davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-08-06

ances" are desired before the
United States recognizes the
Peruvian regime which took
power rather than accept the
results of this years voting.
The viewpoints of Gen. Perez
Godoy were expressed yester-
day in cabled replies to ques-
tions submitted by a cores
pondent in Washington.
In addition to his comments
on election plans, Gen. Perez
Godoy pledged a clean govern
ment in Peru. operating on a
balanced budget. announced
the junta's readiness to join
other hemisphere nations in
collective action against Com
munist penetration. and offered
continuing friendship to the
United States and the other
Western democracies.
Diplomatic observers kere
speculated the generals state
mentS might help clear the
atmosphere for United States
recognition of the junta gov
eminent. United States Off
cials expressed keen interest in
the replies but withheld COM
ment until they could be studied
in detail. United States aid
to Peru was cut off soon after
the junta seized power.
Anti Communist
Gen. Perez Godoy, who
stressed the junta is strongly
anti-Communist. said the Com
munist Party would not be
allowed to participate in
Peru's elections next June 9
because the Constitution of
Peru forbids it.
The junta, he sair, comply
ing with Peru's international
obligations, is ready to take
part in collective continental
action against any form Of
Communist penetration" 1t
seemed clear he means that
Peru would join the United
States and other American re-
publics in any new action
against the Fidel Castro die
tatorship in Cuba.
Gen. Perez Godoy said 1.-The
old friendship between Peru
and the United States is an
essential point" of the junta's
policy of full cooperation with
other American republics in
defense Of "the principles and
values Of democracy"
The Kennedy administration,
apparently anxious to dis
courage military men in other
Latin American republics from
overthrowing elected govern
ments, suspended relations i'm
mediately after the coup in
Peru.
U. S. Keeps Door Open
Possibly as a result, not one
American Government except
the dictator regime in Haiti has
recognized the Peruvian junta.
However, 16 other countries.
some Of them key nations of
Western Europe, have done so.
There have been increasing
signs here, however, that the
United States Government is
the door open for rec
ognition once it is satisfied
about the promised elections.
A special emissary Of the
Peruvian government, Victor !
Andres Belaunde, veteran dip
lomatic troubleshooter for Peru,
secretly in Washington
Evening star., 1962-08-06

the rail was shut off following
a telephone call from the CASH
Ter at the terminal to a dis
patcher.
Evening star., 1962-08-06
Leader of Peru Junto
Pledges Fair Elections
BY BEN F. MEYER

The President Peru's military government unta Gen
Ricardo Perez Godoy promises that presidential
elections will be absolutely impartial and that the winner will
get the office.
That point mentioned by President Kennedy at
conference Wednesday which clear
Evening star., 1962-08-06
NEW FORMULA
NEW FORMULA
Better Than CaIamine Lotion
For Relief of Itch

Combines on-tch medieotions prescribed by doctors
for fast relief Soothes for hoUrsI Aids heolingl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
GEO Sales and Net
Reach New Hiqhs

Government Employees Corp,
auto finance affiliate of Gov
eminent Employees Insurance
Co. had record net income of
$545,429 for 1861, a gain of %
per cent from $443,028 in the
previous year, it was announced
by President Lorimer A. David
son yesterday.
Earnings were equal to 1922
a share, compared with $2.37
a share in 1860, adjusted to
the same number of shares.
Volume of loans aggregated
$21 ,265,948 to 11,039 borrowers,
against $19,024,417 to 10,15S
in the previous year.
The report to shareholders
showed total assets of $23,171,-
844 at the end of 1861, COM
pared with $18,405, 439 on the
same 1860 date.
OF the total loans, mobile
home financing accounted for
$1,658,369 and new boat financ-
ing contributed $69,523.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
Steel Buying
For Inventory
Spurts Again

