davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
CHICAGOLIVESTOCK

CHICAGO. May 81 N CUsDA).-
ealable hogs 5000; moderately active
mostly steady through mid session on
butchers: later trade and close steady
70 % lower: sovs steady TO weak: No
2-3 10000 ID butchers ls26-ls rs:
mostly No. 3 lots below 1885: No. Ia,
mostly 1-2 200-220 ID 1S.75-10 90: 6s
head lot No. liz 30 ID 1910; No, ga
23O-27O ID l7.5O-1s.35: mostly No. j
lots 250-300 ID 17.OO-i7 80: few lots
No 3 30O-325 ID 16.50-17 90; larger
lots mixed grades 350-55O ID sows IA 90
1898: with most. 400 ID lots around
1925; 1850; few butcher type 3OO-33d
saiabie cattle $500: calves 200; fed
steers and heifcrs steady TO 25 lower;
cows and bulls strons to IS higher
vealers steady. stockers and feeders
steady TO strong: high choice and prime
steers "a 5O-2625: bulk choice steers
2275-e4 25: good and low choice steers
90 00-22 50 standard and low good
prime 1850 ID heifers "a 90: bulk high
eood and choice heifers 81 .OO-23 90.
moderate showing good heifers 1880.
1000: utility and commercial cows
1450-16 90; Gamers and cutters II 80.
1900 utility and commercial BULL
i5.5o-l750: Good and choice veafer'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
Pennsy Income
Drops 30 Pct.

PHILADELPHIA, May 81 (P.
The Pennsylvania Railroad
reported yesterday a 80 per cent
decrease in its net income for
the first four months of 1857
compared with the same period
of 1856.
The PR listed its net income
for the period at $8,406, 232, COM
pared with $12,015,228 for the
first third last year.
April earnings were OF even
Imore-41.6 per cent-than for
the comparable 1856 period. The
1857 figure was $3,033,148, equal
Ito Is cents a share. In 1855 the
April earnings were $5,195,l57,
equal to % cents a share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
Levi and S. IA. Hecht
Head Hecht Co. Aqoin

sell: secretary, Ollie E. Willmann,
Capital Airlines; treasurer. Her
bert A. Groth, the Remington
Rand Division Of Sperry Rand
Corp.
These directors were chosen
Richard R. Damn. American
Automobile Association; Herbert
H. McMurray, Washington Gas
Light Co.. and Paul C.. Tully,
Educators Association.
The outgoing president, H. s.
Father, an official in the Bureau
of National Affairs. will become
Ia director automatically.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
FOREIGN EXCHANGE

NEW YORK, MAY 81 h.AForeign ex.
chance rates follow---oreat Britain in
dollars, others In cents. Unbalanced un.
less otherwise noted:
Canadian dollar in New York open
market "a per cent premium OF
Europe Great Britain pound
$2.7D 1872, on 1882: 30-day futures
27sll OF -; 60-day futures 2.7sas
OF j.: D0-day futures 2.76ls; OF =
Belgium lfrancl 1851, up O0i. Franc,
franc, s ss.. Of cent Germany lW.s !,
tguilderl 26.I4 Italy ClirA) .I6N OF 1
cent. Portugal teseudo $50; sweder
tkrona) 10 "a; switzerland ifrancj free
"a. "a; Denmark lkronel 1880.
OF .02: Brazil (freeI 14e: Mexico sol
Venezuela tbolivarl 30 100,
Far East: HonR Kong dollar 1890.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
National Mortgage Announces
Regular Preferred Dividend

President Joseph B. Schaaff Of
the National Mortgage and In
vestment Corp, 1912 New York
avenue NV. announced the
board of directors has declared
a regular dividend of 10 cents a
share on the preferred stock.
payable June IS to stockholders
of record May 81.
He said a dividend Of so cents
share was declared on common
stock to stockholders Of record
June is and payable July 2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
Safe Deposit Section Of
DBA Meets Thursday

The next meeting Of the Safe
DEPOSIT Section of the District
Bankers Association will be held
at 6:l5 pm. Thursday in the
Dupont Plaza Hotel. There will
be a panel discussion by Irving
B. Yochelson and Andrew T. Alt
mann. attorneys. Thomas P. Nc
Lachlen. chairman Of the Sec
ton, will be the moderator.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
New Trust Fund
On Tax-Exempt
|bondsApproved

