davidaulloa/AmericanStories huggingface dataset:
Evening star., 1953-08-28
THE EVENING STAR Ais
Washington, D. C. -
FRIDAY, AUGUST 90. 1883
Capital Bank Loans
Show Small Decline
During Latest Week

Outstanding loans of ID re-
serve member banks here totaled
1896. .082 900 on August 10, a de-
crease of $1,678,000 from a week
earlier, but still $34, PIT 900 above
the like 1852 date. the Federal
Reserve Bank of Richmond re-
ported yesterday. The total was
$6,137. 900 higher than at the
end of 1852.
Commercial loans of $145, 1885,
900 were off $l.713,000 in the
week. down $12,227 900 since De-
cember 81, 1852. but still $3.946.-
600 above a year earlier.
Real estate loans of $109, ,739.-
900 were off 900 in the week,
but still $796,000 above Deem
ber 81 and $5.780,00 ahead of
the like 1852 date.
Other loans. mostly consumer
loans, amounted to sos, ,465, 900,
gain of $375 900 in the week,
up $15, ,694 900 since December 81
and $23 ,259.000 above year ago.
Demand deposits of $9O5, ,267,-
600 were down $5.547 900 in the
week and off $27,671 900 since
December 81. but remained $4.-
6l3, 900 ahead of a year earlier.
Evening star., 1953-08-28
Chicago Livestock

CHICAGO, Aug. % tP,-- (USDA)---Sal-
able hogs, 1000: very uneven. Butchers,
.l0 pounds and heavier, mostly steady; siyG
instances % lower late; under 200
pounds. 80 to full 90 or more lower;
some largely steady: choice 210-:69
pound butchers, 25.00-25.35; 10000
pounds, 23.00-24.G5; 160-1S0 pounds,
81 .00-235 80; heavier butchers scarce;
sows. 400 pounds down. Il .50-2325
400-550 pounds, 1851 80.
Salable cattle, 1000: salable calves
300. Steers and heifers dull. weak at
recent uneven downturn; around $500
head unsold going into the week end;
canner and cutter cows fully steady;
utility and commercial steady to weak;
bulls fully so lower, clearance incomplete;
vealerS and calves steady to weak; odd
head prime steers, 27.00-27 80: good and
choice. 17.50-25 90; commercial to low
good. 13.00-17 90: Gamer to utility
7.O0-12 90: odd prime heifers. 300:
utility heifers as low as 1000: utility and
commercial cows, S.50-1 80: Gamers
and cutters, 7.0O-S50: utility and com
mercial bulls. 10.5O-l4.00: commercial
to choice veslerS. 1400-21 90: few culls
down to 700; few commercial to choice
slaughter calves, 1l.00-14.00
Salable sheep, 500: slaughter lambs
scarce, market, weak. instances 30 lower;
top 22.oG: bulk good TO choice 20.50-
81 so; cullS. l0.00-1 800; yearlineS alb
sent; Gull to good slaughter ewes, steady
at 4.50-625.
Evening star., 1953-08-28
Potomac Plan Near
SIS Million Mark
On Sd Birthday
By DonoId B. HodIey

The Potomac plan. which
offers a program for the pur-
chase of Potomac Electric
Power common stock on the in
Stallment basis, reached its
third anniversary today with
around SIS million of plans in
force.
This was disclosed by Presi-
dent Charles r. Connolly, presi-
dent of Capital Reserve Corp,
which established the plan. The
trust department of the Ham
ilton National Bank started
handling the first accounts as
trustee on August %, 1850.
Our greatest compliment in
the last year has been that the
New York Stock Exchange has
drafted a plan very much like
ours for operation on a Nation
wide basis" said Mr.. Connolly.
In the middle of selling the
second 81 million of plans. Cap
ital Reserve has been amazed
by the wide appeal that has
been created, said Mr.. Connolly.
Included as subscribers to the
plan are millionaires. school
teachers, lawyers. doctors, po-
licemen, Government employees
and members of the Armed
Services both in this country
and abroad.
The subscriber to a plan
makes regular monthly payments
to the trustee and the cash is
invested in Pepco common. Di-
videndS accumulate in the ac-
count and stock certificates are
delivered to the subscriber at
the end of the plan in 5 years.
Evening star., 1953-08-28
New York Produce e

