davidaulloa/AmericanStories huggingface dataset:
Evening star., 1961-07-18
Western Auto Sales
Rise 2.o Per Cent

Western Auto Supply Co.
with 13 stores plus six retail
affiliates in the Washington
area, showed a gain of 2.9 per
cent for 1961's first half in
national sales.
The retail chain was helped
by a sharp upturn of more
than II per cent in June sales
The company reported sales of
$134,811,000 for the six-month
period, including $33,822, 900 in
June. The 13 Western Auto
Stores here are owned by the
company. Six other local West
ern Auto Associate Stores are
independently owned but sell
the company's automotive pro-
ducts through franchises, ac-
cording to a company spokes-
man.
Evening star., 1961-07-18
CHICAGO
LIVESTOCK

CHICAGO, July 1S (AP) (USDA).-
Hogs, 5000; moderately active, butchers
27U lbs and down steady to strong;
over gro lbs steady to weak and late
sales all weights steady to weak: Sows
steady to strong; good shipping de-
mand; mixed IL EUO-230 10 butchers
12O head at 1850; bulk
I-3 and 2-3 190-240 lbs 17.75-1S.25;
2-3 240-2S0 lbs 17.00-17.75; 2-3 and
3s 2S0-300 lbs 16.25-17.00; q few
mostly IS 300-350 lbs 15.25-16.25;
1-3 l7O-19O lbs 16.50-1S.00: mixed
1-3 300-400 lb Sows 14.25-16.00; G-3
100000 lbs 12.5U- 14.25.
Cattle, 5000: calves, none; slaughter
steers under 1,100 lbs fairly active,
about steady; 1,100-l,200 lbs steady
to 25 lower; over 1900 lbs slow, mostly
25 to 80 lower; heifers slow. steady
to 25 lower cows steady to 70 lower
other classes steady; two loads mixed
some chioce 95O-1 ,050 lb steers 300;
21.00-22; so; a load Of choice 1,45o
lbs 22.O0; utility and standard 1850
20.50 including several loads 1,050-
LOO ID Hoistein l9.75-20.0O; a load
of high choice 900 Id heiferS and a
load of choice 9l3 ID mixed steers and
heifers $500; most good and choice
heiferS 2O.0U-22.75: choice largely
22.OO up: utility and standard 15.5O-
1000: cutter. utility and commercial
cows 14.00-16.50; Gamers 12.00-14.00:
utility and commercial bulls 1850
21.00: not enough vealers offered to
test prices; q load Of good 675 ib
stock steers 21.50.
Evening star., 1961-07-18
Truchtenberq
Joins Stuff of
Orvis Brothers

Henry Trachtenberg has be-
come a registered representa-
tive in the Washington office
of Orvis Brothers & Co., men,
bers of the New York Stock
Exchange.
Mr.. Trachtenberg formerly
was associated with Saks of
Washington and Frank R. Jel-
EFF. Inc.
He is active in business and
community affairs of the Ma
tional Capital and currently is
a director of the Better Busi-
ness Bureau of Metropolitan
Washington.
He formerly was chairman
OF the women's wear division
and member Of the Board of
Governors of the Merchants SE
Manufacturers Association, and
was a member of the board of
Downtown Park & Shop, INC.
He also was on the Summer
Jubilee Committee of the
Washington Board of Trade
and was active i'll the United
Glvers Fund and other crgan-
izations.
Evening star., 1961-07-18
PEOPLE
IN
BUSINESS

Thomas ]. Curran has been
named sales representative for
the Statler Hilton Hotel. He
will handle national conven-
tions.
Mark Appleman, former ex-
ecutive of j. Walter Thompson
Co., public relations firm, has
Joined Francis I. DUPONT g. Co
as head OF. a newly-formed
promotion division. The securi-
ties firm has memberships in
the New York Stock Exchange
and other leading exchanges.
Carl P. Nierzwicki has been
appointed manager of defense
programs for Motorola's mill
tary marketing division. John
C. Parham, who has managed
the Washington regional office
will become manager of Navy
programs for the military elec-
tronics division.
John F. Rudy of the Wash
ington office of Goodyear Tire
& Rubber Co., has been elected
to the executive board of the
National Capital Area Council
Boy Scouts of America.
Evening star., 1961-07-18
Murchisons
Install New
IDS Board

