davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-08-05

District promises to provide the
firm with new revenue.
The company recently opened
a mail order operation to pro-
vide discounted drugs and other
items to members Of CO.
operating national organiza-
tions. Launched a scant two
weeks ago, the mail order busi-
ness already has attracted sew
eral hundred orders from
throughout the country where
fair trade laws are in effect.
Although the orders are pres
emily filled in slack hours by
regular pharmacists in one Of
the company's stores, Sav-Mor
has provided space in its new
warehouse at 1910 New York
avenue NE, to handle that
business in the future. !:
Mr.. Pearlman is convinced
that that segment of his trade
may someday eclipse his drug
store sales-"if fair trade laws
continue. He said 81 States
still enforce such legislation.
The Kefauver investigation
OF drugs opened up the whole
question of prices" Mr.. Pearl
man declared, land people are
taking a greater interest in
this. It's only natural they
should look for better prices"
Evening star., 1960-08-05
Autumn Clothing
Boosts RetuiIino

NEW YORK, Aug. S (AP).-
Rising interest in fall apparel
boosted retail trade in the week
ended Wednesday moderately
above the previous week and
slightly higher than the cor
responding 1859 week. Dun g.
Bradstreet, Inc, reported today.
Dollar volume was UNCHANGED
to 4 per cent higher than a
year ago.
Increases in women's ap-
parel, furniture. floor cover
ings and new passenger cars
offset declines in mems ap-
parel and most major ap-
pliances on a year-to-year
basis.
A marked rise was noted in
purchases of women's fall
coats. dresses, furs and
sweaters. There was an in
crease in buying of children's S
back-to-school clothing.
Sales promotions helped
boost volume in outdoor lines
Of furniture. upholstered goods
and dinette sets moderately
over last year.
Evening star., 1960-08-05
Arlington Trust Co.
10 Mail Stock Ridhts

Arlington Trust Co. will mail
stock purchase rights to stock
holders on August Is and they
must be exercised by Septem-
ber 20, after which they will
expire.
President Ernest D. Wilt an
nounced the dates in connec-
ton with the Offering of 5000
shares at the rate of one new
share for each 2la shares held
as of record August S. The new
stock will be issued on Octo-
ber l.
The $40 per value shares are
being offered to holders at q
price of $40 a share and will
raise 100000 of additional
capital to meet growth ex-
pected to result from a new
branch at Columbia pike and
South George Mason drive
The offering will increase cap
ital stock to $1,350,0Oo from
S750,00O.
Evening star., 1960-08-05
'Danlas;cusBan
plans 331 Pct.
Stock Melon

Directors Of the Bank oi
Damascus at Damascus, Md.
have declared a common stock
dividend Of S3Ks per cent. Pres
ident H. s. Hyatt announced
today. g..
The dividend amounting tc
one new share for each three
shares held Of record August
is subject to a vote by the
stockholders and approval Of
regulatory authorities.
President Hyatt said the diyi.
dend would give the bank total
capital stock Of $125,000 end
a surplus of $105, 900.
The bank has grown steadily
IN recent years and its coz,
munity has had rapid growth,
Deposits totaled $4.041,090 on
June 80, compared with $685.
622 on the same 1859 date, q
Jump Of more than IA per cent,
Loans and discounts rose to
$2,729,357 on June 80 from
$2,301,581 a year earlier. Total
assets reached $4.430,679, COM
pared with $3,890,1S0 a year
earlier.
Evening star., 1960-08-05
FNMA Coupon Rate
Is Sian of Times

Rejecting the current down.
turn of interest rates, the Fed
eral National Mortgage Asso-
citation has attached a 4ls per
cent interest rate to it's latest
S75 million offering of 1l-year
secondary market operations
debentures.
Only about six months age
on January 26, FNMA mar
keted $100 million of 12-year
bonds with a Sc per cent in
terest rate. They were priced at
99's to yield SIT per cent to
maturity.
Price for the new Offering
neXt Wednesday has not been
fixed but the resulting yield
probably will not be too far
from 4 per cent. The deben-
lures will be dated August %
and will mature August 10,
1871.
Evening star., 1960-08-05
Lower Prime Rate
Would Be PuzzIinq

