davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
Russell Of Pepsi-Co|o
Stresses Opportunity
BY CLARENCE III. HUNTER
Star Staff Writer


Harvey c. Russell, recently
elected vice president in charge
of special markets for Pepsi
Cola Co., said here recently
his new position is an example
of economic opportunities in
creasingly being opened to
Negroes by American industry.
More and more each day."
Mr.. Russell said. responsible
jobs are being made available
to qualified people"
Mr.. Russell, 43, was elected
unanimously as a vice president
of Pepsi-Cola Co. on January
Is. One of his boosters was
movie star Joan Crawford, one
of the IA directors. The Associ-
ated Press reported Mr.. Rus
sells annual salary to be in the
neighborhood of $4,000.
Develops Markets
AS vice president in charge of
special markets, Mr.. Russell is
responsible for developing mar
keting programs and sales
approaches in predominantly
Negro communities as well as
areas with a large percentage
Of Spanish-speaking persons.
There are 16 persons in Mr..
Russell's department who work
in the company's regional divi-
sion offices. Included on his
staff are three Washington
people. Julian Nicholas is as
signed to the company's public
relations department and John
Rector works for Pepsi's COM
ACKNOWLEDGEMENTS division at
the world headquarters in New
York. Ernest Humbles is spe-
cial markets representative for
the Washington region.
A tour of duty with the Coast
Guard during World War III
convinced Mr.. Russell he could
select a career other than in
sociology or psychology.
Employment with Pepsi Cola
began in 1850, when he became
a field representative. He ad-
vanced to assistant to the sales
vice president in 1858; to prof.
ects manager in 1855, and then
to director of special markets
activity in 1857. He has visited
about $50 of the company's $50
plants in the IL years.
Mr.. Russell has successfully
completed numerous key tasks
in the domestic and interna-
tional fields for Pepsi. He re-
Gently conducted a compre-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08

center.
g AS the center was opened
formally on March 81, 1860, the
1861 sales total is the first full
years volume available. Whea-
ton Plaza ranks as the Nations
fifth largest shopping center,
Mr.. Lerner reported.
The big 1861 volume was
reached despite heavy SHOWS
and extremely adverse sales
conditions in the first three
months of the year Mr.. Lerner
pointed out.
He said construction will
start within the next 2 or 8
weeks on a 10-story professional
office building, plans for which
were announced late last year
Plans for construction of a
family-style theater were an
nounced yesterday.
These two projects will not
complete the center's expan-
sion program for 1862, Mr..
Lerner indicated. Other con-
Struction is contemplated.
The new office building will
stand near the intersection of
University Boulevard West and
Viers Mill road and will be
devoted to offices for doctors,
dentists, lawyers and other
professions. An existing 7-story
office building at the other
END of the plaza was quickly
occupied by engineering Of
fices of Vitro Laboratories
when completed early in 1861.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
Hearing Scheduled
In BROKERAGE Case

The Securities and Exchange
Commission has scheduled a
hearing March 5 in proceedings
to determine whether to revoke
the broker-dealer registration
of Investment Bankers of
America, Inc, of 1922 Con-
necticut avenue NV.
Authorized in April 1860, the
proceedings involve charges
that the respondent company
violated the COMMISSIONS net
capital rule, confiration rule
and record keeping require
ments and that it engaged in
parctices violating the ant
fraud provisions of the Secur-
tiles Exchange Act.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
Subscription Firm
.Morkets Shares

Public offering of 5000
shares of Army Times Sub
scription Corp. at SIS a share
IS being made through officers
directors and employees of the
corporation.
Net proceeds OF around $72,-
800 are expected and will be
added to working capital, a
prospectus declared. With no
commissions to be paid, ex-
penses of the sale are not ex-
pected to exceed $4,000.
! Prior to its spin4off from
the publishing company, the
latter company employed 20 to
80 statesmen to sell it's own
publication and they also sold
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
Delta Air Lines
REGISTERS Shares

Delta Air Lines today filed
with the Securities and Elk
change Commission a registra-
ton statement covering 203, 687
shares of it's common stock.
The shares for which the
registration statement is filed
reflect the stock split effected
in the form of a 1913 per cent
stock dividend payable March
Is, 1862.
The company now has 1,122,,
235 shares outstanding with an
authorized issue of 4 million
shares. There will be 1896, 3r3
shares outstanding after pay
ment of the 1919 per cent stock
dividend on March Is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
7 AirIines to Pool
Boeinq Jet Ports

