davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15

Act, or securitles assumeu Dy suCn Cuul
Win bankruptcy or receivership ~
being reorganized under the Bankruptcy
panies. xi = ex-interest. Ct Certificates
81 Stamped. e. Dealt in nat K Maturec
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15
Stocks Show
Firmer Tone;
Trading Quiet

NEW YORK. Oct. Is (AP).
The stock market showed a
somewhat firmer tone early
this afternoon in quiet trading
Gains of key stocks out
numbered losers. Most move
ments either way were small.
A few of the higher-priced or
more volatile stocks produced
advances of l or more points.
The slight improvement in
prices was ascribed to technical
factors rather than the news,
which remained drab.
Chemicals, farm implements,
and electrical equipments were
generally higher. Most other
major groups were mixed.
On news that Howe sound
directors had recommended
that shareholders accept an
offer of a French company,
Pechiney Enterprises, Inc. to
purchase Howe Sound common
at SIS a share, stock of Howe
Sound jumped 33s to 143s in a
delayed opening block of 1000
shares. The gain was trimmed
fractionally in later dealings.
Shell Oil, picked as stock of
the month" by an advisory
service gained a fraction.
Steels were narrowly mixed.
Reports were that steel opera
tons appear to be losing their
upward momentum. Motor
stocks also were irregular.
Prices were mixed in quiet
trading on the American Stock
Exchange.
Corporate bonds were mixed
with utilities showing a slight
upside edge. Government bonds
were unchanged to a bit higher.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15
$24.4 Million Contract

NEW YORK, Oct. Is (AP).-
The Burroughs Corp. an
nounced the sale of II newly
developed data processing sys-
TENS to the Air Force under a
contract valued at $24. 450 900.
The systems were developed at
the Burroughs Laboratories in
Paoli, Pa, and will be produced
at Detroit.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15
COTTON
NEW YORK. Oct. Is APP

NEW YORK, Oct. Is (AP).-Cotton
futures continued higher during the
forenoon. but the trading pace was
nominal.
A private crop survey indicated
rains slowed the cotton harvest in the
western belt last week. Favorable
weather stimulated active ginning of
cotton in the Central and Eastern
belts and crop harvesting made good
progress in the Far West, according
to the survey.
Noon prices were 40 cents to S1,100
a bale higher than thee previous close,
October 80 20, December 33.40 bid
and March 1892 asked.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15
Study Regulations

IL. Ask your postmaster for
a copy of regulations govern
ing educational materials and
make sure you are taking ad-
vantage Of this low rate when
ever possible. aFa,
10. Re examine your entire
mailing operation. Dropping one
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15
ODD-LOT TRADING

NEW YORK, Oct. Is (AP).-Ihe
New York Stock Exchange reported
oday these odd lot transactions by
principal dealers for october II: Pur-
chases Of I67 .525 shares; sales OF
is0.570 shares including S,lS5 shares
sold short
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15
DIVIDENDS
METALS

NEW YORK, Oct is (APl.-spot
lionferrous metal prices today: Cop:
Valley. Lead 9h cents a pound, New
York. Zinc 11M cents q pound, East
st. Louis Tin | .0734 q pound, New
York. Foreign silver 1.21h per TROY
ounce. New York. Pittsburgh scrap
Age at 24.00-26.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15
D. c. SECURITIES

Bid and asked prices on stocks listed
on the Philadelphia altimore- WASH
inpfnn Qtnck EAxchn n - 49,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15

Sales figures are unofficial.
Rates Of dividends in the foregoing
table are annual disbursements based on
the last quarterly or semi-annual declara'
ton. Unless otherwise noted. special or
extra dividends are not included,
a. Also extra or extras, b Annual rate
plus stock dividend. d Declared or paid
In 1851 plus stock dividend. Declared
or paid so far this year. f. Payable in
stock during 1861, estimated cash value
on ex dividend or redistribution date:
g Paid last year. h Declared or paid
after stock dividend or split up X De-
clared or paid this year. an accumulatiye
issue with dividends In arrears. p Paid
this year, dividend omitted, deferred or
no. action taken at last dividend meeting.
r Declared or paid 10 1862 plus stock
dividend. t. Payable in stock during 1862,
estimated cash value on ex-dividend or
ex distribution date. -Liquidating divi.
dend.
z-SaIes in full.
cid Called. KID Elk dividend. KIDS Elk
distribution. XII Elk rights. XIV Without
warrants. WV With warrants. wd : When
distributed. wi When issued. nd Next
day delivery. VT Warrants. ur- under
rule.
vi In bankruptcy or receivership or
being reorganized under the Bankruptcy
Act, or securities assumed by such COM
panies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-15
NEW YORK
BONDS
Sales High Low 900 Chg.
cnpnnp aTInN RnNns

