davidaulloa/AmericanStories huggingface dataset:
Evening star., 1961-08-10
Webb & Knupp Signs
To Buy ; Hotels

NEW YORK. Aug. 10 (AP)
Webb g. Knapp, Inc. said yes
terday it has agreed to buy
three hotels. from Sharp Ltd.
Hotels for about $25 million.
The hotels are the 350-room
Beverly Wiltshire in Beverly
Hills, Calf, the 400-room
Gotham and the. 275-room
Stanhope. both on Fifth ave-
nue. in' New York, City.
Webb & Knapp owned part
of the Gotham and Beverly
Wiltshire for a short time in
1855 before selling it to Sharp
Hotels,
President William Zecken-
dorf of Webb 81 Knapp said his
concern will take title in No
vember. He said Sharp Hotels
will continue to operate the
three hotels.
Evening star., 1961-08-10
PEOPLE
IN
BUSINESS

Raymond d. Ford has joined
the sales staff of Electro Nu-
clear Systems Corp. in its Be-
thesda branch office. He for
merly was with Minneapolis
Honeywell Regulator Co.
Richard A. Fitzgerald, former
assistant general counsel Of Air
Transport Association, has been
named vice president of Sea-
board World Airlines in charge
of Washington affairs.
George r. Freifeld has been
named mid-Atlantic sales man
ager in the sales office of Audio
Devices, Inc, Silver Spring.
Prior to joining the company
in 1858, he. was with Merrill
Lynch, Pierce, Fenner & Smith
in New York.
Herbert KOcher has been ap-
pointed sales manager for the
Park Motels in Maryland and
Virginia.
Arthur Y. Taylor, formerly
associated with the Potomac
Electric Power Co. and the
Rural Electrification Admins
tration, has been elected exec
utive vice president of Jackson
& Moreland. Inc, Boston en-
gineering firm.
Martin Codel, Washington
TV-radio station conSultant,
and former publisher of Tele-
vision Digest, will tour 20 Latin
American countries beginning
August Is in a survey of TV
potentials.
Harry Coulter has Joined the
sales staff of S. Mazzeo & Sons,
wholesale food concern here.
He previously was with S. A..
Gatti & Sons, Inc.
F. Clayton Townley has been
appointed new projects engi-
neer for Vitro Laboratories in
Silver Spring. He previously
was with Goodyear Aircraft
Corp. 49,. l.
Evening star., 1961-08-10
CHICAGO
LIVESTOCK

CHICAGO. Aug. 10 ZAP. -CUsDAy-
Hogs $500: moderately active, butch
ers steady to weak; sows steady to 20
lower. mostly steady to weak: yoed
shipping demand: II head sorted out
of so head mostly is 2l5 lbs at 1925
mixed 1-2 and Ia I90-250 lbs 1S:50-
1900; around 200 head at 1900;
mixed 2-3 24O-29O lbs 1900 so;
mixed l-3 10000 lbs l7.5O-1S.35:
mixed la 300-40O ID sows 15.0p-
1900; mixed % 400-60O lbs 1926
l5.25: weights 500 lbs down mostly
1875 and up.
Cattle 1,O0O:. calves none: slaughter
steers and heifers moderately active,
steady TO weak: cows and bulls steady;
other classes scarce; load lots good
and choice 900-1,45O Id steers 90 So
% so; a few loads of high choice and
mixed choice and prime 1.2O0-1 400
lbs 25. 1929 90: few utility and stand
ard 20.5O-22 so; few loads mixed
good and choice 22.0O-23. 25; utility
choice and prime 90O-95O ID heifeTs
24.40: several lots good and mixed
good and choice 22.00-23.25; utility
and standard lS.0O-2l. rs; cutter, utilz
ity and commercial cows 14.OO-17.26:
Gamers 13.00-15.25: utility and conls
mercial bulls 1S.00-21 90: a few good
vealers $500: culls down to 1000.
Evening star., 1961-08-10
Senators Back
IFC Stock Bill
BY. the Associated Press

