davidaulloa/AmericanStories huggingface dataset:
Holmes County herald., 1962-05-03

the night and carried Mr..
Willie Spencer to the hospital
at Keesler Field Thursday.
Mr.. and Mrs. Walter Kuhn
and Walterine spent Saturday
in Jackson with Mrs. Grace
Ray.
Mr.. and Mrs. Gene Ables
of Yazoo City and MI. and
Mrs. Louie Edwards spent
Sunday with Mr.. and Mrs.
Joe Gilmore.
Mr.. and Mrs. Robert Rogers
and children spent Sunday
with Mr.. and Mrs. Taylor
Mobley in Yazoo City.
Misses Peggy Winstead and
Sylvia Cannon were dinner
guests in the home of Mr.. and
Mrs. Walter Wigley and fami-
ly Sunday.
Mrs. Byrd Ables is spend
ing the week in Kosciusko
with her mother, Mrs. Ella
Ellington, who is i'll.
Mr.. H. 0. Pettus visited
Mr.. Claude Harthcock and
Mr.. Mcintosh in the hospital
Sunday.
Mr.. and Mrs. Hudson Stub
lefield of Benton visited in
the home of Mr.. and Mrs.
Bllbo Marshall Sunday night.
Mrs. E. H. Robertson. Mrs.
Stacye Hartzag and Mrs. E.
Pettus went to Yazoo City
with Mrs. H. O.. Pettus Sat-
urday.
Mr.. D. H. Webster and Mr..
Byrd Ables transacted bust
Holmes County herald., 1962-05-03
HOLMES COUNTY HERALD, LEXINGTON, MISSISSIPPI

Celia Anne Dunn, Sally Bar
rett.
Everyone is cordially invited
to attend.
Holmes County herald., 1962-05-03
Visit Relatives

Visit Relatives
Mr.. and Mrs. Raford Wat
son and her sister, Mrs. John
Vallee of New Orleans, visited
relatives in Jackson Tuesday.
Visitor From Texas
Miss Mary Arlyn Young of
Tyler, Texas spent the Easter
holidays with her parents, Mr..
and Mrs. Roy Young.
Holmes County herald., 1962-05-03

From Jackson
Mr.. and Mrs. Jimmy Holt
man of Jackson were Satur-
day guests Of Mrs. c. A.
Moore.
Holmes County herald., 1962-05-03

Miss Beth F1owers, accom-
panied by Harry Lebow of
Baltimore spent the Easter
holidays with her parents. Mr..
and Mrs. Herman Flowers
Holmes County herald., 1962-05-03

ton
Mrs. E. O. Jones, Lexington
Mrs. Guy Moffett, kosclus-
Mr.. Claude Harthcock, Tchu-
Mrs. Sally Kate Rosson, Dur
ant
Mr.. F. C. Mcintosh, Lexing-
ton
Mrs. 0. S. Williamson, Lex
ington
Mrs. M. l.. Harrison, Lexing-
ton
Mrs. E. K. Wright, Pickens
Mrs. Billy Rutledge, Lexing-
Baby Boy Rutledge
Baby Boy Mcbride, Durant
COLORED:
Alberta Phillips
Sally Ann Marshall
Ozie Clark
Oracle Weatherspoon
Lille c.. Raymond
Temple Ellis
ChuffuS Horton
Lee Henry Young
Charlie Collins
Milton Tilman
Holmes County herald., 1962-05-03
ness in Greenville Monday.

Mr.. and Mrs. Leslie Ables
and son of Jackson spent the
weekend with his parents.
Mr.. and Mrs. Earl Ables.
Holmes County herald., 1962-05-03
BY Mrs. Henry Webster

We are sorry that Mrs. F.
c. Mcintosh had to return to
the hospital Saturday. We
are also sorry that Mrs. Bid
die Hocutt had to return to
the hospital Sunday. Friends
wish for these two a speedy
recovery.
Mrs. Stacye Hartzag spent
Friday and Saturday with
her mother, Mrs. E. H. Ro-
bertson.
Visitors in the home of Mr..
and Mrs. Avis AbleS in
Thornton Friday night were
Mr.. and Mrs. Jim Tolar and
girls and Mr.. and Mrs. Doy-
lie Rogers and family.
Mrs. Edward Chisolm,
Mrs. Oscar Rogers, Mrs.
Henry Webster, and Vera Ann
visited Mrs. Aubrey Abel and
Mr.. Otis Harthcock in Yazoo
City Hospital Sunday evening.
We also visited with Mr.. and
Mrs. Zeigler and family.
Rev. Jimmy Jackson was a
dinner guest in the Truitt
Kinard home Sunday. Mr.. and
Mrs. Sam Kinard and daugh-
ter of Yazoo City visited with
them in the afternoon.
Mr.. Fred Miles of Biloxi
came Wednesday and spent
Holmes County herald., 1962-05-03

