davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-11-02
Purchasing Agents
To Attend Seminar

Purchasing agents of area
research and development firms
will attend a special seminar
arranged by the Purchasing
Agents Association of WASH
ington.
First session at the Broad
moor Hotel next Monday eve
ming will be addressed by 1t.
Comdr. Joseph Wilcox.
Evening star., 1960-11-02
Marriott Hotel
ToBeEn|arged
To 500 Rooms

The twin-bridges Marriott
Motor Hotel will be expanded a
third to raise its capacity to 500
rooms and a large convention
hall will be constructed, 1t was
announced today by j. Willard
Marriott. jr., vice president of
Hot Shoppes, Inc, parent firm,
and director of its rapidly grow
ing motor hotel operations.
Already recognized as the Ma
tion's largest facility of its type.
the motor hotel will get 125
double guest rooms in addition
to its present 375 rooms and
suites when the construction
program is completed next
spring. Work will start imme-
diately.
Hall to Seat 800
The new convention hall will
have a capacity Of 800 persons
and will supplement present
private function and meeting
rooms which can accommodate
groups as large as 500 persons.
A system of Soundproof, deco
rative. 'large-Scale sliding panels
will allow maximum fiexibility
in adapting the new convention
hall to meet the wide variety Of
needs.
The new guest rooms will be
contained in a long two-story
building to be constructed along
the rear boundary Of the
Marriott property at the twin
bridges across the oPtomac
River.
The building exterior Of stone.
glazed brick. large glass areas
and panel screens Of precast
concrete. has been designed to
harmonic with existing struc-
lures. A cantilevered roof over
hang will shelter a continuous
balcony and terrace which pro-
vide access to individual rooms
from adjacent parking areas.
All new units, like those in
the original buildings, will be
soundproofed completely.
Goes On Third Floor
The convention hall will over
look the motor hotels recrea-
ton patio and will be construct
ed on a third-story addition to
an existing two-story wing,
Dramatic qualities of the room
will be accented by a 14-foot
ceiling. A stair and elevator
will provide direct access from
parking areas below.
The contract for construction
Of the additional rooms and
convention hall has been
awarded to w. M. Chappell,
Inc. Of Washington. Construc-
ton Of the additional rooms
will start at once and is ex-
pected to be completed in time
for the Cherry Blossom Festival
next spring. Construction of
the convention hall will begin
around December l and COM
pletion is expected about June
next year.
Evening star., 1960-11-02
Central Charge Has
Shdrp Sales Coins

october sales volume of Gen.
tral Charge Service, totaled
81 ,753.600, a gain Of 40.8 per
cent from $l.246, 1875 in October
last year. reported ]. P. Stede-
houder. executive vice president.
Sales for two months ended
October 81 totaled $3.400,3 800,
an increase of 4l.6 per cent
from the same 1859 period.
Mr.. Stakeholder said q
additional merchants joined
Central Charge Service in Oc-
tober raising the total member
ship to 1884.
Evening star., 1960-11-02

National. American Security g.
Trust and National Bank Of
Washington aggregated $548.-
848, 900 on October 26. compared
with $551, ,704, 900 a week earlier
and $5o4,Sl2.ooo on October 2s.
1859.
Commercial loans totaled
$167,994, 900 VS.. 68,754.000 a
week earlier and $l37.857, 900 on
the like date last year.
Deposits amounted to $1.057,-
500, 900, of slightly from ST.
OIL 100000 a week earlier, but
ahead Of $1,048,70l 900 q year
earlier.
Demand deposits totaled
$809, ,160, 900 VS.. S23,595, 900 a
week earlier and $805, $50. 900 a
week earlier and $805, $50 900
"a year ago. Time deposits
amounted to $248,342.00 VS..
$247.635, 900 a week earlier and
$242. ISL 900 a year ago.
Evening star., 1960-11-02
Restaurant Meeting
Scheduled in Capital

