davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08

reported on ownership and op-
Grafton Of II apartment prop
critics scattered throughout
Northwest Washington. The
meeting was in the board room
OF National Savings g. Trust Co.
which serves as trustee.
Clarence Brown, chairman of
the bondholders or owners of
the trust, reported the latest
acquisition of the trust was
apartments at 1868 Columbia
toad, NV. This purchase was
made early in January.
II Other properties include $500
Woodley road, NV, 1910, 2311,
2701 and 1850 Connecticut ave-
nue. NV. and 27O2 Wisconsin
aNenue NV. Offices of the
trust are at 1878 Columbia road
NV.
James Med. Shea, retired
president of District, Lawyers
and Washington Title Insur-
ar1ce Companies, is rounding
out his 42nd year as secretary.
Representative of a type of
ownership which owns a lot of
property in the Washington
area and especially the Dis
trict of Columbia, the Bliss
trust was created in 1911 by
Alonzo o. Bliss. who founded
the Bliss Medical Co. around
1890 and built a small fortune
from Bliss Native Herbs, a we'll
known household remedy at
the time.
He left the patent medicine
company and some real estate
to the trust when he died in
1927. Originally 30-year trust,
Bliss Properties was extended
in 1941 for another 80 years
to 1872.
Except for Mr.. Shea, who re-
ceived an interest for his serv-
ices, the seven bondholders all
are heirs of the founder.
In addition to Chairman
Clarence Brown and Mr.. Shea,
they include Dean Brown, jr.,
Catherine B. Richardson, Mrs.
Arthur L. Bliss, Alonzo Bliss
III, and Barbara Ann Bliss.
In the SO years of it's exist
ence the trust has benefited
by the growth of Washington
and the value of it's properties
has kept pace with the infla-
tionary rise in prices. Obvi-
ously, it also has benefited by
expert management and super
vision.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
1in1eDeposits
0fD.C. Banks
Set Record

Rejecting the attraction of
higher interest rates for saw
ings, time deposits of Wash
ington's three largest banks
continued to expand in the
week ended February %, data
from the Federal Reserve Bank
OF Richmond disclosed today.
Time deposits of Riggs Ma
tional Bank, American Security
& Trust Co., and National Bank
of Washington edged forward
to $328,636,000 on February %,
a new all-time record and $751;
$4,000 or 7 per cent ahead of
1907, 007, 900 on December 81.
They also were SAL ,545, 900 or
14.3 per cent ahead of $780,
091 900 on December 6, 1861.
The total was $287,577,00 on
June % last year.
! 1t is apparent that after
showing little change from mid
year through November, time
deposits started to rise in the
last three months of December
when the Federal Reserve Board
raised the permissible limit on
savings account interest rates
of commercial banks.
Most area banks raised their
rates to the limit of 4 per cent
for accounts of a year or longer
and 312 per cent on accounts
of six months to a year. Since
then their time deposits have
been rising steadily.
Demand deposits of the three
big banks amounted to $685.
All 900 on February %, COM
pared with $896,253,O0O a week
earlier and $911,722,OOO on De-
cember 81, 1861. The total for
June % last year was 1884,
625 900.
Gross loans of the three in
situations expanded to $780,
003, 900 on February %, up mod
erately from 1896, $50, 900 a week
earlier, but down seasonally
from $634,878,O00 on December
~. Their total for June % last
year was $587, $4,000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
YOUR
MONEYS WORTH

duction alone. You should be
prepared with the strongest
proof of the time you spent on
professional or business activi-
ties during the tour. If you
have this proof, you have a
fighting chance to win at least
a partial deduction of your tour
costs in court assuming the
expenses were large enough to
make litigation worth while.
To show you how this works,
a doctor and his wife took. a
Second Post Graduate Medical
Seminar Cruise" to various
Mediterranean ports - total
tour fee, 1881. The Treasury
disallowed any deduction; a
a court agreed the wife's ex-
penSes weren't deductible, let
the doctor take 1892 out of the
81 1881 claim. az
SUNDAY: New tax break for
divorced husbands. ~"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
2,250,000 Ford Shares
To Be Sold in April

