davidaulloa/AmericanStories huggingface dataset:
The Miami times. [volume] (Miami, Fla.) 1923-current, 1956-03-03

Peggy DeShields, Friedrich Sim
mons, and Mesdames Athea Wake
Hayhng, Bernice Tolliver Johnson,
and Henni Johnson.
The 10 year old Sphinx Civic
Club held its annual Brotherhood
program at the home of the clubs
Secretary, James McFadgon OF
18th Avenue. President Alexander
Brooks introduced the guest
speaker, the Rev. Thedford John
son who gave an illustrated
lecture on his foreign travels OF
the cast summer. Also on the
program were the Rev. /. c.
Mickens, Buecea Solomon, James
McFadgon, Cecile McFadgon and
Mrs. James Smith. Members in
clude r. c. Coleman, B. Solomon,
James Smith, Albert Johnson,
Herman Blackshear, James Silva,
Albert Bellamy, and CIV. Bruton.
Statuesque Andel Mickens, Miss
Fashionetta of 1856, left Friday to
attend the Southern Regional
Meeting of the Tuskegee Alumni
Association which convenes in
Charlotte, N. c. this weekend.
Mrs. Mickens who teaches at
Holmes Elementary School is an
ardent worker in her husbands
church, Mt. Olivet Baptist, and is
active in various civic and social
organizations.
Congratulations TO Mrs. Hannah
Smith Edwards who was cited by
her sorority, Zeta Phi Beta, as
most cooperative member; to Mrs.
Myrtle Mcleod Davis most out
standing member Oh Zeta Amicae;
and b Zetas frankie Role and
Rosemary Braynon Donaldson
whose skits have won first places
for three succeeding years in the
annual Jabberwock sponsored by
Delta Sigma Theta sorority.
Liberty City E m en- tary
Schools AZ faculty members will
present their second annual
Teachers on Parade program on
March Is. Last years presenta-
ton was very well received and
we are looking forward eagerly to
the 1866 production. A special
guest artist will be featured.
n the r17i. a. invitation 70 the
l4th Anniversary Dance of the
Royal 20s of Coconut Grove. This
civic, social and educational club
will hold its formal dance at the
Harlem Square Club on next
Friday night. The 20 members are
The Miami times. [volume] (Miami, Fla.) 1923-current, 1956-03-03
Lay-a-way Plan or terms
Arranged

headed by Mrs. Earmatine Holt
on.
Mrs. Oswald Pyfrom Shirley
Turnquest) returned to Miami
Tuesday to complete her packing.
She will join her husband next
week at their new home at
Governors Hlanibor. Mrs. Ply
from was happy to find her aunt,
Mrs. Edna Miles Owens conva-
lescing from a recent operation.
y
Attractive newspaper woman,
Grace Sadler of Detroit, spent a
pleasant week as guest of the
Lord Calvert Hotel. She says that
il is really cold at home and MI
ami was quite heavenly. She was
glad to see her friend Myrtle
Evans again.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-04

J acknowledgements Washington s
Washington, 7th. 9Th ond { sts, NV Ma $500
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-04

advantages Of having the Balti-
more parkway running alongside
and the lower cost Of the project
as compared to other suggested
sites in the District.
The meeting. conducted by
Gilbert C. Vincent, president,
was held in the Church of Christ,
Twenty-eighth and Douglas
streets NE.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-04
Troining School Site
For Studium Backed

The National Gateway Citizens
Association last night favored
the National Training School
site for the construction of a
new municipal stadium.
The group pointed out the
Evening star., 1956-11-30
.RetuiI Trade
Dips

