davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-02

Special services tomorrow
will commemorate the goth
anniversary of the Rev.
C. Randolph MengerS as
rector of st. COlumba's
Episcopal Church, Forty
second and Albemarle
streets NV. The services
will be held at 1880, 9:15
and IL am. and 8 pm.
The Right Rev. William
F. Creighton, bishop Of
Washington, will preach
at the last Of hese
services.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-02

District Of Columbia, NV.
Av ' 81. a. 4. H. Ave. NV. The Rev Rev:
Wayne r. Woods. $50. 9:30 and
HOO am. 1890 am.
CHAPEL OF THE DEAF MO.
5101 18th at. NV. The Rev. H.
w. Hoemann. HOO Am.
CHRIST MO.
F. Bruening. $3.50 and 11:O0 am.
4th and E sts. NV. The Rev. Il.
B. Roepe. $50 and 11:00 am.
1880 am.
1856 Wisconsin Ave. NV. The Rev
]. g. Bolick. $50 and HOO am.
LUTHER PLACE MEMORIAL ULC
1925 Vermont Ave. NV. The Rev.
J. r. Taylor. The Rev. C. Mckinnon.
S:45. HOO am.
/ MOUNT OLIVET MO.
1905 Vermont Ave. NV. The Rev.
VIM Sehiebel. HOO am. uc
IS ssCos Eastern Ave. NV. 100
ST. Observation-Disclosures ULC
14th and Gallatin Sts. NV. The
Rev: John strube: HOO am:
District Of Columbia, NE.
/ KELLER MEMORIAL ULC
so7 Maryland E.S Aye M NE Aetin 1f
OUR REDEEMER yLC
2 r. I. Ave. at N. Capitol NE.
The Rev. J. H. Soversille. IL am.
$3.50 am.
Senator Theater. $3.50 Minnesots
Ave. NE. The Rev. H. A. Schwandt.
RE 1S;aS an s9;so am uc
RI H sass esDl s. g. g. TIE Rev Rev.
P. Setter: s:45 and HOO am;
i7a5 Michigan Ave. NE. s:46 am
| and l1:0O am.
| District Of Columbia. Sc.
BETHLEHEM MO
Isth ana T SITS; Sc: The Re Rev; H
HOLY R eDMFoRT fiSs and HOO n HiR
s319 Siabama Ave. at Branch Ave
Sc. The Rev. F, @. Senger III.
| and 1900 am. 1880 am.
District Of Columbia, S.W.
ST. MATTHEW'S Ale
Metropolitan Boys Club. 9th anC
Eye streets S.W. The Rev. ]. A
| Scherzer. Th.D. 1900 am.
Nd. Southern Prince Georges Co
BETHANY Az
| 5175 Silver Hill Rd. Sc. The Rev
4 Frank o. Klein. $40 am. anC
| HOO am. $3.50 am.
1 FAITH ULA
5201 Livingston Road. Oxon Hill
Md. The Rev. r. Manning. GOO
and HOO am.
La Plata. The Rev. Herbert E
Plehn. 1900 am.
OUR SAVIOUR ULC
4915 st. Barnabas Rd. Sc. t21l
The Rev. Robert E. Hook. $50
am. and 11:00 am.
OXoN HILL MO
Rev: r. G. Schoenheider. $50 anc
HOO am.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-02

THEosoPHIcAL SOCIETY
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-02

sELF-REVELATIoN CHURCH
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-02
Virginia, Alexandria

TRINITY ULC
1900 Old Georgetown Rd.. North
Bethesda. The Rev. Raymond
Hartzell. HOO am.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-02
District Of Columbia, Sc.

