davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
COMMODITIES

NEW YORK. July 25 (AP).-The
Associated Press index Of commodity
prices declined this week for the third
week in row.
The decline was far from even. how
ever. Three of the six commodity
groups advanced. The textile COM
ponent inched to new hieh. At the
same time, new lows were Set by the
livestock group and the grains and
cotton category.
The overall index Of 30 commodities
dipped to 1885 from 170.12 the
week before. 1t stood ct 1918 q year
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
YOUR
MONEYS WORTH
'How's 1t Going to End?'

fill the gaps created by any big
cut in defense spending and we
can take every step needed.
I'VE should put through in
Simultaneous tax cuts to release
spending cash into the hands of
consumers and businessmen.
We would start at once on the
programs we all admit are des-
perately needed for more
schools, water systems, roads,
middle income housing. We
would at last begin a real drive
for redevelopment of our cities.
1--WE can develop practical
programs to aid specific indus
tries and areas through the
transition. An improved unem-
ployment insurance program
would be of vital help. So would
a return to easy money. :"
The men around the table
listened politely. but as I halted
for breath, back came the cold
comments:
But the programs you sug-
geSt aren't on the books. The
public hasn't confidence they
will be put there in time. No
effort has been made to con-
vince Americans that what is
needed will be done to prevent
a transition to lower defense
spending from being cruel and
severe. ="
And as I protested, the men
continued with the game" and
the warning to each other that
unexpected peaceful" develop
ments might be the shocker
setting off the slump this time.
distributed 1859, by The Hall syndi-
cate, Inc. All Rights Reserved)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
~ SYLVIA PORTER

Increasing numbers OF us
are playing a game" around
the lunch and boardroom tables
in Wall Street today which is
guaranteed to cause shiverS
on the hottest day. We call it:
"How's it going to end this
time?"
The rules for the mental
exercise are simple.
First, we quickly agree that
the stock market has been in
a spectacular upSwing and that
while none of us knows how
high is high, many stocks co
appear fully priced. We also
note that financial relation
ships have become quite alb
normal when an investor can
get a much higher income from
a short-term Treasury security
than from lots Of top-rated
stocks.
Second, we quickly agree
that the shock which will trig-
ger the next stock market
break will not come from a di-
rection we expect. AS always.
most people will be caught off
guard.
Then, we put the question
on the table: What could be
the development that will send
stock prices into a slump this
time?"
One answer" which profess
SIGNALS are mentioning more
and more is: An unanticipated
acceptance by the West and
the Soviet Union of a plan en-
couraging both sides to limit
defense expenditures. 1t would
mark a start toward leveling
out of the Sal billion military
budget and toward gradual
cuts over the coming years.
This acceptance would be
properly hailed throughout the
world as progress toward
sanity. But, in Wall street the
pros would concentrate on the
extent to which a ceiling on de-
Tense spending might cause dis
locations in industry, major
layoffs and pay slashes-and
the stock market we'll might
shudder at what could happen.
Putting it bluntly: A glimpse
of peace and future relief from
the load Of ornaments spend
ing could be "it"-the trigger.
Cynical? Sure. The pros,
though, emphasize how even
the modest stretch-out in de-
Tense spending in 1857 chilled
the economy and paved the
way for the Hotpoint stock
market break in late 1857.
At this point in a game"
session this past week, I ex-
ploded.
Il won't take the insult to
our intelligence you imply. We
know what should be done to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
BUSINESS
BRIEFS

BituminOus Production in
the week ended July 10 totaled
100000 tons compared with
100000 in the previous vaca-
ton week and 7,535,000 in the
like week a year ago.-National
Coal Association.
Motor Vehicle Output last
week totaled l25,962 cars and
26,508 trucks compared with
l27,502 and PILL in the pre-
viouS week and $3.50 and 16,-
$40 in the like week a year
ago.-Ward'S Automotive Re-
ports.
Loans to Brokers and dealers
on other than Treasury securi-
ties held by member banks in
New York on July % totaled
$l,241 100000 down SAL million
from the previous week, but I'D
$3.50 million from the like week
a year ago.-Federal Reserve
Board.
Newspaper Advertising lin
age in So cities in June to-
tailed 236,97l,579 lines, up 4.7GS
from 1858; for 6 months 1884,
8SO,O27, up $50 from a year
ago.-Media Records.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
Stocks Higher;
Good Earnings
Reports Cited
BY SHEP CAMPBELL
Associated Press Financial Writer

