davidaulloa/AmericanStories huggingface dataset:
Diario las Américas., 1958-03-29

Dos dias despues contra ell Kan
sas City este joven de S pies II
pulgadas y ITO libras, que no esta
nj siquiera en- Ell roster de los Reds,
hizo un trio desde 10 profundo del
right field a ~tercera, para poner
out a Mike Baxes que Sc dirigia
a esa base con un sencillo largo.
En- ell mismo encuentro, pego un
home run a 800 pies por sobre la
cerca del right field.
SUPERMAN-
10 unico que temo es que a es-
tie muchacho lie den ell tratamien-
to de "Superman' dice ell mana.
ger Birdie Tebbetts. "Cuando los
fanaticos en- Cincinnati comien
cen a OR las cosas que hace Pin.
son, van a pensar que es un gigan-
tie de 6 pies 4 pulgadas y 300 IL
bras de peso. Prefiero que espe.
rem algo'meno y reciban una agra
dable sorpresa'.
Diario las Américas., 1958-03-29
Archie Moore Manifesto |ntenoi6n de Arriesga
TltuIo Semi Pesado Frente a Ray Sugar Robinson

SAN DIEGO, Clifornia, MARIO %
(UP)-Archie Moore, Ell veterano
campeon mundial de los semipesa-
dos, manifesto dispuesto a
~"arriesgar" SUI titulo ante Sugar
Ray Robinson, Ell campeon mum
dial de la categoria Immediate in
ferior.
Cuando estaba en- su apogeo,
amos atras, Robinson aspire al IT,
tulo semipesado y desafi6 al en-
tonces titular Joey Maxim, pero
fue derrotado y luego de clio Sc
retro.
Moore, acostumbrado a noquear
a pesados, tiene comoda experien-
cia con hombres mas livianos que
Diario las Américas., 1958-03-29
SUGAR HART
DERROTO A
CH. SMITH

FILADELFIA, MARIO % (UP)
Garnet Sugar Hart vencio ano-
che por nocaut tecnico en- Ell octa-
vo asalto de una pelea pactada a
10 a Charlie (Tombstone) Smith,
clasificado cuarto por la revista
Ring" en- la categoria de peso
Welter.
Smith, que peso AS libras y me-
dia dos menos que SUI adverse
rio combatio con ell ojo derecho
cast completamente cerrado desde
ell quinto asalto. FL arbitro sus-
pendio la pelea tres asaltos des-
pues porque Hart cerro ell otro
ojo a Smith.
Diario las Américas., 1958-03-29

"Ray lego a la conclusion -di-
jo ell abogado- de que como SUI
bolsa total de su primera pelea
con Basilio, en- septiembre pasado
excedi6 de los 100000 d6lares, no
tiene por que considerar una can
tidad menor en- cualquier defensa
del titulo".
En- setiembre Robinson defendio
SUI titulo ante Basilio, en- tanto que
anteanoche en- Chicago Sc 10 ARE
bato despues de cerrarle I'm oio.
Como campeon recibi6 en- setiem-
bre Ell As por ciento de todos los
~ingresos, mientras que como desa-
fiante recibi6 ell 30 por ciento. Su
bolsa por ell combate del martes
es de 256,469 dolares.
Ell campeon recibira ahora solo
la mitad de SUI bolsa. Ell. resto 10
recibira en- Quotas sobre I'm perio-
do de cuatro amos, a fin de pagan
menos impuestos. Este procedi-
miento 10 siguen los grandes as
tros de Hollywood.
Entire tanto, Carmen Basilio con-
tinda internado en- I'm hospital de
Chicago, sometido a tratamiento
especial en- ell ojo cerrado a gol-
pes.
NUEVA YORK, mario % (UP).
Ell promoter londinense Jack So
lemons ofrecio al campeon mum
dial mediano Ray Robinson un
combate a 10 vueltas, sin exponer
SUI titulo, con ell ex campe6n Ran
dy Turpin. Ell match Sc haria ell
10 de julio en- Londres. Ese dia
Sc cumplira ell decimo a~niversario
de la victoria de Turpin sobre Ro-
binson en- pelea realizada ALI.
Diario las Américas., 1958-03-29
Confla Aston en- su Pitching Staff
Para Ganar Pennant de Ia Tenn orada

ell Montreal en- 1887 tras ellos. Los
Dodgers tratan de hacer I'm cam
bio per I'm catcher pero las pers-
pectivas son pobres.
81 Snider Sc recupera de SUI le-
sion en- la rodilla ell outfield ten
dra a Gino Cimoli en- ell left y Flu
rillo en- Ell right. 81 Snider otro
hombre llave en- los exitos de los
Dodgers en- los ultimos amos no
puede comenzar en- ell center CT
moli sera pasado ALI con posibi-
lidades de que Guilliam normal
mente I'm segunda base pase al
left field.
Diario las Américas., 1958-03-29

