davidaulloa/AmericanStories huggingface dataset:
Evening star., 1955-03-11
Coastal FinanceCorp
Adds Three Directors

Stockholders of Coastal Finance
Corp. elected three new directors
and reelected all other members
of the board at the annual meet
ing, President Frank Bush an
nounoed today.
New directors included: John
v Bowser, executive director of
the Securities and Exchange
Commission: William S. Mar
shall. Washington regional ad-
ministrator for the SEC, and
John L. Call, who is associated
with the Washington office of
Burton, Dana & Co., members
of the New York Stock Exchange.
All other directors were re-
elected. Directors reelected all
officers and approved two pro-
motions. John D. Robbins was
elected assistant treasurer and
Mrs. Dorothy E. White was
named assistant secretary.
Three quarterly dividends were
declared as follows: so cents a
share on the class A common
stock, 3712 cents on the $1.50
series convertible preferred and
is cents on the 6 per cent cumu-
lative preferred, all payable
April to stockholders of record
March 81.
Evening star., 1955-03-11
By DonoId B. HodIey

Outstanding loans Of IL WASH
ington reserve member banks re-
ceded for the second week IN q
row after reaching an all-time
peak. the Federal Reserve Bank
of Richmond disclosed today.
The total on March 2 was
$434 ,232, 900, q drop of 1854. 900
from a week earlier. but still 1873
per cent ahead of 1881 .946, 900
on the corresponding 1854 date.
The all-time peak Of $435, 1854, 900
was set February Is.
Commercial loans Of $189, $685.
900 on March 2 were OF $3,103,-
900 from q week earlier, but re-
manned 20.4 per cent above $751;
$4,000 year earlier.
Real estate loans totaled $129,-
TAT. 900 on March 2. a decrease
Of $4,000 from a week earlier
but 12.1 per cent above $13,994,-
900 a year ago. Other loans,
Evening star., 1955-03-11
Life in the U. S.
RogerWiioms
Tree Is FeHed,
Proves Ringer
By the Assoeiotsd Press

PROVIDENCE, r. L, Mar. IL.
The Roger Williams elm was
felled with Dutch elm disease
yesterday. and down with it went
its legend.
The huge tree long had been
associated with Roger Williams.
the Colonial divine who lived
nearby on what is now North
Main street.
But an examination by Brown
University botanist DR.. Walter
A. Snell-who measured the
trees annual growth rings-dis-
closed an age of about 200
years."
Roger williams died 27l years
ago this month.
Evening star., 1955-03-11
7 Alabama Children Die
In Abandoned Icebox
BY The Assoeiosed Press

BOWDON. Ga, Mar. 1.-Two
small children, playing "hide-
and-go-seeke sm o othered to
death near here yesterday when
they were trapped in a discarded
icebox.
Donnie Hickey Balenger, 4.
and his sister, Gwenda Faye. 6,
were playing with their 2-year-
old sister. Carolyn Lynne, when
the tragedy occurred.
The youngsters were the chill
dren of Mr.. and Mrs. Redge
Balenger of Ranburne, Ala,
about four miles west of Bowdon.
Mrs. Balenger said the two
older children apparently
crawled into the icebox in a
smokehouse in the back yard.
She said she discovered the bod
les when something" told her
to look in the icebox.
Evening star., 1955-03-11
Jurors Steaks Overdone

PEKIN. Ill. R-The Taze-
well County board of super
visors has placed a damper on
jurors with appetites for big,
thick steaks at county expense.
Appalled, at claims for $3.50
steaks served jury members,
the board yesterday fixed a
limit of $1.50 a meal in the
future. A claim for a $3.50 tip
to a waitress was denied.
Evening star., 1955-03-11
Patient Now inpatient

LOUISVILLE, KY. (P.-Fif-
teen minutes after she left the
hospital today Mrs. Elizabeth
Seelye was back-on a strictly
unscheduled visit.
After being treated for a pre-
vious ankle fracture, she and
her husband started home in an
auto with Mrs. Vivian Graves.
Mrs. Graves lost control of her
car, which sideswiped another,
knocked over a highway sign,
hit a f1replug, glanced off a
utility pole and struck four or
five trees before coming to a
halt.
Mrs. Seelye was treated for a
wrist fracture.
Evening star., 1955-03-11
Mosquito Stote' o-Buzz