KANSAS CITY, Feb. 8 (AP) D..
Seven major Air lines an
nounced they will pool their
stocks of replacement parts for
'Boeing jet airliners at 80 air.
ports across the country.
Fifteen representatives of
American, Braniff, Eastern,
Pan American, United, Western
and TWA met at TWAS big
overhaul base in Kansas City
to perfect the arrangement.
Three hundred fifteen kinds of
parts worth about $2.7 million
will be pooled. The Airports
include that at Washington.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
Grand Union Co.
Sales Up SIiohtH

Sales of the Grand Union
Co. totaled $45, 804,976 in four
weeks ended January 81, a gain
of 0.5 per cent from $45,578, 1896
in the like 1861 period.
Sales in 48 weeks ended the
same date amounted to $685.
045, 195, up At per cent from
$55, 6815,273 a year earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08

for the agency. This arrange
ment will continue.
Melvin Ryder is board chair
man and S. Winston Little is
president and a director. John
H. Swain is vice president and
director and Donald Pearce is
treasurer. Webb C. Hayes III
is general counsel and director.
Florence Ryder, Harvey B.
Gram, jr., and Robert Lee
O'Brien, jr., are directors,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
1T AMT Me-
BUTTON BLOOMS
IN WALL STREET

NEW YORK, Feb. 8
(AP).-Wall Street reg
ulars have been guessing
all week who is involved
in an income tax evasion
case repeatedly being pre-
pared by the Government
against a high-hanking fl
nancial figure.
An enterprising Wall
Street cigar stand operator
is offering for sale at IS
cents two-colored, cam
paign-type buttons that
proclaim: 1T amt me-"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08

laws dllu Tile attorney general
determination to crack down on
violations, criminal prosecutions
against these white collar op-
orators are at a record high,
many are going to jail.
Among the crimes they have
been committing are selling to
the public stocks of corpora
lions already worthless or next
to worthless and lying about
the status of the companies;
taking other peoples securities
and using them as collateral
for their own loans (the tech
nical term is hypotheration of
customers securities; selling
the securities of customers and
then pocketing the cash them
selves or failing to deliver
stocks bought by customers;
hiding facts about their rec
ords in defiance of New York's
new disclosure laws.
Breakdown Under Way
In the words of New York's
Attorney General Louis j. Lef-
owitz:
ITO me, these con-men in
the stock market are no better
than the armed robber. They
steal from investors, they steal
from corporations, they laugh
at our laws, they consider the
fines part Of the cost of doing
business. They belong behind
bars, and whenever we find
them and prove them guilty
we're going to put them there"
Men who have felt the crack
down recently are:
Allen C. Kaye-Martin. He's
in Sing Sing sering a 5 to 10
year term for grand larceny
Late in 1859. Kaye Martin OBJ
tanned control Of a 25-year-old
reputable brokerage firm, Sc
curity Adjustment Corp, of IL
Court street, Brooklyn, and got
hold Of a wonderful customer
list" of up to 1000 names. With
in months, Kaye-Martin had
downgraded the house virtually
to a boiler room" He took
money mailed in by customers
for the purchase of stocks
pocketed it himself. He used
customers securities to get
loans for himself. After the
firm became insolvent, he hid
the fact from his customers,
continued to operate. His
abuse was fragrant" says MIR.
Lefkowitz. 1.-THE one good
thing" adds Assistant Attorney
General Albert j. Millus, is that
we obtained $4,000 restitu-
ton from Kaye-Martin for dis
tribution to the defrauded Gus
toners of the firm.
Ralph Mineo. He pleaded
guilty to selling securities while
insolvent was sentenced in 1861
to one year in prison, but re-
ceived a suspended sentence and
was placed on probation on
condition that he would make
restitution in excess of $4,000
to his customers. Mineo set
up shop in 1860 at 80 Wall street
He soon became 1nsolvent, but
he juggled his books to conceal
this, falsely testified that loans
to him were his own assets-and
continued to sell securities
Mineo has been permanently
barred from the securities bust
ness in New York.
Doubled as Cab Driver
Anthony j. Sano. He is now
serving a 21a to Swear sentence
in state prison for grand, lar
ceny. Sano operated a securities
house bearing his name in New
York and doubled as a cab
driver. He was charged with &C
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
YOUR e.
MONEYS WORTH
Collar Operators
DY SYLVIA PORTER

Distinct from such ex-con-
victs as Robert l.. Bradford,
Charles and Edward Lesser,
Norman N. Rankow and George
Futterman. who have been dis
covered muscling into the stock
business, are the so-called white
collar men who are stealing
from investors and corpora
tionS committing fraud and
perjury.
AS a result of New York's
increasingly tough securities
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
OVER COUNTER

