davidaulloa/AmericanStories huggingface dataset:
The Nome nugget. [volume] (Nome, Alaska) 1938-????, 1960-06-15
Powers Letter, to
Wife Says He's
Well Treated

MILLEDGEVIULE, Ca, R =
The wife of an American flyer
imprisoned in the Soviet Union on
spy charges said he had written
her that he is being treated we'll.
Barbara Gay Powers, Is, said
she received the letter May 81
from Francis Powers, 80, in reg
ular mail. 1t was postmarked May
26 in Moscow.
DIR. James Baugh, Mrs. Powers
physician, read her statement at
a news conference at Milledge-
vile, where she is staying at the
home of her mother.
Baugh said the envelope had a
return Moscow street address. He
said the letter showed no signs
of having been censored. The let
ter itself was not made public,
and Baugh read Mrs. Powers pre-
pared statement on her impress
sions of it. The statement said:
"The letter originated in Mos
cow and was dated May 26. The
letter was written in Gary's hand
writing and did not appear to be
restrained. He described his first
sensation of coming down in a
parachute, landing and receiving
minor skin wound on the face.
Gle was taken into custody. A
lady physician treated his wound.
"a few days after his capture
he was taken on a tour of Mos
cow and shown the remains of
his plane. He described Moscow
as beautiful city.
"My husband has no idea of
his ultimate fate. They have told
him he will be tried in accordance
with the Soviet code for espion-
age. Conviction carries a sentence
of seven years to death.
81 am hopeful that my husband
will be returned soon. l am con-
stantly praying that Premier
Khrushchev will reunite us as he
as in other cases.
"a great deal of the letter was
concerned with personal things"
Baugh, answering questions
after reading the statement, said
Powers had encouraged his wife
to visit Moscow He said the So
Wet government has said his rel
atives can come, and that he
needs them more during and after
the trial.
The Nome nugget. [volume] (Nome, Alaska) 1938-????, 1960-06-15
Herter Reveals
Soviets Built Huge
Espionage Ring

WASHINGTON, Up - Congress
was told Monday the Sino-Soviet
bloc states maintain an espion-
age ring made up of some 100000
trained officers serving in q in
telligence and security services.
Secretary Of State Herter said
in statement submitted to the
Senate Foreign Relations Commit
tee that no government in history
"has placed heavier emphasis on
espionage" than the Soviet Union.
His statement, submitted to the
Senate by Sen. ]. William Full
bright, was offered for consid-
Grafton in the committees forth
coming report on its inquiry into
the shooting down Of the w spy
plane over the Soviet Union a
week prior to the Paris summit
meeting.
Herter sent the 23-page state
ment to the committee as "a
source of ready reference.
1.-THE Soviet Union" he said,
''has built the largest of all intel
ligence machines and maintains
an unparalleled network of agents
throughout the world"
In recent years, Herter said,
some 800 individuals in II diff
ferent countries of the free world
have been convicted of espionage
for the Soviet Union.
The Nome nugget. [volume] (Nome, Alaska) 1938-????, 1960-06-15
City Council
Meeting News
Remodeling City Offices

|
The City has received no bids
on the remodeling of the City
Building. Negotiations are now
under way for Ivan Johnson, con-
tractor, to furnish the labor and
the city to furnish the material so
that the remodeling may be COM
pleted as soon as possible for the
Light and Power Utilities office
to move into the building.
$l.2s0 For Fire Equipment
The Volunteer Firemen SUBJ
mitted figure of $3.50 for new
and needed fire equipment, in
Guiding hose and nozzles, as well
as a radio for the fire truck, and
such purchases were authorized
by the Council.
The School Budget and the ap-
plications for new Police and
Fire Chief were tabled until a full
Council could be present. There
were only four Councilmen at the
meeting.
In the matter of request to
lower the age of taxicab drivers
no change was recommended.
Upon request of the Standard
Oil Company, the Council issued
a statement that six years is the
time requirement to keep records
of sales tax.
Free Garbage Service
The towns clean : up project
was reported very successful, es-
pecially at the east end of town,
and some consideration is being
given to providing garbage serv-
ice for those who cannot afford
to pay for the service. Bids will
be asked from the sanitary serv-
ices for some way of handling
this matter.
Due to the resignation of Chief
Ode Stamatis, Dale Boehler and
Jim Carter, both former patrol
men, have been hired until such
time as a new Chief is selected.
City charges against Stamatis
are to be dropped, the Council
decided.
Await Census Report
| Developments on the water and
sewerage project are temporarily
suspended, pending completion of
the 1860 census, to ascertain the
percentage of Native people liv-
! ing in the community.
The Nome nugget. [volume] (Nome, Alaska) 1938-????, 1960-06-15
U.S.-Japan Treaty Gets
Fast Committee Approval

