davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-02-16
Earnings

Columbia Gas System in year
ended December 81 earned $40
BIT 900 or 81 AZ share VS.. S38,-
087 900 or $1.4l in 1858.
Douglas Aircraft Co. in year
ended December 81 had a loss
of $33,822,0Oo compared with
earnings of $l6,847, ,028 or SAL
in 1858. Heavy costs for the
DC8 jet airliner were blamed
for the loss.
Quaker Oats Co. in 6 months
ended December 81 earned ST.
606,554 or $1.93 a share VS.. ST.
388,098 or $1.86 in 1858 period.
American Enka Corp. in year
ended January 3 earned S.
723,278 or $4.3l a share VS.. ST.
364,853 or $1.O2 in 1858.
National Airlines in 6 months
ended December 81 had a loss
of $2,331,722 VS.. earnings of
$7l8,917 or As cents in 1858
period.
Other earnings included:
For Year Ended December n
Evening star., 1960-02-16
Interest Rises Again
On ol-Duy Borrowing
BY the Associated Press

The interest the Government
pays on money borrowed for
three months rose for the first
time in six weeks with yester-
days weekly offerings of
Treasury bills.
Offers on the $l.2 billion is
sue of 9l-day bills averaged
4.045 per cent. This COM
pared with 1868 per cent last
week-the lowest level since
last August.
Bids for the $400 million of
182-day bills averaged 1924
per cent. The rate a week ago
was 4.094 per cent.
Evening star., 1960-02-16
N. Y. PRODUCE

NEW YORK. Feb. 16 tAP) UsDA).
Butter offerings liberal Receipts
36S,O0O. Prices unchanged
Cheese steady. Receipts 332 600
Prices UNCHANGED.
Wholesale egg offerings fully ample
Receipts 25.60O New York spot quota
tions follow Mdwestern: mixed colors:
extras t4S-5O lbs) 29-3l; extras me-
dium 2S-29: standards large 21I2-
2Sl2: checks 24-25. Whites: extras
C4s-5O ibsJ 1899; extras medium
2S-29: Browns: extras t4S-50 lbsJ
81 -33ia.
Nearby: whites: top quality (4S-5O
lbsl 30l2-34: mediums 2S-2al2; smalls
% 3i7-24ia. Browns: TOP quality C4s-5O
lbsl 33-34l "a; mediums 32Ia-34; smalls
ohla-oIl
Evening star., 1960-02-16

IA Ore Wash r RN Is 50 9e4lS
Pacific G & Z SIS 81 1o1lh
M PanAmWAir cv 45bs79 s6I>s
"a Peoria & e Is 60 o6yb,
Phillips Pet cv 4IIs 81 1o7lA
70 Pot Elect cv 39ts 70 loe
"a Pub Ser E & C 3s So S3IIz
r c A CIV 3lzs 80 125lh
- Reading Co 3lSS s5 90
Rheem MFG 31ss rs 0oIh
~ Richf'd Oil cy 43ts SO ia
St L & S F IS zoos 7oiz
"a Scott Paper cY Is II eolh
"a Sears Roeb Co 49ls 50 esz6
~ Sears Roe Accep IS 81 1o1Ih
"a Sinclair cv Ass 86 SO
Smith COro CIV 5lIs 70 1o2
70 South Pacific AIS So s5lA
~ South Pacific AIS 81 953z
~ Southern Rw IS "a 1o1Ib
"a Surface Trans IS II 80
"a ThOmp Prod cv lIts82 Ill
h Union Pacific 2t7s 81 66lh
"a West Penn Pwr 3l7S 66 93
FOREIGN 2:2o
" Australia 5lzs 70 lo2Iz
Australia IS 7S o5zs
u Australia gas 81 963z
~ Austria 5I2s 70 S3lz
Colombia IS 20 7oiz
IA Credit + Fran SI2s 79 100
IA Italian Pub Util IS n 7lss
Southern Italy 5Izs "a oeIs
" I'm So Africa 4ltS IS S5IS
Evening star., 1960-02-16
Big GIN Issue

