davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
YOUR gk =
MONEYS. WORTH


I'm going 10 buy q new
toaster and some furniture for
the backyard I've wanted for
q long time. I'm going 10
pay or some bills and blow
what's left on my vacation. !. Z. I.
Were thinking Of using the
money for a down payment on
q car. We've already bought
q new Tv set and a sewing
machine. All Of II Is going
into q new room we're build
ing onto our house. ..i i
These are Just a fee OF the
comments OF Federal Govern
ment employees I've interviewed
In the past 10 days In Washine-
ton, y. G.. In New York City. IN
surrounding areas In Connecti-
cut and New Jersey. A'f
They are typical Of dozens Of
replies ! received 10 my ques-
,tion. what are you doing or
planning 70 do with the chunk
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
Custer Ordered
For 8 Dealers

The National Association of
Securities Dealers announced
today the expulsion Of six Of
its members for what II called
violations Of its rules Of fair
practices.
The association called the
action the most severe penalty
imposed by the organization Of
over-the-counter securities
dealers.
At the same time, the Sc
curities and Exchange Com
mission ordered the expulsion
of two members from the as
ISOLATION for Violations Of SEC
rules.
The association listed those
expelled as:
Arthur r. Gilman, Houston,
Tex: Gabriel Gladstone q Co.,
New York City: Securities Dis
tributors, Inc, New York City:
Stills g. Co.. Miami. Fla r. D
Standish Investments, Boulder
Colo, and Walter r. Plankin-
ton. Denver, Colo.
The SEC said those expelled
are Batkin g. Co., New York
City, and Joseph Ernest MUIR
ray. doing business as Murray
81 Co., Philadelphia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
Virginia Banks
Urged ioHeIp
NewIndustry

HOT STRINGS. va. June
10 (Spcciall Virginia bank
ers were urged today to con-
slider formation OF credit
corporation TO stimulate In
dustrial development IN the
State.
Shirley T. Holland, president
of the Virginia Bankers Asso-
citation. made the proposal Al
the opening session Of the as
sociation's 05th annual con-
vention at the Homestead.
Economic and industrial de-
velopment Is zone Of Virginia's
crying needs and one Of bank
ine's greatest opportunities. I"
he aaid.
Many individual bankers are
participating IN industrial de-
velopment activities. but Mr..
Holland said. Il am convinced
that organized banking must
take an active part In leader
ship Of this industrial develop
ment era now unfolding In
He suggested that bankers
utilize "the knowledge OF spe-
ciilc community needs and the
tremendous energy Of organized
banking" 10 help bring more
industry TO the state. The as
ISOLATION is making q careful
study Of the procedures that
would increase the amount Of
credit available for this pur-
pose, he said.
Mr.. Holland. who Is q menu
Der Of the Virginia House Of
Delegates and executive vice
president Of the Farmers Bank
Of Windsor. said all authorities
in the Commonwealth agree
there Is need for action In this
Geld and that Gov. Almond
had placed industrial develop
ment high among the needs to
be met during his administra-
ton.
The speaker said he did not
mean bankers should undertake
the full responsibility for for
nation Of development credit
procedures or that such cor
porations should be bank ad-
ministered.
More than 600 bankers and
guests are attending the con-
vention. Washington banks.
which are associate members,
are well represented along with
Northern Virginia institutions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
Muy Dividends
Equal 1857 Sum
By the Associated Press

The Commerce Department
said today corporations issuing
public reports paid cash divi-
dends Of $303 million last
month, about the same as a
year earlier.
May usually is a month of
late payments. The figure for
last month was actually nearly
So million above that Of the
corresponding month Of 1857.
Dividend payments in the
first five months of this year
totaled $3.753. 900, 900. down SIT
million from a year ago.
So far this year disburse-
ments by chemical and oil COM
panies have risen and there
have been sharp cuts in pay
outs by refiners Of nonferrous
metals. Moderate reductions
were registered by the textiles
and leather, paper and print
ing. and iron and steel groups.
January-May payments by
trade corporations were up 6
per cent. Electric and gas
utilities and communications
companies scored more limited
advances.
Mining disbursements were
down a bit and railroad pay
Tments dropped almost 20 per
cent compared with the same
period a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

