davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
CLU Committee Plans
Training Courses

The Washington Area Com
mittee of the American Society
of Chartered Life Underwriters
has distributed a letter to all
general agents and managers
of life insurance agencies here
outlining plans for study
courses this fall in co-opera-
ton with George Washington
University.
Signed by j. Mitchell owens.
committee chairman. and w.
Elwood Baker. dean Of the
Gu Institute. the program
includes Life Underwriters
Training Courses l and 2,
Chartered Life Underwater
Training Courses l, 2 and 4
in advanced underwriting. and
a course In management train
ing.
Registration has been sched-
uled in Room 102, Hall Of
Government, at GNU at 4 pm
September 20 and 80 and Oc-
tober /.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
YOUR
MONEYS WORTH
Twelve Most Powerful Men
M SYLVIA RoRTfR

lPatman, Democrat Of Texas
often has charged. have NOR.
power than almost any othei
group In shaping the destiniel
OF the Nation" This commit.
tee. Mcoraw-Hill Publishing
Co, has remarked, lis an insti-
tuition that has no exact coun'
terpart In any other country or
earth" A
Central banks traditionally
follow a policy Of secrecy. anc
central bankers delight In Is.
suing cryptic statements usu.
ally ineligible just 10 the In
formed few.
Let me give you two up-to-
date illustrations OF what power
these IL men have:
On November ~. 1857. the
committee decided that the re-
cession was real. and that II;
anti-infiation policy OF tight
money should be abandoned
on November IA the Federal
Reserve Board disclosed Its new
attitude by approving cuts in
the discount rate-the rate the
system charges It's own member
banks for loans-from ga tc
3 per cent.
That one step marked the
start Of the anti-recession fight
in Washington.
Immediately the Government
securities market took OF or
the sharpest, fastest upSurge in
all history. All interest rates
began plunging. AS the COM
mittee followed UP by pumping
billions of new funds into the
banking system and lowering
credit barriers in the stock
market. credit became free and
easy again, the mortgage mar
kee loosened UP. housing
] bounced back. countless prof.
ects which had been shelveo
/ because Of money scarcity were
revived.
The easy money cycle kicked
of on November IA. 1857,
stands as the greatest. most
effective antirecession m owe
made in Washington.
This past June the commit
tee apparently decided money
lease" had gone far enough
and imitation once more is the
threat.
Since June the United States
bond market has been in one
Of the sharpest slumps on rec
ord. Interest rates have been
climbing again. The Reserve
Board has put the credit bar
riers in the stock market back
to where they were in January
The IL men are obviously again
making enormously important
policy decisions.
This column is only a first
attempt to identify the men
who make Americas vital
money policies. Tomorrow III
tell the tale Of the Govern
ment securities market since
November-a fascinating and
deeply disturbing part Of the
money story.
Distributed 1858. by the Hall Syndicate
Inc. AL RIGHTS Reserved)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
Bank Deposits, Loans
Expand Further Here

Ion and sis.ose.04s in July
last year. Totals for June this
year were 1885 and tis.sis.-
7a0.
Deeds or property transfers
In the District OF Columbia to-
tailed s.292 In seven months.
compared with e.5e6 "a year
earlier. July deeds numbered
1887, compared with 1889 In
the previous month and 500 In
July last year.
Foreclosures I'm the seven
months totaled SIS. compared
with 422 a year earlier. July
foreclosures totaled II. COM
pared with 70 In July last year
and lis In June this year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
FOREIGN EXcH'GE

NEW YORK, Aug. 10 CAPl-Foreign
exchange rates, Great Britain in. doll
lars, others In cents, Unbalanced I'M
less otherwise noted:
Canadian dollar In New York open
market 3ls per cent premium or
lob 933t u g. cents.
Europe: Great Britain (poundl So so
1872. up 3I32: 80 day futures so
3/32. up IA 90 day futures 2 20 2lI32.
up IA 90 day futures .. 20 9/32. up = (;
,237s Of q cent: Germany (westeTnl
(deutsche mark 1887: Holland gull
derl 2643, off Of: Italy Oiral .1dh
OF a cent; Portugal tescudol $50;
Sweden tkronal 1894. Switzerland
lfrancl 0ree) 1884; Denmark CkroneD
1880
Latin America: Arsentina tfreel
2 Is; Brazil freel as Of cent; Mex
leo sol: Venezuela tbolivar) 5000.
Far East: Hons Kone dollar 1880.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13

andria and viii continue as
manager Of operations. n was
announced today.
He Joined the company as
operations manager in 1851. A
native Of Scranton, Pa, he
served In the Navy as a Seabee
In World War II. He studies
at Syracuse University after
the war and received a B. s.
degree there In 1850.
Later he was an investigator
for the Retail Credit Co. Of
Washington and studied law
at Georgetown University be-
fore joining Atlantic Research.
He lives with his family at
Springfield. Va.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
Martin Co. Organizes
Space Flight Division