De concertarse 81 encuentro Sc.
"a ell tercero entire ambos. Turpin
: despojo del titulo a Robinson en-
la oportunidad senalada, pero dos
meses mas tarde Robinson 10 re-
cupero en- Nueva York.
Solomons Sc declare en- condi.
clones de satisfacer las pretensio.
mes monetarias de Robinson en- pc
lea en- que no ~arriesgue Ell titulo.
Turpin no puede hacer va la cate
goria mediana.
Diario las Américas., 1958-03-29
Cooper Gano
ell Trofeo
Seminole

PALM BEACH, Florida, mario
20 (UP). - Pete Cooper gano ell
torneo de golf Sminole, categoria
PROFESSIONALS, con I'm total de 139
colpes para los SO hoyos. Cooper
hizo la vuelta en- So.
Segundos Sc clasificaron Ben Ho.
gan y George Bayer con 140, y
cuartos Dave Mari, Frank Strana.
han, Fred Hawkins, Tom Mieporte
y Art Wall con 142.
N torneo best-ball para equipos
de PROFESSIONALS y aficionados fue
Saaado por Julius Boros y Ted
Krofl con A26.
Diario las Américas., 1958-03-29
Por JACK CUDDY

Basilio en- Chicago. Dijo: "no es
que este desafiando a Ray, pero
yo no soy dificil de encontrar. En-
cualquier momento en- que I'm pro-
motor quiera conversar conmigo
sobre ell particular, estoy a la dis
posicion".
NUEVA YORK, MARIO % (UP).
Sugar Ray Robinson regreso a
Nueva York, de nuevo como mo-
narca absolute de los medianos, y
Diario las Américas., 1958-03-29

Ell. Bobb Olson, campeon mundial
de los medianos, 10 desafio y fue
noqueado facilmente. Despues del
knock out a manos de Moore, Oh
son resulto facil victima de otros
medianos.
Moore sigui6 por television las
acciones del encuentro Robinson.
Diario las Américas., 1958-03-29

no perdi6 minute en- exigir una ga
rantfa de por 10 menos 100000 do.
lares para defender su corona.
La exigencia del notable pugil
fue anunciada por SUI abogado Mar
tin Machat, POGO despues de haber
descendido del tren que los trajo
de Chicago Robinson y SUI nutrido
sequito. Revel6 ell letrado que los
planes futures del campeon fueron
discutidos anoche, mientras ell tren
venia a Nueva York.
Diario las Américas., 1958-03-29
CAMBIOS

Ahora mismo Gillian esta des-
tinado a la antesala 81 LilliS que
viene del st. Louis en- donde ba-
teo .259 Ell ano pasado o ell vete-
rano Don thinner ell player de
la mala suerte pueden ganar ell
puesto de torpedero. En- ese case
Aston cambiaria a Neal que ter
mino como ell torpedero regular en-
la campaha paSada y fue uno de
los mejores de la Liga de nuevo
a su posicion normal de la segun-
da.
Tampien existe la posibilidad de
que Dick Gray bateador de .297
con ell Montreal en- 1857 Sc game ell
puesto de antesalista.
De cualquier forma Reese sera
ell suplente numero uno. Don De-
meter quien bateo 300 en- ell st.
Paul y Ell ~veterano Elmer Valo pue.
de que Sc queden como suplentes
del outfield.
Diario las Américas., 1958-03-29

