davidaulloa/AmericanStories huggingface dataset:
Evening star., 1961-12-19
Grand Union to Lease
Fairfax Circle SPACE

The Grand Union Co. plans
to lease $4,000 square feet of
space in the new Fairfax circle
shopping center at Fairfax,
Va, for a proposed supermar-
ket.
The Berens Cos. leasing and
management agents, said
ground will be broken later this
month for the modified Co.
lonial" center. Occupancy is
planned for late summer in
1862.
The supermarket plans call
for parking space for $50 cars.
North American Bowl, Inc,
has also leased $4,000 square
feet of space for a 40-lane
bowling center. Additional
plans call for a bank, drug
store, variety store and execu-
tive office space. Total con-
struction will amount to about
, So million.
Evening star., 1961-12-19
New'Chunoe
Due to Open
On March 7

NEW YORK, Dec. 10 (APD -
The Nations 14th organized
securities exchange, the Ma
tional Stock Exchange, will
open for trading of common
stocks March 7 in New York.
Unlike existing securities
marts, price fluctuations will be
quoted by tenths 90 cents
instead of the traditional
eighths of a point Q2ha cents.
Otherwise, Lawrence H. Tay-
lor, NSE chairman said yester-
day, procedures will more or
less closely follow those of the
New York Stock Exchange, by
far the country's largest, and
other functioning exchanges.
In another innovation, COM
missions on sales and purchases
of stock will be figured strictly
ON the dollar size of the trans
action, rather than on a COM
bination of number of shares
and dollar value.
Evening star., 1961-12-19
R. Paul Hammond
Advanced by Bank
Of Commerce

r. Paul Hammond, assistant
cashier at the main office OF
the Bank of Commerce. has
been promoted to assistant vice
president, it was announced to-
day by President Thomas J
Groom.
A native of Hogansville, Ga.
Mr.. Hammond began his bank
ing career in the First National
Bank of Atlanta. Ga, in 1948
He has a degree in finance from
the University of Richmond
and a masters degree in bust
ness administration from
George Washington University
He also is a graduate of the
American Institute of Banking
and currently is enrolled in the
Stonier Graduate School OF
Banking at Rutgers University
He served for two years in the
Army.
Since joining the Bank OF
Commerce in February, 1857
ne has served in all depart
mentS.
Evening star., 1961-12-19
Weir Named Head
Of Sears, Roebuck
Stores in Area

OSby L. Weir has been ap-
pointed general manager OF
area stores of Sears, Roebuck
& Co., to succeed John T. Bar
nett, whose retirement on Jan
uary 81 was announced recently
Mr.. Weir has been assistant
to the vice president in charge
of Sears MidWeStern territory
since May, 1857. His new ap-
pointment was announced by
Hugh K. Duffield vice president
of Sears Eastern territory.
Shortly after graduation from
the University of Chicago. Mr.
Weir Joined the Sears organiza-
ton in 1888 as an office as
siStant and later held positions
in Rockford, Ill: Wausau, Wis.
and Chicago.
From 1887 to l948 he was
wage and salary administrator
in Sears national personnel de-
partment. He managed various
stores and zones in the Middle
western region before taking
over his most recent post in
1857.
The 49-year-old general man.
ager was born in Martinsville
III. He has been active in the
Lions Club, the Kiwanis Club
the Boy Scouts, Boys Club
YMCA and other organizations
and has been secretary of the
Illinois Junior Association OF
Commerce. He is a member OF
the First Baptist Church OF
Berwyn, Ill. the Baptist Retire
ment Home Board and the
Church Federation of Chicago
Evening star., 1961-12-19
CHICAGO
LIVESTOCK

