davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-28
Pineau Charges
U. 5. Reneged

PARIS, Mar. 20 (Pl.--Foreigr
Minister Christian Pineau con.
tends the United States renegec
on agreements it made with
France on withdrawal of Israel
forces from the GAIA Strip ano
Aqaba Gulf.
The agreements. Mr.. Pinear
told the National Assembly yes.
teroay, were made between hin
and Secretary of State Dulles ir
Washington last month.
They were. he reported. that
Israel might rightfully fight back
If its ships were attacked in the
gulf and that Egyptian admins
traitors should not be allowed
back in the GAIA Strip after the
Israeli withdrawal.
Notifications in L. n.
Both. Mr.. Pineau said, were
modified in the United States
statement of its position made
afterward in the United Ma
tons General Assembly.
AS a result. the foreign minis
ter stated. France no longer con-
SiderS Israel bound by the agree
ment reached with French aid
for the Israeli withdrawal from
the gulf coast area and the GAIA
Strip.
He added that France would
impose no penalties on Israel and
on the contrary. would support
Israeli counteraction if U. N.
Emergency Forces fail to prevent
Egyptian raids on Israeli soil.
Mr.. Pineau was defending poll
cies OF Premier Guy Mollet's gov
eminent at the end of a two
week parliament debate. Mr.. Mol
let asked the National Assembly
for a new vote of confidence on
his general policies-the SD
since he took Office IA months
age. The voting is scheduled for
tomorrow night.
Mr.. Mollet is expected to sur
vive as premier despite many
criticisms of his administration S
economic policies and its han
ding of the Algerian nationalist
rebellion.
Most Of Mr.. Pineau's speech on
foreign affairs was a review Of the
Washington talk he held with
Mr.. Dulles and Israeli Ambassa-
dor Abba Eban in February.
He said Israel agreed to its
withdrawal on the understand
ing that U. N. forces would ad-
minister the GAIA Strip. There
was then no question of U. N.
troops on Israeli soil as has been
proposed since.
1--WE proposed to recognize for
the Israeli government. in case
one Of its ships was the object
Of an attack during passage of
the straits (entering the Gulf
Of Aqaba), the right to apply
Article ST. Of the ~. M charter
concerning legitimate defense. :"
he said
He added: ANY military in
tervention Of Egypt would be
followed by an immediate, and
certainly effective, Israeli ri
poste."
Lodges Stand Cited
In the U. NJ. however, the for
eign minister continued. United
States Delegate Henry Cabot
Lodge said the United States
considers the gulf international
waters and in the absence Of
some overriding decision to the
contrary. as by the International
Court Of Justice, intends to ex-
ercise that right"
Mr.. Pineau told parliament
"the French government does
not intend that the solution to
the problem of Aqaba should be
subordinated to a judgment Of
the International Court at the
Hague. a judgment to which
there never was any allusion at
any moment in the course Of
the talks in Washington"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-28

Walter P. Mcfarland. In addi-
ton, notes of four individuals,
including Mr.. Mcfarland, total
ing $423.425 are to be given
McShain The construction COM
pany was given ownership of
stock in the land corporation
and in each of five subsidiary
corporations plus control and
management of the corporations.
Judge Tamm had held that
about 50 million in all was owed
to McShain by the apartment
owners covering final payments
for construction work. Arlington
Towers had commended the 50
million balance had been offset
by credits which it said should
have been allowed by McShain.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-28
McShoin Takes Control
Of Arlington Towers

The John McSha Construction today
OF the $l8 million Arlington Towers development
The control passed from the Arlington Towers Corp
under the terms of final order issued Judge Edward
A. Tamm in suit involving McShan the corporation
New directors of the corporation John
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-28

but he said, II do not concur in
the result insofar as the courts
opinion deals with the issue of
effective assistance of counsel. !"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
..W&L Sales Up,
Data Indicate
Lower Profit

