davidaulloa/AmericanStories huggingface dataset:
Evening star., 1961-07-11
TexucoStock
Split 2-to-1

NEW YORK. July II (AP).-
Directors of Texaco, Inc, today
voted to split the oil firms
stock 2 for / and pay a higher
dividend.
The action followed stock.
holder approval at a Specia
meeting of an increase in au.
thorized capital stock from II
million to $50 million shares
and Of the stock split.
Directors fixed July 10 a.
record date for the split and
said new certificates for ad-
ditional shares would be mailed
out beginning August 10.
Directors declared a regular
dividend of 40 cents a share
payable September II to hold.
ers Of record August 81. This
is equal to 80 cents a share on
present stock, on which the
quarterly dividend was s.
cents.
Evening star., 1961-07-11

the total rose to $16,063,4
compared with $6,823, 900 in
the same 1860 period.
District government projects
also lifted totals for both June
and six months. They totaled
81 ,427,650 in June and $18,456,-
757 for the six months. COM
pared with $4,40o and $685. :
600, respectively, a year earlier.
Office buildings accounted
for only 100000 in June and
$965,000 for six months. These
totals contrasted with $2.5 mil
lion in June, 1860, and $9,011,-
200 for six months a year ago.
Dwellings were valued at
$566,000, compared with 1884,
900 in June last year. Six
months. dwellings totaled $2,-
$4,000, compared with $2,419,-
400 a year earlier.
Among other June items not
included in the major claSsifi-
cations were: $950,000 for a
motel; 100000 for a parking
garage; $103,OO0 for two
churches and $4,000 for two
stores.
Evening star., 1961-07-11
DynoIectron Names
Groubort Treasurer

Burton L. Graubart, of Ken
sington has been elected treas
urer of Dynalectron Corp, for
merly California Eastern Avia-
tion, it was announced by Presi-
dent Charles G. Gulledge.
Mr.. Graubart has been as
sistant treasurer of the COM
pany and its subsidiary, Land
Air. Inc, of Chicago, since 1859
He is a native of New York
City and a graduate of Syra-
cuse University. He holds de-
grees from New York Univer-
sity and Blackstone School OF
Law (Chicago) and is a certi-
fled public accountant in New
York and Illinois.
Evening star., 1961-07-11
CHAIN STORE
SALES
CHICAGO
LIVESTOCK

CHICAGO, July IL (AP) (UsDA)-
Hog 5000; active, butchers strong Il
mostly % higher; sows steady to 2f
higher; fair shipping demand: earlS
clearance; 2 and 1-3 2OO-225 Id
butchers 18.5O-IS,75, a liberal suppiy
A. 1870; mixed 1-3 and % 22OI35e
IDS; lS.OO-lS.5 80: two loads la $50
40 lbs. at 17.75-1S.25; two loads OFT
IDS. at 1915; 2-3 250-2SO lbs. II 5O.
1900; a load IS $50 lbs. 1926; mixed
Ia 300-400 ID. sows l4.25-iB. 90; 81
440-5O0 lbs. l3.25-14 %; 5OO-6OO lbs
Cattle 5000; calves none: slauVhte,
steers fairly active, steady to 25 high.
er; heiferS mostly steady; COWS anc
bulls steady to 25 higher; other classe,
scarce; choice and prime 9O0-l 400 Id
steers 21 1.50-23.00; a few loads mixed
choice and prime 1,lO0-1,25O lbs
23.0O-23.50; good 900-1 300 lbs, %. rs.
100; utility and standard 1880.
2O.5O; choice. heifers 22.25-23. 90.
good and mixed good and choice 2l 90.
22.25; utility and standard 1880.
2O.5O; cutter, utility and commercial
cows 400 IA 80; Gamers, 14.25-14 80
utility and commercial bulls 1928
20.50; q few good and choice veaieri
22.0O.2S.0 culls down to 1000; .
part load good 525 lb. stock steers
Evening star., 1961-07-11
Variable Annuity
Names GuIfond
As Associate