Creation Of a new Space
Flight Division Of the Martin
Co. was announced by George
S. Trimble, Jr.. Martin vice
president.
The new division will direct
a six-company team developing
the Air Force Dyna Soar
boost-glide aircraft, he said.
Dyna-Soar is Americas first
vehicle designed for long pc
RODS Of pilot-controlled space
fight. Mr.. Trimble said. its in
tended mission will be to circle
the earth nonstop one or more
time as a reconnaissance or
bombing craft before landing
at any suitable airport selected
by the pilot.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
Keshishian Is Chairman
Of Rug Institute Unit

James M. Keshishian of the
Washington fir moi Mark Kes-
hishian g. Sons. Inc. has been
named chairman Of the nomin-
ating committee Of the National
Institute Of Rug Cleaning.
The institute is a non-profit
organization Of professional
rug cleaners and has head
quarters in Bethesda, Md.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13

It's first and will. in effect, in
crease cash dividends further,
because each holder win have
more shares.
The stock dividend will be
distributed october 20 10 hold
ers Of record September 20 and
will be on the basis of one new
share for each 20 shares held
on the record date.
No fractional shares will be
issued. Round shares repre-
senting the fractions will be
sold and cash proceeds dis
tributed pro-rata to holders en-
titled TO them.
With the record date more
than a month away. holders
will have plenty of time to in
crease their shares to multiples
Of 20 and avoid fractions.
An investor now owning 90
shares can purchase eight more
shares and with a rounded total
Of 100 be eligible TO receive a
dividend Of five shares Of new
stock, brokers pointed out.
The regular cash dividend OF
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13

Refieeung increases IN buying
power and business activity, de-
posts and loans OF 10 reserve
member banks OF Washington
eonNnued 10 edge higher In the
week ended August 6. the Fed
eral Reserve Bank OF Richmond
disclosed today.
Deposits amounted 10 si.302. :
$4,000 on August 9. an increase
OF s2l.407.000 from si.27e.-
23e, 900 a week earlier and an
impressive si02.e7l.000 ahead
Of si,is9.e72.0OO on August 2
last year.
Demand deposits Of $685.
$4,000 on August 8 were up
$40. TAI 900 from a week earlier
and s65.s36, 900 ahead OF a year
earlier. Time deposits OF S3i2.-
$4,000 we're s2.6e6. 900 higher
for the week and $36.s3s. 900
ahead Of the like 1857 date.
Net loans amounted 10 $685.
1884, on August 8, an In
crease Of s4.557.0 900 from $751;
$4,000 a week earlier and
si6.6l6.000 ahead Of s53s. 607.-
900 q year ago.
Commercial and industrial
loans Of $3.50 900 were up
"a. 2S5 900 In the week and sis.-
100000 above the like 1857 date
Brokers loans OF Sl3,982. 900
were down sl.s73.000 from a
week earlier and $9.620,0OO be-
low a year ago.
Real estate loans OF $780,
$4,000 were sl,ll4.00O higher
in the week and $l2.296,O0
above a year earlier. Other
loans Of sl40.549. 900 we're up
81 ,078,OOO In the week, but
down s2,455.O0O from a year
ago.
With loans showing smaller
increases than deposits and
with lower eServe requirements
than a year ago, investments
expanded to s529,7l5.OO0 on
s. a gain of $2.l74.0OO
in the week and $68.393, 900
above the like 1857 date.
Federal Government pay in
creases became effective in
July along with large retro
active payments and Washing
ton bank statistics have been
moving higher since then.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
ArmOr Elevator Plans
CapitaI Branch Building

Armor Elevator Co., Inc, Of
Long Island City, Queens, has
signed a contract with Donohoe
Construction Co. for erection Of
a one-story building at 1850
Adams street NE. for a new
Washington branch.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
Mortgage Financing
Holds Well Above ST


