Pittsburgh Post-Gazette from Pittsburgh, Pennsylvania • Page 21

.1 21 -PITTSBURGH POST-GAZETTE MONDAY, MARCH 28, 1949- The Week in Steel River News Stocks Show Slight Gain Horowitz Plays Concerto Steel Consumers Now 3 i With Symphony Here 41 STOCKS $Are Inventory-Conscious IS More 'Extra' Tonnage Is Being Offered To Users as Demand Tends to Slow Up dah.y 67 66 Sate tfawfay 1 T-es-W SllkJJof so 1 70 60 50 40' LOW 61.4 rrj v-Jt FA25 4 1H ft 1 vr By ARTHUR R. FRIEDMAN 'j. Post-Gazette Financial Editor Steel consumers are more inventory-conscious and buy fcg is proceeding at a careful pace. I In consequence, more tonnage "ex-quota" was offered to customers during the past week than any other period this year. This represents another of the progressive steps downs where demand for alloy 168-1 1 167 '66 165 l63.

162 1945 1947 1948 19451946 1947 1948 1 1 TdmlvI 1 I I I OmJa, T--sW WCSC? I I i Hrh ftV ML- JL M- rEfc 240 200 1774 ISO 3h -St I low 140 1631 lit hi the transition of steel from a sellers' to a buyers' market. Analysts within the trade are now freely pre- dieting that the end of the quota system, under which customers of the mills have been alio ted tonnage on a basis of their pre-war pur chases, is not Mr. Friedman far off. Already, uotas have disappeared in re spect to a few sellers and in a lew products. yi They went out on electrical theets as demand there faded, fat the alloy field, where buying fcS been noticeably slow for some time, there were no quotas.

More recently, a few makers have taken quotas off on track spikes and cold-finished bars. Expect Inventory Replenishment I Steel management officials are not convinced that the slide in Steel demand will be a continuous faffair. They anticipate that in jventory replenishment will de- mm Seven Rescued After Arctic Crash-Landing Terse Message Tells Of 'Successful' End To Four-Day Hunt EDMONTON, March 27 A terse message from mside the Arctic circle said seven United States airmen were rescued successfully late Sunday from the barren waste of Ellesmere Island, 350 miles north of the magnetic pole. A two-word message "Evacua tion successful" signaled the end of a four-day search for a United States Air Force C-82 cargo plane that crash-landed Thursday. The plane had been sighted Saturday.

The message from Air Commo dore Martin Costello, in charge of rescue operations for the Royal Canadian Air Force, said the men were picked up at 5:56 p. m. (Pittsburgh time), Sunday. Rescued By Ski-Plane Actual rescue of the men was carried out by a ski-equipped United States Air Force Dakota following a one and a half hour flight from Thule, Greenland. The downed plane was spotted on the coast of Ellesmere Island on Smith Sound between Baffin Bay and Kane base.

A United States B-17, part of an armada of RCAF and USAF planes scouring the Arctic waste land, was the first to sight the crashed plane. No Details of Rescue The message telling of the suc cessful pickup made no mention of the condition of the rescued men. Earlier radio reports from the downed plane said all were in excellent condition. The men will be taken to Thule on Greenland. There they will be picked up by a B-17 for the re turn flight to Goosebay, Labrador.

The Fairchild was forced to crash-land while on a flight north from Frobisher Bay to Resolute Bay. Frobisher Bay is on Baffin Island. Resolute Bay-is on Cornwallis Island, some 1,200 miles north of Churchill, Man. Oil Stocks Higher WASHINGTON, March 27 UP) The Bureau of Mines reported that stocks of domestic and for eign crude petroleum totaled 343,000 barrels on March 19, a net increase of 3,172,000 barrels for the week. Steel Company Asks Permit For Condenser Barometric Unit To Be Erected Near Monessen By MAURICE P.

SULLIVAN Substituting lor George A. Zerr. River Editor Pittsburgh Steel Company has applied to the district army en gmeer for permission to con struct a barometric condenser immediately upstream from No. 3 blast furnace pump house on the Monongahela at Monessen. Foundation for thje condenser will be 8 feet by 8 feet, the river face being 18 feet riverward of the harbor line and approxi mately 23 feet landward of the short line at pool full elevation 726.9, crest of Dam No.

