davidaulloa/AmericanStories huggingface dataset:
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

OFFICE SUPPLIES. Loose leaf
ledgers, ledger sheets, columnar
sheets, columnar pads; 200-page
and SOO-page single entry ledgers;
day books, counter books, type
writer ribbon, typewriter erasers,
typewriter cleaner, and many 9TH
err items needed for daily use in
your office. TIMES PRINTING
CO., Manteo, N. C. Phone A.
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

LET US SERVE YOUR FARM
CREDIT NEEDS. Production
loans, one year, for general pur-
poses. Loans three to five years
for building and repairs, ditching,
purchase of machinery, livestock
and land. Washington Production
Credit Association, Register Of
Deeds Office in Swan Quarter Fri
days. Loans insured at reasonable
cost. H-12-13-12tc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

PIANO BARGAIN: We are forced
to pick up beautiful little Con-
sole Spinet Piano with matching
bench. This piano is mahogany,
with full keyboard, and will carry
new piano guarantee. Because of
freight and moving charges in
volved in the return of this piano
to US, we will transfer to reliable
party in this vicinity. For further
information, write FMB Box 1913,
Charlotte, N. C. T-2-15-2tc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

INSURANCE. Auto liability, fire
and wind storm on dwellings and
business. Hugh Fortescue,' Wash
ington. Dependable Insurance
since 1924" H-12-27-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

HELP WANTED. GET THE
FACTS. Let us show you how
we have helped others to become
financially indepedent selling Raw
leigh Products. Good locality now
available in Hyde and Tyrrell
Counties. Write w. T. Rawleigh
Company, NCC-4S0-560A, Rich
mond, Va. H-2-28-5tp
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

ARTIFICIAL BREEDING of your
cows to purebred, proven stocks
is both profitable and economical.
This service available to family
COW owners, beef producers, dairy
herds. All dairy and beef breeds
available. Call H. E. Clayton, Bel
haven 1905. P-1O-4-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

CEMETERY MEMORIALS, where
you save the middleman's profit.
We don't employ agents you
save that commission. ]. Winton
Sawyer, Elizabeth City, N. L.
TPH-8-9-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

PANSY PLANTS, English daisies,
Sweet William and Carnations.
Camellias, Azaleas and other gar
den and house plants at reasonable
prices. Roanoke Island Gardens,
Manteo, N C. T-12-7-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01
CARD OF THANKS

wish to thank my many friends
who frightened my stay in hospital
with their cards, gifts and mes
sages of cheer.
ELLSWORTH MIDGET
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

NOTICE TO MERCHANTS
BROWN PAVING COMPANY
shall not be responsible for any
debt unless a PURCHASE ORDER
for same is presented at time of
purchase. T-2-15-3tp
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

is PRESENT INCOME Salts
FACTORY? If not, we have an
opening in Belhaven to sell Nation
al Advertised Watkins products,
full or part time. Merchandise
shipped on credit. We help you get
started. Write the j. R.. Watkins
Co., Dept. SO, Richmond, Virginia.
P-2-7-4tp
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

FOR SALE. New and rebuilt
Clinton & Briggs and Stratton
engines. 1 3/4 to 9 Horsepower.
Prices, $500 to $141.95. Propel-
lers, shafts, coupling, etc. ALEXIS
REPAIR SHOP, Wanchese. Phone
248-J2.
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

ALL TYPES BOATS built. Prices
reasonable. Quality work. Roscoe
GallOp, phone 281-W4, Wanchese,
N. c. T-S-10-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

HELP WANTED-MALE OR FE-
MALE. To compile a complete
list of addresses covering local
areas for a national direct mail adj
vertising concern. If interested,
write to Mail Manager, p. o. Box
2O99, Norfolk l, Va. P-2-28-3tc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

FOR SALE. 60 foot Shrimp Trawl-
er GMC 6-71 deisel motor, nice
boat, well equipped, including 80
watt radio phone. See or phone
Washington 1891, Jesse Everett.
H-1-11-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

WANTED: NIGHT CLERK by
beach hotel. Previous experience
helpful but not necessary. Pleasant
working conditions, vacation with
pay. Write Box 81, Mays Head.
T-2-22-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

FOR RENT: Unfurnished house in
Manteo. Five bedrooms. Tel.
177-W. T-2-22-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

FOR SALE. Meat display case with
compressor, 2 electric deep-fry-
ers, grill. Phone Kill Devil Hills
2276. T-2-22-3tc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

