davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-12-13
Manufacturers
Sales, Profit
Show Decline
BY the Associated Press

Both sales and profits of
manufacturing corporations de-
.clined in the third quarter of
the year, the Securities and
Exchange Commission reported.
The declines reflected, to a
large extent, the shutdown of
the automobile industry for
model changeovers and other
seasonal factors in the metals
and machinery industries, the
SEC said.
Sales in the July-September
quarter were $96.l billion, 3
per cent below the record vol
ume reached in the preceding
quarter. '.-
After-tax profits in the third
quarter SAP billion - were 8
per cent below the spring quar-
ter but 10 per cent higher than
in the third quarter of 1861.
For the first nine months of
this year, manufacturing cor
porationS had sales of 1888 bill
lion compared with $261.3 bill
lion in the same period last
year.
Profits in the nine-month
period totaled $12.9 billion, OF
$2.2 billion higher than in the
first nine months of 1861. Most
of the increase in the nine.
month totals, for both sales snC
earnings. occurred among th'
durable goods industries who's
sales and profits were depresseC
. in the early part Of 1861.
Evening star., 1962-12-13
industrial Growth
OF Area Reviewed

Executives Of washington's
science-oriented industries were
told yesterday of the successful
efforts Of the Metropolitan
Board Of Trade to attract di-
versified industries here and
lessen the areas dependence on
Federal employment.
John r. Steelman. chairman
Of the boards Economic De-
velopment Committee. told an
audience of nearly 200 at the
Statler- Hilton that in the nine
years of the committees exist
ence 646 organizations or firms
have settled here.
These groups, he said, have
provided employment for more
than 10000 persons, and had
estimated 1862 payrolls of
$127.5 million. In addition, H.
900 other persons we're en-
ployed to serve this influx, and
were paid close to 500 million.
Evening star., 1962-12-13
Eurninqs

Schlumberger, Ltd. in
months ended September 30
earned $16,569,000 or $3.1l a
share VS.. $13,060,OOO or $2.45
in 1861 period.
Oscar Mayer g. Co. in
year ended October q earned
$4,300,000 or $2.45 a share
VS.. $4,566,O00 or $3.50 in
1861.
Hyster Co. in 9 months
ended October 81 earned So.
1929 or $2.47 a share VS..
$l,654.639 or $1.49 in 1861
period.
Technical Materiel in year
ended September 30 earned
81, ,740.984 or 70 cents a share
VS.. $903,340 or 81 cents in
1861.
National Periodical Pub. il
year ended September 80
earned $1,093, ,261 or IS cents
a share VS.. $849, ,767 or 66
cents in 1861. .
Evening star., 1962-12-13
Fairfax Land Earns
48 Cents a Share

Net income of Fairfax Land
and Developm ent Corp.
amounted to $56,970 or as cents
a share in six months ended
October 81, President j. Mi
chael BURY reported.
Gross profit from sales
amounted to $151, 1857 and total
income reached $375,440, he
said. Operating expenses of
$280,853 were listed.
Although sales of mobile
homes and trailers normally
slump seasonally in the present
quarter, the company hopes to
reach its earnings goal of 60
cents a share for the full fiscal
year, Mr.. BURY declared.
The firm acquired a new mo-
bile home park. lakewood Park,
Inc, in Waldorf, Md, recently.
Evening star., 1962-12-13
D. c. Bank Loans,
Deposits Expand

Gross loans and deposits o.
major Washington banks edgec
higher in the week ended De.
cember 5 and were well above
a year ago, reported the Fed.
eral Reserve Bank Of Rich.
mond.
Gross loans of Riggs Ma
tional, American Security &
Trust and National Bank o1
Washington aggregated $664,-
676,000 on December 5, COM
pared with 63,765,000 a week
earlier and $606,755,O00 on De-
cember 6 last year.
Deposits amounted to ST.
285 ,985, 900 on December 5
compared with $l,267 .238. .O0e g
week earlier and .s1,176,17l,00(
q year earlier. -
Evening star., 1962-12-13
Alexandra Bank
To Open Brunch

