davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-01-12
BY DICK SLAY
star staff Writer

Knowledgeable b asketbal
spectators at Washington Col
iseum tomorrow night are likely
to remember West Virginia S
Rod Thorn most vividly for one
of two performances-the 80
points he scored against George
Washington a year ago or the
zero he got against William &
Mary at the end of the season,
Both were milestoneS. The
32-point job represents his
highest single-game production
m a t ching an earlier total
against Virginia and his out
put this season against Purdue
The goose egg. when West Vir-
ginia was bumped out of the
Southern Conference tourna-
ment, is believed to be the only
time he was shut out in his
life.
The latter game, Of course,
was the more remarkable be-
cause Restless Rod was and is
the Mountaineers' No. / point
producer. 1t wasn't long after
ward that Thorn quit school.
Switch Pays Off
This was no disgruntled ath-
lete bolting from the campus
and spurning the classroom
after a poor finish to the sea-
son. Rod as a freshman had
carried a "a average with the
books, which is we'll over a
"B." Last school year, in the
fall semester, he averaged 3.3
in his pre-medical studies.
Thorn is high-strung and
nervous, his 176 pounds spread
thinly over a 6-foot-4 frame.
He wanted to be a doctor and
nothing but honor roll marks
would satisfy him. Late last
I season he fell victim to a virus
Evening star., 1962-01-12
Utah's Cage Title Hopes
Killed for Year by NCAA
~ the Associated Presa

All Of o sudden, Utah has
been knocked out Of a shot at its
fourth straight NCAA post
season basketball title tourna-
ment by very likely the only
outfit capable of doing the
job-the NCAA itself.
Utah was hit with one-year
probation yesterday on charges
Of giving illegal financial aid to
a basketball player, which
means some club other than
Jack Gardner's Utes will be
representing the Skyline Con-
ference when the annual NCAA
extravaganza opens in mid
March.
Undaunted by the penalty,
Billy McGill and his playmates
swept to their 18th victory in IA
starts last night by trouncing
Denver, 95-70. McGill, the ma
tional scoring leader, netted AZ
points, pushing his per-game
average to 37.5 and breaking
the Denver Fieldhouse record
of SO set by Vince Boryla of
Denver l3 years ago.
Duke Wins ScOrcher
Dukes Blue Devils G0-2),
ranked 10th nationally, won a
scorcher at Clemson in the
Atlantic Coast Conference,
104-96. Duke had this one by
Is points at the half and later
led by 10 before a Clemson
rally led by Tommy Mahaffey
made a game of it. Jim Mullins
counted IA of the Blue Devils
first 20 points and wound up
with 80. Art Heyman added
%. Jim Brennan scored 26
for Clemson and Mahaffey %.
WlCIllJd Nll-OJ Ildu uOuUlc-
figure scoring from all five of
it's starters and ran off from
Drake, 91-61. Larry Van Eman
and Gene Wiley collected 18
points apiece on the home court
for the WheatShockers, one of
the Missouri Valley Confer
ence's Big Three. They are
tied with Cincinnati for second
place at 81, behind Bradley'S
20.
Kentucky, use in Action
Houston Q1-3) enhanced its
reputation as the Southwest's
top independent, coming up
with seven straight points in a
second-half comeback and
beating Tulsa, 69-6l. Arizona
State University Q0-3 ran its
Border Conference record to a
perfect 80 and ended Texas
Westerns winning string at
eight games, 62-55.
New Mexico State, also penal
lied by the NCAA yesterday
Evening star., 1962-01-12
Senators Sian
0'Conne|I for
Good Raise
BY MERRELL WHITTLESEY
Star Staff Writer