Furnished By the Associated Press
List Includes Most Active Issues
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05
50 Years Ago

An incredible number Of
suicides were being COM
mitted in Russia so years
ago, and The Star of Au-
uSt II, 1912, said much of
the blame was attributed to
the Russian novelist, Artzy-
bascheff, founder and presi-
dent of a suicide club which
has reduced self-destruction
to an art. The novelist has
written many books which
condemn life as something
like a sin and extol self-de-
Struction as a heroic action"
st. Petersburg and Moscow
were averaging Is suicides a
week. These suicides are far
removed from the ordinary
affairs that result from hun
ger, unrequited love, jealousy,
poverty or despair. The
mysterious club meets once
a week and the members
draw lots to see who shall
end his life. The method
must be unusual. poison and
shooting being tabooed. In
the case of a young baron
ess, a lavish supper was held.
At the end a huge tub was
filled with champagne and
the lady drowned herself in
1t after all present had drunk
their fill. :"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05
Who Needs Sleep?

This will come as surprise to some,
but the truth is (if we are to believe one
authority that there is nothing more
stimulating than a bad, sleepless night.
Our authority is DR.. Donald Broadbent,
reporting on experiments by Britain's
Medical Research Council.
Using young naval volunteers as
guinea pigs Cor OWLS, the council kept
them awake for one or two nights at
time. Our source did not disclose the
methods used, but young naval volun-
teers" suggests rather active schedules.
At any rate, these sleepy-eyed young
men went to duty as usual the following
day and baffled their commanding
officers by performing with unaccus-
toned efficiency. The more exacting
their jobs, the sharper their reflexes.
For those of us who twist, turn and
toss all through the endless night, there
has to be moral here. It probably
is simply this: Relax, if you can't enjoy
it; for tomorrow you will be as sharp
as tack and make high marks with
the boss while that well-reSted fellow
at the next desk gets nasty look or
two.
Shakespeare must have goofed when
he opined it is "sleep that knits up the
ravell'd sleave of care" Benjamin
Franklin was closer to the mark for the
insomniacs when he said, Pillow deep
while sluggards Sleep"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05
FROM THE STAR FILES.

disparage the Secretary Of
War insist that Gen. Nc
Clellan has had a very small
number. The basis for this
is there is always a very wide
difference of opinion, and on
this occasion perhaps a wider
one. between the grand total
on McClellan's rolls and the
men actually fit for duty ).
Gen. Mcclellan has some
times asked for things that
the Secretary Of War did not
give him. Mcclellan is not
to be blamed for asking what
he wanted and needed, and
the Secretary of War is not
to be blamed for not giving
what he had not to give. So
far as I know the Secretary
of War has withheld MOTH
ing from Mcclellan without
my appreciation and I have
withheld no one thing at any
time in my power to give him.
I have no accusation against
him. I believe he is a brave
and able man. I have
talked longer than I expect
ed. I avail myself of the priv
ilege of saying no more"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05
Malaysia and Freedom

