davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-12-22


volving Polaris missiles that the
President concluded with Brit
ish Prime Minister Macmillan in
Nassau yesterday.
Based on the strategic con-
cept that nuclear defense of the
Western Allies is indivisible.
the Pact Of Nassau" provides
that:
/. The United States will sell
Britain Polaris missiles to be
armed with British-made nu-
clear warheads and fired from
British-made atomic subma-
rines.
2. Britain will make these
available for inclusion in a
NATO multilateral nuclear
force"
3. The United States will con-
tribute "at least equal" nuclear
forces directly to the projected
integrated NATO force.
4. The United States and
Britain are ready to subscribe
to NATO a part of their nuclear
forces already in existence in
order to make an immediate
start toward development of a
multilateral NATO nuclear de-
terrent power.
Family Reunion
Tn President flew to Palm
Beach for holiday season re-
union with his family late yes
terday after hammering out
the far-reaching arrangement
with Mr.. Macmillan in three
days of talks at Nassau.
He and the British Prime
Minister were described as con-
vinced that their Nassau meet
ing will become a landmark"
because of its contribution to
the strengthening of the nu-
clear defense of the Western
Alliance
Charles E. Bohlen, American
ambassador to France, flew to
Nassau yesterday to join the
President on his flight here
and remained overnight for
consultations to prepare him
self for efforts to help bring,
Gen. de Gaulle into the project
when Mr.. Bohlen returns to
Paris after Christmas.
The French President is ex-
pected to be invited to the
United States for direct nego-
tiations with Mr.. Kennedy
early in the new year.
In Paris. French officials
cautiously indicated that the
plan meets some Of Gen. de
Gaulle's demands on Western
nuclear strategy, but said an
official response may not come
quickly. the Associated Press
reported.
Many details Of the proposed
NATO nuclear force remain to
be worked out. In effect, the
Kennedy Macmillan agreement
is 10 offer NATO the nucleus
Of such a force. II will be open
to participation by all NATO
allies, those without nuclear
forces to throw into the pot
contributing manpower or fl
nancing.
Division Of Costs
American officials made clear,
however. that 1t will not be
a club that can be Joined for
nothing.
Any NATo member partici-
pating in control OF the prof.
ected multilateral nuclear force
will be asked 10 contribute its
fair share Of the cost Of that
force without cutting back on
See CONEERENCE par. Al
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-12-22
CHURCH GIVES
GIFTS TO NEEDY

SOME 5000 new gifts, con.
tributsd BY 10 orso churches. ore
being given 10 the sick and needy
in the District by the Luthsron Inner
Mission Society. The sOeisty's efforts
TO moks chhstmos brighter Is leo.
tured on tOdOy'S church poss,
Poss AS.
Hove The Stor Delivered
Dolly and Sunday
Diol Lincoln $4,000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-12-22
Weather Forecast

District and vicinity-Partlal clearing, low
around 20 tonight. Considerable cloudiness
tomorrow. high in the lower 40s. High,
80, at 1901 am; low, "a, at 6 am.
Full Report on Pose Az
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-12-22

complex missile can work de-
spite what some critics have
said about its capability.
The Kenai Peninsula cheechako news., 1962-03-09
SaEvaged Fishing Boat
Ready Tor Service Again


INC 0e ofollisis y nov as
Izaflsaefas7ssh aaeA OUTSIDE q
kellaI where g viii remain o5ef
the Weekend WAITING Tor the ice
II The Inlet q settle down af5ef
the lafgeF lee Toes nave aeen
carried cut 9y 9ae high waters
LIVING quarters on Ihe boat are
also e receive completing touches
over tae weekend
me boat y leaving carry hex1
week % JON the Rose Mare
ard otter vessels ln me efaa
fishing fleet working out O SET
d9xia.
g3n9Fa, who came e Kena5
from Homer with his fa5f4ily 1ef
fiye=daY trip 70 pick up his bout
has remained Fer live months 5tlz
stead with The exception Ct time
spent e the hospital IS has
nov decided 20 nittSe iiIs Hs555Ia
net3t nome ~ heaa where eiae
people arg 50 @oilaeta g
me ezaeafe community gave
s saels=5aesa.zse9 support e ezs ss7az
1asss55asss owners q 9lae aszsss
6ilstz we're sunk. a fiea1 tie
Boat bef1eH1e sinorgas ho1sa he'd
on Nov. = was co-sponsofed by
The Kenai Peninsula cheechako news., 1962-03-09
Fair Flights Set