steady today in the wholesale market
Eggs-104S6, steady. New York spot
quotations. based largely on exchange
trading, follow:
Midwestern mixed colors, fancy heavy
weights. 81; extra / large, $3.50: extra
/ medium. 50-5!: extra pullets. -
standards large; 81; current receipts; so
fancy heavyweights. "a; extra l large
so; extra medium. 81: browns. fancy
heavyweights. Ca extra / large, so
extra | medium 81.
Nearby whites. extra fancy heavy,
weights, 20: mediums. So; pulletS, 35-
35l2; peeweeS, 3lla: browns. extra fancy
heavyWeights. 65K; mediums, So: pull
let's, 36; peewees, 31la
Evening star., 1953-08-28
Area Store SuIes Down

Department store sales in the
Washington Metropolitan Area
were 3 per cent behind year
ago in the week ended August %.
and down 5 per cent in four
weeks ended the same date. the
Federal Reserve Bank of Rich
mond reported today.
For the year to date they were
2 per cent behind last year. The
weeks sales, however, were per
cent above the previous week.
Sales of the downtown depart
ment stores only were Z per cent
behind a year earlier in the week
and down 7 per cent in the four
weeks. For the year to date they
were off 4 per cent. Compared
with the previous week, they
were up 4 per cent.
Evening star., 1953-08-28
Business Briefs

| Rail Freight Loading last week
rose IL per cent from the pre-
vious week to a total of 817,431
cars. The figure is 2 per cent
below the same week last year
and 2.5 per cent below the 1851
week.-Association of American
Railroads.
Heavy Construction Contracts
totaled $214,331 900 in the week
ended Monday. This compares
with $3.50, ,040 900 in the previous
week and 1888. 1893 900 in the like
week last year. - Engineering
News-Record.
Money in Circulation declined
$38 million in the week ended
Wednesday to a total of $50, ,105.-
100000. This is $976 million over
the corresponding total last year.
Federal Reserve Board.
National Banks, totaling 1881
active ones, had assets of $103
billion on June 80. The figure
is 1927 million below assets re-
ported by 1890 banks on April
20, but So billion more than re-
ported by 1882 banks June 80,
1852. - Controller of the Cur
rency.
Detroit Steel Corp. put into
production yesterday its $12 mil
lion blast furnace at Portsmouth,
Ohio. 1t triples the firms pig
iron capacity from 100000 tons
a year to more than 100000 tons
Pennsylvania Railroad in sew
en- months ended July 81 earned
$22, ,257,854 or $169 a share VS..
SIS, ,129, ,4O2 or 80 cents in 1852
period.
Mcclellan Stores in six months
ended July 81 earned $488, ,233
or 81 cents a share VS.. $3.50, ,108
or IS cents in 1852 period.
III. L. Green Co. in six months
ended July 81 earned $893,1l2 or
IS cents a share VS.. $685., 400 or
78 cents in 1852 period.
Virginia Carolina Chemical in
year ended June 80 earned $4,-
215,874 or $19.79 on preferred
shares VS.. $4,003,661 or $18.79.
Other earnings included:
Evening star., 1953-08-28

quarterly or Semiannual declaration
Unless otherwise noted, special or extra
dividends are not included cid Called.
Ex dividend Xr Ex rights. o Also extra
or extras Annual rate plus stock div
1dend. d Declared or paid In 1868 plus
stock dividend Paid last year Pay
ex-diyidend date. Paid or declared so
far this year. h Declared or paid after
stock dividend or splitup. k Declared or
paid this year. an accumulative issue
with dividends in arrears Paid this
year. dividend omitted. deferred or no
action taken at last dividend meeting
dividend. Liauidating dividend. wi When
issued. x-dis Redistribution. vd When
distributed.
Evening star., 1953-08-28
Foreign Exchange

