davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-26
Conventional
Financing Cost
Up Slightly

Cost Of conventional mort
gage financing to builders and
new home buyers went UP
slightly in June, compared with
the previous month and a year
ago. 1t was reported here today
by Chairman Joseph P. McMur-
ray of the Federal Home Loan
Bank Board.
However, mortgage interest
rates on purchases of existing
homes dipped slightly from
May to June and we're Just
about even with the average in
June last year.
The chairman report was
based on data from 214 of the
Nations largest insured savings
and loan associations with COM
bined savings of more than S22
billion, or about one-third of
the total for all members of
the Federal Savings and Loan
Insurance Corp.
Contract interest rates in
early June averaged 6.31 per
cent to builders, compared with
SIG in May and 6.18 per cent
a year ago.
Rates for new home buyers
averaged sos per cent. COM
pared with 6.03 in May and sol
per cent a year ago.
For purchasers of existing
homes. the average was $40
per cent, compared with 6.23
in May and SIG per cent in
June last year.
Initial fees and other
charges on construction mort
cages rose in June to 2.32 per
cent of the principal amount
of corresponding loans, COM
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-26
YOUR MONEYS WORTH
Crash Affected
One in Every 6
: By SYLVIA PORTER

with 2,037, 900 shareowners and
is pulling up fast. Pennsylvania
and Illinois follow. each with
more than one million share
holders. Stockownership has
been rising in smaller cities.
Profile Changes
Also, I'm sure the aggressive
promotion of mutual funds has
much to do with the increas-
ing number Of stockholders.
Nearly % million stockholders
own shares in investment COM
panies only. UP rs per cent in
four years and now represent
ing Is per cent of the share
owner population against 4 per
cent in 1856.
Only a relatively short time
ago. the typical stockowner was
| . fairly elderly man, at or
past the peak Of his earnings
power with money accumulated
over the years and placed in
stocks. That profile is obsolete
The average age of stockhold-
ers today is 48, the average
age Of stockholders who have
entered the market for the
first time since 1859 is 80.
Only a few decades ago many
individuals in the stock market
were in with their entire nest
eggs and borrowing to the hilt
| in addition. When they wefe
taken to the cleaners, they
we're taken all the way. Not
so today. OF all stockholders
So per cent also have savings
accounts, 81 per cent have life
insurance, n per cent own
their own homes, 20 per cent
own other real estate, so per
cent have pension plans, 66 per
cent own United States Saw
ings Bonds. 10 per cent own
other types Of bonds. And, Of
course. most stockholders are
not on thin margins; quite the
contrary. The number caught
| in the late May collapse who
were over-borrowed was a mi
nority.
With so many millions in
all classes in all parts Of the
nation involved in the stock
market, what happens in Wall
Street now is sure to affect
what happens in the economy
in general.
Distributed. 1861. by the Hall Syndicate,
Inc. All Rights Reserved
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-26

About II million Americans
were affected directly by the
recent stock market crash.
This figures out at one in every
six adults in the country.
At least as million of this
total now Newspaper losses
in their stock portfolios or sold
out and took losses. This is the
number who since 1859 have
entered the stock market for
the first time.
At least is million Of this
total really have been socked
in the pocketbook. This Is the
number who came into the
market for the first time in
1861, when the market was
touching its highs. Unless they
were far more nimble than
the most professional pros, they
didn't retreat in time.
Another l2o million are be-
ing indirectly affected by the
slump. on paper anyway. This
is the total who have savings
in financial institutions which
in turn have put part Of their
funds in stocks - and finan-
cial institutions haven't escap-
ed this stock crack-up.
Still another IS million who
don't now own stocks are on
the threshold of investing or
are interested In learning more
about buying stocks - assum-
ing the action Of the market
doesn't scare them to the side
lines for an indefinite period
The impact of Wall Street
now touches every state. cities
both big and small, all &C.
equations, all income groups.
These are. q few Of the sta
tistics and conclusions in the
fourth and most comprehen-
sive survey of stockholders re-
leased today by the New York
Stock Exchange.
Only q comparatively short
time ago, stockholders were
concentrated in cities in a few
old, wealthy states. No longer
New York still leads with a
shareowner population of
2,34l 900 but my home state is
losing its lead, now accounts
for only IA per cent of the
total shareowner population
against 20 per cent in 1856.
California is in second place
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-26

pared with ais per cent in
May and 2.21 per cent q year
ago.
However, these fees con-
nected with financing the pur-
chase of homes. both new and
existing. receded somewhat.
June'S fee ratio Of 0.S2 per
cent on new-home purchases
compared with OBS per cent
in May and 1.13 per cent a
year ago. The fee ratio on
purchases of existing homes
was los per cent in June, COM
pared with Ill per cent in
May and LII per cent a year
ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-26
Curtis Publishing
Is Dropping MucNeoI