Sales Of Woodward g. 10th
rop maintained a substantial
gain from a year ago in the
fiscal year ended August 8, but
unaudited preliminary figures
today indicated a decrease in
net earnings.
Sales for the 53-week year
rose to $60.875.512, an increase
of around II per cent from
$54,875,471 in the previous
fiscal year Of So weeks ended
July %. 1856, reported C. Rob-
ert McBrier, vice president.
finance.
On a preliminary basis. net
profit was listed at $1.797. 284.
compared with $1,974,257 In
the preceding year. but this
did not include yearend adj
iustments for reserves and did
not take into account final fig-
ures on inventories based on
LIFO indexes yet to be COM
puted.
Mr.. McBrier pointed out the
Seven Corners store was opened
in the latest fiscal period. Its
sales contributed to the higher
volume and heavy costs in
connection with its opening
had some effect on profits.
Another factor in the larger
volume was the fact that the
latest fiscal period had one
more week than the preceding
period. Moreover, the week
came at a season in which
profits are relatively low.
When many large stores in
the country adopted a 52-week
fiscal year it was recognized
that to keep up with peculi-
arities of the calendar year 1t
would be necessary to include
an extra week about every six
years. This latest period hap
pens to be the extra-week year.
Auditing Of the figures is
to be completed during or be-
fore october and they will APP
pear in the annual report to
stockholders.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
|PEpC0 Raises
Dividend Rate
Ito 30 Gents

Directors Of Potomac Elec-
trio Power Co. have increased
the quarterly dividend to 80
cents a common share from
271a cents paid previously. the
company announced late yes
terday.
The larger quarterly places
the common stock on an an
nual dividend basis of $l.20 a
share. compared with $l.10
paid in 1856. The company paid
Is cents a quarter or 81 a year
in 1855, 1854 and 1858. The
rate was IS cents in 1852.
Directors made no comment
in announcing the higher divi-
dend, but latest earnings state
ments show profits running
moderately above a year ago.
June net Of $761,7O0 COM
pared with 1856, TOO in June last
year. Earnings for IL months
ended June 80 were 1882. 700
VS.. $9,152.100 a year earlier.
The increased quarterly pay
ment will be made September
80 to stockholders of record
September 5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
CHFGO LIVESTOCK

CHICAGO. Aug. % Up (UsDA
Salable hogs 5000: moderately active.
closed active. butchers mostly 25 lower
CLOSED only steady to weak on a few
nunqred head; sows uneven; steady to
Neak: around 80 per cent Of the re-
eslpts sold on shipping account: early
100 ID very little over $50 ID; No.
, mostly 2-3 2O0-280 h. butchers
2O,5o-21 90; mainly 2O15-2l 90 on
3l0-275 ID: several lots No. - mostly
No. IL 2O0-220 ID. along few lots
} 22O-23O ID. II .00-2i .s5: head
lot No; ] ID. sorted for weight and
grade Il 30: few mixed grade lots 1s0-
1875 ID. 10. 25-20 so; larser lots mixed
grades 325-40O ID. sows lS75-2O 90:
few 300 ID. and lighters 2O25; most
425-525 ID. I7.5O-lS5O.
Salable cattle So. calves 100:
SLAUGHTER steers and heiiers steady in
cleanup trade, cows. bulls and yealers
steady; few lots good to average choice
slaughter steers - 00-2500; several
lots good to low choice heifers - .O0-
$50; Gamers and cutters HOO
800. utility and commercial 1875
1900. few utility and commercial bulls
10 30 so: standard TO choice vealers
lb.uO-25. 90; load Of medium to low
good 40 ID. feeding steers 20.15i load
OF good and choice us h. feeders
-. 20: 93 head tiS5 ID. good and choice
feeders 22,9O: - head choice $50 ID.
feeding steers "a 90
steady good to prime spring SLAUGHTER
800; Gull to choice slaughter ewes
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
TV Revenue
Rises 20 Pct.
BIZ the Assoeiated Pres.

The Federal Communications
Commission yesterday reported
the television industry had
revenues from broadcasting
operations in 1856 of $780,
million, up 20.4 per cent from
1855.
The industry's broadcast
profits. before Federal income
tax. were estimated at $780,
million or 26.2 per cent more
than in the previous year.
The report said the three
television networks, National
Broadcasting Co.. Columbia
Broadcasting System and
American Broadcasting Co.
and their Is manifestations
accounted for about 40 per
cent of the industry's total
revenues, with the f1gure at
$442.3 million. an increase in
total business Of around lS
per cent.
The 1856 profits Of the net
work group. reported at s85.4
million before Federal tax,
were about 26 per cent higher
than 1855.
The IS WIFI stations which
were operating before the 2l2-
year "television freeze" of l949
reported 1916 profits of $50. 7
million. up 10 per cent from
1855.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
1857 Auto Output
Ahead by Month

