davidaulloa/AmericanStories huggingface dataset:
Evening star., 1961-07-30
Stocks Bound Upward
After Kennedy Talk

NEW YORK, July 29.-This
week the stock market made
its biggest weekly advance in
more than a year on the heav-
lest trading in seven weeks.
The Associated Press average
of go stocks advanced $40 to
24S.7O. The Dow Jones indus
trial average advanced 22.32 to
705.13.
The Presidents proposals for
nearly $3.5 billion in additional
military civilian defense spend
ing without an immediate tax
increase was greeted enthusi-
astically by the financial COM
munity.
This, combined with the
Presidents estimate that the
deficit would be increased to
more than IS billion, was re-
garded as inflationary by stock
analysts, ana common SCockS
are the traditional hedge
against initiation.
Steels began to rally even as
the week began and were Joined
by aircraft-misSiles, motors,
electronics, rails, oils and util-
titles, among others.
The public began coming
back to the stock market and
favorable business news helped
stocks.
The five most active issues on
the New York Stock Exchange
this week were: Bethlehem, UP
4 at 441s on 279,100 shares;
Evening star., 1961-07-30

Avco, up "a at 2514; Ford, up
25s at 8912: General Motors,
up " at 463z. and American
Machine & Foundry, up 25s
at 463s.
Corporate and Treasury bond
prices declined again during
July. Many corporate bonds
touched 1861 lows. A handful
Of the longest Treasury bonds
posted gains.
An Unexpectedly sharp rise
in the British bank rate Is to
2 per cent? and inflationary
aspects of President Kennedy's
request for increased defense
spending without immediate
tax increases were credited
with depressing prices during
the latest week. Speculative
money shifted quickly to the
rising stock market.
Among corporates, industri-
ais and top grade investment
issues fell less than half an
index point on the AP average.
Utilities posted a minimum adj
vance and rails were un-
changed.
Among governments the Bias
Of 1885 fell 28/32 during the
wek to close at 80 1892 bid.
Off 24/32 each were the IS of
1895 at 86 24/32 and the3 1as
of 1890 at 80 1882. The 2hs
of June 1964-69 fell 22/32 at
I89 26/32.
Evening star., 1961-07-30
YOUR
MONEYS WORTH
Schools Mean Jobs for Men
~ SYLVIA PORTER

Battered by racial religious
controversy. caught in emo
tional cross-fireS in both parties
and in the White House itself,
the Kennedy administrations
school aid bill at this point
seems doomed.
haven't the privilege of
commenting on racial and reli-
gious controversy or emotional
croSs-fireS, but as a reporter
in the sphere of economics and
finance, I do have the privilege
of emphasizing that the con-
Struction of a school doesn't
mean just classrooms for chill
dren. 1t means jobs for those
involved in building the schools,
profits for employers in hum
dredS of industries and trades.
More specifically. the school
aid bill could create up to
250,000 full-time jobs for men
and women each year in COM
ing years.
Big Job PrOvider
1t could provide 100000 Jobs
a year on the school construc-
ton sites, far more than
100000 jobs a year off the sites.
1t could provide jobs on top
of these in the production of
equipment going into the
schools and among those bene-
fitting from the responding of
the paychecks and profits.
None of this is guesSwork.
By coincidence, this week the
Bureau of Labor Statistics re-
leased the first in a series of
pioneering Studies authorized
by the 86th Congress to "de-
termine the labor requirements
of various types of construc-
ton that might be affected by
Government action" and this
initial study is on school con-
struction.
School construction was Sc
lected for the first study for
two reasons, according to james
F. Walker, the BIS expert
supervising all the surveys. The
first reason is that public
school construction already is
so big, running over $2.5 billion
a year and accounting for cne-
sixth of total public construc-
ton outlays. The second reason
is that the need for new class
room space is indisputable-
the Office of Education esti-
mates that in the next five
years alone, more than 427 900
new classrooms will be needed.
What does this study show?
This:
Each $1,000 of elementary
junior and senior high school
Evening star., 1961-07-30

