davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07

that from a 500 increase In
personal exemptions.
Senator Douglas. Democrat
OF Illinois. has proposed either
increasing exemption from $500
to $500 or giving everyone a
$50 tax cut by lowering the rate
on the first bracket. He said
either step would produce So
billion in tax relief. He also
proposed repeating some of the
excise taxes.
II a prompt pump printing
Of the economy by increased
spending is to be attained. any
tax reduction would have to
provide for lowering the with
holding taxes this year.
Another aim of tax reduction
would be to stimulate invest
ment in the Nations industrial
plant. In business circles 1t is
argued that the way to get a
boom going is to cut taxes on
corporations.
There is excess plant capac-
ity in many lines now. But If
defense expenditures on the big
scale called for by the Rookie
Teller report are adopted. addi-
tional plant would certainly be
needed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
RetoiI Buying
Rises Slightly
Over Nation

NEW YORK, Mar. 7 (R.-
There was a modest rise in
consumer buying this week and
total dollar volume equaled
that of the similar week last
year, Dun & Bradstreet report
ed today.
Total dollar volume of retail
trade in the week ended We'd
nesday ranged from 2 per cent
below to 2 per cent higher than
year ago, the firm said.
Consumer purchases of small
electrical appliances rose con-
Siderably over the prior week
and a year ago. This was at
tributed in part to cancellation
of fair trade policies by some
manufacturers.
An upSurge occurred in the
buying of women's spring ap-
parel with principal gains in
dresses. fashion accessories,
coats. Sportswear and millinery.
Although interest in mems
suits, hats and furnishing ad-
vanced somewhat from a week
earlier, a slight year-to-year
decline in overall volume pre-
vailed.
Sales Of children'S apparel
moderately exceeded those of
the prior week. Automobile
dealers reported a moderate
rise in the call for new passen-
ger cars, but noticeable year.
to-year declines prevailed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07

shopping severely and a busy
Washington's Birthday rush at
the close was a partial Offset.
Downtown sales were 10 per
cent ahead Of the preceding
week.
The latest weeks sales pick
up reduced the year-to-date
decline for both area and down.
town stores to 4 per cent. In
four weeks ended March /, both
area and downtown sales were
6 per cent behind a year ago.
In the Baltimore area the
latest weeks sales were up an
impressive l18 per. cent from
the snow week and were "a
per cent ahead of a year ago.
Downtown Baltimore sales
were 1913 per cent above the
previous week and 26 per cent
ahead of a year ago. For the
year to date Baltimore area
sales were down 6 per cent
while downtown Baltimore sales
were off 8 per cent.
For the entire Fifth Reserve
District. of which both Wash
ngton and Baltimore are part,
sales in the week ended March
] were 80 per cent above the
previous week and IL per cent
ahead of a year ago. Those
for the year to date were of
: per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
Lower Discount Rates
Reflect Market Trend

Further reductions in dis
count rates of Federal Reserve
Banks at New York, Chicago
and Philadelphia recognize the
steady easing in money and
credit conditions.
Approval of these cuts to
"a per cent from pa per cent
by the Federal Reserve Board
last night returns rates to levels
Of November, 1855, before
tight-money conditions forced
an advance which was to carry
rates to a peak of 312 per cent.
Latest reductions, effective
today. apparently mark the be-
ginning of a third round of
cuts which began last Novem-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
Small Business
Group Selects
New Officers

The National Small Business
Mems Association, which has
headquarters here and is plan
ming a full membership meet
ing at Hotel Statler April
1914, has elected Harry E.
Brinkman Of Cincinnati, presi-
dent. it was announced today.
Mr.. Brinkman is president of
the Cincinnati Lithographing
Co. and has been vice president
Of the association. He succeeds
L. M. Evans Of Fort Lauder
dale, Fla, who became board
chairman.
John A. Gosnell Of Washing
ton, was named executive Sec
rotary of the association as
well as general counsel. Miss
Margaret X. Robson of WASH
ington. will continue as assist
ant secretary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
.STARGAZING
By FRANCIS P. DOUGLAS

