davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-10-05
Bank Loans
Remain 0.5%
Above 1861

Gross loans of major Wash
ington banks declined mod
erately in the week ended Sep
tember 26 but remained 8.5
per cent above a year ago, data
from the Federal Rerserve
Bank of Richmond showed
today.
Gross loans of Riggs Ma
tional, American Security d
Trust and National Bank OF
washington aggregated $685.
427, 900 on September 26, COM
pared with 1852, 2,181.000 a week
earlier and $3.50, $4,000 on
September q last year.
Commercial and industrial
loans eased to $140, 1923, 900
from $141 ,O41, 900 a week earlier,
but were above $140,15l,O0O a
year earlier.
Real estate loans expanded
to $190,648,000 from $189.723,-
600 a week earlier and were
far ahead of $169, 100000 on
the like 1861 date.
Accounting for most Of the
decline in the latest week,
loans to other domestic COM
mercial banks dipped to $40
million from $21 million a week
earlier but were above the $3.5
million a year ago.
Loans to other financial in
stitutions edged forward to
$1O5, ,999, 900 from $1O4,5S0, 900
a week earlier and were well
above $92, 10000 on the like
date last year.
Loans for purchasing and
carrying of securities amounted
to $12,460,000 on September
26, compared with $16,196, ,OOC
a week earlier and $11 SOB ,00C
q year earlier.
| Investments stood at $473,'
864, 600, compared with $473,'
$4,000 a week earlier ano
$435, ,956,0O0 a year ago.
Deposits aggregated $1,238,-
428, 900 VS.. 81 ,279. 1897, 900 a week
earlier and 81, ,14l, ,603,00 on the
corresponding 1861 date.
Evening star., 1962-10-05
EIectronic Concern
OPENS New Plant

Electronic Wholesalers, Inc,
of Washington, has opened a
new plant in Atlanta. Ca,
President Joseph Forti an
nounced.
The new operation will be
conducted under the name OF
Electronic Wire and Connector
Corp. The plant is geared for
high-speed production of spe-
cially constructed wire config-
urations, Mr.. Forti said.
Evening star., 1962-10-05
Furis Finance Plans
To Open Third Office

Faris Finance Co. of Wheat
on, Md, will open its thir d
area office in the Seabrook
Shopping Center at 9442 Lam
ham-Severn road near Bowie,
Md.
The new office will be opened
by November /. Other offices
are in Wheaton and Gathers
burg. Faris A. Mirage is presi-
dant
Evening star., 1962-10-05
Rockville to Welcome
Two RCD Companies

The Rockville Chamber OF
Commerce will welcome two
firms, who are adding new
facilities in that city, Micro
wave Devices Inc, and Emer-
tron Inc, at a special lunch
con at Manor Country Club on
Tuesday, october 8.
K. F. Kellerman, president OF
Microwave Devices, and DR..
Harold Goldberg, executive vice
president of Emertron, will des-
cribe activities of their organ
izations.
Both companies have located
research and development units
in the National Capitol Re-
search Park on Route 10 at the
northwest edge of Rockville.
They raise Rockville's total OF
such firms to %.
Evening star., 1962-10-05
Area Colleges Get
Equitable Life Gifts

American University, Cath
olic University, George Wash
ington University and George
town University have beer
awarded grants Of $1,000 each
from the Equitable Life ASSur-
ance Society of the United
States as part of the company's
$1T5,000 aid to education pro-
gram.
A special grant of $4,000,
based on outstanding contri-
buttons to education, W mt to
Johns Hopkins University.
Evening star., 1962-10-05
McEntee Moves
To Downtown Site

The John C. McEntee Agency
of Massachusetts, Indemnity
and Life Insurance Co. n a S
moved from the Perpetual
Building in Silver Spring to the
Wire Building at 1000 Vermont
avenue, NV.
The move was announced by
John C. McEntee, general
agent.
Evening star., 1962-10-05
She'll Oil Marks
5Oth Anniversary

