davidaulloa/AmericanStories huggingface dataset:
The Farmville herald. (Farmville, Va.) 1957-current, 1957-07-02
Morven

Visiting their grandmother, Mrs.
Ids Stockner, Sunday We're Mr.. and
Mrs Rufus stockner. Jr. q II d
daughter. Of Jacksonville. Fla, Mr..
and Mrs. James Stockner N d
daughter. and Mrs. D R. Stockner,
Ut Richmond
Mr. and Mrs. Ollin Morris, and
daughters, Susan and Robyn, of
Midlothian. visited their parents.
Mr.. and Mrs. Ned Morris and Mr..
and Mrs. Joe Easter, Sunday
@ l.. Dawson, Of Sandston. and
Mr. and Mrs Malcolm Dawson, OF
Amelia, spent last week ylsltin g
friends and relatives in and around
AIT Airy N. C.
This community was saddened
The Farmville herald. (Farmville, Va.) 1957-current, 1957-07-02
Allen Named Amelia
County Game Warden

James Z. Ellen, "a, native Of
Amelia t0oks over as m e. a
county game warden July l.
Selected fr9n the three highest
secrets on a competitive examina-
ton, his appointment was an
nounced last week by TIL game
commission. He succeeds l. A. Cole
man, who retired.
Allen. who srew Up n Namozine
is. believed To have scored ne
highest mark ever achieved On the
examination. He is a graduate OF
Amelia High School.
He served 80 months with the
Army in the European theater dur
ing World war II, and is married
to the former Nancy Cary Wood. OF
Amelia They. have two children
Anne and Jimmy.
The Farmville herald. (Farmville, Va.) 1957-current, 1957-07-02
FFA'ers Attend Camp

|. Attending the F'FA-FHA camp at
Morgart's Beach for week are Ron
ME Little, Eddie vAshman James
The Farmville herald. (Farmville, Va.) 1957-current, 1957-07-02

PauIette. Sterling Morris. Garland
Eastes, and Robert Lane, Amelia
High School agriculture instructor
They will retGrn to Amelia SatnF-
day
The Farmville herald. (Farmville, Va.) 1957-current, 1957-07-02
Powhatan Store
Entered Again On
Successive Nights

The oft-entered Canada : store in
PoWhatan county was broken into
on consecutive nights last week. and
three youths were apprehended
within hours Of the last break-in
Wednesday.
Warrants charging statutory bur-
glary and grand larceny were
issued for Charles A. Smith, 10.
and two l7-year-Old boys.
They are being held at the state
farm.
Henrico police apprehended the
youths. and called Powhatan Sheriff
r. w. Simpson about $50 a m
June rs. Money cigarettes and
other items were taken from the
store.
The night before. cash box was
taken
The Farmville herald. (Farmville, Va.) 1957-current, 1957-07-02

DeNoon. She expects to visit Mrs
Nellie Cole before returning home
Mrs. Eliza Cain visited MI. and
Mrs. Carey DeNo0n at Michaux
The Farmville herald. (Farmville, Va.) 1957-current, 1957-07-02

Charter No 1888 Reserve District No 5
REPORT OF CONDITION OF THE FIRST NATIONAL BANK
pr FARNvILLE m THE STATE OF VIRGINIA. AT THE
CLOSE or BUSINESS ON JUNE 6, 1857. PUBLISHED m
RESPONSE TO CALL MADE BY COMPTROLLER or THE
CURRENCY, UHoEE SECTION 5211, U. 5. REVISED
STATUTES
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11

needed except the baby itself
And the same goes for a party
you can rent everything needed
Except the guests land maybe
the guests too.
This is the fun side Of the in
dustry. OF much greater signi-
f1cance, of course. is the phe-
nomenal growth Of renting items
that represent investments OF
millions Of dollars.
The Rollins Leasing Corp, one
Of the largest long-term leasing
organizations in the country, is
now inaugurating a specialized
equipment pool" Of cars and
trucks out Of which businesses
can draw any special type of
transportation equipment they
need for precisely the number Of
days or weeks they need it. I'VE
figure businessmen can save as
much as IS to 40 per cent by
renting this way" says John w.
Rollins. who in IL years has
built his renting business from
a $1,000 gamble to a $50 million
a year enterprise. And they get
the transportation they need
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
YOUR
MONEYS WORTH
Renting Becomes a Habit
~ SYLVIA PORTER

