davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-05-01

II you are an enthusiastic sales
man, age 80 to So, and have zest
for big achievement, we can offer
real opportunity for substantial
earnings in constructive educa-
tlonal selling as DISTRICT MAN
AGER Of our WASHINGTON terri
tory. We are the Oldest and larg-
est in our field with over Sc years
Of leadership. THIS is OUR BIG
GEST YEAR.
Selected applicant will be thor
ouEhlv trained by Field Manager
and will receive continued Home
once cooperation. Successful
promotion plans assure adequate
leads. No door-to-door canvaSSing
Our District Managers enjoy COM
munity prestige and the co-opera-
ton OF a large student body.
ThiS is an agency franchise with
full territorial protection. No in
yeStment in franchise required.
Verv attractive compensation
plan can assure annual net in
come from $4,000 to bevond
$4,000. Cash advances against
commissions. While not essen
tial, home-Study selling experience
helpful. Give full information and
phone number in reply. Field
Manager here to interview ouali-
ned applicants. Box lac. Star.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-05-01
HELP MEN

ENGINEER, 9Th class, eolored. 10
live in. dependable and sober.
with good refs man who wants
q good Job, apply ABC REALTY
CO., 29O9 i4th ST. NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-05-01
HELP MEN
DRUG CLERK, experienced only:
2.3O 10 II shift. excel. oppor
PARKLANDs DRUGS, 10. 1-llll.
DRUG CLERK

Full or part time positions IN new
store opening soon. DRUG expert
enCe and drivers license required
Union scale and company benefits
Apply Mon a-5 at PENN-DAW
COOP. Kings hwy. 1t Rte. /
South OF Alex.
DRUG CLERKS, exper., TOP salary
70 right parties; no Sundays. refs.
Apply in person, Mr.. LEWIS.
1910 New York ave ne.
ELEC CRITICAL ENGINEERING
CRAFTSMAN. experienced in wiz
ing for buildings. For consulting
ensineeTS once Elk. 3-12l5: Sun
day OIL 6-S552
ELECTRICIAN AND HELPER. with
commercial and Industrial eXpe-
rience. HIRRLINGER ELECTRIC,
22O3 Claiming ST. ne.
ELECTR0NlC TECHS, NO FEE
exper. supervision and trouble
shooting of cleo mech devices
COLUMBIA EMPL.. 1871 @ NV
n FCTPONTCS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-05-01

FOREMAN
CONSTRUCTION

COPY WRITER, direct mail and
mail order Experienced for pub
fishing firm. Good starting salary.
Opportunity. 5-day week. En-
ployee benefits. Send resume to
Box 224-C, Star.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-05-01
ENGINEER AsSISTANT
ENGINEER

Nonresident exper. in air condi-
tioning and all phases OF main
tenance in new apt. project
Good salary. Call JU. 5-4664
between q and 4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-05-01
HELP MEN

CONCRETE CONTRACTOR. 10 IN.
stall patioS for home improve
ment co. on sub-contract basis,
Write Box lg7-A. Star.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-05-01
HELP MEN

IBM ADVANCED OPERATOR. take
chsrge Of machine room, experi-
enced on 407, 602, 54s. 514 0S5,
with alpha GENERAL ELECTRIC
CO. la. $3.50.
Evening star., 1960-08-02
MissiIes-Jets, Axe
Consolidation Pushed

Consolidation of Missiles-Jets
and Automation Fund, 1735 De
Sales street NV, with Axe
Science & Electronics Corp.
Tarrytown, N. Y, will be com
pleted early this month. This
follows approval by sharehold'
ers of both firms Of merger
plans. Missiles Fund has as.
sets of $4.5 million.
Officials said total net assets
of Missiles Fund and Axe sci
ence amounted to S18,764,00C
on July l and the total of the
five Axe-sponsored funds to-
gether with Missiles Fund to.
tailed 1921 million. They ex-
planned to provide continuity OF
management of the two funds
a new investment adviser will
be formed by shareholders of E
w. Axe & Co., the Axe Science
adviser and by MisSiles-Jets &
Automation Management Co
Andrew G. Haley, president anc
and director of Missiles Func
will be vice president and di'
rector of the new advisory com
pany and Theodore Won Kar'
man, Missiles Fund board chair
man will join Axe Sciences
board of directors.
Evening star., 1960-08-02
Boeing Net
Is TripIed