NEW YORK, Nov. 80 (P).-
Despite early Christmas sales
promotions, total retail trade in
the country this week slipped
somewhat below that of last
year, Dun & Bradstreet reported
today.
Shoppers bought more gifts.
apparel and housewares, and
sales of new cars continued to
climb as dealer inventories of
1857 models remained on the
light side Volume in major ap-
pliances decreased. however.
Gains in blouses, sweaters and
jewelry spanked an upsurge in
the buying of women's fashion
accessories. and the call for
dresses and coats expanded ap-
preciably. Boys clothing sales
rose noticeably, but mems ap-
parel was fractionally below the
comparable 1855 levels.
Total dollar volume of re-
tail trade was from 8 per cent
below to / per cent above a year
ago, Dun g. Bradstreet said. Per-
centage changes from a year ago
in major areas were as follows:
New England, down to down l.;
East and Northeast. down 4 to
unchanged: South, down to up
8; Middle West and Southwest,
down 2 to up 2; Pacific Coast,
down 3 to up 1.
Evening star., 1956-11-30
Robertson Asks
u. 5. Spending
BE Restrained

The 85th Congress will have
to increase defense spending but
it should reduce domestics spend.
ing. by an equal amount, Sen.
ator A. Willis Robertson told the
Northern Virginia Bankers con-
ference at Culpeper last night.
Senator Robertson commented
on Congress spending problem
after devoting a large part of
his speech to the need for re-
straining private spending in
order to avoid an alternative OF
imitation followed by collapse,
The same need for restraint ap-
plies to Congress. he said.
Referring to credit policies OF
the Federal Reserve Board,
Senator Robertson said a policy
of monentary restraint can never
be popular.
mo one likes to pay higher
interest rates or to be told by his
oank that there is not enough
money to satisfy his and every
body elSe's requests in full. The
banker, too, finds it unpleasant
to turn down business" he
declared.
But a sound monetary policy
remains the best way that a
free-enterprise economy can
control a head-long BOOM"
THE Federal Reserve has not
attempted to strangle the boom,
but simply to maintain a leash
on it," he said. Accordingly, it
has refrained from supplying
additional funds to the banking
system which could have served
as the basis for further credit
1t has allowed the
market to tighten itself. "
Senator Robertson said he
hoped that legislation revising
Federal statutes governing banks,
savings and loan associations
and credit unions will be in final
form and win approval of the
Senate Banking and Currency
Committee by early next spring.
Evening star., 1956-11-30
BUSINESS
BRIEFS

Heavy Construction Contract
awards reported in tie week end
ed Monday amounted to $377,-
10000, consisting of $189, $685.
600 in private and $187 .533, 900
in public construction, compared
with $357,6O0.OO0 for the pre-
vious week and $278, ,795, 900 for
the like week in l955.-Engi-
neering News Record.
Freight Car LOadings for the
Thanksgiving holiday week end
ed November "a totaled 1885
cars or 14.8 per cent below the
previous week. which included
veterans Day, and 2l,O30 cars
or 81 per cent below the cor
responding week last year, but
67,400 cars or 11.6 per cent above
the same week in l954.-Assn. of
American Railroads.
Loans to Brokers and dealers
on othe rthan United States
Government securities held by
member banks in New York City
totaled $1,O89, 100000 Wednes-
day. a decrease of 100000, 900
from a week before, and a de-
crease of $579. 100000 from a
year before.-Federal Reserve
Board.
Init. Business Machines an
nounced it would offer for sale
as well as rental its accounting
and electronic data processing
IBM'S new sale policy
is in accordance with a consent
Judgment between the company
and the Justice Department.
Sylvania Electric Products, Inc.
announced plans for a multi
million-dollar research center
for its electronic systems divi-
sion in Buffalo, N. Y.
Western Electric has invited
any or all of it's 125, 900 employees
to further their college educa-
tions on their own time at COM
pany expense. The company
Is ready to'pay all tuition costs.
up to $3.50 a year, Of any worker
from Office boy to executive
at any accredited college or uni
versity Of his choice.
The New York Stock Exchange
reports arrangements have been
made for sale of a membership
at $4,000. a drop Of $4,000 from
the last sale. This is the lowest
price for a stock exchange seat
since Nov. 10. 1854, when one
was sold for $4,000.
Marshall Field reported earn
ings Of s4.i90,82l, equal to Sl.91
a common share, for the nine
months ended Oct. 81. Compared
with $4.ll5,740. or $187 a share.
for the similar 1855 period.
other corporate earnings:
Fer Year Ended October 81
Evening star., 1956-11-30
CoIortone Press
Appoints Division
Sales Executives

