davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-20
By DONALD B. HADLEY

The National Association of
Securities Dealers wants the
Federal Government to continue
to exempt issues of less than
$500, 900 from the requirement
of registering with the Securi-
ties and Exchange Commission.
The association is confident
that abuses and losses to inves-
tors from offerings of speculative
penny" uranium stocks and
other promotional securities can
be reduced by the SEC exercis-
ing tighter controls over this
type of offering.
Harold E. Wood, chairman OF
the NASD Board of Governors.
stated the associations official
position yesterday before a
House Interstate Commerce sub
committee, which is considering
revision of the Securities Act.
The subcommittee. headed by
Representative Klein, Democrat
of New York, has before it a
bill by Representative Bennett,
Republican of Michigan, which
would repeal registration exemp-
tions and make all stock offer
ings subject to SEC control.
Mr.. Wood said his association
felt the law should be retained
as is, but that the SEC could
properly adopt additional rules
to govern blind speculation" in
securities of the types which
have come under congressional
criticism.
Suggests More Rules
On Blind Speculation
He suggested the SEC use its
authority to lower exemption
limits on ''promotional offerings"
where the situation demands 1t,
but leave the current registra-
ton exemption unchanged for
on-promotional' issues.
This would preserve the ex-
emption for small corporate A.
nancing Of non-promotional ma
ture by established companies
and at the same time add to the
protection available to the pub
lie investor" he said.
Mr.. Wood told the subcommit-
tee that the biggest problems
facing the association have come
from speculative stock offerings
in the uranium area of the West
and in Texas. with many COM
plants already filed against
members of the association as
a result of the stock dealings.
Evening star., 1955-07-28
save on boys wear

z95 pairs eombed cotton briefs.
Some irreouIors. Sizes 2 to 8, II
to l6. Were acc to &C. --25e
23l pairs boys crew hose, heavy
weight with ribbed tops. I'm
perfects, sizes 7E to 10. If
perfect Csc c----------z9e
9 suits, some eroy royon woven
to look like linen, blue cotton
cord. Sizes 6 to 10. Were 8.o9
and lO.o5--- 5.S8
Down Stoirs Store. Boys Wear
Evening star., 1955-07-28
mems bFoadcIoth
shorts
,Oere 79c TO 100
z 70. loo

First quality and irresuIors in
boxer and sripper styles. White,
solid eoIors and patterns in group.
800 aII-siIk ties. Were so TO
Z.UU DOC
81 poirs poiamos seporotes. Sizes
A to oD---l.O0 D 90
36 cabona suits. Swim trunks
with motchino short-sleeve shirts.
Small to large. Were 6.95 to
9.95 -------3.SS
Down Stoirs Store,
Mems Furnishings
Evening star., 1955-07-28
nyIon and cotton bras

50 front hook Longtime nyIon
bras in broken sizes. Were 2.oo,
i.es
l2s cotton bras from fomous
moker. Broken sizes. Were 100,
4Se
100 ions-Iine embroidered strop-
less cotton bres with detachable
qorters. Not oil sizes in group.
Were 3.o5 ------------2.S9
IS Grsndon Longtime bros in
nylon or cotton. Broken sizes.
Were 400 and 5.Oo---2.49
100 Grandon bondeou nyIon and
cotton bras in broken sizes range.
Were 800 and 3.5O----1.9s
50 eorsets, side hook, back loce
and foundations from famous
maker. Discontinued styles, not
oil sizes in oil styles. Were 4.o9,
2.e9
Down Stoirs Store,
CorsetS md Bros
Evening star., 1955-07-28
chiIdren's apparel

400 pieces in group Of dresses,
swimsuiss, robes, ereepers and
play clothes. Were l.oo and
$50 75e
500 pairs hose, shorts, dieper
pants, hoIters and shirts. Were
39c and 75e. Zoe, II for 100
Down Stoirs Store,
lnfonts and Juveniles
Evening star., 1955-07-28
misses and woFnen's
dresses

