davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
ON WINGS
How Many Retirements Per Man.?
By CHARLES YARBRoUeH

That sunny morning in May
of 1914 when he rode his shat
tered Psi Mustang into the
German soil north of Berlin,
Eugene L. Clark had time to
feel it was an enemy-induced
and temperament retirement.
Last Monday, survivor of a
fractured skull and a walking
tour" of Germany as a prisoner
Of war, Col. Eugene L. Clark,
618 Cornell road, Fairfax, re-
tired from his Air Force job
after % years.
Col. Clark has been deputy
commander of the 2493d Air
Force Reserve Sector and SEN
Tor adviser to the newly acti-
waited 1878 Air Force Reserve
Recovery Group at National
Airport.
AS leader of the 352d Fighter
Group during World War II,
he survived "a combat mis-
sions, saw to it that at least
four enemy pilots didn't.
Once a pre-medical student,
he is now taking off-campus
courses in political science at
the University of Maryland;
unperturbed by the prospects of
home study with six children
(aged II to six monthS) in the
house.
** y
The busy Washington Air
Derby Association is having
such success with the advance
on its fly-in scheduled for the
Patuxent River Naval Air Test
Center September 10, that it
has grown to a general FLYNN
event.
Vic Kayne at Aircraft Own
erS and Pilots Association head
quarters in Bethesda, has the
information.
Other Air Derby events: Au-
gust SIS, a weekend trip to
Burlington, VT, Call Flight
Chairman John Schmitt, RE.
6-4840. August 20, Rehoboth
Beach and rendezvous at Sub
urban airport by 1890 am,
with picnic lunch. Paul Slack
is chairman.
\ \
Getting from here to there
by air is getting easier almost
by the moment, it seems.
American Airlines increases
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Loans, Deposits Lag
In Week, Top 1860

Gross loans and deposits of
Washington's three largest
banks declined in the week
ended July Is, but remained
we'll ahead of year ago, data
from the Federal Reserve Bank
of Richmond indicated today.
Loans Of Riggs National,
American Security & Trust and
National Bank of Washington
amounted to $587, $4,000 on
July rs compared with $613,-
$4,000 a week earlier and
around $3.50, 1S1 900 on the like
1860 date.
Deposits aggregated $1,159,-
$4,000 on July 26, compared
with $1,167, 100000 a week
earlier and around $1,071, 615,-
900 a year ago. Demand de-
posits totaled $685., 585, 900 VS..
1878, $4,000 a week earlier and
around 1885 900 a year ear
lier. Time deposits amounted
to $293, 896, 900, compared with
1894, $4,000 a week earlier and
around $251, 265 900 a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Abe Profits
SET Record

NEW YORK, Aug. 2 (AP).-
First half net operating profit
of America n Broadcasting-
Paramount Theatres, Inc, was
slightly ahead of a year ago
and at a record high, President
Leonard H. Goldenson told
shareholders today.
The quarterly report of the
radio TV = movie com any
showed that special capital
gains amounting to more than
$6 million this year pushed
total net income more than go
per cent ahead of the first half
of 1860.
Net operating profit rose to
$5,694,OOO, equal to $1.34 a
share. compared with $685.
900, or $1.33 a share. Net cap
ital gains this year totaled So
10000, or $1.45 a share, COM
pared with $1,328.000, or 81
cents a share a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Brituin's Gold
DropsShorpIy

LONDON, Aug. 2 tAP).-The
Treasury today announced Brit
aims gold and hard currency
reserves declined ia million
pounds $319.2 million-a one
month record-during July.
The drop brought the reserve
to a precarious 876 million
pounds ($2.45 billion.
The reserve is the sterling
areas backing for trade with
nations which require converti-
BILE currency or gold in pay
ment for goods sold to Britain
or its sterling area partners.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Servonics Delivers
Aviation Trainers

The first five Air Traffic
Controller Trainers developed
and manufactured by Servonics,
Inc, of Alexandria, Va, have
been shipped to various Federal
Aviation Agency installations.
The five units are part of a
total of "a ordered by the FAA
for on-site training of air traf-
fic controllers without involving
actual passenger-carrying air.
craft.
The first unit shipped by
Servonics went to the FAA
Training Center in Oklahoma
City where it will be used to
train facilities personnel who
are charged with maintaining
equipment vital to air safety on
the Nations anyways. The re-
naming units will be installed
in FAA Air Route Traffic Con-
troll Centers around the country
where they will enable control
lers to maintain peak efficiency.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Sinclair Oil
NetGuin 10