The fiftieth anniversary of
the founding of Shell Oil Co.
and its 33d year of operations
in Washington were celebrated
by company officials last week.
The company started as the
American Gasoline Co. in Seat
tie, Wash, in 1912. 1t now
ranks among the top six oil
companies in the United States.
Evening star., 1962-10-05
Baltimore Gas Plans
S6 Million BUILDING

6 Baltimore Gas & Electric Co.
plans to construct a 15-story
building in Baltimore's Charles
Center renewal project.
The building will cost an es-
timated So million and will be
adjacent to the company's
main office.
Evening star., 1962-10-05
World Powers Urged
To Spur SCI Aid to
Latin America, Africo
By DONALD B. HADLEY
star Einancfai Editor

The International Union of Building Societies and Savings
Associations today urged the United States Britain ana one
world powers step up create private thrift ana home
ownership programs in Latin America and Africa
In resolution adopted at the close OF the unions nt
of th Mavflower Hotel the gobal thrift organization
Evening star., 1962-10-05
cLU Chapter to Hold
RECOGNITION Dinner

District Chapter of the Amer
lean Society of Chartered Life
Underwriters will hold its an
npal recognition dinner at the
Evening star., 1962-10-05
OVER COUNTER

Following prices furnished by the Ma
tiOnal Association of Securities Dealers in
which locally active securities could have
been bought or sold at l pm. Friday,
Evening star., 1962-10-05
TREASURY BONDS
~ aoIbxI

MP aolbxl gb
NEW YORK CAP) Noon over the coun-
ter U. S. Government Treasury bonds,
bid asked, net change and yield for Fri
Evening star., 1962-10-05

Statler Hilton Hotel on
Wednesday, october II.
New CLU designees and win
ners of management diplomas
will be honored at the dinner
and Davis W. Gregg, president
of the American College of
Life Underwriters, will be guest
speaker.
Evening star., 1962-10-05
BUSINESS
BRIEFS
building Permits in 200 lead

Bullutug Ecrmlts III 1UO lcdu-
ing cities in August had a
total value of 1929, 1888,
down 13.4To from $816.622, ,465
in July, ending a s. month
climb.-Dun g. Bradstreet.
Rail Freight Loadings last
week totaled 596,862 cars. up
4,708 during the week but 40,-
432 cars fewer than in the like
1861 week, with the Chicago
g. North Western strike affect
ing this years figures.-Assn.
of American Railroads.
Intercity Truck Tonnage in
"a metropolitan areas last week
increased 1.9qo during the week
and 1877 over the total in the
like 1861 American
Trucking Assns.
Export Controls were ex-
panded as the Commerce Dept.
added So new classes of COM
modities to the positive list, "
on which individual export
licenses must be obtained.
Earnings
Bankers Trust Co. in first 9
months earned $22,819,709 or
$2.54 a share VS.. $22,496,835 or
$2.51 in 1861 period.
Chase Manhattan Bank in
first 8 quarters earned $53,-
172,147 or 1881 a share VS..
$51, 700 1856 or $3.70 in 1861 Pc
riod. Deposits on September 80
totaled $8,114,014, ,602 VS.. $S,577,-
275, 1862 on June 80 and $7,848,-
$685. ,344 on September 80, 1861.
Hazel Bishop in quarter
ended July 81 earned $279,087
or Is cents a share and in 9
months $531, ,621 or 80 cents.
Cincinnati, New Orleans g.
Tex. Pac. Rwy. in 8 months
ended August 81 earned $2,096.-
SIG VS.. a loss of $369,548 in
1851 period.
Interstate Vending in year
ended June IS earned $2,063,-
900 or 81 cents a share VS..
1,485. 900 or rs cents N pre-
ceding year.
E. J. KOrvette in year ended
July 20 earned $5.229,09l or
$1.25 a share VS.. $4,030,17S or
$1.02 in preceding year.
Marine Midland in quarter
ended September 80 earned
SIS, 1868, ,482 or Al cents a share
VS.. $5,333,175 or 48 cents in
1851 period.
New York Telephone in 8
months ended August 81 earned
$99,517,381 VS.. $94,533,315 in
1861 period.
United Illuminating in IL
months ended August 81 earned
or $1.97 a share VS..
$5,5l6,092 or $1.68 in preced-
ing period.
Evening star., 1962-10-05
Z AMERICAN STOCK EXCHANGE
saIes Hish Low 400 Chg
Salea Hiah Low 400 Chg