100 summer dresses. Some spe-
ciol purchase, some reduced from
stock. Mostly cottons, also other
light fobrics in mony styles. Sizes
10 to 20, l4h to y 500
800 sammer dresses in mony
styles and fobries. Misses and
half sizes. Were up to 1875,
500
20 evening gowns Of nylon loce
ond net in white and postels.
Sizes s to 10. Were 1875
to 25.00----- 100
Down Stoirs Store, Misses and
Women's Dresses
Evening star., 1955-07-28
Junior miss savings

100 easuel and dFessy dresses OF
cotton, royon woven to look like
linen, nyIon in several colors.
Sizes 9 to IS. Were S.ee to
1899 6e---------1.5o
IS better dresses Of cotton, royon
or nyfoh in cIossic or dressy, one
or two piece styles. Choice of
colors. Sizes 9 to IS. Were
1895 to 22.o5--------5.o0
Down Stoirs Store, Junior Miss
handbags, belts
100 hondbass in Ieother, foiIle
and plastic, choice of block,
brown. navy, red. Were 800.
100 genuine leethsF and straw
belts in mony eoIors. Were LOO,
25e
50 Leather waIIess. Were l,oor
Soc
Add 1919 Federal Tax
Down Stoirs Store, Handbags
wornen's sportswear
$50 denim and seberdine haIters.
Sizes 81 to 46. Were 4 80
to 2.o9------.l.o 100
200 pieces in group Of denim
pioywear. Dresses, skirts, ehoni-
soles, pedoI pushers. Broken sizes
II to l8. Were l.88, - =
5se, z for 100
Down Stoirs Store, Sportsweor
Evening star., 1955-07-28
misses lightweight
summer suits reduced
for clearance 200
z M fAOS

iCere 7.99 to H.95 V
z7S crisp summer suits in a Vide
selection Of eolors. All suits gn-
lined. completely washable cot
ton baby cords. ehEomespun cord
end others. Boxy or fitted styles
in sizes 10 to ls. Not oil styles
in oil sizes.
Down Stoirs Store, Coots and Suits
Evening star., 1955-07-28
list quality and 100
irregular bIouses !

sOere I.99 to 5.09
Famous make COTTON. nylon. do
eron and blended bIouses In bro,
ken sizes 81 to 38.
Down Stoirs Store, Blouses
Evening star., 1955-07-28
girls shoes
lpere SOS

100 pairs Shoes for growing girls
sizes 4 TO 9. Not oil sizes in oil
styles.
Down Stoirs Store.
Children's Shoes
Evening star., 1955-07-28
cotton dresses
$50

regularly SIT and S.99
$50 eofton dresses in misses and
wemen's sizes, short and cop
sleeves, button front. Broken
sizes 10 to 20, i4h to 24h.
Down Stoirs Store,
inexpensive Dresses
Evening star., 1955-07-28
important savings on
shoes 9.ss

vere 6.95 to 1925 "
400 pairs femous name spring
and summer shoes. Many styles
and eoIors in broken sizes 4 to
10, AAA to c. width.
200 pairs women's summer cas-
uals. Choice of wedges and flots
in mony eolors. 4h to 10, N
& IA. Were 3.oo and 4.eo, 2.99
Down Stoirs Store,
Women's and Mems Shoes
Evening star., 1955-07-28
Save 50se or more on items
from our housewares department

6 plisss bed
spreads -------
so pillow shams
23 reversible fl
beF rugs in sew
eroI colors. Sizes
27x50" to 9xl2'
22 peirs eurtoins
in ruffle toiIored
and sosh styles.
54" TO 90" sizes.
Some one-of-o-
kind -------
II bamboo roll
Up shades COM
plete with ropes
and elects. All s"
long, 8 to lo'
widths -------
H1xI,~ CAr:,. C&Ar
Evening star., 1955-07-28
girls pajanas
,Oere 1879

