davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-05-13

ACADEMY or THEATRTCAL ARTS
For adults and children. Ballet-tap-
modern Jazz By B. Carney.
Flamenco and eastenets by Maria
Del Pillar. Fencing BY Prof.-Bene-
dec. Private and class lessons. Call
Evening star., 1962-05-13

MARCH 2a, l062rp1sTRICT OF
CO 7 q MBIA REDEVELQPMENT
LAND AGENCY. S19 l0th Street
9; 1852: Nay lS, 1S92;zINvIEA-
ulolition and Removal Of Improve
menfs.-SEALED BIDS viii b re-
ceived In TRlPLICATE by the
District Of Columbia Redevelop-
ment Land Agency. 5th. floor. 019
18th Street NV. Woshington Q.
y. c.. until 200 O'Clock PM. on
May %, 1862. for the demolition
and removal OF all improvements
located On Squate 359: Lot 6S In
eqnare 465; Lots 81. S6l. rear Of
Lots 45. ~. S39 and 20. u
WEsF SsasFs r4sgAN Sos ~ nSnNWa SAshIn sqgTH5 pg5.
East uRBkN i RENEWAL levi PROF.
s6s piasss s'1 Within i'm t6s y Project 1s Areas Is
In accordance with the SPECIFIC
CATIONS AND GENERAL CONDI-
IIONS. CONTRACT FORM. BID
FORM and said pLATS OF the
above SQUARES. Bidders are .fe-
quired TO famillarize themselves
With Improvements on the above
mentioned Squares located within
the Project Areas and become ace
qnainted with the scuDe Of work
set forth IN the contract docu-
menfs prior to submittai Of q
Bid. No petition OF the work may
be subeDntfaeted without the ap-
provRl ~ the Agency Of the pro-
posed subeontraetor's unalifica-
tons 70 perform the work in Q
Attention Of prospective bidders
is directed 10 the special pruvi-
sions n section 3.21 Of the Con-
s tract Ecym Ecym = Nc ,c eonttset ,scss. dccu.
within two days Of the date set
for opening Of bids. Upon writ
ten request TO the Agency. atten-
sontraeR 9n Ms soss5ts xsTnado. ,i Se IS SET .S q
Piled without charge to interested
pz0deIs, PHIL A. DOYLE. Execu-
slye director. my0.1S
Evening star., 1962-05-13

HYPNOsIs-David Baehman. Nd.
surgeon CAlentovn, Pal, win give
an Illus. lecture. WE CAN LICK
CANCER OF THE CHEST" Mon.
Nay IA, p.m-s Sheraton-Park
Hotel Conn: , az 4 Woodley I'd
Evening star., 1962-05-13
Atlas Agency

1420 n. z. Ave. NV. RE. 7-5767
ADM. SECY. 5000
MvETIoAToR. 8 days -,sz.20o
ABB0TT EMPL., 1907 d NV.
Evening star., 1962-05-13
ADMINISTRATION
ADMINISTRATIVE
SALES
TECHNICAL

Apply nov en any q tho above
WASHINdTo ms LARGEST
EMPLOYMENT AGENCY,
NATIONAL EAGPL. SERV.
A Division Of NEsINC, RIM. 2O2
1912 = ST. NV. Ex. 3-7270
Am CONDITIONING .MRCHANTC,
and commercial Air conditioning.
221A 1zth ct. NV, Ap. 4.z200.
Evening star., 1962-05-13
PJTBIIC SALE

Attractive Green Ridge VALLEY farm
called Jonah Hose Farm, ap:
proximately Is miles northeast OF
Cumherland, MARYLAND, on lower
Town Greek Read. consisting Qt
Thre8 Hundred Seventy t37Ol
acres. mofs or less, end improved
I By q franne seven t7J room. y
story house, also frame. BARN
storage barn. granary, meat house
and tool shed, plus three (3l sum
mef cottages. Wonderful summer
camp area 90 Town Creek excel-
lent for outdoor club or game
sale u Be held saturday. May 10.
1859, ct 10 an. n front Of
the Allegany County Court HOUSE,
Washtngt0n Street. Cumberland.
SIanS AaeecErrEp IN WRITING
pHI0E TO SALE
! Iaber 123. Folio 204
TERMS. One-third DOWN
, Balance IA Thirty Days
John @. SULLIVAN. - Z
Attorney ae Law - i
AlgauQuin Hotel
an 24.21. 20 so my, e, %. 1916
Evening star., 1962-05-13
FAST and thrifty results are as neur as your telephone