NEW YORK, July rs - A
flock Of healthy corporate
earnings reports snapped the
stock market out of its steel
strike doldrums this week.
The Associated Press average
Of so stocks stepped up $l.40
to $23l.80. The Dow Jones in
dustrial index. which hit a new
closing peak Of 664.63 after the
midweek recovery, added $50
on the week at 663.72.
Besides the round Of SPAR
king corporate earnings. in
weston interest was ignited by
reports Of recent records in the
Nations output of goods and
services, cost Of living and per-
sonal income.
Even though the market
marked time at the end of the
week, many brokers insisted 1t
still has not exhausted the mo-
mentum Of its summer up
swing.
The weeks five most actively
traded issues on the New York
Stock Exchange we're: Hupp
Corp, up q at 7s4 on $4,000
shares; American Motors, 7O3s
at AN on 254,600 shares;
Burlington Industries, up Ia
at 24B on 10000 shares;
Studebaker-Packard, up % at
12A on l79,200 shares; and
Colorado Fuel g. Iron. up 2I4 at
30ss on 100000 shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26

Rates Of dividends in the foregoing
table are annual disbursements based on
the last quarterly or semi-annuaj decla.
ration. Unless otherwise noted, special
or extra dividends. are not included.
a. Also extra or extras. b Annual rate
plus stock dividend Declared OF paid
in 1859 plus stock dividend. Paid last
year. Payable in stock during 1853,
estimated cash. vlus on ex-dividend or
redistribution date. 6 Declared or paid
SO far this year. b Declared or paid
after stock dividend or splitup. kDe.
clared or paid this year, an accumula.
tive issue with dividends in arrears.
? Paid this yeal, dividend omitted, de.
terred or no action taken at last dividend
meeting. Declared or paid in 1858 plus
stock dividend. Payable in stock during
1858, estimated cash value, on ex-dividend
OF redistribution date. y Liquidating div.
idend, cid Called. Elk dividend. KIDS Elk
distribution. xr Ex rights. XIV Without war.
rants. WV With warrants. wd When dis.
tributed. wi When issued. nd Next day
delivery. q In bankruptcy or receivership
or being reorgamLed under the Bank.
ruptcy Act, or securities assumed by
such companies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
N. Y. COTTON

NEW YORK. July 25 (AP) Cotton
futures prices followed narrowly
irregular course this week and closed
unchanged to slightly lower Active
contracts on the New York Cotton
Exchange were unchanged to rs cents
a bale lower than the week before.
The nearer months we're bolstered
tied trade price-hxing. The distant
deliveries eased on scattered hedge
selling. tired long LIQUIDATION and a
Consumption by United States mills
in June averaged 32,S0O bales a day.
compared with daily average Of
IS, 100 in May and 29,S00 in June
last year.
Exports for the week ended Tuesday
were estimated by the exchange at
1900 bales, compared with $4,000
the week before and $4,000 in the like
1858 week The total for the season
through July 81 was estimated at -
100000 bales VS.. 5,523,0O0 last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
CHICAGO GRAIN

CHICAGO, July rs (AP).-Soybean
futures held almost all the attention
in an otherwise dull grain business
this week on the Board of Trade.
Except for one fast, decisive setback
on Thursday they have been the most
bullish commodity on the board since
last spring.
When the break came, they had run
UP gains Of about IL cents a bushel
in spots in eight trading days. The
steep slide however, knocked of about
four cents where the gains were the
broadest.
All grain dealings were slow and
without any significant influences any,
time during the week. Price changes
were narrow
At the end of the week, wheat was
unchanged to ia cents a bushel higher
than q week ago. September $685.;
corn l cent higher to 70 lower, Sep
tember 1.20ss-fa: oats unchanged to
"a higher, September new type con-
tract 6S-677s; rye UNCHANGED to "a
lower, September .29-2S7: soybeans
3s-194 higher. September 2l9ss-7s.
Range Of prices for the week:
WHEAT
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
Equitable Life
Assurance Marks
Its Tooth Year

