davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01

in autos. housing. textiles, APP
planes have been widely pub
licized. But the weaknesses have
not dragged US into a general
recession because they have been
more than Offset by strong spots
resulting from peak spending by
business for new plants and
equipment. peak spending by all
levels of Government, peak
spending by consumers for serv-
ices and for many types of
products.
90 We are in a period of
wage price imitation. Although
prices are climbing month after
month and will hit new all-time
tops this summer, this is not a
classical imitation in the sense
that too much money is chasing
too few goods. This sort of in
flation is new to us and perhaps
the most frightening aspect of it
is that we're far from sure we
have either the courage or the
proper weapons to tackle it.
"a We are in a phase Of tight
money, the highest in over a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01
YOUR
MONEYS WORTH
Where We're Goino
~ SYLVIA PORTER

It's the halfway mark in 1857
and thus the moment to look
hard at where our economy is
and where it is heading during
the rest Of the year.
On the reasonable and real
istic assumptions that there will
be no gigantic upheavels in the
world or at home in the next
few months. here is how our
economic picture shapes up.
Where are we?
Cd We are in another best
year in all history" the third
best year ever in a row. One
statistic tells the tale. The total
value of all goods and services
(gross national product) is run
ming well above $427 billion a
year against a 1856 record of
$4l2 billion. A conservative pro-
lection puts the year end rate
at over $435 billion and it could
easily be higher.
Cycle Of Adjustments
CD We are also in a cycle of
rolling readjuStments and busi-
ness cross-currents. The declines
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01

quarter century. The clamp
down on credit is the key weapon
being used to curb today's infla-
ton. The fact that the demand
for money is greater than the
supply explains why the cost OF
borrowing is looming and why
nearly all borrowers are finding
it increasingly hard to get the
cash they want.
CD We are in a year of fierce
competition in business. l957's
prosperity is highly selectiye
Smaller businessmen particular
ly are having q rough time. are
failing in increasing numbers as
they discover they can't meet
the competition.
Where are we going?
Summer Dip Due
co We are going into a sum-
mer business dip. Only during a
phase Of wild boom do we miss
a summer showdown and this
is not q phase of wild boom
Rather. in this sort of economy
a summer dip would be just nor
NAL as millions go of on vaca-
tons and corporations 60 in for
the usual layoffs.
CD We are going into an up
ward swing after the dip. Only
during a period Of general bust
ness slump do we miss a fall and
winter upswing and this is not
a period Of slump. A fall and
winter rebound would be Just
normal as vacations end, mil
lions go back to work. children
go back to school, business gets
set for more activity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01
MUTUAL FUNDS

NEW YORK. July l educational
Association Of Securities Dealers, Inc:
moon Quotations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01
Suburban Trust Announces
Vacation or Tax Club Service

The Suburban Trust Co. an
nounceS new series at all its
IA offices-a vacation or tax club
to which customers may contrib
ute to prepare for planned pro-
gram next year.
officials explained a check for
$50. 500, $3.50 or more-depend-
ing upon the amount paid in
will be ready for a vacation next
summer or to pay real estate or
other taxes or for other purposes.
Communications COunseIers, Inc.
Announces Change of Addresses
Mai. Gen. Frank A. Allen, jr.,
(Retired) vice president and
regional manager of the WASH
ington Office of Communications
Counselors, Inc, announced a
change in headquarters. They
have been moved from 1925 Con-
necticut avenue NV. to the
Continental Building, 1912 Four
tenth street. NV. He said the
telephone number, Elk. 3-5707,
remains the same.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01

These are simple. straight
sentences. unqualified with the
Ifs and butts" to which most
economic experts are addicted.
How dare I, Just q reporter. be
so certain that 1857 will be
another record year?
I dare be so certain because
the story of 1857 was written
long before now. The pattern
was being drawn as far back as
1855 and the summer of 1856.
In fact. right now we're OUT
lining the blueprint Of 1858. And
the lines we're drawing for con-
sumner incomes and spending, for
business profits and spending,
for Government budgets and
spending suggest that 1858 will
be another. the fourth, best
year in all history"
Distributed 1857, by the Hall syndicates,
Inc, All Rishts Reservedl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01