NEW YORK, Mar. 7 (AP).-
Inventory-building by steel
users has spurted once again,
the Iron Age said today.
The Woodworking weekly said
a new sense of urgency was
impaired by brakeoff of steel
labor negotiations last week
end. Many steel buyers rushed
to place orders for May and
June delivery.
However, the magazine said,
automakerS and some other big
consumers held steady from the
first of the year in their stock
piling plans, and were not in
fluenced by late February opti-
miSm for any early settlement.
There had been some can
cellationS and setbacks, but
these were more in line with
current needs, such as some
auto production schedule
changes" it said.
The Iron Age said that the
volume of steel going into in
ventory building in the first
three months was estimated
conServatively at about "a mil
lion tons-not counting an
accumulation by steelmakers of
about S million tons in their
own stocks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
Silver Spring
Hotel 10 Cost
81 Million

Construction will start this
spring on a new 10-story luxury
motor hotel in Silver Spring,
Md, it was announced today
by Fon j. Montgomery & As
sociates, architects.
LOCATED on ColeSville road
near Fenton street, the new
establishment with la motel
rooms will cost 50 million. It
is to be completed around jan
uary /, 1868.
Among its special features
will be a modern restaurant,
reception and club rooms, a
swimming pool and on-site
motel parking.
Permanent financing for the
project has been arranged with
Massachusetts Mutual Life In
surance Co. through Shannon
& Luchs Co.
Joseph F. Nobel Co. will be
the contractor ard Inter-Con-
tinental Air-Park Motor Hotels
Inc, will operate the property.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
CHICAGO
LIVESTOCK

CHICAGO. Mar. Z (AP) CUsDA).-
sows steady: fair shipping demand; 40
head. Is 200-210 ID butchers 1850;
mostly 1-2 190-225 lbs 16.S5-17.25;
bulk mixed 1-3 190-240 lbs 1926
1878: 1-2 160-1S0 lbs 16.00-16.5O;
mixed 1-3 230-250 lbs 16.O0-l6.5O: 2-3
100000 lbs 15.50-l6.0O; 3O0-330 lbs
l5.35l5. so; Id 100000 ID SowS IA 90
1925; 500-600 lbs 1350-14.25.
Cattle, 10000: calves, none: slaugh-
ter steers and heifers fairly active,
generally steady. spots strong on good
and choice under l 100 Id steers and
few sales choice over l ,150 lbs weak
cows steady to weak; bulls steady;
vealers and stockers and feeders scarce,
fully steady: load and a half 1,4OO ID
1.225-1 400 lbs 30.25,; numerous loads
prime and mixed choice and prime
IL 50-1,3 $50 ID weights 29.OO-3O. 90:
bulk choice 950-1 400 lbs 26.50-2S.75;
mixed good and choice 25.5O-26.25;
most good steers 23.00-25.50; two loads
utility and standard Holsteins 5000
2O.75: load high choice 1000 Id heifers
27.75i choice largely 25.75-27. 90; good
and low choice 22.50-25.00; utility and
commercial cows 15.00-17.5O; Gamers
and cutters 1350-16.50; utility and
commercial bulls 19.00-21 80; few
standard and good vealers 21.OO-31. 90;
load choice 7l5 ID feeding steers
25.35; load medium 500 lbs 22.OO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
YOUR
MONEYS WORTH
Save on Taxes VIII
~ SYLVIA PORTER
lin Collaboration with Institute Of American


you received in the years 1858
1859 and 1860. BY so doing,
you will create tax refunds fol-
yourself.
While getting a tax refund
is ordinarily a slow process
there is a special, fast pro-
cedure for obtaining the kind
of refund which comes from
a "carry-back" deduction. II
you are entitled tc this, check
at once with a professional tax
adviser.
Be Prepared
A large casualty loss deduc-
ton is normally a "red flag
for a tax agent; so be prepared
to prove:
The nature of the casualty
and when it occurred-or, il
your deduction is for a loss
from theft, when the theft was
discovered;
That you were the owner of
the property, and have ready
a purchase contract or deed to
show the cost, and cancelled
checks or receipts to support
Improvements you made to it;
If yours was a case of theft,
that the property actually was
stolen or if your claim is for
a casualty, that your loss was
a direct result of the disaster;
Depreciation allowed or al
lowable, if any;
The amount of insurance or
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07

