davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-11-17
Three Men Go on Trial
In Fatal Beating Here

Three young men went on
trial yesterday In District Court
on first-degree murder charges
in the fatal beating Of q SIS
year-old man on a vacant lot
in the 400 block Of M street
S.W.. last December.
The three defendants are ac-
cused of the premeditated slay-
ing of Ollie Bowman Of the 100
block of Franklin street, Alex
andria. by striking him with
their fists. kicking him and hit
ting him with rocks.
Other counts in the indict-
ment charge the defendants
with killing the victim while
perpetrating and attempting to
perpetrate the crime Of rape in
volving a 49-year-old woman
and of killing him while per-
peCraCIng ana attempting to
perpetrate the crime of may
hem.
The three defendants are
Eugene E. Turberville, "a, of
the 400 block of N street S.W.;
James H. Simpson. 81. Of the
5000 block Of Hayes street NE,
and Bernard T. williams, %, of
the $500 block of Blaine street
NE.
The woman testified yester-
day Turberville struck her in
the mouth, threw her to the
ground and had relations with
her. She testified williams
also had relations with her.
Another prosecution witness,
Cyprian G. Lucas, 81, of the
900 block Of Eighth street NE,
testified that Turberville and
Williams hit him and that
Simpson burned him with sticks
from a fire.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-11-17

Mayhem charges accuse the
defendants Of disfiguring the
woman and Mr.. Lucas. O..
DR.. Richard M. Rosenberg,
deputy coroner, testified that
an autopsy showed Mr.. Bow
man died Of internal injuries
and a cerebral conclusion.
The case is being tried before
a jury Of seven women and five
men. Assistant United States
Attorney Thomas A. Flannery
is prosecuting. Judge Joseph
r. jackson is presiding. a.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-11-17
japanese Toys Arrive

HAVANA, Nov. II AP).-The
Japanese freighter Taiten Maru
arrived yesterday with 14,7l7
crates of japanese toys for
Christmas. The toys are i'm
ports to be sold in Cuban stores.
Newspapers said more toys are
due from the Soviet Union and
Communist Czechoslovskia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-11-17
Revolt Held Crushed

GUATEMALA, Nov. II (AP)
The army claims it has
crushed the last spark of Sun
days revolt against the pro-
United States government of
President Miguel Ydigoras of
Guatemala.
A communique yesterday said
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-11-17
ItoIy's Merchant Fleet

ROME.-Down to 100000
tons at the end Of World War
II, Italy's merchant fleet now
stands at 100000 tons, the
worlds sixth largest.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-11-17

rebels in their last stronghold.
Puerto Barrios. on the Gulf az
Honduras. were fleeing In panic
before government paratroop-
ers. !
The government put q price
Of $50 on the head of every
rebel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-11-17
Morgan in Solitary

HAVANA. Nov. II (AP)-
Cuban sources said yesterday
that William A. Morgan OF
Toledo, arrested last month on
suspicion Of counterrevolution-
airy activity, is being held-in-
communicate and in solitary
confinement - at Lacahana
Fortress.
Morgan and many other
former officers in Fidel Castro's
army have been detained on
accusations that they aided in
surgents in the Escambray
Mountains.
That area was where Morgan
became a leader three years ago
and led guerrilla forces known
as 1.-THE Tigers OF Espesura"
against the forces of Dictator
Fulgencio Batista.
Morgan lost his United States
citizenship for fighting at Fidel
CaStro's side during the revolu-
ton.
Evening star., 1960-07-31

A label thot's practically q synonym for the
word shirt Regular, modified spreod, round,
non-wiIt fused, snqp tob and button down
collars. BroodcIoths, oxford cloths. Collar
sizes l4R-l7, sleeve sizes 32-35.
Evening star., 1960-01-03

Estee Lauder preparations
help make your future look
bright. super-Rich All Purpose
Creme octs os O cleanser for dry
skin, Iubricont for fine lines, q
night cream, q skin conditioner
ond q foundation. ESQ, 400, 200
Estoderme Youth-Dew brings
moisture to the skin doy and
night. SIS, o'oO, lI'OO
Skin Lotion for cool refreshment.
ESQ, 400, 200
Not shown: Creme Pock to give
the foce q lift" $50, $50
PIeoss odd lo9O Federol ton
The Arizona post., 1960-03-18
Center Plans
Showing OF
2 Operas

Two operas under the
direction of Gloria Dulgov
will be presented by the
Center Opera Workshop
April % at $3.50 pm. at the
Center.
The opera concert will of
fer a doubleheader = "The
Lantern Marriage" by Of
fenbach and There and
Back" by Hindemith.
The cast of both operas
will include Al Mehana,
Jana Lin, Helen Oein, Ger
aldine Miner, Sidney Daw-
son and Bob Greenberg.
Sets are being designed by
artist Charles Clement.
Tickets may be reserved
oy calling the Center office
at MA 4-86O3. The ticket
price is 81.
The Arizona post., 1960-03-18
Benjamin Cohen
Dies In MY.