3. To Repair River Bank Objections will be recevied until April 1. Plans may be seen at 925 New Federal Building. The Milliron Company, East Liverpool, has applied for permis sion to repair, an eroded river bank slope on the Ohio by con structing a toe wall of concrete blocks; filling the eroded portion of the bank with slag and pav ing the slope with concrete build ing blocks. The face of the submerged por tion of the toe wall will be ap proximately 7 feet riverward of the harbor line and approxi mately 2 feet riverward of the shore line at pool full elevation, 665.7, crest of Dam No.

8. Dravo Gets Contract Returns into the bank slope will be constructed at the up stream and downstream ends of the slope paving. The total length of the paved slope will be 200 feet Objections will be received until noon Monday. Plans may be seen at the engineer's office. Dravo Corporation has been awarded a contract to construct a new digging ladder for Sand Digger No.

4 of the Ohio River Sand Company, Louisville. The 23-ton unit will be installed at Louisville. Miner Drowns; 2 Men Saved Fishing Trip Near Morgantown Fatal Associated Press Wirephoto UPWARD This chart shows how the Associated Press average of 60 stocks rose to 63.3 the past week, compared with 63.2 a week ago. But the commodity index continued its downward trend, from 164.3 to 136.3. The Irving Fisher Commodity Price Indexes 1940 1948 Week Ending Hign Low High Low 1920 equals 100 Mar.

24 Mar. Chge. DOMESTIC PURCHASING POWER 123.4 115. a 56.58 80.23 Dollar: (in wholesale markets) 59.51 59.3? DOMESTIC COMMODITY PRICES 86.3 81.0 176.75 166.04 All commodities (131 Items). 168.03 168.43 0.2 814 71.6 184.4 169.9 Raw materials (35) 170.5 170.7 0.1 87.3 81.6 182.1 158.4 Semi-manufactured goods (30) 173.7 174.8 0.6 90.1 85.4 169.1 159.1 Finished goods (66) 160.7 160.9 0.1 71.5 201.9 173.7 Farm products (20) 171.9 171.7 0.1 85.7 77.9 207.2 190.7 Foodstuffs (25) 191.1 191.1 0.0 140.3 108.1 296.5 237.4 Hides and leather (7) 220.4 219.0 75.0 68.

1 135.1 125.9 Fuel and lighting (8) 133.8 135.1 1.0 98.3 71.6 165.1 147.1 Textile (13) 143.8 144.8 0.7 112.8 108.1 197.2 154.4 Metal products (16) 197.1 197.1 0.0 98.5 87.1 197.7 168.7 Building materials (23) 190.7 191.4 0.4 84.3 79.1 140.6 124.1 Chemicals (16) 118.6 120.3 1.4 74.7 66.0 114.0 104.6 Miscellaneous (10) 104.0 104.4 0.4 velop somewhere in the process I of cutting down stocks to work-fable levels. Just when this will I come is uncertain, but it is ap-I parent that optimists do not ex- pect a full return to conditions in the steel market such as existed for more than three years in the postwar period. Prices slid further during I the past week in the movement to competitive levels. 1 Some of the cuts were huge, i ranging as high as $39 per ton by Kaiser Company, in the far west. This producer made a series of reductions on various 67 6 64 6 62 tlmrsJor fMr 1 SatmJar I I I I I I 70 60 SO HIGH 66.2 AP Avsragw of 60 Uam.22 STOCKS u4-f 44 40 Sk 168 167 166 165 164 163 162 220 200 ISO 160 140 AP Avarag of 35 WholaaU COMMODITIES ftmnJar1 fSST Saturday I 1 I I I I I AP Avoraoa of 35 Wholst-alo COMMODITIES 120 -14 i 100 3 St sT 5 Finns Called Calm NEW YORK, March 27 (CTPS) Finland people are "stoically calm," Finnish Minister K.

T. Jutila told reporters Sunday on his arrival by air but declined to comment on the Atlantic Pact, which his country is not joining. He was en route to Washington from Helsinki, where he had gone to attend the funeral of his sister. T. HE Sixth Anniversary Death Marked by By DONALD STEINFIRST The sixth anniversary of the death of Sergei Rachmanlnon (almost to the day) brought Via dimir Horowitz to Syria Mosque Sunday afternoon in a perform ance of the great Russian's Third Piano Concerto in Minor with the Pittsburgh Symphony Orchestra, VladUmir Bakalein- ikoff conducting.

