Pacific Stars and Stripes (Newspaper) - February 20, 1959, Tokyo, Japan Fri Otey february 20, 1959 the stars and stripes Page 29 i1i jury retires to consider Beck verdict Tacoma Wash. Up the Dave Beck income tax evasion trial has gone to the jury. . District judge George g. Boldt instructed the jury that if they found that funds Beck received from the teamsters Union were not Loans As claimed those funds must be considered As tax Able income. The judge told the eight men and four women of the jury that if the funds in question were Loans they were nontaxable. The judge stressed that to convict him the jurors must find that Beck wilfully intended to evade income taxes. Negligence not enough Boldt said that negligence alone or errors resulting from negligence How Ever great was not sufficient for conviction. Beck,_63, is accused of evading More than $240,000 in income tax payments for the years 1950 through 1953. If convicted Beck could be sentenced to As much As five years in prison and fined As much As $10,000 for each of the six counts against him. Late trading boosts Market values $1 billion Cuba allows gaming again Havana up the revolutionary government has authorized Havana s luxury gambling casinos to resume operations on a temporary basis. Pastora Nunez director of the government s newly created Sav Ings and housing Institute which will oversee the gambling Indus try gave the gastronomic workers Union authority to Send its Mem Bers Back to their Casino jobs. It was understood that pending the enactment of legislation regu lating gambling operations Gam bling would be limited strictly to tourists and Well to do cubans who would be Given identification cards by the government tax division. Resumption of gambling is Only the beginning of an All out Effort to woo Back the tourists whose absence brought Havana the luxury hotels to the Brink of bankruptcy in another move the Cuba tourist Institute and affiliated industries invited americans in the Florida area to take part in three Day festival starting next monday in commemoration of the Start of Cuba s War of Independence from Spain. New York up Stock mar get values were boosted around $1 billion in a late upturn wednesday which featured chemical and drug stocks oils electronics and rails. The Rise came As a Climax to a More or less routine session in which the balance tipped to the Downside most of the time. The Market showed Only minor and passing reaction to president Eisenhower s statement that then Terest ceiling on government securities May have to be boosted. Early softness was most notable a Standard Oil new Jersey which for the second Day in a Row was the most actively traded is sue. It fell More than a Point tits Low on top of tuesday s wide loss but recovered All the decline in the late a total 1,224 issues appearing on the tape 657 finished the Day higher Only 365 picked up on the Rise and volume for the session totalled 3,480,000 shares compared with tuesday s 3,190,000-share turnover. Eastman Kodak issues featured. The common helped by tuesday s Stock split and dividend increase Rose 3 Points while the preferred slated to be exchanged for a new Issue or retired at $180 a share ran up 22 Points to 180. Colgate palmolive also continued to re Spond to its Stock split and dividend increase rising Over 4 Points. Dupont Rose substantially from Jukebox operator says. I j gang tried to muscle in Washington a an Aurora 111., Jukebox operator said hoodlums tried to muscle into taking him on a gang land style Poss choking Back tears said the gangsters also threatened to cripple him with a baseball Bat. His wife he told the Senate rackets committee also received threatening Telephone Calls from the hoodlums. She was so nervous i was fear Ful she was going to go insane he tall Gray haired Man Poss said he has operated jukeboxes for years in 207 locations in the Aurora area. Would t give up hoodlums he said tried to move in on him unsuccessfully be ginning in 1956. I decided i was t going