NEW YORK, Mar. 8 (AP).-
The Ford Foundation has an
nounced plans to sell a huge
block of Ford Motor Co. stock
"a million shares-late next
month. At current market
price, the stock would bring in
some 1920 million. The plan
was announced yesterday.
The foundation, making the
fifth such public offering in
the last six years, is seeking to
diversity its enormous securities
holdings. Even after the forth
coming sale, the foundation will
retain more than SO per cent
of all Ford's outstanding stock.
The Ford Motor Co. itself is
not involved in the projected
sale.
Since 1856, the foundation
has sold about 10 million of the
$40 million shares of Ford
stock it received under the re-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Sears Launches
Appliance Rental

CHICAGO, Mar. 8 (AP).-
Sears, Roebuck & Co., an
nounced its fifth new service,
rental of tools, appliances and
equipment, for the growing do
it-yourSelf portion of the
public.
The service has been started
in five stores, and Sears said
200 retail stores across the
Nation will be operating the
service by the end of the year.
The five stores are in Gary,
Ind; Tulsa, Okla; Fort
Wayne, Ind; Rockford, Ill,
and Chicago-Oakbrook.
Items to be rented by the
hour, day or week include floor
sanders, polishers, rug scrub
bers, painting and wallpaper
ing equipment, garden and
yard tools, plumbing tools,
party and banquet supplies,
moving equipment, office and
Photographic items and baby
furniture.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Kay Foods Expands
Baltimore Plant

Kay Foods Corp, professors
of Round-the-Cloc fruit juice
drinks, and Milrose prune juice,
has completed an addition to
it's Baltimore plant, which pro-
vides 1000 square feet more
space.
Located at 241 North Frank
lintown road, the Baltimore
plant now has a total oper-
ating area of more than So
600 square feet,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Biz Year Predicted
For Air Conditioninq

Commercial air conditioning
will play a major role in the
$500 million non residential
new construction planned here
this year, R. A. Burgbeacher,
zone manager for Worthington
Corp, predicted at a meeting
of area dealers, contractors and
builders.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Tech Serv Is Building
Ldrqer Quarters

Tech Serv, Inc, College Park,
Md, electronics firm, has start
ed construction of a new build
ing, which will more than dou-
BILE it's space in the Beltsville
Industrial Center.
The aforementioned building
will provide more than $4,000
square feet for expansion and
is scheduled for occupancy in
early July.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Dividends Declared
By PIB Directors

Directors of Personal Indus
trial Bankers declared the
usual quarterly dividends on
common and preferred shares,
payable March 80 to holders
of record March 20.
They included 3 cents a share
on the common; IS cents on
the $1.40 prior preferred; Is
cents on the 81 cumulative pre-
ferred, and SITS a share on
the 7 per cent cumulative pre-
ferred. Ill.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
GEM International
Reports Hiqher Net

GEM International, Inc, had
net earnings of $1,335,206 in
1861 after taxes, compared with
$877, 142 in 1860, reported Rob-
ert L. Wolfson. board chair
man.
The earnings were equal to
81 cents a share, compared with
go cents a share in the pre-
vious year. Paid membership
rose to BALL on December 81
from 554,011 a year earlier, Mr..
Wolfson said,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
New Data Processing
Firm Is ORGANIZED

A new data processing firm
Decision Systems, Inc, has been
organized in Silver Spring, with
Richard R. Martin as presi-
dent.
Mr.. Martin has had extensive
experience in computer systems
development and formerly was
with the Federal Systems Di-
vision of International Bust
ness Machines Corp. in Rock
vile.
Among the firms directors
are David M. Belts, Rockville
attorney and president of
County Federal Savings and
Loan Association, and William
Blum, jr., Washington attorney
and director of several research
and DEVELOPMENT firms.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
ALB Chapter Plans
Debate Tomorrow

A debating team from the
washington Chapter, American
Institute of Banking, will COM
pete with a team from the Will
mington Del.D ALB chapter at
the Washington Chapters
quarters at $50 pm. tomorrow
night.
The Washington team will
include John Zimmerman, vice
president of the Laurel State
Bank, and Charles Lands and
Alternate Robert Pickeral, both
from Riggs National Bank.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Save on Tdxes-IX
sY SYLVIA PORTER

