davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-05-30

HOLLYWOOD CNANA). -
The orphaned children of the
: late Mr.. and Mrs. Mario Lama
will be the center of a new tug
of-war in the courts between
the parents of their father and
mother. For the sake of the
little ones, I hope the grand
parents will find a way to set
tie the matter without a costly
and name calling struggle.
, Princess Margaret and hus-
band Tony Armstrong Jones
have found their home in Ken
sington Gardens too small, and
will add four rooms by taking
over the empty house next
door. And a romance seems
to be in the air for Margaret's
cousin, Princess Alexandra. But
she can't seem to decide be-
tween the Duke of AthOll and
ViscOunt Lumley. All three are
in their 20s.
=
Vivien Leigh, enchanted by
her New York reception in
Duel Of the Angels" will prob
ably take the show on tour,
and star again on Broadway in
another play in the fall. .
Busy Walt Disney has some of
his executives in Vienna pre-
pairing a musical romance on
the life of Beethoven. And
to go back to Vivien, the actress
who will probably succeed her
as Lady Olivier, Joan PlOw-
right, will be seen in this coun-
try in the soon-to-be-rele
film. THE Entertainer" CO.
starring with Larry. It's how
she met HMM the play ver-
sion. Vivien met Sir Laurence
the same way, some Is years
ago.
In "All the Young Cam
nibalS." star Robert Wagner
lives with Pearl Bailey. Now
I've heard everything!
The No. l applauder for
Bobby DARN at his Copaca-
bana opening will be blond
singer Jo-Ann Campbell
Evening star., 1960-05-30

NEW YORK. - After Lau.
renee Oliver opened in London
in IOneScO's "RhinoceroS," a
prominent Broadway actor ap-
piled for a role in the New
York production. This is the
play in which the actors turn
into rhinoceroSes. He wrote to
director Bobby Lewis and gave
his description: Age, SO; eyes,
blue: weight. 1900 pounds. He
enclosed a photo of him - the
photo was of a rhinoceros-and
added that he'd studied with
Frank Buck and Mrs. Lee Stras-
berg.
Lewis replied he was glad to
receive an application from a
M e thod Rhinoceros. who
seemed so highly qualified-ex-
cept for one thing: From your
photo I can see you're a one
horned African Rhino. This
role needs a two-horned Asian
Rhino, so we signed Eli Wal
lach."
VARIATIONS: steve Hill
portrays Vanzetti, in the TV
play about Sacco and Vanzetti.
The show is being taped, and
Director Sidney Lumet is TAX
ing full advantage of the OPP
portunitieS afforded by this
new process. He taped the cli-
max scene six times - the
speech in which Vanzetti, be-
fore in which Vanzetti. before
the sentencing. begins IF you
kill me twice" Exact time
Hill read the speech differently
crying, smiling, loudly. softly,
ETC., Lumet will chose the best
version.
DIFFICULTY: Cedric Hard
wicke met a columnist who de-
scribed his work routine and
said: do you realize how hard
it is to write a column every
day?" :. Yes" replied Hard
wicke, but it's even harder to
read one every day"
= -
WILL: Beatrice Lille hac
her will prepared, and went tt
the lawyers Office where she
initiated each page and signed
the will. Then she took the
document straight home, anc
confided that she's never worr
her eyeglasses to the hand.
some lawyers Office. She wa!
Evening star., 1960-05-30
1873

Window Filter Nentilotor
keeps out roin ond snow.
Eliminates droft. Washable
pIostic filter. Fits windows
20 TO 35".
Evening star., 1960-05-30

Stainless Steel Ronee Hoods
prevent odors from spreading
through house. Protects VOLS,
cobinets from ereose. a.,
80" or SO" sizes.
Evening star., 1960-05-30

CIos-l-Tidy 3-pc. heavy utility
rack fits oil doors. Holds
cleaning oids and accessories
neatly. and in q handy place.
Evening star., 1960-05-30
20-inch Rotoy
Power Mowers

Hos Briggs and Strotton z HIP,
4-cycIe engine. Reeoil storter,
muIcher and diol control.
~" Mower r-----------4s.c5
Evening star., 1960-05-30
1.89

