davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-09-27
ALB Ch0pter Lists
Faculty of IS

Washington Chapter, Amer.
lean Institute Of Banking, viii
have a faculty Of IS instructors
for its fall semester, it was an
nounced by Donald e. Tillsor
of Riggs National Bank, vice
chairman of the chapters edu-
cational committee.
The instructors and their
subjects include: Robert l.
Eyer, accounting / and II: Da-
vid w. Ward, analyzing finan-
cial statements; Harry M
Schoenly, augmentation and
debate; H. Hall Katzenbach,
jr,, bank letters and reports;
James Owens. business admin
istration; H. George Schweitzer,
commercial law: John J. Cor
man, jr., credit administration:
william r. Field. economies;
Mr.. Katzenbach, effective Eng
lish; Hugh Darling, effective
speaking; Lloyd F. OMeara.
Federal income tax: Gerald p.
Lenoir, installment credit; Ger
aid Chopin, negotiable instru-
ments; Mr.. Field, money and
banking; John j. Behabetz and
Olen F. Thompson, principles
Of the bank operations, and P.
PaXter Davis Trusts
Evening star., 1962-09-27
Mensh Investment
Votes Shorter Name

Stockholders of MenSh In
vestment g. Development As
sociates, Inc, today voted to
change the firms name to the
Mensh Corp.
Around 200 stockholders rep
resenting more than 80 per cent
of the outstanding stock en-
titled to vote attended the an
nual meeting.
Eugene ]. Sobel, president of
Sobel Brothers. wholesale jew
elry distributors, was elected to
the board, increasing the num-
Der to IL. Other directors were
reelected and, at a later or
ganization meeting, all officers
we're renamed.
Mr.. Sobel formerly was pres
ident Of Capitol Investment Co..
which was acquired by Mensh
in the last year.
Evening star., 1962-09-27
Earnings

Associated Products, Inc, in
year ended May 81 earned ST.
328,445 or Sill a share VS..
ST. .090,151 or $1.09 in preceding
year.
Collins e. Aikman in quarter
ended September / earned
$913.585 or SO cents a share VS..
$723,773 or 81 cents in 1861
period.
Hoover Ball Bearing in year
ended July 81 earned $2,927, ,978
or 1921 a share VS.. $784,869 or
go cents in preceding year.
King-Seeley ThermOs, in year
ended July 81 earned $4,510, ,028
or $2.72 a share VS.. $2,585, ,459
or $1.57 in preceding year.
KOehring Co. in 8 months
ended August 81 earned $2,068.-
900 or $1.20 a share VS.. $948, 900
or So cents in 1060-61 period.
Northwest AirIines in 8
months ended August 81 earned
4,670,35 VS.. $2,869, 1888 in 1861
period.
Pennsylvania Power G. Light
in IL months ended August 81
earned $25,747,114 or SITS a
share VS.. SIS, 1852. .405 or $1.72 in
preceding period.
Texas Utilities Co. in IL
months ended August 81 earned
$44, ,990,648 or $1.79 a share VS..
$38.956.304 or $1.59 in preced-
ing period.
Transition ElectrOnic in year
ended June 80 lost $498,755 VS..
a loss of 81 ,451 ,792 in preceding
year.
Evening star., 1962-09-27
Gunther Elected
To High Post in
ABA Division

Frank A. Gunther, president
of the Security Bank, wa,
elected chairman Of the execu.
tive committee of the STATE
Bank Division Of the American
Bankers Association, at the
recent Atlantic City conven-
ton.
Mr.. Gunther is completing 9
three-year term as Washington
representative ON the executive
committee of the ABA and also
has been chairman of the State
Bank Divisions legislative COM
mittee.
He is a past president Of the
District Bankers Association
and chairman Of its law and
legislative committee.
For a number Of years, Mr.
Gunther was a national bank
examiner before his election as
executive vice president and q
director Of Security Bank in
1949. He became president in
1860.
Evening star., 1962-09-27
PEOPLE
BUSINESS