Alexandria National Bank
will open its new Claremont
branch at King street and
South Walter Reed drive next
Monday, December II. Presi-
dent E. Guy Ridgely announced
Mr.. Ridgely and Board
Chairman l.. H. Dudley will
cut the ribbon opening the new
office at 8 am. Donald E
Evening star., 1962-12-13
Stock Dividend Voted
By industrial Bank

Directors of Industrial Bank
Of Washington have declared q
stock dividend Of $4,000. pay.
able January % to holders oi
record December 81. President
B. Doyle Mitchell announced
today.
One new share will be dis
tributed for each seven shares
now held. The distribution is
subject to approval by the
stockholders and the Controller
Of the Currency.
Directors also authorized the
usual Christmas bonus for en-
ployeS of the bank, which ranks
among the Nations largest
owned and operated by Negroes
Evening star., 1962-12-13
Toy Party Scheduled
By Grocery Wheels

Grocery Wheels of Washing
ton. food trade organization,
will hold its annual Toys for
Tots Party at the Kenwood
Country Club Saturday night
All members and guests will
bring toys to be presented to
the Toys for Tots campaign.
Evening star., 1962-12-13
BUSINESS
BRIEFS
Bank Clearings in 26 leading

Bank Clearings in 26 leading
cities in the week ended Octo.
ber IL totaled $31, $50, ,513, ,00C
compared with $33,754, ,564, ,00C
in the previous week and $780,
062, $685. 900 in the like week 6
year ago.-Dun g. Bradstreet.
Steel Production in Novem.
ber totaled 7,845,0 900 tons VS.
I7,780, ,538 in October and 8,745,.
966 in November a year ago
for IL months 90,246,843 VS.
88, ,445 ,548 a year ago.-Am
Iron 81 Steel Inst.
Business Loans in the week
ended December 5 totaled
$34, 1853 100000, up $83 mil
lion from the previous week
and up $2,747,0OO,000 from
the like week a year ago.
Federal Reserve Board.
Crude Petroleum PrOduc-
ton in the week ended De-
cember Z averaged 1884, 1861
barrels daily, up 21,40O for
the week and compared with
1897, ,060 in the like week a
year ago.-American Petro-
leum Institute.
CelOtex Corp. passed its
common stock dividend, but
announced a regular rs cents
a share payment on the pre-
ferred, payable January 81
to holders of January 4.
Safeway Stores, Inc. sales
in 4 weeks ended December
totaled $193, ,O82,5S4. up 2.5%
from 1851; for 48 weeks ended
December /, $2,304,470,64l
down 1.5% from 1861.
Holly Stores, Inc. November
sales totaled $3,494,384, ur
30.9% from 1861; for 10 month.
$25,535,136. up 37,196 from 1861
Evening star., 1962-12-13
COTTON

NEW YORK, Dec. 13 CAP).-Cotton
futures we're higher late today. Buy
ing was stimulated by a steady tone
in primary spot cotton markets and
the substantial flow Of cotton into
the Government loan. Hedge selling
was light.
Late afternoon prices we're 40 to
so cents a bale higher than the pre-
vious close. March 34.50. May "a. .55
and July 80 % bid.
Evening star., 1962-12-13

