davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-12-05
observation-disclosures

Mr.. and Mrs. Albert @.
Hovey-King of Falls Church
announce the engagement of
their daughter Nancy Louise
to Mr.. John Morris, son Of
Mr.. and Mrs. Peter Morris of
st. Helene, Greg.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-18
A Statue
on the "Great Statue Debate"

have their attached to locations on earth. So,
too, do many of the Spanish conquistadors such
as Corses and de Soto, or the French explorers,
La Sale, Cadillac and Pere Marquette.
As to old soldiers, look at any map, and you see
that, far from fading, they have high survival
factor. From all ages, starting with Alexander
(Kansas) and Hannibal (Nfissouri), right on down
to numerous Lafayeftes, Wellinsfens, NapoSeons,
and Grants and Lees - there are places memorial.
izing the generals of more recent times.
Actually it is only thanks to the rapid growth of
great Republic that some Of the political figures
of ancient Egypt, Greece and Rome were rescued
from total oblivion. We had an abundance of sites
which could be used for glory, and we had great
deficiency of names for - eoniavsd on ssxs poss
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-18
builds this home on your
lot as YOU see il here
NO MONEY DOWN

Here's the handyman's dream home. Built
with nothing but nationally known, brand
name materials throughout No corners
have been cut it. this low price is possible
only because the profits of middle-men
have been eliminated - with the savings
passed on to you!
But the price of the she'll is only where
you start to save money on an IBC Home.
It's the inside finishing you do yourself
that will save you THOUSANDS OF
DOLLARS! Aetually IT'S just like Paying
yoarseT $3.50 per bo~r for THE work you
do in yonr spare time.
With this plan, all you need is your lot
IBC Homes takes care of the rest Even
the interior package, cabinets, plumbing,
heating and wiring materials can be in
cluded in your financing plan. And, when
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-18
Oh, my 80
:achiin,gHs
back! ~

Nowi You can get the fast relief you need
from nagging backache, headache and
muscular aches and pains that often cause
restless nights and miserable tired-out
feelings When these diseomforts come on
with over-exertion or stress and strain
you want relief-want it fast! Another
disturbance may be mild bladder irritation
following wrong food and drink-often set
ting up q restless uncomfortable feeling.
Doan's Pills work fast in separate
ways: /. by speedy in-relieving action to
ease torment of nagging backache. head
aches. muscular aches and pains. 2. by
soothing effect on bladder irritation. 8. by
mild diuretic action tending to increase
output of the Is miles of kidney tubes.
Enjoy a good nights sleep and the
same happy relief millions have for over
so years. Be sure to get the large, econ
omy size Doan's Pills and save money.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-16

You'll find your Giont's Seofood Depart.
ment trimming 10 capacity with the finest
seofood y. the choicest Of the coteh,
rushed TO you under eonstont refrigeration.
So if you're fishing for compliments, try
Turing your fomily TO meoItime enjoyment
with seofood from your Ciont.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21

plant, it is time-stamped and
carried on a short belt con-
veyor to a ticker operator
always a woman who is
seated at a ticker machine that
looks like a typewriter. She
records the sale on the key
board - zYX 55hs - thereby
perforating a six-channel
punch tape.
Under normal circumstances,
in a couple of minutes or so,
that transaction -ZYX 55s -
appears on the $500 familiar
ticker tapes in CTS cities in
the United States and Canada
and this is how anyone inter-
ested in ZYX Tor other listed
stocks) knows what is going
on. Jones and Smith, of course,
find out individually what has
occurred and the two little
pieces of paper confirming the
verbal agreement between the
two brokers become part of the
records of the firms involved.
Sunday: The floor - an an
tiquated, automated paradox.
distributed 1862,
by The Hall Syndicate, Inc.
All Rights Reserved)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Allegheny AirIines
Reports Gains

