davidaulloa/AmericanStories huggingface dataset:
Evening star., 1961-06-16

utdJOI lO1ulLlS COILlpdIlICo dIc uc
the First Virginia Corp. with
banks in four counties and
Financial General Corp. with
banks in Arlington and Alex
andria.
Some other multiple owner
ship is repeatedly developing in
other Virginia areas. including
around Charlottesville.
Virginia bankers attending
the annual convention of the
Virginia Bankers Association at
The Homestead in Hot Springs,
Va, repeatedly discussed the
subject in closed session yes
terday.
Talks Continuing
An Associated Press dispatch
said a special business session
to air possible changes in State
bank expansion laws continued
today. Results of the talks may
be made public in resolutions to
be adopted tomorrow morning.
A united front is reported
sought on proposed legislation
to be introduced in next winters
session of the General Assem-
bly,. Apparently some of the
bankers have been watching the
growth of holding company
banking, which they believe
should be met by modification
of State laws restricting merg-
erS and branch banking.
;, R. C. De Rossett of Lynch
burg, retiring VBA president,
told the convention yesterday
that the last six months have
brought an 'insiStent demand
that something be done by the
association to further changes
in branching and merger laws
before the 1862 General As
sembly."
:, The last major change in
bank expa nsion legislation
came in 1947 when a law was
passed permitting banks to
merge with others located
within a distance of Is miles,
II the other banks have been
In actual operation for five
years. Branches were per-
Thitted within the limits of the
oity. town or village in which
the parent is located.
{. Success Doubted
:: Despite the growth of hold
ing company banking, many of
the Virginia bankers remain
imposed to further relaxation
Of controls over branch bank
3hg and mergers.
4 A prominent member of the
Virginia Assembly said today
he would be much surprised if
the bankers are able to recon-
Cile their differences and pre-
sent a united front in this
matter.
(. The amendment to State
banking laws built a high wall
around city banks" charged
Mr.. De Rossett in his speech at
the Homestead yesterday.
The action permitting county
banks to put branches in sub
urban areas was passed when
every urban community was
Evening star., 1961-06-16
CHICAGO
LIVESTOCK

CHICAGO, June l6 (APD. - Hogs
lbs. and down steady. weights over 23O
lbs. steady to 25 higher: sows steady
to fully 25 higher; good shipping de
mand; complete clearance: 1-2 and
i-3 !90-220 lbs. 17.00-I7;25; around
lbs 16.5O-17.OO: 2-3 22O-26O lbs.
l6.O0-16.50; 2-3 6O-2SO lbs. I55O-
1900; load mostly 3s $40 lbs. l4.ti5;
mixed l-3 100000 ID. sows 1871
several loads 56O-575 lbs. - .5O-I". 10.
Cattle 200; calves none: not enough
Of any Gloss on sale for a price test.
Sheep 900: notenouRh of any class
IN sale to test prices
Evening star., 1961-06-16
Universal Marion
Buys Shovel Firm

JACKSONVILLE. Fla, June
16 CSpeciaD Universal Marion
Corp. announced today it has
acquired assets and business
of Quick Way" Truck Shovel
Co. of Denver, Colo, from the
HEB American Corp. and Fair
banks Whitney Corp. The
price was not disclosed.
The acquisition adds II new
models to Universal Marion S
line of machines.
Evening star., 1961-06-16
Allegheny AHIines
Sets New Records

Passenger and cargo traffic
of Allegheny Airlines exceeded
all previous highs in May, the
company announced yesterday
Allegheny logged 1880 pas
sengers for 15.1 million air
miles in the month. The mile
age figure was 80 per cent
above a year ago.
The company carried more
than Is million pounds OF
cargo in a single month for the
first time in its history. Air
freight shipments of 749,00O
pounds in May were up SO per
cent year ago.
Evening star., 1961-06-16
Dart Drug Names
Tydinos to Board

