davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-28
THOMAS N. RAfsOh, Attofney
1890 National Press nlAa.

UNITED STATES DISTRICT COURT
for the District Of Columbia, Hold
Ing Probate Court.-ho. 107,773,
Administration. This Is TO Give
Notice: That the subscriber, Of the
District. OF Columbia, has obtained
from the Probate Court Of the
District Of Columbia, Letters Tes-
tamentary on the estate OF Al
0ERNON p, REEVES. late OF the
District Of Columbia, deceased. All
persons having claims against the
deceased are hereby warned TO ex-
hibit the same, with the vouchers
thereof legally authenticated. to
the subscriber, on or before the
l2th day OF August. AID. 1885
otherwise they may b. law Be
excluded from all benefit Of said
estate, Given under my hand this
lIth day Of February. 1888. JOHN
W. REEVES 4s10 lockwood Park
way NV lseall Attest: ARTHUR
SMITH, Deputy Register Of
Wills Tor the District Of Columbia
Clerk oi the Probate Court.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-28
AucHI0N SALES
(coNIlNuEo)

ADAM A, wEsCHLER a SON
ACKNOWLEDGEMENTS
STORAGE SALE
New and Used Household
FURNITURE
Modern Liv. RIM. Group
New Lounge & Dec. Chairs
Sofa Beds-Mattresses
Mirrors
Chest of Drawers
WaShers-Refrigerators
Gas and Electric Ranges
Mirrors-Pictures-Books-
China, Etc.
BY AUCTION
AT WESCHLER'S
TOMORROW
905 E ST. NV.
COMMENCING AT $50 AN.
Sofas, sofa beds. lounges, occasional
aud sectional chairs, chests OF
drawers, dresSers, beds, box and
coil springs, mattresses, lamps,
dinette and dining groups, etc.
INSPECTION INVITED
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-28

out.of- Town Rate. SLOT Per Line
} o. More Times. 500 Per Line
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-28
N DILLON uTLOEkALD, Att
$50 Washington Bldg.
MAahlnRlan & ID

UNITED STATES DISTRICT COURT
for the District OF Columbia. Hold
ing Probate Court. No. l07.36s,
Administrator This Is TO Give
Notice: That the subscriber, Of the
State Of virginia, has obtained
from the Probate Court Of the
District Of Columbia, Letters Tea
tamentary on the estate Of MAY
A. MCCAIN, late Of the District
OF Columbia. deceased. All persons
having claims against the deceased
are hereby warned TO exhibit the
same, with the vouchers thereof.
LEGALLY authenticated TO the sub
seriber. on or before the l2th day
Of August, AID. 1893: otherwise
thew may By Law be excluded from
ali benefit Of said estate. Given
under my hand this 18th day Of
February. 1858. THERESA MARY
MCKAY, 1919 N. 4th Street, APT.
Attest: ARTHUR r. SMITH, Dep
uty Register OF wills for the DlS-
trict OF Columbia. Clerk OF the
Probate Court. fsi4,2i,2s
TUnMA0 n RAVaOR Ataafaaw
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-28
I'LL 2, INoELs Allsrnsy.

