davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-03-31
CHICAGO
LIVESTOCK

CHICAGO. Mar. 81 tAP) (UsDA)
-HoES 1000: fairly active, fully rs
higher on butchers under 80 lbs,
instances as much as 80 higher: go
lbs and heavier % to so higher; sows
o.tly 25 higher: mixed grade %
and mixed grade l-3 10000 lbs
l6;"5-l6 IS; several lots Is and mixed
around 200 head at 1900. these mostly
sorted No. l lots 200-215 lbs: mixed
grade 2-3 and IS 26O-2SO lbs I6 90
$40; few lots IS 23O-25O lbs
10 6O-l675: a few lots mixed 80
ana rs 2So-3l0 lbs Is; ;50-l610: mixed
gTade 2-3 35O-55O lb sows 1875
l4;.5; lighter weights scarce.
supply increased by around 1000
SLAUGHTER steers and heifers. mainly
steers, carried from Wednesday;
slaughter steers and heifers steady to
weak with Wednesdays low close:
clearance again incomplete: other
cases scarce. cows fully steady; bulls
steady to 80 lower; vealers about
STEADY; stockers and feeders steady to
weak; two loads mixed choice and low
loads good to mostly choice I,O5O-
loo ID steers @625-26.75; a load of
choice 900 lbs 2S25; good 20 80
$500; few lots utility, standard and
low good 1g00-23. 90: choice heifers
"a. O0-27 30. several loads mixed good
and low choice 25.0O-2525: most good
22 50-24 80; standard dairy type down
10 900; utility and commercial cows
i3 i3 o5ls 05-ls 90: ,tsn, csnners and cutters
100; utility and commercial bulls
l9.00-21 90; a few Gull and utility
10000. 90; five loads choice $50 Id
FEEDING steers 25.75-26.75.
Evening star., 1960-03-31
Dismer Sells
Hardware Firm
To New Company

mer's Hardware will
change its name to Delta
Hardware Supply Co.. effective
April 4. following sale of stock,
furniture and fixtures to a
new group.
This was announced today
by w. F. Discer, jr., who said
the new firm will carry on the
business started by his uncle in
1912 and later operated by his
afther until l945.
The new corporation will be
owned by George w. Lansing,
Joseph G. Pecosh and George
L. Perna. Mr.. Lansing and Mr..
Pecosh have been Gulf Oil
dealers for a number of years.
Mr.. Dismer pointed out in let
ters to customers announcing
the change.
Evening star., 1960-03-31
YOUR
MONEYS WORTH
Answer to Khrushchev on Gold
BY SYLVIA PORTER

Gold we have, but we save
it. Why? I don't really know.
Lenin said the day would come
when gold would serve to coat
the walls and floors Of public
toilets. When the Communist
society is built, we must GER
tainly accomplish Lenin's wish"
So remarked Nikita Khru-
shchev in an aside to a French
industrialist during his Paris
visit last week-thereby posing
a question which has been
asked over and over through
the centuries.
Gold is a ridiculous yellow
fetish" concluded Lord Keynes
in the 1920s and 1930s when he
was formulating economic
theories to help break the
strangle hold gold had on the
world.
Gold is absolutely useless
and will be replaced by the
labor Of the German nation"
boasted Adolf Hitler more than
a quarter-century ago.
Role Still Is Vital
Yet, despite Keynes and Hit
Ter and all our own efforts dur
ing the New Deal days to down.
grade gold to the status of just
another metal, gold has con-
tinued to play an enormous,
vital role in the modern world.
Franz Pick, the information
ally-known currency analyst,
told me soon after Premier
Khrushchev had made his COM
ment, For 5000 years gold has
been dominating the thinking
of nations, and no one has ever
figured out a way to master the
gold problem"
Admitted" said I, "but now
I challenge you to join me in
answering the question for
Khrushchev and for millions
who don't really know" why
we bury the yellow bricks with
such care in the vaults of Fort
Knox and New York"
Why do we save gold? We
save it because from the start
of civilization, gold has been
the most ideal medium of ex-
change, measure and symbol
Evening star., 1960-03-31
GIN Says Stockholders
Lead All Other Firms

