davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05
Appellate Court
UphoIds Verdict
In Du Point Case

NEW YORK, July 5 (AP),
The United States Court OF
Appeals affirmed today a Fed
eral Court decision which
cleared the way for the e. I.
du Pont de Nemours q Co.,
Inc, to begin distribution Of
% million shares Of common
stock of the General Motors
Corp.
Chase Manhattan Bank, reg
istrar for the GIN stock, was
expected to Immediately set
into motion the mail diStribu-
ton plan for the stock.
The distribution will be made
only to the common stock
holders Of Du Pont. Certifi-
Gates were to be mailed to the
West Coast today, to the Mid
west Friday, and to the East
Coast stockholders over the
week end.
The divestiture of the GIN
stock was opposed by two hold
ers Of $3.50 preferred Du Pont
shares, David and Edward
Schenker. The brother S
claimed that the planned dis
tribution "discrimina t e d"
against preferred stock holders.
Late last Tuesday, Federal
Court Judge Edmund L. Pal
mieri denied their motion for
an injunction, stating that no
loss would be incurred by any
stockholders through the dives
titure proceeding.
The Schenkers, appealed the
ruling today and, after hearing
brief argument on the appeal,
the three-judge appeals court
affirmed Judge Palmieri's &C
ton without hearing formal
argument by Du Point counsel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05

fluctuations for 10O-share lots
Others for 10-share lots. xEx dividend
fPlus extra or extras.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05

NEW YORK, July S (AP).-
Despite boasts by Premier
Khrushchev, the economy of
the Soviet Union shows signs
Of stumbling over itself in a
rush to overtake the United
States in industrial produc-
ton.
The Wall Street Journal said
today that RuSsia's rate OF
production increase has slowed
recently, from II per cent in
1859 to 90 per cent last year
and may be even lower.
The showdown. said the
journal, may discredit Mr.
Khrushchev's prediction that
Russia would surpass industrial
output of the United States
within the next 10 years.
Mr.. Khrushchev made hi
familiar prediction most re-
Gently on his tour of Romans
a couple Of weeks ago. At tn,
time he admitted there were
obstacles to the goal
1T takes brains and capita
to catch up with the United
States" he told farm workers
Later, in an address to steel
workers, the Premier said:
People ask how things are
going in Russia. The answer is
we are doing fine. But it does
not mean we have no difficult
ties"
These difficulties, the Journal
observed, include:
/. A showdown in the amount
Of money available for new
plants and equipment;
2. A showdown in worker pro-
ductivity;
8. A pile-up OF planning errors
which has left some industries
short Of materials and man
power.
1t also said chronological
conservatism and poor liaison
between industry and research
institutions has delayed devel-
opment of new production ideas.
While terming the difficulties
broad and various, the news
paper cited several instances of
bureaucratic bungling it said
has resulted in, among other
things:
l. A bathtub factory under
construction since 1858;
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05
Detroit Is Preparing
For Fall Auto Show

8, 800 seat arena which was still
in the building stage in 1860.
The arena will be used for a
stage show dedicated to the
glorieS of the automobile using
name talent from the world of
music.
President Eisenhower visited
the 1860 show and made a
major address at the traditional
black tie banquet of auto
industry brass. President Ken
nedy is expected to accept an
invitation extended to him this
year.
Network teIevision NBC)
will be back for a one hour
show Sunday, October 81.
Major Styling Changes
Lending appeal will be the
major styling changes in most
of the 1868 model cars plus the
public introduction of at least
one completely new car, the
Buick Riviera.
The Riviera. described by
some who have had an ad-
vance peek as looking like an
enlarged Karmann CHA, is
General Motors answer to
Ford's highly successful Thun-
derbird-a personal luxury car.
This also will be the first
show for the Studebaker Avanti.
another $4,000 bracket personal
car now entering production.
The ANA proudly notes An
gier Biddle Duke, chief Of pro-
tocol, recently declared Detroit
at show time one Of 10 must"
areas for foreign visitors.
The welcome to foreigners is
limited to people. however. I'M
ported cars, although still a
major factor in the American
market, are barred from the
show.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05