A consumer habit which il
reaching awesome proportions
in this land Of installment plan
buyers has nothing to do with
consumer buying at all. It is:
Renting.
The industry which concerns
itself with renting just about
everything you can think OF
has grown to the point where
it is doing a business estimated
in excess Of 81 billion a year!
OF course, individuals and
companies in the field are still
renting the familiar goods and
services = autos, trucks, books,
hardware, diapers. linens, TV
sets, typewriters. etc.
But they're also expanding
their activities in volume and
variety to a degree where
defy you to think Of something
reasonable which you can't rent.
For instance. a midwest COM
pany will rent you trained geese
to weed your strawberry patch;
geese like weeds better than
strawberries.
A New York firm will rent you
valuable paintings for as little
as S. a month to put into your
home or ONCE; you can get orr
ginals Of Utrillo. Degas, Sargent
and Covarrubias.
Many Arms will rent you an
expensive fur coat for q special
occasion; others will rent you
lglittering jewelry.
AS far as a baby is concerned,
you can rent about everything
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11

to buy and even those who had
felt 1t necessary to get a new
car every year found that a car
will have a surprisingly long life
If well cared for. That is, pro-
viding the driver doesn't mind
a progressive obsolescence in de-
sign.
Last year. in the first four
months, repayments of auto in
stallment loans ran almost Ia
per cent ahead of the repay
ments in the similar period OF
1855. when motorists were bor-
rowing rather than paying Of
This year repayments are ahead
of last year, but the percentage
is rs per cent.
Other Loans On-So far this
year new loans to buy other con-
sumer goods have been running
behind the amounts Of last year
Outstanding loans have been
whitfield down by repaymentS ex-
ceeding new borrowings.
Repair and modernization bor-
rowings. which increased in 1856
over 1855. have dropped this
year.
Probably some Of the INSTALL
ment loans secured by the prod
ucts purchased have been re-
placed by personal loans repay.
able in installments. Comparing
January April periods these
loans have shown increases Of
about 10 per cent both this veal
and last year.
I The amounts Of such loan.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11

when they need 1t without max
ing a tremendous investment"
The Hertz Corp, pioneer in
the rent-a-car business, will
start the first national rent-a-
plane service this fall.
Why the great increase in
renting? The answer lies in the
description Of the four major
groups Of people who do rent.
In the first and second groups
are people who want something
they cannot afford to buy or
cannot find space to store
such as special equipment for
q party, power tools. bridge
chairs.
In the third group are people
who need something for a one
shot project-such as a floor
sander or a post hole driller.
In the fourth group are those
who find renting less expen-
sive and more convenient than
buying. Auto and truck leasing
is the outstanding example here.
Going into the renting busi-
ness involves a substantial cash
investment and plenty of risks.
Many look at the trend with
disfavor, fear it's undue COM
petition for sellers of goods.
But the disadvantages aren't
stopping the industry from
growing in every direction and
they're certainly not bothering
the increasing millions of Amer
leans who are embracing the
renting habit.
Distributed 1857 by
The Hall Syndicate. Incl
(All RIGHTS Reserved
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11

industry in this years business
Automobile men are still LOOKING
for a solid explanation.
With tight money auto loan:
cost more. but that rarely de-
tiers q person intent on buying
It may be that young parent.
are financing new babies and the
rooms for them instead OF finan-
cling new cars.
There is no doubt that sSome
motorists are still paying for the
cars bought in 1855. A Federal
Reserve Board survey in the
first part Of 1855 indicated that
80 percent OF installment obliga-
tions required one to two years
to pay out. and for per cent II
was more than two years.
Buyers Wait - Many buyers
completing paying for new cars
in a two to three-year period will
want a breathing spell before
they start it over again. They
may have been given a push II
this direction by higher prices Of
cars. Some may be influenced BY
experience OF the war period
when there were no new CARS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
Lee D. Butler
Collects $4,000
In Anous Sole

A two-day auction Of purebred
Angus cattle at the Kimlock
Farm Of Lee D. Butler at Supply
Va. brought some outstanding
prices. reported Mr.. Butler, well
known Washington automobile
dealers and businessman.
A total Of $4,000 was paid
for 480 lots Of Mr.. Buffers Angus
cattle.
An outstanding feature was
sale Of a two-thirds interest in
one Of Kimloch's herd sires
Black Knight 98th, for $4,000
to Angus Valley Farms at Tulsa
Okla. This is the record price
this year for q bull.
Cattle were sold to buyers in
% States and in Canada.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
Wolf & Cohen, Inc.,
Honored by Two
Insurance Firms