Many homes and business
properties suffered damage In
1861 as a result of hurricanes
fires, storms, floods and other
natural disasters. If you were
among these unfortunates
make sure you get the great
est possible tax benefit from
your casualty loss deductions.
Basically, the amount of your
deductible loss is the difference
between the value Of your
property before and the value
after the damage - although
your loss deduction cannot be
bigger than the cost of the
property, adjusted for tax de-
probation where business
property is involved.
You must be prepared to
support this deduction. A writ
ten appraisal by a qualified
real estate expert who can
testify to the drop in the prop
erty's value will help you back
up the casualty loss deduction
which you claim. Photographs
of your property showing its
condition before and after the
damage will assist you too, and
if you have any photographs,
get them together now in safe
place.
Shortcut Method
You can use a shortcut
method to figure out your
casualty loss If you wish.
Instead of trying to estimate
the value of your property be-
fore and after the damage, sub
NIT the amount you spend to
repair your property as your
casualty loss. But don't use
this method if the drop in
value of your property after
the damage is clearly larger
than what you spend on re-
pairs. In fact, you should
make it clear that your repairs
have not restored the property
to it's full pre-damage value,
for otherwise the Treasury may
try to limit your deduction to
the cost of the repairs you
made.
Also do not forget to add to
your casualty loss deduction
the cleanup costs you incur
after a storm, flood, fire, other
disasters. The expenses of car
ing for personal injuries or
moving to or renting tempo
rary quarters or temporary
lights and fuel are not part
of your casualty loss deduc-
ton, however.
Do not take damage to your
business inventories as a cas-
ualty loss. You will get your
loss deduction automatically
because your closing inventory
for the year will be cut by the
damage.
If you suffered casualty
losses to property which were
greater than your income in
1861, you may carry back" the
amount by which the loss ex-
ceeds your 1861 income and de-
duct the amount from income
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
New Records Set
BFCrown-Bremson

Net income of Crown Brem-
son Industries, Inc, which
operates Crown Photo Serv-
ice of Alexandria, reached a
new peak of $284,147 or 81 cents
a share in six months ended
December 81, compared with
$220,187 or "a cents a share
in the same period a year ear
lier, President Robert S. Brem-
son reported in Kansas City
Mo.
Record net sales in the period
totaled $11,017,319, compared
with $10,184,257 a year earlier
The firm maintains 80 plants
in IL States and has regional
offices in six cities, including
Washington,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
other compensation received or
recoverable on the property.

other compensation received or
recoverable on the property.
Among the uninsured losses
which qualify as casualty de-
auctions but which taxpayers
often fail to claim are: termite
damage If the loss was caused
within a relatively short time,
such as % months; damage to
trees or shrubs by storm or I'M
precedented drought, damages
to your Car caused either by
your faulty driving or another
PERSONS faulty driving.
TOMORROW: Trips as Med
ical or Business Expenses.
distributed 1862 by The Hall
Syndicate Inc. All Rights Reserved)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
Sears to Address
Life Underwriters

F. Douglass Sears, Insurance
Commissioner of Maryland, will
address the Suburban Mary
land Life Underwriters ASsocia.
ton at a Capri Restaurant
luncheon at Wheaton, Md. Fri
day.
Commissioner Sears will dis
cuss replacement" in the life
insurance business in Mary
land.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
Anchor Post Shows
Smaller Eorninos

Anchor Post Products, Inc.
Of Baltimore, which has many
stockholders in this area, had
net income of $346,591 or $1.02
a share in 1861, compared with
$494,806 or $1.45 a share in
1860, the annual report from
President Charles w. Burton
jr., disclosed.
Net sales for the year ag-
gregated $19,366,615, compared
with $20,140,048 in the previous
wear.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
Allegheny Pepsi
Earnings Improve