to give it up if it Cost my life he said. Asked to name the hoodlums who threatened him he said one Miami integration to break Barrier Miami Fla. A the Dade county school Board voted to admit four negroes to an All White elementary school in Miami. The action broke the Public school Segre gation Barrier for the first time in Florida. The Board decided to make the Orchard Villa elementary school in a neighbourhood into which some negro families have moved a Pilot school for integration of the races. The idea has the endorsement of gov. Leroy Collins. The pupils will be admitted to the school at the beginning of the fall term next september. Your guide to Good i s t t n i n g in the dec 0666 now 0608 Hlll ohly reveille 0630 it Earott show 0788 now0718 today1 the Day 0738 tips and tune 0808 new 0888 Forward March 0818 Marvin Miller 0830 Don mcneil0900 now 0988 turn Bak the cloth 0930 couple next door 094ft a Reynold 1600 new1088.manly Muile 1180 now Hob Birt Park bandstand 111 Reed amt show 1260 now. Sport Friday american forces network 1868 now 1815 new yorker 1838 sport journal 1048 Van thoth co service 1900 new 1986 much in the air Koto new b605 Rusty Draper 2030 flu Nitoke 1880 sign on i5u new 1608 a atop Tho Ator 1700 zoo Parade 1730 it Wittard 1800 to be annoy need 1646 now soon 1838 Tot Effort Liesl 1218 Requist show 1248 Fust entertainment 1259 Lei Paul 1306 now 1308 Melody Mart 1330 matinee 1400 now 1408 outport concert i860 now 1508 Stylc Wauddy Jamboree 1830 Robert 0, Lewi 1686 what Coo Kiao 1600 new 1008 american Muile. In i6i� one Man family 1630 invitation to learn let 1708 Newt. 1708 Reou Oit show 1780 local news. Subrt Ramstein af-tv1908 Datebook 1830 american at Lito 2060 tart of jaw2030 Hollywood Cloi Eia 2180 of fjwanm1130 Hli Hway patrol 2208 bullitt �300 now 8066 Art Baker notebook 2100 report from1. Europe 2118 on the scene 2130 City Hospital 2188 inspector Maton 2200 now 2218 Johnny Dollar 2230 Star out Jau 2286 Art Baker notebook 2300 now 2305 club Date 2330 request Shew 2400 now 0008 request show 0100 new German to 1708 for children 2020 documentary on 1710 Mickey mouse Rod China Maturno 2023 theater film 1720 Mankind Dawn 2120 documentary on documentary salvation army 2000 now. Weather 8pangdahlem 1883 now 2000 Man and cower 1680 4-Eek a my Uvo Champion 1638 matinee theater 1730 or. Guard i860 Shortt Corner 1838 Outlook 1808 now i9is Dinah Shore 2030 men of an Napolet 2100 life with thu Beth 2130 court of my its Early Low to close with a Small gain. Allied chemical and Union Carbide gained Over a Point drug issues Only Merck was lower dropping 2 Points while Bristol Myers gained Over 3 an american Home products Upjohn and Sterling Rose around a Point to 1m Points electronics issues Mot demand which lifted Hoffman nearly 4, International business machines More than 5, Texas instruments nearly 3, Zenith and general time 2 Points entire Oil group strength ened with Jersey. Gulf Ohio Oil Texas Gulf producing Rose a Point and Richfield gained 2, Studebaker Packard improved a pm profits fell 25%, sales was a Man he knew As Roxroy mar Tell. Later Poss said lie found out Martell was an alias for Rocco Salvatore Pranno a partner of Ralph Kelly in the Aurora Kane county amusement co. Poss said Pranno took him to a Lodge in 1956 where three hoodlums climbed into an automobile and took him for a ride Clown a lonely Highway. The Leader he said was a Man known to him Only As Joe Poss said Joe told him we re going to be your partners. We re going to make you a lot of Money. Well run books and Slot machines. Well teach Poss said he was sure they would have killed him had he refused so he agreed to give them half his business for nothing. But he said he changed his mind after he got safely Home. Threats began the telephoned threats against his life then began he earlier witness Don Moloney president of the Donan distributing co., of Chicago also told of threats against his life. Moloney said a hoodlum named James Rini now in prison