davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-09-06
TALKING OF BUSINESS
General Kinetics Tope Cleaners
Do S544, 900 Business in Year

a machine is forecasting sales
or figuring the orbit of Col
John Glenn, a particle Of dirt
can spell disaster.
An example of how sensitive
the computer is to tiny errors,
even in punctuation, was an
$l8.5 million Venus space We
hicle that went astray last July
due to a missing hyphen in the
tape controlling its flight. It
had to be destroyed in mid
air.
Delays Are Expensive
Even if his tape is free of
particles, the computer opera
tor faces alarming expense if
he ignores other maintenance.
A cracked or skewed tape
means an idled machine during
repairs, in an era when COM
puters rent at 5000 to $500
an hour.
Aided by its maintenance
business, GKI in its fiscal year
ending last May 81 reported
operating volume Of $544, 900,
compared with $343,000 the
previous year.
Mr.. Gutterman and a COL
league, Walter L. Anderson, ex-
ecutive vice president, have
been working with tapes since
the end of World War II when
they were employed with En-
gineering Research Associates.
After Remington Rand
bought control of the latter
company, the pair with two
other alumni, Admiral William
B. Goggins (USN, Ret) and
Alfred E. Roberts. jr., launched
General Kinetics in 1855.
':We picked the name
General because we figured
we'd be in good company in
Evening star., 1962-09-06

directories with General
Motors and General Dynam-
ics," admits the president.
And we used 'Kinetics' becau&
it's the science of things in
motion"
Their enterprise has been in
the black six of the last seven
years. Mr.. Goggins now serves
as board chairman and Mr..
Roberts is a vice president.
Wide Range of Costs
Today GKI offers a line of
tape maintenance machines
ranging from $1,000 to $4,000
for cleaners and $33, 900 apiece
for electronic testers to locate
and record tape errors. The
cleaners loosen particles by
ultrasonic means, then wash
them off in a bath Of water
and detergent.
Customers have the option
to rent or buy. Most users
today are private industry,
among them Eastman Kodak,
though a GKI machine is
operating for the National
Aeronautics and Space Agency
at Huntsville, Ala.
The company, located at
26l1 Shirlington road, also
markets tape winders, tension
measuring meters and devices
to erase information from tape
About a third of its sales last
year was in mathematics and
engineering services.
AS for the future, officials
estimate about 81 million vol
ume for the current fiscal year
helped by the recent acquisi-
ton of Computer instrumental
ton Corp. of Philadelphia
maker of computer test equip
ment.
Evening star., 1962-09-06
SIC Million Loan
Made on Apartments

Connecticut General Life In
surance Co. will provide SIS
million of permanent financing
for the third section of the
Americana Fairfax apartments
on the Little River turnpike
and the new Capital beltway in
Fairfax County, Va.
The project will have 5000
dwelling units when completed
Financing was arran g d
through Phillips g. Fuller, Inc,
mortgage loan correspondent
for the insurance company
The borrower, Bristow Limited
Partnership, was represented
by Carl M. Freeman and James
L. McIlvaine, general partners
Evening star., 1962-09-06
U.S and ABA Create
Vast SmoII-Loon Source

its services in credit investiga-
ton and in making and serv-
icing the loan, the bank may
deduct from the interest it
collects for SBA one-half of /
per cent a year on the unpaid
balance Of SBA's share of the
loan, in addition to its regular
interest on its own share.
Evening star., 1962-09-06
By TRUMAN r. TEMPLE
Star staff Writer

