davidaulloa/AmericanStories huggingface dataset:
Evening star., 1959-11-12
SEC Order SuSpends
Ballard Stock Filing

The Securities and Exchange
Commission today announced
a decision suspending effective
ness o ia registration statement
filed by Ballard Aaircraft Corp
of Washington covering pro-
posed public offering Of 100000
shares of 81 par value COM
mon stock at a price Of 1925
a share.
The SEC ruled the registra-
ton statement was materially
misleading and included untrue
statements of material facts
and omitted required material
information"
The prospectus for the issue
stated Its purpose was to Sc
cure funds for development and
production of single-place
coayial helicopter called the
"Heppi-C -Copter."
The commission found rep
RESERVATIONS inaccurate and
misleading" particularly in
Evening star., 1959-11-12
YOUR
MONEYS WORTH
Save on Toxes-W
BY SYLVIA PORTER

Millions of Americans took
gains or losses on their stocks
this year-and these taxepayers
are now up against vital tax
factors.
Although many brokerage
firms try to explain these tax
angles to investors at this sea-
son, there unquestionably is a
vast area of misunderstanding
Here is a short, simple guide
which I've worked out with the
aid Of Leon Gold OF the Re-
search Institute Of America.
First, the basic rules:
II in 1859 you have sold a
stock you owned more than
six months at a profit, you have
a long-term capital gain.
This gain will be taxed at
no more than a rate of rs per
cent. You cut your gain in half
before applying your regular
tax rate and the law says that
this half can't be taxed at more
than so per cent.
If in 1859 you have sold a
stock you held six months or
less at a profit, you have a
short-term capital gain.
This gain is fully taxable at
the regular rates which apply
to your ordinary income.
If in 1859 you have sold a
stock at a loss, it doesn't mat
ter how long you held it.
Method explained
The amount of your short or
long-term loss can be used to
Offset any capital gains and up
to $1,000 of your ordinary in
come in 1859. And you can
carry forward" losses above
$1,000 to Offset any gains and
up to 81, 900 of ordinary income
a year through 1864. Now:
Have you taken only short
term gains in 1859?
Then it would be to your tax
Evening star., 1959-11-12

advantage to take any losses
which you may now have on
paper. These losses will offset
your gains. save you taxes at
the rate applying to your
ordinary income.
Have you taken only long
term gains in 1859?
Then 1t will be to your tax
advantage to avoid taking any
losses In. these weeks. For the
pitfall is that you must apply
such losses before making the SO
per cent reduction in your cap
ital gains-meaning your losses
get only so per cent recognition.
From a tax viewpoint, 1t would
be sound to let your long-term
gains stand, postpone losses to
1860 or later.
Have you taken both long and
Short-term gains IN 1853?
Then you might avoid taking
any ongAterm losses this year
because they would be only SO
per cent effective in cutting
your taxes.
You might take short-term
losses. though, up to the amount
Of your short-term gains be-
cause they'll cut your taxes at
the full ordinary income rates
Have you taken only short
term losses in 1859?
You need do nothing more
You can use the amount of your
loss up to $1,000 to cut your
ordinary income this year and
use any excess in 1860, 1861,
1862, 1868 and 1864.
Advantage Illustrated
You might, though, want to
take some capital gains during
these weeks. In this case, your
short-term losses will be a tax
advantage.
Or you might want to add to
your losses beyond 81 900 in Or
Evening star., 1959-11-12
C&O Board Declares
Quarterly of 81 a Share

Directors OF the Chesapeake
& Ohio Railroad have author
ized the usual quarterly divi-
dend of 81 a share on common
stock. payable December 81 to
holders of record December l
This maintains the 81 an
nual dividend rate. which is
an exceedingly high yield with
the stock selling below $40 q
share.
Evening star., 1959-11-12
Peoples Drug
Opens 3Stores