BETHLEHEM MO
18th and T SITS. Sc. The Rev. H.
T. Bernthal. $50 and HOO am.
HOLY COMFORTER ULC
1919 Alabama Ave. at Branch Ave.
Sc. The Rev. F. @. Senger III. 8
and IL 100 am. 20 30 am.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-02
SN $50 THE EPISCOPAL CHURCH SI
" WELCOMES YOU W
NORTHWEST
ALL SOULS MEMORIAL

ALL SVVGJ WGVtVNIN6
Just North Of Shoreham and
Sheraton-Park Hotels
Cathedral and Connecticut AYES.
The Rev. Frank Blackwelder. Rector
Services: $50 and 100 am.
Church School. 100 am.
Thurs, IL a,m.-Hsaling Service
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-02
EPISCOPAL
SOUTHEAST
CHURCH OF ST. TIMoIHY

1901 Alabama Avenue Sc.
The Rev. arthur H. Underwood
The Rev. J. Richard ECkart, Assoc. Ret.
7:30. 900 and HOO am.
Church School. 900 am.
NURSERY. 900 and HOO am.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17

FAIRFAX COUNTY, 90 min. from
Dulles airport, Off Rte. 50.--Ai
brick. bedrms., full and 2
half baths, finished rec. rm.,
firepls., eXtra-large liv. rm., sep
din. area, all cleo appliances V,
acre ground. $4,000. $4,000
down. Du. b-6671.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
ENJI USIVE WITH
HICKS

REALTORS OPEN Q TO .
KI. 8-3111 OF. 4-6040
I3fO6 Mt, Vernon Ave, Alexandra
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
LOTS, ACREAGE FOR SALE

ACCOKEEK, MD. Piscataway Co
Sales office will open Dec. Q at
new location at Moyaone Recrea-
ton area. For info. Blu. 3-2l21.
ABOVE COLESVILLE!-2-acre sites
in PANORAMA HILL Like liv-
ing in the mountainsl Beautiful
views, no traffic! Relax and live
again! $3.50 up. Call WA. 4-9365.
Greater Maryland Prop. JU, 9-l240
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
HERRING
REALTY INC.
HUI. $4,000 9 TIL 8

ALEX. AREA-oNE IN A MILLION!
BRICK RAMBLER. FOUR BED
ROOMS. FULL BASEMENT, REC
REATION ROOM, storm windows
Si9,9SS o is UNb 6SSi FHA AP PITTis,
AL PRICE. VACANT. waiting to
be occupied. Don't wait, call
MONROE, so. $4,000. open
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
INVEST. PROP. FOR SALE
iCONTlNUeD)

MUST SELL to settle estate-2eh
acres with restaurant. gasoline
station and house on Rte. 2Q-211,
: miles west Of Centreville, Va.
Easy terms. Brokers invited. E
2, DEMATATIS, Executor, ST
3-s561 or EN-. 3-C056.
SILVER SPRING INCOME, 81 900 q
mo-, low expenses, lots Of traffic
room for expansion. sos, 900
GRUBB-WILLIAMS. JU. 5-4554.
SUITLAND, MD.-4-unit brick, in.
come S3,316. asking $3.50 per
unit. 10. S-bl77 ewes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
HOUSES FOR SALIVA.
VIENNA
$500 DOWN


3O-yr. FILA loan available on thi,
3-hedrm., 2-hath home with fin
ished recreation room and wei
bar. Flagstone patio and com.
pletely fenced back yard, Truly
an excellent buy at SlS,500. Cal
Ell. 5-4l6I.
MRS. VIM. H. LAUGHLIN
MCLEAN. VA
VIENNA-By OWNER. Rambler,
fifvpl., . baths, 3 bedrms., equip.
kit, family rm,, walk-out bsmt.
Handicapped. FLA. S21,750 or as
sumo CT loan. 203 Patrick st. sw.
JE. 2-7232. OK. 4-llO4 Cofc.).
VINTAGE DOMICILE-Lovely, old
Colonial home, substantially built
IA centuries ago. Graced by
stately southern columns and !.
acre Of parklike grounds. Thi,
showplace with completely refur-
bished interior boasts lovely en-
trance hall, lSxlS din. rm. with
firepl.. attractive farm-size kit
3 huge bedrms., central air con.
ditioning and uncompromisinl
charm and workmanship though,
out. Priced in the low 40s. HAN.
SON HOMES. REALTORS, JE. 3.
3137
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17