CN1A otAA WAANCA
Among the actors wearing
expressions Of synthetic
astonishment as they received
Academy Awards two years ago
was a short, calm and matter
of-fact man named Robert p.
Gutterman.
Mr.. Gutterman has never
had a screen test. At the box
office he remains unknown.
And he wasn't surprised at the
award because, as he puts it,
They told me beforehand"
But ordinary workers in the
film industry probably will
remember Mr.. Gutterman's
quiet contribution a good deal
longer than that Of other Os-
car winners.
The award went to him for
inventing an ultrasonic ma
chine that eliminated the chore
of wiping dirt Specks by hand
from movie film negatives, a
task that previously exposed
workers to dangerous carbon
tetrachloride fumes.
Preventive Maintenance
Mr.. Gutterman is president
of an Arlington CVa0 company,
General Kinetics, Inc. that has
found both a market and prof
its in the specialized world of
laundering film and magnetic
tape. 1t claims to be virtual
ly the only concern in the
country. aside from computer
manufacturers, doing preven-
tive maintenance on magnetic
tape.
Dirty or damaged tape is no
minor matter to the men who
operate computers. Whether
Evening star., 1962-09-06

States District Court here.
Total deletions from the
latest list, compiled as of July
]. included IL common stocks
md four preferred stocks.
Common stocks of American
Bakeries Co., Bond Stores, Cop
perweld Steel, Ingersoll Rand,
International Shoe, Lehig h
Portland Cement, Minnesota &
Ontario Paper, Outboard Ma
Eine and Pullman were delisted
because their dividend pay
nents for 1861 exceeded earn
ngs. This runs counter to the
courts investment rule.
CelOtex Issues Dropped
Both preferred and common
stocks Of Celotex Corp, were
iropped since company earn
ngs failed to cover fixed charges
~ the required 2l2 times. and
he dividend recently was passed
Sp the common stock.
Preferred stocks of Allis Chal-
nlers, United Aircraft and
Wheeling Steel became dis
qualified when their corporate
earnings failed to meet the
a1a times fixed charges re-
yuirement.
Commercial Credit common
stock was dropped because the
company now has an outstand-
ing issue of preferred stock
which is not listed on the ex-
Shange. Cannon Mills common
was removed because it is no
longer listed on the New York
Stock Exchange and is traded
cn the over-the-counter market.
In the public utility bond list,
California Oregon Power Co.
issues were dropped as total
debts of the corporation at the
Ind of 1861 exceeded so per
cent of total capitalization.
T Casualties Are Small
In reviewing changes caused
by lower earnings and a down.
turn in the economy, Mr.. Cogs-
well said the casualties on the
legal list were not great con-
Ridering the large number of
securities included in the list.
Five common stocks were
added to the list: Amsted In
Carter Products,
Champion Spark Plug Co.,
Chesebrough Ponds, Inc, and
Ralston Purina Co.
-Four industrial preferred
issues also were added, includ-
ing the cumulative preferred
stocks Of Cities Service Co.,
Hooker Chemical Co., Inter-
national Telephone & Tele-
graph and Schering Corp.
The new issue of $3.50 series
cumulative preferred stock of
Washington Gas Light Co. as
well as the $4.12 preferred issue
of Consolidated Edison also
are on the new list, as well as
the common stock of New Eng
land Telephone g. Telegraph.
A large number Of public utility
bonds and city, town and other
municipal obligations were
added to the list.
Evening star., 1962-09-06
Hawthorne Promoted

NEW YORK, Sept. 6 (AP).-
Donald j. Hawthorne has been
elevated from president to
chairman and chief executive
officer of the General Time
Corp. The Craftsmanship had
been vacant since Ralph H.
Matthiessen resigned in 1860.
Evening star., 1962-09-06
July Exports Drop
BY the Associated Press

Civilian exports of merchan-
disc dropped about 8 per cent
in July, the Census Bureau re-
ported today. July shipments
were valued at $1,718,100,0 900,
after allowing for normal sea-
sonal fluctuations.
Evening star., 1962-09-06
Jacobson to Address
Advertising Club

Per Jacobson, board chair
man and managing director of
the International Monetary
Fund. will be guest speaker at
a luncheon Of the Washington
Advertising Club at the Presi-
Dental Arms next Tuesday.
The program has been
planned as a tribute to finan-
cial institutions of the Wash
ington Metropolitan Area, club
officials said.
Evening star., 1962-09-06
Electricity production

