davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-11

however, of the weak and the
craven. The President is be-
ing told day in and day out
by various advisers just how
he can surrender. One Sug-
geStion is that the West
should give up its present &C.
cupation rights in West Ber-
lin and share their zones with
the SovietS. The plan also
contemplates a camouflage-
locating some United Nations
activities in West Berlin as a
sort of cover for the surren-
der by the West.
All this might confuse
many Americans and even
satisfy pacifist sentiment, but
it would not be lost on Mos
COW. The meaning of the con-
cessionS at Munich in 1888
was not lost on Hitler. Many
who felt in 1888 that Munich
meant peace in our time"
discover their error a few
weeks later. Unfamiliarity
with the cult of evil men who
take over governments may
result in misconceptions once
but the world should not
be miSled again by a dicta-
tors tactics.
The behavior of Nikita
Khrushchev and his mesSen-
ger boy-Andrei Gromyko-
should not be misunderstood.
The Communists are out to
get all they can-short of
war. For they may we'll rea-
son that there is no need to
engage in a war if they can
get what they want without
a war.
The Kremlin stands to lose
nothing out of the Berlin
crisis. 1t stands ready to grab
something. 1t has already
sealed off East Berlin and
says that West Berlin can be
free" when it is information
allied and Soviet troops are
stationed there to guard the
Western sector along with
the Allies. East Berlin, how
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-11
POTOMAC FEVER
By FLETCHER KNEBEL

Khrushchev happy. He hears he's got rocket with
enough thrust to put cement wall the ahead
aStronautS.
Baseball outlook for so: The major leagues expand
westward embracing Tokyo and Yokohama Roger Mars
will hit his 18th home Yankee stadium in two feet of
snow Christmas Eve.
Family budget news: The Government would make a lot
more if it repealed the ax-and imposed an
outgo tax.
It's young mans world. All the old do is make
the and lose the peace.
Castro claims the United States planning an invasion
OF Cuba in 80 places Well in what happened last
time, let's hope of those places isn't Washington
Times change the atomic age the old one horse town
is now targeted by the enemy one-megaton town.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-11

The professional liberals
and self-nominated "intellec-
tualS" have opened hostilities
on President Kennedy. as
though one signal had sud-
denly sent them all forward.
Nearly every Washington
dinner table is strident with
their complaints.
1t is, on its actual merits.
one Of the least significant
assaults Of the decade. This
groups power Of voice is in
comparably greater than its
power in real politics. All the
same. the circumstances of
this action prevent it from
being merely ridiculous.
For, while the President is
desperately engaged with the
foreign crisis over Berlin,
these people seem determined
to present him also with
two-bit and homemade but
nevertheless annoying crisis
within the Democratic Party.
They have adopted three
general lines Of attack upon
President Kennedy - these
very people who a year ago
today were so Historically
for" Candidate Kennedy
that they could credit his
Republican opposition with
not single decent motive.
- They assert that Mr.. Ken
needy is not strongly" lead
ing the Democratic Party.
They denounce the late con-
gressional session for not be-
ing liberal" enough. And
they hit endlessly at the
President for taking a mid.
Ole, moderate course in near
ly everything.
Their notion Of a strong"
party leadership is an out
NODDED and sentimental ster.
eotype from the must" days
OF Franklin D. Roosevelt.
But the days of presidential
"musts" uttered in the fear
and chaos Of a great depres-
sion are long over, just as
are the days that made
must" a reasonable politi-
cal technique. and just as
the soup kitchens are now
closed and the banks now
open.
But these peoples notion
OF a good congressional pro-
gram is one that ignores all
present realities and proceeds
as though this country of the
prosperous SOS was, in fact,
still in the depression of the
30S. And their emotional re-
lection Of all moderation in
politics, as though tolerance
in public affairs was some
sort of betrayal of humanity,
ignores the fact that Mr..
Kennedy was elected most
narrowly in the first place
by demonstrably moderate
country and was himself an
only moderately liberal poll
tician.
What really gals these dis
enchanted Democrats is the
fact that the congressional
record was not only moderate
but also in important parts
strictly bipartisan. They can
not bear the thought that
Republicans contributed
measurably to it. What really
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-10-11
WILLIAM S. WHITE
Kennedy Critics '7wo-Bh Crisis

