davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20

SAID ne belleVed an ample
supply" Of funds would be avail
able for a reasonable amount
of new residential construction
HE added he also believed an
adequate supply of money would
be provided on a conventional
basis to finance rehabilitation
and new construction evisaged
for the Northwest redevelopment
area. This is a 900-acre area,
sometimes referred to as the
I'd precinct.
What we want now are quick
decisions by the Redevelopment
Land Agency and the National
Capital Planning Commission so
private builders and financing
institutions can go ahead with
this job" he said.
Others Lack Optimism
Not so optimistic on mortgage
funds, however, were other dele
gates who said indications are
that money will tighten up again,
owing to increasing demands for
it, and to tight-money policies
of the Treasury Department and
the Federal Reserve Board.
1T appears as if what we've
been trying was a brief respite. :"
one delegate said.
TITS the old story of demand
and the competition of other
forms Of investment. But the
real, basic reason why money is
tight is that the Federal Gov
eminent seems willing to pay
higher and higher interest rates
on Government bonds and to
see bonds continue to go down
in price"
I'VE bought quite a few thou
sand dollars worth of Govern
ments at 80 and 80 and thought
we were getting them at good
price. But I see they're now down
still further in today's paper"
Cash OverSupply Seen
Among reasons for optimism of
sorts, on the other hand, was the
recent apparent oversupply of
ready cash in some District lend
ing institutions and their will
ingnesS to treat mortgage loan
applications more literally.
Whether this is a temporary sit
uation remains to be seen, sew
eral delegates said.
Mr.. Norris said he was en-
couraged by the fact that savings
appeared to be increasing and
that banking institutions were
viewing Legitimate applications"
for mortgage loans more favor
ably in recent weeks.
He pointed to a sharp up
swing" in the number of deeds
recorded in the District last
and said this was the
first month in 1857 when the
number Of property transfers ex-
coed those Of the corresponding
month last year.
A total of 1866 deeds was re-
corded in May. 1857, as COM
pared to 1.454 in the previous
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
Young 6. 0. P
10 Hear Nixon

Young Republicans mingled
with old Republicans today.
The 100 delegates to the
Young Republican convention,
meeting at the Statler Hotel,
took this morning to meet and
chat with representatives of
five Government departments.
They were to hear an address
by Vice President Nixon at an
afternoon session today, then
gather in Constitution Hall to-
night for an informal address
by President Eisenhower.
Scheduled to hold elections
Saturday afternoon for posts in
the national organization. brisk
politicking is being sandwiched
in between speeches and meet
ings.
A scrap over portions Of the
organizations platform is likely
Officers of the group say Their
three days of meetings and work.
shop sessions will be especially
significant because. they claim
figures show 81 per cent Of the
voters in their EOS voted Repub-
lican in the 1856 elections.
The two candidates for chair
man, to succeed Charles K. Nc
Whorter Of New York. are John
M. Ashbrook. 28-year -old State
legislator and weekly newspaper
editor and publisher of Johns
town. Ohio, and Lee Dramis, 30,
Detroit attorney.
Three women want the CO.
chairman's job: Miss Roseann
Biwer, Milwaukee primary school
teacher: Miss Mary Elizabeth
Kent, johnson City, Tenn, as
sistant to Representative Carroll
Reece, Republican Of Tennessee
and Mrs Helen Lupton Of West
port, Conn,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
Home-Buying Club idea
Fails to Win SuppOrt

A proposal from the Home
Builders Association of Metro.
politan Washington that banks
and savings and loan associations
organize home buyers clubs"
has awakened little enthusiasm
in the direction it was aimed.
Bankers and savings and loan
executives are very partial to
the idea of people putting savings
In their institutions, in fact al
most all Of their advertising and
promotion has been centered
around this idea for many years.
A large portion Of their outlaws
has been designed specifically TO
encourage saving for homes, they
point out.
Most Of them, however, indi-
Gated yesterday they doubt that
a special promotion campaign on
top Of their regular outlay would
bring in enough savings to paw
the cost Of it. Special savings
clubs have been tried here before
and failed to pay more than a
part OF their cost. they said.
II a Nationwide Campaign in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20

earnings III the nrSC uVe months
OF this year, Mr.. Gore said.
Net income in the period ap-
proximated So cents q share,
compared with II cents a share
a year earlier and was the high
est on record for the period.
Revenues in the five months
were around 20 per cent ahead
of the same 1856 period, Mr..
Gore declared.
A large part of the revenue
increase came from the COM
pany's foreign operations and
tight cost controls were RESPONSE
BILE for the large carryover into
net profit, he added.
The regular quarterly dividend
and extra both will be paid July
10 to stockholders of record
July 5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
Mortgage Financing Lays
Behind Year Ago in ID. C.