The Senators brought their
list Of signed players to four
today as they announced that
Infielder Danny O'Connell had
been given "a good raise"
O'Connell followed Pitcher
Marty Kutyna into the fold,
Kutyna, a Workhorse in relief
last year as he compiled a 6-8
record and a 3.97 earned-run
average, also was given a pay
boost. Earlier, General Manager
Ed Doherty signed Outfielder
Gene Woodling and Catcher
Bob Schmidt.
Pitching Coach Sid Hudson
also accepted terms yesterday.
Led Five Departments
O'Connell, who will be 80 on
January 29. was picked up as a
free agent last winter. The for
mer National Lacquer proved to
be one of the real huStlers on
the club and his versatility in
the infield was a godSend.
Danny led the club in five
departments-With 81 runs, l28
hits, 80 doubles, II walks and
Is sacrifices. He got into 1873
games, batting .260 and driving
in 81 runs. He was second on
the club with Is stolen bases,
O'Connell has been referee
ing basketball around his home
town, Bloomfield, N. j., and is
in fine shape. Despite this, he
has asked permission to report
early to the Pompano Beach
training camp.
Banks May Shift
Meanwhile, there were these
developments elsewhere on the
major league front:
The Cubs signed Shortstop
Ernie Banks. who slowed up
more in the field last year and
fell off to .276 and 90 homers
while he was bothered by vision
difficulties. Attempts to move
Ernie to third base and left
field have failed, but now the
Cubs may try him at first base.
Outfielder Billy Williams and
Pitcher Glenn Hobbie also
signed with the Cubs.
The New York Nets signed
Pitchers Roger Craig, who was
SIS with the Dodgers, and AL
Jackson and Aubrey Gatewood,
rockies, plus Outfielder Jim
Hickman.
| Catchers Ed Bailey (.245
Tom Haller and Joe Pigatano
accepted the Giants terms. In
fielder Johnny Logan signed
with the Pirates and Outfielder
Yves Covington with the Phillies
Evening star., 1962-01-12

DALLAS. Jan. IL (AP).-The
president and executive director
of the NCAA say two college
players who were American
Football League guests at the
AFL All-Star game in San
Diego could lose their eligibility.
The players are Bookie Bolin,
Mississippi guard, and Bert
Evening star., 1962-01-12
Meek,End Sports
On TERuMO
T TeIeVision
TODAY

Auto Racing
Speedway International,
WTTG-5, $50 pm.
SATURDAY
Basketball
North Carolina State at
South Carolina, WTOP-9, 2
pm.
Cincinnati at Detroit, WRC-
4, 2::30 pm.
Horse Racing
$15,000-added Broward Coun-
ty Handicap from Tropical.
WTTG-5, 4:30 pm.
Golf
Tommy Bolt VS.. Art Wall,
WRC-4, 5 pm.
Bowling
Bowler's Choice, WMAL-7,
$3.50 pm.
Professional Bowlers Tour,
WNAL-7, 4:30 pm.
All Star Bowling, WMAL-7,
10 pm.
SUNDAY
Football
NFL All-Star Game, WRC-
4, 3:45 pm.
Sports Spectacular
Winter Festival, national
skiing championships, WTOP-
9, 2::30 pm.
Golf
Stan Leonard VS.. Jackie
Burke, jr., WTOP-9, 4 pm.
Wide World of Sports
Acapulco water ski tourney
WMAL-7, 5 pm.
Bowling
Championship Bowling,
WMAL-7, noon.
Rudio
SUNDAY
Football
Evening star., 1962-01-12
Radio
SUNDAY
FO0thaIl

NFL All-Star Game, VOL
1850, 3:45 pm.
Evening star., 1962-08-05

Suhinss Of silk and Doeron poHesferI Novelties
in silk and Orion ocrylie! Crepes in ocefdte and
royonl Wool, nYion, royon dress crepesI
Doeron and AWon royonl DocTon and cotton
solids! 40 to so inches wide!
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Earnings

Pillsbury Co. in year ended
May 81 earned $7,671,2 05 or
$3.49 a share VS.. $7.911,265 or
1884 in 1861.
Cessna Aircraft in 9 months
ended June 80 earned $4,448,-
900 or $1.35 a share VS.. $4,793,-
900 or $1.46 in 1861 period.
Douglas Aircraft in 6 months
ended May 81 earned 81, 334,855
or $1.l0 a share VS.. $685. 18
or 80 cents in 1861 period.
Brach & Sons in 9 months
ended June 30 earned $3,153,-
279 or $1.38 a share VS.. $2,786,-
421 or $1.22 in 1861 period.
McKesson g. Robbins in 3
months ended June 80 earned
$1.914,748 or As cents a share
VS.. $l.887. 462 or As cents in
1861 period.
Federal Paper Board in "a
weeks ended June Is earned
$1,512,000 or $1.02 a share VS..
$l,414,000 or 80 cents in 1861
period.
American Export Lines in
months ended June 80 earned
81, Isl ,000s or "a cents a share
VS.. loss Of $626.000 in 1861
period.
Other earnings included:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Insuring SCI
Loans Boosts
Firm Profits