construction results in 212 man
hours of employment.
OF these 212 man-hours, "a
hours are required for con-
struction on the school site and
128 man-hourS are required for
off-site activities to produce
and deliver the materials and
equipment used in the con-
Struction of the school.
Since the cost of the aver
age school in 1859 was $3.50, 900
not including site and plan
ming costs-and since each
school took about a year to
build, this construction created
a years employment for 81
workers-38 in direct construc-
ton and 43 in various other
activities indirectly required.
Big Expenditure
Since school construction is
running at SIS billion a year,
this indicates that school build
ing right now is the source of
275, 900 jobs a year-115, 900 on
site and 100000 off-site-with
manufacturing benefiting al
most as much as school con-
Struction.
This, mind you, does not in
clude the man-hours required
to install utilities, prepare and
landscape the school site. It
does not include the man-hours
required to produce the schools
furnishings.
1t does not include the en-
ployment created by the re-
spending of the wages and
profits of the workers and their
employers-"the multiplier eff
feet" which Walker properly
stresses as of major signifi-
canoe.
And, of course, I've not even
mentioned that while the men
get the jobs they'll also be
creating the schools in which
our youngsters can learn how
to survive and triumph.
distributed, 1861, by The Hall syndi-
cate, Inc. All Rights Reserved.)
Evening star., 1961-07-30
COMMODITIES

NEW YORK, July 20 (AP).-The
Associated Press weekly average of 35
commodities declined to 1896 in the
The textile component reached a
new 1881 high of 14f.SS, up from
139 "a the previous week.
Industrials and livestock advanced.
Food and grains and cotton declined.
Evening star., 1961-05-28
BALTIMORE
LIVESTOCK

BALTIMORE, May ~ tAP) CUsDA).
Receipts 1875 compared to
1900 last week; calf receipts 200 COM
pared to 1872 last week. Slaughter
steers and heifers: Bulk 97O-lI90 ID
high good TO mostly choice "a 90
25.00; few lots l233-1274 ID mixed
good and choice 23.0O-23S5; 1920
1850 lb good TO low choice $500
24.00: standard and low good 2l.25-
22.75. Package $50 ID choice heifers
23.00. 92s ID good 1925, 7l7-9S3
ID standard and low good l9.00-21 .76.
Cows and bulls: utility and few head
commercial l7.50-l9.00: Gamers and
cutters 15.5O-17.50, bulk 1900 and
up; utility and commercial bulls 90. .OO-
81 90. Vealers: Good and choice l50-
2b0 lbs 2S.00-32 90, choice up to 80 90
Monday. standard 2400-29.00 late;
stockers and feeders: Few lots 7O7-S50
ID medium and good feeder steers
%. .00-24 rs: few lots 524-577 ID medi-
um and good stock steers 26.00-2S. 90
Hogs: Receipts 1875 compared to
2699 last week. Barrows and gifts
mixed U. 8. No. 1-2 and mixed 1-3
1S5-225 ID lS.0O-1S.75 during the
week; mixed No. 1-2 closed at 1873:
mixed No. 1-3 1S0-230 ID l7.T5-1S.50
during the week, few mixed No. l-3
225-240 ID 1S.25-1S,50 at close. Sows:
Mixed No. Ia 300-550 ID 13.50-15.50.
Evening star., 1961-05-28
C&P Announces
ST. Million Outlay

The Chesapeake & Poto-
mac Telephone Co. board has
appropriated $1,125,000 for new
plant additions and improve
mentS in the District, the COM
pany announced yesterday.
Arthur P. Glow, vice presi-
dent, said the funds will pro-
vide central office equipment
in Brookland and Georgetown
dial centers, cable in the north
west area, a new conduit under
K street currently being
widened between 18th and 21st
streets NV, plus some smaller
projects.
C&P's net income rose to
$9,031 900 for the IL months
ending April 80, compared with
$7,897, 900 for the like period a
year ago. The utility added
$10.9 million in plant invest
ment during the IL months. AS
April ended, total investment
in plant and equipment was
90,156,000, the company
said.
Evening star., 1961-05-28
Cos Light
Net Rises

Net income of Washington
Gas Light Co. increased by
$22,160 during April over the
same month a year ago, the
company reported. Last months
net was $1,169,340.
Net income for 1961's first
four months was $8.103, ,498
compared with $7,541,491 for
the like period last year.
The utility had 404,549 Gus
toners meters in service at
the end of April, a gain of
1883 over the same date a
year ago. In the same IL
value of property,
plant and equipment increased
by $13,124,O27 to $173,417,536.
Evening star., 1961-05-28
COTTON