Four national associations
and three area organizations
will participate in the educa.
tional program of the East.
South Restaurant Convention
at the Sheraton-Park Hotel De.
cember 6-8.
They include the Nationa,
Gamers Association. Nationa
Association Of Frozen Fooc
Packers, Institutional Fooc
Manufacturing Association, the
American Meat Institute, Po.
tomac Electric Power Co.
Washington Gas Light Co. anc
the Dairy Council Of tht
Greater Washington Metropol.
itan Area.
Evening star., 1960-11-02
Capital Bank Loans
Well Above 1859

While total loans and COM
mercial loans of Washington's
three large banks were of mod
erately in the week ended Octo-
ber 26, they showed gains Of SO
per cent and 21.8 per cent, re-
spectively. from a year ago, data
from the Federal Reserve Bank
of Richmond showed today.
Total gross loans Of the Riggs
Evening star., 1960-11-02
YOUR
MONEYS WORTH
7 ToIked Into Recession?
~ SYLVIA PORTER

In a speech in Ohio recently.
DR.. Saulnier made the forecast
that, "The next decisive move
will be an advance" went on to
conclude that talk about re-
cesSion is currently having some
retarding influence on our
economy" then remarked. 'It
is not an easy thing to talk an
economy into a recession, and
honestly don't think it is going
to happen to us this time. Yet
I must concede that, that pos
sibility is being put to a very
severe test"
e implications Cited
What does this say about you
and me? 1t implies that DR.
Saulnier is "the papa who
knows best" and that the many
highly respected experts II
Washington and Wall Street
who have been openly worrying
about the recession in business
are not only wrong but alsc
Evening star., 1960-11-02

hurting US by daring to express
their concern.
It suggests his view that news
which 'does tend TO- depress
ones spirits" shouldn't be re-
ported because sit does not
brighten the economic outlook"
CDR. Saulnier's quotes).
It.comes close to saying that
q worker in a pocket Of jobless-
ness now wouldn't know condi-
tions in his, area were bad un-
less we told him so or q busi-
nessrnan whose profits are down
wouldn't know that unless We
told him so too.
This attitude flies in the face
of all the findings Of serious
studies of consumer behavior
ever made. AS one illustration.
consider these points broueht
out by the University Of Michi-
gan economic psychologist
George Katona in his book THE
Powerful Consumer:
/. You Judge business news
good or bad-in terms Of what's
happening to yourself, and If
In q generally publicized re-
cession you find that you're as
we'll or better of. you actually
think things are good" and
step up your buying. Millions
did this in the 1854 recession
and by so doing. helped to end
that downturn quickly.
Boom Wasn't Real
2. When all the emphasis is
on how good conditions are and
you, find you're not doing so
well, you think things are truly
bad" and despite the boom
talk, you cut down. Millions
did this early in 1857. and by
so doing they helped to reveal
that "boom" wasn't real.
8. You become accustomed to
bad news and good and sensi-
tive to items on the other side.
When the statistics again war
rant optimistic reports on
what's now going on, you'll re-
spond to them much more than
if you had been protected"
from the uninspiring news Of
this fall.
4. You are inherently con-
servative. rarely commit errors
Iof over-exuberance in a boom
or of over-caution in a down.
turn.
In brief, blunt summary, il
anyone can be talked into a re-
cession mood, it Is the emo
tional businessman, not the
stable consumer. And the busi-
nessman doesn't need any out
side expert to tell him what has
been happening to his profit
margin recently or how the
stock market cracked wide open
at the start of 1960-when
nearly all the predictions were
Tor glittering prosperity.
distributed 1860 BY The Hal
Syndicate, Inc. All Rights Reserved.
Evening star., 1960-11-02

