davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-09-08
YOUR
MONEYS WORTH
BY SYLVIA PORTER

1884 age group will shrink and
the 35-44 age group will remain
about the same.
Here too, the explanation is
simple. These are the adults
who were born during the de-
pressed 1930s. The birth rate
was at a record low in that
decade. and fewer babies then
mean fewer adults in these age
groups now.
II is at these ages that fami-
lies buy homes, appliances,
furniture, etc. 1t is from these
groups that industry draws its
most productive workers.
The hollow" is clear and it
won't be until the mid-1960s.
when the teen-agers start
marrying, that the next big
boom in housing and all allied
industries is slated to get I'M
der way. Until 1865 is an in
between phase-and the fact
must be faced.
Between now and 1865, the
baby boom is likely to level off.
We can't be positive of this
of course, but the evidence is
that the trend toward earlier
marriages and earlier child
bearing-which caused the big
baby boom of the 1950s-haS
run its course.
Until the baby boom takes
off again in the mid-1960s, the
chances are that manufactur-
ers and merchandisers in the
infant market" will find the
going not nearly as easy as II
has been.
Between now and 1865, the
55-and-over groups will grow
fast. ...
The over-65 group will ex.
pand by 11-12 per cent, the
over-55 age group by about II
per cent. Industries catering tx
the housing, food. ETC., need
of these groups are assured of {
zooming market.
Even this sampling stresse.
the extent to which the chang
ing population mix can be {
prob lem or a promise II
businessmen.
Distributed 1850 by the Hall syndi
cate, Inc ALI Rights Reserved0
Evening star., 1960-09-08
PEOPLE
IN
BUSINESS

George T. Petsche Advertis-
ing, 1884 K street. NV. has
been appointed to handle radio
and television advertising for
Hodgdon & Co., Inc. investment
firm.
William A. Veverka of 1918
Allan Sturges terrace, Falls
Church, Va, is the newly ap-
pointed divisional sales man
ager for Curtis Industries,
Cleveland. Ohio, for this area.
Sam Gildar, acting as host
for the Beverage Industry Com
mittee. State Of Israel Bonds,
has invited industry leaders to
a party at his home, 1755 North
Portal drive, NV, to meet Emil
Cohen, the humorist, on Tues
day evening, September 20.
Leo NJ. Bernstein, president
of the Guardian Federal Saw
ings and Loan Association. is
distributing. as a public service,
thousands Of booklets entitled
What Every Good American
Wants To Know About Elec-
tions."
The third Washington area
toy supermart of Chilren's Su-
permart, Inc, will open Octo-
ber IS on Leesburg pike at
Bailey's Cross Roads, Va. Will
liam Bederman will manage the
new store. designed by Don
COupard of Rinadout & Cou-
pard, Bethesda. Md. and
Adepco, Inc, is the builder.
Tim Chiamardas, promotion
manager of the Washington
Daily News, has been named
advertising promotion manager
of Army Times Publishing Co.
here. effective Immediately.
The Gulf Oil Corp. an
nounced M. SchOenthal, 1905
Military road, NV. and Greetus
H. Mum, 2122 Massachusetts,
avenue. NV, we're among the
winners in its Nationwide po-
litical contest for employees.
Louis AgnellO, an associate
editor Of Chemical and Engi-
neering News, New York. the
last three years. has been as
signed to the Washington Office
of the American Chemical So
ciety weekly. Chester Placek, an
associate editor of the magazine
in Chicago. is also coming here,
as is Donald Scissor, another
associate editor.
Evening star., 1960-09-08

James H. Haire. vice president
Of Howard F. Dugan, Inc.
Other officers elected are:
Edward D. Barrett. convention
and exhibit manager Of the
Sheraton-Park Hotel, first vice
president; Daniel A. Botkiss.
manager. Washington office
Pick Hotel Corp, second vice
president, and Theodore G.
Driscoll, jr.. sales representa-
tive of the Shoreham Hotel,
secretary-treasurer. They will
be installed at a Mayflower
Hotel meeting September %
by Cornelius j. Mack, vice
president and general man
ager of the Mayhower. Mr..
Mack is the newly elected
president of the American
Hotel Association.
Evening star., 1960-09-08
Auto Sales in August
$3.50 Below Year AGO