Aside from the appearance of Mr. Horowitz, who had been ill on Friday nigrht, the concert was a repeat performance. Mr. Bak aleinikoff directed the orchestra in Tschaikowsky's Fifth Symphony and Lorin Maazel, appren tice conductor of the orchestra, led his associates in the "Classical" Symphony of Prokofieff. There are many facets to the playing of Vladimir Horowitz.

They have been referred to time and again in these columns and I find myself about to write that at the moment he is at the height of his interpretive and executant p'owers, a phrase I have used for some years past. Composer's Ultimate Doubtless the pianist has an affinity of sorts wtih Rachmaninoff with whom he was intimate for so many years. He is presi dent of the Rachmaninoff Foundation devoted to the preservation of his name and music through the advancement of young pianists and his perusal of the pages of this Concerto is of course authentic and authoritative. It was a performance of which no words of criticism can be written. In matters of technique, tone, color, timbre and dynamics, there can be do discussion that would not be cavil.

Mr. Horowitz is an artist far beyond such cap tious words. He plays the Rach maninoff Concerto as Jove might play it His piano rings with power but not force. He emphasizes the romantic features of the Con certo without over-playing them and without ever descending into maudlin or cheap. His slower and more passionate passages are models of tenderness and delicacy yet he plays thunderous cadenzi passages and scale runs with virility and monumental intensity.

One thinks of Horowitz' phr as- MAKE, the more valuable of Engineers Plug Break in Levee BATON ROUGE, March 27 j5 United States engineers, again victorious over the mighty Mississippi River, had succeeded Sunday in plugging a gaping levee break through which muddy water boiled for nearly three days. The break was at Mulatto Bend. It flooded 20-squarc miles of lowlands, sent 300 residents fleeing from their homes! and almost The Weather Western Pennsylvania Partly cloudy, windy and cooler Monday. Tuesday fair. METEOROLOGICAL RECORD Sunrise Monday.

6:11: sunset Monday, 6:49. Highest temperature this date since 1874 was 81 In 1910; lowest temperature this date since 1874 was 14 in 1923. AIRPORT HOURLY TEMPERATURES Midnight 64 Noon 70 MORGANTOWN, W. the town of port Allen. Rachmaninoff's Renowned Pianist ing, too.

In his hands no detail is overlooked. Every note, to important and every phrase no mat ter how slight (in either hand) Is completely studied and, com yieieiy projeciea. 1 A -1 A Color in Profusion There is color, too, in profu sion. By means of incredible pedaling facility as well as digital response, the piano assumes, in his hands, every color of which a percussion instrument is capable. One recalls with infinite delight the epilogue at the end of the second movement Here after a slow section of romantic dialogue between orchestra and piano, the piano is given a summation, a respoltion, so to speak.

In a few bars of the most gracious melody, the piano delicately but "conclusively sums up the movtiVieiit and provides the transition into the fiery final movement It was here that, the Horowitz techinque spoke most profoundly. This is music of fleetness and facility. But over and above these qualifications, the pianist had a lightness and tactility that was breath-taking. It was performance that re vealed again and anew the talents of an incomparable pianist and musician. More than this, no one could ask.

Navy Seeks New Rocket Record BALTIMORE, March 27 UP The Navy soon will try to fire a new "Viking" rocket 200 miles into the ionosphere, airplane manufacturer Glenn L. Martin disclosed Sunday. The rocket designed for the Navy by the Martin plant here, is primarily a research instrument and not a weapon. With it the Navy hopes to learn about the ionosphere, the upper atmosphere outside the stratosphere about 200 miles from earth. If the missile attains the 200-mile height it would be the highest any single rocket has gone, as far as is known.

True buffaloes are now found in South Russia. They are animals closely related to the ox. 4 your tele people sre end mora you your steels fell below production, In the carbon steel field, some open hearth furnaces used in making electrical sheets have been taken out of production. These actions in addition to the few shut downs which resulted from the two-week coal strike. Opinions of leading steel executives at this juncture still reflect expectations of close to capacity operations during the second quarter of this year.

E. E. Weir, chairman of Na tional Steel Corporation, said "we have gone over the top" but he expects his company to have full operations during the first half of 1949. Finds Normal Competition Charles R. Hook, chairman of Armco Steel Corporation, said normal competition for some grades of steel is now being ex perienced.

T. M. Girdler, chairman of Republic Steel Corporation, is not yet willing to concede supply and demand are in balance because, he says, some steel still is being shipped for conversion at costs higher than regular mill prices. H. G.