Of back pay you're getting UNI
der the new pay lncreaseG"
Only two Of all I queried--
and I covered q wide range OF
pay brackets-said they In
tended 10 put the money into
savings. IN the overwhelming
majority OF cases. the pattern
OF spending or Of spending In
tentlons Is:
The Government workers win
spend the windfall OF retro
active pay IN a very short time:
Then they expect 70 use the
extra In their regular pay en-
velopes from now on to meet
new installment debts or they
hope 10 save at least some OF
the money from month to
month.
The Federal Government pay
hikes Of the last several weeks
are really spectacular and the
implications to businessmen
from coast 10 coast are even
more so.
The pay rises average 10 per
cent. run TO over SIS billion q
year. Affect about 4 million
workers = including military
personnel. postal service work.
ers and now civil service EN-
ployes.
Windfalls in the form Of pay
increases retroactive to January
! are going 10 almost 2 million
Of these. While the average
chunk Of back pay is around
5000 or so. many hieher-level
Federal workers are getting
double or more than double
this sum.
And the workers getting the
pay hikes are scattered all over
the country. Washington, D. c.,
has more than q quarter-mil-
lion Federal workers, but so
has California. New York State
has close to 100000. More than
100000 are In Pennsylvania.
Similar totals are in Illinois
and In Texas.
Pay boosts Of this magnitude
at this crucial moment in the
1878 recession carry vital
implications. For instance:
This means that personal in
comes win be in a strong up
trend in the months directly
ahead. and behind all consumer
spending. Of course, lies one
great force-the personal in
come Of the consumer.
A most extraordinary aspect
OF this recession has been the
strength in personal incomes
IN the face Of declining pro-
duction, rising unemployment.
But the key reason for this has
been the tremendous rise in
social security benefits and un-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

employment beneills. Govern
ment payments 10 veterans,
older citizens and the loblc1l
IA May were running At an an
nuaI rate Of over t26 billion,
up SIS billion from May 1857,
and up ei.7 billion lust since
March Of this year.
Now les a certainty that
wages and salaries In a down
trend from August 1887. to last
month - win be rising for a
while too. And incidentally. al
though talk OF wage hikes IN
industry have been muted re-
Gently. % per cent Of i,2o0 wage
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

totaloo 6.042, compared with
b.o77 z year earlier.
For I'VE months Of this year.
however. title transfers were
down slightly 10 23.7ie COM
pared with 2l,a00 IN the same
1857 period.
New-car titles In May totaled
1905. compared with 2.0e1 In
May last year. For five months
this year. they aggregated e.ls4,
compared with 1928 o year
earlier.
The District figures present
the least favorable side OF the
total area situation. for gains
are indicated In most suburban
sections Of Maryland and vir-
ginia. No detailed figures for
those sections are available as
yet.
District automobile registra-
tons on May 81 totaied 49,
532 after deduction Of transfer
red registrations, and compared
with ie2.756 on the same date
last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

settlements 50 far this year In
volve pay hikes and IS per cent
OF these involve pay boosts Of
10 cents an hour OF more. ac-
cording 70 the Bureau Of Ma
ti0nal Affairs. The pace Of the
rise IN wages has been slowed
but Il hasn't been halted
And this means that trade
IN many cities win set 4 major
shot IN the arm this summer
and industries al over the coun.
try win feel the impact Of the
fattcr paychecks going 20 Fed
eral Government workers.
fDislrihuled tnbN b. me NAL @xndi-
enle. Inc. Al Fishta reseFredl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
PROPOSED NEH ISSUE
PROPOSED NEE ISSUE
TM LAzARD FUND. INC.
Capital Stock
(Psr Value 81
Offering Price $500 Per Share
n single transactions involving less than 1880 shares

The Fund initially win be closcd-end diversified
investment company but upon delivery Of the shares
being offered the Fund will accept for redemption
any Of its shares rendered for that purpose and, to
that extent, will become Open-end company. The
Fund does not now intend to make any continuous
offering of additional shares The Fund win be prn-
cipally equity fund.- although it win endeavor to
realize both dividend income and capital gain, its
primary objective will be capital appreciation
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

AIlIs Retlres as Chairman
Of Fairchild Engine

James A. Allis has retired as
board chairman Of Fairchild
Engine and Airplane Corp. but
viii continue as honorary chair
man and a director.
Sherman M. Fairchild. foun-
der Of the company and board
chairman until 1916. was elected
chairman, Arthur +. Flood re-
signed as a director, executive
vice president and controller,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
FOREIGN EXcHcE