AAA0 AC0A h6O III IL u
First mortgage financing in
the District of Columbia Jagged
far behind a year ago in both
May and the first five months of
this year, data from the Wash
ington Real Estate Board dis.
closed today.
The District registered 900
deeds of trust or first mortgages
amounting to $14.203,170 in May,
compared with 884 mortgages
Tor $l0.642.270 in the previous
month and 1882 for $2l, 978, l6l
in May last year.
In the first i've months of this
year, the District registered
4.160 deeds Of trust amounting
to $63.737.437, compared with
5.343 for 500, 8S4.00 in the same
1856 period.
Deeds or property transfers
In May totaled l.466, well ahead
Of 1877 in the previous month
and also slightly above 1,454 in
May last year. Five months deeds
totaled 6.351, compared with
5,772 a year earlier.
May foreclosures numbered 4S.
compared with "a in the previous
month and IS in May last year.
Five months foreclosures totaled
800, compared with 34l in the
same 1856 months.
The District trend is fairly
representative Of the entire
Washington area, but declines in
residential construction have
been smaller in the suburbs and
therefore the lag in financing
probably has been smaller there.
Complete figures are not avail
able.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
METAL QUOTATIONS.

NEW YORK. June 90 LR.-snot mon
ferrous metal prices today: Copper. 90
SSN cents Q pound. Connecticut Valley
1ead' ~ cents a pound. New York.
z ze' d0ts cents Q pound East st. Louis.
Foreign silver. 9OH cents per troy ounce.
New York. At PittsburEh. scrap steel
No ] heavy was quoted at 300.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
Government Employees Corp.
OMers 5 Per Cent nehenfnres

Government Employees Corp,
automobile firm. yesterday Of
fered comm on stockholders
rights to subscribe for 1852 ,O0C
OF the firms per cent con-
vertible capital debentures, due
June 80. 1857.
The debentures are being Of
fered to stockholders Of record
June 10 at 100 per cent in a
minimum Of 500 principal
amount. and increasing in null
tiples Of $50. in the ratio of 500
OF debentures for each 20 shares
held. Proceeds win be used for
expansion Of operations.
The offering has been under
written by Johnston, Lemon {;
Co. and Eastman Dillon, Union
Securities IL Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20

May. The total for May this
year was 269 greater than for
April. Foreclosures. he said.
totaled only 48 in May. compared
to IS in May, 1856.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
c. & o. Earnings Reach
New Records for May

Earnings Of Chesapeake q Ohio
Railway were equal to n cents q
share in May. highest mark for
that month on record, declared
President Walter j. Tuohy in a
note accompanying the quarterly
dividend payment to stockholders
For the first half of 1857 earn
ings should be about even with
record earnings Of 81 a share in
last years six months. he said.
Export coal traffic continues
heavy" reported Mr.. Tuohy.
New records in ship loadings are
being made almost every week.
Overseas shipments for the first
five months totaled 10 million
tons. up 80 per cent from the
same period last year."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
|ReoItor Opinion Divided
On Funds Availability
By ROBERT ID. LEWIS

VIRGINIA BEACH. Va, June 2O-Opinon divided here
today at the third annual convention the Washington Real
Estate Board prospects for finance
and of residential construction
for the remainder of the year.
Charles G. Norris president Of the washington
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
'' 81 BUSINESS
Security Storage Boosts
Dividend Rate to S1.6O
By DONALn b. HAnIEY

DHectoS OF Security Storage Co. TODAY annolnced an
increase the regular dividend $3.50 annually from
$2O share paid previously President Philip Larner Gore
announced - 49,
The board declared quarterly dividend of 40 cents share
TO establish the higher and also voted an exa
dividend of 90 cents share
The larger distribution authorized as result Of record
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
Citizens Bank of Maryland
Votes Regular and Extra

