davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-08-20

are not members of the New
York Stock Exchange, but have
substantial over the counter
dealings in securities listed on
the exchange.
Data obtained by the Special
Study from OTC-3, a prior
questionnaire distributed to all
registered broker dealers, and
from other sources. indicate
that the over-the-counter mar
ket in securities listed on the
New York exchange has grown
very substantially since l941
when the SEC last made a Sys-
tematic study of this subject.
The new quartionnaire now
being distributed will provide
comprehensive data concerning
growth and characteristics of
this market.
In the first section. each firm
is asked to report its aggregate
volume of over-the-counter
trading in New York Stock Ex-
change securities for the years
1949, 1855 and 1861.
A second section requests the
names of listed securities in
which each broker aler
made a market" in 1855, 1860
and or 1861. 1t also asks the
volume of trading in each such
security during 1861, the meth
ods followed in the pricing of
such securities and other re-
lated data as to transactions
effected by the respondent or
principal.
Another section inquiries as
to commission arrangements
and pricing methods applicable
to transactions effected on an
agency basis. Other sections
ask information about the
placements of transactions on
any national securities ex-
change in connection with con-
Quoting an over-the-counter
business in listed securities, and
the procedures followed in eff
fecting short sales of listed
securities in the over-the- -coun-
ter market.
Each firm is requested to
report. on forms attached to
the QUESTIONABLE, trading data
for the weeks ended March 10.
1861, January IA. 1862, and
May 81, 1862, for those secuTi-
ties in which firm was most
active during the year 1861.
The completed questionnaire
is to be returned to the Special
Study not later than September
IL, 1862.
In a letter accompanying it,
Mr.. Cohen emphasized that re-
ceipt of the QUESTIONABLE
should not be construed as a
reflection upon the firm On
upon any security or the firms
transactions in it.
Evening star., 1962-08-20

Navy's Supply Corps in 1861.
has been named a registered
representative in the Seattle,
Wash. office of Francis I. du-
Pont Co.
Admiral Hetter formerly was
commander of the Navy Avia-
ton Supply Office in Phil
adelphia and the Naval Supply
Center in Bayonne, N. j.
He served in WASHINGTON
during the Korean conflict
and is a Naval Academy class
mate of the present Chief of
Naval Operations, Admiral
George Anderson.
Evening star., 1962-08-20

pace. a reflection of the in
crease in apartment vacancies
and the softnesS in the housing
market in general. Food prices
are at least firm with higher
prices for restaurant meals
pulling the food index up.
Increases SpOtty
The increases in the index
will be moderate, spotty-noth-
ing like the big acrosS-the-
board rises we saw in past in
flation periods and alert man
ayers of the household budget
easily will be able to sidestep
many of them.
And most important is the
picture that emerges when the
1862 price climb is placed
against the 1862 employment
pay background. The fact is,
that millions of Americans do
have jobs and are getting pay
increases that average subStan-
TALLY more than the increases
in the prices of goods and Serv-
ices they buy They not only are
matching the cost of living rise
but also are beating it by
around two per cent on aver
age, gaining real" purchasing
power.
Not sharing in this good for
tune are the unemployed and
their families. Their plight is
the blackest spot in our eco
nomic pattern.
Also not sharing are the mil
lions entirely dependent on
fixed pensions. They lose every
time a price of an essential
product or service climbs.
But bitter though this part
of the story is, it cannot hide
the fact that the higher in
comes of the vast majority of
American families have more
than offset living cost increases
in recent years and in 1862,
this vast majority again will
be enjoying the best bread
and-butter year of their lives.
Distributed 1852 by The Hall syndi-
cate, Inc. All Rights ReservedJ
Evening star., 1962-08-20
METALS

NEW YORK. Aug 20 CAP) Spot
nonferrous metal prices today: Copper
- cents a pound, Connecticut Valley
Lead ga cents a pound New York
Zinc u cents a pound East st. Louis
Tin OSi2 a pound, New York. For
eign silver O9i4 per troy ounce. New
York Pittsburgh scrap steel No.
heavy was quoted today by Iron Age
at - 7OO-2SO
Evening star., 1962-08-20
Norwood Studios
Names William Sturm