Peoples Drug Stores, Inc, to-
day opened a new self-service
drug store in the Penn Maj
Shopping Center in the 770(
block of Pennsylvania avenue
extended, Prince Georges Coun-
ty, Md.
1t also announced the open
ing of similar stores in Ports
mouth, Va, and Canton, Ohio
Four more stores will be opened
in the next 30 days.
w. j. Shartzer is manager o1
the new Penn-Mar store ano
w. S. Mccormick is assistant
manager.
Evening star., 1959-11-12

Washington members OF the
underwriting group also in
cluded: Ferris g. Co., Johnston
Lemon & Co., Mackall 81 Coe
and Rouse, Brewer, Becker anc
Bryant.
Holders of the new shares
will participate in company
dividends and other privileges
Proceeds of the offering will
be adde dto corporate funds
They will be used in part to
pay for current construction
estimated at $500,000 and also
for a minimum of eight new
supermarkets which the COM
pany plans to construct in the
. next 10 months.
. The company estimates that
each new store on an average
will. require around $250,00 for
equipment and $l50,000 for
inventory.
Expansion also will require
additions to inventories and
to- transportation, Office and
warehouse equipment. These
cash requirements cannot be
exactly forecast at this time.
but the company expects to
defive from retained earnings
the additional sums necessary
to complete the above expan-
sion program.
Giant Food, Inc, until re-
Gently known as Giant Food
Shopping Center, Inc. was in
corporated in Delaware in 1885
It has grown from one retail
store in Washington in 1896
to 49 supermarkets crossing
currently an average of $780,
900 per store annually. Sales
in the last fiscal year totaled
$116,617,056.
Evening star., 1959-11-12

der to have them for use against
ordinary income In future years
Have you taken on long-term
losses in 1859?
The same tax rules governing
short-term losses apply here,
Have you taken long-term
gains and short-term losses?
Here, your tax move might
be to take short-term gains to
balance against your short
Evening star., 1959-11-12

term losses. You'll still be taxed
on your long-term gains at no
more than a rs per cent rate.
Admittedly, this is sketchy
but 1t illustrates the key mes
sage: Now is the time to act on
these tax ANGLES.
Sunday: How businessmen
can save taxes on buying equip
ment.
Distributed 1859 By the Hall Syndicate,
Inc. All Rights Reserved
Evening star., 1959-11-12
Astr0- ElectrOnics Unit
OF RCA Opens ID. G.. Office

The AStro-Electronic Prod
ucts Division of Radio Corp. of
America is opening new district
Offices this week in Washing
ton and Los Angeles to provide
additional service to- customers.
I. Tipler Blount is manager
of the Washington Office at
1925 K street NV.
Evening star., 1959-11-12
N. Y. PRODUCE

NEW YORK, Nov. II (AP) CUSDA)
e days. $4,000. Prices unchanged.
Cheese offerings moderate. Receipts
f3 days. $4,000. Prices unchanged.
wholesale egg offerings moderate
Receipts !. days. 27.300,- New York
mixed colors: extras (4S-5O lbs.l 1914
34Ia: extras medium 24-25; smails
22-23. standards large 31-32. checks
:3-24: Whites: extras (4S-5O lbs J
Browns: extras (4S-5O ibs.) 361S-
37R.
Nearby: Top quality 1880 lbs
37l2-41; mediums 26Ia -271a: smalis
22-23. Browns: Top quality (4S-50
lbs.l 37hs-3S1a; mediums 81 -; smalls
Evening star., 1959-11-12
Warner Named Chairman
Of 1860 Printing Week

H. Wayne Warner, assistant
production manager of Judd g.
Detweiler, Inc, was named
chairman for the 1860 Print
Evening star., 1959-11-12
. ''s'' RI BUSINESS
Giant Food Offering
Sells at SIG q Share
BY DONALD b. HADLEY
Star Financial Editor

First public offering of Giant Food Inc reached
market priced SIC share and heavy demand was
reported
The 100000 shares Glass non-votng common stock
were offered by group headed by Auchncoss Parker Red
path OF Washington and Kdder Peabody Co. of New York
Evening star., 1959-11-12
No ShOt-in-Arm Likely
For Lagging Housing