NEW YORK, May 27 AP).-Cotton
futures contracts were mostly lower
in the light trading this week.
Although closing prices were 40
gents bale lower to 90 cents a bale
higher, only two of the seven active
contracts on the New York Cotton
Exehanee advanced on the week.
Demand came largely from light
price fixing and Commission house
buying. Light hedge selling, smat-
tsring OF pTott-taking and local and
factors. The LIQUIDATION was Influenced
oy sIowness IN the spot markets.
Government holdings OF the staple
continued to decrease. but at q slow
pace; They were estimated at 2.403,-
200 bales on May 10 by the EXCHANGES
Service Bureau. This was a drop OF
only 1000 bales from a week earlier.
Exports in the week ended Tuesday
we're estimated BY the Bureau at So
600 bales, up from 700 week
a year ago. The Bureau estimated
exports Tor the season through May
23 at 9, 6,252,000 compared with 5,9l3,-
600 last year.
Evening star., 1961-05-28

ago.-Ward's Automotive Re-
ports.
Business interpretations in
April totaled 14,214, off 3.3 per
cent from March and down SO
per cent from the like months
a year ago.-Dun & Bradstreet.
Pan Am. World Airways re-
ported April traffic was up 10
per cent from the like month
a year ago.
Ford Motor Co. and Gulf Oil
Corp. announced two large
blocks of stock valued at more
than $500 million will be sold
to the public in June.
Gamble SkOgmO, Inc, an
nounced it has instructed Allen
& Co., New York investment
house, to extend Gamble
Skogmo's offer to purchase
Evening star., 1961-05-28

ton president. The convention
is scheduled at the Homestead
in Hot Springs, Va.
Other prominent speakers
will include: John B. jackson,
director of systems manage
-ment, Federal Systems Division,
chimes Corp, and Richard L.
International Business Ma
Harkness, commentator of Ma
tional Broadcasting.
Benfer to Greet Delegates
Mr.. Benfer, who is vice presi-
dent and trust officer of Riggs
National Bank, will greet dele
gates at the opening business
session at the Homestead on
Thursday, June 8. He will give
the annual presidents report.
Donald E. Doyle, outgoing
president of Washington Chap
ter, American Institute of
Banking, which the senior bank
association supports strongly,
also will present his annual re-
port of chapter educational ac-
tivities. .....
Mr.. Nourse and Mr.. jackson
will speak at the same session
and the conventions commit
tees on resolutions and nomi-
nations will be announced.
Richard A. Norris, president
Of Riggs National, will give his
annual report as association
treasurer at the second session
Friday morning. Eldridge D.
Kendrick will give his annual
report as association secretary.
Banner to Speak
Mr.. Banner and Mr.. Hark-
ness will address this session,
and James F. Willett. first vice
president Of the association,
will preside. Mr.. Willett is vice
president Of American Security.
Mr.. Broyhill will address the
final session Saturday morning
on the subject Of Congress and
political responsibility. ASsoci-
alton officers will be elected and
member banks of the Federal
Reserve System and the Ameri-
can Bankers Association will
elect representatives.
Douglas r. Smith, second vice
president of the association and
president Of National Savings
& Trust Co., will preside at the
final session.
The bankers will return to
Washington Sunday night. A
sports program has been ar
ranged for afternoons during
the convention.
Evening star., 1961-05-28
C-E-I-R Negotiating
For New York Firm

C-E-I-R. Inc, yesterd a y
added a footnote to its acquisi-
ton Of the American Research
Bureau of Beltsville, Md, an
nounced Friday.
The electronicS company said
it has all but completed details
of acquiring still another firm,
ARB Surveys, Inc, of New York
The latter company is an in
dependent affiliate of American
Research Bureau.
Evening star., 1961-05-28

