davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-03-07
PONTIAC ST

PONTIAC 81
Bonneville convertible: fuel injec-
tion. fully equipped and powered.
This one Is q classic, very few
on the road: definitely o car Of
distinction. This may be your
type car: priced low,
$1,685
Open Daily. 9 TIL Q: Sun. q TIL 4
WILL FINANCE TO YOUR BUDGET
STAR PONTIAC
A07 Florida Ave. NE. Ii. 8-7204
26' YEARS SAME LOCATION
Evening star., 1960-03-07

PONTIAC SO Bonneville hardtop
sedan; Rreen and white. power
steering, power brakes. Special,
s2;seS; ccc guar, -.
Capitol Cadillac-Old Co.
1922 22nd st, NV. FE. 7-2eo0
OUR 26th YEAR
PORsCHE $50 convertible coupe;
red finish with black top; ike
new condition: S3. 100. MoNRoE
FORD CO.. 1927 East-West hwy.
Silver Spring. Md, JU. 6-7s04.
RAMBLER 80: lowest prices. L. p.
Stafford, INC, S5O7 Coiesyille
I'd. sil. Spring. Nd, JU. 9-SI0O.
Si,4S5 with $500 down. $40 Der
mo. oRRISoN RAMBLER. INC.
warwick ave. and Lee hwv., Fair
fax, CR. 1910. Sales and Serv.
Evening star., 1960-03-07

Jack Blank Pontiac
1887 Irving St. NV. AID. 4-s5Oo
3460 l4th st, NV. RA. 3-o670
BANK ON JACK BLANK
PONTIAC '5s Chieftain Catalina
coupe: hydramatic. radio, heater:
BLACK and white: week end special,
Sl,595.
Jack Blank Pontiac
1897 Irving st. NV. AID. 4-sbOo
3400 l4th St. NV. RA. 3-g670
BANK ON JACK BLANK
Evening star., 1960-03-07
MACHINERY and EQUIP.

FORD, Ferguson tractor, with
fTont-end loader and back hoe
attachment: reas. Call Ell. g.
1880 or LO. 7-2542 after 2 pm.
Evening star., 1960-03-07
OLMSTEAD

OLDS $50 Dynamic "sS" Holiday
equipped; S1,395 value; sale price
Evening star., 1960-03-07
AUTOMOBILES FOR SALE

ANGLIAS-The all-new 1860 Eng
dsv at JET ENGLISH FORD, 1874
Pa. ave: sc. Ii. 4-23O0.
AUSTIN 194s; $4,000 miles; 40
miles per gallon
CHEVROLET 1860 4-dr. Impala
hardtop: fully equipped. auto.
trans, T. and h, Wv. tires
TW. 1852.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

GENERAL g ELECTRIC
Dishwasher DisposolI
. Ronse Refrigerator
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10
FinIoyson Entry In Maryland

shortly after World War II.
In that period he has built
about rs homes in the Mont
gomery County area.
A spokesman for the builder
said he believes Festival Wis
itors will be particularly in
tereSted in the 'neighbor-
hood of individually designed
custom homes spaced on
gently rolling one-half to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

Graham Finlayson has en-
tered a Fall Festival of Homes
exhibit at 1904 Greenhill
drive in the Springbrook
Estates development in Mont
gomery County.
Mr. Finlayson designed the
homes. He has completed two
in the development, which
has both rambler and split
level models of three to five
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10
Realty Shorts

Randall J. Hicks, chairman
OF the Boards Multiple
Listing Committee, said the
dollar volume of sales this
August was $6,320,760 COM
pared with $3,430,830 for
August, 1859.
The figures represented
308 homes this year and 1877
last.
During the first eight
months of this year, sales
have totaled $40,418,798 COW
ering 2.029 homes, compared
with $29.128,726 and 1,541
homes for the corresponding
period of last year.
\ y X y
Philip r. Lamb has become
a member of the firm of Beers
Brothers, Inc, as an associate
appraiser, w. E. Beers, presi-
dent, has announced.
Mr.. Lamb is a graduate of
the University of Maryland
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

bedrooms and two to three
bathrooms. Minimum price is
$31,490. Agent is Duffie, Inc.
A number of builders are
working in this subdivision,
which will have a total of rs
homes when all are COM
pleted.
Mr.. Finlayson is a second
generation builder and has
been in the field himself since
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