EXPERIENCED local house paint
ing, outside and inside. Sheet
rock finishing and painting
SOBER. Prices reasonable. w. B.
Midget, E. P. Alexander, 308
County Street, Manteo, N. C.
T-2-22-5tp
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

For your insurance needs see
w. R. PEARCE, Manteo, N. C.
All kinds of insurance
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

BRING YOUR repair problems to
"The Fix-It Shop" in Wanchese.
We can't repair everything but
We'll sure try. All work guaran-
teed. Tel. 1912. Jeff Davis, Own
er-Manager.
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

Visit ANDERSON'S SUPER
MARKET-BEACH STORE at
two mile post. Vacation headquar-
tiers. Open year round. Write
BILL ANDERSON'S RENTAL
AGENCY, KITTY HAWK, reser-
vations, oceanfront housekeeping
cottages. T-4-S-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

WANTED TO BUY: Old furni-
ture, glass, china, and cooking
utensils. Write what you have to:
L. A. Cox, P. o. Box 5S2, Rocky
Mount. N. C.. H-2-7-4tc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

WANTED: OCEAN FRONT LOT
or cottage between Jennette's
and Oregon Inlet. Write "details
Immediately. John Burwell, 1907
Window Place, NV. Washington
Is, D. C. T-2-15-3tp
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

ARTISTS SUPPLIES. Speed ball
sets, India ink, black drawing
ink. silver ink, white ink, drawing
paper. TIMES PRINTING CO.,
Inc, Manteo. tc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

CHAIRS suitable for lodge officers
or pulpit, will sell at bargain
Times Printing Co., Manteo.
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

FURNISHED HOUSES For Rent,
west side of Roanoke Island.
CouVeniences. D. v. Meekins, Man
teO, N. c.
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

LOST in Roanoke Sound, 16 #.
yellow juniper skiff. Call Manteo
17S-W. T-3-1-1tc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01

FOR AUTO LIABILITY and fire
insurance on Hatteras Island,
See Ivey Batten, Hatteras.
T-1-11-tfc
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1957-03-01
BUS SCHEDULES
BETWEEN MANTEO
AND HATTERAS
Effo~fsva Uonuarxy 81 1OEG

NORTHBOUND
Lv. Hatteras .............. 8:45k AM.
Ar. ManteO .................... ii 20 AM.
SOUTHBOUND
Lv. Mante0 .................. $3.50 Pm.
Ar. HAtteras ................ $500 Pm.
CHARTERED TRIPS
HATTERAS-MANTEO
BUS LINE
Phone 1o4 Hatteras, N. c.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-10-10
Use The Home Fire Safety Check
List To Safeguard Your Home Today!
(Sisn your name ut bottom.
Yord and Garoge Hozords

Yord and Goroge Hozords
you combuible rubbish leaves and debris from
yard? i
Have Weeds removed from vacant
adjacent to yours? i
during the entire time ash leaves etc.
being burned out of doors? I
debris, and litter from garage!
garage brick, earthen floor?
the containers always
kept tightly closed? i
If basement, OF the hou have
provided to prevent leakage OF gases
smoke living quarters? Il
Portable Oil Heater Hozords
norab oil heaters of been examined
and listed by the Laboratories lnc u
used, ventilated
for life safety during operation?
oil heater always set SO that is eVe IN oder
to insure
OF
oil heater doorsan and in the daylight? II
If YOU wckype portable oil heater, do trim the wick
and clean it regularly? Il
Do YOU regulate properly maintain your portable
oilhe to it from smoking? Il
10 Won always turn your retiring
night? l
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1957-10-10
Housekeeping Hozards

basement
rags old papers, mattresses broken furniture etc?
YOU mop do keep it in metal conaner other
where will not catch fire by spontaneous
ignition?
you safely dispose of oily polishing waste
after using?
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
CHICO LIVESTOCK

