davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23

up too. but the supply Of money
has not been rising at nearly
as fast a speed as the demand
for money.
And the Federal Reserve
System simply refuses to Gre
ate" and pour into the banking
stream SUFFICIENT new cash to
bring the demand and supply
into balance. for it is convinced
this action would be perilously
inf1ationary and it is not being
impressed by the uproar over
tight" money.
Pressure Mounting
The result of the four factors
outlined can only be persist
emily fierce pressure on borrow
ing rates. The natural" forces
of demand and supply are be-
ing allowed to operate in the
money markets today and.
when the demand for any prod
uct exceeds the supply in an
unrigged market, you know
what happens: The price of the
product goes up. In this case,
the product is money and the
price is the interest rate.
The Treasury is trying to
attract the investors who hold
billions of dollars of some of
its maturing I. o. us to re-
place them with new 1. o. us
It is offering to pay 4 per cent
interest to any investor who
will extend his loan for only
one year. Think of it, per
cent on a one-year Treasury
obligation!
The Nations leading bankers
are meeting to debate the
proper" timing for another
raise in the charge they make
on loans to business borrowers
OF the highest credit standing.
The rate now formally charged
by banks to the bluest OF blue
chip corporation borrowers is 4
per cent. The increase could
come within a few weeks and
when this prime rate is for
mally increased, the effect will
be felt all down the line.
Worry Increasing
Heads of businesses. officials
OF States and cities are figura-
lively knocking down the doors
OF big investing institutions to
get long-term loas so they can
build new factories, buy new
equipment, follow through on
essential public works. Top
rated borrowers are placing
coupons ranging up to s per
cent on new long-term bonds.
In industrial and financial
centers from coast to coast the
trend has become a key eco
nomic issue Of the year. Ex-
perts are acutely aware that
the last cycle of sharply rising
interest rates conceded with
the great depression of 1929
80; they worry whether the
trend may not go too far again,
force us into a painful down.
turn.
But the fact is that what's
happening here is happening
all over the world. The climb
ing cost of borrowing is a
worldwide phenomenon.
distributed. 1887, the Hall Syndicate.
Inc All Rights Reserved)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
Company Formed Here
For Virginia Mining

: A company has been formed
here to mine silica, iron ore and
other minerals on an approx
mately 2,000-acre tract at Stan
ley. near Luray, Va.
Formation of the firm
North American Ore Products
Corp.-was announced yester-
day at a special stockholders
meeting of the North American
Contracting Corp.
Matthew M. Mezzanotte. ex-
ecutive vice president and
chairman of the board of the
new company, said the present
estimated value of the property
based on geological reports. is
about SIS million. Mineral de-
posts on the property are
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
Dividend Increased

NEW YORK. July % (Pl.-
Schering Corp. producer of
pharmaceuticals and cosmetics.
today declared a quarterly
dividend Of so cents a share
on common stock. payable Au-
gust 10 to holders of record
August 9. The firm paid divi-
dends of rs cents a share regu-
lar and IS cents a share extra
in previous quarters.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
FOREIGN EXCH'GE

NEW YORK. July 81 OP.-Foreign
exchange rates follow Great Britain in
dollars, others in cents Unbalanced
unless otherwise rated:
CanAdisn dollar in New York open
market So per cent premium or los. IS
y. s. cents on 1/:2.
50 .7sil, on 1872; 3O-day futures
Europe = Great Britain tpoundl
.s.5k-i1l3e, OF 3/32; 60-day futures
OF IL Belgium tfranc) 1891; France
franc .sss OF a cent German
western tdeutsche mark 81 so:
Holland tguilderl 36.t4is, up O2is;
italy iliral I6ia OF a cent; Portugal
escudoi 3 80; Sweden lkrona) 10 "a :
Switzerland tfrancl 1freeJ 1884: Dem
mark ,krone) 1880.
Latin America Argentina Cfreel
rs; Brazil tfree) a.: Mexico sol:
Venezuela bolivar 3O.O3.
Far East-Hong Kong dollar 1890
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
u. S. Plans to Auction
SIS Million Plant