WV N hMANAAMMH
UNITED STATES DISTRICT COUNT
for the ptstriet Of columblA, Hold
Ing Probate Court mo. 100 hOt,
Administration. This Il 10 Give
Notice That the subscriber, oi
the District Of columblA has ob-
,,neS ! ir95 ne PL,oesss cGuL, q
Si .nR q !JoHSasoss' ,. ;:'. II *.
District Of Columbia, dscsassd.
Az persons haylns claims aEalnIt
ne deceased are hereby warmed
70 exhibit the same, with the
vouchers thereof lssally Authsn-
bsfors TIE 10 CAV u''s u OJaiy, 0nAp
1885, otherwise lhsy may by law
said estate Given undsr my hand
thla $50 dag ot EsbTuary. i0sS.
ELLi "A INoEfA i0as shore
sYRosu wuca So b.Ou,IA i s..i
Court fsss.mh7'Il
BRAULI and QRAHAM, Atternsvs
,,,,,lsIl lath Street NV,
UNITED BTATkB DISTRICT COUNT
Ior ths District Of Columbia, Hold
lnY Proeats Court NO, IO7,p01.
soIIss 4 -ssion &. ,,,s.,,s 70 oiy.
piiifiet Of columbia. has ohtaihss
from the Probate Court OF the
District Of Columhla. f.sttera oh
Aamlnl.tratlon on The sstats Oh
Earl pREfTzt Eil. late 81 the
Dlslfiet q Columbia, deceased. All
DECEASED are hereby warned 10
exhibit the sams, with the voaehs
efa thereof, legally authsntieated.
x, w, ;SH as ~ s5,u. e kob 9fsssE.
otherwise they may 81
sstats Given under nv hand tkis
nl1b,.dsI .L,s,ergafy !. laes.
poRE. cooswEtI.. RseistsP 81
WIS ioI the District Of coiumbia.
Clsl ot The Probate Court.
CONTINUED on Next PassJ
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
ViscOse Baked
InNergerP Plan

SAN FRANCISCO (AP).--A
court order has blocked a $ll6
million merger planned yester-
day by two big firms 5000 miles
apart.
The United States Court OF
Appeals granted the Govern
ment a temporary restraining
order In Santa Barbara. halt
ing merger plans Of American
Viscose Corp. Of Philadelphia
and FMC Corp. Of San Jose
Calf.
Earlier, United States District
Judges George B. Harris
refused to intervene in San
Francisco on behalf Of the
Justice Department. seeking To
block the merger.
A three-judge panel that
granted the restraining order
contended that further delay in
the merger plans would moi
seriously affect stockholders
The panel directed that the
case be taken up here in July
or August by the Appeals
Court.
American Viscose. with mel
sales OF $240 million last year
leads the Nation In the produc-
ton Of viscose rayon yarn. The
Government maintains that III
acquisition by FMC Corp
would lessen competition In the
sale OF chemicals used by
American Viscose In the produ'
! ton Of rayon and cellophane.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
Bond &Shure Acts
To End Status as
Investment Firm

NEW YORK (AP).-Stock-
holders have approved a pro-
posal that Electric Bond &
Share Co. cease TO be an in
vestment company.
The company will apply to
the Securities and Exchange
Commission for It's approval.
The company said that on
June II its interest in major
ity-owned subsidiaries amount
ed to 81 per cent Of It's assets,
other than cash items. This
interest has grown from 48 per
cent at the end Of 1851 and
So per cent at the end Of 1862.
Last April, Bond a. Share ill
creased It's so per cent owner
ship Of Escambia Chemical
Corp. TO full ownership at q
cost OF S2l million. II also ac-
qulred within the last year the
Lindsey Lumber Co.
George q. Walker, president
Of Bond q Share. said at the
annual meeting that the pro-
posed agreement for sale OF
American a. Foreign Power
Co.'S properties 10 the Brazilian
government "is advantageous
both 10 Brazil and 10 Foreign
Power.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
General Tire Reports
Record Earnings

AKRON, Ohio (AP) Rec
ord first-half consolidated net
sales and earnings were re-
ported by the General Tire &
Rubber Co. for the first six
months Of fiscal 1868, ended
May 81.
The company reported sales
totaled $476,186.707, an in
crease of 10 per cent over the
1892, Isl, 400 for the comparable
period of fiscal 1862.
Estimated net earnings were
reported at $14,504,653. OF 81
cents per share, compared with
$11,720.l64, equal to SO cents q
share, for the first half Of 1862
AN increase Of about "a per
cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28

