davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17

A $1O,OOO
MISTAKE
A Wall Street Journal
Subscribers Experience
After years of unsatisfactory
progress in business - earning
a few dollars here and losing q
few dollars there Il decided to
try new tactics. l decided to
broaden my outlook-to find out
more about what goes on in the
business world - to learn about
new inventions, new industries,
new ways of doing business.
One thing l did was to sub
scribe to The Wall Street Jour-
nal. Believe me, it has paid off.
The reports in The Journal
come to me daily. / get the
fastest possible warning Of any
new trend affecting my business
and personal income. l get the
facts in time to protect my in
terests or to seize quickly a new
profit-making opportunity. Last
year earned $4,000 more than
the previous year. Why didn't I
subscribe to The Journal two
years sooner? was wrong not
to. 1t was a $4,000 mistake.
This experience is not I'M
usual. The Journal is valuable
to owners of small businesses.
1t is a wonderful aid to salaried
men making $500 to $25, 900.
1t can be of priceless benefit to
young men who want to win
advancement.
The Wall Street Journal is
the complete business DAILY.
Has largest staff Of writers on
business and finance. The only
business paper served by all
three big press associations. 1t
costs $24 a year, but you can
get a Trial Subscription for
three months for 81. Just tear
out this ad and attach check for
81 and mail. Or tell US to bill
you. Address: The Wall Street
Journal, A Broad St., New
York 4, N. Y. VS. III
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17
Stocks Decline
Sharp|YDue
To Tensions
BY ED MORSE
Associated Press Financial Writer

NEW YORK, July 16.-1n-
ternational tensions this week
scared the stock market to
its sharpest decline in four
months. Trading was light.
The Associated Press aver
age of so stocks fell 4.80 to
1880, for its sharpest decline
since the week ended March 5
when the loss was ITO. The
Dow Industrials dropped 1857
on the week to 630.24.
News from Russia, Cuba
and the Congo gave traders
and investors the filters.
Things we're not bad enough to
cause a mad rush to sell-just
bad enough to keep buyers on
the sidelines in large numbers
to await developments.
The extreme caution result
ed in a'kind of "dribbling OF"
in stock prices. Selling pres
sure. though light. was per-
sistent. Scant interest at the
buying end of the market
caused some severe losses.
The i've most active issues
this week on the New York
Stock Exchange we're: Ameri-
can Motors, OF 70 at 213s on
329,700 shares: Automatic
Csnteen. OF 3b at 46h:
Standard Oil New Jersey. OF
at 40ss: Boeing. up, 21s at
283s, and General Motors OF
IN at 431a.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17

50 2eh Waterfowl 50 l47 3ozs 2eM 2eh-2A
l3eh 9sh Yns Shat 5 lis 1864 lola 1o2 -5%
asa - YnsstStnT Ia az 1914 10 1914 y
127h eol% ZenithR Goa 3l2 12lA l1Ss< 1884, III
the last quarterly semi annual declaration Unless
otherwise noted, special or extra dividends are not
included.
Meaning Of symbols in New York and American
Stock EXCHANGES:
unit Of trading 10 shares or sales in full s-Aso
extra or extras. p Annual rate plus stock dividend
d-Declared or paid In 1859 plus stock dividend a-De
claTed or paid so far this YEAR f-Payable in stock
during 1853. estimated cash value on exdividend OF
or paid after stock dividend split up. k-DeclaIed
or paid this year an accumuative issue with dividends
ferTed or no action tsken az last dividend meeting.
r-DeclaTed or paid In 1860 plus stock dividend
PAYABLE in stock during 1860. estimated cash value
on ex-dvidend or redistribution date. y-Iiquidstins
trDu%SRi w,T1,T E; ssht ST,hSvt wsrySPts
issued. nd-Next day delivery. SIN bankruptcy or
recevership or being rearEanZed under the Bankruptcy
Act Or securities assumed by such companies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17
" SYLVIA PORTER