NORTH = All-brick
3la-bedrm., 21a-bath Cape Cod W
sep. din. rm., equipped kit. W
eating space, side scr. pch,, full
bSmt, with. rec. nm. and 2nC
firepl. w/bar, sep. utility rm.
workshop area and built-in ga
rage. All this plus CENTRAL All
CONDITIONING for only Sl7l
per mol. Option to buy with S4t
per mo. to apply toward dow
payment. Owner will redecorate
Wall-to-wall carpeting! Storm
windows throughout! Open Satur
day and Sunday, 1921 Arlington
blvd. between Irving and jackson
StS).
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
HOUSES FOR sALE-vA.
GROWING

ARLINGTON, n. - GROWING
PAINS Enjoy them In this won
oerful, older home wa wealth OF
living space. True center hall. liv
D nm, wIfirepl., 5 bedrms., formal
din. rm., . screened porchs and
full bsmt. Detached garage. Walk
ing distance to Glebe I'd. H.-W.
heat S26,75O.
HOLLEY REALTY
1888 Lee Hwy, Arl. KE. $3.50
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
HOUSES FOR sALE-VA,

OLDER 2 st. hse tfrsme) COW, "a
Dulles, trees, secluded over u
acre, closet to everything. 4 b.r.s,
ga baths. bsmt, gar, outbldg
$4,000 loan, $500 cash. Princi-
Piles only. CIR. 3-2l1a.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17

FALLS CHURCH - New Orlean,
Colonial home beautifully main
huge bedrooms, ga baths. CoZy
recreation room with bar and log
burning fireplace is perfect for
the pure pleasure of informal en-
tertaining. A delightful ialousied
porch will make your casual spare
time the most enchanting ever
Charm and quality throughout and
a magnificent setting on a large
tree-studded lot. An inspection
will convince you. Just call JE
$4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
STREET LEVEL
1104 Vermont Ave.
FARMS

CENTREVLLE, VA. = fO34 acre
farmette, completely fenced. 2
streams. barn, 7 acres blue grass
and fescue sod. "a acre garden,
remainder wooded area. Plus new
81 II. 3-bedrm. brick rambler. Q
firepls.. storm windows, carport.
lee. patio, full daylight bsmt.,
finished rec. rm. Remainder
apt, back yard fenced, Principals
only. Call OWNER. CIR. 3-1546.
FINE FARM FOR RENT-15O acres,
all open land, Chester loami well
fenced. large barn and outbuild-
ings (no nousel, close in; S150
per mo. Call BOGLEY'S. Rockville.
Pc. 2-6l5l or John Chandler
9nith NJ A-oOS4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
Shannon & Luchs

Shannon q LuchS
REALTORS SINCE 1905
FALLS CHURCH CITY-GI special
No cash needed except closing cost
Immac. rambler in the most mag
nificent setting. Exotically land
scaped. Tall, tall trees; 2 large
bedrms., study or Bird bedrm.. din,
rm., liv. rm. with firepl., mod.
kit, bsmt. with playroom, breeze
way and garage. Just redecorated
A pleasure to show. Take time to
see this lovely home today. Price,
SIS. 700 appraised. Open 9-S.
PLANTATION REALTY, JE. 4-7000
FALLS CHURCH-S4OO dn., SIS
mo-, 3 b.r. ram, equip, kit, u
acre. Unlikely RLTY., ia. 7-0250.
FALLS CHURCH, walk to st.
James, stores and bus-Charming
3-bedrm. rambler on quiet street
Completely redecorated. New kit
equipment. Move in this week
Asking $4,000. CAROLINE L.
Campbell, AGENT, JE. 3-12S2
FALLS CHURCH AREA-504 Wood,
ley Place. Very comfortable brick
rambler, sitting pretty and SITTING
high. Hardwood floors, storm
windows. Sl6,500. little or M
cash down. KE. 6-S793 % til 81
or 52s-0S00. MoELLER REAL
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
INVEST. PROP. FOR SALE