WASHINGTON, Up = The SEN
ate Foreign Relations Committee
gave speedy approval yesterday
to the new U. S.-Japanese secur-
ity treaty.
The treaty was approved with
out dissenting vote in a closed
session that lasted only 20 min
utes. The action cleared the way
for sending the treaty to the floor
of the Senate for ratification.
Evening star., 1960-09-29
DIVIDENDS
CHICAGO
LIVESTOCK

CHICAGO, Sept. 30 (AP) (USDA) -
Hogs, 5000; active, butchers steady to
mostly 25 higher; Sows steady to 25
higher; mixed lots l.: 200-240 ID
butchers l7.75-179O; 123 head. 1-2
2l0-220 lbs 1900; mixed , and 2-3
2O0-2S0 lbs 17.25-17.S5; fair shipping
demand; early clearance on all classes;
mixed grade l-3 and mixed 2-3 300
400 ID. sows l4.75-l6.25; mixed grade
2-3 and IS 4O0-550 lbs 13.75-15.25.
Cattle, 1000; calves, none; about 80
per cent of the receipts stockers and
feeders for the feeder auction sale
Friday; salable supply increased by
1,000 head slaughter steers carried
from Wednesday; choice and prime
steers steady at Wednesdays decline;
good and below steady to 25 lower;
heifers steady; cows steady to 25
lower; bulls weak to mostly so lower;
vealers steady: a load of high choice
to mostly prime l,175 lb slaughter
steers $3.50; load of choice and low
prime 1,O5S lbs $500; load lots choice
and prime l,215-l,435 lbs :3.50-24. 30;
load mixed good and choice 1,150 lbs
1850; most good steers 21.75-23 .25;
few S25 ID utility grades 1000; a
few mixed choice and prime heifers
"A .00 good and choice 21.00-23. 90;
utility and standard 10000. so; util-
ity and commercial cows 13.50-16.00;
Gamers and cutters 10.50-l4.00; util-
ity and commercial bulls 16.50-l9 90;
good and choice vealers 22.00-25 90;
bulk of the available stocker and
feeder supply intended for Friday s
auction.
Evening star., 1960-09-29
Security Storage Head
Joins 25-Yeor Club

Philip Larner Gore, president,
Security Storage Co., became g
member of the company's rs
year club at a ceremony yester-
day.
George Russell Brown, oldest
active employe of the opera
tional staff with 48 years of
service, welcomed Mr.. Gore into
the club. The club now has II
members and their total service
aggregates 41S years. Around
35 per cent of the company's
employees have been there 10
years or more.
Mr.. Gore Joined the company
in 1885 as an inventory clerk
and worked in every department
before becoming president in
1855.
In honor of the 25th ami
versary, officers and directors
of the company honored Mr..
and Mrs. Gore at a dinner at
the home of Board Chairman
Clarence A. ASpinwall and Mrs.
Aspinwall.
Evening star., 1960-09-29
PEOPLE
BUSINESS

Col. Lawrence M. Bath, USA
retired, has been named man
ager Of the Dorchester Apart
mentS in Arlington.
Miss Ida Lansden of Alex
andria, has become home Serv-
ice director Of the Washington
Gas Light Co. as successor to
Miss Ruth Sheldon, who re-
tired after 80 years of service.
Jack Carter has been ap-
pointed manager of precontract
engineering and marketing for
Jansky & Bailey, division of
Atlantic Research Corp.
Alan M. Nedry, Washington
attorney and tax specialist,
has been named director of
state income and franchise
taxes for Gulf Oil Corp, effec-
tive October /. He succeeds
the late Benjamin B. Bastian.
John w. Urey of Arlington
has been promoted by Mutual
Life Insurance Co. of New York
to its home Office in New York
for special managerial training
Wallace r. Fish has been
named regional group manager
for its Washington group in
surance office. He has been
district manager.
Evening star., 1960-09-29
BankLOans
Climb II Pct.
Above 1859