Stronger, here are the figures
showing what has happened
to stock prices in each elec-
ton year since 1882. The yard
stick is the Dow-Jones indus
trial stock average.
1892: Roosevelt, Democrat
The industrial stock average
entered the year at 77.90, made
its high in March, its low in
July. 1t was lower the day
after the election than the day
before and closed at 1898, of
for the year.
1886: Roosevelt, Democrat
The average began at 144.13,
made its low in January, its
high in November. closed higher
the day after the election than
before, ended at 1880, up for
the year.
1910: Roosevelt, Democrat.
The average began at 150.24,
made its high in January, its
low in June, was lower the day
after the election than the day
before, closed at 1918, of for
the year.
1914: Roosevelt, Democrat
The index started at $50, hit
a low in February, a high IN
December hardly changed over
the election day period, closed
at 1892. up for the year.
1913: Truman, Democrat. The
index started at 1916, reached
a low in March, a high in June
closed lower the day after the
election than the day before
ended at 177.30, off for the year
1852: Eisenhower, Republican
The average began at 269.23
reached a low in May, a high al
the end Of the year. Over the
election day period, it rost
slightly. closed at 291.90, up fol-
the year.
1856: Eisenhower, Republican
The average began at 488.40
reached a low in January, 9
high in April. declined the day
after the election, closed al
499.47, up for the year.
1860: The average entered
this year at 679.36, reached it.
high to date in January, is nov
sharply lower as the election
campaign gets irto high gear
for reasons which have nothing
to do with politics.
Study the record and you'll,
realize that "the pattern" is
the lack of pattern. The stock
market reacts to basic economic
developments and expectations
whether it's in or out of an
election year.
distributed, 1860, by The Hall
Syndicate, Inc. All Rights Reserved
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17
YOUR
MONEYS WORTH
Stocks in Election Years

Fact No. /: There is no cleo
ton year pattern in the stock
market. In past presidential
election years, the stock market
has moved up. down, sideways.
Fact No. Q: Fundamental
economic conditions, forces and
expectations decide the stock
markets direction in an cleo
ton year as they do in other
years. Much more important
than F. D. Roosevelt's election
in 1910. for instance, was the
fact that Hitler was overrun-
ming Europe and we were
starting major war prepare
tons.
Fact No. 3: The election of
a President may have a sharp,
immediate impact on the stock
market. but it's usually brief.
Fact No. 4: At times, the i'm
mediate effect Of the election
on the stock market carries
through, at times it doesn't.
There is no pattern.
There is overwhelming evil
dence to back up these facts,
but the belief about the great
impact of presidential elections
on the stock market continues
to flourish.
Apparently the New York
Stock Exchange feels the leg
end is so deep-seated that in
its official publication, the Ex-
change, it submits a short study
which leads it to the fiat
valid" conclusion that there
is no overall election year pat
tern"
To make the point even
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17

pany. through an exchange Of
stock.
Green Giant Co. directors ap-
proved a two-for-one split in
the common stock.
Howard Stores Corp. June
sales totaled $3,727,251, UP 61.6
per cent from 1859: 6 months
$19,532.343. up 60.4 per cent
from 1859.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17

4AC PAOPOooA AAoo HSSh oS
board of directors and holders
will vote at a special meeting
at 7:30 pm. on August is in
the banks main Office in Rock
vile.
A letter mailed to stockhold-
ers by President WinShip I.
Green and Board Chairman
Richard F. Green said resolu-
tons call for authorization of
an additional $3.50 capital
shares with a par value Of $25
a share.
OF these. ,2,940 shares would
be distributed as a stock divi-
dent on the basis Of one new
share for each five held as OF
record August Is. Non-partici-
patton scrip certificates would
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17
CAPITAL SECURITIES