100 psirs flonnel peiomss in
severol styles end eeIoEs. Sizes
8 to l6.
Down Stoirs Store, Girls Apporel
Evening star., 1955-07-28
1st quality Jumbo 24"x46"
PACIFIC MILLS
Bath TOWELS
3 70, 2'7'
regularly 1.4s each
regularly 1.4s each

l6"x27" hond or face 6 for 800,
l2"xl2" wash cloth 4 for 100.
Hunter, grey. rose, yellow. blue,
oquo, pink.
Evening star., 1955-07-28
novelty costume 0Se
ieWeIry ~

800 pieces Including necklaces.
bracelets, earrings in metei and
stone combinations.
Add 1929 Federal Tox
Down Stoirs Store,
Costume JeWelry
Evening star., 1955-07-28
white summer hats

'es'e ss' 99'
$50 hats in Q group including
linens, laees and stFows in many
.sttroetive and Hatterins styles.
Down Stoirs Store. Millinery
Evening star., 1955-07-28

important
savings for boys

So cotton ginshom short-sIeeve sport
shirts in many coIorful pIods. Sizes s to
II. Regularly 80 -------------1.0 90
"a cotton knit shirts, short sleeve, crew
neck. Stripes and Jacquard patterns.
Sizes to l6 Regularly |. SO and ! 80,
100
$50 cotton knit briefs, irreeuIors of q
famous make. Sizes 26 to 36. If per-
feet, z for 100
1870 poirs nyIon stretch hose in variety
of color combinations, argyle potterns.
One size fits to H. Regularly SOC,
8 for 100
Down stors Store, Boys Wear
plastic moccasins ~
300 pairs Of moeeasins Of washable
pIostie thot is resistant to spots and
scars. White, pink. blue, willow and
block. Sizes 4 to 9.
Down Stoirs Store, Hosiery
pretty girls furnishings
$50 pIisse pojamos ond gowns in sew
eroI styles and prints Sizes 8 to IA. Reg
uIory $50 -------------------1.SS
200 pairs socks in many colors Some
stretch socks in group. Sizes 8R to
poiFs for 90
$50 poirs cotton plisse and cotton knit
ponts. Some irreeulors. Sizes 8 to 4.
Regularly 3oc to ooc--------3 for 100
Down stors Store, Girls Apparel
Evening star., 1955-07-28
cushion soft
FOAM RUBBER
PILLOWS
2 for 6'''
regularly 4.9s each

The ultimate in sleeping comfort
and long wear. Zippered white
pereoIe cover. DUST and ollergy
resistont, shape retaining, wosh-
able.
Evening star., 1955-07-28
seconds OF
famous make nylons
So pair; z pair. 100
if perfect, lis to $50

1T perfect, I.I5 to I.5O
1000 poirs Of notionaIiy advertised
nyIon hose in sheer, business sheer
and fancy heels styles. Current
shades with pIoin and dork seems.
Sizes 8h to II.
Add 1929 Federal Tox
Down Stoirs Store, Hosiery
Evening star., 1955-07-28
CLEARANCE I
| Mems Cool 4
SUMMER y!!!ME
SUITS
| 13.'' and 22.''
\ regularly 1929 to 1925
\ Suits in this group include lo0% |
wool tropieoIs; 55eo wool. 45%
doeron blends; royon-nyIon cords,
\ oeetote tropieoIs. Short sizes IS
\ to a.. resuIors IS to 46, longs 81
to 46. Not every style in every size.
\ Down stolrs Store, Mems Furnishings
regularly 4.99

1.59 each
$50 boleros in blend Of 500 vieero,
45% nyIon, so wool, with rayon taffeta
linsins. Blue, rose, oquo, lilac, turquoise.
Sizes SIz to II.
Down Stoirs Store, Hondkerchefs and Flowers
Evening star., 1955-07-28
chiIdrsn's playwear
So 2 for 1'oo

Eosy-to-eare-for shorts, polo shirts,
blouses, sunsuits. Sizes TO 6x.
Down stoirs Store, Infonts' and Juveniles
Evening star., 1955-07-28
rayon and cotton danask
TABLEcL0TH SET
5.pieee sci