NEW YORK. May 81 (R.-
Ira Haupt g. Co., a Wall Street
investment brokerage house, to.
day announced United States
Treasury approval Of an invest
ment trust based on tax-exempt
bonds Of local government.
The municipal investment
trust fund, sponsored by Haupt,
is now in registration with the
Securities and. Exchange Com
mission. A public Offering Of its
securities is planned for June.
Ira Haupt. together with its
lawyers, Davis. Polk, Wardwell,
Sunderland & Kiendl, has sue
ceeded in creating the first trust
fund in which an investor. for q
comparatively small amount, can
buy a proportionate interest In
"a portfolio Of tax-exempt bonds
Big advantage Of this is that the
tax-exempt status Of the inter-
est payments will be passed on
to the investor.
A Haupt spokesman said his
company as sponsor has regis
tered with the SEC 100000 units
worth $1,000 each in its munich
pal investment trust fund series A
Securities underlying the trus,
would include issues Of State anc
local governments, school dis.
tricts. revenue and general obi.
cations. They will be in the
custody of Guaranty Trust Co. Of
New York as trustee, which is Il
receive a fee Of one-fifth of
per cent annually.
In turn. Guaranty Trust will
issue to the trust the certificates
Of interest which will be sold Il
investors at q sales commission
charge Of 4.166 per cent on asset
value, or 4 per cent Of the offer.
ing price.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
| ConoI Freight Traffic
Rises in New York

ALBANY, N. Y.-The New
York State Barge Canal system
carried 4.958, 044 tons of freight
during 1856, the best year since
1851, when a record 5.2l1.472
tons were carried.
The canal system links the
Hudson River with two Of the
Great. Lakes and the st. Law
renee River.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
State Loan and Finance
Announces Quarterly Dividends

Vice President and Treasurer
D. A. Penney Of the State Loan
and Finance Corp, 1900 Eight
zenith street NV. announced d.
Irectors declared these quarterly
dividends: 37l2 cents on the
per cent preferred and on the
IS per cent convertible preferred
Series A stocks; 22i2 cents on
the Class A and Glass B common
stocks. Dividends are payable
June is to stockholders Of record
May 81.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
|G-E Lows OFF 1000

LOUISVILLE. KY. May q
R.-General Electric Corp. said
yesterday it will lay of about
1000 workers in its home re.
frigerator department here fol
an indefinite period beginning
June z. This will trim the work
force at appliance park to ap.
proximately $4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
'9s RI ''BuszuEss
Burke Elected President
Of Sovings, Loan League
BY DONALD B. HADLEY

VIRGINIA BEACH. Va. May 2l-Joseph p. Burke jr
president of Columbia Federal Savings Loan Association
was elected president Of the District Savings and
its 49h annual convention at the Cavalier Hotel today
Formerly first vice president of the succeeds
Carl c. Sck vice president Of Perpetual Building
Richmond H. Gibson president Of Northwestern
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
Sales Executives Name
Ferd Nauheim President

Ferd Nauheim Of Kalb. Voorhi,
& Co. is the new president Of tn,
Sales Executives Club Of Wash.
lington.
The new officers. to take ovel
July /, were chosen yesterday a
the annual election at the May,
flower Hotel. other officerI
elected wese:
First vice president. Seymour
D. Wolf, American Wholesalers
second vice president. William @
Russell, Hufty. Eubank & Rus.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
By WILLIAM A. MILLEN

Inc poaro OF directors OF Inc
Hecht Co. at their annual meet
ing yesterday in Baltimore. Md,
reelected. Samuel M. Hecht as
chairman Of the board and Rob-
ert H. Levi as president.
The board also reelected
Harry M. Davidow. executive vice
president for the Washington
area; Jay Jefferson Miller. execu-
tive vice president for the Balti-
more area; John j. Kavanagh
vice president and treasurer;
George M. Quirk. Harry o
Schloss. jr., Godfrey Swaebe
Jacob Blau. Louis M. Frankel
Harry N. Hirshberg, jr., Harold
X. Melnicoye, Morris Moss, Wal
ter E. Reitz. jr.. and Milton p
Shlesinger, vice presidents and
Christian F. Sahlman, secretary
Mr.. Quirk and J. Frank Eichel-
berger were elected assistant
secretaries.
The stockholders elected these
directors for the coming year:
Thomas B. Butler, president,
Mercantile Safe Deposit and
Trust Co.. Baltimore: Howard J
Sachs. partner. Goldman. Sachs
& Co.. New York: Roger j
Whlteford Of the law firm of
Hart. Carmody &
Wilson. Washington: Henry H
Hecht. investor: Malcolm Hecht,
vice president. Empire Laundry
g. Dry Cleaners. Inc, Baltimore;
John E. Motz. executive vice
president. Mercantile-Safe De-
post and Trust Co.. Mr.. Davidow
Samuel NJ. Hecht. Mr.. Kava-
nagh. Mr.. Levi. Mr.. Miller. Mr.
Quirk. Mr.. Schloss and Mr.
SWaebe. all of the Hecht On
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-21
MUTUAL FUNDS QUOTATIONS.