If Congress is to provide q
tax cut this session. who will
get 1t and how much will it beP
The situation has far from
jelled. But the interest OF many
tax experts is focused on pro-
posals to split the bottom
bracket of taxable income and
tax the first $1,000 at a rate
lower than the present 20 per
cent.
One tax lawyer described
such proposals as hot"
There are also proposals to
increase the personal exemp-
ton OF each individual.
Another suggestion is to give
every taxpayer a credit - say,
10 per cent-on his tax bill as
a one-shot proposition. To get
around the difficulty of raising
taxes once lowered. the credit
would be on a special line or
section of the tax form to en-
phasize its temporary nature.
4 4 4 4
Because of increased defense
spending. the matter of a tax
cut was kept in allowance
earlier in the year. Then fur
ther slides in the economy
brought the matter to the fore
again. This occurred particu-
larry with the report that the
total of jobless had jumped to
40 million between Middle
cember and mid-January.
Some economists who testi-
ned before the House Ways and
Means Committee urged no cut
at all in view of the need for
revenue. Or they have suggested
that any decision on taxes wait
on a final decision by Congress
on the defense budget. If that
ends up substantially higher
than the sum President Essen
hover proposed. some hope that
in itself will block a further
recession.
Proponents of lowering the
tax rate on the first $1,000 or
$4,000 of taxable income figure
It would stimulate consumption
and give the economy a shot in
the arm. Benefits would flow
up through the higher brackets.
although with diminishing eff
feet Low income groups, whose
living costs take about all they
earn, presumably would spend
the entire tax cut ON consumer
goods.
Representative Kean, Repub-
lican of New Jersey, has intro
duced a bill to cut the 20 per
cent tax rate on the first $1,000
Of income by 10 per cent and
On the second $1,000 by S per
cent. 3s
Another suggestion is to cut
the rate on the first $1,000
from 20 per cent to Is per cent.
1t is estimated the tax relief
would be larger than
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
SEC Is Granted
Temporary Order
In Stock Case

A Houston court has issued
a temporary restraining order
to halt the offering or selling OF
shares Of Universal Service
Corp, pending hearing on a
motion Of the Securities and
Exchange Commission for a
preliminary injunction.
In its action in Houston. the
SEC has charged violation of
the anti-fraud and other pro-
visions of the Securities Act
Of 1888 and seeks to .enjoin
the company as well as Bert
Thompson. Claude NJ. Brook
shire, Donald Peters, j. Thomas
Kelly and Leo w. Krall. all
company officials. from violat-
ing provisions of the act.
The company filed a state
ment with the SEC in 1855 and
Proposed public offering of
100000 shares of its common
at $3.50 a share. The SEC
challenged the accuracy and
completeness of its disclosures
and the amount of the Offering
later was reduced to 100000
shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
Barber & Ross
Reports Record
Sales for 1857

Barber & Ross Co.. S2-year.
old building supply firm. had
record sales of $4,980.038 in
1857. a gain Of around IL
per cent from $4,489.520 the
previous year, President S. Ross
Lipscomb reported today.
Pointing out that 1857 sales
also were AZ per cent greater
than in 1855. Mr.. LipScomb
predicted company volume this
year will at least equal the 1857
record.
Net income for 1857 was
$58.573 after taxes and were
equal to around $7.81 a share
on 1000 shares of outstanding
stock. This compared with
$56, 022 in 1856 when a tax loss
carryover from previous years
was included.
The firm moved into new
general offices, store and hard
ware warehouse at 1928 Fourth
street NV. in october. 1857.
The new quarters increased the
firms space about three times.
Because of substantial cost
Of its expansion program. the
firm plowed profits back into
the business and declared no
dividends in either 1857 or
1856.
For nearly 81 years the COM
pany has been supplying mate
rails for builders and contrac-
tors in this area. Its DEPART
ments include: structural steel.
hardware, millwork and pre-
fabricated homes. 1t now en-
ployes around 230 persons. an
increase of 10 per cent from .
year ago, Mr.. LipScomb said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
CHICO LIVESTOCK

CHICAGO. Mar. Z GP, CUSDAD.--Sal-
able hogs 5000: fairly active: closed
slow: very uneven; weak to 50 lower,
mostly 25 to IS lower on butcher sowS
steady to weak; instances % lower.
improved shipping outlet; no slzable lots
Is 2OO-230 Id butchers available; l-2
lots these weights scarce: 2-3 19O-240
10. butchers 20. 50-20.S5; q few lots
lbs 2O0-225 lbs. most sorted for
A grade 2O.S3-21 90; 35 head No. 70
2I5 lbs. closely sorted for grade u %;
% 250-290 lbs. 20.00-2O. So few
lots IS up to 800 lbs down to 1880:
larger lots mixed grade 425-550 10.
sows II 75-1Si5: a few lots 33O-40O
salabie cattle 500: calves 100; not
enough steers and heifers to test prices;
small salable supply largely cows: &C
tive and steady to strong; bulls steady:
vealers weaka: stockers and feeders
steady to strong sprinkling good and
choice steers and mixed yearllngs
25 n0-2S. 80; a package good $50 10.
mixed yearlinRs 20 90: utility and com:
merciai COWS 65O-lS.50; Gamers and
cutters IA 5O-l6.75: utility and com.
mercial bulls l9.00-22 80: good and
choice vealers 2S.00-32 90: standard
grades 2O.OO-2S.O 90; Gull and utility
10 0O-2l 90. a few medium and good
stock steers 23.0O-25. 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
Central Charge
ExtendsGrOWfh,
Votes Dividend