Fine imported fobrie. White,
pink. blue, yellow, green.
5ox50 cloth, 4 Il" napkins l.99
56x76 cloth, s Il" hopkins z.9s
60x90 cloth, 8 II" hopkins 3.99
6oxloz cloth, II II" napkins,
5.99
Evening star., 1955-07-28

Eorthenwore set includes six each
dinner plates, cups, soueers, fruit
dishes, breed and buffers; one
eoeh vegetable dish, piotter.
ereomer, sugar with top. lrresu-
lorities will not impore use or
beauty.
S. pc. set, resuIorIy 1895, 9.99
Evening star., 1955-07-28
misses and won1en's
sporisWear al savings

Two-pieee cotton dresses: brown and
blue print skirt with solid black sleeve
less and peasant blouses. Misses and
half sizes Regularly 2o9--------1.e9
Solid color calypso blouse with one
button tie front Yellow, black, fuchsio.
Sizes II to l8. Regularly 3.e9----l.ee
Cotton and sheer Bembers print dresses
in misses ond half sizes. Regularly $50,
Cotton and rayon skirts in solid colors
and prints. All washable. Sizes 10 to 8:
Regularly 2.ee-----------------l.
Lostex and cotton bothine suits. Sizes 81
to 36. Regularly 800 to 5.o8,
500 and 7.s9
Terry cloth beach towels of white with
green and ehortreuse stripes. Regularly
l.49 I.OU
lrreauIors and discontinued styles Of
women's shorts. Sizes 10 to lo. If per-
feet 2eo and 3o9--------------1.99
Down Stors Store, Sportsweor
golfer skirts reduced 9.99
regularly 500
Golfer skirts Of rayon, woven to look like
linen. Leather golf tee" belt! Crease
and fade resistont, washable. Dark
green, beige, orange, moss green. red.
Sizes 10 to l8.
Down Stoirs Store, Sportsweor
Evening star., 1955-07-28
Elizabeth Post Iipstieks ~

No-smear Iipstiek with free sample Of
liquid rouge, in pink Diamond, coral end
real red.
Please add 1929 Federal tox
Down stoirs Store, Hondkerchiefs and Flowers
Evening star., 1955-07-28

Down stoirs Store. Housewares North Building
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-04
MARYL AND: !.
More Play Areas
Sought for State

pressure from several quarters
to purchase q tract Of public
beachland on Assateague Is
land. the subdivided island just
south of Ocean City that is
being developed into a new re-
sort community known as
Ocean Beach.
It would, of course. be very
expensive for the State to buy
the 500 acres or so that would
be needed to establish,a public
beach and recreation area on
Assateague. Building lots of
nearly one-half acre lin size
are currently selling for $3.50
apiece there. One thousand
lots would cost nearly 81 mil
lion.
Although the State probably
could negotiate something less
expensive than 81 million. the
high cost Of such Q purchase
has so far kept it out Of park
department plans-including
the $1.2-million long range
capital improvements program
it presented to the State Plan
ming Commission in July.
Minute Fraction
Along Chesapeake Bay. the
park department is almost as
poor as it is along the Atlantic.
It owns only a minute fraction
of the $500 miles of land 'front.'
ing on the bay and its estu-
aries. Except for the 725-acre
Sandy Point State Park near
Annapolis and the 995-aere
Elk Neck State Park across
from Havre de Grace at the
top of the bay. virtually all Of
this frontage is In private
hands.
Private ownership of bay
and ocean shorelands is a
firmly entrenched tradition in
the Free State. Every Mary
lander worth his salt either
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-04
BY GERALD WARING