PHILADELPHIA, June 26
tAP) Curtis Publishing Co
said today that Robert MaeNeal
will soon be leaving as presi-
dent.
The company. in a two-para-
graph statement, said: "The
press reports that Mr.. Mac
Neal will soon be leaving the
company are correct"
THE Executive Committee OF
the Board of Directors is
charged with selection of a
successor.
The Philadelphia Bulletin
said earlier that directors de-
cided at yesterdays board
meeting to drop Mr.. MacNeal.
Mr.. MacNeal is mentioning
abroad, repeatedly in Spain.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-26
METALS

NEW YORK, June 20 (AP) Spot
nonferrous metal prices today: Copper
81 cents a pound, Connecticut Valley
Lead pa cents a pound. New York.
Zinc ii "a cents a pound. East st. Louis
Tin .l294a pound. New York. Foreign
silver 04h per troy ounce. New
York. Pittsburgh scrap steel No.
heavy was quoted by Iron Age at
20 .00-26 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-26
TREASURY BONDS

NEW YORK tAP)- Noon over the coun-
ter U. s. Government Treasury bonds,
5ld, asked net change and yield for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14

DURHAM, N. c.. Oct. 13
(AP).-Soph Fullback Mike
Curtis scored twice as once
beaten Duke built up a 14-0
halftime lead and rolled to a
21-7 victory over CALIFORNIA;
Bears here today.
A shirt-sleeved crowd of
$1,000 saw the Blue Devils
score in each of the first three
quarters. The Stingy Blue
Devil line yielded only II net
yards rushing.
Trailing by two touchdowns,
California took the second
half kickoff and slammed "a
yards in II plays. Quarterback
Larry BaIliette, who srarked
the drive, Tipped to Halfback
Allen Nelson for the touch
down.
Duke took the next Kickoff
and showed more fireworks by
going "a yards for a touch
down, with Curtis scoring from
the IA. Bill Reynolds kicked his
third extra point and the score
was 21-7.
California moved to the
Duke five late in the fourth
period after recovering a fun
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
STATISTICS

BILE, but the big Blue line held
at the Is.
Duke got its first touchdown
midway in the first quarter
when Halfback Mark Leggett
slashed over left tackle from
the six to cap a 58-yard march.
The Blue Devils got another
touchdown in the second period
when Curtis went over from the
three to climax a drive that
started on the California As.
California Halfback Tom
Blanchfield attempted q field
goal from the Duke q in the
first period, but Center Ken
williams rushed in to block it.
CALIFORNIA; ground game
could do nothing against the
hard-charging Duke line. But
the Bears rolled up 20S yards
passing by hitting on IS OF
rs attempts.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14

the Cornell 81, but a clipping
penalty stalled the drive.
In the third period the Mid
shipmen got to the 81, but an
offside penalty set them back
to the 80. Klemick, trying to
win back his starting job, missed
Dick Ernest with a pass and
then was thrown pacK TO the 43.
Middies Start Slow
Navy looked like anything
but a 17-point favorite at the
outset. 1t took the opening kick
off, got nowhere and kicked.
Cornell couldn't move and had
to give it up.
Nays second attempt was
killed by Mike Strick, a Cornell
halfback, who flinched a KLEIN
lex pass on the one.
Hardin went to his offensive
platoon after Cornell kicked to
the Navy 40. Staubach drove
the Middies so yards in 10 plays
for their first touchdown.
Klemick went in at quarter
back the next time Navy got
the ball, but when the offense
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
Duke Rolls Over California
As Curtis Leads Way, N-7

California drove from its 26
to Dukes 81 in the first period,
chiefly on the passing of Bal
liete. But Dukes defense tight
ened and Blanchard attempted
his field goal which was
blocked.
After Duke scored in the sec
ond quarter, California got an
other drive going on the pass
ing of Baliette, 182-pound sem
ior. The Bears took the kickoff
and moved from their % to
Dukes 81, where Duke Quar-
terback Walt Rappold inter-
cepted a pass on the five and
ran it out to the %.
In the closing minutes Of the
game, California Center Mike
Cezario recovered a tumble by
Dukes halfback Jay Wilkinson
on Dukes 20. The Bears
managed to reach the five but
again Duke stiffened and took
over on its Is just before the
game ended.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
STATISTICS
Reeder passes accounting for
40 yards.

