davidaulloa/AmericanStories huggingface dataset:
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05

Katherine Wozniak, daughter
of Mr.. and Mrs. Joseph F. Woz-
MAX, Fifth Ave, Chardon, be-
came the bride of Francis R.
Janek, son of Mr.. and Mrs. Jo-
seph Janek, Brakeman Rd., in
Hambden, Saturday.
Rev. James Walsh, pastor of
Chardon's St. Mary's Church,
officiated at the nine o'clock
services in the church decorated
with mixed flowers for the al
tar and white gladiolas for the
Blessed Virgin.
Music was provided by Mrs.
Rose Eardley, church organist.
The bride, given in marriage
by her father, wore a white
chiffon and lace floor length
gown and carried orchids and
carnations.
Attendants were Miss Arlen
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05
Ano~nce Engagement

Mr.. and Mrs. Oscar Irwin an
nounce the coming marriage of
their daughter, Barbara, to Mr..
Douglas Robertson, son of Mr..
and Mrs. Ralph Robertson, of
Hiram House Camp, Moreland
Hills, Ohio.
Miss Irwin is a fourth grade
teacher in Chester Elementary
School. Mr.. Robertson is a ply
sical education instructor of
West Geauga Schools and was
recently appointed head basket
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05

Continued from Page u

According to Werner a new
trial may be held or the case
may be dismissed. Dismissal is
dependent on whether the pros
ecutor feels he has enough evi-
dence to try the case again.
Bates, 81, father of two child
rem, lived in cambridge at the
time the alleged incident occur
red. He was found guilty to kid
mapping a three-year-old AmiSh
girl, Barbara Byler, daughter of
Mr.. and Mrs. Adam Byler of
HuntSburg.
While awaiting the decision
of the appeals court, Bates has
been living near Geneva with
his wife and family. He is work
ing as a salesman at the pre-
sent time.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05

ball coach.
Miss Irwin graduated from
Baldwin Wallace College and
was a member of Alpha Xi Del
ia sorority. Her fiance is a gra-
duate of Hiram College and is a
member of Phi Gamma Epsilon
Fraternity.
The wedding date has been
set for June ii at 7:3O pm. in
the Parkman Congregational
church. Everyone is cordially
invited to attend.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05
Ex-Che5tey Couple
Mark Annlpgrayy

CHESTER - Mr.. and Mrs.
claude A. B a + Der of 2253
Smith Rd., Akron, will welcome
friends at open house on June
8, from 2 to 5 pm. to observe
their 5Oth wedding anniversary.
Mr. and Mrs. Barber were
born in Geauga County and liv-
ed in Chester until their mar
riage when they moved to
Cleveland.
Mr.. Barber was a telegraph
operator for New York Central
Western Union.
Later they moved back to
Chester and he worked for the
Dean Dairy. They moved to
Akron in 1912.
Their one son, Norwood H,
also lives in Akron.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05
Open House to Mark
Wednts Anniversary

CHESTER - The children of
Mr.. and Mrs. Albert Wendt,
Chesterland, have announced,
open House" in honor of their
25th wedding anniversary.
This will be at the home of
their son-in-law and daughter,
Mr.. and Mrs. Frank Tursic Jr.,
1705 Wilson's Mills Road, Ches-
terland.
The date is Sunday, June 8
from 2 to 5 and from 7 to 9
pm. All relatives and friends
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05
Personals