The Senate Foreign Relations
Committee yesterday approved
q bill designed to permit the
international Finance Corp. to
invest in capital stock of pri-
vate businesses in underdevel-
oped countries. '.
The IFC, an affiliate of the
World Bank, has been limited
since its inception to making
loans and buying bonds to pro-
vide seed" capital for gener-
ating private projects in these
countries for light and medium
manufacturing.
The bill passed the House
June 19 on a vote Of 328-18.
The Senate group acted on a
1916 vote.
While the legislation would
permit the IFC to buy common
stocks in corporations 1t wants
to aid, it prohibits the IFC
from any managerial control
of such businesses. ~
Evening star., 1961-08-10
RetuiI Group Reports
Drop in lst Quarter

NEW YORK, Aug. 10 (AP) -
Retail trade suffered from the
recession in the first quarter of
this year, the National Retail
Merchants Association reported
yesterday. {.
Merchants encountered a
drop in sales, q decline in prof.
its and increase in operat-
ing expenses,
The results were disclosed BY
an NRMA controllers congress
survey of 199 stores with a total
annual sales volume of $3.4
billion.
Sales fell 3 per cent behind
the 1860 first quarter, profits
slipped or per cent and total
operating expense was 1877 per
cent, compared with 37.S per
cent year earlier.
Evening star., 1961-08-10
actors Point
ToFuILRise in
Steel Needs

NEW YORK, Aug. 10 (AP)
- Shaping of a pattern OF
forces that promises to Stimu-
late steel demand and produc-
ton this fall was detected to-
day by the Iron Age.
The Woodworking weekly
said that barring a strike in
the auto industry pressures
coming into focus appear likely
to produce a sharp build-up
in September October.
Still depressed steel inven-
tories were gauged as one main
factor tending to strengthen
demand. particularly as to
automakers who, the magazine
said, haven't yet ordered
enough steel for September to
support that months produc-
ton schedules.
Enumerated as other ele-
ments in the developing pat
tern were the Berlin crisis,
hedging against an expected
steel price increase and fear
of a steel strike in 1862.
The Iron Age said the
tensions over Berlin will have
both a tangible and psyche
logical effect on the steel
market.
Hedging against a price rise
was described as a compare
lively minor factor but an
important one because of its
timing to coincide with other
pickup. influences.
1.-THE real test of the market
will not come until October, "
the magazine said. Then, the
historical patteren of ordering
as the market strengthens will
take hold"
In it's calculations, the Iron
Age counted heavily on a big
fourth quarter step up in auto
production to about 1900. .00o
units, larger than the final
three months of 1860 and
higher than any fourth quarter
since 1855 production Of
1,949, 900 cars.
Evening star., 1961-08-10
BY TRUMAN r. TEMPLE
Star Staff Writer

President Kennedy has re-
leased nearly 50 billion for
Federal National Mortgage
Association operations to spur
the housing construction field.
In a one-page letter to the
agency yesterday, the President
released $3.50 million left from
the Eisenhower administration
for investment in mortgages
and also $3.50 million appro-
priated under the 1861 Housing
Act. Another $207 million, left
over from an emergency anti
recession housing bill passed in
1858, was also unfrozen.
Fanny Mae has a multi
million-dollar interest in
WaShington's Southwest rede-
velopment through housing
mortgages, and the Presidents
action freeing additional funds
is expected to encourage build
ing there.
The agency now holds a $9.4
million mortgage on Capita
Park, $3.1 million on Town
Center Towers West and $3.s
million on Webb & Knapp
projects, as well as several 9TH
ers, according to a spokesman
Fanny Mae buys Govern
ment-backed mortgages and
engages in other secondary
market operations to encourage
private lending for. residential
construction. 1t was eStab-
liShed in 1884 to backstop FILA
mortgages, which had a poor
acceptance at that time.
The agency last night also
announced rules for a new
program volving lending
money to banks and other
private housing money sources
Under the plan, mortgage
lenders can put up the mort
cages as collateral for a short
term loan, while. retaining own
ership of the mortgage.
The purpose of this would be
to supply banks and insurance
companies with ready source
of cash for reinvestment in
more home loans. 1t will ex-
tend loans up to 80 per cent
of the value Of the mortgages
submitted as collateral. Inter-
est would be 514 per cent, re-
payable within 10 months.
Evening star., 1961-08-10
Rixon EIectronic
Dedication Monday

