davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04

Sz0,UUU, plus SO per cent OF
the value in excess of $25, 900,
the maximum loan to be
$26,500.
The more liberal terms
become effective tomorrow. The
loans may be made for any
purpose, including construction
by the ACKNOWLEDGEMENTS
or by a builder for sale to such
a borrower.
Previously Federal associa-
tons have been able to make
loans on single-family homes
for 80 per cent of value up to
$50 900, plus 80 per cent of the
value in excess of $4,000, the
maximum loan to be $4,000.
payable over a period of not
more than Is years and solely
to finance purchases.
Illustrating effects of the
new regulations, the maximu'~
loan on a $4,000 home n 7
will be $26,500, with a cash
down payment of $500 re-
quired. Under previous regula-
tionS, the maximum loan on a
$4,000 home was $4,000, with
a cash down payment of $4,000
required. .......
Under the modified rules, the
borrower of 500 500 on a $25, 900
home can make monthly pay
ments of $127.76 on the basis
of a So per cent interest rate.
Previously the same man has
been required to make monthly
payments of $135.21 on the
same valuation and the inter-
est rate.
The new regulation also per-
mits such loans to be made for
the first time to homeowner-
borrowers to finance construc-
ton, with the amount of the
loan in excess of 80 per cent of
value being held back until
construction is completed.
Loans to builders to finance
construction for sale still are
permitted, with the amount in
excess of 80 per cent of value
held back until construction is
completed and the property is
sold to a qualified buyer who
assumes the loan. Requirement
that the property be occupied
by the borrower-purchaser, who
receives or assumes the loan,
will continue in force.
Previously a Federal associa-
tons aggregate unpaid balance
of such loans at the time of the
loan disbursement could not
exceed Is per cent of the asso-
Citations capital. The new reg
ulations provide that an asso-
Citations aggregate amount of
these loans at the time the
loan is made shall not exceed
20 per cent of the associations
Ne-oAa
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
Auto Production
At Years Low

DETROIT, Aug. 4 (AP).-
Auto production this week will
drop to it's lowest total of the
year-32,825 cars-with only
Is assembly plants working,
Automotive News said.
Last week the industry built
1895 cars and in the COM
parable week a year ago the
total was 103,609.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
Bank Survey Shows
Pickup in Lendino

A survey of banks across the
country indicates increased de-
mandS for bank personal loans,
automobile retail loans and
home Improvement loans in
three months ended June 80,
according to a report from the
American Bankers Association.
Conducted by the advisory
board to the ABA's installment
Credit commission, the survey
INDICATED bank loans for the
purchase of home appliances
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
Dart Drug Volume
Continues to Gain

Sales of Dart Drug stores
expanded to $3.7c7,770 in the
first seven months of this year,
up A per cent from $2,573, 683
in the same 1860 period, Presi-
dent Herbert H. Haft reported.
July sales totaled $544,731,
compared with $398,051 in July
last year. The company oper-
ated Is stores in July, COM
pared with 9 year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
O'Connor Heads New
Securities Firm

Thomas ]. O'Connor is pres
ident of O'Connor g. Sons, Inc.
new Washington broker-dealer
in securities, with offices at
1912 Fourteenth street NV.
Mr.. O'Connor formerly was
a vice president of Balogh g.
Co. and is a member of the
Metropolitan Washington Board
of Trade.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04

return entail a degree of risk
which the informed investor
understandable is reluctant to
undertake"
The report, covering the
funds first year of public
ownership, said total net assets
on. June 80 amounted to
$1,611,734 compared with $751;
331 a year earlier. Asset value
per share rose to $3.50 from
S1672
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
Long Island Pepsi
Profit OFF SIiqhtH

Pepsi-Cola Bottling Co. of
Long Island, in which there is
a major Washington interest,
had net earnings of 1892, 439 or
% cents a share in six months
ended June 30, compared with
$136,503 or 22.6 cents a share
a year ago, it was announced
by President Russell M.
Arundel.
Sales totaled 81 ,800,1O6, COM
pared with $1,774,924 in the
same 1860 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
Harvey Aluminium
Sales Rise Sharply

Stockholders of Harvey
Aluminium, Inc, have been adj
vised the company had record
sales and profits for nine
months ended June 80.
Net sales of sos, 820,247 were
up 54.4 per cent from $42,6 27. :
955 a year ago. Net income was
$5,075 ,258 or SLOT a share VS..
$3.679,377 or n cents a share
a year earlier.
The company sold a million
shares of A common stock last
month and many were placed
in the Washington area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
BNA Names Officer
And New Director