SEATTLE. Wash, Aug. 2
AP).-Sales by the Boeing
Airplane Co. to June 80 totaled
.$8l7,463.295. William A. Allen,
president, announced today.
Mr.. Allen said earnings to-
tailed $10,260,056, equal to SIPS
a share. A dividend of Is cents
a share was declared. 1t is
payable September 9 to stock
holders of record August IL.
Boeing's 1859 net earnings
for the comparable period OF
1859 equaled $3,778,984, or 4S
cents a share.
Mr.. Allen said the improve
ment this year primarily re-
flected reduced costs of the TOT
and 720 jet transport programs
Boeing'S first-half sales in 1885
were $68l,432,522.
Mr.. Allen said untitled orders
totaled about 81 billion or
June 80.
Evening star., 1960-08-02
Tom KiIIefer Joins
Export-Import Board

Tom Killefer, a former men,
ber of the California and
Washington law firm of Lillick,
Geary. Adams and Charles, took
the oath of Office yesterday as
a member of the board of
directors of the Export Import
Bank of Washington and its
first vice president.
He replaced Lynn U. Stam-
baugh, who reached the man
datory retirement age for pres
idential appointees. Mr.. Killefer
is a Rhodes. scholar, holds
degrees from Standard Univer-
sity. Harvard and oxford. He
has made a specially of mari
time law, is a former combat
naval aviator. won the Navy
Distinguished Flying Cross, the
Navy Air Medal and the Purple
Heart for his World War II
service.
Evening star., 1960-08-02
Gibbs Again Heads
Gibbs Medicine Co.

Thomas R. Gibbs was re-
elected president of the T. R.
Gibbs Medicine Co., Inc, Fiji
teenth and H streets, NE. at
the annual meeting yesterday
and told stockholders second
quarter sales jumped more than
As per cent ahead of last year,
More than 10000 drug stores
throughout the country sell the
products of this Washington
manufacturing firm. Mr.. Gibbs
said that while there have been
enticing offers to merge with
other drug manufacturers,
there will be no merger. He said
instead the firm will continue
to consider absorbing other
drug products manufacturers.
Evening star., 1960-08-02
CHICAGO
LIVESTOCK

CHICAGO. Aug. " tAPD CUsDA.-
Hogs 1000; slow, butchers steady to
20 hisher; sows steady to - higher
with advance on weights under 400
lbs; limited shipping demand mixed
butchers 1s.50-la.OO, around 400 head
at 1900: mixed lots ! y and 2-:i l9O-
20 lbs l1.T5-1S.5O: mixed 81 and rs
310-3O0 lbs l6.50-l 500: load mostly
is 3l9 lbs l.! 80; mixed grade 2-3 and
rs 300-4n0 ID sows l5.OO-l1.225; mixed
"-3 and Is 40O-550 lbs l3.15-l5.3!5.
Cattle. 1000; calves, 100: slaughter
steers stead dy; heifers steady to weak;
cows STEADY; bulls p to 81 lower;
yealers steady to weak: stockers and
feeders steady; load lots high choice
and mixed choice and prime steers
:5.0O-"7 30; load Of mixed high
to average choice -. .50-a5 -: most most
average choice 25.O0-25.7S a load of
average to high choice 900 lb year
llnGs 26.50: mixed good and choice
:4.Oo-25.15; a few a5O-l ,O5O ID year
ltnas $500 mixed standard and good
- ;a5-2: 80; standard l.n73 lbs II p;
mixed cutter and utility $50 lb fat
steers 11.10; small lot prime l.05O lib
hcifers 800; most good to choice
u .j0-@5.0U with choice largely 2fO0-
300: few mostly choice ,OOO-1 100
lbs n; ;30-24 90; utility and standard
100 90; utility and commercial
1900; Gamers and cutters ii So
300: utility and commercial bulls
l6.25-l9.5O; GOOD and choice veaiers
?3uO-26 40; culls down to l3.Ou: a
load of medium 4S5 lb stock steer
calves - 90; part load GOOD 300 lb
steer calves - 90: a load of medium
Of mixed medium a3s lb feeding steers
2235
Evening star., 1960-08-02

