davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-12-08
PEPC0 Bonds
Are SeIIout
Bring Premium

A $40 million offering Of Po-
tomac Electric Power Co. S per
cent bonds were. oversubscribed
quickly late yesterday and the
bid for them today went to q
premium of around half a point
above the offering price.
The offering price to the
public was 10.827 to yield about
4.95 per cent.
James M. Johnston of john
ston, Lemon & Co., one of the
five co-managers for the Ma
tion-wide underwriting group
awarded the big issue, said the
underwriting bids were the
closest in his memory.
There was a difference OF
only around $3.50 between the
winning bid for the $40 million
issue and a difference of only
around $700 between the No.
and No. 3 bids. he pointed out
The winning group repre-
sented by Dillon, Read & Co.;
Lehman Brothers, Eastman Dill
lon, Union Securities g. Co..
Stone & Webster Securities
Corp. and Johnston. Lemon
submitted a bid of 100.152 per
cent for a S per cent coupon
A group headed by Halsey Stu
art was second with a bid OF
100.14 and a First Boston Corp
group bid 10000 for the same
coupon.
Other Washington investment
houses. who were members of
the underwriting group in
cluded: Ferris g. Co., Jones
Kreeger e. Co.; Mackall g. Coe,
Robinson and Lukens and
Rouse. Brewer, Becker & Bryant,
Evening star., 1960-12-08
Burke New Head
Of Financial
PR Council

Joseph P. Burke. jr.. vice
president Of Columbia Federal
Savings and Loan Association,
was elected president Of the
Financial Public Relations
Council Of Greater Washington
at the annual meeting last
night.
Thomas P. McLachlen OF
McLachlen Banking Corp. was
named vice president. Howard
Millner Of National Permanent
Savings became secretary and
James Walden of First Ma
tional Bank was reelected
treasurer.
Elected to the executive COM
mittee were: Henry w. Bran
son. National Savings g. Trust;
Taylor Fussell, Washington
Permanent Savings and Loan:
Harry Switzer, Suburban Trust
and Frederick Daum, Security
Bank.
Evening star., 1960-12-08

Center, Chevy Chase. Nd, and
in the Wheaton Plaza Regional
Shopping Center at Wheaton,
Md.
Mr.. Avola, a native Of Penn
sylvania, came to Raleigh's II
years ago as assistant clothing
buyer and became buyer in
1854. He is we'll known through
out the Nations clothing
markets.
Mr.. Diamond, a native of
New York, became assistant ad-
vertising manager of Raleigh's
in 1949 and advertising man
ager a year later. He was named
sales promotion director in 1858,
He is a George Washington
University graduate and is ac-
tive in the Advertising Club.
Mr.. Janicki is a native Of
upstate New York and joined
Raleigh's in 1851 as assistant
controller. He became a Ger
titled Public Accountant in
1852 and was named controller
in the same year. He has been
active in the National Capital
Group Of Controllers and is a
past chairman Of the group.
Evening star., 1960-12-08
MeIpor InstoHs
IBM Doto System

Melpar Of Falls Church, Va,
has installed a l401 data
processing system Of Interna-
tional Business Machines, a
fully automated transistorized
unit providing cost reports and
budget controls for the firms
research and development prof.
ects.
Melpar said the new system
is the first to be installed in
this area.
Evening star., 1960-12-08
O'HonIon Is Promoted
By PEPCO Directors

John r. O'Hanlon was
elected assistant secretary of
Potomac Electric Power Co.
at a meeting of the board of
directors yesterday, President
r. Roy Dunn announced.
A native Of Washington, Mr..
OHanlon started with PEPCO
in 1884 as a junior engineer
aide in the system planning
department. Since 1851 he has
been engineer assistant in the
Office Of senior vice president.
He is a graduate of st.
Johns College here and Notre
Dame University and is a
veteran of World War II. He
Evening star., 1960-12-08
Jefferson Village
Center is Sold