Following prices furnished by the Ma
tional Association of Securities Dealers in
which locally active securities could have
been bought or sold at | pm. Thursday,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
Wheaton Plaza Reports
S51.5 Million Volume
For First Full Year
BY DONALD b. HADLEY
Star Financial Editor

More than go operating stores in Wheaton Plaza Shopping
Center at Wheaton Md had an aggregate sales volume of
$515 million in 1861 average of almost 81 million week.
This disclosed today by Theodore Lerner president
of Co., leasing and management agents the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
BUSINESS
BRIEFS

Business Loans at reporting
member banks in lea din g
cities increased by $40 million
during the week ended jan
uary 81, raising the total of
such loans to $32 billion. This
was $7O6 million more than a
year before.-Federal Reserve
Board.
Wholesale Food Prices dipped
slightly for the second straight
week and the Dun & Brad
street index stood $500, the
same level as on January 2 and
81 per cent below a year ago.
The index represents the total
cost of one pound each of 81
foods in general use.
DiStillate Fuel Oil stocks de-
clined again in the week ended
last Friday, the total standing
at 49,, $4,000 barrels VS.. 1922
$4,000 the previous week. This
is the oil used chiefly for re-
sidential heating. Daily aver
age gross crude oil and lease
condensate production des-
creased by 14,100 barrels, total
ing 7,460,010, VS.. 7,163,760 a
year before. Petro-
leum Institute.
PaperbOard Production in
the week ended last Friday
dipped to 340,317 tons from
345,837 a week earlier. A year
before the output stood at
325,402 Unconstitutional Paper
board Association.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
TREASURY BONDS

NEW YORK (AP)-Noon over the coun-
ter U. s.. Government Treasury bonds,
bid, asked, net change and yield for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
Earnings

Borg Warner Corp. in 1861
earned $23,431, TOP. or $2.57 a
share, VS.. $27, POT ,604, or 1901
a share, in 1860.
Corning Glass Works in 1861
earned $25, 1925, 900, or 1919 a
share, VS.. $22,054, TAI, or 1928
a share, in 1860.
FMC Corp. in 1851 earned
$23,452,363, or 1926 a share,
VS.. $21 ,O96, 1920, or $2.98 a share,
in 1860.
Pittsburgh Plate Glass in
1861 earned $34,627,000, or
1929 a share, VS.. SAT ,631 900, or
$4.53 a share, in 1860.
Servel, Inc. in the year ended
October 81 earned $2,356,000,
or $1.13 a share, VS.. $2,957 900,
or SLAB a share, in the 1860
period.
United Airlines earnings in
Guiding net gains from sales of
aircraft in 1861 amounted to
SO, 692,7 19, or 10 cents a share,
VS.. $11,171,083, or $2.77 a
share, in 1860.
Warner Brothers Pictures in
the quarter ended December 2
earned $1,939,000, or $1.60 a
share, VS.. $1,773,000, or $1.16 in
1860.
Other earnings:
For Quarter Ending necennher a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
Doubled as Cab Driver

Anthony j. Sano. He is now
serving a 21a to Swear sentence
in state prison for grand, lar
ceny. Sano operated a securities
house bearing his name in New
York and doubled as a cab
driver. He was charged with &C
cepting $4,000 from a customer
for the purchase of stock
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08
CHAIN STORE
SALES
MUTUAL FUNDS

NEW YORK (AP) INVEST GRIP:
= National Associa- Nut 11.84 12.79
ton Securities Deal Stock ls.a22I,3l
ers, Inc. Select 1925 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-08

T-Partially tax exempt.
The frontiersman., 1962-09-20
IE77I3SZ j 5S lSi1oR 5ci

sion line from Bradley Lake will open up a whole new area to settlement and will give greater impetus to the proposed Turnagain Arm Causeway and will provide the opportunity to interest light industry in the area until 2 mills power be- comes available from Rampant Dam.
 In all likelihood as further Iower studies are made, it will be shown that there is a reed for the coal-mine mouth generation plants in addition to hydroelectric power sources Certainly, the construction of Rampant Dam is not based on a quarter million Alaskan power consumers! Accordingly, it does appear that construction of in- terim power sources will have little effect on the need for constructing Rampant Dam.
 Sincerely yours,
 Homer s. Thompson
 Homer, Alaska
The frontiersman., 1962-09-20
Homer Artist Plans Anchorage Showing