NEW YORK, Feb. 16 (AP).-
General Motors Acceptance
Corp. said today it is filing a
registration with the Securities
and Exchange Commission COW
ering 500 million of 21-year
debentures. Morgan Stanley &
Co. will head a Nationwide
syndicate of underwriters.
Evening star., 1960-02-16
BUSINESS
BRIEFS
Business Failures in the week

Business Failures in the week
ended February II totaled BIT
compared with 318 in the pre-
viouS week and 292 in the like
week a year ago.-Dun & Brad
street.
Dewey-POrtland Co. stock
holders approved sale of as
sets of the company to the
Observation-Disclosures Co.
LatrObe Steel Co. filed regis
tration with the SEC for sale
Of 10000 shares of capital
stock to the public.
Evening star., 1960-02-16

Yale&Tow1. so 8 33h 53M 33M- ~
Yng Sh&T az Ill 1924 loeiz-2%
YnsstStDr la IL 21M 2l 21l4- IA
ZemthR 6Oa AZ 95lz 92A s2lA-3
Hourly Sales on the Exchange
II 90 am. $40 600 Noon 30 600
100 m. 500 900 2:OOp.m. oeo 600
Unit of trading 10 shares on sales in
full. Rates of dividends in the foregoing
table are annual disbursements based on
the last quarterly or semi-annual decla-
ration. Unless otherwise noted, special
or extra dividends are nCt included
Also extra or extras. Annual rate
plus stock dividend. Declared or paid
in 1853 plus stock dividend. Declared
or paid so far this year PAYABLE in
stock during 1859, estimated cash value
on ex-dividend or redistribution date.
Paid last year. Declared or paid
after stock dividend or splitup. DE
clared or paid this year, an accumula.
tive issue with dividends in arrears
p Paid this year, dividend omitted, de.
ferred or no action taken at last dividend
meeting. Declared or paid in 1860 plus
stock dividend. Payable in stock during
1860, estimated cash value, on ex-dividend
or ex-distrlbution date. y Liquidating div
idend. cid Called. EX dividend. KIDS EX
distribution. Xr EX rights. XIV Without
warrants. WV With warrants wd When
distributed. wi When issued. nd Next day
delivery. q In bankruptcy or receivershIp
or being reorganized under the Bank.
ruptcy Act, or securities assumed by
such companies.
Evening star., 1960-02-16
CHICAGO GRAIN

CHICAGO, Feb l6 AP) ).-Liouida-
tlon gradually increased all around to-
day on the Board of Trade and grain
futures slipped major fractions in
spots in all pits while soybeans were
down a cent or more most of the
time
About noon, wheat was I.ss cent
a bushel lower. March 81 $685.: corn
l7-'4 lower. March Sl1254: oats 3a-7s
lower; March. 727s; soybeans u lower,
March So 10la
Chicago Cash Markets
No wheat or soybean sales. Corn
No. 3 yellow 1.0S4-14; No yellow
ST .05-Sl2: No yellow 9Sia-1 03la:
sample grade yellow 95ia. Goats No. .
heavy white "A; sample grade heavy
white (tough) II: No. | extra heavy
white 76; No. 3 extra heavy white
14l2: sample grade extra heavy white
20. Barley: Mailing choice Isl .25n;
feed 4S-1 ! On
Evening star., 1960-02-16
N. Y. COTTON

futures were mostly lower today. Quiet
conditions in spot cotton induced some
further selling in current crop mopths
After losses extended to SO cents a
bale. the July delivery recovered par
TALLY on spot house buying.
Only distant 1861 crop October fu-
lures showed a gain in the early aft
ernoon.
Late afternoon prices were As cents
bale lower to cents higher than
the previous close March, 80 g5.
NAV 81 0n. and JulY. g II
Evening star., 1960-02-16
ODD-LOT TRADING