DETROIT. Aug. % (R.-
Wards Automotive Reports
said today the auto industry is
running nearly a month ahead
Of last years pace.
The agency based this on the
fact total car and truck output
passed the 5-million unit mark
today. Last year that mile
stone unit did not come from
the assembly lines until the
week Of September 1922.
Wards also reported Chrysler
Corp. already has built more
cars this year than 1t did in all
of 1856. 1t reports Chrysler's
output so far in 1857 at 900. 700.
Chrysler's 1856 total was $780,
26l cars.
Output this week by all
United States companies is
placed at l23,006 cars and d.
$50 trucks compared with Ill.,
sos cars and 20,00l trucks last
week. In the comparable 1856
week, 69,676 cars and 1854
trucks we're built.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
PEOPLE
BUSINESS
Mrs. Winifred d. Owens {

Mrs. Winifred d. Owens OF
Washington has been re-
elected a director Of the Amer
lean Woman's Society of Ger
tilted Public Accountants. She
and her husband are in the
public accounting firm OF
Henry S. Owens & Co. here.
John Coma. controller of
Frank r. Jelleff. Inc, Of WASH
ington. has been appointed TO
the local groups committee OF
the Controllers Congress, Ma
tional Retail Dry Goods AsSo-
citation.
Clifton E. Gill Of Fairfax
County has been elected assist
ant treasurer of Clarendon
Trust Co. He formerly was with
Arlington Trust.
Arthur M. Casey, formerly
with Chevy Chase Motors. has
been named general sales man.
ager Of Loving Chevrolet, Inc,
in Silver Spring.
Peter A. ManOs has been
named catering manager for
the Roosevelt Hotel. He for
merly was at Hotel Statler.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
GIN Appoints
3 Managers

DETROIT, Aug. % (R.-
Appointment OF new general
managers for three General
Motors divisions was announced
today. Effective September /
they are:
Donald L. Boyes. currently
general manager Of Hyatt
Bearings Division. to be gen.
eral manager Of Delco-Remy
Division. Anderson, Ind. He
succeeds H D. Dawson. who is
retiring.
Warren E. Miner, now man.
ager Of Milwaukee operations
of AC Spark Plug Division,
to be General manager OF
Hyatt Bearings Division.
Albert F. Davis. now director
of engineering and manufac-
turing Of Diesel Equipment Di-
vision. Grand Rapids, Mich,
as general manager of that
division. succeeding c. F. Run
chey. who is retiring.
Mr.. Boyes and Mr.. Miner
are graduates of General Mo-
tors Institute at Flint, Mich
Mr.. Boyes. born in Hastings
Mich, in 1910, started with
General Motors in 1925. Mr.
Miner was born in Wayne
Ohio. and joined GIN in 1929
Mr. Davis. a native Of Evans
vile. Ind, is a 1923 graduate
of Notre Dame. He has been
with General Motors since
1929.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
|Dynamics Gets
OK forMerger

NEW YORK, Aug. % (Spe-
ciaD The merger of the Liquid
Carbonic Corp. into General
Dynamics Corp. subject to the
approval of the share owners
of both concerns, was approved
yesterday at meetings of the
directors of the two firms.
Frank Pace. jr.. president Of
Dynamics, said both corpora
tons will submit the merger for
share-owner approval at spe-
cial meetings called for Sep
TENDER q, 1857. If the share
owners approve. the merger will
become effective at the close of
business on September 80, 1857.
Under the agreement Liquid
OoA SOAAAN NOhAAA4Ou oIldIc llOlQ-
ers would receive one share of
General DynamicS stock for
each common share OF LIQUID
Carbonic.
Both boards agreed to the
merger lin principle" at meet
ings held July IS.
AS Of July 81, 1857, there
were 7.999.871 shares of Cen
eral Dynamics stock outStand-
ing, and 1,l56,427 shares of
Liquid Carbonic common stock
outstanding. There are also
6,956 shares of Liquid Carbonic
preferred outstanding which
was,called today for redemption
on September rs. There is no
General Dynamics preferred.
The current annual dividend
rate for both DynamicS anG
Liquid Carbonic common stock
is So a share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
Funkhouser Heads
Victor Products
At HuqerstoWn

Justin Funkhouser has been
elected president of Victor
Products Corp. of Hagerstown,
Md, it was announced today.
Mr.. Funkhouser will continue
as vice chairman of the board
or a director of numerous in
dustrial enterprises in which
his father, r. j. Funkhouser,
has extensive interests. AS
president Of Victor Products.
his headquarters will be in
company Offices at Ransom,
w. Va.
Victor is a leading refrigerat-
ing firm, having pioneered
home freezers and beverage
coolers more than 80 years ago.
Two large plants in Hagers-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
Capital Bank Loans Up
For Second Week in Row

