davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
Sofewoy Sales Gain
5.29o Over 80 Period

Safeway Stores, Inc, with
1879 retail outlets served from
the Washington Division, posted
gains nationally for both the
four weeks ended August IL and
the entire year to that date,
the company reported.
Sales for the four-week
period totalled $2O1 ,485,196 an
increase of So per cent over
the like period a year ago when
sales amounted to $191 ,453 500
The company so far is run
ming more than $50 million
ahead of sales a year ago for
the January through August IL
stretch. It also is opening new
stores at a rapid clip, with
1920 now in operation across
the Nation compared with 2,l89
a year ago.
Total sales were $1,560, 108,-
666 for 1861 as of August II
compared with $1.499,845,870
for the period last year. The
Figures show an increase of 4
per cent in dollar volume.
A major division of Safeway
operates in the Washington
area out of a complex of seven
warehouses in Landover, Md,
serving retail stores in the Dis
trict, Maryland, Virginia,
Pennsylvania and Delaware.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
Heurich Stockholders
Vote Liquidation Plan

Stockholders OF the Chr
Heurich Brewing Co. yesterday
approved a liquidation plan for
real estate in Foggy Bottom
valued at between SIS and Sc
million.
The property occupied by the
old main building of the brew
cry at Twenty-sixth and D
streets NV. and most of three
blocks adjoining it face con-
demnatiorR proceedings as a site
for a new National Cultural
Center and approaches for the
new Potomac River bridge.
A company spokesman said
the liquidation plan, approved
unanimously, was sought under
a tax technicality to avoid dou-
BILE taxation on the property
The stockholders will still have
to pay a tax on their individual
gains, but a capital gains tax
on the corporation was elimi-
mated by the vote.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22

used several changes at the
new site to achieve this effect.
One is the recessed glass
front, eliminating the need for
awnings or marquis, and Great
ing shade. The store also uses
the ''look through" window, in
stead of installing a backdrop
for window displays.
The interior of the store
makes use of mosaic tile light
ing fixtures, reproductions of
Spanish and Florentin e
wrought iron, and cherry wood
Ipaneling. A persimmon, beige
and brown color scheme has
been employed. Architects were
Berla and Abel of Washington,
who also did previous architec-
tural work for Rich's at its
stores at 10Th street, and rs
Wisconsin Circle in Chevy
Chase, Md.
Rich's claims to be the oldest
family shoe store in the United
States. 1t was founded here
90 years ago, by Mr.. Rich's
grandfather. Max, and his
great uncle, Louis Rich, who
subsequently we're joined by the
current presidents great grand
father, Bernard, a native of
Austria. Board chairman to-
day is Herbert J. Rich, father
of the president.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
YOUR
MONEYS WORTH
Is This Recovery Real?
BY SYLVIA PORTER

We are passing through the
dullest trade weeks of summer,
and to many people the lull ap-
pears worse than normal.
In July, after two months of
rise, for instance, retail. sales
faltered, and even after allow
ing for the seasonal doIdrums,
July ended l per cent below
June. AS one Washington au-
thority put it to me, Retail
sales are the weak spot, and
unless retail sales pick up
markedly manufacturers are
not going to move into high
gear"
In July, despite the fact that
total employment reached an
all-time high for the month,
jobs in manufacturing were
down 100000 from the level of
early 1860. The jobs which
have opened up have been pri-
marily in state and local gov
eminent, in finance and Serv-
ices. The Labor Departments
manpower chief, Seymour
Wolfbein, says The recovery in
employment has not been suf-
ficient to provide the jobs for
our expanding work force. 1t
is most serious that we still
have l million workers who
have been out of work six
months or more"
Uptrend Questioned
For months now, I've been
emphasizing that the economy
is back on the uptrend. But
I'm getting plenty of letters
asking me, Just where is this
recovery you're telling us
about?"
There is understandable
doubt on whether this is the
real thing" whether it has
staying power. There is wide
uncertainty about the vitality
of the advance.
Let's, therefore, put it on the
line.
BY all the trustworthy econ
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
Grown Acquires
Firm Specializing
I In Aerial Photos