On Philadelphia Baltimore Stock Exchange Transactions
for the 1860 up to and including Friday. July Is
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17

be issued for fractional shares.
The remaining 2,940 shares
Of newly authorized stock would
be offered through issuance of
subscription rights to stock
holders Of record August is.
Directors would be authorized
to place a time limit Of
not less than so days between
date of issuance and their ex-
piration.
The letter pointed out that
steady growth has increased
the banks assets to more than
$40 million and made a further
increase in capital funds ad-
visable.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17
Earnings

Parke, Davis & Co. in 9
months ended June 80 earned
$15,130,626, UP 10.1 per cent
from last year.
Suburban Gas In year ended
April 80 earned $1,766.449 or
$1.44 a share VS.. $l.069,238 or
So cents in 1859.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17
CHICAGO GRAIN

CHICAGO, July 10 (AP).-The
Governments July crop report staked
out the general guidelines this week
for the grain futures market Reac-
tions were fairly long-lasting although
not particularly drastic.
Accordingly, pressure developed In
and ali finished tn he NV weep ptS oSEI osses
mostly in the range Of about a cent.
Rye led the declines with setbacks
running, from two to three cents.
Wheat showed only minor day to
day. changes on moderate hedge selling
against scattered commercial buying
which included some short-term mill
demand.
At the end Of the week. wheat was
Y cent q bushel lower to % higher,
July 1.S2; corn IL 70 cents lower,
July 1.17h-17: oats lz-1h lower. July
8S9s; rye 90 cents lower. July IS;
soybeanS, " lower to Ia higher. July
Range of prices for the week:
wheat
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17
BUSINESS
BRIEFS

Bank Clearings in the week
ended July IA totaled $685.
275,4S2,oO0 compared with $24,-
00l. 5000 in the previous week
and $23,963, $3.50. 900 in the like
week a year ago.-Dun q Brad
street.
BituminOus Production in the
week ended July 8 totaled
100000 tons compared with
100000 in the previous week
and 1,556, 900 in the like week a
year ago.-National Coal AS
ISOLATION.
Motor Vehicle Output last
week totaled 104.164 cars and
1920 trucks compared with
S9,769 and 1908 in the previ-
Gus week and 89,769 and $1,000
in the like week a year ago.
Wards Automotive Reports.
Business Failures in the week
ended July Z totaled 271 COM
pared with 278 in the previous
week and 237 in the like week
q year ago.-Dun & Bradstreet,
Crude Petroleum Stocks, do
nestle and foreign, on July 8
totaled 249. 100, 900 barrels, down
5,556,000 from the like week q
year ago.-Bureau of Mines.
McCrOry Mcclellan Stores
stockholders approved a merger
with B.TL. Corp and United
Stores Corp. to form a new firm
to be known as McCrory Corp.
with assets in excess of $3.50
million.
Food Mach. e. Chem. Corp. an
nounced it had withdrawn its
offer ito acquire Saco Lowell
Shops, a Boston textile ma
chinery manufacturing COM
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17

Continued From Page AGO

H,r5 1852 Rs e: ssfs H, Inv Gins. Ne
sra 2SS PuSsdPL is IS l7o ,7n ,sM ,sss-l%
sly 81 Pullman III sSM y Ss@+ %
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17

en- set forth in resolutions from the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17
COMMODITIES

NEW FORK. July Is (AP).-The
Associated Press index Of 80 key COM
The average climbed to 1924 from
1920 a week ago A year ago, ii
stood at l70.l2. Prices Of 1926 rep
resent 100.
OF the equipments, indLstrials. food,
grains and cotton and textiles rose.
Livestock declined while nonferrous
At le WAFA nnakan0Ac
Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-07-17
Formers Banking Plans
Stock Melon, Offering

Stockholders Of Farmers Banking Trust Co. Of Mont
gomey County Nd have been asked approve increase
in authorized capital stock to permit distribution of 20
stock dividend and offering Of additional stock
holders at SIS a share
The proposal set forth resolutions from the
, 1960-02-13