Washington bankers wouldn't
be surprised to see the prime
rate lowered by New York
banks in the next few weeks,
but for some of them at least
such a move doesn't make
much sense.
| Washington bank deposits
have not quite held even since
the June Is bank call and
banks have had to sell more oi
their investments in order tc
expand loans to meet the de-
mand.
1T doesn't make much sense
to cut interest rates when GUS
toners are having to stand in
line while we try to find the
funds to lend them," said one
banker.
Evening star., 1960-08-05
Area Store Sales
! Pet. Behind 1859

Department store sales in the
Washington Metropolitan Area
Jagged / per cent behind a year
ago in the week ended July 80,
despite a gain Of 4 per cent
from the previous week, the
Federal Reserve Bank of Rich
mond reported today.
Area sales in four weeks
ended July 80 were S per cent
behind a year ago. while sales
for the year to date were down
2 per cent.
The downtown portion of the
area sales was 7 per cent be-
hind a year ago in the week
ended July 80 and also was 2
per cent behind the previous
week. Four weeks sales down.
town were down 10 per cent
Evening star., 1960-08-05

palgn from Washington head
quarters today reported founda-
tion membership now includes
1,788 insured savings and loan
associations throughout the
Nation with combined assets Of
more than $50 billion. .
The roster includes "A per
cent of the Nations institutions
insured by the Federal Savings
and Loan Insurance Corp. and
81 per cent of their total as
sets, he said.
Referring to effectiveness of
the foundations national ad-
vertising campaign, Mr.. Divers
declared Month after month
we are telling the people of the
United States the benefits of
saving with insured savings and
loan associations.
When our advertising ap-
peared first in 1855 there were
13 million people with savings
accounts in such associations.
Now the number is 26 million
savers A substantial part of
this increase can be attributed
to constant encouragement of
people of all income groups to
have nest-egg to meet future
needs or wants"
The foundation has 80 mem
ber associations in the WASH
ington Metropolitan Area after
deducting duplicating branch
memberships.
Twenty-Five District member
ships represent "a main Offices
and a branch of a Maryland
association.
Thirty-eight memberships in
Maryland include three WASH
ington suburban main Offices,
six branches of District asso-
Citations, Is in Baltimore and
associations in other cities.
Thirty-six memberships in
Virginia include main Offices of
three Washington suburban as
sociations.
Evening star., 1960-08-05
BUSINESS BRIEFS

Olin MathiesOn Chemical
Corp. has received a $25 million
Air Force contract for a chemi-
cal rocket fuel called hydrazinN
1t will be used in the Titan II
intercontinental ballistic mis-
sile.
Kaiser Aluminium & Chemical
Corp. raised prices about Il to
q cent in various cassifications
Of alloyed ingot and aluminium
mill products.
Automatic Canteen Co. Of
America said 1t will file a regis
tration statement with the secu-
rites and Exchange Commis-
sion in connection with the pro-
posed acquisition of Hubshman
Factors Corp. Of New York.
Goodyear Aircraft Corp. has
been awarded Navy contracts
totaling $4,5 million for con-
struction of simulator-trainers
for two aircraft types. Good
year Aircraft is a division of
Goodyear Tire g. Rubber Co.
ACF Industries, Inc. re-
ported receipt Of q "a, ,389 900
subcontract for production and
special tooling of 212 welded
hull assemblies for the Army's
M-8S tank recovery vehicle.
The subcontract came from
Bowen-Laughlin York Co. of
York, Pa.
Eleven major variety store
chains first-half sales we're al
most six per cent above the
same 1859 period. The Variety
Store Merchandiser reported
sales totaled $1.2e billion COM
pared with $1.l9 billion.
Electric Autolite Co. Of To
ledo will buy control of the
Equitable Leasing Corp. Of
New York, the two firms said.
Electric Autolite has agreed to
purchase 100000 shares of
Equitable common stock from
Equitable and $2,880,000 in
Equitable convertible deben-
lures. The purchase prices were
not disclosed.
American Airlines carried a
record number of passengers
and few a record number Of
revenue passenger miles during
July, G. Marion Sadler, vice
president said. The line carried
745, 900 passengers and recorded
597 million revenue passenger
miles. .~
Gas Appliance Manufacturer
Evening star., 1960-08-05
August toSee
targe0utput
0f19l61 Autos

