the budget and
keep restraints on the supply
OF credit in times of prosperity
and high employment;
~ Hold the average annual
increase in wage rates to 3 per
cent. This 3 per cent rise would
be in line with the growth of
our economy's efficiency and
wouldn't be inflationary.
We are making progress on
both counts.
:, distributed 1859 by The Hall Syn
dlcate' Inc. AL RightS Reserved.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-19

aeau1nB the economies re-
search department Of New
York's largest bank are two
young economists who are
gaining a reputation for
shrewd analysis and accurate
forecasts.
They are John D. Wilson and
William F. Butler. vice presi-
dents Of Chase Manhattan
Bank. When I had the priv
ilege Of lunching with them
recently, I seized the chance
to ask questions which I know
are on the minds of many
Americans today.
@. How long do you think
today'S business boom will last?
Why?
A. The expansion should
continue right through 1859
despite some showdown because
of the steel strickland it
should develop into very great
prosperity in 1860.
Two Forces Cited
The major force behind the
upSwing is rising spending by
business for new plants and
equipment. Corporations will
be investing in modern factor
les this year and next not only
to increase the efficiency of
their operations but also to
turn out the new products
they're now ready to bring to
market.
The second force which will
spur us on is continuing and
rising spending by consumers
as their incomes climb. And
if the new car model appeal to
the public, 1860 could be a
spectacular auto sales year.
@. What happens in 1861?
Another recession?
A. There will be another re-
cession in the next two or three
years, although it's too early to
foresee its precise timing. The
pattern since World War II
suggests the recession could
start in 1861, though.
@. Why do we have to look
forward to another recession?
A. We are an economy of
growth and the definition of
growth involves change. The
process Of change in our coun-
try usually has meant a too
rapid upswing in periods of
expansion-thereby creating a
necessity for periods of recess
sion so that we can consolidate
the gains.
BY 1861 this advance-which
began in April, 1958-will be
pretty "old" by past standards.
and since periodic adjustments
IN the form of recessions are
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-19
Earnings
Smith, Kline g. French i

Smith, Kline g. French in six
months ended June 80 earned
$12,884,807 or SO cents a share
VS.. $9,9O1,436 or 60 cents in
1858 period.
Corning Glass Works in "a
weeks ended June IA earned
IS11,765,538 or S1.73 a share VS..
S6,633,269 or 81 cents in 1858
period.
Gould National Batteries in
year ended April 80 earned ST.
792,072 or 1929 a share VS..
$2,951,118 or $3.72 in 1858.
ACF Industries in year ended
April 80 earned $2,720,000 or
IS1.92 a share VS.. $8,760,0OO or
$6.18 in 1858.
FiltrOl Corp. in six months
ended June 80 earned $780,
900 or $1.37 a share VS.. $751;
900 or $1.21 in 1858 period.
WOOdall Industries in nine
months ended May 81 earned
$843,l8 or $2.10 a share VS..
$884,925 or $2.12 in 1858 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-19
CAPITAL SECURITIES
BONDS

observation-disclosures STOCK EXCHANGE
TRANSACTIONS for the 1859
Compiled by Exchange
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-19
OVER COUNTER

The following bid and asked prices
are obtained from the National Asso-
other sources but are unofficial They
40 not represent actual transactions;
they are intended as a guide to the
approximate range within which these
securities could have been sold (indi-
Gated BY the ''bid'D or bought (indi-
Gated by the "asked") at the time of
compilation moon. Friday. Origin Of
any quotation furnished on request.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-19
ADVERTISEMENT
HOW FRIENDS
ADVICE GOT NE
$4,000
BY a Wall Street Journal
Subscriber

One day l went to see a banker
friend about a loan. He asked
a lot of questions about my job.
"Do they pay you weekly?"
he asked.
very weakly"I replied, try
ing to smile.
Well, 1 didn't get the loan,
but / got some advice. Among
other things, he told me to read
The Wall Street Journal. He
said that it should help me get
ahead in my job.
That was two years ago. I've
been following his advice ever
since. l earned the money I
needed, instead of borrowing.
Last year my income was
$4,000.
The other day l dropped in to
see my friend at the bank. This
time he was ready to give me a
loan. II don't need it," said.
Il just wanted to thank you for
your advice, and open an
account"
That is the wonderful thing
about The Wall Street Journal.
A few minutes daily reading of
that amazing newspaper has
put thousands of men on the
road to increased earnings. The
Journal helps salaried men
making $500 to $25, 900 a year.
It is valuable to small business
men. 1t can be of priceless bene-
fit to ambitious young men who
want to win advancement.
The Wall Street Journal is
the complete business DAILY.
Has largest staff of writers on
business and finance. The only
business paper served by all
three big press associations. 1t
costs $24 year, but you can
get a Trial Subscription for
three months for 81. Just tear
out this ad and attach check for
81 and mail. Or tell US to bill
you. Address: The Wall Street
journal, A Broad St., New York
4, N. Y. WIS 7-l9
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-19