The agreement just signed by Brit
iSh Prime Minister Macmillan and
Tunku Abdul Rahman, Malaya'S Prime
Minister, paves the way for the creation
of what may well prove to be highly
important new nation in Southwest Asia
Assuming that everything goes as
expected, this nation will come formally
into being at the end of next August.
To be known as the Federation of Ma
laySia, it will be made up of Malaga (the
biggest single member), Singapore, Sa-
rawak, Brunei and North Borneo. 1t
will stretch through the South China
Sea in 1,6O0-mile arc sweeping around
from Thailand to the Philippines.
The federation will have multi
racial population of around 10 million,
with the MalayanS and Chinese pre-
dominant. Apart from large numbers of
Indians, most of the country'S other cit
liens will be rather primitive minoritieS,
and special steps are to be taken be-
tween now and next August to work out
safeguards designed to promote the ed
ucation and protect the interests of
these backward indigenous races"
In effect, in signing the agreement
with the Prime Minister of Malaga, Mr..
Macmillan has formalized the fact that
the BritiSh-thOugh still holding fast to
Hong Kong-are giving up the last rem
nantS Of their once-vaSt Asian empire.
But this they are doing in thoroughly
realistic manner - in keeping with
winds of change" that cannot be re-
verSed, and in manner that still leaves
them with significant role to play in
that part of the world. Thus, by way of
example, they will continue to maintain
their military forces in Singapore-at
the invitation and with the full consent
of Malaysia-to serve the security and
stability of the area.
1t is worth noting, in this connec-
ton, that the Prime Minister of Malaga
"a land that has been an independent
member of the British Commonwealth
since 1857 and whose government and
people have waged hard and success
full struggle against murderous Red
guerrillaS has emphasized that the
prospective MalaySian Federation can
be counted upon to stand firm with the
West. AS he has put it, 1--WE are not
going to be one of the countries that call
themselves neutral if that means max
ing friends and allies of the Communist
countries. :. We are Communist
and will remain So"
These are good, strong words, and
Malaya's record over the years leaves
no room for doubt that they mean what
they say. That is why there is every
reason to hail the formation of Malaysia
which may in time be linked with the
Philippines - as a development that
promises to promote prosperity and
bolster freedom in Asia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05
Green Liqht

After months Of vacillation, the Dis
trict Zoning Commission has reached a
happy conclusion on the Watergate
Towne development in Foggy Bottom.
The point which has been missed by
those who have spoken against this prof.
ect is that the controversy over building
heights and architectural design has
never involved more intensive use Of
the Potomac waterfront land than would
have been possible under its previous
coming. On the contrary, the controversy
arose from deliberate effort to deviate
from the standard and often dull archi-
lecture Of Washington, to create prof.
ect eSthetically pleasing as we'll as eco
nomically rewarding. The land in ques-
ton is owned by the present developers,
and most certainly would have been
used in any event for the commercial
purposes permitted there. The danger
was that an adverse coming decision
might have resulted in series of quite
ordinary structures which surely would
have added little to their surroundings.
Now that favorable decision has
been made, the developers of course have
an obligation to see that the apartment,
office and hotel facilities live up to the
high standards which they have de-
Scribed. Fortunately, the Fine Arts Com
mission will have a voice in the design.
The sponsors would be wise to ascertain
the views Of the commission members
in advance, and to work closely with
them at each stage of the development.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05

I gather from his letters,
that Sidney Koretz must be
a financial expert. He seems
to be possessed with that
modern philosophy as we'll as
the capability to simplify
problems to the point where
the problem no longer exists.
His latest on ~. S. Fiscal
Policy" has timely advice for
Constantine Brown, The Star
and the New York Herald
Tribune. He derides "phony
comparisons between Ameri-
can and European budgets"
while at the same time he
alleges, correct comparisons
show the U. S. government
budget policy has been at
least as conservative as that
of Europe"
Yes, the problem is really
simplified when you "set sail"
into generalit:eS, but rather
could I suggest we anchor"
to facts?
For example, Fact /: In the
week ending July IL, two
countries, France and Swift
zerland presented the United
States with $431 million of
claims on gold, taking $138
million in gold and using the
remaining 1898 million to
repay loans running as far
as 1887.
Fact 2: The gold outflow
so far this year is $682 mil
lion compared to gold losses
Of $240 million for a like 1861
period.
Fact 3: The Federal Gov
eminent taxes and spends
over $50 billion a year. This
is 81 out Of every Sc in goods
and services produced in the
United States.
Fact 4: The Federal Gov
evrnment owns 767,766,435
acres of land. This is ap-
proximately l out of every 3
acres in the country.
Fact 5: Living costs in
creased in June and consum-
er prices rose to a record
1853 per cent of the 1888
average from 1852 per cent
the preceding month. This
is the seventh increase in the
past IL months.
I just wish I could see the
pot of gold at the end of this
rainbow.
Gilbert v. Tribbett.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05
Welfare Showdown