Senator George Smathers,
Democratic of Florida, will died.
icate a new 10000 square foot
plant of Rixon Electronics, Inc.
in Silver Spring Monday even
ing.
James L. Hollis, company
president, said ceremonies will
be held at 6 pm. in Mont
gomery Industrial Park. The
firm does custom electronics
engineering development and
production. The new plant will
employ 200 persons. and addi-
tional space Of 10000 square
feet have been planned for fut-
.ure expansion.
Evening star., 1961-08-10
UAL Increases
Revenue MILEAGE

NEW YORK, Aug. 10 (AP)
United Air Lines reported
flying TAI $500 revenue pas
senger miles last month, up
about S per cent from the COM
bined total of TOT million for
United and Capital Airlines in
July, 1860.
However, the number of pas
Sengers carried fell about is
per cent to 1,067 ,046 from a
combined earlier figure of
l 1,083.000. United and Capital
merged last spring.
The combined operation also
carried 1885. 900 ton miles of
freight last month.
Evening star., 1961-08-10
SEC Enters Case
OF SCI Firm

The Securities and Exchange
Commission has given notice it
intends to appear in the case of
a Baltimore savings and loan
institution undergoing reorgan-
ization.
The case involves the Ameri-
can Seal Savings g. Loan AsSo-
citation. The SEC reported yes
terday that accountants had
found records "in such poor
condition they were unable to
Evening star., 1961-08-10
YOUR
MONEYS WORTH
Retaining Bill Is Milestone
~ SYLVIA PORTER

tional scale and at the State
and local level. The informa-
ton is imperative if we are to
avoid the danger of training
people for jobs that don't exist.
(2) Require the Secretary of
Labor to set up programs to
test, counsel, train and place
unemployed workers. A local
State Employment office would.
for instance. interview a jobless
worker. find out what he Is
capable of doing and would
like to do. Having discovered
this. the local office would de-
eide whether the worker needed
on-the-job training, a voca-
tional educational school, a
combination of both or a new
type of training program and
he would be referred to the ap-
propriate source.
Priority for JObless
90 Give priority in referral
for training to the unemployed.
Training allowances would be
restricted to an unemployed
person who was head of a FAM
lily and had held a job at least
three years. These unemployed
people would be paid allow
ances during their training pc
riod through the local State
employment agency. Up to a
maXium of So weeks and a
limit of the average weekly un-
employment benefit in the
State involved.
"a Provide some minimum
allowances for training Of
young people over 16 and make
some provisions for upgrading
of skills.
(5) Give the pioneering pro-
grams a life of two to four
years - there's a difference
here between the House and
Senate Committee versions
and authorize from $500 to
$500 million for the costs.
This is rough, for Congress
is feeling its way toward q
milestone. It will be an his
toric step if Federal aid is pro.
vided to private enterprise to
bolster employment, reduce
unemployment and upgrade the
skills Of American workers. :
distributed 1851, by The Hail
Syndicates, Inc. All Rights Reserved
Evening star., 1961-08-10
EIectronics Firm
Opening D. c. Lab

Sanders Associates. Inc, elec-
tronics communications firm
based in Nashua, N. H., will
open a new laboratory here
Monday at 6135 Kansas avenue
NE.
The facility will be headed
by Lawrence W. Sharpe, plant
manager. Herman Brownstein
will be chief engineer. The
laboratory will specialize in re-
search and development on
communications systems. The
company is leasing a 1000
square-foot building for the
local operation.
Evening star., 1961-08-10