unit Of trading 10 shares or sales In full Rates Of
dividends IN the foregOing table annual dsburse.
ments based the last quarterly semiannua deca.
ration Unless otherwise noted. special extra divi-
nga rate plus stock dividend; Declared or paid in
1853 Plus stock dividend. e Paid last year fPayabl
in stock during 1853. estimated cash value on exdivi.
aend or redistribution date Declared paid far
this year; Declared paid after stock dividend or
splitup Declared paid this year, an accumuative
issue with dividends in arrears p Paid this year,
DIVIDEND meeting Declared or paid in 1858 plus stock
oviaend Payable IN stock during 1883. estimated
y Mqqldating dividend. cid Called. tx, dividend
KIDS Elk distribution. xr Elk rights Nv Without war.
rants. WV With warrants wd When distributed wi
When issued. nd Next day delivery q In bankruptcy
or receverShip or being reorganiZed under the Bank
rupcy Act, or securities assumed BY such Companies
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-08-02

william Wylss, one of HollywOOd's
most eminent producers, is putting
the finishing touches on Ben
Hur," scheduled for release in
November. This l5-million-dOllar
spectacular is expected to be one Of
the top-grossing films of all time.
"EUeFy sign Is favorable" says
WyIev, ''but Of course only the
public can tell us sUhetbeT or not
it's q real smash"
To make his point, the producer
recalls a time when Hal Newhouser,
destined to become a great left
handler for the Detroit Tigers, first
faced the champion New York
Yankees in a spring training ball
game. Bill Klein was calling balls
and strikes. Newhouser disposed Of
the first two hitters, then frightened
his cap as the great Joe DiMaggiO
came up.
NewhOuser whipped over fast
one. ''Ball one," decreed Umpire
Klein. Newhouser obviously dis
agreed. His annoyance mounted
when his next pitch also was ruled
a ball. He 6dgeted, then delivered
another blazer. Ball three" said
Klein, and looked the other way
while Newhouser stamped around
the mound.
There was no question about
Newhouser's fourth pitch. because
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-08-02

Roman gladiator, however. when
with playwright Carson Kanin one
evening he attended a London bac.
chanalia celebrating the opening Of
a new musical at the Drury Lane
Theater. At the end of the festivi.
ties, cautious friends suggested
that under the circumstances
Olivier and Kanin would be safer
to put their car in a garage. and
proceed to DIVERS country place
by train. Continued on page 3
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-08-02

Joe DiMagGo knocked it over he
left-6eld fence. As Joe rounded
third base, Umpire Klein took Of
his mask, walked halfway to the
pitchers mound, and told New.
houser softly, "You see, sona
When it's a strike, Mr.. DiMsgsio
SUiu tell you sol"
eff 'Ben-Hur' is a triumph"
concluded Willy Wyler, THE pub.
lie will tell US sol"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-08-02

Sir lavrenee
Olivier has also
been prominent
in Hollywood 70
Gently, emOting
in another Ro.
man epic called
"Spartacus." He
looked nOthinga at
all like a stalwart
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-08-02
Lights! Action!
Laughter!

Here's collection Of stories they are
telling behind the wide screen
The Sidney herald., 1959-05-20
R.v. K~eey % 0sAve>
HaeeaAau,eats Sermon

The Reverend Benjamin Knopp
of the Ebenezer Congregational
Church will deliver the baccalaur-
cate sermon to the senior class at
Sidney High School auditorium
May "a at 8 o'clock pm. He
titled his address, 1.-THE Power To
Become"
The Rev. Knopp has a BA.
degree from Yankton College,
Yankton, So. OAK, He received
his Bachelor of Divinity degree
from the Pacific School of Religion
at Berkeley, Calf.
The Professional will be played
by Bonnie Hauk. The Rev. Will
lam McNutt will speak the in
vocation and the benediction.
"Sanctus and Hos4nna-Mo-
Fart, and How Lovely Are The
Messengers" - Mendelssohn, will
be sung by the Concert Choir
under the direction of Lee Jenn-
ings.
Ruth McNutt will play the
Recessional and H. F. Mikelson,
Superintendent of Sidney Public
Schools, will preside.
The Sidney herald., 1959-05-20
An Open Letter