Directors Of the Citizens Bank
OF Maryland have declared a
regular semiannual dividend of
20 cents a share, or 2 per cent,
and an extra dividend of 30 cents
a share. or 3 per cent. President
Alfred H. Smith announced.
The same amounts totaling so
cents q share were paid last De-
cember. The distribution will be
made June 20 to stockholders Of
record June 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
ODD-LOT DEALINGS

:. NEW YORK. June 20 B.-The New
YORK Stock Exchange reported today
these odd lot transactions by principal
aeaiers on the exchange for June 49,
purchases of 25@ 1872 shares: Sales OF
2l9.OlS shares including 1882 shares
sold short.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
First Of Southern Maryland
Votes Larger Dividend

Directors of the First National
Bank Of Southern Maryland at
Upper Marlboro have increased
the semiannual dividend to 70
cents a share from so cents paid
previously. it was reported by
M. Hampton Magruder, presi-
dent and board chairman. today.
The larger quarterly dividend
will be paid July l to stockhold-
ers of record June 20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20
MUTUAL FUNDS

NEW YORK. June 90 R.-National
association securities Dealers. Inc.
Moon ouOtationsl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-20

this direction had the full CO.
operation Of banks. savings and
loan associations and others. it
might have a worthwhile impact,
but ! feel this is impractical, 4"
said a prominent banker. Saw
ings and loan executives ex-
pressed similar views.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31
Town May Insure
ROdeO Spectators

Provision for liability insurance for
spectators at the July 4th Rodeo will
be sought when the Village of Bluff
ton advertises for renewal of its
annual comprehensive liability policy
next month.
The present policy does not include
protection for spectators at July 4th
celebrations. Council has decided to
advertise for insurance policies with
and without this provision and will
make a final decision on which policy
to purchase when the bids are sub
mitted.
1t is felt the groups sponsoring the
Rodeo will be able to secure more
favorable insurance rates under this
plan. Importation of better stock in
recent years has sent rodeo insur-
ance upward.
The proposition was presented to
village council Tuesday night by
Mayor David Riser at the request
of Eugene Benroth, secretary of the
Bluffton Businessmen's association.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31
BlufftOnite Heads
Expansion OF E & r
Home For Aged

A Bluffton native is superintendent
of the Evangelical and Reformed
church's Home for the Aged near
Upper Sandusky which is completing
one of the largest. expansion programs
in its history.
Rev. and Mrs. Robert Diller, who
serve as superintendent and matron
of the institution, came there in 1855
after serving 13 years at Immanuel's
E and r church in Alliance.
The Rev. Mr.. Diller, who attended
the local schools, is the son of Noah
Diller His maternal grandfather was
the Rev. Peter Greding, one of the
early pastors of the local Evangeli-
cal and Reformed congregations.
The current remodeling program
at the home will expand its capacity
to 100 residents. Included in the pro-
gram are IL new resident rooms, a
service room, bath rooms and two
living rooms. A recreation room and
a storage room are being excavated
under the chapel.
A modern kitchen viii be installed
and the Institutions dining room will
be remodeled and refurnished.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31

AoOC1 Op VANOAhx III, Nib
wake up and do something for the
boys. The past season, the town, as
such, did absolutely nothing for them
and they deserve and merit the sub
stantial support of the citizens ano
merchants of the town.
Mrs. Bert Clark is the possessor
of the silver set recently given away
at the Fett hardware store.
Everett Agner of Gilboa is the new
proprietor of the Park restaurant
formerly owned by Cal Hauenstein
If your hair is turning gray use
sage tea. Wyeth's Sage and Sulphur
Hair Remedy darkens SO naturally
and evenly nobody can tell it has
been applied.
E. w. Bash, teacher of history and
civics at the high school is enjoying
a siege of old fashioned mumps right
in the middle of mid-year examina.
tons.
John A. Rogers was elected presi-
dent of the local school board with
M. M. Bogart vice-president and A.
D. Hall, clerk and treasurer.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31