NEW YORK Aug. "S fPl.-Foreign
exchange rates follow tGrest Britain in
dollars, others in Centsl: Canadian dol
lar in New York open market Ii. per
cent premium or lo1.31l4 U. S. cents,
unchanged.
Europe; Great Britain tpoundl.
PSI 10, unchsnged: Great Britain. 30
day futures, Isl. unchanged; Great
Britain 60-dav futures, 2.S0ist un-
changed; Great Britain. g0-day futures,
2.S0,s UNCHANGED; Belgian francl i.
2;oofs; off 00re Of cent; France
franc, .?SSs of a cent. UNCHANGED
Holland 'auiderI. H6.34. unchanRed:
Italy Qiral, 1875 of a cent. UNCHANGED;
Portugal (escudol. $50. unbalanced; /;
Sweden (kronaI. 1894. UNCHANGED: !:
Switzerland francl -free,. 233Ii2, un-
changed: Denmark kronel. 1852. un-
changed.
Latin America: Argentina Greel. 7.24,
unchanged Brazil freel, 100 un-
changed: Mexico. / | .65, unchaneed;
Venezuela bolivar. 30.0 unchanged
Far East: Hons Kong, dollar, 1850,
UNCHANGED.
Evening star., 1953-08-28

He is a native of Washington
and is a grandson of John C.
Fitzpatrick, one of the original
stockholders of the company in
March. 1887.
A luncheon and dinner were
scheduled today by friends and
associates in honor of his long
and faithful service.
Evening star., 1953-08-28
New York Cotton

NEW YORK, Aug. 2s (P.-Cotton
futures remained quiet. with price
changes small during the forenoon to-
day. Hedging continued to make its
appearance and this was absorbed by
the trade and shorts on the scale down
There also was small volume of
switches. Spot houses supported nearby
October futures.
Noon prices were 90 cents bale
higher to 20 cents lower than the pre-
Vious close. October 33.42, December
1897 and March 1890.
Evening star., 1953-08-28

dire ctorS on
his 50th an
niverSary of
service to the
company.
Mr.. Fit z
patrick start
ed with the
com pany on
A u gust %,
1908, and has
b e e n aSSoci-
ated with it
on tinuously
since then. He
became assist
ant secretary
~ ATov 10n7
Evening star., 1953-08-28

a director Of
F. = u e h a u f
Trailer Co
Brig. Gen.
j a m e S K.
Herbert. re-
t ir e d, h a S
been elected
vice president
in charge of
p l a n t S and
D T o d u ction
for Schenley
l n d u s tries.
Inc. He has
been produc-
finn S1ifonrui-
Evening star., 1953-08-28
Odd-Lot Dealings

NEW YORK. Aug. IS R.-The New
York Stock Exchange reported today
dealers on the exchange for August %
Purchases of 13S,133 shares on 3,0l4
orders: sales Of ia 4504 shares on b.
o52 orders including 2,Sl7 shares sold
short on I03 orders
Evening star., 1953-08-28
Metal Quotations

NEW YORK, Aug IS lP,.-spot non
ferrous metal prices today; Copper %
Lead. cents pound. New York
Zinc. 1l-l1i2 cents pound. Tin, sou
cents pound. New York AT Pitts
burgh. scrap steel No. l heavy was
quoted at 43.00-44 90,
Evening star., 1953-08-28

sor for the wine and spirits d.
vision on the West Coast since
1916.
T. E. Swain. District man
ager for Southland Life in Wash
ington, has written on Clinics
Can and Do More" in the cur
rent issue of District Manage
ment, publication of the Life In
surance Agency Management
Association,
Evening star., 1953-08-28

Hourly Sales on the Exchange.
IL 800 am 21o 900 ~ noon A1o 600
l:O0p.m. $40 900 900 pm. coo 600
tUnit Of trading 10 shares. 'In bank
ruptcy or receivership or being reorgan-
lied under the Bankruptcy Act or secur-
Of dividends IN the foresoinR table are
Evening star., 1953-08-28
CupituI AirIines Coins

For the third consecutive
month, Capital AirlineS had op-
Grating revenues of more than
81 million in July when the to-
tai reached $4.147,136. President
j. H. Carmichael announced
yesterday. Passenger revenues
totaled $3,778.858, a gain OF
$406,751 from July, 1852.
Operating income for July was
1881 ,367 VS.. $238,695 a year
earlier. Net income after taxes
was $172.842 VS.. $227,O48 IN July,
1852, when no provision was
made for income taxes because
o fthe company's net loss in
previous months.
July revenue passenger miles
totaled 66.356.363, an increase
of 7.50e.612 from July. 1852.
Evening star., 1953-08-28
50th Anniversary Marked

