Evening star., 1963-04-11
BUSINESS TRENDS
Cos Lamp Use in U. S.
Exceeds 1914 Heydoy
BY MYRON KANDEL
Star Business News Editor

Thousands Americans who yearn for at least touch
OF the good old days. doing something it, Take
gasghts example began Pickering out as lighting
fuel after Mr. Edison invented his ncandescent bulb But
gasights have gained new popularity in years.
In fact the American Gas Association reports there are
more outdoor gaghts in use in the United States today than
in 1914 the peak year for gas lighting when 100000 gas
burners helped light the Nations streets and villages
The association estimates there now are almost 75oO
gasights in operation about half of them illuminating the
walks driveway paos and gardens of private homes The
other half are found in restaurants stores motes and
airports.
To step up the use of gasishts gas utility
companies joining May IA to sponsor National Gasght
Day. when they hope to sell 100000 additional lights Last
year when the first Nationwide campaign held 65 1000
gasights were sold
motive. The Chicago Burlington Quincy Railroad has
attracted thousands Of young riders by taking two old
using them to haul pupils short excursions
The road reports its Steam Choo Choo trips have become
popular that expects $4,000 youngsters in the Midwest
and Rocky Mountain to ride behind the steamers this
year.
Stock market observers have noted recent strengthen
ing in booming issues which hit hard by last
Mays market break One ISSUE however, has had
exceptionally rough shedding.
1t was the initial public stock offering Of Milwaukee
Braves Inc The baseball team sought to sell $4,000 shares
Of its stock at $375 each But at last weeks deadne for
the offering only $4,000 shares had been sod and the
company Milwaukee Braves Baseball Club Inc had to step
in and buy the remainder The team had hoped to the
proceeds Of the stock sale to retire bank loans.
One put forward explain the poor showing
that potential purchaserswho were rabd baseball fans but
unntated investormight have been scared off by the
forbidding appearance Of the stock prospectus.
Televson is in the midst of boom abroad For the
first time in the ndusys history more TV sets are In use
in foreign countries than in the United States.
The latest edition of Televson Factbook published here
by Teevsion Digest dscloses that there IS million
abroad compared with so million in this country
There countries with Tv stations gain Of nine
since the start Of 1852
The increasing Of credit been accompanied
by the growing problem of fraudulent Of lost and stolen
cards This has become serious that department
In Chicago. which reported so per cent increase such
cases. has taken drastic steps to curb It,
The store Carson Prie Scott Co, Is offering its sales
people @ reward for stolen card they uncover and
double that amount they also apprehend the using
it. The store noted that losses illegal credit purchases
were exceeding the amount lost through shopfng
another problem that has been on the increase
Since the military has become increasingly concerned
with the Importance Of guerrilla warfare 1t obviously
only matter Of time until American toy makers would
follow suit Now Mattel Inc of Hawthorne Calf, has
up with camouaged toy machine gun that complete
with camoufage poncho commando beret and commando
knife and scabbad One consolation for beeagueed parents
that the fires only and the knife has mon
cutting" edge.