NEW YORK, July 1S (AP).-
The Murchison brothers OF
Texas today consolidated their
proxy fight victory for control
Of Allegheny Corp. by INSTALL
ing a majority on the board of
Investors Diversified Services.
IDS, a $3.7 billion investment
complex, is the richest property
Of Allegheny, a New York
holding company, and was the
big prize IN the proxy battle.
The new slate was elected
today at a special stockholders
meeting in Minneapolis called
by Allegheny, temporarily
headed by John Murchison as
president.
New directors included, be-
sides Clint MurchiSon, jr.:
Thomas w. Moses, Indianapo-
lis. president of the Indianapolis
Water Co.; Stephen Rooth,
Dallas, Tex, vice president of
Allegheny; Edgar T. Rigg, New
York, chairman of Holt, Rine-
hart & Winston. publishing
firm; Charles Ritz. Minneapo-
lis, chairman of International
Milling Co.
Also Dudley Swim, Carmel,
Calf, a former IDS director
and director of Western Air
Lines and California Packing
Corp; John J. O'Neil, Akron,
Ohio, chairman of the finance
committee. General Tire &
Rubber Co., and Eugene B.
Hanson. Minneapolis, president
Of Northern Finance Corp.
Evening star., 1961-07-18
Steel Output Gains
4.6 Per Cent in Week

NEW YORK, July 18 (AP)
National steel production last
week rose 4.6 per cent from
the week before, ending a
steady six-week decline. 1t
matched the largest weekly in
crease since January IA.
The American Iron g. Steel
Institute announced that out
put for the week ended July
Is totaled 100000 net tons,
or 99.8 per cent of average
weekly production from 1857
through 1859.
The weeks production never
theless was the second lowest
since April 20, when 1855, 900
tons were produced. Produc-
tion for the year also is off
1928 per cent to 48,710,O00 net
tons from 63,065,00O at the
same period last year.
Evening star., 1961-07-18

ments for trust funds in the
District of Colufbia.
Directors deotred the usual
quarterly dividnd of 8 cents
a share out d investment in
come payable dSeptember l to
stockholders bf record at the
close on Ju1 81. Total divi-
dends reimbursement income
in the lasY12 months totaled
"a cents sIShare, while capital
gains distributions amounted
to 40 cets a share.
Cgttracts Renewed
Shareholders approved re-
newal 4 the funds investment
advisog contract with Capital
Reseach and Management Co.
of LIS Angeles. the business
manfgement contract with
Johaston, Lemon & Co., and
ratified reappointment of Price,
Wterhouse & Co. as auditors of
TIE fund.
Reelected directors we're:
Nr. Johnston, James H. Lemon,
Charles T. Akre, George E.
Allen, Nathan A. Baily, Jona-
than B. Lovelace and Robert
B. Swope. Re-appointed to the
advisory board we're: Daniel j.
Callahan, jr., Barnum L. Cotton,
Leo Goodwin, William T. Van
doren, Davis Weir, DR.. Charles
s. White and Roger j. White
ford.
Reelected officers in addi-
ton to Mr.. Johnston were: Mr..
Lemon and D. j. Needham, vice
presidents; Bernard J. Nees,
executive secretary; Harvey B.
Gram, jr., treasurer, and Ralph
). Richard, assistant secretary
and assistant treasurer
Evening star., 1961-07-18
YOUR
MONEYS WORTH
New Retirement Test
~ SYLVIA PORTER