Allegheny Airlines reported
increases from IA to 80 per cent
In passengers and cargo carried
during May and the first five
months of this year, including
the setting of a new cargo
carrying record last month.
The airline flew 83,443 pas
sengers last month, an increase
OF IA per cent compared to May
of last year.
For five months ending Nav
81. Allegheny carried 372, 9O8
passengers, an increase of %
per cent over the like period a
year ago.
Allegheny set a new record
in May when it hauled 2,099, 1877
pounds of cargo, an increase of
3S per cent over May of last
year. For five months the cargo
was up 80 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21

a resolution adopted by the
board saluting Mr.. Phillips
leadership and achievements
for the company.
Mrs. Dorothy Winchcole, also
a board member, and a daugh-
ter of Allen c. Clark, founder
of the company spoke on the
personal side of her family's
long association with Mr..
Phillips.
Serving as POSTMASTER, Gill
bert c. Clark, executive vice
president and secretary, pre-
sented a set of golf clubs and
accessories to Mr.. Phillips.
Before the dinner, Mr.. Phil
lips was honored at a cake
cutting ceremony at the COM
pany's home office, 5000 Wis
conSin avenue NV. and re-
ceived congratulations of the
home office staff.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Earnings

AVCO Corp. in months
ended May 81 earned S8,373,-
125 or II cents a share VS..
S6,201,187 or go cents a share
in 1861 period.
Air Control Products in 9
months ended April 80 earned
100000 or s1.05 a share VS..
SAC, $50 or "a cents in 1861
period.
Consumers Power Co. in II
months ended May 81 earned
$44,3l7,074 or $2.10 a share VS..
S36,233,220 or Sill in 1861
period.
Dobbs Houses, Inc, in 9
months ended May 81 earned
$2,339,032 or rs cents a share
VS.. $1,912,07S or So cents in
1861 period.
Glidden Co. in 9 months
ended May 81 earned $4,164, 0S7
or $1.68 a share VS.. $3,386,279
or $l.47 in 1861 period.
Andrew Jergens Co. in 6
months ended May 81 earned
$878,3l2 or So cents a share
VS.. $729,5l8 or 48 cents in 1861
period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Center Is Started
At fredericksburg

Ground was broken yester-
day for the construction Of the
Fredericksburg Park and Shop,
a 125, 000-sq. 1T. modern shop
ping center, by the Glassman
Construction Co. of Washing
ton. Architects are Anthony F.
Musolino and John c. Cahill,
Ala.
This SIS million facility is
located on the Fredericksburg
bypass. making it accessible not
only to Fredericksburg but to
all surrounding townships.
Completion Of the project,
with parking area for 1000
cars, is expected by February,
1868. and will contain a Super
Giant and Giant Self-Service
Dry Cleaners and Laundry
Peoples Drug Store, S. s
Kresge Merchandising Mart,
Beta Shoes, Market Tire Co.,
Phillips "66" Service Station,
Jules Hair Stylists, gift shop,
bank, children'S wear, mems
wear and women's wear shops,
barber shop and several other
stores.
Developing and leasing is by
Rosenfeld Realty Co. Of Wash
ingtOn.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Appalachian Power
Plans Two Dams

Appalachian Power Co. yes
terday filed with the Federal
Power Commission an applica-
ton for a preliminary permit
in connection with the pro-
posed construction of a two
dam hydroelectric project on
the New River in Grayson
County in Southwestern Vir-
ginia.
r. E. Hodges, vice president
and general manager Of Appa-
lachian, said that the granting
of a preliminary permit by the
FPC would give the company
priority for a license under the
Federal Power Act while 1t
carries out studies necessary to
determine the projects eco
nomic and engineering capa-
bilities and the steps necessary
to apply for such a license.
He emphasized that Appa-
lachian's ability to acquire the
land and rights for the dam
sites and reservoirs at a rea-
sonable price would be a factor
in any determination of the
projects feasibility.
Appalachian disclosed that
the upper and larger of the
proposed two dams would be
located approximately 5 miles
upstream from the mouth Of
Elk Creek, while the lower dam
would be situated approx
mately IL miles below the upper
dam. Six alternate sites, three
for each dam. are under con-
Sideration
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Trade Balance
Deficit Rises
InCanada

OTTAWA, June 81 (AP). =
Canada had a balance of pay.
ments deficit of 1858 million
in the first quarter of 1862
SIS million greater than in the
same period last yeaI.
1t included a $14 million
merchandise trade deficit. But
by far the biggest part of the
international imbalance was
again the non-merchandise de-
ficit. which rose by SIS million
to $349 million.
Among the So-called "invisi-
bles" included in the latter
figure was a STAT million net
outflow in the form of interest
and dividends, a 500 million
drain in travel expenditures,
and a $104 million net pay
ment in miscellaneous current
transactions abroad.
The figures were released
yesterday by the Dominion
Bureau of Statistics, which
said that allowing for seasonal
factors the deficit on all non
merchandise transactions ran
during the first quarter at an
annual rate of about SIPS bill
lion.
Last year Canada had a total
balance Of payments deficit of
1882 million. 1t was $1,24 bill
lion in 1860 and SIS billion
in 1859. Since 1949 there
has been only one surpluS-in
1852.
The country's capital &C
count in the January-March
period showed a 1854 million
inflow resulting from the gov
ernment's reduction in its Of
fetal holdings of gold and
foreign exchange.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
DynoIectron Elects
New Vice President