Mr.. and Mrs. Eddie Lee
Nation and son of Canton
were supper guests in the
Obbie Lee Killebrew home
Sunday.
Holmes County herald., 1962-05-03

All the boys and girls of
Coxburg enjoyed the All
Club Rally in Durant Satur-
day. Mr.. Sanders Richmond
and Mr.. Paul Fulton carried
them to the Holmes County
Park to skate for a while
before returning home. Tom
my Pierce received a loving
cup in the Jr. Public Speak
ing Contest and Linda Dick
ard won a trophy for song
leading.
Mr.. and Mrs. L.. Roberts
of Benton spent Sunday after
noon with Mr.. and Mrs. F.
G. Mcintosh.
Holmes County herald., 1962-05-03

Mr.. Fred Miles of Biloxi
came Wednesday and spent
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-10-18
County Aides
Confer With
POOlesvilIe

County officials will soon
start comforting with Poolesville
officials on their water and sew
er problems by way of lending a
helping hand to the community
that recently voted down a ma
jor annexation proposal.
Part Of the inducement held
out to Poolesville voters when
they were asked to approve the
annexation was that the annexa.
ton plan could ease the towns
water supply problems.
County Council President
David Cahoon said this week
county aides will confer with
town officials and the County
Council itself will sit down with
the Poolesville town council at
later date - sometime after
the November 6 election - to
see if the county government
can help the town.
State health department off.
Gals have estimated that 80 per
cent of the Poolesville water
supply is contaminated as a
result of poor drainage condi
tons for septic tanks.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-10-18
National Group
Takes i'm I8 Here

Eighteen Montgomery County
youths have been accepted as
junior members of the Holstein-
F'riesian Association of America
at Brattleboro, VT.
They were qualified for the
Certificate of Merit and Junior
Membership pen through sue
cessful dairy project work with
registered Holstein cattle.
Accepted were Mango King,
Paul L. Doody jr., Jesse Lee
Doody, George Doody, Timothy
Crawford, and George Crawford
jr., all of Germantown; Caroline
Warfield. Robert Stotler, Ron
ME Savage, Pat Robertson, Eu-
gene E. Mills jr., Kaye King,
and Donald Burdette. all of
Gaithersburg; Kathleen B. King
of Rockville; John r. Mott and
Robert c. Beall, both of Clarks-
burg; and Diane E. Savage and
Robert N. Covell, both of Boyds.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-10-18

Mrs. Frederick l.. Price of
Gaylon Acres, Redland, is recu-
perating at home after surgery
at Suburban Hospital. Visiting
her mother, is Mrs. Jeanne Price
Anderson and son Michael of Lee
at Suburban Hospital visiting
banon, Mo.
Mrs. Harry Reinsch of Apple
wood Lane, DeIwood, is con-
fined to her home as result
of injuries sustained when she
fell on the bleachers during the
Gaithersburg- Northwood game.
Mrs. z. F. Warnke of st.
Petersburg, Fla. is spending a
week visiting friends in Wash
ington Grove. Mrs. Warnke is
a former Grove resident.
Mr.. William Clifford of New
York City, son of Mrs. Marie
Clifford of Summit Ayce., Gath.
ersburg, has received a grant
under the American Specialist
Program of the Office of Gull
tIIral Exchange i'm the State
Dept. Mr.. Clifford will spend
six months in the Orient work.
ing with writer's and translators
from many countries.
End. 1t. William E. Young
USAF, visited at the home of
his mother, Mrs. Henry Young
of Is Water ST., Gaithersburg.
1t. Young is being transferred
from Chanute Field, Ill. to Lore
do Air Force Base, Loredo,
Texas.
Pvt. Richard Wayne Hamilton,
USING, is visiting his parents,
Mr.. and Mrs. Benjamin Hamil-
ton of Derwood. Pvt. Hamilton
is stationed at Camp LIE Jeune.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-10-18
School Staff
Figures Low,
TOTS Says

