davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
Plans
.H,Power Study

NEW YORK. May 10 R.-
Private industry plans a $40 mil
lion research program aimed at
ultimately producing electric
power through Harvesting the
reaction Of the hydrogen atom.
The four-year program was
announced yesterday jointly BY
the Texas Atomic Energy Re-
search Foundation, a group OF
II utilities. and the General
Atomic Division Of General Dy.
namics Corp 1t will be carried
out at General Atomic's new
laboratory at San Diego. Calf.
Last April l, the Atomic En-
ergy Commission said a control
led thermonuclear reaction. the
scientific name, was mo longer
in the stage Of wishful thinking.
Many scientists believe that
direct conversion Of nuclear en-
ergy will eliminate the need fol
atomic energy electric plants
which call for conventional boil
ers. heat exchangers or genera
tors.
The foundations president Is
w. A. Parish. head Of Houston
Lighting a. Power Co.. one of the
utilities supporting the program
Mr.. Paris said: THE eventual
creation Of energy from control
led fusion would be most well
come, not only because of the
abundance Of its fuel. but be-
cause it does not involve the
problems associated with large
scale radioactive waste disposal. /"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

To Soil With
1000 Cars

SAvONA. Italy. May 10 R.-
"Italterra." the first Italian
garage-ship. will sail for the
United States with 1000 cars
tonight or early tomorrow.
A ceremony today marked
completion Of loading aboard the
7,l55-ton converted Liberty Shin.
The shipment is being made
by Fiat. Italy's biggest automo-
bile producer. II is the FIRST
such shipment by Fiat. 1t will
reach Los Angeles on June S. in
time for the big American sum.
mer season sales.
Half will be unloaded in Los
Angeles. the other half in San
Francisco.
The cars. bound with antiroll
hooks. are Of four types: The
60O-CC Berlina. the 6OO-CC
Multipla. the l,l00-CC Normal
and the l,100-CC modified sta
ton wagon.
Changes to suit the United
States market were made. They
include a speedometer in miles
instead Of kilometers, havir mud
guards. insid covers all in leather
instead Of cloth and artificial
leather.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
vetoCapfure
Pacific
Contro|Charged

ST. LOUIS. May 10 (P.-Man
agement Of the Missouri Pacifi,
Railroad charged today an in
surgent group headed by T. C
Davis Of New York "actually
seeks total control of the Mis-
souri, Pacif1s."
The present management anC
the opposition group are engaged
in a hot proxy battle for election
of directors &C a stockholder,
meeting here Tuesday.
Five directors are to be elected
to three-year terms on the Is
man board, and the Davis grouI
has put up a slate of four candi.
dates. If the insurgent grour
elects its directors, control of thu
railroad presumably could be al
stake when five more directors
are elected a year from now.
I'VE have said to you before
and we say again, that Mr.. Davis
who appeals to you for mere
representation on the board, &C.
tually seeks total control of the
Missouri Pacific" President P. j
Neff said in a letter to stock.
holders.
Would a man. who claims t.
have the interests of the prop.
Ierty at heart, make every effor,
to depreciate the officers of your
company If he only intended Il
obtain a watchdog position or
the board?"
Mr.. Davis. board chairman Of
the old debtor company durine
the lengthy period of Missouri
Pacific's reorganization, is re.
ported to have the ALLEGHENY
Corp. proxy for it's 1890 share.
Iof Class B stock in the proxy
battle.
Robert Y. Young. Allegheny
board chairman. won control Of
the New York Central in a spec.
tacular battle three years ago.
Mr.. Neff told stockholders Mr.
Davis has sought by hurting
random charges to create an
atmosphere Of confusion"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

urer of the National Automobile
Dealers Association.
He also has represented Ford
dealers of the Eastern Seabord
at annual meetings of the Ford
Dealer Council at Dearborn
Mich. for many years. He is &C.
tive in the Washington Board OF
Trade and has served that or.
ganization as a director.
He is chairman of the board
of trustees of Westminster Pres
byterian Church, a member OF
Petworth Masonic Lodge, Con.
gressional Country Club and the
Optimists Club.
He found his career selling
Fords and as one of his associate,
said last night. he even has
Ford in his middle name.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

for the Hecht Co., will tour sew
eral European countries IN .he
next few weeks to select imported
goods tor the company.
Ben F. Singer of Washington
was elected a director of the
Linen Supply Association OF
America at its annual convention
in Atlantic City. N. j.
Robert MeredinO startled VIC
tor Adding Machine Co. officials
here in his first two and a hall
weeks as a salesman by ranking
first among los competing COM
pany statesmen Of the eastern
region in April.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
J.M. Sanders Is Honored
On 40 Years With Firm

