davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-10-21
Am Ex Begins
Quoting Stock
OF Drug Fair
BY TRUMAN r. TEMPLE
star star writer


The American Stock Ex-
change added a newcomer from
Washington to its list Of COM
panies yesterday.
Shares Of Drug Fair-Com-
munity Drug Co., Inc, began
changing hands only moments
after the opening bell. The
initial block of 100 shares was
bought-just for fun-by Drug
Fair president Milton L. Els
berg, who was on hand in New
York for the ceremonies.
He paid $40 a share for his
acquisition.
The tape symbol ''DF-A" (for
Drug Fair Glass A common
stock) flashed the price to some
1000 tickers in brokers Offices
across the country. Later in
the day the price fluctuated a
bit, closing at $10.12.
Other Area Companies
Drug Fair is one of several
Washington area companies
whose stock is now traded on
Am Elk, as brokers call it. The
others include Atlantic Re-
search, Kay Jewelry, the G. B
Macke Corp, D. C. Transit, and
Transportation Corp. of Amer
lea.
Mr.. Elsberg said he was
urged to apply for Am Ex men,
bership several months age
when considerable interest in
his company's stock became
evident from out Of town
buyers during an offering oi
150, 900 shares by Auchincloss
Parker g. Redpath, under
writers.
Since the company could
easily met the AM Elk minimum
requirements-public distribu-
tion Of at least 100000 share:
to 500 holders-Drug Fail
decided to go ahead. It's appli.
cation listed 647,283 "a" com.
mon shares.
The Washington drug chair
breezed through the forrnalitie.
in unusually rapid sequence
1t made application to the
Exchange on September 81 snc
was granted approval for listing
only nine days later. And al.
though a waiting period Of 6
month is routine for new STOCK
to be registered by the Securi.
ties & Exchange Commission
Drug Fair got its OK in a week
The firm also had better
luck than some with its ticker
tape symbol. Gianinni Con.
trolls Corp, also newly listed
this year. was assigned the
racy code Of GIN" and An.
thony Pools, Inc. wound ur
with CAN'T"
Yesterday Mr.. Elsberg, &C,
companied by Robert Gerber
company board chairman, anC
Alvin @. Ehrlich, a director, me-
with Edward T. Mccormick
Exchange president, and ther
put in the buy" order afteI
trading began on the floor.
go Stores and Growing
Mr.. Gerber also purchased
100 shares, and watched tn,
broker send the "buy" order b,
hand signal to the floor special
ist some 70 feet away.
The company began busines
in 1851 and has grown to ,
string Of so leased stores, will
eight more planned for mex
year.
Traditionally many younl
companies go on the American
Stock Exchange for seasoning
and hope to graduate later Il
the New York Stock Exchange
which has sitter entrance re,
quirements 100000 shares out.
standing and at least 1,50(
stockholders).
Asked if he has this in mind
Mr.. Elsberg said no. For thu
moment I've got my hands
full" he observed.
Evening star., 1960-10-21
PEPcO Board Votes
Preferred Dividends

Directors Of Potomac Electric
Power Co. have declared Q
quarterly dividend Of 81 cents
on the serial preferred stock,
$2.44 series Of 1857. and q divi-
dend Of 611z cents on the $2.46
series for 1858 preferred, Treas
urer E. P. Knapp announced.
Both dividends viii be paid
December / to stockholders Of
record November Z.
Evening star., 1960-10-21
WeIex EIectronics Gets
New Chief in Midst
Of Major Expansion
BY DONALD b. HADLEY
star Financial Editor