Figures released by the Truth
On The Schools Committee of
Montgomery County indicate
that the stating ratio in the
central office of county schools
is the lowest of any of 16 areas
studied.
The rate i'm Montgomery
County is Lie staff members
per LOCO pupils, compared to
LBS and FOL in nearby areas
of Baltimore, and Richmond,
Va, respectively. The area
with the highest ratio in the
study was Allentown, Pa,
with 500.
Others in the study were New
York, 1875; Philadelphia, 2.55;
Milwaukee, 2.74; Columbus,
Ohio, 1.S9; Oklahoma City, 1874;
Tucson, Ariz., 1.78; Berkeley,
Calf, 1.S5; Oakland, Calf, 2.45;
Pasadena, Calf, 3.02; Denver,
1872; Hartford, Conn, 2.45, and
Elizabeth, NJ, 1.93.
Headed by past presidents of
the Montgomery County Coun-
Gil of P-TAs, the Truth On The
Schools Committee has taken on
the task of setting the record
straight when local school board
and couny council candidates
make mistatements during the
campaign.
The figures on the ratio of
staff personnel to pupil was
recently cited by a candidate
as being too high and out of
line in Montgomery County.
while some statements are
based on error and honest lack
of understanding, others are de-
iberate falsehoods," according
to Joe Els, executive secretary
of the committee. Either way,
the public is entitled to receive
the truth and we intend to re-
lease factual information to set
the record straight"
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-10-18

81. Martin S turkey supper VIII
be served, country style, at the
Ag Center on Saturday, 4 to
pm. Adult tickets $1.75, children
under IL, SIS. There will be a
bake sale and country store.
The Mission Commission OF
Grace Methodist Church will
sponsor snack supper on Nov
d. Reverend Ted Bowen OF
Washington, DC. will talk on
city church mission work. Every.
one is welcome.
The Chapel Committee of
Ascension Chapel met at the
home of Mr.. and Mrs. Frank
McCathran on Oct. 10.
st. GATHERINGS Guild of AS.
cension Chapel met on Oct. II
at 8 pm. at the Parish Hill.
The Rockville Gaithersburg
area WSCS zone meeting will
be held at the Epworth Meth.
odist Church on Oct. "a at 1880
am.
The Gaithersburg Elementary
School P-TA held it's first meet.
ing on Oct. Is. The evening be.
gan with "open house" from
1880 to 8 pm, the business meet.
ing began at 8 pm. Mrs. Louise
Deppa, president, conducted the
meeting. Mr.. Dewey De Daire,
principal, introduced the teach.
ers. Refreshments were served
after the meeting.
Mr.. Donald Magruder, man.
ager of the new Gaithersburg
Safeway store is happy to an.
nOunce that the grand opening
was a tremendous success. Safe.
way served 10000 free hot dogs,
800 packages of free dOnuts and
gallons of free coffee. The
Pepsi-COIa Co. served more free
Pepsi than they had ever served
at one opening.
The community welcomes
new residents: DR.. and Mrs.
Walter Lesiew and daughters
Kristy and Jane of Rosement.
DR.. Lesiew, a psychologist, is
employed by IBM. The family
formerly resided in Omaha, Neb.
Mr.. and Mrs. Marcel Demers
with their seven children are an
interesting addition to our com.
munity. The six children in
school speak fluent French, but
no English. The family moved
from Montreal, Quebec, Canada,
to Needwood Road in Dermood
Mr.. Demers is employed by
Quality Dry Wall Inc.
Mrs. Grace Baggott and son
Elmer, formerly of Rockville,
have moved into the former
Isenberger residence on Wood
ward Store Road. Mr.. Baggott is
employed at the Wheaton Post
Office. Mrs. Baggott is a long
time resident of Montgomery
County and has many friends in
the area.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-10-18
Gaithersburg- Washington Grove
Annual Halloween Party
Is Scheduled for Oct. 81
BY Ellen Bitely
WA. 6-2O25

The Gaithersburg Lions Club announces the annual
community Halloween party will be held Oct 81 in the
old Safeway parking lot costume contest will be held
for all age groups This year the party will feature
contest Local merchants will donate prizes This Lions
extend special invitation to residents gala
ing is planned. Mr.. Richard Staiger is chairman.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-10-18
Baptist Men Meet