Maryland graduate, has been APP
pointed managing director of the
Munitions Carriers Conference,
Inc, 1924 Sixteenth street NV.
In announcing this today,
Conference President Gail Craw-
ford said Mr.. West replaces Will
liam j. Burns, recently named
general manager of the Movers
Conference of America. Mr..
West for the past three years has
been assistant to the managing
director of the conference. He
lives in Lanham, Md. Among
other groups. he belongs to the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01

tons, WOOK, WINK and
WAN. The company owns
seven stations. President Rich
ard Eaton made the announce
ment.
Mr.. Panagos is a World War
II naval aviator and for the past
10 years he has been with the
Washington Daily News. the
past three as retail advertising
He recently was elect
ed second vice president of the
Club Of Washington.
He is a member of the Bethesda
Country Club and the Washing
ton Board of Trade.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01

meeting of so business leaders
and made public details today.
He said the plan will be pre-
sented to the executive commit
tee with the idea of naming a
special committee to study it in
detail.
The two pronged program
would: /. Give additional work.
ing capital to existing firms here.
2. Aid new industries wishing to
locate here through financing.
1t would be called the Greater
Washington Industrial Develop
ment Corporation. n
"Such development corpora
tons have been very successful
in other communities and l don't
see why one shouldn't also be
able to do a good job here" said
DR.. Scurlock today.
Many industrial firms in the
Greater Washington area have
legitimate needs for working
capital in excess Of that which
could conceivably be expected
from a commercial bank. The
community as whole. including
the banks. has a great deal TO
lose by failure of such local in
dustries to obtain required work.
ing capital. or by failure of new
industries wishing to locate in
our community to do SO be-
cause of inability to get the
kind of financial assistance they
require"
DR.. Scurlock emphasized the
Importance of working capital
to the community as a whole.
He declared: "A judiciously in
vested 3 to 6 million might in
crease the personal income Of
the area by 10 per cent"
The president said it would
be the intention to operate the
corporation at a profit, although
perhaps not a large one. He said
its directors would carefully
screen applications to determine
If loans were a good risk, that
required funds were unavailable
from other sources and the loan
would increase the prosperity of
the community through indus
trial development.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01
FOREIGN EXCHANGE

NEW YORK. July l R-Foreisn Ex-
ehanse rates follow Great Britain in
unless otherwise markedly
Canadian dollar in New York omen
market 4R per cent premium on i04. :
93s4 United States cents up lT32.
50 .79h, UP IL; 30-day futures a.fSfs,
up j.; 90 day futures 27S 10 l32, i:
30 day futures 2.7s 9/32. up a Bel.
SYN Qrancl l.99. France drank
lDeutsche markl 23S so: Holland (euii-
derl 26.l2, OF 0Ois: Italy (lira) .i6N
OF q cent; Portugal tEscudol $50;
france tfree) 1884; Denmark iErone5
1880
Latin America: Argentina (free) e.47;
Brazil tfree) las Mexico sol; Vens-
zuela (bolivar) 5000
Far East: Honk dollar 1850.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01

Traffic Club of Washington.
The national organization
which he will direct is composed
of motor carriers transporting
a m m unition and explosives
throughout the United States.
1t is an affiliate of the American
Trucking Associations.
United BrOadcasting Appoints
PanagOs as General Manager
John Panagos, a native Wash
ingtonian, today was named
vice president Of United Broad
casting Co. and general man.
ager of its Washington area sta
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01

You get only half as many filters you smoke the other
two argest-seng filter cigarettes Fewer filters coarser
filters! The simple drawings above show clearly that
cigarette with only half as many filters cannot bring you
the 6lter-power Of Viceroy's 10000 filters.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01
-. FOR THE SMooTHEST TASTE oFALL! Il
Yes, twice as many filters as the
other two Iorgest-seIIing filter brands