agreed TO follow a court de-
cision that the cost of a trip
which is medically necessary
for convalescence after a seri-
GUS operation is a deductible
medical expense. You should,
therefore, be able to deduct the
expense of such at rip on your
1861 income tax return with
out Treasury objection. Until
1861, the Treasury has refused
to consider this type of trip as
a deductible medical expense
because it didn't alleviate a
specific ailment.
Before you or any of your
relatives or friends claim this
deduction on your 1861 return,
be sure there is proof from the
doctor that he considered the
trip a medical necessity for the
patients convalescence.
One Question Remains
If the patient was so weak
that he couldn't make the
medically necessary trip alone
then the cost of having his
wife travel with him also is de-
ductible as a medical expense
The Treasury has agreed that
this is correct.
One big question remains
open about these medical trips
Can the patient deduct as well
the cost of his meals and lodg-
ing when he gets to his desti-
nation? For instance, if the
patient was ordered by his doc
tor to spend two weeks in Flor
ida to recover from his serious
operation, the travel costs to
and from Florida would be de-
ductible medical expenses. But
how about hotels and meals
while in Florida?
Because the lower court
have split on the answer to
this question, the Suprem e
Court has agreed to rule on
the problem.
Until it makes it's decision,
you can handle this item in
one of two ways. Don't deduct
it on your 1861 return and then
file a refund claim if the ST.
preme Court upholds the deduc-
ton. Or take the deduction
and expect the Treasury to ask
you for more taxes if the ST.
preme Court holds that the
meals and lodging at the rest
area are not medical expenses.
Warning in connection with
medical trip deductions: If you
take a trip just for the gen.
eral improvement of your
health, the travel costs are not
deductible as medical expenses,
even if your doctor ordered the
trip. The Treasury accepts the
travel costs as medical ex-
penses only if the trip was
medically necessary to help
some specific ailment or to
convalece after a serious oper-
alton or illness.
Seminar tours for profess
sional men or businessmen also
are in for a rough going over
by Treasury agents and you're
asking for trouble if you pre-
pare your tax return on the
strength of any ads which hint
that Government will pay the
major share of a professional
seminar tour by letting you de-
duct the cost. In the first
place, if you took your wife
along, it's certain that her
share of the tour costs will be
disalloWed. AS for your own
share, the Treasury appears de-
termined to deny any deduc-
tons on the ground that these
combined professional and
characterization trips are pri-
marily vacation trips. It came
to this conclusion after exam
lining the prospectuses and pro-
grams for a number of the
seminar tours.
sVvnIxx
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Criterion Insurance
Shows Good Proqress

Criterion Insurance Co.,
youngest of the affiliates OF
Government Employees Insur-
ance Co., has made good prog
ress in its first four months of
actual operations, President L.
A. Davidson said in the annual
report to stockholders yester-
day.
From September l, when OPP
erations started, to the end OF
1861 the new standard risk
auto insurance company wrote
3,740 policies with a written
premium volume of $390,059. 1t
had earned premiums of 500, 1903
and a net operating loss of
$67,047, taking into account
both underwriting and invest
ment results
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08

ton on the northwest corner Of
Twelfth and E streets NV, it
has been announced by Clar-
ence johnson, Washington res
ident manager of Prudeutials
mortgage department.
The History building will be
owned by Downtown Associates,
headed by D. F. Antonelli, jr.,
and Kingdom Gould of Park
ing Management, Inc, and
Charles E. Smith, builder. Oc-
cupancy is expected in the
spring of 1863.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Prudential Places
81 Million Loan

A 81 million mortgage loan
has been placed by Prudential
Insurance Co. on a new office
building now under construc-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Bliss Properties Ends
.5Oth Year With Assets
Above ST Million
BY DONALD b. HADLEY
Star Financial Editor

= Alonzo o. Bliss Properties Washington trust which
30 years ago with around 100000 assets owns
properties valued at more than ST million
This was disclosed today after the 50th annual bond
holders meeting of the trust Monday when management
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
TREASURY BONDS

NEW YORK (AP)-Noon over the coun-
ter u. S. Government Treasury bonds,
bid, asked, net change and yield for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
OVER COUNTER

Following prices furnished by the Ma
tional Association of Securities Dealers
in Washington represent the range within
which locally active securities could have
been bought or sold at ! pm. Thurs.
day March "a.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
Examination Likely

This means that if you list
any deduction for a professional
or business seminar tour, the
odds are your return will be
examined because of that de-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-08
MUTUAL FUNDS