Directors Of Dynalectron
Corp. have elected John P.
Schelling vice president.
Mr.. Schelling has been serv-
ing as corporate secretary and
head of Dynalectron's legal
and industrial relations depart
ment. AS vice president, he will
continue in these duties at the
firms Washington headquar-
tiers.
Elected secretary of Dyna-
lectron in 1860, Mr.. Schelling
was previously secretary OF
Dynalectron's largest subsi-
diary, Landau. Inc, with
headquarters in Chicago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Equitable Life Honors
Phillips 40 Years

Charles E. Phillips, president
of Equitable Life Insurance Co.,
was honored by trustees, fellow
officers and veteran employees
Of the company on his 40th
anniversary with the company
last night.
At a Congressional Country
Club dinner, Clyde D. Garrett,
vice president and counsel, paid
tribute to Mr.. Phillips contri-
buttons to the company's
success in IA years of his
presidency.
In that period, company
assets have grown to $3.50 mil
lion from $38 million and
insurance in force has scared to
more than 1881 million from
s248 million, Mr.. Garrett
pointed out.
Mr.. Phillips many civic and
business activities also were
praised by Mr.. Garrett. He is a
director and member of the
executive committee of the
Federal City Council, director
of the Bank Of Commerce and
American Savings and Loan
Association, past president and
past general chairman of the
United Givers Fund.
Heads Board of Trade
Also he is president-elect of
the Metropolitan Washington
Board of Trade, president of the
Kiwanis Club, trustee of George
Washington University, past
president and member of the
executive committee of the Life
Insurers Conference and re-
gional vice president of the
American Life Convention.
Mr.. Garrett gave the COM
pany's 40-year diamond service
to Mrs. Phillips for
to her husband.
Agency Vice President Lloyd
A. Brewer, jr.. spoke for the
company's field force and noti-
fled Mr.. Phillips that in a
special Dozen Days of selling
honoring his anniversary, a
record 81 million of new life
insurance was written. Mr..
Brewer presented an 18-foot
scroll signed by every member
Of the field force and listing
total production of each district.
Resolution Presented
Leon Chatelain, jr., member
Of the board Of trustees, read
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Wage Leaves FDIC

Don L. Wage, assistant to
the board, Federal Deposit In
surance Corp. has resigned to
join the public relations staff
Of Investors Diversified Serv-
ices, Minneapolis. Mr.. Wage,
81, Joined the FDIC two years
ago after service with the
United States Chamber of
Commerce and the Minnesota
Bankers Association.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21

Since the stock crash on
May %. many pictures of the
floor of the New York Stock
Exchange have appeared.
On this floor two-thirds the
size of a football field in a hall
five stories high more than
"a million shares Of stock
changed hands on May % and
20. On this floor, the buy and
sell orders of millions of Amer
leans are executed daily. Re-
Gently I accompanied Keith
Funston, president of the ex-
change, to see how an order
to buy or sell stock through a
member firm is executed.
Let's say you, Mr.. Jones,
want to buy 100 shares of ZYX
stock today and you, Mr.,
Smith, want to sell the 100
shares of ZYX you own. For
every buyer, there is a seller
in this open auction market
place and vice versa. Now here
goes.
You, Jones, have phoned
your broker, told him to buy
zYX and you, Smith. have
phoned your broker telling him
to sell. Both of you want your
transaction done "at the mar
ket", which is the way most
orders are handled and which
means you're trading at the
best price you can get today.
Orders Transmitted
Upon hearing from you, each
of your brokers Immediately
transmits your orders to your
firms order room. From there
the message is flashed to your
firms telephone clerk station
ed on the floor. The telephone
clerks then send signals via
two huge annunciator boards
on the walls of the exchange
hall to the members represent.
ing your firms on the floor
that there are messages fol
them. Each member goes to
his clerk, one gets Jones' order
to buy ZYX, the other gets
Smiths order to sell.
Jones broker hurries tt
the wooden, U-shaped post al
which ZYX is traded anc
Smiths broker does the same
Around ZYX'S trading post anc
II others are clustered mos
of the 1900 men on the floor
Of the NYSE on a typical day
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21

