davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17

actually now be bought for a
penny. Only four Of those 81
stocks were selling at prices
higher than the initial offer
ing"
Warning Is Recalled
Mr.. Funston's point and
warning couldn't have beer
clearer. Yet. in the past couple
of weeks, startled Stock Ex-
change officials have received
letters from innocents asking
for the name of the So stock
which can be bought now for
a penny a share because they'd
like to buy it.
It's easy to avoid disaster
and I mean easy-if you obey
the simple rules on ignoring
tips. buying stocks only after
careful investigation. having a
reasonable objective and look
ing for steady. solid growth of
your funds. not sensational,
quick gains.
You'll come out ahea d
through booms and bustS II you
obey these rules. You'll not
have hot luncheon talk, but
you'll sleep well at night.
distributed 1851 By The Hall
Syndicate. Inc. All RiEhts Reserved
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
Du Point Net
Shows Gain

WILMINGTON, Oct. 16
ape. 1. du Pont de Nemours
and Co., Inc, today reported
third-quarter earnings of Sail
a share on common stock, bring
ing earnings for the first nine
months of 1861 to $6.ll a share.
The third-quarter earnings
compared with $1.96 a share in
the comparable period of 1860
and 1928 a share for the first
nine months of last year.
In the first nine months Of
1861 the company earned $4.21
a share from its operating &C
tivities, compared with S4.38 in
the same period of 1860. Divi-
dends from General Motors
amounted to Sl.90 for each Du
Pont common share in the
first nine months, the same as
in 1860.
Sales for the first nine
months of 1861 were $1,628,-
000, 900, the same as the all
time high set in the first nine
months of 1860.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
\ BUSINESS BRIEFS
Business Failures in the w

Business Failures in the week
ended October II totaled 341,
compared with $50 in the pre-
vious week and 326 in the like
week a year ago.-Dun g.
Bradstreet.
Western Auto Supply Co.
stockholders approved a stock
exchange which viii make 1t a
wholly owned subsidiary of
Beneficial Finance Co. They
will get 234 shares Of Beneficial
common and one share Of a
new 4 % convertible preferred.
Safeway Stores, Inc, sales in
4 weeks ended October Z totaled
sos, 645, 025. up 4.5T6 from
1860; for 40 weeks ended Oc-
tober Z 1892 ,921, 6o4, up 49,
from 1860.
Colonial Stores, Inc, sales in
4 weeks ended September 9
totaled $99, 629, $50, UP 0.3%
from 1860; for So weeks ended
September 8 1901 SOC, 439, up
1.4% from 1860.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
BY SYLVIA PORTER

back. The stocks he mentioned
are far below spring levels.
Many new issues are below
their offering prices. The beat
ing the most glamorous of the
great glamor stocks have taken
in recent months must be a
shattering experience for the
newcomers to Wall Street who
wouldn't believe a stock with
"electronics" in its name could
crash as well as climb. The
lulu we owned then-which we
have sold since at a fat profit
but still well beneath its peak
price is back at the level at
which we bought it in 1860.
Let's put it plainly: Many gam
blers in new stock issues Of
corporations about which they
knew nothing have been taken
to the cleaners.
AS it has happened before. so
it has happened again. In four
periods since World War II,
there have been wild DULL mar
kets in new stock iSsues-in
1945-46, in 1s50-51. in 1953-54,
in 1859 and Iceland in each
case, the markets boiled over
and scalded the innocentS, the
greedy. the followers of the
mob" on tips and rumorS.
In mid September Keith
Funston. president of the New
York Stock Exchange. wrote an
article for a nationally circu-
lated Sunday newspaper sup
plement in which he comment
ed on a review of 81 stocks
issued in 1856. Mr.. Funston
said: Fifteen Of the 81 COM
panies are no longer in busi-
ness. Twelve were selling at less
than their original price at the
time Of the survey. One of
these, issued at So a share, can
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
FOREIGN
EXCHANGE

NEW YORK, Oct. II (AP).-Foreign
exchange rates (Great Britain and Aus
tralia in dollars, others In cents and
decimalS Of q cent?:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
HousineRote
Turns Higher
~ the Associstsd Pres