sPreston E. Teal has been
famed secretary of Miller AS
sociates, Inc, realtors, of Ken
sfngton, Md. Richard A. Adams
has become sales manager.
sNIiItOn Zatinsky has become
associated with the Washing
ton office of Francis /. dupont
&. Co. as a registered repre-
sentative. He previously was
with Blair & Co.
Daniel G. O'Sullivan has beer
appointed technical consultant
for Cummings g. Cummings
personnel firm.
douglas Sands has beer
named general manager oi
branches for Biggs Antique Co
Of Richmond. He will supervise
branches in Washington, Rich.
fnond, Baltimore and Atlanta
Thomas ]. Doud, jr., hai
transferred from Baltimore tC
the Washington office of Jamei
w. Rouse & Co., mortgage
banking firm.
Harrison Knapp has becom,
Executive director of commu
Fity relations for Eastern All
Lines, with offices in Washing
ton and New York.
Evening star., 1962-09-27

ing officer, but also to any en-
ploye involved in the process OF
deciding cases.
The regulation Stipulates that
the board may impose sane
tions for a violation.
:. Joseph p. McMurray, FHLBE
chairman, announced adoption
OF the resolution today and
said it is the result of board
study over the last few months,
A telephone call seeking to
influence the board in a recent
savings and loan case in Flor
ida stirred up a hornets nest
and it is understood the board
is anxious to avoid any repeti-
ton of such a situation.
The boards action reflects a
view on the problem of ex parte
contracts expressed by Presi-
dent Kennedy in his special
message on conflict Of interest
and ethical standards of be-
havior in April, 1861.
It also is in line with princi-
pies recently recommended by
the Administrative Conference
of the United States, Chairman
McMurray pointed out.
Evening star., 1962-09-27
Sovings-Louns Given
EounI Tax Bosis

Mutual and stock savings ano
loan associations will be taxed
on the same basis under a COM
promise tax revision bill adopt
ed by a House-Senate confer
ence committee. The measure
is expected to come UP in both
the House and Senate next
week.
The conference rejected the
Senate amendment which would
have permitted stockholder-
owned associations to deduct
on so per cent Of taxable in
come as a reasonable addition
to their bad debt reserves and
allowed them to deduct so per
cent of taxable income for this
Purpose as mutuals are per-
mitted to do.
The Senate version definition
of building and loan was lib
eralized. 1t now provides that
office building and share loans
may be counted the same as
loans on one-to-four-family
houses.
This permits several percent
age points more for commercial
lending. apartment lending
etc.
For each percentage point an
association fails to qualify, ;
percentage points would be
Knocked off its so per cent bad
debt allowance.
An association that had q
per cent of non-conforminl
assets instead of the prescribed
,1S per cent would miss the
definition by 8 points, would
lose is points on its deduction
and would deduct As per cent
rather than so per cent.
Evening star., 1962-09-27
ALC0A Shifts
Sheet Prices

PITTSBURGH, Sept. q CAP) .
"A variety of price changes
some upward. others downward
go into effect today on sheet
products of the Aluminium Co.
Of America.
ALCOA said yesterday the
changes, affecting sheet alloys
in flat, coiled and circle shapes
and ranging from a fraction of
a cent to s cents a pound, were
made to more nearly reflect
prices at which most Of these
items have been moving in the
market for a prolonged period. "
Many Of the products are
used in large quantities by the
building, utensil and automo-
tive industries.
Evening star., 1962-09-27
CuIIigun Names
Post Publisher

NEW YORK. Sept. 27 (AP).-
C. L. MacNelly. a former senior
vice president Of the Ted Bates
& Co.. advertising agency, was
named yesterday as publisher
Of the Saturday Evening Post.
With the appointment, Mat
thew J. Culligan, installed re-
Gently as president Of the Curtis
Publishing Co.. completed re-
Organization of Curtis opera
tions.
Mr.. MacNelly had been with
the Bates firm since 1850 and
before that was an account
executive with Pedlar & Ryan.
Evening star., 1962-09-27
Dover Offers to Buy
De-Sto-Co Corp.