The Jefferson Village Shop.
ping Center near Seven Cor.
ners in Falls Church, Va, has
been purchased by Jefferson
Investment Co., which is owned
by local investors.
The center is located at Ar.
lington boulevard and Amman.
dale-Falls Church road. The
sale was negotiated by Homer
A. Bacas Of the S. G. Gerachi;
Co. Of Falls Church at a price
reported in excess Of $400, 900
The Gerachis firm will man.
age the center.
The center was built in 194E
and includes eight stores and &
theater. This Is the frs
change in its ownership since
it was constructed.
Evening star., 1960-12-08
YOUR
MONEYS WORTH
Imported Cars Outlook

The decline of foreign cal
sales after American compacts
began to meet the competition
is one of the significant indus.
trial phenomena stories of our
day. But is this story over, OF
will the influx Of foreign cars
continue?
For one answer I went to
Maurice Bosquet, president and
general manager of Renault
Inc, subsidiary of Renault oi
France, worlds sixth largest
motor vehicle manufacturer.
G., PORTER: You are one Of
the leading importers of cars
Now that the American COM
pacts are slashing foreign cal
sales here. how do you view
your situation?
A., BOSQUET: AS we have
long predicted, 1860 is the year
in which the men" among the
imported car companies are be-
ing separated from the "boys." ."
The men" are those concerns
who succeed in meeting the first
real competition from American
carmakers and who carve out
a permanent place for them
selves in the domestic auto
motive market. The boys" are
those who are satisfied with
minuscule sales or VINO pull
out completely.
Competition Inevitable
Inevitably. the United States
compacts have cut into the sales
OF competing imports-just as
they have cut into the sales
OF many makes of American
standard cars. Hardest hit have
been the captive" imports
(often competing right on
dealers showroom floors with
new compacts from the same
makeD, and the imports that
lack an effective, aggressive
nationwide sales and service
organization. Imports share oi
the total United States market
dropped from nearly 10 per
cent in the first eight months
OF 1859 to a shade under 8 pei
cent in the first eight months
Of 1860.
Even before this downturn
though, aggressive importers
began strengthening their or.
ganizations to assure themselves
a permanent place in this mar
ket. These efforts continue.
O.. PORTER: Exactly what
are importers doing to meet the
competition of our compacts?
A., BOSQUET:: What Renault
is doing probably can be re-
garded as representative of the
steps being taken by every
producer of imported cars who
expects to maintain a perma-
nent place in the United States
market. Here are examples OF
the long-range programs OF
importers.
Distributor organizations are
being strengthened by increas-
ing the territories of capable
independent distributors.
Service training Of dealer
mechanics is being stepped up
through use Of teams of factory
trained instructors who travel
the country in special mobile
vans equipped to demonstrate
latest and best service tech
niques.
Training Stressed
Parts distribution procedures
are being improved by shipping
parts directly from factories
abroad to parts depots in this
country, thus insuring against
delays in servicing customers
cars. In addition. prices on
many parts have been reduced
Sales training schools fol-
Evening star., 1960-12-08
~ SYLVIA PORTER

dealer statesmen are being set
up in distributor headquarters.
Advertising and sales promo
ton, long concentrated princi-
pally at the national level, will
be tailored to regional and local
requirements, to provide most
effective impact at the point
where sales are made.
New models are being intro
duced to open new avenues for
sales.
Product development will
continue-not through the in
PRODUCTION Of annual models,
but with improvements that are
incorporated as rapidly as
sound engineering practic e
dictates.
Price reductions are being put
through to assure buyers Of
continued economy in initial
cost.
O.. PORTER: What are the
long range prospects for i'm
ported cars?
A., BOSQUET:: There is no
magic method by which i'm
ported cars can guarantee for
themselves a continuing place
in this or any other market.
No imported car producer ex-
poets to count his annua
United States sales in the mil
lions. But we do believe there
will be a continuing and SUBJ
stantial demand for a small, eco
nomical, eaSy-to-handle -and-
park passenger car. Those Of
us who intend to stay in the
United States market are conf
dent we can meet this demand.
Distributed 1850 BY The Hall Syndicate,
Inc. All Rights ReServed)
Evening star., 1960-12-08
Insurance Managers
Plan Annual Meetind

