davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-13
FOREIGN EXCHANGE

NEW YORK. June ~ N 49, Forrigr
exchange rates follow Great Britain II
dollars other in cents unbalanced unles.
otherwise noted
market IA per cent premium Ol
100 - ? United States cents
Europe Great Britain fpoundl
.5saiI3e =" OF i'I3e '' a0.dsy In ntares
- ~ ~ on /32 gO-day futures
i2.1s % of ~: Belgium IfrsncI
Hs4a France france 2sss Of a cent
% 50; Holland 'Rullderl. a6fl. OH Oi
Italy 0iTal, 1914 OF q cent Portuga
tescudOl 3 so; Sweden tkronal, 1885
Switzerland franc Qreet. 2334: Den.
marx fkrOnei "a 50
Latin America Argentina tree :" SIS
Brazil tfreel ! 40 Mexico. sol Vene.
zuela bolivar 80 %
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-13

each month may no Longer
afford the strength and safety
you demand for your bank"
1t is quite evident that auto.
mobile production this year vii
not exceed that of last year." TIT
speaker added. Employment il
manufacturing industries ha.
declined, home starts are sub.
Stantially down and there is 6
tendency for heavy construction
to decrease he said.
Increases in gross nationa
product and diSposable income
in the first quarter of 1857 have
been almost entirely the direct
result of higher prices and higher
wages. rather than any real in
crease in business activity, he
said.
Modest Earnings Seen
Far from the exorbitant earn.
ingS the uniformed public be.
lieves. the bankers of Washing.
ton and those of the Nation have
more modest earnings than un.
der the prior administration de-
clared Gaylord Freeman, jr., vice
president Of the First Nationa
Bank of Chicago. who is serving
currently as a consultant to the
Secretary Of the Treasury.
Urging the Washington bank
erS to do a better job of &C
quainting the public with bank
ing. Mr.. Freeman said banks
have far more modest earnings
than the rest of American bust
ness.
Capital accounts of Washing
ton banks amount to IL per cent
of total liabilities and 1873 per
cent of risk assets. compared with
national averages OF IA per cent
and l4.7 per cent. respectively
he reported. Dividends of Wash
ington banks are Al per cent OF
the book value of their shares
compared with 4 per cent for all
insured commercial banks, he
said.
ALB Helps Nearly 1000
Washington Chapter. Ameri-
can Institute of Banking. helped
to train nearly 1000 men and
women during the last year. re-
ported William r. Reading. who
recently completed a term as
chapter president.
The educational organization
which Is supported strongly by
the bankers. had 256 in special
training courses. 629 i'm regular
courses and provided correspond
ent courses for l8 students. Mr..
Reading said.
Mr.. Reading, who is assistant
treasurer of Suburban Trust Co
thanked the bankers for their
support of ALB activities and
praised the work of Clayton E.
Doing. assistant treasurer of
American Security. who was in
charge of the educational pro-
gram in the last year and re-
Gently was elected chapter presi-
dent.
AT the close of the session. Mr.
Callahan announced the ap-
polntment of Francis G.. Addison
Ir.. as chairman of the nominat-
ing committee and Thomas j
Groom as chairman of the Res
olutions Committee. The former
is president of Security Bank
and the latter is president of
the Bank of Commerce.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-13
General Services Life
Elect Thompson President