Welex Electronics Corp of Washington win become di
subsidiary Of the Halliburton Co. big oil well cementng
company Of Oklahoma and W. j. Greer Of Houston been
named chairman and chief executive ONCE Of the firm
This announced today Welex Eeconcs went ahead
with substantial expansion progam 70 take of In
Evening star., 1960-10-21

mond, Va, on october 20, 17S5.
George Washington, who
founded the canal company to
open up the way west from
Tidewater, was elected its first
president.
Evening star., 1960-10-21

creaSing volume OF oeIenSe
work.
Welex Electronics was formed
In 1859 as q subsidiary Of
Welex, Inc. Of Fort Worth,
Tex. which was acquired BY
Halliburton In 1857.
Executive Offices Of WeleS
EIectronics were established In
the Solar Building here and an
engineering laboratory waS
opened at 3045 v Street NE. A
manufacturing laboratory now
is being completed at $500 New
York Avenue NE.
Plans for q change Of owner
ship to make Welex Electronics
Q direct subsidiary Of Halli-
burton were announced BY
Board Chairman Logan D
Campbell and President L. B
Meaders Of Halliburton and
President Roy C. Shaffer ot
Welex, Inc. today.
Expansion Planned
The Halliburton executives
said the move is being made
''in preparation for q program
Of major expansion for the elec-
tronicS firms operations, IA
cilities and personnel. to which
the full financial and technical
assistant of the Halliburton Co.
will be devoted"
Mr.. Greer, new chief execu-
tive Of the Washington flrm,
viii direct the expansion from
Washington headquarters, they
said. The electronics firm now
is engaged in several and ex-
tenSive contracts involving de.
velopment and manufacturer
Of Rapid Read-Out Data Han
ding Equipment and Multi
Carrier Telephone Systems fol
both the Air Force and sigma
Corps.
Also being handled are task
assignments in engineering
services, research and develop
ment, technical services and
electronic equipment manu-
featuring, with special emphasis
on missiles. The company 1,
doing research engineering foI
the Navy's Polaris missile.
Force to be Enlarged
A staff Of around IS is work
ing at the 3045 v street facility
and a force of $50 is expected
to be employed by early 1861 al
the New York avenue location
Under the reorganization di-
rectors Of Welex Electronics
will include: Chairman Camp.
bell. and President Meaders Of
Halliburton, President Shaffel
Of Welex. Inc, Vice President
w. j. Greer of Halliburton
President Ernest w. Powers ol
Welex Electronics. and VicC
President z. B. Wilson Of Wele1
Electronics.
Ofncers Of the Washington
firm in addition to Chairman
Greer, President Powers anC
Mr.. Wilson, will include W. I
Coquillette. vice president, anc
Donald deLaski, secretary
treasurer.
Other domestic subsidiaries
Of Halliburton Co. are Otii
Engineering Corp. and Inter
national Inspection, Inc.
Evening star., 1960-10-21
OVER COUNTER

Washington listings on over-the-
counter markets furnished BY the Ma
tional Association of Securities Deal.
ers as OF pm. Friday, October 81:
Evening star., 1960-10-21
TREASURY BONDS

NEW YORK (AP)-NooA over the
counter U. S. Government Treasury
bonds, bid. asked net change and Weld
Evening star., 1960-03-20

RICHMOND. Mar. 19 (AP),
"A little boy stood by a bulky
truck parked in a mountainous
Southwest Virginia area and
excitedly called to his friends:
Come here. fellas, they've
got books on ships and SUBJ
marines and airplanes, and
trains, and everything"
The truck was the bookmo-
bile of the Wise County Public
Library on one of its periodic
stops across the hilly country
side.
And the reception given it by
the little boy apparently is in
dicative of the way the travel
ing libraries are received in
most areas.
The Wise County bookmobile
is one of 26 throughout the
State which carry the treasures
Of books to people at the coun-
try crossroads and in cities.
The bookmobiles had their
start in Virginia in the de-
preston days Of the Works
Progress Administration (WPA)
Evening star., 1960-03-20
Virginio's S BookmobiIes
Are PopuIor , Numerous

and have grown steadily in
number. The first ones includ-
ed secondhand panel trucks
and some left over from the
WPA.
Today the trucks cost be-
tween $1,000 and $4,000 and
carry from 1900 to 1000 or
more books. The more elaborate
ones resemble city buses on the
Evening star., 1960-03-20