David C. Galfond, formerly
a dvertiSing director for
Georges Radio & TV Co., has
resigned to join the Variable
Annuity Life Insurance Co. OF
America as an associate.
Following a favorable Su-
preme Court decision regarding
the company's plan to market
variable annuity contracts
VALIC has embarked upon an
intense expansion program.
Mr.. Galfond was at one time
executive vice president oil
Home, Inc. "Do-it- Yourself
Center" and has been associ-
ated with a Washington Adver-
tising Agency. Previous expert
ence also includes a five-year
stay with Southern Wholesalers
Inc.
Evening star., 1961-07-11
Ouesodo on Board
OF D. c. Transit

1t. Gen. E. r. pete" Que
sada, USAF (retD. has been
elected a director Of the D. c;
Transit System, Inc, (Dela-
ware) the company announced
today.
The new director owns no
stock in D. C. Transit nor in its
parent company, TranSporta-
ton Corp. of America, a COM
pany spokesman confirmed
yesterday. The spokesman said
the general would probably
acquire "at least a token num-
ber of shares" a customary
procedure for directors in many
companies,
Evening star., 1961-07-11

Boys Club of Greater Wash
ington.
New Branch Manager
Mr.. Denny has been with the
bank since 1855 and will be-
come manager Of the new
branch office at Twentieth and
K streets NV, when it opens
in September. He served with
distinction in the Marine Corps
for IA years and retired as a
captain in 1854.
Mr.. Merwin has been in the
National Savings trust depart
ment since 1852. He is a grad
uate of the University of Mary
land and attended George
Washington University Law
School.
Mr.. Cornbrooks has been
with the bank since 1858. He
attended Florida State Univer-
sity and George Washington
University Law School. He is
a member of the District Bar
and a member of the Metro
politan Washington Board of
Trade.
At their meeting today. di-
rectors also declared the usual
quarterly dividend of so cents a
share, payable August l to
stockholders of record at the
close, July IA.
Evening star., 1961-07-11

average income has been COR
rected" for price increases over
the years and thus, the report
that real income has been
climbing by about 2 per cent q
year reflects the real gain in
what the extra dollars buy in
the market place.
The income figures are COM
piled from annual surveys Of
family income by the Census
Bureau and from Federal in
dividual income tax returns. II
you want more details on this
write to the Department of
Commerce. Washington, D. c.,
for the May issue of the Survey
of Current Business.
Distributed 1851 by The Hall
Syndicate Inc All Rishts Reserved)
Evening star., 1961-07-11

assistant vice presidents. JOnn
c. Merwin and John E. Corn
brooks were named assistant
trust officers.
T. A. Whipple, former vice
president and cashier of the
Harter Bank a. Trust Co. of
Canton. Ohio, also was elected
assistant vice president.
Joined Bank in 1885
Mr.. Bolton has been with the
trust company since 1885 and
has been active in a wide range
Of financial and community
affairs. He is a graduate of
Strayer's College of Account
ancy and the Stonier Graduate
School of Banking at Rutgers
University.
He is director of American
Growth Investment Co. and
has been active in the District
Bankers Association. He is a
member of the Metropolitan
Washington Board of Trade,
the Retail Credit Mems ASso-
citation, Robert Morris Asso-
ciateS and the Mortgage Bank
ers Association.
He is serving as an assistant
treasurer for the Boys Club of
Greater Washington, Group
disqualification, Medical Serv-
ice of the District of Columbia
and United Givers Fund. He
also is treasurer of the Boys
Club Foundation.
Has Wide Experience
Mr.. Whipple. who joins the
National Savings staff as as
sistant vice president, has had
wide experience in bank opera
tions. He attended Otterbein
College where he received his
BIS degree.
Mr.. McCeney has been aSso-
ciated with the bank since 1858
and is graduate of George
town University. He has been
active in a variety of civic or
ganizations and is a member of
the Washington Real Estate
Board and the Mortgage Bank
ers Association.
Mr.. Scott has been with Ma
tional Savings for more. than
20 years and has been assistant
secretary. He attended Amer
lean Institute of Banking,
George Washington University
and is a graduate of Stonier
Graduate School at Rutgers.
He served with distinction as a
combat pilot in World War II.
He is a member of the Mort
gage Bankers Association and
is an assistant treasurer Of the
Evening star., 1961-07-11
Home Building Assets
Exceed $17 Million