PoIyseomseoI = MuIti-purpose
seom filler. EIostic adhesive
permanent seam ,seoler and
coulkine compound. Won't
crock, chip or peel.
Evening star., 1960-05-30

Proctor Ironing TobIes hove
finger tip adjustment from "a
to SO in. lrreouIors Of l4.o8
quoIity.
Evening star., 1960-05-30

Hos 30 poroIIeI lines, "a" long.
6-ft. height prevents clothes
from drooeine the ground.
Ground socket included.
80 Line, II In. Lons-,s.9s
Evening star., 1960-12-15
BY TRUMAN r. TEMPLE
Z. Star stan Writer


Santa Is running into q
frosty welcome these days in
company ofices.
Some corporations even write
him to stay away. The rea-
son: Bad publicity involving
business ethics has put a num-
Der of companies on guard
against any gift from business
clients that might be con-
sidered payola.
The typical letter goes some
thing like this one from the
Sperry Gyroscope Co.:
Gentlemen:
During the Christmas sea-
son some vendors follow
the custom Of sending gifts to
their customers as tokens of
friendship and good will for
the business they have re-
ceived.
"sperry follows an estab-
lished policy Of placing its
commitments on o fair and
ethical basis. and TO avoid any
implications to the contrary,
prohibits the acceptance Of
gifts BY any Of its employees at
any time"
"Sperry personnel are In
structed to return all gifts to
the sender and report these in
cidents to the director Of pur-
chases."
Not every industry faces a
headache Of the same magni-
tude ut this time Of year. "The
real problem" says Gordon
Kennedy. economic research
director for the Metropolitan
Evening star., 1960-12-15
CHICAGO
LIVESTOCK

CHICAGO. Dee. Is ZAP, tUspA).-
Moss S,5OO;, active, butchers strong to
% higher: sows. mostly steady: fair
shipping demand; around 100 head
l-2 2OO,215 lbs butchers closely sorted
Tor weisht and Grade 1880: A head
IL I'll lbs At 1890; mixed grade l-o
is.a5; 1a mixed 90 5s'VSg down iSs e 1853;
$40 los 1B.75-I7.T5; mixed % and
3s .4O-280 lbs l6.25.17 90; mixed "a
and 80. 26O-20O lbs 1890. ID. SO: mixed
Grade 1-3 and mixed 81 30O.4OO ID
and 3s 400-550 lbs ll.5O-l3.00.
Cattle LOCO; calves 100; SLAUGHTER
steers and hetfers slow, steady to weak:
COWS steady to 20 higher, advance on
utility and commercial: bulls weak
feeders steady: few loads choice and and
mixed choice and prime steers 25. 90.
27.:5' few lots mixed good and choice
20 ;OO.25 20; good steers 23.75-24 so;
2 load utility 975 lb Hoistein 5000: a
load utility and commercial Hoisteins
mixed steers and heifers 1,5JO lbs
1870 Isi0o; a oS load q Hixed choice and
lots choice 24.75-25.75: good 90. rs.
Sd.?5: utility and standard $50
30; utility and commercial bulls
16.50-l9;bO. individual oO.OO; good
and choice vealers LOOPS 90. culIs
down TO 1900: half load choice ,O5Jj
10 Feeding steers 500,
Evening star., 1960-12-15
Bank Loans Expond, ,
Deposits Decline

Outstanding loans of Wash
ington's three largest banks
expanded in the week ended
December 7. due mostly to q
sharp increase in loans to do
mestic commercial banks and
loans to other financial insti-
tutions, including foreign banks,
the Federal Reserve Bank of
Richmond reported. CONNER
cial loans declined.
Gross loans Of Riggs Ma
tional. American Security &
Trust and National Bank of
Washington totaled 1854, $50 900
on December z vs.. $556.619.0 900
4 week earlier and $523, ,165, 900
q year earlier.
Commercial and industrial
loans totaled $176,274.000 VS..
77,493, 900 q. week earlier and
$149, ,225, 900 on the like 1858
date.
Loans to domestic commercial
banks amounted to 50 million
VS.. 100000 a week earlier and
none q year ago. Loans to other
financial institutions totaled
$68.552,000 VS.. $50. .033. 900 a
week earlier and $82,143,000 a
year ago.
Deposits aggregated $1,O69.-
$4,000 VS.. 81 ,074,0l5.00O a week
earlier and SLOT 1858 900 a
year earlier.
Evening star., 1960-12-15
Company Earnings
Drop IN Quarter
BY the Associated Dress