Housing activity turned up
ward In September, more than
eraSing an August dip.
The Census Bureau estimated
today that private housing
starts last month were at an
annual rate Of 100000 units,
after making adjustments for
normal seasonal fluctuations.
This represented q 3 per cent
agin over the revised August
rate Of 1921 900 units.
The July rate was l,343, 900.
Non-farm starts showed an
even greater September ad-
vance, rising by 4 per cent from
100000 units in August to
1,343, 900.
The September rate for non
farm starts was 26 per cent
above the rate for September
1861 ,067, 900 units.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
Airlines Report
9-Month Drop in
Passenger Loods.
By the Associated Press

The airlines operated last
month with their planes. on
the average. little more than
half filled, the Air Transport
Association announced.
The association said the
passenger load factor of the
domestic trunk airlines in
September-the percentage of
available seat miles occupied
by paying passengers-was SIS
per cent. compared with Sis
per cent in September. 1860.
For the first nine months of
1861 the load factor was 57.2
per cent. compared with 60.4
per cent for the corresponding
period a year ago.
For nine months this year
the coach traffic accounted for
81 per cent of the total, COM
pared with 48.6 per cent a year
earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
YOUR
MONEYS WORTH
Hot Stocks Get Icy

This past spring an advertiS-
ing executive did a fine Job of
running my luncheon date with
him by talking at length about
the fabulous fortunes he was
making by buying the "hot"
new issues flooding Wall Street
at the time. He named four he
had bought two had doubled
in price within 48 hours, one
had tripled in a week, one had
more than quadrupled. 81 got
chunks Of each and I'm holding
them for a long term capital
gain" said he and he chuckled
at how easy it was to get rich
quick in new stock issues.
Indifferent as I am to stock
tips - hot, cold or medium - il
was no fun to admit that ]
hadn't been in on a single hot
new issue. Although we owned
one lulu "a stock sold in 1850
which had astounded Us by the
extent of its riSe-the perform
ance Of our portfolio of stocks
of established, strong corpora
tions listed on the New York
Stock Exchange was most me-
diocre in comparison with my
friends record.
You'll be caught one of these
days and give a lot of it back.
I remarked as we parted. at
always has happened this way
Check Is Revealing
Last week I ch ecked my
friends stocks. II he stuck to
his intention to hold the stock
at least six months so his long
term profits would be taxed al
= Tore than a Is per cent rate
ht tainly has given plenty
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
Earnings

MOnsantO Chemical Co. in 9
months ended September 80
earned $50.132, 900 or $1.83 a
share VS.. $53,736.000 or $1.98 in
1860 period.
Container Corp. Of America in
9 months ended September 80
earned $12,938,000 or $1.19
share VS.. $14,230,00o or $1.31
in 1860 period.
Parke, Davis & Co. in 9
months ended September 80
earned $13,965, 925 or "a cents
a share VS.. $22, 506,176 or $1.52
in 1860 period.
Underwood Corp. in 8 months
ended September 80 had a loss
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
MUTUAL FUNDS

NEW YORK (APl
National Associas
ton Securities Deal
erS, Inc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17
VISIBLE GRAIN

CHICAGO. Oct. II (AP)-The Chi
eago board Of trade reported that the
visible supply Of wheat In the United
week to 500 AS 900 bushels. Corn de-
creased 1858. 900 bushels to 9l,372. 900
bushels, oats decreased 996, 900 to 81
$4,000. rye decreased 239, 900 to g.
$4,000. barley decreased $500 to 81
904., soybeans increased $685.. 900 to
l0.S65, 900. and grain sorghums in
creased 1,7s0,O00 to 145,645.OOO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-17

of $6,640,000 VS.. a loss of
$10,147,000 in 1860 period.
Medusa Portland Cement in
year ended September 80 earned
$3,613,000 or $2.14 q share VS.,
$3.464,00o or $2.o5 in 1860.
American MARC. in year
ended May 81 had a loss of
$3.476, 349 VS.. a loss Of $l,196,536
in 1860.
Other earnings included:
r. a mAh AnA a.-A...ha- IN
Evening star., 1961-05-24
MISCELLANEOUS WANTED