Assets of Home Building
reached a new high of ST.
036,855 on June 30, up 325 per
cent from $12,855, 400 on the
same 1860 date, reported Edgar
F. Britt, executive secretary
Invested savings also in
creased to $15,849, 900, a gain
of 1928 per cent from $11, ,977,-
600 a year earlier, he said.
Mortgage loans expanded to
$15,O56, 200 from $10,624,700, 9
rise of ALI per cent.
Reserves reached a new peak
of $605, 800 at mid-year, a gain
of 35.8 per cent from $466,080
year earlier.
Evening star., 1961-07-11
YOUR
MONEYS WORTH
What's Average Income'?
~ SYLVIA PORTER

When, a few weeks ago,
wrote a column reporting that
you're an average family il
your income before taxes is
now running over $1,000 g
year, you're on the bottom hall
of the income scale if your
family income isn't over SIS, 800.
"a year and you're typical il
your real income has been
climbing by about 2 per cent a
year since World War II, a
startling number of you wrote
or phoned to say the equivalent
of "Nuts!"
The more gracious writer's
implied my story was incom-
plete and asked intelligent
questions about the definition
of average. mean, median, fam
lily, real. etc. The belligerent
suggested I was either an ig-
noramuS or was deliberately
spreading a pack of lies.
Thank you, for making me
realize that I didn't adequately
clarity my statements, here are
the answers.
Terms Are Defined
Average" income is mean
income-which is found by
dividing the total of personal
incomes by the number OF
families and unattached indi-
viduals in the country. In 1860
total personal income was
1885 billion and the number
Of families and unattached in
dividuals at the year end was
55.9 million. By division you
get to a rounded figure of
$500 for average income in
1860. That is easily over $1,000
today.
The average (mean) is tilted
upward by the fact that it
includes families at the very
top Of the income scale which
is probably why it surprised
people. To make the definition
clearer. say your family con-
siStS of a wife age Is, a hus-
band age 80, a baby age one.
The average age of your family
Evening star., 1961-07-11
Steel Output
Drops 7.6%

NEW YORK, July II (AP)-
The Nations steel output
dropped 7.6 per cent in the
Fouth of July holiday week end
ed Saturday for its biggest tum-
BILE of 1861 to date.
The American Iron and Steel
Institute reported that produc-
ton totaled 1,779,000 tons,
down 100000 tons from the
preceding week.
In addition to the holiday,
the traditional summertime lull
influenced the decline, which
had been expected.
Evening star., 1961-07-11
Merged UAL Reports
PASSENGER Record

NEW YORK, July IL (AP)
Passengers carried by United
Air Lines last month shattered
all records for domestic
carriers in the history of COM
mercial aviation.
United became the nations
largest carrier with the merger
last spring of United and
Capital Air Lines.
During June it carried l.
$4,000 passengers and flew
"a record 791,213,000 revenue
passenger. miles in the first
month of expanded operations.
Evening star., 1961-07-11
Science-Industry Show
Set at Silver Spring

The Montgomery County
Government and the Silver
Spring Board Of Trade will CO.
operate in presentation of the
county's first Science-Industry
Showcase at the Silver Spring
Armory July 27-29.
More than 80 of the county's
private and governmental re-
search and development indus
tries will have exhibits at the
show.
Among the research giants
Evening star., 1961-07-11