Allegheny PepSi-Cola Bot.
Ting Co., which serves a large
part of Maryland and Southern,
Pennsylvania, had net income
of $164,937 in 1861, a gain Of
% per cent from 1860, Presi-
dent Morton M. LapideS an
nounced.
The net was equal to 571S
cents a share, compared with
As cents in the previous year
This does not take into account
a 3 per cent stock dividend PAID
January IT, 1862.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
Coffee Information
Center OKdunized

The % member countries of
the international Coffee Agree
ment have set up the World
Coffee Information Center at
801 Nineteenth street NV.
The center will furnish in
formation on coffee to news
men along with free cups of
coffee.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
METALS

NEW YORK, Mar. z (AP).-spot
nonferrous metal prices today: Copper
~ cents q pound, Connecticut Valley.
1ead ga cents a pound, New York.
zinc II cents pound, East st. Louis
silver LOLA per troy ounce, New York,
Pittsburgh scrap steel No l heavy was
quoted by Iron Age at 33.00-34. 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07

peak losses of developing the
company's electronic data proc
essing systems were passed in
1861 and that 1862 costs will
be cut around SO per cent be-
low the previous year.
1--WE expect 1868 costs to be
halved again." he added.
Initial Work Completed
The lower costs will be &C
complished because much of
the initial development work
has been completed, greater eff
ficiency has been attained and
because RCA is wedding out
activities in unproductive fields
and concentrating in those that
show the greatest promise,
he said.
Among the promising areas
are insurance, public utilities
and the Government, he de-
clared. To a later question as to
what fields in which the EDP
work would be concentrated,
he said this was a secret which
it was hoped competing IBM
and Sperry Rand would not
learn.
.RCA earnings have had to
absorb the heavy costs of EDP
development and when the new
business gets on a profitable
basis, by the end of 1864, the
.company's earnings per share
should rise to new all-time
highs, the speaker said.
1--WE expect per share earn
.ings then to 60 well beyond
the previous peak" he declared.
$3.16 a Share Was Peak
In 1861. sales OF SIS billion
were up slightly from 1860, but
net profit of $35.5 million was
off moderately from 1851 mil
lion in the preceding year, he
pointed out. The per share net
of $1.95 was well below $2.10
in 1860 and far behind the rec
ord of $3.16 a share in 1855.
RCA expects gross rental and
sales income of more than 5000
million from data processing
development in 1862, he said.
These activities accounted for
more than 500 million of the
company's 1861 defense book
ings. Defense data processing is
expected to rise 20 per cent in
1852
The company also has en-
tered the world computer mar
ket through sales agreements
with English and Japanese
firms, he pointed out.
RCA'S earnings picture was
improved in 1862 by continu-
ing growth and increased prof.
liability Of established busi-
nesses and the emergence of
color TV as a profit contribu-
tor, he added. The company's
investment in color TV already
appears to be one Of the sound
est it ever made, he declared.
NBC Sets Records
Mr.. CORN said RCA's Ma
tional Broadcasting Co. which
operates Stations WRC and
WRC-TV in the Washington
area, had the highest earnings
in its 35-year history in 1861.
An electonics project with
the Italian government could
become a foothold for the COM
pany within the common mar
ket, he added. RCA has an OPP
ton to buy out the Govern
ment under a fixed formula,
he declared.
No company has come for
ward so far to make the color
TV tube, which RCA developed,
but this could happen, he said.
So far, other companies have
not had the volume to permit
them to make the tubes them
selves, he said.
Company sales reports for
the first two months of this
year look good, with volume up
nearly 20 per cent from 1861,
he reported.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
Store Is Moved