For the second week in a row.
outstanding loans of Washing
ton banks edged higher, data
from the Federal Reserve Bank
Of Richmond showed.
Net loans of IL reserve mem
Der banks totaled $539, 1921 900
on August IA, an increase of
$1,2l4,000 from a week earlier
and $16.26S,000 above the like
1856 date.
Commercial loans of S227,-
$4,000 were up $l97, 900 in the
week and $7.825. 900 above a
year ago. Real estate loans of
$l4S.274,000 were $3.50, 900 ahead
OF a week earlier and $685.
600 above the like 1856 date
Other loans. mostly consumer
loans, totaled $143.556,000, a
gain of $552,O00 from a week
earlier, but $6.21s,O00 behind a
year earlier.
Investments of $3.50, 724, 900
were down $4,000 in the week
and $18,l66.000 below a year
ago.
Demand deposits of 1926, 404,-
600 were up SASH 900 from a
week earlied. but $37,9l8,OOO
below the like 1856 date. Time
deposits of s276,O53.00O were
OF a mere $4,000 in the week
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
W. 6. Reynolds Heads
Reynolds international

RICHMOND. Va, Aug. %
DIV. G. Reynolds. vice pres
ident and director of Rey-
noldS Metals Co., yesterday
was named president of Rey-
nolds International. Inc.
His appointment as head OF
the firm which handles all OF
Reynolds Metals manufacture
ing and sales activities outside
the United States was an
nounced after a meeting Of
Reynolds Metals board of d.
rectors by Richard S. Reynolds
jr.. president.
Richard Reynolds said his
brothers new job is part Of a
program to intensity Reynolds
activities in expanding market
areas throughout the world
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
Soviet Tin SuIes
Causing Concern

LONDON. Aug. % R.-
Sales Of Russian tin to West
ern countries reached 1000
tons last month, causing some
concern to non-Communist
producers.
A British producer suggested
today that stable Soviet tin
sales could be extended on a
considerable scale to other
metals.
Producers admitted that Rus
sian sales this side Of the Iron
Curtain had them worried lest
the U. s. S. r. become a serious
contender for the non-Commu-
mist market.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
Senate Votes Bill
To Aid Railroads
By the Associated Press

Senate passage sent to the
President yesterday a bill pro-
tecting the railroads from anti
trust suits for agreeing on rates
for hauling freight and pas
sengers for the Government.
The measure was passed by
voice vote after a motion Of
Senator Kefauver, Democrat of
Tennessee. to defer further
consideration until January 80
was rejected 62-l9 on a roll call
vote.
The bill was favored by the
railroads and opposed by non
scheduled airlines. competitors
for the Government business.
Senator Kefauver agreed during
the debate that lobbyists were
active on both sides.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
FOREIGN EXCHGE

NEW YORK Aug. % H1. --Foreigr
exchange rates follow (Oreat Britain
IN dollars, others In centsD. Canadian
dollar In New York open market Il
per cent premium or SlO5 1854 U. s
cents of IL Of cent
Europe Great Britain pound
s2Is 95a@, of ! L3e Of q cent Greal
q cent; Great Britain 6O-day futurei
55is of y Of q cent Great Britain
cent. Belgium tfranc) .DSs. I'm,
changed France tfrancl .23h Of
cent, unbalanced Germany Western
ldeutsche mark $3.50. UNCHANGED
Holland tsuilderl 26.l1, UNCHANGED
Italy Cira) 1914 Of a cent. unchanged
Portueal lescudo) $50, UNCHANGED
Sweden tkronal 1894. unchanged
Switzerland francl CfreeD 1874 un.
CHANGED Denmark tkrone) 1880, un'
changed
Latin America. Argentina free
2 40 unchanged' Brazil nree) 1877
UNCHANGED Mexico sol unclaimed
Far East. Hons Kong dollar 1855
UNCHANGED
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
Capital Gains Reported
BY United Air Lines

Passenger and cargo volume
of United Air Lines expanded
in Washington during the first
half Of 1857. reported M. v
Stevenson, district sales man
ager.
During the six months. 100.-
800 passengers arrived or de-
parted on United Mainliners
at Washington National Air
port. an increase Of Is per cent
from a year ago.
Combined express and freight
shipments totaled 1.553.513
pounds, a gain Of 81 per cent,
while mail shipments of 706,l37
pounds were down Is per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
Diggs and HorIowe
Named to Bourd of
Printing Industry

j. Thurman Diggs of Byron
S. Adams and Clarence E
Harlowe of Harlowe Typog-
raphy. Inc. have been elected
to the board of directors OF
Printing Industry of America
Mr.. Diegs will serve his Sec
term on the board. Both men
will represent the Graphic
Arts Association Of Washing
ton.
Mr.. Digs is a past president
Of the association and Mr.
Harlowe now is recording Sec
rotary of the association.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
Upham Leaves SEC Post
For Navy Assignment