reason: 1t may force the
President to break at last the
thin bond he has with these
people-and to act in every
way precisely opposite to the
way they demand. If only
they can cause him to lose
the last scrap of his patience
with them, the country will
be the better for it.
For he needs and the coun-
try needs more moderation
and restraint in domestic
spending, not less: more BIZ
partisanship, not less; more
care to respect the convic-
tons of all factions, not less.
Evening star., 1961-12-15
Bank Loans, Deposits
Gain Durinq Week

Gross loans and deposits oil
WaShington's three largest
banks Increase d during the
week ended December 6 and
were we'll above mid-yeaI
marks. data from the Fedora,
Reserve Bank of Richmond in
dicated.
/ Gross loans of Riggs Nation
al. American Security G. Trust
and National Bank of Wash
ington aggregated $606.755,0OC
on December 6, compared with
594,688,000 week earlier anc
$587 100000 on June %.
Commercial and industiaI
loans rose to $152,783,00O COM
pared with $143,379,000 a week
earlier, but were behind $l75,-
100000 in June. Real estate
loans totaled $l69,805,00O VS.
$168, 100000 a month earlier
and we're about even with
$l69,777,000 on June %.
Deposits amounted to ST.
176.171 900 on December 6 COM
pared with $1,156,066,000 8
week earlier and 81, 1,142,202,0 ,00C
at mid-year. Demand deposit.
totaled $887,O8O,O0o VS.. $685..
100000 a week earlier anc
S954.625,000 in June. Time de-
posits ottaled $289,091.000 VS.
/ 289,664,000 a week earlier anc
S287,577,000 on June %.
Evening star., 1961-12-15
BUSINESS
BRIEFS
Rail Freight Loadings in the

Rail Freight LoadingS in the
week ended December 9 totaled
560,602 cars, down 2.3 per cent
from the previous week, but
8.3 per cent above the like
week a year ago. Assn. of
Amer. Railroads.
Gold Reserves in the week
ended December l3 totaled
$l6,925, 100000, a decline of $5l
million for the week. The loss
was the third in six weeks and
the stockpile is at its lowest
since September 81. 1899
Federal Reserve Board.
Wrather Corp. announced it
has agreed to pay nearly 81
million for the Gilbert family's
48 per cent interest in the A
&C. Gilbert Co., New Haven,
Conn. The acquisition may give
Wrather control of tn e
toy manufacturing company
founded So years ago.
Pyramid Rubber Co., Ra-
VIENNA, Ohio. will be merged
with Dunhill International,
Inc, the companies announced.
Date Of the merger is subject
to SEC approval.
Evening star., 1961-12-15
Earnings

Brown Shoe Co. in year
ended october 81 earned $1O.-
514,466 or $3.50 a share VS..
11,070,644 or $5.96 in 1860.
r. H. Macy Co. in So weeks
ended october % earned So
$4,000 or $4.09 a share VS..
$8,90O,0O0 or $4.18 in 1860.
Crackett Co. in year ended
September 80 earned $2,974, ,726
or $500 a share VS.. $3.50, 1866
or $2.78 in 1860.
A. G. Spalding & Bros. in
year ended October 81 earned
$969,754 or 81 cents a share
VS.. $1,408,528 or $1.41 in 1860.
Hamilton Watch in 9 months
ended October 81 had a loss
of $155,192 VS.. earnings of
$832,900 or $2.02 a share in
1860 period.
Evening star., 1961-12-15