drove into his driveway one night wit another Man and stuck a gun against his ribs. He Rini made the statement that if i did t get out of the Jukebox distributing business i would be killed Moloney testified. Moloney also testified that two employer groups and a labor Union moved into his Jukebox and pin Ball machine business As unwanted partners. I guess like i was being made the victim of a Shakedown Moloney said. Moloney agreed with a statement by sen. Homer e. Capehart Rind that the setup was a Union employer scheme to stifle Competition. Forced to join he said Fred Tom Smith a Busi Ness agent of local 134 of the inter National brotherhood of electrical workers signed him into both that Union and the two Trad groups. Moloney said the member ships Cost his firm $974.20 last Yea Rand provided if any benefits except Protection against poach ing on his business by rival operators. Moloney. Said the two Trad groups were recorded music serv ice assn., inc., and commercial phonograph Survey co., the latter headed by Michael Dale of Chicago. They made themselves partners unwanted Moloney said of the labor and Trade organizations. Off 13% in 58 new York a general motors corp., . Auto giant re ported a 13 per cent drop in sales and a 25 per cent slide in profits for 1958.however, pm fared belter than two rivals Chrysler corp. And Ford. Net profit for the year was $633, 628,076, or $2.22 a share. This com pared with $843,592,435 or $2.99 a share in 1957.Ford recently reported a 66 per cent decline in 1958, ended the year with a $33,824,565 sales for 1958 totalled $9,521, 965,629 versus $10,989,813,178 the year before. Point to 14% on news that a merger with disco Wayne maker of truck and bus bodies is possible. The latter improved motors Ford and Gen eral motors improved fractionally. Chrysler gained % sex dividend and White motors Rose up 3 Points. Steels returned to favor wit gains of a Point or More in National . Steel and likens. Closing Slock prices included chemicals Allied ooh up Eastman Kodak Lig a. Up 3 Kodak preferred in. Up 22 on Pont 2ioup a Union Garalde l24vt. Up i a. Building equipments Johns Manville 57. Tip a i Georgia Pacile a up 3ft . Plywood 530,1 3i/,. Drugs Mick 71 i Oft 2 american Horn product 2fi. Up i Bristol Myers 72%, up 3v up lion 43n. Up i Sterling drug 46%. Up electronics Hoffman 43 a up 3h in Terna Lonai business machines 507, up 5 i Zenith 192, up 2 general time 52 a. Up 2 Beckman 48aft i. Oils Ohio Oil 41%. Up i Texas Bull pro Ducong 30, up i Jersey Standard 51jun changed Rich Leld 97 i up 2. Motors Chrysler 541 up a of div lend general motors to up a Ford 53j,4, up3 /8 american 34, up0 Studebaker 14%, up i White 8 i up 3 Fruehauf 23 a. Up a. Steels Hikens 88 /0, up 1% National 8l /2, up i i . Steel 90 /3, up t i both Lehem so a up a. Rails Atlantic coast Lino 49, up he Chc saponin & Ohio 72%, up 2 Kansas City Southern by i up a virginian 44v. Up 2�/e. Utilities Cleveland electric 40 /., of consolidated natural Gas 55 a up life hous ton lighting 72, off i. Tires Firestone 137. Up 1% general Tir 55?o, up 3%. Miscellaneous cuban american sugar 29. Up vib have 66%, up 2% is Lento 9 a up 4 /4. New York up the closing Range of Dow Jones Stock average wednesday open close change 30 industrials 586.35 588.82 up 2.11 20 rails. 161.02 ic2.ii up 1.28 is utilities 90.05 00.92 Oft 0.02 65 stocks 203.85 204.72 up 0.79 . Stock Market closing prices by United press International 1938 step he mul6 2200 boxing2mo feature movie Bonit Russ pact okd Bonn a r the bundestag has approved a Trade agreement Between West Germany and rus Sia providing of goods Worth $750 million Over three years. The pact was signed last april wednesday tuesday Alco products 20% 20% Allegheny Ludlum st a 50% 50 Allied chemical 09% 98 Allis Cha Linen 21% 26 /4 american airlines 28% 28% Amer Broad Paramount 22 21% american Cyan amid. 47% 47 /4 american Metal 29% 29 a american motors 34 33% american Radiator l6 /4 in /0 Amer a refine common 52 52% american t & t 238% 239 / american tobacco. 