Norwood Studios, Inc, Wash
ington film studio, today an
nounced the appointment OF
William Sturm as director of
its new animation division.
Phil Martin, president and
executive producer, said the
company has installed camera
equipment to handle both II
and 35-millimeter animation
photography. Mr.. Sturm pre-
viously operated his own studio
in Hollywood, producing TV
commercials, training films and
features. The company is al
926 New Jersey avenue NV.
Evening star., 1962-08-20
By CHARLES YARsRoUeH

Warner. ChevrOIet's Corvette
leads the field in use of the
four-speed box, with TIA per
cent.
Other percentage figures are
CorVair, 36.7 per cent; Falcon,
six; Tempest, SO, Galaxie, 3.5,
Pontiac %, Chevrolet 1.8 and
Comet, one.
$& -
ChrySler is announcing a
new windshield wiper that
keeps its efficiency under the
stress Of turnpike speeds in
rain or snow.
The wiper, which actually
uses the wind forces to get a
tighter fit on the glass, will
be on all the 1868 Chrysler line
cars.
The Associated Press recently
carried a story out of Detroit
on two instances of children
being caught in a station wag-
one power operated tailgate.
The two incidents, one of
them fatal, happened within
six days.
The second child was choked
unconscious before he was res
cued.
Michigan'S state health COM
missioner promptly labeled any
unattended station wagon with
automatic windows a potential
child-killer and warned fami-
lies against regarding station
wagons as "a sort of a mobile
play-pen."
The National Safety Council
says fatal accidents involving
car windows are so rare that
it does not keep statistics on
them.
4
Lyman Gaylord, former vice
president of Walker g. Cren-
shaw, New York public rela-
tions firm, has been named
public relations officer for the
British Rootes Motors, Inc.
Evening star., 1962-08-20
Economic Statistics
Win More Followers

man. In telling the House
Senate Economic Committee
why he thinks another recess
sion may be far from certain or
imminent, he said:
II sometimes wonder if we
have not become overly sensi-
tive to cyclical indicators. We
read, watch, study and talk
about them so much that We
may have become like medical
students who acquire each dis
ease as they read about its
symptoms in their textbooks" "
Mr.. Martin was discussing
the reliance placed by many of
late on the so-called leading
indicators among the business
statistics. These include such
things as stock prices. the
average work week in manufac-
turing, new orders for durable
goods. housing starts, corporate
profits. The Federal Reserve
chairman warns:
I'VE ought to remember that,
while leaeding indicators have
correctly foretold some recess
sions, they have also on occa-
sionS given portent of reces-
sionS that did not occur"
But businessmen-and the
public-will go on watching the
statistics and drawing conclu-
sionS from them. Many will do
this who don't know how the
figures are gathered, how much
of a Sampling they are, how
large their margin for error.
And they will go on doing this
even after past forecasts have
proved wrong.
And, of course, on many
occasions the statistics follow
ers will turn out to be quite
right.
Evening star., 1962-08-20
Silver Spring Picked
By Maryland Joycees

Silver Spring has been
selected as host city for the
Maryland Junior Chamber of
Commerce annual fall con-
vention october S and 6.
James S. Skinner, president
Of the Silver Spring Junior
Chamber, said So chapters are
expected to send delegates.
Evening star., 1962-08-20
RuiIroud Sole Set

NORFOLK. Va, Aug. 20
(AP).-The Atlantic & DAN
vile Railway Co., 73-years-old
and ailing, will be sold Septem-
ber % ito the highest and best
bidder" United States District
Judge Walter E. Hoffman
signed an order on Saturday
authorizing the sale.
Evening star., 1962-08-20
BY SAM DAWSON
Associated Press Financial Writer