470,000 shares Of General Out
door Advertising Co. to June 8.
Sears, ROebuck g. Co. in three
months ended April 80 earned
$23,217,974 or 81 cents a share
VS.. $27,479,887 or 81 cents in
1860 period.
New York Central Railroad
in April had a loss of $4,845,131
VS.. earnings of $1,250,585 in
April, 1860; for four months the
deficit is $22, ,335,085 VS.. earn
ings of $4,545, 800 in the like
period a year ago.
Kimberly Clark Corp. esti-
mated sales for the year ended
April 80 at $403 million, up 2
per cent from 1860. Earnings
were estimated at 1928 vt. $3.44
lin the previous year.
Evening star., 1961-05-28
BANK STOCKS

NEW YORK. May 27 (AP).-Na-
tional Association Of Securities Dealers,
Inc. Closing prices
Rank A. Trust Bid Asked
Evening star., 1961-05-28
BUSINESS
BRIEFS

BituminOus Production in the
week nd e d May 20 totaled
.7,750,000 tons compared with
.7,425,000 in the previous week
and 8,544,000 in the like week
4 year ago.-National Coal AS
sociation.
Motor Vehicle Output last
week totaled 1877, 1863 cars and
24,516 trucks compared with
123,528 and 24,669 in the pre-
vious week and 142,359 and
29,802 in the like week a year
Evening star., 1961-05-28
S248,0 900 Contract
Received by ARC

Atlantic Research Corp. has
been awarded a $248,000 Gov
ernment contract for IL Iris
solid-propellant rockets for up
per atmosphere research.
The National a Aeronautics
and Space Administration or
dered the 20-foot- long rockets
to study conditions at attitudes
from 40 to 200 miles up. They
will be produced at ARCS Pine
Ridge (Va) rocket plant 35
miles southwest of Washington.
Evening star., 1961-05-28
Chaise Lounge and
2 Chairs! Save!

n OsS
Monday only buy! Colorful
plastic webbing resists wealth.
er. Tubular aluminium frames.
Sears BLadsnSburo, Wisconsin,
Arlington and Alabama
Evening star., 1961-05-28
4-Position Back!
Aluminium Lounge
Monday Only----lB.0

Easy-roll rubber tire wheels.
print plastic covers, rust.re-
sistant hardware.
Seors BlddsnsbuTp, Wisconsin,
Arlington and Alabama
Evening star., 1961-05-28
Aluminium Fold.
Away Bed Buy!

Reg. $o.95 ....... 1903
Monday only! 26" wide, IS"
long. Polyfoam mattress in.
cluded. Folds compactly.
Sean BlddensbuTo, Wisconsin.
Arlington and Alabama
Evening star., 1961-05-28
TeIetroy Equipping
Restaurant Chain

The chain Of eight Tops
Drive-In restaurants have been
equipped with new Series
400" Teletray electronic order
ing devices, Teletray Electron-
les Systems, Inc, announced,
E. J. Myerson, president of
the Washington electronics
Evening star., 1961-05-28

Monday Only ly----ZI.BB
Genuine California redwood.
Get 2 benches, l table. Oft.
long. No money down.
Sears Bladensburu, Wisconsin,
Arlington and Alabama
Evening star., 1961-05-28
Bonkersto HeorNourse,
Banner and BroyhiII

Edwin G. Nourse, vice chairman of the Joint Council on
Economic Education Knox Banner executive director of
and Representative Broyh Republican of Vr
ga will be the major speakers at the 43d annual
vention of the District Bankers Association June Til
This today by Benfer jr associa-
Evening star., 1961-05-28

firm, said the new tray pro-
vides 40 per cent more space
and 80 per cent more light
than the restaurants previously
IISed
Evening star., 1961-12-10

NOTE. We will pey S. for qvesos snd used In ths
COLUMN. Questions bosed current ond clipping
Of news source must oeeompoay ADDRESS Ton Hsnr
THIS WEEK. 4es Lexington Avenve New roh ~ H. Y. Un-
occepsed Contributions be acknowledged returned
Evening star., 1961-12-10

Popular . WRa cagge oanpus dEes1
over t.UO million soswists last ,eor9
The Air Force Academy, near Col
orado Springs, Colo, outdraws Pixies
Peak. Visitors may watch noon forma-
tions, see Saturday parades and visit
the planetarium.
En-, SECURITY, COLO.
Family purse :. Ho'U much Of the
average American's annual family in
come is given to church and /OT charity?
Evening star., 1961-12-10