Richard Tyler, Homer artist who displayed over 400 water color paintings of Alaskan wild flowers to the Matanuska Val ley Garden Club Sept. II, is showing his work in Anchorage this week. His paintings are ex- hibited at 914 Reed Building across from the post office in the space formerly occupied by the Scandinavian Airlines of- flee. Hours are from 10 am. to s pm. through Saturday, Sept. p.
 The showing includes Al- askan and other landscapes and portraits, done in both water colors and oils.
 Several Tyler paintings were exhibited at the Alaska State Fair, one winning . first place award.
The frontiersman., 1962-09-20

Dear Editor:
 May we take this opportun- ity, and means, to express our appreciation for a very pleas ant holiday spent in the Mat anuska Valley. Most certainly beautiful spot, and the grand eur of the locality is exceeded only by the graciousness and hospitality of the people.
 Sincerest commendation should go to Mayor Bill R. Mil Ter, the City Council and the Fair Committee. It was an in- spring occasion and we look forward to the time when the Fair will have statewide par ticipation.
 We look forward with antici- patton to future pleasant visits to your community.
 Yours for progress in Alaska!
 JOHN A. GIBBONS
 Director-at-Large
 Alaska State Chamber of
 Commerce
The frontiersman., 1962-09-20
Curious Savage RehearsaIs Begin

Marziah Miller, director, em- phasized that these are good parts, and anyone with frus- trated yen for the footlights may try out at rehearsals by getting in touch with Director Miller at PI 5-3876.
 The play will be presented in early November at Central school auditorium.
 The guild is now offering family memberships (husband and wife) for only $2, president Jack Riley has announced. A higher membership fee was charged when the guild was in the organizational stages, but this is no longer necessary, the president said.
The frontiersman., 1962-09-20

Editor
 The Frontiersman
 Palmer, Alaska
 Dear Sir:
 The recent article published IA June, 1862 and subsequent article published 12 July, 1862 in the Valley Frontiersman quoting Mason LaZelle, man. ager of the Matanuska Valley Cooperative does appear gross ly unreasonable to the writer.
 The claims made by MT. La Zelle that steam power is more economical than the proposed hydroelectric power from Brad ley Lake have not been sub- stantiated and are very con- traditory to the published re- port of the Corps of Engineers for Bradley Lake which uses steam power as a basis for cal culating the benefit-cost ratio of 1.7 to l.
 The problem for traversing the lands needed for erection of transmission line within the National Forest on the Kenai Peninsula have been resolved, so it is most doubtful that this hazard exists.
 It is correct that the con- struction time is greater for hydroelectric project than for a steam plant, however, once the hydro plant is completed and the loan is amortized, the costs for generation are ex- tremely low. Steam generation requires the continuous expen- allure of funds to mine the coal for the operation. Labor prices continue to mount and steam engines do wear out and re- quire replacement.
 As one local resident recent ly stated, "The good Lord hasn't changed the rates for rain in a 1000 years and isn't expected to in the future" /"
 The figure of nine mills ad- vanced by MT. LaZelle is not consistent with information verified by the Federal Power Commission. On a 100 year amortization schedule, the fig ure furnished by the Corps of Engineers is 5.7 mills at the generation site.
 Perhaps one of the major reasons that the residents of the Homer area are SO solidly in favor of the Bradley Lake project is because we are tired of paying 150 mills for the first 50 kilowatts of energy used. Even though the Homer Elec- tric Association is now buying Cooper Lake power at l3 mills, our consumer rates have not gone down one mill because of he long debt accumulation f.om prior years operations. Construction of the transmits
The frontiersman., 1962-09-20
Hospital Patients

Patents at the Valley Pres byterian Hospital from Aug. 29 through Sept. 12 included Mrs. James G. Stearns and infant son, Mrs. Robert Bowlin and infant daughter, Virginia Rog- CTS, Catherine Cody, Doris Simpson, Edward Wilson, Charlotte Beldon, Sally Ben dix, Mrs. Claude Bailey and infant son, Betty Parks, Mrs. Bruce Robinson and infant daughter, Kerry Gary, John Cope, Manila Bay Yohn, Mrs. Burton Lum and infant daugh- ter. Katherine Nicolai, Linnus DePriest, Mrs. Marvin Grippin and infant daughter, Raymond Stephan, Mrs. Ernest Brown and infant daughter,
 Beverly Kirsch, Russell w.. Smith, Kathleen Mohan, Pearl Heath, Mary Bannon, Cora Gjertson, James A. Cottrell, Es- ther Brauckbauer, Susan Moy- CT, Vivian Sandvik, Mrs. Wal ter Spurlin, and infant daugh- ter, Delbert E. Gates, Helmi Blank, George McFeely, Mrs. Bruce Robinson and infant daughter, Julia May Carney, Linda Samson, Elizabeth Barry, Arthur Miller, Joyce Monroe, Valerie Ulrich, and Rosetta Myers.
The frontiersman., 1962-09-20
SORORITY RESUMES WINTER SCHEDULE