District Display Co. has
moved it's store to 712 Seventh
street NV, from 408 Eighth
street NV. and expanded its
lines of display material to in
clude greeting cards.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
-RCA Expects to Trim
Costs Of EIectronic
Computers Sharply
THE EVENING STAR
BY DONALD b. HADLEY


The young eleconc computer business of Radio Corp Of
America developing strength to stand on its own feet and is
expected to reach the beakeven stage by late 1864 Ernest
CORN, vice president and treasurer reported here today
Addressing the Washington Society Of Investment Analysts
at Occidental Restaurant luncheon Mr. CORN said
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07

reported net income of 1855 $50
or So cents a share after taxes
in 1861, compared with 1921 ,514
or 48.3 cents a share in 1860.
Sales rose to $4,253,095 in
1861 from $3,980,70O in the pre-
iouS year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
Long Island Pepsi
Reports 1861 Gains

Pepsi-Cola Bottling Co. of
Long Island, Inc, which has
major stockholders in this AREA,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
OVER COUNTER

Following prices furnished by the Ma.
tlonal Association of Securities Dealers
which locally active securities could have
been bought or sold at pm, Wednes.
day. March 1910. F'' "SNieS'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
What's fare for one is fare for all

We're sure you've noticed that start
ing in March, all transatlantic air
lines are offering the same new low
jet economy fares to groups of Is or
more flying to Europe and the Mid
die East
But may we point out, in all mod
esty, that A1R-INDIA is the only serv-
icewhich offers you, along with these
remarkable savings, lavish Eastern
hospitality and uniquely individual
service designed to make each and
every passenger feel like a PAM
pered potentate.
About eligibility: Your group must
consist of a minimum of Is persons
members of the same established
organization prior to the time reser-
vations are made, and at least six
months prior to departure. Most es-
tablished organizations can bring
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-07
MITCHELL IS HONORED
AMERICAN STOCK EXCHANGE
Sales High Low 300 Chg.

Furnished BY the Associated ACTIVE ISSUES
Symbols Explained Notes Following New
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-11
MOUNTAIN PROPERTY
tcoNTINUED)
RIVER VIEW PARK

RIVER VIEW PARK
ON SHENANDOAH RIVER
Rec. area. Fishing, boating and
docking privils. incl. with lge
wooded lot. Paved roads TO prop
and elec. to lots. mi. to Charles
Town. Now is the time to see
while leaves are gone. Most lots
S695-S995. Only S25 dn. and S10
per mo. See Nov. IL or IL. Dur
ing wk. call TIE. 6-7S40. DIR.
Rte. beyond Leesburg 3 mi, Rte.
. beyond Hillsboro. s mi. to sign
River View Park" left . mi.
SPERRYVILLE. VA.-5O-acre horse
and cattle mountain farm. 3,5O0-
IT. frontage. 5-rm, house. bath.
Sl2,50 Terms. Elk. 3-7400.
MOUNTAIN - Approx.
293 acres. Sl1,25O. Waugh Real
Estate Agency, Culpeper, Va.
as ACRES of wooded mountain
property with old house, barns,
coed spring, excellent hunting.
Easily accessible and panoramic
view. Located 35 miles west of
Winchester, Va Adjacent TO
S.000-acre game refuge. Total
price. 5000 with terms.
Also, several ether smaller tracts
Of land near Winchester. For
apt. call OWNER, 703-662-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-11
MACHINERY and EQUIP.
AN AUCTION
LATE
CONSTRUCTION
EQUIPMENT