NEW YORK, (JTA) - DR..
Benjamin A. Cohen, former
Undersecretary of the United
Nations, a Chilean diplomat
who served as a member of
the executive secretariat of
the preparatory commission
of the United Nations when
the world organization was
founded in 1915, died here
March II. He was 63.
Born in Conception, Chile,
the son of Lithuanian-JeWish
immigrants, Alberto and Re-
becca Gallerstein Cohen, he
entered journalism after stu
dies in Chile and in the
United States. He joined his
country's diplomatic service
in the early Nineteen TWen-
ties.
The Arizona post., 1960-03-18
Blockade Faces
American
Mercury

NEW YORK, (JTA) -
The American Mercury ma
gazine faces a publishing
blockade over its anti-Semi-
tic contents which may kill
the periodical, the World
Telegram and Sun reported
this week.
The magazine has been
under severe criticism in re-
cent years for such mater
lal. Printers, binders, distri-
butors and retail newsdeal-
erS have refused to handle
the magazine because of its
editorial policies.
Publisher Rus ell Ma
guire, a millionaire indus
trialist who purchased the
American Mercury in 1852,
has denied the charges of
anti-Semitism.
The Arizona post., 1960-03-18

Friday, May 20. Classes will
include many of the same
that have just ended. For fur
ther information call the Cen.
ter Physical Education De.
partment.
The Gym Recreation Class.
es that meet during the week
will be putting on a special
show for children and par,
entS that will include tumbl-
ing and trampoline. This pro-
gram will be held on Sunday.
April 10th in the Max H. Volk
Auditorium at 2::3O pm.
HOWARD'S SALON o f
Beauty and Torchy's Drive-In
Liquors are currently tied for
tlrst-place with 1910 records
during the second half of
play.
Levinson's Sporting Goods
set a new league Hi-Team
Series record with a 1919. Dee
Cohen's 18O, Arlene Vein.
stems 179, Betty Lockwood's
TIA and Sylvia Dorson's 169
were top game marks. Hi-Se-
rles during the past two
weeks were Betty Lockwood's
472, Sylvia Dorson's 465, Hope
Silvestri's 432 and Arlene
Weinstein's 436.
League Standings
Team w r.
HoWard's Salon of
Beauty .18 10
Torchy's Drive-In
Liquors .18 10
Levinson Sporting
HOOuS .1U lS
Speedway Sporting
Goods 10 18
The Arizona post., 1960-03-18
League Standings
Oneg Shobof SET

A Jointly-sponsored Oneg
Shabat will be held March 26
by B'nai Birth Women's chap
ters GLIB and 692. The affair
Will be held at 1:3O pm. at
the home of Mr.. and Mrs. Mi
chael Schaeffer, 3OO7 E. Lor-
eta Drive.
Rabbi Albert T. Bilgray will
review the book, ''The World
OF the Talmud." Mrs. Charles
). Kalb and Mrs. Bernard
Kramer are in charge of ar
rangements.
The Arizona post., 1960-03-18
Page Elepen-

The Amsters set two new
marks in the Children's Bowl
ing League with 451 Hi-team
lame and 874 Hi-team Series.
Inc Inc Slrotas paced by Mike
Slrota's 1924 has moved in
TO first place with a 1912 rec
ord followed by first-haIf
champs Slavins 90, Susan
Needel's 125-225 was best for
the girls.
The Arizona post., 1960-03-18
RUbies Leading
Hudussuh Loop

The RubieS hold a wide
lead in the Hadassah bowling
league this week.
The Diamonds are in sec
ond place. High averages of
leading bowlers in the league
are Evelyn Rotolo, 147; Flo
Hellman, 144; Blanche Ches-
IN, 141; Zelda Perrin, 1873 and
Fay Hirsh, 137.
The current STANDINGS.
The Arizona post., 1960-03-18