Directors Of the Chesapeake
& Potomac Telephone Co. Of
Washington yesterday approved
expenditure Of an additional
$9.7 million for expansion and
improvements, largest single
appropriation in the company's
history.
j. Hillman Zahn, vice presi-
dent in charge of the Washing
ton company. said approx
mately half Of the big appro-
priatation, or around $4.860.'
900, would provide for the ad.
dition Of five floors to thu
company's present two-story
building at 2055 L street NV
The additional space will bt
used to consolidate office per.
sonnet now in various locations
he said.
The record outlay also Will
provide equipment in the Ana.
costa dial center which viii
connect with two new dial CEN
tiers in Lanham and Temple
Hills, Md. The remainder Of the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
FNMA Mortgage ResaIes Set Record
As Savings Hunt for Investment Outlet
ST Billion Sales
Indicated by End
Of Fiscal Year
BY DONALD b. HADLEY
star Financial Editor

The pressure of savings funds
seeking an investment outlet
has increased mortgage resales
Of Federal National Mortgage
Association to an all time
record Of more than 81 billion
in he fiscal year ending June 30.
With only six days remaining
to be reported for the period,
President j. Stanley Baugh-
man today announced that
FNMA resold 87,438 mortgages
valued at $1,070, 100000 far
more than in any previous year
in the associations rs year
history.
The incomplete total for the
1868 fiscal year is almost double
the next largest sales volume
Of 1854 when 66,86o mortgages
valued at $575 million were re-
sold to private investors.
Mr.. Baughman said FNMA's
resales Of FMA-insured and
VA-guaranteed mortgages have
risen sharply because banks.
insurance companies and saw
ings and loan associations have
sought investments for the
larger accumulations Of saw
ings funds in their hands.
Washington area institutions
have been active buyers over
the last six months, especially
savings and loan associations,
it is understood.
Mr.. Baughman pointed out
also that FNMA has been
turned to as q source Of we'll
seasoned, Government = backed
mortgages covering properties
across the country in 40 States.
the District of Columbia, Guam,
Puerto Rico and the Virgin
Islands. FNMA's purchases
during the last year have in
cluded 29,091 m ortgage
amounting to $378 million.
Among the FNMA mortgage
resales for 1868 were 5000
mortgages from secondary
mortgage operations totaling
$777, 400, 900. Special assistant
functions accounted for 20.344
mortgages totaling $279.6 mil
lion, while management and
liquidating functions accounted
for 2,014 mortgages amounting
to $13.4' million.
Under much different mar
ket conditions in fiscal 1852,
mortgage purchases by FNMA
predominated and resales TO
private investors included only
34,899 mortgages valued at
$396.8 million. t-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28

trust for employees and a major
medical plan have all been pro-
vided for employees.
In Its continued efforts TO
keep pace with latest TECH
niques, the company is giving
much attention TO mechanical
and automated equipment,
Chairman Stott pointed out.
Expansion OF the furniture
department. addition Of a
school department and issuance
OF q general catalog have been
among the postwar changes.
Conceding that Stott's has
shared In the growth Of wash
ington Metropolitan Area,
Chairman Stott ascribes ia
success also to careful planning
and organization. an above
average employe relations pro-
gram and capital adequate tc
take advantage Of opportuni-
ties.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
Inland Steel Pushes
Expansion Proqrum

CHICAGO (AP) - Inland
Steel Co. directors have APP
proved the second phase Of an
expansion program that will
include the company's first
oxygen steelmaking furnaces
and new primary rolling mills
Work will start Immediately
on the program with compile
ton set for late 1865, after
which some Of the company's
Oldest facilities will be dis
carded, John F. Smith, jr.,
president. said.
Besides steelmaking and roll
Ing facilities at the company's
basic steel mill. the Indiana
Harbor Works in East Chicago
Ind. the program calls for al
ditions to pig-iron production
and to the mining and process
sing Of iron ore in the Lake
Superior region.
Personnel assignments to the
new units at Indiana Harbor
will be made from existing
plant forces. Mr.. Smith said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
Addition to Ring
BuiIdino Financed