DETROIT. Sept. 8 (AP).-
Wards automotive reports says
new car sales last month were
3.5 per cent higher than July,
but So per cent below August.
1859.
Only Chrysler sales exceeded
those of August a year ago, the
statistical agency said. 1t put
Chrysler's over all sales at 17.2
per cent better than a year ago.
Wards said August sales
totaled 478,900 cars, with Gen.
eral Motors accounting for All
per cent. The total sales for
the month included 100000
compacts.
Evening star., 1960-09-08
NBW Aide Wins Abs
Top Graduate Award

Cash prizes. awarded by the
Bank Women's Club Of Wash
ington, to the women students
who attain the highest general
average in the pre-standard
course, and also the standard
course, were presented to Miss
Mary M. Zirkle of American
Security 81 Trust Co. for the
pre-standard, ard Miss Michael
Ann Harris Of the Citizens Bank
of Maryland for the standard.
The prizes we're awarded by
Mrs. Frances Turner. president.
Other Winners
Those receiving certificates in
the pre-standard course and
their banks are:
Kenneth L. Bales. Old Dominion;
William A, Binion, American Security;
lafayette H. Bowman, National Bank;
Patrick J. Bril-, RiEEs; Emilio, G.
asrs union Trast seSsS5ss Ssorss foris
National Saving: WinShip /. Green.
ir., Farmers BankinE; Robert G.
Hauser Suburban; Frederick v. Hip
Old fSS, Dominion: hS Roser r. HutcSssos.
knowles, No Nationsi sf"fSxk Bank; VS Wilson {.
Eott IT, Nj Malcolm lPSSerekM L. Nc
Mcoeary, RiSss; curtis /. Mlsns; First
4 citi1eHs; ,,I John n,a G 1oa,1,nn MGseT; RiEEs;
Robert G. oxenreider. Anacostia; Dre-
liam ". Psscoe, IT.. american Security;
SSap M RsH;S1opsss vspSS E,as
Dennis B; Rich, American Security
Joseph Richards III. Rises; Richard
A. Seymour American security,
oAs Si0 Of FG9s5s H4nson @Bar smh e. FFis FSons sa
Anacostia; Richard N. Thompson, Fed
srsl Deposit M,ia Insurance Co.; miss rJors Jons
Wisht, Wen ' Bank S%fh of MarSisnd; poSi. Y
Yeager, Union Trust: Miss Mary M.
Zirkle, American Security.
Those receiving standard GER
tificates and their banks are:
Mrs. Civita Ann BanaEan, Merrill
Lynch. Pierce Fenner a. Smith: Lafay-
ette H Bowman, National Bank; H.
James Brown, Vienna Trust Co: Will
liam R, Drish. American SECURITY
Bank: Ronald E. Jutila. American Sc
curity; Wilson C. lawson, ir., subur-
ban; Gerald P. LeNoir, American Sc
curity Miss Theresa N. Mahoney,
RisGs: c, stuart Raynor. T. 1II1.n Uni9n
National Bank; Robert L. Thompson,
American Security.
Those receiving graduate Ger
tificates and their banks are:
Clyde E. Bunting, American Secur-
ity; Jan @. Dambski, American Secur-
ity; Dale NJ. Eicholtz. Suburban;
Charles J. Hopkins. American Security
William H. Hubbell, American Security;
James W; Lewis. shiTlinston Trust;
Mrs. Ethel S. Miller. McLachlen;
Louis J Nader, National Bank; Mrs;
Erma c. Raab. National Bank: Donald
R. ward. Riggs: Robert E. Young, IT..
Old Dominion.
Evening star., 1960-09-08