More than 1000 agents and
field employees Of Equitable Life
Assurance Society Of the United
States, including a number
from here, will join in OBJ
servance Of the organizations
Tooth birthday in New York to-
day.
The observance will start this
afternoon when Equitable will
dedicate a time capsule on the
site Of its new 42-story home
office, now being constructed in
midtown New York at a cost Of
$50 million.
The 1000 agents, field en-
ployes and their wives from out
Of the city will join the COM
pany's 1900 New York employees
and hundreds Of distinguished
guests for the three-day CEN
tennial conference, which will
start tomorrow in Madison
Square Garden.
An outstanding feature Of the
program will be a report from
President James F. Oates. IT.,
on the society's record of growth
in its first century.
With assets now exceeding
SO billion, Equitable stands to-
day as the sixth largest bust
ness enterprise in the Nation.
Insurance In force exceeds $32
billion and more than $11 bill
lion in benefits have been paid
to policyholderS and benefici-
aries since the Society's found
ing.
At an Atlantic City confer
ence preceding the New York
celebration, John N. Sullivan,
jr., of Washington was elected
president of the company's
Managers and General Agents
Association.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
DIVIDENDS

NEW YORK, July rs (AP).-Divi-
dendS announced:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26

unit Of trading 10 shares sales In full Rates Of
dividends in the foregoinE table annual disburse
ments based on the last quarterly or desa
dends are not included Also extra or extras. An
nual rate plus stock dividend Declared paid in
u stock during 1859, estimated cash value on exdiv
dend or exdisributon date Declared or paid SO far
splitup. Declared paid this year accumulative
issue with dividends in arrears Paid this year,
dividend meeting Declared paid in 1858 plus stock
cash value on ex-dividend or ex-distribution date
y Lquidating dividend. cid Called. XXX dividend
kids Elk distribution. xr Ex rights XIV Without war:
rants. WV With warrants. wd When distributed wi
When issued, nd Next day delivery, In bankruptcy
or recevership being reorganiZed under the Bank
ruptcy Act or securities assumed by such companies
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-26
Earnings
Kennecott Conner in 6mnr

KennecOtt Copper in 6 months
ended June 80 earned $47,760,-
040 or 1892 a share VS.. $22,-
959,O71 or $2.O7 in 1858 period.
N. Y. Telephone Co. in 3
months ended June 80 earned
$3l, 073,769 or $2.43 a share VS..
$27,050,113 or $2.35 in 1858
period.
Continental Baking Co. in 10
weeks ended June q earned
$3,O75,942 or $1.52 a share VS..
$2,l78,S84 or $1.18 in 1858
period.
N. Y, N. H. e. Hart. r. r.
in 6 months ended June 80 had
a loss Of $3.277,543 VS.. a loss of
$4,962, 496 in 1858 period.
Other earnings included:
For Montha EndaA U,.. IN
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17
Sarah5viIIe TOT
Struck By Truck
Driven ByMo

David Espenshield, age 3, son
of Mr.. and Mrs. Earl Espenshield
of Sarahsville rural route l, re-
ceived several rib fractures and
possible internal injuries about
$50 p. m, Sunday, when he
darted into the path of a pickup
truck his mother was backing in
a driveway at their home, auth
critics said.
The tot was reported in fair"
condition Monday in Guernsey
Memorial hospital, Cambridge. 1t
was learned the boy broke loose
from an older sisters grasp after
she had been instructed to hold
him while Mrs. Espenshield was
turning the truck around.
He was rushed by his parents
to the office of a Caldwell
physician and then removed to
the hospital in McVay ambul-
ance.
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17
Slick Robbery
Pulled Off Al
E5tadt'5 Store

A slick robbery involving $500
in cash was pulled off Saturday
morning at Estadt's store on the
square by trio Of professionals,
according to Sheriff Donald Con-
away.
Mr.. and Mrs. William Estadt
reported that a couple and a
young man about l8 years old
came into their store Saturday
morning at ll:00 o'clock and
looked at a number of dresses
for the woman.
During the looking period,
the young man roamed around
the store, as did the older man.
All three were complete stran-
gers to the store owners, clerks
and local customers.
The money was in Mrs. Estadts
purse and the loss was discovered
when Mr.. Estadt prepared to
make out the bank deposit.
Sheriff Conaway is continuing
the investigation although the
chances of recovering the money
are very remote, it is believed.
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17

ance and taste.
The unusual arrangement en-
ployed by the agile sorghum
maker in setting up his plant
enables him to work the molasses
strictly by the turning of valves
and inserting wooden plugs.
At the point of origin, the
raw material or cane, is fed into
the hopper by hand and the juice
is squeezed from it in the press.
The flow of the extracted
juice to the metal watts is by
gravity and controlled at the
various processes by simply turn
ing of valves. Troughs or recep-
tacles and pipes are used to
channel or convey the juice from
one unit or vat to another with
out fear of burning or injuring
Continued on page four
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17