~
Evening star., 1962-05-13

AA4k kSAe
956 y Monroe st.. Ari. IA. b-5535
101 y. Alfred ST. Alex. KI. 9-3770
AaCCTss 81: and JT..----to $1,000
SSNEas.. FsafNHEs FFssaanfNAsi $500 sSOo-sssssSS ssssS
TBM oPR:, ! ". exper.. know and
wire wire 4o7; S1s. on SS5 %
x4T xxogNq qRsINI;xssc ahM; sc1; =: cis2 tZp. s5S
SALES TRAINEES 2 yrs. coiiesUeS
oREENs EMPE.. 7se i9tS INV NV,
ACCT. u. TRAfNKEs, TO- 5000
Billing elk. add. maeh.--s76 vi.
Office Trsinee. career. $3.50
Secy.' dictaphone. young 8432
ALLEN-O'BRIEN
-, PERSONNEL SERVICES
1904 N. Y. Ave. NV, re. 7-72aO
Evening star., 1962-05-13

ACCOUNTANT eR.. good
public accounting exp.
Top salary for good
man Excel company SO.
AIR COND. MALNT.. ga
license. fee paid $3.50
TEArNEE 4
seIlsss eR:s sIss9 Rrsa. lssSS SssTs Is. 100000
TstsIi s - $500
cdeTEoi, Vii trsla $500
H.s. GRADS. with D. c. .o
H.g: gtoEss cRsDs. for general s.o.OO
clerical work - 246.O0
- szperisneed ---z-e1 SO.
20 co.. EIsh aa eaH ~ .nAne $500
his. grads. with
mech. ability; Major
career position start $500
sisd, TEsdf. nov nov gsily...-stsrs Ez.. sr 5000
More when trained
SALES MANAGEMENT
TRAINEEs. Apply only
II interested In career
In retail bus. Well
dressed, persolanle== 10O:g0
MANY OTHER POSITIONS. ~ We
P0hT PP00 yTNb HAYf II. y Isossf W. WE ipAfps. hs
Town. HOURS. $3.50 10 Z DAILY.
10 TO 1 ON SATURDAY. -
PEG GREENWAY AGENCY
DI. 7-16S7 RM. 71e DL T-e4o7'
Evening star., 1962-05-13

ATR-C CONDITIONING MEN = Ex-
pertenced on commercial and resi-
Dental units. Services and tnstalla-
tlon. Apply tn person. AUTO
MATTc APPLIANCE CO.. 601S 9Th
st. NV.
AIR CONDITIONING INeTALLERS
AND HELpERS-WipdoW units.
Experienced only. Apply In person.
AUTOMATIC APPLIANCE CO.,
6016 4th 81. NV.
AMBULANCE DRTVER-Must have
d. c. .ambulAnce. face. card and
clean traffic and police record.
Good physical cond. Personal In
teryiew on BIl4L02 at Q am, at
APPLIANCE REPAIRIIAN on major
appliances. Must have car. Only
experienced need apply. Jw. 2
APPLIANCE eERVICEh1AN, exper
IN elec. and gas appliances, near
by Virginia terTitory, excellent sal
ary and many company benefits.
This Is Q steady b2-Week Q year
lob. Apply or can Mon. MILLER
BUILDING SUPPLY Co, 6430 Co
lumbia pike, Baileys Crossroads
Va. HU. 1-oz00. Ask for Mr..
KILLER.
APPRET1CE ELECTRIClAN, S306,
EMpL., 066 N, Monroe st., Ari.,
IA. S.5536, 10l N. Alfred ST.,
Alex. XII. 0.37TO.
Evening star., 1962-05-13
PERSONAL
(cONTINUEDl

THE ORIGINAL AR
TIM q cONsUELO Dance Club
1-hour lesion, 81. Pay as you 60.
NO CONTRACT, 1747 Conn. ave-,
Evening star., 1962-05-13

