davidaulloa/AmericanStories huggingface dataset:
Evening star., 1961-08-31
REAL ESTATE WANTED
pr HnIrSE CRnIrNr
WATERFRONT PROP. SALE

NEW South Bethany Beach house
about 100 yds. ocean; 4 bedrmS.,
. ceramic baths; garage, lge. scr.
pChs.: overlooking ocean. Beaut.
furn.; heat; SlS,5O0. May con-
slider long rental OIL. R-1h41
Evening star., 1961-08-31
WATERFRONT PROP. RENT

LARGE FURNISHED COTTAGE mr.
Leonardtown; accommodates g.;
pvt. pier, boat; SIS wk. OIL.
WOODLAND BEACH, 90 mi. D. c.
CottageS, netted pvt. bch. $50 wk
up. lmmed. poSs. Colonial 3-217G.
Evening star., 1961-08-31
MONEY TO LOAN

LOANS - $500 to
Sl50,OOO. Lower your payments,
group your debts. refinance your
property. Quick. honest service.
Residential, farm, commercial;
construction financing only in
State Of Maryland. Call or write
MR.. ROBERTS. 21S E Lexington
St., Baltimore >. Nd. or Saratoga
7-4047 day. night, Sun. holidays
Evening star., 1961-08-31
LOTS, ACREAGE WANTED
COMMERCIAL GROUND

ALL CASH for lots, acreage or
farms in D. c. or nearby Nd.
KAY REALTY CO. RA. $4,000
Evening star., 1961-08-31
MOUNTAIN PROPERTY
SHANNONDAIE.

SHANN0NDALE, w. VA, 55 mi,
from Wash.-Nearly new, compl.'
moo. mountain home; rec. area
" Lbeaut. club swim. pool: $4,000.
OF. 4-9107 before 9 or after 1,
Evening star., 1961-08-31
Au1OMOBIs FOR SALE AuroMOsE FOR SALE AuroMOsE FOR SALE

FORD 80 VS. Fairlane 800" Tu-
dor, straight shift. Excellent con-
dltion. Sl,695. FALLS CHURCH
Chrysler-Plymouth. JE. 2-23OO.
FORD '5S VS., 7. and h., straiEht
shift; excel. cond. $3.50. Includes
avail. financing He. 9-2272.
Evening star., 1961-08-31
Choice Downtown Location
DOCIOR'S SUITE

Splendid location for two doctors to
share office. general practitioner
and pediatrician or obstetrician
or surgeon. on ground floor Of
apartment bldg. in center of Good
Hope Hills-Naylor Garden area
and surroupded by 1000 family
dwelling units rooms and bath,
designed for practicing physician /;
S125 month. Phone LU. 1890.
Evening star., 1961-02-09

sell Martin, the firms spokes.
man. contractors often would
throw up their hands and say,
'Aw, who wants church work,
there's too many arguments.
So we'd only find three or four
others bidding on a job"
The reason was the church
building committee. Often torn
by conflict between spenders
and budget-cutters. they would
whipsaw a contractor, giving
him conflicting orders and
interfering daily with his work.
They'd get e n t thusiastic
halfway through a Job and
order a Steeple after deciding
they couldn't afford it," Mr..
Martin recalls.
Nowadays that's all changed.
The contractor deals only with
a committee chairman and the
architect - and the improved
relations are reflected in COM
petition for church contracts.
Mr.. Martin admits it's not un-
usual to run into rival bids
from 10 other firms.
But their specialization has
kept Martin Brothers safely in
the black. All told, they have
built rs churches in the WASH
ington area for a total of some
$11 ,225, 900. MANY of these
were figured on 1920 and 1880
prices, and their worth today
is several times this total.) +
Modern architecture has its
Evening star., 1961-02-09
County Federal Plans
New Rockville Offices