F. Bourne Upham. III. has
resigned as executive assistant
to the chairman Of the Secur-
tiles and Exchange Commission
TO become special assistant to
J. Sinclair Armstrong. new AS
sistant Secretary of the Navy
for financial management.
Mr.. Upham came to the SEC
from Tarrytown. N. Y. in 1856
under the Craftsmanship Of
Ralph Demmler and remained
after Mr.. Armstrong became
chairman. Mr.. Armstrong
named him executive assistant
to the chairman last April.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23

ana 2z,lbS,OOO ABOVE q year
ago.
MONA Chapter to Conduct
Office Salaries Survey
Washington Chapter, Ma
tional once Management As
ISOLATION, will take an active
part in the NOMA'S annual
survey of Office salaries in more
than 100 metropolitan areas.
The chapter will collect data
on compensations in both pri-
vate firms and the Government
and also will gather informa-
ton on hours of service vaca-
tons. fringe benefits and union
iZation.
Results will be released in
two reports. One will be a
detailed report with Civil Serv-
ice comparisons covering this
area. The other, on a national
basis, will compare salary aver
ages in major cities.
Donald E. Wilkes is chair
man Of the chapter committee
in charge Of the survey here.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
= n BUSINESS
McLochIen to Open
Potomac Plaza Branch
By DONALD B. HADLEY

McLachlen Banking Corp will its Potomac Plaza
branch at 2425 Virginia NV. Monday morning. it
announced today.
Thomas p McLachen, assistant vice president will man
the Office which will be the only bank in the Foggy
Bottom Area It occupies Of The first BUILDINGS in the big
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23

new Potomac Plaza develop
ment.
The bank is entering a ter
riUory which because of real
estate developments and new
Government buildings will have
a large office and residential
population.
In addition to its main Of
fice at Tenth and G streets
NV. it has a branch office at
Twelfth and Maryland avenue
.S.W.. and a QuartermaSter
Corps Facility at Second and
@ streets S.W.
With assets exceeding $23
million and deposits of nearly
$22 million on the last condi-
ton call of June 6. McLachlen
is a member of both the Fed
eral Reserve System and the
Federal Deposit Insurance Corp.
Lanier P. McLachlen is board
chairman. and his brother,
Archibald McLachlen, is presi-
dent.
Managers Grandfather
Founded Bank in 1891
Manager McLachlen is a
grandson Of Archibald M. Nc
Lachlen. who founded the bank
in 1891, and a son of the
present board chairman. A
native of Washington, he at
tended Washington College Of
Law and entered the bank as
q runner in 1898.
He worked in most depart
mentS and after serving with
the Army Air Force in World
War II became manager Of the
QuartermaSter Corps facility.
He is a past chairman of the
Safety Deposit Section of the
District Bankers Association
and a member of the board of
governors of Chesapeake Chap
ter. Robert Morris Associates.
He also is a member of the
Washington Board of Trade,
Washington Rotary Club and
Columbia Country Club.
Hours of the new branch will
be from 8 am. to 2 pm. on
weekdays, except Fridays when
they will be from 9 am. to s
pm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
ODD-LOT DEALINGS

NEW YORK. Aug. % R.-The New
York Stock Exchange reported today
these odd lot transactions by principal
dealers on the exchange for August 22.
1879 shares including 2,2l2 shares
solo short
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
Baltimore Has Three Large
Mutual Savings Banks

Washington does not have a
mutual savings bank. but three
Baltimore institutions of this
type rate among the 100 largest
in the Nation.
The Savings Bank Of Balti-
more has nearly $196 million
of deposits and the Provident
Savings Bank has around $l39
million. The Eutaw Savings
Bank has more than $94.2
million.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23

ton make dry beverage coolers,
refrigeration rooms and quick
freezers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
Emanuel Wolf TO Teach
Course on Investments

Emanuel Wolf of B. L. Wolf
Associates will teach a course
on investments in the graduate
school Of the Department Of
Agriculture.
The course will be conducted
from 1880 to 800 pm. on
Thursdays. Registration has
been scheduled September IA
q at the department.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23
were $500

Sove $3.50 on this group
Of outstanding topcoots.
Raglan or set-in sleeve
styles. in q variety of
tweeds and cheviots.
Regulars, shorts and
longs.
The Mems Store, End Floor
also Chevy Chase, 7 Corners
ond Alexandra
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-23

and $22.1S3,OOO above a year
ago.