The Wolf g. Cohen. Inc. in
surance agency of Washington
was honored today by the Sc
curity Connecticut Insurance
Companies of New Haven on
completion Of so years as an
agent for the companies.
Donald M. Whitmeyer. vice
president of Security and head
of its eastern division, paid
tribute to Samuel C. Kaufman
and Henry King, principals of
the agency, and presented gifts.
Wolf 81 Cohen was founded in
1873 by the late Simon Wolf in
partnership with his son-in-law.
Myer Cohen. In 1893 the agency
was incorporated and Mr.. Kauf-
man and Mr.. King are president
and vice president-treasurer re-
Spectively. The agency has rep
resented the Security since 1897
and has Offices in the Home
Building.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
VALIC and SEC Lawyers
Present Opening Pleas

pany and its affiliate, Equit!
Annual Life Insurance Co., hav,
been licensed by the Distric
Of Columbia Superintendent o.
Insurance. The SEC, he con.
tended. is trying to GUST the in.
surance superintendent from hi.
Jurisdiction.
These two little companies,
he argued, ARE the innocent vic.
tins of conflict between the
Federal government and the
States.
This jurisdictional dispute
could result in the sheer destruc.
ton and humiliation of oul
business.
Mr.. Earnest told the court
that holders Of conventional an.
nuities have seen the value Of
their retirement income dwindle
because Of initiation, and went
on:
"A real public demand exist.
for an annuity which has q
reasonable chance of reflectine
changes in the purchasing power
Of the dollar"
Support for the SEC came
from John H. Dorsey. counse
for the National Association Of
Securities Dealers. The associa.
ton has interviewed formally ir
the case.
I'VE welcome these companie:
into our business" he said. But
when they do come into the bust.
ness they should be subject t.
the same ground rules and regu.
lations that apply to those al
ready in it,"
The District Of Columbia i,
one Of the few areas in which
insurance companies may offel
contracts.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
ST GAZING
By FRANCIS P. DOUGLAS

InStallment Credit SOunder-
The American public has about
recovered from its installment
credit hinge of 1855. There is no
doubt consumer credit is on a
sounder basis, possibly favorable
to expansion. But there is no
indication at this time that
buyers are going of on another
toOt.
This does not mean that the
total amount of credit outstand-
ing is dropping. With population
increasing. incomes high. prices
rising and cars and appliances
wearing out. short of a buyers
strike total credit increases. But
the rate Of increase has slowed
down.
In the first four months Of this
year total consumer credit out
standing was 7.6 per cent above
that for the similar period of last
year. But the four month period
OF last year showed an increase
OF ID per cent over the year be-
for. Increases in installment
credit. which is part Of total con-
Sumer credit. similarly showed a
drop to Z per cent from 81 per
cent.
New Loans Up-Totals of in
stallment credit extended for the
first four months of this year
reached an aggregate Of Sl2.9
billion. This meant an increase of
3.8 per cent from the figures for
the first four months Of 1886
The 1856 period. in turn, was SO
higher than that Of 1855, which
was a whopping q per cent over
the 1854 period.
In the first four months of
this year repayments Of INSTALL
ment loans have run slightly
ahead Of new borrowings. Re-
payments. also. were IA ahead
oL the total Tor the January
April. 1856. period. which was IL
per cent ahead Of 1855.
When it comes to installment
borrowing for automobile pur-
lchases the slow down in expan-
sion is more striking. The totals
for the first four months showed
an increase Of 3 per cent over
those for the first four month:
Of 1856. The 1856 period showed
the same gain over 1855. But
the 1855 period total was ~ per
cent above that Of 1854.
Auto Loans Lag
In February and March the
totals Of new auto installment
loans were below-although only
slightly-the figures for Febru-
: AIRY and March, 1856.
The auto installment figures
reflect the disappointment of the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
BY the Associated Press