Mortgage Guaranty Insur-
ance Corp. of Milwaukee, which
is insuring some conventional
loans of savings and loan asso-
Citations in this area, today re-
ported earnings in the first six
months of this year rose 217I
per cent above a year ago.
MGIC, as the company is
commonly known, is the only
privately financed insurance
company engaged in financing
the top 20 per cent of a limited
group of conventional mort
cages.
Mostly in this group are
mortgages with a relatively
small down payment. A num-
Der of national savings and
loan leaders participated in its
organization.
President Max H. Karl of
MGIC said the six months
earnings amounted to $1,020,-
089 or IS cents a share, COM
pared with 1921 ,290 or 81 cents
a share a year earlier.
Per share earnings were adj
justed to reflect the larger
number of shares outstanding
at the close of the 1862 period.
Earnings included 80 per
cent Of the unearned premiums
added during the half and con-
solidated earnings of a sub
sidiary.
Application volume for the
first of 1862 totaled $3.50 ,004,-
729, a "a per cent increase from
$148. 626.558 in the same 1861
period. New insurance actually
written totaled $207, 1856 FOG, a
80 per cent gain from $109.-
801, 100 a year earlier.
Gross premium income for
the six months was double that
Of a year ago totaling 50. 422. 758
as against $1.210,794 in the
1861 period.
Insurance in force on June
80 aggregated $714,871,177 on
$685. mortgage loans. Mr..
Karl said continued growth
was due to "low rates, fast serv-
ice and simple procedures
offered by MGpC."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
BUSINESS
BRIEFS
Bank Clearings in rs leading

Bank ClearingS in rs leading
cities in the week ended July 10
totaled 1851 $4,000 COM
pared with $31, 692 500, 900 in
the previous week and $50, 129,-
$4,000 in the like week a year
ago.-Dun & Bradstreet.
Wholesale Food Index, based
on the cost Of a pound each OF
81 foods in general use, this
week declined to $5.87 from
$5.91 last week and was 10
below the like week a year
ago.-Dun & Bradstreet.
Business Loans in the week
ended July IL totaled $50, 278,-
900, 900, up sos million from
the previous and $1,729, 900, 900
above the like week a year ago.
Federal Reserve Board.
Short Interest on July 10
totaled 5,158,849 shares. up
1858 from June is and the
highest since September Is,
1858. The number of issues in
volved on July Is total was
1,044 compared with 1882 on
June l5.-N. Y. Stock Ex-
change.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
CHICAGO
LIVESTOCK

CHICAGO, July 10 (AP) CUSDA).- -
Hogs, 5000: moderately sctive. butch
ers, steady to strong, Instances 25
higher with advance mostly on weights
24O-26O lbs; sows uneven, steady to
strong; good shipping demand: l-2
l90-225 10. butchers. 1S.75-19.0O over
200 head at 1900 and so head prom
Using high yield of lean cut averaging
200 lbs. 1880: mixed 1-3 10000 lbs,
1S.50-1S.S5: 230-26O lbs. 1SOO-lS.5O;
some 2-3 around 27O lbs. 1875; heay-
Ter is weights absent; mixed ID 290-4OO
ID. 15-l4.S5; boars l1.50-12.50.
Cattle, 800; calves none: high choice
and prime cattle absent: slaughter
steers and heifers grading average
choice and below fairly active. other
classes steady; few loads and lots
high good to average choice 950-l,265
ID. slaughter steers 25.00-26.75: load
average choice LOGO lbs. $3.50: few
good steers 23.50-2525: few utility
and standard. 2O.O0-23O0: Holsteins
included at 2150-22.25: good and
mixed good and choice heifers. $3.50
"a so; load mixed good and choice
1853 lbs, "a. so; few choice $40 Id.
heifers. $500: utility and commercial
COWS l4.0G-16.00; Gamers and cut
tiers l2.50-l4.25: few Holstein cutter
and utility COWS mixed 1880: utility
and commercial bulls. 1S.5O-20. so: few
good and choice vealers. 26.00-30. 90:
utility and standard 15.00-25.0O: few
good 500 ID. feeding steers 22.0O:
load choice "A ID. feeding heifers,
%. 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Brown Is Appointed
SEC Administrator