Under the Social Security
Act as amended last year and
this. you could earn more than
$500 a year and still get some
social security benefits for
yourself and your wife.
The limit continues on what
you can earn after you retire
under social security and still
draw benefits. Opponents OF
removing the ceiling insist an
earnings restriction always has
been in the law, always should
be. They argue that the cost
of repeal of the limit would be
prohibitive-it would add more
than a million individuals to
social security rolls at once,
would raise the cost of the
program by more than 2 billion
a year and force a steep in
crease in social security taxes.
Although the restriction re-
mains, it is being eased bit by
bit and in the 1861 amend
mentS Congress included an
other slight liberalization which
will permit about 350,000 to
get insurance benefits or to
get increased benefits. Here are
key questions and answers on
the retirement test.
Rules On Earnings
Q. What are the precise rules
on earnings?
A. You are entitled to re-
ceive your full social security
check for every month of the
year if you earn $1,000 or less
during the year.
You will get a benefit check
for any month in which you
neither earn more than 500
in wages nor perform Sub
stantial services" in self-em-
ployment - regardless of how
much you earn in a year.
You will get your full social
security check every month no
matter how much you work
and earn when you reach your
72d birthday.
Now here's the change. Un-
der the old law, for each So
you earned between $1,000 and
$500 a year, 81 in benefits
was withheld and for each 81
you earned above $500 you
gave up 81 in benefits.
Under the new law, for each
50 you earn between $1,000 and
$1,700 a year, 81 in benefits is
withheld and for each 81 you
earn over $1,700, you give up
81 in benefits.
You will, in short, forfeit
$3.50 in benefits if you earn
$1,700 a year against a $3.50
forfeit under the old law.
This is quite an advance
from the pre-1960 retirement
test. To give you an idea of
how it was once, the limit on
earnings in the 1889 law was
Evening star., 1961-07-18
Ad Club Honors
Goldsmith for
Long Career

Ralph L. Goldsmith, retired
president of LanSburgh's de-
partment stores. was honored
at a luncheon of the Washing
ton Advertising Club at the
Presidential Arms today.
Milton @. Ford, president Of
the club, reviewed Mr.. Gold
smiths long career in adver-
tising and merchandising and
presented him with an honor
ary life membership.
It was only the fourth such
honorary membership awarded
by the club in its 43 years of
existence.
Mr.. Goldsmith retired as
LanSburgh's president a year
ago and now is chairman of
the company's executive COM
mittee. He joined Lansburgh's
in 1920 and became its presi-
dent in 1851. His service with
the department store totaled 40
years.
Evening star., 1961-07-18
Atlantic Research
Gets Bio Contract

A 100000 contract for pro-
duction of the Areas sounding
rocket has been received by At
lantic Research Corp, it was
announced by M. Lee Rice, vice
president.
The new contract continues,
at a stepped-up pace, produc-
ton of the highly successful
solid-propellant meteorological
and upper altitude research We
hiele.
In addition to the rocket We
hicle, Mr.. Rice said, Atlantic
Research will manufacture a
number of the unique closed
breech Areas launchers, produce
specialized nose-cone packages,
and provide engineering and
technical support services.
Evening star., 1961-07-18

$l4.99 in a month and in the
original 1885 act, a beneficiary
was permitted no earnings from
regular employment!
@. What about money 1 get
from dividends on my stocks? i?
A. There is no limit on the
amount you can collect from
investments while getting your
benefits. No matter how much
income you get from dividends.
interest, rents, annuities, tn
money isn't counted in earn
ings. The barrier is against in
come earned from work - for
you will recall, an original aim
Of the social security law was
to encourage older people to
get out Of the work force and
thus leave jobs open for young
er workers.
Effective This Year
@. When does the new re-
tirement test become effective?
A. 1t applies to earnings
this year-in 1861.
If too many of your benefit
checks already have been with
held, you will not lose this
money. The proper amount will
be paid to you when you make
your annual report of earnings
for 1861 early in 1862 or you
can arrange for earlier pay
ment. Your local social security
office will help you arrange
for this.
AS an illustration, say your
wife and you are eligible for
social security benefits of Sis
a month and because you re-
ported that you expected to
earn $1,000 this year, four
checks already have been with
held. Actually, you must for
felt only $3.50 under the new
law. You can get the additional
benefits when you file your
earnings report next year or
apply for the money earlier.
If you have any doubts about
how your earnings affect your
eligibility to draw social Secur-
ity benefits, recheck your sta
tus at the nearest social secur-
ity office now. A couple en-
titled to a monthly check of
$3.50, might, I repeat, get some
Evening star., 1961-07-18