Eiectrlelty pr00uctlOn ! a
week totaled II, ,08S. .000, 900 kilo-
watt-hours VS.. 1890, ,000, 900 the
week before and 16.214.00o, 900
in the like 1861 week.-Edison
Electric Institute.
Business Loans by Reserve
member banks in leading cities
increased by SIC million during
the week ended August 90 to a
total Of $33.434. .0O0, 900, up ST.
958, ,000. 900 from the year-earIier
total.-Federal Reserve Board.
Bank Clearings in 26 leading
cities in the holiday week ended
Wednesday totaled $24,ll1,816,-
900, off 1875 per cent from ST.
59l, ,177,000 the previous week,
but or per cent higher than
$23, ,951 1,572.000 in the compar-
able 1861 week.-Dun & Brad
street.
Bushes Failures in the first
8 months of 1862 totaled more
than 11,215, averaging 800 a
week VS.. 343 in the same period
Of 1861 and 296 weekly in the
1860 period.-Dun & Bradstreet.
Travel to Mexico is expected
to rise 19 per cent this fall over
the 1861 figures, with Far East
tourism up 1S per cent, South
Pacific is per cent and Carib-
bean 8.3 per cent. European
travel forecasts were down. per
cent.-American Society of
Travel Agents.
General Foods will build a
plant at Dover, Del, to employ
1900, replacing plants in Mas
sachusetts, New York and New
Jersey in production of several
food lines. Construction starts
next month,
Evening star., 1962-09-06
DC. Legal List Loses
Stocks of ID Big Firms
As Earnings Decline
By DONALD b. HADLEY
Star Financial Editor

Stocks of 13 large companies have been the
official list Of securities eligible for investment of trust funds
the District of Columbia result of lower earnings
This today Theodore Cogswe register
Of wills who complies and maintains the list for United
Evening star., 1962-09-06
OVER COUNTER

Following prices furnished by the Ma
tional Association Of Securities Dealers in
Washington represent the range within
which locally active securities could have
been bought or sold at pm. Thurs
day, Seutember &.
Evening star., 1962-09-06
Goddard Heads
Division of Reston

Livingston Goddard of Lake
Bancroft, attorney and business
executive, has been named
Evening star., 1962-09-06
METALS

NEW YORK. Sept. g (AP).- Spot
non-ferrous metal prices today: Cop
per 81 cents 3 pound. Connecticut VAL
York. Zinc liz cents a pound. East
st. Louis. Tin 1.0S2 q pound. New
York. Foreign silver 1.13 per troy
ounce, New York. Pittsburgh scrap
steel No. ! heavy was quoted by Iron
Are At o. 0n-oR 90
Evening star., 1962-09-06
Earnings

Aldens in 6 months ended
July q earned $1,645.4 or 79
cents a share VS.. $1,149,564 or
81 cents in 1861 period.
Evening star., 1962-09-06
TREASURY BONDS

NEW YORK CAP)-NOon over the coun-
bid, asked, net change and yield for
Evening star., 1962-09-06

Partially tax exempt.
Evening star., 1962-09-06
MUTUAL FUNDS

NEW YORK (AP) Bid Ash
National Associa- Inv Resch l0.A ia
tion Securities Deal Istel Ed 3l.S6 q. u
ers, Inc. Johntsn l22l 1921
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02
The Greet Debate
lowman Got More Than He Bargained For Monday