penditure but rather as an
investment. 1t is not only a
sound investment for the
Government from a strictly
financial viewpoint but also
as an investment in helping
build a better America by
helping to provide for its peo-
pie the highest standard of
housing to be found any
where in the world.
Without the availability of
the various Fannie Mae pro-
grams through the years, it
is doubtful whether as many
families would have been able
to obtain the reasonable and
suitable financing necessary
to make possible the purchase
Of a home of their own. 1t is
doubtful that the American
home building industry could
have achieved its remarkable
result without the benefits
availa Bile through this
agency.
Three Programs
Since November, 1854, when
FNMA's current Charter be-
came effective, the Associa-
ton has conducted three sep
arate and distinct major pro-
grams. These are, the Sec
ondary Market Operations
programs, the Special Assist
ance program and the Man
agement and Liquidating
program.
The role that Fannie Mae
has played in housing has
been particularly notable
during periods when the
mortgage market has been
tight" Fannie Macs chief
purpose under its secondary
market operations is to
provide a degree of liquidity
to the residential mortgage
market" Therefore, when
housing monetary credits are
in relatively short supply, the
industry turns to Fannie Mae
to sell its mortgages. When
mortgage money is abundant
and private financial insti-
buttons are seeking sound
investments, they come to
Fannie Mae to buy mortgages.
Thus, the association eff
fectively carries out its pri-
mary function. When money
is tight" our purchases in
crease and our sales diminish.
Conversely, when the mort
gage market is enjoying a
period of so-called Tease"
our sales accelerate and our
buying tapers off.
Under the secondary mar
ket operations program, the
Association purchases FILA
insured and VA-guaranteed
mortgages at prices deemed
to be within the range of the
current market. This pro-
gram, under which we have
acquired approximately $3.5
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

priced housing. Approx
mately $1.8 billion In mort
cages have been purchased
thus far under these various
programs.
FNMA's management and
liquidating prog a m is
somewhat self explanatory.
Under it, the association
manages and liquidates the
remaining portion of a port
folio of approximately IS bill
lion that was either pur-
chased or committed for pur-
chase before November, 1854.
The liquidating process is
progressing successfully, with
the portfolio already reduced
by almost two thirds, through
sales, repayments and other
credits. The M and L port
folio now amounts to
approximately SIT billion
which, in due time, will be
completely liquidated.
lmpoet Greet
Because the Federal Ma
tional Mortgage Association
is not a consumer program,
or one that deals directly
with the general public, its
admittedly complex opera
lions, conducted in the back
ground, have always been
somewhat of a mystery. to the
layman. But whether Fannie
Mae programs are under
stood by the general public
as well as we would like to
have them, there is no deny
ing that their impact has
been great over a period of
years not only on the home
buyer, the home builder, and
the allied home industries,
but on the Nations economy
as a whole.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

FEWER THAN ONE OUT
OF FIVE buyers are in
position to pay all cash for
their new homes. Two Of
three Of the remainder will
finance their purchases with
conventional loans made by
savings and loan associations,
banks, insurance companies
and other private lenders.
The rest of the homes will be
bought with either FHA-
insured or VA-guaranteed
mortgages. ,
If a home is financed
through either of these
Government backed loans.
there's a fair chance the
mortgage will wind up in one
of the Federal National Mort
gage Associations loan port
folios. For Fannie Mae, as
FNMA is popularity known,
has been acquiring mortgages
at a billion dollar annual
rate during the last year.
Fannie Mae buys FILA and
VA loans from lenders iii
what is known as "the Sec
ondary Market" (not to be
confused with second mort
gages). These lenders can
then use the proceeds from
these sales to finance more
homes.
Payments Amortized
The homebuyer is usually
unaware that ownership of
his mortgage has been trans
ferred, for he continues to
make his regular monthly
payments to the same insti-
tuition as always. 1t is inter-
esting to note here that the
original lender may not have
made the loan in the first
place if he hadn't known he
could resell the mortgage to
Fannie Mae.
Thus Fannie Mae has been
of help to well over a million
homebuyers since the first
FNMA program was launced
some % years ago. During
this period. Fannie Mae has
bought over a million mort
cages totaling well over $40
billion. These are the impress
Sive facts and figures that
stand out clearly on Fannie
Macs overall performance
chart.
From the record, it is quite
apparent that the Association
has played a significant role
in housing during the last
two decades. During all this
time the Association has been
completely self supporting
and has operated with no
cost whatsoever to the tax
. payers.
While it is true that over
$40 billion has been disbursed
by the corporation for home
mortgages, this sum should
ance program and the Man
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

the architects of the houses,
which are designed in three
series-one two-story and two
split-levels. Numerous varia-
lions are possible in the three
designs, the builder said.
Homes range in size from
three to five bedrooms. They
have two-and-one-half baths
or more.
Minimum price is $38,500.
The building firm is handling
presentations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