II wanted no revolution here, "
he recalled.
The company Immediately set
about increasing it's stock of
proprietary products" which
Mr.. McFall defined as things
a customer wants and for
which he looks to you as the
expert"
Starting with three such
items, the Maryland division
added 10 others in its first year
and a half. 1t is now a spe-
cialist in such fields as instru-
ment landing systems. a posi-
ton indicator for ships, a type
Of "speedometer" for vessels
and electronic countermeaS-
ures (radar jamming).
Nearly all the divisions busi-
ness is with the Government,
and about 80 per cent of that
is under contract to the De-
fense Department. According
to unofficial reports. division
sales will exceed $40 million
this year. Litton's total volume
is expected to be about $3.50
million.
/ Much of the Maryland divi-
sions effort is devoted to de-
velopment of new products.
"A lot of companies fall in
J love with something they make
Evening star., 1960-08-02

tend free lectures. Ask simple
questions and demand simple
answers which make sense to
you.
When you buy a common
stock of a corporation, you be-
come a part owner of that cor
poration. In return for your
share in the corporations busi-
ness, you usually get dividends
If the business goes well.
When you buy a bond of a
corporation (or State, city.
etc., you become its creditor.
In return for your loan, your
corporation. ETC., usually pays
you a specified amount of in
terest year.
distributed 1860, by the Hall Syndi-
cate, Inc. All Rights Reserved
Evening star., 1960-08-02
TALKING OF BUSINESS : @"s .4..
Litton Stresses Scientific Teams
Over Production by Lone Sovonts
BY WILLIAM MacDOUGALL
Star stan Writer


'Nobody's a hero by him
self" declared a boyish-looking
scientist, Russell w. McFall.
You have to give credit to this
whole organization for its ac-
complishments."
Although he was talking
about the company he heads.
Litton Industries Maryland Di-
vision, Mr.. McFall might we'll
have been talking about the
Nations research effort in gen.
eral. In a day and age when
most of Americas scientific
efforts are a product of team
work, the Won Brauns, Fermis
and Kellers are hard to find.
Mr.. McFall, the former man.
ager Of a 2,500-man force
which helped develop nose
cones for the Atlas and Thor
missiles. knows full we'll that
most scientific challenges are
too complicated today to be
solved quickly by one man.
1T takes for more than that"
he observed. IAN organization,
to be successful, has to work
365 days a year. There are no
shortcuts. It's mostly a matter
of practice and hard work"
Patient Arbiter
Mr.. McFall, general manager
of the College Park plant and
a vice president of the Cali
ia-based Litton concern, is
a skilled administrator, a con-
vincing salesman for his cor
poartion and a patient arbiter
Of company problems.
I listen to our employees
complaints" he said, land l
listen carefully. When some
body has taken the trouble to
complain, his problem, no mat
ter how small it may seem to
you. is important to him. On
the other hand, can't be Dear
Abby to 604 people, so l ask
the supervisors to solve most of
these problems-or at least ex-
plain the reason for them"
Problem solving was one of
his Specialties when he arrived
on the scene at College Park
after Is years with the General
Electric Co.
Friends at Litton induced
him to head their newly formed
division. Composed of two COM
panies, the Maryland Electronic
Manufacturing Co. and the
Ahrendt Instrument Co., the
organization officially was
Joined to Litton on January
/, 1858.
Personnel Affected
Our problem then was merg-
ing two self-Sufficient opera
tions," Mr. McFall explained.
Some OF the employees had to
step down a notch"
He made the transition easier
by setting up an organization
chart and placing it in opera
ton gradually.
Evening star., 1960-08-02
Vickers Again Extends
CdpitoL Suit lime

Another extension, this time
to October 16. has been agreed
to by Vickers Armstrong;, Ltd,
for Capital Airlines to reply to
its bankruptcy proceeding in
Federal District Court in New
York.
In the interim, the Civil
Aeronautics Board will have
time to act on the proposal that
Capital Airlines and United
Air Lines, Inc, merge. Special
meetings of stockholders of both
companies are being planned,
probably by October Is. Vickers
contends Capital is in default
for 1888 million on Viscount
aircraft it sold the Washington
airline.
Evening star., 1960-08-02
Hardest Job