CHICAGO. Dec. 10 (AP).-msDAI
butchers opened steady to 25 lower,
cioslng steady to weak Sows about
steady; good shipping demand; around
90 head - 2O0-2l0 lbs. rs. 90; most
LIZ i90-225 lbs l7.5O-l7 .S5: bulk Ia
isu-@4O lbs. l7.OO-l7.65: 2-3 24O-
2So lbs. l6.50-l1 90: 27O-3OO lbs.
1900 1850: mixed 3 .S0-40G lbs.
1" 55-i4 4.25: shippers took $500.
cattle 1000; calves 100: slaughter
steers high choice and prime moder-
ately active and steady: lower Grades
STEADY, to 80 lower with low choice
and down % to so lower: heifers
SLOW, steady TO so lower; cows opened
iuily steady. now steady to 20 lower;
bulls steady. to strong; vealerS fully
steady: Stockers and feeders weak to
90 lower; three, loads, prime around
losG lsGo r,det,v ID SIaqghteT ,S6 steers 27.a5
bulk choice and mixed choice and
prime 950-l,45O lbs. 25O0-27.25: load
lots mixed good and choice under ] 300
lbs. "a. 75-25.25; a load of good | 1.2OO
lbs 24.50; bulk good 23.00-25.OO; a
half load mixed choice and prime
heifers 1850; bulk choice 24.25-"5 90:
good largely 23.00-24 70; a load OF
standard with good end 22.OO: COM
meEcial cows l5;OO-16.50; utility 400
cutters I$,25-I4.7 5; Gamers ii.75-
1880; utility and commercial bulls
l9.O0-25 90; a package Of good 500
ID. stock steers 24.25; medium and
good 4S0-500 Id. stock heifers - To-
$3.50: good S25-S50 ID. feeder steers
23.OO-23.5O: SIS head string good $50
lb. feeding heifers 2@.S5.
Evening star., 1961-12-19
First Virginia Files
Stock Registration

First Virginia Corp. has filed
a statement with the Securities
and Exchange Commission COW
ering issuance of 10000 shares
Of Glass A common stock to be
exchanged in acquisition of the
Richmond Bank & Trust Co.
AS reported some time ago,
First Virginia will exchange "a
of its shares fore each share of
Richmond Bank Il Trust.
Prospectus for the additional
shares reviewed plans of First
Virginia for acquisition of the
Farmers and Merchants Ma
tional Of Winchester and the
Southern Bank of Norfolk, also
through exchanges of stock
These acquisitions will require
issuance of another % million
shares of Glass A common
stock.
Evening star., 1961-12-19


ternational, Inc.
Dart Drug was represented at
the signing by President Her.
bert H. Haft and Towers Marts
by George JolSon of the James
L. Dixon Realty Co. of Wash
ington.
Mr.. Haft said the new Dart
Drug store will be the prototype
for a series of eight Supermar-
ket-type stores, which will en-
able his company to handle a
wider range of merchandise
than it handles at existing
stores.
The larger units will range in
size from 1000 to 10000 square
feet and will be located in
shopping centerS. Judging from
the volume of present company
stores. the larger units should
nandle annual volume of well
over ST million each, Mr.. Haft
kaid. Additional sites for large
6tores will be announced shortly,
he declared.
In development of the Seven
Corners center, the present
O,000-square-foot Towers store
will be increased to 100000
square feet. When completed
the center will have around
100000 square feet and will in
clude a five-story office build
hng with elevators for business,
professional. medical and dem
tai offices, Mr.. JolSon said.
A 20,000-Square-foot Food
Fair store and discount retail
erS of soft goods, shoes and
other merchandise will have
store space. Only discount re-
tallerS will be included, Mr..
JolSon declared.
Evening star., 1961-12-19
Capital Auto Sales
Reach New Hiohs

New-car sales in Washington
reached new high marks for
both November and IL months
of this year, it was announced
by the Department of Motor
Vehicles.
November sales totaled 2.575.
a gain of 1873 per cent from
2,264 in November last year.
However, because of a lag
earlier in the year. sales of 25,-
GIG units in II months were
only 2.7 per cent above "a
947 a year earlier.
Quito dealers reported De-
cember sales are showing even
better gains than in Novem-
her
Evening star., 1961-12-19
Steel Production Hits
19-Month Hioh Aouin