circuit judgeship in 1856, when
he was only 81 and a trial
magistrate at Mountain Road,
and came close to winning in
a four-man field. He was edged
out by Judge Matthew S. Evans
but outpolled Judge Duckett
and George Sachse.
In 1858 he was one of three
front runners for the eight
man board Of county commits
Sioners on the Harmony" slate
headed by Senator Phipps.
Mr.. Klima, his 34-year old
associate in law practice,
gained his seat on the county
governing board by knocking
of Mr.. Lowman, the party
leader, in their Northern Anne
Arundel 5th district race. Mr..
Klima led both the primary
and general election balloting
for county commissioners.
He was going to run against
Mr.. Lankford for Democratic
nomination to Congress from
Southern Maryland's 5th dis
trict this time but bowed out
on a laSt-minute decision by
his group to concentrate all its
energies on the judgeShip race.
Friends Of Sheriff
Both Mr.. Klima and Mr..
Pitcher are longtime friends of
Republican Sheriff Alton, IL.
He lent active support to the
Phipps ticket in its successful
primary battle against Mr..
Lowman's organization two
years ago.
Mr.. Alton. Republican pa
tronage chief in the county
throughout the eight-year Nc
Keldin administration, is serv-
ing his third elected term as
sheriff in the Office his father
once held. He has had a strong
following among Democrats as
well as Republicans and has
said he will change his party
afflliation to Democrat after
the primary.
Senator Phipps controls the
seven-rnember Dem ocratic
State Central Committee by
one vote. with the three man
minority lined up with Pitcher,
Klima and Alton. The commit
tee chairman. David S. Gra-
ham, ST., is Mr.. Atoms father
in-law and voted with the mi
nority when the committee re-
Gently indorsed Mr.. Lankford
4-3 over Mr.. Klima.
But the Democrats have no
monopoly on political con-
fusion in the sounty. Republi-
cans are split, too, and a
@. o. P. leader comedies that
Mr.. Alton, even though he
changes his party label to Dem
ocrat. can still WELD enough in
fluence to control the Republi-
can State Central Committee.
Evening star., 1960-03-20
ConoI Between Boys
To Be Closed a Duys

BALTIMORE, Mar. 19 (AP),
The Chesapeake and Della
ware Canal will be closed four
days next week for bridge re-
pairs.
The Coast Guard said the
canal linking Chesapeake and
Delaware bays would be closed
to navigation from 6 am. Tues
day to 6 am. Friday for removal
of the vertical lift bridge near
Summit Bridge, New Castle
County, Del.
Evening star., 1960-03-20
Retarded Children
Forum Scheduled

The Retarded Children's As
Sociation of Alexandria and Ar
lington and Fairfax counties
will sponsor a forum at 8 pm.
tomorrow at the Walter Reed
Elementary School. 1914 North
Mckinley road, Arlington.
The discussion, to which the
public is invited, will include
talks by specialists on the care
of the retarded child living at
home and the emotional prob
lens involved.
Evening star., 1960-03-20

world Wnere lnngnClng seems
to go on year round.
The Democratic harmony
ticket" put together by Senator
Louis N. Phipps to oust former
Democratic leader Ralph Low
man and his county govern
ment two years ago was har-
moniouS only until a few days
after its election victory.
Now an offshoot from that
ticket will test its strength as
a new political faction in the
May II primary.
Seek to Dust Duckett
The youthful combine of Dem
ocratic County Commissioners
Paul T. Pitcher and Edward j.
Klima, assisted by Republican
Sheriff Joseph Alton, will take
on virtually every other polit-
ical faction in the county in an
attempt to unseat Circuit Judge
o. Bowie Duckett.
They want for Mr.. Pitcher,
a 35-year-old Glen Burnie at
torney and former trial magis-
trate, the seat Judge Duckett
now holds by appointment
from Gov. Tawes on the recon-
mendation of Senator PhippS.
The 55-year-old judge has
the Endorsement of the Low
man organization. the county
bar association, Representative
Lankford, five of the ccunty's
six delegates to the general
assembly and a sprinkling of
county commissioners who have
announced a public stand.
Senator Phipps and the State
Central Committee on which
he has a majority influence
have not taken a stand pub
licly yet. If they do. it is
believed they will indorse Judge
Duckett.
All Are Vote Getters
Mr.. Klima and Mr.. Alton
believe if Mr.. Pitcher is elected
in the face of opposition from
the other Democratic factions
their group will have demon
strated its strength for the 1862
elections, when all county Of
fees will be at stake.
All three have displayed vote
getting power in the past.
Mr.. Pitcher ran for a new
Evening star., 1960-03-20
New Political Foction
To Get Maryland Test