NEW YORK, Aug. 20-Eco-
nomic statistics are faScinat-
ing a growing number of people
these days. The next recession
when and if will arrive after
a flow of publicity that must
be the envy of every Broadway
press agent.
Pouring forth in ever great
er volume from electronic COM
puters, figures fashion the
thinking and planning of busi-
neSSmen. help set wage scales,
send customers to the stores or
keep them away, influence the
setting of interest rates, deter
mine stock trading decisions.
The making of charts has
long been a preocupation of
many stock traders. They buy
or sell when the figures reach
a predetermined point (called a
breakthrough) and seem to in
dicate a trend. And even if
the bull or bear market doesn't
materialize as the charts sug-
gested, the number of traders
acting upon the signals they
give will have an immediate,
if passing, effect on current
stock prices.
Wages Affected
Statistics gathered by the
Government to show the trend
in the cost of living-although
often attacked as inadequate
can raise sometimes even
lower wage scales tied to this
index by labor contracts.
AS economic statistics multi
ply and more economists study
them for hints of future trends,
businessmen pay more heed.
And now the public is taking
up the practice. Newspapers
and magazines are full of fore
casts based on the trends that
some see in the statistics.
Congress is urged to react to
them, or to wait for them
Consumer psychology is affected
by the figures themselves, when
once it followed actual personal
experience.
Just as buying or selling by
chart followers can influence
the stock market, so studying
of economic statistics and act
ing on such guidelineS may
bring on a trend or accentuate it
Martin Is Quoted
Evening star., 1962-08-20
SEC to Press Study
Of Listed Stock Trades
Outside of Exchonoe
BY DONALD B. HADLEY
Star Financial Editor

The Securities and Exchange Commission will intensity
investigation of the steady growth of trading
in stocks listed on the New York Stock Exchange.
Milton H. Cohen. director of the commissions Special
Study today announced that QUESTIONABLE designated
OTC6 is being distributed around As brokerdeaIer
Evening star., 1962-08-20
OVER COUNTER

Following prices furnished by the Ma
tiOnal Association Of Securities Dealers
in Washington represent the range within
which locally active securities could have
been bought or sold at / pm. Monday,
August %. 1850
Evening star., 1962-08-20
TREASURY BONDS

NEW YORK (AP) Noon over the coun-
ter U. s.. Government Treasury bonds,
bid, asked, net change and yield for
Evening star., 1962-08-20
Rear Admiral Hetter
To Become Broker

Rear Admiral Frederick L.
Hetter, who retired from the
Evening star., 1962-08-20
Martin Is Quoted

At least, that seems to be the
view of William McC. Martin,
Federal Reserve Board chair
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1962-01-31

had them tell me that
I'm Tabor City they read g
lot of current things. And love
stories. They read some of the
better books too
The Pioneer Study Club IN,
Kept alive a real interest in
books
Tabor City needs a !ittls
library. I'd be glad to set il up
Tor them. l could let them have
number of books at a time
L. use. If they could get son -
one To keep il open.
Il let the school in Tabor
City have Il lot of Classics fC..
the students. The school lib
rary is a good one, and that
helps out a lot, but Tabor City
could support its own town
library two OF three days a
week.
There's been some interest
Shown i'll one. and we've had
good support from some of the
People there. There's been
quite a little discussion about
II, but | don't know that any
thing has come of it.
I'VE hope Tabor City and
Chadbouin will both have lib
rdricS before too lohg.
I'VE could stock them. and
IN the meantime if they wcr.
;bl" they could start buyir,
books and building up their
stocks.
We can get books for PEG
PIE other than what we hay,
/ IN stock. We can get them from
the State library at Raleigh. G.,
fiom the University at Chapel
Hill. or at Greensboro. W,
cen even go TO the Library OF
Congress if we have to. bu.
It's long drawn out process.
Its much better to hay,
the books here, but of course
you can't get them all.
"Gcnerally we don't hay
much trouble getting the books
back after they've been loan
I'd out. Sometimes we have a
little though.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1962-01-31