Alexander j. Brown, jr., vet
eran employe of the Securities
and Exchange Commission, has
been appointed administrator
of the commissions Washing
ton regional office.
Mr.. Brown has been acting
administrator since March IL
and started with the Chicago
regional office in 1941.
The Washington office has
been carrying a heavy load of
work. OF the 1852 broker-dealer
revocation proceedings pend
ing at midyear, 40 originated in
this office.
Since Mr.. Brown became act
ing administrator. IL of the 40
cases were initiated. Since July
l, two additional cases have
originated in the Washington
office.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19

phone, Avco Corp, brunswick
Corp, General Motors. Inter
national Business Machines,
Korvette, Inc, Standard Oil Co.
of New Jersey and United
States Steel.
The new questionnaires being
mailed to exchange member
organizations, and certain ex-
change members not affiliated
with these organizations, are
designated EX-5 and EX-6.
Dates to be covered are:
November 3. 6, Is, 16 and II in
1861 and January 20, 80, March
is, 16, April 81, 30, May l,
II, IA, %, 90, 81, and June IA,
49, 1862.
For May %, 1862, or BLACK
Monday" when the stock mar
ket had its sharpest drop since
1929, members are requested to
supply data by time of execu-
ton rather than merely daily
totals. The same dates and
stocks are being used in sew
eral related studies undertaken
by the Special Study.
A covering letter to members
states selection of the eight
stocks for study does not imply
any question or criticism re-
garding the securities or the
members transactions in such
securities.
The new forms ask for in
formation about members trad
ing for their own account in
itiated off the floor of the ex-
change but executed on the
floor Of the exchange on the
specified dates.
The forms generally are
similar to questionnaires EX-2
and EX-3. which covered mem
bers' transactions initiated off
the floor in all listed stocks
for three one-week periods
ending respectively on January
rs. March "a and June 16. ]
The new forms, EX-5 and
EX-6 are to be submitted to the
Special Study by August 20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Food Brokers
Organize Firm

Arthur E. Landers, jr., and
William Babb have announced
the formation Of a new broker
age company to be known as
Landers and Babb Food Sales
Co. Of Washington and will
start operations August /.
Mr.. Landers has been a food
broker in this area since 1916
and formerly was a partner
in Landers and Morrissey Food
Sales Co.
Mr.. Babb has been in the
frozen food business on the
East Coast for more than II
years. He formerly was general
sales manager for Shorthand
FreezerS, Inc, of Salisbury,
Md, and for the last two and
a half years has been Snow
Crop Brand manager for Sea-
brook Farms Co.
With offices in Suite T13E,
the Towers East, at 4201 Cathe-
dral avenue NV, the new COM
pany will cover the District,
Maryland and Virginia market
ing areas.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
PEOPLE
IN
BUSINESS
Duncan Miller heads a ne

Duncan Miller heads a new
Washington public relations Of
flee for Vitro Corp. of America,
with offices in the Munsey
Building. He formerly was as
sistant PR officer of the firms
Silver Spring laboratory.
Theodore S. Shearer of Falls
Church has been named profess
Sional service representative for
Pfizer Laboratories Division of
Chas. Pfizer & Co., in this area.
Daniel Melnick has been ap-
pointed vice president of Sea-
board Land Co.
Jackson T. Wills, WaShinton
representative of Aerojet-Gen-
eral Corp. for the lost 10 years,
has been named western re-
gional manager of customer
relations at FL Segundo, Calf.
John G. BrinckerhOff has
become general sales manager
for National Airlines at Miami
James FulfOrd of Fulford's
Colony, Washington appliance
firm, has been named to a
marketing council of IS out
standing appliance dealers from
all parts of the United States
Chester A. Carter, credit
manager of Woodward & 10th
rop, has been cited for out
standing competence in con-
sumner credit management by
the National Retail Credit AS
ISOLATION.
Hal o. SchmOkel, mechanical
engineer, has been named
project leader for advanced de.
velopment at the Emerson Re.
search Laboratories of Emer.
iron, Inc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
HuIIunun Resions

Walter S. Hallanan an
nounced he is stepping out of
the Craftsmanship of the Ma
tional Petroleum Council after
heading the group Is years.
Mr.. Hallanan said he was re-
questing R. G. Follis, San Fran
cisco, vice chairman of the
council since 1949, to assume
the duties of acting chairman.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Walter Views
CeIotex Only
As investment