A SIS, 100000 loan has been
granted on the Ring Building
at 1882 M street NV. to fl
nance construction Of an eight
story addition and three addi-
tionai floors on the existing
structure,l it was disclosed to-
day.
The increased fee and lease
hold loan was made by Equit-
able Life Assurance Society Of
the United States and will run
for 81 years, with interest and
amortization to be paid quar-
terly, said Stanley 8. CARRIER.
Washington divisional mana
ger for the society.
Tenants of the building in
clude Aluminium Co. Of Amer
lea, Westinghouse Airbrake,
Goodyear Tire, Universal
CIT, American Security &
Trust and others.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
Phone ComponyPIons
$97 Million Expansion

appropriation will go for small
er projects during the third
quarter of this year.
The Washington company
had net income Of $3.50, 900
in IL months ended May 81.
compared with $e,854.000 in the
preceding IL months, the
monthly report showed. Net for
May dropped to $4S5 900. COM
pared with $720, 900 in May last
year.
Plant in service was valued
at $219,550,000 on May 81, ur
$14,917,000 from 500. 633, 900 9
year ago. Telephones in serv-
ice aggregated SOL, 692. COM
pared with 664,1s7 on the like
1862 date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
COSTS FICTITIOUS
Military Acts to Cut
Its Surplus Property

siles. atomic and space weapons
has already reduced our fleet
to less than one-twelth the
World War II fleet Of 10000
vessels. Manufacturing and re-
pair costs in Navy yards are
20 to 80 per cent higher than
In private shipyards.
These costs are being high
lighted in Congress where the
Navy is fighting an appropria-
ton proviso to give IS per cent
of its repair work to private
shipyards. To keep its Navy
yards partly open and in spite
of higher costs, the Navy has
been insisting on building 80
per cent Of It's new warships,
nearly all OF its conversion and
most Of It's repair work.
Costs Much Higher
A $4,000 auditing survey by
the Navy showed the much
higher costs in Navy yards.
This report was withheld for
six months by the Navy until
the Moss investigating COM
mittee forced its release. A SINH
lar survey by private industry
showed the same results but
cost only $4,000.
The Navy has put the value
of its IL mammoth yards at
around SO billion" However,
1t was discovered this estimate
included only the original
value Of the land, most Of which
was purchased before the War
of 1912. More realistic estimates
now place the present day value
between IS and Sc billion. The
value Of all private shipyards.
including the boat building In
dustry, is $722 million.
Representative Mahon, DEM
ocrat of Texas, chairman of the
fiscal group handling Navy
funds calls upon the Navy Ito
abide by the distribution of
funds on q 1895 basis" His
colleague. Representative Ford,
Republican Of Michigan says,
THE objective cost review
clearly demonstrates Federal
taxes could be saved by shift
ing Navy shipwork to private
yards"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
$3.5 Million Loans
Placed on Apartments

Bogley. Harting & Hight,
Inc. mortgage bankers. today
announced placement of loans
totaling more than $3.5 million
covering two projects being
constructed by Robert Koch
and Daniel Kehoe.
The commitments cover the
Wilson Bridge apartments on
Indian Head highway and the
Holly Hill apartments on Penn
sylvania avenue extended, both
in Prince Georges County.
The loans were obtained
through National Life Insur-
ance Co., Northwestern Mutual
Life Insurance Co.. and Sun
Life Assurance Co., for which
the Bogley firm is local cor
respondent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
Stott's Completing 18th Year