The Life Insurance General
Agents and Managers Associa-
ton will hold its annual meet
ing and Christmas party at the
Shoreham Hotel at 7 pm. on
Thursday, December IS.
A short business session will
precede a reception, buffet din
ner and dancing.
Evening star., 1960-12-08
GE Plant to Close

CLEVELAND, Dec. 8 (AP).-
General Electric Co. today an
nounced plans to close out its
lamp plant in East Cleveland
gradually within the next year
Operations will be consolidated
with company lamp divisions
at Bellevue, Ohio, and Mat
toon, III.
Evening star., 1960-12-08
Dividend Declared
By Liberty Loan

Directors Of Liberty Loan
Corp. have declared a quarterly
dividend Of 80 cents per COM
mon share. payable January
to stockholders Of record at the
close Of business December Is.
Directors also, declared a
quarterly dividend of .359375
cents per share on the 524 per
cent convertible preference
stock and 31H4 cents per share
on the 5 per cent cumulative
preferred stock. The payable
and record dates are the same
as for the common stock.
Evening star., 1960-12-08
BUSINESS
BRIEFS

Bank Clearings in 26 leading
cities in the week ended De-
cember 7 totaled $27,226,567,- =
900 compared with $22,732,-
100000 in the previous week
and $24,745, ,068, ,000.-Dun g.
Bradstreet.
Business Loans by member
banks in the week ended No
vember 80 totaled $31,742, ,000,-
900. up $40 million from the
previous week and up $1,727,-
100000 from the like week a
year ago. - Federal Reserve
Board.
Crude Petroleum Production
in the week ended December 2
averaged 6,984,2l0 barrels daily,
down $3.50 for the week and
compared with 7.026,525 in the
like week a year ago.-Amer-
ican Petroleum Institute.
Earnings
New England Tel. e. Tel. in
10 months ended October 81
earned $43, ,685. .798 VS.. $40,45l,-
78l in 1859 period.
Emerson Electric Mfg. in
year ended September 80 earned
$600.310 or $3.50 a share VS..
$3,938,7l7 or 1929 in 1859.
Universal Control in 6
months ended September 80
earned $2.363,708 or "a cents
a share VS.. $3,024,878 or 81
cents in 1859 period.
Detroit, Toledo g. Iron in 10
months ended October 81
earned $2.719,l37 VS.. $685.
$50 in 1859 period.
Suburban Gas in IL months
ended october 81 earned ST.
8l5,683 or $1.47 a share VS..
81 l,276,322 or $l.03 in 1859.
Evening star., 1960-12-08
METALS

NEW YORK, Dec. 8 (APJ .--spot
nonferrous metal prices today: Copper
80 cents Q pound, Connecticut Valley
Zinc 10 cents a pound. East st. Louis
Tin 02ss a pound, New York For.
eien silver 9lss cents per troy ounce
New York. Pittsburgh scrap steel M
heavy was quoted by Iron Age a.
2B 0O.21 90
Evening star., 1960-12-08

is serving as a lieutenant
colonel in the Army Signal
Corps Reserve and is on the
technical engineering COM
mittee Of Atomic Power De-
velopment Associates.
He is a member of the
American Institute of Electrical
Engineers, the Board of Trade,
University Club, Columbia
Country Club and Notre Dame
Club of Washington.
Evening star., 1960-12-08
ski Buys Firm