ANNAPOLIS. Mar 19 CAP).-An Anne Arundel County
Delegate the Maryland Legislature has stock reply
those who ask him what's in county politics.
IT don't know" he II haven't checked in the last
Is minutes"
That about sums up this countys topsy-turyy political
Evening star., 1960-03-20

exterior. Many of them carry
two workers to check books In
and out. and at least one has
three aboard.
The bookmobiles, always at
tached to q county, city or
Evening star., 1960-03-20

regional library. make stops on
"a prearranged and announced
schedule.
Miss Florence B. Yoder. head
Of the extension division Of the
State Library. believes the
Montana farmer-stockman., 1960-11-01
RecIanatiOnists
Reaffirn Need
For Water Code

for Montana was reaffirmed by the
Montana Reclamation Assn at the
groups 18th annual meeting held Oct
1e. II and 18 at Helena.
Noting that bills for regulation of
Montana's ground-water resources have
been defeated each time they come
before the Legislature, the Association
termed the measure ssa sound bill for
our ground water.
All officers were reelected to new
terms. Dean NJ Olson, Wolf Point, is
PRESIDENT Axe1 Person, Sidney, vice
president; Stanley w. Howard, Boze-
man, secretary; o. A. Bergeson, Dill
lon, treasurer, and d. P. Fabrick,
Choteau, national director.
Mark Etchert, Glasgow, replaces
Otto M. Christinson as director of dis
trict 2, and Ralph Bricker, Great Falls,
succeeds Dan p. Thurber in district 5.
The remaining 18 district directors con-
tinue in office.
Regarding the need for a ground
and Fuel Branches, Montana Bureau
Of Mines and Geology, made the fol-
lowing statement in an article that ap-
peared In the May 1, 1859, issue Of
Montana Farmer -Stockman:
ssOveruse (of ground water) does not
yet appear to be problem in Montana,
but indications are that certain areas
L L~v 4
relatively near future. Experience in
other states has shown that once
progressive depletion of the ground
water resources is initiated it is almost
impossible to stop.
Bitterness between neighbors and
the forced migration of communities
are foreseeable results of inadequate
conservation measures in areas subject
to depletion by Overuse of underground
water resources.
Interest in conservation of ground
water resources was shown by the pro-
posed ground-water codes introduced
at the last four sessions Of the State
Legislature. An overall lack of knowl-
edge concerning these resources was
indicated by the controversy regarding
the proposed codes and their failure of
enactment"
In other resolutions the Association
urged continuation of the Sugar Act
beyond the March 81, 1861, expiration
date to give growers and professors
s.ample time to allocate acreages and
prepare for the planting, growing and
processing of the 1861 sugar beet crop"
A Pacific Northwest Account in which
power revenues would help repay ir-
rigation costs in the Columbia Basin
was recommended
Delegates proposed an appropriation
for the Soil Conservation Service to
provide for accelerated technical as
sistance as needed in sc districts on
Bureau or Reclamation projects.
Congress was requested to require
''every federal agency, as a condition
precedent to acquiring right to the
use of any water within the separate
states, to conform with that states
laws and procedures relating to the
control, appropriation and use of such
Evening star., 1960-03-16

for Research in Economies for
the University Of California, q
nationally known organization.
The Heller Committee found
that for a family Of four-in-
cluding two minor children-to
maintain "the commonly ac-
cepted standards Of living" a
wage Garner would need to
have an annual income of at
least $6,638 a year. This COM
pareS to the average annual
postal salary of $3.50 and the
average yearly classified en-
ploye salary Of $4,940r
The Heller group found that
for a family Of four in the case
of a junior professional man
or junior executive, an annual
income Of at least $9.476 would
be needed to maintain the
commonly accepted standards
Of living"
Referring to the Heller
groups concept as to what
constitutes the accepted stand
ard Of living in today's Amer
lean society rather than the
bare economic essentials, Mr..
Doherty declared:
"The concept of the Heller
Evening star., 1960-03-16