ANDREWS AREA-S25O mo. in
come from 2 furnished apart
ments each with 2 bedrms., liv.
rm., kit. and bath. T. D. BUR-
CESS CO., REALTORS, RE. g.
5000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
RHINESTONE

This antebelium stone mansion
lived in BY several generations OF
Kemps, stands firm and solid as
monument to the decades during
which the family played its part
in the history OF Frederick Co.
This authentic 1l-rm. Southern
Colonial is a through center hall
manor house with open well stair
case, iiv. rm. with firepl, library
with firepl., dining rm. with fire
pl., buffers pantry, family-sized
modern kit, powder rm., enclosed
side porch are recent additions to
liveability. Master bedrm., bath,
3 other bedrms., bath, maids rm.,
fully floored attic. l6x40 bsmt,
oil heat, 10X40 flagstone front
porch, from which stately South
ern Colonial columns rise to the
end fir. The circular driveway
under the porte-cochere is in ex-
quisite taste. Modern 6-rm. frame
farmers house, 32-cow dairy barn.
horse barn, detached Gear garage,
city water. Farm leased at 1925
mo. exclusive OF main house and
appurtenances thereto, Kempstone
is surrounded by tall trees on
pleasant knoll. Your investment
has the additional security Of 81
acres Of potential development
land with CITY water adjoining
rapidly developing Frederick City,
Nd. 100000, terms Us cash, ball
ance $500 per month including
interest at Sc. BY appointment
only.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17

ARLINGTON, close in, 7
minutes to PeDtagon, IL
minutes to Capitcl-New g.
bedrm. brick split foyer.
clean, comfortable. Conv. to
schools, transp. and shop
ping. Quiet friendly exclu-
sive neighborhood. Suitable
for executive, impressive for
entertaining. Wall to-wall
carpeting, fully air cond.,
gas heat All-eleotric kitch-
en-. Large rec. rm.. 8 twin
size bedrms., 8 baths. Only
1Ooo down to reliable pur-
chaser. Immediate posses
sion. New furniture at fac
tory cost included If de-
sired. Don't delay. Call i'm
mediately. OPEN for in
spection. 1918 S. 23rd St.
Arlington. OWNER or OF.
4-6429.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
COUNTRY PROPERTY

FOR SALE OR RENT-Rappahan-
mock Co., Va. 65 mi. to D. C.
Nearly new, all modern. 2-bedrm.
dwl. basement. we'll located in
good neighborhood on 10 beautt-
full acres. Call MR.. THOMPSON
700 937-3323.
VA. FARM, so mi. D. c., paved I'd.
High recreational potential, good
care and improvement will pay
rent. 703-66S- 61S4.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
DOWNTOWN

LEESBURG-5nO-a farm
300 acres for immediate
sale. Excellent option rights
to purchase additional 200
acres at stated price; has
over l-mi. frontage on
Goose Greek, near Goose
Greek Country Club. Main
house and barns in excel
lent condition. Priced for
immediate sale. Call Mr..
Burke (eves.. DI, 10000.
BOSS a. PHELPS, INC.
Realtor
14l7 x st. NV. MA. $4,000
MOTEL, II units plus owners
house, ga acres Of commercially
goned ground on Rte. north
OF Beltsville, asking $4,000. Mr..
Patterson, UN $4,000,
LANGLEY REALTY
NEW DUPLEX BY BUILDER with
rec. rm., No. Arlingtons choice
location. 67l-s1o0 or ia. 4-120t,
NINE AUNT APT. HOUSES for
sale. Maybe purchased individu-
ally. Low down payment. Excel.
financing. 12-l5ce return on cash
investment. Excel. rental area.
Close to schools and shopping For
Information. Mr.. Litman, WO. g.
2274. TANEN REALTY CO. Ewes,
TIA 0-lbl3
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
CHARLES H. JAMESON -
7 Q OOOp ~ M 010Q1