97 97 a Anaconda Copper 69% 69% Armour common 28% 20% Atlantic refinery common 47% 47 a Avo mfg. L2 /4 l2 Baldwyn Llma Hanilton. 15 14% Baltimore 4v Ohio 42 i 41 Beech aircraft 31% 32% Bendix ablation 72 71% Bethlehem Smi 52% 52% Boeing air plane 41% 40% Burlington industries 15% 15% Campbell soup 53 53 Canadian Pacific railway 3a 30% Carrier corp. 45% 44 a celanese corp. 29% 28% Chrysler corp. "54% 53% Columbia Gas system 23 22% con. Edison 83% 63% continent steel 3% 64 Crane co. 4l /4 39 a Curtiss Wrig lit 30% Douglas aircraft 51 a 50 Adew chemical m 60 Dupont a Nemours 2iqi/, 211 Eastern airlines 36 38% Eastman Kodak l4? a l43 /2 Falc Liilo eng & air plane 9% 8 general dynamics go /4 59 i general electric 77% 77 /2 general food n 77% general Mote i 45% 45% Gillette co. 47 46% Gumbel Bros. 3 4% Goody a tire 124 123% cult Oil 113% 112% int. Business machines 57 501% int. Harvester 42 41% int. Nickel 91% of /4 int. Tit c4 3% Jones & Laughlin 64 /4 63%kennecott Copper 107% 107% Lockheed aircraft 29% 29 a Loew i. Ino. 22% 21% Montgomery Ward 41% 40% Morris Philip Ino. -60u, National aviation 27 /4 27% National Cash Register a 72 a 72% National distillers 31 30% new York Central 26% 26 North american aviation 4% 40% Olin Mathisson 44% 44% Owens Corning fiberglas 63 a of pan american airways 24% 28 a Paramount pictures 46% 48% Pennsylvania . A 16% Pepsi cola 26% 29% Phillip Petroleum 46% 41% Pur Otic 42 4lfe radio corp. Of America 4% 48% Republic aviation 26% 26 Republic steel 61% Reynold Metal m mar. Roeble 44 44% Skelly Oil Socony Mobil Southern Pacific Sperry Rand corp. Standard brands Standard Oil California Standard Oil Indiana Standar toil new Jersey Stii Obaker Packard Swift & co. Texas co. Texas Gull Sulphur trans world airlines Union Carbide Union Pacific United aircraft . Rubber . Smelting . Steel Warner Bros picture Westinghouse electric Woolworth . A. Wednesday 7 65% 21% 63% 47% 5 1 /4 a 39% at 3f% w i "80% 00v. 28vn tuesday 67% 49% 66 21% 8 53% 46% 5l /4 13% 394 78 22% 17% 123% 37% 59% so /4 36 20% 75 .87. 5.59 5.77 8.s6 17.09 18.73 15.01 19.74 9.72 14.70 12.00 3.01 12.76 23.22 29.51 15.83 4.19 9.96 18.24 17.48 4.95 4.91 2.53 11.00 11.14 10.31 22.67 6.53 11.69 12.90 13.24 3.38 11.06 4.36 7.42 8.89 6.50 11.89 17.68 13.76 37.26 9.65 14.09 11.93 10.95 12.40 8.10 10.20 13.66 6.11 6.27 9.30 18.45 20.26 16.23 21.35 10.59 15.98 13.19 3.30 13.87 24.83 25.14 17.11 4.59 10.83 19.99 18.08 6.41 bid 27? 12.03 12.19 11.27 22,67 7.16 12.78 13.95 14.31 3.67 12.94 477 8.11 9.72 7.10 12.97 18.57 14.96 39,50 10.55 18.36 12.97 11.90 13.55 17.04 16.73 6.0 6.29 9.28 18.42 26.27 19.66 �.76 i4.5 11.93 3.00 12.6v 23.17 23.43 18.71 Mutual funds prices wednesday tuesday bid asked bid asked 7.29 7.88 affiliated fund 7.24 7.88 atomic fund 8.87 axe Houghton cd. A 8.78 cd. A .54 Boston fund Canadian fund Canada general chemical fund Commonwealth in. Commonwealth fit. Cd. Delaware fund dividend shares Dreyfus fund Eaton & Howard bal. Eaton eve h we st. Cd. Fidelity fund financial Industrial founder Mutual fundamental investors growth Intuit. Share Hamilton cd. H-c7 Hamilton cd. Hoa income found. Fuad institutional feed. Institutional growth invest. Co. Of America Johnston Mutual cd. Knickerbocker fund Lexington venture cd Mas. Inv. Growth Mas. Inv. True Mutual Trust cd. National . Eerie Nat l see i Rowam Nal l Sec. Stock Nat l Sec. Income nucleonics c. A e. Pioneer Mutual cd. Putnam George cd. State Street Texa fund television elect. United accumulative 21.26 10.54 15.82 13.11 3.29 13.77 24.78 25.08 i6.m 4.86 9.93 10.79 18.12 i9.b6 144 i7.m 4.92 8.98 4.88 bid 16.m m.90 11.18 12.14 18.88 11.21 21.62 22.l 6.50 7.13 11.64 12.72 12.88 13.90 13.18 14.28 3.36 3.66 11.93 12.98 4.34 4.74 7.88 9.07 8.81 9.63 6.46 7.06 11.00 13.01 16.06 18.46 19.71 14.98 37.26 38.78 8.67 16.67 13.99 18.28 11.83 12.88 18.11 United income 16.68 11.83 United science 12.32 13.46 Wall Simi program 6.08 8.83 Washington Mutual 18.14 11.88 Wellington fond 18.82 15.87