Now get the filter-power Of
viceroy's 10000 filters.
Now get the tobacco you want
in a cigarette. Get the rich,
Inequality leaf tobacco that
Viceroy deep-cures for extra
smoothnesS.
Get Viceroy, the cigarette
chosen by Americas champion
athletes for the smoothest taste
Of all.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01
The VICEROY FILTER

You can see the difference in the vceroy tip 10000
lters Yes you get the lterpower of 10000 filters in
every tip That's twice as many filters as you get in the
other two argesseling filter brands for the smoothest
taste of all.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-07-01
'1 RI BUSINESS
Proposal to Guarantee
Industry Loans Outlined
By WILLIAM A. MILLEN

special corporation to guarantee loans to industrial
concerns in the Washington is under study.
Dr. Arch Sculock president Atlantic Research Corp Alex
anda Va president of the Greater Washington
Council proposed formation Of such corporation
loans here He laid the proposal before the council its
Milford chronicle., 1957-07-05
Cattle Judging
School July 18th

The second annual countrywide
dairy cattle Judging school has
been scheduled for Friday, July
18th, according to County Agent
William II. Henderson.
The purpose of the school is to
provide All members and dairy
men an opportunity 20 learn more
about the selection Of good quality
dairy anim4ls. The coEnty All
Dairy Judging team wiz be select
ed on the basis Of the scores they
make during the school
The schlOl will start promptly at
10000 a. M at the farm of Joseph
r. Bailey, Eederalsburg, where two
classes of H0tsteins will be judged.
This will be followed by a visit
to William w Vanderwende's
farm, Bridgeville, sor two classes
Of Ayrshires. Gusrl seys will be
judged at the farm OF Alison Davis,
Greenwood. The DAYS program will
conclude with Judging of Jersey
classes at the farm Of Henry l.
Short, Jr., 0eorgetJwn.
Each person atten ding the school
will have an opportunity to Judge
the animals in each class and will
be scored for the way he placed
them The three highest scoring
individuals will receive suitable a.
wards for their achievement. The
five highest All members will be
named to the county All Dairy
Judging Team which will compete
with teams from New Castle and
Kent Counties at the Kent-Sussex
Fair for State honors.
Delmar J. Young, Extension
Dairyman, will be in charge Of the
judging and will explain the points
to consider in selecting good dairy
cattle.
A light lunch will be served on
the lawn at the Davis Farm for
all the participants in the judging
work.
Milford chronicle., 1957-07-05

The employment agency for these
contracts shall be the Delaware state
Employment Service whose offices are
located at SOL Shipley Street, VIII
mington. 135 South Bradford Street,
Dover and North Race Street, George
town.
Performance OF. contract shall com
mence within ten (10) days after ex-
ecution Of the contract and be COM
pleted as specified
Monthly payments viii be made for
ninety (90) percent Of the construc-
tion completed each month.
Bidders must submit proposals upon
complete forms as provided BY the De-
parment for bidding purposes.
Each proposal must he accompanied
by a surety bond, certified check, or
money to the amount of at least ten
(10) percent Of the total amount of
the proposal.
The envelope containing the pro
posal must be marked Proposal for
the construction Of State Highway
Contract No.---.---------.---.
The contract win be awarded or re-
jected within twenty (z0) days from
the date of opening proposals
The right is reserved to reject any
or all bids.
Prospective bidders who have sub
mitted to the Department thirty (3O)
days prior to the opening of the pro-
posals the complete forms "Contrac-
tors Financial Statement" and 'tEsx-
perience QUESTIONABLE" and who have
been prequalified twenty COO days
before the receipt of the bid, may OBJ
tain one set of contract documents
from the Highway Department Office,
1853 S. Bradford Street, Dover, Della
ware, upon the payment of five dol
lars ($5.00). Contract documents need
not be returned and the above pay
ment viii 1s5C be refunded.
Make checks payable to the Della
ware State Highway Department.
DELAWARE STATE HIGHWAY
DEPARTMENT
BY: ]. Gordon Smith, Chairman
r. A Haber, Chief Engineer
June 10, 1857
Dover, Delaware 6-2s-2
Milford chronicle., 1957-07-05
ADVERTISEMENT FOB BIDS