S302,000. the corporation. has
suffered and will continue to
suffer losses from its operations.
Separate and similar petitions
have been filed for three sub
sidiarieS, the Mason Acceptance
Corp. Of Washington, the Ma
son Mortgage Fund Of Florida
and the Southern Mortgage Co.
The parent company's petition
lists the subsidiaries.
The parent company's petit
ton states that it is unable to
meet its debts and obligations
as they mature and as they will
mature and asks the court for
relief. It requests appointment
Of a trustee vested with the
powers of a receiver in equity
Firm Charges Fraud
The petition states that the
parent company has filed COM
plants charging fraud and
conspiracy and seeking moneys
in the Superior Court Of Cali
fornia from a long list Of ind.
viduals and companies.
A complaint also has been
filed against another Cali
fornia group and the parent
company is plaintiff in 18 fore
closure actions in Florida, tn,
petition declares.
The balance sheet for Sep
tember 80 listed parent COM
pany asests ct $948. 1866. Total.
for the three subsidiaries were
Mason Acceptance. $32,933i
Mason Mortgage Of Florida
$615,44S. and Southern Mort.
gage, $66. $50.
Mason Mortgage lists 81 mil.
lion Of authorized preferred
stock, Of which $603,600 is is.
sued and outstanding; $250,00t
of authorized Glass A common
stock, Of which $126,300 il
issued and outstanding; $2,50(
of authorized Class B common
stock, of which .233 is issuec
ond outstanding: $4,000 o.
treasury stock.
Owned BY Public
The company's 6 per cent
cumulative preferred stock l!
Ipublicly held by its clients ane
the company is registered as {
broker dealer and an issuer o.
investment contracts, including
warranties and repurchasI
agreements and the publicly
held preferred.
Both the parent compan!
and Mason Acceptance have of
fees at 729 Fifteenth stree
INV. Mason Mortgage Funt
has Offices in Los Angeles
Calf. while Southern Mortgag,
has Offices in Miami, Fla.
The parent company'S peti
ton states that it owns 96 pc
cent of all outstanding share
Of the capital stock Of tn
subsidiaries.
These shares recently wer
acquired by President Edwarl
Mason. j. Leonard Meakin an,
Edward A. Mason. And thes
men own around 80 per cent Q
the outstanding common votin
stock Of the parent company
the petition adds. OIL.
Evening star., 1960-11-02
Berens Firm Named
Adviser for ASBIC

Stockholders of Allied Small
Business Investment Corp. of
Washington have approved the
appointment Of Frederick w.
Berens Sales. Inc. to provide
Allied with investment advisory
and management services.
President George w. De-
Franceaux Of Allied told stock
holders that the firm has in
vested a total Of $l,675, 900 in
diversified small business en-
terprises and has committed
100000 for early disbursement
in pending equity capital and
long term loans.
Evening star., 1960-11-02

Of District Chapter,
American Society Of Women
Accountants at the Occidental
Restaurant on Wednesday, No
vember 8.
He will discuss internal con-
trolls for small businesses.
Evening star., 1960-11-02
Accountant to Discuss
Small Firms Controls

Michael j. Sullivan. a certi-
fled public accountant, who
has his own firm here and is
on the Georgetown University
Faculty, will address a dinner
Evening star., 1960-11-02
METALS

NEW YORK, Nov. 2 tAP).-Spot
nonferrcus metal prices today Copper
30 cents pound, Connecticut Valley.
zne cens Sea's pounS PSpnS East NsE g. oas xSTs
Tin 1.04 a pound. New York. Foreign
silver Ola cents per troy ounce New
York. Pittsburgh scrap steel No. /
heavy was quoted today by Iron Ase
Evening star., 1960-11-02
Coal Company Sold

NEW YORK, Nov. 2 (APl.-
Glen Alden Corp. announced
purchase of the operating as
sets of the Hudson Coal Co.
of Scranton. Pa, from the
Delaware g. Hudson Co. for an
undisclosed sum.
Evening star., 1960-11-02
Seubrook Merqed

NEW YORK, Nov. 2 (AP).-
Seabrook Farms Co. Of Sea-
brook. N. j., was consolidated
into Seeman Brothers, Inc, of
New York. Both companies are
producers of foodstuffs.
Evening star., 1960-11-02
Moson Mortgage Files
Petition for ! rustee !.
And Reorganization
BY DONALD B. HADLEY
Star Financial Editor

Mason Mortgage Investment Corp, Delaware
ton with Washington headquarters has filed petition in Dis
Court for appointment of trustee and reorganization
under Chapter 10 Of the Chandler Bankruptcy Act 1t
learned today ~. +.. ia- $50
The petition approved by company directors Fri
day because Of misappropraons approxmang
Evening star., 1960-11-02
OVER COUNTER