sus dltimas tres salidas; Ell joven
Danny McDevitt quien gano sic
tie desafios despues que los Dodgers
10 reclamaron 3 mediados de cam
paha de las Memories; Sandy Kou-
fax ell zurdo-bono cuyo record fue
solo de 5-4 pero necesita solo con-
troll para hacerse una ~estrella; Ro-
ger Craig (6-9> y Stan Williams
ganador de 10 desafios conel st.
Paul ell ano pasado.
RELEVOS
Como relevos los Dodgers tie
men a tres de los mejores Glenn
Labine Ed Roebuck y Don Bes-
sent.
Ell catching puede ser I'm pro.
blema con SUI receptor estrella Roy
Campanella fuera por Ell resto de
la campana y posiblemente para
toda la vida debido a la fracture
del cuello que sufrio en- un acct.
dente automovilistico. Fue ell HON
bre llave en- los cinco pennants
que los Dodgers ganaron despues
de unirse al team en- 1913.
Su ausencia deja al veterano Ru.
be Walker posiblemente ell CORE
dor mas lento en- las Mayores. CO.
me ell hombre numero l junto q
John Roseboro quien bateo sole
.145 en- IS desafios con los bod.
gers en- la campana pasada y Joe
Pignatano bateador de 1893 cor
Diario las Américas., 1958-03-29

MIAMI, Florida, MARIO 8. (Uni-
ted).-Los Dodgers Sc han trasla-
dado de Brooklyn a Los Angeles
pero es dudoso saber 81 ellos po-
dram ascender en- los standings de
la Liga Nacional.
Empero ell manager Walter Ais
ton insiste que con su brillante
pitching su team puede ganar Ell
pennant.
milwaukee tiene I'm buen team
pero creo que nosotros somos me-
jores",
Ell afo pasado los Dodgers Sc
"quedaron sin gasolina" a princi-
pios de agosto despues de estar
en- posicion de retar a los Dodgers.
Pero sus Jugadores veteranos Sc
agotaron y ell gigantesco Don New
combre que tuvo q triunfos en-
1856 decayo a solo IL victorias.
Aston esta confiado que
Newcombe Sc recuperara y 81 ash
sucede los Dodgers tendran las
herramientas n~ecesarias para ga
mar. Como Aston dice "nombren-
me cuatro de mis- abridores y 20
les dire otro cuatro que pueden
ganar esos puestos y que seran
sbridores conmigo".
Y ell photo de los Dodgers no
esta preocdpado en- que ell Padre
TEMPO alcance a algunos de sus
1ugadores importantes.
PADRE TEMPO
"Es verdad que Pee Wee Reese
tiene SO amos pero no estoy pre-
-
Diario las Américas., 1958-03-29

-AcoSTUMBRADo A NoQUEA A PEsADos Y JUGAR CON
Los MlDDLES.-RoBINSoN EXGE INA 'GARANTIA De
500 NAIL DoLARES PARA DEFENDER Ell TTULo-SGUE
INTERNADo EN- FL HOSPITAL BASILIo.-SoLOMoNS
oFREcE A RAY PELEA o TURPIN
Diario las Américas., 1958-03-29
AMENABA CON SALTAR A LAS MAYoREs DEsDE UNA
LlGA CLASE Gle IA "SUPERMAN", DICE
EBBETS.-soRPREsAS

Por WILTON RIcHMAN, de Ia United Press
Diario las Américas., 1958-03-29
Sc oUEpARoN "SlN GASoLINA" e. AAo PAsADo.-
MILWAUKEE, RIVAL A VENcER.-oTRAS NoTAS

Por Leo &. PETERSEN, de Ia United Press
Diario las Américas., 1958-03-29
PADRE TEMPO

"Es verdad que Pee Wee Reese
tiene 38 amos pero no estoy pre-
ocupado por las edades de Duke
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
100000 Orders
Placed Here BY
RCA Dealers

Washington area dealers
placed orders for $500,000 OF
.RCA Victor products at the
recent open house and dealer
showing of Southern Whole
salers. President William j.
IO'Connor announced.
This was the largest open
house in Southern's 42-year
history. More than 500 RCA
Victor dealers and statesmen
attended.
RCA Victor color television
sales here are running counter
to the recession trend with
gains Of more than 20 per cent
from a year ago, and WASH
Iington has become one of the
leading color TV markets in
the country, said Mr.. O'Con-
nor.
Southern Wholesalers is serv-
ing its 30th year as RCA Vic
tor distributors here. 1t also
distributes Kelvinator and Dor
meyer products. Eureka vacuum
cleaners and Eversharp lawn
mowers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
Wolfson Hearing
DELAYED to AUG. 5