County Federal Savings and
Loan Association Of Rockville,
Md, will move into new offices
in a building to be erected on
Court House Square and to be
known as County Federal Saw
ings Building.
This was announced by
President David E. Belts at the
annual stockholders meeting
yesterday. The association ex-
poets its spacious new quarters
on the ground floor to be ready
for occupancy in october Of
this year.
All officers and directors
were reelected at the meet
ing and substantial growth Of
the last year was outlined.
Assets totaled $6,732,341 at
the, end of 1860, compared
with $5,895,071 a year earlier
invested savings amounted to
$5,853,808 VS.. $5,375.186. while
mortgage loans totaled $5,811,-
.020 VS.. $4,774,255. Reserves
amounted to $163.882 VS.. $l01,-
420.
Reelected directors were Mr..
Belts, w. Evans Buchanan,
Sidney z. MenSh, Theodore A.
Miller, Lewis r. Roberts, Abe
Pollin, Harold I. Glidden. Sey-
mour Abensohn, Frederick H.
Warren. Lewis r. Roberts,
Robert K. Maddox and Betty R.
Straw.
Evening star., 1961-02-09
TroiIwoys to Operate
New-Type Buses

The first Of 81 newly designed
buses will be put into intercity
service by Eastern railways
bus companies in March.
Representing a total invest
ment Of more than 81 million,
the new coaches built by Gen.
eral Motors will be used on
routes from Maine to Florida
served by member companies
of the National railways Bus
System. The equipment pur-
chase brings the total East
Coast railways fleet to more
than $50 GMC buses.
Companies involved. and the
number of buses each will re-
ceive this spring are Carolia
railways, Raleigh, N. c., Is
buses; Queen City railways,
Charlotte, N. c., 81; Safeway
railways, Washington, 81;
Virginia railways, Charlottes-
vile, Va, 10; Tamiami Trail
ways. Tampa. Fla, 10, and
Service Coach railways, also
Tampa, 4.
Evening star., 1961-02-09
u. S. Exports
Coined 1870
During Year

The government yesterday
announced final figures show
ing that civilian exports of
merchandise increased 10 per
cent last year to $19.5 SOC, 900.
Exports in 1863 totaled $l6,-
394 500, 900.
In addition to civilian ship
ments, $949.2 million in mill
tary cargoes moved abroad last
year. This was about % per
cent below the 1859 level of
81 .227, 100000.
The 1860 total for both civil
ian and military exports came
to $40. .499, 700. 900, second to the
1857 record of $20.8 billion.
The Census Bureau said
total December exports were
$l,796. 300 .000-down $4O0 mil
lion from November. Included
in the December total were $50
million Of military shipments,
which dropped nearly $40 mil
lion from November.
Evening star., 1961-02-09

the United States dollar, give
us a breathing spell in which
to tackle the core Of the gold
outflow problem.
THE crop failures must be a
lot worse Than we have heard"
comments Mr.. Pick. Russia is
reported negotiating for credits
and deliveries Of grain, various
cattle feed and neat in West
Europe, Canada. Australia,
South America. East Germany
is trying to get credits in West
Europe to finance food ship
ments. Czechoslovakia is ne
gotiating for Canadian wheat
on a one-year credit basis. "A
rough estimate Of what the
Sino-Soviet bloc would need be-
fore the next crops are available
is $500-$800 million of wheat,
other grains, vegetable oil, but
ter, meat: There's not o chance
the West will extend credits Of
this size to the collectivistic
countries.
Renewed sales Of gold by
Moscow seem inevitable as a
result, Mr.. Pick reasons. And
as she sells, she'll help curb
speculation in gold. depress the
price, shift major buyers away
from us and to the open market.
distributed 1851 by the Hall syndi-
cate, Inc. All Rights Reserved.)
Evening star., 1961-02-09
Carroll to Address
Controllers Session