too far off target. For example,
area retail sales had been placed
at 2.555. 098, 900 for 1858 by the
magazine. Nearly a year later,
the Census Bureau gave a 1858
figure of $2,501 1884, 900 for the
area.
According to Sales Manage
ment's figures, the District
accounted for 81 .459 .599, 900 of
the areas aggregate retail sales
in 1861. This was Al per cent
of the total, compared with 48.7
per cent in 1860, 49.9 per cent
in 1859, and sos per cent in
1854
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Area Sales Reported
At Peak Last Year

Retail sales in the Washing
ton Metropolitan Area reached
an all-time record of $3,104,-
$4,000 in 1861, according to
an unofficial estimate in the
magazine Sales Management.
Area sales averaged S5,027
per household against $4,026
for the Nation, the magazine
reported.
The estimates for the Wash
ington area are considered
moderately excessive, but not
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
.NBW Directors Vote
Quarterly Dividend

Directors of the National
Bank of Washington have de-
clared the usual quarterly divi-
dend of STA cents a share.
The payment will be made
July 2 to stockholders of rec
ord at the close on June 81.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
YOUR MONEYS WORTH
Stock Exchange
FIoor--II
. BY SYLVIA PORTER

"How's zYX?" asks Jones
broker.
"55 to ", says the special
list who handles zYX stock and
is responsible for keeping an
orderly market in ZYx. That
ancient idiom of the auction
market means $55 is the high
est price at which anyone is
willing to buy zYX and $55.25
is the lowest price at which
anyone is willing to sell the
stock.
I'll give an eighth for 1907,
says Jones broker, meaning
he is willing to pay up to 55b
for 100 shares.
Sold. says Smiths broker,
meaning he's willing to take
one-eighth less because it's the
best deal he can make.
1t is done. Each member
then jots on a little piece of
paper the badge number of the
man with whom he has just
traded zYX, the name Of the
others firm, the total of stock
traded, the price.
Each member then reports
back to his telephone clerk
what has occurred, the tele-
phone clerk relays the message
to your brokers' order room,
the message goes to the broker
with whom you originally
talked, then you are informed
about the transaction on a
confirmation slip sent by mail
and in between you may get
a phone call.
Trade Is Recorded
Meanwhile, an employe OF
NYSE called a reporter" and
stationed at ZYX's trading
post. also has jotted down on
a third piece OF paper the
ticker symbol of ZYX, the vol
ume traded Goo shares, the
price at which the deal was
made $3.50.
This third piece of paper is
sent by pneumatic tube to a
ticker operator five stories
above the floor. When the slip
on zYX arrives at this ticker
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Gas Consumption
Behind 1861 in May

Sales of Washington Gas
Light Co. in May totaled 3d.
955,634 therms, a decrease of
as per cent from 32,413,836
therms in May last year, the
company reported today.
However. sales in five months
ended May 81 aggregated $780,
1891 thermS, an increase of
81 per cent from 322,858, 765
therms a year earlier.
The company had 414,916
gas meters in service on May
81. compared with 403,814 on
the corresponding 1861 date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21

~ per cent.
Outstanding auto policies
numbered 1854 on May 81,
compared with 9S2 on the cor
responding 1861 date. an in
crease of nearly 100 per cent.
Admitted assets of the COM
pany reached a new high of
S1,595,775 last December 81,
a gain of 26.7 per cent from
S1,259.818 at the end of 1860.
Policyholder's surplus rose 1856
per cent.
President A. Wallace Moore,
jr., told stockholders that con-
struction of the company's new
headquarters at 4801 Wiscon-
sin avenue NV. will be started
in July, 1868, upon expiration
of present leases on the prop
erty. The three-Story building
will have about $4,000 square
feet Of space.
Formerly the American In
surance Co. of the District Of
Columbia, the company was
founded in 1873. 1t was &C.
quired by the present control
ling group in 1856. Its name
was changed and the new di-
rect-writing program without
agents was instituted in No
vember, 1859.
The company sold $4,000
shares of it's 81 par value COM
mon stock publicly in Septem-
Der, 1860.
Reelected directors we're:
President Moore, Board Chair
man Harry Martens, jr., L. p.
Steuart and c. Bayne Marbury.
All officers were reelected.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
METALS