NEW YORK (AP)
National Associa-
ton Securities Deal
erS, Inc.
Navajo times. [volume] (Window Rock, Ariz.) 1960-1984, 1962-10-24
Realty
CONTINUED from Page II

services of drawing legal inStru-
ments free of charge in order to
educe the cost Of buying and SELL
ing real estate. The real purpose
Of Proposition 1O3 is to discourage
the parties in a trans action from
seeking competent Independent le-
gal advice. Such advice can point
out beforehand the pitfa in the
real estate agents proposal and
may defeat the agents objective of
making a sale as fast as possible
70 get his comuission. If there is
a bona fide purpose to reduce the
cost of real estate transactions,
the real estate agents should re-
duce their comm issionS which are
responsible for the high cost of
selling.
The real estate agents in their
petition are asking for a constitu-
tional guarantee Of the right to
engage in the practice of real es-
tate law without the responsibility
imposed upon lawyers by their
educ alton, canons of ethics and
court supervision. 1t is the public
interest, and not that of lawyers,
which is involved in this PROPOSE
tion.
For these reaons it is recon-
mended that you vote "No" on
Proposition lob.
STATE BAR OF ARIZONA, John
C. Haynes, Jr.. President, Tucson;
John Nj. Favour, First Vice Presi-
dent, Prescott: Richard H. Elliott,
treasurer, Phoenix; Joseph S.
Jenckes, Jr., President Elect,
Phoenix: Charles W. Stokes. Sec
ond Vice President, Coolidge; D.
E. Phillips. Executive Secretary,
Phoenix.
Navajo times. [volume] (Window Rock, Ariz.) 1960-1984, 1962-10-24
Reasons Why You
Should Vote Yes On
Proposition No. 103

The ARIZONA Supreme Court, by
recent decision, has decreed that
licensed real estate brokers or
statesmen may no longer draft or
film the customary documents
necessary to a real estate trans
action, no matter how small or
routine it may be. The decision
requires that when dealing with a
broker. the buyer or seller, or
both, must employ a lawyer to do
this work. This obviously adds ad-
ditional expense to both parties
whether necessary or not.
For many years the State of
Arizona has required that in order
for a real estate broker or sales
man to obtain a license he must,
in addition to having the necessary
moral qualific atoms. pass an ex-
animation given by the Real Estate
Commissioner. This examination
is a comprehensive one and the
apple ant must demonstrate sound
knowledge of all of the forms and
documents incident to real est ate
transaction A broker applicant
must have had at least three years
experience as salesman prior to
taking the examination.
Real estate brokers in Arizona,
and throughout the nation, have al
ways prepared the customary doc
uments at no additional cost to buy
er or seller. They are qualified by
training and examination to do SO
and are bound by rigid Code of
Ethics.
Navajo times. [volume] (Window Rock, Ariz.) 1960-1984, 1962-10-24

We urge you to vote YES on
Amendment 1O3 to restore the right
to draft or fill-in these forms to
the brokers or statesmen who have
performed this service for SO many
years. Passage of this amendment
will eliminate the unWarr anted and
unnecessary additional expense to
the buying or selling public without
in any way lettering those who
may, of their own free choice,
choose to consult an attorney if
they wish.
Your YES vote will help restore
to you your right to choose.
ARIZONA ASSOCIATION OF
REALTORS, INC, Stewart M. Win
ter, President, 2711 Kiva Place,
Tucson, Arizona; Carl H. Stock
land, 1st Vice Pres, 6822 North
57th Dr., Glendale. Ariz.: Henry
Brodersen, End Vice Pres, 234O
E. Heatherbrae Dr., oenix,
Ariz.: w. ]. B. Schimfessel, Sec
rotary, 513 w. Virginia, Phoenix.
AriZ.
This statement has been approved
by ]. Mercer Johnson, Legal Coun-
sel)
Navajo times. [volume] (Window Rock, Ariz.) 1960-1984, 1962-10-24

that qualific atoms for voters at
general election for the pur-
pose of electing presidential e.
lectors shall be as prescribed
by law. The word "citizen'
shall include persons of the
male and female sex.
The rights of citizens of the
United States to vote and hold
office shall not be denied or
abridged by the state, or any
political division or municipal
ity thereof, on account of sex,
and the right to register, to vote
and to hold office under any law
now in effect, or which may
hereafter be enacted, is hereby
extended to, and conferred upon
males and females alike.
No person under guard an
ship, non compos mentis. or
insane, shall be qualified to vote
at any election. nor shall any
person convicted of treason or
felony, be qualified to vote at
any election unless restored to
civil rights.
2. The proposed amendment
pproved by a majority of the
please see top of Column AZ
Navajo times. [volume] (Window Rock, Ariz.) 1960-1984, 1962-10-24

Continued from Page s.