CHICAGO, July % (P).-The
$l5.5 million Government
owned magnesium plant at
gainesville, Ohio. will be sold
at public auction. the General
Services Administration said
today.
The GSA earlier rejected bids
for the entire property, and
had announced it would re-
advertise for bidders.
Details of the auction plan
have not been settled.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
VEPCO Earnings Remain
Well Above Year Ago

Net income of Virginia Elec-
trio and Power Co. amounted
to 81, 100000 or IL cents COM
mon share in June, compared
with $1,509,000 or 81 cents in
June last year, President Erwin
H. Will announced yesterday.
Net income for II months
ended June 80 was $22.453, 900
or $1.38 a share VS.. $20,152, 900
or $133 a share in the preced-
ing II months.
June revenues totaled $10.-
$4,000 VS.. $9.275.000 a year
earlier. Twelve months rev.
enues reached 1928 million VS..
$112,736,000 in the preceding
period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
METAL PRICES

NEW YORK, July 20 up. Spot nom
ferrous metal prices TO-DAY; Copper
.2Sl4-29i. cents q pound. Connecticut
Valley. Lead II cents a pound New
York Zinc 10 cents a pound, East st.
Louis. Tin q6 cents q pound, New
York Foreisn silver 9Oia cents per
troy ounce, New York Al PITTSBURGH
scrap steel No. heavy was quoted at
so 0O-ST 90
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
Area Dealers to Preview
SO DumOnt TV Line
City Bank Stockholders
To Vote on Shares Increas

Washington area dealers will
preView the 1856 Dumont tele-
vision line at Hynes Bros, Inc,
electronics appliances, at their
shoWrooms. Fourth and Bryant
streets NE. today through
Thursday, 10 am. to 9 pm.
They are distributors for the
product.
w. c. Scales, general sales
manager of Allen B. Dumont
Laboratories. Inc, will attend.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
Capital Traffic Down
Slightly From 1856

Weekday traffic in Washing
ton was Z per cent behind a
year earlier in June, it was in
Dictated by 24-hour vehicular
counts at key points.
The Department of Highways
also reported Saturday counts
were l.6 per cent behind a year
earlier and Sunday counts were
down 80 per cent.
= Weekday traffic over four
Potomac River bridges was 90
per cent above a year ago, while
volume of five AnacoStia River
bridges was down 80 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
Ground Will Be Broken
For New GEICO Home
By WILLIAM A. MULLEN

Groundbreaking ceremonies for the IS million Gov
eminent Employees Insurance Co. building will be held 80
pm tomorrow at Western and Wisconsin facing
Willard in Montgomery County. Md
Leo Goodwin president and chairman of the board of
company will silver spade in turning the first earth He
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
Gen. c. Pratt Brown Heads
Republic Aviation Office

Brig. Gen. C. Pratt Brown,
retired from the Air Force. will
head the Washington Office of
Republic Aviation Corp, Presi-
dent Mundy l. Peale announced.
Gen. Brown will succeed
Brig. Gen. Martin F. Scanlon,
also retired from the Air Force,
and who headed the Office. Gen.
Brown will be assistant to the
president for special assign
ments.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23

After the formal program, in
vited guests will have lunch at
the Silver Fox Restaurant. 1924
Wisconsin avenue NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
'' RI BUSINESS
Southern RoiIwoyShow
Recovery in Earnings
BY DONALD 3. HADLEY