Sealed proposals will be received by
the Delaware State Highway Depart
ment at its office Groom 201l IN tie
Highway Administration Building un-
til 200 p. NJ, ID. S. T., July Is, 1857,
and thereafter publicly opened for
the following equipment:
CONTRACT NO. KE-S7-1-4 Door
CONTRACT NO. KE-S8-9-2 Door
CONTRACT NO. KE-S9-1-station
Wagon.
Attention is called to the General
Contract Provisions, the Specifications
and the Contract Agreement in the
Proposals.
The contracts win be awarded or
rejected within 80 days from the date
of opening the proposals. Bidders must
submit proposals upon complete forms
as provided by the Department for bid
ding purposes.
The envelope containing the pro-
posaIs must be marked Proposal for
State Highway Department Contract
No.-......-. Each proposal must be
submitted in a separate envelope.
The right is reserved to reject any
or all bids.
Proposals may be obtained any time
after July 1, 1857, at the Office of the
Equipment Engineer Groom 207) in the
Highway Administration Building. Do
DELAWARE STATE HIGHWAY
DEPARTMENT
BYf j. Gordon Smith, Chairman
r. A. Haber, Chief Engineer
June 2S, 1857
Dover, Delaware 7-5-2t
Milford chronicle., 1957-07-05
NOTICE TO BIDDERS
Proposed Street Improvements
Milford, Delaware

Sealed bids for Proposed Street
improvements, consisting of tack
coat and surface course of btu
minous concrete, to be applied on
Park Ave, Denny Row, S. E. Front
St., Church St. and Clarke Ave,
under Contract No. M-2-57SI, will
be received by the City of Milford
in the City Office located at II N.
Walnut St., Milford, Delaware, un-
til 300 P. NJ. (E. d. IT,, Tuesday,
July Is, 1857, at which place and
time the bids will be publicly op-
ezed and read.
Principal quantities involved are
approximately as follows: 1890 50.
yds. Of rel tack coat, $50 So. yds.
of 115-inch bituminous concrete,
and 1880 50. yds. of 2-inch btu
minous concrete.
Each PROPOSAL shall be accOmpan-
pied by a standard bid bond in
favor of the City of Milford in an
amount not less than five 60 per
cent of the total bid.
Contract Documents, including
location plan, may be obtained
from Gardner & Sterling, Consult
ing Engineers, Calvert & Bond
Streets, Salisbury, Maryland, upon
payment of $500 per set,. which
amount will not be refunded
The City of Milford reserves the
right to waive informalities in or
to reject any or all bids.
CITY OF MILFORD
Roy PettyjOhn
City Manager
July /. 1857 7-5-1t
Milford chronicle., 1957-07-05
PUBLIC SALE
OF VALUABLE
REAL ESTATE
aRd
Personal Property