Ashton, Nd.
TUTORING - Elem. h.s., coileee
subjects. Exper, tchrs. We come
70 you. .: G.. Nd. We. IA. 2-lSs9.
TYPENG THESES, term papers, etc.
Done ct home. CO. b-S5s6.
TYPING In my home, ALSO viii do
statistical tipping. Reas. rates. Box
95-V. Star.
UNIQUE PERSONALiZED infroduc-
ton service for unmarried adults,
AL religions, RE. 7-3504. Mon
care for child days while parents
day through Friday, 1-7 pm.
vACANCY--Availabie for elderly
person with social security or well
fare IN pvt. home. 474-3629.
VACANCY = Elderly person, pvt.
service. siS5 mo. mo. 10, s.s457. '
WIDOWER. white. wants to give
free rent on 2-bedroom house for
child care and maid service. Must
be sober and have recent refer
saisIs1SSo snfiss Sot RR Ro5s Bdls thsn adults. M
WOULD LIKE no sELL MEMBER-
SHIP IN ARLINGTON HEALTH
CLUB. $1b0 VALUE FOR S75.
BEING TRANSFERRED. RA. s.
WOULDN'T YOU LIKE TO meet
more single friends in this area7
We can help you. Call RE. 7-2362, !,
WASHINGTON SOCIAL CLUB.
$50 CASH
TO any church, club. lodge o.
scout organization for selling 100
vanilla. call RA. S-SSb1 or JU,
Evening star., 1962-05-13
PERSONAL

ACCOUNTANT fpublicl, eornpletel
heokkeepirs and tar service for
small business firms. 8z7-1616.
Evening star., 1962-05-13
PERSONAL

HYPNOSIS. day. night classes. Ad-
Vanced methods for self control
Of drinking, smoking. etc. Call
3A7-s7A3. hrs 12-2. R-l0
Evening star., 1962-05-13
PR0ppsALs

Bid forms WIN be issued at time
% inspection, and must 20 sub
hy ! pm. May 10. The items
for sale are not Government
property and the MD.W. CON-
SOlIpATED EXCHANGE reserves
the right 70 reject all BIDS.
Evening star., 1962-08-27
U.S.. Spent $3.1 Million
On Ship for Ethiopia

has no gold-lined room, as it
had been reported.
Military aid officials from
the Pentagon gave the break
down in testimony released to-
day by the House -Appropria-
tions Committee.
Brig. Gen. s. o. Fuqua
agreed with committee ques-
TONERS that the arrangement
included political considera-
tions" but defended the deal
for the ship which was renamed
HMS Ethiopia and turned over
to that country last January.
He said the Emperor needed
to build up his small flotilla of
patrol boats to guard his coast
line against smuggling.
The Pentagon officer said
also that the cost of training
a Norwegian crew for the YES
sci was over and above the
refit outlay but this item was
not further detailed.
He said it cost $175,000 to
Evening star., 1962-08-27
Toustmistress
Clubs Meet
Here Today

The Potomac Toastmistress
Club will be hostess to the In
ternational Toastmistress Club
Council No. z Board, today at
the All States Dining Room.
The Toastmistress Council
covers six Eastern states and
the District Of Columbia. Nine
TN clubs are in the metropoli-
tan area.
Honored guests will be Mrs.
Owen s. Swanton, Silver Spring
chairman; Mrs. William A.
Mikesell, Philadelphia, vice
chairman; Mrs. Ona Bruenecke
Of this city, secretary; Mrs.
Helen Gutowski, Valhalla, N. Y,
treasurer: and Mrs. Clara Lis
Saman, Brooklyn, N. Y, i'm
mediate past council chairman.
A regular meeting Of the Po-
tomac Club will follow an after
noon meeting Of the board
members.
Evening star., 1962-08-27
Anti-SubVersive
Unit Head Quits

NEWPORT, r. l., Aug. 81
(AP).-President Kennedy has
accepted the resignation of Mrs.
Dorothy Mccullough Lee, for
mer Mayor Of Portland, Greg,
as chairman of the SubverSive
Activities Control Board.
Mrs. Lee said in a letter to
the President released yester-
day, she was reSigning for per-
Sonal reasons. She had been
chairman since January. 1857.
Mrs. Lee is a Republican. BY
law the board may not have
more than three members of
one party in its makeup of five.
Andrew T. Hatcher, assistant
White House press secretary,
said board members are paid
$4,000 a year, and added, 1T
would seem to me that some
deserving Democrat might be
interested"
Evening star., 1962-08-27

back to the care of her grand
mother, while Mrs. Finkbine
and her husband agreed to talk
briefly with newSmen.
These are the men who have
been putting your mothers
picture in the funny papers,
said Mrs. Finkbine to her
daughter
Mrs. Finkbine said she hoped
for a good rest with her hus-
bands parents, Mr. and Mrs,
Amos Finkbine of Lawrence
burg. before going home to
Phoenix, Ariz
She stated again her belief
she had done right in the legal
abortion gained in Sweden after
being denied in Arizona. Swed-
ish doctors indicated the tram
QUILTING drug had affected the
unborn fetuS
Evening star., 1962-08-27