Washington hstings on over-the-
counter markets furnished by the Ma
tional Association Of Securities Dealers
as OF l pm. wednesday. November .:
Evening star., 1960-11-02
TREASURY BONDS

NEW YORK (AP) Noon over the
counter IS. Government Treasury bonds,
bid, asked, net change and yield for
Evening star., 1960-02-16

fine coach, who won in pair
figure skating for France in
the 1924 and 1928 games. But
Mrs. Heiss is the individual
who made it all possible.
Another example is Maribel
Vinson, a figure skater Of note
80 years ago. She placed in
singles at the Olympic Games
in 1928, 1882 and 1886. Today
Mrs. Maribel Vinson Owen is
not only the mother Of two
girls on our Olympic team, but
she also has encouraged and
coached others in New England
so that Boston dominated our
figure skating team selections
with the first two teams and
one in the women's singles. five
out Of the IL figure skaters.
What can be done by in
dividualS who are interested in
the expansion of their sport? =?
The Alpine (downhilD ski
events are the best examples of
what can be accomplished by
more experienced people who
are willing to work for the ex-
pansion and development of
their sport.
The tremendous develop
ment Of skiing in this country
Evening star., 1960-02-16

Catholic us basketball team
tonight becomes the first here
to finish its regular season,
playing Towson Teachers at
the Gu gym.
1t really won't be the last
game for the Cardinals, how
ever. They still have the
MaSon-DiXon Conference play
offs Saturday-just where and
against whom has yet to be
decided-and possibly, depend
ing on the outcome of that
game, the conference tourna-
ment next week for which they
are the hosts.
Meanwhile, American u,
the conference champion and
so far undefeated in six games,
hits its busiest stretch Of the
season, three games in three
days starting at Baltimore u.
tonight. Tomorrow night the
Eagles are at home to Mount
Evening star., 1960-02-16
MARYLAND
Continued From Page C-1

Continued From Page C-1
the Tigers with Bruce Kel-
leher, Paul Jelus and Jerry
Bechtle dazzling Clemson with
their quick efforts.
Kelleher's behind the back
pass to Jelus and Kelleher's
steal and layup took the life
out of the Tigers early in the
second half. From that point
it was no contest. The Terps
used their first five without sub
Stltution until 2c17 to 60 when
the second team took over an
l8-point lead.
Maryland moved into third
place in the ACC and can take
a big step toward locking up
that spot by beating Duke here
Thursday night. Maryland now
is l1-6 for the year and GA in
the conference. Clemson is 9-12
overall, 81 in the league, and
has North Carolina and N. C.
State coming up this week end.
The Terp FroSh made it l2-l
by beating Fort Myer, 84-7l, in
a preliminary,
Evening star., 1960-02-16

MuSh DubosfSky and Roger
Antaya. In that time the
Generals had only two losing
seasons, and totaled LOG vic
tories, 81 losses and 3 ties.
They had perfect records two
of those years under Makris.
winning all 10 games in 1855
and all II in 1857.
Many good collegiate players.
including some All-Americas,
have played for Boiling. Just
last season the Generals had
such stars as Eddie West Of
North Carolina State, Dan Will
liams of West Virginia and
Tony Graziano of Holy Cross.
In previous years, Boiling
rosters included such other
greats as Ralph Guglielmi,
Veryl Switzer, Joe Heap. Tony
Sardisco, Bernie Faloney, Fred
James, Minnie Mavraides,
Ernie Warlick, John Troha,
AL Dorow, Ed Fullerton, Charlie
Jones, Tom O'Connell. Lowell
Perry and Bob Schneidenbach.
Evening star., 1960-02-16
GLOVES
Continued From Page C-1