CHICAGO. Aus. 10 (USDAi-
Salable hogs 5000: moderately active.
generally % lower on butchers. close
slow, 25 TO 80 lower on q few lots
under 30 ID: sows mostly 20 lower,
instances on more; No. l-3 lgQ-:4O 10.
butchers predominated: with little
over 240 ID. and larger numbers lS0-
2lO ID; No. 2-j 2lO-2s0 10. 2l.25-
2l.7o; mainly ~ 5O-2l.55 on weights
22O-.7u ID mixed No. l-3 mostly No
20 l9O-210 ID. .2O75-2l So. several
a 20 head lot No. i 200 ID. al 22'25:
lot No 8 go To-. Il rs. few lots mixed
grades l7u-lS5 ID. 100000 so; larser
lots mixed Grades 33O-375 ID. sows
l900-20.25; several lots mostly No
IL 210-325 Id. 20 .50-2l 90; larger
saiable cattle $500; calves ZOO
fairly active, steers and heifers mostly
STEADY; cows and bulls steady to -
higher; veaierS and stockers and
feeders steady; several loads prime
l225-l25O ID steers 2s.00-29 30; bulk
800 ID down TO "A 90: bulk good steers
22.00-24 SO; standard to low good
Grades l9.00-21.75; few prime 1850
ID heifers 1925: good to hiEh choice
heiiers II 50-25.00: few standard COWS
l600-lS,00; utility and commercial
cows l2.75-l6.OO; Gamers and cutters
1OOO-i325: few light Gamers down to
800: utility and commercial bulls
15.50-1 Z so good and choice vealers
81 O0-25 90; Gull to standard 100
5000. load Of mediums $50 ID feed
ing steers 20.25; load medium 900 ID
1900
salable sheep 1000; spring lambs
mostly steady, but spots weak to as
much as so lower: yearlings not estab-
lished; slaughter ewes steady: good 10
choice spring lambs 22.00-24 90:
choice and prime very scarce: few odd
head "a so; Gull to low good 1900
81 90: so head No. I pelt good and
choice springers around a5 ID 22.00:
Gull TO choice ewes 00-7 so: mostly
6.O0-8,50: double deck yesrlinRs and
deck mixed ewes unsold late
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
SYMBOL OF, THRIFT DISPLAYED
Ford Discovers
Chemical to Purify
Exhaust Fumes

DETROIT, Aug. Is (PD.-The
discovery of a promising chem
ical for purifying automotive
exhaust gas was reported yes
terday by Ford Motor Co.
The company's anti-smog re-
searchers describe the chemi-
cal as vanadium pentoxide. a
powder they say has eliminated
more than 80 per cent of un-
consumed hydrocarbons during
100 hours of laboratory tests
with a single cylinder engine.
They said these tests were equal
to about 1000 miles Of actual
driving.
In the tests exhaust gases
were screened through the
powder in a container placed
in the engines exhaust mani
fold.
Also announced by the Ford
anti-smog researchers was de-
velopment Of a hydrocarbon in
tegrator, a device that instan-
taneously measures hydrocar-
bon emission from the exhaust
of an automobile under any
driving conditions.
Technical details of both de-
velopmentS will be described
Friday by Ford engineers at a
meeting of the Society of Auto
motive Engineers in Seattle,
Wash.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13

consultant. formerly vice pres
ldent, Federal Reserve Bank of
st. Louis.
Other directors include: Will
liam w. Eaton, physicist; Dex-
ter NJ. Keezer. vice president.
McGraw-Hill Publishing Co.:
j. Gordon Lippencott, industrial
designer, and Peter v. Roberts.
engineering consultant. all of
New York.
Organized to invest its re-
sources in companies particle
pating in the manufacture,
rental and installation of auto
nation devices and equipment,
the investment policies of the
fund are geared to take advan-
tage of the immediate and
future prospects in a new era
that is characterized by steadily
expanding demand for goods
and services" said today's an
nouncement.
officials said that to aid in
its investment analysis. Auto
nation Shares. Inc, has re-
tanned as adviser the Council
of Economic and Industry
Research, Inc, here.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
Top Interest Rote
Since 1888 Paid
On o1-Duy Bills

Short-term Government bor-
rowing costs reached a new "a
year high yesterday when the
Treasury learned it would have
to pay theN equivalent of an
average annual interest rate of
3.498 per cent on its latest
offering of 91-day bills.
The rate is determined by
competitive bidding. The all
time high was 4.259 per cent,
paid during the March, 1898,
bank holiday. Until now the
highest since that time was
3.404 per cent paid on 91-day
bills date last June 20.
The new high rate is for an
issue Of SIT billion to be dated
August Is and maturing No
vember Ia. Last weeks rate
was 1903 per cent. a slight
drop from the previous weeks
$500 per cent
The 91-day bills represent
about $22 billion of the ma
tional debt that is always out
standing. Since the bills ma
ture in Is weeks they are re-
financed four times each year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13

pany Will nave headquarters at
734 Fifteenth street NV.
The president and a director
is DR.. Herbert w. Robinson,
former assistant to Lord Cher
we'll. who was the personal SCI
entific and statistical adviser to
Former Prime Minister Church.
Ill.
TIL Riggs National Bank will
be custodian Of the funds as
sets. The transfer agent will
be the First Pennsylvania
Banking & Trust Co., Phila-
delphia.
Washingtonians who are di-
rectors of the new firm are:
Dean Arthur E. Burns of
George Washington Univer-
Sity's School of Government;
John w. Kendrick. economist
and associate professor Of eco
nomicS at the university; Irving
G. Rudd, general partner.
Rudd. Brod g. Co.; Emerson P.
Schmidt, director of economic
research, Chamber of Com
merce of the United States:
James r. Sharp, attorney, and
William H. Stead, industrial
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
Banks Raise
|Acceptances
Another 1-0