Declining business activity
and narrowing profit margins
reduced corporation earnings to
an annual rate Of $42.2 billion
In the third quarter Of the
year. the Commerce Depart
ment reported today.
This was about $6 billion
lower than in the first quarter
of the year and So billion be-
low the rate in the April-June
quarter.
Profits after taxes declined in
proportion, falling to $21.3 bill
lion In the third quarter. COM
pared with $25 billion in annual
rate in the opening quarter of
the year.
The department attributed
the decline in part to q reac-
ton from the early-year up
swing which followed the 49,
day steel strike Of late 1859.
Evening star., 1960-12-15
Ronlney Offers
BonustoBuyers
Of Ramb|ers

NEW YORK. Dec. Is tAP).-
George Romney. president Of
American Motors Corp. today
said the company will award a
bonus to Rambler car buyers
based on total Rambler sales
in the period ended March 81.
1861.
The bonus will consist OF
United States Savings Bonds.
Mr.. Romney said. and will be
based upon sales as compared
with the same period a year
earlier.
The sales period runs from
December l to March 81.
Mr.. Romney said the idea
was to share economic progress
with all consumers. not just
with special groups.
He made the statement at a
news conference here. In call
ing the conference Mr.. Rom
ney said he would outline a
plan which calls for sharing
progress with the neglected
consumer"
Mr.. Romney said the buyer
would make his regular deal
with his regular Rambler auto
mobile dealer.
He referred to the program
as the new Rambler crusade.
stating the first crusade was
that Of the compact car.
Mr.. Romney said, ITO new
Rambler owners taking delivery
during the period we will auto
matically send bonds ranging
from $25 to $l25 maturity value
as our cumulative monthly sales
rise over a year ago at specific
levels ranging from 10 per cent
to so per cent.
Payments will be made at
the end Of each month in which
a 10 per cent or more cumula-
tive gain is made.
If we show the minimum
gain, we will pay out bonds
costing us $2,759,8SS for the
period. On the basis Of q so
per cent gain, we would pay
$16,698. .062."
Mr.. Romney said expansion of
American corporations abroad
was greater than needed to
serve the foreign market.
Evening star., 1960-12-15
TRADE
WINDS
By LOU SCHNEIDER

It isn't likely that mortgage
interest rates will weaken ap-
preciably In 1861. Reason: the
nations lenders are caught in
q squeeze. Competition for de-
posits has forced them to in
crease interest rates or divi-
dehds they pay to depositors.
The national average is now
about 3z per cent. It costs
about "a per cent for servicing
Of q mortgage. Campaigns to
attract depositor funds often
cost more than "a per cent.
This brings total cost Of 4A
per cent. With 6 per cent re-
ceived as interest on a conven-
tional mortgage. it cuts the
lenders profit margin to less
than 1l4 per cent. That is ex-
tremely low income for any
kind of organization.
1t isn't being mentioned
publicly. but Federal Reserve
Chairman William Martin
means to fight any attempt
by the incoming Kennedy ad-
ministration to dominate the
FRB.
Securities analysts keep
emphasizing the bright side
Of the news but more important
know-how prefer to face facts.
The Federal Reserve of New
York says the ratio Of consumer
income-spending is at the
lowest level since the end of the
last recession which indicates
that consumers are worried.
And Morgan Guaranty Trust
N.Yo isn't optimistic about
the McGraw-Hill estimate of
an only 3'per cent dip in br,si-
ness spending on plant and
equipment saying: Character
istically capital-spending esti-
mates made in the early phase
OF cyclical contraction under
estimate the magnitude Of the
ultimate drop" Add to that
a survey of buying executives
by national association of
purchasing agents which sums
up to the sour note of "coasting
and hoping" It's based on this
knowledge that smart money
Is buying shares only of we'll
managed companies and only
on attractive price dips.
Consolidated News Features
Evening star., 1960-12-15
TALKING OF BUSINESS
Sonto Getting a Frosty Welcome
AsFirms Discourage Vendor Gifts