1t. Col. Carl thompson was
chosen president of Genera
Services Life Insurance Co., 91(
Seventeenth street NV. at the
second annual meeting held al
the Mayflower Hotel. Other Of
ficers chosen we're:
Brig. Gen. Merritt B. Curtis
vice president and treasurer
Lucien H. MERCER. vice presi-
dent and general counsel; Rear
Admiral Don S. Knowlton. medi-
cal director; Nathan A. Clark
secretary; Francis j. Halliday
assistant secretary and chief
underwater: John Bolton. super
intendent of agents and Robert
L. Startling. assistant treasurer
These members of the board
were reelected: Col. Thompson,
Gen. Curtis: Mr.. MERCER. Ad-
miral Knowlton, Col. Robert F
Cocklin. Brig. Gen. Ray A.
Dunn. Col. Fred M. Glass. Col
Thomas H. King. 1t. Gen. Will
lard S. Paul and Col. William E
Schooley.
General Precision Equipment
Corp. and the Washington rep
resentatives of these subsidiaries,
General Precision Laboratory
Inc. Kearfott Co. Inc. Libra
scope. Inc. and Link Aviation,
Inc. announce consolidation OF
their Offices in Suite GIL of The
Wyatt Building, TIT Fourteenth
street NV.
The Lincoln Service Corp. in
dustrial banking, Woodward
Building. Fifteenth and H streets
NV. said today it's board de-
clared these dividends: On
$3.50 preferred. 37la cents and
on common IS cents. These will
be paid September IL to stock
holders of record August 26.
Thornton w. Burnet. vice presi-
dent -secretary asserted.
The District Association of
Insurance Agents will hold its
annual outing tomorrow at the
Manor Country Club. A golf
tournament and buffet banquet
will be highlights on the pro-
gram.
The Thomson Paint Stores.
Inc. subsidiary Of the Thomson
Porcelite Paint Co.. Philadelphia.
announced opening of a second
store here at 220l -03 Wisconsin
avenue NV. in the Mount Alto
shopping center today. The pro-
gram called for 1t. Col. Robert
E. Mathe. assistant engineer
commissioner. to cut a ribbon at
noon. One section of the store
is devoted to an art department
with artists supplies. Thomas
Morris is district manager in
charge Of the new store.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-13
Plan 10 Enlarge
.PEPCO Stock
Plan Is Filed
BY WILLIAM A. MILLEN

AdplCdl RESERVE CORP, 1880
Connecticut avenue, NV, has
filed with the Securities & Ex-
change Commission a request
for registration of an additional
81 million in Potomac Plans for
the systematic accumulation of
common stock of the Potomac
Electric Power Co. by investors
Charles r. Connolly, president
of Capital Reserve, said today
this is preparatory to producing
a new prospectus. He said the
total number of planned invest
ment detectives sold in the pro-
gram since his company was
formed in August 1850 is $4,121,-
200. OF this, $1,377 900 has been
paid in to date. Under the plan,
the purchaser buys a fixed money
amount of PEPCO stock over
five years. through monthly pay
mentS.
98,547 Shares Purchased
He said the number of shares
purchased by plan holders since
the beginning is 98,547. including
l1,152 bought for them with
their dividend income. Dividends
are ploughed back to buy addi-
tional stock under the plan.
Mr.. Connolly said $2l9,542 in
dividends have been reinvested
IN stock purchases under the
program.
There are more than 1900
participants in the plan, mostly
in the Washington area. But MIR.
Connolly pointed out that many
members of the armed forces.
stationed in such places as Leb-
anon, Israel, Paris. Panama and
Japan. are participating in it.
The trust department of the
National Bank of Washington
receives payments from the pub
lie under the plan and gives the
plan holder due notice, serves as
custodian for the stock and does
the receipting. accounting and
purchasing required. Bee auSe|
there are new purchasers under
the plan-each with his own FIVE
year perlod-it is a continuing
one, Mr.. Connolly explained.
Cites Benefits
Mr. Connolly said participants
have benefited not only through
relnvestment of dividends. but
also from the market rise in the
stock over the past few years. He
said his company is now seeking
authority for an additional 81
million in investment detectives.
He said the plan was a new
idea. but that the public has
taken to it very we'll and it has
worked out as he anticipated. He
recalled that when the Potomac
Electric Power Co. came out
from under the North American
Co. in l947, he thought it would
be an excellent thing for the
Washington public to buy into
its own power company. So. to
make the stock available to the
masses. he set up this plan.
A native of Boston. Mr. Con-
molly attended the United States
Military Academy at West Point,
studied law at Georgetown Uni
verSity. worked for the firm of
McKnew. Fairfax a. Co., invest
ment brokers here. was a lieu
tenant colonel in World War II
aiding in pushing the war bond
program. After the war. ne was
engaged in public relations work.
before launching the Capital
Reserve Corp.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-13
'' RI s',BuszNEss
CopitoI Outlook Is Good,
ColIohon Tells Bankers
BY DONALD B. HADLEY
Financial Editor of The Starl

WHITE SULPHUR SPRINGS W. Va. June 13.-Busness
activity in the Washington Metropolitan Area continues
levels and deposits and loans of banks
peaks in the last reported Daniel j. Callahan president
OF the District Bankers Association at the opening the
tons seth annual convention here today
Mr. Callahan said the banks confident ability
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19

The next Low in the News column will
oppeor Sunday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19
BY PHIL YEAGER and
JOHN STARK