ATLANTIC CITY. N. j. tR-A
Burlington County official COM
planned yesterday that too many
people think Of New Jersey as the
Mosquito State rather than the
Garden State.
Has the time not arrived, !"
asked Francis C. Stokes, when
our State government and all of
our citizens once and for always
stamp out all reference to New
Jersey as the Mosquito State?"
lie said that at a recent farm
convention in New York badges
for New Jersey delegates were
handed out showing a 3-inch
mosquito"
Mr. Stokes spoke at the annual
meeting of the New Jersey Mos
quito determination Association.
Evening star., 1955-03-11
Old Cars Called NTrotters'

CHICAGO How-times have
changed department: About so
years ago a car salesman would
often stress that his product was
'the trotting horse of automo-
blles" or "as easily controlled as
the best-mannered horse and
safer because it cannot scare"
Evening star., 1955-03-11
Samuel Eliot Morrison
To Retire at Harvard
BY the Assoeioted Press

CAMBRIDGE, Mass, Mar. II.
Rear Admiral Samuel Eliot
Morrison. USN, retired, historian
and biographer, will retire from
Harvard faculty June 80, it was
announced today.
Admiral Morrison in 1912 won
the Pulitzer Prize for his biog-
raphy of Christopher Columbus,
Admiral of the Ocean Sea-" He
has completed nine volumes of a
projected 14-volume History of
U. S. Naval Operations in World
War IL" The 10th volume is
scheduled for publication in 1856.
Evening star., 1955-03-11
New industrial Bunk
To Form in Pukistun

To help large and small indus
tries. Pakistan will form new
organization, the Industrial Bank
Of Pakistan. Lahore reports.
The United States and Britain
will subscribe half the capital
and the. other so per cent will be
local. The State Bank of PAX
istan and the government win
lend it funds for a good star"
and the World Bank win chip
in.
Evening star., 1955-03-11
Foreign Exchange

NEW YORK, Mar. II R.--Foreign
exchange rates follow. Great, Britain in
dollars; others in cents Unbalanced m
in New York open market ia per cent
premium or 1Oi 6s94. off 3-39.
Europe - Great Britain, pound
z. 70 5-32 up 1-32: 30-day futures.
2.7s 57-32. up 1-32; 6o-dsy, 2. 7sls, up
lag; 90-day, 2.7Sis, UP 1--32; Belgium
franc 19s5s; France. franc, .2s@;
Holland, guilder. 26.3O, off .0l; Italy.
Ira 16b; Portugal, escudo,, $50;
Sweden krona, 1894; Switzerland franc.
free, .2333ha: Denmark, krone, 1880,
Brazil, free. 1,35; Mexico. s.02; Vene-
zuela. bolivar 30.03
Far East-Hong Kong dollar. 1880.
Evening star., 1955-03-11

ton for having been seen 90
ing In through a Windows.
I'm the husband" he said.
II just came in to air the place
and I forgot my key"
So Landlord Louis Freemer.
who had met only the wife Of
his new tenants, helped the
stranger replace the screen
and went about his way. Later.
the tenant. Mrs. Nettie Nit
tauer. reported $681 missing
so was the husband"
Evening star., 1955-03-11

a n L. M r
Davies W i'll
h a v e head
quarters here.
A resident
of Rockville,
Mr.. D a v ! e S
formerly was
district repre-
sentative for
A t h ey Prod
uctS Corp. He
supervised the
CO m p a n y S
government a !
activities.
Evening star., 1955-03-11
Ford Honors Steuurt

Steuart Motor Co. was honored
by the Ford Division of the Ford
Motor Co. yesterday at presen-
tation ceremonies for the 1854
Four-Letter Dealer Award.
The Washington firm has won
the divisions highest honor for
seven years.
Evening star., 1955-03-11

w q s n lngton
division, has
been promoted
from assistant a
vice president
to vice presi-
dent, it was
a n n o u n C ed
following the
annual meet.
ing in Dallas.
r e. elected
officers in
cluded P. Ver-
non Cox, vice
president and
general mana
Evening star., 1955-03-11
No Help to Thief