NEW YORK, Aug. IS Dr.
For the second time within a
week, major dealers in bankers
acceptances increased their
rates by 70 percentage point
across the board. effective
today.
Bankers acceptances for the
most part are bills covering ex-
ports, imports and domestic
shipments which have been
accepted" by a bank, thus put
ting the banks credit behind
the purchaser of the goods.
After the bill has been accepted,
1t becomes negotiable and is
traded in the open market
through dealers.
The new rates are 37s per
cent bid and 324 per cent asked
on 30-to-90-day bills, 4 and ga
per cent on To-day bills and
Az and 4 per cent on 1SO-day
bills.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
High Bond Yields Raise
Doubts on Stock Values

Prices for municipal bonds
and even short-term Govern
ment bonds which yield as
much as 4 per cent have raised
some serious doubts on the
stock market outlook.
Despite recent declines. in
dustrial stocks on average still
are selling at prices that yield
less than 4 per cent on the
basis of present dividends. One
survey figures the average yield
on 125 industrials last Friday
was 3.S4 per cent.
Generally stocks pay con-
siderably higher yields than
bonds. A veteran Washington
broker said recently that in his
experience. bond and stock
values have never stayed close
together for any extended
period.
Wall Street houses report
there is little possibility for
materially higher dividends as
earnings remain about the same
and arrangements need cash in
q tight-money market.
Lower market prices seem to
be the only way to improve
yields for investors already
looking toward bonds. However,
some stocks will always run
counter to the general trend
because of special situations
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
Goldenberg Stock Delisting
Is Approved by SEC

The Securities and Exchange
Commission has approved an
application of the Philadelphia
Baltimore Stock Exchange to
strike from listings the Glass A
common stock and 6 per cent
preferred stock Of the Golden
berg Co. of Washington, eff
fective August 20.
The delisting was approved
because the company's shares
are nominally quoted at one
fourth or less and the company
has failed to file the informa-
ton. documents and reports re-
CURED by the exchange and 81
section l3-a of the Securities
Exchange Act of 1884.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
FOREIGN EXCH'CE

NEW YORK, Aug IL R.-Foreign
exchanRe rates follow, Great Britain
In dollars. others In cents Unbalanced
unless otherwise notedl
market So per cent premium or
l05. 439a U. 8 cents.
Europe, Great Britain (poundl
S2.1ss; 30-day futures arm, on
3l32; 6Q-day futures 2.77i.. on 3/32.
Rium nrancl .gSss, on "a; France
franc .23ls of a cent. on .OOi.
Germany WESTERN tdeutsche mark
1880: Holland (euilderl 2B.l2; Italy
tliral 1874 OF cent: Portugal
tescudol 800: sweden tkrona) 1874
mark tkronel 1880.
Latin America Argentina free
2.8. up .0a; Brazil Qreel .33i
Mexico sol Venezuela fbolivarD 80. O3
Far East. Hong Kong dollar 1853.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
Silver Spring HOtel-M0t
Opens 42-ROOm Addition

The Park Silver Hotel, at
Thirteenth and Kennett streets
in Silver Spring, Md. one-half
block west Of Georgia avenue.
announced the opening Of an
addition Of ~ new rooms.
The Park-O-Tel Corp. in Sill
yer Spring. the owners, said
Stewart w. Bainum was the
contractor and Ronald S.
Senseman, architect. The man.
agement Of Silver Springs
first modern hotel-motel" ca
tiers both to tourists and busi-
ness travellers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13