DETROIT, Mar. 81 (AP)-
General Motors, the worlds
largest private manufacturing
company, said yesterday it now
has more stockholders than
any other industrial corpora
ton in the world.
Frederic G. Donner. chair
man of the board, said stock
holders now number more
than 800. 900. Seventy-nine per
cent of them own less than 200
shares.
GIN said its stockholders to-
tailed 10000 in 1919, grew to
100, 900 in 1929, to 100000 in
l941 and to 100000 in 1855.
Stockholders live in every State
in the United States. every Ca
madam province and in 80 for
eign countries.
Evening star., 1960-03-31

dent in 1855. He is president
of the Alfalfa Club and has
been active in Community
Chest, Red Cross and Cancer
Society campaigns here. He is
a member of the Association
of Reserve City Bankers and
a director Of Childrens Hos
pital.
Founded Lumber Firm
Mr.. Ewing is a native of
Washington and a graduate of
Yale. He founded the Belts
vile lumber firm and is a di-
rector of the Hyattsville Build
ing Association, the Citizens
Bank of Maryland, the WASH
ington Gas Light Co. and
Children's Hospital. He was
deputy assistant secretary OF
defense in 1856.
Mr.. Nees is a former presi-
dent of the old Washington
Stock Exchange and the Bond
Club of Washington. He is a
member of the District No. 10
Committee for the National
Association nf Car,Irifiae naaI
ers and is partner in charge oi
the mutual funds department
of Johnston. Lemon. He is
executive secretary Of Wash
ington Mutual Investors Fund
and Washington Investors
Plans, Inc. is on the advisory
board of Suburban Trust Co
and is a past president of the
College Park Rotary Club.
Evening star., 1960-03-31
Lemon New Choirnon
Of American Mercury

Stockholders of American
Mercury Insurance Co. today
elected three new directors and
a little later the board elected
James H. Lemon chairman of
the board and chairman of the
Executive Committee, it was
announced by President John
F. Idler.
Mr.. Lemon, who is a partner
of Johnston, Lemon & Co.,
Washington investment firm,
succeeds Bernard K. Shapiro
as chairman. Mr.. Shapiro will
continue as a director.
The new directors include:
Corcoran Thorn. jr.. senior vice
president of Riggs National
Bank; Frank Ewing, president
of Ewing Lumber & Millwork
Co. of Beltsville. Md, and Ber-
nard j. Nees, partner of Johns
ton, Lemon q GO.
Mr.. Ewing and Rawlings
Ragland, the firms attorney,
were added to the Executive
Committee. Mr.. Lemon, Mr..
Idler and Phillip Hittleman
will continue on the committee.
Prominent in Capital
Mr.. Lemon, the new chair
man, is a member of the Fed
eral City Council and has been
a leader in business and civic
affairs for many years.
A native of Washington and
a graduate of Princeton Uni
versity, he is a former governor
of the Investment Bankers As
sociation of America and for
mer national chairman Of the
IBA's savings bond committee.
He Joined Johnston, Lemon
& Co. in 1925 and is a vice
president and director Of Wash
ington Mutual Investors Fund,
Washington Investors Plans.
Inc, and D. C. Paper Mills.
He also is a director Of
Washington Sheraton Corp,
District Theaters Corp, Clinic
Properties. Inc. International
Bank of Washington and
Pepsi-Cola Bottling Co. of
Long Island. He is a past pres
ident and a director Of Chill
drens Hospital and is area
chairman for Princeton's $50
million fund drive.
Mr.. Thorn also is a native
Washingtonian and a Harvard
graduate. He started with
Riggs as a messenger in 1928
and became senior vice presi-
Evening star., 1960-03-31
C-E-I-R Will Offer
Stock to Holders