NEW YORK, Aug. 2 (AP).-
Sinclair Oil Corp. increased
its earnings for the first six
months of this year 7 per cent
above the 1860 first half, Pres
ident E. L. Steiniger reported.
Profits totaled $23,161 $50, or
$152 a share. compared with
$21 ,661 ,951, or $1.40 a share,
for the 1860 period.
Sales dipped to $610,113,544
from $614,983, $50.
Mr.. Steiniger said second
quarter earnings of IS cents a
share, compared with SO cents
in the 1860 second quarter,
were below expectations.
He cited higher costs, in
Guiding those imposed by the
maritime and refinery strikes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02

America, Inc, they appointed
John K. Evans of Washington
executive director of the asso-
citation. Edward Carey of New
York is president.
In a memorandum to the
press, the association said it
felt the time had come to
speak out against onerous gov
eminent regulations which dis
criminate particularly against
small business concerns. This
segment of the oil industry
must speak out before it is
legislated out of existence by
unjustifiable regulations, it
said.
The Interior Departments
method of allocating residual
fuel Oil import quotas discrimi-
mates against independent
marketers by making them
captiveS of one or two giant
'suppliers, it charged. Members
of the group supply more than
40 per cent of all residual fuel
oil sold on the East Coast, it
declared.
Mr.. Evans said he had re-
tired as Washington resident
manager for Asiatic Petroleum
Corp, a member of the Royal
Dutch Shell group. Earlier this
year, Mr.. Evans wrote friends
he had been asked by Secre-
tary of the Interior Stewart L.
Udall to solicit them to buy
tickets to a Democratic dinner.
When the letter was published,
Mr.. Udall categorically denied
asking Mr.. Evans to solicit the
gas and oil industry.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Oil Dealers Score
Curb on Residual

A group of independent oil
dealers, who market oil received
at deep-water ports arranged
a press conference here yester-
day to air their complaints
against present restrictions on
imports of residual fuel oil into
the country.
Organized as the Indepen-
dent Fuel Oil Marketers of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02

its nonstop service between
Washington and Chicago Au-
gust Is and also launches the
first nonstop jet service be-
tween Friendship airport and
Dallas.
Three new Electra II round
trip flights will be added be-
tween National and Chicago.
The Dallas jet service will
provide two roundtrips daily.
Northwest AirIines yesterday
started the first jet service be-
tween Friendship and Detroit
and the first jet service, with
out a change of plane, between
this area and Portland, Ore,
Seattle-Tacoma, Wash.
-
Jack M. Slichter, former di-
rector of passenger service with
Western Air Lines, joins the
Air Transport Association here
next week as acting vice preSi-
dent of traffic. He takes the
job pending consideration of
his election as an officer of the
Association.
John A. Landmark, assistant
vice president of traffic, will
continue to serve as executive
secretary of the Air Traffic
Conference of America.
+ =
Progress report: The Federal
Aviation Agency has announced
the year-long, pilot-to-fore-
caster weather service test
started and in Kansas City
July l. is rapidly proving pop
ular."
In one seven-day period,
more than 452 calls from pilots
were handled by Weather
Bureau forecasters. Pilots as
far distant as $50 miles have
radioed on the special, inter-
ference-free frequency of 1926
megacycles for weather assist
ance in plotting their courses
over areas containing bad
weather.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
New Floor Covering
Store Will Open

The Eastbrook Floor Cover
ing and Bedding Co. will open
for business at 1908 Good Hope
road Sc. Saturday morning.
Ralph o. Bowler, who has
had "a years of experience with
P. j. Nee Co., the Hecht Co.
and William E. Miller Co., is
president of the new firm.
The Eastprook store covers
more than 5000 square feet
and is divided into two sec
lions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
George H. Kimber
RetireS at Institute

George Harold Kimber re-
tired from the Calcium Chloride
Institute yesterday. following IA
years as its president, and the
past year as board chairman
He will continue to serve in an
advisory capacity on special
projects when necessary.
AS former head of the execu-
tive committee for the Calcium
Chloride Association, Mr..
Kimber became managing di-
rector of the GOA in 1916, end
served in that capacity until
1851 when, following his direc-
ton, the Goa was reorganized
and incorporated as the Cal
cium Chloride Institute. From
1851 to 1860 he served as first
president of GOA.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Peoples Drug Opens
Store at Roanoke