Thomas H. Carroll, president
of George Washington Univer-
sity, and J. L. Robertson, mem
ber of the Federal Reserve
Board, will address the 1861
Eastern Regional Conference of
the Controllers Institute of
America scheduled at the
Shoreham Hotel April 6-8.
Mr.. Carroll will discuss the
university education Of future
corporate officers. Gov. Rob-
ertson will speak on money,
gold and initiation.
Robert w. Niche of Chesa-
peake g. Potomas Telephone
Co.. who is general conference
chairman. reports technical
sessions will be devoted to re-
lations between business and
government and to future de-
velopments in Federal taxation.
The three-day meeting Is spon-
sored BY the institutes district
control.
Evening star., 1961-02-09

Of banking, accounting, loan
service and personnel.
Mr.. Walker also announced
the election of John E. Parker
as q director of the company.
Miles L. Colean, an outstanding
housing economist, has been
named adviser and consultant
on housing and economic mat
ters.
Mr.. Sawtelle, the new execu-
tive vice president, has been
associated with Walker & Dun
lop since 1946 and has served
successfully as secretary and
vice president.
A third-generation Washing
tonian, he has LIB and LIN
degrees from George Washing
ton University College of Law.
He practiced real estate law
before Army service In World
War II. He left the Army as a
lieutenant colonel.
BE is counsel for the Mort
gage Bankers Association of
Metropolitan Washington and
is q member of the District
Bar. He lives in KenSington.
Md.
Mr.. Hatch, the new senior
vice president. became aSsoci-
ated with the firm in 1946
after serving as Navy officer
for six years. He is a native Of
California and a graduate Of
the School Of Business Admin
iStration, University Of South
ern California.
He is treasurer of the Mort
gage Bankers Association Of
Metropolitan Washington, is a
member of the Mortgage Servic-
ing Committee Of the Mort
gage Bankers Association Of
America and has lectured at
the School Of Mortgage Bank
ing at Northwestern University.
He is a resident Of Che,0 Chase.
Nd
Mr. Parker. new board men,
ber, is a graduate Of the Naval
Academy at Annapolis. He for
merly was vice president of
Sperry Rand in charge Of the
Univac Division and now is an
independent financial con-
sultant.
He is a director of National
Savings and Trust Co. here, the |
Martin Co. and Slick Always. |
During World War II, he Or
ganized and operated the North
we stern Aeronautical Corp,
which later became Engineering
Research Associates and de-
veloped Univac.
Evening star., 1961-02-09
TALKING OF BUSINESS
Martin Bros. Keep Up With Foshion
In Designing, Building Churches
BY TRUMAN r. TEMPLE
Star Staff Writer

A weekday visitor to the new
Brown Memorial A.M.E. Church
in Washington was recently
startled by a thunderous noise
from the basement.
That's a game in progress
on our new basketball court"
a guide explained. Were
adding shuffleboard and table
tennis down there when we get
more funds"
Brown Memorials novel rec
reation facilities point up a
trend that has dominated
church building in recent years
the community center idea.
Martin Brothers, Washington
contractors who built Brown
Memorial. have been keeping up
with new fashions in church
architecture and planning
since 1928.
They're one Of the few who
specialize in the field. About
80 per cent of their business
last year was in church con-
strucaon, and they note that
recreation has been a major
concern, particularly for sub
urban churches, since World
War II.
Looks and Material Change
The facade of churches, even
the materials that 60 into
them, have also changed in the
80 years since Martin Brothers
opened for business at 1909
Connecticut avenue NV.
The once popular Gothic
style, for example, has given
way to red brick Colonial, then
to contemporary designs strong
ly influenced by Scandinavian
use Of wood beams and the can
tilevered roof.
Currently Martin Brothers
are busy erecting the First
Methodist Church in Hyatts-
vile, using colorful aluminium
and steel paneling on outside
walls in the. style of postwar
skyscrapers in Manhattan.
The four brothers who found
ed the company are Russell,
Irving (now retired). John and
Fred. They attend different
churches. Their father, an up
state New York factory work.
er and part-time farmer, was
an Episcopalian and their
mother a Roman Catholic. Two
Of the boys adopted their IA
Tiers faith and two their
mothers.
In former days they took on
ali sorts Of jobs here, including
Federalist style gas stations
and some FHA-financed apart
ment buildings during World
War II, but found that con-
centrating on churches had ad-
vantageS.
Slow Competition
One was the lack Of compe-
tition.
I'm the 1920s." explains Rus
Evening star., 1961-02-09
YOUR
MONEYS WORTH
Soviet Gold Sales to Help u. S.?
" SYLVIA PoRTeR