DETROIT R.-Detroit po-
lice have been alerted to listen
for calls for help in three Ian
guageS.
Mrs. Chole Prado reported
her parrot Pete had been kid
naped. Pete, she said, can
Evening star., 1955-03-11
Security Bunk Dividend
Open House Scheduled

Call Carl, Inc, automobile re-
pair firm, has moved its main
plant and Offices to 1880 Twenty
fourth street NV. and will hold
open house from 2 to 10 pm.
tomorrow.
Edmund O. Carl, president Of
the firm, reports the new quar-
ters provide about nine times the
floor space of the previous loca-
ton at 1915 L street NV.
Evening star., 1955-03-11
Another Brooks Store

Brooks, 44-year-old Washing
ton speciality shop, has opened
another store in nearby Virginia.
Located in the Arlandria shop
ping center at 1908 Mount Ver-
non avenue, the new store will
serve Alexandria as well as Ar
lington.
Mrs. Russell Stover, who with
her husband, founded the Rus
sell Stover Candies Co. 80 years
ago, will attend the formal OPEN
ing of the company's second
Washington store at New York
avenue and Fourteenth street
NV. tomorrow.
Evening star., 1955-03-11

margaret "A.
Higgins, treasurer of George A.
Simons Co., has retired after
81 years of service with the firm.
Security Bank Dividend
Directors of the Security Bank
have declared a regular Semis
annual dividend of 5 per cent.
payable March 81 to stockholders
of record March "a, Secretary
Eleanor L. Dankmeyer an
nounced.
American Mercury Insurance
Co. reported premiums written in
1853 totaled 1898. $40, an increase
of 81 per cent from the previous
wear
Evening star., 1955-03-11

Nominations for the board of
directors of the District Life
Underwriters Association will be
made at a luncheon at the Will
lard Hotel next Thursday noon.
A membership roster has been
issued to aid in the nominations.
The annual election will be held
in May.
Guest speaker for the luncheon
meeting will be Horace r. Smith,
superintendent of agencies, the
Connecticut Mutual Life Insur-
ance Co.
Evening star., 1955-03-11

scream help" In English,
Spanish and italian.
Evening star., 1955-03-11
Mutual Funds

NEW, YORK, Mar. IL .R.-National
Association Securities Dealers, Inc:
moon QuotationS)
Evening star., 1955-03-11
STATEMENT OF THE CONDITION
OF THE
National Life Insurance
Com


Company
Of Montpelier, Vermont,
on the 31st day of December. 1854.
Bonds and stocks s153.ss1 .see .o4
estate e' ''AHs - On leAi as7.S5s. $50 20
Real estate 33732 59O27
Policy loans and pre-
iums notes 1s,345. .4oo.44
Collateral loans 946.961 OF
Cash and bank deposits 4,7S5.7l5 SO
Premiums deferred and
uncollected 7.641,s ,s64.11
Interest and other invest
ment income due and
accrued ----- 3,OS2, 1856 4 B
Other assets -------- 9.103,481 AZ
Total assets - s5s9 SIS. .7s7 .72
LIABILITIES
Aggregate reserve for
policies and contracts S434, ,SS9, 200 90
claims 1895, $50 so
ers' dividends 7s7,32s.79
tract liabilities - 1888, ,0O0. 90
Other liabilities ------- 107 ,467 $3.50. .55
Total liabilities s556,4o5. .a0s. "a
Surplus --- 80 153. .S29 .0S
Total ------ $3.50 ,519. 1912
SUMMARY OF OPERATIONS
Premiums and annuity
considerations 5 5S96S .33S 80
Considerations for sup
plmentary contracts 11,249.767. .04
Net investment income
and capital gains - 1s.6s5.4 .457 %
Other income - 1,343, 732 10
Total 9O,247.295.26
Death benefits and ma
tured endowments S 1920, ,ooo.77
Other DQymentS to D0i-
icyhoiders 1920 .o51 SO
Other payments and de-
ductfons from income ALBA 4.11634
Total -------- S 75.213. .16s.94
Net gain from operations
before dividends to
policyholders - 1904. .126. 80
Dividends to policy
holders 1851. .404 "a
Net gain from operations
after dividends to pol
tcyholderS - 3,6S2, ,T21 AS
-----------
Amount Of ordinary busi-
ness written during
Amount Of ordinary busi-
ness written in the
District Of Columbia
during the year 81 ,202 $50 90
A. j. BLACKMORE, Vice President.
C. A. HERSCHEL. Assistant Secretary.
Subscribed and sworn to before me
this ] 9TH day Of February. 1885.
(Sesl l.. c. JOHNSON. Notary Public.
Evening star., 1955-03-11
Bank Loans Continue to Lag
For I'd Week After New Peak