The men of the First Baptist
Church of Rockville will meet
in Fellowship Hall at 7:30 pm.
Saturday for their monthly
breakfast.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-10-18
s;SNsS1

Ladies, are you bored with every
thine7 Try US for a new hair style
especially for you from Congressional.
Evening star., 1962-10-07

CONTINUED on Next Pass0
Evening star., 1962-10-07
HELP WOMEN
Receptionist- -$340
Front Desk

girl w/glowing PERSONAL
ity. wanted for this plush Conn.
ave. office, II you can type, and
want Variety" this is the spot
for you. PEGGY TOWNE PER-
soNNEL, 229 shoreham Bldg, ST,
Evening star., 1962-10-07
REAL ESTATE SCHOOL
FREE TUITION

And placement service to those Who
qualify. We can place % students
with REALTORS in D. c., Nd.
and We. THE WASHINGTON REAL
ESTATE a INSURANCE SCHOOL.
INC, 500 Bond Bids. Phone SIS
Evening star., 1962-10-07
PRESSER
(coNrlNUeD)

AND SILK FINIsHER. Some over
time work; IA, Aa,ssS-7Ss5SSS; SsSS oIuDS uH.
ts7e2aa e2aa7dAbAa IA ssts' 2lsesd ana Suns. szs;s'ssPP sP
Evening star., 1962-10-07

SECRETARY = A most interesting
and attractive position for a
young. very bright girl with ex-
cellent verbal aptitudes and good
steno. and typing. She must have
the ability to adapt to occasional
legal and technical dictation. Some
college or business college pre-
ferred. Age 20-30. Basic ability
and potential more important
than length experience. TESTS
given). This Job presenta q fine
opportunity for q. highly intelli-
gent, ambitious girl to learn a
great deal and to develop rapid
ly as, No. 2 secretary in the
Washington headquarters of an
international firm. Large company
advantages in a congenial small
office atmosphere. Desirable. con-
venient location. in large modern
office building. Weekly earnings
500 plus comprehensive. COM
pany financed benefit program,
Please reply fully in strict con-
fidence giving details Of educa-
tion. experience, birth date. and
other personal data, telephone
numbers, etc. Box 500-E, Star.
Equal opportunity employer.
Evening star., 1962-10-07
INSTRUCTION COURSES

AAAA RATED, IT'S ToPsi TOPS!
ABC's ALL REALTY Exams
In a Homel Businessl Land
Earn S10-S15,000 Yr. Any Timel
Evening star., 1962-10-07
HELP DOMESTIC
tcoNTlNUEol

MAID, LIVE IN. other help en-
ployed. Must have excellent ref
erences and be able to sew. Top
salary Call FE. S-lSS6
Evening star., 1962-10-07
HELP WOMEN
SALESMANAGER

$500 plus oportunity. Large ma
tional direct sales firm has open
Ing for an aggressive lady, 25-40,
to recruit, train and manage sales
force of women in local territory.
Local travel only. Sales expert
enee and car necessary. Excellent
starting ARRANGEMENTS can be
available during training period.
For personal interview write Box
4h2-E star
Evening star., 1962-05-22

with buying and selling securi-
ties.
The order yesterday was aim
ed at halting sale Of 10000
shares of Glass A common stock
at 50 per share. The device
used by the SEC was a temper
ary suspension of Regulation
A exemption. This exemption
permits a company to avoid
detailed reporting for public
offerings not exceeding $780,
900. In effect, the SECS move
throws up a major new legal
hurdle.
The SEC charged that Ma
tional failed to identify persons
who might be considered under
writers, and to disclose owner
ship interests of management
officials in Guardian. The
agency also said the injunction
ruled out the Regulation A ex-
emption for National, and thai
the company failed to file con-
sent and certification of per.
sons who might be deemed
underwriters.
Evening star., 1962-05-22
DynoIectron Sales Up,
Write-Off Cuts Profit