Gross loans Of Washington's
three largest banks are around
IL per cent above a year ago,
while their deposits are up only
0.2 per cent, according to the
latest data from the Federal
Reserve Bank of Richmond.
Demand deposits are Is per
cent higher, but time or saw
ings deposits are down 3.6 per
cent.
Gross loans of Riggs Nation
al, American Security & Trust
Co. and National Bank of
Washington aggregated 1884,
993, 900 on September 81, COM
pared with 1854, ,496 900 a week
earlier and $508,538,O00 on
September %, 1859.
Deposits of the institutions
amounted to $1,091 .632 900 on
September 81, compared with
81 ,095, 100000 a week earlier
and 81, $1,0S9.756,O0O on the like
1859 date.
Demand deposits totaIed
$845, ,956,000, compared with
$3.50, ,025, 900 a week earlier and
S4.842,O00 a year earlier
Time deposits amounted to
SPAS, $4,000 VS.. $245, ,737 900 a
week earlier and $254,914,00C
a year ago.
Commercial and Industrial
loans of the three institutions
totaled $165,677. 900 on Sep
tember 81. off moderately from
$l67, 100000 a week earlier, but
20 per cent ahead of $137, ,485,-
900 on the same date last year
Evening star., 1960-09-29

from active telephone service
to accept a presidential ap-
pointment as administrator of
the new National Capital
Transportation Agency.
Mr.. Glow started with West
ern Electric Co. in 1929 as a
personnel methods analyst at
its Kearny, N. j., works. In
1882 he transferred to West
ern'S distributing house in
New York as a production clerk
and in 1885 returned to the
Kearny Works where he rose
in the employe relations di-
vision to assistant superintend-
ent.
He became controller of the
Kearny Works in 1850 and also
was named assistant treasurer
of Western Electric later in the
same year. He was named man.
ufacturing division controller
in New York in 1858, company
personnel director in october,
1854, and works manager at
Kearny in May, 1856. He was
elected vice president-perSonnel
and public relations in 1857.
Mr.. Glow is a native of Con-
necticut and a graduate Of
Dartmouth College. He and
Mrs. Glow have three sons,
Arthur P, jr., of Carthage,
N. Y; Stanley H. of Kansas
City, Mo-, and Richard C. at
home.
Evening star., 1960-09-29

CUTS, shebang, gooD and used
abbreviations like govt" and
"Sup't."
They also enjoyed the feeling
Of urgency; his letters looked as
if they had just been ripped
from the typewriter, complete
with an illegible signature. VAN
ity played a part, too, for Kip's
letters suggested you were get
ting special treatment. "Circu-
lated privately to businessmen"
they declared in their masthead.
Knew Thurber "When"
The originator of this lucra-
tive new form was born in
Bellefontaine, Ohio population
10000, pronounced -fount-
NJ. He studied journalism and
economics at Ohio State Uni
versity where he knew the later
famous James Thurber. Kip
confesses he saw no talent in the
fellow. HE was always drawing
those screwball sketches of dogs.
We used to throw them in the
wastebasket to clear the table
for other activities" he la
ments. I'D like just one dog
sketch now. but I don't have the
nerve to ask Thurber."
After a stint with Associated
Press in the old Star Building
during World War I, Kip turned
to free lancing. He was corre-
spondent for a New York bank,
and space was short, so he tried
a telegraphic style. He under
lined words instead of writing
headlines, dishing out his own
opinions along with news. 1t
was only a short hop from this
Evening star., 1960-09-29
Kay JeweIry Sales
Rise, but Net Drops