Wards Automotive reports
today estimated passenger car
production this month will run
Ito 3l6.S00 units compared with
.239,149 units last August.
OF the total, Wards said, %
per cent will be 1861 models.
Production this week was
estimated at l02,07l cars COM
pared with 107,019 last week
and 108,240 in the similar week
ol 1859. Included were some
1851 models of Valiant
Plymouth and three new smaller
cars, the Oldmobile F-S5, Dodge
Lancer and Buick Special.
Wards said American Motors
built $3.50 Of It's 1861 models
during June and July. An
American Motors spokesman
said the figure was much toe
high, that only several hundred
had been built for dealer pres
entations. Regular 1860 model
Rambler production ends to,
day. Pontiac also finishes its
1860 run today.
Wards said retail sales In
July we're Is per cent below
July sales in 1859.
II was the first time this yeal
that monthly sales of domes-
tically built cars fell below the
same 1859 month.
The statistical agency re.
ported Ford Motor Co. daily
sales fell by 14.9 per cent from
July last year. partly because
Of a two-week strike that cut
production Of the Falcon and
Comet compact cars
Dealers sold 428.354 new cars
during July for daily average
Iof 17,l34. This compares with
1859 figures of 452.57l for July
a daily average of 1880.
General Motors Corp. &C.
counted for 46.3 per cent oi
July sales. Ford, 27.3; Chryslel
Corp. l7.2: American Motors
IA, and Studebaker- Packard
l.8.
Compact cars accounted fol
27.1 per cent Of JulN sales
Rambler topped Falcon for thu
second straight month.
Chevrolet said its new cal
sales Of 1,059,l28 for the first
seven months of 1860 set 9
new industry high. Chevrolet
also set the old mark of l,007,.
524 in 1855.
The division said the tota
! included l29.S $50 Corvairs.
Evening star., 1960-08-05

changing drug store business,
he noted. some things remain
constant.
"The prescription depart
ment is still the heart of the
store" Mr.. Pearlman said.
Now. though. only about 5 per
cent of the prescriptions we fill
are of the emergency type. The
rest are items used constantly
prescriptions which people
use over and over and know
the price Of"
Mail Orders Accepted
A controversial figure in the
business, Mr.. Pearlman readily
admitted that his pricing pol
icies have caused him problems.
One Of them recently took the
form of a lawsuit by the Up
john Co. asking damages from
Save-Mor's Bethesda store for
allegedly filling prescriptions at
prices below fair trade, mini
NUNS. The suit charged that
the pharmacy sold Upjohn pills
at lower prices than those per-
mitted under Maryland fair
trade laws.
II fair trade laws have
caused him some discomfort in
Maryland. their absence in the
Evening star., 1960-08-05
Leesburg Engineering
Firm in Biq Project

Develo pment Engineering
Corp. of Leesburg, Va. and
WASHINGTON has been chosen
by Cornell University as one
Of four-company team which
will Jointly produce the final
design for the worlds largest
radio telescope. President Les
ter Carr announced.
The ionospheric radar probe
powerful enough to detect ar
object about 3 feet square
at a distance of $4,000 miles
will improve astronomical meas.
urement accuracy at least II
times.
Cornell is the prime con-
tractor and other members Of
Evening star., 1960-08-05
Bortnick Heads
Crone-HoII Corp.
Management

Morris Bortnick, veteran In
the retail pharmacy field here
for many years, has been ap-
pointed president and general
manager Of the Crane Hall
Corp, which is marketing
dental hygiene products.
Mr.. Bortnick. past presi-
dent Of the District Pharma-
ceutical Association and now
president Of the District Board
Of Pharmacy. will take over
company management.
In less than three years the
Arm has established outlets In
IS States and anticipated tctal
national coverage by the end
of this year. 1t also Is au-
thorized to do business with
Federal Government agencies
under the General Service Ad-
ministration clearance.
1t markets three products
Gum-Kare Gumifrice, Bio
Gum = Kare and Gum Kare
Massage Brush.
Mr.. Bortnick is a native OF
Washington and a graduate
OF the George Washington Uni
versity School Of Pharmacy
After graduation in 1910 he
went to Newfoundland as q
civilian medical supply officer
In World War II he went tc
Costa Rica to direct hospital
supply activities in the Central
America area. After the war he
Joined the United Nations Re-
lief and Rehabilitation Agency
as chief of medical supply In
the Balkans. He then returned
here to enter the retail phar-
macy field.
Evening star., 1960-08-05