Central Charge Service is
continuing its steady growth
and directors have declared a
dividend Of SO a share on Class
A stock, is was announced
today by j. P. Stakeholder,
executive vice president.
The dividend covering six
months ended February % was
paid March l to stockholders
OF record February %. The
organization has paid Sc a
share a year for the last two
years.
Central Charge. which re-
Gently added Peoples Drug
Stores as client. now serves
more than 800 stores in this
area. compared with $50 it
started with November /. 1852.
It's clerical staff has grown
from three to 81 and its quar-
ters on an entire floor of the
former Barber and Ross Build
ing at $40 Eleventh street NV.
are many times the size Of the
original Offices at 513 Eleventh
street NV.
1t handles around 10000
active accounts FUSED within
six months) and Mr.. Stede-
houder estimated between SIS
and 10 per cent Of these &C
counts are used every month
The Cos Office is open seven
days a week, from 9 am. to
10 pm. on weekdays and also
from 10 am. to 6 pm. on
Sundays in order to take care
OF clients such as drug stores.
Cos several months ago
established a scholarship at
American University in honor
of Milton ElSberg. president of
Drug Fair stores, which became
the organizations first drug
store client.
The scholarship was estab-
liished on the 21st anniversary
OF Drug Fair and provides
$275 to help q student PLAN
ming a career in marketing or
market research.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07

frozen into the economy, and
this enhances the longer term
potential for common stocks,
comments Francis I. du Pont
d Co. in a current review.
Despite the current recession,
the purchasing power of the
dollar continues to decline. il
declares.
Folger. Nolan, Fleming-W. B.
Hibbs & Co. is distributing a
new price list of tax-exempt
issues. 1t includes new WASH
ington Housing Authority bonds
priced at l0ll "a to yield $50 per
cent.
Bache g. Co. has compiled
an interesting review of Union
Carbide.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07

Der. Demand for loans. which
far exceeded available funds
during the tight-money period.
apparently has fallen back to
more normal levels.
Discount rates are paid by
reserve member banks who
borrow from regional Federal
Reserve Banks. They follow
general market conditions fair
ly closely.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
Bethesda Merchants Plan
Rally for Promotion

Rally for Promotion
The Merchants Council OF
the Bethesda Chevy Chase
Chamber of Commerce will
hold a Merchants Promotion
Rally at the Hiser Theater in
Bethesda at $50 am. next
Thursday.
Charles HeSton, chairman Of
the council, reports merchants
will be invited to join in a
mutual promotion program for
the entire Bethesda Chevy
Chase section.
President Stanley r. Green
of the Chamber emphasized
yesterday the meeting is not
restricted to members of his
organization and that all mer-
chants in the area between the
District of Columbia line and
Rockville will be welcome.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07

the Shirlington Shopping Gen.
ter on March 9. 1913, the COM
pany has accumulated total re-
sources of $10,l97.707 and just
last year moved into new and
larger quarters equipped with
the latest in service equip
ment.
Customers have been in
vited to visit the bank Monday.
Cake and coffee will be served
in the lobby.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
'3 n BUSINESS
Areo Store Sales Jump
10 Pct. Above Year AGO
BY DONALD b. HADLEY
star Financial Editor

Department sales in the Washington Metropolitan
Area 10 per cent above in the week ended
March and around record levels for this time of data
from the Federal Reserve Bank of Richmond disclosed today
Area sales also cent from the previous week
ended February o. when heavy at the start crtaed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07

NEW YORK. Mar. 7 1P:-spot nom
ferrous metal prices today: Copper
33S5 cents pound. Connecticut
Valley. Lead Is cents pound. New
YorS. Zine 10 cents q pound. East 81.
Louis. Tin 95Is cents g, pound New
YORK. Foreign silver sSss cents per
froy ounce, New Yor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
U. S. Accountants to Hear
DR.. willard ]. Graham