OF all unlikely sources, Russia
is about to come to the aid Of
the United States in holding
down the price of gold in the
world markets and thereby
helping to halt the drain on
our reserves.
In the next 80 to so days, the
Kremlin will start selling gold
again in the London and Zurich
markets. predicts Franz Pick,
internationally acknowledged
expert on currency and gold
Iprice movements. When these
sales begin, they'll put great
psychological as well as physi-
cal pressures on the price Of
the metal.
In recent years Russia's gold
sales have averaged $3.50 to
$3.50 million annually. She
abruptly halted all shipments
in mid-October - Immediately
before speculation in London
hat the United States was about
to increase the gold-buying price
above $35 an ounce. For months
the gold price has been rising
but Russia hasn't sold an ounce,
and by withholding gold she has
contributed to the squeeze IN
the world supply, dramatized
the attack against the United
States dollar and intensified
the drain on our reserves.
Suspicion Cited
The suspicion has persisted
that RusSia's policy was de-
signed to add to our embarrass-
ment and problem.
There is no question but that
Russia would benefit if we
raised our gold buying price,
for she not only has an accumu-
lated hoard estimated at SO
billion, but she also mines about
$3.50 to $700 million in gold a
year.
Now, however, says Mr.. Pick,
Russian gold policy is about to
change-although not because
she wants to assist US!
Rather, the force behind the
approaching sales lies in crop
failures in Russia and China.
These crop failures are compel
ling the Soviet countries to
seek foodstuffs In the West.
The Soviet bloc can't get suf-
ficient credits so will have to
sell gold to get the pounds and
dollars to pay for the food
stuffs needed.
If this is the way it turns
out, Russia will be swelling the
gold supply in London and
Zurich at a crucially important
time for us. In the London
market transactions in gold run
only around $3.50 million a
day, and additional sales Of a
few million dollars could be
vital in pushing down the price
Of gold below 1855 an ounce
and keeping it there.
The 1885 an ounce price is
critical for two reasons. First,
it's critical because central
banks are prohibited by the
rules Of the International None
tary Fund from paying more
than this for gold, and, as the
price has held aoove this level
since october, central banks
wanting gold have been buying
directly from us and thus cut
ting our reserve.
viii Cut Speculation
Second, it's critical because
q decline below $685. would
discourage speculation agains
Evening star., 1961-02-09

businessmen and the general
public to give vigorous support
to President Kennedy's new
program for Latin America.
In its current review, Hemp
hill, Noyes g. Co., says it is
hard to see how the adminis-
tration's program can be car
ried out without unbalancing
the budget or boosting revenues
by higher taxes. 1t recon-
mends companies with large
holdings of natural resources
as the best hedges against fur
ther initiation.
Harris Upham & Co. has
issued a study of the meat
packing industry, in which it
finds some interesting invest
ment opportunities.
Evening star., 1961-02-09
AM to Drop 1900
MILWAUKEE,. Feb. Q