Senator Robert C. Byrd has made it
quite clear that, as far as he is con-
cerned, the day of freeloading on Dis
trict relief rolls is over. That was the
clear purport of his sharp order for the
Welfare Department to clean up the
shocking mess" his special inveStiga-
tionS have uncovered.
That it is big order, none knows
better than Senator Byrd, who has dug
deeply into the evils inherent in any
welfare program. But he has pulled no
punches in allowing Welfare Director
Shea two weeks to put his house in
order with brand-new program. Sen
ator Byrd'S implication could not be
plainer-in repudiating the present set
up, he is welding the persuasive club Of
appropriations overseer.
The blow-up during the Appropria-
tons subcommittee budget hearings
had been a long time a-building. Part
of the eruption Stemmed from a shock
ing report on wholesale chiSeling part
of it from the Welfare Departments
inability to interpret some of its own
budget requests.
There was no plausible explanation,
for instance, for this incredible StatiS-
tic: OF 81 General Public Assistance
cases reviewed in a spot check, only
one was actually eligible for relief.
Some known alcoholics and criminals,
in and out Of jail, still were receiving
relief checks. In another area, that of
Aid to Dependent Children, Senator
Byrd was concerned because, in his
opinion, the department has not moved
fast enough toward developing new
rules. An earlier survey of 236 ADO
cases revealed that 81 per cent were
Ineligible.
Among other items, the Subcom-
mittee also was justly critical of pro-
posed job training program for unem-
ployed persons not on relief rolls. While
only about $4,000 was earmarked for
this venture, Senator Byrd had no luck
at all in learning how the Welfare De-
partment had arrived at the figure.
1t was this kind Of sloppy procedure
that led Senator Byrd to conclude that
this department of the District Gov
eminent is in trouble" Giving Mr. Shea
credit for being conscientious" he
said the director should have an OPP
portunity to clean up the mess.
No legislator in recent memory has
pushed so hard for reform in the always
troublesome field of welfare, and Sem
ator Byrd has explained his intense
interest as arising from his own humble
beginning and genuine desire to re-
habilitate the unfortunate. We think
he is entirely sincere, and, from the
evidence so far adduced, there can be
no doubt something is very wrong in the
welfare program. Senator Byrd is try
ing to identify this something" and
compel its correction. We wish him
every success.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05
Democratic Dilemma

Ordinarily, New York State Demo-
Gratis do not need, much less ask, SYM
pathy from outsiders. They have done
we'll politically and no doubt will do so
again.
Currently, however, they do have
a practical problem that affects not only
their fortunes statewide but which has
more far reaching implications. The
problem, in short, is how to go about
opposing Governor Nelson Rockefeller,
Republican, in his bid for reelection
this year and, hopefully, eliminating him
as prime possibility for the G. o. P.
presidential nomination in 1864. AL
though New York Democrats are bound
to say otherwise, Mr.. Rockefeller looks
like very good bet for next November
and from then on he might cut quite
political figure nationally.
AS Of now, the Empire State Demo-
Gratis have not found anybody willing
or able, on the form sheet, to take on
the Governor this fall. In effect, those
who seem willing do not appear able,
and those who might be able do not
appear willing. AS part of this dilemma,
the Republican-controlled legislature
has set September 6 for the statewide
(both parties) primary date-at which
time delegates would be named for
party conventions later in the month.
BY the time all this could be accomp-
liShed, Scant six weeks would be left
for inter-party campaigning by the
official nominees. Mr.. Rockefeller, who
needs no introduction in his own State
at least, could just keep on running. The
Democratic nominee, by contrast, would
be starting late-and with little time.
At the moment, the Democrats are
studying "a special committee has been
asked to report by August 81 the novel
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05