Mortgage financing in WASH
ingtop continues well ahead OF
q year ago, the monthly report
from Justin flinders. executive
secretary of the Washington
Real Estate Board, disclosed
today.
Deeds Of trust or first mort
cages recorded in the District
Of Columbia for the first seven
months Of this year numbered
1921 and amounted to $110,-
6l2.331. compared with 6.l06
and $90.l68,604 in the same
1857 period.
In July alone, deeds of trust
numbered 1857 and amounted
to $20,643.357, compared with
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
Marion b. Folsom Named
20 Rochester Bank Board

Marion B. Folsom, who re-
signed recently as Secretary of
Health, Education and Welfare,
has been reelected to the
board of trustees of the Roch-
ester Savings Bank in Roches-
ter, N. Y.
This is Mr.. Folsom's first APP
pointment since leaving the
Eisenhower Cabinet. He was a
board member from 1891 to
1949.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
''Ss',BuszNESs
.Stote Loan Declares
First Stock Dividend
BY DONALD d. HADLEY
star Financial Edilnr

Directors of state Loan Finance Corp today declared
cent stock dividend In addition 10 regular cash dividend
OF rs cents share Class and common stocks IL
announced by Davis Weir president and board chairman
The company has increased cash dividends stocks
every for the last 10 years The distribution will
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13

NEW YORK, Aug. IL (AP)
Northwest Airlines announced
July trafiic totaled 09.757.3ie
domestic passenger miles. Up
1875 per cent from July last
year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
U. $. Steel Buys Nearby
Limestone Deposit

Michigan Limestone Division
Of United States Steel Corp
announced 1t has optioned and
Us purchasing around l,40O
acres Of farmland located in
the Keedysville and Boonsboro
election districts Of Washing
ton County, Md.
The property consists Of IL
farms containing a deposit OF
limestone. The division has no
immediate plants for develop
ment Of the property.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13
Gerald Halpin Promoted
BY Atlantic Research

Gerald T. Halpin has beer
elected a vice president of At.
lantic Research Corp. Of Alex
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-13

rs cents a share will be paid
September is TO holders Of both
common stocks as Of August 20.
Directors also declared a di-
vidend Of STA cents a share on
the 8 per cent preferred stock,
payable September is to holders
OF record August 20.
The Arizona post., 1958-05-16

experiences throughout the
summer. There will be in
struction in many sports,
arts and crafts, music, swim
ming, dramatics, dancing,
campcraft and weekly bus
trips to places of interest.
Swimming instruction by
the Center's highly-trained
staff is an important part of
all youth programs. The Cen
ter also has its own buses for
safe transportation.
The Play and Day Camps
and TrailblaZers will be of
fered in three periods June
9 to June 27; June 80 to
July 18 and July 21 to Aug.
8. Camp fees are $35 for
three weeks for Center mem
bers and $45 for non-mem-
bers. For six weeks the fees
are S65 for members and $50
for non-members. For the
full 9-Week summer fees are
$50 for members and $120 for
non-members. Transportation
cost is So per week.
Special registration for
Center members will be held
until May 20. Full registra-
ton begins after that date at
the Center.
The Arizona post., 1958-05-16
Cenfer
HighHghts
BY MILTON FRANK

HONORS continue to grow
for the Kadimah Dancers at
the Center.
Under the direction of Mrs.
Frances Smith Cohen, the
group travelled to San Diego
this week for a guest appear
ance in Beth Jacob Auditor
ium. The Tucson dancers ap-
peared there on the San Die
go Jewish Community Cen
ter's Concert Series. This was
the first out-of-city trip for
the Kadimah dancers.
Senior members of the
group who made the trip are
Gayle Goodman, Paula Rat
cliffe, Gail Goodman, Judy
Beren, Paulette Halpern,
Hope Willadson, Steve Pax
ton, Howard Frederick, John
LightfoOt and Annette Hal
perm.
A NEW SPORTS group
was formed May 4 at the
Center when Don Jameson,
owner of the Tucson Cow
boys baseball club, spoke at
a breakfast.
The group, known as Cen
ter Mems Athletic Club, is
forming a slow-pitch softball
league and may also set up
a summer bowling loop. Any
one interested in joining is
urged to Call Ed Jones at
the Center.
THE CENTER Boy Scout
Troop will hold its court of
honor and parents night May
18 at 8 o'clock at the Center.
Entertainment, including a
color film on scout camping,
and refreshments will be Of
fered.
The troop took part in the
Catalina Council Camporee
at Randolph Park May %.
Taking part in the camporee
were Scoutmaster Ed Jones;
Sam Leiboff, chairman of the
troop committee; Bob Paope;
CONTINUED on Page 81 q
The Arizona post., 1958-05-16