"At one stop made not LONG
ago, a little girl asked me Tor
whole stack of picture books
Tor children. couldn't imagine
what she wanted with them.
She had been through them
long ago. She told me she was
teaching her father to read
Il was SO embarrassed whca
Sh. told me. Her father was
standing right behind us.
1T isn't always necessary
that there be an interest l..
the home though. Although it's
important. If a child has some
interest in learning, and can
get a little boost from the
school, he can come out ali
right.
Some of the things that
happen when I'm out on the
truck are amusing
One day l stopped at a
house where woman hap
been getting books, and her
husband was waiting for me.
He told me he wished !
wouldn't stop there any more.
He said he was never going -
get another biscuit as long as
there We're books around. He
even offered me five dollar,
rot To stop there any more.
Il asked him what was the
Importance OF five dollars.
There was another man wnr
asked me not TO stop at his
house because his v,ifc'S read
Ing intcrfercd with his watch
Ing telcviSion.
Il asked him if he watched
Philbrick'S 1 Led Three Lives.
That was some time ago. He
said he did and | asked him j:
he'd like TO read the book.
He didn't know there was
che: i gave II 10 him and he
read it, and he hasn't said
anything about my stopping
there since. He even reaCs
something once in u while.
Some wives have 10 hide
books under the mattress when
their husbands come home. I've
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1962-01-31

{ Il had in overdue card for
d book mad let q woman
have, and she told me she new
CT got IL. Well, | had the card
right there i'll my hand with
hcr name on il. but what can
you say?
so | told her all right, tina,
had possibly made a mistake
"Eut before | left, one of the
/ children came out 10 the truck
and he had the book and he
said his mother found il be-
hind the bed.
There are all kinds of sat
iStactionS that | get out of this
work. ! like to be able To take
books 10 mvalidS and sick pee
pie.
There are several invalids
/ that | stop to see regularly
| And you hear about the oncS
that are sick. Pcopl2 come up
10 me and tell me about some.
one they know who is sick who
would like Il book. IT'S Away
helpful To stop.
And | enjoy helping people
J eject books. | have quite 4
, few OF them VINO wont pick
Uat their own. | encourage
them TO, and sometimes they
do. but most of the time they
bring them back and tell me-
thcy didn't read th,m. So I
help them when | can.
And helping school children
Is important. | had woman.
call me few days ago, it was
on Sunday, and she asked me
Tor some information on tho
ECr!in crisis. Her son had u
write report for part @.
. his mid-tcrm exams. | told her
. didn't know OF anything RICH,
! off hand. but that | would look
through some magazines and
. see what | could find.
Il found a good article and
save II 10 the boy. His mother
I vsmc III when he got his exam
2 lack and said ne made ninety
/ That's the kind of thing that
makes the work worthwhile.
Its Il thing you can't mca-
sure in dollars and cents. It's
such 4 Joy to see people grow .
It's not work to me.
Il came from a family tina,
was interested in looks, II.
/ learning. I'm never too tired 10
/ open a book"
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1962-01-31
Edna Creeeh
Continued From Page -

Continued From Page -
started, and then they can
graduate to something a little
better. Most of them do, too.
Most readers try to 90 on to
S1better books.
Don't get the wrong idea.
I'm not intelligencia. l read
fiction
Good books pay off. You
can't possibly lose by an asso-
citation with good material.
There are some books, quite
i few Of them lately, that lot
o: people think ought not to be-
on the shelves. But l don't
know. You can learn from ali
fokindS of books. and don't
think you should avoid a book
just because it's not like wha,
you know or believe. That
could be bad.
II had a young college BOY
come to see me not long ago.
He was in his first year. And
he was having n terrible time
with his studies. He had dis
covered after he got to col
lege that he couldn't read. He
5JuSt didn't know how to reac:
well enough.
He blamed his parents 70.
II. He told me he blamed them
tor not teaching him the im.
portance of reading.
He had some .cal saps.
And he wanted 10 I'll them. 1t
upset him to talk about it. We
had a little argument light
there. He was con. Inced that
Aii his parents had only taught
vhim the Importance Of reading
he wouldn't be having the
trouble.
But / told him ne shouldnt
nc, sSarily blame then. Per-
haps they didn't h lrc the back
ground either.
II see a lot of parents who
don't. But you can't Away.
blame them
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1962-01-31
FOR SALE - Three Bedroom

OK SALE - Three Bedroom
home in Pine Heights. Brick
Structure with Asbestos top.
Paved Drive and walk. Nice
wooded lot with many Azai-
cas- and other Shrubbery. Sec
r. Thclton Boyd, phone
SILL Tabor CITY. CTFD
Evening star., 1962-01-27
AUCTION SALES
iCONIlNlJEDl
THOs. J. OWEN & SON,
Auctioneers, I'LL 4 Street NV.