Mrs. Howard Richards left
Huron Road hospital Tuesday,
where she recently underwent
surgery, and is staying at the
home of her parents, Mr.. and
Mrs. Carl Shaw, S. Hambden
street, for a few days. Her
daughter, Mary Beth, finished
her school year in Columbus
last Wednesday and has also
been staying with her grand
parents.
Mr.. and Mrs. Clyde Fuller of
Munson and Mr.. and Mrs.
Ralph Babcock of Willoughby
were supper guests of Mr.. and
Mrs. F. c. Babcock on Memoir
ial Day celebrating the birth
days of Mr.. Fuller and Ralph.
Mr.. and Mrs. Louis Wright,
Woodiebrook Rd., entertained
at family dinner on Memorial
Day for Mr.. and Mrs. Al At
wood, Mr.. and Mrs. Al Sharp
and daughter, Scheila, Mr.. and
Mrs. Tony Marco and their two
children also the Wright's son,
Garry with his wife and baby
daughter.
Mr.. and Mrs. G. Ralph Hanna
entertained at a family picnic
at their cabin on Memorial Day.
Their guests were Mr.. and Mrs.
Harold Cutter of Cleveland, Mr..
and Mrs. Ralph L. Hanna and
their three children from Wads-
worth, Mrs. William Hanna and
Mrs. Grace Truman. Their son,
Ralph, and family stayed over
night and their grandson, David,
is still with them. Bill Hanna
was away over the weekend in
Canada with Chad Thrasher and
some others.
Mr.. and Mrs. William Young
and family were guests Memoir
ial Day at the home of Mr.. and
Mrs. William Walls in Mentor.
Jean Allyn, daughter of Mr..
and Mrs. Anderson Allyn, is
home on a ten day vacation
from Duke University. Jean is
in the school of nursing and
will then return to school for
a six weeks summer term.
Peggy Chain, daughter of Mr..
and Mrs. J. Thomas Chain. is
expected home from Ohio Uni
versity today for a short vaca-
tion before starting summer
school at Kent State University.
Don Trask, son of Mr.. and
Mrs. Glenn Trask, returned
home Saturday for a short vaca-
tion from Case Teck before re-
turning for the summer term.
Judy Helser, daughter of Mr..
and Mrs. S. A. Helser, Joyce Bi-
can, daughter of Mrs. Thora Bi-
can, Beverly Opper, daughter
of Mr.. and Mrs. William Opper
and Carol Pitschmann, daught-
er Of Mr.. and Mrs. Carl Pitsch-
mann are all home for summer
vacation from Grove City Col
lege, Pa.
Mr.. and Mrs Harwood Skin
ner will go to Oberlin Friday
morning to attend the com
mencement exercises of Oberlin
College on Monday, June 8,
when their son, Bill, will re-
ceiVe his degree in chemical
engineering. From Friday thru
Monday they will attend the
many activities planned by the
college for graduation week.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05
Announce Marriage

CHESTER - Invitations have
been received for the wedding
of Ralph Kneale Jr., son of Mr..
and Mrs. Ralph Kneale, Caves
Road, Chesterland and Rose
mary Wanko, daughter of Mr..
and Mrs. Stephen Wanko, of
Cleveland.
The wedding will take place
at seven-thirty o'clock in the af-
ternoon on Saturday, June 21.
at the Church of the Savior
Chapel in Cleveland.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05
Chester Woman Hosts Sorority

stick of achievements and
were rated a three star chapter.
Plans were made for a picnic
with husbands as guests. This
will be held on June 81 at the
home of Mrs. Albert Lewis in
Mentor.
During the social hour sur
prise showers were given Mrs.
c. Michael Spiesman and Mrs.
Arthur Phillips.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05

he was a member of Phi Delta
Theta fraternity.
They will be married Satur-
day, August 80 in the Fowlers
Mills Community Christian
Church, and will live in Canton.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05

CHESTER - On Wednesday,
May %, Mrs, Stanley Dunlap
entertained the Iota Rho Chap
ter Beta Sigma Phi at her home
10 Glenhill Drive, Chester
land. Sixteen were present all
coming from Lake County. Co.
hostess was Mrs. David Rex.
The club reviewed the Yard
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05
Coming I"s~h

Thursday, June S
KIWANIS CLUB, Geauga
County, will meet at 7 pm. for
dinner in the MontVille Fire
Hall. Mr.. Harold Sauerbrei of
public relations department of
the Cleveland Browns will pre-
sent the program.
Friday. June 6
FISH FRY will be held at st.
Mary's Church Hall, 400 North
St, Chardon, from II am. to
8 pm. Proceeds will go toward
the school building fund.
WOMEN'S RELIEF CORPS
will meet at 2 pm. at Memorial
Hall
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1958-06-05

Diana was graduated from
laurel School and attended
Ohio Wesleyan University.
Her fiance was graduated
rom Allegheny College in
Pennsylvania, where
Arkansas State press., 1958-04-04
Urban League
Extends Drive