Sales of Dynalectron Corp.
increased to $34,031,l07 in
1861. an increase of 7 per cent
from S3l,l41.286 in 1860, the
Company reported today.
Operating profit of $26,089
in 1861 contraSted with an
operating loss of $9l8,599 in
the previous year. However, a
SIS million special charge
against income resulted in a
net decrease of $l,301,185 in
retained earnings.
The special charge was made
to provide for a possible non-
recovery of amounts owed to
Dynalectron as a result of its
operations in South America
prior to 1858. Adverse economic
and political developments ir
certain sections have raised
some doubt as to the col
lectibility Of these balances.
Company employment rose tt
1882 in 1861 for a As per CEN
increase over 1860 and con-
tinues to increase. During tht
latest year long-term debt wa
reduced by $2,792,3 1895 and thu
order backlog totaled $27 mil
lion on December 81, same a!
Ia year earlier.
Evening star., 1962-05-22
CHICAGO
LIVESTOCK

CHICAGO. May - tAP).-UsDA)
-IoEs $500: rather slow. butchers
STEADY TO 25 lower. soWs mostly
steady; fair shipping demand: mostly
I-2 l9O-22O ID butchers Ie.50-l7. 90.
nearly $50 head at 1900. mixed Ia
lSa-23O lbs I5.75-l6.50: bulk 1880;
@3O-360 lbs l5.25-l5.75; 2-3 25O-2SO
lbs l4.95-l5.25; 27O-39O lbs 1925
l475: mixed 1-3 300-40n ID sows
l3.5O-I4.25. 100000 lbs 12.50-I3 so:
bosrS ll.5O-l2.50.
Cattle $500; calves. %; trading
slow. slaughter steers and heifers steady
to 25 lower with demand for choice and
prime steers weighing over Il5O lbs
narrow; COWS strong; other classes
steady: load prime 1850 ID slaughter
steers 2S so: couple loads mixed choice
and prime l,175-l. $50 lbs 21.OO;
choice 950-l $50 lbs 2415-26 25:
mixed good and choice "a 25-247 75:
good - ..5-24 90. few loads standard
l.O25-l.200 ID Holstein steers u 90
81 so: load mostly prime 900 ID
heifers $500; load mixed choice and
prime 900 lbs $3.50; choice / .0OS lbs
cows l5.5O-l75O; utility 15.00-i6 so;
Gamers ard cutters l2.50-l6 90: utlI.
ity and commercial bulls II. 5000. 90: :
good and choice vealers 26.OO-3O 90:
standard - 00-25 90; utility is 90
5000: culls I20O-I5.0O: package
choice 500 ID feeding heifers 1925.
Evening star., 1962-05-22
Steel Output Drops
$3.50 During Week

NEW YORK. May 81 CAP) -
The Nations steel production
dipped last week below go per
cent of estimated industry ca
pacity. declining for the sew
enth time in a rev.
Output of ingots and steel
for castings fell to 1862, 900
tons. down SO per cent from
the 1.765, 900 tons of the pre-
ceding week.
1t reached a level of 89.2 per
cent Of 1957-59 production.
inns is the index of activity
adopted last year by the Amer
lean Iron and Steel Institute
to Supplant capacity figures,
no longer given officially.
Evening star., 1962-05-22

pensions funds again in 1861,
the study showed. Employer
contributions totaled 81. $40 900,
900 in that year, while employees
contributed S408 million. In
1850. the totals were S2.797, :
100000 and 1892 million. re-
spectively.
The SEC found that assets
Of all pension and retirement
funds in the United States ag-
gregated STA billion at the end
Of 1861. consisting of Govern
ment retirement funds amount
ing to $50 billion and private
insured and noninsured funds
totaling SIS billion.
Even more rapid growth was
evident in the overall total of
pension funds. Assets at the
end of 1861 stood at S114.4 bill
lion compared with S106.1 bill
lion a year earlier and only
S37.5 billion five years earlier
L. S. Holders Doubled
A study from the New York
Stock Exchange today disclosed
that Americans owning stock
increased to around Is million
in 1861 or more than double
the 6.5 million stockholders
listed 10 years ago in 1852.
Doubling in the number of
American stockholders was part
of a worldwide trend, said
Keith Funston. president of
the exchange.
In England share ownership
increased from is million in
l945 to an estimated 81 mil
lion in 1860.
In Japan. a postwar increase
Of sevenfold raised the 1860
total to an estimated million.
Some 2 million fewer French
stockholders were reported in
1857 with considerable" growth
since then.
West Germany has 2 million
stockholders and much of a re-
cent gain has been due to the
recent sale of Volkswagen stock.
In Colombia stockholders in
creased from $4,000 in 1947 to
$4,000 in 1859.
In about one-half of 55 coun-
tries surveyed by the exchange,
stock exchanges and other
groups are conducting public
information and educational
ograms in an effort to
broaden stock ownership, Presi-
dent Funston said.
Evening star., 1962-05-22
ya&z
Scanning Device
Made by Furrinoton