Earnings OF Southern Railway Co recovered close high
levels OF year in June after showing declines earlier
the from President Harry DeButs disclosed
today.
June net income of $3,473852 equal to so cents
common share compared with $3545.7SO 81
in June last year.
Due sharper in earlier months net for six
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23

months this year was $17,444, :
OLD or $2.45 a share, a decrease
of 8 per cent from $19,036.167
or $40 a share a year earlier.
Operating revenues in June
amounted to $21, 400, $50, COM
pared with $22,513,688 in June
last year. Revenues in six
months amounted to $135,872,-
$40, compared with $l40,415,6
a year earlier.
Mr.. DeButts announced the
results after a board meeting
In New York. Directors de-
elared quarterly dividend of
20 cents a common share pay
able September 13 to holders
Of record August is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23

valued at about 5000 million
he said.
North American Contracting
controls 81 per cent of the vot-
ing stock of the ore products
company, Mr.. Mezzanotte said,
while the remainder is held by
the National Mining and En-
cheering Co. Of Washington
and Santiago. Chile.
City Bank Stockholders
To Vote on Shares Increase
Clarence F. Burton, chairman
OF the board Of the City Bank,
announced special meeting of
stockholders will be held August
z to vote upon a proposed
charter amendment whic h
would increase shares from
$4,000 to $4,000 of par value
of $40.
If adopted, he explained, this
would increase capital from
100000 to $4,000. The bank
declared a cash dividend of
$3.50 a share payable August l..
Mr.. Burton poined out if the
stockholders agree to the pro-
posal, the increase of 1000
shares would be distributed as
a stock dividend, with l share
for each rs shares held.
He gave these statistics about
the capital funds on June 80:
Capital 100000, surplus ST.
100000; undivided profits
$630.489 and reserve $369,253-
a total of $3,499,742.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
Kimberly Clark to Hold
Sales Meeting Here

The Middle Atlantic division
Of Kimberly-Clark Corp. will
hold a sales meeting at the
Sheraton-Park Hotel tomorrow
and Thursday.
Marketing plans for Kleenex
Delsey and Kleenex table nap
Gins will be discussed with
representatives from seven
States and the District of Co.
hlmbia. Robert T. Jerome
division sales manager, will be
IN charge.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-23
MUTUAL FUNDS

NEW YORK. July % Up National
Association of Securities Dealers. Inc:
Noon QuOtatiOnSl
The Nome nugget., 1957-09-20
Dulles Warns
 Russia Is Risking War in Mid-East
By MAX HARRISON

UNITED NATIONS, NY, R- Secretary of State Dulles told the LIN. yesterday the Soviet Union was risking armed conflict in the Middle East by sending arms to Syria and other Arab countries.
 Turkey, he said, already is faced with a growing military danger from the Soviet buildup in Syria and in Russia. And he warned that Soviet aid to Middle East countries, together with in flaming Communist propaganda, might lead the recipients of the Soviet arms Unto acts of direct aggression."s
 The Secretary of State called on the 82-nation General Assem- bly, to give the Soviet actions a full airing in an attempt to halt what he called policy of Middle East domination by the Commu- niSts.
 Syrian Delegate Jawdat Multi quickly denied his country posed any threat to any country.
 'The West knows very well, y he told a reporter, "that Syria is in no position to threaten any body. And it has no intention to threaten any of it's neighbors."
 Touching on the disarmament problem, Dulles told the JUN. the Russians had no monopoly on space weapons.
 ''The Soviet. Union has an nounced that it has discovered a way to use outer space to wreak vast destruction anywhere" he said. "That is no new discovery. The United States too knows how that can be done"
The Nome nugget., 1957-09-20
Louis Armstrong Snubs Government Trip to Russia Because of Way
 Negro Is Being Treated in the South

GRAND FORKS, NC, R- Trumpet player Louis (Satchmo) Armstrong says he is dropping plans for a government-sponsored trip to Russia ''because the way they are treating my people in the South, the government can go to hell"
 'It's getting almost so bad a colored man hasn't got any coun- try" said Armstrong.
 Armstrong said President Eli senhwoer is "two-faced," has "no guts,'' and is letting Arkansas Governor Orval Faubus run the country" He said Faubus is san
The Nome nugget., 1957-09-20