MILWAUKEE,, Feb. 9 (AP)
Motors Corp. an
nounced today that an addi-
tional 1900 production workers
will be laid off at its Milwaukee
and Kenosha Rambler auto
plants next week. Both COM
pany plants have been closed
this week because of what
AMC termed a general decline
in the automotive industry.
Evening star., 1961-02-09

advantages, apart from its
novelty. Mr.. Martin considers
the toughest job the company
ever took on was at the Metro
pohtan M emorial Church,
Nebraska and New Mexico ave-
nues NV. A large Gothic
structure with thick stone
walls, it was scheduled for
expansion.
I'VE had to tear out sections
and shore up those huge. heavy
flying buttresses," the builder
said. ut took us two years" !"
By contrast, many a contem-
porary building is planned with
thin walls Of steel where adding
an extra wing is no trouble.
The trend to the community
center type of church has been
especially strong since World
War II, partly due to purgeon-
ing suburbs and their throngs
Of children.
Used by Outsiders
Midweek activities are pro-
grammed heavily in many
churches in halls adjoining the
Sanctuaries. The stress is on
educational and fellowship
activities.
Sometimes organizations not
directly supervised by the
churches are allowed to use
their facilities. These can run
from Boy Scouts to Alcoholics
Anonymous to dances and
music instruction.
Il can remember q couple
Of decades ago." says Mr.. Mar
tin, when the windows Of
many Washington church
plants were dark during week
nights. Now they're lighted
most all the time. including
Saturday nights"
Martin Brothers hope they
keep them that way. A busy
church, they figure, sooner or
later will have to contract for
a new or enlarged educational
wing.
Evening star., 1961-02-09
Won KIemperer Back
At Morgan Guaranty

Alfred H. Won Klemperer has
been reelected a vice president
Of Morgan Guaranty Trust Co.
Of New York, 1t was announced
by Board Chairman Henry C..
Alexander.
Mr.. Won Klemperer returns
to the banks international
banking division after nearly II
months service as assistant to
the Secretary Of the Treasury.
Before his Washington service
he was vice president Of the
bank since 1857.
Evening star., 1961-02-09
CHICAGO
LIVESTOCK

CHICAGO. Feb. 8 (AP) CUsDA
Hogs. 800: moderately active butchers
steady TO 20 lower with decline limited
mostly TO weights $50 lbs and down;
MIXED grade l-2 and mixed ! 3 lan-
240 lbs ls.25-lS75: 95 head mostly
l-2 around 2iO lbs at Is, 90: 25 head
mostly l-2 around ZOO lbs at 1888;
mixed l-3 and mixed 2-3 24O-27O lbs
lS. .O0-1s.5O: Mixed "a and rs 90
700 lbs II; 10 1928: few loads mostly
3s 325-340 lbs 7.25-17.5O: mixed
grade l-3 and mixed 2-3 3O0-4OO 10
sows 16.25-17 .25: mixed 2-3 and 3s
4O0-5b0 lbs l5.25-16.50.
Cattle 1000: calves 100: slaughter
steers and heifers fully steady: cows
and bulls steady to weak: vealers
strong to 100 higher: stockers and
feeders steady; few loads and lots
good and choice slaughter steers 23.5O-
30: . half q load choice l.100 lbs
"a 90: two loads choice l,450 lbs 25. so:
q half q load good $50 lbs 27.5O: q
half q load high choice heifers $50:
few lots choice 25.25-26 90: good and
choice %. .00-25. 90: utility and stand
ard l5.OO-22 90: utility and CONNER
eial COW. I6;25al7. 90: Gamers and
cutters, l3.25-l6.25: utility and COM
mercial bulls 1S 1921 so; good and
choice vealers o5.00-30 90: q rev prime
81 90: culls down to Is. 90: two loads
choice 500 ID feeding steers 25.25: o
load good S25 lbs at % o5
Evening star., 1961-02-09
Broad Program Urged
For Latin America

An all-out United States at
tack on Latin Americas urgent
political, economic and social
problems under a plan Of self
help supplemented by United
States technical and financial
aid, was proposed today by J.
Peter Grace, president of w. r.
Grace g. Co.
The recommendation was
contained in a 2-page paper
entitled 1T Is Not Too Late in
Latin America" widely circu-
lated here and in other cities.
Mr.. Grace urged American
Evening star., 1961-02-09
Dial Drugs Leases
SPACE at Rockville