NEW YORK, Feb Is tAP).-The
New York Stock Exchange reported
| today these odd-lot transactions by
principal dealers for February ! ). Pur-
chases Of 366. .5i9 shares, Sales of
2s2,353 shares including 5000 shares
sold short
Evening star., 1960-02-16
NEW YORK CITY
EUrnishsd BY the Assoeisi,

3s 80 ee
DOMESTIC 7:7o
Allegheny Lud CIV Is 81 1o33A
Am Tel 4 Tel SIS SO 1o2
Am Tel & Tel 49Ss S5 965z
Am T & 7 CIV 4zS 73 2ll]k
Am Tel & Tel 2Sss 86 713A
ASso Invest Co 51ss SO 1ol
AtlanRefin CIV AIS 81 lo43h
Avco Mfg Co cv SIS 79 12o
B & o CIV Ais 201O A u
Beth Steel CIV gas 30 1S6
BOeing Aire cv 4las 30 9o%
Burroughs cv 4izs 81 1854
Canad Pacific Is perp oolA
Case J ] cv Sis 50 JOB
Ger dePas ev S1zs 70 Io4
Chi & E III inc CIV SIS 81 -
c NJ S p & p SIS 2O55 65M
Cities Service Is n -
Colo Fu&Ir CIV 4JSs n 100
Columbia Gas 59ss 81 lob
Columbia Gas SIS 80 1o1
Comb EnEin'g 3ssS 81 9S
COnsOl Edison SIS 81 1o1A
Consol Edison CIV Is 70 1864
ConsoI Edison 3Izs SO e4la
Copperw ST. CIV IS 70 1854
Douglas Aircraft IS 78 94z6
Douglas Airc CIV Is n 81
Erie r r IS 2020 A
Erie r r CIV 4lzs 2O15 42sb
Gen Am Tran cv IS 81 1S9
Evening star., 1960-02-16
NEW YORK BOND MARKET
INCLUDES MOST ACTIVE ISSUES

Gen Mot Accep SIS n
Gen Mot Accep 37ss 81
Gen Mot Accep IS so
Gen Mot Accep 294s 81
Gen Mot Accep IS 80
Gen Mot Corp 3I4s 70
Glidden Co 434s 80
Grace & Co CIV 3lzs rs
Huds 4 Mani ref IS 81
Huds & Mani inc SIS 81
Int Miner cv 3.65S n
Inter T & 7 cv 47ss SO
TIE Cir Bk cv 4lls 80
Libby Mcneil cv IS rs
Lockheed cv 3aks 80
McDermott CIV IS y
MerT Chap cv as rs
Mo Pacific SIS 2045
Mo Pacific 49[s 2O20
Mo Pacific 49zs 900
Mo Pacific 4Ils 30
Mo Pacific 4As zoos
Nor & ES 3lzs 1000
National Steel 4sss SO
N Engl T & T 4Ias 81
N Y Central SIS 20I3
N Y Central 4lzs 2Ol3
N Y Central Is SO
" Y N H Is 2O07
Mia Mob Pwr Ass 81
North Pacific IS 2047
NOrthrop cv 5s 79
Northrop cv Is rs J
DIN Math cv 5Izs 81 J
Evening star., 1960-09-22
Mr.. BoIond Presiding

On several grounds, the United
Nations has made a f1rst-class choice in
electing Frederick H. Boland of Ireland
to the presidency of its 18th General
Assembly.
Mr.. Boland is a career foreign serv-
ice man, described as an excellent
speaker and a skilled moderator. Even
more Importantly In this particular
session of the assembly, in which Afri-
can problems are expected to loom large
and when understanding Of the many
newly independent nations admitted to
membership should be a valuable asset,
Mr.. Boland already has served as chair
man of the assembly's Trusteeship Com
mittee. In sense, that committee has
served as an international godparent
to many of these small and inexperi-
enced states. Mr.. Boland's own national
identity likewise favors his prospects as
presiding officer. Ireland has developed
status of independence in U. N. affairs,
much more positive than neutraliSm,
and to degree that has earned broad
respect. The new president has the
personal qualifications to implement and
expand this role at what may be a
momentous diplomatic gathering.
Evening star., 1960-09-22