AT 1000 O'CLOCK A. M.
Daylight Saving Time
on the premises of the late Mildred J.
MilbOurn, deceased, situate at III
McColley Street, Milford, Delaware,
the following:
PERSONAL PROPERTY
Two-piece living room siute, 21"
Bendix television, writing desk, Roper
gas range, new dinette set, l. p. re-
frigerator, studio couch, lot OF odd
chairs, sewing cabinet, 2 irons, sand
wich toaster and grill, oil stove, May
tag washing machine, garden tools,
base rocker and ottoman, Kenmore
sewing machine (new), radio, kitchen
cabinets, buffet, bedroom suites,
cedar chest, lamps, stands, etc, ward
robes, lot of dishes, kitchen utensils,
9 12 rugs, wash stand set, and other
things too numerous to mention.
TERMS: CASH.
REAL ESTATE TO BE SOLD At
100 p. M. ID. S. To
All that certain lot, piece, and parcel
of land, situate, lying and being at III
McColley Street, Milford, Sussex Coun-
ty. Delaware, improved with a four
room and bath dwelling, oil heat, new
electric hot water heater, venetian
blinds and accessories, and outbuild-
ings thereon.
TERMS: 2O9s of the purchase price
will be demanded on the day of sale,
balance within Is days on delivery of
the deed. Purchaser will be required
to nav costs and expenses of the deed
and revenue stamps thereon.
RALPH w. MILRoURN
Executor of the estate of
Mildred j. AIilbourn, deceased
7-5-2t
Milford chronicle., 1957-07-05
ADVERTISEMENT FOR BIDS

Sealed proposals win be received by
the State Highway Department of the
state of Delaware at its Office (roOm
2l0) in the Highway Administration
Building, until 900 +. NJ, r. ID. $. T.,
CONTRACT Mc-7
Kent and Sussex Counties
MARSH AREASJ
Cleaning and Repairing Of Existing
Construction Of New bitches
Construction of Tide Gates
Approximately 50 Working Days
Attention is called to the Special
Provisions In the proposals, the spe-
cifcations and the Contract Agree
ment.
The employment agency for these
contracts shall be the Delaware State
Employment Service whose offices are
located at 60l Shipley Street, Whining
ton, 135 South Bradford Street, Dover,
and North Race Street, Georgetown.
Performance of contract shall COM
mence within ten l1O) days after exc
cutiCn of the contract and be COM
pleted as specified.
Bidders must submit proposals upon
complete forms as provided by the
Department for bidding purposes.
Each proposal mist be accompanied
by a surety bond, certified check, or
money to the amount of at least ten
(i0) percent Of the total amount OF
the proposal
The envelope containing the pro-
posal must be marked Proposal for
the construction of State Highway
Contract No.~.--.--.-.--..-..-."
The contract will be awarded or re-
jected within thirty $500 days from the
date of opening proposals.
The right is reserved to reject any
or all bids
Complete sets of specifications may
be obtained upon receipt of five dol
lars (S5.00) for each set which amount
will not be refunded.
Make checks payable to the Della
ware state Highway Department.
DELAWARE STATE HIGHWAY
DEPARTMENT
BY j. Gordon Smith, Chairman
r. A. Haber Chief Engineer
July /, 1857
Dover. Delaware 7-5-2t
Milford chronicle., 1957-07-05

Tractor safety pays. In the ma
iority of tractor aud auto or truck
collisions, the tractor operator is
killed.
Milford chronicle., 1957-07-05
FOR ATHLETES FOOT

Use T-4-L fer TO 5 days. wuseh
the old suinsed skin slough off Ieuvins
heeIthy. hardy skin. If not pleased with
powerful, inssanf-dryins TAI, your 4oe
back at any drug store. Today af Ru-
sains Phermaey. Milford. DeI0ware.
7-5-3t
Milford chronicle., 1957-07-05