C-E-I-R. Inc. fast-growing
research and computer service
s1rm, today filed a registration
statement with the Securities
and Exchange Commission
covering proposed issue Of a
maximum of 10000 shares of
Glass A voting stock.
The company plans to offer
holders of its Glass A voting
stock and Class B non-voting
stock the right to subscribe
for the new shares. Shares
unsold by means of rights will
be sold to an underwater, not
yet identified.
The Arlington company spe-
cializes in application of mod
ern analytical techniques and
electronic data processing. 1t
has a research center and an
IBM 704-709 data processing
facility in Arlington as well as
Offices in New York, Houston,
Evening star., 1960-03-31
Reilly to Address
Bank Auditors

John A. Reilly, president Of
the First National Bank, will
address the Southern Maryland
Conference of Bank Auditors
and Comptrollers at a dinner
meeting at Bernie Jarboe's
Restaurant in Waldorf, Md, on
Thursday, April 81.
His subject will be "The
Challenge for Bankers in the
Sixties" He will review the
highlights of the Nations bat
tie against imitation: the none
tary and fiscal policies of the
Government: the tight money
market and its effect on mort
gage financing and housing in
this area.
Evening star., 1960-03-31
Drug Fair Declares
Quarterly Dividend

Directors of Drug Fair-Com-
munity Drug Co. declared a
regular quarterly dividend of
10 cents a share, President
Milton L. ElSberg reported.
The payment on Common A
stock will be paid April 30 to
stockholders of record April /.
The company will open its new
est store in Springfield, Va,
Friday and is planning formal
opening on Saturday.
Evening star., 1960-03-31
ABA Names GoIembe
As Research Official

Carter H. Golembe. who has
been financit ! economist for the
Federal Deposit insurance e
Corp. here since 1851. has been
employed by the American
Bankers Association as Secre-
tary of its Research Council.
DR.. Golembe is a native of
New York State and a graduate
of Columbia College in New
York. He served in the Army in
World War II.
Evening star., 1960-03-31
Rockville Bonds
In Good Demand

An offering of SIT million
of City Of Rockville. Md, gen.
eral Improvement bonds met
with a good reception. it was
reported by Alex. Brown &
Sons, which headed the under
writing group receiving the
award Tuesday.
With coupons ranging from
5 per cent, 312 per cent and
$50 per cent to $40 per cent,
the bonds were reoffered pub
licly at prices to yield from
2.70 to 3.75 per cent. Maturities
ranged to 1890. New interest
cost to Rockville was 1855 per
cent.
Around 10 per cent Of the
bonds have been sold, it was
reported this morning.
Evening star., 1960-03-31

organization has neither re-
eeived a proposition nor made
an offer for a specific site as
vet.
{ Commercial coming must also
be provided for parking and
everything else to go with the
store, Mr.. johnson pointed out.
In this kind of a situation,
the owner must sound out the
& planning commission on what
it might do if an offer material
lied. The prospective buyer
isn't sure he wants to make an
ofter until some sort of aSsur-
ances can be given.
High prices for both real
estate and rentals in this area
also have made Saks officials
cautious, Mr.. johnson indi-
cated.
] Reports circulated here and
in New York that Saks was
negotiating for a tract near the
Lord & Taylor store, which
opened on Western avenue nez-
Wisconsin avenue last Septem-
Der 80.
Some speculation pointed to a
tract just north of the Chevy
Chase Shopping Center along
the east side of Wisconsin ave-
nue, but an official of Chevy
Chase Land Co., which owns
he tract, pointed out that it is
not zoned for commercial and
said he knew of no negotia-
lions for this site.
Reached by telephone in New
York, Mr.. johnson said his
company is interested in pos
sibilities of the Washington
market, but is in no hurry. The
company now has 20 stores and
IS planning additional stores in
two other cities. Neither of
shese is Washington, he said.
Saks has no fixed policy as to
building its own stores or leas-
ing them in shopping centers,
he added. 1t has both types
1 operations.
Evening star., 1960-03-31
Larry Nathan Heads
CIothiers Corp.