mostly consumer loans, amounted
to SLOT ,8S7, 900. O rise Of $1,044,-
900 in the week and 1 per cent
ahead Of $4.o3o,000 on the like
1883 date.
Union Trust Shores Jump
Five shares Of Union Trust Co.
changed hands at $71 q share on
the Washington Exchange
Branch of the Philadelphia
Baltimore Stock Exchange today
in response to plans for a 100
per cent stock dividend.
First trade in the shares this
year. the new high price con-
trasted with a closing price of
$40 last year. The 1854 high was
$50 and the low was $48. The
1858 high was $43.50 and the
low was $42.
Directors on Tuesday ap-
proved a proposed 100 per cent
stock dividend to be submitted
to stockholders on March %.
Under the plan every stockholder
of record at the close next Tues
day would receive an additional
share for each share held.
Traded in New York
Trading in purchase warrants
for additional shares of WASH
ington Gas Light Co. is taking
place in New York because firms
trading on the Washington ex-
change branch are members Of
the underwriting syndicate.
Dealers today expressed the
opinion that there would be
a heavy subscription for the
new stock on the basis of one
new share for each eight held.
Subscription rights were quoted
at 1882 and 1892 offered.
New Vice President
Louis F. Runge, superintend-
ent of combination agencies, for
the Southland Life Insurance
IN with hna adNlIo ri ORG in tho
Evening star., 1955-03-11
Nominations PIunned

ager of the company's Continent
tai Division here.
Evening star., 1955-03-11
Truded in New York
New Vice President

Louis F. Runge, superintend-
ent of combination agencies, for
the Southland Life Insurance
Co., with headquarters in the
Evening star., 1955-03-11
Promoted by Gar Wood

Walter c. Robertson, vice
president of the Gar Wood Inz
dustries. Inc, has appointed
William l.. Davies as his assist
Evening star., 1955-03-11
Window Story Wide Open

PHILADELPHIA, (P).-The
man found in an empty apart
ment by the landlord had q
seemingly plausible explana-
Evening star., 1955-03-11
dahwved locally!

7doo 6posenser Buick SPECIAL Sedan. Model 49, usated
Optional equipment accessories. sote ond local toxss un
additional Prices may vary slightly in adjoining communities
Even the foeonstued you may boson such
Heater Defroster :. $50; Rodio AAtenno $s3
Evening star., 1955-03-11

J. MCCALL HUGHES,
Vice President and Controller.
ROBERT R. STROUD Asst Secretary.
this 7th day of February. 1885.
lSeal) JOHN r. GIANNOTTI
Notary Public, State Of New York. No.
County. Term expires March so.
Evening star., 1955-07-14
DAVID LAWRENCE
The Paradox of Disarmament