SaIes HKuTe8 are unUTHCI1l.
Rates OF dividends In the foregoing
table are annual disbursements based on
Inc last quarterly or semi-annual declara.
ton, Unless otherwise noted, special OF
extra dividends are not included.
a-Also extra or extras, Annual rate
plus stock dividend. d-Declared or paid
In 1851 plus stock dividend: e-Declared
q Ra Su e az ' sSnI c cssS Value
on ex-dlvidend or redistribution date
R-Paid last year. Declared or paid
after stock dividend or split up. k-De
clared or paid this year, an accumulativt
issue with dividends In arrears. p-Paic
no action taken al last dividend meeting
r-Declared or paid In 1862 plus stool
dividend. Playable in stock during 1852
estimated cash value on ex-diyidend o
redistribution date. Calculating div
dend.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05
Stocks Score
Slight Gains;
Trading Slow

NEW YORK, July S (AP).-
The stock market kept to the
upside with some gold mining
issues well ahead today. Trading
was slow early this afternoon.
The slight rise was mirrored
by the Associated Press average
which showed a noon gain of
40 at 215.70, with industrials
up 80, rail off 20. and utilities
UP 20.
The prolonged recovery drive
from the 1862 skid-there were
four straight clear-cut advances
by the Tuesday close-seemed
to be running out of gas.
Moderate gains outnumbered
losses among key stocks, with
most movements kept within a
point and a number of issues
unchanged.
Wall Streeters commented
that psychology in the street
seemed to be better and a
number of analysts said they
looked for irregular improve
ment for some weeks, at least.
The rise of the gold shares
was preceded by news Of an
advance in the price of gold
bullion on the London market
HomeStake, up about 2, and
Dome Mines, ahead more than
a point, were the best per-
formers among the gold mining
issues.
Big Three Motors were down
as General Motors lost about q
point in spate of active trad
ing. Ford and Chrysler dropped
fractions. American Motors
gained a fraction. Studebaker
was steady.
'aSteels were narrowly mixed,
with Bethlehem up, Republic
off and U. S. Steel about un-
changed.
Tobaccos edged lower. Amer
lean Tobacco lost "a at "a on
$500 shares. Liggett & Myers
took a similar loss.
Fractional gains among rub
berS, mail order-retails, oils
and some Of the chemicals, base
metals, and rails helped give
the list its edge to the upside
The growth" issues seemed
to have tired after their recent
upswings from a bad battering
Xerox fell more than 2. Pola-
roid and International Business
Machines dropped more than q
point each.
Prices moved higher on the
American Stock Exchange in
light trading.
Corporate bonds were irregu-
larly lower. U. S. Government
Bonds showed scant chance in
quiet dealings.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05
COTTON

NEW YORK, July 5 .CAP).--Cotton
futures were irregular today. Nearby
July declined on liquidation, retlecting
OF seven July delivery notes isSud
today. The balance Of the market
was bolstered by light trade and COM
mission house buying.
Spot cotton markets were quiet.
A Memphis spot firm said the cotton
crop made good progress during the
past week except in the CarolinRs,
where continuous showers hampered
cultivation and insect control. Cotton
progress was generally good in the
central and western belts and good
to excellent in the Far Western States.
Late afternoon prices were 25 cents
the previous close. July 1896, October
"a. OS and December 34.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05

DETROIT, July S (AP).-
After a years layoff, sponsors
of the National Auto Show are
building up steam for their
October presentation which
they claim will be bigger and
better than ever-just like their
cars.
The show, which opens Oc-
tober 20 in Detroit's Cobo Hall,
will be the 44th in a series
which began in 1900, but only
the third since World War II.
Before the war the shows
were an annual fixture in New
York City. Attendance was
reasonably good and the New
York locale seemed to build up
the national interest the auto
manufacturers so much de-
sired.
But the one New York post
war revival, in 1856 at the
Coliseum, was only modestly
successful at best. Two years
ago Detroit built Cobo Hall, a
vast exhibition showplace on
the Detroit River and the
Automobile Manufacturers AS
ISOLATION organized the AID
auto show as the opening at
traction.
Attendance Over Million
The announced attendance OF
we'll over one million in the
eight day run was spectacular
especially in State where some
500, 900 people earn their daily
living building cars.
National attention also was
unusually high with newspapers
and magazines issuing special
sections and network televiSior
devoting a solid hour.
Success was so outstanding
that the sponsors took a yeal
off to evaluate the situation
New they're ready for another
shot.
Once again they will have
400, 900 square feet of exhibition
space they are quick to point
out this is enough room fol
nine football fields, plus 9
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05
NEW YORK
BONDS
,no, Sales HlG a Low 200 Chg

nist Includes Most Active Bonds)
Furnished by the Associated Press
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05