TRUSTEES SALE OF VALUABLE
TWO-STORY DETACHED PAR
TALLY COMPLETED BRICK
DWELLING BEING KNOWN AS
PREMISES $500 JENIFER STREET
NORTHWEST.
BY virtue of q certain deed Of trust
duly recorded, In Liber No. 1889,
Folio 494 ct seq., Of the land rec
ords Of the District Of Columbia,
and at the request Of the party
secured thereby, the undersigned
trustees will sell, mt public auction
in front Of the premises, on
MONDAY. THE TWENTY-NINTH
DAY OF JANUARY. AID; 1862.
AT FOUR-FIFTEEN O'CLOCK
PM. the following described land
end premises, situate in the Dis;
as and being Lots 2S and 20,
in Square 1855 in a subdivision
made by the Chevy Chase Land
Company and others known as
Chevy Chase Heights as per plat
recorded in the Office Of the
Surveyor for the District of CO.
lumbia in Liber 36 at Folio 40;
taxed as Lot S22 in Square 1855;
subject to building restriction line
Of record.
TERMS: Sold subject to q prior
building association deed of trust
for approximately $24. .393.79; fur
ther particulars Of which will be
announced at time Of sale: the
purchase price above said trust
to be paid in cash. A deposit of
$1,000 required. Conveyancing, re-
cording. etc. at purchasers cost:
Adjustments made as Of date Of
sale. Terms to be, complied with
within thirty days, otherwise de-
posit forfeited and the property
the discretion Of the trustees.
FRANK PARONI.
E. SPENCER FITZGERALD.
ja1S,20.23,25,27 Trustees.
THOS. J. OWEN g. SON,
Auctioneers, III Street NV.
Evening star., 1962-01-27
Samuel W HAUSER,
WILLIAM T. LEITH.
ROBERT N. TAYLOR.
ao7 3O-feO S7 Trnetae
ADAM A. WESCHLER & son,
Aucti0neers

TRUSTEES SALE OF VALUABLE
TAcHE6 TTls1SE5 FRAME FsR cEt5AE bAE111RG re
KN9WN AVfNUE sE AS 1901 ALABAMA
By virtue Of a deed Of trust re-
corded, in Liber. No. 1013O, Folio
313, ct sea-, of the land records
of the District of Columbia, and
at the request OF the party Sc
cured thereby the undersigned
trustees will offer for sale by
public auction. in front of prem
DAY OF OF FFBR0RRY,, FF7BR6RY, 1865. lMs AT AT
3:30 O'CLOCK PM. the following
described property in the District
OF Columbia, to-wit: All of Lots
"a and Is in Block & in Joseph
Wahler'S subdivision of part OF
"Kisciuszko Place" as per plat
recorded in Liber County 21. Folio
in the Surveyors office for said
District: except the Northerly 90
feet thereof condemned and taken
for widening Of Alabama Avenue
by proceedings in District Court
Case No. 2Sl1 in the United
States District Court for the Dis
trict of Columbia and shown on
piaG IeCoLS u III LlDeT Ia, FOllO
~ in said ,'urveyor's Office. Said
property now taxed as Lott SO3
and sos in Square 5944.
TERMS OF SALE: All CASH. A
cash deposit of $500 required of
purchaser at time of sale. Exam
ination Of title, conveyancing, re-
cording, notarial fees and reve-
nue. stamps at cost Of purchaser,
after five days advertisement of
such resale in some newspaper
published in Washington. D. C,
or deposit may be forfeited, or
without forfeiting deposit trustees
may avail themselves of any legal
or equitable rights against de-
taulting purchaser.
r. EDWARD EARLY,
EDMUND M. EMMERICH,
THOMAS R. HARRISON,
jao7,3l -fe2,b,7 Trustees
Evening star., 1962-01-27
PROPOSALS
ALTERATIONS AND ADDITIONS