Kay Jewelry Stores, Inc, had
record sales of more than SGT
million in its fiscal year ended
June 80 but earnings were re-
duced sharply by expansion
costs.
This was reported yesterday
at the annual stockholders
meeting by President C. D.
Kaufman.
Net income for the year
amounted to 1868, ,9O6, or $1.14
a common share after taxes,
compared with $1,121,382 or
$2.0l a share in the previous
year.
Sales expanded to a record
$27,564,713, compared with
$24,364,643 in the preceding
period.
Mr.. Kaufman told stockhold-
ers the reduction in earnings
was due mainly to expenses
connected with opening 13 new
stores and five leased depart
mentS.
Evening star., 1960-09-29
Capital AirHnes
Merger Is Backed

The minority Capital Share
holders Association, which has
been attempting a proxy fight
on management of Capital Air
lines, has announced it's sup
port of plans for merger of
Capital and United Airlines.
Capt. Charles Beatley, COM
mlttee chairman, said a survey
of around 1000 members of his
organization indicates approx
al. Many pilots of Capital
were members of the group.
Capt. Beatley said his group
represents about 10000 of the
100000 outstanding shares SO
far as he knows is the last
organized group of stockhold-
erS which could have opposed
the merger.
Evening star., 1960-09-29
By TRUMAN r. TEMPLE
Star Stan Writer

II you want the real dope on
what's up at 1929 H street NV.
today it's an anniversary.
The Kiplinger Washington
Editors are celebrating. And
with good reason. Here's why:
Cd Thirty-seven years ago
they launched the weekly Kip
linger Washington Letter &.
Strictly a red ink operation for
six years. :
CD Today the whole shebang
is prospering -. Figure
around $40 million gross for go
and you won't be far OF.
Who's the guiding hand here?
Who started it all?
If you recognize the above
clipped, staccato style, you know
the answer is a highly success
full publisher named Willard
M. Kiplinger, who at SO re-
mains one Of the most original
forces in United States journal
ism.
Daring Style Then
From the start, Kip, as his
friends call him, apparently
operated on the theory that his
readers were in a hurry. Ac-
cordingly, his Washington Let
ter stuck to four pages and
kept its language simple. 1t
sounds easy now, with a host
Of rival publications also ters-
ing things down, but it took
daring to write this way to
an audience Of bankers and ex-
ecutives back in 1923.
Mr.. Kiplinger is the first to
admit that he sometimes
groped. II wasn't sure what I
was trying to do" he says. But
we found people who liked our
work, and still do"
LOrded With Opinion
A controversial earmark of
his letters was the strong dose
Of opinion sprinkled in every
paragraph. THAT violated all
the rules Of newswriting," he
says. "but I felt a reporter
couldn't tell everything if he
were restricted to the facts, and
I still think so. I was young
and full of prunes in those days,
but this was an obSesSion with
me-"
The businessmen who read
Kip's letters evidently liked to
be handed conclusions, to be
shown the trends often OBJ
scured in the daily flood of
news from Washington. Here
was somebody who talked their
lingo in slangy English (e.g.
Evening star., 1960-09-29

not pay of for some time, a
successful new product is a key
answer to rising profits.
More and more are going in
for cost-cutting both in fac
tories and in Offices on an un-
precedented scale-and net by
wholesale flrings but by a slash
ing of unnecessary activities,
Tightening supervision, improv-
ing training, testing older
workers. giving direct incen-
tives, etc.
And more and more are
really stepping up sales efforts,
putting up dimes to get back
dollars in sales.
distributed 1860. by the Hall Syndi-
cate Inc. All Rights ReserVed)
Evening star., 1960-09-29
2 Promoted at Bank
OF Silver Sprino

Two new officer promotions
at the Bank or Silver Spring
were announced yesterday by
President Warren H. Lasher.
Named assistant cashiers were
Paul Homenda, 80, of Silver
Spring, and William B. Selby,
80, of Chevy Chase, Md.
Evening star., 1960-09-29

of an intake of $8,540,000 in
last year. The asSocia-
tions had $1,O47, 100000 of in
vested savings of 398,339 inves-
tors on August 81.
The associations settled mort
gage loans of $23,907, 900 in
which was well below
$27,99l,000 of settlements in
August last wear.
Evening star., 1960-09-29
YOUR
MONEYS WORTH
Worst Boom in Profits
SY SYLVIA PORTER