The Government yesterday
attacked in Federal Court two
Washington life insurance COM
panies which sell supposedly
"infiation-proof" annuity con-
tracts. =
The variable annuities". case,
which has split the insurance
industry and alarmed the in
vestment fraternity, went to
trial before United States District
Judge Robert Wilkin. The trial
may last three to six weeks.
The Securities and Exchange
Commission. which filed the suit,
asked Judge Wilkin to injoin
the Variable Annuity Life In
Surance Co. and a sister firm
from selling their policies in
alleged violation in the Securities
Act Of 1888 and the Investment
Company Act Of 1910.
Defense attorneys replied that
VALIC is Offering legitimate
annuity contracts and is immune
to Federal regulation.
The annuities, it was claimed,
differ from ordinary policies only
in that the policyholder will get
a retirement income geared to
the earnings of the company's
investments. rather than a dollar
amount fixed in advance.
Myer Feldman. SEC counsel,
told the court that VALIC ac-
tually is selling securities, not
insurance policies. The company
should be brought under SEC
regulation. he said, to provide
its policyholders with the same
protection given other investors.
Replying for VALIC, Attorney
James M. Earnest said the COM
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
CHICAGOLIVESTOCK

CHICAGO. June IL Up CUsDA.-
Salable hogs 1900: fairly active and
steady on most butchers: closed slow
20 or more lower on a few lots mostly
INSTANCES strong; fair shipping demand;
2-3 10O-225 ID. 20.OO-20. 40: 4 few
220-225 h. late down 10 1885: sew
ersl lots mostly 1-2 2OO-22O ID. $500
20.75. 50 head lot mostly / 2iO ID. At
q 90: most 20 s30:s5O ID. I9.5O-s0. 90:
2o5 $50 ID. l9;00-1e so: a few 3 $50
Grade, 359.4.S ID. soTs is.25-I7.s5;
bulk 425-55O ID. 15.OO-1625
Salaels cattle 9.00O:- calves 200;
good 70 average choice over 1000 10
showing most weakness heifers mostly
steady but choice heavy htifers slow.
COW bulls and yealers steady; stockers
low prime steers 26OO-ge5C: load Of
prime heavy steers still unsold; hieh
bulk choice steers 3.OO-24 rs. good
and low choice 81 .O0-23. 90; several
loads high choice and low prime heifers
q .OO.24 25; high GOOD and choice he'll
fers 22.Q0-23. 75: utility and commercial
cows 14.50-16.SO,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11

Board Chairman Melvin H
Baker of National Gypsum Co
IN an address before the New
York society of Security Ana.
lysts.
If this trend continues, home
starts should get back to some
thing more than a million next
year" he said.
Among the major factors that
will determine the market fol-
new homes in the future. Mr.
Baker listed:
l. Pent-up demand (for hous-
tng) is growing and it cannot
be satisfied by the present rate
Of home building.
: 2. The birth rate of about 4
million per year is creating
cramped quarters for young
couples who live in small houses
and this is causing a pressing
need for new homes.
8. A fairly high level Of family
formations is indicated until the
1865. when a substantial up
turn can be expected.
4. There will be need to re-
place an estimated 100000
homes each year. expected to be
demolished for roadways, urban
'redevelopment and to replace
those destroyed by natural
causes.
S. A larger number of over
bge structures are wearing out
or becoming obsolete.
8. There is a growing trend to
Get out of the crowded city by
Nlilding home in the suburbs.
6 2. Demand continues to grow
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
'3 n BUSINESS
Baker Forecasts Upturn
In Home Starts Next Year
BY DONALD B. HADLEY

Tight will Keep housing to around 600 600
units this but the total should climb back to more than
million next leader in the building industry predicted
today.
Money for home mortgages is easing Bit the vacancy
rate low and the number families keeps rising declared
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11

consistently have run ahead Of
totals Of repayments, indicating
increased reliance on this form
of borrowing as well as fairly
llong.term credit.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
Suburban Trust Declares
Quarterly Dividend

Directors of Suburban Trust
Co. have declared q regular
quarterly dividend Of 37la cents
a share. it was announced by
T. Howard Duckett. chairman Of
the board and executive COM
mittee.
Representing an aggregate of
SIS, 900, the dividend continues
an annual rate of $3.50 a share
or is per cent. It will be paid
June 20 TO holders of record at
the close June 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
Patent and Trademark
Conference To Omen

First public conference OF the
Patent. Trademark and Copy
right Foundation Of George
Washington University will be
held at the Shoreham Hotel
Thursday and Friday.
President Cloyd H. Marvin OF
the university will address the
first session and an impressive
list Of experts will be heard.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11

for more public, commercial and
industrial buildings necessary to
properly accommodate the rapid
increase in our population.
8. Continued growth in our
economy will cause full-time
Jobs at high wages, and conse-
quently, provide prospects for
savings by the American people
Kaiser Industries Stock
Marketed at $15.75 a Share
First Boston Corp, Dean Wit
ter g. Co. and Carl M. Loeb.
Rhoades 81 Co. were joint man.
ayers Of a group that placed
900, 900 shares of Kaiser Indus
tries Corp. common stock on the
market today at $l5.75 a share.
Proceeds of the sale will be
received by selling stockholders.
Some $4,000 of the total came
from Kaiser interests and the
remainder were from stockhold-
IerS of J. A. McEachron Invest
ment Co. which was merged
with Kaiser Industries in Nav
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
MUTUAL FUNDS