CHAIN SAWS. pumps. generators,
sod cutters. rollers, etc, RENTAL
TOOL d EQUIP. CO., JU. 5-5040.
Evening star., 1961-04-16
LOST

BRACELET. gold. with coins and
charms; NV. vicinity; reward; senti-
mental value. DE. 2-S423 or MRS.
HUGHES. Ho. 2-70O6.
CAT, female. siamese, seal point, 10
mos. old: vic. 45th and Mass. ave
NV. EN-. 2-04S4.
CAT, half Persian. black, white chest
and paws. female; vic. Wayne ave.
and Manchester rd, Silver Spring.
Reward. JU. 5-4939.
CAT, Siamese, reward. vic. west Of
Claremont on King ST., dark face. legs
and tail. blue eyes. no collar or tag.
OR. 1-SOS9
DOG. airedale. female, black and
brown, 9 mos old; vic. of lillian
dale; reward. HE. 1926.
DOG. poodle miniature, black, green
ward. Louis SABLE, VII, 2-5I6S,
HANDBAG, lady's. black. flowered,. on
ket, wed. April IL, bet 1870 to 2
pm. Please return keys and i'm
portant papers, keep money. WA.
$500.
KEYS. on chain, lost vic. 18th and
Newton NV, Woodward & Lothrop
or vic. Internal Revenue. HO. 2-72S6.
WRIST WATCH. lady's, platinum,
Hamilton; reward. WA. 1854.
$500 REWARD
Platinum and diamond single clip,
containing 10 pear-shaped diamonds,
monds.. Probably lost vicinity Lisner
Auditorium or NV. area. Call MR..
GREEN. Ma. S-3575.
Evening star., 1961-04-16
$250,OOO Grant
Aids GU Project

The National Science Foun-
dation has awarded $3.50, 900
to Georgetown University to
support construction of new
chemistry research facilities in
the univerSity'S new science
center.
Announcing the grant yes
terday. the Very Rev. Edward
B. Bum, university president,
said the center would greatly
increase the schools facilities
for medical and basic research.
Steel wall girders are already
up for the $4,250,OOO center.
1t is scheduled for occupancy
in the fall of 1862. The center
is part of Georgetown's $21
million development program,
begun in 1856.
The chemistry facilities will
be under the direction of DR..
Evening star., 1961-04-16
Moscow Report Sees
Hope for Laos Truce

Tuesday of Prince Souvanna
Phouma, former neutralist pre-
mier Of Laos. He will come to
Washington from the Soviet
capital.
The State Department had
nothing formally to say beyond
confirming the bare facts of
the Thompson-Grom meet
ing which was arranged at the
ambassadors request.
Britain proposed to Russia
last month that a cease-fire
be instituted in Laos as part
Of a plan under which an inter-
national control commission
would supervise an end to the
fighting and an international
conference would be called to
negotiate on the future OF the
country.
Evening star., 1961-04-16
New Suit Seen

Eichmann already has lost
one suit filed through DR.. Ser
'vatius with the Cologne Su-
preme State Administrative
Court. The attorney demanded
Evening star., 1961-04-16
Boptists Slate
Revival Services

Baptist churches throughout
the area will hold special re-
vival services this week.
The Rev. Willard Tallman OF
Bristol. Tenn. will speak at
7:45 o'clock each evening at
Northside Baptist Church, 1924
Rhode Island avenue, College
Park, Md.
The Rev. Milton Worthing-
ton of Greenville, N. c., will
speak at 7:30 pm. tomorrow
through Sunday and each eve
ming next week in Kent Bap-
tist Church, 1906 Cleveland
avenue, Kentland. Md.
DR.. John E. HusS, author
and evangelist. will speak at
7:45 o'clock each evening in
Metropolitan Baptist Church,
Sixth and A streets NV.
Evening star., 1961-04-16
BY JOHN NJ. HIGHTOWER
Associated Press staf Writer