James N. Fitzpatrick. jr., first
assistant secretary of the Fire
mems Insurance Co. of Wash
ington and Georgetown, today
was honored by officers and
Evening star., 1953-08-28
Pepco Dividend Declared

Directors of the Potomac Elec-
trio Power Co. yesterday de-
clared the regular quarterly
dividend of As cents a share on
the $50 per cent preferred
stock, payable October l to
stockholders of record Septem-
ber 8.
A dividend of 25 cents share
was declared on Pepco common
stock. payable September 80 to
stockholders of record Septem-
Der 8.
Directors of Mergenthaler
Linotype Co. yesterday declared
a quarterly dividend of so cents
plus an extra of so cents, both
payable September 25 to holders
of record September II. A SINH
lar extra was declared at the
close of the previous fiscal year.
Evening star., 1953-08-28
Joins Fruehuuf Board

Gordon E. Dean, who retired
June 80 as chairman of the
United States Commission on
Atomic Energy. has been elected
Evening star., 1953-08-28
Dividends Announced

NEW YORK. Aug. 2s OPy.-Diyidend<
announced:
Extra.
Evening star., 1953-08-28

Furnished By the Associated Press.I
Sales
Stock and Add Ne:
Dividend Rate 90 High Low 1915 chg
Evening star., 1953-07-17

mittee headed by Representative
st. George. Republican, of New
York to hold hearings on a bill
that would end the free sending
of mail by Government agencies.
The measure is designed to re-
duce the large postal deficit.
The bill proposes that Congress
appropriate specific funds for
each agencly for mailing pur-
poses.
PRECEDENT - DIR. Beatrice
Aitchison has been appointed
director of transportation re-
search in the Post Office Depart
ment's Bureau of Transportation.
In announcing the appointment,
Postmaster General Summer
field said DR.. Aitchison was the
first woman to be appointed to
policy level postal position. DR..
Aitchison started her Govern
ment career in 1888 in the Inter-
state Commerce Commission ard
in 1851 transferred to the Com
merce Department as director of
the transport economics division
of the Office of Transportation.
-
FCC-Max D. Paglin has been
appointed legal assistant to Fed
eral Communications Commits
Sioner Robert T. BARLEY. Mr..
Paglin has been with the FEC
since 1912.
BROADCAST-Miss Gertrude
McNally, secretary-treasurer of
the National Federation of Fed
eral Employees, will be our guest
on the Federal Spotlight radio
broadcast at 7::3O pm. tomorrow
over WMAL. Miss McNally, who
has held her NFFE post for the
last "a years. will discuss the
NFFE's reactiont o recent Fed
eral personnel developments.
Evening star., 1953-07-17
By John McKeIwoy

| AS the topic of polio gets a
worried and angry going over in
Rockville today, doctors and
scientists are quietly turning to
test tubes for a clear-cut evalu-
alton of what has been happen
mig at Chestnut Lodge Santa
rum.
Polio-if it is polio-is acting
in a mighty strange way there,
several doctors acquainted with
the situation agreed.
The final answer may take six
weeks.
Scientists at the National In
Stitutes of Health will be work.
ing toward the Identification of
the polio-like virus which has
swept through 13 members of
the staff of the sanitarium
since July /.
Using fluid from the patients
spines and other specimens,
they will attempt to determine
whether or not these materials
contain one of the three known
forms Of the polio virus. It is
tedious procedure-yet the
only way a definite conclusion
can be reached.
The test tube test is hardly
necessary when polio leaves the
patient paralyzed from head to
toe. Anybody can tell it is polio
then-but this is not the situa-
ton at Chestnut Lodge.
Extremely Mild.
What should be stressed" a
doctor at George Washington
Hospital said, lis that these
cases appear to be an extremely
mild form of polio"
The doctor, VINO asked that
his name not be used, said as yet
no serious indication of paralysis
has been noted in any of the
patients. One case has been re-
tained at the hospital for a fur
ther checkup. The others have
been released.
DR.. c. c. Dauer of the Public
Health Services vital statistics
Office said the Rockville out
break could not be related to the
Nationwide picture of polio. He
said polio would not ordinarily
strike as many as 13 persons in
a group Of 40.
Expert to Make Study.
Called in on the case is DR..
Howard A. Howe of Johns Hop
kins University Hospital, a rec
ognized polio expert. He's due
to arrive in Rockville today to
make a complete study of the
outbreak. He was asked to make
the investigation by DR.. Edward
DavenS, chief of the Maryland
Bureau of Preventive Medicine.
DR.. Howe said yesterday he did
not want to make any immediate
statement on the outbreak. He
added: II don't even know if
it is polio-yet."
DR.. V. L. Ellicott, Montgomery
County health officer. today said
there was great hesitation on the
part of doctors in saying the
cases are not polio.
The county health officer
Evening star., 1953-07-17
Bristol Acts to Check
Worst Outbreak in State