Louis j. Nader OF the Ma
tional Bank of Washington
last night won the Board of
Trustees award. a trophy given
to the student receiving the
highest general average In the
graduate group Of subjects, by
the Washington Chapter,
American Institute of Banking.
This was a highlight at the
annual Fall Educational Din
ner held by the chapter at the
Sheraton Park Hotel and at
tended by some 200 persons,
Donald E. Doyle, chapter presi-
dent, made the presentations to
the successful students in the
various courses.
Miss Michael Ann Harris Of
the Citizens Bank of Maryland
won the w. w. Spaid award,
given the student receiving the
highest average in the COM
bined pre-standard. and stand
ard subjects. She also was
honored by the Bank Women s
Club of Washington.
The S. Winfred Burwell
award, a silver bowl. went to
Mrs. Ethel S. Miller Of the
McLachlen Banking Corp. This
was presented by Mrs. Evelyn
Jenkins. head of the Capital
Group of the Association OF
Bank Women, on behalf o1
that group.
So Students Cited
John w. Crutchheld, first
vice president of the chapter
and Educational Committee
chairman, presided at the din
ner. Altogether, So students wor
recognition at the dinner fol
scholastic excellence.
Wilbur E. Thomas, anc
Robert G. OXenreider of Ana
costa National Bank and Johr
C. Moser of the National Bank
Of Fairfax. placed first, second
and third, respectively. fol
highest scholastic achievement
in the pre-standard field. anc
Miss Michael Ann Harris oi
the Citizens Bank of Maryland
Wilson C. Lawson. jr. of Subur-
ban Trust Co. and H. Jane.
Brown of Vienna Trust Co
placed first, second and third
respectively, in the standard
field. These winners were giver
cash prizes by the Washington
Chapter, through the D. C
Clearing House Association.
Evening star., 1960-09-08
B. & O. to Drop Run

The Baltimore & Ohio Rail-
road announced that due to de-
clining passenger traffic, the
Diplomat will be discontinued
between Washington and Gin
cinnati. The last run will leave
here at 1905 pm. on Satur-
day, September II. The Ma
tional Limited will continue to
operate between Washington,
Cincinnati and st. Louis on its
present schedule, officials said.
Evening star., 1960-09-08

MI. OOQB6 Sdlu CIldI OAICoC
made 1t possible for builders
and investors to construct the
buildings and finance them on
a long-term basis through deeds
Of trust.
This insurance money Is paid
in by people all over the coun-
try in their premiums to their
favorite insurance company.
Mr.. Dodge said that among
those making the biggest loans
here are the Metropolitan Life
Insurance Co., John Hancock
Mutual Life Insurance Co.,
Aetna Insurance Co.. Mas
sachusetts Mutual Life Insur-
al1ce Co., Equitable Life As
surance Society of the United
States, and the Prudential In
surance Co. of America.
Apartments. Office buildings
and homes are the beneficiaries
of the money from various in
surance companies made avail
able here.
They also aid In building UP
developments in the area sur
rounding the National Capital.
Illustrative of the growth, the
Washington Real Estate Board
through Justin flinders, its ex-
ecutive vice president, made
these figures available for the
District of Columbia:
In 1858 deeds Of trust re-
corded to secure loans from all
sources numbered 1922. valued
at $214,507,868. and of these,
insurance companies made 164
loans with a total value of
$26,42 300. In 1859, 1921
deeds of trust were recorded
with a total value of $321,-
969,115, with insurance COM
panies making 178 loans total
ing $95, ,186,270. So far in 1860,
through August, 1928 deeds of
trust have been recorded to Sc
cure loans from all sources with
a total value of $144,843.613
and insurance companies have
made 80 loans with a total
value of $25,093,730.
Evening star., 1960-09-08
Population Mix

Day after day, our population
hits an all-time record. We are
now beyond the 181 million
mark and are growing at a rate
of one person every II seconds.
There are more children of IA
and under in the United States
today than the entire popula-
ton in 1871.
These figures are not news.
But what is news is that the
population mix" is changing
rapidly and profoundly.
It is superficial at this stage
to say that an expanding popu-
lation means an expanding
economy because more people
mean more needs and wants
and more consumption of
everything. Manufacturers and
merchandisers who do not an
alyze the shifting population
pattern can miss opportunities
or invite disaster.
Here is a suggestion of what
Is happening to the mix" and
of it's implications.
Between now and 1865, the
teen-age group will mount.
The explanation is that the
postwar babies are now moving
into this age class, and since
the children who are to become
teen-agers are already here, the
projections easily can be made.
The rise in the 1919 year age
group by 1865 will come to %
per cent and in the 1914 year
group will reach II per cent.
It's estimated teen-a g er
spend around SO billion a year
on products ranging from
sports goods to soft drinks
from phonograph records tc
school equipment. The spur tc
the food industry will be terrific
Teen-agers devour food, require
20 per cent more calories thar
average adults. The demand fol
a second telephone, a SECOND
TV set. a second car will in.
crease. The pressures on schools
are painfully obvious.
To manufacturers and mer'
chandisers set to tap the teen
age market, the mix present!
opportunity.
Between now and 1865, tht
Evening star., 1960-09-08
Maids Pay Rote