GoFdoEa AiFlines viii have
charter flights operating during
the month of June to Seattle and
the Century u Exposition.
The special flights viii be fer
trims Of five days and viii include
one day eHfaHee to the Fair. ore
day returning and three days at
Seattle
!. q. $ sssasa ems may De made
by contracting Red" Grange, Cor
dova.s Seattle manager. phone
262-4I01 OF 282 1851.
The Kenai Peninsula cheechako news., 1962-03-09
N.Kenai Road
Job Bids Opened

A Seattle firm entered the ap=
parent low bid for the grading
and drainage ef 81 miles Of the
North Kenai Extension. northeast
of Nikfslaka. Cheney Construction
Company bid of S5e.776 was al
most $4,000 less than the project
cost estimated by State engi-
neers
1. D. Wilson, deputy commits
sioner of the State Department
Of Public Works, said Ghenegs
Bid was the lowest of seven read
at the Feb. % bid opening ses-
sion. He said an eighth bid was
received, but was not read when
It was found It did not meet all
bidding requirements.
According to specifications on
the project, the successful con-
tractor viii be required to COM
pIete the project within ITO work
ing days after he receives notice
to proceed
Other bids received were from
Rivers Construction Company,
Inc, Fairbanks, S595,787; Chris
Berg, Inc, Seattle, $644, 725; Nor
rison=Knudsen Company. Inc, Sc
attic, s647 .0e; S. s. Mullen. Inc.
Seattle ggdd 2es, MR. fan4s.as.4sz
The Kenai Peninsula cheechako news., 1962-03-09

The Bering Strait and Beriag
Sea bounding the west coast of
Alaska we're named for Danish
explorer Yitus Bering, who en-
plored the area for Russia IN
174I.
The Kenai Peninsula cheechako news., 1962-03-09
DID YOU KNOW?

More than $100, 100000 worth
of gold has been taken out of the
Nome area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
United AirIines
Sets Record

United Air Lines announced
yesterday it set q new record
for local passenger boardings
last Friday when the company
carried 1929 passengers from
Washington area airports.
]. j. DAWN, United's district
sales manager here, said the
figure was "A higher than the
previous record Of 3,155 pas
Sengers, boarded at National
and Friendship Airports on De-
cember %, 1861. Mr.. DAWN said
United also set a new weekly
record for local boardings,
carrying 1924 passengers June
% to %. This was an increase
Of 1892 passengers over the
previous one-week high Of IT,
072 recorded June Is to % OF
this year.
Mr.. DAWN said the local fig
ures were set at the same time
United was recording the first
$4,000 passenger day in the his
tory Of commercial airlines. The
company carried 50,465 pas
sengers last Friday, SURPRISING
by LAO passengers the previous
industry record for q single day
set by United on June is, 1862.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
PEOPLE
BUSINESS

Donald A. Karecki of Delhi.
NY, has been named assistant
director Of Dow Jones g. Co..
Education Service Bureau. He
will be located in The Wall
Street Journals Washington
office. Mr.. Karecki formerly
was on the business division
faculty of New York State Uni
verSity where he taught courses
in business management and
marketing.
Howard A. johnson has been
named director Of Operations
Model Evaluation Group
(OMEGAO, an air-war simula-
ton and gaming group operated
by Technical Operations, Inc,
for the Air Force. The appoint
ment was announced by James
l.. Jenkins, director of Tech
Ops Washington REESE arc II
Center.
Carroll r. Bennett has been
named to the newly created
position Of executive assistant
in the freight sales department
of the Baltimore and Ohio
Railroad in Baltimore. Also,
Roland E. P0ore has been ap-
pointed manager of sales de-
velopment at Baltimore.
Ned Creekmore, owner of
Sunk Glass Uniting of North
ern Virginia. 1923 Haycock
road, Falls Church, has been
named exclusive Sunk dealer
for the Northern Virginia area
by the American Glass Tint
ing Corp. Of Houston, Texas.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Printing Concern
Plans Expansion
At Rockville

The Campbell Printing Co.
will start construction Of a
m o dern 1900 = square foot
plant in the Southlawn Office
and Industrial Center at Rock
vile, Md, tomorrow, 1t was an
nounced today by President Cy
Campbell.
The Rockville firm prints the
Montgomery County Sentinel,
the Maryland News, the Be-
thesda and Silver Spring Ad-
vertiSer, the Catholic Standard
and other publications.
1t expects to move into the
larger quarters in January, Mr..
Campbell said. Stanley T. Lewis
is the architect and Clark q
Chapman is the builder.
The new project was negoti-
ated and planned under the d.
rection of John (Tree) Adams,
who has developed the South
lawn Center with Roger w.
Eisinger. jr.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Zunuck Asks
Fox Meetino