Crown Photo, Inc, Wash
ington- based photo professor
announced today it is acquiring
General Research and Develop
ment, Inc, a small company
specializing in aerial work.
George S. Cullen, president
and board chairman of Crown
said the new addition would
help his firm launch a full
scale research program in the
Photographic field"
The merger must be ratified
by stockholders next month.
General Research, located at
ISL K street NV, was found
ed two years ago and employs
eight full time and four part
time. It's technical staff has
worked on SAMOS reconnais-
sance and TIROS weather
satellite systems, as well as 9th
er classified intelligence work
involving aerial photography.
James F. Mcdaniel will re-
main president of GRAD when
it becomes a new division OF
Crown. The division plans to
study photo developing proc
esses and equipment in order
to improve Crowns operation
as well as carry on its present
defense work.
"A rapidly expanding firm
Gown last month announced
plans to merge with Cher-O-
Kee Photofinishers, Inc. Of
Athens, Tenn, giving it a coast
to coast system of photo proc
essing plants.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
By BEN PHLEGAR

Associated Press AutomottVe Writer
SOUTH BEND, Ind.-Sher-
wood Egbert is an ex-marine
from Washington State with
the build Of a college basketball
player. which he once was, ap-
parently limitleSs energy, and a
.p persuasive manner which
charms both Wall street bank
ers and back shop foremen.
For six months he has been
president and chief executive
officer of Studebaker-Packard
Corp. a job in which he needs
every talent he can muster.
He seems perfectly willing to
work days, nights and week
ends at his 100000 a year post
and is convinced Studebaker is
in the auto business to stay.
Studebaker has been building
wheeled vehicles for ITO years,
Starting with wagons. But re-
Gently it has been fighting an
often unsuccessful battle to
make at least one or two of
every 100 automobiles sold in
this country a Studebaker pro-
duct.
I'VE can make money, and
then some, on 2 per cent of
the auto market" Mr.. Egbert
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
). 81. Firm
Named in SEC
Court Charge

The Securities and Exchange
Commission took legal action
yesterday to halt sale of stock
by American international Saw
ing and Loan Association, which
has offices in Bethesda, Ia
koma Park, Bel Air and Balti-
more.
The SEC charged that Amer
lean International was not the
type of savings and loan asSo-
citation whose securities are ex-
empt from the SEC registra-
ton requirement. 1t also named
other firms and individuals as
defendants in the action, term
ing them underwriters" who
took the stock for redistribu-
ton to the public.
The action to block sales of
both common and preferred
stock until it is properly regis
tered was in the form of a COM
plant filed in U. S. District
Court in Baltimore seeking to
enjoin violations of the Securi-
ties Act registration require
ment.
Named with American Inter
national as additional defen-
dants are:
Lloyd, Miller & Co. and N.
Warren & Co., local firms; Mar
shall I. Stewart of Washing
ton, counsel for American In
ternational and agent for I'M
named holders of it's stock;
Hiram Kicker & Sons, a Maine
corporation; Royal Queen
Corp. and World-W Artists
Inc, New York corporations;
Arthur Freedman, Coral Gables
Fla, attorney; and six other
individuals.
According to an affidavit
supporting the SEC complaint
American International is a
multiple stock corporation of
the. State of Maryland whose
savings of record are approx
mately $4,000 and whose as
sets are said to be in excess of
$2,3 million.
The affidavit further states
that most of the assets OF
American International were
obtained in exchange for its
class A common stock and con-
sists of second mortgages on
real estate located in Florida
which were obtained, from
George J. Collier of Fort Laud-
erdale, one of the defendants
and Marshall I. Stewart, rep
reSenting persons unknown
and a mortgage on real estate
in Maine obtained from Hiram
Kicker & Sons.
Chief Judge Roszel C. Thorn.
sen has set a hearing for Sep.
TENDER l on the commissions
motion for a preliminary in
junction,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
CHICAGO
LIVESTOCK

CHICAGO, Aug. 22 (AP) (UsDA).-
H0gs 1000; slow, butchers 20 to so
200 lbs; ,sows fully .25 lower: good
shipping demand at the price decline;
clearance fairly complete; mixed .
around $50 head at 1875; mixed I-3
and 2-3 10000 ID. butchers 1926
scarce; mixed i 3 10000 lbs. 1856
1850; mixed 1-3 100000 Id sows
15.00-17.25; 1-2 2S0-32O lbs 1873
1850; 90 400-550 lbs. 13.75-15.25.
Cattle 1000; calves 100 slaughter
streers and heiferS moderately active,
steady to 25 higher; COWS and bulls
steady to strong; vealers fully steady;
load lots choice and prime COOL $50
Id. steers .240O-25 so: a small lot
prime 1876; good 90O-1,30O lbs.
22.50-23.50; utility and standard
20.50-22 90; choice heifers 90. 80
1925; good 21.00.22.25; utility and
and commercial bulls 1s.OO-21 90; a
few good and choice vea!ers 90 90
% 90: culls down to 1000; several
lots. medium and good 75O-95O ID.
feeding steers 22.5O-23.5O.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22