is roughly 1871 years (56 divided
by three) although none of you
is that age.
"Median" income refers to
the income at the middle. /"
meaning half the families have
more, half have less. In 1860,
this was $500 and if you
didn't have it, you were in the
bottom half.
Families are units of two or
more persons related by blood,
marriage or adoption and liv-
ing together. Unattached in
dividuals are persons not living
with relatives or in institu-
tions. The figures above refer
to income for $50 million
families and unattache d
individuals.
Personal income totals in
clude what is earned by every
member of the family and
from all sources. This covers
the spending money earned by
a youngSter with a newspaper
route as well as the paychecks
OF adults. 1t counts income not
only from wages and salaries,
dividends and interest but pro-
prietorS' and rental income too.
The Commerce Department
also estimates a cash value for
food and fuel produced and
consumed on farms. In short,
this is a total figure.
Annual Surveys
The average of $500 in 1860
was before Federal income
taxes. The average after Fed
eral income taxes was $6,l70.
State taxes are not deducted
but If they were, they'd reduce
the after-tax average by only
about $35 or so. The Commerce
Department doesn't calculate
average income after indirect
taxes because it hasn't a firm
feeling on who pays these
taxes.
Real" income means the
Evening star., 1961-07-11
Merger Announced

PHILADELPHIA, July II
(AP). - Pioneer Industries of
Philadelphia and the Hickok
Manufacturing Co. of Roches-
ter, N. Y, announced they had
merged. The two firms said
there would be no management
changes.
Evening star., 1961-07-11

located in the country are:
The National Institutes of
Health, the National Naval
Medical Center. the Johns
Hopkins University Applied
Physics Laboratory, the David
Taylor Model Basin. the Atomic
Energy Commission.
Evening star., 1961-07-11
Rote on 9l-Duy Bills
Shows Slight Rise
BY the Assnciateh prsss

The Governments short-term
borrowing costs rose with yes
terday's offering of Treasury
bills.
On $1.1 billion of 91-day bills
the average yield was 1892 per
cent. The rate week ago was
2.305 per cent.
Bids for the $500 million of
lS2-day bills averaged asia per
cent. Last weeks rate was
2,486 per cent.
Evening star., 1961-07-11
BUSINESS
BRIEFS
Business Failures in the week

Business Failures in the week
ended July 6 totaled 220 COM
pared with 326 in the previous
week and 271 in the like week
a year ago.-Dun & Bradstreet.
Hayes Corp. announced re-
ceipt OF a So million Air Force
contract for aircraft mainte-
nance and modification.
Quaker Oats Co. announced
it is negotiating to acquire
BURY Biscuit Corp, Elizabeth,
N. j., a cookie and cracker pro-
ducer
Evening star., 1961-07-11
NSGT Names Bolton
Senior Vice President,
Five Others Promoted
BY DONALD b. HADLEY
star Financial Editor

j. Russell Bolton promoted from president to
senior vice president of National Savings Trust
board meeting today President Douglas r. Smith
Five other officers promoted and former Ohio
banker was elected assistant vice president
Hyatt McCeney advanced assistant president
and real estate officer
Donald l.. Scott and Paul E. Denny were promoted to
Evening star., 1961-07-11
OVER COUNTER

FOLLOWING prices furnished BY the
Nation9l A. Association of Securities Deal
within which locally active securities
could nave been bought or sold at /
D m. I1lesdaX .IIllN q. - w " =
Evening star., 1961-07-11
TREASURY BONDS

Nl2 anlbyl rs
NEW YORK (AP)-Noon over the coun.
ter u. s.. Government Treasury bonds,
bid asked, net change and yield for
Evening star., 1961-07-11
MUTUAL FUNDS

NEW YORK (AP).
- National Associa-
ton Securities Deal.
ArS. InC.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-13
Evening. Cont.
7::3o q MAVERICK.