Charles Stott a. Co., WASH
ington office supply firm which
completed rs years Of opera
tons this year. has achieved a
record annual volume OF 81
million.
This was disclosed by Board
Chairman Charles A. Stott al
the company's recent annual
dinner.
The company's extensive OPP
erations through five stores. q
subsidiary and two warehouses
now contrast sharply with the
company's small beginnings al
3i8 Eighth street NV, In
1888.
Charles @. Stott, the COM
pany's founder and father oil
the present board chairman
had very little capital and only
one or two employees. The firm
now has 1853 employees, includ-
ing 40 statesmen.
His family. which arrived In
the National Capital in 1902
had been in retailing before.
Charles Stott. the father Of
Charles q. operated q drug
store on Pennsylvania avenue
near Fifth street NV. where
the Apex Building is located
now.
From the first location or
Eighth street Charles O. Stott
later moved his growing firm
to 300 Ninth street NV, ant
then to 1910 New York avenue
It's present location. At that
time the business was incorpo.
rated.
World War brought mate.
rial shortages and a sharp In.
crease in business. chairman
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28

Georgia Railway Co., control
Of which passed recently to the
Southern Railway.
D. w. Brosnan, president Of
Southern Railway. was named
a director and board chairman.
E. M. Tolleson, executive vice
president Of the Southern, also
was added to the board and
to the Executive Committee.
Harrell L. Perkins, vice preSi-
dent, industrial development for
the Southern at Atlanta, was
named a director.
w. r. Divine, controller Of
Southern Railway. was elected
controller Of the Central to
succeed w. P. Haynes. who will
retire. Robert H. Smith, South
ern's treasurer, was named
treasurer Of the Central.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
VEPCO Earnings Hold
Well Above Yeor AGO

Virginia. Electric a. Power
Co. had net income of $39, 249,-
900 or $1.58 a share in the IL
months ended May 81, COM
pared with $35, 945, 900 or $l.4S
a share in the preceding IL
months, the company reported
yesterday.
Revenues in the IL months
aggregated $lo0,00e,000. COM
pared with $l7o,31 900 in the
previous period. May net in
come was $2.Sl6,000. compared
with $2,742.000 in May last
year. May revenues totaled
$l6,237 900 vs.. $14,56l, 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
Rock Island 4. 4:
Merger Fought

CHICAGO (AP) The chair
man Of the Chicago g. North
Western Railway said today
that he will fight the proposed
merger of the Rock Island
Lines and the Union Pacific
Railroad.
Boards Of the Rock Island
and Union Pacific approved d
merger plan yesterday for con-
solidation into a l6,000-mile
Chicago-to-west Coast system
including a track network in
much Of the area north of CALI
fornia and west of the Mis-
sissippi River. |
The Rock Islands $500 miles
of trackage west and south Of
Kansas City, including a MAIN
line to Tucumcari, N. Mex,
would go to the Southern Pa
cific.
In accepting the U. P.'s offer
OF lib share Of common stock
for each share Of Rock Island
common, the Rock Island
board rejected a North West
ern merger offer. !
The North Western proposed
to pay Rock Island stockholders
one $50 par s per cent collat1
eral trust 5o-year income bond.
.277S share Of North Western
common and IS cash for each
share.
Ben w. Heineman, North
Western chairman. said he will
seek to block the Rock Island
Union Pacific deal before the
Interstate Commerce Commits
sion and by going directly to
Rock Island stockholders.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28

lStott recalled in his review Of
company growth. Merchandise
lines changed drastically and
many drivers Of company
horses and wagons resigned
rather than risk driving the
new trucks.
The l920's brought profitless
prosperity and severe compete
ton. Then the depression
brought q drop in business and
losses. The company kept all
employees but reduced salaries.
Upon the death Of founder
Charles q. Stott IN 1914,
Charles A. Stott assumed man.
agement OF the business and
has led the firm through It's
period Of greatest growth.
After World War II sales
tripled between i946 and 1857.
A Silver Spring store was added
In l948 and an Alexandria store
In 1850. A new warehouse was
opened in 1888 and another in
1919.
In addition TO these and the
unit at 1910 New York avenue
NV, stores are operated at
1915 X street NV. and l7l3
street NV. Warehouses are at
1885 Fifth street NV, and 800
Rhode Island avenue NV. The
Rockville Stationery. Inc, Is a
subsidiary at Rockville, Md.
The company keeps 10 delivery
trucks busy.
OF the company's 1853 en-
ployes, 10 have served more
than rs years and II more
than 20 years. Treasurer B.
Frank Reppert heads the list
with 80 years Of service. A re-
tirement plan, a hofit-sharinU
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
SaksAcquires
Pasternak

Saks, Inc, which operates q
women's speciality store at SIC
Twelfth street NV, has pur-
chased Pasternak Apparel. Inc.
of 1919 Connecticut avenue
NV, it was announced today
by Jerome Saks, board chair
man of SakS.
The Connecticut avenue
store will be operated as SAX:
Connecticut Avenue.Pasternak
The other store will be known
as Saks Twelfth Street.
Acquisition Of Paternak's fol
an undisclosed price Is the first
step In his firms program for
Washington area expansion
Mr.. Saks said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
RetuiI Sales
Increase so

The Commerce Department
estimated that retail sales
amounted to SAT- billion in the
week ended June %, an in
crease Of 5 per cent over the
corresponding week last year.
Sales Of durable goods totaled
$1.64 billion and nondurables
$3.13 billion.
Total volume declined 3 per
cent from the previous week,
when sales aggregated almost
$4.93 billion. For the last tour
weeks. sales have been 5 per
cent ahead Of the comparable
1862 period.
The weekly decline primarily
was In the nondurable goods
sector.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
D. c. CIe0rings Log
Slightly Behind 1862

washington bank clearings
In June Jagged o.8 per cent
behind q year ago, but for the
first half Of the year remained
81 per cent ahead. william
Cradlin. clearing house man
ager. reported.
June clearings totaled $685.
$50. 735 vs.. S744,l4e,589 In June
last year. Six months clear
lngs amounted TO $4,524, 958, /.
s64 VS.. $4.3s2.s6e.o10 a year
ago.
Clearings are regarded as an
excellent barometer Of general
business activity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28

of D. j. Kaufman, Inc; Jack
j. Blank, president Of Jack j
Blank Pontiac; Peter c. Kalav-
ritinos, president Of Republic
Savings & Loan Association,
and Jack Pry, auto dealer. Rus
sell D. Miller is attorney for
the new bank.
The new institution is ex-
pected to open by the middle
or latter part Of July in q
building now under construc-
ton. 1t will start with total
capitalization Of So million SUBJ
scribed to by more than SOC
stockholders, mostly residents
Of the Washington area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
Directors Elected
By Public National

Stockholders Of the new Pub
lie National Bank which is ex-
pected to open at 1880 X street
NV. next month. yesterday
elected directors. II was an
nounced by Walter Ogus. chair
man Of the organizing commit
tee.
In addition to Mr.. Ogus, d.
rectors include william M.
O'Neill. who will serve as the
banks president; Sol 8. Snider,
president Of Snider Bros; Allan
Baer, partner Of the CPA
firm Of Verkouteren, Baer q
Co.; Oscar I. Dodek. president
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
Grand Union Plans
Large Lonhom Unit

Grand Union Co. has signed
a lease for a 16,25o-square-
foot Supermarket to be con-
structed in the Chestnut Hills
Shopping Center near Lanham
Md.
Located at Baltimore avenue
and Montgomery road, the new
unit is scheduled to open early
in 1854. Chestnut Hills Shop
ping Center, Inc, Of Lanham
is landlord Of the property.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-28
National Steel Gets
$37 Million Contract

A contract for construction
Of three cargo ships was signed
yesterday by National Steel &
Shipbuilding Co. Of San Diego
Calf. The total cost will be
$37. 1877 900.
The ships are for American
President Lines. Ltd. Of San
Francisco. which will use them
on Pacific routes. Each shir
will have a carrying capacity
Of about l2.400 tons and a tor
speed Of 20.4 knots.