Dover Corp. Of Washington
announced it has agreed to pay
$7.2 million in cash for assets
of De-Sta-Co Corp. of Detroit,
formerly Detroit Stamping Co.
The agreement will be sub
mitted to De-Sta-Co stockhold-
ers for approval. De-Sta Co
makes metal parts and prod
ucts. Dover produces hydraulic
and electric elevators, oil well
equipment, valves and other
products.
Evening star., 1962-09-27
GEICO Affiliate
Declares Extra

Directors of Government EN-
,ployees Corp, auto finance af-
rfiliate of Government Employ
,ees Insurance Co.. have de-
clared an extra dividend OF
cents a share in addition to
semi-annual dividend of q
cents a share.
Both dividends viii be paic
November % to stockholders o.
record on November 2. GECC
stock recently was split 5 for 2
The semi-annual dividend rep
.resents an increase Of Ill pc
cent from the rate on stock be
fore the split.
Evening star., 1962-09-27
Silver Rises Again
NEW YORK. Sept. 27

NEW YORK, Sept. 81 (AP)
-Silver's price continued to
climb today, rising Ia cents
to $1.21l2 an ounce. The in
crease followed a gain on the
London market today and re-
flected the metals continued
short supply with both Mexico
and the United States Treas
ury out Of the market as sellers
Evening star., 1962-09-27

Fred c. Scribner, former
Undersecretary Of the Treas
ury, and Lloyd M. Bauman.
president Of United Services
Life Insurance Co., were
among four new directors
added to the board of Atlas
General Industries. Inc, at the
annual meeting in New York
yesterday.
The company expects income
from operations for the year
ended next June 80 to exceed
the $2,016.942 or $1.70 a share
earned in the last fiscal year,
President Charles N. Bellm
| told stockholders.
Evening star., 1962-09-27
BUSINESS
BRIEFS

Business Loans by Reserve
member banks in leading cities
L in the week ended September
19 totaled $33.891. .000. 900, UP
S301 million during the week
and $1,954,00 900 from the
total a year earlier-Federal
Reserve Board.
Bank cIearings in 26 leading
cities in the week ended We'd
nesday totaled s31,720,392, 900
dawn 4.6qo but s.8es higher
than in the 1861 week.-Dun &
Bradstreet.
Electric Power Production in
July totaled 1882, ,735. 900 kilo-
watt-hours, q record for the
month, up SO per cent from
July, 1861. = Federal Power
Commission.
Crude Oil and lease conden-
safe production in the week
ended Friday rose $3.50 bar
rels to a total of 7,376,410 VS..
TIA, $50 barrels a year earlier.
American Petroleum Insti-
tute.
BituminOus production last
week totaled $4,000 tons
against 8,709, 900 tons for the
period last year and $500, ,00C
tons for the week ended Sep
tember 15.-National Coal Assn
New-car sales in the middle
third of September averaged
1902 daily, lowest of the year
but rs per cent more than in
the period last year.-Ward's
Reports.
Business Failures increased
to 311 in the week ended Sep
ltember 20 from 270 the previ-
Gus week VS.. 337 in the like 1861
week.-Dun & Bradstreet.
Evening star., 1962-09-27

federally and State chartered
banks would not be endan-
gered.
Formation of a Federal bank
ing commission to take over
regulatory duties of the Federal
Reserve Board, the Federal
Deposit Insurance Corp. and
the controller of the currency
has been proposed by j. L.
Robertson, member Of the
Federal Reserve Board.
Evening star., 1962-09-27
Sofewoy Earnings
Ahead of Year Ago

Net income of Safeway
Stores. Inc. amounted to $24.-
976,943 or $1.94 a share in 36
weeks ended September 8, COM
pared with $24,059,7 TOT or $1.S7
a share in the like 1861 period,
Net for IL weeks ended Sep
tember 8 was $10,081,3 1856 or 79
cents a share VS.. S3.812,713 or
SO cents a year earlier.
The latest earnings were
computed after adjustments
representing declines in the
conversion value of Canadian
assets. The adjustments were
81, ,075,000 for SO weeks and
$375, 900 for IL weeks.
Evening star., 1962-09-27
81 Pct. of Bankers
Oppose Commission