Official word from Moscow
raised some fresh hope yester-
day that Russia may agree
early this week to a cease-fire
in Laos.
But United States officials
have suffered so many disap-
pointments on this score that
they are basically skeptical
about the turn of events in
the prolonged Southeast Asian
crisis.
What does seem to be true
about the Soviet-W Western con-
flict over the future of the
little Southeast Asian king
dom is that it is moving swiftly
toward a showdown. There is
increasing conviction among
Kennedy administration lead
ers that the United States and
its SEATO allies soon will have
to take much stronger action
unless the fighting is ended.
The official word came from
United States A m b assa dor
Llewellyn Thompson following
a conversation with Soviet
Foreign Minister Gromyko
Thursday. Thompson reported
that Mr.. Gromyko expects a
reply to be given to a Western
cease fire plan within a few
days.
Officials speculated that the
Soviet response possibly will
coincide with the arrival here
Evening star., 1961-04-16
Wechtenbruch, said a new suit

Wechtenbruch, said a new suit
will be filed in West Germany.
The new suit" DR.. Wech-
tenbruch said, will ask the
West Germany government to
intervene because the accused
was abducted contrary to in
ternational law and that gov
ernment West Germany has
to protect him"
West Germany is likely to
fight any new attempt by DR..
Servatius to obtain legal pro-
lection for Eichmann.
DR.. Hans Stercken of the
West German Press Office said
West Germany will fight in the
courts any suit in which DR..
Servatius claims legal protec-
ton for Eichmann from West
Germany.
Evening star., 1961-04-16

Francis o. Rice, head Of the
department of chemistry.
The science center is being
built near the German Re-
search Building of the Medical
Center. The science center will
have seven levels and be 222
feet long and 100 feet deep.
Evening star., 1961-04-16

that West Germany pay defense
costs for Eichmann on the
ground that he is entitled to
legal protection from that
country.
DR.. Servatius' young asSis-
tant, 29-year-old DR.. Dieter
Evening star., 1961-04-16

thus, has challenged that au-
thority on grounds that:
l. Eichmann was kidnapped in
Argentina last May and for
chilly brought to Israel.
2. He signed a statement un-
der duress saying he came to
Israel of his own free will.
3. The crimes with which he
is charged were not committed
on Israeli soil.
4. The law under which he
is being tried-the "Nazis and
Nazi collaboratorS law" passed
in 1850 by the Israeli parlia-
ment-was enacted after the
crimes with which Eichmann
is charged took place. .m
Panel Deliberates
A special panel Of three Is
raeli judges began celebrating
on DR.. Servatius' challenge after
the traditional Jewish sabbath
at sundown.
Their discussions brought the
trial, which opened in the Belt
Ha'am community center) in
Jerusalem last Tuesday. to its
first major climax.
They will announce their de-
cision at the resumption of the
trial at 7 am. Monday.
DR.. ServatiuS also has told
the three-judge panel he will
seek West Germany's protec-
tion for Eichmann - former
chief of the Gestapo's Jewish
Affairs Section.
In a dramatic session yester-
day, the Cologne defense attor-
ney declared:
THE accused has a claim
against his state for protection.
He can demand intervention
by suit if his government is in
active and he will do So"
New Suit Seen
Eichmann already has lost
one suit filed through DR.. Ser
'vatius with the Cologne Su-
preme State Administrative
Court. The attorney demanded
Evening star., 1961-04-16
Judges in Eichmonn
TrioI Study Challenge

JERUSALEM April Is AP)-The historic trial Of Adolf
Echmann hung the balance today Israeli court de-
liberated whether has authority to judge the onetme Naz
Gesapo charges directing the wartime murder of
millions of Jews.
Eichmanns German defense attorney Robert serva-
Evening star., 1961-04-16

Published Daily and Sunday
at 225 virginia Ave. Sc.
at Washington, ID. G..
Second Class POSTAGE Paid
Evening star., 1961-04-16
FOUND