$40 A-Cattle farm with modern
ICED Colonial home. Views, river
frontage, equipment incl. S33, 900.
Terms.
$40 A-Ideal for huntsman and
investment Only SIS per A.
74O A-Cattlemans dream. Words
can't describe. Has everything
desirable. Rich Davidson soil. GOOD
modern buildings, river frontage
plus springs, one Of the best
right at SI75,000. incl, equip.
CULPEPER REALTY, Culpeper,
Va, Phone 703-S26-9257.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
HOUSES FOR SALIVA.
FAIRFAX AREA-$32, 500
Air Cond. 75-Ft. Brk. Ramb
o-CAR GARAGE

FAIRFAX AREA-S32, 500
Air Cond. 75-Ft. Brk. Ramb
2-CAR GARAGE
Lovely 25-ft. liv. rm., firepl. Din,
De luxe 15-ft. kit, 4 bedrms., z
baths, full bsmt. Sliding glass
doors lead to u acre with Anchor.
fenced rear yard. Assume loan. OF
FILA or CT financing available.
LUCILLE COOK
JE. 2-3272. Realtor. JE. 2-4664
FAIRFAX-Practically new tri-leve
house; many large oak trees; over
h-acre lot: mr.. Belt road anc
schools. Lge. liv. rm. W/firepl.
4 bedrms.. 3 baths, full din. rm.
Ice. family rm. w/firepl. on grade
w/patio door and rec. rm. H.-w
Dashboard heat. Screened-in din
porch: dining space in kit. WIDOW
window: carport. ll07 Janet Lane
Oakdale, off Cedar Lane. JE. 4.
5276.
FAIRFAX, VA. = Colonial 2-story
columned residence on , attrac.
tive Handicapped acres. wide cen.
ter hall, double drawing room
spacious din. rm., pantry, family.
size kit, powder room, large
corner bedrms., . baths. rec. rm
and bath. oil heat, good barn
Gear garage, Groom bunk house
Call Mrs. Gray. FRANCES
POWELL HILL, REALTORS, 1906
goth st. NV. DE. 2-4101. Ewes
FE. 3-l934.
FALLS CHURCH-Charm. 3-bedrm
brk. Colonial. pine-paneled 2Sxl$
lst-floor fam. rm.. h bath
step-saving kit. with breakfast bar
$4,000. Make offer. JE. 2-70S1.
FALLS CHURCH = 4 bedrms., .
baths. garage, firepl.. beautiful
landscaping. Cow. to city school
and shopping. Swim. pool mem
hership avail. Asking $4,000. JE
2-g369. after 1870 pm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
VOLUME
MORE PROFIT

MORE PROFIT
The SINCLAIR REFINING COM
PANY now has available for lease
large ebay service station
which has produced high volume
sales OF gasoline. TBA and serv-
ice work and has yet to reach its
higher potential.
l want to talk to the operator who
can handle this volume and con-
sequently experience an income
far in excess OF the average sery-
ice station operation profit strue-
ture. Call NOW, Mr.. WARD, LA.
a-5OO0, Ext. 10.
DRY CLEAN
ERS-Coin operated, new and in
crates, to be sold below cost. Full
warranty on all equipment. Terms
cash. All nationally known
brands. Phone Richmond, Va.
2S2-9394 or 2ss-6354.
Q ACRES-Looking for a job at
home with a good income? Then
you should come out and see this
large 6,0O0-layer capacity chicken
plant. Has Melted $1,000 per
month when in full operation.
Will sell or rent. For info, please
call OWNER, 703-754-3446.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
FALLS CHURCH-S2l 500

FALLS CHURCH-$2l, 300
A most convenient 3-bedrm.. ~
bath brk. rambler on wide corner
lot with towering oak trees. Liv.
rm., firepl., din. rm.. equip. kit,
full bsmt, paneled rec. rm., u
bath. Vacant. Walk to shops,
transp., st. James. FILA or Oh
LUCILLE COOK
JE. 2-3272 Realtor JE. 2-4664
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17