appreciate more fully now the problem
which faces Washington police, not for
week or so, but all year round, In
safeguarding the constant parade Of
distinguished visitors and foreign diplo-
mats who reside in Washington or
gather here routinely for affairs of State
This, of course, is only one of many
mon municipal" demands imposed upon
the Government of the District of Co.
lumbia which justify an adequate Fed
eral payment to the District. It is an
example, too, of why it is annoying to
hear Congressman refer to the paltry
amount they appropriate annually as
contribution" to the District. It is not
a contribution; it is purely and simply
payment for services rendered-Services
which, in the somewhat plaintive words
of the New York City Council request,
are "for the benefit of all the people of
the United States"
Evening star., 1960-09-22
On Touring Russia

Although Nikita KhruShchev, who
now is holding forth in Manhattan, has
had a lot to say about the goodness of
reciprocal tourism between his country
and ours, more than few American
travellers have learned in recent weeks
that Soviet hospitality leaves much to
be desired. That understates the case.
Actually, ever since Mr. KS torpedoing
of the May summit meeting, the Krem-
lin has been conducting a spy-Scare
campaign calculated to make the aver
age Russian look with suspicion and
hostility on all visitors from the United
States.
Thus several of our citizens, includ-
ing even college girls either have been
ousted from the USSR while travelling
there or have been publicly branded as
espionage agents after returning home.
Thus, too, Kon1somolskaya Pravda, the
Communist youth newspaper, has just
completed a series of lurid articles at
tacking the notorious American way of
life" and warning all Soviet youngsters
against having any contacts with trav-
elers from our country. For such con-
facts, according to KomSomolSkaya
Pravda, involve the danger that inno-
cent Russian adolescents may be cor
rupted into liking chewing gum and
rock n roll music-a first step toward
the terrible possibility of being lured
into spy ring run by Allen Dulles, the
satanic chieftain of the evil United
States Central Intelligence Agency.
In fact, again according to Kom-
somolskaya Pravda, two Soviet youths
have already been enticed by villainouS
American tourist into trying to help the
CIA in accord with the following in
structions: Distribute Western books
and magazines . . at parties, drink
vodka and dance rock m roll, listen to
Western broadcasts and relate their
contents to others :" Clearly, the
Kremlin is leaving little room for doubt
that visitors from our country are not
really welcome in the USSR. And why
not? Well, one may reasonably suspect
that they tend to infect Russian young
sters with ideas of a sort-including the
idea of freedom-that cannot be squared
with Communist theology or with Mr..
KS current all-out drive to blacken the
reputation of our country.
Evening star., 1960-09-22
No End in Sight

In returning for new fare increase
Just six months after he got the last
one, o. Roy Chalk leans heavily on the
expression by Congress that the oppor-
tunity for the D. C. Transit System to
earn 6H2-per- return would not
be unreasonable AS Chairman Hayes
of the Public Utilities Commission corr
rectly points out, however, this conSti-
tutes something far short of congress
sional mandate, and it is gratifying that
members of the P. u c. are showing no
signs of rolling over and playing dead
when they consider the fare boost at
public hearings next week.
1t is regrettable in our Judgment
that Congress attempted to anticipate
a specific profit rate in the first place.
With the advantage of hindsight, it
probably would not do SO again. For on
the one hand this bangles an almost
irresistible piece of bait in front of D. C.
Transit. And on the other, it tends to
subvert the vital function of the P. U. c.,
which of course is to determine the
matter of reasonable return on the
basis of hard facts-not a predetermined
formula which is unrelated to either the
needs of the company or the impact on
the community.
With such formula in effect, what
incentive would the transit company
have to run an economical operation?
The new fare demand, as well as the
25-cent cash fare granted last March,
are the direct results of the extremely
liberal labor contract which Mr.. Chalk
signed last November. If a specific
profit were guaranteed, why should the
transit operators risk union trouble by
attempting to hold the line against still
more devastating. labor costs in the
future?
Actually, according to P. U. C.. ex-
perts, the rate Of return enjoyed by D. C.
Transit during the first four months
after the cash-fare increase in March is
substantially higher than was estimated
at that time. Further exploration of
these figures at the hearings should be
highly enlightening, and certainly they
indicate the need for an intensive review
to bring the entire picture of transit
finances up to date. Already, with few
isolated examples, D. C. Transit fares
are on a par with the highest in the
country and this source offers precious
little more to tap.
81 The current request to raise the
cost of tokens to four for 95'cents (Which
is no more than pittance below the
straight 25-cent cash fare) is especially
dangerous because it hits steady custo-
mers-the bread-and-b part of the
transit trade which must be protected
If the ambitious hopes for increased
transit-use here are to be realized We
hope that any change in the token price
is avoided, just as it wisely was six
months ago.
Evening star., 1960-09-22