Dear Alumni and Friends of
Sidney Public Schools:
For 35 years seventh grades of
Sidney have reflected upon 10
Rogers often quoted, "Have you
ever stopped to wonder?" For 20
years our older students have
been reminded, by the man with
the visor, Mark Fawcett, that
math, school, and study are a
serious business. Edna Fawcett
has for 9 years introduced the
first graders to the world OF books.
This spring after 70 years OF
combined service, these three
people plan to retire from the
teaching staff of the Sidney Public
Schools.
You are cordially invited to
attend an open house to be held In
their honor as a token of APP
probation for years Of loyalty and
CONTINUED ON PAGE 81
The Sidney herald., 1959-05-20

Sidney for the fourth straight
year won this meet and qualified
IA athletes for the Interscholastic
at Missoula which will be run
off this Friday and Saturday.
The Eagles rate a slight 4avorite
to win their third successive Class
A track crown. However, strong
competition is expected from
Lewistown, Western Division win
ner, Laural and Miles City. The
Custer County Cowboys suffered
a severe blow when their star
sprinter Paul Miller was injured
last week and failed to qualify in
the 220 and 100 yard dashes. He
did place in the broad jump and
440 yard race.
Sidney qualified IA individuals
and these boys along with head
coach Toby Kangas and assistants
Don Shading and John Grimstad
made the trip to western Montana.
Qualifiers with the events they
may compete in are: Richard Rein
Broad Jump, pole vault, discus
and high jump; Craig Price-100
220 and low hurdles; Jarold Peter
sen, high hurdles, Low hurdles;
Phillip Dynneson-mile and $50
yard run; Ron Harper-pole vault;
Ray Hundtoft-Broad jump, 220
yard dash; Al Mann-shot put;
Ron Munoz-pole vault; Gary Nc
Morris-shot put, Javelin; Ernie
Olness-Javelin; Marvin Rozelle
discus, Harold Sax, mile; Dennis
Williams, 100 yard dash, javelin;
and Jim Joslin, relay.
Out of this group Hundtoft,
Rein, Petersen, Joslin and
Munoz are completing their high
school athletic careers. In addition
coaches Kangas and Shading who
have accepted positions at Boze-
man will be directing Sidney boys
for the last time.
In the divisional last week Sid
.ey won with a 74k point total.
In second was Custer County with
81 followed by Glendive 4811,
Hardin Al and Glasgow 8.
Craig Price was individual high
man Of the meet with 1871 points.
CONTINUED ON PAGE o.
The Sidney herald., 1959-05-20

such reorganization should be
accomplished in a manner which
would result in better support for
office candidates from the grass
roots level and up.
The following persons were APP
pointed members of the Constitu-
ton and BY Laws committee:
Math Dasinger, Jr., Chairman,
Jack Knopp, Curt Ball and Mrs.
Ross. The Membership committee
was made up Of: j. T. Petrik,
Chairman, L. Sedlacek, George
Howell, Harold Wind, Maxine
Nutter, Otto Habedank and Mrs.
Ernie Poff.
All members present at the
meeting participated in a general
discussion of the political atmos-
phere of the State of Montana.
The next meeting of the Rich
land County Republican Club will
be held on Monday, June 9th, the
time and place to be determined
at a later date. The committee
chairmen were directed by Vice
President Petrik to submit their
reports at the next meeting.
The Sidney herald., 1959-05-20

~3AlhCloOiA, 1AlIlNipdl OOIldlu hln-
gerry, Math Dasinger, Donald Nut
ter, Kenneth Chapman, Walt Quill
ling, Harold Peterson of Williston
and Gene McCracken of Bainville.
In addition rs letters were read
by Ray Whiting from friends all
over the northwest. Many nice
things were said about these two
individuals and no one deserved
them more.
Through the efforts of these two
men Sidney has risen from the
bottom to one of the most feared
athletic powers in the state of
Montana.
Sidney teams have won three
state basketball championships and
two state track titles plus many
other honors.
Dan c. Price acted as toat-
master and summarized the broad
advantages Sidney has had while
Toby and Don have been in our
school system.
Gifts from the Sidney Booster
Club were presented to both
coaches as well as their wives
Phyllis and Jean.
An excellent smorgasbord meal
was served by Chef Hank Under
wood and his staff.
The Sidney herald., 1959-05-20