said in an interview. ST think
our goal of 212 to 3 per cent is
entirely reasonable"
Many convinced
In his short time in South
Bend, Mr.. Egbert has convinced
a lot of other people it can be
done, ranging from sceptical
old-time employees to disen-
chanted dealers.
His next, and much more diff
ficult, target is the public.
Although he claims not to be
a devotee of Madison avenue,
Mr.. Egbert literally sprinkles
his conversation with pet Madi-
son Avenue words and phrases
such as image" esprit de
corps" impression" and com
municating." And he's great
on maxims such as "it takes
a man to build a man but any
Ounce can fire one"
He's working hard on Stude-
bakers image.
1.-THE public gets an impress
sion of a company by what il
sees and hears" He waved his
hand around the old five story
brick building hard by the New
York Central railroad tracks
which houses Studebaker's gen.
eral offices and said, "the i'm
preston this place gave was
that it was a poor house"
Renovation Pushed
Mr.. Egbert says it would cost
SO million to renovatae the an
Gent structure and Studebakel
doesn't have that kind Of
money to toss around. But he
is busy doing what he can.
This includes a completely
new modern lobby, new panelec
offices, yards of bright carpet
ing, typewriters and filing
cabinets in glowing colors anc
lots of paint.
Mr.. Egbert is very high or
paint, especially in bright
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
New SIP Chief Goes All Out to Give
Public New 1moqe' of Studeboker

colors. tits an intangible" he
maintains. ut makes people
feel good, even though they
don't know why they feel good"
AS a result Studebaker has
used $4,000 gallons of paint in
the past three months, more
than in the previous 100 years
combined.
Mr.. Egbert believes the image
of Studebaker automobiles -
even of its compact Lark-has
been one of dependability but
dizziness, lacking in the glamour
with which the auto industry
trys to surround its products.
What we need" said one
long time Studebaker dealer,
lis lots of sex appeal-and Mr..
Egbert wants that. too"
Dale Davis of Rochester,
Mich, one of the II members
of Studebaker's advisory coun-
Gil, says of Mr.. Egbert: He
completely sold himself to us
with his tremendous ability and
know-how. This is a man prip-
ping with ideas. He is the very
thing Studebaker has needed"
Mr.. Egbert, at al the young
est current president of an
auto company, frankly admits
he is fresh and green to the
automobile business" Just prior
to joining Studebaker he was
executive vice president of Nc
Culloch Corp. of Los Angeles,
leading manufacturer of air
craft engines, chain saws and
cupboard motors. Earlier he
spent four years in the marines
and year at Boeing Aircraft.
Mr.. Egbert has made few
personnel changes. But he has
installed management by COM
mittee to the extent all depart
ments participate in decisions.
Everybody has to know that
every decision we make about
car in some way affects their
department. I'm no one man
genius"
Mr.. Egbert emphasizes the
car division will continue to be
the primary part of the COM
pany even though it is the only
one of Studebaker's 10 divisions
which is losing money.
The word from South Bend
to Detroit: Don't call us dead
yet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
Banks to Merqe

CHICAGO, Aug. % (AP).-
The City National Bank &
Trust Co. and the Continen-
tai Illinois Bank & Trust Co
announced plans to merge
The merged bank will be the
ninth largest in the Nation
with total assets of 1929, 733,.
900, the announcement said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
Bank of Occoquon
Will Open Branch

State and Federal banking
authorities have given the
Bank of Occoquan in Wood
bridge, Va. permission to open
a branch in the new Merumsco
Plaza shopping center.
w. F. Fleming, bank presi-
dent, said the new branch will
open in November. 1t brings
to four the number of facili-
ties operated by the bank. The
others are at Occoquan, Wood
bridge shopping center and
IDumfries shopping center.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22

If you'll study this table for
a few minutes, you'll see how
sluggish has been the rise SO
far in employment and retail
sales-which explains, 1 think,
much of the doubt the recovery
But you'll also note the power
of the rise in such vital fields
as new orders for durable goods;
a new order today means an
active factory tomorrow, You'll
note the lengthning of the fac
tory workweek; a longer work
week always precedes a rise in
employment.
The evidence is persuasive.
We are still in the early stages
of a business advance.
Distributed. 1861 by The Hall Syndi-
cate, Inc. All Rights Reserved.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
Interest Rate Steady
On U. S. o2-Duy Bills