Associated Press LIST INCLUDES MOST ACTIN. @ ISSUES
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-06
SHEINWOLD
ON BRIDGE
Protect Yourself
Against Singleton
By ALFRED SHEINWOLD

! Back in the days Of whist
you could rely on a well-bred
opponent to lead his long suit
against you. Anybody who led
a singleton simply hadn't gone
to the right schools and prob
ably spread his caviar with the
wrong kind Of knife. Nowadays,
at contract bridge, even the
incest people lead singletons
and you have to know how to
protect yourself against such
sneaky business.
South dealer.
North-South vulnerable.
NORTH
AK1096
2K95
10842
&A6
WEST EAST
A852 A73
7Q1063 VJ842
OF oAOJe
%Q1os73 %J52
SOUTH
AAQJ4
VAT
K653
%Ko4
South West North East
MT Pass % Pass
I2A Pass A. All pass
Opening lead: Seven of dia-
mondS.
West opened the seven of
diamonds, the cad. East won
with the ace of diamonds and
returned the queen of dia-
monds.
South bravely played the
king Of diamonds and West
ruffed. That was the end of the
hand for poor South. He strug-
gled on until the last card was
played, but he had to lose two
more diamond tricks.
More Courage
South showed more courage
than judgment when he played
the king of diamonds at the
second trick. His haste cost him
the game and rubber.
To begin with, there was no
mystery about the opening
lead. The seven of diamonds
was either a singleton or low
from J-9-7. In either case
South could lose nothing by
playing a low diamond at the
second trick.
See what happens If East is
allowed to win the second trick
with the queen of diamonds. If
East continues with a low dia-
mond, South plays low; West
ruffs, but South eventually wins
a trick with the king of dia-
monds. If East continues at the
third trick with the jack of
diamonds, South covers with
the king, West ruffS, but dunn
my eventually wins trick with
the 10 of diamonds.
Declarer makes the contract
If he manages to get one dia-
mond trick. He can surely win
a diamond If he plays low at
the second trick.
Daily Question
Partner opens with one no.
trump &c to Is points, and
the next player doubles. You
hold:
A852 20 1868 OF 1878
What do you say?
Answer: Bid two clubs. This
is a rescue, not the .Stayman
convention. Your bid shows a
long club suit in a weak I'M
balanced hand. If you were
looking for a game you would
redouble first. 80
Copyright 1862, Gen. Features Corp)
Evening star., 1962-09-05
Spending Of Consumers
Provides CheerfuINew

ment Stores, Marshall Field,
Reliable Stores, Bullock's, Stix,
Baer & Fuller, Kings Depart
ment Stores.
Showing increased earnings
for the first six months Of their
fiscal year, but dips in the
latest quarter. are Associated
Dry Goods and Federated De-
partment Stores. Also we'll
ahead for the six months is
Sears Roebuck.
Earlier tabulations had
shown retail and wholesale
trade as q whole running 8 per
cent ahead of the 1861 second
quarter. and II per cent bet
ter than the first three months
Of this year.
The high rate Of retail sales
has increased sales of q number
Of industries producing con-
sumner goods. Many have trans
slated this into higher profits.
Earnings after taxes in the
textile and apparel industries
averaged so per cent above the
first half Of 1861. although
most of the gain came in this
years first quarter.
Suppliers Of food products
showed a gain of II per cent
as a group for the first half
of the year. with the second
quarter IL per cent better than
the like period Of 1861. Bever-
ages posted modest gains, UP
/ per cent in the second quar-
ter and 3 per cent for the first
six months.1
Evening star., 1962-09-05
BY SAM DAWSON
Associated Press Financial Writer