showed turther gains IN the
month and we're far above q
year ago.
The associations received
$39, SOC, 1886 of new savings In
November, while share repur-
chases or Withdrawals amounted
to $28.232, ,073, leaving a net in
flow of $1l,364,l63, reported
Mr. Stadtler, who is president
of National Permanent Savings
and Loan Association.
In November last year, re-
ceiptS of $35,18S,9S0 and with
drawals of s26,ll9,49l left a net
savings inflow Of $9,064,44
However, the last months in
flow was behind the preceding
month. october receipts of
S56,096,257 and Withdrawals Of
$42,5l9.434 left a net inflow Of
$13,576,823.
November loan disbursements
Of S28,855,725 and loan repay
ments of $26,143,057 left a net
outflow of funds amounting to
S2.7l2,668. In the preceding
month, disbursements of $685.
961,415 and repayments Of
S30,322, ,684 left a net outflow Of
S3,638,73l. In November last
year, disbursements of $34,-
927,477 and repayments Of
$23,87l $50 left a net outflow
of $11,055,857.
The associations expanded
their holdings Of Federal Gov
ernment securities to $66,074,-
AL on November 30, compared
with $64,691,763 month ear
lier and $50,935,274 on Novem-
Der 30 last year.
They held $64,430,189 of
cash on November 80 VS.. $58,-
967,975 a month earlier and
$685. ,280 a year ago.
Assets reached a new all
time peak of $1,627, ,768. .645 on
November 30 VS.. $1,614,866,659
a month earlier and were l1.3
per cent ahead of 81, ,373,7 ,723
a year ago. Invested capital
also set a record Of $1,393,-
624,825 VS.. 1888, ,269,740 a
month earlier and 81 ,253, ,753,-
489 on the same 1861 date.
Outstanding mortgage loans
on November 30 aggregated
$l,443,7l7,587 VS.. $1.437,710.138
a month earlier and $780,
269.040 a year ago,
November loan settlements
of $28,0l7,357 we're ahead of
$25, ,665,06l in the previous
month, but remained behind
$29, ,282, ,493 in November, 1861.
Evening star., 1962-12-13
Suburban Trust
Plan YuIe Party

The annual Christmas party
for employees of Suburban Trust
Co. will be held at the May
flower Hotel Saturday, night.
More than 1900 employees
and their guests are expected
to attend.
Evening star., 1962-12-13
METALS

NEW YORK. Dec. ID (AP).-spot
nonferrous metal prices today: cop
per 81 cents q pound. Connecticut
York. Zinc 11z cents a pound East
81. Louis. Tin .O934 a pound, New
York. Foreign silver lie per troy
ounce, New York. Pittsburgh scrap
steel No. I heavy was quoted BY Iron
Evening star., 1962-12-13

Building Association, it was
announced today by President
Edward K. Jones.
Mr.. Whitlow has been with
Interstate Building since Feb
ruary IL this year and for 81
years previously was associated
with the District Title Insur-
ance Co. as auditor.
A native Of Washington, he
was educated in District schools
and has a masters degree from
BENJAMIN Franklin University.
Evening star., 1962-12-13
ODD-LOT TRADING

NEW YORK, Dec. I3 (AP).-The
New York Stock Exchange reported to-
gay these odd lot transactions BY prin-
chases Of 23S.23g shares: sales ~
~, ,S63 shares including 2.477 shares
Evening star., 1962-12-13
THE EVENING STAR
st s.4 Business, Stocks ,..S. %s'f.s,s. S:..L
Sovings Inflow Exceeds
Year Agoin D. CS6Ls,
Lending Activity Logs
BY DONALD b. HADLEY
Star Financial Editor

The net inflow of savings into 27 member associations of
the District Savings and Loan League exceeded year ago
November while the net outflow of funds mortgage loans
down. the monthly report from League President John
Stadter disclosed today
Holdings of Federal Government obligations and cash
Evening star., 1962-12-13
Interstate Elects
WhitIow Controller

Howard E. Whitlow has been
elected controller of Interstate
Evening star., 1962-12-13

Foster. assistant cashier, will
manage the branch.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-11