NEW YORK. July 8 (AP).-
Producer Daryl F. Zanuck, a
heavy stakeholder in goth Cen
tury-Fox Film Corp, demanded
yesterday a special meeting of
the company'S stockholders
within 80 days.
Mr.. Zanuck wired his request
from Paris to SpyroS Skouras,
retiring president, and Samuel
1. Ro6enman, chairman.
Mr.. Skouras had been under
pressure for many months.
The company lost $22.5 million
last year.
Mr.. zanuck asked that the
stockholders consider pro-
posals to:
Provide that only the stock
holders shall have the power
and authority to increase or
decrease the number of direc-
tors and to elect additional
directors.
Increase the number of di-
rectors from IL to "a.
Elect directors to fill such
vacancies as exist at the time
of the meeting.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03

Lie 1AcW ICCOIQ COAuPdIc'
last year and was well ahead of
$50, 542, 1928 last December 81.
Invested savings also set a
record of $79,674,702 at mid
year, up IA per cent from $69,-
765,570 on the same 1861 date
and well above $73,510,743
last December 81, Mr.. Kefauver
reported.
First mortgage real estate
loans amounted to $77,064,813
on June 80, a gain of is per
cent from $67,061,2 40 a year
earlier. They compared with
$73,316,576 at the end Of 1861.
Reserves and surplus totaled
$4,937 1856 on June 80, a gain
of IA per cent from $4,331 PAL
a year earlier and well ahead
of $4,616,611 on December 81.
Mr.. Kefauver said new con-
struction to greatly enlarge
Columbia's main office at 100
Eleventh street NV. is under
way and is expected to be COM
pleted about March /. -Four
floors are being added to the
present two floors and meg
canine.
Columbia also has offices at
1901 Wisconsin avenue NV,
1726 Pennsylvania avenue NV.
and 1926 Alabama avenue Sc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Coast Firm to Open
Alexandra Division

Data-Design Laboratories of
Ontario, Calf, has announced
the opening next Monday Of its
Eastern Division at TIC Church
street in Alexandria.
Data-Design's new Eastern
Division will be co-managed by
Ray Simmons, who recently
moved to the area from the
home plant in California, and
Robert A. Wood. a long time
resident Of Alexandria.
Data Design Laboratories Is
an Independent corp orator
specializing. in the preparation
of technical manuals, training
publications and aids, technical
motion pictures, and training
and educational services per-
tanning to complex electronic
gear. ancillary systems and
euuipment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
YOUR MONEYS WORTH .
denomination
In U. S. Problems
BY SYLVIA PORTER

money easy, too, and maintain
the worlds confidence in the
dollar"
These are about the only
significant policies we haven't
tried to date to solve our prob
lens. We've not used tax cuts
to spur the economy. We've not
permitted money to tighten in
a time of sluggish business; on
the contrary. easy money has
been a major way we've tried
to spur business.
These are the policies which
could be answers to both faster
economic growth and a stable
dollar - if those in charge Of
the policies can explain them
plainly enough at home and
abroad so that their aims are
not thwarted at the start by
misunderstanding.
Distributed 1852 by The Hall
Syndicate. Inc. All Rights Reserved
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Chalk Reports Drop
In Transit Profits

Although operating revenues
were slightly ahead of a year
ago. net income of the D. C.
Transit System dropped to
$76,16 in the first four months
of this year, compared with
$111,891 in the same 1851 Pc
Rod, President o. Roy Chalk re-
ported yesterday.
April net income was $177,-
1852. compared with $239, 1929 in
April last year, Mr.. Chalk said.
Four months revenues totaled
$e,737,970, compared with So
660,017 a year ago. April reve-
nues amounted to $2,617,545
VS.. $2,540,337.
Mr.. Chalk said revenue pas
sengerS totaled A, 1885, Asst in
four months VS.. 43,749,864 in
the same 1861 period. April
passengers totaled 1l,394,472
VS.. II, 149, 466.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
TraiIways0Ks.
Bus Purchase
ForS1.1NiIIion