Batcheller, president of Allegheny Ludlum Steel Corpora tion, said demand for silicon steel in the form of coils is growing at a rapid rate. Meanwhile, reductions in the amount of steel to be utilized in the voluntary allocation pro- gram of the Government will be cut 17 per cent for June. This had been anticipated, par ticularly because freight car makers had been shying away from their quotas under this al location plan. Cuts for Freight Cars Steel allocations for freight cars will be cut 30 per cent under February. Among the few in creases, the most signuicant change is in mining machinery.

Given a few more weeks of the current lessened requirements for steel within the ranks of several industries, and there will be some significant changes In the "product mix" of the steel mills, according to observers here. This "product mix" is the historical allocation of ingots and semi-finished steel to the finish ing mills. It is obvious that where demand backs up in one finished steel item, there will be more raw steel for other departments. During the period of hectic de mand the primary steel producers cave definite quotas of semi-fm ished to low-profit finishing departments as well as to those with higher margins. Chilean Steel Firm Assured Ore Supplies NEW YORK, March 27 (Spe cial) United States.

and Chilean steel interests signed an agree ment assuring the development of the Chilean steel industry. Bethlehem Chile Iron Mines, a Bethlehem Steel subsidiary, and the Compania de Acero Del Pa- cifico Pacific Steel Company- signed a contract by which the former undertakes to supply the latter iron ore at cost for a period of 20 years. Inquiry Head Named WASHINGTON, March 27 tn Senator Magnuson, Democrat, Washington, has been named chairman of a Judiciary Subcom mittee to investigate life insurance companies. Buys 14 Liggett Stores CHICAGO, March 27 The Ford Hopkins Company, drug store operators, has purchased the 14 midwestern stores of the Liggett Drug Stores, an official said. Corporation Earnings 13 Mo.

ended Dec. 31 1948 1947 Century Electric 1,290. 775 3,484.731 per snare S3.39 $4.80 Gossard 6.458 .40 3.051,818 7.64 1.184,091 2.86 5.836.904 1.41 56.150 .03 9.605 .46 ,47,875 6.45 1.002.137 Per share Deep Rock Oil Per share Mallory Per share 3.49 8,681.920 Va Electric A Tow Per com share 1.78 Callahan Zinc -Lead Per share Ticker Talk FURNITURE ORDERS DOWN The furniture business centinuea its down ward slide in February, Seidman Seidmaa, accountants to the lncustn f. said. BORA-WARNER SALES Bors-wamer sales for the nrst Quarter or 1949 will approximate the like period In 1948.

S. Davis, president, said In the annual report. PEAK SALES MADE BY FHflLCO Business of Phiico la the final quarter of 1948 came up to predictions of the management last October that sales would reach new peaks. UTILITY PUNS ASSET CHANGES American Power and Light outlined changes In an asset distribution plan It has nied with the securities ana sxenanga commission. INDIAN TIRE FACTORY The government ot India has sanctioned the establishment of a tire factory in the former princely state of Travancora with a capital equaling 9100,000.000.

KANSAS OIL ALLOWABLE CUT The allowed oil production for Kansas April was set at 275,000 barrels a day by tee Kansas corporation commission. DTT FONT COTS LEAD COLOB rBICEB Di Pont announced a price reduction etl all lead containing inorganic pigment colors, effective on all shipments made after March 17. 72 74 75 75 74 70 66 65 64 60 60 59 59 CITY OFFICE DATA FOR SUNDAY Maximum 77 Mean i Minimum 61 Precipitation AIRPORT OFFICE DATA FOR si run Press. T. H.

Wind Weather i.3v a. m. oo ss SE-12 Fog 7:30 p. m. 28.65 65 55 SSW-22 Rain Comparative temperature and precipitation for: 4B 4Y 4er45'44'43'42r41 High.

Low Mean Preclp. 1 a. m. 64 1 1 p. m.

2 a. m. 64 2 p. m. 3 a.

m. 64 3 p. m. 4 a. m.

62 4 p. m. 5 a. 61 5 p. m.

6 a. m. 60 6 p. m. 7 a.

59 7 p. m. 8 a. m. 60 8 p.

m. 9 a. m. 62 9 p. m.

10 a. m. 66 10 p. rru 11 a. m.