educated blow boy"
 The Negro trumpet player, shown a published copy of an in terview in which he made those remarks, said, That's just fine. Don't take nothing out of that story. That's just what I said and still say"
 Armstrong said use of National Guardsmen to prevent school in tegration at Little Rock was "a publicity stunt led by the greatest of all publicity hounds" He add ed such things could affect rela tions with other countries.
 "The people over there ask me what's wrong with my country. What am l supposed to say?" he asked. He added that if he should go to Russia, he would travel on his own.
 But don't get me wrong he told a Grand Forks Herald re- porter. "The South is full of in telligent white people. It's bad the lower class people who make all the noise, tho" [sic]. E Officials in Washington said Soviet propagandists undoubtedly would seize upon Armstrong's words because the Reds already have been pounding away at inte- gnation troubles as indicative of American intolerance to Negroes.
The Nome nugget., 1957-09-20
Govt Book
 Lists Interesting Facts X Figures

SEATTLE-Uncle Sam, for the 78th time, has published Sta tistical Abstract of the United States. The new 1857 edition is now off the press, Philip M. Crawford, Seattle manager of the US. Commerce Department Field Service, has announced.
 Fact seekers, those who like to win arguments, and others will be especially interested in the new information in the new edition.
 The following are samples of the data found in the 92 new tables:
 SMOKING BEHAvIoR-Among persons Is years old and over, about 25 million men smoke cig- arets regularly (every day) as against Is million women.
 MEDICAL coSTS-A hous visit by the local MD. in San Francisco will set you back SIPS as compared to $4 charged in Boston. In Los Angeles, the pain involved in an obstetrical case may be aggravated by the aver age medical bill of $165. In Scran- ton, Pa., obstetric bills are cheap CT by more than half ($72).
 LENGTH OF LIFE-In 1900 the average life expectance was 46.3 years for a male and 48.3 years for a female. In 1855 the average expectancy was 66.7 years for a male and 729 years for a female.
 CAMPAIGN EXPENSES-Dur- ing the last national elections, the major political parties and other groups reported over $33 million of direct expenditures and over SIS million of receipts for the year.
The Nome nugget., 1957-09-20
New Shoulder Patch for Alaska National Guard

JUNEAU-Army units of the Alaska National Guard will be wearing a new shoulder patch, according to an announcement made recently by Col. Elvis M. Farmer, acting adjutant general.
 The new shoulder sleeve in signia depicts the Big Dipper with the white stars on field of blue and a white border as approved by the Arny's Henaldic Branch.
 The shield-shaped patch has been worn by the Headquarters and Headquarters Detachment heretofore but has now been ap- proved for all Army Guard units in Alaska to replace the polar bear patch now worn along with the members of the regular Army in Alaska.
The Nome nugget., 1957-09-20
Former Nome Judge Will Return on Visit After Grand Igloo Meets

Pioneers from all over Alaska are looking forward to the meet ing of the Grand Igloo on Sept. 27, 28 and 29 in Fairbanks.
 Coming from Ketchikan will be MT. and Mrs. Lester Gore. Mr. Gore, who is president of the Pio- neers at Ketchikan, was district judge here in the 'thirties and is an attorney in Alaska's southern city.
 Mrs. Gore is a member of the Pioneer Auxiliary. After the meeting they plan to visit in Nome before returning home.
The Nome nugget., 1957-09-20
Canadian Dollar Slips Two Cents in Value To Governments Relief

OTTAWA, tR-The Canadian dollar has slipped from its high perch and perhaps no group is more relieved than the govern ment of Canada.
 But the nature of the decline by about two cents in less than a month-indicates it may be only temporary.
 Main anxiety was that the high premium would curtail exports one of the economy's major props.
 The dollar last Aug. 20 reached a record $1.O61s in relation to US. currency. Importers rejoiced; i; exporters despaired.
 The decline was caused by a variety of factors. Officials said recent Canadian borrowings in the US. were not as heavy as in the past.
 Another factor is the increased stability of the European finan- cial situation.
The Nome nugget., 1957-09-20

Americas oldest COW is the HOlstein.
The Nome nugget., 1957-09-20

Letter size and legal file folders available al The Nome Nugget
The Nome nugget., 1957-09-20