OTTAWA.-Discovery of the
nationalities Of men behind
the mahogany desks who de-
eide policies for Canadian in
dustry is one of the detectives
of the Canadian governments
current inquiry into the eco
nomic prospects of this coun-
try.
Mainly. that means answer
ing the question of How
much Canadian industry is
controlled by Americana"
It's obvious that there's a
tremendous United States
dollar investment in Canadian
mining. oil and forest prod
ucts, and in the automobile,
electrical and other manufac-
turing industries. The Bank
of Canada estimates total
United States investment in
this country at more than So
billion. and increasing by hum
dreds of millions of dollars
each year.
What the Royal Commission
on Economic Prospects seeks
to learn is the exact extent of
American and other foreign
ownership In the individual
industries which are signifi-
cant factors in the Canadian
economy.
The purpose Of the study
isn't spelled out. But as one
informed source said: IF you
consider the possibility that
an American company. with
a big operation in the States
and a smaller one in Canada.
might favor its United States
operation to the detriment Of
its Canadian operation in
times of economic stress, YOU
can see the direction in which
this study could be pointed"
No Policy Suggestion
The royal commission will
not make policy recommended
tions to the government. It
will merely provide informa-
ton on which the government
can base policy decisions.
However. II Canada were
to experience a major recess
sion, it is assumed that any
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-04
DIS TKCT:
So Days to Tell Story
On Who'll Run Buses

ing of the Potomac Corpora
tive Federation, an organiza-
ton Of IA member co-ops in
the Washington area.
Something New
The idea. in any event, was
new to the transit situation.
And it also is something new
in the world Of co-ops.
BaSically, there are two
types of co-ops-producer CO.
ops and consumer co-ops. The
producer co-ops are composed
of members who produce
something or provide some
service. They pool their OPP
erations and share the profits.
Mr.. Bierwagen though, said he
was not interested in that kind
of employe ownership.
Consumer co-ops, however.
are made up Of people who buy
the services of whatever is be-
ing sold. Oversimplifled, the
idea is that if they want shoes.
they buy up a shoe factory
and the retail stores and sell
to themselves. Then, at the
end OF the year. whatever
money is left over-which a
private operator would classify
as profits split up and
handed back to the member
patrons of the coop as q
patronage refund"
Mr.. Hankin's idea makes no
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-04
MARYLAND:
By GENE GOODWIN

State parks and recreation
facilities are not Maryland's
strong suit.
Although great strides have
been made in recent years, the
Free State, in the opinion of
most observers. still lags be-
hind neighboring Pennsylvania
and Virginia in State park
facilities and behind neighbor-
ing Delaware tn State-owned
beaches.
Geographically, Maryland
has opportunities for the de-
velopment of public recreation
that are available to very few
States. She has the Atlantic
Ocean on the east and the
Appalachian Mountains on the
west, and in between, the mag
nificent. 180-mile-long Chesa-
peake Bay.
In the mountains Of Garrett
and Allegany Counties, Mary
land has title to more than
100000 acres of forest land.
Here lies the States greatest
potential public recreation
area. But very little of that
acreage has been developed
into park-like facilities for
general public use. Most of it
is still wild forest-good for
hunting and primitive explora-
tons, but with little appeal for
the average city dweller seek
ing a week end of camping,
picnicking or swimming.
No Atomic Perks
Maryland owns no land at
all along its Atlantic seacoast.
just to the north Of Ocean
City, in contrast, the State Of
Delaware owns miles of I'M
spoiled beachland. which it is
developing for public use.
The Maryland Department
Of Forests and Parks is under
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-04
Radio Keeps Fans
Despite TV Appeal
BY HARRY MACARTHUR

Jack Benny. the well-known
s9-year-old comedian, an
nounced recently that he was
giving up radio to concentrate
his energies on television. For
many. it must have signalled
more than any other single
event of the past few years
the end Of an era.
There was q tirne-recent
enough that even some of the
fairly young can recall it
when what Mr.. Benny said
last night was the ieading
Monday morning converse
tional gambit at the office
water cooler. That was back
when the living room was that,
a room for living rather than
a sort of semi-private home
movie theater focused on a
large luminous screen in the
corner.
Nothing about life today
would more startle q modern
Rip Van Wrinkle returning
from q 10-year snooze than
the status Of radio. It has
been thoroughly If not COM
pletely eclipsed by television.
It has been replaced as the
national soporific, with tele-
vision now grinding out popu-
lar diversion hour after hour.
Radio. in fact, is worse off
than the weather; nobody talks
about it and precious few
seem to be doing anything
about it. Oddly enough, it is
still healthier than its in
voluntary retreat into oblivion
might indicate.
Both Expond
While television has been
bursting into life deaping from
$4,000 sets in 1913 to 36.2
million sets in 1855. radio has
been enjoying a boom all its
own. From SO million sets in
l945 radio has grown to
1924 million receivers of all
kinds in 1855.
Today 45.9 million of the
Nations 46.6 million homes
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-04