Colortone Press has named
Eric B. Forster sales manager of
its Lithographic Division and
Jayo Williamson sales manager
OF its Topographic Division.
President AL Hack announced
today.
Mr.. Forster formerly was sales
manager of the Picto- Chrome
Publishing Co.,. Inc, and is a
graduate of George Washington
University where he majored in
business administration.
Before joining Colortone, Mr..
Williamson was the printing
member of the Army Psyche
logical Warfare Board at Fort
Bragg, N. c.. and was the Middle
East manager for Time-Life In
ternational in Cairo, Egypt. He
is a graduate of Depauw Uni
versity.
Evening star., 1956-11-30
New Security
Offerings Due
To Set Record

New corporate securities Offer
ings continued at a high level
during the third quarter of 1856,
despite tight-money conditions,
and almost equalled the record
OF the previous quarter, the Sc
curities and Exchange Commis-
sion announced today.
Corporations offered $2.7 bill
lion OF new issues in the latest
quarter, a decline Of only $500
million from the second quarter
This raised the total of new
corporate offerings for the first
nine months of this year to $7.9
billion, compared with $7.3 bill
lion in the like 1855 period. If
offerings continue at the present
rate, the 1856 total will exceed
the record of $10.2 billion offered
in 1855.
The high level of securities
offerings this year reflects the
unprecedented amount of busi-
ness spending for expansion, the
SEC reported.
During the nine months, cor
porations offered $4.6 billion of
securities for this purpose, or
$l.2 billion more than in the
same period last year.
In the third quarter. SIT bill
lion OF corporate offerings were
for plant and equipment ex-
penditures and $700 million for
working capital, a total of $2.4
billion for new money purposes.
This was 5000 million less than
IN the second quarter of 1856
but almost $500 million mora
than the first quarter.
Other uses of net proceeds of
new issues in the third quarter
were 500 million for retirement
OF securities and 5000 million for
other purposes, about the same
as in the two preceding quar-
tNs. New issues for refunding
purposes amounted to $40O mil
lion compared with 81 billion
IN the same period of 1866. the
lower amount this year largely
rejecting higher interest rates.
Evening star., 1956-11-30
SeiberIing Rubber
Votes Stock Dividend

AKRON. Ohio. Nov. 30 (P).-
Directors Of Seiberling Rubber
Co. yesterday declared a is cents
dividend on common stock. plus
"a stock dividend of 3 per cent.
The board also declared regu-
lar quarterly dividends on both
classes of preferred stocks.
The Is cent cash dividend is
payable December 81 to stock
holders Of record December 10.
The stock dividend is payable
February l to holders Of record
January 10. Dividends on pre-
ferred stock are payable January
/ to stockholders Of record De-
cember IA.
Evening star., 1956-11-30
FOREIGN EXCHANGE

NEW YORK. Nov. 80 @1.-ForeiEn ex-
change rates follow Great Britain in
dollars. others in centsl:
Canadian dollar in New York open
market 4h per cent premium or 1922
United States cents of 1872 of cent.
Europe: Great Britain (poundl
$2.7S 9/32, unchanged; Great Britain
30-day futures 2.77 9/32. up "a Of a
cent; Great Britain To-day futures
2;76 1882. on Il Of cent; Great Brit
ain 90-day. futures 2.75 1872. of 70 Of
q cent: Belgium -drancl 1.9934, up .0Ois
OF q cent; France (francl .2Sss OF a
cent. unchanged: Germany tWesternI
(Deutsche. mark $3.50. unchanged; Hol-
land !guilderl 26l25s. up .O6Is Of
cent; Italy tliral .16h OF a cent, un-
chansed Portugal (escudol 800. un-
changed: Sweden (kronal 1884. un-
changed; Switzerland tfranc) Qreel
23.34. unchanged: Denmark (kroneD
$50. unchanged
Latin America: Argentine tfree) 2.s9.
unchanged Brazil tfree) Los un-
changed Mexico Sol, unchanged Vene-
zuela tboliyarl 3003 unchanged.
Evening star., 1956-11-30
CHIcAGOLIVESTOcK