Such incentives are highly
important to the success Of a
corporation, according TO the
scientist, who began his busi-
ness career as an Evening Star
newspaper carrier.
A restless, imaginative man
who says an executives hardest
job is to keep his patience, Mr..
McFall is constantly on the
move-overseeing his company's S
production and research, inter-
viewing customers for a feel
of the constantly changing in
dustry and deciding on new
projects.
A realist, he comedies that
his company has problems and
lots Of them - a concession
most executives are loath to
make in public - but that, he
says, is what makes his job a
challenge.
Everybody has problems" he
insisted. Those companies that
won't admit them are either
not growing or too stupid to
recognize them"
Evening star., 1960-08-02
BUSINESS
BRIEFS

Business Failures In the
week ended July % totaled 293
compared with 259 in the pre-
vious week and 252 in the like
week a year ago.-Dun & Brad
street.
Installment Credit increased
by S342 million in June, after
seasonal adjustment. The gain
was slightly larger than in
May. but far below the $3.50
million rise in April. Federal
Reserve Board.
Construction Contracts over
the Nation totaled a record
S2.4 billion in July, down 1870
from June. but up So from
July a year ago.-Engineering
NeWS-Record.
Evening star., 1960-08-02
Record Set
By Sofewoy
In4Weeks

Safeway Stores, Inc. an
nounced sales for the four
weeks ended July 16 were
greater than any in its history,
totaling $194,145,217, a 2.6 per
cent gain. The comparable four
weeks of 1859 recorded total
sales of 189,2 9,258,193, which then
established a record.
officials said Sideways sales
for the % weeks ended July
16 were 81, 1,308,542.249, an in
crease Of SIS per cent over the
corresponding 1859 period when
they totaled $1.240,271 1888.
There were 2,183 Safeway
stores in operation as of July
l6 as compared to 2,142 as of
July 18. 1859.
Evening star., 1960-08-02

SuI Gu uLluCI GIlCll Jul lSulCllOIl
this year in the entire Nation.
There we're only three such
bank closings last year, they
recalled. FDIC has been ap-
pointed liquidating agent Of the
Oklahoma State Bank Com
missioner.
In the case of the Oklahoma
bank, FDIC Chairman Jesse P.
Wolcott said:
The corporation will begin
payments of their insured
claims to depositors of the bank
as soon as records can be veri-
fed. Each depositor is protected
by Federal deposit insurance to
a maximum of $4,000. 1t is ex-
pected to take no more than 10
days until payments to deposit
tors commence"
FDIC officials said assets of
the bank will be liquidated with
due concern for the credit con-
T ditions of the community. The
closed banks deposits are esti-
mated at about 81 million.
Washington officials said that
in Oklahoma, an extensive
shortage was discovered in the
bank by FDIC examiners, who
continuously check the &C
counts of insured banks over
the Nation. They pointed out
most of the failed banks are
. due to embezzlement or defal-
cation-generally an inside job
with juggled books.
Cites Value of Insurance
Chairman Wolcott, a former
Michigan R Representati a tiv e,
pointed out that where a bank
is not insured and fails, all the
community feels the disruptive
results.
!. He declared: Without de-
posit insurance and without the
benefit of deposit insurance
and in the event of a failed
bank. doubt and fear could
quickly weaken the web of con-
fidence that sustains our bank
ing system. After all, it is conf
dence that sustains our banking
system. Every industry has a
stake in maintaining public
confidence, but none so large a
stake as banking. For banks
deal in promises. not in goods.
and confidence is the essential
element in every promise.
Federal Deposit Insurance
has done a great deal to foster
The confidence that is so vital
to the American banking
system.
The first step in cushioning
the impact of the occasional
bank failure is to make de-
posits available promptly. 1t
is possible for the corporation
to do this only because it can
in effect stand in for the bank
creditors and can wait for
whatever reimbursement may
in time be made. This pro-
cedure avoids the pressures for
hasty liquidation which for
merly characterized bank fail
Evening star., 1960-08-02
Earnings