Warren E. TydingS. formerly
director of operations and con-
troll for the Hecht Co.. has
been elected a director of Dart
Drug Corp, President Herbert
H. Haft announced.
Mr.. Tydings is president of
Best Builders, Inc, a Rockville
Md construction company,
and Norbeck Properties, Inc,
an investment holding firm.
Evening star., 1961-06-16

experiencing its greatest
growth" he added.
Bank holding companies, now
operating in Northern Virginia,
create absentee ownership and
set the stage for chain banking
which many believe is a poor
substitute for branch banking"
Mr.. DeRosset said the amount
the largest bank in Virginia
can lend any customer is Sis
million while 90 North Caro-
lima communities, including
one with a population of only
500. have a bank which can
lend SIS million to a customer.
Evening star., 1961-06-16
Tokomo Park Bank
Has Lorqer Profit

Net income of the Citizens
Bank of Takoma Park was up
II per cent from a year ago
in the first five months of this
year, before provision for in
come taxes, President H. j.
Carr reported today.
He also announced that di-
'rectors had declared a regular
quarterly dividend of IS cents
"a share on capital stock. pay
able June 30 to stockholders of
record at the close June IS.
Evening star., 1961-06-16
Auto Production
Sets 81 Peak

DETROIT, June 16, APP
Automotive News yesterday es-
timated the current weeks pas
senger car production at l31,-
703 units. highest of 1861.
This compares with 1888
cars built last week and 129,53O
built in the week ending May
l3, the previous high mark of
the year.
In the similar week of 1860
the industry turned out 1877, 1854
cars.
Evening star., 1961-06-16
Capital Bank Debts
1875 Pct. Above 1860

Reflecting expanding busi-
ness activity, Washington bank
debts amounted to $2,120. .431, :
900 in May, with a jump of
1875 per cent from $1,787, ,534.-
900 in May last year, data from
the Federal Reserve Board dis
closed today.
Debts for the first five
months of this year aggre-
gated $9,866,53 an in
crease of 7.6 per cent from So
1874, 435,00O in the same 1860
period.
Evening star., 1961-06-16
Prices Reduced

NEW YORK, June l6 CAP).-
International Paper Co. an
nounced a 10 per cent price re-
duction on standard grades OF
fourdrinier Kraft unbleached
linerboard to customers east
of the Rocky Mountains effec.
tive today.
Evening star., 1961-06-16
BUSINESS
BRIEFS
Rail Freight Leadings in the

Rail Freight LOadings in the
week ended June 10 totaleo
$593,304 cars, up 11.7% from
the previous week, but down
$50 from the like week a yeal
ago.-ASSn. of American Rail-
roads.
Heavy Construction Contra cts
awarded in the week ended
June IL totaled $403.4 million
compared with $662 million in
the previous week and 1888 2
million in the like week a year
ago.-Eng. News-R ecord &
Cons. Daily.
Loans to Brokers and dealers
on other than Treasury Securi-
ties by New York member banks
on June IA totaled $1.369, ,O00,-
600, up $102 million from the
previous week and 1852 million
above the like week a year ago,
Federal Reserve Board.
Crude Petroleum Stocks, do
mestic and foreign, on June 10
totaled 256. 6.909 900 barrels, down
446.000 for the week.-Bureau
of Mines.
Montgomery Ward e. Co. sales
in 5 weeks ended June Z totaled
S120,068,540, up 1870 from 1860:
for 4 months ended June
$410,665.l26 up $3.50 from 1860
Evening star., 1961-06-16
Branch Bank Debate
EnIiVens Sessions of
Virqinio Bankers
BY DONALD b. HADLEY
Star Financial Editor

Virginia bankers debating what they want in the form
OF legislation to deal with the problem of branch banking
and its competitor, holding company banking.
The problem is of special interest Northern Virginia
just the Potomac River from Washington because
major holding companies developing rapidly there These
Evening star., 1961-06-16
Earnings