/ With 1860 housing activit.
expected to be down only mod
erately from high 1859 marks
the Eisenhower administration
/ is not conmeplating any shot
in-the-arm" for the industry, il
was indicated yesterday.
Don Paarlburg. special as
sistant to the President, told
the National Lumber Manu-
facturers Association at a Stat
ler- Hilton Hotel luncheon, the
administrators housing policy
follows the middle of the road
between over-indulgence and
too sharp a curtailment.
Present prospects for a small
decrease in 1860 housing starts
as a result of rising costs and
interest rates, do not indicate
any need for additional stimu-
lation, he told the lumber
manufacturers. He commented
later to newsmen that housing
seems pretty much on the
beam"
Evening star., 1959-11-12
Tea Directors Authorize
1-fOr-5 Stock Split

= @O@ 0SSS8 0kAAN
Directors Of Transportation
Corp. of America have approved
a split in company stock on the
basis Of one new share for each
five shares of Glass A and
Glass B stock of record on
January II, 1860.
The additional shares will be
distributed January 26 and in
lieu of fractional shares, stock
holders will receive the cash
value of such fractions based on
the last sale of Class A stock
on the American Stock Ex-
change January IL.
Evening star., 1959-11-12
OVER COUNTER

Washington listings on over-the-
counter markets furnished by the Ma
tional Association of Securities Dealers
as OF l pm. Thursday, November IL:
Evening star., 1959-11-12

ing Week activities in WASH
ington January 1928.
The committee plans a din
ner meeting at Hotel Conti-
mental on January 19 with
Austin Kiplinger as speaker.
Evening star., 1959-11-12

failing to disclose the lack OF
success of many repeated at
-tempts, beginning as early as
1922, to have planes embodying
the registrant's design produced
Or marketed for military OF
commercial use"
The SEC also found that
Statements with regard to in
creased payload and decreased
operating costs of the plane
to be misleading in view OF
the lack of any operational ex-
perience to support such state
ments, the disadvantages in the
design which may have caused
past rejection by potential
users, the fact that perform
ance characteristics set forth
in the prospectus were based
on specifications including the
use of an R-2800 engine, where
as the plane has never been
flown with such engines"
Evening star., 1959-11-12
FOREIGN EXCH'GE

NEW YORK. Nov. IL (AP).-Foreisn
exchange rates (Great Britain in dol
lars, others in cents and decimals Of
a cent?:
Evening star., 1959-11-12
sMUTUAL FUNDS

NEW YORK, Nov. u (AP).-NstionsI Assu
ejatian Securities Des,eIs Inc
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14
Plan Pilgrimage
To Dachau Camp

LONDON, (NC) Plans
are being made here for an
air pilgrimage 10 Dachau,
site Of the most infamous of
the nazi concentration camps
1t will start on September /.
the 10th anniversary of the
invasion of Poland by the
Germans.
Cooperating is the All
Night Vigil Group, which or
ganizes weekend flying pill
grimages from Britain to
Lourdes. The pilgrims will
take planes TO Dachau on
September l and return to
Britain the following day.
Dachau was built in 1888.
Of the $500 priests incar-
cerated there, only 300 sur
vived. Many of these tortur-
ed so severely that they still
cannot carry out their priest
~ duties. The room in which
condemned victims were kept
has been converted into a
chapel.
Capt. George B. Mcclellan,
vice president of the Ohio &
Mississippi Railroad with of
fices in Cincinnati, into the
War. Gov. Dennison appoint
ed Mcclellan Maj. General to
head Ohio forces.
Gen. Cox was the first Ohio
Governor elected following
the close Of the Civil War.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14
Priest Sets Up
Coop Housing