J. Melford Sanders, who
started a long career in the auto
mobile business at 16 years of
age on May 8, 1917, and has
been with the same firm ever
since, was honored yesterday on
the 40th anniversary of that
date.
Vice president and partner in
Hill and Sanders, he received
tributes Of his business asso-
ciates and friends in a surprise
party at the Burlington Hotel.
Mr.. Sanders learned fast at
old Business High School and
when there was need for a book
keeper at the Arm Of Hill and
Tibbitts. then less than a year
old, the young student received
clearance for graduation a
month early and went to work.
Then located at 1407 H street
NV, where Blackstone Florists
now have quarters, the firm
handled Fords from the start
and made an outstanding record
over a long period of years. It is
the Oldest Ford leadership in
this area.
William G. Hill, president and
one OF the founders, still is ac-
tive in the business. His first
partner, Russell Tibbitts, served
in the Navy Air Force in World
War ! and was lost at sea, but
his name was retained by the
firm until 1850. The firm then
became Hill and Sanders.
Mr.. Sanders rose rapidly in the
organization and has been vice
president since 1898. He is a
past president of the Automotive
Trade Association of the National
Capital area and a past treas
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
PEOPLE
BUSINESS

Newton I. Steers jr., and Merle
Thorpe jr.. president and board
chairman. respectively. of Atomic
Development Mutual Fund have
granted a $500 fellowship for
work in atomic physics at Yale
University for the third year in
a row Thomas E. Springer re-
ceived this years award.
David S. Wilson has been
named sales manager for the
Roosevelt Hotel, which was re-
opened recently after a SIS nil
lion remodeling.
Harry Weisman and Ir wins
Broner. merchandise managers
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
Hotel Corp.
Earnings Up;
Expansion Set

Hotel Corp. of America had
net income Of $500, 900 after
taxes in the first quarter Of 1857,
compared with 1897 900 in the
like 1856 period. it was an
nounced by Rear Admiral John
j. Bergen, board chairman, and
A. M. Sonnabend. president, at
the annual meeting yesterday.
They told stockholders the
company has signed leases on
proposed hotels for New Orleans,
Beverly Hills, Calf, and Lon
don.
Also they said that HCA hopes
to announce within a few Gays
acquisitions of leases on the Ken
more and Braemore Hotels in
Boston. No further details are
available at this time on any If
these acquisitions. they said be-
cause of the early and varying
stages Of the particular negotia-
tons.
They added that construction
OF at least one of the proposed
hoels should begin in 1857.
Lookin gahead this year. Mr..
Sonnabend said the Hotel Corp.
expects continued growth, ex-
pansion and improved earnings. i"
Consolidated operating reve.
nues TO rthe first quarter of this
year amounted to $15,34S, 900.
compared with $11.767 900, a
year ago.
This resulted in net income
before taxes of $572, 900. com.
pared with $4,000 a year
earlier.
1t was noted that The COM
pany's tax loss carryover will
expire in 1857 and therefore a
reserve Of $1,000 Is being set
aside from first-quarter earnings
for taxes. The company owns
the Mayflower Hotel here.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
Robert H. Lewis HOnored
For Dealer Promotion

Robert H. Lewis, advertising
director Of Washington Gas
Light Co.. received first prize
for the best printed material In
a dealer promotion at the ma
tional convention Of the Public
Utilities Advertising Association
in Cleveland yesterday.
The award-winning advertis-
ing was prepared by Kal, Enrich
g. Merrick.
Mr.. Lewis was elected regional
chairman for the association and
plans we're announced for the
next regional convention here
November 21-22.
Store Controllers 20 Hear
Credit Bureau Manager
John Althaus, general man.
ager and secretary Of the Retail
Credit Bureau, viii address the
National Capital Group Of Con-
trollers at a dinner meeting at
the Washington Hotel next
Tuesday. May IA.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
LittOn Industries Plans
Salt Lake City Plant
Connecticut Executive Gets
IBDSA Assignment Here


Litton Industries will build its
18th plant at Salt Lake City,
President Charles B. Thornton
announced today.
The new installation will man.
ufacture magnatrons, klystrons
and other electronic microwave
tubes. 1t will have go, 900 square
feet and employ around 600
persons.
With headquarters in Beverly
Hills, Calf, Litton Industries is
active in many electronics fields
including digital computers and
radar.
Its subsidiary, Litton Indus
tries of Maryland, Inc. at Col
lege Park. Md. is directed by DR.
Harvard H. Hull as vice president
and general manager.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
WOOdman Perine Heads
Vitro Engineering