Bancroft Woods in the
Sleepy Hollow area of Fairfax
County is the locale of a Fall
Festival of Homes exhibit of
Kettler Bros. Inc.
The exhibit home at 401
Bay Tree lane is the first the
firm has finished in the devel-
opment of LOG it plans there.
An additional Is homes are
now under construction.
Patterson & Worland are
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

Kettler Brothers, Inc, has
been in the building field in
the Washington area for more
than eight years. In that
period, it has built some 400
homes as well as about $50
commercial construction jobs.
Members of the Kettler fam
lily have been active in the
real estate field here since
1900.
Commenting on the Bar
croft Woods development, a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

and for three years has been
a salesman with Frederick w.
Berens Sales, Inc. in Silver
Spring.
4 Il Il
b. C. Nichols has an
nounced opening of a real
estate Office at 1907 o street
NV. The Office will deal in
both sales and property man.
agement.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10
KettIers Showing In Borcroft Woods

spokesman said its outstand-
ing feature is 1.-THE Dcombina-
ton Of a planned community
of half-acre wooded lots with
numerous design variations
offering ample scope for indi-
vidual taste"
Directions to reach the de-
velopment, as provided by the
builder. are:
"Out Columbia pike to
Sleepy Hollow road and turn
right to development"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10
Fannie Mae: Home Credit Source

billion in mortgages, has been
remarkably successful. Al
though a Government acti-
i, witty. most of the funds used
to finance this program have
been obtained from private
sources through the issuance
of debentures and short term
discount notes.
Stock Publicly Held
A unique feature is the
unusual capital structure,
with approximately $143 mil
lion in preferred stock held
by the United States Treasury
and about $40 million in COM
mon stock held by the general
public. 1t is also unique in
that the public shares in the
profits. Monthly dividends
have been declared regularly
on the common stock for the
past 81 months. While COM
mon stock is originally issued
only to sellers of mortgages
to Fannie Mae, it is listed and
freely traded in the market.
FNMA's special assistance
program consists of a num-
Der of sub programs under
which FILA and VA mort
cages are bought under spe-
cial presidential or congress
sional authorization. Most of
the mortgages acquired I'M
der these programs have been
purchased at par Goo per
cent of face value) or some
what under. Special assist
ance pro ra m S include
financing for victims of dis
asters, Guam, urban renew
al, Alaska, elderly persons,
cooperative housing, de-
Tense and armed services
and low and moderated
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10
Spar Vornish
For Furniture

People Sin the know" use
spar varnish for their out
door furnishings, such as
wicker or rattan chairs. This
is an exceedingly durable var
nish, designed for the wea-
ther-beaten masts of ships.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

one-acre lots"
Directions to reach this ex-
hibit home, as supplied. by the
builder are:
"Out New Hampshire ave-
nue. or Colesville road past
White Oak Shopping Center.
Continue out Colesville road
two miles and turn left on
Valleybrook drive. Follow
Duffie arrows to home"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

Potomac FoIIs-A community with its rolling hills and
picturesque valleys offers enchanting sites for Miller
built homes The homes are of traditional Colonial
architecture with functional advantages Of both romber
and split level design. Each home is distnotivey diff
ferent and imports an air Of distinction.
The Home-This superb home embodes outstanding
structural refinement blended with exquisite orchitec
turoI deoI Featuring stately entrance hall with entry
to living roo dining and poneIed library spacious
Kitchen huge enclosed family room bedrooms 2 dress
ing roon1s baths separate entrance leads to maids
room and both Recreation with fireplace, 2cor
garage Truly masterpiece acres Of woodland
setting.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-09-10

OPEN SATURDAY, SUNDAY AND DAILY II TO 6
Let representative show you these and other new
MitIer-Built homes (sonne under construction in
these areas.
Evening star., 1960-09-11
SCOTS
COMBINATION
OFFERS
FAMILY SEED
AND SPREADER
1.7.@

27A. Have on ottroctive, green
lawn the whole neiehborhood will
admire. Just give your gross the
proper food, SCOTS Turf Builder
ond FomiIys Seed, the seed
thot's weed-free and oil peren--
nioI. Combined with O Scott
Spreoder for occurote distribu-
tion. you'll have O lawn to be
odmired.
SCOTS Spreoder, reoulorly 1925
Scots FomiIy Seed, reoulorly SOS
Sove 500
W6L-The Gorden Shop.
End Floor. North Building;
also Chevy Chase,
Wheoton Plozo and Corners
Evening star., 1960-09-11
Nlll||sl1
WAYS TO PAY AT WOODIESe