Dial Drugs has leased 5000
square feet for a new drug
store in the Mid Town Shop
ping Center at Rockville, Md,
it was announced by Wallace
B. Agenew, vice president of
Walker g. Dunlop.
The center also contains a
19, 900 = square = foot Safeway
Store, a drive-in dry cleaner, a
Highs Dairy store, a restaurant,
barber shop and beauty shop
and is expected to be completed
in the next so days.
Evening star., 1961-02-09
BUSINESS
BRIEFS

Bank Clearings in 26 leading
cities in the week ended Feb
ruary 8 totaled $27 lao, ,962, 900
compared with $28,689, ,353, GOO
in the previous week and $23,-
785, $4,000 in the like week a
year ago.-Dun g. Braostreet.
Business Loans by member
banks in the week ended Feb
ruary ! totaled $31,074, ,000, 900
down $76 million from the pre-
viouS week but up 81, ,000, ,0OC
from the like week a year ago
Reserve Board.
Crude Petroleum Production
in the week ended February 3
averaged 7.136. 760 barrels daily,
down 81, 1,150 for the week and
compared with 7,292,8l0 in the
like week a year sgo.-Amer-
ican Petroleum Institute,
Evening star., 1961-02-09
CHAIN STORE
SALES
Mccall Split 81

NEW YORK, Feb. 8 (AP) &.
Directors of Mccall Corp.
publisher of magazines, voted
a three-for- two split Of COM
mon stock. President Arthur
B. Langlie said the proposal
will be submitted to stock
holders. at the annual meeting
April Is.
Evening star., 1961-02-09
Offering for Texas
Cos Transmission

Public offering of 100000
shares Of Texas Gas Transmits
sion Corp. was marketed today
at $37.25 a share by an under
writing group headed by Dillon,
Read g. Co.
Proceeds from the shares will
Evening star., 1961-02-09
Earnings

Gulf Oil Corp. in year ended
December 81 earned $3.50 mil
lion or $500 a share VS.. $780,
466,758 or $2.82 in 1859.
Underwood Corp. in year
ended December 81 had a loss
OF $l5,247, 900 VS.. q loss of
$14,092 1927 in 1859.
Holly Corp. in year ended
July 81 had a loss of $1,S42,043
VS.. a loss Of $4, 800, ,007 in 1859.
Other earnings included:
Fer Year Ended December 81
Evening star., 1961-02-09
SowteI|e and Hatch Get
Executive Promotions
At Walker s Dunlop
BY DONALD B. HADLEY
Star Financial Editor

top executive promotions announced today at
Walker Dunlop Inc prominent Washington mortgage bank
ing and realty firm, by President Oliver M. Walker.
Matthew Trmb Sawtelle has been named executive vice
president charge the loan department legal
and loan closing.
Roger W. Hatch has become senior president charge
Evening star., 1961-02-09
OVER COUNTER

Following prices furnished BY the
ers in washington represent the range
within which locally active securities
could have been bought or sold ct
l pm. Thursday, February 9:
Evening star., 1961-02-09

be used to pay part Of the cost
of the corporations 1861 ex-
pansion and construction pro-
gram. Among the members of
the group we're: Folger. Nolan,
Fleming-W. B. Hibbs & Co.,
Merrill Lynch, Pierce, Fenner
& Smith and Hemphill, Noyes
& Co,
Evening star., 1961-02-09
TREASURY BONDS

NEW YORK (AP) Noon over the count
.er U. S. Government Treasury bonds,
bid, asked, net change and yield for
Evening star., 1961-02-09
MUTUAL FUNDS
INVESTING
COMPANIES
NEW XnRK lad

- National Associa-
ton Securities Deal
ers, Inc.
Evening star., 1961-02-09

Partially tax exempt.
Evening star., 1961-03-17
RALPH D. COIN

JOHN FLATHER ELLIS, Atty for
Party Secured, 1919 F st. NV.
mhS ! .15.l720
Zed Williams & Zed Williams, Jr.
AuctiOneerS and Appraisers