Nov. 90, 10 AM, 10 miles
west Of WASHINGTON. D. c.. on
U. s. Hwy. 50: All belongs to
J. o. & c. NJ. Stuart, Inc, quit
ting highway, construction and
selling equipment, including: (2l
Euclid SS-24 motor scrapers (new
in '61l w/12V-71 diesels; GU Cat
OWL motor scrapers, SECS, new
in 81; t2l Cat DW-20s, SSEs
t1960l VASE scrapeTs; Euclid
14TDT wICummins diesel, 36sH
scraper; LeT-West D Tournapull:
Cat Cat SO and nd (21 BE Ed B1I70 seTa GRAZ
Tractors, 34As w/Cat &c Cushion
Push Dozers, new go and 81;
Cat No. Q hyd. ripper; Cat. DISH.
36A w/SS dozer; Euclid CO W.
tipdozer, new 81; (2J INC TD-a5s
" Ldozers, new 80 and 81; INC
TD-24l Pusher w/torque converter;
INC TD-1S2 w/dozer; INC TD-15
why'd dozer, new 81: Cat g77
POWER SHIFT Loader, new 81,
very good; t2l Euclid 91FD End
Dumps wiGMC 6-71 diesels, new
90: Northwest 25 Dragline with
GMC diesel so boom: NWo5
Shovel and Hoe attachments;
koehring 304 Dragline w/Cat
D-31S,. As. boom, good; Koehring
304 Shovel attachment: Buckets:
go Cat No. IFS. 70D and ST
wIoil clutches, hyd steer. scarf
fiers; Cat. No. IL, ST, fair: Fer
guson 25-ton SP Pnue Roller:
Ferguson sP-19 Pneu Roller:
Bros 5O-ton Compactor; a. so"
and 40D Sheepfoots; Bros 10 wheel
Pneu Roller: Blaw-Knox P-l50
SP Base PAYER, good: Jersey 1O2
Spreader,. very good: Cleveland
ITO Ditcher; C2) Schramm 20
CompresSors; Mobile Core Drill on
Jeep, good; McK-T No. 2 Pile
Hammer, very good; Road Curb
ana Sidewalk Forms. Pumps. Vi
orator. Barco Hammer. Power
saw, Power Trowel, 4.000-lb. de-
molltlon ball, other small items:
80 Mack B63SX Tandem diesel
Truck Tractor, good: Rogers 30
ton Tandem Lowboy. so Chev.
Flatbed: Tank Truck: az go Ford
Pickups; Van Trailer. WRITE,
WIRE, CALL Auctioneers for De-
scripttve List! FINANCING on the
spot Available to Contractors on
Major Items. or Complete PAY
ment Sale Day by Cashiers or
Certified Checks! Each Piece Posi-
lively Sells to the Highest Bidder.
No Bid-ins, No Buy-bscks. No
Minimum Prices! J. o. a. C. M.
STUART INC, Bethesda, Md,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-11
TIDEWATER
SOUTHERN MARYLAND

l-st. Leonard Greek, 81 acres on
paved road, 1900 IT. waterfront,
81 mi. d. c.. $4,000.
River, 100 IT. water
front LARGE lot with nice lawn,
fruit trees. electric kitchen, large
living rm. with fireplace. jail
ousied porch, lovely view; arte-
sian well, pump house, As mi.
d. c.. Sl2,00u.
River. . homes: a.
bedrm. brick home, . baths, huge
LIVING rm., fireplace, larse
screened porch with panoramic
view, attached garage. p8neled
rm. with bar: lifetime pier. 3
bedrm. frame home, bath. fire
place, screened porch, can be sold
separately, % acres in all.
1-Patuxent River, good harbor,
~ pier, IA aluminium boat with
motor. 7 rms. bath. furnished
home, . screened porches, lovely
secluded spot with beautiful
trees and lawn, $3.50
RLTY. AGENCY CORP.
Prince Frederick, Nd.
Phone l0S. II no answer call 1874
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-11
Since 1900
STROUT
REALTY
Worlds Largest
FREE CATALOG

Get your FALL-HOLIDAY 80 Edi-
ton nowi Choose from thousands
Of new. listinRs. Offices Coast to
Coast. Acreage, homes. farms. BUSH
nesses. waterfront. retirement or
recreation-snd much more! Ma
tons biggest selection always in
the Strout. Catalog. Mailed FREE