Win bankruptcy or receivership ol
being reorganized under the Bankruptcy
Act, or securities assumed by such com
panies. xi-ex-interest. ct Certificates
st : Stamped. f. Dealt in fiat. K Matured
bonds, negotiability impaired by maturity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-05
ODD-LOT TRADING

NEW YORK, July s (APl.-The New
York Stock Exchange reported today
these odd lot transactions by principal
dealers for July. 3: purchases of 434,-
$40 shares; sales OF 2SS,0S4 shares
including 1901 shares sold snort.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
Coach S Defiance
Costs Annundu|e
Come by Forfeit

Falls Church High School
scored a 20 forfeit basketball
victory over Annandale last
night. but it wasn't because the
Atoms failed to show up for the
game. The Jaguars were
awarded the forfeit because
Annandale Coach Harry Smith
wouldn't leave.
Smith was ordered to quit
the Annandale bench by Mike
Gussie, an official, after Smith
had protested a ruling early in
the first quarter. Smith was
given a minute and a half to
leave. When he refused, Gussie
awarded the game to Falls
Church.
The ruling followed two tech
nical fouls called against the
Atoms for batting the ball out
of bounds after scoring a
basket, taking away Falls
Church's opportunity to fast
break.
John Reed of Falls Church,
captain, was awarded the two
points and Art Valotta, the
Jaguars' athletic director
awarded the $50 spectators
their money back. Annandale
held an 8-6 lead before the
hasSle started.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
Prince Georges Plays
Potomac State Coqers

CATONSVILLE, Md, Feb. "a
fSpeciaD. Prince Georges
Community College had a title
CLEAN in its eye today going
against Potomac State in the
semifinals of the Tri-State
Conference basketball tourna-
ment.
Prince Georges edged by
neighboring Montgomery &c,
1864, while Potomac won a
weird game from Wesley &c of
Dover, Del, 1928, in the first
round last night.
The first game of this morn
ing's double-header paired Bal
timore &c against Shenandoah.
Baltimore ousted Hartford &c,
1858. and Shenandoah polished
off Charles County &C. 1866.
Today's winners meet at 9
o'clock tonight for the cham
pionship.
Ray Mcdaniel scored 20
points and Bob Jones 18 in
pacing Prince Georges to vic
tory. Harry Burchette popped
in seven field goals to keep
Montgomery in the running
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
George Mason Meets
HondIey in Title Game

George Mason High Schools
basketball team goes after its
second straight stunning upset
in the finals of the Northwest
ern Conference, Virginia Group
lib tournament at 8 o'clock
tonight at John Mosby Acad-
envy in Front Royal.
The Mustangs upset James
Wood of Winchester, 60-57,
last night, at Loudoun County,
swapping an 18-game James
Wood winning streak. In the
other semifinal, Handley, also
of Winchester, whipped Hern-
don, 61-48, at George Mason.
Handley plays the Mustangs
tonight for the championship.
Handley was 1874 overall
and finished in a tie with
James Wood for the regular
season title. Both had 80 rec
ords. George Mason finished
fourth in the league.
In the Battlefield District
tournament, James Monroe of
Fredericksburg defeated Spot
sylvania, 68-48, and Stafford
won over Orange, 1884, at Gull
pepper. James Monroe and
Stafford, already in the State
tourney, meet at 8:45 tonight
for the title.
James Wood held a 55-49
lead late in the game but
George Mason rallied and
Butch Duncan's field goal fl
nally pulled the Falls Church
team into a 55-55 tie.
Ronnie Kern put James
Wood back in front, 57-55, but
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
By JIM CAWOOD
Contributing Writer