bristling suspicion Is the Yule-
tide bottle.
But there's a problem in this,
recognized even by the United
States Civil Service Commits
sion. Though it has long
banned gifts for Government
employees from anybody doing
business with the commission,
its manual adds:
This does not prohibit the
usual social courtesies, the re-
fusal Of which would result in
personal embarrassment"
Mr.. Kennedy admits he's
been embarrassed several times.
What. for example, do you do
with a basket of fruit that ar
rives without warning?
I've attempted to return
them with q letter Of thanks, &"
he explains. but sometimes its
difdcult. You have to call q
taxi and have the basket car
ried way across town, and then
the giver gets mad. since it's
something OF an affront. II
can do 1t gracefully when the
guy says he's going to send me
something, I refuse. But If 1t
just arrives, I often give 1t
away privately"
The distinction between q bit
Of disguised advertising, such as
a Christmas calendar, and an
item valuable enough to be
considered bribery is not always
easy to make. Some organiza-
tions make it a fiat rule-no
gifts. period.
AS ACF Industries, Inc, put
lit in a policy notice this year,
Evening star., 1960-12-15

S~@~@~@~-
adequate II the Interstate COM
, merce Commission approves the
program, 1t was said.
At S pm. last night. the Gao
had been, rendered over So per
cent of all B6so stock or more
than 1850. 900 shares. However.
any tenders mailed up to mid
night Wednesday, will be ac-
cepted and these will be COM
ing In for several days. C&O
officials said the final count will
not be made until all tenders
are in. but that the final total
should exceed 56 per cent.
In its seven months battle
With the New York Central
for Bro control. the Gao
apparently won majority con-
troll by Q comfortable margin.
Is predicted In this column
Sunday. but it failed to get
the 80 per cent control that
would have produced substan-
taal tax savings.
1T now must notify all B&O
holders that it failed to get
50 per cent control and give
them 30 days to withdraw
their tenders if they wish. Few
are expected to withdraw.
Next step will be to seek ICC
approval for control and work
out satisfactory arrangements
for places on the two boards
Of directors. C&O officials
would have many other details
to work out. including talks
with B&O bondholders regard
ing maturity dates and other
terms.
Commenting on the C&Os
success in getting more than
So per cent of the B6sO stock,
President Walter j. Tuohy Of
the C6sO declared:
"The owners Of the Balti-
more and Ohio Railroad have
shown they believe in the
merits Of affiliation, as q first
step toward fun merger. Of the
Baltimore and Ohio and the
Chesapeake and Ohio.
Association Of the two rail-
roads has been described as q
natural that would best serve
the interests Of the sharehold-
ers Of both companies, the en-
ployes and customers. commu-
mites and the public"
Evening star., 1960-12-15
Steel Industry
Plans 10 Halt
Output Index
BY the Associated Press

In 1861, the steel industry
will cease issuing figures that
show whether the industry is
producing as much as it theo-
retically can.
These figures percentage
long have been a standard
measure Of the industry's
health. But the American Iron
and Steel Institute, in a state
ment yesterday, called the
measure unrealistic.
The percentage shows the in
dustry's output in relation to
its capacity. In 1860. for ex-
ample. the industry is produc-
ing at 10 to 50 per cent Of
capacity.
But. the industry says. this
1860 percentage is misleading
for actually the years total
production has been one Of the
largest in history.
The institute. which has
issued the percentage in the
past. said 1t would continue
issuing Its other steel produc-
ton statistics each week.
There would be. howevf. one
other modification: Steel's in
dex Of production now will be
based on the corresponding
weekly production for the 1887
1859 period rather than the
l947-l949 period now used.
This conforms with q change
in Government statistical rec
ords, the institute said.
Evening star., 1960-12-15
Mitchell Firm
Given :15-Day
SEC Penalty