American industry cannot
bear the whole cost Of retain
ing workers whose jobs have
been wiped out by automation
because expenditure will be
increasingly staggering. Indus
try can help. of course, and
it is helping in retaining-but
corporations collectively or in
dividuaily cannot carry the
entire burden.
Nor can American labor
unions solve the problems of
workers whose skills have been
made obsolete by chronological
advances. Unions can help and
are helping. but unions don't
make" jobs.
Nor can we expect the chal-
lenge of fitting workers to the
new Jobs to be met by training
and vocational schools. None of
them can manage it.
The Federal Governments s
aid to industry, labor unions,
local communities. school sys-
TENS, trade associations, is i'm
perative.
Problem Is Outlined
Working together, private
and public forces can over
come the problem. Right now,
there over / million workers
unemployed for six months or
longer. Most of these are
workers whose jobs have been
erased or who simply do not
have the basic education and
skills demanded by today's
labor market.
Thus, it is unfortunate that
the Labor Committees of the
Senate and House already have
passed revised versions of the
Administrations bill to provide
Federal aid for retraining and
upgrading of workers.
The Senate Committees ap-
proval was unanimous. The
House Committees vote was "a
to 8.
The chances of the bill be-
coming law this session are
considered excellent. The bill
would: Y
Cd Require the Secretary of
Labor to find out what skills
and training facilities are
needed by American business.
This would be done on a ma
Evening star., 1961-08-10

NEW YORK. Aug. 10 (AP).-spot
nonferrous metal prices today: Copper
Lead II cents pound. New York.
Zinc 11h cents pound, East st.
Louis Tin, 1.17h 8 pound. New York.
Foreign silver 9l3s cents per troy
ounce, New York. Pittsburgh scrap
steel No. heavy was quoted by Iror,
Age at 35.00-36.00.
Evening star., 1961-08-10
Earnings

Columbia Broadcasting in 6
months ended July l earned
SO, ,409,332 or $1.09 a share VS..
$12,669,169 or $1.47 in 1860
period.
Western Union in 6 months
ended June 80 earned $4,941,- :
705 or 7S cents a share VS..
$5,931 ,457 or 81 cents in 1860
period.
Trans World Airlines in 6
months ended June 80 lost
$11,724,000 VS.. earnings of
$4,000 in 1860 period.
Evening star., 1961-08-10
Nubisco Buys Assets
OF Cream of Wheat

NEW YORK, Aug. 10 (AP).-
Purchase of the assets of the
Cream of Wheat Corp. of Min
neapolis was announced yester-
day by the National Biscuit Co.
(Nabisco). &
Lee S. Bickmore, Nabisco
president. said the purchase
was made for 100000 shares
of his company's common stock,
which closed on the New York
Stock Exchange at $81 a share.
Evening star., 1961-08-10
FNMA Gets 81 Billion
To Spur Construction

express an opinion as to its
financial condition"
wever, the accountants
managed to put together a bal
ance. sheet as Of June 30, 1860,
which indicated assets of about
$l85.000 and liabilities of ap-
proximately $206,0O0, according
to the SEC. The assets included
$4,000 in cash.
Evening star., 1961-08-10
Drug Fair Sales
Show Sharp Rise

Drug Fair sales for the first
seven months of the year totals
ed $20,938,680 and July sales
$3,291,608, Milton L. Elsberg,
president, announced. These
figures were gains over similar
1860 periods of 25.15 and 22.12
per cents respectively. Drug
Fair stores 64 and IS opened
August IL and 26 in Leesburg
and in the Alexandria Rosehill
SHOPPING Center.
Evening star., 1961-08-10
FDIC, Federal Reserve
Scored by MuIter for
Backing Tax Equality
BY DONALD b. HADLEY
Star Financial Editor

Competitive rate advantages savings and loans and
mutual savings banks enjoy commercial banks should
be offset by unsound taxation Representative Mute
of New York, declared today
This problem be solved in other regulatory
agencies he told the House Ways Committee at
Evening star., 1961-08-10
OVER COUNTER

Following prices furnished by the
ers in Washington represent the range
within which locally active securities
could have been bought or sold at /
pm. Thursday. August 10.
Evening star., 1961-08-10
FOREIGN
EXCHANGE

NEW YORK. Aug. 10 AP).-For-
HI epd eXenanee rates tGreat Britain
ana australia in dollars, others in
cents and decimals Of q cent?: "
Canada in NJ " Today Prev. Day
Evening star., 1961-08-10
TREASURY BONDS