Sunday morning for the first
time since suffering heart all
ment several months ago.
Rev. E. Parker West was in
charge of the devotions and Rev.
James Mason served as the host
pastor and chairman for the bust
ness meeting.
Rev. Herbert Durham, of Sum-
merfield, was named to attend
the Civil Defense meeting at
Battle Creek, Michigan.
Rev. Clyde Still, Rev. James
Mason and Rev. John Thompson
of Pleasant City, were named on
the nominating committee to re-
port on a slate of new officers
in October.
The association will also plan
a Leadership Training school for
church members and workers for
Continued on page two
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17
Two County
Schools Are
Robbed Here

Sheriff Donald Conaway is in
vestigating the robbery and
vandalism which occurred at the
Elk local school building in Har-
riettsville and the Jackson
elementary school sometime on
Thursday night.
At Harriettsville, more than
5000 was stolen from the safe
in the principals office but only
$4.76 was obtained at the Jack
son school.
At each school, the culprits,
and it is believed there were two
of them, gained entrance by
prying the lock on the front door
with a bar. The same bar was
used to pry open small cabinet
within the safe, which is believed
to have been left unlocked.
The money stolen at Harrietts-
vile represented insurance and
lot lunch money which had been
collected from the students.
Every room in the Elk local
school building had been ran
sacked with drawers pulled from
the teachers desks and streWn
on the floor.
At the Jackson school, the
thieves also took "a half f-pints
of chocolate milk. They carried
their vandalism another step
further here when they tossed
the chocolate milk cartons
against the wall, splattering the
contents over the walls, floor
and windows.
| A report was also made OF
some destruction at, the Buffalo
school and this is still under
investigation.
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17

doors for distribution on whole
sale basis, to be sold through
lumber dealers.
Principal stockholders are R. c.
Moore and Robert Winberg, both
of Caldwell.
With the loss of two major in
dustrial concerns within the past
two years, the Cozier Container
Corporation and the Ava Brick
Company, it is heartening to see
the local industrial lag sparked
by the initiative of local buSi-
nessmen.
Moore is the owner of the
R. c. Moore Lumber Company,
and the principal stockholder of
the Atlas Flooring Company of
Marietta. Winberg is engaged in
strip mining operations with the
Central Ohio Coal Company,
which is now engaged primarily
with operations in the western
sector of the county.
Construction of the 80 foot by
100 foot concrete block building
got underway earlier this sum-
mer and in the future smaller
"a foot by 80 foot office build,
ing will be constructed ad-
jacent to the plant building.
The plant is equipped by the
Turn-A-Bore Equipment Com.
pany of Fort Worth, Texas, anc
operations are pinpointed strictly
| on the assembling of the door
| production. Supplies will come
from the Atlas Flooring Com
pany, of Marietta, which viii
furnish the raw material.
The doors will, to large ex
tent, be of the birch wood, with
birch, oak and white pine trim.
Assembly of the new produc
can be divided into four principa
steps: the sizer machine which
Continued on page fou
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17
Int Indictments Returned
By Noble County Grand Jury

Argyll Leasure. He pleaded
not guilty and his bond was set
for $1,000 which he could not
furnish and was jailed until
Ellsworth Perkins and Robert
Bates signed a recognizance
until grand jury opened.
Raymond Trenner was in
dicted for assault and bat
terry and failure to support his
four children, from the ages
of 3 to 10 and his pregnant
wife from March 28th to Sept.
IA. He wilfully neglected and
refused to provide the neces-
sary and proper home care,
food, and clothing tor his fam
lily and expectant wife, ac-
cording to the charges made.
Jerry Andrew Slovak was
charged with two separate
unlawful acts namely larceny
Continued on page tWl
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17

involving Mary Alice Lyons,
Howard Timberlake, and Ray
mond Trenner.
Wilson Hill had a double
charge of breaking and enter
ing a wash house on Mary
Rose Miller's property in Sum-
merfield. He is said to have
stolen a mattock which he used
to break through an adjacent
building, namely a smoke
house where he took two hams
of home cured meat valued at
$4,000. His bond was set at
$1,500 for both charges, which
he was unable to furnish. He
was committed to Jail until the
opening of grand jury.
Walton Everly was charged
with arson and malicious burn
ing. He is alleged to have set
fire to a barn owned by Hanna
Coal company and leased by
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17
TRADEsMAN
Gems Sorghum Mill Is Communitys
Only Remaining Symbol Of Rich Past
Mill Has Maintained
lis Operation In Same
Location For 81 Years