be provided in the form of a
penthouse.
The micro-W tower atop
the penthouse will rise ITS feet
above the ground and will be-
come one of Silver Spring S
landmarks.
1t will provide a radio re-
lay system capable of carrying
as many as 1000 telephone
conversations simultaneously
and will connect Silver Spring
with a major croSS-country
route to the north.
Each Of the two additional
floors will add $4,000 square
feet or a total of $4,000 square
feet to the buildings present
$4,000 square feet, including
the basement. The penthouse
will provide another 2,400 to
expand the buildings total
space to around 81, 400 square
feet.
The building and tower are
required to provide for growth
and diversification Of long-diS-
tance equipment serving the
suburban Maryland. company
officials said.
When the present two-Story
building was completed in 1941
it represented an investment OF
Sc million. including land
building and equipment.
At that time there were &c.
600 telephones in the entire
Maryland suburban area o1
Montgomery and Prince
Georges Counties. Today there
are $4,000 telephones in this
same area and about 1000 are
being added each month, Off
cialS said.
Evening star., 1961-12-15
Fairfax Bank Raises
Suvinqs Interest

Directors of the National
Bank of Fairfax in Fairfax. Va,
last night authorized an in
crease in rates paid for savings
to the new permissible limits
which become effective January
I, it was announced by F. Car
berry Richie. executive vice
president.
Under revised regulations an
nounced by the Federal Reserve
Board and the Federal Deposit
Insurance Corp, the bank will
pay per cent on savings held
IL months or longer and 3l2
per cent on accounts held from
six months to a year.
The bank will hold its annual
Christmas dinner-dance for
officers, directors and employees
at the Court House Country
Club Saturday night.
Evening star., 1961-12-15
d. c. Hotel Sales
78 Pct. Above 1860

Total sales of "a member
hotels Of the Hotel Association
OF Washington were 1873 pei
cent above a year ago in No.
Vember and showed an increase
of 8.5 per cent for II months
Of this year, it was an
nounced by Bourbon Dawes
executive vice president.
Room sales were up 1863 pei
cent in November and IA pei
cent higher in II months. Fooc
sales were POI per cent aheac
Of a year ago in November anc
up 8.6 per cent in IL months
Beverage sales in November
were 1876 per cent higher anc
for II months were up 12.t
per cent.
The occupancy rate in No
vember was 68.6 per cent OF
8.3 per cent above a year ago
For IL months it was 76.7 per
cent or OIL per cent behind a
year ago,
Evening star., 1961-12-15
u. S. Photo Shows
S232.855 Loss

U. S. Photo Supply Co. had a
net loss of S232,855 in the fiscal
year ended September 80. COM
pared with a loss of $4,384 in
the previous year, it reported
yesterday.
Sales totaled $1,347,0 ,082 in the
year, compared with $l,3l4,692
in the preceding year.
The firms shares were sold
to the public here in 1860 at
$3.50 a share. scared to more
than $50, were split 5-for-1 last
April, and then slumped to
current level of around $3.50 a
share on the split stock. the
equivalent of $3.50 a share for
old stock.
Evening star., 1961-12-15
BY JACK LEFLER
AP Business News Writer

NEW YORK, Dec. IS - Shop
pers' dollars are falling like
snowflakeS into cash registers
as the Christmas buying season
swirls toward what may be an
all-time record.
Merchants across the country
generally report that crowds
started jamming the stores on
the day after Thanksgiving and
have kept coming.
A trend toward buying fall
out shelter equipment as house
hold gifts was noted by some
merchants.
Its wonderful" chortled Joe
Falk, owner of a big Kansas
City toy store. People are loos-
er with their money than last
year. They're buying the good
stuff and don't care what they
have to spend"
In some areas, however, buy
ing was about on a par with
last year or a little lower. Ap-
prehenSion over the inter-
national situation and anxiety
over further Gallup Of reserves
made some people cautious
about heavy buying.
4Pct. Rise Predicted
The United States Chamber
of Commerce predicted Ameri-
cans would spend S23 billion
this Christmas. up 4 per cent
from record 1860. The Nationa,
Retail Merchants Association
forecast a 2 per cent gain.
An Associated Press survey OF
merchants in major cities in.
dicated that in most areas peo-
pie are buying more and better
merchandise. have lost much Of
the caution that marked theil
shopping last year and are
splurging somewhat on luxuries
Merchants feel that genera
business improvement is re.
flected in the attitude OF theil
customers.
Prices are generally holdins
close to last year with increased
competition from discoun
houses being factor.
In New York City, department
stores reported crowds arrived
earlier and are spending NOR
money than last year.
Arthur L. Manchee, presiden
lof Macy's, biggest store of all
Evening star., 1961-12-15
Burke & Herbert
To Lift Rate