Larry Nathan of Bruce Hunt
Co. OF Washington has been
elected president of Clothiers
Corporation, it was announced
following the annual meeting in
Chicago.
The corporation is a Nation
wide cooperative organization
Of Independently owned quality
mems and boys stores now in
its 33d year.
Evening star., 1960-03-31
Credit Union Assets
Show Sharp Gain

Combined assets of Federal
and District credit unions in
this area have reached a new
high of $83.171,300 up $14.S
million from a year ago. it was
announced by the District
Credit Union League, which will
hold its annual meeting at the
Statler-H Hilton Hotel tomorrow
and Saturday.
Member savings jumped to
$72 ,576,400 from $60,040.832 in
the last year and members
loans moved up to $65.9 million
from s51.8 million. he said.
League unions now have 1885,
006 members in this area, a
gain of 19,480 in the year.
Evening star., 1960-03-31
Honor for Kuufmunn

Cecil D. Kaufman, president
Of Kay Jewelry Stores, Inc.
and a member Of the Board of
Overseers Of the Albert Einstein
College of Medicine at Yeshiva
University in New York, will be
honored for his efforts on be-
half of the college at a dinner
tonight in New York.
Evening star., 1960-03-31
Coal Group
Hits dumping
OF Oil, Gas

The National Coal Policy
Conference reaffirmed its strong
opposition last night to the
dumping of residual fuel oils
along the East Coast and drastic
price cutting on industrial gas
by pipelines in times Of low
demand.
George H. Love, board chair
man of the. group, which in
cludes coal operators. mine
union officials and the coal
carrying railroads, called on
Congress to draft a national
fuel policy which would assure
fair competition among various
fuels, including coal.
Coal production in 1859
dropped to only 410 million
tons, about the same as in 1899,
he pointed out. Only 180, 900
miners were required to mine
the 1859 output while 422. 900
were required in 1899, he added.
Starving Conditions Cited
Many experts believe an an
nual coal output of at least
500 million tons is necessary
to maintain a vigorous and
healthy coal industry, he said.
Starving conditions exist in
some coal areas and thousands
of valuable miners who might
be needed in a future national
emergency are being lost per-
manently to other occupations,
he warned.
During January and Febru-
AIRY 81 per cent of the entire
first half-year's quota for 1860
was imported and this may
herald a breakdown of the en-
tire quota system for residual
oil imports, he said.
I'VE have suggested that
such imports be limited to the
amount brought into the coun-
try in 1857 which was a year
OF great industrial activity
here and a year during which
more residual was brought to
our shores than ever before, )"
he added.
Scores Price Cuts
Price cuts by the gas pipe
lines in times of low demand
also represent unfair and dis
astrouS competition. he said.
This natural gas is too valu-
able to the public to be
temporarily used for these in
ferior purposes and sold for as
little as one-third the price
you and I pay for the gas
that heats our homes merely
to give a few pipelines 100 pei
cent load factor" he said.
The conference had planned
to present a 1893 Samuel John.
son edition of Shakespeare,
plays to John L. Lewis ir
honor of his leadership in the
founding Of the conference.
Because of the illness of his
brother. A. D. Lewis, Mr.. Lewis
was unable to attend. Thomas
Kennedy. president of the
United Mine Workers. received
the gift for Mr.. Lewis.
Joseph L. Fisher, president
of Resources Of the Future, tolc
he conference a reduction In
coal transportation would en-.
courage greater consumption
With a big increase in power
needs anticipated in the next
is years, costs could be cut
substantially by locating new
power plants at the mines, he
suggested.
Evening star., 1960-03-31

If you registered to vote
here four years ago, you do
not have TO re-register. How
ever, you must keep your
registration card up to date
at all times so that 1t will
show your correct name, ad-
dress and party affiliatiOn.
Evening star., 1960-03-31
Soks Fifth Avenue
Finds Area zoninq
flinders Store Plans
By DONALD b. HADLEY

zonng which provides only $50 feet back from the street
tor commercial development has major problem
saks Fifth in its search for site for its first Wash
tngton store.
This disclosed last night by Raymond Johnson
tive president of the York chain who said his
Evening star., 1960-03-31
OVER COUNTER

Washington listings on over-the-
counter markets furnished bv the Ma
tional Association Of Securities Dealers
as Of / pm. Thursday, March 81:
Evening star., 1960-03-31
TREASURY BONDS