PUPPY, black poodle; vicinity of For
est Knolls. JU. 7-8775.
DOG, mixed Collie. male, black and
sable, vie Mt. Vernon ave. XII. 9-3959.
DOG, mixed Beagle, male, tri-color,
vic. 100 blk. Powhatan. XII. 9-3959.
DOG. mixed Shepherd. male, brown and
black, vic. 300 blk. Gibbon, XII. $1,000
DOG, male, mixed breed, white and
brown, vic. 900 blk. Gibbons. XII. o.
1850.
DOGS, two males. Spitz, vic. OF Wash
ington ST., off-white. XII. $3.50.
DOG, male. mixed Beagle. tri-color, vic.
OF Chambliss. XII. 9-3959.
DOG, mixed Collie, male. brown. vic. OF
Yale dr., KI. 9-3959.
DOG, male, mixed Dalmatian, vic.
Ancell. XII. 9-3959.
DOG. mixed breed. male, white and
black. vic. Taney ave. XII $1,000.
DOG. mixed, black and white, female,
4600 blk. Of Taney. KI. 9-3959.
Evening star., 1961-05-05
THE EVENING STAR |
Washington, D. c.
Friday, M0y 5, 1861
Sports

ter you play, the more money
you get; the more money you
get, the more you like the
game, the better you play"
When Mays stepped UP to
the plate after hitting three
home runs against the Braves
last Sunday, the thought oc-
CURED to him, he says. that he
never had a chance for a
fourth. He did hit the fourth,
as everyone who cares knows,
tying a major league record,
but he wasn't really trying.
"Oh, no, I didn't try for a
home run anytime" he said.
ANY time you try to hit the
ball out of the park, that's the
time you're not going TO hit 1t
at all. That's the time you're
not even going to see the pitch,
because when you try so hard,
you'll be moving your head and
everything. All I was trying to
do was meet the ball. When I
was running around the bases
after hitting it into the bleach
ers, I kept laughing to myself
and saying, Imagine me doing
that!'"
Evening star., 1961-05-05
Dodgers Land
Pills Farrell
ToAid Bu||pen

PITTSBURGH, May S (AP).
The Los Angeles Dodgers
have acquired Relief Pitcher
Dick Farrell in a trade with
Philadelphia, but Dodger Man.
ager Walter Aston isn't max
ing any predictions about how
much Farrell will help his
clubs pennant chances.
We'll have to wait and see
about this" Aston said last
night after the Dodgers ar
rived in town for a three-game
series against Pittsburgh.
The Dodgers yesterday sent
Outfielder Don Demeter and
Infielder Charlie Smith to the
Phillies for Farrell and Infield-
er Joe Hoppe.
Aston explained, 1--WE need
ed a little more help in the
bullpen. It has been a little
overworked. Ed Roebuck is out
and we want Larry Sherry to
have more help"
Roebuck, who has a sore arm,
and Sherry were the mainstays
of the Dodgers relief staff last
year.
Aston said. Farrell has a
good reputation as a relief
pitcher and has looked good
against us. He can throw hard. "
The 27-year-old righthander
had a 1915 record in SO appear
ances with the Phillies in 1860.
He was credited with Is addi-
tional saves and posted a 2.7l
earned run average. The 6-foot-
4, 220-pounder is in his sixth
year in the majors.
In Philadelphia, John Quinn,
general manager of the Phillies,
said. "Demeter is one of the
finest fielding centerfielders
around and he might have 20
home runs in him." He'll move
into the Philadelphia outfield
with John Callison and Tony
Gonzales. Quinn said.
The general manager said
Smith has real good power and
he may be the answer to our
third base problems"
Demeter. 25, missed most of
last year because of a fractured
wrist. He hit .274 and had nine
home runs.
Smith hit .322 and had 20
home runs at Spokane.
Quinn said Hoppe did not fit
into the clubs plans.
Evening star., 1961-05-05

on television, would receive a
season pass for two to remaining
Washington home games, would
get $l00 in savings bonds and
S100 worth of sports equip
ment." These are the prizes and
they seem like good reasons
for entering.
Last Mondays rained-out
game with the Yankees has
been reset to make a double
header August 13, a Sunday
Dell Sports August issue
will feature capsule profiles of
more than 400 major leaguers
by position, with the Senator's
Gene Woodling featured as
lead-off man for the outfield
section.
Clete Boyer Of the Yankees
is very high on Washington
Catcher Gene Green, with
whom he played winter ball in
1857 Asked if he would
walk Mantle in the sixth in
ming with no score, two out
and the bases empty, Scheffing
recently quipped: LAS a man
ager I wouldn't, but as a
pitcher, sure would"
Card Pitcher Larry Jackson's
baseball philosophy: The bet
Evening star., 1961-05-05
MAJOR LEAGUE LEADERS