PHILADELPHIA, Dec. 8
(AP.-SKF Industries. Inc,
announced it has purchased
the assets OF the Nice Ball
Bearing Co.. a division of
Charming Corp. Terms of the
transaction were not disclosed.
Evening star., 1960-12-08
DC. Building Is Double
Year Ago in November,
But Loqs in 11Months
BY DONALD B. HADLEY
Star Financial Editor

Building permits in the District Of Columbia were more
than double in November but they Jagged per cent
behind 1859 levels in eleven months of this
P. Green chief of the Districts permit branch today
reported permits valued $1653022 in
Evening star., 1960-12-08
TREASURY BONDS

NEW YORK tAP) Noon over the ocun
ter U. S. Government Treasury bonds,
bid, asked, net change and yield fol
Evening star., 1960-12-08

Stanley G. House, presi-
dent Of House & Gerstin,
Inc, has been elected
president of Washington
Chapter, American Pub
lie Relations Association.
Lyle Youngstown is vice
president; Otto Schaler,
secretary; Les Ahlswede,
treasurer.
Evening star., 1960-12-08
OVER COUNTER

Washington listings on over.the-
counter markets furnished By the Ma
tional Association Of Securities Dealers
as OF l pm. Thursday, December s:
Evening star., 1960-12-08
DIVIDENDS

BY the Associated Press
Pc Stk. ofPsy-
Rate riod Record able
OMITTED
Evening star., 1960-12-08
MUTUAL FUNDS

NEW YORK (AP)
= National Associa-
ton Securities Deal
era, Inc,
Evening star., 1960-12-08

Prices quoted in dollars and thirty
seconds.
T-Partially tax exempt
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
FLEE SOLICITOR

High commissions. expenses paid.
Call La. 9-2320 all day Monday.
COLLECTION DEPARTMENT wants
man for inside work: Va. or D. c.
branch: $3.50 per mo. to start.
Call Mr.. cox. ST 3-660O
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
HELP MEN
ASSISTANT
To Installm't Collect Mgr

Mostly outside work: car necessary
Exper. helpful but not essential
Salary based on applicants back
grsund. See Mr.. WEINBERG q
l03l 9TH ST NV
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
PART TIME POSITIONS
PHOTOGRAPHER

Photographer. to manage depart
Unusual opportunity with an es-
taoliShed company concentrating
on a selected few quality studies
Salary plus commission. Write
giving full details of both proies-
sional and personal status. In
close photograph. Box 2lS-Z
Star
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
HELP MEN

( SALESMAN - Exp. young man
civilian wear and uniforms; perm
opportunity for advance. for re-
liable man. g. LIVINGSTON &
SON, INC, 906-90S 9TH 81. NV
SALESMAN, white. married. 1880
Experienced only. as outside COM
mercial solicitor: ct least 10 yrs
in Wash area. 5-day week salary
$500 mo. or more. Ma. S-lllS
SALESMAN for mems. ladies' and
children's shoe department: must
be experienced; top salary, per-
manent position, PAID vacation
Apply in person TO Mr.. Stanley
s N MCBRIDE CO 700 H ST. L e
SALESMAN, exper. Minifon record
err nd major electrical appliances,
Z Apply in person, J r ENRIGHT
46lS Leland St, Oh. Oh, Nd
SALESMAN, for specialized cfice
equipment tautomatic tipping
through in-feld training period
+ Should present good appearance
the field Of once equipment and
/ correSpondeEce generally. SALARY
ami commissi Call NE. S-632g
Tor appointment AUTO TJPISI
/ SALES AND SERVICE.
SA- NAN for RPM g. Autolint
oils and ETeases for MONTGOMERY
/ Prince Geo. and Howard counties
| Salary, comm, expenses and CA
supplied Submit resume, incl.
/ refs. Box 2l9-Z. Star.
( SALESMAN = King st: DEFINITE
{ eXper In hardware sales. 70 S325
/ POTOMAC EMPL: Oil King st.
Alex. XII 9-5O5j.
| SALESMAN, TRUCK PARTS =
Opening for exp. outside sales.
man; b-day wk.. group hospital.
cation ard insurance. paid vac
other benefits. Reply giving full
! details To BOX 4hR-Z. Star
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15