Louis F. Buckley, regional
director of the Labor Depart
ment's Bureau of Labor Statis-
tics, reported chambermaids in
the Washington area earned
an average of $1.03 an hour
during March 1860. He said they
constituted the largest group OF
employees studied in a wage sur
vey of the areas hotel industry
Evening star., 1960-09-08
Insurance Men Hear
Ferris Tomorrow

George M. Ferris, jr., man.
aging partner of Ferris & Co.,
members OF the New York Stock
Exchange. will be the principal
speaker at tomorrow's luncheon
of the District of Columbia As
ISOLATION of Insurance Agents.
This will be held at the May
flower Hotel.
President H. T. Beuermann
said Mr.. Ferris topic will be
Investing in Today's Market. "
Evening star., 1960-09-08
METALS

NEW YORK. Sept s AP).-Spot
nonferrous metal prices today: Cop
per 80 cents pound, Connecticut
Valley. Lead IL cents q pound, New
York. Zinc IS cents q pound. East St.
Louis. Tin 81 .023s . pound, New York.
Foreign silver 913s cents per troy
ounce New York. Pittsburgh scrap
steel No. / heavy was quoted by Iron
Age at 81 O0-32 90.
Evening star., 1960-09-08
BUSINESS
BRIEFS

Bank Clearings in 26 leading
cities in the week ended Sep
tember Z totaled $21, ,221 ,009, 900
compared with $23,634,730,0 900
in the previous week and $1S,-
313, ,767,000 in the like week a
year ago.-Dun & Bradstreet.
Electric Power Production in
the week ended September 8
totaled 1891, 100000 kilowatt-
hours compared with 14,602,-
100000 in the previous week
and was 8.61o above the like
week a year ago. Edison
Electric Institute.
Business Loans by member
banks in the week ended August
81 totaled $30,966. 100000, up
500 million from the previous
week and up 1874, 900, 900 from
the like week a year ago.
Federal Reserve Board.
Glass 1 Railroads in July had
an estimated income of $11
million VS.. $3t million in the
like month a year ago; for 7
months $248 million VS.. 1899
million a year ago.-ASsociation
of American Railroads.
WESTINGHOUSE Air Brake Cd.
announced purchase of Petch
Mfg. Co. and Petch Industries,
of Alpena, Mich.
Earnings
Keystone Steel g. Wire in
year ended June 80 earned
$500, 400 or $4.44 a share VS..
$9,075,374 or $4.S4 in 1859.
Dresser Industries in three
months ended July 81 earned
So, 500, 900 or 81 cents a share
VS.. $1,947,000 or AZ cents in
1859 period.
Lane Bryant, Inc. In six
months ended July 81 earned
81 ,250,000 or $1.48 a share VS..
$1,215,000 or $1.44 in 1859
period.
H0erner Boxes in 9 months
ended July 81 earned $900.030
or 10 cents a share VS.. $685.
834 or 80 cents in 1859 period.
H. C. BOhack Co. in 26 weeks
ended July 80 earned $445,350
or II cents a share VS.. 81, ,085 1858
or 1929 in 1859 period.
Evening star., 1960-09-08
Bennett Elected
BY Hotel Sales Group

Herschel Bennett, director of
sales, advertising and public
relations of the Mayfower
Hotel, has been chosen presi-
dent of the Washington Chap
ter. Hotel Sales Management
Association. He succee d S
Evening star., 1960-09-08
Life Insurance Firms
Active in Building
Looms in DistrictAreo
BY WILLIAM A. MILLEN
star stan Writer