There was little change ir
the Governments short-tern
borrowing costs with yester-
days weekly offering of Treas
ury bills.
On 81 billion of 92-day
bills, the average yield was
2.503 per cent. The rate a
week ago was 2.519 per cent
Bids for the $500 million OF
182-day bills gave an aver
age yield of 2.793 per cent
Last weeks rate was 2.765 per
cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
METALS

NEW YORK, Aug. % (AP).-Spot
nonferrouS metal prices today: Copper
81 cents a pound, Connecticut Valley.
Lead IL cents a pound, New York.
Zinc 1IH2 cents pound, East St.
Louis. Tin 1.195s a pound, New York
Foreign silver Ola cents per troy
ounce, New York. Pittsburgh scrap
stell No. / heavy was quoted by Iron
Age at 35.00-36 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
BUSINESS
BRIEFS

Business Failures in the week
ended August II totaled 366
compared with 343 in the pre-
vious week and 279 in the like
week a year ago. Dun &
Bradstreet.
Init. Business Mach. Corp.
announced it has been awarded
two contracts totaling 1924
1873 for rental of electronic
computers to the National
Aeronautics & Space Admin
iStration.
Earnings
Detroit Edison Co. in IL
months ended July 81 earned
$38, 1924 or 1929 a share VS..
$35,875,711 or $2.51 in 1860.
Federated Dept. Stores in So
weeks ended July 20 earned
$4,000 .222 or $1.99 a share VS..
$33,728,071 or $1.98 in 1860.
Caterpillar Tractor in
months ended July 81 earned
$32,051,3O8 or $1.16 a share VS.
$24,847,789 or 80 cents in 1860
period.
Amer G. For. Power and Subs
in IL months ended March 81
earned $12,889,656 or $1.76 a
share VS.. $8,685,149 or $1.19 in
| 1860.
Warner Bros. Pictures in 8
months ended May 81 earned
$4,983,O0 or SAP a share VS.
$4,577,O 900 or $3.05 in 1866
period.
CarnatiOn Co. in 6 months
ended June 80 earned $4,865,-
| SAG or 1920 a share VS.. $4,401,.
219 or $2.02 in 1860 period.
United Carbon in 6 months
ended June 80 earned $685..
176 or $2.51 a share VS.. $3,134,.
042 or $2.46 in 1860 period.
Southland Royalty in
months ended June 80 earned
$2,045,083 or $2.42 a share VS.
$1,939,439 or $3.50 in 1861
period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22

Sons, said the new owner will
occupy the building next
month.
Sale terms were not dis
closed.
In the meantime, Rich's
opened yesterday at a new
leased location at 1922 F
street NV, after extensive
renovationS costing more than
100000. The new site pre-
viously was occupied by the
Young Mems Shop.
Mr.. LaZan said he plans to
make a number of changes to
the first floor of the building
at Tenth and F. Town and
Casual will continue to operate
stores for women's shoes at
two other locations, SIT 18th
street NV, and 8642 Coles
vile road, Silver Spring.
Expansion Planned
However the firm plans to
expand it's line to offer both
mems and women's shoes at it's
new corner site, Mr.. Lazan said,
after adding new shelving.
signs and redecorating win
dowS.
Mr.. Lazan has been in bust
ness here since 1852. Previous
ly he was affiliated with Foot
Saver Shoes, a retail shop in
New York City, with three
brothers, Jay, Carl and Harvey
Lazan, for % years.
Although the Rich building
always has operated next to
the Woodward & Lothrop
store occupying the rest of the
block, the latter firm reported
ay was not interested in buying
it.
Recessed Glass Front
Mr.. Rich said he was inter-
ested in creating an arcade"
effect in harmony with future
downtown Washington, and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22

omic yardsticks, we hit the bot
tom of the 1960-61 recession in
February-March of this year.
By all the acceptable business
indicators, we moved almost
Immediately and into an up
trend.
By comparison with previous
upturns, this recovery is good,
broad, Solid-but it's not yet
spectacular nor certainly yet a
boom.
Now let's back up the line
with the evidence.
List of Indicators
Here it is in the form of a
list of business indicators which
the First National City Bank
Of New York selects as most re-
vealing and which the bank has
just updated for me with the
latest available statistics.
Indicator; Drop from 1860 peak to
low; Low Month; Rise from low to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
B. Rich's Moves Store
To New Site and Sells
Building at 10th and F
BY TRUMAN r. TEMPLE
Star Staff Writer