Cincinnati Airport last night.
They were on the last leg
of the return flight from Mrs.
Finkbine'S trip to Sweden for
an abortion. She underwent
The operation because she feared
her baby would be deformed
since she took the drug thali-
domide during pregnancy.
Young Terry ran to the steps
of the plane when her mother
descended and showed a gift
package in her hands.
Frightened by NewSmen
FlaShbulbs starting popping
newSmen began questions and
movie lights flared, and the
little girl became frightened.
She started to sob.
Let her alone" said Mrs.
Finkbine. "She's scared"
The little girls father stopped
to comfort her and she went
Evening star., 1962-08-27
By the Associated Press

Congress has learned it cost
more than $3.1 million to fiji
out a mothballed aircraft ten
der and convert it into a train
ing vessel for the Ethiopian
navy and the flagship of EN-
peror Halle SelaSSie.
But it was assured the vessel
Evening star., 1962-08-27
Shriver Is in Borneo
On Peace Corps Tour

JESSELTON, North Borneo,
Aug. 81 (AP). - Peace Corps
Director Sargent Shriver ar
rived here yesterday almost
simultaneously with 81 volun-
teerS who will work in the fields
of health, education and rural
development. Mr.. Shriver is on
a 25-day tour of Peace Corps
projects in the Far East.
Evening star., 1962-08-27
Finkbines Stop for Rest
With Husbands Family

CINCINNATI, Aug. 81 CAP)-"My family is my first
ob getting the children readused is next said weary
Mrs. Sherr Finkbine here few days at
husbands family home nearby Indiana.
There hint of her task in daughter Terry, when
Mrs Fnkbne and her husband Robert arrived Greater
Evening star., 1962-08-27

I'm just grateful" she said
81 don't blame anybody It's
others who have had these
children who have great
worries.
Most Mail Favorable
The mail we received in
Sweden about this was mostly
favorable. The only bad letter
we got in Scandinavia was from
someone in New York"
Robert Finkbine said he had
no idea when they would re-
turn to Phoenix, where their
other three youngsters are with
Mrs. Finkbine's mother. Both
said they yearned for rest away
from newSmen.
However, the schoolteacher
husband said, his classes were
due to start in about a week
and a half.
Evening star., 1962-08-27

Personal loans-for consolidating
several small bills or for any worth
while purpose-are available at
Union Trust, In most cases without
collateral or endorsers. Life insur-
ance is included. Same-day service
is usual. Here are exact details.
Details for other amounts and longer
terms on request. Phone EX 3-4400
or visit
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23

effectuated; to supply details
as to their portfolio transac-
tons during March and April
of 1862, and as to their largest
block transactions in 1861; to
report each Of their portfolio
transactions in new issues dur
ing 1861, and to give certain
information regarding commits
sions paid to, and business re-
lationshipS with and services
received from. broker-dealers.
They also are asked to state
any suggestions they have for
changes in practices, proce-
dures or structures of the vari-
Gus securities markets, which
in their opinion would make
these markets better adapted
to their use and needs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23
PEOPLE
BUSINESS
Hamilton mi. MYERS of Wood

Hamilton M. Myers of Wood
ward & Lothrop, Inc, was re-
elected treasurer of the En-
graved Stationery Manufac-
turers Association at the con-
vention in Boston last Wednes-
day.
Carl H. Martin has been ap-
pointed manager of the COLA
teral loan department of Liv-
ingston & Co. He formerly was
with Geo. D. Horning, Inc.
Nicholas Ovuka has become
manager of Washington opera
tons for Aeroject- General Nu-
cleonics. He formerly was with
American Machine and Foundry
here.
w. w. Marsh, executive Sec
rotary of the National Tire
Dealers and Retreaders ASsocia-
ton, has been named to receive
the Chartered Association Ex-
ecutive award of the American
Society of Association Execu-
tives.
Robert G. Kelly has Joined
the Washington research CEN
ter, + Technical Operations Re-
searcr as director of the COM
puter applications division.
Warren Adler, Ltd, has been
appointed to handle advertising
and public relations for the
Dupnt Plaza Hotel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23
YOUR MONEYS WORTH
What q Tax Cut
Would Save You