NEW YORK, Dec. 10 CAP)
Steel production hit a 49,
month high again last week
for the second consecutive week
The American Iron & Steel
institute reported production
totaled % million net tons or
almost 2 per cent above the
previous weeks 2,158,0O0. Both
figures were the highest since
the l,210,00O-ton output in the
week of April 80, 1860.
Evening star., 1961-12-19
General Foods Quits
Frozen Buby Foods

NEW YORK, Dec. 10 CAP).
General Foods Corp, White
Plains, N. Y, said it is with
drawing from the market its
line of frozen instant baby
foods, sold under the Birds Eye
label.
The company also said it has
abandoned plans to build a
plant to produce these foods at
Canandaigua, N. Y.
The foods were put on the
market two and one-half years
ago but were not sufficiently
profitable under existing pro-
duction methods, the company
said.
Evening star., 1961-12-19
YOUR
MONEYS WORTH
Steps to Protect the Dollar
ST SYLVIA PORTER

The Government is taking
major steps to protect the dol
lar against foreign raiders and
to convince skepticS that Presi-
dent Kennedy means it when
he says we will get our ma
tional financial house in order
All over the world, the in
tegrity of our dollar is being
debated. For this year, we
again have a big deficit in the
balance of payments-meanine
that we are continuing to spend
much more money abroad than
we are earning. AS a result
foreign creditors are building
up huge dollar balances in New
York which they can withdraw
in gold or turn into other cur
rencies. The drain on our gold
reserve by foreign creditors al
ready has reduced our gold re-
serve to under SIT billion, low
est in decades. Unless the gap
between what we spend and
earn abroad can be narrowed,
speculative attacks on the dol
lar are a constant threat.
Background Outlined
This summary suggests the
background against which the
Government is acting. For in
stance 80.
The United States has
reached agreement with Bonn
under which West Germany will
increase her purchases of mill
tary goods in this country next
year to around $700 million
West Germany's spending here
will offset our spending for
maintenance of troops there
Our foreign aid is being in
creasingly tied" to the Buy
American" policy. An over
whelming percentage of the
goods and services to be fl
nanced by our loans and grants
now must be bought in the
United States.
The reduction from $500 to
500 in the total of duty-free
goods individual tourists may
bring home from abroad is ex-
pected to reduce spending in
other countries in 1862 by
about 5000 million.
On several fronts. steps are
being taken to spur United
States exports. A new pro-
gram of export credit insur-
ance has been developed. the
Export-Import loan guarantee
system has been liberalized
moves are being made to stim-
ulate modernization of United
States plants so that our goods
can be exported at more COM
petitive prices.
I The central banks of the
leading Western nations are CO.
operating to an unprecedented
degree to protect each others
currencies from spectators
and for the first time in ovel
a quarter-century, the Treas.
ury is operating in the worlo
currency markets to cope with
Evening star., 1961-12-19

sudden speculative movements
that endanger the dollars
value.
Rates Pushed Up
The Treasury and the Fed
eral Reserve System are act
ing to push up interest rates
on Short-term Government Sc
curities to levels competitive
with interest rates paid in
other countries. The objective
is to prevent our foreign cred
itors from sending their de-
positS elsewhere in search OF
higher incomes. Also to hold
funds here, authorities have
raised the maximum rate COM
mercial banks may pay.
Our prosperous allies are be-
ing urged to prepay their post
World War II loans: West
Germany has made prepay
ments this year, France, Italy
and the Netherlands are in po-
sition to do so next year.
Mr.. Kennedy is pledging a
balanced domestic government
budget in the next fiscal year
so that foreigners will recog-
nize, as he puts it, that we
are in control and that the
United States is a good bet"
Not in a generation has the
United States had to consider
domestic economic financial
policies in terms of how they
affect the attitude of foreign
creditors toward our dollar.
We have gone on the often
sive-and the skill with which
we carry through will be de-
ciSiVe in the future value of
the dollar.
Distributed 1851, by the Hall syndi-
cate, Inc All Rights Reserved
Evening star., 1961-12-19
Split Proposed
nen