Each team in the st.
Stephens basketball tourna-
ment has a player from the
Saints junior varsity assigned
to it as a student aide and
last year Jim Howard was ap-
pointed to take care of Kings
wood School of West Hartford,
Conn.
Howard graduated to the
varsity this season and he
took care" of Kingswood in
the opener of the seventh an
nual tournament. Last night
he took car of Sidwell Friends
in the Semifinals and at $3.50
today he'll see what he can
do with Landon in the finals.
The 6-foot-3 forward scored
26 points to lead st. Stephens
to its third straight victory
over Friends, 56-51. However,
he had to share the heroics
with Landon's Bo Berger, who
pitched in a 25-foot jump shot
at the gun to defeat Good
Counsel, 43-42.
In the consolation bracket,
St. Adams outlasted Christ
church of Saluda. Va, 49-47,
and Kingswood edged Norfolk
Academy, 67-66, on Jack Mont
gomery's tap-in in the third
overtime.
Christchurch and Norfolk
played for seventh place, at
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
Second Upset in Row Gives
Mt. Vernon Shot at Tourney

eighth game in IA tries. Paced
by Bob Wills Is points, the
Lancers outscored Madison, 90
9, in the second period to win
going away.
WAKEFIELD OSBOURN -.
Herb Brown and Greg Smith
scored Is points apiece as the
Warriors had an easy time with
Obsourn. Wakefield needs a
victory in its last game with
Mclean for a playoff spot.
Osbourn's Doug Dotson was
hospitalized after colliding with
the stands in the third period.
PARKER GRAY JENNIE
DEAN-Parker- Gray overcame
an 1915 Jennie Dean lead after
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
St. johns Has 7 roubIe
With Stubborn Eagles

st. Johns High Schools
basketball team, which Mon
day appeared to be in a good
position to take second place
in the Catholic League, sud-
denly has found the going
nightly rough.
The Cadets were upset by
O'Connell Tuesday and last
night had to fight off a stub
born Gonzaga team for a 47-44
victory at DeMatha.
In other games involving
prep schools, st. Anthony's
ran its record to 1871 with a
1881 victory over George
town Prep at st. Anthony's
and PriOry bombed Quantic0
Post, 1928, at Quantico.
st. Johns jumped off to q
quick 11-3 lead but Gonzags
rebounded to tie the score three
times in the first half, which
wound up PAPA.
The Cadets moved into a
1886 lead with four minutes
remaining in the game but
again Gonzaga got hot and
made it close.
Bob Lewis led st. Johns with
Is points, II of them in the
first half. Sophomore Johr
Himmelberg had IL to top Con
zaga.
ST. ANTHONY'S-GEO. PREF
The TONES overcame a 81.
% halftime deficit by outscor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24

one period to register its 14th
victory against three losses.
The Bulldogs finished with a
81 mark in the VIA. Frank
Pitts and William Hollis led
the attack with % and 20
points, respectively. Herman
Lewis scored "a points for the
losers.
LUTHER JACKSON-CARV-
ER-Houston Summers an d
Roger Wood scored 20 points
each as Luther jackson COM
pleted it's VIA schedule with a
SIS record. The winners built
up a 1873 lead after one period
and coasted to the easy tri-
umph.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
0'Conne|| Bids
For Berth in
Virginia Finals

RICHMOND, Feb. "a (Spe-
ciaD .-O'Connell High School
of Arlington meets st. Paul's
of Portsmouth and Benedictine
of Richmond tangles with st.
Emma's in semifinal games
tonight in the Virginia Catho-
lie basketball tournament.
O'Connell knocked off
Barry Robinson of Norfolk.
64-43, yesterday and st. Paul's
whipped St. Vincent's of New
port News, 53-37, last night.
Benedictine, playing on its
home court, smashed st. Jo-
seph's of Petersburg, 1851,
and st. Emma's prevailed over
Norfolk Catholic, 67-48, in
other first round games.
O'Connell spurted to a 1913
first-quarter lead and then
cOaSted to the victory, ltS sew
enth in a row. Dick Buckley
led the knights with 18 points
while Ron Ullrich and Tom
McVean each Clipped in with
IL.
Benedictine, which defeated
O'Connell in last years cham
pionship game, got "a points
from Johnny Moates and Is
from Denis Soden in its romp
over st. Joseph's.
St. Paul's started slowly
with an eight-point first pc
riod against st. Vincent's, but
got moving in the second pc
Rod. Frank Coppola led ST..
Paul's with 81 points and New
Office added IA.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
St. Stephens, London
Play for Tourney Title