Husbands who may be consid-
ering leaving their wives, and
wives who entertain the same
thought, would do we'll to study
their financial situation care
fully.
Making financial arrangements
is often the stickiest part Of
marital breakups. 1t is some.
thing to which divorce courts
devote a good deal of time and
thought. Moreover, there is nc
sure rule on which the contest
ing parties can depend for pre-
dieting the outcome.
Courts today usually consider
the total family picture. They
require all facts be placed before
them, including all the income
property, investments, etc., OF
both husband and wife. Equally
important, they are likely to con-
slider the earning potential OF
both.
Landa Case Is Example
A well-publicized District OF
Columbia case along this line
was the recent separate mainte-
nance suit filed by Consuelo
Morgan Landa against her hus-
band. wealthy attorney Alfons B
Landa. Mrs. Landa asked for a
court-directed amount of $4,000
month in lieu of the $1,000 a
month which her husband now
provides voluntarily. She said
Mr.. Landa could easily afford the
increase and that the amount
was necessary so she could con-
tinue to live in the manner to
which she was accustomed by
years in international society.
Her husband contended he was
required to provide her only a
reasonable amount, enough to
keep her from becoming a public
charge; he said there was no
that his wife should
be maintained in "a perpetual
state of Incidence"
Mrs. Landa lost her case when
the judge decided that as long
as her husband maintained her
in reasonable fashion, what he
did with the rest of his money
was his business.
View Is Shifting
Many courts take the position
that a wife should get enough to
permit the same social standards
and level of living which she en-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19
How to
STOP KILLING
YOURSELF
A Word for Constipation Sufferers
By DR.. PETER J sTElNcRoHN

Dear DR.. Steincrohn: / read
your interesting column every
day and I have benefited from it
May write few words on the
Subject Of constipation, hoping
that some of your worried read
ers may benefit?
II was brought up to believe
that if one did not have a bowel
movement every day one was
constipated. When I missed a
day l took a laxative. And SC
it went for years.
when I married 10 years age
my husband and I lived on a
34-foot fishing boat from then
until he died three years ago
The toilet facilities aboard a
boat that size are quite often
the crudest. I missed three and
four days at a time, once seven
days. but l didn't feel badly and
my appetite continued to be ex-
cellent. When I missed nine days
and still continued to eat three
big meals day. I was worried
Finally, went to q doctor in q
small town.
HE told me just what you
told Mrs. G.. r. in your recent
column. He asked what I con-
sidered being constipated. I told
him. He said some people had
a bowel movement every day.
some every four days. yet all
we're perfectly normal, healthy
persons.
We'll, after being told my con-
dition was normal I crossed that
worry off my list, changed my
diet slightly and went on with
the business Of helping my hus-
band fish. Every day in our bust
ness was different so there never
could be a set time for meals or
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19
FAMOUS FABLES
By E. E. EDGAR

BUSINESS: When comedi-
ennes Fanny Brice made her first
appearance with the Ziegfeld
Follies in 1910. she was a sensa-
tional success. Overnight, this
girl Of 10 from humble surround
ings became the toast of New
York.
The cream of society threw
open its doors to her. Fanny
didn't know a blue blood from
a blue plate. but she wasn't
faxed by this social whirl.
At one swank party, she was
seated next to millionaire
Charles M. Schwab. president of
the Bethlehem Steel Corp
Somewhere between the turtle
soup and the filet mignon, Mr.
Schwab leaned over and whis-
pered to her:
Save your money, young
lady, and buy Bethlehem Steel"
When Fanny returned home,
she found her mother waiting
up for her.
so how was it, Fanny?" asked
mama. How did it feel to hob
mob with the swells?"
They're just like you and me,
mama, only they dress better"
said Fanny.
She told her mother what Mr..
Schwab had said to her:
Can you imagine, mama" she
said, "a rich guy like that has to
peddle his goods at the dinner
table,"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19

habits. I never took another lax.
alive, and I never had any more
trouble.
MY bowel movements vary
from week to week but / fee
fine. What more can I say? Ex-
cept why go to doctor if you
are prepared not to believe q
word he says?
After / lost my husband sud-
denly, everything went wrong
4 had no money. no clothes
(only heavy wooden Stacks which
I had worn aboard the boat, and
ashore, because we lived in
Alaska. But l had heaps OF
debts. / found temporary low
paying jobs. Finally 1 lost my
boat and then my health. A
year ago hit bottom, but about
that time I landed a good-payine
job. So I went to a doctor.
With a few medicines, and
"a sympathetic understanding
and a talking to from time tc
time. ! now have good health
and a happy outlook on life. I'm
free of debt and-well, here are
the doctors own words: You
are the most normally adjusted
patient I have I am 43 years
old, and have no children fol-
comfort. ! am quite alone. All
the credit goes to my doctor
He gave me the will to 60 on
helped me back to good health
and steered me mentally into a
happy outlook on life and the
future. Mrs. E. G. c."
Answer: Thank you for your
letter. Mrs. E. G. c. 1t serves a
.twofold purpose. l know it will
help many so-called "constipa-
ton sufferers" But your letter is
also a "biography-in- brief" Any
diSgruntled and disheartened
READERS who read between the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19