CHARTER NO. 2340
RESERVE DISTRICT NO. 3
REPORT OF CONDITION OF THE
FIRST NATIONAL BANK AND
TRUST COMPANY
OF MILFORD
In the State of Delaware, at the Close
Of Business on June 6, 1857
Published in response to call made
by COMPTROLLER of the Currency, under
Section 5211, y. S. Revised Statutes.
Assets
Cash, balances with other
banks, including reserve
balance, and cash items
in process Of collection--S1 ,526, 249. A
United Statea Government
obligations, direct nd
guaranteed -.----------------------- z,1z6,I5l-50
Ps POLITICAL ieIS s1bdivisions 80 1,142. 1861
Other bonds notes, and de-
bentures .-----.----.-----.----,----- zlO, ,D69.90
Corporate stocks (including
s37, 10000 stock of Fed
eral Reserve hsank) .-------- S5s600.00
Leans and discounts Tin
cluding S614.99 over
drafts) ~-----.------.-.----.----- 5, ,3Sz, zl6.52
Bank premises
gLn1arss iItures anu --l------- s1.88O58
Other assets -------------- i2,55s-12
Total Ass, ----...--.-----s9, ,o9s. .ss7.47
liobiIifies
Demand deposits of indIvid-
uals, partnerships, and
corporations ,S05, ,96S.2S
Time deposits of andivid-
uaIs, partnerships, q I'd
corporations .-.---.--..-.~-.--~.--. lO6, 466.S5
Deposits of Cuited States
Government G n u d
ing postal savingS) -----.-- SO, ,467. 46
DIRGslis Iificai subdivisions ii s - 1s5.O46. ~
ot.si csshier'S iS1s Checks. ete.5 $40 - 148.O48.S1
DEPosITs -s7255. .ss2.82
Bills payable, rediscounts,
and other liabilities for
borrowed money --.------ 2O0,O00.00
Total Liabilities ----.--.----s7, ass, ,992. 50
Capital Accounts
Capital Stock:
total par --s25e. 10000
-Z--s 25O, 200. 90
Surplus -...-.-------.-.---------.1 /, 900, ,0000O
Undivided profits ..a 35I, ,374. SIS
Reserves .-----...--.-..--.----.------ $4,000. 90
Total Capital Accounts.--sf ss7, ,374.65
Total Liabilities ana
Capital Accounts ..----.--.S9, ,095, ,367.47
Memoranda
Assets pledged or assigned
to secure liabilities and
for other purposes -.--.--.--. S503s 90
I, w. F. McFAUL, Cashier of the
above-named bank, do solemnly swear
that the above statement is true to
the best of my knowledge and belief.
w. F. McFAUL, Cashier
Correc4-Attest:
JAMES L. DAVIS
T. G. COLLINS
EDWIN L. FISHER
Directors
State of Delaware,
County of Sussex, IS:
Sworn to and subscribed before me
this 9th day of June, 1857, and
hereby certify that am not an officer
or director of this bank.
(SeaD
Elizabeth r. Bradford, Notary Public
My commission expires Feb. rs, 1859
Milford chronicle., 1957-07-05
PUBLIC SALE

Having decided to discontinue farm
ing, / viii sell at Public Sale, on
SATURDAY, JULY 18th, 1867
AT 100 O'CLOCK p. M.
on the farm where / reside, miles
west of Willow Grove, known as Lewis
B. Johnson Farm, the following:
LIVESTOCK
Two Cows, Guernseys, 5 years old
cows, Holsteins, 5 years old; heif-
ers, Holsteins, years old; / heifer,
Guernsey, months olds
FARM MACHINERY
One corn planter with fertilizer at
tachment, John Deere; / mower, David
Bradley; 1 tractor disc, Ford: 1 saw
and bench, David Bradley; / spring
harrow, section; 2 tractor plows,
Ford tractor cultivators, Ford;
manure spreader, New Idea; / tractor
grass seeder ! drill, John Deere:
corn picker, Wood Bros: / drag har-
row, Ford; wagons, on rubber;
tractor, Ford; / tractor, Case; 1 trac-
tor, Ford.
Lot Of single trees, double trees,
horse collars.
CLARENCE A. DAVIDSON, Agent
Crawford Carroll, Auctioneer. 7-5-2tp
Milford chronicle., 1957-07-05

Read The classified Ads
Milford chronicle., 1957-07-05
IN A LATHER

MILWAUKEE, -(P)- The U. s.
Attorneys Office here is we'll pre-
pared for any cleanup campaign.
Recently the office clerk ordered
so bars Of soap froni the federal
supply service for the OFFICES five
wash basins.
The soap arrived-50 cases of it,
100 bars to the case.
I'VE couldn't use this in 10
years." moaned u S. Atty. Edward
c. Minor.