BRISTOL, Va, July II (P).-
An official of the National
Foundation for Infantile Paraly-
sis met with local physicians to-
measures in an effort to check
Virginia's worst polio outbreak
of the year.
The representative, G. Ford
McGuinness of Washington, ar
rived here last night as reports
were received of four new cases
to run the two-week total to %
within a six-mile radius of this
Virginia Tennessee border city.
Two of the victims have died.
Evening star., 1953-07-17
Tests to Determine If Polio
Struck Is ait Sonitorium

/ added that a number of doctors
had examined the patients and
the polio" diagnosis was not
made as a snap judgment.
Although as a group, the cases
have had characteristics not like
polio, he said, as individual cases
the symptoms have been those
of polio. He pointed to the on
set of cases-13 between July l
and July 14-as being much
closer together than is usual in
polio outbreaks.
Cases Are Puzzling.
He also noted that the high
incidence of attack-nine cases
among 40 student nurses at
Chestnut Lodge-was abnormal
for polio. Also puzzling, he said,
is the high proportion of para
lysis as symptom in the cases,
and the rapidity of recovery of
some of the cases.
DR.. Ellicott said, however, he
has never known of such an in
fection accompanied by paraly-
sis, which has not been polio.
In the District, spinal taps are
usually taken before a diagnosis
of polio is made. If polio is
present, the fluid will show a
high increase in protein content
and an increase in the cell count.
Spinal taps were not taken
from the nurses at Chestnut
Lodge in the first 10 cases until
they were brought to George
Washington Hospital. Spinal
taps at the hospital, a doctor
said. have not revealed any typi-
cal picture of polio. He added,
however, that in 10 per cent OF
cases known to have polio that
spinal fluid will not reveal its
presence.
Opportunity for Research.
Despite the storm the outbreak
has caused in Rockville, the
situation at Chestnut Lodge pre-
sents an excellent opportunity
for study and research.
Seldom does a disease strike
within the confines of a such a
close knit group-So isolated and
available for investigation.
This is an excessively good
opportunity to get a prompt
evaluation of the situation" one
doctor said.
A spokesman here for the Ma
tional Foundation for Infantile
Paralysis said the Chestnut
Lodge case looked like a freak
outbreak"
He explained that the founda-
ton does not investigate in such
cases. but furnishes funds fol
long-range research. In cases
of epidemics, the foundation
aids in rounding up nurses and
doctors to handle and direct
methods Of treatment on a large
scale.
A doctor said certain virus
diseases resemble polio slightly
He did not cross out the posi-
bility that the Chestnut Lodge
nurses may not have had polio.
1T all depends on what they
find at the laboratory" he said
And you have to wait for that"
Evening star., 1953-07-17
The Weather Here md Over the Nation

District and vicinity-Fair and
warm tonight. Low about 70.
Tomorrow fair and continued
hot.
Maryland-Fair tonight with
low about "a. Tomorrow fair
and continued hot.
Virginia - Fair tonight, low
about 64. Tomorrow fair and
continued chot.
Wind-Gentle, variable winds
tonight.
Evening star., 1953-07-17
Rockville Officials
Undecided on Action
In Polio Outbreak