The Securities and Exchange
Commission has ordered a Is
day suspension Of G. J. Mitch
ell, jr., Co. from membership
in the National Association of
Securities Dealers for viola
tons OF Federal securities laws,
1t was announced today.
However. the commission
said 1t did not believe public
interest required revocation Of
the. firms broker registration
or its expulsion from. the
NASD.
Although the firm and its
president. @. ]. Mitchell, jr..
argued that 1t already had lost
sales. customers and underwrit-
ing opportunities since the
start Of SEC proceedings, the
commission said that in its
opinion, their conduct required
the imposition Of some penalty.
Mitchell Blamed
1t therefore concluded 1t
would be sufilcient to order the
firms suspension FROM NASD
membership for Is days. It
also found that PRESIDENT
Mitchell was the cause OF the
suspension order.
In its proceedings against Mr..
Mitchell and his firm the SEC
charged the use Of misleading
sales literature and failure to
comply with prospectus re-
Quirements In q stock offering
|of Aviation Employees Corp.
The commission order said
the firm and Mr.. Mitchell had
offered q settlement In which,
solely for purposes Of the offer.
they waived post-hearing pro-
cedures, conceded they violated
the statutory provisions and
rules referred to in the proceed
ings and agreed to q suspension
not exceeding As days.
Batten g. Co. Suspended
The SEC alsos ordered that
registrations as brokers and
dealers Of Batten & Co., Inc,
Inc, and Mutual Funds of
America. Inc, be suspended
pending final determination of
whether such registrations
should be revoked.
The commission previously
their president, Frank Batten
(also known as Franklin Bat
ten) had violated registration.
anti-fraud and record-keeping
provisions OF the Federal secu-
rites acts.
The SEC said the respond
ents had entered into a stipu-
lation Of facts with its division
Of trading and exchanges. in
which they agreed that there
were probable violations OF the
registration and record-keeping
provisions" of the laws and
consented to suspension of
their registrations.
Evening star., 1960-12-15
DISC Buys Tract
In Prince Georqes

DISC, Inc, national real
estate investment 1irm with
home Offices in Washington,
has acquired l25 acres Of land
valued at approximately $780,
600. at the junction of Bright
seat and Landover Roads in
Prince Georges County, Md.
The tract. which was ac-
quired from Fairfield, Inc, Is
located less than four miles
from the District Of Columbia,
with 3,000-foot frontage on
Landover Road.
Land planners have been
commissioned to develop a
progam for use of the property
Evening star., 1960-12-15

ended october 81 earned
81 ,095,S7l or 81 cents a share
VS.. $l,464,2s4 or $1.l2 in 1865
period.
Oxford Mfg. Co. In 8 months
ended October 81 earned
$l.0l3,7ls or $1.27 a share vs..
$SsS.l5s or $1.l2 in 1859 period.
Sheraton Corp. Of Amer. in 9
months ended October 81
earned $l.6sS,846 or 80 cents
q share vs.. $1,see,66e or 30
cents In 1859.
West Point Mfg. Co. In 8
months ended November 20
earned $l,652,000 or 81 cents
a share VS.. $1,9l6.000 or 50
cents in 1859 period.
Evening star., 1960-12-15
Shumote Is Elected
To Head RF&P

Directors of the Richmond,
Fredericksburg g. Potomac
Railroad at a meeting In New
York today elected Stuart
Shumate president Of the line.
Mr.. Shumate. As, vice presi-
dent and general manager, will
succeed Writ p. Marks, jr., 81,
who announced plans to retire
January /. Mr.. Marks has
been president Of the Rich
mond : Washington rail link
since August, 1857.
Mr.. Shumate's succession to
the presidency was set up in
1857 when w. Thomas Rice,
RF&P president, moved to the
presidency Of the Atlantic
Coast Line Railroad.
Mr.. Marks. then general
counsel, was named president
and Mr.. Shumate, general
superintendent, was moved up
to the number two spot.
Evening star., 1960-12-15
Worthineton Elected