American Electric Power in
IL months ended May 81 earned
$53.207,0 900 or $2.43 a share VS..
$52,4l9,000 or $2.44 in 1860.
DaycO Corp. IN 6 months
ended April 80 had a loss of
$6,2l9,806 VS.. earnings of $685.
292 or As cents in 1860 period.
West Point Mfg. in 9 months
ended May 81 earned So, ,298, 900
or $l.09 a share VS.. $6,244, 900
or $2.06 in 1860 period.
American PhotocOpy Equip.
in 6 months ended May 81
earned $2,679,896 or So cents a
share VS.. $2,144,000 or 20 cents
in 1860 period.
EversharH, Inc, in 3 months
ended May 81 earned $1,O33, 900
or $1.03 a share VS.. 100000 or
80 cents in 1860 period.
General PlywOOd Corp. in s
months ended April 80 had a
loss of $288,62 VS.. a loss. $780,
.604 in 1860 period.
Esquire, Inc. in year ended
March 81 had a loss of $46,461
vs.. earnings of $173,844 or 35
cents in 1860.
Evening star., 1961-06-16
METALS

NEW YORK, June 16 (APl.-Spot
nonferrous metal prices today: Copper
81 cents pound Connecticut Valley.
Lead cents pound New York,
Zinc II q cents a pound, East st. Louis,
Tin, .l2's a pound, New York. For
eign silver 9lss cents par troy ounce.
New York. Pittsburgh scrap steel No,
! heavy was quoted by Iron AGE at
30. .00-37.O0.
Evening star., 1961-06-16
OVER COUNTER

Following prices furnished by the
National Association Of Securities Deal
ers in Washington represent the range
within which locally active Securities
could have been bought or sold al
i pm FRIDAY June I6-
Evening star., 1961-06-16
TALKING OF BUSINESS
Frozen Foods Horizon Is Brioht
With New Containers Advances

representing frozen food dis
tributors from % States.
The organization will also
hear Ellis Arnall. former Gov
ernor of Georgia and now its
legal counsel, discuss the IN
dustry'S future.
Judging from sample surveys,
the frozen food horizon looks
very bright. Joseph Karpel, con-
vention chairman. noted that
the 43-member firms in FFF,
Inc, now are marketing $50
eparate products, including
frozen fruits, vegetables, sea
foods, pies, entire dinners and
juices.
Top Opening COntainer
One item regarded with en-
thusiasm is the new strawberry
cont a iner. In conventional
cardboard boxes, Strawberries
have the annoying trait of drip
ping juice as they thaw, indus
try spokesmen say, since a
housewife normally opens a box
from one end. The plastic con-
tainer avoids this by means OF
a convenient lid opening from
the top.
The new container is shaped
like a tray about four inches
long, three inches wide and ar
inch deep. Test marketing in
Evening star., 1961-06-16
FOREIGN
EXCHANGE

NEW YORK, June 16 (AP).-For-
eisn exchange rates (Great Britain
and Australia in dollars. others in
cents and decimals Of a cent?
Today Prev. Day
Evening star., 1961-06-16
TREASURY BONDS

NEW YORK tAP) Moon over the coun-
ter U. s. Government Treasury bonds,
bid. asked, net change and yield for
Evening star., 1961-06-16
Midwest Likes SeafOOd

California has established its
popularity.
Evening star., 1961-06-28
Fuirfux Bid
To Be City
Challenged

The Fairfax Town Council,
which plans to separate the
town from Fairfax County on
Friday, is already being asked
to rejoin the county again.
A group Of town citizens met
last night to plan a rally to
begin circulation Of petitions
which could force the council
to sign a merger agreement
with county supervisors.
The town council has voted
to file final papers to become
a. city. Councilmen have said
the papers would be filed FRI
day.
That night the rally is to be
held in the courthouse, and
5000 announcements Of the
event are being distributed.
Speakers at the rally will be
supervisors James Keith and
William Moss, school beard
member Merton Parsons, and
James KeyeS, budget and per-
Sonnel director for the county.
Mrs. Barbara Smith. who is
co-ordinating the group, said
about 300 signatures are needed
on the petitions but the group
expects to get many more.
Evening star., 1961-06-28