One across-the-board tax cut
plan favored in Administration
circles would reduce the rates
on individual incomes by three
points in each bracket and
would reduce the rate on cor
porations by either three or
five points.
This would, on an annual
basis, save individual taxpay-
ers Sc billion, for each point in
the individual tax rate amounts
to 50 billion a year. 1t would
save corporations around SIS
billion if the rate were cut
from So to 40 per cent. or SIS
billion if the rate were cut to
Al per cent. Each point in the
corporation rate amounts to
about $500 million a year. The
total tax reduction over a r.
month period would be either
SIS billion or $8.5 billion. The
reductions would become ef-
fectice Immediately after pas
sage of the law on the under
standing that this quickie
would be replaced next year by
a sounder. more comprehensive
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23
SBIC's Can Use
Time Deposits

The Small Business Admin
istration has issued a new regu-
lation that permits time
deposits by small business in
veStment companies and also
has reported a proposal to per-
NIT merger of SBIC'S.
The new rule permits SBIC's
to place idle operating funds in
time deposits evidenced by
time certificates Of deposits
with a commercial bank that is
a member of the Federal De-
post Insurance Corp. Previous
ly SBIC's were permitted to use
demand deposits only with
FDIC- member banks.
The proposed merger rule
would permit any licensed
SBIC to issue its securities in
connection with a merger or
consolidation with another Ii
cenSed SBIC, upon approval of
the SBA. Before adopting the
change, SBA will consider all
comments or suggestions re-
ceived in writing before Au-
gust 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23
Farm Programs Hit
By Chamber Official

The Department of Agricul-
ture was called "a sort of hy-
dra-headed monster that no
one seems to know how to con-
troll" by Arch N. Booth,
executive vice president of the
United States Chamber of
Commerce yesterday afternoon.
Speaking on the Chambers
radio program, What's the Is
sue. Mr.. Booth suggested the
department should gradually
cut farm supports and controls
to return farmers to free mar
kets.
1.-THE department sends its
experts into the field to teach
farmers how to manage then
farms better; to grow more food
and fibre on smaller acreage, y
he declared.
AT the same time the same
department is paying out bill
lions OF dollars to buy up sur
plus, much of which is brought
about by more efficient farm
ing methods. To say that this
doesn't make sense is the I'M
reinstatement of the day."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23
Auto-Buying Boom
Is Yet to Come
By CHARLES YARBRoUeH

ated Press says analysts found
the strong July rate especially
significant since it was made
up almost entirely of cars or
dered after the stock market
break.
Newest item in the what
won't-they- think of-next? de-
partment:
The Goodyear tires which
Bobby Unser used to set a new
speed record to the top of Pixies
Peak contained walnut shells.
The newly-deSigned tire in
corporates ground walnut shells
in the tread rubber for extra
traction, the theory being that
when the tire wears to a shell
particle, the shell flips out,
leaving a hole which provides
better traction.
=
Simca has named SO new
dealers over the country-two
of them in the Washington
area.
The associate dealerships
under Royal Simca, 4104 Geor-
gia avenue, NV, are: Ban
ming g. Sons Motors, Inc, $500
Baltimore avenue, HyattSville,
and APs Motors, Inc, 1910
Wilson blvd.
= 4 "a
The ID. C. Triumph Sports
Owners Association will meet
at 8 pm, Thursday at the Guy
Mason Recreation Center to
hear a guest speaker from the
District Department of Motor
Vehicles speak on Driving At
titudes and Habits"
=
ROOtes is announcing a new
trunk-mounted luggage rack
for the Sunbeam Alpine which
does not require drilling holes
in the deck lid. The rack meas
ures 81 by 81 inches; retails at
$26.50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23
CHICAGO
LIVESTOCK