Directors of the Burke &
Herbert Bank & Trust Co. Of
Alexandria. Va, yesterday au-
thorized an increase in the rate
of interest on savings accounts
from 3 to 3l2 per cent per
annum, effective January /, ii
was announced by R. H. Boyle
president.
The bank will continue to
pay interest on savings semi
annually, he said.
Evening star., 1961-12-15
Factory Sa,,
Earnings Off
In Sd Quarter
By the Associated Press

Sales and earnings Of man.
ufacturing corporations de-
Iclined slightly in the third quar-
ter Of this year, two Govern
ment agencies reported.
The quarterly financial re-
port by the Securities and Ex-
change Commission and the
Federal Trade Commission said
however, that sales and earn
ings were substantially above
those during the latter part OF
1860 and early 1861.
July ber sales
amounted to 1888 billion
about 81 billion below the rec
ord volume Of sales reported
in the second quarter of this
year.
During the quarter ending in
September, profits after taxes
totaled $3.8 billion, 3 per cent
below the previous quarter but
6 per cent higher than in the
third quarter of 1860.
! The report said a dominant
factor in the sales and profit
picture was the reduced leve
Of activity in the automobile
industry, due partly to season.
al factors, including mode
change-overs, and also to work
stoppages.
In the first nine months oi
1861. manufacturing corpora.
tions had sales of $26l.2 billion
compared with $258.7 billion ir
the same period last year. Prof.
its after taxes amounted t
$l0.7 billion. ST billion less thar
in the first nine months o,
1860.
Evening star., 1961-12-15
Service Awards Given
By Westinghouse

Four members of the defense
products headquarters staff of
Westinghouse Electric Corp. re-
ceived awards in recognition of
long service to the company
yesterday.
Maj. Gen. Albert Boyd CUSAF'
Retired, Westinghouse vic e
president and general manager
of the defense products group,
presented awards to R. M. Will
son. marketing director with
Is years of service; c. A. Willer,
management services director
with 20 years; V. McMahill,
market planning manager with
Is years, and D. C. Goldberg
space materials director with 10
years of service.
Evening star., 1961-12-15
Lending Holds
Above 1860
In Associations

| Mortgage lending of the 81
member associations of the
District Savings and Loan
League slowed in November,
but remained we'll above a year
ago, reported President John
G. Kolb of the league today.
| Both receipts and with
drawalS of savings were behind
month earlier and a year
ago. The net inflow of savings
was about even with the pre-
vious month, but substantially
below year ago.
Loan settlements decreased
to $29,282,493 from $33,O67,-
495 in the previous month
but were ahead of $21,079,340
in November last year.
Disbursements Dip
Loan disbursements dipped
to S34.927.477 from $4O,380,-
l16 in the previous month and
$24,475,525 a year ago. Loan
repayment for November de-
creased to S23,87l,6l9 from
$28,054,376 in the previous
month and $l9,433,570.
The net outflow Of funds
was Sll,O55,857 VS.. $l2.325,739
in the previous month and SIS,
04l,956 a year ago.
Savings receipts for Novem-
were reduced to S35,183,93l
from S47,084.129 in October,
but were ahead of $30,046. .804 in
November last year. Savings
Withdrawals totaled $26,ll9,49l
in November VS.. $38,l62,30l in
october and $20,243,493 a year
ago.
This left a net savings in
flow of $9,064 ,440 for Novem-
ber, compared with a net gain
Iof $8,92l,828 in the previous
month, it was behind a net
inflow of S9,S03.311 in Novem-
ber last year, however.
Borrowings Edge Up
Association borrowings from
the Federal Home Loan Bank
System edged forward to SSH
100000 at the end of Novem-
ber from $51,782,372 a month
earlier. but remained behind
$62, OBS, $3.50 on November 80 last
year.
Invested savings totaled ST.
253,753.789 on November 80
compared with $1,243,625,l72 q
month earlier and $I,l05,153,-
761 a year ago.
Combined assets amounted
to 81 458,373,723 VS.. ST, ,44O 1885,
09l a month earlier and 1888
57l,835 a year earlier. Rea,
estate loans amounted to ST.
302, ,269,040 VS.. $1,288, ,809,387 9
month earlier and $1,160,122,-
524 on the same 1860 date.
Evening star., 1961-12-15