CINCINNATI, Dec. 10 (AP)
"A two-for-one stock split was
proposed yesterday by United
States Shoe Corp. Directors in
view of record 1861 sales ano
profits and an excellent out.
look for the coming year.
Evening star., 1961-12-19

have declared an extra dividend
of Is cents a share in addition
| to the regular semi-annual
dividend of so cents a share,
President Joseph N. Shumate
announced.
Representing the 289th dis
tribution by the bank, the divi-
dends will be paid January 10
to holders of record Decem-
ber 20.
Evening star., 1961-12-19
AS&T Presenting
Christmas Music

A program of Christmas
music is being presented in
the main office lobby of Ameri-
can Security & Trust Co.. start
ing today and lasting through
Friday.
Marvin Fewell, organist, will
play daily from noon to 2 pm
each day.
Evening star., 1961-12-19
Allegheny Pepsi
Increases Dividend

Allegheny Pepsi-Cola Bot
tling Co. has voted to increase
the current quarterly dividend
from 4 to 5 cents per share.
A 3 per cent stock dividend
also was declared.
Evening star., 1961-12-19

Charles r. McNeill has
been appointed director of
the Washington office of
the American Bankers As
sOciatiOn, and Jerome w.
Shay is its new Federal
legislative counsel.
Evening star., 1961-12-19
New 7 Corners Center
Will Be Limited to
Discount Operations
BY DONALD b. HADLEY
Star Financial Editor

new shopping center in nearby Virginia will be limited
TO retailers in the discount field reported today
Plans for the Towers Plaza Center and
Wilson boulevard in the Seven Corners section Falls Church.
Va outlined after the signing by Corp of
Evening star., 1961-12-19
OVER COUNTER

Following prices furnished by the Ma.
@ t,onal Association of Securities Dealers in
washington represent the range within
which locally active securities could have
neen bought or sold at ! pm. Tuesday
Evening star., 1961-12-19
TREASURY BONDS

NEW YORK (AP) Noon over the coun.
ter u. S. Government Treasury bonds,
bid, asked, net change and yield for Tues.
Evening star., 1961-12-19
Annapolis Bank
Will Pay Extra

Directors of the Farmers
Bank & Trust Co. of Annapolis
Evening star., 1961-12-19
BUSINESS
BRIEFS

Housing Starts in November
totaled l02,500, down SO
from October after seasonal ad-
justment. The annual rate was
l,350.000 compared with 1872
900 in October. Commerce De-
partment.
Paper Mills operated at 93.5%
OF capacity in the week ended
December 9 mpare with
94.99o in the previous week and
$3.50 in the like week a year
ago.-Amer. Pulp & Paper Assn
Jos. Schlitz Brewing Co. will
offer nearly 100000 shares
valued at approximately $2l 5
million for public subscription
next year, according to a re-
port in the Milwaukee Sentinel.
Goodyear Intl. Corp. an
nounced plans to construct a
Sc million plant in France, its
first synthetic rubber facility
outside the United States.
RaytheOn Co. has borrowed
$40 million from six insurance
companies at a rate Of 5l2% to
retire long-term notes and pro-
vide additional working capital.
Chesapeake e. Ohio Rwy. an
nounced its Raceland, KY, car
shop will build 1000 new 85-
ton hopper cars starting March
20, 1862.
Va.-CarOlina Chemical Corp.
elected Charles T. Harding. 60,
as its new president. Mr.. Hard
ing. who started with the
company as a laborer A years
ago. succeeds the late Justin
Potter.
Earnings
FireStOne Tire e. r. Co. in
year ended October 81 earned
S63, ,629, ,583 or $2.35 a share VS..
$65.029,463 or $2.40 in 1860.
American Electric Pwr. in IL
months ended November 80
earned $54,442,00O or $2.49 a
share VS.. s54,O00,0OO or $2.46
in 1860.
Caterpillar Tractor Co. in II
months ended November 80
earned $52.3lO,023 or $1.90 a
share VS.. $39,570,023 or SLAB
in 1860 period.
Chi. e. n. Western Rwy. in II
mnoths ended November 80
earned $3,379,3O6 VS.. a loss of
$4, ,638,638 in 1860 period.
tick Corp. in year ended Sep
tember 80 had loss of ST, ,036.-
900 VS.. earnings of $866, ,337 OF
81 cents a share in 1860.
/ Vance, Sanders e. Co. in year
ended October 81 earned ST.
024,508 or $1.21 a share VS..
$69l,02l or 81 cents in 1860.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-09-15
Peace Comes
Not Force