DR.. Willard j. Graham. we'll
known educator and director of
the executive program at the
University of North Carolina.
will address the Federal Gov
eminent Accountants Associa-
ton at a dinner meeting next
Thursday night.
The speaker will discuss
methods used in his highly sue
cessful courses for executives,
first at the University of Chi
cago and later at Chapel Hill.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
Apparel Store. Mr.. Earl.
To Be Opened by Klein's

Klein's. Inc. will open their
newest women's apparel store
on F street near Thirteenth
street NV, Monday.
Known as Mr.. Earl. the new
store occupies a completely re-
modelled location. Klein's plans
two more stores in the next
year. the firm reported.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
George Wyland Of Acacia
Sets Company Record

George Wyland. chartered
lite underwater and leading
1857 producer for the Acacia
Mutual Life Insurance Co.
Washington branch. has set a
new company-wide sales record
SO far this year by turning in
more than 81 million of new
business.
The S8-year-old agent placed
81 100000 of business in the
one week endAd February IA to
raise his 1858 total to nearly
$1.190,000. This was better
than his 1857 record Of
81, 152,340.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
10th Anniversary Planned
At ShirlingtOn Trust

Shirlington Trust Co. in
nearby Arlington will celebrate
its 10th anniversary Monday.
Since opening for business in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-07
Imitation Factor Called
Favorable for Market

Indications are that much Of
the postwar imitation has been
The Nome nugget., 1958-06-11
TVS Biggest Money Winner Adds $1O,5O0 More To Total Prizes

NEW. YORK, R- Elfrida Won Nardoff, biggest money winner in TV quiz show history, pushed her total to $248,00O Monday night.
 The 32-year-old Brooklyn wo- man returns next week to NBC's "Twenty One" with a 1O-O lead over Herbert Hulse, hotel clerk and lawyer from Goldsboro, N C. Time ran out on their game last night.
 Earlier, Miss Won Nardoff added $1O,5OO to her winnings by defeating Wolfgang Weissleder of New York City, a patent at torney and marine architect. Their game involved questions on fictional romances and class ical composers.
 Miss Won Nardoff blanked Weissleder 21-O.
 She said she plans to continue on the program as long as her spirit holds out"
 Under federal income tax laws assuming Miss Nardoff's deduc- tions are in the normal range, she would pay close to $200,000 on her winnings at this point. Also, if she loses on Twenty One," some of her winnings will be deducted.
The Nome nugget., 1958-06-11
Alaska Finances And Prospects
 Good Says Council

Members of the Alaska Legis- lative Council meeting at Nome this week have been informed that Territorial revenues are coming in at an encouraging pace but that there are some soft spots in the finance picture.
 The fiscal report on present conditions and prospects was made by Council Director Henry J. Camarot as the legislators opened public hearings for a long-term study of Alaska's ifs cal situation.
 According to the report, re- ceipts of "ear-marked" monies for special programs were exceed ing expectations as the Terri tory neared the halfway point in the biennium. However, general fund revenues were about $1 mil lion short of what had been an- ticipated for the 1957-59 biennium but this has been compensated for by the $1,300,OO0 received to date from oil and gas lease revenues. Although an addition al $1,750,0O0 is expected from this same source by the end of the biennium, it may be needed to balance the general fund if the regular tax sources do not meet the original estimates.
 Commissioner of Education Don M.T Dafoe has advised the Coun- cil that it will be necessary for his department to seek deficien- cy appropriation of over $1 mil lion as soon as the 1859 Legis- lature convenes. Early predic- tions of budget requests for all territorial agencies for 1959-61 will total between 50 and 55 mil lion dollars.
 Looking ahead to increased in come from oil and gas sources, the Council recommended an atti- tude of cautious optimism. Phil R. Holdsworth, territorial com mission of mines, reported in letter to the Council that in the immediate years to come the Ter ritory can reasonably expect oil and gas lease and royalty income to be as follows:
The Nome nugget., 1958-06-11

This estimate of annual income made by the territorial depart ment of mines does not include possible development of oil and gas resources in the Gubik area.
The Nome nugget., 1958-06-11

Yes, she's never off duty in guarding family health. She balances the family diet, takes the children for their "shots," !" p-ods her husband to get his annual checkup,
 But what about her health? Caring for themselves is the greatest gift women can give their loved ones.
 So don't delay - see your doctor about your checkup. It's "living i1ssuroRce" against cancer. AMERICAN CANCER SOCIETY
The Nome nugget., 1958-06-11
Let me tell you what l save