In 1853 the president of a
West Coast chamber of COM
merce was asked how the re-
cession was affecting his city.
He said: Recession? We have
no recession here. But I must
admit we're having the worst
boom in 20 years"
That remark, aptly describes
what is happening to the prof
its of many corporations today.
Profits of business firms are
being pinched to an extent few
if any experts anticipated at
the start of 1860. The stock
market has shown its surprise
with a slump. The White House
is now confesSing its shock by
sharply downgrading the off,
cial estimate of the tax take
from corporations this year.
1t isn't that most corpora
tions are reporting losses. They
are not. Overall, corporate
profits before taxes in 1860 are
likely to approximate or be only
slightly under 1959S record
high.
Sales Still High
1t isn't that sales of corpora
tionS are falling. On the con-
trary. the majority of corpora
tions in all but a few fields
expect sales in these final
months of 1860 to be near or
at new peaks.
What is happening is that
it's tougher to make a profit on
a record volume of sales than
in many years. The pattern of
earnings reports being issued by
company after company day
after day is: Sales up, profits
down. -. Higher gross, lower
net.
This is the background of the
familiar financial expression
profits squeeze. This is behind
the judgment that 1860 will go
down as a year of "boomless
prosperity" And this explains
the discomfort among so many
industrialists worried not about
the totals of their profits but
about their trend.
To blame what's happening
on rising wage costs is to over
simplify the situation to the
point of distortion. Actually in
many factories, unit wage costs
of production workers are prob
ably perceptibly down this
year. The pressures that are
occurring are coming from
climbing costs of white collar
workers and from the fixed SAL
aries Of employees in research
and development where the
work done doesn't necessarily
pay of Immediately.
More important in this prof
its squeeze is the inability of
most corporations to raise
prices in the face of fierce
competition at home and from
abroad.
None of this is new to the
corporations involved, but what
is new to the Nation is that for
the first time since World War
II, increasing numbers are
making solid efforts to meet
the profits problem.
Companies Have Plans
More and more companies
are concentrating spending on
modernizing plants.
More and more are pushing
new product research and de-
velopment in full recognition
that. while this spending may
Evening star., 1960-09-29
BUSINESS
BRIEFS

Bank Clearings in 26 leading
cities in the week ended Sep
tember % totaled $27,566,253,-
900 compared with $31 ,496, $780,
900 in the previous week and
24.6 per cent above like week
a year ago.-Dun & Bradstreet.
Business Loans by member
banks in the week ended Sep
tember 81 totaled $31,572,000.-
900. up $265 million from the
previous week and up $2,196,-
100000 from the like week a
year ago. Federal Reserve
Board.
United States Exports in Au-
gust totaled $l,622, 900, 900 COM
pared with $1,699, 900, 900 in
July and 1897, 900, 900 in Au-
gust, 1859. - Commerce De-
partment.
Construction Contracts over
the nation in August totaled
SO, ,295,217,0 900, up TO from
1859; for 8 months $24,399,- :
20l 900, down SO from a year
ago.-F. w. Dodge Corp.
Winn-Dixie Stores, Inc. sales
in 4 weeks ended September II
totaled $56,184,236, up 4.5%
from 1859; for IL weeks ended
September II $165, 5,922,488, up
4.8G6 from 1859.
Earnings
Tennessee Gas Trans. in IL
months ended August 81 earned
$50, 9,13l ,786 or $1.32 a share VS..
$47,216,128 or $1.O3 in 1859.
N. Y, N. H. G. Hart r. r. in 8
months ended August 81 had
a loss of $9,590,039 VS.. a loss of
$5,765,861 in 1859 period.
General Tire G. Rubber in 9
months ended August 81 earned
6,272,4 ,431 or $3.50 a share VS..
$20,320,567 or 1919 in 1859
period.
Pennsylvania Railroad in 8
months ended August 81 had
a loss of $4,904,176 VS.. earnings
Of ST, 1892, ,446 or IA cents in 1859
period.
Smith-DouglaS Co. in year
ended July 81 earned $3,535, ,683
or S3.48 a share VS.. $2,749, ,079
or $2.75 in 1859.
City Stores in So weeks ended
July 80 earned $2,603,000 or
$1.00 a share VS.. $2,581 900 or
.S1.02 in 1859.
TIKI Oil Corp. in 9 months
ended August 81 earned ST.
955,7l6 or 35 cents a share VS..
SO, ,156, ,438 or 81 cents in 1853
period.
Continental Motors Corp. in
g months ended July 81 earned
81 ,075.050 or 80 cents a share
VS.. $2,475,5 SGT or rs cents in
1859 period.
Other earnings included;
f., o E-aoL 'ot
Evening star., 1960-09-29
EC Commitments
Rise to S42 Million