69 11 p. m. 12 p. m. I 1 a.

m. 651 51 411 29 53 40 .01 76 66 31 69 76 62 48 59 29 21 50 541 38 29 68 48 26 60 65 501 38 .14 .25 .03 jviarcn zi utn une man was drowned but two others were res cued from Cheat Lake Sunday by a man who heard their cries for help. The victim was 50-year-old John Burns of Jefferson, Pa. The father of three, Burns was a foreman at the Mather Colleries. The rescued were Tom Pollack, 35, a lumberman employed at Jefferson, and Guido Nardis, 25, a bartender' at Stony Point, Pa.

The sheriff's office said the three men were thrown into the water when their small boat cap sized. Avalon Hawkins, of Cheat Lake, heard their cries for help. He sped to their assistance in a motorboat but Burns lost his grasp on the capsized boat and drowned. Hawkins pulled the other Pennsylvanians aboard his craft. Dragging operations have failed to locate Burns' body.

Tax-Free Travel Attracts Tourists WINDSOR. Ont, March 27 (CTPS) Windsor travel agen cies a rush of business from Detroiters who want to buy tax free plane, bus, and train tickets for trips in the United States. Canada has abolished the 15 per cent tax on transportation The tax is still in effect in the United States but the law pro vides that the levy does not apply to payments made outside the country, even though all the travel is within the United States. Hence Detroiters can cross the river to Windsor and buy a. Detroit-San Francisco plane tick et at a savings -of $19.35.

Dear i products running from $10 per ton upward. Some e'a stern companies were endeavoring to have their slashes, which brought them down to competitive levels, kept quiet. One of these concerns reduced a well-known steel product $23 per ton. Pittsburgh Steel Company re duced prices on manuiacturers and merchant wire products. It is renorted that nails are now comparatively easy to obtain.

No Regular Prices Cut It is noteworthy that while some buyers are beginning to agitate for lower prices "in regu lar lists," they are not getting them. Lower prices of galvanized prices, Initiated by USSteel subsidiaries, reflect entirely lower prices of zinc There have been mill shut Legal Notices Estate of Paul P. Jultus, deceased, McKees Rocks. No. 1435 ct 1949.

tetters of administration on his estate were granted to the undersigned who requests all persons having claims or demands against the estate of decedent to make known the same and all per-srns indebted to decedent to make payment without delay to Steve Julius. 306 Chartiers McKees flocks. or to Watzman and Grou-dine. 1001 Berger Pa. 1 Estate of David Pollack, deceased, of Braddock.

No. 1430 of 1949. Letters testamentary on his estate were granted ho nnrierslcnert who requests all persons having claims or demands against the estate of decedent to make known the same and all persons indebted to decedent to make payment without delay to Alexander Pollack, caq T.itat- Braddock. or to Krause and Boreman, 31 Fries Pa. Estate of William J.

Blatt. deceased, of Mt. Lebanon. No. 1303 of 1949.

Letters testamentary on his estate were granted to the undersigned who requests all persons having claims or demands against the estate of decedent to make known the same arid all persons Indebted to decedent to make payment without delay to John A. Blatt. Corry. or to Pul Hutchinson, Union Trust and Walter A. Scott.

Corry, Attys. Treasury Department. Ofce of District Supervisor. Alcohol Tax Unit. Bureau if Internal Revenue.

Philadelphia. Pennsylvania. Date of first publication March 14. 1949. Notice is Eereby gea that the following property his been seized lor violation of the tofeWJ Renue Laws of the United to wit.

Section 3321, Internal Revenue Code One 10-gallon copper ft one 5-gaUon copper still, two wpptr Mils, one 5-gallon Il5" Emdenser and two funnels seized in Allegheny County. on June 194Sone copper still with coll seized Allegheny County. on March 3, 1949. Any person clatolng an interest In said property must appear at the office of the Investigator in Charge. Alcohol Tax Unit.

722 New Federal Building. Grant Street at Seventh Avenue, Pittsburgh. and file claim and post bond as provided by Section 3724. Internal Revenue Code, on or before April 13. 1949, otherwise the property will be disposed of according to law.

Edward C. Dougherty. District Supervisor. Charles L. Wilmot, Attorney at Law.

1603 Law Finance Building. Pittsburgh, Pa. Notice Is hereby given pur-suant to the provisions of Act No. 380 of May 24, 1945. of intention to file In the office of the Secretary of the Commonwealth of Pennsylvania, at Har-risburg, and in the office of the Pro-thonotary of the Court of Common Pleas of Allegheny County, on Thursday, the 31st day of March, 1949.

a Certificate for the conduct of business in Allegheny County. Pennsylvania, under the assumed or fictitious name, Style or designation of Century Jewelers, with its principal place of business at 601 Century Building, Pittsburgh, Allegheny County, The names and addresses of all persons owning or Interested In said business are: Agnes M. Goldbach. 222, Prestley Road. Brldge-vllle, E.