ALLIST0N, Ontario. NC
Father V. l.. McGivney, pas
tor of st. Paul's church. is
developed a S500,0 900 coop
erative housing development
on the outskirts of Alliston,
so miles from Toronto.
BY. borrowing $500 from
ST. Joseph's Credit Union al
Edmonton and raising another
S., 500 privately, Father Nc
Givney purcased 80 acres Of
land and launched st. Paul's
Homes, Limited.
That was 18 months ago.
Today 30 homes have been
built and another 20 are going
up Father Mckinney has ia
ken an option on more land.
Home buyers may borrow
up 10 SfJU from the cfedlt
union on character alone.
That amount serves as a down
payment on a modern six
room home, costing about
$4,000 and comparable to a
$4,000 home in metropoli-
tan Toronto. Ii costs $50 a
month TO carry interest, prin-
cipal and taxes.
Half of the coop houses
have been built with credit
union help. Others are built
by private contractors who
arranged their own financing.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14
Allow Some Mont CONS
OF Swiss Guard To Marry

VATICAN CITY, Radio. NC1 = For the first time
IN recent history, regulations for the papal Swiss
Guards allow sergeantS major to be married
The new regulations we're approved by His Holi-
ness Pope John XIII last May. and were made public
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14
Alp. Lafitte
Dies All 70:

BUENOS AIRES radio,
NC Archbishop Fermin
Lafitte of Buenes Aires. who
brought firm leadership to
the Church out of the chaos
left by the Peronist persecu-
ton, collapsed and died (Aug.
81 while offering Mass at a
nearby naval base.
The death of the prelate,
who was 10. was attributed
to a heart attack. He went TO
the Rio Santiago naval base
to celebrate Mass in his
capacity as Military Vicar Of
Argentina's armed forces.
Archbishop Lafitte took his
constitutional oath. as new
Archbishop of Buenos Aires
only last June IS. in a cere-
mony presided over by Presi-
dent Arturo Frondizi. He had
actually administered the
Buenos Aires archdiocese
with 3.247 900 Catholics one
of the largest in the world
since the spring of 1856. when
he was named by the Holy
See to take over the reins
from the then-ailing Arch
bishop. His Eminence San.
tiago Cardinal Copello.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14

tons that might be of interest
to the council.
A third letter has been sent
TO the governing congrega-
tions of the Holy See. asking
them to set up study com
missions within their own of
fices TO draw up material they
think worthy of the ecumeni-
cal councils consideration.
The preparation for the
council will be long and com
pick. At present only five
priests--under the direction
of Msgr. Pericle Felici. score
tary of the ante-preparatory
commissioners handling the
early work. The later machin-
cry of the council will be aug
mented according to the direc-
tons of His Holiness Pope
John XXHI, who first an
nounced last January his de-
cislon to convoke the council.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14

When President Lincoln is
sued his call for $4,000 troops
following the fall of Fl. Sum-
ter on Monday. April Is. 1861,
the Ohio Legislature immedi-
ately appropriated $1,000, 900
to arm and equip 10000 troops
from this state. The Council
of Cincinnati voted $780, 900
to aid in equipping the troops.
That was when the common
prediction was that the war
would be over in 80 days"
Camp Harrison was estab-
lished at the Cincinnati Trot-
ting Park, six miles north of
Cincinnati, as a camp Of in
structlon. Then Camp Denni-
son, named for 0hio's Cover
nor William Dennison, was es-
tabllshed l6 miles out on the
Little Miami R.R. and became
the great rendezvous for
Ohio in the Civil War" The
stone house of Christian VALID
schmidt. built in 1904, served
as headquarters at Camp Den
nlson and it stands today as a
historical attraction.
During the four years of the
War, Ohio soldiers were re-
cruited and trained at camps
In all parts Of the state. The
list includes; Camp Colerain.
Camp Dennison, Camp Dick
Corwine, Camp Harrison and
Camp John Mclean near Gin
cincinnati: Camp Chase and
Camp Jackson at Columbus;
Camp Massillon in Stark
County; Camp Circleville at
Clrcleville; Camp Portsmouth
and Camp Morrow at Ports
mouth: Camp Steubenville at
Steuhenville: Camp Hutchins
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14
Find CatacOmbs
Near Basilica