Reeder passes accounting for
40 yards.
After q 15-yard penalty
against Virginia moved the
ball to the Cavaliers A. Null
rooney hit Reeder up the mid
die with a 20-yarder. Two
plays later, the same pair
hooked up on the same play for
another 20 yards and the touch
down. But fizzled after that and
they the Kaydets' passing at
tack got no closer than Vir-
ginia's 26.
Sieg Gains so Yards
Virginia completely domi-
mated the first half except for
VMI's scoring push. However.
1T couldn't break the game
open, mostly due to its own
mistakes.
VMI was laying for Cuozzo's
passes, but Gary crossed them
up early in the game by run
ming. After that, the Keydets
respected his running and Gu
ozzo had more time to pass.
The 6 = foot = /, 1877 FOUNDER
would have had an even better
day, but several passes were
dropped in the open.
Sieg, who returned a punt 79
yards for a touchdown, in last
weeks 20-15 loss to Virginia
Tech, gave more indications
that he is the man who can
make Virginia's running game
go. Terry picked up so yards
in seven carries, including the
touchdown romp.
Virginia's line. led by 240-
pound Dave Graham, had
much to do with stopping
Nunnally and Mulrooney's
passes. The Cavaliers were on
top of the two VMI quarter
backs on every play and as a
result thew were held to minus
is yards on the ground.
All of the four Virginia in
Perceptions came off Nunnally,
who threw only seven and
completed one for two yards.
Mulrooney was seven for II
for 104 yards.
Seig also grabbed four of
Cuozzo's passes for So yards.
Most of Gary's pitches were
short, while WMI had to go
for the long bomb in the second
half.
Andy Tucker carried the load
of WINS running game, gain
ing 81 of the total 146 yards
in IL carries. Reeder grabbed
four passes feir, s6 yards
The victory boosted Virginia's
record to 81, with Wake Forest
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
Virginia Tops VML> 1885,
With Two Quick Scores
BY CARL SELL
Star Staff Writer

CHARLOTTESVILLE, Va,
Oct. 13-Virginia struck for
quick touchdownS with less
than a minute remaining in
the first half and at the end
Of the game to score a 1856
victory over Virginia Military
Institute before 10000 fans at
the Cavaliers home opener in
Scott Stadium today.
Gary Cuozzo, Virginia quar-
terback, completed II Of 10
passes for Ill yards and one
touchdown, while the Cava-
liers' defense completely
smothered VMI's passing at
tack. The Keydets completed
only eight of "a aerials and
had four intercepted.
Cuozzo scored Virginia's first
TOUCHDOWN on short burst over
center to open the second
quarter and then directed the
Cavaliers 81 yards in nine
plays for another score with
AZ seconds remaining in the
first half. He passed to end
Jim Hoffarth for the final
eight yards.
Two of the interruptions led
to Virginia touchdowns in the
second half. Ted Rzempoluch
picked one off at the VMI' Al
| in the third period to set up
Terry Sieg's 22-yard scoring
burst over left tackle three
plays later.
Guard Turnie Todd grabbed
a Butch Nunnally pass on the
VMI SO and rambled to the
Ia with less than As seconds
remaining in the game. Quar-
terback Carl Kuhn flipped a
perfect strike to Halfback Mike
Stevens on the next play for
the score with 80 seconds left.
The game was slowed down
in the third quarter by WINS
ineffective passing attack-the
Keydets had completed two OF
three in the first half-and a
multitude of penalties. Viz
GINA wound up losing So yards
and vMI SO on penalties. Sew
eral flareups among the players
also caused delays.
Virginia also tossed away
several scoring chances. The
Cavaliers got to the VMI %
in the first quarter before a
fake field goal attempt back
fired and VMI gained posses
sion. Guard Bill Black of VM1
stopped a Virginia drive in the
third quarter by recovering a
tumble by Halfback John
Hepler on his own 8.
63 Yards For Score
WINS only score came on
some brilliant passing from
Quarterback Mark Mulrooney
to Flankerback Ken Reeder.
The Keydets moved So yards
for their touchdown in the
second quarter after a Virginia
quick kick, with Mulrooney-to-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
STATISTICS