OOIlIleIlDllcK, Norm F1Sch, Joe
Kali, Joe Rudis, Georg e
Greenberg, Dave Kuluva, Bob
Bramoweth and George Mil
ler.
The High School and Sen
ior Mems SoftbalI Leagues
will be getting underway on
April 3rd at Randolph Park.
There will be two divisions,
High School Division and
Mems Division. Managers are
asked to get their teams or
ganlzed as soon as possible
as the divisions will be limit
ed. Both leagues will be "slow
pitch"
The Royals upset the first
half champs, the Eagles, in a
high scoring game 1O4-9O to
take undisputed possession of
first place in the Senior
Mems Basketball League with
a 80 mark. The Royals are
second 2-1, followed by the
Old Pros ID and the Collegi-
ans 0-3.
JolSon AZA "W" defeated
previous unbeaten Brandeis
AZA 68-44 to gain first place
in the second half of the High
School Basketball League.
The Arizona post., 1960-03-18
he
Sports
Page
BY Woody Cohen

IHE SETTLERS, captained by Bernie Weinstein were
crowned champions of the Ceners Senior Mems Voevba
League They ended the with 256 record The
Servers 2O Starters 1921 and Spikers 625 followed in
that order Members of the winners were Weinsein Jerry
The Arizona post., 1960-03-18
League Standings

THE PHYSICAL Education
Department is running a spe-
cial Spring Sports Schedule
for eight weeks commencing
on Monday, March % through
The Arizona post., 1960-03-18

II Dick Nesbitt, the Manager of the new
Southern Arizona Bank Speedway at Wilmot Office.
This is our 9th complete bank, each dedicated to
providing every person in southern Arizona the
finest possible financial service. We located
the west of the Monterey Village Shopping Center
and will open doors for business Monday,
March 28th
Il cordially invite you to view bank on
Sunday, March 9th at Open House from l until
PM.
The other members of our staff join in the
sincere hope that you will visit office soon
and allow US to become better acquainted with you
and your family"
Evening star., 1960-10-09
HOUSES FOR SALE-s.E.
JOSEPH FILIPPO

REALTY CO. OFFERS
HILLCREsT-oPEN 2 TO 6-In
lovely PARK section; charming
spacious brick rambler; 8 rms, Q
full baths. de luxe elec. kit. scr.
side pch., paneled rec, rm.: garage,
large level lot; except value. oqt
Pa. ave, right On on 2sth st. left
HfhLcRksF II RsEk H. E srsGsh sOsh st ave mr. Ala
bama ave.-Det. brick; 8 rms,
side scr. pch.; garage; large
wooded lot. BY appt.
HILLCREST, near Branch and Pa.
aves.-Det. brk. with 5 bedrms..
. baths, 2 bedrms. and bath, lst
flr.; full bsmt., rec. rm.. maids
rm. and bath, S23,500. BY appt
HIGLcREsT - split-level Spanish
i0o.ft. front lot. Si5,95O. By
appointment.
ST. FRANCIS PARISH, nr. MINI.
ave.-New-house cond.; 5 rms, 2
lge. bedrms., paneled rec. rm., scr.
pch., storm windows. Sl2.950.
HILLCREST, near Ala. ave.-Det.
brick; q rms, 2 baths, l on lst
n; den; full bsmt.; gas h.-w.h.
ANACosTIA. near Good Hope I'd
SOIncE UIlCk. rms DeQIu =,
rec. rm.; gas h.-wh. Sl1,500.
HILLCREST, 320S Gainesville st.
Large det. brk., z rms, complete
ly air-cond.; 2Iz baths. I'm. bsmt.
gear garage; large level lot. BY
appointment.
CAPITOL HILL. sth st. mr.. Pa.
ave. e.-Semidet. brick. t. large rms,
3 bedrms., 1st-h. powder rm.: oil
h.-w;h:; garage. S13.500. RE.
18Th ST. Mr.. PA. AvE.-Det.. 6
lge. rms. arransed for ! or
families. Sl2.500.
Mr.. MINI. AVE. AND MAYOR
RD.-Det.; . apts. with Q bedrms
each; full bsmt.: 2-car garage;
Mr.. . PA. Pa AND TEXAS AVEs.-Det
brick, center hall. rms, 3 bed
rns.. . baths. lst-h. den. rec
rrn.; garage; level lot. $20,500.
Mr.. 2Sth AND PA. AVE.-Semidet
brick: 3 apts., rms. and bath
each. Priced only $4,000.
H1LLCREST. OF Pa. ave.-3s14
Carpenter st. Det. brick Cape Cod
WIS rms. and bath on lst floor
with, . rms. and bath. I'd a.. full
tile bsmt., level LOT. Open to g.
H1LLCREST -. Congressman home
det. brk. rambler. z rms. with 4
bedrms., 2 baths, jalousied porch;
Z level lot. By appointment.
nrEIvr,
Evening star., 1960-10-09
HOUSES FOR sALE-S,E,