Assn. said that first half ship
mentS Of gas conversion burn
ers was l4.6 per cent above the
same 1853 period. Boiler ship
ments exceeded year ago figures
by 10 per cent.
Heavy Construction Con-
tracts awarded during the week
ended Monday increased to
$56l.7 million from 1865 mil
lion the previous week. bring
ing the total for the year to
$l3. 3.92S,8o0. 900. or 9 per cent
ahead Of the 1859 pase.-Engi-
neering News Record and Con-
struction Daily.
Evening star., 1960-08-05
CHICAGO
LIVESTOCK

CHICAGO, Aug. s tAP) (UsDA
Hogs 4:.500; moderately active, butch
ers under "40 lbs 25 to lower. weights
over "40 lbs weak to mostly 25 lower;
sows steady to weak fair shipping
demand; mixed lots I--2 and mike / 3
190-240 lbs 1S00-1S.40; forty-three
head mostly 1-2 2OO-220 lbs Is. .65; ;
mixed l-3 and 2-3 19O-27O lbs II so
1923; mixed 2:-3 and 3s 270-30O lbs
l1.25-11.15; mixed grade 3-3 and IS
300-400 Id sows 14.75.l7.GO; mixed
sra9e % and Rs 400-550 lbs 1916
1900.
Cattle 300; calves none: small re-
ceipts largely cows: utility and COM
mercial cows SLOW, weak; Gamers and
cutters steady to strong; Tot enoueh
slaushter steers. heifers, bulls or weak
ers on sale for a price test: a small
lot cioire $50 III steer yearlings rs. so:
few head good 500 III heifers 32.25;
utility and commercial cows 13.Q0-
lh."J; Gamers and cutters IL So
1000: a few standard vealers is. 90
1000; culls down 10 l2.nO: a load Of
choice 7"l lb feeding steers $3.50.
Evening star., 1960-08-05
Freight CorIoodines
Dip Slightly in Week

Railroad freight carloadings
eased of slightly last week to
6l4,236 cars. the Association of
American Railroads reported.
This volume, for the week
ended July 80, was 5,548 cars,
or 0.9 per cent below the pre-
ceding week. and 69,374 cars,
Oh 1877 per. cent above the
same week last year when a
Nationwide steel strike was on.
Evening star., 1960-08-05
Ray OtIey Heads
PRINTING Groun

Ray Otley Of the Dexter
Folder Co. has been elected
president of the WASHINGTON
Printing Supply Salesmen's
Guild.
Other new officers: Pau
Schafer. Harris Intertype Corp.
vice president; Walter Thomas
George Keller Co.. secretary:
Lewis F. Powers, international
Printing Ink, treasurer.
Elected to the board were:
B. E. Mcdonald. Edward Whit
ing, Marion Reading and Will
liam Henaghen.
Evening star., 1960-08-05
Toy Shipments Rise

NEW YORK, Aug. 5 (AP).-
The first half-year's toy ship
ments topped those of a year
ago when sales set a record,
the Toy Manufacturers of the
U. S. A. said. President Charles
S. RaiZen said an increase of
9.3 per cent in shipments indi-
Gates a possibility that 1860
sales may reach a new high.
Evening star., 1960-08-05
Eurnines

National Dairy Products In
the 6 months to July 2 earned
$25,075,71S. or, S1.78 q share, VS..
$24,232.397, or $l.72 a share. in
the 1859 period.
Sinclair Oil Corp. in 8 months
to June 80 earned $2l .66l ,95l
or <l.40 a share, VS.. $26.599.-
$50. or $l.73 a share. in the
1859 period.
United Air Lines In 6 months
to June 80 earned 81, ,704, 900. or
43 cents q share, VS.. $7,39l, ,973.
or $l.99 a share, in the 1859
period.
Other earnings:
Evening star., 1960-08-05
Foundation Of Insured
Sovines and Looms
Is Growing Steadily
BY DONALD b. HADLEY
Star Financial Editor