at the so, but Woods pass was
too long. In the third period
with Navy ahead. 1870, John
Mccarthy was clear but Sam
Hayden, who replaced Wood,
also overthrow.
Ron Tesla, who was being
built up as an all-America
candidate before the season
opened, but wound up on the
defensive unit today, showed
signs of swapping back. He
broke through twice and spilled
Hayden for losses.
Although the Middies had the
ball in Cornell territory IL
times, Navy generated only two
other serious scoring threats.
Early in the second period the
Middies moved from their 80 to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
Navy Routs Cornell 41-O;
Staubach Guides Attack

sputtered again, Staubach took
over for good.
He drove them 80 yards in
10 plays for their second touch
down, sneaking over with At
seconds remaining in the half
for a 14-0 Navy lead. r.
In the third period, Navy
had the ball twice without going
anywhere, but the third time,
when Ed Burnap kicked to the
IL, Staubach got the Middies
moving and highlighted the 80
yard march with his 68-yard
run. 81.
Nays other scoring drives
covered 46, Al and IS yards
after Tesla recovered a Hayden
tumble. Each took five plays.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
Nets Purchase
z Dodger Players

NEW YORK, Oct. Is (AP).-
The Nets purchased Catcher
Norm Sherry and Outfielder
Dick Smith from the Dodgers
today for an un disclose d
amount of cash.
Sherry, 81, saw limited serv-
ice this season. He hit 1872 in
IS games but is regarded as a
fine defensive catcher. He Is
the older brother Of Dodger
Pitcher Larry Sherry.
Smith, %, was with Omaha
of the American Association in
1862. A righthanded batter, he
hit .255 and had 10 homers.
He stole 80 bases.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14

WEST POINT, N. Y, Oct. IS
(AP) - Opportunist Army
bounced on a fourth-period
tumble and scored on a IS
yard pass from Quarterback
Cammy Lewis to Dick Peterson
today for a 9-6 upset victory
over Penn State, ranked third
nationally.
The fiercely played game
ended In utter confusion. Twice
the excited gray-uniformed
Cadet corps rushed out on the
field prematurely and had to be
removed before the last play
could be run off. Army and
Penn State players exchanged
blows in a wild melee that
brought both coaches off the
bench just before the final gun.
The previously unbeaten Nit
tany Lions we're leading, 6-3, on
field goals of 80 and "a yards by
Ron Coates when Tom KernS,
center on Army's brazen Chinese
Bandits, grabbed a ball on the
Penn State 10 which had
slipped from the hands of
Junior Powell.
Hit Peterson for Score
After two running plays had
picked up only 3 yards and a
pass had gone incomplete,
Lewis, son Of Pappy Lewis, late
West Virginia football coach,
hit Peterson in the end zone. A
pass attempt for the extra
points failed.
Army'S other score in the
bitterly waged battle before 6
record homecoming crowd OF
81 900 at Niche Stadium came
on a 35-yard field goal in the
fading seconds of the opening
period by Dick Heydt.
Army's surprise victory, a
bigger upset than last years
1916 triumph over the favored
Nittany Lions, thwarted Penn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
STATISTICS

States bid for q grand slam
sweep" of the service acad-
emies. The powerful Penn
Staters previously had beaten
both Navy and the Air Force,
and last week had won over
Rice.
This was the third victory
for Paul DietZel's new-look
three-platooned Black Knights,
who previously had defeated
Wake Forest and Syracuse but
bowed last week to Michigan.
1t was primarily a victory for
the Chinese Bandits, a hard
fighting defensive unit spurred
on by the Cadet Corps, wear
ing red coolie hats and chant
ing Oriental tunes.
Stymied Penn State
These brash operators sty-
mied a powerful Penn State
team that previously had rolled
up more than a thousand yards
and So first downs on three
opponents.
1t was the first time Penn
State had failed to score ;
touchdown since Army Shu
them out, 800, in 1858.
Penn State missed SCORING
opportunities in the third pc
riod when it took the kickoff
and drove to the Army eight
yard line, only to have Dicl
Anderson drop a pass in the
end zone.
Shortly afterwards, another
apparent touchdown, on a r.
yard pass from Coates to Bill
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14