The Bureau of National At
fairs, Inc, has elected James P.
Rohrbach of Washington treas
urer and added William G,
Raleigh of Arlington. Va. to
its board of directors to succeed
the late Leslie L. Drew.
The firm specializes III re-
search. analysis and publication
of facts on economics and law.
Mr.. Rohrbach is general sales
manager and became a director
in April. Mr.. Raleigh has been
a member of the editorial staff
since 1912.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
FHLBB Allows Longer
And Lorger Looms on
Homes Above $40, 900
By DONALD B. HADLEY
Star Financial Editor

The Federal Home Loan Bank Board yesterday authorized
Federal savings and loan associations allow longer and larger
loans on singe-famiy homes priced above $4,000.
In another step designed to encourage home purchases in
the hgherped field the board authorized the associations
to make 3Oyear mortgage loans for per value
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
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 at
noon Friday, August 4:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
TREASURY BONDS

NEW YORK (AP)-Noon over the conn.
! ter U. S. Government Treasury bonds,
bid, asked, net change and yield for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04
FOREIGN
EXCHANGE

NEW YORK, Aug. 4 (AP).-Foreign
exchange rates (Great Britain and Aus
traiia in dollars, others in cents and
decimals Of a cent?:
Today Prev. Day
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-04

PTlceS quoted m uOIIaTs and q
seconds. T-Partially tax exempt.
Evening star., 1961-09-17
. OAN'8 Pill -
Failure
isn't
fatal!

Who s0ys so7 The Reverend James C.
Keller, author of "You Can Change
The World" If you want to know
more about how to handle life's
problems, if you're looking for help
in daily life, the best place to find it
is in A New Trs0svry Of Words 10
live By-a book based on THIS
WEEK Magazines famous series. Let
90 eminent men and women he4P'
YOU. Send TODAY to THIS WEEK
Magazine, P. o. Box IS, Old Chelsea
Station, New York IL, N. Y. Enclose
check or M. o. for $3.o5 with your
name and address. Supply limited.
Evening star., 1961-09-17
Soft plastic cushion
holds del,tUres fighter
Eases Sore Gums!
Cushions the mouth yet grips
plates like ''Living Tissue!"

Now, quickly stop pain and trou-
BILE due to loose fitting plates with
new Snug0 brand Denture Cushions.
Amazing soft plastic grips plate firm
and tight yet feels soft and comfort
able, like Living Tissue" Gums
feel wonderful. You eat, talk, laugh
in comfort. Snug stays cushion-soft.
Can't harden and ruin plate. Peels
right out when ready to replace.
Tasteless, odorless, cleaned in jify.
No more daily bother with stick
ums." Get Denture Cushions called
Snug and do away with your plate
troubles. Money-back If not satis-
fed. At all druggists
Evening star., 1961-09-17

back, along with his wife, sneaked onto the
houseboat. We had lantern going, and DR..
Snodgrass was counting his money. He
looked up, not in the least discomposed.
WELL, OLD FRIENDS, you did noble,
noble. Let me introduce former colleague -
he said, turning to Uncle Jim. Washington
Gates, originator of the much-sung Omni-
bus Balm of Cilead, an absolute specific for
everything, now retired for reasons of i'll
health to a farm six miles distant. His
brother, Monroe, and his wife. Colonel
Burnie, of Grassy Plantation, Kentucky
DR.. Snodgrass gave each twenty dollars,
and they left, because they had to canoe up
a considerable distance partly in the dark,
and it wasn't any easy job, particularly, as
Uncle Jim told them, little sourly, for a
Evening star., 1961-09-17
Floyd 0ovis

man that had just got over broken back.
Before we cut our houseboat loose, DR..
Snodgrass paid me the substantial emolu-
ment" he'd promised for helping. He had
a remarkably fine memory, and was wholly
honest in matters like that. 1t was two
bottles of Essence of Spooju, but when |
went out on deck to take swig, Uncle Jim
grabbed them and dropped them in the river.
He said there had been enough damn fool
ishness around here for one day.
/ hope that the taste Of this home
spun American yarn shows sOhy "A Jour-
ney to Matecumbe" is one Of the years
most popular books. Meanwhile, IUGtch
for the next BestseLLer BOOkcerPt.
N~ dA..z.>
Evening star., 1961-09-17
Wake up f
rarin' -N
to go ~
Without naRging bacIkache