NEW YORK, May 81 educational !
Association Securities Dealers, Inc. L
Moon Ouotationsl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28

Hints that bluefish soon may
be on their way up Chesapeake
Bay are found in catches Of 10
small blues in the last week in
the Point Lookout area, the Sol
onions and near Poplar Island.
Capt. Taft Tippett caught
three on the Middle Grounds.
Andy Schedules headboat. Iona
B., out Of Wynne, Md. took one,
while a skiff fisherman caught
another at the mouth of Smiths
Greek. They were in the pound
category. Johnny Beardsley.
Washington captain who boats
out of Deale, took a small blue
near Poplar Island. and four
were taken by Capt. Rody Lang
ley Of Solomons.
This weeks reports:
RANDOLPH RISON,
|Tilghmans-First trout taken
this week. Hardhead running
up to 2 pounds. Rock of Sharp's
Island light and at the airplane
wreck in the Choptank. Twenty
were taken cumming on
Monday.
ALBERT BULL, South River
Skifis bringing in up to 100 spot
of nice size. Some pan rock on
the stone pile near Thomas Point
Light.
WESLEY STINNETT, Chesa-
peake Beach-Wind has cur
tailed the fishing this week.
Rockfish being caught across the
bay near the Stone Rock and
Sharps Island.
GUS BERLITZ, Deale-Perch
fishing best in years and hard
head increasing. Fair school Of
pan rock on Holland Point Bar.
Try surface trolling with 20
bucktail and short piece of pork
rind in early morning or just
before dark. Bigger rock in
Bloody Point area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28
Sanity WEEK OPENS SUNDAY
Boot Coptoin BIosts
Nautical Hot-Roddino
BY CHARLES COvELL

The Nations first Safe Boating Week. sponsored
by the Coast Guard and its civilian auxiliary opens
Sunday and locally there's veteran skipper, at
least who would like to curtailment of nautical
hot-rodding.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28
Famous
LITTLE MARINER"

Bayfarer cruiser with 2 berths. gall
ley, ice chest. head and spacious
cockpit Speeds up to 80 m.p.h. de-
pending on load and power Equip
ment includes safety glass wind
shield. steering wheel. motorboat
navigation liehts. chrome bronze
deck hardware. galley sink. galley
dresser. dish racks. fresh-water sys-
TEN Built TO highest marine con-
struction and performance STAN
dards Excellent for family cruises
or fishing
20 FISHHAWK UTILITY
Open-deck utility; I2'x16' cockpit
provides plenty OF room for large
fishing parties Has shelter cabin
with marine toilet two roomy seats
amidships and large transom seat
Equipment includes steering wheel,
navigation lights. ehocks and cleats.
safety-elass windshieids Available
with inboard OF outboard power
LITTLE MARINER famous ''Dyna-
trim hull design cushions wave
smooth ride even In rough seas
Ideal for running coastal inlets
Little Mariner available in this area
from these local dealers:
: EASTON. MD -Hiway Marine Sales
WASHINGTON, D c-Nash Marine
Supply: a30 Maine Ave
BALTIMORE, ND Pete's Cycle
Company. Hartford I'd and Alle-
ghany Ave, Towson. Md
GLEN BURNfE. md Marine Sales
and Motors
ANNAPOLIS. MD Marine Sales
Company. foot OF Second St:
Eddie Leonard Sporting Goods
Company
DEALE. MD. , Beriits Marine An
GENERAL MOTORBOAT CO.
Division of Kentucky Forest
Products. Inc. Mayo. Nd
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28
ut was to windward Of

seen. Hunt was to windward of
Mitchell.
Mitchell as usual had his first
string crew aboard. This included
Dick Bertram of Miami who
was at the wheel for the first
stages. and Bunny Rigg. editor
Of Skipper Magazine.
One thing is certain, the event
henceforth will be known as the
Annapolis Newport race. To
think that for years (going back
to 1880. fleets have been beating
their way south in the Atlantic
then up the bay, for what usu-
ally turned out to be mostly en-
durance tests. The course was re-
versed this year and, 10 and
behold, shippers found they could
make fast time not only in the
Chesapeake but for the run north
outside. It's what sailors call a
sleigh ride.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28