Beautiful ZOO {. Edith Head, Acod-
emy GsUuvd sUinning dress designer,
associates certain stars sCifh animals.
Into suhat category do some Of the stars
faH9
Elizabeth Taylor a fawn; Marilyn
Monroe relaxed kitten; Kim Novak a
sleek Siamese; Sophia Loren ioness;
Shirley MacLaine a composite Of every
animal in the jungle; Doris Day a
golden collie and Debbie Reynolds
leopard cub. -c c.M., WASHINGTON, DC.
Pram psasheFs n thousand scien-
lists from IS countries recently held q
healdh promotion conference in Bonn,
Germany. What advice did they haze
for parents?
Get higher baby carriages, SO that
the infants will not inhale harmful
motor-exhaust fumes that spread near
ground level in cities.
MIS-. ARD, BEIToN, TEX.
Evening star., 1961-12-10

Everything that cuts gets dull. safety
blade duIIs in day. electric shaVers in
about 9 months or so-despite claims
to the contrary.
Normally you have to send your electric
shaver back to the factory land lose the
use of it for weeks on end). and pay as
much as $3.50 to have the job done.
II you own Ronson cFL Mark u. how
ever. you can keep it sharp as newwith
Ronson's repIaceabIe shaving screen
and mutti-blade Miracle cutter you snap
in at home in 10 seconds. This new cut
ter and shaving screen, boxed together.
cost only $500 (suggested retail price,.
Snap them in and your Ronson shaver
is new again. Unlike other shavers. every
other shaver part (incIuding the motor
is engineered to last a lifetime.
Evening star., 1961-12-10

Hats OF :. What has Norway done to
teach nu0Ie sefay 20 its child1en9
Developed o miniature village near
Oslo. 1t has real streets equipped
with all the usual traffic devices. a
scale railway. candy factory and a
concert hall for children.
LII, BAY CITY, TEXAS
Evening star., 1961-12-10
7uiz 'EI11 Question. from tn. new.
By TOM HENRY

Four to six per cent. Voluntary
contributions top $l7 billion a year.
People who attend church frequently
tend to give more to all causes.
MRS. HIS, LA CREsCENTA, CALF.
Elder citizens WhGt three states
haze the highest percentage Of citizens
Oper the age Of IS?
Iowa, Missouri and Nebraska.
-I.L.R., INDIANAPOLIS
For MOms only An unusual adult
education course suas giuen this fall at
East Paterson, N. j., High School.
What sUas IT.
Football for women. The course
was intended to acquaint mothers Of
present and future football players with
the finer points of the game.
LIP, FALMOUTH, MASS.
Evening star., 1961-12-10

MRS. ARD, BELToN, TEX.
Evening star., 1961-04-14
Honoennoker Winner Announced

A long-dreamed-of ambi-
ton has become a reality for
an 18-year-old South Caro-
lima miss.
Mary Sue Roach, one of
six children of Mr.. and Mrs.
v. j. Roach of Moncks Cor
ner. has won a 5000 scholar
ship. She accomplished this
feat by being named the
Betty Crocker All-American
Homemaker Of morrow
for 1861.
When she was announced
as the winner last evening
over so other contestants at
the American Table Dinner
in the Presidential Ballroom
Of the Statler- Hilton, Mary
Sue told President Charles H.
Bell of General Mills, as he
handed her the gold certifi-
cate, This is almost too good
to be true"
Mary Sue is a senior at
Berkeley High School in
MonckS Corner. where she is
editor Of her high school an
nual, feature editor of the
school paper, and a partici-
pant in a number Of other
school activities.
Other firstS for her have
included being named Miss
Senior Prom and the class
beauty and Miss Queen of
Hearts Moncks Corner Junior
Miss. Her hobbies are sewing,
which she rates second on
her list after cooking; SWIM
ming, public speaking, read
ing and horseback riding.
She plans to use her scholar
ship at Limestone College in
Gaffney, s. c., and will major
either in home economics or
English.
Runnerup and winner of q
$4,000 scholarship was Jane
Smith, IT, Of Paris, Tenn.
She is going to use her award
to attend the College of
Wooster. Ohio, where she will
major in mathematics or
languages.
While the South reigned
Evening star., 1961-04-14
White House Finds
Historic PiertubIe