The magazine Banking, pup-
'lication of the American Bank
.ers Association. yesterday an
nounced that a survey Of more
than 400 bankers showed that
81 per cent were opposed to
formation of a Federal bank
ing commission to take over
the Job of regulating the Ma
.tion's banks.
The survey found that OF the
43 per cent favoring the COM
mission, about one : fifth IA
vored the proposed commission
only if there is assurance that
/: the dual banking system OF
Evening star., 1962-09-27
Chuin Stores Elect
NEW YORK Semi q

NEW YORK. Sept. a 6AP).
|-Myer B. Marcus, executive
vice president Of Food Fair
Stores. Inc, Of Philadelphia,
has been elected president Of
the international Association
Of Chain Stores.
Evening star., 1962-09-27
Lobbying Curb Adopted
In Cases Before Federal
Home Loan Bank Board
September u. 1861
By DONALD B. HADLEY
Star Financial Editor

The Federal Home Loan Bank Board adopted a new
regulation protect members and staff from being button
holed lobbyists attempting influence them in sched
Il1ed fer hearing.
The new regulation effective 2e will bar off the
record communics only board member hear
Evening star., 1962-09-27

With styling TAway steering
OldsmObles Holiday sports
line are the Luxury sedan and Custom sports coupe
Evening star., 1962-09-27
MUTUAL FUNDS

NEW YORK CAP)
- National AssOcia-
ton Securities Deal
ers. Inc.
Evening star., 1962-09-27
Atlas General Adds
New Directors

saxter Davis. Trusts ]
Evening star., 1962-09-27

AfcMurray pointed out.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21
Seniors Urged
To Enlist Soon

During February and March,
high school seniors in the upper
Montgomery County area are
being notified they can COM
plete mental aptitude and phys.
ical examinations during the
Easter holiday for enlistment in
the U. S. Army's Graduate
Specialist Program" after
graduation at the Armed Forces
Examining Station, Fort Holt
bird in Baltimore.
Early testing will be given in
order for local seniors to select
their occupational schooling be-
fore quotas for most popular
courses are filled, according to
M. Sgt. Ed Brown of the Rock
vile Army recruiting station.
Further information can be
obtained from Sergeant Brown
at Pc. 2-9040 or at the office at
no Commerce la.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21
Service Club
Forming for
B-Cc Girls

More girls will have an oppor-
tunity for service to school and
community through a new serv-
ice club next year.
The Bethesda Civitan Club,
which organized a new boys
service club, Crescents, last
year, is sponsoring the venture.
Mrs. Eugene Otto of Civil
nettes, the women's auxiliary,
is the adviser. Joel Klein, vice
president of Wheel Club, is
chairman of the organization
committee which will invite
about Is sophomores and jun
iors to join the honorary club.
Members of Joel's committee
are Mark Chodoff, Judy Footer,
Pete Jaszi, Fred Krimgold, Rick
Mizell, David Osborne, Frank
Rinehart, Carol Shoemaker,
Margaret Smith, Bob Trafton,
and David Weissbrodt. Faculty
adviser to the committe is Mr..
Charles Bryant.
Keyettes, affiliated with the
Key Club and Bethesda Kiwanis,
is the only girls service club at
B.CC now. Girls Civilian will
have no connection with Cres-
cents" Joel states.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