Gem, a small rural community
in southern Noble county on SR
563, at this time of the year
reflect the status it once held
many, many years ago.
At the turn of century, Gem
was typical of many rural COM
munities. 1t prided itself in
blacksmith shop, a general store,
sorghum mill, and a number of
dwellings.
The activity at Gem these
days is centered primarily
around the sorghum or molasses
mill owned and operated by
Ernest Ball.
The plant used by Mr.. Ball
to process the juice extracted
from the sugar cane to the
finished product, molasses, is
indeed a most unique operation.
Built with the idea for con-
venience in its operation, one
can observe the preparation that
went into laying out the plant
certainly reflects great deal
of ingenuity on the part of Mr..
Ball.
Operating in the present loca-
ton for the past 81 years, n
year-old Ball has maintained the
idea that every cane grower in
the area is a potential customer.
With that approach in serving
the public, his success over the
span of 81 seasons can be
attributed to his keen sense of
appreciation and responsibility
to the cane growers of the area.
Ball takes pride in the fact that
he never missed single season
of serving farmers who were
depending upon him for their
sorghum making.
The complicated contraption
rugged by Mr.. Ball to better
serve his trade is by no means
crude or antiquated, although its
installation dates back to the
turn of the century.
Three large metal watts are used
in making the sorghum. The first
is used for heating the juice
squeezed from the sugar cane
The second vat aids in boiling
it down, and finally the third
the finishing vat, is where the
rich, dark brown sorghum
actually is cleaned and boileo
for its thoroughness in appear
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17

The Noble county grand jury
returned eight true bills and
one secret indictment Monday
night when they reported to
Judge w. Vernon Archer fol-
lowing a full days session
which began at 1000 o'clock
that morning.
The eight indictments were
returned against the follow
ing:
Wilson Hill for breaking and
entering, 1.-TWO separate indict-
ments); Walton Everly for
Arson; Walton Everly for
malicious burning; Raymond
Tre er for non-support;
Jerry Andrew Slovak for lar
ceny; Jerry Andrew Slovak for
breaking and entering; and
Edward l.. Merry for injuring
a building.
Three cases were ignored
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17
Red Comb Pioneer
Feeds Has New Dealer

The Red Comb Pioneer Mills
company announced today the
appointment of Russell c. Keith
and sons as their new dealers in
Noble county.
The leadership will remain in
the Noble Hatchery building on
the corner Of Spruce and Cum
berland streets.
Mr.. Keith said today that in
addition to Red Comb Pioneer
feeds, they would also have g
complete line of fertilizers sano
lime.
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17
Annual Red Gross
Meeting Planned

Annual meeting of the Noble
County Red Cross chapter will
be held Tuesday evening, Sept.
% at their rooms in the court
house.
The meeting will begin prom
pity at 7:30 p. M, according to
Mrs. Sara Young, who is retiring
as chapter chairman after serv-
ing so capably in this capacity
for the past two years.
There will also be an election
of new officers and a board of
new directors during the busi-
ness meeting.
All board members, including
all those who contributed $l.00
or more to the Red Cross, are
eligible to attend this meeting.
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17
MaSSi|lon Hunter
Shoots Companion

Okey Gore, of Massillon, be-
came Noble county's first hunt
ing victim Tuesday when he was
shot by a fellow companion.
Gore, aged 60, and his COM
panion, Lawrence Schott, also
of Massillon, were hunting near
CALDWELL
Gore told the attending physi-
clan at the Caldwell Clinic that
he was looking at some crows
flying around. Schott, who was
some distance away, thought
Gore was squirrel and banged
away.
Gore received treatment for
pellets in the left shoulder, back
and face and was dismissed.
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17

Mondays telephone call to
Richard Rossiter from Warsaw,
Ind, came as a complete sur
prise, in more ways than one.
The police from that Indiana
city requested Rossiter to pick
up his car which they were
holding in storage after it had
been found abandoned on a city
street.
Along with the request, the
police advised young Rossiter
to be sure and bring along an
extra $50, for that would be
The journal. (Caldwell, Ohio) 1934-1961, 1959-09-17

Proposals relocate sections OF SIX 5b4 IN Noble
discussed Wednesday morning at public hearing
held office by the Ohio Department of
Highways.
Under plans the portions of highway,
a would eliminate sharp and dangerous
the existing route
be improved located In Ashton,
Enoch where the highway Middle
Mddleburg the junction
of County Road Is.
of construction the unused sections
of highways be reclaimed by the of adjacent
property.