that despite the increased
tension in the world. he is
confident that war is not i'm
minent:
"BY THE MERCY OF GOD,
we are persuaded that up IN.
til the present time there is
no serious threat of either
immediate or remote war"
He went on to explain that
"We mean nothing more than
to take still another opportu-
nifty of appealing with conf
dence to the serene and sure
wisdom of all men who guide
the nations of the world"
What the world has been
witnessing recently, he said,
is merely the appearance -
but 1.-THE too irresponsible
and tragically deplorable ap-
pearance'-of the threat of
war.
But he said since the threat
does appear. he felt impelled
to address his peace appeal
to all the peoples Of the
Continued from page u
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-09-15

THIS GIFT Is to be known
as the Gustav HirSch Memoir
ial Scholarship, in memory of
MIR. Gustav Hirsch, founder of
the present electrical con-
tracing company, which
bears his name. The scholar
ship is an annual grant by
the company, to assist a boy
and a girl through Ready
High School by providing
their tuition.
THE BOY AND girl who
receive these tuition scholar.
ships are to be determined
every year by the principal
and faculty of Ready High
School. The award may be
made to a different student
every year, or to the same
student for more than one
year.
Ready High which opened
its doors to a 2%55member
freshman class this past
week, will be dedicated
September "a. An Open
House will follow the cere-
monies.
A special supplement in
connection with the dedica-
ton will be published with
next weeks issue of The
Catholic Times at no extra
charge to Times subscribers.
THE NEW WEST SIDE
high school, located between
Mound Street and Eakin
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-09-15

Ninety percent of the
parish eighth grade grad
yates in Franklin County
will be enrolled in a Cath
Ole high school, Monsig-
nor Bennett Apologize said
this week. Outside of Frank
lin County nearly 80 percent
of the eighth grade graduates
will attend Catholic secon-
Diary schools,
THIS HIGH PERCENT.
AGE is due to the new facili-
ties available and would be
higher in some areas if trans
portation we're provided" he
said.
Due to arrangements made
by parishes Tor transportation,
many students are able to at
tend Catholic high schools"
he said.
Total enrolment is 32.305
students with 25,518 elemen-
tary students for an increase
of 373. High school enroll
ment is 6,867 this year.
Overall high school enroll
ment increased by 500 stu
dents this year with a record
freshman class of 2,379 stu
dents, 379 more than last
year.
LARGEST FRESHMAN
CLASS is at Hartley High
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-09-15