WAYS III PAY Al WOODlEO
l. Regular 3O-Day Charge Account with which
you ore given shopping plote to speed your
purchases .. . eliminates the need for carrying
cash.
2. CHA :. Continuous Budget Account
plan which permits you to buy up to 10 times
as much as your oereed monthly payment You
determine yourown credit limit
3. Convenient Deferred Payment Plan for
mojor purchases This plan moy be used for
furniture, homefumishines and appliance Pur-
choses of $500 or more. No down poynent.
Convenient monthly payments orroneed.
Order by Phone "a Hours Day
Days Week Dial District 7-53OO
Evening star., 1960-09-11
HARRIS PINE
UNPAINTED
FURNITURE

The cosy and inexpensive Woy TO
have the storooe spoce you need.
Horris Pine furniture is built to
lost and may be pointed or fin
ished to fit ony decor.
Shown:
IT'D. #KP35 4-Drower Knotty
Pine Chest. 16SS
27E. #KP45 5-Drower Knotty
Pine Chest. 1888
Not Shown:
27F. #KPlo52 lo-Drower Dresser
ZIG. Bose. DB
9TH. e-Drower Chest. 2l.8
W6llLoroe Housewares,
End Floor, North Building;
also Chevy Chose.
Wheoton Piozo and Corners
Evening star., 1960-02-26

cent ahead because of his car.
He never takes out a girl be-
cause he spends his evenings
in the garage working on his
car. There are lots of worse
things than girls and one
of them is a hot rod.
TROUBLED MOTHER.
Give him time. I'd rather
have my son "ga ga" over a
body on four wheels than
some of those 1 have seen on
two legs!
Dear Abby: I am Is but I
am very mature for my age.
I go steady with a boy who
is IT. He is also mature for
his age. We are very much in
love and plan to get married
in three years. When we get
married we do not want chill
dren right away. Will you
please tell me exactly how
married couples put off hav-
ing a family until they want
one?
Please don't tell us to ask
our parents, as they are not
the kind you can talk to.
MUST KNOW.
/ don't furnish readers
married or unmarried) with
information on birth control.
Evening star., 1960-02-26
NOTES TO READERS:

A well recommended speech
therapist is the one to send
your child to for correction
of a lisp.
After an eight-year study
Evening star., 1960-02-26
jim BISHOP:
REPORTER
Are We Facing Synthetic Steak?

His face wears like a craggy
hill. There is confidence in
the slow manner in which he
reaches for an ashtray, a PEN
Gil, an idea. His name is DR..
Byron Shaw and he has a big
Office in the Department Of
Agriculture. I asked him if
the people Of this country
might Starve someday.
DR.. SHAW ROLLED a
pencil back and forth across
the desk blotter. Someday,
he said, is a long time ahead.
Well, I said, let us take the
year 1000. That's only 40
years ahead. In that time,
the number of mouths to feed
in the United States will
jump from 180 million to
800 million. Can we feed
them?
The doctor, one of the fore
most agronomists in the
country, smiled forgivingly.
mo problem" he said. I'VE
will be able to feed that many
people and more"
Land isn't our problem. Nor
food. It's water. We use $50
billions of gallons every day
and except for the East, the
water table recedes. In the
year 1000, we shall be using
$40 billions of gallons.
The United States has five
experimental stations that
are now taking sea water and
distilling it into fresh, and
taking brackish water from
far beneath the surface of the
Midwestern States and max
ing it pure and fresh. The
cost used to be $40 per thou
sand gallons. 1t is now $1.45
still too high.
DR.. Shaw and his group of
practical dreamers are now
trying to find out what makes
a plant tick. If nourishment
is dissolved in water. and
placed in the ground, how do
the lacy roots of the plant
pick the food out of the
water, concentrate it, and
run it up the roots into the
plant? The Agriculture group
is now using radioactive
tracers in the plant food, and
taking X-rays of how the
plant does it. They'll find out.
A corn farmer noticed one
day that some of the leaves
on his stalks pointed up and
down the rows, and some
pointed across. He wondered
why. At next spring planting,
he took some of the small
corn seeds and pointed one
whole row in one direction,
and another row in another.
When the plants started to
grow, all the leaves in one
row were parallel, those in
the next row grew crosswise.
Evening star., 1960-02-26