Peoples Drug Stores, Inc,
opened a. large self-service
store in the Crossroads Shop
ping Mall in Roanoke, Va,
this week and will open five
other stores during August,
President George B. Burrus
reported.
Locations of the other stores
are: Riverdale Shopping Gen.
ter in Hampton, Va; the La
Vale Plaza Shopping Center in
Cumberland, Md, the Towers
Shopping Center in Roanoke,
the Nor-Dan Shopping Center
in Danville, Va, and the
Struthers Shopping Center near
Youngstown, Ohio.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Rixon EIectronics
Gets Army Contract

Rixon Electronics, Inc, of
Silver Spring, Md, has been
awarded a Signal Corps con-
tract for development of an
audio spectrum analyzer Sys-
tenn.
Amounting to around $751;
900, the project stems from
Rixon's extensive experience in
spectrum analysis and related
communications developments.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02

in the stock have been reported
at $3.50 a share.
Subscription rights will be
issued and will expire on Al
gust 81. No fractional shares
will be offered. Fractional
rights will be bought and sold
through the bank.
The offering will increase
the number of outstanding cap
ital shares from 10000 to U.s.
900, the full amount author
lied when the institution
opened in April, 1857.
OF the total proceeds, $50, 900
will go to capital stock and in
crease this to $250,000, while
$4,000 will go to surplus, in
creasing this to SITS, 900. In
GLIDING around 100000 of I'M
divided profits, total capital
funds will approximate $525, 900
on completion of the offering.
The banks lending power will
be- augmented substantially.
Mr.. Carr, prominent Wash
ington civic leader and devel-
oper of the Springfield COM
munity, said the capital in
crease was considered advisable
because of the planned opening
of a new Annandale Branch
early in October and conStruc-
ton of a new main office on
Back Lick Road near the center
of the Springfield commercial
area. Construction of the main
office is expected to start by
mid-September with compile
ton scheduled in nine months.
The bank hopes to change
over to its new name, the
Northern Virginia Bank, by
September l if the Virginia
State Corporation Commission
gives final approval. Stock
holders approved the new name
recently.
At mid-year, the institution
had deposits of $5,487, 422, up
nearly IA per cent from $4,828.-
272 a year earlier. Four years
ago and only about two months
after its opening, deposits
totaled $768,869 on June 6,
1857.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Aero Geo Astro Corp.
Operates New Branch

Aero Geo Astro Corp. of
Alexandria has started opera
tons in a new branch plant in
College Park, Md, with Othel
Williams as manager.
The branch is in the new
Goddard Space Flight Center
of the National Aeronautics
and Space Administration and
occupies $4,000 square feet of
space. AGA will engineer and
make Instrumentation for
NASA satellites in the new
n1ant
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Dover Corp. Elects
Schwenk President

Otto G. Schwenk has been
elected president of Dover
Corp, industrial firm, with
headquarters in Washington.
He succeeds Fred D. Durham,
who has been named board
chairman and will continue as
chief executive officer.
A native of New York City,
Mr.. Schwenk formerly was
president and a director of
American-Saipt Gobain Corp
and its predecessor. American
Window Glass Co, Of Pitts
burgh. Previously he was a
group vice president of Blaw-
Knox Co.
Dover Corp. manufactures a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
SteeIOutput
Rise Seen for
Luterin Year

NEW YORK, Aug. 2 (AP).-
Steel production is headed for
a higher-than-expected peak
late this year, Iron Age said
today.
The Woodworking trade pub
LEGATION said predictions of
close to 100 million tons of steel
produced this year seem rea-
Sonable.
Output now is at about so
per cent of capacity and prob
ably won't average more than
IS per cent in the third quar-
ter but IS to 80 per cent for the
fourth quarter is likely, Iron
Age said.
Greater availability Of steel
for fast delivery, plus some new
SoftneSs in prices, contributes
to lethargy among steel buyers,
it added.
"At the same time" Iron
Age said, "some factors that
could be expected to bring about
a quick strengthening of de-
mand are largely being ignored
for the moment. These include
the Berlin crisis and a poten-
tial arms buildup, possibility of
price increases after October l
and the better state of general
business.
Although these factors are
not getting immediate atten-
ton, they will contribute to a
much stronger buildup later
this year. And just when this
buildup gets under way. strike
hedging against the 1862 steel
labor negotiations will enter the
picture to strengthen demand"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Passenger Cor Output
Declines During July

DETROIT, Aug, 2 (AP).-
Passenger car production in
July fell to its lowest point
since February, the companies
reported.
The total of 399,O3 cars was
off 10000 from June, high
point for the year, but was only
$4,000 below last years July
figure of 434,377.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Giant Food Votes
Quarterly Dividend

Directors of Giant Food, Inc,
have declared the usual quar-
terly dividend of 10 cents a
share on Common Stock A,
President N. M. Cohen an
nounced today.
The dividend will be paid
August 90 to stockholders of
record August Is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Martin Gets Contract