M. johnston, Doaro cha1rmaI
and president.
The July IA assets total wa,
equal to $l0.59 a share, com.
pared with $9.15 share a veal
earlier.
All directors were reelected
by the stockholders and after
the meeting, directors appointed
Robert v. Smith. prominent
Washington lawyer, to succeed
his father, the late Robert p
Smith, on the funds advisory
board.
Mr.. Smith is senior partner
in the law firm OF Smith, Ristig
& Smith. He is a director of
Royal Oil & Gas Corp, Congress
Sional Insurance Co., the Guy
T. Steuart Foundation and the
Won Hoffman, Foundation,
Inc, and is general attorney
for the Shriners Hospitals for
Crippled Children.
Holders Exceed 5000
In his annual report, MIR.
Johnston also reported the
fund now has more than 5000
stockholders. of whom around
half reside in the Washington
area, and the remainder arr
scattered over 36 States. Te
fund will enter its 10th year If |
operations on August /. |
Currently it owns 73 CON-
mon stock issues representing |
25 leading industries. AS of |
July IA. l1.39 per cent of the
portfolio was invested in public
utilities, 1858 per cent in ma
chinery companies, til per
cent in oils and 7 per cent in
food and soft drink firms.
All investments are required
by its charter to be selected
from the list of legal, invest
Evening star., 1961-07-18
Yield Drop Slightly
On 91-DuY Bill Issue

The Governments short-term
borrowing costs fell with to-
days weekly offering of Treas
ury bills.
On $1.1 billion of 91-day
bills. the average yield was
2.2OO per cent. The rate a week
ago was 1922 per cent.
Bids for the $500 million of
l82-day bills averaged 1885
per cent. Last weeks rate was
2.512 per cent.
Evening star., 1961-07-18
GeneraI-Foods
Sets Records

NEW YORK, July 18 (AP).-
General Foods Corp. today
posted new records for profits,
net sales and earnings per share
in the three months ended
June 80.
Net income came to $17,196,-
900 or SO cents a common share
on sales of $288, ,523, 900, COM
pared with $16,150,000 or 65
cents a share on volume of
1865, 900 in the correspond
ing 1860 period.
The figures were adjusted for
General Foods 2-for-1 stock
split approved last July.
Evening star., 1961-07-18
Earnings

American Electric Power ir
IL months ended June 81
earned $53,346,O00 or $2.44 6
share VS.. $52,819,000 or $2.4S
in 1860.
Southern Co. in IL months
ended June 80 earned SAG, 6,102,-
224 or $1.99 a share VS.. $44,-
Asa. .039 or $1.98 in 1860.
Christiana Securities in 8
months ended June 80 earned
$37, ,442, 1924 or $3.50 a share VS..
$37,568,144 or $2.81 in 1860
period.
PillSbury Co. in year ended
May 81 earned $7,911,265 or
1854 a share VS.. $6,541 ,O94 or
$3.04 in 1860.
StOkely-Van Camp, Inc, in
year ended May 81 earned
$6.030,000 or $2.82 a share VS..
$3.456.419 or $1.46 in 1860.
Amerace Corp. in "a weeks
ended June Is earned $2,522,-
1877 or $1.30 a share VS.. $685.
396 or Al cents in 1860 period.
Random House, Inc., in year
ended April 80 earned $1,394,-
$50 or SLAB a share VS.. $1,327,-
583 or 81 Al in 1851
Other earning included:
For Months Ended June 30
Evening star., 1961-07-18
BUSINESS
BRIEFS

Business Failures in the week
ended July 13 totaled 304 COM
pared with 220 in the previous
week and 258 in the like week
a year ago.-Dun g. Bradstreet
Northeast Airlines reported
carrying $4,000 passengers
during June, a record for the
month in its 28-year history.
BOeing Co. announced a sale
of two more Boeing TOT jet
liners to Sabena World Air
lines. which has been operat-
ing five TOTS since last year
Martin Co. announced q pay
raise went into effect yesterday
for 10000 hourly employees
The increase averages 7 cents
an hour.
Intl. Minis. & Chems. Corp.
will purchase Aristo Corp. OF
Detroit, according to an an
nouncement by both companies,
Evening star., 1961-07-18
$29.5 Million Assets
Of Washington Mutu(I
Show Record Gain |
BY DONALD B. HADLEY
Star Financial Editor

Assets OF Washington Mutual Investors Fund Increached
new high Of $29545 900 July H. compared wt$19 mil
lion year ago. and showed the best annual gain its nine
year history
The year-to-year increase than $40 million
reported at the annual stockholders meeting by James
Evening star., 1961-07-18
OVER COUNTER