CHICAGO Nov. 80 ~ ,UsDAI-
5alable hogs 600, moderately active
decline on weights 94O lbs and HEAVIER
soWs mostly ~ lower. ! = mixed grade
lots lAO-2f0-lh. butchers. i5g5.i5 al.
lev lots mixed Grade i-3 lqO-gs0 ibs
q 1919, 2s-head lot i-2 600 lbs Al
] h.s5; mixed a-a 250-g70 ibs rs O0.
ia.26 few lots mostly g5O-gaO ibs
A.7J-i5n0 larger lots mixed grade 40.
2au'lb soSs l2-5o-i3.75i lots sos
sAlable cattle 1000. calves. 900; All
classes scarce, cleanup trade mostiv
steady oull; Dun and weak few 5000
and choice slaughter steers ~ 5o-g4 00.
load OF choice LIS lbs. 1850; few head
utility and standard steers. / . So \ ljll.
loac of gooc and choice g2S-ib heifert
20lsl load q stapdard g30-lb steers
and heiiers miyed. rs so. few lots ufiiiiy
and standard heifera, 90. Il 90. fea
ftAndhrd cows " 70 ~ 90. few nigh
commercial sows - H. nU Utility 10 iou
commercial a.25-t1 90. cannerS and cue.
ters 1.50-9 50. few heavy cutters 10 10
1000 few ight cutters down 70 II so.
ieW Utility "a lov commercial bulls
below
sslabis thssp. 500, aaurh,sr lamb,
fnd thfep steady; rood 10 nffus Waoisd
lambs isuosGn o. caii 70 iow adot
s0o-i ~ ieW eun . choice uooisd
Evening star., 1956-11-30

$537 ,850,892 in November last
year.
Clearings for IL months aver
aged $6,174,938, ,083, an increase
Of 5 per cent from $5,877, ,823,312
In the same 1895 period.
From the Federal Reserve
Bank of Richmond came word
that outstanding loans of II re-
serve member banks here reached
a new all-time record of $685.
100000 on November 26.
The new peak was up $6,085,-
900 from $529,3 1895, 900 a week
earlier and SGT, ,77O,0O0 ahead of
$479,710,000 on November % last
year. The previous peak of
$529, $4,000 last September IL
was almost equalled a week ago.
Commercial and industrial
loans of the Capital institutions
also reached a new all-time high
OF 1929, ,720. 900, a gain of ST.
100000 from $221, 1850, 900 a week
earlier and $12,845.0 900 ahead of
$210.875. 900 a year ago. Previous
peak was $222,042,OOO on Octo-
ber II.
Real estate loans of $143,975,-
900 we're down $4,000 in the
week and $1,943,O0O ahead of
the like 1855 date. Other loans
of 1854, 100000 were up $3,292.-
900 in the week and $17,798, 900
above a year ago. The last total
is described as mostly consumer
loans
Demand deposits Of 34,416,-
900 were down $7.178,00O in the
week. but still $25, 1882 900 above
the like 1855 date. Time deposits
of $252.171,0 were off $l,564,-
900 in the week and $3,280,000
below a year ego.
"Fed" Increases Holdings
Of U. S. Bonds Slightly
The Federal Reserve System
added slightly to It's holdings of
Federal obligations for the
fourth week in a row, but OBJ
servers saw little change in the
tight-money Sitution.
For the week ended November
% the system added $15l million
to its Government portfolio, a
small figure compared with a
total of $24.110,0O0,000 which
remained only $207 million
above this time a year ago.
The Feds" purchase of Gov
ernment securities puts cash in
the Nations banks and provides
a basis for credit expansion. but
in the present situation, the ad-
ditions seem designed only to
keep seasonal credit needs from
pressing too hard on the banking
system.
Despite the small additions to
the Feds" holdings, excess re-
serves exceeded member bank
borrowings at the Federal Re-
serve Banks by only $66 million.
compared with $31 million a
week earlier.
Evening star., 1956-11-30
BY ELMER ROESSNER