Rockville officials were still
split today on whether they
should act on the polio outbreak
at Chestnut Lodge where 13
cases have been reported in the
last week.
The issue, however, failed to
come up last night as some resi-
dents anticipated when the city
council held a public hearing on
a proposed drive-in theater.
Councilman j. Warren Milor
yesterday issued a statement
that he had asked for an emer-
gency session of the council for
a full discussion of the polio situ-
alton.
Mr.. Milor, Mayor Daniel P.
Weddle and Frank E. Williams,
jr., were the only councilmen
present at the hearing. None
mentioned the polio outbreak.
Later Mr.. Milor said he had
asked for the special session
through the city clerk as was the
normal procedure.
No Reply to Request.
II assume my request was fat
ly denied" he said, since ]
haven't heard one way, or the
other"
Mayor Weddle, however, said
Mr.. Milor did not ask me for
anything" He conceded. how
ever, he had read newspaper re-
ports of Mr.. Milors desire for
the session and a number of pre-
cautionary moves on the part of
the council.
Are we the health depart
ment?" the Mayor asked.
The Mayor added he had been
told by people working at the
National Institute of Health that
they are not at all sure this is
polio"
From his talks with county
and State health department
people. he said, he understood
"the cases were nothing much
more than slight cold"
Asks Check of Water.
Mr.. Milor had asked for a
daily check Of water from four
town wells reported located on
the Chestnut Lodge grounds. He
also asked that patients and
staff members be restricted to
the sanitarium.
The councilman last night
said his request for special
session for a full airing of the
polio situation still stands.
Evening star., 1953-07-17

erdl layOII programs.
The commission action
showed conclusively that civil
service regulations will be ad-
hered to. And it wasn't an easy
thing for the commission to do.
It's no secret that patronage
hungry Republicans on Capitol
Hill were applying strong pres
sure to get a good bulk of the
jobs in NPA. But the commission
remained firm, with the result
that the merit system in Gov
ernment has been strengthened.
Incidentally, commission Off
cials report that Commerce De-
partment officials gave them 100
per cent cooperation in the
NPA situation and were as
anxious as they to correct the
inequities. Meanwhile, the COM
mission expects to finish within
the next day or so its post-audit
of NPA jobs in grades GS-7 and
below. Thus far, it has found
80 of 140 employees in these
grades improperly retained over
other workers.
VOLUNTEER" OVERTIME
The State Departments security
agents have been placed on q
regular voluntary" overtime
basis without extra pay, similar
to the situation existing for FTBI
agents. Both groups are un-
happy about the situation. They
don't mind working overtime
without pay whenever it is war
ranted. But they object to a
permanent overtime basis with
out extra compensation.
VETERANS PREFERENCE
The House Civil Service Commit
tee has approved legislation to
modify veterans preference IN
obtaining Government employ
ment. The bill would % require
veterans to make passing grade
on civil service exams before re-
ceiving S and 10 points prefer
ence, and, (2) require that vet
Grams have 10 per cent COM
pensable disability before they
are allowed to go to the top Of
civil service job registers.
X Il
PAYDAYS-The House Civil
Service Committee appointed a
subcommittee headed by Repre-
sentative Withrow, Republican.
of Wisconsin, to hold hearings
on a bill to provide paydays for
postal workers every two weeks
instead of the twice-a- month
system in use now. Sponsors of
the bill point out that the rest
of the Governments employees
are paid on a every-tWo-weekS
basis and say that postal work.
ers desire the same kind of
treatment.
+ Y +
MAIL USE-The House COM
mittee also appointed a subcom-
Evening star., 1953-07-17
Congress in Brief

Senate:
Judiciary Committee again
considers bill to admit 40.000
refugees and others at closed
session.
Appropriations Committee
meets behind closed doors to
consider defense funds.
Republican Policy Committee
considers legislative program at
closed session.
House:
Considers State Department
reorganization plans.
Post Office Committee con-
tlnues hearings on postal rates.
Evening star., 1953-07-17
West German Minister Arrives for Finance Talks

United States 'to make any re.
quest which might burden the
American taxpayer"
Mr.. Schaeffer told newsmen
on his arrival yesterday that he
would try to ease the tax burden
here through West German par
ticipation in the World Bank, an
international lending agency set
up to help in postwar work.