President
Virgin Islands Corporation
City Of Christiansted
ST. Croix, Virgin Islands, U.S.A.
Cable Address: sfVICORP"
, 1960-02-13
VIRGIN ISLANDS CORPORATION
Christiansted, st. Croix
Virgin Islands, USA.
FOR SALE
PROPERTY OF THE VIRGIN ISLANDS CORPORATION
ISLANDS CORPORATION

Located at st. Croix, Virgin Islands, U. S.sA.
SEALED BIDS INVITED CASH OR CASH
AND CREDIT. Bids to be opened at 200 Pm
on March 4, 1860, at the Office Of the President
Virgin Islands Corporation, City Of Christian
sted, st. Croix Virgin Islands, U. S.. A
, 1960-02-13

Virgin Islands, USA.
FOR SALE
PROPERTY OF THE VIRGIN ISLANDS CORPORATION
Located at ST. Croix, Virgin Islands, U. S.A.
SEALED BIDS INVITED CASH OR CASH
AMI CREDIT. Bids to be opened at ZOO PM.
on March A. 1860, at the Office of the President
Virgin Islands Corporation, City Of Christian
sted, st. Croix Virgin Islands, U. S. A
Property offered for sale in three 80 parcels as described be
ow, each parcel to be sold separately to the highest respon-
sible bidder:
PARCEL i: Parcel No. / of Estate st. John, Matr. 2B, lib,
and LIB, Queens Quarter, Municipality Of st. Croix, Virgin
Islands. consisting Of 399 us. acres, more or less. Property
is commonly known as the @Abatoir." Property improved
with buildings, formerly used as abattoir, cattle pens, and
etc. Subject to ri~ght-of-way easements. Minimum acceptable
bid is $4,000.
PARCEL 2: Plot No. IA of Central Factory-Penitentiary
Land, Company Quarter, containing in area 1874 U.s. acres,
more or less, as more fully shown on Pubic Works Drawing
No. $50, dated January 10Th, 1853. Property IS commonly
known as the Central Factory Area Property lies $40 feet
easterly of the Public Road to Christiansted and fronts on
the Sea and is improved with twelve (1) buildings. Subject
to easements. Minimum acceptable bid is $4,000.
PARCEL 3: Warehouse located at No. TIA & B Kings
Street, Frederiksted, st. Croix, Virgin Islands, and contain
ing approximately 1869 square feet Of land. Property is i'm
proved with a one story building. Minimum acceptable bid
is $4,000.
property is to be sold under Public Law 85-913, which pro-
vides that the Government of the Virgin Islands shall have
the first right to purchase such property at a price offered
by the highest responsible bidder.
Inspection Of property is suggested.
CASH OR TERMS Each parcel to be sold for cash or on
credit. Sale on credit requires a 2NS down payment and bal
a.11e payable II sea4i=annaal iastaliInents = ten tM years,
with interest at 81 per annum. All bids must be on lnv1-
tation to Bid and Bid Form Nc. 43 and accompanied by an
earnest money deposit in the amount specified in the Offer
to Purchase contained in said Bid Form, and in the form of
q certified check, cashiers check or postal money order made
payable to Virgin Islands Corporation Invitation to Bid
and Bid Form No. 43 as well as complete information, terms
and conditions of sale, may be obtained by communicating
with:
President
sAsshH Virgin Islands Corporation
So City of Christansted
saN<aA ST. Croix, Virgin Islands, USA,
Cable Address: "VICORP"
1918 a@a
The Phoenix Jewish news., 1960-05-27
Profi+Iess Diplomacy