School February "a. With the
accent on show music, the 8
pm. affair sponsored by the
Band Parents Club, will not be
a spectators sport.
Following the concert, the
cafeteria will be transformed
into a dance hall, with music
provided by the Lancers, Whea.
toms Dance Band. The cost, in
GLIDING refreshments, will be
81 for adults and SOC for stu
dents.
School Flag
At its next meeting the Stu.
dent Council will consider a
recommendation from the Stu.
dent Representatives Assembly
that it appropriate funds to buy
a large rayon school flag.
Senior Martha Payne, chair
man of the Student Government
Association Inside Publicity
Committee, drew the design for
the proposed red and gold
Wheaton banner.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

young couples; the King and his
four Princes chosen at the ball
reigned supreme over a happy
court; cupids and flowers adorn-
ed refreshment table laden
with punch and cookies, and
happy couples took with them
pictures made during the eve
ming for treasured memories of
the occasion.
Social committee chairman
Jane Vallery and her committee,
composed of Michaele Seward,
Norma Ramsey, Anne Mcbride,
Sandy French, Linda Hardisty,
and Sue Wade, planned the
dance.
Members of the NorthwO0d
Honor Society have organized
n tutoring service for students
who need and make application
for help in their study of math.
ematics, languages, English, or
science.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

Owens as Wheaton's Betty
Croker "Homemaker of Tomor-
row" and of Elizabeth Hiley as
a finalist in the General. Motors
Scholarship Program.
Mrs. Phyllis Rowe also pre-
scented Richard Kershner with a
certificate naming him as a run
ner.up in the National Council
of Teachers of English writing
competition.
Assistant principal Elmer
Muth opened the Awards AS
sembly with a short address
congratulating the Wheatonites
who had earned recognition.
The Lancers, the Wheaton
dance band, played a few num-
bers under the direction of Mr..
Joseph Jodl at the assembly.
A second awards program
will be held in June.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

Over 35 members of the or
ganization are participating in
this program. Each classroom
teacher has a list of tutors who
are qualified to give assistance
in his class and will recommend
a tutor from this list to any
student desiring help.
So far, response to the tutor
ing service has been very good,
reports tutoring service chair.
man, Steve Schatzow. Steve
adds that by sponsoring this
program, the Honor Society
more adequately fulfills its
three main goals of scholarship,
leadership, and service.
On February 81 all of the
math classes at NorthwoOd will
have the opportunity to see the
Walt Disney film, Donald in
Mathemagic Land" which Illus.
trates the foundations Of math-
ematics, particularly its associa-
ton with aesthetic appreciation
of beauty as see in art, sculp-
ture, and nature.
The golden rectangle" is used
as the basis of the presentation
and approach in this film which
has been shown nationally on
The Wonderful World of Color
program.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

Festivities at the intermission
before the senior game included
"a skit by the senior squad and
a surprise door prize.
Chairman of Tri-Tilt was
Allan Schlesinger. Barbara Hud-
son guided the special cheerlead-
ers. David Kane arranged for
teams and equipment. Molly
Wilhelm was tickets committee
chairman; Holly Vincent, re-
freshments committee; Phyllis
Kamerow, publicity committee;
Brooke Newman, entertainment
committee.
Baron varsity cagemen had a
chance to officate at last.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21
Attends Factory School

Howard L. Dunn, 8716 Brad
ford rd., Silver Spring, recent
ly completed a week-long fac
tory school conducted by Gin
ton Engines Corporation for me-
chanics employed by its cen
trail warehouse distributors and
service station operators. He
attended the school in Maquo-
keta, Iowa, as a representative
of his employer, William ].
Hines & Son.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

"Sophomores play juniors,
and the winner takes on the
senior tie a M" explains Ken
Lavine, senior class president.
Last year the sophomores
beat the juniors severely and
came within 2 points of beating
the Seniors" he said before the
games. II feel the seniors will
have a hard time but will win
out with all the spirit behind
them"
Friday was Color Day when
all classes showed spirit by
wearing class Tri-Tilt colors -
red for seniors, blue for juniors,
and green for sophomores.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21
Department Sets
Senior Leaders
Training Session

An all-day training confer
ence for present and future
leaders of senior citizens organ
izations will be held March 9
by the Montgomery County De-
partment of Recreation.
The institute, to be held at
the Youth Center in Bethesda,
will have three sessions, 10 am.
to noon; 12:45 to Oils and 2:45
to AS pm.
Subjects to be covered include
techniques of group leadership,
kinds of leadership, training of
future leaders, program peps
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21
Wheaton Wins Safety Award