At is regular meeting. Tues
day, March 18th. the Urban Lea
CUE Board extended its fund
raising drive for two weeks n
order to complete collections for
its 1858 budget. The finance re-
port revealed that only 100000
had been raised Of the Leagues
Sl5.OoO.O0 budget.
The Urban League is appealing
to individuals and groups who
have not contributed to the cam
paign to do so at the earliest
possible time. It is appealing to
those who have contributed mod
estly to increase their contribu-
tons 50 that it win not be nee
essary to curtail any program ac-
Invites.
The Urban League is an edu-
cational agency which works for
better race relations and helps
people find solutions to common
problems.
Its community services pro-
gram embraces many areas Of
life II refers persons needing
welfare assistance TO the proper
agencies. In vocational guidance
the League encourages young
people to stay in school and to
become useful members OF the
community. 1t works with public
and private officials to expand
housing and to bring informa-
Arkansas State press., 1958-04-04
Marche


Mrs. c. Brown
A large, enthusiastic crowd
turned out to hear and see the
first performance Of the Shaw
school rhythm band. composed
OF only the first and second
graders under the direction Of
Mrs. Bernice POrchia. The Ma
jOrettes are Vernessa Motion,
Eloise Seay, Sharon Robinson,
Sophie n. Bryant. Janice Grant
Shirley Jean Haynes. and Serena
Hutchinson. Linda Faye White
was flag girl. Other participants
on program were Mrs. Delma
Jones. Mrs Genieve Young, and
E. Hutchinson. Mrs. Gneva Per-
Arkansas State press., 1958-04-04

ton On plans to those persons
affected by urban renewal pro-
jects and other neighborhood in
progement programs.
Members C both executive and
advisory boards are stepping up
efforts to reach a5 many groups
and individuals in the community
as possible. Please call the Ur-
ban League office, Franklin
1852 and some one viii come
for your contribution.
Arkansas State press., 1958-04-04
Why Good Time
Charlie" Suffers
Uneasy Bladder

UuwiEe eating or drinking may Be a
Source Of mild, but annoying bladder irri-
tatiOns making you feel restless. tense.
and uncomfortable. And il restless nights.
with nagging backache. headache or mus
cular aches and pains due TO over-exertion.
strain or emotional upset. are aiding %
your misery-dOn't waIt-try Doau's Pills.
Deans Pills act g ways for speedy re-
lief. They have a soothing effect on
bladder iFritatiOus IA fast pain-relisE-
ing action on nsgTing backache, head
aches, muscular aches and pains. "A
wonderfully mild diuretie action thru the
kidneys. tending 10 increase the output Of
the - miles Of kidney Tubes. So. get the
same happy relief millions have enjoyed
for over 60 years New. large. economy
slze saves money. Get Deans Pills today
Arkansas State press., 1958-04-04
Lucky Cab Driver
Gets II Grands

NEW YORK CITY-It pays to
be h1nea and turn IN sl1 200
Thzs's Uhat cs5 driver Harold
Perie belIeved-and MS bunch
pad of When he was awarded
he Sli-zoO EFF il the back Of his
cab. Petrie says Tammany lead
= Carmen Dc Sapio had been
driven = q downtown hotel and
e found the money Immediately
after78ard- That wa months a
80 but DeSapio would not claim
e 70 claim 7 would have caus-
81 many questions 70 Be- asked
some rather embarrassing.
Petrie- s.. and happy over his
tremendous gain. says he viii
spend Il quickly
Meanwhile. 3 claim against the
money by u year old Wal
Ter Robinson. was dismissed
He had sought 70 prove that the
money was part OF an estate OF
the late Mrs. Josephine Norcum
who died n 1923 Citing i was
collected between 1918 and 1920.
Robinson lost his case mostly on
those ground The Judge. Arthur
Klein. examined the money in
detail n mis- chambers and found
the dates On the dollars We're
1884 and afferWard.
Arkansas State press., 1958-04-04

stationed at California is here
visiting his mother and relatives.
Pilgrim Rest church is spon-
soring an Easter play Sunday
night. An Easter program will
be held at LIT. Nebo church SUM-
day. An egg hunt will be
sponsored by Antioch and Zion
Wheel churches Sunday. Mrs.
Ethel Coffe @ Detroit returned
home after visiting her mother,
Mrs. Ocla Sims. Mrs. Rosetta
Anderson OF Carblo. Washington
IS here visiting her nephew, Fred
Akin. On the sick list are
Mrs. Lula Johnson. William King.
3. < Williams and Rev. Dozier.
Arkansas State press., 1958-04-04
Miss NAACP Asks
Probe of White
Citizens Council