Xxi Eta chapter, Beta Sigma Phi, will meet at the home of Charlotte Allen on Fishhook Road, Oct. at 8 pin.
 Beta Sigma Phi members are reminded that the winter schedule of meetings has be- gun, and all are urged to at tend.
 The programs this year are called 'The Grand Tour" A world globe will be given to the member who presents the best program for the year.
 This years convention will be held in Juneau Sept. 27-30. Any member who wishes to at- tend should call Judy Buzby or Marianne Herman as soon as possible.
The frontiersman., 1962-09-20
Seattle
 Sept. IF, 1862

Dear Editor:
 Thank you so much for send ing me the newspaper from the homeland. From it I learn who has passed away, the doings at the Fair, in Palmer, and many other happenings. Of great in- terest was the picture of Coal Miners Help Build Palmer Park" The Kiwanis are build CTS. The writer received his honorable membership card for building a railroad on 5th Ave nue in Anchorage some years ago!
 Alaska is wonderland for scenery, but in the whole state, of Alaska we have no zoologi- cal garden where the tourist could see our wild animals such as bear, mountain sheep, moose, etc. understand some folks in Anchorage have been talking about it, but usually these towns want the state or the federal government to build it for them.
 I believe that the Palmer Valley Chamber of Commerce and the businessman's associa- tions of Wasilla, with Chugiak, Houston, Willow and other or ganizations, should unite under one head to have such a garden. Nothing can stop us if we work for such a project, which no doubt will bring thousands of visitors to our valley. By join ing all these organizations to- gether, there is no doubt in my mind that we can, and will, have such a garden. There is strength in numbers.
 Ed Ueeck and his friends have already started in the right direction to have a place for our historical valuables. It first takes concentration (to think about it), next work, and what we have in mind will come in due time.
 As the Dutchman says, "Un- ited we stay, and separated we fall together"
 Sincerely,
 Heinie Snider.
The frontiersman., 1962-09-20

Rehearsals for the next Ma tanuska Valley Theatre Guild production, ''The Curious Saw age," began last week, with two roles still to be cast.
The frontiersman., 1962-09-20
MORE NEEDED

Twenty-seven states have constitutional me n d m n S which protect highway-user taxes against diversion to non- highway purposes,
The frontiersman., 1962-09-20
Pags 6 - The Frontiersman ThursdaY. September 20. 1862

The way some people stretch the truth there must be a short age.
The frontiersman., 1962-09-20

Kindness is a great help in solving life's problems.
The frontiersman., 1962-09-20

o. A. 105 Intermediate EVERYTHING Speed development and application of Npewrit
 ing skill to special letter problems. tabuations and
 office problems. For students who have had
 year of high school Ypewriting or O. A. 1o3 TTh 100000 2 Credits
Evening star., 1962-09-04
By ROBERT J. LEWIS
Star Staff Writer

PARIS. Sept. 4.-More than
500 delegates from 38 coun-
tries have assembled in this
most beautiful of cities for the
26th World Congress Of Housing
and Planning.
Among them are officials and
others closely involved with
the appearance of Washington,
as well as representatives from
throughout the United States.
The congress opened yesterday
in the Y-shaped Unesco build
ing on Place de Fontenoy. It is
being held to give planners and
others an opportunity to study
major city problems caused by
more cars, population increases
and widespread demands for
social progress-and a chance
to hear some of the best means
figured out so far to improve
cities.
Evening star., 1962-09-04

said it was not a sensitive Gov
ernment agency.
The Senator said he learned
over the week end that Il was
unduly modest in saying (in a
speech Friday that 1,50O Rus
sian forces or military techni-
clans" had been landed in
Cuba.
The figure is closer to 5000,
Senator Keating continued.
He said he has learned that
about 10 other vessels, flying
the flags of East and West Ger
many, Italy. Greece, Norway
and Liberia, are ION the way
to Cuba with more men and
munitions. not counting several
British ships on the way to
Russia to pick up material and
personnel"
Senator Heating said the
Communist supplies include
guns. ground-to-air missiles,
jeeps. trucks, weapons carriers,
.electronic items and "all kinds
Of military equipment"
He said he has learned that
rolling stock-trucks. jeeps and
the like-is parked "a quarter
of a mile along and five deep
on San Pedro street." presum-
ably in or near Havana.
Senator Heating said he