This (tra-la and jingle, jIngle!)
is the time Of year that retailers
pile up most sales and make
scads Of money-or at least
break even with losses during
the first 10 months.
1t is also the time Of year that
they pile up headaches. From
now until Christmas retailers
will eat more aspirin, develop
more ulcers, beat more wives
and display other symptoms of
Illustration than in any other
season.
Here are their most anguish
ing problems:
Personnel: It has been in
|creasingly difficult to get COM
Evening star., 1956-11-30
NEW UNDERWATER TV camera
Christmas Giving Brisk
In Business World, Too

present to the switchboard opera
tor at his own company but also
to the operator of a company
which he calls-or calls on
regularly. The result may be a
reduction in the number of times
he is told, Sorry. Mr.. Spivius
is in conference.
Government employees shy
away from preferred Christmas
gifts in an almost pathological
fashion. Air Force Regulation
30-30. which is observed through
out the armed forces, for all
practical purposes means no
favor or gratuity" at all.
One official-not of the Armed
Forces-said; Years back we
used to get a couple of bottles in
this Office on Christmas Eve. Now
we wouldn't even accept a pack
age of cigarettes"
Evening star., 1956-11-30
Washington Gas Light
Earnings Up Sharply

Net income of Washington
Gas Light Co. in the first 10
months of this year amounted
to $3.642,393. an increase of Al
per cent from $2,466.293 in the
same 1855 period. the company
reported yesterday.
Operating revenues rose to
$39,213,918, a rise of $5,523, ,283
from $33. .690,635 a year earlier,
while operating expenses of
$34.310.472 were up $4.348.571
from $29, ,961 ,90l in the same
period last year.
The company had a seasonal
net loss of only $l83,82l in Oc-
tober. compared with a deficit Of
1929, ,466 in october last year.
Evening star., 1956-11-30
Retailers Like Christmas
Except for the Headaches

Ipetent sales extras at Christmas.
Some companies have been re-
signed to hiring warm bodies.
In any case, a merchant who
has not yet signed on the extra
help he'll need in the next three
weeks is dead--saleswise, that is.
Problem Of Human Frailties
Shoplifters: Customers with
sticky fingers love crowds and
confusion; some only work dur
ing the Christmas season. This
compels retailers to step up store
protection services-hiring more
floor detectives who, in turn, in
crease the crowding. Some mer-
chants say they suffer half their
annual losses during the Christ
mas season.
Pilferage: It's difficult to check
temporary employees thoroughly
Shoplifting gangs often try to
get one member on the payroll
of large stores to spot easily
lifted goods or to create SEEM
ingly innocent diversions when
a big lift is in process. This is
on top of the common tempta-
tionS that cause otherwise hon.
est employees to take things
home. Souvenirs, perhaps.
Paperhangers: PasSers OF
worthless checks also love crowds
and confusion. Setting up rules
for cashiers is a dificult prob
lem. 1t is hard to screen out
crooks without offending honest
shoppers. A merchant Who goes
through the Christmas season
without a bad-check loss has
probably lost thousands of dol
lars in sales by Scrutinizing good
checks too closely. Yet once a
merchant lowers the bars check
.paSSerS pass the word and all
their associates move in with
worthless scraps of paper.
Hazards of Selling
Fires: There's probably no re-
taller living who does not harbor
a fear of a store fire or, worse,
of some idiot who causes a panic
by shouting "Fire!" Today,
danger Of fire is almost nom
existent. Management has re-
duced hazards and fire depart
ments check constantly.
Accidents: The large number
of customers increase chances
Of mishapS. Rushing shoppers
catch others feet in revolving
doors and temporary stock clerks
run down customers with their
carts. Most retailers check their
liability insurance and then
hover around doors, aisles and
other danger points at rush
hours.
Fallers: This is another type
of dishonest operator that
emerges this time of the year.
Fallers slip on imaginary spots
of water, tear clothes on invisible
splinters. tumble down escala-
tors-and send their lawyers
around in the morning.
Customer Observation-Disclosures:
Here is probably the greatest
dollar loss to most merchants,
and they cannot take insurance
against it. In the hurly-burly of
holiday shopping, customers are
waited on out of turn, they take
offenSe at the way a temporary
employee chews gum,, they mis-
read advertisements, they get
rude persons, they find the ar
ticles they wanted out of stock,
they have to wait to get into the
powder room--and they take
their trade someplace else.
The only comfort a merchant
can have is all this evens up:
for every customer he loses a
competitor will lose one to him.
Mcclure Newspaper syndicateJ
Evening star., 1956-11-30
Large Savings Volumes
Declared Necessary