(coNTINUEo)
Evening star., 1960-10-09
GEORGETOWN

OTEN = I'D . .OU
1852 Goth NV.
Custom remodeling gives this q
bedrm. town house the individual
ity you desire in your home
Enter through the smart foyer into
trimmed with specially designed
dentilation and crystal chandelier
Pass through French doors to a
charming brick garden. Re-enteI
the house through a relaxing
Redwood kitchen. On the second
floor you will find a lavish main
bath, den-type guest room and
master bedroom with its own
luxurious dresSing-powde room
Excellent closet and storage space
Low sos. DU. 7-5777
Evening star., 1960-10-09
c. D. MURPHY
REALTOR
VETS NO MONEY DOWN
OPEN sIINDAy o.s pM

VETS NO MONEY DOWN
OPEN SUNDAY, 2-6 PM.
1922 QUE ST. Sc.
3 bedrooms. rec. rm.. Ia baths.
MUSSELMAN REALTY, RE. 7-7i70
1907 INDEPENDENCE AVE.-Well-
built brick home; 8 lovely rms,
det. brick garage; wide alley;
only $3.50, with $3.50 dn. or
best offer. OWNER, RA. 3-5545.
4O32 NICHOLS AVE.
3;bedrm;, det. brick: huge fenced
lot; full bsmt.. rec. room.
2912 5th ST. Sc
2-bedrm. det. brick, beautiful
cond.: nice lot; gas heat.
3-bedrm., 2la-bath brick, rec.
room with fireplace; garage; may
consider small house in trade.
John L. Shelton, Ritz, 10. $4,000
$500
2016 18th ST. s.E.-6-room det.
asbestos shingle: excel. condition.
Ideal for retired or young couple
starting out. BY appt., Mr.. Co.'S
tello, Ii. 1897. ZAGAMI REAL
TY CO. REALTORS.
Evening star., 1960-10-09

FIRST SHOWING TODAY, is
1876 SHERIDAN ST. NV.
This lovely brick home priced to
sell fast with reas. terms. Liv.
nm, din. rm.. kitchen and den on
1st A.; 4 bedrooms and . baths
on End A.; built-in garage, plus
extras. Ewes. JU. 9-4764.
LOUIS RUDDEN TU. 2-3060
Evening star., 1960-10-09
HOUSES FOR sALE-N.W. | |

SACRED HEART PARISH - 1859
Harvard st. 4 natural bedrms. plus
finished attic room, big liv. rm.,
spacious din. rm., mod. kit. nm
ished basemt., mod. gas hwh, quiet
street, conv. uptown neighborhood
r. g. DUNNE CO., LA. 9-2500,
ewes. FE. 3-1173.
ST. GABRIEL'S PARISH 400
block, N. H. ave. This handsome
solid 6-rm. brick home with a
COMPLETE SET OF FURNITURE
can be bought at great saving by
thrifty purchaser with substantial
cash. OIL hwh, brick garage, double
lot. r. G.DUNNE CO., LA. 9-25OO,
ewes. FE, 3-ll73.
SHEPHERD PARK-Corner brick
and stone rambler; 3 bedrms., 8
baths, rec. rm. with fireplace.
BEAL REAL ESTATE, ST. 3-3936
SHEPHERD PARK-SI3,95O
MODERN GRIN. BRICK, REC. RM
LOUIS RIDDEN TU. 2-3O6O
Evening star., 1960-10-09
RIGGS PARK

OPEN 2 TO g PM
412 OGLETHORPE ST. NE.
5emidet. brick; 3 bedrms., nice kit.
with garbage disposal, dishwasher,
de luxe rec. rm.; big Handicapped
yard; close to shops, schools and
transp. Priced right, good terms.
PRESS REALTY CORP.
ST. 3-9316 IeJ. 2-1529
Evening star., 1960-10-09
HOUSES FOR SALE-N.W.
tCONIINUEDl