"WE ARE LOOKING for
ward to having our heaviest
enrolment this summer" Mr..
Frank declared. "And we
also are looking ahead to our
best programming. We have
outstanding persons to direct
all our programs"
The varied program for
youth is broken down in
three age categories.
The Trailblazers are for
Youngsters II to IA years.
The program is directed by
Ed Jones and will offer 9 full
weeks of fun from June 9 to
Aug. 8. Programming in
cludes archery, arts a m d
crafts, swimming, dancing,
horseback riding instruction,
golf and bowling and planned
cookouts.
The Play Camp is for
youngsters 3 to 5 years and
the Day Camp for youngsters
6 to IL years. Miss Ellen
Benjamin is Play Camp direc-
tor and Mrs. Mildred Faulk-
ner is Day Camp manager
with Rudy Thompson and
Norman Shapiro serving as
unit heads.
THE PLAY and Day
Camps offer a rich variety
of recreation and educational
The Arizona post., 1958-05-16
Center Offers
Varied Summer
Youth Program
Registration Opens For Camp
And Special TruiIbIuzer Group

Looking for summer long fun program for your
youngsters when school is out?
The Tucson Jewish Community Center has planned a
complete program for youngsters in three age groups
nounces Milton Frank executive director pro-
The Arizona post., 1958-05-16
For Youngsters
oil Years
Day Camp

A carefully planned program gives the Day
Camp yoUngster marvellous experience
in wide range Of athletic, cultural and
instructive programmng. We-balanced,
nutritious meals served for all campers. A
5-day program per week. transportation
by our own buses and experienced drv-
ers. Day Camp Directors Milton Frank and
Mildred Faulkner have arranged for skilled
counseors to lead this fine program. Reg
lister early for all camps :. Registration
marks hit a record high last summer!
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-15

you BEST Thos how tired back muscles relax and tone
up Thot firm support helps daytime
Seo Poupedc cont soeowoys keeps spine
Here's sheer sleeping luxury that helps improve
best.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-04
William 7. Butler,
IOf Paint Firm

William T. Butler. 10. an en-
ploye Of the Hugh Reilly Paint
Co. here for 81 years until his
retirement several years ago.
died yesterday in Freedmen's
Hospital. He had been in poor
health for several years.
He lived at .174l D street NE.
Born in Bryantown, Nd, in
1873 he came to Washington as
a young boy and went to work
for the Hugh Reilly Co. at the
age Of IA.
He was a member Of the
Knights of st. John, the st.
Vincent de Paul Society, the
Nocturnal Alteration Society
and the Helping Hand Society.
He is survived by four sons.
Thomas w. Sterling. Richard
and Ambrose, all of Washing
ton, three grandchildren and
two great-grandchildren.
Requiem mass will be said
at 10 am. Thursday at st.
Cyprian's Church, Thirteenth
and c streets Sc. Burial viii
be in the ! Lincoln Memorial,
Cemetery.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-04

ISOLATION, vice president Of the
National Conference Of Social
Work. and belonged to the
Monday Evening Club Of Wash.
! ington.
A spokesman for the fedora.
ton said Halbert road in Be.
theSda has been named for Mr.,
Halbert.
Headed Fellowship
Mr.. Halbert's interest in race
relations resulted in his cleo
ton to the presidency Of the
Washington Fellowship, a
group seeking to improve inter-
racial contacts.
He is survived by his widow
Mrs. Mary L. Halbert of the
home address; five daughters
Mrs. Howard Robohn of Kan
sas City, KanS.; Mrs. David
Kaplan of New York City, Mrs
Fred Rees Of Wyckoff. N. j.;
Mrs. Michael Pescor of Dallas
and Mrs. Warren Kicker of Be-
thesda; 10 grandchildren, two
great-grandchildren.
Services will be held at
pm. tomorrow in Westmore.
land Congregational Church in
Westmoreland Hills. The body
will be cremated. The family
asked that expressions of SYM
pathy be in the form of con-
tributions to the federation IL
brarV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-04
w. M. Raymond,
Investment Broker