Continued From Page C-1
contenders have been scarce in
this area this year, but those
who remain to fight in the
finals are top-notch amateurs.
Ralph Jackson and Nat Tay-
lor will battle in the 112-
pound class, with Mike Loucas
and Clarence Mcfarland hav-
ing it out in the 118-pound
division. LoucaS, Taylor and
Jackson have been to the big
New York show before. McFar-
land is a veteran amateur who
can hold his own with the best.
All four of the featherweight,
lightweight, welterweight and
middleWeight contenderS, as
we'll as pair of the contend
ing light-heavyweights, will be
in action Thursday.
The featherweight semifinal-
lists are Calvin Woodland,
Lenny Green, Harold BriSter
and Jimmy Johnson.
Lightweights on the semi
final lineup are Ralph Wolfe,
Sherman Mitchell, Eugene
Hughes and Ralph Boone. Any
of these boys could make it hot
and heavy for Eastern rivals.
In the middleweight class,
four good boxers remain-Jim-
my Crews, Johnny Moore, Bill
SWaney and Alvin Green. The
light-heavyweight Semifnalists
are frankie Davis and Eugene
Welborn, and the winner will
meet Steve Szabo in the finals.
The finaliSts in the heavyweight
class are Gary lavish and
Jimmy Finley.
Five semifinal matches in
the Subnovice class and three
consolation bouts will serve as
warmups for the semiflnal
bouts.
Heavyweight action tops the
subnovice battling, with four
big fellows prepared to bid for
the title. Joe Pratt, 19-year-old
painter meets Don Lee Jones
20-year-old cartographer,
while l9-year-old Bobby Mus
sehl, trained by frankie Wills,
meets the well conditioned Allen
LucSett.
Evening star., 1960-02-16

started with the holding Of the
Winter Games in Lake Placid
in 1882. Since then there has
been a slow, gradual improve.
ment in the quality of our
skiers, and today we are Begin
ming to reach top interna-
tional levels.
There are l8 sports on the
Olympic program. In many of
them our athletes rank way
down the list in national aniis
ity. There are great opportunl.
ties for individuals to affect
our Olympic results over the
next 20 years. Don't belittle
what you as an individual can
do to help out.
For the few individuals who
can affect the top competitors,
there have to be many thou
sands Of dedicated mons and
dads who have to run our de-
velopment meets and our age
group swimming programs and
to interest the grade school
kids in some kind Of sports.
Evening star., 1960-02-16
Boiling Football. Ends
With Changes at Base

Boiling Air Force Base is
dropping football, a sport in
which it has been a service
power for the last dozen years
or so. In 1856 and ST the
Generals won the national
service championships.
The announcement that Boil
ing was abandoning football
was made yesterday by Col.
Edwin B. Miller, commander of
the base. The major factor in
the decision, he said, was the
changing mission of the base
which involves moving most of
the flying activity from Boil
ing to Andrews Air Base begin
ming next year.
Only several days ago the
Boiling coach. George MakriS,
took the job of head coach at
Temple University in Philadel-
phia. Under Makris' five-year
regime, the Generals won AZ
games. lost 4 and tied 2.
Coaches preceding Makris in
the post-World War II years
at Boiling were Jerry Teehan.
Evening star., 1960-02-16
NBA STANDINGS

RESULTS YESTERDAY
No games scheduled
GAMES TODAY
Minneapolis VS.. Boston at New York
Syracuse at New York.
81. Louis at Detroit.
Philadelphia at Cincinnati.
GAMES TOMORROW
st. Louis VS.. Minneapolis at Phila-
iephia
Syracuse 4 Philadelphia.
Evening star., 1960-02-16
WITH THE
HIGH SCHOOLS.
By DICK SLAY

