davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13

music lovers In the Nations
Capital.
The two artists presented q
top-noteh program which in
cluded. as well as the magnifi-
cent B fat fiddle sonata of
Mozart and the easy-to- take
Hindemith. q fine piece by the
American composer Paul Fetler.
Mr.. Fetler's music is unassum-
ing. witty and automatically
written-it made an excellent
foil to the Mozart which pre-
ceded 1t and the Vieuxtemps.
which followed.
Violinist and pianist were ex-
ceilently matched. and except
Tor the old warehouse by vieux-
temps. where Miss Tolson was
reduced to the role Of striving
valiantly to cope with a rather
unsatisfactory piano reduction
OF the orchestral score. both
contributed equally to the sue
cess Of the program.
The YWCA's Sunday after
noon music hour Is something
OF an old institution. Every now
and then. something much bet
ter than usual is presented
such as yesterday. When that
happens land it Is not very
difficult to predict from a per-
usal OF the Sunday music cal
endar). It Is a shame to see so
few people present. First-rate
recitals are not that common.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13

Julia Smith. pianist. COM
ocser. and author Of a recent
book on Aaron COPELAND. i'm
parted tokens Of her knowledge
Ct the American composer and
a recital Of most Of his piano
compositions to an audience at
the Corcoran Gallery yesterday
afternoon.
In her remarks. interspcrsed
among the piano pieces. Miss
Smith spoke psrceptively Of the
phases of Copland's devslop-
ment. From the Twenties wh-n.
as a young student in Paris. he
utilized elements OF French
po'ytonality and American Jazz.
through a middle period. with
his use Of concentrated disso-
nance. the technicues OF "se-
rial" music (related to the
"twelve-tone" system Of COM
positicn). and the application
Of principles Of "pointillist"
painters to music. to the later
phases Of his writing. which
have been two-fold in style and
purpose.
One Of Copland's later trends
has been toward music having
strong connections with the
stuff Of American folklore.
chiefly through ballets. includ-
ing Billy the Kid" "Rodeo. -
and Appalachian Spring "
This music has been calculated
to court favor for the modern
American composer, and 1; has
been eminently successful.
COPELAND has been able con-
sciously to channel his more
serious efforts as an artist to-
ward pieces in abstract forms,
including a piano sonata. a
piano fantasy. his third SYM
phony. and other works. These.
while they compromise little
with popular tastes. have syn
thesized all his styles. even to
the qualities-described by Miss
Smith as warm and human
most closely associated with his
musical Americana.
Miss Smith played enec-
lively. II a little unsurely at
times. and she spoke inteili-
gently. with concessions OBJ
viously necessary to a nom
profession audience. I found
her explanations OF technical
devices basically tantalizing In
their necessary brevity and
more than a little tricky. But
II. under the guise OF appre-
citation. they won friends for
COPELAND. a composer whose
music eventually will speak
widely for itself. then the lee
ture-recital approach will have
been well justified.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
FOREIGN EXCH'GE

NEW YORK. Jan Is OT.-Foreign
exchange rates, Great Britain In dol
lars. others In cents unbalanced unless
otherwise noted,
Canadian dollar IN New YORK open
market II. per cent premium or
l0l IS United states cents up 3f32.
Europe Great Britain tpoundl
50 Slas. up ls: 30-cay futures : sos.
up l.: 60-day futures 2.1pss. I'D
lf32: a0-day futures S79ia. Up fle:
Belgium franc 100, of 90 f16;
France franc a37s Germany West
ernl Deutsche mark $3.50: Holland
(guilderl 90 IS, off OF a; Italy Cliral
i6L Portugal fescudol 8 so: Sve-
den Ckronal 1884; Switzerland
9ranel (free) % "a Denmark Ckronel
IA SO.
Latin America: Argentina (freel
ga. Brazil tireel ] 10; Mexico Sol
Venezuela tholivar) 30.o3.
Far East Hons Kong 1875 Up ,05.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
NEWS OF MUSIC
BY DAY THORPE
Star Music Critic