Full or part time Top earnings.
plus car expense. Call RE 5-303s
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
SALESMAN

MAN, experienced in tools, hardware
industrial equipment and mills
supplies, for outside sales with
well-establiShed local firm Salary
commission Fnd car expense allow.
ance. Address to Box 413-Z. star
and give full particulars about
1ynnrrE1F
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
TV SERVICE MAN
WHITE MEN WANTED

New branch Office has opened in
D. c., excellent opportunity for
advancement, salary plus COM
mission for these who qualify;
must meet following aualihca-
tions: high school education. sbtl-
ity to look neat, ability to follow
instructions, ability to converse
with people. Call Mr. RADCLIFFE
from Q am to 12 noon daily. RE.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15

Rhen anSVsrtHe edVsrttssMents
aG4Yetsed 10 StGS boees Do NOT
enclose original references. pho
tooraphs or other materials OF
personal palHe Copies seTps the
puypoSe OTtetnais mar Get lost
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
SALESMAN

Competent. experienced. prefer
ably married, settled person. TO
sell radio advertising in southern
Maryland; salary and commission
references required. Apply Mr.
AIDES, DU. 7-lO36.
statesmen, outside selling, expert
enCe or car not essential. live
items, bis commissions. Apply
HOLLYWOOD CLOTHING CO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15

must have knowledge Of low
temperature ice cream cabinets.
None other than sober need apply.
Mr.. Money, MEADOW GOLD
PRODUCTS CO, 1887 D st. sc.
REPRESENTATIVES,
of worldwide GOODYEAR organi-
cations offers security, advance
ment and immediate earnings. on
permanent basis Lifetime OPP
portunity. No canvassing. Begin
nerS get thorough training, con-
tract in writing guaranteeing mini
mum income Of $500 per month
while training Some of our men
earn up to $4,000 per month
Call CO. 5-1326 for personal in
teryiaut
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15

LUMBER--and BLDG. material sales
man for inside sales work with
estsbl flrm. Excel working cond /:
good opportunity. Call Mr.. Ogden
j FRANK KELLY, INC. NO. T.
7400 Monday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15

Radio Company
HAS IMMEDIATE
OPENINGS FOR
EXPERIENCED
ELECTRICAL
ENGINEERS
representative OF Collins Radio
Company will be in Washington
February e0-22 to interview APP
plieants for several attractive
Collins Texas Division and Alpha
Inns. All positions require q
minimum OF BSEE. with advanced
degrees desirable, and experience
varying with each position.
Antenna design and de-
velopment Supervisory
position for antenna engi.
neer with 5-10 years
antenna design experience
in the diverse projects.
Scatter communications -
Engineer with $40 years
experience IN UHF trans
mitter design involving work
with 6mplifer Klystrons AND
transmission lines tech.
niques.
Planning - Two engineers
for stan planning and project
consulting positions. One
requires at least z years ex-
perience in both RAD and
systems associated with
switching and digital tech
nioues. The other requires
digital computer systems
including familiarity with
all phases OF computer hard
ware, programminE and
current Developments.
Switching applications -
Two engineers with At least
years experience in logical
design OF switching equip.
ment.
One engineer with a mini.
mum Of 5 years experience
in the latest techniques as
applied to communica lions
circuits switching.
Three engineers with 2-S
years experience in one OF
more Of the fields Of data
Losing, process control
supervisory control, teletypt
switching, solid state tele.
phone switching, memories
mput-output equipment, OF
automatic switching In
switc hing development-
Two engineers with a mini.
mum OF 4 years experiencs
in all areas OF digital cir.
eat development, With
stronE theoretical back.
sround in solid state cir.
cuitry.
Ground support - Engineer
with at least z years ex.
Terrence in the design OF
ground support equipment
or simulators.
Alpha Corporation - Three
positions as program man.
ayers, for engineerS with
background and experience
suitable for the perform
ance Of the full duties OF
organization, planning and
direction OF held Operations
for large-scale systems, in.
GLIDING heavy radar, com
municationS edui D m emit
ia handling equipment
and related systems.
systems ensineerS with nj
least 3 years experience In
heaVy radar, communica
lions, data handling equip
ment or related systems.
Experienced engineers who
are interested in profeS,
slonal Advancement with
this progressive and ex-
panding company, and who
believe they qualify for any
OF these challenging posi-.
lions, are invited Ia ron
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
statesmen