A special subcommittee of
the alliance released a study
preceding the debate which
was in some parts critical of
the proposed merger.
Schools would be harder to
control under the proposed city,
the report said.
The July II referendum, 1t
said. is premature and does not
present voters with a clear-cut
choice. since some would be
voting against annexation,
others for city status.
The report termed annexa-
ton without approval Of voters
''basically undemocratic" but
suggested that changes in the
constitution and laws through
the General Assembly is the
answer to those who object to
the present annexation laws" "
The alliance membership
has not yet taken a position on
the proposal. Members are now
being polled, and the results
will be made public after July /,
Evening star., 1961-06-28
Virginia Annexotions
Seen Boosting Toxes

Taxes in Fairfax County will
go up 40 cents if both Falls
Church and Alexandria win
their annexation suits, Mrs.
Anne wilkins, chairman of the
board of county supervisors,
declared last night.
It was to head off future
suits that supervisors decided
to propose becoming a city. she
said during a debate before the
county's Taxpayers Alliance.
Mrs. Wilkins and Falls
Church-Fairfax State Senator
John A. K. Donovan spoke on
the county's proposal to con-
solidate with the town of Cliff
ton to form a city. Senator
Donovan opposed the move.
Senator Donovan argued that
while a county can consolidate
with a town which adjoins or is
adajacent to it, it cannot con-
solidate with one which is a
part of the county.
"You cannot consolidate by
consolidating with yourself he
said.
Evening star., 1961-06-28
Blue Law
Fines Levied
Against 10

ANNAPOLIS, June % (AP)
Ten employees of a Ritchie
highway discount house each
were fined IS and costs today
for 1858 violations of Mary
lands so-called blue laws regu-
lating the sale Of merchandise
on Sundays.
Five other employees for
feited collateral by not renew
ing bonds, another man was
unable to appear for trial be-
cause of a heart condition, and
one man was acquitted.
The action came in Anne
Arundel County Circuit Court,
with the fines being imposed by
Judge Benjamin MichaelSon
who presided without a jury.
The fines were imposed on
10 employees of the store called
Two Guys From Harrison.
They had pleaded guilty to
violations Of the 1853 law, and
were among "a persons sched-
uled for trial today. Several
other stores are involved.
Prosecution Of the cases had
been delayed pending a United
States Supreme Court decision
on legality Of the blue laws
recently ruled constitutional by
the high court.
Evening star., 1961-06-28
Theoter Owners Chief
Rejects Censor Report

Mr.. Broumas said the asso-
cations censorship committee
was composed of Mr.. Mar
henke, William Hewitt, jr., and
Ronald L. Freeman.
Mr.. Broumas said the COM
mittee had acted on its own
in making the report.
In releasing the committee
report yesterday, Mr.. Mar
henke gave newsmen carbon
copies of the statement bear
ing signatures in the name Of
all three members.
George Browning of Balti-
more, executive secretary Of the
association, said the story as
released had upset many of the
200 movie exhibitors attending
the convention.
The report contended the
board reviews only six feature
films and a few short subjects
a week.
Evening star., 1961-06-28
Montgomery Arts
Unit Proposed

A fine arts commission to
supervise the design of build
ing and land development in
Montgomery County was pro-
posed yesterday by Council
woman Stella Werner.
Arguing that the county at
present has no control over
such matters, she declared that
a commission would assure
tasteful design of such projects
in the future.
I'VE have all seen instances
Of poor design in the county"
she said. This would prevent
it from becoming widespread.
Her proposal was the first
official request for such action
since the Bethesda C h evy
Chase Chamber of Commerce
made a similar suggestion
last year.
The commission, she indi-
Gated, might have similar
powers to those of the Dis
trict's Fine Arts Commission
Evening star., 1961-06-28
Assault Draws
Man 20 Years