Top spokesmen for the
Democratic and Republican
Parties in the space of three
days have given their views
on the great issue of the day
land the present political
campaign: the need for
strong leadership of the
United States and the free
world and leadership in the
cold war conflict with the
Communists. Senator John
F. Kennedy, Democratic can
didate for President, in a
Nationwide televised address
here Tuesday night. promised
that strong leadership. He
promised a new approach in
dealing with Russia's Khru-
shchev and Cuba's Castro. He
proposed that the approach
should be made from a posi-
ton Of strength. He promised
to make the United States
first in armed, nuclear
strength, first in economic
strength, and first in space
strength. 1t was an appealing
presentation of the Demo-
cratic, and his own, position.
Yet Senator Kennedy'S only
concrete proposal was to
spend more money for na-
tional defense, for space de-
velopment, for aid to under
developed countries, and for
a long list of domestic i'm
provements. The Kennedy
proposal was to present to
the Russian and Chinese
Communist leaders and their
satellites a certainty that if
they became open aggressors,
If they launched a war, the
United States would be able
to retaliate with devastating
effect. The Democratic can
didate's contention is that
the United States does not
today have that retaliatory
strength. 1t is a fact, however,
that, despite their boasts of
being able to blow the United
States of the map, the Rus
slams and the Chinese have
not gone to war. 1t is a fact
that the strength of the
United States has been and
is a deterrent. President Eli
senhower has repeatedly de-
clared we have that deterrent
strength. Vice President Nix
on, the Republican candidate
for President, has promised
that this strength shall he
retained and increased.
The Special Session Issue
On the domestic side, Sem
ator Kennedy complained Bit
terly that no appropriations
were made during the last
session of Congress to aid ir
the construction of more anc
better school rooms, and none
was made to help provide
medical care for the aged
that nothing was done Il
advance civil rights through
legislation. The Senator il
we'll aware that such appro
priations and legislation coulC
have been forthcoming hac
the heavily-Democratic-con'
trolled Congress been willing
to accept the programs fol
such domestic improvement!
made by the Eisenhower ad.
ministration. Senator Ken.
nedy is himself a member oi
the Senate, and in the recent
Evening star., 1960-09-22
Proposing q Busy Time