Large volumes Of savings will
be needed to permit anticipated
economic growth to proceed
swiftly and soundly. declares
the December survey of Guar
anty Trust Co.
Declaring that thrift has be-
come respectable again." the
survey halls the end Of two
decades during which the the
ory OF secular stagnation dis
couraged saving as a bad
citizenship" practice.
With a worldwide business
boom under way. the publica-
ton declares. little is heard OF
of the theory of secular stagna-
tion born 20 years ago in the
belief that the economic frontier
had been reached.
Standard e. Poor's reports
that bank earnings next year
probably will be somewhat bet
ter than even the improved
figures indicated for 1856. II
points TO the current high level
OF bank loans.
Evening star., 1956-11-30
Kay Jewelry Stores Votes
Quarterly Of 40 Cents

Directors Of Kay Jewelry
Stores. Inc. have declared a reg
ular quarterly dividend of 40
cents a share. Secretary Simon
Hirschman announced.
The dividend will be payable
December Is to stockholders of
record December 5.
Evening star., 1956-11-30
Aviation Publications
To Pay Yule Bonus

Directors of American Avia-
ton Publications have author
lied distribution of a $4,000
Christmas bonus to $50 full
time employees on December IT.
The action continues a policy of
sharing results Of a successful
year.
Two weeks salary will be
given to employees with a mini
mum service of three years. One
weeks salary will go to those
employed prior to last January
Il. One-half weeks salary will
be given to those employed after
January l but before July 1.
Lesser amounts will go to others.
Evening star., 1956-11-30
American Building Name
To Change Tomorrow

Change in the name of the
American Building Association
to American Savings and Loan
Association. announced about
two weeks ago, will become ef-
fective tomorrow.
Winfred H. Blanz. executive
vice president, said the change
was adopted by directors to de-
scribe the associations services
more clearly.
Association assets now exceed
$53.5 million and holders Of
share savings total 1908.
Around $500 are financing home
purchases through the associa-
ton. Some are the fourth gen.
Grafton of their families to have
accounts with American.
Howard B. Kramer is presi-
dent of the 82-year-old institu-
ton located at Pennsylvania
avenue and Third street Sc.
Evening star., 1956-11-30
B. F. Saul Co. to Mark
64th Anniversary
Area Store Sales Lag
Behind 1855 In Week

The B. F. Saul Co. will cele-
brate its 64th anniversary
tomorrow.
Founded by the late B. Francis
Saul, the firm has become one
of the leading mortgage and real
estate organizations in this area
under the guidance of Mr.. Saul
and his successors.
Frank J. Bell, now president,
has served the company more
than 40 years. A majority of the
officers have been with the firm
for many years and were asso-
ciates of the founder.
Specializing primarily in first
mortgage loans, property man
agement and insurance. the firm
has expanded steadily as the
Washington Metropolitan Area
has grown.
Evening star., 1956-11-30
DIVIDENDS

NEW YORK, Nov. 80 OP,.-Dividends
announced:
Pc Stk. Of Pay
Rate. riod. record. able
Evening star., 1956-11-30
MUTUAL FUNDS

NEW YORK. Nov. 30 tP.-National
Association Securities Dealers, Inc.
Moon ouOtatiOns)
Evening star., 1956-11-30
''s', s BUSINESS
CIeorings Set Records
In November, II Months
BY DONALD B. HADLEY


Washington bank clearings both
Al months OF this set records for those periods
announced today by William Cradn clearing house
November cleangs totad $56 seasonay
$607368659 the previous MONTH per ahead