Major life insur zee companies of the Nation have been
active recently in making for the building Of
ONCE structures and apartment houses
pointed today by Clarence Dodge r president
of the Washington Board He also the senior
vice president of Weaver Bros,
Mr. Dodge that funds by insurance firms have
Evening star., 1960-09-08
OVER COUNTER

Washington listingS on overtime
counter markets furnished by the Ma
tional Association of Securities Dealers
as Of l pm, Thursday. September 3:
Evening star., 1960-09-08
SEA SHELL PHONE BOOTH

Here's the latest type of telephone booth,
made of plastic with sea shell shape, In
stalled at the Sheraton Park Hotel lobby
Miss Margie Abel, of 1904 East-West high
way, Chevy Chase, Md, is trying it out.
colOred rainbow effect, officials said. The
Chesapeake & Potomac Telephone Co. re-
Gently installed direct dialing to every room
in the Sheraton Park Hotel-RObert Striar
Photo.
Evening star., 1960-09-08
DIVIDENDS

BY the Associated Press
Pc Stk. Of Pay
Rate riod Record able
ACCUMULATIvE
Van Nor Ind pf 49, ST E. s-D 80
INTERIM
British Pet (x) " 90 .. 1925
(x) approximate amount.
STOCK
Borman Ed Strs =. 3pc.. s-ls 1910
INITIAL
Motorola new -. as e.. $50 1o-lA
REGULAR
Am Crystal Sug j.. so e-l9 $50
Am Crys Sug pf l.125 @ s.19 $50
Borman Ed Strs e. rs q s.ls l0-l
Diversey Cp ...,. IS Q ZIG $50
Household Fin 80. 80 q $50 lois
Minute Maid ..... rs Q lo:ll lo-3l
sta4Tets. sstanas@o Is s'ee '. .io i' q ~ ~ "a go
Evening star., 1960-09-08
TREASURY BONDS

NEW YORK (AP) Noon over the coun-
ter U. s.. Government Treasury bonds,
BID, asked, net change and yield for
Evening star., 1960-09-08
MUTUAL FUNDS

NEW YORK (AP)
= National Associa-
tion Securities Deal
are TaA
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-17
THoS. J. OWEN & son,
AuctiOneerS, iii Z ST. NV,

SALE OF VALUABLE
UNIMPROVED GROUND FOR
MERLY KNOWN AS PREMISES
1905 TENTH STREET NORTH
WEST, CONTAINING 705 SQUARE
BY virtue of deed of trust re-
corded, in Liber No. 1915, at
Folio 119. of the land records of
the District of Columbia, we shall
sell; in front of the premises, on
n hSY "a rT The IWEN I \ ISf6
AT THREE O'CLOCK PM. part
of Lot Z. in the heirs of John
Davidson's subdivision of lots in
Square 36S. as per plat recorded
in the Office of the Surveyor for
the District of Columbia, in Liber
N. K. at Folio lO5: being more
particularly described by metes
and bounds in said deed OF trust;
said property being now known
for the purposes of assessment and
taxation as Lot Sl4, in said
TERMS OF SALE: ALL CASH. De-
check required at time Of sale
Terms of sale to be complied with
within thirty days from date Of
sale, otherwise the trustee reserves
the right to resell the property
at the risk and cost of the de-
faultinE purchaser, after five days
advertisement of such resale in
some newspaper published in the
District of Columbia, or deposit
may be forfeited, or without
FORGETTING deposit, trustee may
avail itself of any legal or
equitable rights against default
ing purchaser; further particulars
at time of sale. Adjustment OF
real estate taxes and water rent
to date of sale. All conveyancInc,
recording and revenue stamps, ebs d.,
az COS: of purchaser
SAMUEL SCRIVENER, Jr..
Surviving Trustee.
fe11la.23.25.27
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-17