I-UNIT APT. fully rented. close
to Courthouse. shows 15Hs return,
plus mort. reduction with So, 900
cash, priced at S33. 500. METZ
LER. REALTORS, 2417 Lee high
way. ia. 5-7575.
i-FAMILY FLAT, S21 800. Detached
modern brick. off S. Capitol St.
D. c. Income 3.120 yr. DI. T.
1855. OIL. 2-1l66.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-17
BUSINESS OPPORTUNITIES
(cONTINuED)

CARRY-OUT, upper 14th st.. excel.
loo. and good lease, must sac. for
quick sale. VIII. 6-4551.
ESQ SERVICE STATION. good
ySelIamnee' IgooS Sc; location. about
Evening star., 1962-07-27
Personal Incomes
Continue to Rise,
But Rute Eases

NEW YORK, July 27 (AP).
Personal incomes continue to
rise, but the rate seems to be
Stacking off. says Business
Week Magazine. ..3
It estimated total personal
income in May at 1868 billion,
up Z per cent from May last
year and up slightly from April
this year.
But, said the magazine, May
was the first month this year
in which the increase was not
greater than the previous
months increase.
For the first five months,
personal income totaled $178.7
billion, up 7.3 per cent from
the same period last year.
All States showed increases
for the five-month period, with
Nevada's rise Of 1871 per cent
to 1919 million the biggest
jump. Montana and Wyoming,
each with rises of 6 per cent,
showed the mildeSt gains. o..
Evening star., 1962-07-27
Decline Seen
InAuto0utput

DETROIT, July 81 (AP).-
Passenger car production will
dip to 137,476 units this week
as American Motors and Chry-
sler wind up 1862 model year
production, Automotive News
said yesterday.
The total compared with
148,475 last week and 74,935 in
the similar week of 1861.
Truck production was esti-
mated at 25,066 units, COM
pared with 26,010 a week ago
and % ,299 last year.
All companies except Ford
have completed the model year
in Canada. Output this week
by Ford included 2.520 cars and
SIG trucks. Last week the in
dustry assembled $500 cars
and 1,421 trucks and in the
corresponding week of 1861 the
totals were 2,209 cars and 267
trucks.
New car sales in mid-July
failed to match those of the
S similar period a year ago,
Wards Reports said. This was
the first time this year sales
have fallen benin
Wards said 175,149 domestic
cars were sold between July II
and July 20-a daily average
Of 19,46l-compared with IT,
1853, or 19,707 daily, a year ago.
Since January / sales have
exceeded 1861 figures by 734,-
870 units, or 24.3 per cent.
Evening star., 1962-07-27
Kenneth Davis
Heads Small
Loan Firm

Directors of Personal Indus
trial Bankers. Inc, yesterday
elected Kenneth c. Davis of
Lexington. KY, president to
succeed Carl r. Woxman who
announced his resignation
Wednesday.
Prior to the board meeting,
stockholders elected three new
directors. including Mr.. Davis,
Stanley E. Wilson and James
F. Willett. vice president of
American Security & Trust Co.
The Washington small loan
company will move to Lexing-
ton. KY, in a few months and
will be merged with Kentucky
Finance Co. Garvice D. Kin
caid, who acquired control of
PIB last year, controls Ken
tuOhS TlIldIlCcs
Mr.. Davis, new president of
PIB, is senior vice president
and counsel of Kentucky FL
nance. Mr.. Wilson was elected
executive vice president of PIB
yesterday and r. E. Curtin was
named treasurer. Mr.. Curtin
also is treasurer of Kentucky
Finance.
When merged, the combined
companies will have SAL mil
lion of assets and IL offices
operating in IA States.
Directors of PIB yesterday
declared regular quarterly divi-
dends on preferred and COM
mon stocks.
Evening star., 1962-07-27
Rates Freedom Called
Vital for Eastern Rails
BALTIMORE, July q (AP)