JACKSON Mz-Tae sAACP
ia Msslssppz has responded % a
proposed stale legislative pFU5s
o IL activities b asking 10 N
investigated 3 TIE White Gil
zezs Councils.
4 rez1laEisa SIT . ths state
legislature b fae =EAACP urged
the general legislative inVeslgz-
ilz committee % lock into TIE
White Citizens Councils me-
thad4 mez1z aad ultimate pr.
pose ne EAACP sd 4 was
asking Tor tie Investigation b.
cause g is Obligation I help
eliminate un-Ameslcan activities
The NAACP resolution asserted
hat Citizens Councils meetings
have presented speakers who a.
lezedly made utleEanees that aezs
inf1anmatoFy Z ths extent =
melting Ies3 rational individuals
ard groups 70 commit murder
and other forms C violence
The Councils have indicated
that their purpose : % deny
Negro citizens their constitutional
nights the NAACP resolution
stated. and a 3 result Of Coun-
els activity economic pressure
has been brought = bear against
Citizens who have advocated
justice and fair play
Arkansas State press., 1958-04-04

kins vas emeee. Mrs. LOWE A
Pace. pre8denet. Al club Of
fIcers Of Shaw school attending
tie council meeting at the court
house March 3 were Mary 10
Wright. president Louis Hutchin-
son. reporter. and MOrdean Faye
Taylor. song captain. Plans were
made for the club rally which
viii De held April IT a. the Com
munity Center. Mrs. FKence
Grant is home after spending
sometime IN the hospital.
Arkansas State press., 1958-04-04
Composer of ST.
Louis Blues Dies

v { Handy. s years Oh a.
nous composer Z many songs
dled Izs week l. TIE Ssdeahzzr
hospital u Ven York CRY. where
- made rs hsns after leav-
~ MenPis II ne early tszz-
tlas
Handy Esz campo@r Of thz 5.
LOUIS Blues whzeh has become
tie mast popular y the blues
s5nzs H vas sls0 composer %
many cher NeIIkh0sn blues hrs
as well as many classic numbers
Memorial services we're co.,
Quoted 70 hlm n Memphis We'd
nzsdsy. where he wzs kn0En As
TIE Father O. ne Blues He
w=Iu be buried n Mex York City.
Arkansas State press., 1958-04-04
Camden
Matte Nixon

AlaIlle NIXON
The eleventh quarterly session
!. met At First Union Baptist
church. was well attended. We
trust that it will continue 80.
Rev. z. A. Porchia. pastor. Rev.
5 Morris. moderator. hrs.
Victor Trip and two sons mo-
tored from Detroit 70 visit her
sister, Mrs. Vassie Jackson. who
va hospitaIized N the Ouachita
county hospital She left last Fri
day for her home. Mrs. Gym
thia Childs passed March % in
Little Rock al the home Of her
daughter after a lengthy illness
She was the widow Of Jace
ChiIds who preceded her IN death
20 vars ago. They were both
charter members Of Zion Hill
Baptist church, and pioneer citi-
zens Of this city. Survivors are
two daughters, one granddaugh-
ter. one great grandson, two sens
in-law and other relatives ana
friends
Servant OF God. well done
Rest from thy loved employ
The battles taught; the VIC
tory's won
Enter thy Masters JOY.
Arkansas State press., 1958-04-04
TATE


I'm the year in the interest of the Publishers
Founded by L. Christopher Bates, May g, 1871
Arkansas State press., 1958-04-04
CTOsseff