Woodman Perine, who has been
director Of the Silver Spring
Vitro Laboratory, has been
elected president of Vitro En-
cheering Co. of New York, also
a subsidiary Of Vitro Corp. OF
America.
Vernon M. Setterholm will
succeed Mr.. Perine as director
of the Silver Surfing Laboratory
He has been with the laboratory
since 1913 and previously was
associate director.
The Silver Spring Laboratory
will occupy a new 50 million
plant at $4,000 Georgia avenue
in July. The new location will
replace 10 leased properties IN
Silver Spring. Name of the in
stallation will be changed To
Aspen Hill Laboratory. Around
400 persons are employed by
the laboratory.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
METAL QUOTATIONS

NEW YORK. MAY 10 OR-spot nm.
ferrous metal prices today: Copper 30.
81 cents q pound. Connecticut Valley
I'm gsN cents pound. New York
Eoreisn silver 81 - cents per troy ounce
44.O0-45.OO. Pittsburgh "ea's
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

sales were up IL per cent Will,
downtown Baltimore sales wer,
3 per cent lower.
Connecticut Executive Gets
BDSA Assignment Here
Robert H. Merrill, manager o.
materials at the General Electri,
Co. wire and cable department IL
Bridgeport. Conn.,, has been ap'
pointed director of the cope,
division Of the Business and De,
tense Services Administration
Department of Commerce.
He succeeds Jack Howard
Smith of Detroit, Mich, who i
returning to Wolverine Tube Di
vision of Calumet & Hecla., Inc
Investment Analysts
Headed by Ritenour
Otis H. Ritenour, vice presi.
dent of Washington Gas Ligh'
Co. was elected president of thu
Washington Society of Invest.
ment Analysts preceding a din,
lner at the Burlington Hotel las
night.
Formerly vice president of tn,
society. Mr.. Ritenour succeed!
Amerst E. Huson of the Securi.
ties and Exchange Commission
William F. johnson was elected
vice president and Frederick E
Howe was named treasurer
Florence O'Donoghue was re.
elected secretary.
Elected to the Executive Com.
mittee were James ]. Lynch, C
'Bayne Marbury and Thomas p
Trevett.
William D. Moran, assistant
regional administrator in New
York for the SEC, described
sucker lists used by high-pres.
sure securities statesmen solicit.
ing business by telephone from
five boiler rooms" which nave
been investigated by his agency
Wealthy widows and schoo
teachers were among favoritt
targets, he said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

mt AooO UotC. 1OWeVeT, Lley
were well behind their 5all-time
peak Of $545, 563. 900 last. January
Commercial and industrial
loans of $224.790, 900 were UP
$3,036,000 from a week earlier
and $8,766,000 higher than a
year ago. Real estate loans of
$l45,043.000 were down 500, 900
in the week. but $2,0l4,0O0 above
the like date last year.
Other loans, mostly consumer
loans. amounted to $14l,15&,0OO
on May l, up $1,279,000 from a
week earlier. but $il,695. 600 be-
hind a year earlier.
Investments of S463, 400. 900
were down $21 $4,000 in the
week and 1851 900 behind a>year
ago.
Demand deposits of $9iS.4l5.-
900 were down $7.753,00O in the
week. but remained $5s200, 900
ahead Of a year earlier. Time
deposits of $266. 332, 900 Were up
$688,000 in the week and So
Isl 900 ahead of q year ago.
Downtown Sales Tagging
in d. C. and Baltimore
The story of busy suburban
department stores more than
offsetting downtown sales de-
clines is common to both Wash
ington and Baltimore area S, the
Richmond bank also revea led.
In the week ended May A, de-
partment store sales in the
Washington Metropolitan area
were per cent above yeaf. ago,
although the downtown portion
Of the area total was l per- cent
behind a year earlier.
Similarly Baltimore area sales
for the week were II per cent
above a year ago although the
downtown portion of the area
total was per cent behind the
like 1856 week. In both cases,
sharp suburban gains made up
the difference.
Washington area sales for the
latest week were even with q
the preceding week while Balti-
more sales were 2 per cent ahead
Of the previous period.
In four weeks ended Mag 4.
Washington area sales we're IA
per cent above a year ago, but
downtown sales were only Z per
cent higher. For the year to date
area sales were up 3 per cent al
though downtown sales weTe on
4 per cent.
Baltimore area sales in the
four weeks were 20 per cent
above a year ago while the do wn-
town portion was up only 2 per
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
'1 RI BUSINESS
Bank Loans I Upward,
Deposits Investments Dip
BY DONALD r. HAnIEY