One Of our readers. Mrs. Hale
Sehorn, formerly Of this city, is
having the time of her life adj
venturing IN the West. After her
husbands death last year. she
bought a station wagon. learned
to drive it, loaded in her hunt
ing and fishing gear and a bed
roll, and with her 14-year-old
dog, started for Montana and
points west.
The last we heard from her
she had opened the trout season
on the Madison, a famous fishing
river. 1t showed the next day
and the thermometer dropped to
80 degrees. She writes she Is
having super-adventures. and
catching lots Of fish. We can
well believe it.
Albert Moss Of the Guilty.
hunk Mass Bass Club has
entered the first striper in the
6O-pound class in the r. J.
Schaefer salt water fishing con-
test for this year. Caught troll
ling of Cuttyhunk. the big fell
low tipped the scales at 81
pounds.
II has always seemed a shame
to us that Maryland's laws pro-
hibit the taking Of rockfish Of
this size with rod and reel. when
we know there are fish in this
class in the Chesapeake. Virginia
has seen the light, but all Mary
lands prohibition in this in
stance does is raise big fish for
out-of-staters to catch.
Anglers are supposed to throw
these big fish back. which some
of them do-back in the boat
unless officers Of Maryland De-
partment OF Tidewater Fisheries
are right on the spot to police
the angling.
And speaking Of catching big
rockfish, Mrs. Leslie Baker who
went trolling with her husband
Carl Harris and Doug Bulloch or
Capt. Otis Bridges boat over ir
Eastern Bay last week, showed
the men how to do 1t. Except
for one 19-pounder which hooked
onto the dummy-line. and which
they released. Mrs. Baker caught
the only two fish kept, one Q
e-pounder and the other an ever
IA pounds.
For this week end. our guess
is the Potomac and perhaps
even the Shenandoah Rivers will
be somewhat rolled for the baSi
addicts. Indications are thai
pond fishing for lArgemouths Il
the best bet. Trout streams have
been helped by recent rains anc
should be in good shape.
Bay fishing is generally good
and with marlin and bluefist
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28

worms and shrimp on Middle
Grounds and above the stone
pile at Point No Point.
CAPT. OTIS BRIDGES, East
ern Bay - Rockfishing has
tapered of after good week end
One large school of Kent Point,
CAPT. ANDY SCHEIBLE,
Wynne, Md.-Capt. Sam Clark
with the Elizabeth S. took a
party headed by Marvin Berry
of Washington to the Southwest
Middle Grounds and caught 165
hardheads and two trout. Two
skiff fishermen, Charles o. Ferris
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28
Struggling Blues Caught in Bay

CAPT. HARRY WOODBURY.,
Solomons- Hardhead of Little
Cove Point. Small rock off Cedar
Point. Others being taken chum-
ming on Helens Bar beyond
Point Patience.
CAPT. TAFT TIPPETT, Point
Lookout - Catching up to 200
trout per trip, weighing UP to
3 pounds. on peeler crab. blood
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28

they were returning from Mar
shall Hall when they heard two
women crying for help near the
mouth of Broad Greek. He sent
% lifeboat and found that two
men had gone over the side of a
boat for q swim and were
missing.
One of the men drowned but
the lifeboat picked up the other
q miles from where he had en-
tered the river. He had been
overheard two hours.
Club Stresses Safety
Organized outboarders admit
there is hot-rodding with high
speed outboards and inboards
but blame it on irresponsible
persons.
Larry Cogan. commodore and
secretary Of the Cupboard Boat
ing Club Of Washington, said the
careless operators were not men,
bers Of his club.
Through Coast Guard films
and speakers. the club is con-
stantly stressing safety, he said.
Members Of the Red Cross and
Metropolitan Police Department
also lecture to the club. Recently
members visited the Anacostia
Naval Research Center where
they received lessons on boat
handling in tiie indoor pool.
Moves are underway in both
the House and Senate to make
Safe Boating Week an annual
event.
Senator Potter and Represent
ative Chamberlain. both Repub-
lcans Of Michigan, are sponsor
ing identical bills that would
authorize and request the Presi-
dent to proclaim the week in
GLIDING July 4 as National Safe
Boating Week.
AS its contribution, Coast
Guard Auxiliary units in more
than 400 communities will hold
free courtesy examinations of
small boats, conduct safe boat
handling courses and stage spe-
cial demonstrations.
Flotillas are based here at
Columbia and Capital Yacht
Clubs. Others are at Colonial
Beach and Annapolis. Annapolis
courtesy inspections are held at
the yacht club there every Sum-
day morning from 10 to IL or
may be arranged for by calling
Flotilla Commodore MCLEAN s.
WEIGH, Colonial 3-9287.
Jack Frost Of Flotilla % and
Left Jerson Of Flotilla 81 will be
at Columbia Island Marina to
inspect boats tomorrow and
Sunday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28
FORE AND AFT
BY MALCOLM LAMBoRNE