International Finance Corp.
increased the Ramber of it's
investments from 20 to 80 in
the fiscal year ended July l
and the dollar volume of it's
commitments rose to $42 mil
lion from $21 million, the
annual report disclosed today.
Evening star., 1960-09-29
Drug Fair Directors
Declare Dividend

Directors of Drug Fair
Community Drug Co., which
operates Drug Fairs in this
area, yesterday declared a divi-
dend of 10 cents a share on
common A stock, payable Oc-
tober 81 to holders of record
October 7.
Robert Gerber also was re-
elected board chairman and
Milton L. Elsberg was renamed
president at the boards ninth
annual meeting.
Evening star., 1960-09-29
Associations Report
Increased Sovinqs

District savings and loan as
sociations received more saw
ings in August than a year ago,
but their lending volume fell
short of the same 1859 month,
the Federal Home Loan Bank
Of Greensboro reported today.
The "a associations, all of
which are members of the
Home Loan Bank System, re-
ceived $3l,967,000 of new saw
ingS in August, while with
drawals totaled $23,146,OO0.
The resulting net intake of
$8,821 900 was 3 per cent ahead
Evening star., 1960-09-29
GEICO Affiliate Votes
REGULAR Dividend

Government Employees Corp,
an affiliate of Government
Employees Insurance Co., has
declared a regular semiannual
dividend of 40 cents a share
on capital stock, President L.
A. Davidson announced.
The dividend will be paid
November Is to holders of rec
ord November 3:
Evening star., 1960-09-29
VEPCO Earnings Rise
Above Year Aoo

Net income of Virginia
Electric & Power Co. amount
ed to $2,525,552 in August,
compared with $2,323, ,488 in
August last year, the company
reported.
Net for eight months of this
year aggregated $2O,092,1ll,
compared with $18,O21,093 in
the same 1859 period.
Evening star., 1960-09-29
New Yorker Added
To Sov-Mor Board

Herbert Lane, tary-
treasurer of the C. F. C. Fund
ing, Inc, of New York, has been
elected to the board of directors
of Sav-Mor Drugs, Inc. it was
announced by President Albert
Pearlman.
Mr.. Pearlman also announced
the acquisition of the Jefferson
Village Pharmacy and Graham
Drugs in the Falls Church CVaO
section to be taken over on
Saturday, October l.
Evening star., 1960-09-29
METALS

NEW YORK. Sept. 20 (AP).-spot
nonferrous metal prices today: Copper
- cents a pound, Connecticut Valley
Zinc 13 cents a pound, East st. Louis.
Tin 1.02h a pound, New York. For
eiRn silver 91ss cents per troy ounce,
New York. Pittsburgh scrap steel No.
Age at 31.00-32 90
Evening star., 1960-09-29
.CGP EIevotes Glow
To Vice President and
,. c. Operations Heed
BY DONALD B. HADLEY
Star Financial Editor

Arthur P Glow vice president of personnel and publ
relations Western Electric Co. in New York has been elected
vice president director of the Chesapeake Potomac
Telephone Co., effective November l.
will be charge of CP operations in the District
of Columbia He H Vogel retiring
Evening star., 1960-09-29
OVER COUNTER

Washington listings on over-the-
counter markets furnished by the Ma
tional Association of Securities Dealers
as of l pm. Thursday, September 20;
Rid Asked
Evening star., 1960-09-29
TREASURY BONDS

NEW YORK (AP)-Noon over the coun-
ter U. 5. Government Treasury bonds,