NEW YORK. june le OP.-Foreiru
exchange rates. Great Britain In dol
otherwise noted:
Comedian dollar in New YORK open
Im n1 ST, AZ per cent premium o.
gp 3L32 Of cent. Great Britain 30.
cent: g oTsst S fitsn " od slss future e
T Rras., 2s/S SS-a up ,,, Of q cent; Great
7-lss Of Vs'A cent; a'l seirium7 ,';;.nIsTT
cent; oermsns sw Vsntsa e sbeu q
markl %. 81: Holland (guilderD 26.4O
on OF Of a cent: Italy (liraJ 'f6h
q 9 cent; Portugal Jescudol $50;
s,y ,easp ,ssronsl 1924; switzerland
+. Latin America: Argentina Gree,
z; 43, up .02 Of q cent; Brazil free
Of 4 cent; Mexico sol: Venezueis
Far East: Hons Kons dollar I7.e2
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
B. q o. May Net Lays
~ Pet. Behind 1857

The Baltimore & Ohio Rail-
road had net income of S2.047,-
900 In May. q drop Of IL per
cent from May last year, the
road reported.
Net income for five months
Of this year was down So per
cent from the same 1857 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
Washington Gas Sales
Reach New Highs

Sales Of Washington 0ai
Light Co. in both May and the
first I'VE months Of this year
set new records for those peri
DDS, company figures indicated
today.
May sales totaled 2s,S2l.77s
therms. an increase Of 1928
per cent above l9.ss5,425 in
May last year.
Five months sales of 1884,
~, 555 therms were up 1888 pei
cent over 2ls.5e0,077 In the
1857 period.
The company had 36S,77S
meters in service on May 81
compared with 361,S42 on the
same 1857 date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

change. which now Il a branch
Of the Philadelphia Baltimore
Stock Exchange. He Is an active
member Of the American In
stitute Of Banking.
Charles A. Wells also has be-
come a registered representa-
tive with the dupont ONCE.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
Albert T. Haas Joins
DUPONT ONCE Here

Albert T. Haas. well known
in the financial district and
former board operator Of the
old Washington Stock Ex-
change, has become associated
with the Washington Office of
E. I.~duPont g. Co.. as a reg
istered representative.
A native Of Pennsylvania, he
started his career with the ex-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
Laurel Dairy Plant
Is Biggest In u. s.

With installation Of a 3s,-
000-gallon holding tank, the
Maryland q Virginia Mix Pro-
ducers Association reported
yesterday that its plant near
Laurel. Md. has become the
Nations largest milk-process-
ing facility.
The plant can handle $780,
900 gallons Of milk a day, de-
clared Homer J. Remsberg and
William B. Hooper, manager Of
the association.
Executives Of lending insti-
tutions which financed the
plant toured the institution
yesterday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

Directors Of the Citizens
Bank Of Takoma Park have de-
clared a quarterly dividend OF
rs cents q share. President H.
y. Carr reported.
Amounting to $500, the d.
vidend win be paid June 30 to
holders Of record June is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
p. BUSINESS
D. c. Used Cor Sales
Again Top Yeor Ago
~ DONALD d. HADLEY
star Financial Editor

For the second month IN sales Of used cars In the
District Of Columbia moved ahead OF year aeo during May
but new-car sales continued 10 lag
Title transfers barometer Of usedcar sales totaled l20i
In May compared with 40ot N May last year. Il reported
BY the Department Of Vehicles and Trac April
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
Robert Christie Admitted
To Duckett Law Firm

T. Howard Duckett and
Nicholas Orem. jr., announced
that Robert c. Christie has
been admitted as a partner in
the law firm which Mr.. Duckett
heads and which his father
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
ODD-LOT TRADING

NEW YORK, June 10 Op.-The New
York Stock Exchange reported todaj
these odd lot transactions BY principal
dealers for June IS; Purchases Of 233.,
0S6 shares; sales Of 224,160 shares In.
,luding 1.000 shares sold short
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
Security storage Votes
Quarterly Dividend

Directors Of Security Storage
Co. today declared q regular
quarterly dividend of 40 cents
a share. Secretary r. Z. Wind
ham announced.
The dividend viii be paid
July 10 to holders Of record
July 3 and transfer books will
be closed between those dates,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

Shares Of the Fund will be offered the public
mencing ON or about June 26. 1885, through group
Of underwriters headed by rAZARD FRERES & co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19
BALTIMORE
MARKETS
Quotations supplied by the
United States Agriculture De-