AFTER decline outstanding - WASH
lngton reserve member banks increased in the week
ended May and the highest February 90 report
from the Federal Reserve Bank of disclosed today
Loans May oaled $22 OOo compared with S5S oa4
600 week earlier and above on the
like date. However thew ga .-AS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

Washington nh 9th and ss NV Ma $4,000 our eth year
Langley Park. Nd New Hampshire Ave- and University Lane
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10
MUTUAL FUNDS

NEW YORK. May 10 tH.-Na tional
Association Securities Dealers. Ina.
fNnAm 0mak afansl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

rounded oven corn.
ers. exclusive rounded
oven corners make cleon-
ing cosy no corners fol-
food 10 lodge In.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

cent. For the year to date, area
sales were up IL per cent while
downtown Baltimore sales were
3 per cent lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

shop ON nm Insured
Revolving Budget plan
No down payment on established
credit. Up 10 ~ months 10 poy.
tpins small serpice CHARGE
rs Insured by the Prudential
Insurance Co. OF America
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-05-10

Thrifti-COOl Light.
crs. individual needle
type burner lighters use
only " fuel OF old type
pilot lights; light instantly
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25
u. S. Workers Praised
For Aid to Marketing

Harvey Kailin Of the censu,
Bureau for "Delineation Of
Central Business Districts and
the Measurement OF Changes
In Retail Store Sales"
DR.. Howard L. Sitter Of the
National Gamers Association
presided as chairman Of the
awards committee.
Honorable mention went to
Nelson A. Miller and Stanley
Kedzierski. both Of the Com
merce Department. for MAR
ket Analysis Tools - County
Business Patterns": to Ken
meth w. Meinken. Anthony 8
Rojko and Gordon A. King. ali
Of the Agriculture Department
for Measurement Of Substitu-
ton Demand from Time Series
Data - q Synthesis Of Three
Approaches" and to Harold D.
johnson and p. l.. Breakiron
Of the Agriculture Department
for Protecting Perishable
Foods During Transportation
BY Truck.
Some 80 persons attended
the luncheon.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25
Reports
Record Sales but
Lower Profits

NEW YORK. Oct. IS IN
Sylvania Electric Products Inc.
reported record sales but lower
profits for both the September
quarter and nine months as
compared with 1856.
Net income for nine months
ended September 30 declined to
S8.642.24O equal TO e2.37 q share
from Si1.544.570 or $500 q
share In the same period q
year ago. Sales rose TO $751;
8B3.741 compared with S240.-
i53.243 q year ago. adjusted TO
reflect acquisition Of Argus cam
eras with Sylvania.
Net for the third quarter
slipped to t3.853.57i or S1.O7 q
share from $4.l67.32i or el.l6
q share a year ago. Third
quarter sales advanced to $780,
36s.20s from $50. 702 $50 in the
1886 quarter.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25
CHICO LIVESTOCK

CHICAGO. Oct, rs ~. (usDAl -
IS @ 80 lover: most decline o.
ateIy active .. decline; good clear:
Of the TsceDits sold on shlDplng &C.
comprised bulk al. l6bO-16 70' with
ID III 50. a Few lots 81. 10000 pounds
lots. aOO-aeO pound most sorted
for grade i6.S6-I7 .00:s5 head LOT
is. go pound uniform In weiaht and
GRADE. ITO. butchers under 200 pound
scafce: larger lots mixed Grade. $50
$50 pound sows. I5eb-io.OO; with .
small volume. i-9. 300-525 pound 70
Salahls cattle 1000: calves zoe;
i.e4s Is 81 rs. II head i.3ss ID aT.00:
short load around 900 ID eood
yeafiings $500: standard 70 low good
steers n 90 % so: other classes about
steady IN 9 typical Friday cleanup
trade: standard 10 low choice heifeFs
rs 00-2t.00; Gamer and cutter cows
cows i2.7B-I8. 90: few utility and
choice veaiers ss ,60-2s 90. Individual
prime CALVES around 200 ID 1900;
standard down 10 400, q few culis
down 70 IL 90; stockers and feeders
nominally steady. Grand champion
load steer calves ct stocker ana feeder
sale sold 81 IS 90
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25

pauuou Mauueit CucVrOiet 10
cation at 1900 Nichols avenue
Sc. and q used-car location is
ct 2241 Nichols avenue Sc.
Ourisman Chevrolet Is relin-
gushing Its location at clio Il
street NE. For more than q
decade this S7-year-old Arm
held world leadership In Chew
rolet sales. It was founded by
the late Benjamin Ourisman.
well-known washington imam
cier and philanthropist. in 1870.
Mandell Ourisman and Flor
enx Ourisman said the merger
Of the two Arms is in line with
the moving trend Of Washing
ton population into the suburbs
and also follows q Nationwide
trend among auto dealers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25