Directors of Safeway Trail
ways of Washington and Trail
ways Of New England approved
the purchase of new buses cost
ing more than 81 million at a
meeting here yesterday.
OF "a new buses valued at
$1.176,000. Safeway railways
will get 16 and railways of
New England will get eight.
Six will be of the Golden
Eagle design and cost $4,000
each, and the others will cost
$4,000 each. Delivery is ex-
pected early next year.
Charles B. McInnis, partner
in the Washington law firm of
Roberts & McInniS, was re-
named president of Safeway
railways, Marvin E. Walsh was
renamed executive vice presi-
dent. secretary and general
manager of Safeway railways
and also president of railways
Of New England.
Davis S. Marshall, a veteran
Of SO years in the bus industry,
was elected treasurer of both
companies. He formerly was
chief accounting officer for
Safeway railways and has
been employed by Carolina
railways and Virginia Trail
ways in accounting positions.
Formerly a resident of Char
lottesville, Va, he now lives in
Washington.
Reelected to Safeway posts
were James L. JeSSup, second
vice president; William A. Rob-
erts, third vice president; Roger
H. Muzzall, assistant secretary,
and Mrs. Marion L. Miemietz,
assistant treasurer. Mr.. Rob-
ertS also was reelected third
vice president of the railways
Of New England.
Other reflections for Trail
ways Of New England were;
Mr.. McInnis, first vice presi-
dent; James w. Powell, sec.
ond vice president, clerk anc
general manager, and Samue,
L. Hash, assistant secretary.
Claude A. Jessup of Char
lottesville, Va. was reelected
chairman of the board repre-
senting both companies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
u. S. Chamber Hits
Tax Proposals

The TreaSury's new tax pro-
posals on earnings from foreign
investments would discourage
further investments abroad
even in less-developed coun-
tries" the United States Cham
Der of Commerce indicated to-
day.
The proposals ARE so drafted
as to prevent United States
controlled foreign corporations
from competing on equal terms
with foreign-owned corpora
tons on foreign SOIL" the
chamber maintained, adding
that it is as interested as Con-
gress in stopping tax losses.
Views of the chamber we're
expressed in testimony pre-
pared for delivery to the Senate
Finance Committee by Walter
Slowinski. a partner in the
Washington law firm of Baker,
Mckenzie and Hightower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Nations Business
Names WOODBRIDGE

Jack Woodbridge has been
promoted to managing editor
of Nations Business magazine
and will assume the duties Of
Paul McCrea, who retired last
week as executive editor after
80 years with the magazine.
b Mr.. Woodbridge, A, has been
associate editor of Nations
Business since joining the staff
early in 1860. Previously, he
was with the Wall Street Jour-
nal for seven years directing
news coverage in the WASH
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Allegheny Pepsi
Lists Dividend

Allegheny Pepsi-C Cola Bot
ting Co., Inc, has declared a
quarterly dividend of 5 cents
per share of common stock,
payable July 6 to stockholders
of record July 3.
The dividend was reported
by Morton M. LapideS, presi-
dent and chairman of the
board.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Eighteenth Street
Lease Is Siqned

English Language Services,
Inc, which operates training
services for various government
tai agencies at % locations
around the world, has signed
an eight-year lease on a build
ing at 800 Eighteenth street
NV. The building, to be used
as the organizations interna-
tional headquarters, is owned
by Martin Laffal. The company
will move from its present loca-
ton at 919 Eighteenth street
NV. in September.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
metropolitan Federal
Shows Gains in Year

Assets of Metropolitan Fed
eral Savings and Loan Asso-
citation Of Bethesda reached q
new high Of $12,718,Se8 on
June 80. an increase Of is per
cent from $11,053,540 q year
ago, 1t was announced today.
Invested capital totaled $l0,-
112.664. an increase of 90 per
cent from $9,226, 998 on June
80 last year. First mortgages
amounted to $11,570.706, up
16.5 per cent from $9,923, $50 q
year earlier. Reserves totaled
1921, $40. a gain Of 30.6 per cent
from $398,947.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
DiMonno Promoted
By Suburban Trust

Daniel DiManna has been
named manager of the personal
loan department in the Mount
Rainier office of Suburban
Trust Co.
Mr.. DiManna is a resident of
HyattSville and has been with
the bank since 1854.
He is a graduate Of Brown
University and served in the
Air Force in World War II. He
has completed two graduate
courses of the American Insti-
tute of Banking.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
METALS

NEW YORK, July (AP).-Spot
non-ferrous metal prices today: Copper,
81 cents a pound, Connecticut Valley
Lead, ga, cents a pound, New York.
Zinc, liz cents a pound, East ST.
Louis. Tin. Liz a pound, New York
Foreign silver. l.O3K per troy ounce,
New York. Pittsburgh scrap steel No
l heavy was quoted by Iron Age at
%, OO-26 90
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Greyhound Dividend

The Interstate Commerce
Commission authorized the
Greyhound Corp. of Chicago
today to issue up to 679,1l7
shares Of common stock at 81
to be distributed as a S per cent
stock dividend.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Found 1t Works