CRESTwooD AREA-S4.O 900 cash
dn.; 6-b.r. home. . baths, so liv,
rm.: deep lot. BY owner, ia. 9-296S
CUSTOM BUILT for sale-direct from
builder and owner. 5l44 Linnean
terrace NV. EN-. 2-0777 after 3
wk. days. Open Sun. l till dark.
Immed pOSSeSSiOn
Evening star., 1960-09-29
Old Fuvorite
In New Dress

To give a familiar food
combination a new twist is
one of the accomplishments
of a good cook.
Pork and potatoes have
"gone steady" for a long
time on family menus and
there is no reason they
shouldn't continue to do so.
But sometimes a new varia-
ton can add interest to a
favorite dish.
Reba Stages, home econo-
mist and meat expert, Sug-
gests an easy way to give
variety to this faithful team
and make it something Spe-
cial. The pork-potatoes COM
bination she has in mind is
a casserole dish in which pork
steaks and thinly sliced po-
tatoeS are cooked together.
The variation is in the use
of condensed tomato soup
as the liquid.
Pork steaks or pork chops
can be cooked in this way.
The flavor of the meat is eX-
tended to the potatoes and
the tomato soup gives added
tastiness to all, turning an
ordinary dish into something
worthy, a company meal.
Pork m Potatoes
4 pork shoulder steaks, cut u
inch thick
l can (101a ounces con-
denSed tomato soup
"a chopped onion
l teaspoon salt
"a teaspoon pepper
2 tablespoons chopped
parsley
3 cups thinly sliced potatoes
Brown pork steaks. Pour
off drippings. Mix together
Evening star., 1960-09-29
Georges Bank ScoNops

bruise garlic. Add to butter
and cook until transparent
or pale yellow. Remove garlic.
Add corn starch, salt, and
pepper to butter; stir until
we'll blended. Gradually add
milk, mixing until smooth.
Cook over medium heat, stir
ring constantly until mixture
thickens and comes to a boil.
Boil 2 minutes, stirring con-
stantly. Stir in sherry and
11a cups of the cheese. In a
large bowl combine sauce,
scallops and macaroni. Turn
into 2-quart casserole. Sprin-
kle with remaining "a cup
cheese and bake in a mod
crate oven $3.50 degreeS) 80
minutes. Serves four to six.
Evening star., 1960-09-29

2 cups uncooked shell mac
aroni
/ pound sea scallops
4 tablespoons butter or mar
garine
/ Glove garlic
3 tablespoons corn starch
2 teaspoons salt
"a teaspoon pepper
234 cups milk
u cup dry sherry, vermouth,
or white wine
2 cups grated cheddar cheese
Cook macaroni following
directions on package. Drain.
If scallops are frozen, thaw.
If large, cut in half. Melt
margarine or butter in a
saucepan. Peel, cut and
Evening star., 1960-09-29

tomato soup, onion, salt, pep
per and parsley. Combine
half of soup mixture with
the potatoes and place in the
bottom of a 9x12-inch bak-
ing dish. Place meat on top
of potatoes and spread re-
manning soup mixture over
the top. Cover and bake in
a moderate oven $3.50 de-
greeS Fahrenheit) for l hour.
Remove cover and continue
baking for Is minutes or
until meat is done. Yield:
Four servings.
Evening star., 1960-09-29
Pineapple Puffs

Pineapple cream puffs are
ideal for the tea table. Fill
tiny or regular size cream
puff shells with whipped
cream into which we'll
drained crushed pineapple
has been folded.
Evening star., 1960-09-29

Although this casserole calls for only pound
of scallOps, it's combined with sea shell maca-
rOni and generous amount of cheese to make
dish you can serve to four to six people.
Serve it with a crisp vegetable salad, fresh
bread and light dessert.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-05
elegant chairs
FINE FABRICS, FOAM CUSHIONS

All me qoy deo OF fine craftsmanship
generous utne
oon OF Eht
decorator style
the nshe
moteosse the all monde cocoors
Evening star., 1960-01-31

Our basic business our
primary responsibility to the
public we serve is the accurate
dispensing of modern drugs to
the physicians exact specifca-
tions. Each Peoples Prescription
Department is completely stated
by Registered Pharmacists; and
is fully stocked with the finest
drugs available from the nations
most respected Pharmaceutical
Laboratories.
Evening star., 1960-07-06

Admiral Robert E. Carney,
former chief of naval Op-
eratiOnS and member Of
the Joint Chiefs of Staff,
has been elected chairman
OF the board of the Bell
IntercOntinentaI Corp. 1t
was previously the Bell
Aircraft Corp, until sale
Of its defense subsidiaries
to TextrOn, Inc, July 1.
Evening star., 1960-07-06
YOUR
MONEYS WORTH
Money Getting Eosier, Cheaper Too