The Savings and Loan Foundation. Inc, which is
Quoting nationwide campaign emphasizing the Importance
Of Federal insurance savings and loan is
ing steadily. e..- ....e .s-
William K. Divers former chairman Of the Federal
Home Loan Bank Board who directs the foundations
Evening star., 1960-08-05
METALS

NEW YORK, Aug. 5 (AP).-spot
33 cents q pound, Connecticut Valley,
lead. IL cents a pound, New York,
Zinc. 13 cents a pound. East st. Louis,
Tin. .04ss pound. New York. Foreign
silver. 91ss cents per troy ounce New
York.
Pittsburgh scrap steel No. heavy
was quoted by Iron Age at 30. 0O-3l 90.
Evening star., 1960-08-05

the design team include: Vor
Sch, Inc, of Waverly, Pa:
Praeger & Kavanagh, New York
engineering firm; Severed
Elstad-Krueger Associates, en-
gineering consultants.
Evening star., 1960-08-05

So gorgeous ceres; voey holt, cleored and fenced;
hiIly hof, beautiful woodland. A marvellous invest
ment in lond clone. just As minutes from D. c. in
Forfox County. The lake is stocked with orse boss.
hos finest swimming pool equipment, barbecue pit
end rustic eobono. The Civil War frome home is
completely modernized with bedrooms, z boths,
lovely living room, dining room, den, firepIoees,
basement reereotion room, G-E kitchen. There is o
barn and o new 6-eor soroee.
DIRECTIONS: 80 4 al to mile east OF CentreUille,
Va: turn south at sign TO Clifton; miles south to
Clifton: cross railroad turn right on Harris Street
"a mile to Hidden VALLEY.
Evening star., 1960-08-05

and those for the year to date
were 8 per cent lower.
Evening star., 1960-08-05
OYER COUNTER

Washington listings on over-the-
counter markets furnished BY the Ma
tional Association of Securities Dealers
as Of l pm. Friday. August g.
Evening star., 1960-08-05
FOREIGN
EXCHANGE

NEW YORK. Aug. 5 CAP).-Foreisn
exchange rates 'Great Britain and
Australia In dollars, others in cents
and decimals OF q cent?:
Today Prev Day
Evening star., 1960-08-05
TREASURY BONDS

NEW YORK, Aug. S (AP). - Yester.
DAYS closing over-the-counter limited
States Government Treasury bonds.
Evening star., 1960-08-05

7 IIOVS QUU(OU III UVIIl
seconds.
Partially tax exempt.
Evening star., 1960-08-05
MUTUAL FUNDS

NEW YORK, Aug. 4 NP).-Nstional Asss.
elatiea Securities Dealers. Inc
Evening star., 1960-05-22

agencies. The old owners had
said they should be allowed to
develop the area themselves.
The Columbia Plaza project
will be argued further at the
open hearing in the District
Building at 2::30 pm. Tuesday.
The Southwest DPS Griev-
ance Committee, a new group
comprised Of people evicted
from Southwest Washington,
will object to any expansion of
urban renewal in a statement
extremely critical of the RIA.
This will be the opening salvo
in the groups war on urban
renewal. The grievance COM
mittee is an arm of the newly
formed Citizens Rights Coun-
Gil.
The Friday meeting will be
behind closed doors between
the District Commissioners and
representatives Of the RIA.
Already, District aides have
drafted a lengthy statement
setting forth problems con-
nected with rebuilding part of
Northwest. .
Although the statement is
still being studied by the Com
missioners, arguments against
expansion Of RLA's activities
are fully developed. Principally,
the opponents of RIA expan-
sion into Northwest contend
nothing should be done until
the highways in the area are
located. They argue the Dis
trict cannot afford the match
Evening star., 1960-05-22

ing money for the project and
should not take on any more
relocation problems. Some Of
f1cials have suggested a delay
Of from six to eight years.
Sees Breach Of Faith
The RIA counters that put
ting of rebuilding Of the North
west project would amount to
a breach Of faith with those
fighting the slums. RIA Of
ficials contend that merely en-
forcing the building code-an
alternative the District may
offer-is not the answer. Al
ready money for seven addi-
tional building inspectors has
been authorized.
The Northwest section at
stake is near Union Station. 1t
is an 834-acre area between K
street and Massachusetts, ave-
Evening star., 1960-05-22
Bride Arrives
By Motorbout