NEW YORK (AP)-Noon over the coun.
ter U. S. Government Treasury bonds,
bid, asked, net change and yield for
Evening star., 1961-08-10

This architects drawing of the $50 million Washington
Hilton Hotel Connecticut Florida
nOunced yesterday N
eight floors and four wings and include the largest
the
with full operation slated 1863 early 1864.
Evening star., 1961-08-10
Other Witnesses Due

Among other witnesses sched-
uled to appear this afternoon
were George A. Newbury, presi-
dent of the New York State
Bankers Association; Gen.
George L. Bliss. legislative re-
search chairman, Savings Asso-
citation League of New York
State; R. E. Gormley of the
Georgia Savings Bank & Trust
Co.; Howard j. Stoddard of the
Roth Committee for Tax
Equality. and leaders of six
State savings and loan leagues.
Evening star., 1961-08-10
Reports on Poll

AS for any additional savings
that might be received by COM
mercial banks through taxa
tipn of mutual institutions, DR..
Walker told the committee that
a poll of ABA member banks
resulted in definite assurances
that these funds would be used
Evening star., 1961-08-10

to meet the home mortgage
needs in their respective areas.
"On the matter of the supply
of mortgages during the next
decade" he said, lit should be
remembered that sources other
than mutual institutions and
commercial banks are becoming
of increasing Importance" In
this group he listed corporate
pension funds, State and local
pension funds, personal trust
funds and individuals.
"In view of these facts it ap-
pears to us that the housing is
sue as raised by the opponents
of fair taxation of mutual in
stitutions falls of its own in
adequacies."
Evening star., 1961-08-10
METALS

T Partially tax exempt.
Evening star., 1961-09-11
VIRGINIA

3jOl Lee Huy, arlington
5O4O Chain Bridge Rd., Mclean
3025 Mt. Ternon AUe., Alexandria
1920 Keene Mill Rd., Springfield
308 Maple AUe., East Viennd
1904 Wilson Bud, Arlington
27l9 Washington BIpd., arlington
l08 Arlington Bird. Falls Church
at Seren Corners Shopping Center
Evening star., 1961-09-11
SAVE AT THE SCOT STATION NEAREST YOU:

MARYLAND
1919 Vest Street, Annapolis
493l Indian Head Hwy., Forest Heights
Route 2 at Mayo Road, EdgeUdter
68I5 Annapolis Rd., LandoUer Hills
Route 2, Richie HWy., EIvaton
Evening star., 1961-09-11
let Scot save you &c to 7c on every gallon

Since Scot specializes in gasolines and
motor oil rather than variety of "once.
in.a.while" items we can sell gasoline in
greater volume and at lower prices. And
since Scot Gasoline Stations are larger,
with more pumps available, you save time
as we'll as money every time you drive into
Scot Station.
Scot is the only gasoline company that in.
vites you to try tankful with satisfaction
guaranteed. The next time you need gas.
oline drive into Scot Gasoline station, and
select the finest octane.rated gasoline your
car can use on the basis of our guarantee.
Evening star., 1961-09-11

In private and state-sponsored tests, Scot
Gasolines have been proven equal to, or
better than, nationally advertised brands.
Scot Gasolines have all the latest scientific
refinery benefits, including weather blend.
ing and refinery freshness" There are no
finer gasolines on the market today than
those available at your nearest Scot Gas
Station-at &c to &c gallon less than you
pay for nationally advertised brands.
Because different engines have different
octane requirements, Scot Gasolines offer
a choice of INDIVIDUAL OCTANE
RATINGS. Every Scot station has chart
showing which octane grade is best for
your car :. which octane grade offers you
top engine efficiency and performance.
This way you don't waste money on a
higher octane rating than your engine can
use, and you don't waste power and pos.
sibly harm your engine by using lower
octane rating than your engine needs.
Evening star., 1961-09-11

DISTRICT OF COLUMBIA
1900 Ilth St. NV.
260I Virginia Aue. N.W.
7l9 NJ Street nv.
4727 Wisconsin Aue. NV.
Evening star., 1961-09-11
MARYLAND