Mortgage money is easier for
you to get today than at any
time in the past 18 months.
The cost Of a mortgage loan
has been leveling on since
spring and is now perceptibly
declining in areas spotted
through the country.
The size of a home loan you
can obtain is increasing and the
amount you must pay down on
an FHA-insured mortgage is
decreasing.
In short, the chances that
you can get as much money as
you need to finance a house at
q cost below the historically
high rates prevailing during
1959'S credit squeeze are bright
ening by the day.
These are vitality important
facts to you If you're now in
the market to buy or sell or
build a house, or will be soon.
The trend is in favor of the
individual trying to buy a house
but unable to manage it without
q fairly big mortgage. and in
favor Of the homeowner trying
TO sell to that individual. It
certainly Is in favor Of the
builder who can't swing a con-
Struction job without ready help
from a lender.
- It is quite possible that a
large borrower can, in this cycle
of easing mortgage money. save
thousands Of dollars over the
life of his mortgage in COM
parison with what he would
have paid six months ago.
What holds for mortgage
Evening star., 1960-07-06

more money available for
home loans and stimulate
cheaper mortgages. This past
spring. the FILA acted to lower
down payment rules on insured
mortgages.
win the shift help put vigor
back into the economy? 1t
should. A basic reason home
building is running 10 per cent
under 1859 has been the short
age Of mortgage money and
its high cost. A basic reason
many businessmen have been
so reluctant to carry large
amounts of goods on their
shelves has been the shortage
Of business credit and its high
cost. Easier-to-get and cheaper
loans should be a stinulant in
both cases.
In England and in West Ger
many authorities are making
credit scarcer and more expen-
sive, for in those nations policy
makers are trying to dampen
booms.
Here policy-makers are try
ing to spur you into more ag-
gressive buying. building. ex-
panding, to get our country
back on a firm uptrend.
Tomorrow: Pay for Nom Work
distributed 1860 by The Hall syn
dicate. Inc. All Rights ReservedI
Evening star., 1960-07-06
" SYLVIA PORTER.

j money also holds for business
loans. large and small. The
availability Of funds for busi-
ness loans is rising. and here
availability counts much more
than cost. Restrictions on loans
are being liberalized. and many
banks are reducing demands
that a borrower must maintain
a specified balance of his loan
on deposit "a demand which
hikes the cost Of the money
actually uSed). Top-notch bor-
rowers are getting cash dir
ectly from institutions and
through the securities markets
at rates far below what they
had to pay earlier this year.
This major shift in the ease
and cost Of loans is the most
significant financial change
which has occurred since the
business advance began slowing
and both the expectations of a
boom and fears of imitation
faded into the background.
It's a shift resulting from
natural" forces and from de-
liberate actions. The natural"
force has been the economy's
showdown itself. for as the pace
Of our expansion has become
more modest, the demand for
loans from homebuilders, cor
porationS. etc., has become
more modest too. With demand
down, more money has become
available for loans, and the
pressure has mounted for lower
borrowing costs as well.
simultaneously. deliberate ac-
tions have been taken to COM
pei the change. Most important
have been the Federal Reserve
Systems moves: It has been
pumping funds into the bank
ing system to encourage lend
ing and it has cut its own lend
ing rate to encourage lower
costs. In addition, just last
week. the Federal Home Loan
Bank of Chicago reduced its
loan charge to savings and loan
associations in Illinois and
Wisconsin from AZ to 4,per
cent on April /. This move
should spread to other regions
in the Nation, should make
Evening star., 1960-07-06
MUTUAL FUNDS

NEW YORK, July nPl.-NationaI AssO-
elstlOn Securities Dealers, Inc.
Evening star., 1960-07-06
Campaign PIunned

Borden's Instant Coffee an
nounces a special premium
advertising campaign in %
major newspapers. The series
will include eight displays.
Evening star., 1960-07-06
FOREIGN EXCH'GE

NEW YORK, July 8 (AP).-Foreien
exchange rates (Great Britain and
Australia in dollars, others in cents
and decimals Of q cent?:
Today Prev. Day
Canada in New York
Evening star., 1960-07-06
TREASURY BONDS

NEW YORK, July 5 (AP)-Yester- .
eIys closing oyeT,thefcounter United