NEW YORK. Mar. 81 CAP).-Yester-
days closing Over-the counter United
States Government Treasury bonds.
Evening star., 1960-03-31
FOREIGN EXCH'GE

NEW YORK, Mar. 81 (AP).-For-
eign exchange rates tGreat Britain and
Australia in dollars, others in cents
and decimals Of q cent?:
Today Prev. Day
Evening star., 1960-03-31

Los Angeles and London, Eng
land.
Evening star., 1960-03-31
MUTUAL FUNDS

NEW YORK, MAI. u (AP).-hstisasI Asss-
ristion Securities Dea'ers, Inc.
Rid hSked Ria AShRd
Evening star., 1960-03-31

Jeconds.
Partially tax exempt.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1960-10-15
The President
The White House

Mr.. President:
Every American is extremely
proud of the outstanding job that
the eminent DR.. Ralph Bunche is
doing for our great country in
the United Nations.
Certainly, this wonderful
American has distinguished him
self on every assignment that he
has undertaken. and the entire
world looked upon the United
States with an ultimate of res
pect when DR.. Ralph Bunche was
first appointed in 1858 TO his emf
nent position as Under Secretary
for Special Political Affairs in
the United Nations.
Mr.. President, sixteen nations
in the continent of Africa have
attained independence in 1860
Additional nations will soon de
clare their independence.
| feel, and | am certain most
Americans feel, that our State
Department should look to our
vast Negro population; both in
the North and in the South of
our great country, for other Ne
groes to follow in the footsteps
of DR.. Ralph Bunche.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1960-10-15
WSU Program Commemorate
Hungarian Reuoh' M Year

Participates of the October
uprising who are now studying
al Wayne State will participate
in the program along with many
local Hungarian groups and re-
representatives. of IL captive ma
tons.
Speeches will be made by Go
vernon G. Mennen Williams and
Detroit Mayor Louis Miriam, VINO
have issued proclamations Tor
Hungarian Freedom Fighters
Week" Keynote address will be
delivered by DR.. Ferenc YAH,
co chairman of the Freedom
Fighters in New York Dr. Har-
Ian L. Hagman. dean OF admin
stration at Wayne State, Will re-
present University President
Clarence b. Hilberry.
Also present will be Major
General Bella Kiraly, who is exc
cutive president of the Hungar-
ian Freedom Fighters Fedora
ton. Inc, member of the Hun
garian European Nations. lie is
a faculty member in the history
nj Columbia Univer-
sity.
Welcoming remarks will be
given by Leslie Macy, chairman
OF the program. Other partlcl-
rants: Ii. Gov. John b. Swain
son. Senator Philip Hart wal
Tor Reuther and Eugene Kovesdi'
president, Detroit branch oil the
Freedom Fighters.
Letters will be read from Pres.
ident Eisenhower, Vice Presidenf
Nixon and Senator John =. Ken
nedy. Music for the program
will be provided by The Wayne
CONCERT Choir, directed BY Hs'
roId a. TsIImsn. and The Wayne
symphony orehesirs, directed by
Rebert Lawson. The entire pro-
ursm will be tapped for re-brosd'
cast via Radio Free Europe
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1960-10-15
Non-Portison Political
School For Public

East side Dctroiters will have
'ne opportunity to attend a non
partisan political discussion which
% being offered free at Eastland
shopping Center Auditorium. The
purpose Of the two-hour session
" wnl be to inform citizens Of the
history and current methods Of
level.
discussions will be held on Tues
Ways ~ and Thursdays at 500 pm.
VI ~, october 8. IL. IL. IS. 20. The
p p' is invited to attend any
session convenient for them and
may make reservations by call
ms III 5000. This project has
sn organized by the William
!, !, y. h.ennedy-for-S State senator Com
w.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1960-10-15
UNI Engineers
In Great Demand