Vienna On Parade" a var
iety entertainment from Aus
tria. came to Constitution Hall
yesterday afternoon. bringing
as its main attraction the
Deutschmeister Band. con-
Quoted by Capt. JvliuS Herr
/. mann. 1t is a brass ensemble
Of about thirty pieces which
plays music wonderfully. It's
repertoire doesn't have much
variety. being mostly marches.
,waltzes. polkas and so on. but
the color and appeal of the IN
believable Viennese Tilt and ru-
bate that Caps. Hermann
commands mekes apparent how
seldom one hears good perform
. ances Of this type OF music in
this country.
Only the surroundings we're
out Of place. The Deutsch-
meister Band should be heard
In a park with laughter and
10000 liters Of beer-it never
plays sit still and be quiet
music.
In second place on tire pro-
gram. according 10 my taste.
was a chi'dren's choir from
Gumroldskirchnsr. 1t has been
estimated that 65 per cent OF all
European BOYS and girls be-
tween the ages Of I and IS h We
visited Washington during the
last 10 yesrs as sond-anc-
dance groups. Winsome chill
dren are as sure-fire today as
Jenny Lind was yesterday. The
Gumpoldskirchner children
danced and sang simple melo-
dies. They make no pretense
Of being a highly trained group
like the Vienna Choir Boys or
the Little Singers of Paris. but
they have great charm and
were a fine foil to the bend.
The rest Of the show Is diff
hcult TO explain. for while the
band was extraordinarily mu-
steal ard the children were de-
lightful. the cafe singers. either
player and the Grinzing
Schrammel Ensemble all were
pretty poor stuff. giving one
the impression that they were
the property OF an entirely diff
ferent impresario. Hedy Fassler
and Gertrude Freedman are
beautiful girls. but their sing
ing and acting is not very good,
they were more decorative than
artistic as was their male
counterpart. a tenor by the
name Of Erwin Won Gross.
We should invite the Deutsch-
meisters back to town this
summer. set them up in the
big bandstand at Glen Echo
or some pleasant sward in Rock
Greek Park. Then enjoyed along
with Malvern and stems of
beer. our visitors could regale
ms with Strauss and Lehar and
Won Suppe forever.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13

William de Pasquale and
Margaret Tolson were heard in
an absorbing hour Of music yes
terday afternoon at Barker
Hall, unfortunately by only a
scarce two dozen people.
Mr.. de Pasquale is one Of the
most brilliant young violinists
currently In Washington,
equipped with a rich full tone.
exceptional technical control
over his instrument. and q very
evident innate musicianship. OF
Miss Tolson's merits as a pianist
1t Is hardly necessary 70 speak
they are well known TO most
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
YOUR
MONEYS WORTH
Funston Talks About Stocks
~ SYLVIA PORTER

his family and q suficient
nestegg in cash or United
States savings bonds to give
him a reserve against .emer-
gencies. In view of the I'M
certainties about business. cor
poration profits and stock
prices, what advice would you
give him now?
A. ! think this man need not
consider the short-term out
look in the stock market. He
could have properly bought
stocks six months ago. he can
properly buy today and he can
properly buy six months from
today.
9. You suggest what to him?
A. He should first decide
what his investment detectives
are. He then should choose a
responsible broker and ask him
to recommend appropriate Sc
curitieS that will help him
achieve his detectives.
@. And he should ignore the
business downturn. other I'M
certainties?
A. His broker will take busi-
ness conditions and prospects
into consideration when he
recommends securities to him.
He might suggest this man buy
stocks or bonds or a combina-
ton Of both.
@. How much speculation is
there in stocks today?
Very Little Speculation
A. Very little. In fact. I
think there is less than there
should be. II you define a spec
ulator as q trader who gets into
and out Of a stock within a 30
day period, then only about 10
to is per cent Of all stock
transactions by the public are
transactions by Spectators.
@. What about frauds in the
stock market?
A. That's one Of our problems
keeping Swindlers out Of the
securities business. It's frus-
trating to think that no matter
what We do. there always are
some people who want to buy
a gold brick and we can't stop
them.
@. So you're promoting stock
ownership as aggresSively as
ever?
A. Absolutely. II a person
believes in the long-term fu-
ture Of the country. and has q
long-term program, buying
sound stocks regularly makes
sense.
Distributed 1858. By The Hall syn.
dictate. Inc. AL Rights Reserved)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13

In the few seasons that
Donald Portnoy. Jon Engberg
and Gene Akers have peen
working together as the Pro
Arte Trio. they have developed
their ensemble into one Of the
too few first rate chamber
groups in the Washington area
In their Phillips Gallery pro-
gram yesterday afternoon they
gave impressive evidence Of the
strides they have made since
the last time this reviewer
heard them a year or so back
Yesterday, articulate phrasing.
sensitive tonal balance and
technical precision contributed
to a performance which was
always clean and exact. Added
to this were a brilliant en-
semble tone and buoyant style,
ideal for the music at hand.
Technical slips and poor in
donation we're so few as to be
negligible and will. in future,
surely become even fewer.
Beethoven's "Kakadu" varia-
tons made a happy curtain
raiser. These variations on
Wenzel Muller's late 18th CEN
fury singspiel air Itch bin der
Schneider Kakadu" represent
Beethoven as a mature master
OF the variation form. but they
still have enough youthful
vigor TO earn them a greater
popularity than they have yet
received. The Pro Arte's per-
Torrance left little to be de-
sired.
The Walter Piston Trio,
which came next is a work OF
clear and classic line and COM
pact organization. The har-
monte idiom is less austere and
more Immediately appealing
that much OF the composers
chamber music, but then the
trio is more than 20 years old.
The slow movement. like so
many slow movements OF the
neo-classic Thirties. Is afflicted
with a very earnest sounding
aimlessness which leaves one
with the impression that the
composer wanted desperately 70
say something Of vital impor-
lance. but Just couldn't think
OF anything TO say. The fugal
finale is cleverly, albeit self
consciously devised. but II Is In
the virtuoso first movement
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
Guardian Federal Extends
Growth During Year