Apparently the Methodist minister,
the Rev. Gerald Trigg of ~Pascagoula,
gave Myers G.. Lowman of the Circuit
Riders a little more than the latter
bargained for in the debate between
them Monday evening in Jackson.
Personally We felt that for anyone
to appear on the platform with a man
like Lowman was more notice than he
deserved-and we would have PREFER
ed that he be completely ignored. But
we do understand the attitude of the
young minister, a dedicated man of
God, getting fed up with Lowman's oft
repeated accusations of communism in
the clergy, particularly in the Metho-
dist clergy.
Now it appears Mr.. Lowman has a
very low opinion of Mississippi schools
and colleges and Mississippi people-and
why not? Weren't We suckers enough
to finance two previous trips of his to
the Magnolia State where he lambasted
and smeared the names of good Missis-
sippians? He has every right to regard
us as stupid. ct will be recalled that
Lowman appeared on two separate
tours in the state under the auspices of
the Mississippi Sovereignty Commission
with his expenses paid for by the Com
mission, which means, dear reader. that
his expenses were paid by YOU.)
Mr.. Lowman said, and the reader
may take it for what he thinks it is
worth, "there is abysmal ignorance in
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02

Mississippi about the biggest subject
next to the soul of man-communism."
Lowman said "there is no minister
or educator in the state of Mississippi
who is qualified to sit down with
experts and discuss the matter of Com
munist exploitation.
mississippi is the most exploited
state in the United States on Com
munist exploitation and subversion," he
shouted.
Lowman also condemned the minis
ters, saying: "You gentlemen of the
cloth should be the bulwark against
communism. Instead, you are smearing
every effective anti Communist who
seeks to operate"
Mr.. Lowman indicts himself with
his own irresponsible rawlings.
The educators of Mississippi know
a great deal more about Communism
than Mr.. Lowman ever dreamed-and
the Christianity preached by our min
listers is the only truly effective killer
of communism.
The only thing wrong with our
Christianity is that we don't practice
it enough.
This does not alter the fact that
Mississippi ministers are doing more
to fight communism than any pro-
fessional anti Communist, including
$3.50 &@N = -
and we might say, especially Mr..
Lowman.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02

There comes a time when God calls
and man must go.
And although there is a sense Of
loss and personal loneliness when God
calls n of our close friends home we
cannot go against His will which we
know to be always Of high and noble
purpose.
So it is that we mourn the loss of
Les Taylor as a personal friend of
many years. Mississippi mourns him as
a good and useful citizen, sincerely
dedicated to the growth and develop
ment of u state and it's people. He
could always be counted upon to give
of himself and his means to help make
a better community and state, a better
nation and world.
Les spoke the language that could
be understood by the people. He had
worked long and tirelessly and his eff
forts and capabilities were rewarded
with a high and honorable position of
responsibility in his business firm
which he served ably and faithfully.
He made friends for the Mississippi
Power And Light Company-and he
made friends for the Magnolia State
everywhere he went.
He was an ambassador of good will
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02
GAzomcA
Les IayIor-A Dedicated Mississippian

for our state and its people. He boosted
Mississippi because he loved it and
truly believed in it.
His activities in the public welfare
were varied and many and in leveryth-
ing he gave of himself, his time and
energy, talent and heart, as well as his
money. Whether it was an appearance
before a major industry's board of
directors telling them why they should
locate a plant in the state, or a All
group of state boys, and girls interested
lin the future, he could always be count
ed upon to say the right word and say
it sincerely.
He will be missed as only the truly
dedicated are missed.
To his loving wife, Velma, to Pete
and other members of his family. we
extend our sympathy.
We wept-t'was Nature wept-but
faith
Can pierce beyond the gloom of
death.
And in yon world SO fair and bright
Behold thee in refulgent light!
We miss thee here, yet Faith would
rather
Know thou art with thy heavenly
Father. At
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02
f. E.. Mcbride
Passes Saturday