come though nothing concrete
viii ever come Of 1t.
Naturally. military men are
concerned about any restric-
tons on. the use of weapons.
They have been saying In re-
cent years that the introduc-
ton Of nuclear weapons cuts
down the expense and actually
permits the reduction in the
arms budget. The fact that
the converse is also true
abolition of nuclear weapons
means an increase In conven-
tional arms-has not yet
seeped through to the people
In the Western countries.
There is evidence that the
Russians are building up their
armament at the very time
that their propaganda is urg-
ing a reduction or limitation.
1t is to the interest Of Moscow
to catch up with the United
States. particularly in air
power. II air strength is to be
limited, however, the Reds
have an ace in the hoIe-they
have the biggest land armies
in the world. Naturally it is
Moscow's effort to persuade
America and the West to stand
still a few years while the
Communists build up their
armament.
So the disarmament game
isn't fooling our own military
leaders as they scoff at talk
of reduced expense and lower
taxes allegedly as a result of
any international agreements
to limit armament. No plan
that has as yet been brought
out will accomplish any econ
omy for the American people
it could conceivably increase
by many billions Of dollars
the armament budget.
Reproduction Rights Reseryed)
Evening star., 1955-07-14
Bulgonin Goes to the Conference Table
With Strength Of Communist World
CONSTANTINE BROWN

Of Soviet divisions on the ter
ritories Of all these Peoples
Republics"
The 25o,000 Soviet troops
which should have been with
drawn from Romania and
Hungary after the ratification
Of the peace treaty with Aus
tria can now remain legally"
there. Some Of the forces re-
moved from the Austrian ter
ritory are being transferred to
Czechoslovakia on the basis of
. the Warsaw pacts.
The reconciliation between
the Kremlin and Belgrade.
which was hailed in this coun-
try as an unbelievable humil-
iation" Of the Red leadership,
has brought concrete results in
as far as the Reds foreign pol
icy is concerned. Tito, whose
military and economic stabil-
ity is sustained by the United
States, has underwritten all
the Red policies and goals in
the Far East. And that area is
today the main bone of con-
tention between the Commu-
niSts and ourselves; 1t remains
the most explosive portion In
the world. 1t is there that the
Communists hope to obtain
their most impressive diplo-
matte victories. It is there, and
not in Europe. that they expect
to force us to appease. And it
is there that they hope to
bring about the most serious
cleavage between America and
her European allies.
Tito has maintained himself
in power, after he was kicked
out of the Comintern, exclu-
sively through our unstinting
military, economic and flnan-
cial support. It is through that
assistance that he has become
today one of the main figures
in global politics. His prestige
outside Yugoslavia is far be-
yond his own or his country's
capabilities. Moscow has been
careful to exploit it to its ad-
Evening star., 1955-07-14
New Attitudes on Public Projects

is apt to look on reclamation as
a work program better left for
bad times.
Time was when Southerners
were more easily persuaded to
join in the development of the
West. The South then was
poor and had its own prob
lens for whose solution it
wanted to make friends and
influence people. With the
South's increasing Industrial
ization many traditiona |
Southern attitudes are chang
ing.
Most of the city liberals are
Democrats, susceptible to the
influence Of a Democratic
President. That pressure Of
course Is missing now.
The House Interior Commit
tee approved a $76O million
authorization for Upper Colo
RADIO. which is somewhat less
than the Senate agreed to. It
is the only large project of
this kind being pushed at
present.
Some Of its hackers feel that
unless they can detect a more
hospitable climate for it in
the House these closing weeks,
it would be better to drop it
now and renew the fight next
year. The theory is that spend
ing programs and elections 60
together anyway.
Evening star., 1955-07-14

Texas which Mr.. Eisenhower
had carried, to head the new
Department of Health, Educa-
ton and Welfare. Women had
contributed heavily to the 1852
Eisenhower landslide. Mrs.
Hobby's appointment was in
recognition of this-and in an
ticipation Of attracting future
support of women, as well as a
token of the special interest
of women in social welfare.
She became on April II, 1858,
the first head of the new de-
partment when the SD Re-
publican Congress enacted the.
bill which had kicked around
in Congress a long time and
had been urged by former
President Truman in vain to
Democratic Congresses. The
new department embraced
Chiefly the former Federal Sc
curity Agency. of which Mrs.
Hobby had become admins
traitor at the beginning of the
Eisenhower administration.
The politics in the Durkin
and Hobby appointments did
not pan out as we'll as had
been expected. as often hap
pens with such political ma
neuvers.
The Eisenhower administra-
tion's first Secretary of Labor
became disgruntled over fail
ure Of the President to 60 as
far as Mr.. Durkin wanted to
go in revision of the Taft
Hartley labor law. So he quit
in September. 1853. In filling
the cabinet post the President
abandoned any pat political
formulae. He selected James
p. Mitchell, who was Re-
publican and not from the
ranks of organized labor,
though enjoying a high repu-
tation with organized labor
because of his years of expe-
rience In industrial relations
work, both in private business
and as an official of the Fed
eral Government.
Nor was Mrs. Hobby, though
a success as head of the WACs
in World War II. equally sue
cessful as political asset for
the Eisenhower administra-
ton. While highly praised as
a capable administrator in the
effusive eulogies poured out at
her departure, the various and
powerful education. health and
welfare groups in the country
never warmed up to her. They
found in her a highly devel-
oped devotion to States rights
and private enterprise and al
most a passionate adherence
Of Federal Government intru-
sion into social welfare activi-
ties, which, in their view, was
exaggerated to the point where
1t impeded proper solution OF
education, school and health
Evening star., 1955-07-14
Stability of Eisenhower Cabinet