Quotations supplied by the
United States Agriculture De-
partment:
Cattle 500 and calves 200; receipts
will probably fall around 200 short Of
early estimate, supply made up Ct
10 per cent stockers and feeders ed s and
remainder mostly cows with moderate
per cent Of al classes arriving Tues
gay and WEDNESDAY; heifers virtually
ansent az slaughter classes moder-
active. stockers and feeders very SLOW,
led steers fully steady to strong. cows
iully steady TO strong. instances 26
cents higher on Gamers and cutters;
e t ssEns . OsS s :sd:r rs ess, , Ss
average choice $50. few SpV small lot,
standard and low good S42-llf0 ID
20 :0O-26 ~. 2 packages e0b.100e ID
commercial cows. 1g .O0-21 90. few head
high commercial % 100. Gamers and
cutters 16.75-1025, with light Gamers
S dow! e 70 I hS a Utility and eommercial
np: choice 10000 Is. veaie r;VS ss 1 %.
30 90, .good 2b.OQ-2s. 100, standard
22. Q0-25.00; I load 7o0 ID. medium
..I EOss ..I 500 r,d butchers oDsnsc slow
few head sows Is cents hisher, suppiy
mostly mixed lots U. 8. /, 9 and 4
10000 ID butchers. early sales these
1925 TO mostly $3.50, few head No
I-3 300-400 ID sows 19. 5O-2O.26.
Sheep 80; spring slaughter lambs
lots e0-100 ID good and choice sprine
slaughter lambs 24.5O-75, package az
ID utility 1000, package 120 ID util-
ity slaughter ewes $50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

founded more than half q CEN
fury aeo.
The new firm name viii be
Duckett, orem a Christie.
Mr.. Christie lives In silver
Spring and has been associated
with the firm. formerly known
a. Duckett. 0ill a. Orem, since
his discharge from military
service IN 1896 and until re-
Gently maintained the firms
Silver Spring ONCE.
vltro Laboratories
Receives Ar Contract
Vitro Laboratories. a division
OF vitro Corp. Of America. has
been awarded a contract by the
United States Air Force once
Of Scientific Research TO In
vestigate possible applications
Of the high intensity electric
arc TO ion propulsion.
The Vitro research will be
directed toward ion propulsion
engine types with exhaust
velocities between those OBJ
tanned by high voltage accelera-
ton Of low current ion beams
and those generated BY chem
ical fuels.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-19

registration statement relating 10 these securities has
been filed srifh the Securities and Exchange comHis
sion but has yet become effective. These securities
may nOt Be sold max offers be accepted prior to
The time the registration aGtenent becomes effective.
This advertisement shall constitute offer to sell
or the solicitation o. offer to buy nor shall there
be any sale Of these securities in any State in Hhick
such offer solicitation pr sale could be unaVuI prior
TO registration qualification under the securities
IaOs Of any such State.
Milford chronicle., 1958-03-28
Barbara Jean Spicer, Reporters
Chemistry Club News

Barbara Jean Spicer, Reporters
Chemistry Club News
We decomposed hydrogen per-
oxide using yeast as a catylist. to
form water and free oxygen. We
then tested the oxygen with a
glowing splint and found it burst
into flame. We thrust a small bali
of heated steel wool into the oxy-
gen and found it would burn in
pure oxygen.
Lois Hopkins, Reporter
Matt Club News
The meeting was called to order
by Bonita Porter. The minutes
were read and were approved as
read. Roll was called: three were
absent-Connie Biddle, Warren
Bader, and Wayne Melvin. Since
there was no old or new business,
the meeting was adjourned. We
worked on our pictures.
Patsy Cox, Reporter
Press Club News
One of our members, Janet Eve
lyn Smith, was married on March
16, 1858, to Joseph Gerald Wash
burn by the Reverend Richard
Gibson. The groom is the son of
Mrs. Mary ]. Washburn of Elias
vile, Texas.
Library Club
The meeting of the Library Club
was called to order by our presi-
dent, Brenda Banning.
The minutes were read by the
secretary and were approved. The
treasurer then called Cor the dues.
We discussed our trip to New
ark for the play festival.
Belvia Morgan reported on the
Sports Magazine.
Marie Hrupsa had report on
the scrapbook. Brenda Banning
made a report on the Kent County
Library Aides. Mrs. Cahall also
made comment on it. We discuss
ed the officers running for vice
president of Kent County. Brenda
Banning was elected to run for the
office.
The meeting was then adjourn
ed.
Senior Personality
Georgia Faye Spicer
Faye, as all her friends call her,
was born at Lewes on March IA,
1910. She moved to Harrington in
1941 and has lived here ever since.
Faye is taking the commercial
course at school. Her favorite sub
jects are English and shorthand.
After she graduates, Faye plans
to work for while as secretary
and then later to become a house
wife.
Milford chronicle., 1958-03-28