Just like lot of other people, putting off buying though needed one. Then found what my Plymouth dealer offering in the way of low prices and really big trades.
 Mister, when l what 1 saved knew there putting off any longer Got for my old car than believed possible. Plymouth dealers need used and sell all they get) Got terri6caly low price the new Plymouth and choice of models besides hard tops, sedans convertibles, wagons
 And saued cool $40 on the ride alone! PIymouths topluxury ride TorsonAre Ride, is standard
The Nome nugget., 1958-06-11

cost while you have pay up $40 for the top ride of competing "low-price 3"
 What's more, got the that proved save me gasoline by thinning tue 1858 Mobagas Economy Run A with Sver Dart Styling that far ahead right it will still be worth when trade With the kind of easy handling that makes every minute of driving down. right thrill! The stamina to stand up without naggng adjustments and big repairs much better built os H is better looking!
 Any wonder quit waiting? Take my tip :. get your Plymouth bargain right now
Diario las Américas., 1958-04-27
Fiesta de Inauguration del
Citizens Federal Continuara
HASA ell Dla UItin1o de Mes

I'm 80 por ciento de los cuales
han sido reinvertidos en- ell area
local en- prestamos asegurados
por hipotecas.
Ademas de los regalos que Sc
hacen por cada nueva cuenta de
ahorros alberta por la suma de
$50 o mas, cada dana recibira
TN collar de perlas de fantasia y
los caballeros una phma, como
recuerdo de su vista al nuevo To-
cal.
Ademas del senior Stuzin, CO.
mo presidente, los demas oficia-
les del banco son S. F. Daniels,
vicepresidente executive Y teso-
zero; Leo j. Adeeb, primer vice.
p~residente y secretario; Robert
I. Boyer, secretario auxiliar y
official de prestamos; Jean S. FL
kin, secretaria auxiliar y jefe de
sucursal; Kenneth r. Kinard, te-
sorero auxiliar y auditor; W.
Bentley Glass, jefe de %anuncios
y relaciones publicas; y Lura Ro.
we'll, "head teller. OILS Directo-
res son, Leo Adeeb, J.W. BarfielS;
C. c. Coensparger, S. F. Daniels,
Charles Hertzoff y David Stuzin.
Diario las Américas., 1958-04-27

Luego de que mas de 1000
ypersonas asistieron ell sabado pa
sado a la Inauguration de la nue.
va sucursal del Citizens Federal
Savings and Loan Association de
Hialeah, en- Ell 1896 Palm Ave, ell
senior David Stuzin, presidente
de la institution, anuncio que Sc
extendera las actividades de
Inauguration hasta ell dia ultimo
de mes, para dar cabida a los
centenares de personals que no
pudieron disfrutar de la festiva
ocaSiol.
"Nuestra Hueva sucursal, -di-
10 Stuzin- ha sido establecida
con miras a proportional mejor
servicis a las crecientes necesi-
dades del sector norte de
Hialeah''.
La recientemente estab1ecida
sucursal es la primera del Citi-
zens Federal, que abrio por pri-
mera vez al publico en- julio de
1852 con Tin capital inicial de
$250,000 y en- la actualidad ope-
"a con un respaldo economico de
mas de Is millones de dolares,
Diario las Américas., 1958-04-27
Memae del OK tNsAsI ManusI Alvarez MarseRNes
A las Federaciones EstudiantiIes
de Cuba Y Ia 0posici0n en- General

tuarse en- este plano significa con-
vertirse en- I'm colaborador mas de
la dictadura que oprime a nuestro
pueblo.
5. La union es una necesidad
imperative que reclama nuestro
pueblo y sin ella nunca lograre-
mos derribar al tirano. Con ella,
lograremos inspirar eonfianza has
ia a las propias fuerzas armadas
de nuestra Patria que hoy, por
nuestra desunion, sin entusiasmo y
sin fe en- Ell future apoyan
al regimen. Consequences. tam
bien ell apoyo moral de todos los
democratas del mundo y mas inn
portante que TODD este, ell respaldo
pleno de nuestro pueblo para de
una vez y para siempre erradicar
de nuestra Patria esa semilla de
tiranuelos que estamos padecier-
do.
Miami, Fla, "a de abril de 1885.
Manuel Alvarez Margolles
Elk Coronel del Ejercito de Cuba.