Following prices furnished BY the
ers in Weshington Represent The ranee
within which locally active securities
could have been bought or sold Al
Evening star., 1961-07-18
TREASURY BONDS

NEW YORK (AP)-Noon over the coun-
ter U. S. Government Treasury bonds,
bid, asked, net change and yield for
Evening star., 1961-07-18
REPORT OF CONDITION OF THE
INDUSTRIAL BANK
OF WASHINGTON

OF Washington in the District Of CO.
June so, 1861, published in response
to call made By Comptroller OF the
Currency, under Section b211, D. 8.
Revised Statutes
Evening star., 1961-07-18

ASSETS
/. Cash, balances with
other banks, and cash
items in process Of
collection 81 $50, lOl S6
.. United States Gov
ernment obligations,
direct and guaranteed 1871, ,31l 90
3. Obligations Of States
and political subdivi-
sions - 1,254,7Ss.76
4. Other bonds, notes,
and debeptures Tin
eluding SS07. 1880
securities Of Federal
agencies and corpora
tions not guaranteed
by U. S. aI5.sl2.5o
s. Corporate stocks 100000
8. Loans and discounts
OncludinR S2S69S
overdraftsl s;sS4.se4.os
z. Bank premises owned
$500, furniture ana
fixtures, S3S,064. .35 3S,066.3b
Bank premises owned
are subject to S None
liens not assumed by
bank
s. Real estate owned
other than bank
premises - 5e.7oa.47
/ Other assets -- a31.T6
.. Total Assets I'D, 0,O3o. .64a.73
Evening star., 1961-07-18
MUTUAL FUNDS

NEW YORK (AP)
- National ASsocia-
ton Securities Deal
.h,ra Tna
Evening star., 1961-07-18

b0,101. IS
2.571,311.00
1,254,75s.76
Evening star., 1961-03-12

drops a child would have to
buy to be sure of getting at
least three of the same color?
(A) 3, CB) Z, Co 0. CD II.
(E) IS.
17.What will be the cost
for gasoline on q trip of 180
miles If the car averages is
miles per gallon and gaSo-
line costs 20 cents per gal
Ion?
(A) $1.35, (B) $1.67. Co
$2.40, D) $3.50, (E) $54.
18. A worker receives one
and one-half times his regu-
lar hourly rate for time over
40 hours in any one week.
If he received $3.50 more
for working 46 hours than
for working 80 hours, what
is his regular hourly rate?
(A) $1.65, (B) $1.80, Co
1920, cd $2.48, (E) $3.50.
10. How many ounces Of
lead must be added to "a
ounces If tin to make an
Evening star., 1961-03-12
OPPOSITES:

Each question below con-
sists Of a word printed in
capital letters, followed by
five words lettered "a"
through "E." Choose the
lettered word which is more
nearly opposite in meaning
to the word in capital letters.
TANGIBLE: (A) Radi-
al, OBJ Immaterial, &C. Mi
mute, Cd Diffuse, E. Un-
proved.
2-LANGUISH: "a Term
mate, CD Swell, (C) Thrive,
Cd Enjoy, (E) Strive.
3-PINNACLE: (A) Butt
ress, (B) Hinge. Co Abyss,
CD Surface, CE) Oblivion.
- REFRACTORY: (A)
Dense, (B) Submissive, Co
Polite, Cd Stable, (E) Con-
centrating.
Evening star., 1961-03-12

that she is fond of him. For
example, after a date, she
can say, "Jack. this has been
q wonderful evening and I've
enjoyed it so much!" If she
has a genuine lilt in her
voice, the boy will KNOW she
has enjoyed being with him.
An enthusiastic person
who shows interest in others
and who is a good conversa-
tionalist (Which means being
q good listener, too) seldom
Evening star., 1961-03-12
HERE'S HOW TO KEEP A BOY INTERESTED