less holy than was that Of
the Revolutionary Fathers.
The President has a
firm hold upon the affections
Of the people. "a voice: He
is a brick.) Let us tell our
children of him as the honest
President. "a voice: He is
that The man who shall
stand second in the history
of this country only to
George Washington him
self. :" There were calls
for the President, and Mr..
Lincoln stepped forwards:
Fellow citizens: I am
very little inclined on any
occasion to say anything I'M
less I hope to produce some
good by it. >. There has been
a very widespread attempt to
have a quarrel between Gen.
Mcclellan and the Secretary
of War. Now I occupy a po-
sition that enables me to be-
lieve, at least, these two
gentlemen are not near so
deep in the quarrel as some
presuming to be their friends.
Gen. MeClellan's attitude is
such that, in the very self
iShness of his nature, he can
not but wish to be successful,
and I hope he will. And the
Secretary of War is precisely
in the same situation. If the
military commander in the
field cannot be successful,
not only the Secretary of
War, but myself - for the
time being master of them
both-cannot but be failures.
Laughter and applause0 I
know Gen. Mcclellan wishes
to be successful and I know
he does not wish it any more
than the Secretary of War
for him, and both of them
no more than wish it. Some
times we hear a dispute about
how many men Gen. McClel-
Ian has had, and those who
would disparage him say he
has had a very large num-
Der, and those who would
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05
Stdte-Church

The Supreme Court has
ruled that the action of New
York public officials in COM
posing a prayer and imposing
it upon public school stu
dents is unconstitutional I'M
der the First Amendment
which forbidS any act re-
Specting an establishment Of
religion. All believers will re-
Joice in this decision.
We have witnessed in the
last generation the steady
encroachment of Government
upon the individual and his
freedom. One area after an
other, additionally left to in
dividual initiative and re-
Sponsibility, has been pre-
empted and regimented by
official agencies. One of the
few matters remaining in the
realm of individual con-
science is religion. Now an
incursion by Government
into this last realm of indi-
vidual judgment has been
halted, at least for the mo-
ment, by the United States
Supreme Court. 1t is to be
hoped that official agencies
will take the hint, that they
will get out of this area and
stay out. It is to be hoped
that all believers will
promptly oppose the consti-
tional amendment being
sought by certain members
of Congress who are deter
mined to invade the realm
of religion even if they have
to have an amendment to do
it. The cause of religion is
certain to fare better with
out the clumsy efforts of Of
ficial bodies to promote it.
1t is to be hoped, again,
that Government attempts to
gain control of religious bod
les and programs by forcing
its financial aid upon them
will be abated. Justice Doug
las in his concurring opin-
ion implies that he and the
majority were wrong in 1947
when they declared in the
Everson case that the use of
public funds for transporta-
ton to church schools did
not violate the First Amend
ment. Now he apparently
thinks that such a use of
public funds should have
been held in violation. Sim
liar reasoning can be detected
in Justice Blacks majority
opinion. The tradition which
has denied tax support to re-
ligion is one that may well
be respected and perpetual
ed by both Government and
the churches.
C. Stanley Lowell.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-05
u. S. Spending Binge

Constantine Browns re-
ports from Europe should be
required reading by every
body, especially by all our
art Congressman and
Senators. Mr.. Brown says
"he did not expect to see our
prestige and influence take
such a dip as they have re-
Gently"
He further states: I'VE
have received friendly warn
ings that no nation through
out history. including the
farflung Roman Empire, has
had ineXhaustible resources,
and that unless we trim our
sails in domestic and for
ign expenditures we will be
on the way to becoming a
land of limited possibilities.
Our economics and military
commitments have become
too great a burden" The
Europeans asked him also:
DO you really believe that
you can spend money like a
drunken sailor without seri-
Gus consequences to both
yourselves and ourselves"
Very good, Mr.. Brown, I have
said the same thing for
many years.
Since 1916 we have been
on a drunken spree until we
now spend $48 billion for So
called defense, $4.5 billion
for foreign aid and 81 billion
for our overabundant agri-
culture, much of which goes
to rich absentee landlords.
Why have we become so
conceited that we think we
should be the guardian, the
arbiter and the benefactor
of the whole world?
Such incredible nonsense
is bound to end in disaster.
No individual can year in
and year out spend more
than he has or more than
he earns, and neither can a
country. Our so-called lead
ers in government have be-
come leaders to disaster.
Wake up Uncle Sam before
it is too late!
NJ n GahraLo-