Last September the Phoenix Jewish News noting
the lack of accomplishment of the foreign ministers
conference at Geneva, opposed the invitation for
Soviet Premier Khrushchev to visit the United States
because of RuSsia's nsncerty in negotiations
The Russians idea is to keep up negotiations
to play for time. They don't want agreement. They
want to stress the idea of coexistence with the
tOnguein-cheek attitude such as why keep up such
hard fight in the cold war when they are going to
win out over democracy anyhow
The United States went out on a limb a second
time in arranging for a summit conference and last
week suffered resounding defeat when the limb
was cut off with cold calculation
Russian foreign policy just doesn't call for any
major conferences in which the u S. stands to bene
fit The Soviet government has shown keen timing in
manipulating incidents to put America into an en-
barrassing position matter which way we turn.
Sometimes = as in the of the -fated spy plane
we seem to be doing utmost to aid Russia in
these efforts. And the one time we had chance to
embarrass the Soviet Union over the dreadful Hun
garian rebellion episode let the Russians off the
hook with scarcely murmur
Although we rarely agreed with the late Secre-
tary of State John Foster Dulles we support his con-
tention = insofar it pertains to dictators = that
the heads of government should never meet at the
summit that their foreign secretaries should negoti-
ate agreements and then the heads should confirm
or ratfy any arrangements that appear beneficial to
them.
The dramatic occurrences of last week should serve
as positive lesson that, at least for the United
States personal diplomacy by heads of states not
only is prOfitless it borders on disaster
The Phoenix Jewish news., 1960-05-27

held in a rural New Jersey hotel
and will include, in addition to
Hebrew study, lectures and discus
sionS on Jewish subjects and vari-
Gus recreational and sports activi-
ties.
Tuition for the summer is $295,
and scholarships are available
where necessary. Write for infor-
nation to the Student Zionist Or
ganization,, SIS Park Ave-, New
York %, N. Y.
LAST MONTH Irving Berman. a
Jewish leader in the Washington,
d. G. area, was arrested along
with a member of George Lincoln
Rockwell's American Nazi Party"
on charge of disorderly conduct.
Prior to the arrest, the neo-
NaZis had been distributing hand
bills in which they urged the gas
sing of Jews, and Berman's crime
lay in trying to destroy some of
the literature.
The case took on a comic opera
aspect when the American Civil
Liberties Union intervened on be-
half of the neo-Nazis and their
right to freedom of speech, even
going to the length of assigning two
Jewish lawyers to defend them.
Comic, did say? 1t began to sound
more like nightmare at about
that point
Fortunately, the entire unsavory
case has since been dropped. But
before we put it behind us, let us
hear Berman on the subject:
1T is inconceivable to me that
rather mild gesture on my part
against some horrible threats and
vicious insults should have pro-
voked as much comment and dis
cussion as it did from the COM
munity Standing with me
Immediately and without call were
ministers of all denominations and
people from all walks of life
"THE SITUATION THAT con-
fronts us is a community problem.
Vicious hatreds and bigotry should
not be classified only as anti-Semi-
tic, but as un-American and con-
trary to our accepted social stand
ards.
II believe that this problem can
be halted, if not entirely eliminat-
ed, by legislation and education
and possibly psychiatric treatment.
Contrary to the present cliches
that Legislation will back-fire
against u.s. or there are plenty of
laws already / believe that legis-
lation is necessary. concur with
the local rabbi who said that he
was willing to forego the privilege
of slandering any other group"
And this is the crux of the
matter.
l hope that Berman's act of
protest will help that legislation
come into being.
The Phoenix Jewish news., 1960-05-27
The World Over

between the generations.
6. THOU SHALT NOT MURDER
neither one man nor many,
neither the living nor generations
yet unborn, neither through individ-
ual passion nor the cold primitive
hand of the law in death by verdict.
Nor shall nations threaten life and
health by poisoning the very air
and thus holding children not yet
born hostage to our desperation.
Z. THOU SHALT NOT COMMIT
ADULTERY = by seducing tn e
minds of young or old with lies and
Establishments which cheaper and
corrupt values, brutalize the hu-
man spirit, and make a travesty
of the sacred inviolability of the
human personality through abuse
of the susceptible for mean and
selfish ends.
s. THOU SHALT NOT STEAL
the birthright of equality from any
man, nor deprive any man of his
sacred right to education and
employment, to a tranquil life
marred by neither violence nor
hunger, to the right of any individ-
ual to stand on his personal merits.
The Phoenix Jewish news., 1960-05-27