were such she didn't get into
the college she wanted. She
came home and started a sec
retarial course, but dropped
it. She sometimes looks for
a job, but never finds any
thing suitable.
We can we'll afford to take
care of her but she isn't
meeting any people and
rarely sees any of her old
friends. She has one faith
full boy friend whom she
goes out with every week end,
but she admits he's a jerk.
Paula K.-My parents keep
telling me to call up my old
friends, but I just can't do
that. Most of them are mar
ried. Some of them are away
at college and rarely come
home. I don't have much in
common with either group.
I realize I have to find
some social life, but it isn't
easy. OF course, could meet
people at a job. but I don't
have the qualifications for a
job in a good place.
I'm at a sort of crossroads
in my life and my parents
should leave me alone until
I'm sure of what to do next.
If worse come TO worse. I can
always marry Faithful Fred.
THE COUNCILS VIEW
Paula is right in asking for
a let-up of pressure from her
parents. Yet we wonder
whether she actually is going
through such a crossroads
period. Her difficulties may
go deeper than her parents
suspect and that her lack of
friends is just one sign Of
inner trouble.
She is too ready to leave,
things to chance. She should
recognize that chance is a
poor master. 1t operates
blindly. senselessly and few of
its moves are in favor of the
individual who depends on it.
Paula's failure to get into
college was a blow. but judg-
ing from her general attitude
we suspect that she did not
make an all-out effort to
succeed. Some wrong idea or
emotional obstruction stood
between her and her goal and
we think she should try to
overcome it. We don't think
this can be done by sitting at
home.
Paula shows that she is far
from ready for marriage. If
she wants marriage now or
later, she should make an
effort to meet desirable men.
She should not use faithful
Fred" as a substitute.
Copyright 1860. Gen. Features Corp }
Monday: Go Back Asoin3
Evening star., 1960-02-26

Married couples can obtain
this information (free) from
their local Planned Parent
hood Center. Those whose re-
ligiOn forbids this should talk
to their clergymen.
= y =
Dear Abby: I am a woman
Cover 2D who has never been
married. I met a man whose
wife is serving time in the
State penitentiary. This is
her third time and she will
be there until 1866. He tells
me that under these circum-
stances he does not need a
divorce from her to marry me.
Is this correct? 1t doesn't
make sense to me. He says
this is called automatic di-
vorce."
TAKING NO CHANCES.
There are no automatic"
divorces. If this man is de-
liberately trying to talk you
into a marriage which he
knows to be illegal, tell him
to get lost.
y y \ 4
For Abby's pamphlet, What
EUery Teen-Ager Wants to
KnoU," send 25c and a large,
Selt-dddresSed, stamped en-
UeIope in care OF "he EDe-
ming Star.
(Dist. by McNaught Syndicate, Incl
Evening star., 1960-02-26
MARRIAGE LICENSES

st, NV. and Gail Nauhein, Il,
S91o Military I'd. NV.
Albert L. Smith jr., 27, 2I2I u at
niT, and Gail O. Evertsen. 2i,
Francis O. Robinson. 80. 6O2 2znd
s. NV. and Martha A. Goss, 90,
Santa Barbara, Calf.
James 2 Linder, "a. Gaffney. 9. C
snd TS Ester B. Cox. 20, Baltimore,
Manuel p. Barra. 81. and IaIi. c
Garcia. 80. both Of Mexico City.
both Of Radford, Va.
Leroy, Cantrell. %, oainesville. Ga,
sno Peggy J. Foxx, 21. Greensboro,
Roy N. Alexander. 25. sess 18th St
nv; and Emogene c. Cochran, 20,
159I 18th st. NV.
Harold y. Noone; L.. Lewisville. Ky,
eaqk, saq MsEy AZ r Williams 81 Takoma
Richard [. rinsley. 21. Bowie, Nd,
and Dawn N. LeiSsler. Is, Arling-
Charles r. Mccloud, ~. Detroit, Mich.
and csrleen Z. Stewart, 20, Aceo-
Kenneth L [. wieks. IS, 1928 ralb.rt
ter. Sc. and Carolyn J. craV-
ford. 10, 1912 Talbert st. Sc.
-.ph L. DeenihGn, 81. and Mary
4. childs. 20. both Of 1645 Fort
Thomas A Fleming. 81. Baton Rouge,
Ia, and Hazel A. Pack, 20. ciays-
Evening star., 1960-02-26
School Science Fair
Monday: ZoOnOses

The Rollingcrest Junior High
School. West Hyattsville, Nd,
is holding its third annual SCI
ence fair this week end. Prof.
ects will be exhibited from z
to 8 pm. tomorrow and 3 to
5 pm. Sunday. Awards will be
presented from 2 to 3 pm. Sum-
day in the gymnasium Of the
school, 6l00 Sargent road.