E. I. du POnt de Nemours in
6 months ended June 80 earned
S202,878.274 or $4.32 a share
VS.. $216.o50,691 or $4.61 in
1859 period.
Chesapeake e. Ohio Rwy. in
7 months ended July 7 earned
S23.109,000 or $2.82 a share VS..
SGT 7,028,000 or 1891 in 1859
period.
KLM-ROyal Dutch in IL
months ended June 80 earned
$3.9 million or $2.70 a share
VS.. $3.5 million or $2.41 in
1859.
Hearst Cons. Pubs. in 6
months ended June 80 had a
loss of S2.219,400 VS.. a loss of
$l,l41,100 in 1859 period.
Other earnings included:
For 6 Months Ended June 30
Evening star., 1960-08-02

and forget all about doing any,
thing else" he said. I'VE aren't
going to make that mistake"
Location Advantageous
Mr.. McFall. who was born
in Rock Island. ILL.,. but was
graduated from Washington's
Roosevelt High School and the
University of Maryland, says
Washington is an attractive
area for our business"
Many companies outside the
Washington area have difficulty
attracting scientific help to out
of-the-way locations.
But we have had no trou-
BILE like that here" he said.
All of our people are extreme
ly happy with the location"
The company has made good
use Of Washington area COL
leges by encouraging its en-
ployes to take job-related
courses. With tuition costs
fully borne by Litton. nearly
20 per cent Of the division S
employees have taken advan-
tage Of the educational pro-
gram.
Evening star., 1960-08-02
YOUR
MONEYS WORTH
Ignorance About Stocks
~ SYLVIA PORTER

On March l, 1855, the New
York Stock Exchange issued
the most extensive survey ever
undertaken of the puplic's at
titudes toward owning stocks.
1t highlighted the news that
II per cent, or more than rs
million Americans couldn't de-
scribe a common stock. and
80 per cent of those who owned
stocks acturally didn't know
what sort of investment they
held
That survey helped spur the
Exchange into spearheading an
expensive campaign to inform
American adults about stocks
and the pros and cons OF own
ing them.
Today the exchange issued
its first updating of that ini-
tial survey. It discloses the
news that now rs per cent, OF
79 million American adults
can't even define a common
stock, and still SO per cent who
own stocks don't know what
sort of an investment they
hold.
Little Improvement
Little measurable progress
has, been made, understates
the Exchange.
In addition to the millions
who own common stocks, the
study indicates another 49,
million are "on the threshold
of investing" and on top oi
this, another 22-million are
interested" in investing in
stocks.
The gap in knowledge pre-
sents an enormous challenge.
emphasizes the Exchange rresi,
dent, Keith Funston. Our goa
is clear: Not merely more in
vestors but better Informed in
vestors as we'll"
Ignorance can breed danger.
Gus bias and bigotry in finance
as we'll as in social life.
In his official report, Mr.
Funston UNDERSTANDABLE &C
cents the surveys positive as
pects-the upsurge in the mum
ber who'd like to invest, thl
large percentage who believ,
there should be more stock
holders. etc.
Most Indifferent
But the lack of information
is to me the news. incidentally
SO per cent of all adults sa.
they never have talked with {
STOCK broker either IN perSol
or on the telephone.
In 1855, Wall Street was star
tied by the finding that Il
million adults wanted to know
more about stocks. In 1860
the finding is that SO milliol
want to know more, and mos
want to start from the begin
ming and go slow" Okay-th,
way to start from the begin
ming is to start from the begin
ming. Read the simple what
how-why-whe pamphlets tn
exchanges and many top-notcl
brokerage firms offer free. At
Evening star., 1960-08-02
Dart Drug to Open
10th Store Tomorrow

President Herbert H. Haft of
Dart Drug Corp. announced it's
10th store will officially open
tomorrow in Lexington Park,
Md.
He said another new store
at 4009 South Capitol street,
should be open in about two
weeks. Two more new stores
should be in operation by the
end of August. the president
said. and locations will be an
nounced in the near future.
Evening star., 1960-08-02
METALS

NEW YORK. Aug . AP).-Spot
nonferrous metal prices today: Copper
- cents pound Connsectieut Valley
Zinc l3 cents pound. East St. Louis
Tin s :04ss a pound, New York. For
eign silver al9a cents per troy ounce,
New York. Pittsburgh scrap steel No.
80. .00-3l 90.
Evening star., 1960-08-02
Depositors Protection
By FDIC illustrated
In Closing of Bank
BY WILLIAM A. MILLEN
Star stan Writer