Pierre Salinger, press Sec
retary to the President, an
nouncad at his news briefing
this morning that there had
been a historic piece of fur
niture discovered in the
White House
1t was described as a gilt
pier table decorated with
carved olive twigs.
The White House release
said that the table was one
of a number of matched
pieces made by Partisan Cab
inetmaker Pierre Antoine
Bellange and purchased by
President Monroe for what
was then known as the Oval
Room and is now called the
Blue Room.
1t is now planned to put
the piece in good condition
and return it to the Blue
Room.
Mrs. Kennedy last Janu-
ary read in a 1916 issue Of
the Gazette des Beaux Arts
an article by DR.. Hans Huth,
formerly research curator Of
the Art Institute Of Chicago
Evening star., 1961-04-14

and an expert on the French
bills Of 1917, which gave a
description and a picture of
the Monroe table.
The release states. that
Mrs. Kennedy Immediately
started a search for the table
which was finally located
in storage last week.
All of the other matching
pieces were eventually sold,
according to the release, with
the exception Of the table.
About 1902, during the Roose-
velt renovation, it was moved
to the ground-floor diplo-
matte reception room.
Mr.. Salinger also an
nounced at his briefing that
Mrs. Kennedy entertained
Mrs. Alphand, wife of the
French Ambassador, at q
luncheon today at the White
House.
Evening star., 1961-04-14
Assembly
Is Tonight

President Kennedy's Press
Secretary and Mrs. Pierre
Salinger, whose son, Marc.
is a member of the Fairfax
Junior Assembly, will chap
eron a dance from 1880 to 9
o'clock tonight of the as
sembly at the Congressional
School in Falls Church.
The junior dance will be
followed by a dance of the
Fairfax Senior Assembly Of
9th and 10th graders, from
$3.50 to IL pm.
Evening star., 1961-04-14

$4,000 scholarship, was nancy
Woodcock of Meredith, N. H.
Her present plans are to enter
Simmons College in Boston
this fall after graduating
from Inter-Lakes High School
in Meredith.
The other Al finalists from
the so States and the Dis
trict of Columbia each re-
Evening star., 1961-04-14

ceived a $500 scholarship.
The awards were based on a
50-minute written examina-
ton on homemaking and on
personal interviews.
The contest is sponsored
by General Mills in its an
nual search for the American
Homemaker of Tomorrow.
Evening star., 1961-04-14

supreme in the top positions,
two New England girls
copped the third and fourth
prizes.
Nancy Greed of Cheshire,
Conn, went home with the
third place prize of $4,000.
Evening star., 1961-04-14

Another 17-year-old, she at
tends Cheshire High School
and will study bio-chemistry
at Mount Holyoke College In
South Hadley, Mass.
Selected the fourth-place
winner, which carried a
Evening star., 1961-04-14
Major

We have the Icrsest display in the entire
oreo Of fine Grand Ropids furniture at many
price levels, ready for immediate delivery.
In Washington: 81 Seventh Street NV.
Open Monday 6 Thursday 9 A,M to 9 PM
In Silver Spring: 87l5 CoesviIIe Rood
Open Mon., Thurs, Fri. AM to $50 PM
Evening star., 1961-01-04
CALLED SLOWEST TEAM AFOOT
Coast CoIumnists Rap
Minnesota Showino

this club was able to take the
measure this season of its mid
western kin, you pause to worry
about the future of the Big
Ten"
Sports Editor Paul Zimmer-
man OF the Times wrote:
This department was casti-
gated by Gopher grads for our
temerity in suggesting the
AAWU athletic Association of
Western .Universities) could do
better in inviting the Qowa)
Hawkeyes if they must turn
to the Big Ten.
AFTER what happened in the
Rose Bowl. it hardly can be
denied that Iowa could have
made a better game of it. For
example, it was not until the
final quarter that the Mime
sofas completed a pass. That
is, to their own man. -
"All things considered, much
maligned western football came
out Of the bowl game smelling
like a rose. Washington's i'm
pressive win wasn't the only
thing. Dukes victory IN the
Cotton Bowl, after (suffering
a sound thrashing by UCLA.
27-6. didn't hurt matters"