CHICAGO. July 90 (AP).-CUsDAI-
and sowS strong to 25 higher; good
butchers IS.25-I9.5O, few lots 1885
and around 100 head at 19. so; mixed
] 3 10000 lbs. 1S.75-19.25; 100000
lbs. 1S.25-1S.75: % 260-2S0 lbs.
l7.75-Is.25: couple loads around 300
lbs. l7.O0-l7.25: mixed 1-3 275-400
ID. sows l5.O0-17.00; 400-500 lbs.
14.15-l5.00: heavier weights absent;
boars 1l.50-12 so.
Cattle $4,000: calves none: slaughter
steers fairly active, steady to so higher.
generally 25 higher: most advance on
choice 1,200-1.350 lbs; heifers steady
to % higher, mostly steady; other
prime 1.20O-1. 325 ID, fed steers 2s.25-
a new high since May: bulk choice
and mixed choice and prime 1,15O-
1880 ID. steers 26.5O-2S. 90: load high
s5oei $50 SOY lbs. 26.75o27 90 fN mixed mixed
GOOD and choice 25.50-26. SO; good
steers largely 24.00-25.75: load mixed
standard and good l,245 ID. fed HoI-
stems 22.S5: utility and standard Hol-
stems n 1922 so; small lot prime
$50 Id. heifers $3.50: few loads high
choice heifers 25.S5-26.10; bulk choice
good and choice 22.75-24 IS; utility
mostly 1900 down; Gamers and cut
tiers largely 12.50-l5.25: utility and
commercial bulls 1S.50-2O.50: few good
and choice vealers 25.0O-2S.00: utility
and standard 15.00-25 .0O load choice
500 lb. feeding steers $3.50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23

cent; the cut for married tax
payers in the 100000 bracket
would come to less than 6 per
cent. Although the dollar saw
ingS in the lower brackets
would appear picayune when
spread over So weeks of pay
checks, even tiny dollar
amounts left in the pay enve-
lope of families which spend to
the hilt of their incomes add
up to a business spur, for these
dollars multiply"
When the retailer gets more
business, he in turn buys more
from his wholesalers, who in
turn buy more from the manu-
facturers. This can be only
theory now, for we haven't yet
tried using the tax-reductioN
weapon to stimulate a sluggish
economy, but it appears valid
W al 3 uC G1ldO SOIlouI1lClS Will
spend more if they got tax cuts
and this will give businessmen
the incentive to spend more as
we'll.
simultaneously. corporations
would get their own tax rate
reduction and. coming on top
of the tax savings to be
achieved by the long-awaited
liberalization of the deprecia-
ton rules, this could be of
major Importance not only
from a commercial-financial
but also from a psychological
point of view.
So complex and confused are
the politics of immediate tax
cuts at this stage that even we'll
informed observers can do no
more than guess what might
happen, if anything.
Distributed 1862. by The Hall
Syndicate, Inc. All Rights Reserved.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23
Doubt and DisiIIusion
Can Be Overdone, Too

! ported increased revenues and
earnings. Apparently custom
ers. whether businessmen OF
individuals, weren't scrimping
there either.
None of this means that the
present situation is ideal.
The number Of the joblesS
is too high. The rate at which
new jobs are opening up is toe
low. Exports are high but not
high enough to make up fol
other dollar spending abroad
so that our gold reserves are
under pressure. Business profit
margins are too low to please
management, which says this
diScourages business growth.
Taxes irk although
how to change them to please
everyone is the most complex
and troublesome of problems.
But for all the hullabaloo to-
day the public has stayed pref
ty calm.
DisilluSioned? Yes-if you ac-
cepted all of the earlier predic-
tons without reservations.
Disturbed by the stock mar
ket break? YeS-unless you were
among those who thought
prices had climbed too high.
Uncertain about the future ?
OF course, in a fast changing
world like this.
But only a few believe that
everything really is going to
pot. The present situation
isn't ideal. But when was it
ever?
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-23
ON WHEELS

With automobile sales top
pling records in all directions,
some of motordom's economists
are looking ahead to 1870 when
an estimated 81 million families
will have discretionary incomes.
The forecast was made last
week by Ford Vice President
James o. Wright in an address
before the West Virginia Auto
mobile Dealers convention.
The expected increase in the
amount of money available for
non-neceSSitieS "offers impor-
tant potential for growth in the
automobile business" Mr..
Wright said.
IAN increase in future buying
power will depend on such fac
tors as productivity gains, total
employment and hours worked.
But if the gross national
product grows rapidly to $500
billion by 1870" he said. then
so per cent of the households
in the country, or 81 million
families, will nave discretionary
income"
Shipping at the Governments
excise tax on new cars, Mr..
Wright said, 1T is not unlikely
that much of the loss of
revenue to the Government
resulting from, say, cutting the
excise tax in half would be
compensated by revenues rising
from increased sales and the
activity in many industries
that they in turn generate"
Mr.. Wright and the industry
can afford to be optimistic.
Everything's rosy.
Since the stock market STUN
bled seven weeks ago, new car
sales not only have held up, but
continued strong through what
is normally a slack season.
Chevrolet, Ford and Ameri-
can Motors reported the first
10 days of July broke all rec
ords - including the all-time
banner year of 1855.
From Detroit, the Associ-