problems. To that they attrib.
uted also her ultimate diff
culties in the Salk polio vac
cine crisis which made her in
recent weeks the center of a
Nationwide controversy.
In choosing her successor,
Mr.. Eisenhower followed no
pat political formulae either,
though his selection is re-
garded as sound politically as
in other ways. Marion B. Fol-
som, who has been Under
secretary of Treasury, is a
recognized forward looking
busine ssm a n with a pro-
nounced sense Of public and
social consciousness. He has
contributed to the develop
ment of our social security
laws and their principles and
philosophy, beginning with his
service on an advisory COM
mlttee that helped to formu-
late the original social security
statutes of the Roosevelt ad-
ministration in 1885.
Mr.. Folsom, whose whole
business career was with East
man Kodak Co. in Rochester,
N. Y, beginning when he was
Il in 1914, is a native of
Georgia.
Evening star., 1955-07-14
DORIS FLEESON
South Could Once Be Counted on to Aid
, Development Programs, but Not Now

As proponents Of iva found
out before them, members of
Congress from reclamation
States are discovering that it
is uphill work to interest Con-
greSs as a whole these days in
great public projects.
The Upper Colorado water
project is vital to the develop
ment of Colorado, Utah, New
Mexico and Wyoming. With
out the water and power it
will provide, these States can
not grow.
President Eisenhower. was
persuaded to approve it. A BIZ
partisan coalition got it past
the Senate and the House In.
terror Committee reported 1t
in the House Rules Committee
unanimously. Now 1t is stuck
and it Is hard to escape the
impression that a great many
people who would be reluctant
to fight it openly planned it
that way.
The President continues to
tell his congressional leaders
that he is for it. There is
no evidence that the White
House is doing the personal,
intensive cultivation of votes
in key places by which con-
Evening star., 1955-07-14

A clinical analysis Of the
position Of the USSR COM
pared with that of the United
States at the Geneva Con-
ference seems to give q sub
stantial edge TO our oppo-
nents. There is. at least. only
a sketchy meeting of the
minds among the Western
powers. America and Britain
are going to make real efforts
to obtain Germany's unifica-
ton at as reasonable a price
as possible. France, much less
interested In this matter. win
press for limitation of arma-
ments. When Marshal Bull
ganin raises the question Of
the Far East-on which Pres
ident Eisenhower has assured
the members Of Congress that
we would only listen, but
permit no Substantive dis
cussions"-the Soviet Premier
Is assured beforehand of the
fun sympathy of our British
and French allies. We are
going to the summit" merely
to explore the good faith and
the intentions Of the Rus
slams; our Western allies ex-
pect to press for more Sub
stantive" results, particularly
in the matter of opening the
floodgates of trade and COM
merce between Europe and
the East. We intend to raise
the question of the subjected
nations behind the Iron Cur
tain. Our allies will not join
us. They are ready to con-
firm solemnly the present Red
boundaries toward the West.
The Muscovites are coming
to Geneva with a formally
established Eastern NATO,
signed at Warsaw two months
ago with all their satellite
countries. This gives them
legal command of all the
satellite countries forces and
also formalizes the presence