Government workers were
commended for making a real
contribution to marketing and
the economic progress Of the
Nation in an address yesterday
by Glenn sanberg. executive
vice president Of the American
Society Of Association Execu-
tives.
Mr.. Sanberg spoke at q meet
ing Of the Washington chapter.
American Marketing Associa-
ton. at the Burlington Hotel.
at which four top awards were
made TO Government market
ing experts for their published
papers. The speaker said the
public ought to be aware Of
the unsung Government heroes
who help make the economy
succeed.
The four top awards went To-:
Edmond s. Harris Of the Agri-
culture Department for Some
Theoretical Aspects Of CLASH
fed Pricing In Fluid MIX Mar
kets":: TO Donald Z. Church Of
the Census Bureau for Trans
portation and Distribution Of
Products by the Canned Fruit
and Vegetable Industry; to w.
lie Roy Neubrech. Louis J. Par
adiso and Wallace H. Peterson.
all Of the Commerce Depart
ment. for Pulp. Paper and
Board Supply Demand" and to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25
FOREIGN ExcH'GE

NEW York. Oct rs W.--EoTeign
exehanae rates follow t0reat Britain
IN dollars others IN eentsl
Canadian dollar IN New YORK open
~. l Al, pe. cent Pre- premium nn az %
Ensope Great Britain tpoundl
Sc 10 81 fae. Oh Sf3a Of . cent; Great
britain. 3o-day futures sse Lag %
sss q ssnsj oFs. "a sFsa sa ooidAs
cent: Great Britain, so-aay futures
gfrancl p11s. unchansed; Francs
llraneI .Ssss 81 ! cent. UNCHANGED;
$3.50. Unbalanced. Holland gEuilderl
$40. W .ools Of cent: Italy .liral
lisa AZ . cent, unehanGeds Portugal
tssendol $50. unchaneed. Sweden
tkronal 1894. unbalanced. Switzerland
tfranel gfreei 1884, unehaneedi Dem
mark tkronel 1880. unehnnged.
latin America Arsentlna sfreei
2. 80. unchanged; Brazil tfrel -. un-
changed; Mexico sol UNCHANGED;
Venezuela lbolivafl 5000, unchanged.
Far East: Hong HONS tdollarl 1850,
unehaneed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25
FHLB Chiefs to Honor
Eisenhower and Hoover

The Conference Of Fedora
Home Loan Bank President,
will honor President Essen
hover and former President
Hoover when IL assemblies her,
next week for the 25th ami
versary Of the founding OF thu
Federal Home Loan Bank Sys-
tenn.
The conference composed oi
the heads Of the eleven Federal
Home Loan Banks will open 9
two-day meeting at the ofnce'
Of the Home Loan Bank Board
on Tuesday.
A special citation viii be
given President Eisenhower on
Wednesday and on the follow
ing day q committee from the
conference will meet Mr.,
Hoover in his hotel In New
York 70 present . medallion in
appreciation Of his foresight
in proposing the creation Of
the FHLB System.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25

MANAGEMENT Association re-
ported.
Sales for nine months this
year totaled Si51.s2S. 900. an
increase Of ~ per cent from
the same 1856 period.
Peoples Drug Declares
Quarterly Of 50 Cents
Directors Of Peoples Drug
Stores. Inc. today declared q
quarterly dividend Of so cents
q share, Treasurer H. J. Alt
house reported.
The dividend will be paid
December ~ to stockholders OF
record December 2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25
MUTUAL FUNDS

NEW YORK. Oct. rs R,--NatIonal
Association Securities Dealers. Inc.
Noon 0uotatiens)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25
New Aviation supply Firm
Set Up IN Arlington

A new American company,
Rotol. Inc. . subsidiary OF
Rotol. Ltd. Gloucester. Eng
land. has been set UP at 40o
Jefferson Davis highway. Ar
ington. Va.
This win provide service and
technical assistance to North
and South American airlines
and aircraft manufacturers us
ing the company's propellers.
landing gear and other avia-
ton products.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-10-25

vEPCO Earnings Hold
Wen Above 1856 Marks

Net income OF Virginia Elec-
trio A. Power Co. in September
was $2.lo5.OO0 or 1913 cents q
share. compared with 81 .s6s 600
or l2.4 cents q share in Sep
TENDER last year. the company
reported.
Net for IL months ended
September 80 was assam. 0OC
or Sl.46 q share. compared
with $20.603.000 or $l.36 q
share in the preceding II
months.