c. G. Coburn was elected master
of the Masonic lodge. Mrs. Eva
Coburn was announced as worthy
matron of the Eastern Star. Other
lodges listed, all of which have dis
appeared from the local scene in
cluded the IOOF, Rainbow Encamp-
ment, Rebekah Lodge, LOTM, GAR,
KOTM, and the Royal Arcanum.
36 persons died in Bluffton the pre-
vious year but 60 births were record
ed.
Bluffton college defeated Wilber-
force 53-14 on the local rink Saturday
night. In spite of the uneven score
the game was not uninteresting. With
score of 1922 at the half Bluffton' S
guarding slumped allowing the color
ed team IL points in the last half.
At the council meeting Monday
night Hank Swapk was reappointed
night watch and A. E. Temple janitor
VI eiiC lOWii iioll lOl lilC COillliiS yea.
D. c. Bixel, the Jeweler will care for
the town clock this year. Now Bluff
ton will have a good time.
The Board of Public Affairs ap-
pointed D. w. Bixler as clerk for the
ensuing year.
Ably assisted by Prof. Haley of
Butler, Ind, Rev. w. A. Brundige
pastor of the Church of Christ is
conducting a series of successful re-
vival meetings at that church every
evening. A number of conversions
have been made and those in charge
expect many more before the close of
the meetings.
In game played between the high
school and college girls the teams
proved very tight in the first half
but at the end of a close second
half the college girls led rs.
DR.. Mosiman is having his brick
residence in College View addition
remodeled and expects to move into
it in the near future.
The Citizens Band will give their
Minstrel show on Monday February
%. Full particulars will appear later.
The personnel of the band has
changed very little from last year
and Bluffton will have the best band
the coming season that we have ever
had. Let the citizens of the town
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31
Recruiting Now
For Marine Airnen

The Lima Marine recruiting office
has received authority to accept ap-
plicatons now from young men who
desire to enlist during February into
the new Marine Corps Aviation pro-
gram. Young men may now enlist
with the guarantee of aviation school
ing and aviation duty upon compile
ton of that schooling.
T/Sgt. Dick Brown, recruiter in
charge of the local office, said that
approximately IL to Is Lima area
men viii be allowed to enlist directly
into the Marine Aviation program
each month. He emphasized that
land and sea duty billets are wide
OPEN, but only Is men will be en-
listed for the Marine air program
during February.
The recruiting office is in the Post
Office building, Lima.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31
Tractor Maintenance
Clubs Organized

Allen county All tractor mainten-
ance clubs were assigned locations
and starting dates at the organiza.
tional meeting held last Wednesday
at Lima.
A first year club will be held al
the Christy Equipment Co., Lima,
every Wednesday evening at 8 p. m.
Ed Belston will advise this group.
Members of the second year club
will meet each Thursday at p. m. al
the Halker Implement company, with
Cy Halker as their advisor.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31

The Conner Farm Store, Conner,
will be the site of the meetings for
the third year club. These meetings,
under AL Post, will be held each
Wednesday at 7:30 p. m.
Persons unable to attend the organ
national meeting may enroll in the
courses by contracting the county
extension office or attending the
first meeting of the club in their
category.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31

Cost of the entire project will prob
ably be about $65, 1000.
The Upper Sandusky home is one
Of 20 operated by the Evangelical
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31

and Reformed church. Founded in
large farm residence in 1920 IL has
grown to its present size of four
large buildings and IS residents.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-01-31
NeUs Grandfather Read

FROM THE BLUFFToN NEWS ISSUE OF JANUARY Ill., LOIS
ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1957-01-30

PITTSBURGH, Pa. - The
Croatian Fraternal Unions
18th Annual Basketball Tour
nament will take place IN
10 h n S t o w n, Pennsylvania,
March % to "a, 1857. This
the first time that the
setting of the Society's cage
classic will take place in this
metropolis and the first time
that this tournament has
reached that far East.
"St. Rochus" Lodge 5 and
Nest 4 as the tournament
hosts are busying themselves
with plans locally to equal the
occasion of this honor.
Those of us who know the
Johnstown membership and
it's long ingrained member
ship which goes back to the
founding days of the Croatian
ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1957-01-30
New Highs Posted In
Johnstown Dux Circuit