NowI You can get the fast relief you need
from nagging backache, headache and
restless nights and miserable tired-out
feelings. When these discomforts come on
with over-exertion or stress and strain
you want relief - want It fasti Another
disturbance may be mild bladder irritation
following wrong food and drink-Often set
ting up a restless uncomfortable feeling.
Doan's Pills work fast in 8 separate
ways: 1. by speedy pain-relieving action to
ease torment of naRging backache. head
aches. muscular aches and pains. 2. by
soothing effect ON bladder irritation. 3. by
mild diuretic action tending to increase
output of the Is miles of kidney tubes.
Enjoy a good nights sleep and the
same happy relief millions have for over
so years. Be sure TO get the large. econ
omy size Doan's Pills and save money.
Evening star., 1961-09-17
WHATS YOUR SKIN PROBLEM?
New lotion with 5 skin medicines

New lotion with 5 skin medicines
TslIsves aIl tihsse prObIems FAST
zEAAAc0L Lotion is so effective
because it's both antiseptic and
medicated! Fights germs, helps
prevent spread Of infection-while
its 5 medicine formula with the
effect Of a local anesthetic relieves
burning, stops scratching, soothes
irritation, redness, speeds healingl
Quick-drying. invisible, greaseless.
Money back guarantee. Get
Zemacolo Medicated Skin Lotion
from your druggist today.
Evening star., 1961-09-17

IA A new anti-perspirant
that works most effec-
lively! Solves under
arm problems for
many who had despaired of eff
fective help. MITCHUM'S ANTI
PERSPIRANT keeps underarms
absolutely dry for thousands of
grateful users. Positive action
coupled with complete gentleneSS
to normal skin and clothing is
made possible by new type of
formula devised by an expe-
rienced research pharmacist and
produced by a trustworthy 40
year-old laboratory. 90-day sup
ply. Guaranteed. $500 plus tax.
At leading drug and toiletry
counters. Especially created for
those who want the finest pos
sible protection. Remember-it
stops excessive perspiration-for
many users keeps underarms alb
solutely dry.
Evening star., 1961-05-15

Whats going on? Drop it!
You're in enough trouble" he
told Porter.
Shot Behind Ear
Shoot him! Let's get out
Of here" Cook commanded
Porter, according to Mr.. Ma
hers account. When the
younger man hesitated, Mr..
Maher said Cook grabbed the
gun as Warden Robinson
lunged. One shot behind the
ear killed him.
Porter ran out of the Jail.
Cook followed. At the door he
asked a truSty "Where'd he
(Porter) go?" The trusty was
slow to answer and was slugged
on the head. They fled in a
station wagon stolen from the
Jail parking lot.
Rocco Martone. IS, Of Somer-
vile, later told police a man he
identified from a picture as
Cook forced him to drive
around for four hours at gun
point. He said the man jumped
into his car near the jail about
1880 am. and left near a dog
racing track in Revere. Mr..
Martone was not harmed.
Evening star., 1961-05-15
Talks in Laos
Lag as Red +:
Guns Resume

BAN NAMONE. Laos, May is
(AP Military and political
talks between Laotian govern
ment and rebel teams begged
down again today.
Delegates from the govern
ment, Communist Pathet Lao
and neutralist forces failed to
reach agreement on any point
in a two-hour session in this
sweltering riverside village in
rebel territory rs miles north
of Vientiane.
The talks stalled again over
whether to take up military or
political issues first, and a gov
ernment proposal for the three
rival factions to form their own
cease-fire inspection teams to
police the shaky truce punctu-
ated with some continued
fighting.
Despite the continuing dead
lock, diplomatic observers saw
signs the continued confer
ences could yet develop into
some kind Of summit gathering
for top Laotian leaders. Gen,
Phoumi Nosavan Of the right
wing government, neutralist
Prince Souvanna Phouma and
pro- Communist Prince Soupha-
nouvong of the Pathet Lao were
all still in Laos and showing no
signs of leaving for the inter-
national conference In Geneva
Red Guns Busy
Pathet Lao guns were re-
ported still busy yesterday, In.
creasing their bombardment of
Meo tribesmen isolated far be-
hind rebel lines and throwing
infantry charges against the
Meo units.
Diplomatic efforts to get the
three top leaders together at
Ban Namone ran into snags. A
rebel radio statement yes
terday said such a meeting
was unlikely just now, pend
ing lower-level discussions.
But the statement hinted
hat a meeting Of the chiefs
Of the three factions was pos
sible eventually. 1t said the
gathering should be in Laos
instead Of abroad.
The Vientiane government
under Premier Boun Oum and
Gen. Phoumi said it wanted to
work out cease-fire control de-
tails before discussing q coali-
ton government. The Pathet
Lao and neutralist opposition
wanted the priority reversed.
Situation Still Fluid
There was a feeling, how
ever, that adjustments could
be made by either side. The
rebel radio attributed to Prince
Souvanna Phouma a list Of
proposals that gave prime i'm
portance to working out a cease
fire and getting the Geneva
conference going.
Several veteran observers
here felt the situation was still
fliud and could take a new
Evening star., 1961-05-15