Winsome.
"a. So nice to come home to -.
our nyIon quilted dUster. Yoke
front and back. Flowers bloom on
the buttonhoIes. White, seofoom
or send. 10 to 10. 800
%. Her oII-oroUnd robe mo-
chine washable cotton corduroy.
Three roomy pockets. Christmas
red or peocock. 10 TO 18. 500
&c. She'll surely be on cloud 9
in q kitten-cUddly fleece robe.
80% Avisco ocetote-20% nylon.
Smoked yoke. cUffed "a sleeves
and two pockets. Wild Rose or
Poris Blue. 10 to 19. 500
70. Offering q pretty picture
every morning is our cotton cor
dono dvster with lovely Ioce trim.
Pink or blue. II to 20. 800
ProeticoI and pretty woys to soy
''Hoppy Holiday" :. all our own
"Woodleigh" brond slippers.
re. Cotton corduroy scUff set off
by soft sheorline. Blue, IiIoc, red
or cerise. S to 10; M. 2.oo
IF. Cotton plush bootie. White,
blue. Iiloc or cerise. S to 10. 400
&c. Cotton plush scuH with q soft
foom rubber sole. Block. pink,
blue or white. S to 10; M. 2.oo
III. A touch Of Midos on black
cotton velvet skimmers. Leather
soles. Made expressly for W&L in
Hong Kong. S to 10. 500
~. Cotton veIveteen with glenn
ing gold color. Leather soIes.
Made in Hong Kong expressly for
W&L. Black. blue. green or red.
S. TO 10. 2.o0
Budget Robes, Women's Budget Shoes
-. Washington, Bethesda.
Wheaton PIozo and 7 Corners
Kodiak mirror., 1962-05-18
3 Exchange Vows

Three couples were united in marriage this month.
 Mrs. Phyllis Sholl and Cecil Sholl, both of Kodiak, were mar ried May IA by Magistrate Mabel Fenner. They were attended by MT. and Mrs. R. A. Ekin.
 Miss Landis Marie Carey, of At lanta, Georgia and Ray Felton Payne, Chiniak, were united in marriage at the Community Bap- tist Church, May IA, with the Rev. Lewis White officiating.
 Attendants were Mrs. A. Kopun and David Mccormick.
 Shizuko Kimura of Seattle and Sueman Moon, Alaska Ice & Stor- age employee, were joined in we'd lock May IT, by Magistrate Fenner. Attendants were Dolly Rednour and M. M. Vega.
Kodiak mirror., 1962-05-18
Four Graduate At Afognak School

Graduation exercises were held Friday for three girls and one boy who completed the eighth grade at the Afognak grade school.
 Pupils receiving diplomas were Arlene Marie Garner, Sandra Marie Ponchene, Linda Mae Mullin and Spencer Lawrence Shaw. Per feet attendance awards were also made, as were All awards.
 Speaker at the exercises, which were well attended, was Rep. Gil JarVella.
Kodiak mirror., 1962-05-18
Mayor Declares Realtors Week

Realtor Week beginning Sunday May 20 and continuing through May 26 has been proclaimed by Mayor Merrill Coon.
 This observance is in line with the observance of the week by the Alaska State Board of Realtors and 1,400 member boards of the National Association of Real Es- tate Boards.
 Attention should be drawn to realtors who have raised the stan- dards of the business of real estate by adherence to code of ethics; their participation in community affairs; their aid to the community in housing, industry and commerce. "A great many of our people, hap oily and comfortably settled in their homes, owe a public thanks to the Realtor for his efforts in making home ownership possible for so many of us," Mayor Coon stated.
Kodiak mirror., 1962-05-18
Mrs. D. Tegstrom Visitor Rn Kodiak

Mrs. Doris TegStrom, of Anchor age, spent the past week here visit ing old time friends.
 The Tegstroms lived in Kodiak several years ago while MT. leg Strom was employed on the White Alice installation. He is with the City Electric of Anchorage, who were subcontractors on the job. He is presently doing electrical work for the same firm at the Alaska Ice 6 Storage plant now being completed
 The Tegstroms have made their home in Anchorage since 1854.
Kodiak mirror., 1962-05-18
High Schools Largest Graduating Class Given Diplomas In Ceremony Tuesday

fessional Women's Club scholar ships $2OO and $25O respectively;
 Alberta Mueller, the Seattle Beauty School tuition award; Linda Beck, Class of '62 award, with Karen
 Routzohn as alternate; Tom Atkins, Georgetown University scholar ship of $500; Roger Spinharney, Sheldon Jackson, $15O. Elks Youth Leadership awards were given to Kathleen Dawson and Joan Benson;
 and Gary Olson and William Rich ardson, 1st and 2nd place. Awards as the most valuable students were also won by Carolyn Rockstad and Gary Olson. The Rotary scholar ship was also won by Gary Olson.
Kodiak mirror., 1962-05-18
Teachers Receive Science Awards