In his first nationally televised cam
paign speech, originating here on Tues
day night, Democratic presidential nom
inee Kennedy pledged himself to very
busy first ninety days" if he enters the
White House next January. He did this
on the premise that this rather neatly
compartmentalized period of a presi-
Dental tenure is the most important"
and he cited the administrations of two
Democratic predecessors, Woodrow Will
son and Franklin Roosevelt, to support
his point.
1t is premise that might be argued,
both in theory and in fact. 1t is correct,
perhaps, in the vernacular of contem-
porary, American politics, that project
ing an image" has become high-prior-
ity preoccupation and that the image
OF a man of action asserting leadership
Is the one most widely pursued. While
the image theme was not so expressed
IN earlier years, it is true that Mr..
Roosevelt, for example, crowded a great
deal of action and assumption of leader
ship into his first days in the White
HouSe-although historians place the
magic number at 100 in his case, rather
than the 80 set aside by Mr.. Kennedy
Even so, much of the hastily drawn leg
tSlation Steam-rollered at Mr.. RooSe-
velt's inSiStence through Congress that
temporarily surrendered a large part of
its constitutional independence was
later invalidated by courts-which had
not relinquished their independence or
their obligation. More enduring, and
possibly more constructive, aspects of
the New Deal were not born during those
100 days. And of course both Mr.. Wilson
and Mr.. Roosevelt faced far greater
crises, and asserted leadership at more
important times, later in their admin
iStrationS.
Still, there are no grounds to dis
pute Mr.. Kennedy's view that much
might be done abroad and at home
to strengthen the cause of peace and to
improve the national well-being. Up
to now, however, the Kennedy formula
has been presented only in outline. On
the assumption, challenged by many,
that we, are second. not first, in military
power he would ask Congress for greater
funds and authority" to reverse this
situation. No showing is made that
funds and authority are the missing
ingredients or that opposition exists in
any quarter to increasing productive
expenditure The disagreement exists
chiefly in the matter of selection. Mr..
Kennedy would ask other free ma
tionS for greater collaboration in aid to
under-developed regions, an approach
already made by spokesmen Of the
Eisenhower administration. And he pro-
poses an all-out attack on poverty lat
home through a complex of expanded
welfare-state programs which invite the
counter-evil of initiation and further
cheapening of the dollar.
Mr.. Kennedy handled himself well
and spoke with spirit on this first ma
tionwide telecast. Perhaps he will offer
fuller explanations in the six weeks
ahead. They would be welcome.
Evening star., 1960-09-22
THE POLITICAL MILL
What Price Kennedy's Leadership?
By GOULD LINCOLN

recessed session of Congress
held after the national po-
litical conventions he was in
effect the Democratic leader
of the whole Congress.
Whether he preferred to keep
these domestic problems as
campaign issues rather than
accept appropriations and
legislation to help solve them
is anybody's guess.
No New Approach
If Senator Kennedy has
any new approach, any new
method of dealing with the
Communist leaders, he has
not disclosed it. The
purposes and aims he has
proposed in the conduct of
foreign affairs are admirable.
But how do the American
people know he can do as
good or a better job than
Vice President Nixon, or than
President Eisenhower? One Of
the complaints of the Demo-
cratic leaders, repeated again
and again over the recent
years. is that the United
States lost ground, militarily,
economically and in prestige
among the nations of the
world. They overlook and do
not mention the ground that
was lost to the Communists
during the Roosevelt and
Truman administrations. No
mention is made of the fact
that our atomic secrets were
stolen, that China was al
lowed to fall into Communist
hands. that Soviet Russia
with its Red armies was per-
mitted to take over central
Europe, half of Germany,
half of Korea.
Henry Cabot Lodge, Re-
publican candidate for Vice
President and former Am
bassador to the United Ma
tions, in his appearance on
MICS Meet the Press pro-
gram Sunday. tore away ef-
fectively much of the Demo-
cratic criticism-indulged in
by Senator Kennedy, Adlai
Stevenson and Harry Tru-
man-alleging the United
States has lost prestige and
friends among the nations Of
the free world. AS our Am
basSador to the U. N. for
Seven-and-a-half years, Mr..
Lodge was able to point out
that world opinion, repre-
sented by the Spokesmen Of
governments, had overwhelm-
ingly backed the United
States in all major votes in
the General Assembly and in
the Security Council in the
years of the Eisenhower ad-
ministration. He confidently
predicted that a majority in
the U. N. would continue to
support the United States
position as opposed to that of
the Communists. The first
votes taken by the General
Assembly have already indi-
Gated as much. Mr.. Lodges
grasp of the international
situation, revealed in this
interview with the press, be-
fore a television audience
running into the millions, was
rated by many political OBJ
servers as a distinct asset in
the Republican campaign.