findings are clear" Mr.. Stats
said. LAS we move ahead in the
1960s, workers IS years Of age
and over will have to handle a
larger share of the nations i'm
portant jobs We cannot
afford to lose the services of
these valuable workers by set
ting arbitrary age limits for
hiring or retiring"
The Senate groups hearings
on the bill were heavily attend
ed by government employe
leaders. who consider the bill
the most important one in re-
cent years affecting govern
nent workers outside Of pay
legislation.
At present Federal employees
can retire at age IS after 80
years Of service, but have to
take per cent reduction IN
their annuity for each year
they are under so.
Evening star., 1961-05-15

turn. But, as Of the moment,
the situation appeared to be
moving slowly toward the idea
Of a top-level gathering at Ban
Namone.
The rebels have the upper
hand on the battlefields, and
Pathet Lao confidence at Ban
Namone shows it. AS the
rebels continued to hold back
yesterday from negotiating
cease-fire details, informed
sources told of a new artillery
barrage and three Pathet Lao
infantry assaults against Meo
guerrillas well dug in at noun
famous Padong. Padong is
only 20 miles from Xieng
Khouang, the rebel capital.
At least one Meo was
wounded in the fighting. The
Meos and Pathet Laos. both use
American-made 75mm. guns
and 4.2-inch mortars. The
rebel infantry attacks have cost
the Meos some valuable noun
tain positions.
Evening star., 1961-05-15
THE FEDERAL SPOTLIGHT ..
Increase in Rates Not Expected
In Health Insurance Program

apolis. president of the new
NALC Federal branch, has been
appointed director of Federal
Branches. NALC, and will take
leave Of absence from his Gov
ernment job and spend full
time organizing Federal en-
ployes in the other postal re-
gions into the NALC.
However, the NALC has had
no luck thus far with Federal
classified employees outside Of
the postal regional offices.
ARMY-Roy K. Davenport
has been appointed special as
sistant for personnel in the
Office Of the Undersecretary
Of the Army. Mr.. Davenport,
an outstanding Government
careerist for 19 years and pre-
viously military personnel man
agement specialist in the Ad-
jutant Generals Office, will
work on Army civilian and
military personnel programs in
his new job. Under the new
Army Setup. the Office Of the
Undersecretary of Army has
responsibility for Army civilian
personnel programs.
CAPITAL ROUNDUP - The
United States Information
Agency is seeking one grade
l3 and two grade IL news writ
ers, who can write in French
Journalistic style. Telephone
Dudley 3-4616. The Federal
Government Accountants AS
sOciatiOn will hold its 10th an
nual national symposium
Thursday through Saturday at
the Shoreham Hotel. This
years theme is Changing Di-
mensions of Financial Man
agement in the Federal Gov
ernment." Atomic Energy
Commission has given awards
for outstanding service to
Thomas Upchurch, Edwin Spin
garn, Joseph Kratz and Henry
Thurston. Federal Housing
Administration employees Paul
Hussey. Mary Mead. Roy Pink
erton and Ferris Thomas have
each accumulated more than
! 800 hours Of sick leave.
Evening star., 1961-05-15

ment OF experienced and cap
able employees who are vitality
needed.
Mr.. Stats also said the bill
would result In inequities to
employees who chose to remain
On the Job after 80 years
service.
3 employees who retired after
30 years Of service at age 4s
or so would receive annuities
having an average value of
about 80 per cent greater than
those received by Federal en-
ployes completing 80 years
service at age so. he declared.
He said this was because the
life expectancy of the younger
retired employees would be so
much greater.
The administrations chief
objection, however, was the
effect such legislation would
Evening star., 1961-05-15

have on the American work
force generally.
Mr.. Stats said a recent
Labor Department study of
American manpower needs over
the next 81 years showed Q
rapidly increasing demand for
people on white collar and
skilled blue collar Jobs.
An increase of 81 per cent In
white collar and Is per cent in
blue collar jobs will be neces-
sary between now and 1875, the
Senate group was told.
The demand for professional
and technical employees will in
crease by nearly so per cent,
Mr.. Stats said. At the same
time there will be a decrease
in the number of workers in the
25-to-44-year age group be-
cause Of the low birth rates of
the 1930s. he added.
The implications Of these
Evening star., 1961-05-15