Mrs. Melanie G. Draper, third grade teacher in the Kodiak Ele- mentary school has been selected to participate in the Summer In stitute in Science and Mathema- tics for Elementary School Teach CTS at the University of Oregon ln Eugene Oregon.
 The institute starts on June 18, and ends August 10. It is financed by the National Science Founda- tion.
 Hugh Q. Smith, High School Mathematics Instructor, was also awarded the same grant for sec ondary school teachers, and will attend the University of Alaska.
Kodiak mirror., 1962-05-18
Open House At
 The LOran Station

The U. S. Coast Guard Loran Transmitting Station, Sprucce Cape, cordially invites all residents Of Kodiak to its "Open House Sat urday,' according to It. R. L. Demichiell, Commanding officer at the station.
 Hours of open house which is held in observance of Armed Forces Day, are from am. to 1 pm. Coffee and doughnuts will be served during that time and all per sonnel will be available to answer any questions concerning the mis- sion and operational function of the unit.
 It. Demichiell pointed out that although small in personnel com pliment, the unit maintains over a million dollars of electronic equipment and serves all vessels and aircraft in the Gulf of Alaska.
Kodiak mirror., 1962-05-18
Kodiak Man TO Mine" For Gold

"The cry There's gold in them thar hills" has been replaced there's gold in them thar beaches" and by the belief that some of the beaches of Alaska contains the precious metal in sufficient quan- titles to dredge for it.
 The old familiar pan of the pros pector is being replaced by modern dredging equipment which will seek an estimated bonanza valued in the billions. Operations this sum- mer will stretch from Juneau to Nome, and will cover offshore beaches at Stephens Passage, Good News Bay and Norton Sound.
 One of the modern prospectors
Kodiak mirror., 1962-05-18

Forty-three seniors, the largest graduating class in the history of the Kodiak high school, were given their diplomas Tuesday evening in commencement exercises in the school auditorium.
 Dr. E. E. Hedblom gave the main address and Chaplain R. A. Vaug- han and Rev. M. Targonsky offered the invocation and benediction re- spectively.
 Scholarships and awards were given out to nine students by Sup- erintendent of Schools Ivor Schott. Centering his talk around the class motto Knowledge comes, wisdom fingers, Dr. Hedblom ad- monished the graduates to be pa tient and prepared, and to observe life in all its facets. He used Time magazine and its various depart ments such as art, education, re- ligion, the press, people, as means of developing "a well rounded talent" Referring to art, he said: ''This modern stuff doesn't send me"
 The speaker offered the advice to "take a look at yourself once in while. But don't go in for in- trospection without sense of hu- mor," he said.
 Winners of awards and scholar ships were as follows: Carolyn Rockstad who Eon both the Elm blem Club and Business and Pro-
Kodiak mirror., 1962-05-18

to come out of retirement to enter this stampede" for the illusive gold dust is former Kodiak resi- dent, Harry Gottschalk. He ex- poets to leave today for Nome where he and his "pardner" have leased about 180 miles of beach. The dredge and other equipment is there and drilling operations are now in progress, he says. It is necessary to drill down through about four feet of ice at present, but this, too, may turn out to be a new and successful method of re- covering gold.
 q just got tired of retirement" :"
 Continued On Page A
Kodiak mirror., 1962-05-18
Fireworks, ChiIdren's Races, Parade Just A Few Of Events Planned For 4th