NEW YORK, Sept. S. -
Thanks to the millions of
Americans who go on spending
and spending and spending,
some of the more cheerful
news these days is being made
by retailers and by many of
the producers of consumer
goods.
Retail stores and chains
report almost unanimously
that the three months ending
July 81 show profits increased
over a year ago and over the
first months of the year.
Soft good sales have held
up well most of the year. In
July sales of many big ticket
items !, and other durables
snapped back after a din in
June. The better pace appar-
emily held through August.
The spending money has
come from increased personal
income totals this year q n d
from a revival of instalment
buying after some earlier hes
itation. Also to be tapped as
consumers decide is q record
volume of savings in various
forms. Stock market breaks
in May and June dampened
sales Of some luxury items and
may have caused the June dip
in total retail sales.
Recently the following re-
tailers have announced profit
gains over the May-June-July
perfad of 1861: May Depart
Evening star., 1962-09-05
CHICAGO
LIVESTOCK

CHICAGO. Sept. 5 CAP) .-(USDA).
HOGS 4,500: active. butchers 25 TO 80
higher: soys fully 25 higher; fair
SHIPPING demand. I s11-2 .20oI225 ID;
1880; 230-25O ID. weights mostly
Is l9.00-1e.25: couple loads 2-3 2Sg-290
lbs. 1S.25-1s.50: mixed 1-3 300-350
ID. sows 17.25-1S.OO: 350-400 lbs.
ls5S l45obs6 lbs. 4Gs-sSIl 4Gsa5elsOo % iSaR SosPs
13.O0-14.50.
Cattle $500; calves none; slsuShter
steers and heifers opened fairly actlve,
steers steady 70 so higher: heifers
Evening star., 1962-09-05

Win bankruptcy or receiVership or
being reorganized under the Bankruptcy
Act, or securities assumed by such COM
panies. XII ex-interest ct Certificates.
81 Stamred : neat in flat, x Matured
bOnd aegotiabiIity impairedSsS maturity.
Evening star., 1962-09-05
CHICAGO GRAIN

CHICAGO. Sept. S (AP) -Moderate
but steady selling smothered q thin
demand in the grain futures market
today and prices turned generally weak
on the Board Of Trade.
All rye and most soybean deliveries
were off q cent or more while set
backs in wheat and corn ran to major
fractions.
Brokers ascribed some Of the weak
ness in wheat to rather liberal tenders
on September contracts in the pit and
the pressure in soybeans to failure Of
frost TO materialize in some Of the
areas for which II had been forecast.
The frost warning attracted consider
able short covering in yesterdays late
trade and contributed to the broad
advances at that time.
Wheat was ss-ss cent . bushel
lower shortly before noon. September
2.07ss: corn lz-7s lower. September
1.071s: oats unchanged to y lower,
September 65Ts cents; rye l-19s lower.
September 120h: soybeans ALA
lower. September 2.35ss.
Evening star., 1962-09-05
NEW YORK STOCK EXCHANGE QUOTATIONS.

Furnished b. the Associated Press
Stocks Sales
and looa Net
)ividends (est.) High Low z:1o chg
Evening star., 1962-09-05
DIVIDENDS
By the Associated Press

steady to IS higher: bulls active, steady
to strong; Vealers steady; several loads
prime I.200-1 1925 10. SLAUGHTER steers
$3.50: most mixed choice ana prime
1.150-1,350 lbs. 31.50-32.75; bulk
choice I,1O0-l.35O lbs. 29.OO-SI so:
comparable Grade 900-I,lOO lbs, $3.50
few standard 23.OO-25.5O; two loads
mixed choice and prime 935-97O ID.
hetfers 1925: few loads high choice
and mixed and prime 2S.75-29 90; bulk
26.50: utility and connereisl cows
IL. .00-17 90; Gamers and cutters 1900
1925: utility and commercial bulls
1S.Q0-20.5O; few standard and good
choice $50 ib. feedina steers aS'So; tvo %
loads good $50 lbs. 25.75: mixed me-
dium and good 6S5 ID. feeders 25.O0.
Evening star., 1962-09-05
Stocks Mixed,
Autos Higher;
Trading Steady