8. THOU SHALT NOT BEAR
FALSE WITNESS AGAINST THY
NEIGHBORS-by spreading easy
generalizations, inuendoes, and
rumors concerning any group. re-
ligious or ethnic-but thou shalt
judge all persons and issues on
their honest merits.
10. THOU SHALT NOT COVET-
thy neighbor's possessions, nor the
work of his hands-neither by
means of colonialism, nor by racist
arrogance, nor by a sense of ma
tional superiority, thus to use and
abuse any of Gods children, i'm
pairing their sanctity and dignity.
AN ITEM WHICH CAME rather
late to my attention might still be
of interest to college students here.
The Student Zionist Organization
is offering an intensive seven-week
summer course in Hebrew which
will be open to college students
and graduating high school seniors,
who can acquire college credits
by passing the course.
The Ulpan-as this accelerated
Hebrew class is known-will be
The Phoenix Jewish news., 1960-05-27
ISrueIis Desert Rich Soil
For Ease Of Big City Life

children can be seen playing at re-
cess in the new school courtyard.
Telephone poles and electrical
wires can be seen spanning the
valley, connecting 1t with the world
outside.
1 speak with a young Arab couple
returning from a teaching course
in Nazareth. They stand together,
facing their future in Israel. Yes,
things are changing.
1 return again through the roads
leading to the Negev. The spring
sun shines hot upon fields ordinari-
ly parched, now filled with green
knee high stretching to the horizon.
The seasons crops have been lost
to the drouth, millions of dollars
of damage caused. Plows turn the
worthless dust crops back under.
On the road to Beer Sheva fields
once waSteland stand plowed,
waiting for hands to work them.
The town of Cat, which three years
ago was few lonely buildings, has
become a thriving community
while Beer Sheva, capital of the
Negev, gives the appearance of a
Wild West boom town.
IN THE MARKET in the old city,
Arabs and Jew brush elbows while
overnight the foundations of a
The Phoenix Jewish news., 1960-05-27
Jewish Wri+inq
Awords Presented
BY MARK NATION

NEW YORK-The years best
American book of short stories has
also been selected as the best
American work of Jewish interest
in the fiction field by the Jewish
Book Council of the National Jew
isil Welfare Board.
Philip Roth, whose collection of
short stories, "Good-by Colum-
bus" won the National Book Com
mittee prize of $1,000, was the
recipient of the $3.50 Harry and
Ethel Daroff Memorial Fiction
Award for the most outstanding
work of fiction of Jewish interest
written and published in the U. S.
in 1859.
The Harry and Florence Kovner
Memorial Award of 500 each went
to: DR.. EIsig Silberschlag for his
volume of Hebrew poetry, Kim
ron Yamai" t"Arch of My Days"D;
Ephraim Auerbach, for his work of
Yiddisll poetry, "Gildene Shekiah"
C"Golden Sunset'O; and Amy K.
Blank. for her work of English
poetry. ''The Spoken Choice"
The Isaac Siegel Memorial Juve-
nile Award for 1959's best Juve-
nile In English was given to Sylvia
Rothchild for her "Keys to a
Magic Door: Isaac Leib Peretz.
The Phoenix Jewish news., 1960-05-27
Center Summer Camp
Still Has Openings

A few openings remain for the
Jewish Community Center's Day
Camp and Pre-School summer pro-
grams, directed by Bernard Nor
ris.
Camp will open June 13 and end
Aug. IL. There are three three
week sessions. Hours are from 8
am. to 4 pm. Monday through
Friday.
SAY YOU SAW 1T ADVERTISED IN
THE PHOENIX JEWISH NEWS