The groundwork has been laid for the celebrating of the Fourth of July in Kodiak in true tradition al style.
 A big day of children's races, parade, a Pillar Mountain climb, boat races, midway, and a host of other packed events are in the planning stage, with the various service clubs and organizations joining forces to make the day success.
 The meeting Wednesday of a group representing all the organiz- ations of the City formulated plans for the day, with each organization accepting responsibility for one part of the program.
 Fireworks, too, are planned. This will be under the sponsorship of the Chamber of Commerce. The fireworks will culminate the days activities The latter includes a smoker, to be sponsored by the American Legion; the Rotary train, so popular during the Festival, will again be in operation; a parade is being organized by the Navy League; kids games will be handl- ed by the Elks Club; the marathon by the Shrine Club; ball game by the Little League; a dance on July 3rd, sponsored by the Elks Club and possibly a barbecue to be handled by the Outdoorsmen.
 Traditional flag raising ceremon ieS, complete with speakers, will be handled by Toastmasters. An all-out effort will be made by the American Legion to have the flag
Kodiak mirror., 1962-05-18

displayed throughout the City, and the stores decorated for the occa- sion. Also, boat owners will be asked to decorate their vessels on that day and fly the American flag.
 Great enthusiasm was displayed al the initial meeting Wednesday, and it was felt an all-out effort should be made to celebrate the day in true traditional style
 Another meeting has been called for Thursday, May 31 at the Elks Club, when reports will be given by representatives of organizations and plans finalized
Kodiak mirror., 1962-05-18
POPPY DAY NEXT WEEK

The annual Poppy Day sponsor ed by the Vetreans of Foreign Wars will be conducted Friday, May 29 on the naval base, and Saturday, May 26 in town.
Evening star., 1962-10-02

equipment to tell the true color of diamond.
This goes for evaluating accuracy of cutting too.
The most important single factor you can
Judge for yourself Your jeweler. So it's not
without pride that we show our customers our
membership certificate in the American Gem
Society, signfying specialized gem training and
high business ethics.
May we you?
Mem6er american Gem Society
Evening star., 1962-10-02

SIS million a year. The three
year extension of health re-
search facilities construction
would involve a total Of $50
million, and the student loan
program about $72 million, most
of which would be repayable.
Not Tied to School Loans
This bill has no direct con-
nection with the stymied legis-
lation for Federal grants and
loans to colleges and univer-
stiles for construction Of aca-
demic facilities and for some
student loans. Its fate in Con-
gress nevertheless may hinge
on whether House and Senate
conferees can work out another
compromise proposal,
The House rejected a con-
ference committee .recommen-
dation last month because 1t
contained q student loan Sec
ton in addition to construc-
ton grants and loans to pri-
vate and public institutions of
higher learning. The rejection
resulted to some extent from
opposition to Federal grants or
loans to church connected col
leges and universities.
Evening star., 1962-10-02

March by the House Commerce
Committee.
Leaders said today that ac-
ton even by the House seemed
unlikely because of the congress
sional drive for adjournment
and a controversy over Federal
funds for private and church
connected as well as public
medical and dental schools.
1O-Ycar Program
Urged by the Kennedy ad-
ministration, the bill would
authorize q l0-year program Of
Federal matching grants for
construction Of teaching facili-
ties for medical. dental, osteo-
pathic and professional health
personnel. This also could in
clude facilities for tratnin &
pharmacists, optometrists, pc
diatrists and nurses.
It would permit a five-year
program Of loans for students
Of medicine. dentistry and os-
teopathy as we'll as q three
year extension Of the present
program Of construction Of
health research facilities.
Estimated Federal cost of the
l0-year construction program
authorization would be about
Evening star., 1962-10-02

DR.. Hansen In support of a
teachers salary increase, the
Mississippi Congress a n
brought up the question of DR..
Hansen's own pay check.
DR.. Hansen's reply was that
life is uncertain. and that the
Board of Education might at
any time be forced to search
for a new school Superintend-
ent.
At the $4,000 salary level,
DR.. Hansen said. "the choice is
extremely limited"
Purpose Explained
Wesley Williams, chairman
of the school board, said that
the specific purpose of the pro-
posal is not to raise DR.. Han
sens salary, but instead to
increase the pay of the position
of school superintendent.
The school board chairman
said that the school super
intendent In Chicago makes
s47,500. In New York. the pay
is $4,000 and in Philadelphia
it is 100000.
The teacher pay bill pend
ing in the Senate would in
crease salaries by an average
of IA per cent. Salary legisla-
ton for policemen and tire
men would provide an average
increase of about II per cent.