The Federal Deposit Insurance Corp has practical
illustrate to the public how 1t when
and pays off the insured depositors
The Capitol Hill State Bank Oklahoma City, Okla,
closed July 29 by the State Bank for liquidation
FDIC officials here said this the closing bank
Evening star., 1960-08-02

ures. This is the method which
is best calculated to preserve
values, avoid disruption of
markets and maximize recov-
cries"
Evening star., 1960-08-02
FOREIGN
EXCHANGE

NEW YORK. Aug. (AP) P).-For-
eign exchange rates OGreat Britain
and Australia in dollars. others in
cents and decimals OF a cent?:
TODAY Prev Day
Evening star., 1960-08-02
OVER COUNTER

Washington lstinss on overtime
counter markets furnished b. the Ma
tional Association Of Securities Dealers
as OF l pm. Tuesday. August -
Evening star., 1960-08-02

SGIll!Lll!
:. EXPANDS
FOREIGN OPERATIONS
INTO AUSTRALIA
II continues TO serve:
" Transportation Construction
Agriculture . Petroleum
Public Utilities General
Industry and Government
better with Rockwell STANDARD:
AxIes Trunsmissions
Torque ConverteB
leuf and Mechanical Springs
Bumpers . Cushion Springs
Brakes Forgings Stumpings
Grating Universal Joints
Executive Aircraft
Lighting Standards
Gas und Liquid Filters
DIVIDEND NOTICE.
The Board of Directors has
today declared a regular quar-
terly dividend of fifty cents
(50c) per share on the Com
mon Stock of the Company,
payable September 10, 1860
to shareholders of record at
the close of business August
is, 1860.
A. A. Finnell, Secretary
July p, 1860
Evening star., 1960-08-02
Dear Washington Doctor:

Washington Doctor
Company established a
ready with ideas
Decorating and furnishings to design and
a new look for offices
You of course, of the great interest
and have in fine furnishings, and of
prestige gained by having patients
sit in graciously furnished reception
We underst tand the whole philosophy of design and
application particular practice When you
consider decorating offices refurbishing
old office, call will be
delighted and supply complete layouts
and estimates your decorative needs.
Please call Hecht Co., National $500,
5374, will personally
convenience.
Sincerely,
AA4I 81 Izn.~.-.1,..<Q-
L. Hammond, aid.
Contract Division
Evening star., 1960-08-02
MUTUAL FUNDS

NEW YORK, Aug. q AP).-NationaI Asso-
eiatiou Securities Dealers, Inc.
Evening star., 1960-02-21
VARIETY SHOW

This is the time Of year when Washing
ton area teen-agers venture into the
glossy, glamorOus world Of show-biz.
Many 20 onStage to show hitherto un-
suspected dramatic and musical talents
and often, in the process, to contribute
to a worthy cause. At a recent variety
show given at Falls Church (Va.) High
School, the students exhibited their
skilIs in numbers ranging from flamenco
and can-can dances of foreign origin to
strictly home grown beatnik and hobo
rOutines. The show is an annual event
and is done to provide an art scholarship
for a member Of the graduating class
Star Staff Photos by Ranny ROutt.
Evening star., 1960-01-22
Minor-Swunson

Mr.. and Mrs. Henning
Gustav Swanson of Monte
video, Mimi, announce the
marriage of their daughter
Carole Jean to Mr.. Robert
Center Minor, son of Mr.. and
Mrs. William Arthur Minor
of Silver Spring. The we'd
ding took place December 81
at Salem Lutheran Church
in Montevideo. The couple
will live in Washington.
Evening star., 1960-01-22
GuskiII-Cook

Mrs. Charlotte C. Cook
announces the marriage of
her daughter Sandra Jean
to Mr.. Dale Thomas Gaskill,
son Of Mr.. and Mrs. Alfred
Thomas Gaskill of Cleveland.
The wedding took place jan
uary IS at Sacred Heart
Catholic Church. The couple
will live in Moscow, Idaho.