Assets Of Guardian Federal
Savings and Loan Association
reached a new high OF sl0.i0l.-
7i2 on December 81, compared
with $7.597.742 a year earlier
and s4,754.937 just two years
earlier. a report from Marin
Zuesse, executive vice president
and secretary. showed.
Invested savings also rose TO
$9.062.999 on December 81.
compared with S6.7l6.965 a year
earlier and $3.85S.377 at the
end Of 1855.
Mortgage loans totaled So
955. 329. compared with SIPS
.o76 a year earlier and $4,070,-
S05 two years earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
Boy Born to Singer

HOLLYWOOD. Jan. - R.-
Singer Monica Lewis and Jen-
nings Lang. vice president Of
Music Corp. Of America are the
parents Of a baby boy. born
Saturday night. II was the first
child for the couple. who were
married January /, 1855.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
By the Associated Press

IF you believe in the long
term future of this country
and ! do believe in il and
have no doubts about it-then
buying stocks in well-managed
companies makes sense.
"A person in a proper flnan-
cial position to buy should have
a program for acquiring stocks
over a period Of time regardless
Of the markets level at a par
ticular time. :"
Above are a couple of the
remarks Keith Funston. presi-
dent of the New York Stock
Exchange. made to me in a
private talk the other day.
In 1857 the most prolonged.
most spectacular bull market
in stocks in all history came to
an end. Between July and
October. prices-measured by
the Dow-Jones average of
industrial stocks-plunged 100
points and billions Of dollars
in stock values were wiped out,
Funston Questioned
II was against this back
ground that I went to inter-
view Mr.. Funston and to ask
questions that suspect are
on your mind as we'll as mine,
@. For years. the New York
Stock Exchange has been car
rying on an aggressive drive to
encourage average people to
buy stocks Have you been Sc
verely criticized by lots of peo-
pie since the stock market
break?
A. Nc. Our mail and research
indicate that investors are TAX
ing the stock decline very me-
turely. 1t has been a great
source OF reinsurance TO us 70
find that people generally fully
understand that they took some
risks when they bought stocks
and that temporary swings
against them are bound to take
place.
@. You mean interest In
stocks is as great as during the
boom?
A. The yardSticks say so
There has been no decline in
buying Of stocks under monthly
investment plans. Mutual funds
and investment clubs are still
growing. Buying in odd lots
tin blocks Of stock under 100
shares) is holding up. These
are the indicators Of public
interest in stocks.
protection Comes Uirst
Q. Assume q man has ade-
quate life insurance to protect
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
& WHEELS
By CHARLES YAReRoUeH

The Air Transport Associa.
ton, deep in the CABS fare in
vestigation hearing with mas
sive Recommendation for fare
raises. moved deity on two
other fronts last week.
Both we're on Capitol Hills.
At a jet-age briefing for the
Monroney Aviation subcommit-
tee. ATA's vice president STAN
ley Gewirtx cited more than
once the $2.5 billion in Jet air.
craft contracted for by the
major airlines.
"At any time. a dwindling
profit margin is a matter of
grave concern but when IL
comes at this time. the last
year before the beginning of
the Jet revolution and its at
tendant costs" he said. "the
matter could well be calami-
tous."
About the same time, before
the House Military Operations
subcommittee. Alta President
Stauart G. Upton was speaking
OF the availability Of this new
Jet fleet to the military.
The airlines now have almost
300 planes in the Civil Reserve
Air Fleet which may be called
into military service within 4s
hours should the need arise.
OF the present feet available,
Mr.. Gewirtz pointed out that
II the Air Force had to main-
tain this defense reserve, II
would cost about $3.50 million
"initially just to acquire the
GRAF fleet and an additional
$3.50 million to annually main-
tain its readiness"
Last week. Theodore Har-
deem. jr.. administrator OF the
Defense Air Transportation Ad-
ministFatiom estimated that the
tentative ALLEGATION Of CONNER
cial aircraft to GRAF will total
300 by June 80 OF 1859.
The American Automobile
Association is warning District
motorists Of the SO perils Of
failing to notify the Depart
ment Of Motor Vehicles OF a
change in address. About l,50C
forgot last year and paid 81
fines. the AAA points out.
II a car owner has moved
without notifying the depart
ment. the registration renewal
notice will not be forwarded 10
the new address. When the
time comes for renewing the
registration. the motorist is re-
quired to pay the fine before
obtaining new plates.
Virginia and Maryland resi-
dents also are required to notify
the Department Of Motor We
hicles Of address changes.
-
New private pilot examina-
ton guides. stressing basic air
manship. have been developed
by the CsSh Of examinations
branch and are available
through Che Superintendent Of
leDcurrnrts. Government Print
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13