the Southern did not ask for
the increases although it did
need more revenues.
"All railroads need more
money. for the rate Of return
on investment has been dts
couragingly low in the railroad
industry for years. But it's our
openion that higher freight
rates simply mean a merry-go-
round ride to nowhere for us
lin today's bitterly competitive
transportation business, he
declared.
I'VE are tired of seeing more
and more freight which by its
very nature belongs on the rails
being carried, instead. by our
subsidized competitors. And we
are convinced that the princi-
pal reason is constantly ad-
vancing rail rates. This gives
our subsidized competitors the
chance to skim of the cream OF
our most desirable and profit
able traffic-while they ignore
traffic they don't want to carry
Rails Get What's Left,
Built for Volume
They happily allow US to have
what's left, knowing we're OBJ
ligated by law as a common
carrier to take what's left. That
hurts, because railroads are
built to handle volume. It's our
bread and butter. We want
more business, not less.
I'VE believe we can get and
hold the volume of business our
modern railroad now is geared
to handle by keeping our rates
down, even lowering them when
conditions justify. We know
that it is through large vol
ume of traffic that Southern
can best and most cheaply
manufacture" transportation
saving money for our GUS
toners and making some for
ourselves. That's what we are
determined to try.
LAS to our position in this
rate case, we feel that it has
been a sound one, and in the
public interest. Certainly 1t
already has caused those inter-
ested in the well-being Of the
transportation industry to give
serious thought to the danger
Gus effect of upward-spiraling
freight rates"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
METAL PRICES

NEW YORK, AUG. IL Ui.-spot nom
ferrous metal prices today: Copper
2Sls-2Sia cents pound, Connecticut
York, Zinc 10 cents a pound East
ST Louis Tin g2la cents a pound
New York Foreisn silver ola cents
per troy ounce. New York. At Pitts
huTgh. scrap steel No. heavy was
quoted at IS 0O-56 90
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
Big Los Angeles Issue
Marketed by Group

A $44 million offering of
City of Los Angeles school dis
trict and high school district
bonds reached the market to-
day through a syndicate headed
by the Bank of America.
The 4 per cent issue matur-
ing 1858 to 1882 was priced
to yield 2.80 to 800 per cent.
1t was awarded at an interest
cost to the city Of 1857 per
cent.
Among the firms in the offer
ing group were Bache e. Co.,
Francis I. DUPONT a. Co.. Fol-
ger. Nolan, Fleming w. B.
Hibbs e. Co.. Hemphill, Noyes
e. Co., Hirsch a. Co. Laidlaw
g. Co., Merrill Lynch, Pierce,
Fenner 6sBeane.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
Discount Rate Roised
BY Three More Banks


The Federal Reserve Board
said yesterday the discount
rate at the Federal Reserve
banks in Dallas, Atlanta and
Boston will be raised from 3
to 3l2 per cent, effective today
That is the same new rate
announced last Thursday for
Federal Reserve banks in Phil
adelphia. Chicago. Minneapo.
lis and Kansas City. Similar
action for the. other five Re-
serve blanks sin New York,
Cleveland. Richmond, st. Louis
and San. Francisco is expected
to follow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
Consumer Buying Rises
as Industry Slows

While industrial activity as
a whole is slipping, and the
public is becoming increasingly
aware Of it, Americans actu-
ally appear to have stepped up
their buying Of goods slightly
at the retail level. commented
the current issue of Impact.
now being distributed by Nc
Lachlen Banking Corp.
While department store sales
for the year to date are a scant
2 per cent above 1856, sales in
the most recent four-week per-
iod were UP 5 per cent, the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
IMeroer Announced

BEVERLY HILLS, Calf.
Aug. Is (P.-The Merger of
Radioplane Co. and Northrop
Aircraft, Inc, was announced
yesterday by Whitley c. Col
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13

Inns, president of Northrop.
Radioplane, which makes tar
get drone systems for the
armed services, has been a
wholly owned subsidiary of
Northrop since 1852.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
'' m BUSINESS
Southern Bars Rate Cuts
That Reduce Volume
BY DONALD B. HADLEY

Southern Railway does not intend to Increase freight
rate where such action will price out Of the market and
reduce net income" declared President Harry De5u
today.
Commenting rate increases recently authorized by the
Interstate Commerce Commission Mr. Deuts pointed out that
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
ODD-LOT DEALINGS

NEW YORK, Aug. 3 tP.--The New
York Stock Exchange reported today
these odd-lot transactions by principal
dealers on the exchange for August IL.
iT4'05G shares Including 2,4aS shares
sold Short
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-13
New Investment Fund
Has D. Men on Boord
By WILLIAM A. MILLEN

Organization of Attenuation Shares Inc. open-end
investment company, with number of prominent Washing
tonians its board of directors announced today
1t will have capitalization at first of 100000 shares Of
capital par value EACH The funds shares will be
offered to the public Immediately The mutual fund