SALE OF VALUABLE
THREE-sTORY SEMIDETACHEL
BRICK DWELLING WITH BASE.
MENT KNOWN AS PREMISES
40 SECOND STREET NORTH.
By virtue of a deed Of trust re-
corded, in Liber No. 1859, al
Folio 427, of the land records Of
the District Of Columbia, we shall
sell. in front of the premises, on
MONDAY. THE TWENTY NINTH
DAY OF FEBRUARY. AID. 1850
AT TWO-THIRTY O'CLOCK PM
Lot Numbered Thirteen Q3). in
Margaret o; Degges subdivision
bred and Seventy (5TOl, as pei
plat recorded in the once of the
Surveyor for the District of Co.
lumbia, in Liber N. K. at FoliC
TERMS OF SALE: ALL CASH. De.
post of $500 cash or certified
check required at time of sale
Terms of sale to be complied
with within thirty days from date
Of sale, otherwise the trustees
reserve the right to resell the
property at the risk and cost Of
the defaulting purchaser, after
five days advertisement Of such
resale in some newspaper pub
lished in the District of Columbia
or deposit may be forfeited, OF
without FORGETTING deposit, trus-
tees may avail themselves Of any
legal or equitable rights against
defaulting purchaser; further par
ticularS at time of sale. Adjust
ment of real estate taxes and
water rent to date of sale. All
conveyancing, recording and rev.
enue stamps, etc, at cost Of
purchaser.
JUNIOR F. CRoWELL,
SAMUEL SCRIVENER. Jr.,
fa1- 10 ~ < Truetaae
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-17
THOS. ]. OWEN & son,
Auctisneers, Ill E st. NV.

T R6TBRfck SALE bwE Fl ysIg BAFNd
KNOWN AS PREMISES 2o2l
WASHINGTON. D. C.
BY virtue of a certain deed OF
trust duly recorded, in Liber No
lO539, Folio 403 ct SEQ, Of the
land records Of the District Of
Columbia, and at the request OF
the party secured thereby, the
undersigned trustees will sell. at
public auction in front OF the
premises. on FRIDAY, THE
TWENTY sixth DAY OF FEB
RUARY. AID. 1860. AT TWO
FORTY-FIVE O'CLOCK PM, the
following-describ land and prem.
Uses. situate in the District OF
Columbia, and DESIGNATED as and
Phillips subdivision Of part q
in the Office Of the Surveyor for
the District of Columbia in Liber
- at Folio 14a; subject to agree
ment and restriction of record.
TERMS: Sold subject to a prior
building associationl deed OF
trust for approximately S5.212 AS
further particulars of which will
be announced at time. Of sale
the purchase price above sale
trust to be paid in cash. A de.
post Of $500 required. Convey.
anclnE recording. etc, at pur.
chaSer's cost Adjustments made
as Of date Of sale Terms to Or
complied with within thirty DAYS
Otherwise deposit forfeited anc
the, property may be advertised
and reSold at the discretion @
the trustees.
EDGAR C. HILLEY,
ROBERT l EDWARDS,
Ielo'I "10,23,%5 Trustees.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-17
THOS. J. OWEN a SON,
AuctiOneers, III Z ST. NV.

SALE OF VALUABLE
ROW BRICK DWELLING KNOWN
AS III R STREET NORTHEAST
BY virtue Of a certain deed of trust
duly recorded, in Liber No. gggg
Folio 1872, ct SEQ, of the land
records OF the District of Column
bla, and at the request of the
party secured thereby. the under
signed trustees will sell. at public
auction. in front Of the premises.
on MONDAY, THE TWENTY
NINTH DAY OF FEBRUARY
AID, 1860, AT FOUR THIRTY
O'CLOCK PM, the following
described land and premises, stu
ate in the District of Columbia
and designated as and being Lot
Numbered Thirty 900, in Square
Numbered Seven %, of Horace J
Gray and others subdivision Of
West Eckington." as per plat re-
corded in the Office Of the Sur
veyor for the District Of Column
bia, in Liber County : at Folio
l4S; now taxed as Lot so, in
SQUARE 3532
TERMS: Sold subject to a prior
building association deed of trust
for approximately So. 1872 10: fur
ther particulars of which will be
announced at time of sale: the
purchase price above said trust
to be paid in cash. A deposit
of $500 required. Conveyancing.
recording, etc, at purchasers cost.
Adjustments made as Of date OF
sale Terms to be complied with
within thirty days, otherwise de-
post forfeited and the property
may be advertised and reSo.d at
thu discretion NJ the trustees.
FRANK PAROET,
Z. SPENCER FITZGERALD.
felGl9,23, 1927 Trustees.