Russell Zebra. 131 E. Woodford Pittsburgh 10, Francis A. Reno, 2048 Brownsville Road, Pittsburgh 10. Penna.

Emanuel "Goldberg. Attorney at Law. 924 Jones Law Building. Pittsburgh, Pa. Notice is hereby given pursuant to the provisions of Act No.

380 of May 24, 1945. of intention to file in the office of the Secretary of the Commonwealth of Pennsylvania, at Harrlsburg, and in the office of the Prothonotary of the Court of Common Pleas of Allegheny County, on Wednesday, the 30th day of March, 1949. a Certificate for the conduct of a business In Allegheny County, Pennsylvania, under the assumed or fictitious name, style or designation of Brookline Half-Hour Laundry, with Its principal place of business at 704 Brookline Boulevard, Pittsburgh 28. Fa. The names and addresses of all persons owning or Interested In said business arej Josaph J.

Kaufman. S887 Darlington Pittsburgh 17, Normal temperature for the day. 41 Excess in temperature for the 27 excess in temperature since March 1.. 48 Excess in temperature since Jan. 1....

572 Normal precipitation for the .14 excess in precipitation lor the day 03 Total precipitation since March 1 2.19 Normal precipitation since March 1.... 2.58 oenclency in precipitation since March 1 .39 Total precipitation since Jan. 1 8.76 Normal precipitation since Jan. 1 8.25 Excess in precipitation since Jan. 1..

.51 H. 70 67 78 56 63 72 L. H. L. 41 Montreal 37 35 30 Madison 46 39 56Marquette 41 32 Ablline Amarillo Atlanta Atlantic City.

49 Milwaukee 48 41 Albuquerque 41 37 Brownsville 62 Miami 82 74 44 New York 76 54 25 New Orleans 66 58 34 Okla. City 67 42 Boston 68 Bismarck 48 Boise 46 Chicago 54 Cincinnati 68 24 'Omaha 62 36 57(PhiladeIphia 79 55 Cheyenne 45 76 59 78 43 42Pueblo 66 28 36Portland 46 37 Ste Marie. 39 34 39St. Louis 62 46 31Sloux City 57 32 34i3an Antonio 79 49 29ISalt Lake City 45 34 47iSan Diego 66 49 47ISan Francisco. 66 49 4llSeattle 52 35 37 Spokane 42 28 5SiThe Pas 37 25 32roronto 64 39 29iWlnnlpeg 34 29 48rraverse City.

56 34 70tVUliston 48 31 421 Washington 83 61 44 Yuma 84 49 Cleveland 71 Detroit 68 Des Moines 55 Denver 59 Dubuque 47 Duluth 37 El Paso 68 Edmonton 44 Fort Worth 71 Fresno 72 Grand Rapids 62 Green Bay 48 Galveston 65 tlavre 40 Helena 39 Indianapolis 64 Tacksonvllle 87 Kansas City. 65 Loa Angeles. 70 a more telephone CALLS YOfT 4 phone service become. Today, over Pennsylvania' 2,397,423. Ja telephones, xaore making more eaUs than ever beore.

Any way yon look xX it, telephone sertoe Ketinlng met valuable. Any way yon look at it, telephone service give money's worth. If you've been wondering whether to buy or sell amf on Pittsburgh Consolidation Coal Wtstinghoust Airbrakt Pitisbirch Piatt Glass Wtstlnghons. Eltotrl. why not decide on the basis of fact? We'll give you all the information we can about these companies whose products you use, whose names you know.

We'll supply current- facts without charge on earnings, dividends, outlook whether you're a customer or not! And if you do ask us to execute your orders we charge only the regular commissions permitted by the exchanges on which these securities are traded nothing for our other services. Just call, come in, or write Department AZ-li Merrill Lynch, Pierce, Fenner Beans Members New York Stock Exchange Oliver Building (Ground Floor) Pittsburgh 33 Telephone: EXprest 0i50 THE BELL TELEPHONE COMPANY OF PENNSYLVANIA PITTSBURGH'S PROSPERITY IS YOUR SECURITY I'M' watrigMacjitts..