Let US help you help yourself.
Earn 5000 and UP per week.
Great opportunity for willing
workers. Selling well-established
disnified product. Call for ap-
pointment. 10 am. to pm
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
SALESMAN

For local landscape and
nursery firm. Permanent
year round. References re-
ouired. Age immaterial. APP
ply only il accustomed to
income of $1,000 or more
and exrect to earn it. Phone
LIE o.ll20 for annnintnent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
SALESMAN

National manufacturer REQUIRES two
men. Arl. and Wash. area. Cal.
4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
SALESMAN
AMBITIOUS
SALESMAN

Factory representative Wash. area
excellent salary plus commission
expanding sales force. EXceptlonaI
opportunity for experienced sales.
man: now earning over $4,000 To
earn 5-f1gure income. Phone Ii
4-6O4O for applicstion Car nee
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15

MEN
OFFICE MAN

young man TO assist Of
fee manager. must be neat, accu-
rate and a good typ!st. Interesting
position for a man desiring future
with an old established business :
salary open. Call MR.. KELLER at
RE. 7-S02S for appointment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
HELP MEN

MEN, excel. openings for right
men; established high income
routes; no exper. nee, training
furnished. Most Of our men are
married and supporting their
families with earnings Up to $3.50
wkly Start on a trial basis, II
you wish to determine what an
excel. opportunity this is. For de-
talls' phone THE FULLER BRUSH
MEN-Have Z openings in our
asst. mgr. training program Start
at approx. !S95 wk. for 3 mos
exper- Of anV kind Ieces. White.
with car. Live mr.. Sc. Wash. or
P @. County. For interview phone
Tu. 2-4303, 9 pm. 70 Q pm.
MIN (2l
Arl. and Fairfax County: 500
Wkly. avg Old esta6. co. has
opening for . men, white, who
are intelligent and capable OF ma q
aging their own time Call JE
2-56s3. 8 pm. to Q pm.
MEN
Enjcy the prestige and income that
only a quality company can give
Top commissions are easy 10 earn
and paid Immediately. Leads
FREE! Product in demand. Call
JU. S-74s3. bet. 9-l2 am.
OFFICE MAN-Ambitious and alert
young man with some bookkeep-
ing and payroll eXper.; good
typist: pleasing telephone per-
sonality. Unlimited oppor. TO grow
with progressive bldg. sub-con-
tractor; Call sP. 3-l0l2 after 8
am Monday
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
~ THE SUPREME COURT OF on.

~ lnE S0fhEME COURT OF on
TARIO-Between LIND CHELEW
Pls,ntitI. and JOSEF KREINDL,
TORONTO TRANSIT COMMITS
sion and THOMAS LOOSE, De-
TICE that a Motion will be
brought before the Master at Os-
goode Hall, Toronto. IA DAYS after
the publication Of this Notice. for
an order dismissing the above
action for want OF prosecution
SMILEY g. ALLINGHAM. l47 uni
Eersltv Avenue, Toronto. Ontario.
solicitors for the Defendants.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-02-15
CONSTRUCTION

For concrete subcontractor. Exper,
in general comml construction
work; engineering exper. preferred
Good oppor. with fast-sTovinE co
Salary open. Call SP. 3-l0l2, after
2 am. Monday.