NEW YORK, June 26 (P.-
Further action in a court case
involving certain alleged stock
dealings of financier Louis E..
Wolfson has been postponed
until August 5.
The delay was approved yes
terday in Federal District
Court, where the Securities and
Exchange Commission seeks to
have Mr.. Wolfson barred per-
manently from alleged improper
dealings in American Motors
Corp. stock.
Mr.. WolfSon has denied any
wrongdoing but the SEC has
obtained a temporary restrain
ing order from the court
against Mr.. Wolfson. The SEC
is asking a preliminary injunc-
ton against the financier. a
step in the process of securing
a permanent Injunction.
Federal Judge Frederick
VanPelt continued a restrain
ing order against Mr.. Wolfson
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
Steel Price
Raised by
Alan Wood

CONSHOHOCKEN. Pa, June
26 (P.-Alan Wood Steel Co.
is the first in the Nation to
announce a price increase.
HarleSton r. Wood, president
of the speciality steel firm, said
yesterday past and upcoming
increases in labor costs neces-
state an increase of as much
as 81 a ton July 7.
He hedged to this extent:
Failure of large competitors to
raise prices could make him
change his mind.
United States Steel Corp.
which additionally sets the
price pattern for the steel in
dustry, said through a New
York spokesman it is studying
the Alan Wood situation but
we have no comment at this
time"
A spokesman for Bethlehem
Steel Corp, the Nations Sec
ond largest steel producer. had
this to say: "As stated recently,
we are studying the many fac
tors involved before we make
any price determination"
United States Steel said last
week 1t was considering the
possibility of a price rise but
would not make any decision
until the competitive and mar
ket situation clarifies itself.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
Utility Plans
Stock0fferinu
Of So Million

simultaneous applica-
tions were filed yesterday by
the Washington Gas Light Co.
to sell 10000 shares OF pre-
ferred stock worth So million
10 help pay for routine extern
sion Of the company's distribu-
ton system.
II approval Is given. the issue
win be the first offering Of pre-
ferred stock by the utility since
1850. Speedy action is expected
by the District Public Utilities
Commission. the Virginia State
Corporation Commission and
the Securities and Exchange
Commission.
Proceeds from the sale will
help finance S5.7 million In
service extensions 10 new Gus
toners and $3.4 million in re-
placement and improvements
Of existing installations. among
other things.
The total 1858 construction
program is estimated at Sill
million. Funds other than the
stock sale proceeds will come
from company operations and
temporary bank borrowings, a
bank spokesman said. Con-
struction during each of the
last four years has averaged
about $12 million.
The proposed new stock is TO
be offered through an invest
ment banking group headed by
the First Boston Corp. and
johnson, Lemon and Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
SAFEWAY OFFERS
CREDIT ON RICH
PARK AVENUE

NEW YORK, June 26 (P.
-Safeway Stores, Inc, the
Nations second largest SUI
permarket chain. is going
into the charge account
business - but this break
with supermarket tradition
will be on a very small
scale.
The huge chain has
opened q store on New
York's Park Avenue that
will cater to the plush
neighborhood's charge &C
count trade. Customers can
phone in their orders and
have the groceries de-
livered. They'll be billed
at the end of the month.
Sideways 1000 other
stores are strictly cash and
carry. L
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
PEOPLE
IN
BUSINESS
DR.. James A. Dayton, Howard

DR.. James A. Dayton, Howard
University professor. has been
named to receive the annual
Alpha Kappa Psi award for the
most outstanding article APP
pearing in the Journal Of
Marketing during the current
fiscal year.
Samuel b. Hill, formerly adj
vertising director for the Wash
ington Times-Herald, has been
appointed advertising director
Of the Cincinnati Times-Star.
The Miller Supply Co., newly
formed subsidiary of the w. c.
and A. N. Miller Development
Co.. has received the exclusive
distributorship in the Washing
ton area for the F. c. Russell
Co.. manufacturer Of combina-
ton windows and doors. prime
windows and sliding glass doors
Gilbert A. CuneO. an author
ity on government contracts
and a member Of the Armed
Services Board of Contract
Appeals. has resigned to be-
come a partner in the law firm
Of Cummings, Sellers, Reeves
Conner and Kendall. 1925 K
street NV.
Advertising Director Gilbert
G. La GOrce announced ar
increase in the circulation base
of the National Geographic
Magazine from 2 million to 81
million and an increase o,
10 per cent in its advertising
rates. effective with the Janu'
airy. 1859, issue.
Allan Ruthledge. jr., genera
agent. the Minnesota Mutua
Life Insurance Co., 1916 Con
necticut avenue NV. said tn
firm has just passed its seconC
billion dollars Of life insurapct
in force.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
70 at Perpetual
Win Certificates
From Institute