AND ADDITIONS TO
18th and B" Streets NE. Wash
ington. D. C Invitation No. c.
62112-BD Bid forms. plans and
specifications are now available
from Procurement office. D. C..
Room 404. 400 Pa. Ave. NV.
upon deposit Of a certified check
for 500 per set. payable to D. c.
Treasurer (phone MA. $4,000. Ext.
44S). SEALED BIDS to be
opened 3 PM. EST. February 81.
1862. in Room 424. 400 Pa. Ave.
NV. ta26. .27.29. 80. 31-fel
1856 4-door S. No.
15926479 will be sold for the
HIGHEST bid received by or before
5 PM. February 2. 1862. at
Royal N 1rs,. C; 400 Georgia
Where the car may be seen dur:
ing business hours. r. Z. BART
LETT. Attorney-in-Fact. 1a27.2S.29
Evening star., 1962-01-27
"''sS go KAIAssi K STREET ASrS.He''' NV.
Executive 3-34SO
TRUSTEES, SALE OF VALUABLE
PREMISES KNOWN AS S5 UN-
DERWOOD STREET NORTH

TRUSTEES SALE OF VALUABLE
PREMISES KNOWN AS S5 UN-
DERWOOD STREET NORTH
BY virtue of a certain deed Of trust
duly recorded, in Liber No. l0996.
Folio 159 of the land records of
the District of Columbia. and at
the request Of the party secured
thereby. the undersigned trustees
will sell. at public auction in
front Of the premises. on TUES
DAY. THE SIXTH DAY OF FEB
RUARY, 1862, AT ONE-THIRTY
O'CLOCK PM, the following de-
scribed land and premises, situate,
in the District of Columbia, and
designated as and being Lot Nine
ty-six (96) in Square South Thirty
three Hundred Sixty-seven Is
TERMS: Sold subject to a prior
deed Of trust for approximately
SS.426; further particulars of
which will be announced at time
of sale: the purchase price above
said trust to be paid in cash. A
deposit of $500 required. Con-
veyancing. recording. ETC.. at pur-
chaser'S cost. Adjustments made
as of date of sale. Terms to be
complied with within thirty days.
otherwise deposit forfeited and
the property may be advertised
and resold at the discretion of
'' MARY PERRY.
JACOB SOPHER.
1a27-fe1.5 Trustees.
Evening star., 1962-01-27

TRUSTEES SALE OF VALUABLE
END OF ROW BRICK DWELLING
BEING KNOWN AS PREMISES
NUMBER 3711 KANSAS AVENUE
NORTHWEST.
BY virtue of certain deed Of trust
duly recorded, in Liber No. 10O1 4,
Ords of the District Of Columbia.
secured thereby. the undersigned
trustees will sell, at public auction
MONDAY, THE FIFTH DAY OF
FEBRUARY. AID. 1862. AT TWO
TWENTY O'CLOCK PM. the fol-
lowing described land and prem
ises, situate in the District Of
Columbia, and designated as and
being Lot 90 in Square 2902 in
Rutty's subdivision of tract Of
land known as "Padsworth" or
"Petworth" as per plat recorded
in the office Of the Surveyor for
the District of Columbia in Liber
SO at Folio 42; subject to cove
nantS of record.
TERMS: Sold subject to a prior
building association deed of trust
for approximately S9,663.56; fur
ther particulars of which will be
announced at time Of sale; the
purchase price above said trust
to be paid in cash. A deposit of
$500 cash or certified check re-
Quired Conveyancing, recording,
ETC., at purchaser cost. Adjust
ments made as Of date of sale.
Terms to be complied with within
thirty days, otherwise deposit for
advertised and resold at the dis
cretion of the trustees.
JOSEPH G. WEEDA,
TnCEpu TApTANA II