Faye has been in the Student
Council for five years. She has
been the treasurer, vice president
and now this year she is the pres
ident She is also president of the
Kent County Student Council. She
has been a member of the choir at
Trinity Church for six years.
Faye's pet peeves are French,
homework and people who call her
Georgia" Her favorite express
sion is Good grief" and when you
hear it you know Faye's not far
away.
Margaret Jean Moore
Margaret, better known as Peg
gy, was born in Harrington on May
10, 1910. She has lived in Harring-
ton all her life.
/ Peggy is taking the commercial
course. Her favorite subjects are
English and history. Upon gradu-
alton she plans to major in ele-
mentary education either at the
University of Delaware or at Sails
bury State Teachers College. She
has been a representative in the
Student Council for two years and
member of the Chancel Choir for
three years.
Peggy's pet peeve is homework
OF any kind" Whenever you hear
the expression "Wah-hoo," you can
be sure that Peggy is somewhere
near
She took part in the junior play
entitled Growing Palms." and also
in "State Fair"
Milford chronicle., 1958-03-28

Morris will agein conduct classes
in social dSncing, to be held on five
continuous Monday nights in the
Parish House of st. Peters Episco-
pal Church.
| The Esq Players of the Univer-
sity of Delaware will entertain the
Lewes School on Friday, May g.,
with their current production,
/ Beauty and the Beast. Mrs. Har-
old Wallis was appointed chair
man of overnight accommodations
for the performers.
The April PTA meeting will not
be held due to the spring vacation
still under way on the night of the
regular meeting date.
Miss Mary Ann Culver of the
University of Delaware will arrive
home on March 2Sth, to spend her
vacation with her parents, Mr. and
Mrs. Horace T. Culver, at their resi-
ience in Quakertown. Miss Culver
return to college on April 9Th.
G. Edward Wyatt, general chair
man of the Lewes Committee to
make preparations for the annual
VI LnS OCl-lhdI-Nd NOl-
unteer Firemen's Association, has
announced the dates for the big
affair, Monday, Tuesday and We'd
nesday, May IL, 13, IA. Aiding Mr..
Wyatt on the planning committee
are Samuel C. Pierce, William L.
Lowe, Jasper T. Wingate and Will
liam w. White, ii. Officers of the
local fire department, besides Mr..
Wyatt, include Donald Jefferson,
Eugene Hazard, William Backes,
Henry Baynum and William Lowe.
There will be a special firemens
night on Monday. May 18th, al the
Lewes Fire Hall, starting at $3.50
p. M, to get the activities under
way. Festivities and business meet
ings will continue through Tuesday
and on Wednesday huge parade is
scheduled, with over 5000 to be
given away as prizes to the visiting
fire departments. Complete arrange
ments are still to be made by the
committee.
The Lewes Lions Club will spon-
sor a trap and spec shoot starting
at loo p. M. on Saturday, April
~. The committee in charge are Ed
Papciak, Irving Gillis and Frank
Dickersoi. Turkeys. chickens and
many other prizes will be awarded
Milford chronicle., 1958-03-28

and are collecting pictures to put
in each food group.
Our room selected Michael Ho-
hel and Carolyn Porter to be in
the procession at the May Mart;
and Kitty Lou Burgess and Vickie
Hall to be in the dance.
Jerry Garey's brother, Robert
Carey, was our student teacher on
Wednesday of last week. 1t was
pleasant experience for all of us.
Robert Matthews, Reporter
Mrs. Mann's Sixth Grade
We had party on Mrs. Mann's
birthday. We gave her bouquet
of flowers. We all gave something
for the flowers. Janet Anthony,
Linda Smith, Nancy Harrington and
Susan Mcdonald brought in cup
cakes; June Thompson gave some
cookies; Lois Larimore brought
in candy; David Brobst-potato
chips, and Marilynn FARRELL a
cake for Mrs. Mann. We also in
vited Mr.. Mann. The party was a
great success.
We are now putting Easter pic
lures around the room.
Thursday we had half day of
school because of the snow pre-
senting transportation problems.
Janet Anthony and
Marilynn FARRELL, Reporters
Miss Norris Eighth News
Last Friday, March 81, the Var
sity Club held their dance. 1t was
held in the school auditorium and
everyone was invited.
Our activities in gym this week
consisted of Olympic sports. They
were: broad jumping, shot put, jaw
alin throw. and high jumping.
Lanny Simpson, Reporter
Mrs. G0Odwilps Eighth News
Many of our eighth grade stu
dents have caught cold from our
changing weather.
Ralph Wooters and