provement in earnings on the
Montana telephone properties
Earnings are now under -four
per cent and are expected to drop
even lower this year in the face
of continuously increasing costs
Of operation.
The company asks the commits.
sion to make a finding on thu
value OF the company"s proper.
ties and to establish a fair rate
OF return to be applied upon the
valuation SO determined. Rates
would then be set to fit the COM
missions findings.
THE company has spent about
$50,200,000 on new construction
in Montana in the 5k years since
the last increase in telephone
rates an September, 1883" ac-
cording to X. P. Todd, vice pres
ident and general manager. He
pointed out that increased rev.
enues from more telephones and
more calls havn't met the COM
bined impact of initiation, higher
taxes, wage increases following
collective bargaining and other
increased operating costs.
IF a company is to be able to
give efficient service to its us
toners and keep pace with the
growth in the state it must be
allowed to earn its way" Todd
concluded.
The company previously filed
CONTINUED ON PAGE 14)
The Sidney herald., 1959-05-20

I'VE are very gratlfled by the
response to u call for Poppy
Day volunteers" said Mrs. Mar
ron. 1.-THE response has been enth-
usiastic from Jul own .organiza-
ton, the American Legion Auxil-
larry, and from other groups of
young girls and boys. Some are
able to serve only part of the day,
but all are welcome to take part in
this patriotic effort.
"All, Of course, are giving their
time without pay, working with
the hope that they can help keep
bright the memory of those who
gave their lives for America. We
hope that everyone will under
stand their purpose and will meet
these volunteers with a smile.
Everything contributed to the pop
py workers will go to help support
the A~uxiliary's activities for the
welfare Of disabled veterans and
needy children of veterans"
While the whole world hopes
that war Is a thing Of the past,
many veterans still are fighting
a daily battle from hospital beds.
AS part of their occupational Their
apy program, these men have
made the bright red memorial
Poppies that volunteer workers
will be handing you on Poppy
Day.
The winning posters in the con-
test sponsored by the American
The Sidney herald., 1959-05-20

Prior to his appointment to the
MISC faculty in 1855, Mr.. Fell
baum was superintendent OF
schools in Helena. He has also
served in the same capacity in
Antelope, Froid, and Plentywood.
On the MISC campus he Is con-
sidered an inspiration to would
be" teachers and Is in deVland as
a program speaker throughout
the state.
MI. Fellbaum graduated from
Montana State University in 1888
The Sidney herald., 1959-05-20
Telephone Company Asks
Public Service Comm.
To Set Date For HEARING

The Mountain States Telephone
and Telegraph Company today
filed a petition asking the Mon
tana Public Service Commission
to set a hearing date to review
the Company's current operations
in the State and the need for i'm
The Sidney herald., 1959-05-20

Band. The invocation will be
spoken by The Rev. Bernard Nc
Lain as will the b~enediction.
Symphony No. S In E Minor
(New WORLDLY" by Dvorak (the
first Move1nent) Will be played
by the Sidney High School band
under the directfin Of Mr.. Strom.
Lorna MikelDon will give TIE
va1eddctory address and Keith
GroShart will present the class
memorial.
Principal D. B. Kingery will
present the class to Mr.. William
Rounce, Board of Trustees Mem
CONTINUED ON PAGE 81
The Sidney herald., 1959-05-20

been donated for this game to
stimulate interest in help for
crippled and retarded children.
The Sidney Radio and TV will
give a table Motorolo radio;
B & ] Shoe and Saddle Shop a
pair of Tony Lama western boots;
and Quincy Electric will give a
dog-a-matic weiner cooker.
Tickets for this game may be
secured at the Sidney Police Sta
ton or from one of six high
school girls who will anvas the
town.
The Sidney Police Department
solicits your support in this pro-
ject which will be continued from
nov on as an annual event.
The Sidney herald., 1959-05-20
Ray whiting
Named Head
Sidney Jaycees

Ray N. Whiting, Insurance rep
resentative, was elected to head
the Junior Chamber of Commerce
for the ensuing year. Ray has
displayed prominence in sports
and youth activities in Sidney. He
IS married and mas three chill
dren.
He will be assisted by Exter-
nal Vice President, Charles Met
ully and Internal Vice President,
The Sidney herald., 1959-05-20
COMMENCEMENT IN
EXERCISES SET
FOR 50 CLASS