A S7-year-old Rockville man
was sentenced yesterday by
Montgomery County Circuit
Court Judge Thomas NJ. Ander-
son to 20 years in the Mary
land penitentiary for assault
with intent to rape.
The man, Granville E. Duf-
fin Of the 900 block Of North
Horners lane, was accused of
entering a Bethesda woman's
apartment where the offense
allegedly occurred January 16.
Montgomery County police
said Duffin was caught in a
nearby woods.
A jury found him guilty but
recommended against capital
punishment.
Evening star., 1961-06-28

Mr.. Wallerstein argued that
July II is mot a deliberate and
well-considered" election day
because it is strictly a party
primary.
Warwick Davenport, attorney
for Fairfax County, noted that
the county's voting machinery
already has been set in motion
and that the questions raised
on consolidation might be moot
If the referendum failed.
Mr.. Davenport citeG a ruling
by the Virginia attorney gen.
eral las month that he could
see no reason why the referen-
dun should not be held on
July IL.
Fairfax. County is mot un-
mindful of the difficulties o1
the statute" Mr.. Davenport
said.
Evening star., 1961-06-28
Foirfox 6. O. P. Picks
BurkIund as Candidate

Fairfax County and Falls
Church Republicans nominated
one candidate for the House of
Delegates race last night in
hopes that what they call a
"bullet ballot" viii pay off at
the polls.
The candidate, Glenn A.
Burklund, 81, an electronics
engineer and inventor, prob
ably win face incumbents John
Webb and Mrs. Dorothy Nc
Diarmid in the fall election.
The two Democrats are un-
opposed for denomination in
the July II primary.
The 154 persons who at
tended the G. o. P. mass meet
ing at Falls Church High School
also heard Horace Henderson
Of Mclean all but announce
his candidacy for Governor.
Mr.. Henderson was a candidate
for lieutenant governor in 1858.
eff I announce my candi-
dacy on Thursday, as I expect
I will" Mr.. Henderson said,
I'VE win have the most aggres-
Evening star., 1961-06-28
z PoIicewomen
Get New Posts
In Montgomery

The Montgomery County Po-
lice Department yesterday an
nounced the hiring of its first
two regular policewomen.
Appointed to newly created
jobSe in the Juvenile Bureau
were Miss Diane E. Appleby,
|of 1914 Glen Ross road, Silver
Spring, and Miss Sarah A. Fin
min, from Pittsburgh, Pa.
Officer Applyby. is a 1857
graduate Of Montgomery Blair
High School, and was awarded
IA bachelors degree in sociology
this June from the University
of Maryland.
Officer Finnin is a graduate
of the University Of Pittsburgh,
and formerly was employed by
the Juvenile Court of Allegheny
County, Pa.
The county police depart
ment also employs women as
meter maids and as school
crossing guards.
Evening star., 1961-06-28

OCEAN CITY, Md, June %
(AP).-The president Of the
Maryland Theater Owners As
sociation today disclaimed a re-
ported recommendation by one
of the organizations commit
tees asking an investigation OF
the Maryland Board Of Mo-
ton Picture Censors.
The association leader, John
BroumaS of Chevy Chase, said
the committee report as re-
leased to news agencies yester-
day was given without the ap-
proval of the organization.
He said the report, announced
at the associations second an
nual convention in session here
was released by r. T. Mar.
henke, chairman of the Gen.
sorship Committee.
But Mr.. Broumas said the
reports recommendations "dic
not and will not come before
the association during this
convention" He said the aSSo.
citation is a movie exhibitor
group and was mot concerned
with problems of this kind"
The report, released as a COM
mittee recommendation seeking
an investigation of the State
censorship board, called the
agency's present operation
"antiquated and a waste of the
taxpayers money"
Evening star., 1961-06-28
Foirfox-CIifton Merger
Plans Legality Queried