Johnstown, Pa. - In games
of the past week in the st.
Rochus Lodge 5 Mixed Duck
pin League, a new seasonal
one and three game high was
scored by Edward Cominskey
with a hefty 246-2O3-177 for
a 626 series.
The Church team wa
thereby able to shutout the
Pavich Amusements. Team
mate Andrew Kindya also
rolled we'll as he hit a 2O2-5O6
series, Pete Fabina, 181-489
and Helen Demko a 138-323.
The Churchmen now have ex-
tended their win streak to
five straight and are in Sec
ond place.
Victor Farkas, Jr. was top
man among the losers with a
191-5O8 card and Cecilia ia
kovic was the feminine tops
among the Pavichs with 133-
322.
The Baretincic Morticians
swamped the st. Rochus
Lodge team. Victor Farkas,
Sr. led for the winners with
a sol series, followed by
Steve Kmetz, 466 and Joseph
Gojmerac with a 458 set. For
the Lodge keglers, Steve Pc
trusic was high with 472,
while Kay Spisak's 175-405
took the feminine individual
honors for the evening.
Meanwhile helping the lea
que leading Morticians to
ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1957-01-30
johnstown Lodge 5 And Nest 4 Will
Host 18th Annual Basketball Tourney
February 22nd Is Entry Deadline Date
For March 22-24 Running Of Hoop Classic

Fraternal Union can assure
the tourney participants and
their fans that their coming
will be fraternally compensa-
ted.
The tournament games will
take place at the spacious
Franklin High School Gymna-
sium in nearby Franklin, Pa;
a floor that has been trod by
some of the keystone States
top high school cage quin-
tettes.
With the tournament entry
deadline set for February %,
1857, which is thirty days pri-
or to the start of the cage
tourney, we beseech the coop
Grafton of all lodge and nest
followers of basketball sport.
Frank Braidic, Director
Sports-Educational Dept.
ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1957-01-30

the Onyx Topplers back in
the drivers seat as they wal
loped the fast fading Texaco
keglers. Chuck Bidoli hit for
26O-6O9 and Joe Babich tried
checking with 216-5O8. How
ever c. Pulich's consisting
plugging gave him 228-593
and was complemented by
A. Golac, 551, E. Dernay,
522 and Vic Pulich's 206-523
all too much for the Service
men.
Drewry's Beer proved it.
self a powerhouse as they
racked up a team total of
1881 which had the benefit
Of the following totals, R.
Pavkovich, 219-627; John Bo-
Wick, 247-576, B. Buban, 21O-
$50, Andy Kovach, 237-612
and Tony Ruzich's, $50 was
strong enough to take 3
points from the Rock Garden
team.
The Yo Yo's with N. Var
vari rolling 211-519, D. Jura-
vich, 2O4-549 and R. Perpich,
216-593 didn't do bad either.
Beaver Home Builders took
care of the Cro-Home keglers
giving them a 40 licking as
Steve Milobar paced the win
ners. For the losers it was
Dan Rocovich, Jr. with SAT
and j. Jovanovich with $50.
Onyx Troopers caught the
Stimac Hardware men at
their low scoring levels and
chalked up a 40 victory. Cap
tain Joe Katich paved the way
for the winning Lodge III
men with a 531 set and Ernie
Butkovich a 2O3-5O6.
Fega Tool dropped another
notch in the. standings, losing
as they did 3 points to the
Wand Florists. J. Korak, the
recent retiree from Ford Mo-
tor Co., but still young at
heart, came thru with 2O2-
518. For the Fega Tool squad,
Joe Cindrich, 528, Frank Ia
dey and Adam Strizich, 211-
521 pooled their efforts to
take at least one game.
Andy Dellach, Sec'y.
ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1957-01-30
Lyons League Keg|ers
In Shuttle February 7

Lyons, iii. - The Lyons
C.F.U. Lodge 22S Bowling
League is holding it's annual
social, Pre-Valentine Dance
on Saturday, February End,
at the locally well known So
kol Hall, corner Of 42nd
Street and Gage Avenue.
AS in the past affairs, the
committee has gone all out in
their preparations to assure
you of a good time. A good or
chestra has been engaged to
supply the evenings dance
tune and even complement
any vocalizing later in the
evening. Of course the ever
present refreshments will be
provided for the convenience
of those who wish to partake
of an elixir.
The kitchen stated by the
lady bowlers of our sports af-
filiation will have a fine Sc
lection of sandwiches and 9TH
er foods for your late evening
snack.
Why not arrange this date
to be yours with the C.F.U.
bowlers to renew "auld" ac-
quintances and make new
ones? We are sure that you
will have a very enjoyable
time getting your share Of the
social benefits as a member.
Lodge 228 bowlers are expect
ing you, February End.
Committee