The B. Richs Sons four-sory building at Tenth and
streets NV landmark for 60 years. sold
and Casual Shoes Stores.
In joint announcement today, Tom Lazan president
of the latter firm Rich president B. Richs
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
OVER COUNTER

Following prices furnished by the
ers in Washington represent the range
within which locally active securities
could have been bought or sold at
! l pm. Tuesday, August %:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
TREASURY BONDS

NEW YORK (AP)-NoOn over the coun-
bid, asked, net change and yield for Tues
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
MUTUAL FUNDS

NEW YORK (AP)
= National Associa-
ton Securities Deal
ere. Inc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-08-22
Recessed Glass Front

Mr.. Rich said he was inter-
ested in creating an arcade"
effect in harmony with future
downtown Washington, and
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-03-07

After leading the Friday
Mix-ups for six weeks, the
Musicians were temporarily
dethroned when Bel Air
Cleaners took all four points
from them-by margins of 3,
5 and / pin.
Francisco's went back into the
lead by one game as they took
three from Paul Bros. Oldsmo.
bile, setting a new high scratch
game of $40. Crivella's Restau.
rant rolled a 914 scratch game
behind Randy Bare's 628 set as
they split with the Untouch.
ables, led by a GOA from Jim
Joyce. Highest individual per-
Torrance of the evening was
the 245-629 of Harry Loveland
as Moon Palace took four from
Henry Corbin Realtors. All in
all, it was high.scoring eve
ming with Is games of 200 or
better.
In the Wheaton Plaza Com.
mercial Monday night before,
Sam lobe of Silver Spring Taxi
locked bumpers with Joe Pat
chek of Town and Country
Cleaners. Tobe's 245-668 led the
Cables for three points, while
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-03-07
Prep VS.. Bulls
In First Round
Of Tournament

Georgetown Prep will try
to use its experience and de-
fensive ability when it meets
Bulls School Friday at $3.50
in the opening round of the
Fourteenth Annual Priory
Tournament.
Bulls, playing only its second
season of high school basket
ball, is rated the darkhorse of
the darkhorse of the tourna-
ment. The Little Admirals won
8 of u games and finished sec
ond in the Central Interscholas-
tic Conference.
The Little AdmiralS' starting
team averages just under 6-foot-
2, led by John MCGUIRE, 6-foot.
5 senior who has scored 209
points in 10 games.
Prep has no height to COM
pare to MCGUIRE, and when
Coach Don Hilliock decides to
start his tall men he means the
6-footers. However, the Little
Hoyas have played 81 games to
II for Bulls, generally against
better competition.
Defensively, the Little Hoyas
are at their best. Ed Barton, the
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-03-07
.enPin Trail
by Paul o. Mohn

Patchek's 237-642 took one point
for the Cleaners.
Thirty-six teams from this
area have confirmed their res
ervations for the Lebanon Tour
nament for the weekend of May
20 and 81. The group expects to
combine fun with some good
bowling.
March IL is the deadline for
your entries to the Mems City
Association tournament to be
held at Silver Spring Bowl in
April. This is our own local ham
dicap tournament, designed for
all the teams in the Washington
Association. Get your entry
blanks at the lanes where you
bowl. Don't miss this tourna-
ment.
Leaders in some of the major
leagues around the area include
Congressional Plaza Bowl in the
BPAA travelling league. Silver
Spring Sports, Inc, teams lead
in the Wheaton Classic, the
Wheaton Plaza Classic and the
Silver Spring Classic. They are
only three games out of first in
the Congressional Classic. Front
runners in Congressional Clas-
sic are Segreti's Stone Masonry,
Top Hats and Plywood Ranch.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-03-07
BY Jim Caw00d
Sports Writer

For Eddie Moffatt, this week
end will be the return to the
scene Of his greatest dissppoint-
ments.
For the third time, the Blair
coach will bring a team into
the Cole Fieldhouse at the Uni
versity of Maryland in the
battle for the State champions
ship against the largest schools
in Maryland. For the first time,
he hopes to return a winner.
In 1857 the Blazers, headed by
All-Met center Mac Beasley,
were undefeated until the
State championship game, when
a fired up Frederick team upset
them. fa
al 10OO, lffS SAINT SltudllOil
occurred, and another unbeaten
Blazer team fell in the finals to
Fort Hill.
What made the losses even
more CALLING was that the teams
who beat Blair had both played
poor ball in the first round,
while the Blazers had romped
to easy victories.
This year is Moffatt's change
for revenge, but Milford Mill
of Gainesville stands in the way
this Friday at 9, and after that
comes the winner of the Glen