day. adding to the half-foot
fall on Monday. Two inches Of
snow piled atop the white
blanket in Ottawa. Kans., in
a 45-minute period.
/. At least six traffic deaths
we're blamed on the stormy
weather in Kansas
Light snow or fiurries were
in prospect across wide areas
from the northern and central
Rockies eastward and becom-
ing mixed with rain through
the upper Ohio Valley into
Pennsylvania.
Thunderstorms rum BILE d
across the southern Gulf States,
with locally heavy rain in parts
of Southern Alabama, North
west Florida and Southern
Georgia.
Evening star., 1960-03-16

District and vicinity-Snow
mixed with sleet becoming
mixed with or changing to rain
tonight, low near 80; snow ac-
cumulating up to 3 or 4 inches
by tonight in suburban areas;
rain ending tomorrow with the
high in the lower 40s.
Virginia-Snow will accumu-
late up to 4 inches or more in
the eastern portion and up to
3 inches in the western portions
by tonight; snow and sleet
changing mostly to rain tonight
with some freezing rain in the
mountain valleys, low % to 80
in the west and 80 to 35 in the
eastern portion; rain ending
tomorrow and warmer.
Maryland-Snow changing to
rain in the eastern portion to-
night and to rain or freezing
rain IN the mountains, low 80
to SO; rain ending tomorrow
followed by partial clearing
with a chance of some snow
flurries in the extreme western
portion, highs in the 30s in the
mountains and 40s elsewhere;
hazardous driving conditions
with Q to 4 inches accumula-
ton; small craft warnings dis
played.
Lower Potomac and Ches-
apeake Bay-Small craft warn
ings displayed; east-northeast
winds is to rs knots tonight
shifting to northeast at 10 to
20 knots and becoming north
westerly at IS to Is knots to-
morrow; snow changing to rain
Evening star., 1960-03-16

Jor1ty OF the committees men,
bers favors a pay raise fol
classified and postal workers.
The questions and comment:
made by committee members
following the testimony of VIII
liam c. Doherty, president oi
the National Association oi
Letter Carriers and the open
ing witness, showed their SYM
pathetic reaction to Federal
lpay raises this year.
They were visibly impressed
by the testimony of Mr.. Do
herty and NALC vice president
jerome Heating.
Even such conservative men,
tbers as Representatives Barry
of New York and Johansen OF
Michigan conceded the need OF
pay adjustments, although they
expressed concern over fiscal
and postal rate matters.
Letters setting forth the
administrators opposition tc
pay raises were presented tc
the committee.
I'VE find no justification fol
q general increase in Federal
statutory salary rates." wrote
Maurice H. Stans, budget di-
rector.
Roger w. Jones, chairman OF
the Civil Service Commission
said bills before the COMMITTEES
would only increase inequitieS
among the Governments pay
plans.
Both said adoption Of the
bills would not be in accord
with President Eisenhower's
money programs.
Before the hearings got un-
der way. Chairman Murray.
who is cool to any pay raise.
read a statement declaring
that pending pay raise legisla-
ton before the committee
would cost SIS billion a year.
He also stressed that the cost
of living since the last Federal
pay raise in 1858 has risen only
IA per cent.
However. during and after
Mr.. Doherty's testimony, Mr..
Murray refrained from any
sharp questioning and appeared
in a genial mood.
After the opening days ses-
sion. a number Of members
privately revealed their view
that the committee will approve
a modest pay raise Of 5 or 6
or even Z per cent. They pre-
dicted the committee had no
intention of approving the %
per cent postal and 12.5 per
cent classified employe pay
raises provided for in the legis-
lation before the committee.
DECENT LIVING STAND
ARD"-Instead Of concentrat-
ing on the cost Of living ap-
proach, Mr.. Doherty's testimony
stressed that Government en-
ploye leaders will emphasize
postal and classified employees
right to a decent standard Of
living" rather than just q bare
living wage" The employe
leaders also are stressing the
unfavorable position Of Govern
ment and postal salaries in
comparison with private in
dustry.
Mr.. Doherty cited the flnd-
ings Of the Heller Committee
Evening star., 1960-03-16