1859, saw the 6-foot-2 sopho-
more direct the Midshipmen to
their most powerful offensive
showing of the season and even
Nays record at 20.
Staubach, who relieved Ron
Klemic midway through the
second period. plunged for two
touchdowns, set up one of them
with a 68-yard dash when he
appeared to be trapped in his
backfield, and ended Nays
scoring by pitching a 10-yard
touchdown pass to Ed Merino,
an end on the defensive team.
Nick, Markoff scored the first
Navy touchdown by ramming
over from the / in the first
period to climax a 61-yard
drive in 10 plays.
Staubach got the next two
on vineyard sneaks, Pat Dom
nelly, the first-string fullback,
cracked over left guard from
the Is for the MiddieS' fourth
touchdown and Steve Szabo
slipped through right guard
from the 2 for the other score.
Jim Weston converted after
five Of the six touchdownS.
Staubach showed a lot of
poise for a man who had a net
yardage figure of minus 16
yards going into today's game.
He completed nine Of II passes
for SO yards and carried the
ball eight times and gained SO
yards, including the 68-yard
run where he finally was
stopped on the one.
Cornell played the entire sec
ond half without Gary Wood,
it's sensational quarterback who
led the Big Red to an upset
victory over Harvard last week.
Even with Wood Cornell
never really threatened. It was
in Navy territory only three
times and the deepest penetra-
ton was to the Navy 80.
Twice Pete Gogolak, the
Hungarian place kicker who ap-
proaches the ball from an an
gle, missed field goal attempts.
The Middies rolled up 81 first
downs against four for Cornell,
gained 316 yards rushing
against IS. and passed for 152
to a net of five for the Big
Red.
Bombs Fail to Connect
Two of Cornell's 10 attempted
passes were potential touch
downs.
The first time Cornell got the
ball End John Engle broke clear
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
BY ROBERT SOMMERS
Star staff Writer

ANNAPOLIS, Oct. 13.-Roger
Staubach took over the first
string quarterback job. today
and Navy erupted for four
touchdowns in the fourth quar-
ter to sink Cornell, 41-0, be-
fore a record crowd Of 23,35S
in Navy-Marine Corps Memoir
ial Stadium.
The turnout, largest since
the stadium was dedicated in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
Army Coshes Late Break
To Stop Penn State, SO

Bowes, was nullified by a
penalty. %
Besides young Lewis, a poised
marksman who completed four
of his nine passes, and Joe
Blackgrove, who hit three for
three, Army's biggest offensive
weapon was Sophomore Half
back John Seymour, who ripped
off SO yards in six attempts.
He had one run of AZ yards in
the opening period which set
up Heydt's field goal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14

PENN STATE ------ 8 0 3 o. 6
ARMY ----------- 3 0 o g. 3
Army-FG Heydt. 35. -
Penn State-FG, Coates. "a.
Army-PeterSon 15. pass from Lewis
(pass failed.
Attendance-31, 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14

CALIFORNIA ------ 9 9 7 90
Duke-Leggett 6. run reynolds kick)
Duke-Curtis 2, run reynolds kick
Standardization -, pass from
Balliette Blanchfied kick.
Duke-Curtis IA. run reynolds kick
Attendance-3l 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14
Bombs Fail to Connect

Two of Cornell's 10 attempted
passes were potential touch
downs.
The first time Cornell got the
ball End John Engle broke clear
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-14

Pictures on FL ond rs
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1962-02-01
GIRL. SCOUT NEWS

year. They must d e C i d e
where they want to go, how
much it will cost, and just
how they can earn the extra
money they will need.
TROOP 1404 - Rosemary
Moore and Sandra Killpack
received their C hild Care
Badge at this past meeting.
=
TROOP 334 decided at their
last meeting that for a special
project they would like to
learn several dances of for
eign countries. This will be in
honor of International Friend
ship Month.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1962-02-01
BY Virginia Grumney

TROOP SAT - celebrated
their first birthday t h i S
month. They had a party on
January "a. Troop 1921 of
MunSon were their guests. All
were served cake and kool-'
aid.
+ 4
TROOP TAI vel m e d
Kathy Medina to their ranks.
TROOP 1909 has decided to
work for their star badge.
The girls also began making
long range plans for a trip
they would like to take next
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1962-02-01

TROOP 1895 - On January
16, the girls began work on
sit uponS to use at their
meetings. BY weaving strips
of newspaper together, then
slipping the pad into a shop
ping bag that has a handle,
and Stapling it shut, they had
very handy cushions. On jan
uary Is, Wendy Frenk was
hostess and served kool-aid
and cookies. AS an extra
treat, two girls who had birth
days that week brought cook
les, Cindy Engel and candy
bars, Gale Gencope. On jan
uary % the girls finished their
sit = upons. Gale Gencope was
hostess.
TROOP 835 welcomed five
new girls to their troop. These