ROME. (NC) A series Of
perfectly preserved csta-
combs was uncovered near
the Basilica of ST. Paul-Out-
side-the Walls during a hous-
ing construction project.
The area near the basilics
Is we'll known for Its other
eatacombs. as the ancient
Roman road was lined with
tombs and catacombs, many
OF which still exist.
The new discovery is real
w part of the estseombs Of
comnodiiia. Architects re-
port that the estseomb tombs
are still ciosed-uniike most
of the nnore famous ests-
combs. which were despoiIed
by invaders centuries ago by
invaders who were looking
for gold and Jewels.
Inscriptions and even lamps
have been found in place, and
a small room covered with
frescoes depicting scenes of
the Old and New Testaments
is in a good state Of preservs-
ton.
Many estaeombs were lost
during the Dark Ages after
Christians abandoned them as
burial places and removed the
bodies OF the saints 10 pro-
tect them from the barbarian
invssions.
The area around st. Paul's,
and paralleling the Ostia
highway, contains = big net
work of burial grounds. much
of which remains to be reds
covered.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14

should be discussed.
The date for answers to the
circular letter sent by His
Eminence Domenico Cardinal
Tardinl as head of the coun-
ellis ante-preparatory commits
sion has been set at Septem-
Der /.
First to answer the letter
was Bishop Carlo Baldini,
O.M.D., of chiusi and Pienxa.
Since then replies have come
from about 40 other bishops
in places as far apart as Aus
tralia, India, Norway, fhs Bel.
sisn Congo. and Canada. In the
next few weeks, il is expect
ed, the great majority Of an.
swers will flood into the com
missions offices in fhe Pslax-
no del Prophet, new Vatican
office building at the end Of
st. Peters Square.
Although it has not been
announced officially. it is al
most certain that the upcom-
ing council will be called the
Second Vatican Council. This
means it will not be consider
ed part of the original Vatican
Council-Which was disrupted
in 1870 when the Papal States
were seized by Italy, but never
formally closed.
In the circular letter the
commission sent to the pros
pective Fathers Of the coun-
ell, they were eXhorted to
make suggestions and offer
ideas with great frankness on
what should be considered by
the council. 4
When The responses reach
fhe commissions secretariat,
they are photostated and the
copies are cot up section by
section, and filed under ths
various subjects suggested.
From them will be drawn the
general asends Of the council
and the subjects 70 be dis
eussed once the council aae.
fusllY eonvenes.
While no date has yet been
set, ii is believed the council
will not convene until at least
1861, if not 1862.
In addition to the circular
letter sent to the bishops, an
other has been sent to the
theological faculties of Catho-
lie universities. asking experts
to prepare brief, well-docu-
mented studies on the various
theological, moral, liturgical,
ascetical and pastoral ques-
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14

TT PAYS TO USE THE
TIMES C~LASSIFIEDS
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14

when they went into effect
IN August. They mark the
first major change since the
reorganization of the Swiss
Guard by ST. Plus X in 1914.
Under The old regulations,
permission TO marry was re-
stricfed TO officers Of the
corps. Now, the four ser.
gesnfs major - non-commiss.
toned officers may also
marry.
The regulations specify
that the wife must be a
Catholic, be Of good reputa-
ton in religion and morals,
must come from a good
family and enjoy social and
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14
DELAWARE e ey'ne
RADIO 8 Tv REPAIR

BILLY GRAHAM, Radio and ~
repair. All work guaranteed.
Located at Teele's Appliances,
Phone 2-577l.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14

economic status equal to that
of her husband.
The new regulations, which
trim the number Of Swiss
Guards 10 100 men from the
previous total Of 1873, also
provide that under certain
ton ~ religion and morals,
hold another JOB during off
duty hours.
The Swiss Guard, founded
under Pope Julius IL in 1906
is entrusted with protection
OF the person Of the Pope.
Another duty is safeguarding
of the apostolic p alsces.
Their recruitment is regulat-
ed by an 1925 treaty, between
the Holy See and the Swiss
canton of Lucerne.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14
FURNITURE STORES
SGD T1TRNITTTR.