Ronald Watson
Gates Chapel A5FE church. Rev.
II Z. Bro0kfns. pastor. held Is
Sunday School contest March 81
The youth Of the church had
charge Of tae entire days ser
vice beginning At $50 q =. with
the Sunday School n the eleven
O'Clock services Gates Chapel
youth choir was assisted by the
youth choir Of First Baptist
church. Rev. c. r. Ramsey. pas
tor OF Pleasant Green Missionary
Baptist church delivered the ser
mon.
The afternoon services consisted
Of musical selections. and reading
by talent o. the city. Tom Thumb
wedding eliminated activities for
the day.
LIES JOURNEY
Life IS Ike a journey taken On
train
With a pair Of travellers a. each
window pane
! may Sit beside you al the jour-
ncy through:
Or l may sit elsewhere never
knowing you.
But il fate should mark me to sit
by your side,
Then let's be pleasant travellers
together;
Because it's such a short ride.
Arkansas State press., 1958-04-04
Sweet Home
Cleo Caldwell

Cleo Caldwell
Dolphus Jones has returned to
the service, and is stationed at
Fort Hood, Texas He is the son
Of Mrs. c. Jones. The Devils
funeral was preached at the
Crater Zion Hill Baptist church
By Rev. w. NJ Gates The mis-
sion band was in charge. Mrs. 3.
Arkansas State press., 1958-04-04

Jones sponsor Hrs Rosie Manuel
president Re-. " c Porter. pas
to. Revival 5 nov being held
a. the Greater Zion Baptist
church Rev. : BoseT 5 TIE
minister Hrs Almeter San
ders. Mrs Ora Gates and =.
Miller are G the sex Isl. Mr.
Miller 5 II the Baptist hospital
Arkansas State press., 1958-04-04
College Station
Virginia Halter

IT IIIId IIatECH
Corporal Allen Taylor, who vas
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-17
BUSINESS
BRIEFS

Freight carloadings for the
week ended January IL totaled
569. 444 cars. This was 97.695
cars above the preceding holi-
day week but Ill. 1872 cars below
the corresponding week a year
ago.
Bituminous production for
the week ended January IL was
estimated as about S.7O5, 900
net tons. against l0.250. 900 tons
for the same period a year ago.
National Coal Association.
Heavy construction contract
awards during the week ending
Monday advanced TO 1919. 940.-
900 from sl70.9s6.000. Awards
totaled s334.976 900 for the cor
responding week a year ago
Engineering News-Record and
Construction Daily.
Motor vehicle production
this week will consist OF no.
SAG cars and 1906 trucks.
compared with l20.l40 cars
and 1929 trucks last week and
i45.76l cars and 22l.l5l trucks
in the like 1857 week.-ward's
Automotive Reports.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-17
CHICAGO GRAIN


CHICAGO. Jan. II R.-orain IN.
lures prices were stalled on or near
dead.eenter IN early DEALINGS on the
boArd OF Trade today.
Several contracts failed TO budge
from 'esterdays closes in very liehi
trade AZ the start Dealers said the
market lacked any incentive to give
y much direction and that most OF
the transactions were on orders
through commission houses
one elevator concern which was q
fairy heavy buyer Of corn yesterday
was In on the selling side today
following word that cash receipts Of
the grain In Chicago amounted 10 40
cars, . heavy. onerine fol. q Friday
Near the. end Of the. ifst hour wheat
was Z. cent lower TO a. higher, March
iiis; sSts I lover, I March H ssysi
rye unbalanced TO " higher March
,.1is; soybeans UNCHANGED to "A lower,
January SEGA y and lard 4 cents
lower TO \ cents higher per hundred
pounds January | 40.
Althopgh some traders said they
expect Developments in WASHINGTON to
have marked bearing on day-to-day
prices durlHg the next several weeks,
at least, Others expressed belief the
market already has pretty well &C..
commodated itself TO President Eisen-
hower's proposed farm program.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-17
Stocks Decline,
Aircraifs, Oils,
SteeIs Down

NEW YORK. Jan. II R-
The stock market retreated in
moderate trading early this
afternoon.
Pivotal stocks dropped frac-
tons TO q point or more.
6teels. Rircrafts. oils, rails
and coppers were well below
yesterdays closing prices while
motors. airlines and building
materials issued were mixed.
The opening was active as
the market continued It's down.
ward trend Of late yesterday
after the enthusiastic early
rise on news OF lower margin
requirments. Prices slipped q
bit. more then held fairly well
at the lower levels.
Business and industrial news
continued to be drab and Wall
Streeters noted that there was
nothing In the market flnda-
mentals TO prolong the shot-in-
the-arm resulting from reduced
margins.
Lukens Steel. Goodyear.
Zenith and Douglas Aircraft
were among the worst losers.
dropping more than Q point
each.
Corporate bonds were mixed
in dull trading.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-17
CIeurunces
Push Sales,
Top 81 Mark