Ebert c. Mcbride of Pick
ems died Saturday, July 18th,
after a lengthy illness. He
was 81.
Mr.. Mcbride was born in
Attala county but had lived
several years in Holmes. Be
fore his health failed he was a
school bus driver.
Funeral services were held
from the Worthey Funeral
Home Chapel in Pickens, with
interment in the Boyd's Cross
ing Cemetery in Attala coun-
ty.
Survivors are his widow,
Mrs. Clara Mcbride of Jack
son, a brother, Hubert Nc
Bride of Enterprise, a nephew,
Louie Mcbride of State College
and a number of relatives and
friends in Attala and Holmes
counties.
Pallbearers were Sidney Boil
ing, Les Arnold, Booser ALI
good of Pickens; Lewis Bur-
rell and M. Matthias, Enter
prise and Cecil Allen, Sails.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02
Goodman Couple To
Celebrate Golden
Anniversary Auq. 5

The children of the Rever-
end and Mrs. Ira Francis Nets
have planned a reception hon.
oring their parents on their
Golden Wedding Anniversary
for Sunay, August 5th at their
home in Goodman.
The Rev. Nets has served
Baptist Churches for thirty
two years in Mississippi.
Prior to this time he was a
student pastor while attending
college. His first regular
church was at the Goodman
Baptist church 1927-1935. He
was called to the Northside
Baptist Church in Jackson in
1895, and resigned in 1912 to
accept a call to the First Bap-
fist Church at Alderman. He
served there for many years
before accepting a second call
to serve a Jackson charge at
Midway Baptist church in Oc-
tober, 1949. He received a call
to serve the Levi Baptist
Church in Memphis early in
1851 and remained as pastor
until his retirement on Au-
gust 81, 1859.
The Rev. and Mrs. Nets
purchased the Vaughn home
in Goodman early in 1859 and
upon his retirement returned
to Goodman to make their
permanent home.
The children include Mrs.
Ida Mae Higgins, Jackson;
Mrs. Rozali Shelton, Goodman;
James Francis Nets, Jackson,
Tennessee; and Leonard p.
Nets, Jackson, Miss. Grand
children include Sheryl Ann
Higgins, and Candace Hen
Shelton.
No invitations are hing
mailed local people, but
friends of the family are ex-
tended a cordial invitation4to
attend Open House from 300
until 600 p. m. on Sunday,
August 5.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02
DURANT DEFEATS
LEXINGTON WEDNESDAY

AGA&NG Yin
Lexington dropped a hard
game to Durant on Wednes-
day afternoon after driving
one pitcher to the showers
and making three runs in
one inning with a hit, triple
and home run. The game end
ed z to 4 in favor of the WISH
tors, but the game will be
protested by Lexington fol-
lowing decision in the eighth
inning when Durant was al
lowed to score on a dead
bali, the manager stated.
Carroll, lefthander for Du-
rant, was driven from the
mound in the third inning,
was replaced by Brown, who
pitched a good game for the
remaining time.
Pettus for Lexington
pitched alright ball in the
PITCHES, working out of sew
eral bad holes, adding two
runs to the game when he
poled out a home run with
one on.
Features of the game were
Ginn's triple, Pettus' home
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02
District Rotory-
Continued from Page One)

is one of 271 district governors
responsible for supervising the
activities of more than 1920
Rotary clubs with a total
membership of $4,000 Rotar-
ians in 1913 countries around
the globe.
"He is coming here as a
counselor and advisor, says
Walter Sullivan, PRESENT of
the local club. He has broad
experience in Rotary and is
qualified to assist club officers
in solving whatever problems
they may have and in organi-
zing an effective program for
achieving Rotary goals in COM
munity beterment raising the
standards of business and pro-
LESSONS and in furthering in
ternational understanding
One responsibility of a Ro-
tary District Governor is to
supervise the organization of
new clubs in his area. Last
year more than 800 new Ro-
countries, with clubs being or
countries, win clubs being or
ganized for the first time in
the Bahamas. Haiti. New Gale
donia and Zanzibar.
AS a Rotary Governor, Mr..
Ogletree is serving on a glo-
bal team headed by Nitish C.
Laharry, of Calcutta, India,
president of Rotary Interna-
tional.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02
Dr.. ~. D. Mccain
Continued from Page One)