a new peak Of $3,278.924 from
81. 997 ITO.
Record assets Of Se4.226, 600
at the end Of 1857 were well
above $8l .228. 900 q year earlier
and contrasted with $46.946 600
at the end Of 1913. first full year
after Equity Corp. acquired con-
troll 81 Union Trust and merged
it with the Citizens Banks Of
Washington.
Deposits also were at a new
high Of s75.528, 900 on Deem
Der 81. compared with $72. $780,
900 a year earlier and s42. 032,-
900 at the end Of 1913.
Loans and discounts Of S40,-
054 900 compared with $50, 472.-
900 a year earlier and were
about two and a half times a
total Of $685. 900 at the end
of 1913. Capital funds OF S.
TOT 900 were ahead Of S5,468. :
900 a year ago and compared
with $4,000 In l948.
Earnings Of 1921 a share in
1857 and $2.73 a share In 1856
contrasted with net Of Sl.67 a
share in 1913. Dividends
amounted to SITS in 1857 VS..
Sl.65 in 1866 and rs cents in
1913.
Book value Of the stock on
December 81 was $3.50 a share
compared with $27.34 a share
a year earlier and $20.03 at the
end Of 1913.
Distributed Just prior to the
annual stockholders meeting
tomorrow noon. the report
showed that interest paid on
savings accounts rose to S67i.-
900 from $4,000 in the previ-
Gus year and compared with
$l52.000 in 1913.
Salaries rose to $1,000. 900
from s954.000 in 1856 and
$623.00 in 1913.
However. interest received
from loans jumped to s2.370.-
900 from $2.l54.000 in the
previous year and $s94.0o0 in
1913.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13

Reserves amounted to 1854
952, compared with $174.596 at
the end Of 1856 and $l17.82l at
the close Of 1855. Advances
from the Federal Home Loan
Bank totaled $4,000 on De-
cember 81. compared with
100000 q year earlier and
100000 at the end Of 1865.
Moore Urges Reduction
In Reserve Requirements
William H. Moore. chairman
Of Bankers Trust Co. in New
York. today called for a re-
evaluation Of commercial bank
ing's reserve requirements TO
help the banking system con-
tinue to meet expanding credit
requirements Of a growing
economy.
Mr.. Moore. who is we'll known
here. made the statement in the
banks annual report mailed TO
stockholders.
He told stockholders that
1.-THE system Of reserve require
ments has become outmoded
in many respects" and added
that required ratios are not
far below what they were in
the late l930s when the econ
omy was depressed and a ire
inflow Of funds from
abroad had resulted in a huge
volume Of idle hank DEPOSITS .
Federal Reserve member
banks are REQUIRED currently To
keep from IL per cent to 20
per cent Of net demand deposits
in the form Of non-interest
bearing balances with Federal
Reserve Banks. Mr.. Moore said
a reduction in these percent
ages would bring the ratios OF
the American banking system
more closely In line with those
Of major banking centers
abroad.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13