NEW YORK. June 81 (AP).-spot
nonferrous metal prices today: Copper
ley. Lead pa cents a pound. New
York. Zinc lIia cents a pound. East
st. Louis. Tin 1.12h pound. New
York Foreign silver 1.01 "a per troy
ounce, New York. Pittsburgh scrap
steel No. / heavy was quoted today
by Iron Age at 25.OO-26.OO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
BUSINESS
BRIEFS

Gross Crude Oil and lease
condensate production in
creased 70,700 barrels on a daily
average in the week ended Fri
day, totaling 1857 $50 barrels
compared with 7,105, 260 barrels
a year ago.-American Petro-
leum Institute.
Fire Losses in the United
States last month totaled an
estimated $114,528,000, or %
per cent more than the $685.
100000 losses for May, 1861.
National Bureau of Fire IN
derwriters.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Northeast Line
Ads Stepped Up

NEW YORK, June 81 CAP)
Hughes Tool Co. has announced
a vigorous advertising and sales
promotion drive aimed at
drumming up new business for
Northeast Airlines.
The campaign represented a
first major step by Hughes Tool
to bolster the debt-ridden air
carrier after award of North
east control to Toolco by the
Civil Aeronautics Board Tues
day.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
Sharp Gains Reported
By American Home
Owners Insurance
By DONALD B. HADLEY
Star Financial Editor

The American Home Owners Insurance Co., one Of Wash
ngton Oldest companies reaping impressive
of drectwrng automobile insurance
1t reported at the annual stockholders today
Net premiums in the first five of this year expanded
Sl0970O. compared with a. year earlier Jump of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
OVER COUNTER

Following prices furnished nv the NJ
tional Association Of Securities DeaIsrs
IN washington represent the range within
wnlch locally active Securities could
nave been bought or sold al nm.
thursday, June a., 1862;
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
FOREIGN
EXCHANGE

NEW YORK. June ~ (AP).-Foreign
excnange rates CGreat Britain and
Australia in dollars. others in cents
and decimals Of cent?:
To-day prev IA
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21
0T4-6377

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Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-21

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Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-26
Roll Stution Panic
Kills II Africans

JOHANNESBURG. Sout h
Africa, Aug. rs (AP).-Eleven
Africans were trampled to death
in a panic at a johannesburg
suburban railway station TO-
night. A huge crowd of African
football fans stampeded trying
to find a place on crowded
trains.
Police estimated there were
about $4,000 Of them trying to
lam into the station to catch
homeward-bound trains after a
game.
AS the Africans streamed into
the station they bee q m {
TANNED in seven-feet-wide cor.
ridors and stairs leading to tht
platforms. Pressure began Il
build up behind them and panic
swept the crowd.
Police said some Of the vic
tins apparently died Of suffo'
cation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-26
u Thunt Arrives
In Moscow for
Soviet PurIey

MOSCOW. Aug. IS CAP).-
u Thant, acting Secretary
General of the United Nations,
arrived by air from New York
tonight Tor talks with Premier
Khrushchev and other Soviet
leaders.
He said he was pleased to
have the opportunity and
added:
81 am confident that my dis
cussions with the Soviet leaders
will be fruitful and contribute
to my understanding of Soviet
views on these problems"
1t seems likely Mr.. Thant will
discuss the Berlin crisis and
the Congo, among other things
while here. He also may learn
whether Mr.. Khrushchev in
tends to attend the assembly
session in New York next
month and whether he will get
Soviet backing for a full five
year term as Secretary-Gen-
eral. The Soviet Union backed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-26
Bogus Postmen
Rob Main Office

LONDON, Aug. IS AP).-
Four bogus poStmen in brown
uniforms walked into London's
main post office today and
strolled out later with a haul
expected to run into thousands.
Police said the men walked
in with the early stream of
postmen going on duty, opened
a strong room and looted regis
tered mail and parcels.
A post office spokesman said
it would take time to assess the
full value of the stolen prop
erty, but that it is likely to be
heavy.
The raid was discovered when
a postman reported seeing the
men drive off from Mount
Pleasant sorting office in a car
containing mailbags. Detec-
tives said the raiders clearly
had expert inside knowledge.