The forty-ninth annual Commencement exercises of Sid
High School have been set for May q at 800 pm. in the
high school gymnasium. Superintendent H. F. Mikelson will
preside.
Earl H. Fellbaum, associate professor at Montana State
College, will be the guest speaker. The title of his address is
whats Right With The World"
The Sidney herald., 1959-05-20

nually by the Montana State Uni
versity Endowment Foundation.
Miss Mikelson has been in
vited to the campus for final tests
and interviews during Interscho-
1astic, May %, %.
Several of the finalists will be
awarded full-fee scholarships for
a year of study at the University.
Particle scholarships may be
(CONTTNUED ON PAGE 81
The Sidney herald., 1959-05-20

chosen were Mrs. Ben Hubley, 1st
vice president; Mrs. Helen Ben
son, End vice president; Mrs.
Hazel Houglum, secretary : trea-
surer; Mrs. j. F. Murphy, histor-
ian; Mrs. Mike Herman, chaplain:
Mrs. Reuben Breitling, sgt.-at-
arms; Mrs. Clarence Breitling,
asst. Sgt.-at-arms. Mrs. Ethel
Ramus, Mrs. Leslie Williams, and
Mrs. Eva Carey YER named to
CONTINUED ON PAGE 81
The Sidney herald., 1959-05-20
NETTIE OLSEN
NAMED LEGION
AUX. PRESIDENT

The American Legion Auxiliary
Of, Richland Post No. IL named
Mrs. Nettie Olsen as president
for the coming year at their
meeting Tuesday evening in the
Legion Hall. Other officers
The Sidney herald., 1959-05-20
Corps OF Volunteers
Answer Poppy Day Call

A large corps of volunteer workers has been recruited
to bring memorial peoples to everyone in Sidney on Poppy
Day, to be observed here on Saturday, May %, Mrs. Martha
Marion, Poppy Day Chairman of the American Legion Aux
iiary has announced. The women volunteers will be on the
streets throughout the day offering vereran-made peoples to
be worn in honor of the nations war dead.
The Sidney herald., 1959-05-20
Sidney Senior % Take
W1rAy SehoEa, ls,t

Lorna Mikelson, Sidney High
School senior, Is one Of rs fin
alists selected from a group of
more than 325 candidates for the
Worthy Scholar award given an
The Sidney herald., 1959-05-20

and since then has received a
masters of art degree IN educa-
ton administration from the Uni
versity Of Minnesota and has done
graduate work at the University
of Washington.
The Professional will be play
ed by the Sidney High School
The Sidney herald., 1959-05-20
HIGHLAND CO. REPUBLICANS
HOLD ORGANIZATION MEETING

At an organization meeting of the Richland County Re-
publican Club held on Monday, May IL at the Moose Hall,
Dean Beck was elected President, J. I. Petrik, vice president
and George Patterson, Secretary-Treasurer. At the close of
the balloting j. T. Petrik took the chair and presided during
the business portion of the meeting.
The Sidney herald., 1959-05-20
Friends Honor Coaches
Farewell Dinner

AT the Triangle Club last Sunday afternoon an excellent
representative group of friends and fans of coaches Toby Kan
gas and Don Shading gathered for a testimonial farewell din
ner for these long time Sidney mentors. Toby is completing
his thirteenth year at Sidney and Don his fifth. Both men are
The Sidney herald., 1959-05-20

dDlc Ol uOlllS.
The colorful costumes you will
see worn by this troup come from
all parts Of their home land, as
well as the national dances which
were originated between the years
1900 to 1900 and are still danced in
many clubs in Denmark.
The Danish Gym Team which
has been touring the United States
The Sidney herald., 1959-05-20
Eagles Win Divisional
Meet; Favored To lake
Class A Track Crown

The following records seemed to be the order of the day
last Saturday at Glendive when new marks were set in seven
out of the IA events in the Eastern Divisional meet.
The Sidney herald., 1959-05-20

fences with their Danish gymnas-
tics and graceful courtesy and
folk dances.
The performance will start at
800 and there Is room for every
one to see this sensational per-
Torrance. Tickets will be on sale
at the door for those that have not
purchased theirs in advance.
The Sidney herald., 1959-05-20
Benefit BASEBALL GAME
BE PLAYED HERE JUNE 7

The Wiliston Farmers VS.. Sidney Law enforcement
Officers baseball game will be played June 7 at 2 pm. at the
Sidney ball park. All proceeds from this game will go to the
crippled and retarded children of Richland County.
The Sidney herald., 1959-05-20

The summer recreation program
was discussed, and the following
event and ac9 vities will be spon-
sored by the Recreation Dept.
baseball, swimming, archery, ba-
ton, tennis, softball for both men
and women, and horseshoe. 1t
was decided to ask the school to
sponsor the music activities for
children.
The Council voted to send Dfrec-
tor Buehler and President Eicholtz
to the meeting of the State Re-
creation Association to be held in