1AOlll dSC y
election. or tor any office that
now is. or hereafter may be,
elective by the people. or upon
any question which may be sub
mitted to a vote of the people,
unless such person be a citizen
of the United States of the age
of twenty -one years or over,
and shall have resided in the
State one year immedi ately pre-
ceding such election, provided
Navajo times. [volume] (Window Rock, Ariz.) 1960-1984, 1962-10-24

BYRON BDDY) TSNcINE, 5year old All Club member from
the National Livestock Show The trip offered by the First State
Bank Gallup outstanding Navajo Al Club Member
IS IN HIS third Club Work has leader
ship potential.
THIS YEAR, HE FED and showed the place light weight fat calf in
Reserve Cham
Navajo Tribal He
including the all Navajo Contest
Navajo times. [volume] (Window Rock, Ariz.) 1960-1984, 1962-10-24

members elected to each house OF
the legislature, and entered upon
the respective journals thereof,
together with the ayes and nays
thereon) shall be by the secretary
of state submitted 70 the qualified
electors at the next regular gen.
eral election Tor at specl al cleo
tion called for that purposel as
provided by article Fl, Constiru-
tion of Arizona.
ON OFFICIAL BALLOT NO. 103
INITIATIVE PETITION
Be it enacted by the People of the
State of Arizona: The Constitution
of Arizona is amended by adding
new Article XVI, to read:
ARTICLE XVI
Right of licensed real estate brok-
ers and statesmen to prepare in
Continued on Page IL
Evening star., 1962-12-25

the national average by a
good $50.
> This year, it appears, about
8 per cent will spend less,
and nearly 25 per cent will
spend more.
The reasons for spending
more are about equal in en-
phasis: there is more money
to spend, the family is larger,
there is more time to shop.
Only about 25 per cent of
congressional families bother
to set up a Christmas budget,
and maybe, It is just as well,
because more exceed the
budget than stay within it.
Other findings the survey
came up with include:
- Congressional wives re-
fceive more gifts from their
husbands than their hus-
bands receive from them.
Husbands ask their wives
for guidance in one out of
three families.
Evening star., 1962-12-25
For u. S, Legislators
It's Christmas, Too

and several reported receiv-
ing as many as IL.
On the other hand, nearly
one of five gets no ties at
all.
The survey Of congressional
yuletide habits was conducted
by a research firm called
market facts, inc. which In
terviewed wives of % sena--
tors and rs representatives. /
Three Of four congressional
families last year spent more
than 5000 on Christmas pres
ents to each other. That tops
Evening star., 1962-12-25

rather than exchange pres
ents.
The survey covered the
families Of 81 Democrats and
43 Republicans but did not
report which party is more
generous in the gift-giving
department.
Evening star., 1962-12-25

bows Of ribbons for the pack
ages.
The average American
family gives a greater num-
Der of presents at Christmas
than the average congress
sional family: 80 compared to
20.
One congressman's wife
SAYS her family gives a check
to each church in their small
home town in Wisconsin
Evening star., 1962-12-25
The Semi-Fit

Holiday sportswear on a
semi-fit kick, with the shift
jumper and its big-sleeved
white blouse, and the tapes
try or quilted shift causing
comment.
Evening star., 1962-12-25
.rAwe,rv Il far and away

-Jewelry is far and away
the wives preferred gift.
Twice as many congress-
men know their wives cloth
ing sizes as don't.
More than half the wives
give clothing to their hus-
bands, mainly robes, slippers
pajamas and shirts.
Two out of five hus-
bands wrap their own pack
ages, and one of three makes
Evening star., 1962-12-25
By ALAN EMORY

North American Newspaper Alliance
Congressional families
spend more than ordinary
folks on Christmas, but 9TH
erwise apparently. they act
Just like us. More than half
who have a Christmas budget
60 over it.
And do members Of con-
gress get ties! The average
is three pieces of neckwear
per lawmaker, but nearly
one out Of five gets six ties,
Evening star., 1962-12-25
Regal Touch

Jewels in the hair, nat
ural with the high piled
evening styles, with neck
laces wound In and out, clips
in pairs, or jeweled flowers
look quite regal.