owns or longs to own a place
on the shore"
The virtue of such private
ownership often is extolled in
the halls of the Legislature and
the tradition helps explain
some Of Maryland's backward
ness in providing its citizens
with adequate outdoor recrea-
ton facilities. For some rea-
son. however, the private VS..
public ownership issue has been
less of a deterrent to State
park builders In mountainous
Western Maryland.
The Need
Director Of Maryland's IL
State parks. totalling 10000
square acres. and its 5 State
forests. totalling 125. 900 square
acres, is Joseph F. Kaylor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-04
Australia Seeks to Pottern Her Future
On 100 Year Economic Rise of u. S.

chiefly sheep, cattle. and lum-
Der.
Consumer goods lack i'm
agination and innovation. Ad-
vertising is a clumsy art.
Frequently, the government
has to take the lead, as III
television. where q commission
has been studying how to
bring TV to the country for
more than two years. AS yet
there Is no TV In Australia
at all.
Probably because Of Austria
las recent period OF socialist
leadership, government has
got into business in a big way.
1t operates Australia's largest
domestic airline. a steamship
line, commercial banks, and
all rail and communication
service.
All this is not to imply that
Australia is in economic
straits. Wool, the bellwether
Of the Australian economy and
principal source of prosperity.
has commanded record prices
in the postwar years.
Millions Of Sheep
Sheep raising (Australia has
127 million of the animals) is
the foremost economic activity.
Sheep stations" range from
small ones Of 1000 acres or so
found in south and east Aus
tralia to the vast properties OF
several million acres in the
central and northern regions.
Cattle raising is almost as
important as the sheep enter
prises.
Both activities participate
extensively In Australians for
eign trade. Australians are,
of course. very conscious of the
United States early reliance
on livestock to help open up
the vast West.
In even hasty compare
son Of Australia and Amer
lea. 1t is not possible to over
look athletics. Australians
take their tennis and cricket
just as seriously as Americans
take baseball and football.
Sports are highly commercial
lied, but on an amateur"
basis. Athletes make less Of
the money, clubs and promot-
ers make more.
Basically, however, it is the
frontier spirit, founded on the
Saxon heritage. that produces
the feeling of kinship that
Australians have for Ameri-
cans, even though we are al
most half a globe apart.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-04

provision for patronage re-
funds" but does call for linn
tied dividends on stock.
Limited Dividends
Any additional profits"
Mr.. Hankin suggested, could be
plowed back into the system to
improve service or made the
basis Of cutting fares.
One effect Of this would be
to cut taxes. which cost each
rider about 10 per cent OF his
fare, thus leaving more money
for wages, vehicles and other
services. And. as Mr.. Hankin
pointed out. Income taxes can
be considerably reduced by re-
ducing the income"
In any event, the race is
open to private enterprise
profit-motivated. or non-profit
for So more days.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-04

Mr.. Kaylor frequently argues
that Maryland should not rest
until it has 10 times as much
public park land as the one
acre per 1000 persons 1t now
owns. He urges action now
because he knows that as the
need for park land increases
with the spread of urbaniza-
ton, the cost of buying it also
increases.
Mr.. Kaylor, reviewing re-
ports Of the record numbers
who overlooked his parks this
summer, also knows that more
and more urban Marylanders
are finding themselves in
agreement with sentiments
such as this one expressed by
Bernard Devote in the Sep
TENDER issue Of Harper's
Magazine: