davidaulloa/AmericanStories huggingface dataset:
Evening star., 1957-12-10

market. 1t explains their Bit
terneH. befuddlement. often
panic.
Mergers Continue
The wave Of mergers and
consultations which has been
sweeping the country since the
early sos is without parallel in
American history and it con-
tinues unabated. Every day
dozens Of new mergers are an
nounced between corporations.
every day the trend toward big
ness In business is accentuated.
: And when two companies
merge, many executive jobs
particularly in sales and finance
are duplicated. Many men
who had been bosses in a small
company are downgraded In a
big one.
About one out of five OF our
calls now are from executives
out of Jobs because OF mergers. "
estimates Ann Hoff. partner in
the New York MANAGEMENT
placement firm of Ho1, Canny.
Bowen 81 Associates. "A few
years ago. the number wasn't
more than one out OF 25."
And what happens 10 the
executive who can't relocate? +?
II he can swing it, he tries his
own business and hopefully
succeeds. Or--it's panic and
heartbreak.
The economic story of cor
poration mergers often has
been told. Behind 1t lies this
story Of what it means TO the
human beings involved.
Distributed, lab5, by The Hall syndi-
cate. Inc Al Rights Reserved
Evening star., 1957-12-10
industrial Bank
Increases Annual
Dividend to 10 Pct.

Directors Of the Industrial
Bank OF Washington have in
creased the banks annual cash
dividend TO 10 per cent from 8
per cent a year ago. President
B. Doyle Mitchell announced
today.
The latest dividend will be
paid January %. 1858. TO stock
holders OF record December 81.
Directors also authorized the
usual Christmas bonus for off,
GERS and employees. based on
individual salaries and length
OF service.
The banks Christmas party
for employees. officers and di-
rectors will be held at the
Presidential Arms on Deem
Der 81. Mr.. Mitchell said.
Evening star., 1957-12-10
Premium Tax Collections
Show Decline In Year

Despite the steady increase in
collections, there was a signifi-
cant decrease in premium taxes
in the fiscal year Just ended,
Mr.. Jordan declared.
Prior to the calendar year
1856. insurance companies have
showed a substantial increase
each year in the amount of
premiums collected from resi-
dents OF the District Of Column
bia. These premiums are taxed
at the rate OF , per cent per
annum and the tax is collected
by the department OF insur-
ance." he added.
Although the same companies
showed a Nation wide increase
in business. their business in
the District declined and tax
collections on it decreased $l6.-
TAT. he reported.
The department issue d
around 10000 licenses to in
surance companies and their
representatives. including IN
surance bro srs. during the fis-
Gel year. Many applications
were denied when the depart
ment ruled they failed to meet
standards.
Evening star., 1957-12-10
Missile Stocks Reviewed
BY Myrtle Brinckman

Myrtle Brickman. Washing
ton registered representative for
Rudd. Brod Il Co. has compiled
an interesting review of missile
stocks.
Investors have a wide choice
in this field, she advises. Two
out of three companies which
figure in the missile program
also produce manned aircraft.
Government spending on
missiles next year probably will
rise at least so per cent above
the 1857 outlay OF around So
billion she estimates.
Evening star., 1957-12-10
Treasury el-Doy Bills
Sold ct 1891 % Rute

The Governments cost of re-
financing its short-term debt
dropped for the second straight
week yesterday and-for only
the third time this year-the
interest rate fell under 3 per
cent.
The Treasury said that, an
issue of 9l-day bills totaling
81 .802. $4,000 was sold at an
annual average interest rate Of
1891 per cent.
The bill rate is considered
the bellwether OF the money
market.
Evening star., 1957-12-10
FOREIGN EXCH'GE

NEW YORK. Dec 10 Up -F0reign
exchange rates, Great Britain in dol
lars. others Ia cents unchanged un-
less otherwise noted
Canadian dollar in New YORK open
market 3 per cent premium or iu3
U. s cents, on If32
Europe Great Britain fpoundl
Sc b0as of 3/32. 30-day futures . so
OF a. 6p-day futures . 10 gJ32. oil
\. aO-eay futures 27s.. OF n;
Belgium franc . O0s France ffrancl
e3's Of q cent Germany tWesteTnl
ideutEche mark % so Holland
tguildeTi 20 80, italy iiirai lBis OF
3 cent Portugal teseudot 3 3.5O: Sweden
tkronhl ia 81 Switzerland tlFanc }
dreei 233 Denmark tkronel II 80.
Latin America Argentina free
= 80, up .Ol Brazil ffreei / 90. OF
1l Mexico sol; Venezuela iboiiyaTl
90 nr
Evening star., 1957-12-10
Polytronic Research. Inc.
Votes stock Dividend

Directors of Polytronic Re-
search. Inc. have declared a
stock dividend of 10 per cent,
President Thomas L. Thomas
announced.
The dividend VIII be paid
February II to stockholders of
record January 80.
President Thomas said the
Maryland firm has started NOV
ing equipment from locations
in Kensington. Silver Spring
and on Wisconsin avenue to a
new plant in Rockville.
Founded two years ago. the
cloSely-held company manufac-
Evening star., 1957-12-10
Seab0ard Finance Lists
Earnings Gain In 81


The Seaboard Finance Co,
which has four offices IN the
Washington area. disclosed to-
day it had modest earnings
gains IN the year ended Sep
tember 30.
Chairman w. A. Thompson
and President Paul A. Appleby
said consolidated net income
tota,ed S6,827,i74 against S6.-
539,25l for the prior year, in
the annual report to sharehold-
ers.
After providing for preferred
dividends. earnings eQualed
81 4l a share on the 4.298 asa
shares OF common stock out
standing at September 30 last !"
said the report This compares
with Sl.36 a share on the 4.274.-
452 shares outstanding a year
earlier"
Seaboard extended $344 493.-
603 in credit during the year
against s349.356.443 in 1886.
the report said.
Evening star., 1957-12-10
SnOwed-Ou Discussion
Scheduled Tomorrow

Washington Chapter. Ma
tional Association of Account
ants. will hold its postponed
technical meeting at the
Chcsspeake d. Potomac Tele-
phone Co. Building. $50 H
streets NV. tomorrow night.
Originally scheduled for De-
cember 4. snow forced post
ponement.
Evening star., 1957-12-10
ID. c. Bankers Auditors
To Hear COding Discussion

The Auditors Section. Dis
triet Bankers Association. will
hear a panel discussion on
Bank Coding" at 6 pm. Thurs
day in the Burlington Hotel.
Pansl m mbers are Charles
F. Dortzbach, vice president
and cashier. The Old Dominion
Bank. William II. Ford. assist
ant treasurer. The National
Bank Of Washington.
Evening star., 1957-12-10
Safeway VIII Open
New Arlington Store

At 9 am. Thursday. tn e
twelfth store in Sideways 1857
expansion program in h e
WASHINGTON area will open at
5l00 Wilson boulevard. Arling-
ton. Va. Jesse NJ. Seay. former
manager Of the Safeway store
at .805 Franklin street. Alexan-
dria. will be the new stores
manager.
Evening star., 1957-12-10
Gimbel Is Honored

NEW YORK. Dec. 10 Up
Bernard F. Gimbel. chairman
of the board of Gimbel Broth
ers. Inc. has been chosen as
the 1857 winner OF the Tobe
Award as retailer of the year"
Evening star., 1957-12-10
8. G.. House TO Help Pick
Public Relations Winners

Stanley G House. partner
House and Gerstin Agency. has
been named co-chairman of the
Judges and Awards Commit
tee of the American Public Re-
lations Association This was
announced BY Chairman H.
Walton Cloke.
Evening star., 1957-12-10
Gichner Iron Employees
To Get Christ mas BOnuSe.

The Fred S. Gichner Iron
Works. Inc. 1914 Twenty
fourth street NV. will extend
Christmas bonuses TO its en-
ployes this year. All employees
at the WASHINGTON and Belts
vile. Md. plants will benefit.
officials said
They pointed out the COM
pany has followed the Christ
mas bonus policy since its
founding here in 1898.
Evening star., 1957-12-10
Peoples Drug Volume
3 Pet. Above 1857

Peoples Drug Volume
3 Pet. Above 1857
Sales of Peoples Drug Stores.
Inc. amounted to $59,4l6,567
in the first IL months of this
year. an increase OF 8 per cent
from $54,520. .236 in the same
1856 period. Treasurer H. j.
Althouse reported today,
November sales totaled
$5.727.l39. a gain of 8.5 per
cent from $5.278,28l in Novem-
Der last year.
The company operated ITO
stores in November. compared
with l6l in the same 1856
month,
Evening star., 1957-12-10


in the District have more than
doubled in 10 wears and now
approximate $500 million. he
dc clared.
Primary purpose Of the de-
ps rtment is to protect the pub
lie against unsound or fraud
ulent insurance practices. but
the department contributed a
met profit" of more than S2.-
25o.0o0 to the District Golfers
IN the last fiscal year. Mr., Jor-
dan reported. Collections from
taxes. fees and penalties
amounted to $2.523.426.
Evening star., 1957-12-10
MUTUAL FUNDS

NEW YORK. Dec l0 ~ National
AsSocia non Securities Dealers. Inc
Man 0aatailnnsl
Evening star., 1957-12-10
'3s'' ~ BUSINESS
D. c. Insurance in Force
Now Tops S. Billion
BY DONALD B. HADLEY

More than So billion If life insurance is in force in the Dis
rict of Columbia and residents here pay than $00 mil
lion annually IN premiums
This disclosed today the annual report of Albert f.
Jordan superintendent OF the District Department
Mr. Jordan said the District has larger total of
in force than Of 10 States.
Assets of companies chartered lures eectronc devices large
in the District have than part of which 90
Evening star., 1957-12-10

lures electronic devices. a larg
part Of which go to the Gov
ernment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
Teunis Again Heads
District Optometrists

DR.. Robert H. Teunis has been
named to serve a second term
as president Of the District OPP
tometric Association.
Other officers elected are: Drs
David M. Dantzic. John K. Shell
ton. jr., and Frederick L. Camp
bell. vice presidents; DR.. Sidney
Feldman, secretary; DR.. w. Earl
Leese. treasurer. and DR.. William
Perau and DR.. Robert A. Kras-
din, trustees.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02

and man in contempt Of uni
versal conscience"
The worst Of the massacres
took place late Tuesday and early
Wednesday in the village of
Melpuza southeast Of Algiers.
There a band of rebels tried to
slaughter every male over is in
"a small mountain village. At
least 302 Moslems died in the
slaughter - some shot, some
knitted, some dubbed, some
hacked to death with axes.
Near Saida and Orleansville in
Western Algeria. SO were slaugh-
tered similarly and 20 more were
left bleeding and torn from knife
cuts and beatings.
NatiOnalists Confused
Arab nationalist throughout
the rest Of North Africa-usuaIly
quick to unite in condemnine
French "colonialism"-were con-
fused. In Morocco. the rabid
nationalist "Istiqlal" party said
the massacre was the work Of the
Liberation Front acting against
traitors" But the Democratic
Independence Party claimed the
massacre was the work Of the
French.
In TunisiA. where Algerian
nationalist have a headquarters
nationalist leaders also charged
the massacre was the work of
French soldiers. French head
quarters in Algiers dismissed the
rebel charges with an angry
statement that the facts of the
case showed irrefutably that the
massacre was q premeditated
rebel action.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
Stevenson Urges
u. S. H-Bomb Bon

LISBON. June I R.--Adlai E
Stevenson arrived tonight by
plane from London on his way
to South Africa and the Middle
East.
He told reporters the recent
anti-American rioting on For
mosa was due to the long pres
Ience of United States troops
there.
Asked whether he would run
again for the presidency. Mr..
Stevenson said: Twice was
enough"
Before leaving London, Mr..
stevenson said the United States
should do something about STOP
ping development Of the H
bomb.
Il did not presume to make
any statements while I was here
about the British H-bomb tests
in Christmas Island and GER
tainly did not ask Mr.. prime
Minister Harold Macmillan to
call them or" Mr.. Stevenson
said just before departing fol-
Lisbon. Il did feel that my
Government should take the lead
in doing something toward stop
ping the development of thi:
dreadful weapon"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
Ten Accused of Plot
On Franco Face TrioI

manifestos attributed to Sup
posed military juntas Of patriotic
action" 1t said they were printed
in Paris and introduced into
Spain with the help Of Satruste-
gui.
Lopez Aparicio recently was
appointed Councillor Minister tc
Spain by the Spanish Republican
Government in exile, the COM
mique said. 1t further charged:
Lopez Aparicio, Menchaca and
Herrera Oria met in Paris last
August with Felix Gordon Ordas
and other Republican leaders on
Ia Joint action" to overthrow
the Spanish regime.
The other six held meetings
and maintained relations with
Republican organizations abroad
in an effort to organize elements
in Spain against the regime.
Tierno Galvan, professor OF
political law at Salamanca Uni
versity. took part in public acts
in Madrid in favor of the Red
cause" during the Spanish Civil
War. He was major in the Re-
publican forces.
Ridruejo is one Of the founders
of the falange, the only legal
party in Spain.
The communique did not say
when the trial will be held.
The government announced
last Tuesday the arrest Of Her.
rera Oria, Lopez Aparicio and
Menchaca. but had not disclosed
the arrest Of the other seven
However, 1t had previously beer
reported that Tierno Galvan
Satrustegui and 10 others had
been arrested also.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
Tulk on White House

Miss Bess Furman, Washing
ton representative Of the New
York Times. will speak at the
annual dinner meeting Of the
District Of Columbia Library As
ISOLATION at $50 pm. Wednes-
day in the Oficers Club. TT. Les
lie ]. McNair. Her subject will
be white House Profiles-a So
|ciaf entry Of the White House,
its occupants and its festivities. /"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
French Demand Action
After Massacre of 338

PARIS. June / R.-Two
bloody massacres that left $50
Moslems dead in North Africa
brought angry cries for action
today from Frenchmen of all
political hues.
The massacres-perpetrated
by Algerian nationalists against
rival factions-dominated politi-
cal thinking as France sought q
premier to end the government
crisis mainly brought on by the
30-month-old Algerian insurrec-
ton and its cost.
The respected independent
newspaper LIE Monde said I'VE
can no longer content ourselves
with words acts must de-
monstrate without equivocation
the unanimous determination OF
our country"
Failing that, said the editorial
France must seek a compromise
which would recognize Algerian
pleas for independence yet still
embody the protection OF
Frenchmen and Moslems in Al
geria.
Barbarism Condemned
From right to left-with the
exception of the Communists
the French papers condemned
the rebel National Liberation
Front for barbarism in Algeria
Almost unanimously the papers
hailed last nights appeal BY
President Rene Coty for all civil.
lized peoples to refuse to lister
to propaganda from killers and
agents of this horrible terrorism
which tramples all laws of God
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
THAT'S NO TUMBLE
or LETTERS, IT'S
IA BABY'S NAME

RIO DE JANEIRO, Bra
I'll (R.-Judge Ernesto Jen-
carelli ordered the registrar
of births to put this name
down in his records:
Nhyklykrs Wharnes Soures
Blel.
The registrar had refused
to enter it for q child born
to parents living with In
dams in central Brazil. He
said it wasn't a name, Just
q mess Of letters.
The parents appealed to
the courts, saying it was an
Indian name. The judge
ruled parents can call their
children anything they
want to.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02

MADRID. Spain. June / tP1.-
Ten Liberals and Monarchists
recently arrested will be tried on
charges Of carrying on relations
with Republican leaders abroad
for the purpose Of overthrowing
Gen. Francisco Frances regime,
the government announced to-
day.
The director general of security
said in a communique that those
arrested were Antonio Menchaca
Y Careaga. Dionisio Ridruejo
Jimenez, Javier Satrustegui Pet
itmeurville. Valentin Lopez Apa-
ricio. Francisco Herrera Oria,
Fermin Solana Prellezo, Raul
Morodo Leoncio, German Argu-
mosa Valdes. Victor Pradera
Cortazo and Enrique Tierno Gal
van.
The communique said Men,
chaca admitted he wrote several
clandestine publications and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
.SovietConsu|ate
In Mukden Shut

HONG KONG, June 2 (Sun-
day. B.-The Soviet Union has
closed its consulate general in
the Manchurian city of Muk-
den tShenyang). Peiping radio
said today.
Peiping radio said the Soviet
consulate in the headquarters
city for Red China's heavy in
dustry in Manchuria had com
Ipleted its task in China"
The governor of Mukden's
Liaoning Province and other Of
ficials were invited to a dinner
given by the Soviet Consul Gen.
eral and expressed thanks to
him for the consulate generals
contribution to China in the past
eight years." the broadcast said
Peiping's explanation for the
lclosing Of the consulate general
left some questions unanswered
Foreign nations always main
tanned consulates in Mukden be-
fore the Communist conquest Of
China because it was one of the
most important trading centers
in all Northeast China.
Red China and the Soviet
Union maintain a brisk trade
1t would appear the Russians
still need a consulate in Mukden
which lies on one of the two
main railway lines linking China
and the Soviet Union. The
other is a new line through
Outer Mongolia.
Specialists in Chinese affair.
in this British Crown colony
thought there might be another
reason.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02

greater strength than we had
before" At the same time it has
reduced the burden Of defense on
the national economy and freed
thousands of men and women for
constructive work outside the de-
tense services. he added.
Let no one forget that only
in this way viii we be able to end
CONSUMPTION"
He estimated that the new
reliance on nuclear weapons has
reduced by 100000 the number
of persons employed in defense
work.
The Prime Minister defended
Britain's decision to relax re-
strictions on trade with Red
China.
I'VE have not done this be-
cause we love communism or the
Communist regime in China" he
said. "One Communits is as
good-or as bad-as another.
But we believe it to be sound
sense in this matter to treat
China as we and the Americans
treat Russia. That is, to deny
them strategic goods and ma
terial which could strengthen
their power to wage war--but to
limit our denial to those goods.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02

to announce within two weeks
a new date for the general elec-
ton. presently fixed for June IS
Newspapers reported a shift
of many officers from the cap.
ital to the provinces and rum
blings of a split within the army
But the new army chief, Brig.
Gen. Antonio Kebreau, con-
tended there was no real dis
unity and that troops were
acting honestly and impartially
in restoring peace and support
ing the government.
DejOie Campaigns Again
Mr.. Fignole's chief opponent
among the 10 presidential can
didates, ex-senator Louis Dejoie
resumed campaigning. He dis
claimed any intention of trying
to Dust Mr.. Fignole from the
provisional presidency. But he
said Mr.. Fignole should quit that
post to pursue legally his an
nounced intention to win the
six-year presidential term in the
election.
United States Ambassador
Gerald A. Drew maintained an
around the-clock watch ON DO
litical Developments. But there
was nothing to indicate the
United States would be in q
hurry to recognize the provi-
sional regime.
Mr.. Fignole is the third man
to hold the provisional presi-
dency since Gen. Malgorie left
office. Mr.. Fignole took ONCE
last Sunday after q violent up
heaval which almost developed
into civil war.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
Mrs. Harris Chosen

Mrs. Dorothy w. Harris, Of
Eliot Junior High School, has
been elected president Of the
District Junior High School
Classroom Teachers Association.
She succeeds Mrs. Virginia
Cochran Of Deal Junior High
School.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
Cuban Troops
Kill 3 Rebels il,
Fight

HAVANA, Cuba, June / (R.-
The Cuban army today launched
Ia big drive on the rebels of East
|ern Cuba and killed nine in a
mountain battle, a communique
ANNOUNCED.
Gen. Francisco Tabernilla,
armed forces chief of staff, as
serted at a news conference the
operation already was nearing
its end"
Gen. Tabernilla did not elabo-
rate expect to say that the army,
navy and air force were CO.
operating in the drive against
rebels led by Fidel Castro, former
University Of Havana student
leader.
The communique said the
government forces now were
pursuing the rebels after Selling
arms, ammunition, a portable
radio and important documents.
The battle in the Sierra Macs
ira, a range extending along the
coast, was in the same general
area where rebels struck an army
outpost near Ubero Tuesday, kill
ing IL soldiers and wounding 10.
The communique said four
rebels were wounded in today's
engagement. It made no mention
OF Cuban army casualties.
The government began remov-
ing rural families from the coun-
try north Of the Sierra Mestra
to get them out of the way of
military engagements.
In the rugged mountains are
Castro and about 100 followers
who have tried to keep the gov
eminent OF balance since land
ing on the South coast from Yu-
catan, Mexico. last December 2.
They seek to overthrow President
Fulgencio Batista's regime.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-02
LOST


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