Western l Hour. "The Forbidden City "
Brent Robert CoIbert) discovers that
the leading citizens in "sinIess town"
are involved in secret crimes (Repeat)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-13

cusses the meaning of words.
"a THE LAWMAN.
Western MARX of Cain" A Vengefu
widow colleen Cray attempts to place
a murder charge on her brother-in-Iaw
John kelIogg). tRepeatJ
10 a SUNDAY MYSTERY HOUR.
Drama. Enough Rope" A psychiatrst
(Richard CarIson) murders his wife tBar-
bara Stuart) and tries to disguise his
girl friend Joan oBrien) to look like her.
tRepeat)
@ JOHN CROSBY SHOW.
Discussion l Hour Women" Guests:
Elsa Manchester, Suzy Parker, Anita
Colby and Stella Adler tRepeat)
"a THE REBEL.
Western. "Berserk" western sheriff
Tom Drake) becomes mentally III and
causes an unfortunate shooting. tRepeatO
q GENERAL ELECTRIC THEATER.
Drama Image of Doctor" A woman
doctor Ida Lupino) becomes para
pIegic through an act of heroism and
struggles to continue her medical career.
tRepeat)
30 q THE ASPHALT JUNGLE.
Police l Hour. "The McMasters Story
reformed ganester is slain - years
after going straight" Erin o6rien,
Edward Binns (Repeat)
q HOLIDAY LODGE.
Comedy. Miller and Boone Wayne and
Shuster) lose their salaries to a pre-
cocous young actress Evelyn Rude)
and make a deal with magazine to get
her "rea" story.
90 q LORETTA YOUNG SHOW.
Drama "The Choice" A wealthy woman
miss Young) must choose between re-
spect for her marriage vows and hope
for fulfiIIment as woman.
q STARLIGHT THEATER.
Movie. lH2 Hours. "Flying Deuces"
1889. Stan Laurel and oliver Hardy in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-13
On TAB HUNTER SHOW.

Comedy. Morgan (Hunter) faces law
suit when he visits d girls college to
deliver a lecture. (Repeat)
Milford chronicle., 1961-03-10
State Heads List Of
Inventing Leaders

While Delaware is next to the
bottom of the list of states in any
comparison of size, its citizens
rank first in the Nation for in
ventiveness advises the Delaware
State Development Department
Basing it's observations on a
tabulation made recently by the
u. S. Patent Office, the state in
formation agency points out that,
in 1960-for the second straight
year-pelaware leads the Nation
in patents per capita with an aver
age of one patent for each 1909
residents. The national average
was one to every 3.273 persons.
While the more populous and
larger states naturally produced a
greater number of inventors. no
one of them topped Delaware per-
centagewise. notes the state infor-
nation agency. New Jersey, accord
ing to the Patent Office tabulation.
was second to Delaware with an
average of one patent grant TO
every 1701 persons. while Conn
ecticut was third with one to every
1888 residents and Illinois fourth
with an issuance of patent TO one
person out of each 1856 people.
A total of 1879 patents were
issued during calendar year 1860
to residents of the United States
as compared with 46,937 patents
for the previous year.
Milford chronicle., 1961-03-10
Business Men Will
Conduct Institute
Starting March IA
CONTINUED from page one)

continued from page one)
ships" by Joshua Twilley, Attor-
ney. Dover.
April 4: Banking and Small
Business" by James II. Dawson,
Vice President, Bank of Delaware.
April IL: Control and Record
Keeping" by Bernard II. Isaac
son, CPA, Isaacson-Stolper & Co.
April IS: SALES Promotion and
Advertising" by German Walsh,
Manager. John Gilbert Craig Ad-
vertising Agency, Inc.
April 25: Personal Manage
Personnel Director, Wilmington
Trust Company.
May 2: Sources of Information
and Assistance" by Stanley Gal
lagher, Manager and Research
Specialist of the Small Business
Administration.
May s Monday: Human Re-
lations," by p. b. Lewis. Manager,
Personnel Division. dupont de
Nemours and Company This ses-
sion will also include a banquet.
/ AGI W III ut ny
the Distributive Education Service
of the State Department of Public
instruction and the Dover Special
Scnool District to all those who
attended ninety per cent of the
meetings.
The Institute is sponsored by
the Distributive Education Service
of the State Department of Public
instruction, Greater Dover Cham
ber of Commerce, u. S. Small Bus
mess Administration, Dover School
District, and Dover Lions. 1t will
be under the direction of Earl j.
Dodrill, State Supervisor, Distri-
butive Education, State Depart
ment of Public Instruction; Jay
Fickes, Coordinator, Distributive
Education. Dover High School !;
and Robert West. Coordinator, Dis
tributive Education. Milford High
School.
The registration fee for the en-
tire Institute is $500. to cover
the costs of instruction, program
material. certificate and the cor
cluding banquet. Businessmen are
urged to register in advance since
enrolment will be limited TO for
ty.
Mr.. Dodrill points out that since
the organization of Small Business
Administration in 1854. over zoo
Business Management Institute
courses have been given through
out the United States by over 100
educational institutions. Over 5000
businessmen have attended these
courses. Mr.. Dodrill further states
that in the ever increasing COM
petitive field of business it is es-
sential that businessmen be cog
infant of the need for additional
training to enable them to keep
abreast of our changing economy.
This Institute will try to achieve
! this purpose.
Those persons desiring addition
al information are requested TO
contact Mr.. Dodrill at REdfield
4-5711. Extension 234.
Milford chronicle., 1961-03-10
Christian Youth Plans
For 1861 Conference