the Organization OF American
States.
Former Troop Ship
Inter American, now located
at 1101 Connecticut avenue
NV. but planning a move to
larger quarters in January, ex-
poets to put its floating trade
fair" aboard a 20,00O-ton YES
sci formerly used as a troop
ship and now in mothballS at
Norfolk.
The company is negotiating
with the U. S. Maritime Com
mission for a one-year charter
contract and a 10-year option
Evening star., 1961-12-15
Two Firms Declare
RequIor Dividends

Financial General Corp. and
Major Finance Corp. of Silver
Spring yesterday announced
regular dividends and the lat
ter voted a stock dividend.
Financial General voted the
usual quarterly of 7l2 cents a
common share and 5614 cents a
preferred share, both payable
February to holders of record
December 27.
Major Finance declared the
usual quarterly of 2 cents q
share and a l per cent stock
dividend on common stock
plus a quarterly of Is cents a
preferred share, all payable
January 5 to holders of record
December %.
Evening star., 1961-12-15
Auto SoIes Slow Up,
But Still TOP 1860

DETROIT, Dec. Is (AP).-
Sales of new domestic cars in
the first 10 days of December
averaged 1882 daily, the Slow
est selling rate since the in
PRODUCTION of the 1862 models
in late September, Wards au-
tomotive reports said.
Despite the drop the rate was
the best for the period since,
1856, Wards said, and ran AZ
per cent over 1860. VS.
Total deliveries for the eight
selling days were 148,654 units.
Evening star., 1961-12-15
TALKING OF BUSINESS
Floating Exhibit Hall Will Show
U. S. Goods in Hemisphere Ports

on the vessel. After-decks would
be renovated to display heavy
equipment such as small air
planes, helicopters and farm
machinery.
Inside the staterooms would
be redesigned to provide q
honeycomb of smaller exhibit
stalls. Each manufacturer would
be charged $ll,480 per 8 by
10 foot space, with 1880 stalls
available.
The idea would be to let
landlubbers at each port swarm
aboard and look at the new
goods during a six-day stay at
each port. Multi ti-lingual agents
would help explain the prod
ucts and take orders. Due to
tax and storage difficulties,
there would be no direct retail
selling.
To Visit Small Ports
Residents of both big and
small ports will get a chance
at this nautical window-shop-
ping. The itinerary includes
such out-of-the-Way places as
Puerto Limon in Costa Rica
(pop. 1,310) as well as Buenos
Aires and Rio.
Talks are still in progress to
have Moore Mccormack Lines
provide the crew and operate
the ship.
Mr.. Castelli even plans to
stop at one of the most remote
selling areas any Yankee sales
manager could display on his
office map: Puntas Arenas, the
jump-off point at the southern
tip Of Chile.
Evening star., 1961-12-15
Retail Store
Sales Rise
BY the Associated Press