William M. Raymond. "a.
who was in the investment
business here and in New York
for more than so years. died
Sunday at his home, 2480 Six
tenth street NV. He had been
suffering from a heart con-
diticn.
After 80 years on Wall Street.
Mr.. Raymond Joined the Wash
ington firm Of Jones. Kreeger
& Hewitt Of the New York
Stock Exchange. He was a
native Of New York.
Mr.. Raymond leaves no sur
vivors. HIS wife. Adelaide. died
in 1854. His son, Denyer. was
killed in action in 1914 after
flying more than 100 combat
missions as an Army flyer.
Services will be held at $3.50
pm tomorrow at Gawler's
funeral home. 1856 Pennsyl-
vania avenue NV. with burial
in New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-04
Mrs. Rose A. Yost,
In Eastern Star

Mrs. Rose A. YoSt, a charter
member of the first Washing
ton chapter Of the Order of the
Eastern Star and third genera
ton Washingtonian. died yes.
terday at her home. 490l Ninth
street NV.
Mrs. Yost served as worthy
matron of the first chapter
Ruth No. l, in 1898 and was
elected treasurer of the Grand
Chapter in, 1898 ad 1899. In
1900, Mrs. Yost was elected
grand secretary of the Grand
Chapter. post she held for 4t
years until she was chosen to
I'LL the newly created post OF
grand secretary emeritus.
She was the widow Of Henry
Yost. jr. She is survived by
two daughters. Mrs. Pearl A
Yost Of the home address and
Mrs. Henrietta L. Robinson OF
505l New Hampshire avenue
NV. and a grandson. William
B. Robinson. -.
Services will be held at 2:3o
pm. tomorrow at Gawler';
Chapel, 1855 Pennsylvaia ave-
ne NV, with burial in Cedar
Hill Cemetery.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-04
james E. Dent, 50,
Town Postmaster

James Eugene Dent. SO, who
had served as the towns post
master at Drayden. Nd. for IS
years. died Sunday Of a heart
attack while en- route to a hos
pital at Leonardtown, Md.
Mr.. Dent was a member of
the rm of j. w. Dent g. Sons.
a general store in Drayden es-
tablished by his parents, Mr..
and Mrs. Wilson Dent. In 1897.
He is survived by his mother;
a brother. Benjamin r.; a sis
ter, Mary Dent Slye, all OF
Drayden, and another brother.
Theodore W., of Hyattsville.
Services will be held at Q
am. Thursday at the Cham
bers' funeral home, 3072 NJ
street NV, with a requiem
mass at $3.50 am. at Holy
Trinity Church, Thirty-sixth
and o streets NV. Burial will
be in Fort Lincoln Cemetery.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-04
LeroyA. Hilbert Dies,
Social Worker in D. C.

Leroy A. Halbert, 81, of 6652
Hillandale road. Chevy Chase,
credited by associates with
founding many Of the Dis
trict's consumer co-operatives.
died Sunday in George Wash
ington Hospital.
A social worker for more than
half a century. Mr.. Halbert took
three approaches to the occupa-
ton.
He started his adult life as a
minister. heading the Bethel
Mission in Kansas City, Kans.,
from 1902 to 1909, He was a
Congregationalist and held a
bachelor of divinity degree
from the Chicago Theological
Seminary.
He was graduated from Wash
Burn College in Topeka, Kans,,
with bachelor Of arts, masters
Of arts and doctor Of laws de-
grees.
Next he turned to work in the
field Of prison parole policies,
public recreation and relief.
Mr.. Halbeft served as secretary
Of the Board Of Pardons and
Paroles in Kansas City, Mo-:
general superintendent Of that
city's Board Of Public Welfare,
field worker for the Recreation
Association Of America, director
of emergency relief for the Dis
trict in 1882 to 1884 and re-
search director of the Board of
Public Welfare in Washington
from 1884 to 1886.
District Manager
Mr.. Halbert's third major in
terest was the establishment of
co-operatives. He became the
first district manager for the
Nationwide Insurance Co.'S. a
cooperative group. Beginning
in 1886, he took an active part
in organizing a number of con-
sumner co-operatives which
eventually united under the Po-
tomac Cooperative Federation.
Its member agencies in the
Washington area now include
housing. grocery. group health
and community arts co-opera-
tiVes and nursing schools.
Mr.. Halbert was the fedora
TONS first president.
He was the president of the
American Public Welfare AS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-04
Roy c. Kirkpatrick,
Former PWA Adviser

Ray c. Kirkpatrick, 70. a for
mer labor adviser for the Public
Works Administration and the
Federal Works Agency. died
this morning at his Winter
Park, Fla. home.
Mr.. kirkpatrick retired from
his Government post about 10
years ago. Arrangements for
the funeral. to be held in Win
ter Park. are incomplete.