ing once. Washington. for rs
cents.
CAA Administrator James T.
Pyle calls the new exam a real
challenge" but lauds 1t as one
which will turn out better pi-
lots.
Not too many years ago. get
ting a private license was about
like testing for an automobile
drivers license. Be able to read.
drive around the block without
mishap and park it.
=
The B r. Goodrich Industrial
Products Co.. has developed a
rubber expansion joint to elm
mate the rhythmic road shocks
which are sometimes sleep-pro-
ducing to motorists.
The Joint permits as much
as three inches of contraction
and expansion in the highway
or an airport runway while
keeping the rubber flush with
the surface.
It was originally developed
for the Jones g. Laughlin Steel
Corporations new pre-stressed
concrete highway and is now
being designed for use on
bridges and approaches.
80
Burton English becomes Air.
craft Industries Associations
new director Of public relations
In a change under which Hill
and Knowlton is retained as
counsel with its resident staff
shifting over to ALA payroll.
Avery McBee. vice president of
tHill and Knowlton's Washing
ton stan, will be principal liai-
son. j. Alex Ormsbce, former
ly with the Air Transport Asso-
citation and The Washington
Daily News, has Joined the Ar
mold Engineering Development
Center, Air Force Research and
Development Command at Tul-
lahoma. Tenn. Two other
Alta changeS-C. B. Newman
new assistant director Of the
Association military bureau:
Ralph y. Theile new director
Of cargo trafiic. . . American
Motors is Offering a new air
suspension ride for all Rambler
and Ambassador models for
$3.50. The French Morane-
Saulnier four-place jet execu-
tive plane being sold by Beech
Aircraft Corp, goes for $780,
600, about $4,000 under the
price figured in 1865 when II
was first shown here.
Northwest Alrllnes piled up
three passenger records over
the January AS week end for
the highest marks in the lines
24-year history. "A used car
reconditioning school for Pom.
tiac dealer personnel begins at
the Fairfax General Motors
Training Center February g.
Trans Caribbean Anyways
has ordered q Douglas DC-s To
cut New York-Puerto Rico fly
Ing times TO three hours. :.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
BUILDING RISES WITH FIREWORKS

and pungent scherzo that this
work has stood up best.
Memberships d minor Trio
is a glittering masterpiece Of
the trio literature ana the Pro
Arte fairly sparkled when they
used it to conclude a thor
oughly gratifying afternoon.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
National Bank Assets
Near S1l6.5 Billion
Moore Urges Reduction
In Reserve Requirements

Total assets Of national banks
amounted TO nearly Sll6.5 bill
lion on October IL. 1857. re-
ported Ray M. Gidney. Con-
troller Of the Currency.
Returns covered 4.64l acti-
vecnational banks and the total
was up S3.7 billion from the
amount reported by 1854 active
banks on June 6. 1857.
Deposits OF sl04.4 billion on
October II were $3.l billion
higher than in June. Net loans
and discounts Of S49.9 billion
were UP SIS billion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
Tax Equality Association
Opens Capital Offices

The National Tax Equality
Association Of Chicago has
opened Offices at 1000 Connec-
ticut avenue NV. it was an
nounced by Vernon Scott. ex-
ecutive vice president.
Leo Cullinane. formerly with
Julius Klein Public Relations.
has been named publicity di-
rector for the association.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
Admiral Distributors
Plans Open House

Admiral Distributors Of
Washington will hold open
house for the display Of new
1858 lines TO dealers at the
firms showrooms at 2046 West
Virginia avenue NE. on
Wednesday through Friday.
The daily hours will be from
9 am. to 9 pm.
William Oppenheim. general
manager. said refrigerators.
freezers and air-conditioning
units. will be included in the
displays.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
julio Smith Provides
lnsiehts Into Copeland
By FRANK G. CAMPBELL
contrshut.ns Critic

julia Smith, pianisi-leciurer Cor
coran Gallery OF Art program, The
Piano Music Of Aaron Ccpland. Pas
saeayiia: Sentimental Nelody Blues
No. 4 The Cat and the Mouse. III
ano Variations. Four Piano Blues:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
oi-Thl-Lone Gifts
Unsuited to Program
BY Wendell Margrave
Contributing Critic

Louise Thai-Thi-Lsng. pianist. Al
ehe National GALLERY Of Art Pro-
gram. Ballade Opus 10. Faure;
Bonata In p Minor, Opus 81. ree-
thoven: Andante Spianato and Pol
THsiv. Y VARIATION, ton o 5n philD Opn
AR, Thai-Thi-Lang; Chinese New
Years Festival. Thai-Thi-Lang.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
De PosquoIe Gives
Top-Notch Recital
BY IRVING LOwENs
Contributing Critic

william de Pasauale. violin: Mar
aaret Tolson, piano. Barker Hall.
Program: Sonata in r, Hindemltii:
Sonata n D nat. X 454. Mozart:
ESSAY Air, and Caprice, Fetler:
SoneLeto No > In A minor, Opus
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-13
'' ~ BUSINESS
Union I rust Co. Reports
Record Assets, Profits
BY DONALD b. HADLEY
star Financial Editor

Union Trust Co ended another year with net earn
ings OF $6S260l 50 share for 1857 s54
o4 or $23 share In the previous the report from
President Lnwood 2, Harrel disclosed today
Operating income a high SIS from
M s4 In the previous and operating climbed