continued from Page One)
roll seveny-six percent of all
college students in the state.
The remaining tweny-four
percent of state students at
tend church-related schools
and colleges.
The educators paramount
appeal is for more public sup
port of all institutions of high
er learning, both state-aid and
church-related.
The tremendous growth in
college enrolment is shown
in the fact that 10 900 students
were in college in 1851. Bv
1860 the number increased to
$4,000, almost doubling. By
1869 or 1870 the estimate is
for $4,000 students in institu-
tons of higher learning.
DR.. Mccain pointed out the
vast changes that have taken
place in the world today and
OF the absolute necessity for
schools to keep abreast of such
changes. He illustrated BY
showing how the meaning Of
words has CHANGED, outmoding
dictionaries and books of
science, etc.
The question of entrance ex-
aminations being required in
colleges was discussed by DR..
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02

Mccain who expressed him
self against them. He sale
many studentssgoing to college
today could not have, gone II
they had been required to pass
entrance examinations and ev-
en- fewer would be able to
complete requirements for
graduation. He said he him.
self might not be able to get
through
- don't want to be nasty"
he continued, "but most of
you wouldn't either"
He recalled the historical
background Of Mississippi
whose settlers came mostly
from Britain and north Europ-
can countries where education
was usually reserved for the
privileged classes.
That attitude has held over
somewhat even today, he said,
End needs to be changed. DR..
Mccain believes in providing
a first class education for
everyone.
He pointed out that Europe
even today only provides free
elementary education with
college reserved for the ex-
certional students.
Mississippi today continues
to be 50th in the nation in pro-
vi1ling salaries for its teachers,
he said.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02

At least $1,000 more yearly
is needed to be able to COM
pete with our neighboring
states in the matter of sala-
ries.
I'VE are left today with the
very young, the very old who
are dedicated and the incom-
petents,,' he said.
Stressing the vital role of
education to our society, he
said little minis and little
men go together"
DR.. Mccain emphasized that
many of our old ideas are 60
ing to have to go, that the
challenge of today and tomor-
row can be met by new ideas
and new methods. He said the
alternative to keeping up is
failure or increasing Deepen
dence on the federal govern
mcnt.
Perfect Attendance
Four Rotarians in the Club
were recognized by Louie
Beall Nichols for a years per-
feet attendance record. They
were w. H. Fincher, Allan
Ramsey, Walter Sullivan and
William Moses.
Guests were DR.. Charles Nc
Cain of LAGRANGE, Ca, a
guest Of Edwin White and
Murray Phillip Benenson, a
guest of Herbert Hyman.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-08-02
Jim A. DeIoach
Funeral Services

James Alexander DeLoach
of McAdams died Sunday,
July 10Th at the Monitor
Jones Hospital in Kosciusko,
following a lengthy illness. He
was 70.
Mr.. DeLoach was born
March 9th, 1889 near Licking
ton, the son of the late Mr..
John Milton DeLoach and Mrs.
Mary Catherine Garnett De-
Loach. A sister, the late Mrs.
Emma Lou DeLoach Sharp re-
sided in Lexington all her
married life to the late Mr..
Walter H. (Birdie) Sharp.
Survivors include his widow.
Mrs. Eva Perkins DeLoach of
McAdams; two daughters, Miss
Mary T. DeLoach of Nc
Adams and Mrs. E. K. Seeker.
Memphis; a brother, B. B. De-
Loach, Moorhead, one grand
son and a host of near rela-
tives in Durant and Licking
ton.
He was a retired farmer and
saw filler, and a member of
McAdams Baptist Church.
where funeral services were
held on Monday at 3 p. M.
with Rev. Joe Blackwell,
church pastor officiating.
Interment was in Coleman
Cemetery at McAdams, with
Southern Funeral Home in
charge.