NEW YORK. Jan. II R.-
Dun q Bradstreet reported to-
day that the volume Of retail
sales over the United States
during the week ending Wednes-
day was somewhat above
that Of the corresponding 1857
week.
Total dollar sales were esti-
mated at unchanged TO 4 per
Gent higher than a year ago on
the basis Of spot checks. The
trend was attributed to "con-
tinued clearance sales promo
tons"
The weekly Dun a. Brad
street survey showed most no.
ticeable gains In purchase Of
linens. mems apparel and fur
niture. Also listed above last
years sales were sales of lin
ems. major appliances. televi-
sion sets. women's cloth coats,
accessories and dresses. lingerie
and children's clothing.
Dun a. Bradstreet regional
estimates OF sales compared
with 1857: South Atlantic up 2
to 6 per cent West North and
South Central up to S per
cent. New England, Middle At
lantic and Mountain unchangCt'
TO up I per cent; East North
Central down I 20 up ; per
cent. Pacific Coast down 3 TO
up per cent. and East South
Central down 5 TO down ] per
cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-17
CHICO LIVESTOCK

CHICAGO. Jan, II - gusDA' =
mostly IS hieher; instances up more
on xeiEhtS under $50 lbs: late and
eloslns trade slow only steady 20
strong; sows scarce 81 to 30 higher
over so per cent Of receipts sold for
eeipts: % lea o30-lh. butchers 10 30
1898, several lots mostly IL these
weiehts 10 sS-aaOO: IS head mostly
Is .Oo-22o lbs. sorted for grade
a0.c5. a-3 340-260 lbs iS7S-la "a
a few lots l-s SSSo;soo lbs, 1900
gcs w. 1928 ,nd above 4 few lots IS
mixed srade 4oO-5S0 lbs. SONS Is. So
10 so: 330-40O lbs. i6.s0-i1 90.
Salsole cattle 500. calves 100;
SLAUGHTER steers and heifers scarce
strons cows active mostly IS higher;
and prime mess fsoo.i a Is seer Ges saSiss
q few lots eood and choice 800
$3.50; good 0s5 lbs at $3.50. Q
few seed and choice heifers 80 OO-
$500; q few utility and commercial
cows Is Oo.l 80; Gamers end cut
s tsTs IL EGi S9 SG sS Si sn s and
anc choice vesiers IS 0o-:ii 90: stand :
ara co.0O-es 90: q few lisht eulls
ssleble shse, 500; not enough Of
anv class on sale 70 test prices. all
classes steady in q cleanup trade. eooc
and choice Nooled lambs no lbs and
down y s0-23 90; eull END utility
: 0O-ei 90: good and choice wooled
slanehter ewes S0O-l0.00. Gull and
utility 650-S.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-17
Loan Fund Sets
Interest Rates

Interest rates charged by the
United States new Develop
ment Loan Fund will range
from 3ia per cent TO 534 per
cent. according TO an an
nouncement today by Demp-
ster Mcintosh. director Of the
fund.
The Soviet Unions loans to
uncommitted nations have been
offered at interest rates av-
eraging pa per cent.
The DLF was set up by Con-
gress last year with a $500
million capitalization to lend
dollars to underdeveloped ma
tons for projects the rest of
the worlds financial commun-
ity rated as risky"
Mr.. Mcintosh, who was the
United States Ambassador to
Venezuela before taking the
DLF job. said interest rates
viii depend on the type Of loan
being made.
OUTLAWS for nonprofit-making
projects will draw interest at
3l2 per cent and up. Those for
profit-making enterprises will
generally parallel those of the
Export Import Bank. at 5l3 TO
6s4 per cent.
DIP loans viii have longer
terms for repayment. however,
than comparable Soviet loans.
The Kremlin usually requires
repayment In IL years. while
DLF loans can be repaid in in
stallments UP to 20 years.