best? 3. At the dance is he
supposed to buy the re-
freshments or am I? 4. He
lives three miles from me,
SO would it be all right II
I met him at the school?
I'll 90 with my girl
friends and they will be
meeting their dates at the
school. OF course, the
dance will be properly
chaperOned. Please answer
soon, the dance Is only
three weeks away.
Here are the answers to
your questions in the order
you asked them. /. If the
dance is formal the boy
should buy you a corsage.
2. Several days before the
dance he should ask you
what color dress you will be
wearing and whether you
prefer a shoulder or wrist
corsage. If he fails to ask
you, I suggest you do not
"hint" or mention it to him.
8. If there is a dinner (for
example) before the dance,
you pay for it since that
would be considered part of
your invitation. However, if
it's just a case of buying
soft drinks from a machine
or something like that. let the
boy pay for them. 4. The boy
should pick you up at your
home, especially for a formal
dance. If he is not old
Evening star., 1961-03-12

students failed in one semes-
ter, what Is the greatest
number who could have
failed?
tA) 8. B> 8. CO. 8. Cd 10.
(E) IL.
II. A woman spent So for
IS greeting cards. II some
were 10 cents each and the
rest is cents each, how many
1O-cent cards did she buy?
(A) s, (B) 10, &C. IL, Cd
IS, (E) 20.
is. An Q foot by 10 foot
floor Is to be lined with g.
inch-square tiles. If the
floor is to be bordered on
all four sides with one row
of blue tiles. how many g.
inch blue tiles will be needed?
(A) 80. CB) SO, Co "a, Cd
SO, (E) u.
10. If gumdrops come in
five colors, what Is the small
est number Of assorted gum
Evening star., 1961-03-12
MATHEMATICS:

12. In North Dakota the
temperature has gone as
high as ia degrees and as
low as minus As degrees. How
many degrees difference is
there between these two tenn
.peratures?
(A) SO, (B) 70. &C. ia.
ID 159, (E) 169.
13. A school has two, three
or four classes each semester
in physics, with 20 to 80
students In each class. If
10 per cent Of the physics
Evening star., 1961-03-12
TEST YOUR COLLEGE ENTRANCE POTENTIAL

the meaning OF the sentence
as q whole.
5-Iron rusts from e,
stagnant water loses its pur-
ity; even so does sap
the vigor Of the mind.
(A) Disuse, Inaction: (B)
Abuse, Delinquency; Co Mis-
use, Imitation; Cd Acid, AL
cohol: (E) Age, Misuse.
6-Since growth is not a
80. process for all people,
the Importance of studying
the ,... growth pattern has
been emphasized.
(A) Uniform, Individual:
(B) Healthy, Normal; Co
Unique, Varying; Cd Simple,
Fundamental; (E) Normal,
Typical.
7-If we cannot make the
wind blow when and where
we wish it to blow. we can at
least make use of its Z.
(A) Source, (B) Heat, Co
Direction. Cd Force, (E) At
moSphere.
Evening star., 1961-03-12
ANALOGIES:

Each Of the questions be-
low consists Of two words
which have O certain rela-
tionship to each other. fol-
lowed by five lettered pairs
of related words. Select the
lettered pair Of words which
are related to each other in
the same way as the words
Of the original pair are re-
lated.
8-TREE: ORCHARD-(A)
Nose: Face, (B) Citizen: Ma
tion. Co Tea: Beverage, Cd
Rhythm: Music, (E) Train:
Transportation.
CLAMPS: DARKNESS
(A) Books: Ignorance, (B)
Books: Publication, (C)
Books: Fame, Cd Ignorance:
Fame, (E) Publication:
Fame.
10. TRIGGER: BULLET
(A) Handle: Drawer, (B)
Evening star., 1961-03-12

Below are sample
questions from the scho-
lastic Aptitude Test Of
the College Entrance Ex-
animation Board. How
many can you answer?
These tests are extreme
ly important, and your
score may well deter
mine whether you are
admitted to the college
of your choice.
Evening star., 1961-03-12

than I am. Please give me
some advice. PETE.
Perhaps the best way to
answer your question is to
ask you one: How would you
like it if a girl accepted an
invitation from you and then
broke it when she, had q
chance to go with someone
else? Put yourself in the first
girls place, Pete, and I think
you will have your answer.
My advice? Be a good
sport, go with the first girl
and make the evening o
pleasant one for her!
Evening star., 1961-03-12
COMPETITIONS:

Each of the sentences be-
low has one or more blank
spaces, each blank indicating
that q word has been omit
ted. Beneath the sentence
are five lettered words or sets
Of words. You are to choose
the one wTrd or set Of words
which, when inserted in the
sentence, best fits in with