USED FURNITURE
Rugs and Appliances
BARGAIN FURNITURE STORE
212 London Rd. Phone 3-7503
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14

Camp Denniscn Headquarters
MAI. Gen. Jacob ID. Cox
in Trumbull County: Camp
Cleveland, Camp Taylor and
Camp Wood at Cleveland.
Camp Buckingham, Camp
Mansfield and Camp Mordecai
BARLEY at Mansfield; the Fair
grounds at Springfield; Camp
Noble at Tiffin; Camp Lucas
in Clermont County, Camp
Meigs at Dover: Camp Ammen
at Ripley; Camp Logan at
Chillicothe; Camp Latta at
Napoleon.
Camp Macarthur at Urbana;
Camp Goddard and Camp
GAINESVILLE at GAINESVILLE; Camp
Vance at Findlay; Camp An
drews at Mt, Vernon. Camp
Giddlngs in Ashtabula County;
Camp Piqua at Piqua; Camp
Delaware at Delaware: Camp
Mingo in Jefferson County,
Camp Lima at Lima.
Camp MonroeyiiIe at Mon
roeville; Camp Corwin at
Dayton; Camp Putnam and
Camp Mcclellan at Marietta;
Camp Tiffin at Wooster: the
Fairgrounds at Lancaster and
Camp Wool at Athens.
Altogether, Ohio furnished
some 5000 men of all arms
of the service in the Civil
War.
Ohio Senator, Jacob D. Cox
Of Warren, was appointed the
first BRIG. General Of Ohio
militia in federal service. 1t
III. z..-lA
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14
Holy Family Festival
FRIDAY and SATURDAY.

The Holy Family Summer
Festival will be held Friday
and Saturday on the school
grounds. Fridays menu will
feature fish and French fries
and Saturdays will be smor-
gasbord and pizza.
Patrick OHM and Paul
Herold are eo-chairmen of
the event.
A 1859 Plymouth Belvedere
will be on display.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1959-08-14
Holy Father Asks =. y
Bishops to Suggest
Topics for Council

VATICAN CITY, tNC) - More than Zoo of the
worlds Catholic bishops, abbots and religious SUI
perlors who will take part in the forthcoming ecumeni-
cal council have been queried on what they think
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1959-08-22

demands.
The drink milk" exhibit was
the most popular at the 1858
state Fair. so much so that on
two occasions the drinking had
10 be halted momcntarily while
trucks rushed in with fresh sup
plies.
The fame of the exhibit spread
TO all parts Of the State and now
members of the committee are
anticipating twice as much bust
ness and are making plans along
that line.
The milk exhibit is especially
popular with youngsters of all
ages. each Of whom tries to out
Go all others in guiding. A 10
ytar.old took the honors a year
aeo with rs glasses. far more
than any Of his rivals.
The exhibit will be open each
Of the 10 days and the sign
drink all the milk you can for
ten cents means exactly that
one can drink until he or she
can barely stagger away from
The counter.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1959-08-22
Reckless Drivers 20 To Jail

upsurge in Detroit traffic fatal
ties
Traffic Judges George T. Mur.
phy and John d Na'f, hsre
warned drivers who are eors.c,.
cd Of reckless drivn-. drum.
driving and excessive speeding
that they will receive straight
Jail sentences and minimum 90
day license Suspensions
In the first two weeks Of
the new campaign a total Of
81 drivers went 10 pail with.
out the alternative OF paying
a fine for sentences ranging
from five days TO 90 days. and
licenses OF lis motorists we're
suspended for periods Up 10
two years.
The Traffic Safety Association.
in support Of the Court program.
prepared . poster now being
erected on street side standards
IN the city with the message
Judges Warn - Reckless Driv-
crs Grounded 30 Days.
This is one Of the many warn
ings to motorists about the poll.
cy. under which judges say they
will take crrant motorists off the
road until Delroit's safety record
improves sharply.