Angeles. and Aaron. Milwaukee. II;
McCoyey, and Mays, San Francisco
l6; Moon, Los Angeles, 1b.
HITS-T. Davis. Los Angeles. %;
Moon. Los Angeles, %: Clemente,
Pittsburgh, Mays, San Francisco,
and Cunningham, st. Louis. "a.
DOUBLES--Hiller, San Francisco, 9;
thinner and Santos, Chicago, Cole
man, Cincinnati. Aaron, Milwaukee
and .. Alou, San Francisco. 8.
TRIPLES-Amaro. Philadelphia, and
Davenport, San Francisco. 9: seven
HOME RUNS--Moon. Los Angeles, 8:
T. Davis, Los Angeles, and Mays,
San Francisco, 9; Banks, Chicago,
Coleman, Cincinnati, Roseboro, Los
Angeles, McCovey, San Francisco
and Boyer, St. Louis, 8.
STOLEN BASES-Pinson and Robinson,
Cincinnati, 8; T. Davis, Los Angeles
and Mays and Killer, San Francisco,
PITcHNG Elston, Chicago, and
Friend. PITTSBURGH, 40, 1000;
cardyell. Chicago, and Podres. Los
Angeles, 30. 1000; buffalo, San
Francisco, 30, 1000.
STRIkEOUTS-Drys Los Angeles
80; Jones, San Francisco, "a: Ma
haffey. Philadelphia, 80: Williams
Los Angeles, %; Podres, Los Angeles,
~.
Evening star., 1961-05-05
Middies Run
Win Streak
Record II
ANNAPOLIS, Nav S (spe

ANNAPOLIS, May S (Spe-
ciaD. - Navy's new baseball
record is II victories in a row,
surprising the 16 straight hung
up by the 1946-47 mines.
The Middies beat Baltimore
u, 81, yesterday. for their 18th
this year to tack onto the vic
tory over Army with which they
ended the 1860 season. They
hung the defeat on BUS Rom
aid Mather. previously un-
beaten in nine games and owner
Of a 0.42 earned run average.
Righthander Ed Ettinger of
Navy allowed five hits for his
fifth win. Outfielder Joe Bel
limo. the team captain, had a
hand in both Navy runs in the
fourth inning, driving in the
first with q single and scoring
on Dick Cuneo's double.
NAVY - 600 zoo 00x-2 : !
Mether and Morgan; EttinEer and
Cybul.
Evening star., 1961-05-05
Five CIV Netmen
In Third Round
Of sc Tourney
CHARLESTON 4

CHARLESTON, S. c., May
s (SpeciaD. - Third round
matches in the Southern Con-
ference tennis tournament will
be played today with George
Washington University tied
with William & Mary for third
place, each with 16 points.
The Citadel and Davidson
each have Is points to share
the lead. Both went through
the opening round yesterday
without defeat.
Five Colonial players won
second-round matches, led by
second seeded Jim Whitehead,
who waltzed past Furman's
Stuart Skadden, 60, 60. All
five drew first-round byes.
Summaries of matches in
volving CIV players:
SINGLES
Jim Whitehead CIV. defeated Stuart
Skadden, Furman, 60, 60; Ken
MSiiysr'tSne' Ms., 70 oW detected BOB Ms2rgan'
qW, defeated Dave Thomas, VNIi. 6-0,
81; Elliott Swift, GW, defeated Karr
Linkous. VPI. 6--3. 60; Marty Gers
ten" GWs defeated Boyd Warner, West
DOUBLES
Whitehead-silverstone. CIV. defeated
sa ss9:nd shsfSyssRi,t, hMpgssRi VS. VS. d.y.t.u s I,s
ner -Btlbee, West Va, 6-3, 6-2; Cert
Schropshire, CIV, defeated Arnoff.
Delaney, W&M, 6-2, e..