BALTIMORE, July 81 (AP)
Transportation specialist for
a New York stock investment
company said today that East
ern railroads face bankruptcy
without more freedom to fix
their own freight rates.
Current assets for the past
three years reveals a rising
trend of total dollar deficits
that indicates that many of
the Eastern rails are close to
the point of financial exhaus-
tion," said w. Wendell Reuss
of w. E. Hutton Co.
He asked at a luncheon
meeting of the Baltimore Rail-
road Community Committee
how bankruptcy could be
avoided when railroad earnings
in 1860 amounted to only 81
per cent of fixed costs.
Mr.. ReusS urged railroads
outside the East to join in
seeking rate relief from Con-
IgresS or else their properties
Evening star., 1962-07-27
MarIboroBank
Promotes Ellis
And Graham

Henry c. Ellis has been pro-
NOTED to vice president of the
First National Bank of South
ern Maryland. which has its
main office at Upper Marl-
boro, Md.
Directors also have advanced
Gene r. Graham to assistant
vice president, it was an
nounced today by Board Chair
man NJ. H. Magruder and
President Adrian P. Fisher.
Mr.. Ellis started his banking
career with the old National
Metropolitan Bank in WASH
ington and joined First Ma
tional as assistant cashier in
1948. He was advanced to as
siStant vice president in 1858.
He is secretary-treasurer of
Group 4, Maryland Bankers As
sociation, and is a member of
the associations 1868 conven-
ton committee.
Mr.. Graham joined First Ma
tional as manager of the con-
sumner credit department in
1857 and later became assistant
cashier.
He is serving currently as
first vice president of the Marl-
boro Lions Club, is a member
Of the consumer credit commit
tee of the Maryland Bankers
Association and is a thesis ad-
visor to the School of Con-
sumner Banking at the Univer-
Sity of Virginia.
Evening star., 1962-07-27
Savings and Loans
Set Lending Record

District of Columbia savings
and loan associations set a new
lending record in the first half
Of 1861, the Federal Home Loan
Bank of Greensboro an
nounced today.
The 24-member associations
of the bank closed $35, 5,544, 900
of mortgage loans in June and
increased their total lending
volume for the first half of
1862 to $169,014,0OO, a gain
of $15s,616,000 above the pre-
vious record for the period of
$158,6l6,000 a year ago, the
bank said.
On the savings side, the as
sociations set a new June rec
ord with a net savings intake
of $15,525,000. Their S56,6O4,-
600 for the first half, however,
fell short of the $73,O65, 900
peak in the same 1861 period.
Evening star., 1962-07-27
Federal Bonds
Drop Sharply

NEW YORK, July q (AP) =
The Government bond market
opened sharply lower today,
the aftermath of the Treas
ury's announcement yesterday
OF August financing plans.
One over-the-counter dealer
in Treasury issues quoted long
maturities off 8/32, intermedi-
ateS off y and bills mostly un-
changed. Trading was dull.
The drop was attributed to
inclusion in the financing plans
OF a new, long-term issue with
a Az per cent coupon that most
dealers considered a surprise.
The refunding scheduled for
August Is, included $75O million
of these Is to 80 year bonds.
1t was the Kennedy admins
tration's first venture into the
long-term securities market
with a cash offering.
Evening star., 1962-07-27

will not long stand up credit
wise or securities-wise.
1T is my considered opinion
that another wave of railroad
bankruptcies, as was expert
enced in the early '30s, cannot
result in other than Govern
ment ownership and opera
ton"
Mr.. Reuss said the principal
demand by railroads should be
a directive from Congress to
the Interstate Commerce Com
mission to change its rate max
ing policy.
Mr.. Reuss said the ICC pol
icy is to compel the railroads
to maintain rates at levels
which provide an umbrella of
protection over other modes of
transportation"
He said the railroads should
be permitted to fix rates that
not only will benefit their Gus
toners but "be compensatory
to the rails"