NEW YORK, Sept. S (AP) -
The stock market was mixed
early this afternoon after a
seesaw morning session. Activ-
ity was moderate.
Prices opened lower, contin-
uing yesterdays selloff. But as
the Dow Jones average dropped
70 within a hair of the 500
level buying came into the
market. A few key issues were
up as much as a point before
the advance trailed off.
The motor section was one of
the few TO retain a generally
higher pattern. Chrysler, Ford.
American and Studebaker were
up fractions while GIN was un-
changed. The five companies
built a million more cars in
August than q year ago and
sharply higher production has
been scheduled for this month.
Steels, chemicals and air.
lines fell fractions. Aircraft.
utility. metal, rail and oil Sec
tions were mixed.
Other business news was
mostly favorable. Total busi-
ness sales in July were up 2
per cent over June, paperboard
box demand was up sharply in
August, unemployment was ex-
pected to show drop for Au-
gust and steel production last
week was at a four-month
high.
On the ther hand, the situ-
alton in Cuba, Algeria, Berlin
and concern over the latest
U-2 incident spread nervous
ness.
American Stock Exchange
prices were generally higher in
quiet trading.
Corporate and Government
bonds declined.
Evening star., 1962-09-05
NEW YORK
BONDS
Sales Hish Low 400 Chg

Furnished by the Associated Press
List Includes Most Active Issues
Evening star., 1962-09-05

sym %.y 50 u i iss iA.- (
Evening star., 1962-09-05
COTTON

NEW YORK, Sept. 5 (AP) Cotton
futures were irregular today.
Distant months, which recently were
unner pressure OF commission house
Some light hedging in March and
MAY futures was absorbed through
trade buying and short covering
Late afternoon prices were cents q
bale lower to 20 cents higher than the
PREVIOUS close. October, 33.62; Decem-
bek 1913 bid and March, 81 .0S.
Evening star., 1962-09-05
ODD-LOT TRADING

NEW YORK. Sept. s CAP).-The
New York Stock Exchange reported
today these odd lot transactions By
principal dealers for September 4:
275,9o4 shares including 6.25I shares
sold short.
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06
BIG LOCAL JOB

The State Department of High
ways announces that Arctic Con-
tractors, Inc, of Fairbanks, entered
the low bid of Sl,312 ,421.00 and has
been awarded a contract for grad
ing. drainage and bituminous sur
face treatment on the Farmers Loop
Road.
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06
Boat Racers Set
For Yukon ZOO
Marathon Event

Competition looks keen as the
day for the Yukon 700 Marathon
Race approaches. This weekend 10
boats will vie for top time in the
annual classic.
The boats will leave Circle City
at about 8 pm. on Saturday, and
are expected at the finish line, in
front of the Chamber of Commerce
Lob Cabin. about noon on Sunday,
provided river conditions are right
The race had originally been
scheduled for Memorial Day. but
was moved back due to uncertain
river conditions and poor road con-
ditions between Fairbanks and Cir
Gle City.
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06
CONSTRUCTION AROUND ALASKA

clude a hypochlorite feeding ma
chine, pumps, fire protection Chose
stations), and all related electrical
and mechanical work.
APPROACH LIGHT SYSTEM
Plans to construct an approach
light system and remote control air
ground facility tower at Annette
Island have been announced by the
Federal Aviation Agency. Bids on
the project will be received at FAA's
procurement section in Anchorage
until June Is.
The project will include construc-
ton of a 60-foot self-supporting
tower with platform and antenna
brackets, ITS kva regulator sub-sta-
ton. construction of the approach
light structures with lights and ca
bles, building of roads. and install
lation of transformers and other re-
lated work. The project is expected
to get underway this summer.
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06
Excessive SnOlU
Nay Cut Crops

AS of the end Of May, subsoil
was quite wet in the Tanana Valley,
particularly in the flat lands. South
ern slopes dried out sufficiently to
permit preparation of ground for
seeding, according to Alaska Co.
operative crop and weather report
In some areas in the valley, crops
are late as much as two weeks.
Growth of forage crops is slow. In
some areas, the recent excessive
snow melt on meadows will prob
ably reduce yields
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06
BMEWS Contract
Awarded To RCA