he dates Wendy. he should
change girls. If he likes Wendy
so much that he does not want
to make a change, he ought to
grin and bear minor inconven-
fences. like parents.
Wendy should. however, look
into her own attitude toward her
parents. In some way, she is
quite understanding-in others
she is not. She is exceptionally
condescending toward them. She
finds them annoying" and some
times feels like screaming, but
she is willing to put up with it.
because she will soon be free OF
them.
In short. Wendy treats her
parents like children who need
to be appeased. but whose under
lying attitudes need not be taken
seriously. Evidently her parents
do not realize this because on
the surface Wendy is very we'll
behaved and loyal.
For her own sake, and for her
parents, Wendy ought to do
them the honor of thinking OF
them as her equals. If she does
not like certain things they say,
or their attitudes on particular
subjects, she should tell them so.
1t can be done without scream
ing and it will not hurt their
feelings. as she believes.
If Wendy tells her parents how
she feels. they may possible re-
wise their behavior and become
less annoying. or they may give
Wendy their reasons for acting
as they do. Wendy may find
their reasons so convincing that
she will no longer be annoyed
Wendy should give her parents
the chance to understand about
teen-agers.
Copyright 1857. General Features Corp }
Tomorrow: Mon feels woman he loves
is tickle.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19
THE DETAILS

Bernard CT am an 18-year-
old high school senior and / have
been going steady with a IT.
year-old girl for the past year.
We have great times together,
but it is all spoiled by her par
ents.
Whenever we go out, Wendy's
parents make all kinds of stipu-
lations about where we are to
go. how We are to get there, what
time We are to leave the dance
and when we are to arrive at the
restaurant for a bite. That
should take about an hour, they
say, and then We should be home
within is minutes. / don't mind
having Wendy home by a par
ticular time, but hate all these
stipulations
Then when we come home,
Wendy's mother or father is up
waiting. Sometimes they have
fixed some sandwiches or a hot
drink for us. It's very nice of
them, but we could do it our
selves. I think they should trust
us and Wendy should tell them
so.
Wendy P.-I know my parents
are annoying. but I feel that l
should put up with it while
am at home. I don't want to
hurt their feelings. Pretty soon
I'll be going to college and then
I'll be on my own.
I understand how Bernard
feels because sometimes when
they start all that planning
feel like Just screaming. but if
I can take it. I don't see why
he can't. I don't think it's very
nice of him to complain to me
about my parents.
The reason my parents treat
me the way they do is because
/ am an only daughter. I have
two younger brothers. but they
don't go out yet, SO my parents
don't understand about teen
ayers and how they like to be
treated. My parents are very
good to me and I don't feel 1
have any right to complain about
a few minor things.
The Councils View
Wendy is right that it was
not very nice" of Bernard to
complain to her about her par
ents. If Bernard does not like
the setup he encounters when
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19

imposed by the government as temporary
emergency measures during World War II,
to raise money for war and to discourage the
use of overburdened public transportation
facilities. Yet they are still with us, costing
consumers hundreds of millions of dollars
annually and bearing most heavily on those
least able to afford them.
We urge in the public interest that sincere
consideration be given noO to the repeal of
these unfair and discriminatory temporary"
taxes that arbitrarily penalize the users of our
service, act as drag on the flow of business
and ultimately initiate the price of almost
everything you buy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19
Dance at AnnonduIe