The scanning device in a new
UN1VAC optical character
reader will be produced by
harrington Electronics, Inc. ir
Alexandria, Va.
The Sperry Rand Corp. ano
harrington jointly announced
the development today. The
character reader will be USED
to convert printed information
directly to magnetic tape for
computer input. Such process
seS are now used by financial
institutions, utilities and in
surance companies,
The character reader will
sell for .$157,500 or rent for
$500 a month.
Evening star., 1962-05-22
Standard Register
Plans Anniversary

| Three offices of Standard
Register Co. of Daytona, Ohio,
in the Washington and Balti-
more areas will celebrate the
firms 50th anniversary tomor-
row at the Shoreham Hotel.
A major event will be q
luncheon to be addressed by
Robert Stauter, personnel di-
rector of the company, and E
M. Mccoy, manager Of the
company's Federal Government
division.
Attending will be some 25
staff members from two offices
here and one in Baltimore.
Evening star., 1962-05-22
D. c. Securities Firm
Accused by SEC

The Securities & Exchange
Commission moved yesterday
to halt sale Of stock by a Wash
ington concern, National Capt.
tai Acceptance Corp. 1925 K
street NV.
Among a string Of charges
the SEC said that National hao
failed to name Guardian In
veStment Corp. as an affiliate
1t also said National failed tc
disclose that Guardian anc
Earl J. Lombard, a promoter
had been enjoined by Fedora,
court order last January from
certain practices connected
Evening star., 1962-05-22
Gas Sales Drop
SHqhtH in April

The Washington Gas Light
Co. yesterday reported a decline
of nearly 2 per cent in sales for
April from the months total
last year, sales still are COM
fortably ahead for 1925 first
four months from the period in
1861.
April sales totalled 50,946, ,444
therms. compared with 51,952,-
1853 for the month last year.
Evening star., 1962-05-22
Business School
Associations Meroe

Two national associations OF
business schools today an
nounced their merger into q
single new unit, the United
Business Schools Association.
The move brings together the
American Association of Busi-
ness Schools and the National
Association & Council of Bus
iness Schools. The new head
quarters will be at 1918 K street
NV. Weldon L. Strawn, presi-
dent of the Massey Business
College in Houston, Tex, will
head the organization. 1t claims
Evening star., 1962-05-22

of public ownership on which
the corporate securities markets
rest.
At the end OF 1861. assets
of corporate pension funds
reached a new peak of $32, ,268,-
900. 900, compared with S2S.706.-
100000 year earlier and Sl6.-
639.000.000 at the end of 1856
the SEC found.
Account for S27.6 Billion
Corporate securities accounted
for S27.6 billion of pension FUND
investments. or IS per cent OF
all their assets at book value
OF this. sl5l billion was in
corporate bonds and S12.4 bill
lion in common and preferred
stock.
Federal government bono
holdings amounted to S2l bill
lion, while cash. mortgages anc
other investments. including
real estate and leaSeback;
made up the balance Of S2t
billion.
At the end of 1861, invest
mentS in common and pre-
ferred stocks represented 81
per cent Of total assets, COM
pared with As per cent a yeal
earlier.
Assets of the funds increased
81 per cent in 1861. compare
with increases of S3.4 billior
in 1860 and S3.2 billion il
1859. Funds in the manufac-
turing industry grew by S2.+
billion in 1861. while those ir
other industries rose $l.3 bill.
lion. In the manufacturing
group, the largest gains were
in automobile, steel, petroleum
machinery and chemical firms
Trading Increases
Operations of the funds have
become an increasingly impor-
tant factor in market trading
During 1861. they purchased
$2.998, 100000 of common stock
and sold S1,010,000,000 of COM
mon shares, representing net
purchases of 1891 100000. Ii
the previous year purchases
amounted to $2,268, 100000 anc
sales were S567 million for q
net figure Of SIT billion.
Just five years earlier in 1856
purchases amounted to 81 bill.
lion and sales totaled 1929 mil.
lion for net purchases of SIT.
million.
Employers contributed a large
part of the money for corporate