ANN ARBOR = University of
Michigan engineering graduates
are more in demand than ever,
according TO the annual engi-
ncering placement report.
This fall requests from en-
pioyers for interviews with stu
dents are up 10 per cent already
from sol requests to 55l.
And over the past year, in
creases in demand for UNI engi-
nCers have been reflected in in
creased recruiting activity and
higher salary offers. especially
for those with high scholarship
and advanced degrees, reports
Assistant Prof. John G. Young,
director OF engineering place
ment.
The number Of employers who
made visits TO the U-M College
OF Engineering for recruiting
purposes was 599. up ~ per cent
from the previous year. The ave.
rage salary accepted by bsche-
Ior's degree recipients in engi-
neering was $524 month, up
2.3 per cent; and salaries ac-
cepfed by masters degree hold
ers averaged S655 a month. up
9.5 per cent.
Offers to doctoral degree hold
crs averaged 1888 an month. an
increase of 65 per cent over
the year before.
THE most intense demand was
noted in the research and de
velopment areas. as indicated by
the higher offers made for high
scholarship and advanced de-
grees.' Professor Young said.
Put requirements in the de-
sign and application areas were
also strong, as evidenced by in
creases in comparison with last
year"
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1960-10-15
Ray Eppert Is Speaker
For Brotherhood luncheon

starting as a shipping clerk. He
proved TO be super salesman
of business machines who relied
on complete knowledge OF his
product and his customers needs,
enthusiasm, hard work and good
planning.
He also applied his successful
super craftsmanship TO community
service, becoming one of Detroit S
civic leaders. Expert has served
as a volunteer leader for the
United Foundation, Boy Scouts,
Boys Clubs, Junior Achievement.
Polio Foundation. Mental Health.
Safety Council, Harper Hospital.
Hillsdale College. Detroit Medical
Center, waterfront development
and many other civic programs
for making Metropolitan Detroit
a better place in which to live and
work.
Brotherhood Dinner proceeds
will be credited TO the $105.000
annual program budget of the
Michigan Region of the National
Conference of Christians and
Jews. The Detroit Round Table
is the largest program unit of
the NCCJ in Michigan.
Other local chapters are located
in Grand Rapids and Ann Arbor.
Some $50 communities in the
state which annually observe
Brotherhood Week receive assist
ance from the NCCJ for their
local programs and most of them
obtain additional services through
out the year. according to Robert
NJ. Frehse, executive director.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1960-10-15
HonOrs WSV Press

Cited for its impressive pro-
gram of publishing Michigan his
tory and biography" the Wayne
State University Press has been
honored with an award from the
Historical Society of Michigan.
Director of the Press is DR..
Harold A. Basilius.
The award was given at the
Society's annual award luncheon
held Saturday. Oct. 8, at Albion.
Mich. The presentation noted
that the offerings of the WSU
Press have appeared in distin-
guished formal" and have been
marked with variety"
Among the recent publications
OF the Press are: Vinegar Pie
and other Tales of the Grahd
Traverse Region, Freshwater
Fury, Michigan's Past and the
Nations Future, and A History
Of the Newspapers Of Ann Ar
Dor, 1929 1920.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1960-10-15
Forum Series
Drama Rehearsal

The Cuitura Committee OF Sc
cond Baptist Church will open its
l960-6l Forum Series. presenting
The Case OF HUMANITY VS..
PONTlUS PLATE by Cox. Hub
ley. and Tressler Is humaniiys
trying Plate for his crime against
Christianity in ordering the cru
clifton Of Jesus Christ. October
30, 3lst.
The drama VIII introduce out
standing talent in the Community
and in the church in leading
Biblical character roles. This will
be a jury trial with jurors chosen
al random from the audience.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1960-10-15
UN[F Scholarship Tests
Set For MoH 3C-Dec. II

the CIEP examination results.
Or. Mays said 30 Of the 80
uNcF members will participate
in the testing. An expected g.
600 TO 1000 candidates from
more than 200 high schools will
take the tests.
The examinations are open TO
high school seniors and to a
limited number of juniors and
sophomores Of exceptional abb
lty. The examinations will be
given in 265 centers across the
country. The Educational Test
ing Service Of Princeton, NJ.
handles SCORING and intcrprcta-
ton Of results.