A square dance, along with a
fiddler's contest. prizes and all
the trimmings, will be held at
8 pm. tomorrow in the Fire
House at Annandale. Va. Thomas
Dillon, who fiddles, calls and
dances at the same time, will
be present.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19
LAW IN THE NEWS
New Trend Apparent
In Setting AIimony

joyed during marriage, providing
the achievement of this does not
drag down the husbands stand
ard of living. Many others, how
ever. are moving toward the view
that the greater income-produc-
ing opportunities for women in
today's world must be consid-
cred. For this and other reasons
they are less liberal in setting
allmony or separate maintenance
than in former years.
While the large sums involved
in the Landa case take it out
lof the ordinary, still the judg-
ment of the court seems to be
In line with this latter-day trend.
anyway you look at it, it's
risky. The courts have wide lati-
tude in deciding such cases. and
a judges own views are bound
to have a broad effect on the
outcome.
The next Low in the News column will
appear Sunday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19
THE FAMILY COUNCIL
GirI-Friend's Parents
Are Irksome to Youth
THE PROBLEM
THE PROBLEM
BERNAD G.-Wendy's parents spoil everything.
WENDY P.-I feel that should put up with it,

The Fomily Council consists OF q
Judge, o psyehiotrist. three clergy
men. newspaper editor. women's
editor and two writer's. Eoeh article
is o summary OF on oetuoI eose his
tory, The council reports on problems
thot hove been deoIt with by respon-
sible agencies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19

lines Of your letter will no doubt
get an uplift from your courage
and spirit.
To me. the human beings
courage to fight on under all
sorts of difficulties, is his most
admirable trait.
released by The Bell Syndicate. Inc. }
Tomorrow: What to do for othIete'.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-19

NOT You-but chances are you paid for it!
For this is the freight excise "tax bite" that
comes out of practically everything you buy,
long before you buyit. Here's what happens.
Every shipper who uses public for-hire
transportation, right down the line from
original producer to ultimate consumer, must
pay tax on the freight charges. Naturally,
each one normally tries to pass it on" to the
next fellow. This works fine until it gets to
you, the consumer You can't pass the taxes
on. So you foot the bill in higher prices for
what you buy.
This tax on freight charges and it's
companion tax on passenger fares were
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-09
Cdptdin and Mrs. lobe
Give Buffet Fete

Navy Capt. and Mrs.
Eugene v. Jobe were TO be
hosts tonight at q buffet
supper at $50 O'Clock in the
Ofncers' Club Of the National
Naval Medical Center in Be-
thesda. The company Is to
include mostly ofiicers in
the Navy medical circles.
Mrs. George B. Hin gave
q birthday party this week
for Mrs. Thomas B. Haley.
whose anniversary 1t is. Navy
Capt. Haley shared honors
with bis wife at the fete.
The event was the occasion
for the showing Of one Of
Mrs. Haley's birthday pres
ents. q pastel Of their daugh-
ters, Nancy and Betty done
by the famous artist. Alberto
Duce.
Capt. and Mrs. Haley re-
Gently returned from an ex-
tended tour Of Europe.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-09
.Young,OId
Are Worse
Drivers

Continued From Page B-7
project that safety-minded
organizations should concen-
trate on.
3. The long-range solu-
ton TO many Of the current
trafiic woes is proper driver
training for the upcoming
generation The women were
divided on whether this could
best be provided by teachers
In the schools or by a parent.
Several thought newspaper
publicity on those whose liz
censes had been revoked
would be valuable.
you won't find q person
driving without a license II
everyone In town knows he
has lost his license" said
Mrs. Philip Dowdell, national
chairman Of transportation
OF the National OAR.
The panel was divided on
the question Of unmarked
police cars and on the wis
dom Of falling those who
drive after their license has
been revoked.
Daniel Burkhardt Of Balti-
more. q Maryland Commits
sioner Of Trafiic Safety, who
was in the audience, sug-
gested that many OF the vex-
ing jurisdictional problems
between the District. Mary
land and Virginia could be
solved II q policeman In one
jurisdiction could give a
ticket to q trafiic violator
from another jurisdiction. II
the latter would sign a
waiver of extradition."
The problem ct present, he
said. is that q District police
man. for example. cannot
give q ticket TO an out-of-
District violator without
taking him into the police
station. hence taking the
policeman out Of circulation
for an hour or two.
Members OF the women's
panel. IN addition TO Mrs.
Strope and Mrs. Dow
dell. were: Mrs. Jesse T.
Price. District Chairman Of
Safety for the Maryland
Federation of Women's
Clubs: Mrs. Charles w.
Pickens, Prince Georges
County Trafiic Safety Com
mittee: Mrs. Randall w.
Everett. IT.. secretary Of the
League Of Safety Education;
Mrs. Ralph Lockhart. chair
man Of the Greater Falls
Church Safety Council: and
Mrs. George w. Balm. presi-
dent Of the Diocesan Council
Of Catholic Women.