Fine Job Printing At The Nugget
, 1957-07-17
Notice To Delinquent ToxpdYers

Writs of attachment having been served upon all pro-
perty owners whose Real Property Taxes for the year l9oo
are in arrears, and the same having been duly recorded IN
the Office of the Recorder Of Deeds, notice IS hereby served
in accordance with the provisions of Section 40 OF the orol-
nance providing for the Assessment, Levy and Collection OF
Taxes upon Real Property, approved September ., 1886, that
unless the taxes, penalties and costs are paid upon puDllca-
ton Of this notice twice a week for three consecutive weeks
the properties will be sold at public auction by the Vendue
Director.
Department of Finance, Christiansted, St. Crolx' "
July Is, 1857.
Walter /. M. Petersen
Adm. Asst. to the Conr. of Finance
, 1957-07-17
GOVERNMENT OF
H VIRGIN ISLANDS OF THE UNITED STATES
Charlotte Amalie, St. Thomas
CERTIFICATE OF REGISTRATION OF RENEWAL
APPLICATION HAVING BEEN MADE BY:
~SCHIEFFELIN & co.

for registration in the Virgin Islands of the United States
of renewal of Certificate of Registration No. BAT ,764, regis
tered IN the United States Patent Office on July s, 1887, and
in the Virgin Islands of the United States on October 6, 1854
and it having been shown that said certificate of registration
was renewed in the United States Patent Office on June Ii,
1857, for a period of twenty COY years from July 6, 1857,
unless sooner terminated as provided by law, in the name
|of SCHIEFFELIN & co, of New York, N. Y, a corporation
Of New York, which has made a showing of ownership of
the said trademark;
TIL IS 70 CERTIFY that the said renewal has been
recorded in the Office of the Government Secretary of the
Virgin Islands Of the United States, at St. Thomas, in accord
!ance with the provisions in the Regulations governing the
registration Of Patents and Trademarks in the Virgin Islands,
approved April /, 1916.
In testimony whereof, l have hereunto set my hand
and caused the Seal of the Government of the Vir-
gin Islands of the United States to be affixed at
Charlotte Amalie, st. Thomas, Virgin Islands, this
9th day of July, A. D., 1857.
SEAL
Joseph E. Fitzpatrick
Executive Assistant
, 1957-07-17

IN THE DISTRICT COURT OF THE VIRGIN STANDS
Division of st. Croix at Christiansted
In the Matter of the Estate of
PEDER M. PEDERSEN PROBATE NO. IL : 1855
Deceased.
NOTICE OF HEARING OF FINAL ACCOUNT
Pursuant to an order of the District Court of the Virgin
Islands dated July II, 1857, the undersigned hereby gives
notice that he will render his Final Account in the above
entitled estate on August 20, 1857, at the Office of the Clerk
of the District Court, in Christiansted. Anyone having objec-
tons thereto should then and there appear and show cause
why said accounting should not be approved.
Dated July 16, 1857
~ ebaD Walter j. N. Petersen
Administrator
17-24-31-7
, 1957-07-17

Joseph E. Fitzpatrick
Executive Assistant
to Government Secretary for the Virgin Islands.
, 1957-07-17
A LA CARTE:

Jumbo Shrimp Cocktail rs
Native Lobster Cocktail IS
Hors d'oeuvre Varies 100
Smoked Oysters on Toast so
Sardines on Toast so
Madison County Democrat. (London, Ohio) 19??-1958, 1957-06-14
; Business Services 35 Services
Insurance

CROP HAIL INSURANCE is not ex-
pensive. For example, on 80 acres
of corn the cost would be $34.50
It's best to be safe with Crop Hail
Insurance. Clancy and Evans. Phi
VI 2-2323. SO S. Main St, London
Ohio. 47-tf
Madison County Democrat. (London, Ohio) 19??-1958, 1957-06-14
Wanted To Buy

JUNK CARS. fence. baling wire,
iron and heavy tin. Gilbert Iams.
UL 2-9411, 19 Graham Ave, Lon
don. 28-47
Madison County Democrat. (London, Ohio) 19??-1958, 1957-06-14
NOTICE OF APPOINTMENT