The Commerce Department
has estimated sales of all retail
stores during October at $18.8
billion, 4 per cent above Sep
tember and l per cent higher
than in October. 1860.
After adjustment for sea-
sonal variations and trading
day differences, but not for
price changes, october sales
amounted to $18.6 billion. This
was an increase of 3 per cent
over the adjusted figure for
September but virtually un-
changed from October, 1860.
Evening star., 1961-12-15
Peoples Life Makes
S4OO,OOO Loan

Peoples Life Insurance Co. OF
Washington has made a con-
struction permanent loan for
100000 to Roy r. Hunt of
Spencerville, Md, to finance
construction of a building with
2l,500 square feet of space.
The building on the north
east corner of University Boule-
ward and Piney Branch Road
in nearby Maryland has been
leased by the Kroger Co. for a
new food market.
Evening star., 1961-12-15
Crichton Promoted
By Home Federal

Neil A. Crichton has been
promoted to assistant vice
president and loan officer of
Home Savings and Loan Asso-
citation. President Frank S.
Phillips announced.
Mr.. Crichton has had four
years of savings and loan ex-
perience and is treasurer of the
Evening star., 1961-12-15
YuIe Bonus Ordered
By Cherner Motor

The Cherner Motor Cos. of
Washington and Arlington will
pay their 33d consecutive
Christmas bonus for employees
in the next few days. it was
announced by Leon Cherner,
All of the firms 375 employees
also will receive Christmas
turkeys for their families.
Evening star., 1961-12-15

Savings and Loan Bowling
League. He was president Of
his Woodrow Wilson High
School graduating class and at
tended Ohio Wesleyan Univer-
sity.
He is president of the Park
wood Civic Association and
secretary of the Rock Creek
KiWaniS Club.
Evening star., 1961-12-15
METALS

NEW YORK. Dec. Is (AP).-Spot
nonferrous metal prices today: Copper
Lead lOi4 cents a pound, New York.
Zinc L. cents a pound East st. Louis.
Tin 1.207s a pound. New York. For
eign silver l.O3i4 per troy ounce, New
York. Pittsburgh scrap steel No.
heavy was quoted by Iron Age at
Evening star., 1961-12-15
Dividend Omitted

ENDICOTT, N. Y, Dec. 15'
(AP) The board of directors
of Endicott Johnson Corp.
unanimously voted yesterday to
omit the ST per snare quarterly
dividend normally payable jan
uary /, 1862, on the company's
4 per cent cumulative pre-
! ferred stock.
Evening star., 1961-12-15
C6P Telephone Starts
s! Million Addition to
Silver Spring Building
BY DONALD b. HADLEY
Star Financial Editor

The Chesapeake g. Potomac Telephone Co. has started
work ST. million addition to its Silver Spring building
including microwave tower that will greatly expand long
distance facilities for suburban Maryland
Two full floors will be added to the existing floors
the building and portion of future fifth sixth floors
Evening star., 1961-12-15
CHICAGO
LIVESTOCK

CHICAGO, Dec. Is (AP) (UsDA.-
Hoss, $500; active. butchers, steady
weights under 26O lbs; over 800 lbs
steady to weak; sows steady. to 25
lower: good shipping demand: early
clearance; mixed ~ ISO-325 ID
butchers .l1.25-l7.50; 81 head Is 210
lbs at l1.15; mixed l-3 laO-25O lbs
16.75-17.35; 2-3F 24O-2SO lbs 1926
1915; mixed l-3 330-4OO ID sows
13. I5-15.00; % 4OO-60O lbs l2.75-
1875.
Cattle 500 calves none: slaughter
steers slow, steady; cows steady to
strong: a few sales bulls and vealers
steady: not enough of any other class
on offer to establish a trend a load
of choice 1,127 ID steers $3.50: a six
load string of mixed good and choice
around 1915 lbs at $3.50: feed lot
mates at the same price Thursday; a
load of good and choice l,075 lbs at
$3.50: utility cows 14.50-l ) rs; cut
ters 1880 14.75. Gamers II DOL $50,
utility and commercial bulls N 90.
cl.00: couple head good vealers up tc
$500,