GATINEAU POINT. Que,
May 81 (AP).-Ruth Pelletier,
10. went to her wedding today
by motorboat.
The flooding Ottawa River
was IL inches deep at the Pei
letters doorstep in this COM
munity across the river from
the capital.
In full-length white dress,
Miss Pelletier was handed into
the boat by her father, Samuel,
to keep her date at the altar
with Gerard Lalonde, %.
Evening star., 1960-05-22
Urban Renewal Faces
Two Bottles This Week

This week promises to be a
crucial one for the urban re-
newal program in Washington.
There will be a head-on clash
Tuesday between q new citi-
zens group and the slum clear
ance agency.
This will be followed by an
other verbal collision on Fri
day between the District Com
missioners and the Redevelop-
ment Land Agency.
The Tuesday meeting will
launch a new attack on the
urban renewal program as a
whole. while the Friday one is
slated to determine whether
the RIA can rebuild a section
of Northwest Washington.
Reappraisal Possible
The two sessions could lead
to a reappraisal Of urban re-
newal in Washington. Already
a bill is pending in Congress
to keep the RIA from going
outside Southwest until the
work there is almost finished.
Also, there is a body Of busi-
nessmen opposed to letting the
Federal Government help re-
build the IA acres in Foggy
Bottom between Twenty third
and Twenty-fifth streets and
E and G streets NV.
However, this opposition was
cracked last week when the
new owners of most of the land
in this Columbia Plaza project
announced they would like tt
develop the area in co-opera.
ton with the urban renewa.
Evening star., 1960-05-22

nue. on the south, n and North
Capitol streets on the east,
Fourteenth street on the west,
and U street and Florida ave-
nue. on the north.
Evening star., 1960-05-22

Adding urgency to q decision
on the Northwest project is
the approaching deadline set
by the Federal Government.
The Housing and Home FL
Evening star., 1960-05-22

ance Agency warned the RIA
April / 1t would withdraw its
offer Of SO million toward the
project if plans were not COM
plete this month.
Evening star., 1960-05-22
SHOP MONDAY
l2:30 to 9

Store Hours: Mondays,
1890 to 9: Tuesdays, We'd.
nesdays and Saturdays, 10
10 o; Thursdays and En-
days. 10 to 9. Free Parking!
Evening star., 1960-05-05

2o-ineh block fire bowl 34-nch diameter tubvIor
legs with 5-neh red disc wheels. Exclusive "Sof-
T.lok" grill iftina device
The Farmville herald. (Farmville, Va.) 1957-current, 1960-07-29

Tommy and John. Of Mt. Rainier,
Md. visited Mr.. and Mrs. W.
G. Horsley last week.
i Mr.. and Mrs. Otis Lawson.
Betty. Linda and Otis, Jr.. of
Richmond visited Mr.. and Mrs.
T. G. Adcock.
Mr.. and Mrs. Steven Boron
and son. Butch. of Cleveland,
Ohio. visited Mr.. and Mrs. c. G.
Toombs. They and Mr.. ToombS
and daughter, Emma. visited
Mr.. and Mrs. Otis Lawson, of
Richmond, on Sunday.
John and David Viccellio. of
Norfolk. spent last week with
their uncle and aunt, Chapman
Glover and Miss Mary E. Glover.
Mr.. and Mrs. w. G. Horsley,
Mr. and Mrs. Harry Wyland and
Fave Wyland will leave this
week for Mt. Rainier. Md. to
visit Mr.. and Mrs. w. Gill Riggs
and family. They will also visit
MIR. and Mrs. Albert Wood, Jr..
in Portsmouth.
Mr.. and Mrs. Raymond Dolan,
of Dayton, Ohio, are expected
early in August to visit Mr., and
Mrs. T. G. Adcock and Mr.. and
Mrs. W. F.. Branch and other
relatives.