MARYLAND
4470 St. Barnabas Road, MGrloto Heights
Route 30l, Waldorf
1925 Viers Mill Rd, Wheaton
Route 2I0 In Indian Head
5435 KeniIrcorth Ave, Riverside, Md.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-07-14
Sum and Substance:
Unknown Church
In Latin America
by FIR. John B. Sheerin, esp.

be used for the good of so
ciety. The capital sorely need
ed for economic Improvement.
he said, remains in 'the hands
of a relatively few"
WE CANNOT DO MucH for
Latin America until someone
succeeds in convincing these
rich capitalists to loosen up?
Who is. the someone? A COM
munist dictator will be able
to do it-by pointing a gun
at their heads. But there is
still time to staye off COM
muniSm and Catholic social &C
ton can be tremendously eff
fective. It is already playing
a large role in the social re-
form in Latin America. Why
then do our public officials
ignore it?
In a recent article on Chris
tian Democracy, a South
American member wrote: we
can take heart in the fact that
our party has now great po-
litical prestige among states
men, Christians, students and
workers and it is a prestige
which can but increase in the
measure that we remain
faithful to our precepts."
THOSE PREcEPTs, he said,
include agrarian reform, uni
versal franchise and the in
PRODUCTION of the workers into
the political life of the coun-
try: they exclude any COM
promise with reactionary ele-
mentS.
THE WEALTHY CLASSES
in South America need a con-
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-07-14
Making Marriage CIick
Conflict In Marriage:
No Reason To Panic
by Msgr. Irving A. DeBlanc

into the recreational area and
gradually affects the marital
relationship.
BUT CONFLICT is not some
thing to fear if you are real
ly in love. When q couple is
truly in love, marriage in itself
Weaves a rope of relationships
strong enough to hold them
together even if conflicts end
in destructive quarreling. A
destructive quarrel is one
which is directed at a person.
1t belittles and Furnishes that
persons ego. A productive
quarrel is directed at a
problem and comes to grips
with it. It clears the air and
generally leads to a more
complete understanding.
1t is relatively simple after
a productive quarrel for q
couple to kiss and make up
and be reminded again of the
depth of their love. Of course,
skill is needed to produce
good from conflict. One must
be able to identify sore spots
and reveal them to his part
ner.
TENSIONS MAY BE- DUE
to a lack of exercise or recre-
alton. Obviously, an answer
would be a few hours work
ing in the garden, playing golf
or cards, or bowling.
Emotional disturbances may
be at the root of tensions.
Maybe one partner has suf-
fered humiliations and per
sonal defeats that day. A wife
may be jeering at her -hus-
band for his inability 10 make
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-07-14
Inquiry Corner
Must We Repay Before
Receiving Absolution?
by Father Edward f. Healey

A. The question of capital
punishment is complicated by
the circumstances of time and
place. The Christian ideal GER
tainly favors every effort to
reach all men by an appeal to
the better nature. In some
unsettled times and places
this ideal must be modified
greatly, even to the extent of
capital punishment. This is
expressed by the long tradi-
ton of its acceptance and by
the principle of the divinely
given protective authority of
the state. AS stated by Father
Connell ("Outlines of Moral
theology: "The direct kill
ing Of an innocent person is
a sin of injustice against him.
society, and God. However, in
virtue of the divine authority
communicated to the State,
civil rulers may put to death
those guilty of serious crime;
and they may authorize their
citizens to kill the enemy in
a just war" 1t would be
wrong to say that capital pun
ishment is murder. It may be
the role of a Christian to
campaign for the elimination
of capital punishment where
it is not necessary or useful
for the protection of a par
ticular society leg. the United
States). If it is necessary and
useful for protecting the cit
liens it may and should be
kept, The answer to that ques-
ton rests with the combined
forces Of the best minds, le-
gal. scientific. and religious
and the conscientious deci-
sion of the people and their
representatives.
Send questions 10 Father
Edward r. Healey, Inquiry
Corner, The Catholic Times,
Box 63S, Columbus 10, Ohio.