NEW YORK, Dec. Is (AP).-
William p. Worthington, presi-
dent of the Home Life Insur-
ance Co. Of New York was
elected president Of the Life
Insurance Association Of Amer
lea at the annual meeting yes
terday.
Evening star., 1960-12-15
Ten Get Promotions
At Old Dominion

Directors of Old Dominion
Bank have promoted six men,
bers of its staff to assistant vice
presidents and four to assistant
cashiers. President Edwin T.
Holland announced.
The new assistant vice pres
idents were promoted from
assistant cashiers and include !:
Wesley A. Ballenger. William
Barrett. Edward T. Buckhout,
William S. Corish. Julian E,
Keck. and Robert E. Young, jr
: Assistant cashiers include:
Evening star., 1960-12-15
AMF Signs Contract

NEW YORK. Dec. is APP
American Machine & Foundry
Co. has signed a $2,784, 600
contract with United Bowling
Centers, Inc, Of Syracuse,
N. Y, to equip 232 new bowling
lanes with automatic pinspot-
ters and related equipment.
Evening star., 1960-12-15

Washington Board of Trade,
"is in the big contract-letting
organizations and the sales
oriented companies" as OPP
posed to utilities and research
outfits.
Probably the most spotlighted
man in any company where
that annual case Of Scotch is
involved is the purchasing
agent. Since he buys enormous
quantities Of materials needed
by his company, his power in
patronage resembles that Of
q city ward boss. Vendors eager
to curry his favor used to pile
his desk high with cigars,
bourbon. theater tickets and
anything else his heart might
desire.
Avoiding Embarrassment
The result is q monastic
code of ethics which the
National Association of Pur-
chasing Agents urges upon its
members. 1t denounces "all
forms of commercial bribery" ("
apparently regarding the gift
calendar with the same
Evening star., 1960-12-15
C6O to Top So Pct.
For BGO ControI,
Maps Early Merger
BY DONALD b. HADLEY
star Financial Editor

With tenders of Baltimore Ohio Railroad shares already
So cent mark and expected to exceed 90 per cent
hoped merger Of the Bo could be accomplished with In
year. ss
Evening star., 1960-12-15
METALS

NEW YORK, Dec. is tAP).-spot
30 GENTS q pound Connecticut Valley.
5ine ia Cents a '0Snn po1nd. NeE East fost. 81.
Foreisn silver 3las cents Der troy
ounce; New York. PITTSBURGH scrap
ei Az Eo; 2a neevy was quoted BY Iron
Evening star., 1960-12-15
OVER COUNTER

. Following prices furnished BY the
National Association OF Securities
Dealers In WAshinRton represent the
rang within which locally active Sc
rurities could have been bought or
sold at pm. Thursday. December
Evening star., 1960-12-15

It's often impossible to differ
entiate between gifts which
may bias an employees juds-
ment and those which do not. .
Diaries Returned
A local Westinghouse Elec-
trio Corp. spokesman notes:
We've even had diaries re-
turned from Government en-
ployes. The boys down there
periodically have the screws put
on them regarding gifts"
Westinghouse now neither
gives nor accepts gifts in WASH
ington, since the major part Of
its work here is with the Gov
ernment. 1t even has discon-
tinued giving out calendars, the
spokesman adds.
The General Electric Co. has
no written company policy on
gifts, but an official notes, Its
understood only gifts of nomi-
nal value will be accepted"
About the only thing the
Emerson Electric Manufactur-
ing Co. gives away these days is
a plastic briefcase, worth about
40 cents. occasionally used in
place Of an envelope.
A local representative says he
even is chary with Christmas
cards. II send them to their
homes. and only II / know them
personally. There's a little left
in Christmas, I hope" he adds
wistfully.
A Rule Of Thumb
Perhaps the most famous pol
icy on evaluating a gift is
ascribed to former President
Harry Truman, and others:
Accept nothing that cannot be
eaten, smoked or drunk in one
day.
Senator Douglas, the Illinois
Democrat, spells his personal
code out to the penny, and 1t
applies to his staff, too: Accept
nothing worth more than $3.50.
This is based on the theory"
he explains. that q United
States Sens ator cannot be
bought for less than two dol
lars and fifty cents"