The worlds central bankers
are telling our officials, in ef-
feet, I'VE don't worry about
budget deficits you cause by
tax reductions to give incen-
tives to your businessmen and
consumers to spend, We have
done this ourselves and found
it works. Nor do we worry
about a new initiation spiral
In your country's environment
now.
What we worry about much
more Is another United States
recession which would make
your dollars position intoler-
able and drag us all down. But
If you go in for aggressive
stimulation of your economy
by fiscal (tax) policy, you also
must go in for more restrictive
monetary (credit) policy. You
can't run huge deficits, keep
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03

ington Bureau. He lives in Falls
Church.
Nations Business. published
by the Chamber of Commerce
Of the United States. has more
than 10000 subscribers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
OVER COUNTER

, Following prices furnished by the Ma.
nonaI Association of Securities Dealers
In Washington represent the range within
which locally active securities could have
been been bought or sold at II am, July ),
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
Columbia Federal Sets
Mid-Yeor Record With
$50 Million in Assets
BY DONALD B. HADLEY
star Financial Editor

Assets Of Columbia Federal Savings and Loan Association
reached atime peak of $90057618 June go with
gain of IL cent from President Clarence E.
Kefauver announced today.
The new record compared with $50 9os on June 80
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03

Never before have the United
States Governments financial
policy-makers had to face these
two problems simultaneously:
How to help spur a sluggish
economy at home through bold
actions which would deliber-
ately create big budget deficits
and, how, at he same time, to
make it clear to our foreign
creditors that we are not pur-
suing financially irresponsible
programs. If these creditors
withdraw the enormous totals
of short-term funds they hold
in our markets they could I'M
dermine the dollar.
An approach hitherto untried
here is being intenSively
studied at the highest levels in
Washington now.
l. To spur the economy at
home: acroSs-the-board tax
cuts for both individuals and
corporations. The plan is to try
to offset the tax losses through
some "loophole closing" but it
is acknowledged the tax slasheS
would considerably increase the
budget deficit in the 1868 fiscal
year which began Sunday.
2. To protect the dollar by
preventing a devastating with
drawal of hot money" by
foreign creditors by following
credit policies that the worlds
central bankers recognize as
traditional and appropriate in
a period Of major budget def
icits. Specifically, the Federal
Reserve System would restrict
credit, easy money" would
fade into tighter money"
interest rates would rise.
Attractive Interest
This would not only reasSure
the foreigners who hold more
than $23 billion of Short-term
funds in our markets of the
dollars solidity. 1t also would
make them want to keep their
funds here to earn the attrac-
tive interest rates that would
be offered on short-term Gov
eminent obligations.
This is what would be in
volved:
Fiscal policy would take over
as the key stimulant to the
economy. This means tax cuts,
budget deficits, far more money
being poured into the economy
by the Government than is be-
ing taken out in taxes.
Monetary policy simultan-
eously would take over as the
key guardian of the dollar.
While credit would be available
to take care of the needs of
our businessmen and con-
sumers, the cost Of the Dor
rowing would rise moderately
and interest rates on short
term Government securities
would be high enough to hold
hot money" In the United
States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
FOREIGN
EXCHANGE

NEW YORK, July 3 (AP).-Foreign
Exchange rates (Great Britain and
Australia in dollars. other in cents
and decimals Of q cent?:
ToGay Prev Day
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
TREASURY BONDS

NEW YORK (AP)-NOon over the ,coun.
Yer U. s.. Government Treasury bonds,
bid, asked, net change and yield for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03
AMERICAN STOCK EXCHANGE
Sales High Low 200 Chg.

ISSUES
CSymbOs Following
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-03

T-Partially tax exempt.
The Farmville herald. (Farmville, Va.) 1957-current, 1962-10-23
More Nov. Is
More Nov. Is
Hearing Held
Friday In
POwhatan Case

Procedural arguments were
heard in the Federal District
Court Friday on an injunction
being sought in the PoWhatan
school case. Judge John D. Butz-
ner, Jr., set November IS for
arguments on whether an iniunc-
ton should be issued to restrain
PoWhatan officials from alleg-
edly using race as a basis for
denying three Negro children en-
try to white schools in the
county.
The PoWhatan school board
moved to have the court delay
any action on the case until the
Richmond Circuit Court renders
decision as to what group has
the responsibility of determining
the genuineness of the applica-
tons for transfer The school
board has asked the Richmond
court for a declaratory Judgment
stating that the local school Of
ficials have no duty to deter
mine the validity of the applica-
tons. No date has been set for
the hearing in the Richmond
Circuit Court.
Collins Denny. Jr.. counsel for
Continued on page y