The Air Force last week exc
cuted $15,205, 900 contract with
the Radio Corporation of America
Service Company of Riverton, NJ,
for the operation and maintenance
of the Ballistic Missile Early Warn
ing System, according to the Alas
ka Congressional Delegation. The
contract covers the period Jan. /
1962-July l, 1862.
The contract covers the BMEWS
sites at Thule, Greenland; Clear,
Alaska, and Rivetton, NJ. Apl
proximately SIS million of the con-
tract is earmarked for the Clear
site, according to Senator E. L
bob" Bartlett.
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06
Mrs. Anna Schiek
Dies At Pioneer
Home At Sitka

Fairbanks has lost one of its
most beloved citizens in the pass
ing of Mrs. Anna Schiek at the
Pioneers Home at Sitka on the af-
ternoon of June l.
Mrs. Schiek first became i'll in
January of 1861 when she suffered
a stroke. She had been hospitalized
since that time.
In September of last year Mrs.
Schiek elected to go to the Pho
neers' Home where she has many
friends, and had planned to return
here if she recovered sufficiently to
make the trip back.
Born in Konigsberg, East Prus-
STA, August 10. 1887. Mrs. Schiek
came to the United States in 1913
When World War II broke out she
was unable to return to Germany
and started out in this country in
the catering business. She followed
this line of work until she became
i'll last year.
Mrs. Schiek came to Alaska in
1920 and lived in Nenana for a
short time before coming to Fair.
banks. She is an honorary member
Of the Pioneer Women of Alaska.
Surviving Mrs. Schiek is a sister
Mrs. Ernst Hotes, who lives in Yves
Berlin.
The body will be shipped to Sc
attic for cremation and the ashe
returned to Fairbanks at a late
date when memorial services wi
be held.
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06

property owners had filed protests
against Fairbanks Paving Project
No. l.
Jackson went on to explain that
now the City would have to review
and revise the project so it met
with the approval of the property
owners before the project could get
underway.
Charles Cole, local attorney,
stated that he felt most of the OBJ
iections were directed towards the
portion of the project the property
owners were expected to pay, and
the terms of payment. He said
most of them felt that two-thirds
of the cost was too great burden
to place on the property owners.
He also stated that they felt the
time of payment should be extend
ed to perhaps 20 years.
Want Paving, But =.
"They want the paving, but they
want to be sure they can pay for
it under the terms" he stated.
CouncilWoman Sylvia Ringstad
stated that she was with the proper
ty owners, and the the City was
attempting to place too great a
burden on them.
Jackson then said he had con-
tacted the Burgess Construction
Company to request a 80 day ex-
tension of the date for bid accept
ance This would extend the date
until July 8, giving the Council
time to revise the project, allow time
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06

DR.. TAFT Mason, of the famed Vir-
einia Mason Hospital in Seattle,
who visited Fairbanks recently ac-
companied by DIR. Cheatham, went
on to Valdez where he enjoyed
tour of the coast on the NJ. S. Gyp-
sy. He was much impressed with
the scenery.
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06

for the property owners to file
protest, then award the bid.
Councilman Darrell Brewington
then moved that a public hearing
be held on the project at the next
Council meeting The hearing was
placed on the agenda for the June
IL meeting at $50.
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06
AIR BASE JOBS
CROOK GRADUATES

Gilbert w. Crook of Fairbanks
was graduated Master of Education
(EDM) May q at the University of
Oklahoma commencement, one of
214 candidates so honored.
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06
Property Owners Say No
To Fairbanks Paving Plan

The paving of Cushman from 7th to 12 Lacey from 9Th to
5h to 18th has been stopped
dead by the affected property owners.
City Council informed Monday night by
Attorney Barry that go cent of the affected
Jessen's weekly. [volume] (Fairbanks, Alaska) 1942-1968, 1962-06-06
ANCHORAGE AIRPORT

Cheney Construction Company of
Seattle entered the low bid of
$4,000 for the addition of park
ing apron at the Anchorage Inter-
national Airport. The bid was more
than $4,000 less than the S230,054
project cost as estimated for. the
State by the architectural firm
which desoigned the lob.