For a brief moment last Sat.
urday of Annapolis, Sam Mer-
rick. wife and three youngsters
were bound for Newport. r. /.
in their 17-foot Thistle. But
then the Alexandria skipper
thought better of it and told the
Coast Guardsman no.
To start from the beginning
Sam and family trailed their
boat over to Annapolis with an
idea of getting a good view OF
the feet Of ind-jammers start
ing on the 468-mile race to New
England. They were UP near
the starting line before the big
class A yachts got away when a
fast Coast Guard picket boat
roared to within 20 feet Of the
Merrick clan.
Els that vessel a contestant in
the ocean racer" a bright LAD
shouted through his megaphone
as the Thistle bobbled about IL
the boats wash.
There was a long pause as
Skipper Merrick ponderec
whether to reply yes. The temp.
tation was great. Finally he
caved in and said, no.
I'm that case. proceed one
half mile north from this sta
ton and remain" the enlisted
chap sternly replied.
When the Merricks had re-
covered from their mirth, the
picket boat was OF chasing
someone else. Sam eased sheets
to clear the line. They got a
perfect view Of the start and
back : winded nary q con-
testant.
Oh. yes, the Thistle is named
Whimsy.
1t probably proves little OF
nothing. but Ray Hunt. skipper
of the Newport race winner
Harrier. this week. got the jump
on the favorite. Carleton Mitch
ellis famed yawl. Finisterre. from
the very moment the gun fired
Saturday.
Harrier worked close inshore
out OF the strong flood current
on the beat to Thomas Point. Al
one point Harrier was close Il
running aground. When last
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28

of Clinton, Md. and Dean "A.
Hilley of Washington took 80
hardheads outside Of Smiths
Creek. Two other skiff fisher
men, Ed Haskins of Wynne
and Sam Quinn of Washington.
took 81. -COVEIL.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28

the wilson Lines excursion
steamer. Mount Vernon. for the
last Is years.
Capt. Hall pilots the Mount
Vernon on morning. afternoon
and evening round trips between
Washington, Mount Vernon and
Mafshall Hall amusement park
is miles down the Potomac.
The Mount Vernon is q big
boatAits capacity 2.400 passen-
gers. and it kicks up quite q
wake. Yet little outboards will
wait at the Maine avenue pier
and as soon as the vessel Is
underway have q gay time cir
cling close to 1t and shouting to
the passengers.
Fail TO Realize Danger
"Outboarding has doubled in
the last two years." Capt. Hall
who has been with the Wilson
Line 81 years. said. Some
drivers operate their boats like
hot-rodders, never realizing how
dangerous 1t is. They get Sc
close we can't see them. I think
someone should explain the
danger"
Inboard operators also came
in for his censure. Once, he
said, three speedboats waited for
the Mount Vernon to depart,
then ran around and around it
all the way to Marshall Hall.
The Mount Vernon was doing IA
knots and at times the captain
couldn't see the boats under his
bow. At Marshall Hall. the in
boards waited for the Mount
Vernon and repeated the game
going back.
Capt. Hall is proud. however.
Of the Mount Vernon's safety
record. In his memory, there
has never been a serious mishap.
Weekly lifeboat drills are held
and the vessel is inspected every
three months.
Few Excursion Boats Left
A native Of the Eastern Shore,
he has been a resident Of VIII
nington, Del, for 80 years.
When he came to Washington
in 1926. five excursion boats were
operating. Now there is only
the one. AS q matter Of fact,
only one other excursion line,
the Hudson River Day Line. Is
operating in the East.
The Mount Vernon was orig
inally the City Of Camden, built
in 1915. 1t was completely re-
built in 1910. when the hull was
widened and complete new
superstructure built.
The skipper recalls one rescue
in which the Mount Vernon took
part. On a summer evening
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-28
OUTDOORS
With BILL 'LEETCH
D. c. Fisherwomon Goes Adventurino

ofishore in the Atlantic and
bottom species taking bats
avidly, one should have no
trouble finding places to fish.