committee is to attempt to
describe the commonly ae-
cepted standard Of living as
the sum of those goods and
services that public opinion
currently recognizes as neces-
sary to health and reasonably
comfortable living.
The term necessary as
used includes more than
merely a minimum of physical
needs. It represents what men
commonly expect to enjoy. In
the words of one noted econ
omist. DR.. J. s. Davis, it rep
resents what is urgently de-
sired and striven for, special
qualification attending sub
stantial success and substantial
failure yielding bitter frustra-
tion.'"
Mr.. Doherty asserted that
Federal and postal workers are
entitled to more than a bare
Evening star., 1960-03-16

high in many places in Kan
sas, Northern Missouri. South
east Nebraska and Southern
Iowa.
Heavy snow warnings were
issued from Northern Missouri
northward through Iowa and
into Southeastern Minnesota
an deastward across Illinois
and parts Of Indiana. Falls
Of 1 to 8 inches were indi-
Gated.
The severe late winter
storm-spring starts Sunday
kept schools closed in many
areas. Offices and factories also
shut down in some sections.
Driving conditions throughout
the snow belt we're hazardous
and travel was sharply cur
tailed or halted.
More than seven inches Of
snow fell in Kansas City yester-
Evening star., 1960-03-16
.TODAY'S WEATHER REPORT

and ending tomorrow; visibility
! to 4 miles improving to I to
8 miles tomorrow.
Five-Day Forecast for Wash
ington and Vicinity
March 1871
Temperature will average 8
to 10 degrees below normal.
Normals for Washington are Sc
and 81 for the high and low.
Warmer tomorrow, colder over
the week end and warmer again
Monday. Precipitation will
total 1a inch Thursday and
again Saturday.
AAA Road Report
.west-District OF Columbia to Penn.
sylvania turnpike. clear; Pennsylvania
turnpike, clear; Ohio turnpike. clear,
snow forecast; q. 8. 40 west to Ohio,
clear; y. 8. so west 70 Ohio, wet.
slushy in mountains, snow forecast;
forecast.
South-Shirley highway and U. 8
TO Richmond. clear, snow forecast;
Richmond south, clear, snow forecast:
District Of Columbia To Charlottesville
clear, snow forecast.
North and east-District Of Colum-
bia to Harrisburg, Pa. clear. snow
forecast; District Of Columbia to Della
ware Memorial Bridge, clear, snow
forecast; New Jersey turnpike to New
York City. clear: New England. clear
Temperatures for yesterday
Midnight - 81 Noon ----c-- 80
asm as.m. --- sS spn pm. ---- y y
Record Temperatures for the Year
Highest, as on February 10.
Lowest, Is. on March IL
River Report
Potomac River clear at Harpers
Ferry and clear at Great Falls Shen-
andoah clear at Harpers Ferry.
The Sun and Moon
Rises Sets
Sun. TODAY 6:1sa.m. 6:16p.m
Sun. tomorrow 6:17 am. 6:l7 pm
Moon today 1905 pm. $40 I'm
Automobile lights must be turned
on one-half hour after sunset.
Evening star., 1960-03-16
Snow-Punchy Midwest
Loshed by New Storm
By the Associated Press

bustery snowstom landed another wntry blow today at
broad Of the Midwest already pnchy from month Of
heavy and unreasonable cold.
The storm, powered by winds Of 20 to IS miles
hour dumped heavy from Eastern Kansas and Northern
Missouri as it swept northeastward.
The fresh fell atop covering of than foot
Evening star., 1960-03-16
THE FEDERAL SPOTLIGHT
House Unit Receptive
To Pay Raise Drive
BY JOSEPH YOUNG
Star stan Writer

Classified and postal empoye pay raise legislation
well its to clearing its first hurdle the to
congressional enactment.
Opening day hearings by the House Civil Service Commit
tee showed unmakabe evidence that the overwhelming