Congress. Several bills to cor:
rect this have already been
introduced.
Evening star., 1961-05-15
BY JOSEPH YOUNG
Star Staff Writer

Indications are that there
will be no increase in premi-
i1r1s charged Federal employees
and their families in connec-
ton with the new go-round of
the Government employe health
insurance program starting No
Yember /.
= Additional good news for
Federal employees is that there
may be some liberalization in
benefits, although not on any
substantial scale.
But at least several of the
plans are expected to drop or
modify the much-criticized de-
ductible feature whereby en-
ployes had to spend some Of
their own money "out-of-
pocket" before they or men,
bers Of their families can be-
come eligible for benefits.
There also may be some other
notifications benefiting en-
ployes, although nothing is
definite at the moment.
The Civil Service Commits
sion has started negotiations
with the various carriers re-
garding new contracts. The
present plans in effect started
July /, 1860, and will end Oc-
tober 81. During October, Fed
eFai and postal employees will
have a two-week period to
switch to another plan If they
so choose.
With. medical and hospital
costs on a continuous rise, there
never was much hope that the
premiums could be reduced. In
fact, there had been some talk
that premiums would have to
be increased for the new con-
tracts going into effect Novem-
Der i. However, all indica-
tions are that the present pre-
uliurns will remain unchanged.
Regarding other employe
complaints, such as the fact
that married women with nom
dependent husbands have to
pay higher premiums than
other Government workers
these conditions can only be
changed through legislation BY
Evening star., 1961-05-15
Women's Voices
Heard on Radio
Used by Sputniks

BOCHUM, Germany, May IS
(AP). - The head of the
Bochum Observatory today
said his station has recorded
female voices on a wave length
usually used for Soviet sputnik
communications.
Heinz Kaminski said he be-
lieves the Russians may be on
the verge of sending a space
ship into orbit carrying women.
For the past five days, we
received very intensive radio
exchanges on the 20-megacycle
band, the Russian space wave
length, the same as before the
launching Of Sputnik, Lunik
and Yuri Gagarin's space
ship" Mr.. Kaminski said.
His observatory keeps watch
Evening star., 1961-05-15

Congress. Several bills to cor:
rect this have already been
introduced.
4
FOLLOW THE LEADER-In
support of legislation to make
Federal employees eligible to re-
tire on full annuities after 80
years Of service regardless of
age. a Federal employe leader
today told a Senate Civil SerY-
ice subcommittee that such a
system is now in effect In one
of Americas largest companies.
Les Dorson. president Of the
Retirement Federation of Civil
Service Employees of the United
States Governemnt, said that
the American Telephone and
Telegraph Co. has such a sys-
tenn for its employees.
The Senate group under the
Craftsmanship of Senator Clark
opened hearings on the bill
today.
&& -
G. o. p. JOB HUNTERS
The Republican National Com
mittee has been contracting
various companies and busi-
nessmen here and throughout
the country in an, effort to
place Eisenhower appointees
and Republican schedule &C"
job-holders who lost their jobs
when the Kennedy administra-
ton took over. The Repub-
lican committee has set up a
placement service to find jobs
in industry for these people.
Senator Morton of Kentucky
chairman of the Republican
National Committee, is in
charge of the project.
4 4 \
SOME LIVE ONES AT LAST
The National Association OF
Letter Carriers, which last Oc-
tober announced a drive to
organize unorganized Federal
white e-collar employees, has Or
ganized its first branch of Gov
ernment employees under the
NALC banner. The employees
work in the Minneapolis postal
region, but are actually white
collar workers. ~
i Eugene Dwinnell Of Mime.
Evening star., 1961-05-15

on the Russian wave length
and has received similar ex-
changes of radio messages each
time the Russians started space
ships or satellites. He said the
exchanges occur from four to
six weeks before a launching.
Before the start of space
ships, the Russians always
align their transmitters, but
we never have heard female
voices on that wave length"
Mr.. Kaminski said. Something
is going on there"
Evening star., 1961-05-15
ItoIiuns Immiqrute

OTTAWA, May IS (AP). -
Italians headed the list of
Canadian immigrants for the
first three months Of 1851 with
1882 arrivals. United States
arrivals were second, totaling
2,023.
Evening star., 1961-05-15
Guard Unit Elects

RICHMOND, May IS (AP)
1t. Cecil E. Runkle Of Ivy.
a member Of the 116th Divi-
sion. was elected yesterday as
president Of the Virginia Ma
tional Guard Association