Certificates marking COM
pletion Of seven courses of
study yesterday were awarded
20 employees of the Perpetual
Building Association. They were
students in the 25th anniversary
classes Of Washington Chapter
81, American Savings and Loan
Institute.
A reception was held in the
associations auditorium. Ed
ward c. Baltz. Perpetual's
president, presented the certi-
flcates. aided by Robert w,
McConkey, assistant treasurer
and chapter president.
Championship trophies won
by the women's and mems
bowling teams were presented
to r. Lamond Jones, captain
of the mems team, and Marian
Tinker, captain of the women's
team.
Thornton w. owen. chair
man of the board Of Perpetual;
William H. Dyer. executive
vice president. who was a
chapter founder, and William
H. Rippard, controller, repre-
sentative of the faculty, adj
dressed the gathering.
Achievement awards went To
Joseph H. Crute. jr.. James T
Kemp. Mary G. Kolb, Mar.
guerite Mccoy. Gertrude r
Phillips. B. Elizabeth Seifert
and Florence r. Warner. A
standard diploma was awarded
to Mr.. Jones and a graduate
diploma to Charles c. Elderkin
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
Bank Investments Up
More Than Loans

Washington bank loans are
running Ia per cent above a
year ago. while investments are
up 10 per cent and deposits
show a gain Of as per cent.
The Federal Reserve Bank of
Richmond reported net loans of
10 Washington reserve member
banks on June Is totaled $543.-
$4,000. an increase of $780,
900 from a week earlier and
$776,000 above a year earlier.
Commercial loans of $237.-
$4,000 were $4,6O3. 900 above a
week earlier and $8.045. 900
ahead Of the like 1857 date.
Investments Of $5l5,972, 900
were $5,57l, 900 above a week
earlier and $34, 464. 900 ahead of
q year ago.
Demand deposits Of 1851 $780,
900 were up $l0,6S0, 900 for the
week and $9.667 900 above a
year ago. Time deposits of
$315,536.O00 were down 1923. 900
in the week, but $44.85l. 900
above the like 1857 date. To-
tai deposits of $1.277, 092, 900
from week ago and $54,518, 900
ahead Of a year earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
YOUR
MONEYS WORTH
Bio News-Uncertointy

when you put them in a pack
age. For instance:
Wages and salaries are rising
again for the first time since
last August. and wages and
salaries will be in steep climb
in coming months due to the
pay rises going to Federal Gov
eminent employees. Retail
sales are holding up impress
sively, if you don't count autos,
and there's even a better tone
to the auto market. The
Federal Reserve Boards index
OF industrial production turned
up last month after an eight
month decline and this alone
has given a lift to psychology.
The employment and I'M
employment figures have been
acting better than seasonally in
the last few weeks. Housing
is increasing sharply. and other
forms of construction are adj
vancing substantially. too. 4.
Government spending is GER
tain to be rising steadily in
coming months. Even the
continued decline in business
spending for new plants and
equipment - the heart of the
recession-is causing less con-
Germ, for the sharpest part Of
the drop well may be over.
And the factor of mood" is
as important as any. There is
a better feeling around. Mood
is an intangible: you can't weigh
it, pack it, ship it anywhere.
But its Importance in the eco
nomy is immense.
The shift in appraisals is un-
mistakable. In place of GER
tainty about downturn is UNI
certainty about upturn.
Distributed 1858 by the Hall syndi.
cate. Inc. All Rishts ReservedD
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
Soft Drink Stocks
Favored in Survey

Summer and soft drinks go
together and investors should
take a look at equities in this
field, advises a current bulletin
from Hemphill. Noyes g. Co.
Pepsi Cola is our choice at
this time, although Canada Dry
has appeal for yield and Coca
Cola, due to its investment
stature, may be considered by
accounts desiring quality" it
advises. "Dr. Pepper and Nehi
are interesting semi-speculative
issues at current levels"
Jones, Kreeger g. Hewitt is
distributing an interes t in g
study of Philips Petroleum Co.
Merrill Lynch, Pierce, Fenner g.
Smith is issuing new surveys of
United States Steel and Pan
American World Always.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
FOREIGN EXCH'GE