II o'clock this morning, fol-
lowed by the fifth place game
at 1890 between st. Adams
and Kingswood. The third place
contest at 200 matches Friends
and Good Counsel.
Howard didn't play basket
ball his first two years at st.
Stephens, but did we'll on last
years w team, and has been
a steady performer this season
for the Interstate Athletic Con-
ference champions. Only 16, he
will spend another year at St.
Stephens before graduating.
Howard, who got 81 points
against Kingswood Thursday,
got six baskets in the third
quarter to put the Saints into
the lead permanently, and Lam
don Holman, playing with the
flu, added six vital points in
the last period. AL Stephenson
led Friends with II points.
Good Counsel had a one
point lead and the ball with
10 seconds left, but Steve Will
hanson was fouled, missed the
shot. and Landon got the re-
bound. Berger, stumbling as he
shot, swished his desperation
attempt from far out on the
left side of the basket, and
was pummeled by his team
mates for his efforts.
Berger was high scorer for
Landon with Is points, despite
the fine guarding of Bob Bonn
bard, who blocked six Landon
shots and contributed IL points
for Good Counsel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
Semifinu|s Slated
Todoyin Virginia
School Wrestling

NORFOLK, Va, Feb. "a
(SpeciaD .-Semifinals in the
Virginia High School Group
Ia wrestling tournament will
be held this afternoon and
finals tonight with CRANKY of
Norfolk, the defending cham
pion, closing in on its 18th
title in IA years.
The Comets, with a score of
80, sent eight boys into today's
semifinals. The next closest
was Maury and Norview, each
with % points and each with
five semifinalists.
From the Northern District,
Westinghouse had 10 points
and four semifinalists. Next in
order were Annandale. IA (2);
Mount Vernon, 10 80: Fair
fax and Yorktown, S %; Nc
Lean and James Madison, 4
%: Jeb Stuart, 3 ID, and Lee
and Falls Church, l (O and
0 co..
Northern District quarter
finalists:
! os.pGund-Riehard Bowen STUART
Carl Ragland tMaury) defeated Bobby
Hetzer WaShington-Leel, 1913
100 pound-Rilly Ayers lNorviewD
defeated John Shreves fairfax, ~
Pau! Wellstone Yorktown pinned
E FIX M Mi5sfe deteste s"O MAXI Sf
Muepas (Annardalel 10.
15-pound-Jeff Lipsey (Washing-
ton-1seel defeated Dave Street Free
mem 6-3.. Dick Rickhiel Mclean
defeated Henry Billups Great BRIDGE,
123-pound - Mike soukey mt.
Vernon! defeated Phil Arberg wash
ington-Lee), I'll
13o-pound-yernon Smoker Fersu-
f saS R PHn W.ta Price vs 5RnaRdse' de-
136-pound--Tom Lamanna wash
inston-Lee) defeated Charles Sell
Byrd. %. Mike steele (Norviewl
pinned Emerson Fawkes (Wakefield),
III -pOullu--E lUyu pdChley WAR
wick, pinned Keith DOUGLAS Wake
field. irving Williams (Maury) de-
feated Tom Swan tAnnandele), 3D.
14S-pound-Mike McKilvie mt
Vermont pinned Jerry Barker (GW
Danville), 4:45. Vahan Khoyan
washington Lee) pinned Calvin
Zongolowicz (Norview), 1925.
1-pound-Richard Harris tGran-
by defeated Bob Jacobs CGroveton)
IL. Jim Jenkins mt Vernon de-
feated Jerry Mullins (Annandale)
11-5. Mike Chapman (Wakefield) de.
feated Ned Ball Warwick, 3D.
lBS-Dound-Bob Darnell Wake.
field defeated Vaughan Esper wash.
ington-Leel, so. Dan Jones CAnnan,
dalel defeated Don Coburn york
! I7S-pound-Bob White Fairfax
| defeated Dan Hooker (GW, Danville)
! - Jim Spicer (Washington-Lee
defeated Gherman Briggs CCradock)
/ 81 Joe Wolfenger (Maury) defeated
/ Tom Lamone (Wakefield), 81.
Heavyweight-Ken Whitley Nor
| view defeated Ned CARRIER wake
/ field. 1871. Frank Emanuel WAR
wick pinned Steve Sears amman
dale). O:27 overtime.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-24
Win Ends Season
For Southeastern

Southeastern University
ended its basketball season last
night and Bob Lomax cele-
brated by tossing in 80 points
as his share in a 97-79 victory
over Coppin State of Baltimore.
The visitors were in the thick
of the fight in the first half,
which ended with Southeastern
ahead, 41-39. But the Hawks
broke loose in the second to
record their 10th victory against
IL defeats. AL Comacho's 16
rebounds also helped