NEW YORK. Aug. 2 (AP).-
The Martin Co. said today its
Orlando (Fla.) division re-
.ceived two Army contracts
worth s70,6S5.2S7 for contin-
ued work on the Pershing mis-
sile weapon system.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
Earnings

Western Union Telegrap h
stockholders voted by more
than a hundred to one for a
management plan to offer l.
070,000 shares of common stock
to present owners.
Ford Motor Co. in 6 months
ended June 80 earned 5000, AGO.
600 or 1881 a share VS.. 1884,
100000 or $4.83 in 1860 period.
TexacO, Inc, in 6 months
ended June 80 earned $198, 1885,
264 or 1922 a share VS.. $177,-
342, 1859 or $2.93 in 1860 period.
Chesapeake G. Ohio Rwy. in
7 months ended July 81 earned
$11, 1922 900 or $1.37 a share VS..
$23, 100000 or $2.82 in 1860
period.
LOckheed Aircraft Corp. in 6
months ended June 80 earned
$9.223,000 or 1924 a share VS..
a loss OF SOS, 4OS, 900 in 1860 Pc
Rod.
Minnesota g. Ontario Paper
in IL months ended June 80
earned $4,374,879 or $1.70 a
share.
American Bakeries in "a
weeks ended July IS earned
$2,459,918 or $1.40 a share VS..
So, 525, 239 or $1.44 in 1860 pc
riod.
Western Air Lines in 6
months ended June 80 had a
loss of $549,000 VS.. earnings of
81, 348,000 or "a cents in 1860
period.
Other earnings included:
For Months Ended June 30
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
THE EVENING STAR
Springfield Bank Plans
$125, 900 Stock Issue
To Meet Growth Needs
By DONALD b. HADLEY
Star Financial Editor

The rapidly growing Bank of Springfield in Springfield
Va, will raise $25000 of capital by offering add-
tional shares to stockholders at price of
President Edward Carr today announced directors had
authorized the offering to stockholders of one
share for each four held of July Recent trades
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02

wide variety of industrial prod
uctS in IL plants scattered
across the country.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
OVER COUNTER

Following prices furnished by the
National Association of Securities Deal
ers in washington represent the range
within which locally active securities
could have been bought or sold at 1
pm. Wednesday, August 2:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
BUSINESS
BRIEFS

Wholesale Food Index, based
on the cost of a pound each
of 81 foods in general use, this
week declined to $3.50 from last
weeks $685. and was 1.3 per-
cent below the like week a year
ago.-Dun & Bradstreet.
Electric Power Production in
the week ended July 20 totaled
Is. 107, 100000 kilowatt hours
compared with 1929, 900, 900 in
the previous week and was $50
above the like week a year ago.
Edison Electric Institute.
Consumer InStaIlment credit
outstanding gained 500 mil
lion in June to $40, AL ,000, 900,
highest since November. Total
consumer credit aggregated
$54, 1856, 100000 - Federal Re-
serve Board.
wholesalers Sales in June to-
tailed $12.1 billion, up 10 from
May and up go from June
a year ago.-Commerce De-
partment.
Crane Co. announced pur-
chase of substantially all the
assets of the Deming Co., pump
manufacturers of Salem, Ohio.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
FOREIGN
EXCHANGE

NEW YORK. Aug. . (AP). FOREIGN
exchange rates CGrest Britain and
Australia IN dollars, others in cents
and decimals Of a cent?:
To-Day Pray nau
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
TREASURY BONDS

NEW YORK (AP) Noon over the
counter us. Government Treasury bonds
bid, asked, net change and yield fol
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-02
UNITED STATES TREASURY POSITION

By the Associated Press
u the Treasury compared
Evening star., 1961-06-20
TODAYS WEATHER REPORT

District and vicinity - In
creasing cloudiness, low around
"a tonight. Rainy and cooler
tomorrow.
Notwithstanding cloud
iness tonight, low in upper sos
in west and lower COS in east.
Cloudy tomorrow, cooler with
rain probably heavy in south
east.
Virginia - Cloudy tonight,
rain in southwest spreading
over east and north, low, so to
65 except upper sos in noun
tains. Rain and cool tomor-
row, scattered thunderstorms,
heavy rain in southeast.
Lower Potomac and Chesa-
peake Bay-South to south
west Is knot winds backing
south to southeast tonight and
becoming more easterly and in
creasing to Is to Is knots to-
morrow. Increasing cloudiness
tonight followed by rain be-
ginning late tonight or tomor-
row. High tomorrow, IA. Wis
ibility 10 miles lowering to /
to 4 miles in rain tomorrow.
Evening star., 1961-06-20