The Maryland Traffic Safety
Commission last week awarded
a Certificate of Achievement
to Wheaton High School Stu
dent Government Association
Safety Committee for operating
automobile check lanes at
Wheaton in the spring of 1861.
Officer Ralph Cooley of the
Montgomery County Police De-
partment presented the certifi-
cate to David Mari, assistant
chairman of the Safety Com.
mittee, at a student represent
atives assembly meeting on
February 10. Mr.. Triss repre-
sented the Traffic Commission
at the presentation.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

l6Ilu Tie IIlccllllSS.
Discussion leaders are expect
ed to prepare a photography
several weeks in advance of the
discussion and each student is
expected to do extensive read
ing to be thoroughly prepared
for the meeting.
Additional study is based
upon fact sheets sent to each
group giving nonpartisan infor-
nation on each topic.
After the meetings, opinions
of the members are recorded in
an "opinion ballot" the results
tabulated and sent to the State
Department and Maryland's
Congressional delegates, since
both of these groups have ex-
pressed desire for public opin.
ion polls on world problems.
The 20 seniors who are mem
bers of the Great Decisions"
program were selected by the
three faculty advisors from a
group of go who had applied for
membership.
Participating members in
clude: Dan Aiken, Alan Beck,
Kenneth Clark, Mike Conley,
Carol Gershenson, Marily Cert
Ter, Wayne Hill, Paul Inset, Pat
Johnson, Susan Liben, Norman
Naimark, Bill Newman, David
Paglin, Steve Shatzow, Steven
SCHNEIDER, Ronald Trip, Juris
Valainus, Rusty Valid, Gary
Wasserman, and Sharon Whe-
Ian. Alternates include: Eric
Arnold, Cheri Jones, Susanna
Lindley, Gary Loew, and James
Resnick.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21
World Problems Occupy
Northwood Study Group

fOT CIle next 10 weeks, North
wood students will meet twice a
month to discuss eight problems
in foreign affairs ranging from
Red China - Third Greatest
Power?" to UNITED States -
New Directions in Foreign Pol
icy?"
Members of the Great Deci-
sions" group, the students are
participating in an annual ma
tionwide program designed to
enable students to meet and dis
cuss important decisions which
face our nation.
Last year, Northwood's group
was one of two in Maryland, the
other being at Johns Hopkins
University.
The group held its first meet
ing for this year last Tuesday
night, in the home of Suzy Lind
ley, to discuss the topic of "Viet
Nam-Win, Lose or Draw"
Discussion leaders were Steve
Schider and Steve Schatzow.
Mr.. George DeMetz, Spanish in
structor who is familiar with
Southeast Asia through extern
sive travels and experience as a
lecturer at several of it's univer-
sites, served as consultant.
The Great Decisions" pro-
gram at Northwood is headed
by Miss Phyllis Knight, James
Higgins and Miss Katherine
Lynch, all of the history de-
partment.
Group leaders are chosen to
lead the discussion, and consult
ants from the State Department
or Embassies are asked to at
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

Highlighting the induction
was a talk by Mr.. Barkev Kurk,
who has been in Russia four
times, on what the Russian
Thinks of America"
The All Saints Episcopal
Church at Chevy Chase Circle
was the site and Yeching Palace
was the catering service.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

and sparksplugs. "You Can Be
a Leader" will highlight the
closing session.
Ben Solomon, lecturer and ex-
pert on leadership training, will
be in charge.
Interested persons should reg
lister in advance with the Rec
reation Department, Poplar 2
5040.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-02-21

Indicted Friday night were
seniors Bob Michelet, Dick Ship.
man, Gil Tietz and David Krane,
and junior Bob Berliner.
Also, sophomores Ivano Am.
brogi, Larry Cohen, Wayne Fig,
Steve Knoll, Fred Krimgold,
Bruce McGray, Sonny Scott and
Dicky Van Dusen.