Sister M. Dolora of the
Sisters of St. Francis of
Penance and Christian
Charity has been appoint
ed to the office of prin-
cipal of st. Francis lnterna-
tional School in Rome, Italy,
according to recent announce
ment from Stella Niagara,
NY.
SISTER DoLoRA is THE
daughter of Mrs. Frederick
Igel of st. Christopher par
ish, Columbus. She attended
St. Aloysius Academy in New
Lexington b before entering
the congregation of the Sis
tiers of st. Francis.
She has taught at Buffalo
schools and for ten years
served at Stella Niagara. For
the past five years she has
been mistress of the junior
division there.
She received the degree OF
bachelor of arts from Rosary
Hill College, Buffalo, and has
done graduate work at Notre
Dame University.
WHILE ABROAD SHE will
continue her studies dur
ing summer sessions at Ok
ford University in England.
She has already arrived in
Rome to take up her new du'
ties.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-09-15

in Toledo. His family now re-
sides in Rockford, Illinois.
HE ENTERED THE Society
of Jesus in 1886. at Milford,
Ohio, and received his ALB.
degree from Xavier Univer-
sity, Cincinnati, in 1899. His
philosophical studies were
taken at West Baden, Indiana,
from 1910 to 1913 after which
he taught at st. Ignatius High
School, Chicago, as a scholas-
tic.
His theology was also taken
at West Baden, with ordina-
ton to the priesthood in 1949.
He had received his MA. de-
gree in education from Loyola
University in Chicago in 1947.
AFTER ORDINATION he
spent his Tertianship at st.
Stanislaus Novitiate in Cleve-
land. In 1851 he was appointed
assistant principal at Loyola
Academy, Chicago, and in 1854
was named principal of the
Academy.
IN THE SUMMER of 1857,
Father McWilliam was assign
ed to the Provincial Office of
the Chicago Province to act
as superintendent of construc-
ton. From 1855 to 1861 the
construction he supervised in
Guided Loyola Academy in
Wilmette, Illinois, the new
Xavier High School, Cincin-
natl, and the Archbishop AL
ter Building at Xavier Uni
versity.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-09-15
90 Percent
In Catholic
HighSchools

School which has 325 first
year students, Watterson leads
the total enrolment for
schools with 913.
Hartley High School open
ed part of its new 12-class.
room wing this week. Five
of the rooms to be used for
science classes were opened
this week.
The new wing joins the
present building on the west
and runs north parallel to
the main wing, creating a
court effect. 1t will increase
the schools capacity to 1,400
students.
Ready High School which
will be dedicated September
"a, will have more than $50
students in its freshman class.
Glasses will be added a year
at a time so that when the
present freshman class grad
yates in 1866 there will be
all four high school classes.
DeSales High School IN its
second year. has 156 in this
years freshman class with
267 in the freshman and
sophomore classes, is conduct
ing classes at Bishop Ready
until the school located on
Karl Road near Ferris Road
can be completed.
Here are the complete
statistics:
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-09-15

Road, is also host to two
other schools this year. Holy
Family's, last three classes
and De Sales first two class
eS are sharing the Ready IA
cilities. The schools are being
operated as three separate
schools, but under one roof.
In addition to FIR. Endres,
three priests, Sisters of st.
Francis of Joliet, nlionis, and
five lay teachers are staff
ing the Ready High. Sister
Elaine, O.S.F. is vice-princi-
pal.
Holy Family is stated by
Sisters of Mercy, with Sister
Rosario SIN. as principal.
De Sales, which is headed
by Father James Berendt
and Sister Mary Leah, O.P.,
vice-principal, is stated by
the Sisters of St. Dominic of
the Springs and lay teach
ers. De Sales is expected to
be completed next year.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1961-09-15

luOIll6S dCCOIuAHS W dtllCl
James Berendt, principal.
Monsignor Bennett Apple
gate, superint e n d t Of
schools will give the opening
remarks and Bishop Hetting-
er will give the main adj
dress, Father Berendt said.
DeSALES STUDENTS are
presently attending classes
in Bishop Ready High school
on the westside. The north
east school is to be complet-
ed next year.
Cost of the new schools,
which amounts to one and
one half million dollars, is
being financed by Diocesan
Development fund drives
held each Spring.
Sisters of st. Dominic,
with Sister Mary Leah as
vice-principal, and lay teach
ers staff De Sales.
THE NEW SCHOOL held
freshman classes at st. Au-
gustine and st. James the
Less elementary schools last