NEW YORK. June IL UPl.-National
Association Securities Dealers, Inc.
Moon QuotationsD
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
Women Accountants TO
Install New Officers

The District Of Columbia
Chapter Of the American Society
OF Women Accountants will in
stall new officers for the coming
year at meeting starting at $3.50
pm. tomorrow at the AmbaSsa-
dor Hotel.
These officers will be installed /:
president. Leatrice j. Harpster:
first vice president, Beulah p,
Brewer; second vice president,
jeanette M. Forester; secretary,
Mary c. Bolts; treasurer. Ethel
Click. and directors. Mary A.
McGrade and Charlotte M. Agee.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
Cost Accountant
Directors Assigned

President Allan D. Henry of
the Washington Chapter of the
National Association of Cost Ac-
countants announced these di-
rectors' assignments for the
coming year:
Education. william G. Barbee
Department of the Air Force
meetings. Paula M. Barkstedt OF
Mills, Petticord and Mills; pro-
gram, William B. Cochrane OF
Judd a. Detweiler. Inc: employ
ment. Henry E. Eby, Southern
Oxygen Co.: membership, Cliff
ton c. Garvin, Safeway Stores;
special activities. Narland K
Heuman. Alexandria Housing
Authority; publications. Frank S
Howell, Department of the All
Force; publicity, Winson Jones
Alexander Grant g. Co. anC
member attendance, Kenneth B
Smith. Traffic Commission.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
ANo WILL GO
on GROWING

You can find it in these two charts.
The fundamental reason why we believe
in our business.
The fundamental reason why time and
again this firm has said that lot more
people should own common stocks.
Not everybody, Of course. Not by any
means.
Risk is an inevitable part Of any invest.
ment - and that's something else we've
said time and again, too.
As matter Of fact, we never want any.
body coming to US with money they need
for living expenses, insurance, or fund
for emergencies. These calls ON your in.
come must always come first.
BY the same token though, we can't think
Of any better place to put your extra
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11

dollars than common stocks.
Particularly when you consider the
steady growth of American business -.
Particularly when you look at the
long-range decline in the purchasing
power of a dollar - and remember
that the long.term rise in stock prices,
disregarding temporary fluctuations,
more than offsets that decline.
If you think you should explore the pos.
sibilities Of starting sensible investment
program of your own at this time i. :.
would like to discuss in detail the
risks and rewards involved - or want
thoroughly objective answers to any ques.
tons you have about stocks or bonds So
all the help or guidance we can give you
is yours for the asking.
This week. Next week. Every week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
IRON FIREMAN.
SAe1:~ HEATING
gives any temperature
you wont in each room

Here's revolutionary Iron Fireman develop
ment In heating for buildings and honest It's
so simple, so practical, and brings such a new
standard In indoor comfort, that many ask,
why didn't someone invent SeectTemp years
lago?" SelecTemp accomplishes what heating
engineers for years have tried to do It provides
a sensitive, dependable system of temperature
control for each room. plus greater comfort and
economy than any other heating system
known.
thsvmostot in every room,
plus many other odvontoses
Modulated heat. Both temperature and air
volume automatically modulated to offset
heat losses and gains.
For modernization and new construction.
Small copper tubing, corrosion resistant and
with long life, carries steam to individual
anywhere desired.
Low fuel costs. Temperature easily reduced In
unused rooms overheating eliminated. Fuels:
ges, oil, coal, or district steam.
Lower power costs Low pressure steam pro-
lvides heat and also operates circulating fans
Nom electric thermostats No wiring.
Filtered circulated air. Replaceable filter In
each room unit.
Automatically balanced. System automatically
compensates In each room, for changes in out
door temperature, sun or fireplace heat.
For every size end type Of building -
Hotels, Motels, Schools, Churches, Office
/ HospieoIs. ldeal both for new eonssSueSior
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-11
A thsvmostet in every room.
plus many other edvontoses

For every size and type OF building Apartment Houses
Hotels Notes. Schools, Churches. Office Buildings Institutes
Hospts ldee both construction end rodesniuosien