handling, Chief Murray said in
a letter to Commissioner To-
briner:
This assignment is of para
Importance to the Metro
politan Police Department and
since being assigned to that
position, there has been an in
crease in the number of inveS-
legations conducted by Inspec-
tor Layton.
THE investigations are of
such Importance and have been
conducted in such a manner as
to lend credit and prestige to
the official assigned"
Chief Murray said that for
this reason he wanted to create
a new deputy chiefs post for
Inspector Layton and a new in
Spector's position for Capt. Sui
livan, who has been assisting
Evening star., 1961-06-20

Layton in the special investi-
cations.
Chief Murray said that in
addition to the confidential in
vestigations work, Deputy Chief
Layton will continue to serve
as second in command Of the
morals division and Inspector
Sullivan will continue as COM
manding officer of the special
investigations squad.
He added that Congress will
be asked to provide funds to
make permanent the two posts
to which Layton and Sullivan
were promoted yesterday.
Deputy Chief Bryant, who
has served with the Metropoli-
tan Police Department for 81
years, will retire July 81. The
59-year-old officer has been
on sick leave for several
months.
Evening star., 1961-06-20
AII-Around Tax Rise
Seen ninAnnexotion

(. Taxes will go up in Fairfax
County as well as in the area
Falls Church is trying to annex
Il the city's annexation suit is
successful, Mrs. Anne wilkins,
chairman Of the Board of
County Supervisors, testified
yesterday.
Mrs. Wilkins told a three
judge annexation court that the
county would lose SAG million
in tax assessments if the city
gets a 4.5-Square- mile area
which includes the Seven Cor
ners shopping center.
To make up for the loss of
about Sis million in tax rev.
enue. taxes would have to be
raised ir the rest Of the county,
she said.
In addition, she said, residents
in the area sought by Falls
Church would have taxes raised
because the city's tax rate is
higher.
Loss Of the area would also
make it more difficult to pro-
Evening star., 1961-06-20

vide police, planning and other
services in the county, she said
Mrs. wilkins admitted she
had favored the unsuccessful
1850 Falls Church annexation
suit because, she said, her chill
dren were going to school in a
basement and it did not ap-
pear that the county could soon
solve its school problems.
At that time, she said, she
lived in the area sought by the
city. She emphasized that the
county is now in a position to
solve school overcrowding prob
lens.
Another supervisor, James
Keith. told the court it would
be, adverse to the interests of
the county" if the suit were
successful.
Evening star., 1961-06-20
NEW DEPUTY CHIEFS
Layton, Embrey Promoted

Inspector John B. Layton,
top investigator for the presi-
dent of the Board of Commits
sioners, and Police Chief
Murray, yesterday was pro-
NOTED to a new deputy chiefs
post.
In another promotion, In
spector Albert L. Embrey was
named acting deputy chief un-
til August /, when he will sue
ceed retiring Deputy Chief
Robert S. Bryant.
Also promoted were two cap
tains. Capt. John L. Sullivan
was named an inspector and
Capt. Charles Wright was ap-
pointed acting inspector until
August /, when he will sue
ceed Embrey as an inspector.
: The promotions were recon-
mended by Police Chief Ro-
bert v. Murray and approved
by Commissioner Walter N. To-
briner.
e Succeeding Acting Inspector
Wright as commanding officer
of the third police precinct will
be Capt. Raymond S. Pyles.
Capt. Pyles for several months
has served as assistant night
supervisor at police headquar-
terS.
: In his new post, Acting In
spector Wright will be in
charge of the 4th inspection
district, consisting of the 9Th,
10th and 18th precincts.
Acting Deputy Chief En-
breyS post as I'd district in
Spector will be taken over by |
Inspector Otto P. Fuss.
Discussing the confidential
investigations of police matters
that Inspector Layton has been
Evening star., 1961-06-20
Virginia Revenue
Rises $23 Million

RICHMOND. Va, June 20
(AP).-Thanks chiefly to new
taxes levied by the 1860 Legis-
lature, Virginia's general fund
for the first II months
of this fiscal year were $23
higher than revenues
for the same period last year.
State Controller Sidney C.
Day revealed last night that
the general fund, through the
month Of May, had taken in
$165 million from all sources.
At the corresponding time last
year the total was $142 million.
OF the $23 million increase,
new taxes on cigarettes and
cigars accounted for more than
$12.7 million and the new tax
on liquor for more than $8.2
million.