Estate of Peyton r. Alspaugh De-
ceased. Robert e. Wright has been
appointed and qualified as Adminis-
traitor De Bonis Non of the estate of
Peyton r. Alspaugh late of Madison
County. Ohio, deceased.
Dated this 9Th day of June A. d.
1857. Number 12,767 Docket Page
500.
Joseph s. King
Probate Judge of Said County
June 13 20 27
Madison County Democrat. (London, Ohio) 19??-1958, 1957-06-14
NOTICE OF APP0INTMENT

Estate of John Byerly Deceased
Clara Myrtle Byerly has been ap-
pointed and qualified as Admins
tratrix of the estate of John Byerly
late of Madison County. Ohio. de-
ceased
Dated this 10th day of June A. d
1857. Number 1850 Docket 6 Page
45S.
Joseph S. King
Probate Judge of Said County
June IL 90 27
Madison County Democrat. (London, Ohio) 19??-1958, 1957-06-14
IN THE COURT OF
COMMON PLEAS
MADISON COUNTY, OHIO

maDISON
Mabel e. Mcdowell,
Plaintiff
Jacob L. Miller ,et al,
Defendants
NO. 2O57S
NOTICE
Marguerite Reedfoot who resides
at p. o. Box No. 81, Clark Mills,
Pennsylvania. Alma Reichard who
resides at RID. No. 2, Fredonia,
Pennsylvania, Bertha Wagner who
resides at p. o. Box No. PA, FREEDOM
Ia, Pennsylvania and Patricia White
who resides at 1900 Wolfe Road, La
grange, Indiana, and the unknown
heirs of Frank II. Strauss, deceased,
If living, or if they or any of them
be dead, then the unknown heirs,
executors, administrators, devisees.
trustees, and assigns. immediate and
remote of such deceased person or
persons. will take notice that on the
10th day of June, 1857, Mabel T..
Mcdowell filed her petition in the
Common Pleas Court of Madison
County, Ohio, praying that the title
to certain real estate be quieted.
The persons above mentioned will
further take notice that they have
been made parties defendant to said
petition and that they are required
to answer the same on or before the
3rd day of August, 1857.
Mabel T.. Mcdowell
Dated June 10. 1857.
Maurice e. Beathard Attorney
June 13 20 81 July IL Is
Madison County Democrat. (London, Ohio) 19??-1958, 1957-06-14

yvANTED Home near London,
Madison South preferred; rent or
buy: parents are teachers. Plan TO
be in London July 3. Write RopeTl
F. Myers, Rt. 8, Canastata; NeW
York.
Madison County Democrat. (London, Ohio) 19??-1958, 1957-06-14
Wanted To Rent

WANT TO RENT FARM for 1923.
5nn acres or more, cash or grain.
Have my own equipment, can fur
nish best of references. Write
Box H B-30 c/o Madison Press; Q
Madison County Democrat. (London, Ohio) 19??-1958, 1957-06-14

Settlement of Account. Account and
vouchers of the following named
person and estate have been filed
in the Probate Court of Madison
County, Ohio, for approval and set
tlement: Frank Jones Trust created
under Item of the viii Number
1907 Docket Page 121.
Unless exceptions are filed there
to, said accounts will be for hearing
before said Court on the 30th day of
July, 1857, at which time said
accounts will be considered and con-
tinued from day to day until finally
disposed of.
Any person interested may file
written exceptions to said accounts
or to matters pertaining to the ex-
ecution of the trust not less than
five days prior to the date set for
hearing. Joseph s. King, ProTate
Judge.
Madison County Democrat. (London, Ohio) 19??-1958, 1957-06-14
Agent Wanteo 27

AGENT SINGER Sewing
Machine Co, wants man and wife
to open up a leadership. We will
train and assist you in getting
started. II you have an establish
ed business you may want to add
our line to yours. For information
write A. G.. Cox, Q w. Central
Parkway, Cincinnati 2. Ohio.
27-49