NEW YORK, June % 0Pl.-Foreign
exchange rates, Great Britain in dol
lars, other in cents. unchanged unless
Canadian dollar in New York open
market gf32 per cent premium or
1O4 2Sls United states cents.
Europe: Great :, Britain pound
Z, 70 / I3., on 3/33; gO-day futures
o.7S15/32, of 1/32: Belgium drancl
20Oss: France franc .231s Of a
cent. Up 90 I82: Germany WESTERN
err 20 "A. up Of: Italy 0iral 1915
of q cent: Portugal tescudo $50;
Sweden tkronai 1924: Switzerland
ffranel tfreel 23.34: Denmark tkro-
Latin America: Argentins 0reel
4O Brazil Cfreel Is OF a cent;
Mexico sol; Venezuela BOLIVAR
Far East; Hong Kong dollar 1890.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
BALTIMORE
MARKETS
Quotations supplied by the Cnited
states Agriculture Department:
IiVeSf0ek Marksts

Quotations supplied by the Cnited
states Agriculture Department:
Livestock Markets
Cattle 800 and calves $50: bulk
small lot S0O-llOO ID. good and low
choice fed steers 26T5-2S.75, 1850
ID. lot including at 27.25. small lot
gOO-lll7 ID. low to average choice
29.O0-25, standard lot down to 24.5O.
small lot ~ ID average choice fed
heiters fully steady to strong to $3.50,
utility and commercial cows 1926
II ;5u. few high commercial and stand
ard ~ OO-230O, Gamers and cutters
17.O0-l9.50, with light Gamers down
to 1900, few head utility and COM
mercial bulls .3.O0-24 90. individual
2I.75. small lot l6O-230 ID. good and
choice vealers 25.00-30.00, small lot
676 ID. good to choice stock steers
2S 90. small lot 573 10. common 1900.
Hogs 900; small lot U. s. and .
2l2 ID. butchers 1915. bulk supply
mixed lots No, 1-3 100000 10. $3.50,
few small lots IS0-23O lbs. 2525,
small lot 1911 ID. .4.eO. small lot Ia7
ID. 81 90. sizable lot No. l-3 237 ID.
garbage fed butchers e4.25 and stable
lot No. . and 3 30 ID. 232j.
Sheep IS; spring SLAUGHTER lambs
steady TO 80 cents higher . lots 70-99
10. good and choice spring slaushter
lambs - 00-50. small lot so h. utility
2Ol00 and package lO7 ID, good
slaughter ewes 500.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
National Union Insurance
Declares Dividend

President Raymond A. DuFour
Of the National Union Insur-
ance Co. announced the board
of directors has declared the
company's 18lst consecutive
semiannual dividend at the rate
of so cents a share.
The dividend will be paid
June 81 to stockholders Of rec
ord at the close June %.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
Large FNMA Offering
Bears LES Pct. Rate

The Federal National Mort
gage Association today offered
a 500 million issue of 1.65 per
cent secondary market opera
lions g. month debentures
through a Nationwide dealer
group.
The new issue offered at par
was dated July 10 and will
mature April 10, 1859. De-
bentures we're offered in S.. 900.
$4,000, $4,000 and 100000
denominations only. Proceeds
will be used to redeem $165
million of debentures maturing
July 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26

months. both the highest for
any large city covered by the
report.
Room sales in May were 2
per cent above May last year,
and for five months we're even
with a year ago. In April the
gain was 4 per cent.
The covered institutions food
and beverage sales were Z per
cent behind a year ago in May
after showing an increase Of
8 per cent in April. Five months
food and beverage sales we're
OF 3 per cent.
For the entire Nation. hotel
sales we're 3 per cent behind a
year ago in both May and the
five months.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
Hecht Directors Vote
Quarterly Dividends

Directors of the Hecht Co.
yesterday declared a regular
quarterly dividend of As cents
a share on common stock and
q quarterly OF 9334 cents a
share on the 314 per cent cum
ulative preferred stock for the
quarter ending July 81.
Both dividends will be paid
July 81 to stockholders Of record
at the close of business July IL,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-26
Phelps Elected
By ReoItyFirm

H. Glenn Phelps is the new
president OF the real estate Arm
of Boss a. Phelps. Inc. which
he helped found.
This was decided yesterday
at a meeting Of the board OF
directors. His original partner,
Harry X. Boss, died recently,
Miss Ruth L. Newman was
appointed secretary treasurer
Other officers elected we're l.
Cass Leigh. executive vice
president, and Everett O.
Phelps. Grant Boss. William L
King and Nathan Poole. vice
presidents.