years and we have always been
out of it by halftime. (Meaning
Carroll has been in a class of
its own for three years; they
have been playing each other
seven years. actuallyD
"Our object was to stay with
in 10 points. If we ever got be-
hind more than 10, we would
start to play"
Coach Morgan Wootten at
DeMatha, who is always good
for a comment, said he didn't
agree with the strategy but
that every coach has his own
theory of how to play the
game.
1T seemed like Joe wanted
to hold the ball for three quar-
ters. then try to play one quar-
ter and get lucky. figuring he
can't be lucky the entire
game" Wootten thought.
I'VE have always played a
control game against Carroll
and the worst they've beaten
us is 13 points. We slow it up,
too. and we're more particular
about the shots we take, but
when we get the good one we'll
take it. And I think we've
played Carroll interesting
games every time.
I'VE just don't like the idea
Of the other team chasing us
out of our offense," Wootten
continued. I'VE want to do
what we practice.
But I won't second guess
Joe. Every coach to his own
theory and he's one Of the
best in the city and his rec
ord proves it. What the heck,
he beat me-"
Gallagher summed it up:
I'm in this business to win
and I figured this was the only
way to do it."
AS for the paying fan, moth
ing on his ticket guaranteed
him an interesting 80 minutes
of basketball. You pay your
money, period.
Evening star., 1960-02-16

Scratch almost any Catholic
League basketball enthusiast
and you're liable to come up
with a positive reaction to the
way in which the st. Johns
Carroll game was conducted
the other night.
st. Johns played keep
away" and the spectators
yawned as Carroll won its 42d
straight just the same, 1920.
Naturally, the st. Johns coach,
Joe Gallagher. left himself
open to criticism.
But not from his contem-
porarieS. Few are the fellow
coaches who take issue with
Gallagher for the way he en-
ploys his own team-at least
for publication. After all"
says Bob Dwyer of Carroll,
you can't tell the other man
how to coach"
The paying spectator is a
different breed, however. Tuffy
LeemanS, who coaches Carroll
football, said he saw the Lions
play basketball Friday night
for the first time this season,
Il want my money back,
Tuffy roared afterward.
- y
Gallagher admitted it was
the first time he has told his
team to freeze the action in
IA years of coaching high
school basketball.
II thought that it was the
only way to win. and that's our
job," Joe said.
I'VE tried to stay close for
a half, really, but as it turned
out we stalled for two and a
half quarters. When there were
4 minutes to 60 in the third
quarter I gave the kids the
signal to play ball"
The Cadets made their first
basket with 2:10 remaining in
the third and trailed, 17-8, en-
tering the fourth.
II had secuted Carroll eight
times" Gallagher continued.
We've played them for three
Evening star., 1960-02-16
OLYMPIC OUTLOOK
By RALPH c. CRAIG

Can one American influence
future Olympic results? My
answer is a definite yes. 1t takes
tremendous interest, great
stick-to-it-iveness, the ability
to train yourself or others so
that an athletic peak is at
tained.
Let's look at the record.
Among the individuals whose
efforts have made a clear mark
on our Olympic progress, Har-
old Connolly, the hammer
thrower, is a good example.
Starting in an event in which
we had sunk to a second-rate
power after having ruled the
world for many years, Harold
by his own efforts inspired a
group of young men in New
England to really work at this
once an American-specialty.
To be a hammer thrower you
have to have size and weight,
but Harold's other natural
qualifications were not particu-
larly bright. He has a withered
left arm which is shorter and
weaker than his right. That
should have ruled him out as
a hammer thrower, but his de-
termination overcame every
thing else and he won the
championship for America in
the 1856 Olympic Games. AS
a world champion he has in
f1uenced hammer throwers all
over this country, but he and
his little New England group
really started things.
y
The mother of Carol. Nancy
and Bruce Heiss is another in
dividual who has influenced
our Olympic results. Neither a
competitor nor a coach, this
average American housewife
inspired her three children to
reach the heights in figure
skating. Carol has won several
world championships. She just
missed being 1856 Olympic
champion, but she is our best
bet this year.
Nancy and Brue show enough
promise to almost insure Olym-
pic championships in 1864. OF
course, great credit must be
given to Pierre Brunei, their
Evening star., 1960-02-16
Gu Meets Towson I onight
In RequIur-Seuson Finale

st. Mary's. and Thursday night
they bring in ToWSon.
Towson, Gus opponent to-
night, is LIP for the season
and in last place in the MD
North Division. Gu is Sc,
fourth in the South.
Baltimore U. and Mount st.
Marys both are first-division
teams in the North, while AU
leads the South. Baltimore U.
stands third at IA, and Mount
st. Mary'S is on top with 1912.