Doubts over the legality of
Fairfax County's propose d
merger with the town of Cliff
ton were expressed yesterday at
a Fairfax Circuit Court hearing
aimed at blocking the July IL
consolidation referendum.
Morton Wallerstein, attorney
for Herndon, argued that the
July II Democratic primary is
not a good day for the referen-
dunn and that Clifton does not
qualify for consolidation under
the statute.
Judge Paul E. Brown, noting
that there may be some
doubts" over the legality of the
statute, continued the Herndon
case until Friday to give attor-
neys time to file more extensive
briefs.
Evening star., 1961-06-28
Hospital Aid Bill
Reaches Kennedy

The White House today re-
ceived from Congress legisla-
ton to extend until June 30,
1862, a special program of
Federal aid to Washington
hospitals.
George Washington Univer-
sity officials had pressed for
the extension so they could
apply for a $2.5 million grant
to help finance a proposed
SIS million hospital addition.
Half Of the total cost would
be raised through private con-
tributionS.
Under the bill, the District
government would repay about
one-third of Federal grants,
interest free, over a period of
80 years. The Commissioners
opposed the bill, pleading lack
of funds.
Evening star., 1961-06-28
$4,000 Signatures
Filed by Pollock

ANNAPOLIS. June % (AP).
Baltimore Political Leader
James H. (Jack) Pollack has
filed more than $4,000 addi-
tional signatures with Deputy
Secretary of State Chester F.
Tucker, seeking referenda on
two acts of the Maryland
legislature.
Attorney General Thomas B.
Finan has ruled Mr.. Pollack's S
previous petitions contained in
sufficient signatures to put
either the court bill or the
savings and loan legislation on
the 1862 ballot.
Evening star., 1961-06-28

to turn the 4O7-Square-mlle
county into Virginia's second
largest city in area-the threat
of augmentation through an.
nexation.
Most organizations support
ing the move have expressed
concern over the county's abil-
ity to plan for it's future il
nearby cities and internal towns
continue taking large parcels oi
county territory.
Get Out -the-VOte Effort
Largest of the groups sup.
porting the move is the County
Federation of Citizens Associa-
tionS whose member groups
number more than 100, are
getting up a door-to-door can
vass to get out the vote.
The federation voted to sup
port the move, according to its
president, julie Sugarman. "be-
cause Of our long-standing view
that the county will be better
off if it stays together"
Federation member also have
said they support city status
Mr.. Sugarman said, because
they feel it is important fol
Fairfax to gain control of its
roads.
Roads are now under the
control of the State Highway
Department, but would become
a responsibility of Fairfax if il
became a city.
Political Groups Approve
The county committees o.
both political parties also have
gone on record in support of thu
move. In both cases there wa.
some opposition. but the party
committees gave large major.
tiles to the county's plans.
Also favoring city status il
the county League of Womer
Voters, whose Is units voteC
overwhelmingly for consolida.
ton.
The league, said Mrs. Terry
Dalton, president, has beer
attempting for four years tx
Evening star., 1961-06-28
Presbyteriuns Elect
Wilson Moderator

FIT. DEFIANCE, Va, June %
(AP) DIR. Howard M. Wilson,
pastor of the Messy Creek
Presbyterian Church in Augusta
County, was elected moderator
of the Presbyterian Synod of
Virginia yesterday.
His election came in the first
business session of the 174th
session of the synod at
Augusta Stone Presbyterian
Church here. He succeeds DR..
w. B. Sullivan.
Evening star., 1961-06-28
Wheaton Squad
Support Asked

Montgomery County Council
President William F. Hickey
yesterday called for commu-
nity-wide support of the
Wheaton Rescue Squad.
That organization, he said
was in danger of disbanding foI
lack Of financial support.
If it does, he said, the entire
county would suffer.
The squad, which is financed
through voluntary contribu-
tions, provides emergency am
bulance and rescue service to
Wheaton and nearby COM
lmunities.
Evening star., 1961-06-28
FAIRFAX: CITY VS.. COUNTY
Merger Advantages
Win Wide Support
By JOHN LAWSON
Star Staff Writer

N the six weeks Fairfax County decided seek
city status through consolidation with the Of Clifton
the proposal gained wide support throughout the county
Most of the organizations supporting the doing
so for the same which prompted supervisors to try