The annual business meeting Of
Youth Council was held at the
Claggett Diocesan Center in Buck
eyestown, Maryland. Included in
this meeting were youth and adult
delegates from denominations and
Christian Youth Councils in Mary
land, Delaware, and the District of
Columbia.
The purpose of the meeting was
to make plans for 1861 with con-
sideration given TO five areas of
youth work known as the five
Commissions. These areas are
Faith, Witness, Fellowship, Citizen
ship and Outreach.
Plans were made for the annual
spring conference which will b e
held this year in Wilmington, Del
aware, on April and g. The theme
of the conference will be "The
State of the Church in the Space
Age" and young people will parti-
cipate in discussions on such sub
jects as Science and Religion,
Youth in the Church" and "Rela.
tionship of the Church and State"
The conference will be held in
the Presbyterian Church of n e
Covenant and ST. Marks Lutheran
Church and is open to all young
people of the Chesapeake Area
Plans were made, also, for an
Ecumenical Conference to be held
the last week of August when
consideration will be given to such
Milford chronicle., 1961-03-10
Deadline For Mother
Of Year Nominations
Is Close At Hand
Continued from page one)

continued from page one)
cross. Odessa;
1953-Mrs. Samuel ]. Stein, Sea-
ford:
1854 = Mrs. Edgar J. Boggs,
Cheswold;
1s55-Mrs. Morris L. Zurkow,
Dover:
1956-Mrs. George F. Seitz. Sr..
Wilmington;
1957--Mrs. Edgar r. Isaacs. Sr.,
of near Milford:
195S-Mrs. George Ehinger, Do
yer;
1959-Mrs. e. Edward Thomp-
son, Rehoboth Beach:
1960-Mrs. Bessie Ellegood
Mayer, Dover.
According to Mrs. Cam, each of
the fifty states. the District of
Columbia and Puerto Rico, will
designate an entry for the Amer
lean Mother of the Year Contest
and announcement of identity of
the winner of national honors will
be made on the opening day of the
Annual Mothers Conference, Tues
day. May 8, at the Waldorf-Astor-
ia, New York. All the 1861 State
Mothers, along with the new Amer
lean Mother of the Year, will be
especially honored during the Con-
ference.
Contest rules provide that nom
inees should have the following
qualifications, which are to be ver-
flied by family members, friends,
organization officials, churc h
groups or other sources:
l. That she be a successful mo-
ther as evidenced by the character
and achievements of her individual
children.
2. That she be an active member
of religious body.
3. That she embody those traits
highly regarded in mothers =
courage. cheerfulness, patience,
affection, kindness and understand
ing and a home-making ability.
4. That she exemplify in her life
and conduct the preeepts of the
Golden Rule.
5. That she have a sense of re-
sponsibility in civic affairs and
that she be active in service for
public benefit.
6. That she be qualified to rep
resent the Mothers of America in
all responsibilities attached to
her role as the National Mother.