CHICAGO, July 10 (AP)-
The president Of the Jim Wal
ter Corp, a home building firm,
said yesterday his company has
acquired 100000 shares - 40
per cent-of the Celotex Corp.
only as an investment.
j. w. Walter, president of the
Tampa F7a) shell home man.
ufacturer, said he has no plans
for merger, no immediate an
agement changes in mind, and
that he is not seeking a seat
on the Celotex board.
The Walter Corp. reported
on July u that it had pur-
chased about $50, 900 shares of
Celotex at about $50 a share,
or an estimated IS per cent of
the building materials manu-
featuring firms outstanding
J common stock.
Others Purchased
The additional $4,000 shares
mentioned by Mr.. Walters at a
news conference yesterday have
been purchased since. He said
his company had no objec-
tons to owning so per cent
of Celotex stock" and that ii
has funds to purchase that
amount.
Mr.. Walter said, however,
that he has made no commit
ment to buy Celotex stock and
has no particular goal. He
said he would like board repre-
sentation, but that it is up to
Celotex.
Henry w. Collins, president
of Celotex, said Mr.. Walters
firm is surely entitled to rep
resentation, and I think he'll
get it without question"
Celotex stockholders have
held their 1862 meeting, but
the board of IL members could
be enlarged without a stock
holders meeting, Richard H
Thompson, vice president and
secretary, said.
Asked his aim in buying such
a large block of stock, Mr.
Walter said: Frankly, we
bought it because we feel it is
a fine company. 1t has a good
earning record and a good fu-
ture."
He said he thinks the stock
is worth more than the $50 9
share paid.
Rejected by Ruberoid
The Ruberoid Corp, New
York, maker of asbestos anC
asphalt building materials, hac
publicly offered to pay $25 fol
$4,000 shares of Celotex com.
mon, but announced yesterday
it has rejected all Celote2
shares rendered.
/ Celotex stock was off ia In
early morning trading, selling
at $247s on the New York Stock
Exchange.
Edward M. Gilbert, former
president of the E. L. Bruce
Co., tried to acquire Celotex anc
merge it with Bruce. Mr.. Gil.
bert fled TO Brazil after report
ing he had withdrawn almost
50 million from the Bruce treas
ury without authorization.
Mr.. Walter said he does not
know if the stock he has pur-
chased was Gilbert's. Carl M
Loeb, Rhoades g. Co., handled
the transaction. Mr.. Walter
said his company would pur-
chase as much building ma
terials as possible from Celotex
He estimated this could mean
SO to 81 million annually.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Franklin Federal
Reports Growth

Invested savings Of Franklin
Savings & Loan Association
totaled $3,971,227 on June 80.
up "a per cent from $3,041, 500
a year ago, it reported.
Assets totaled $4,475,016, a
gain of 10 per cent from So
669.349 on the same 1861 date.
Mortgage loans amounted to
$4,029,776, compared with So
1913. 49l, and reserves increased
to $250,617 from $231,782.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19

ahead of 1891, 100000 on the
like 1861 date.
Commercial and industrial
loans totaled $149,416,000 on
July IL, compared with $146,-
1877, 900 a week earlier and
were far behind $176, 766, 900 a
year earlier.
Real estate loans amounted
to $178,305,000 on July IL,
compared with $176,625. 900 a
week earlier and $172,517.000
a year ago.
Deposits aggregated $1,270,-
$4,000 on July II VS.. $1,277,-
397.0 900 a week earlier and
were far ahead Of $1,167, 927,-
900 on the like 1861 date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Electronics Company
Gets Financing

Farragut Square Investment
Corp, a Federally licensed small
business investment company
here. has concluded a financing
arrangement for White Electro
magnetics, Inc.
Farragut Square purchased
5000 shares of common stock
from WEI at the current mar
ket price of $3.75 per share.
In addition to this equity inter-
est, the investment corporation
lent an additional $4,000 in
long term financing to provide
added operating capital for
WEI,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
YOUR MONEYS WORTH
Foreclosure
Whut to Do?
BY SYLVIA PORTER

your home long and you're q
relatively young family. It's in
the early years that the burden
of home-ownership is greatest,
the family,s other expenses are
likely to be heavy and the
earnings level is still compare
lively Glow. What should you
do?
Go to the financial institu-
ton which holds your mort
gage, tell the officer in charge
of your loan the whole truth
about your financial setup.
While your instinct may be to
hide your troubles. particularly
from him. do Just the opposite!
Your institution may length
en- the period for your repay
ments to cut your monthly
burden. 1t may give your a
moratorium during the period
you're in temporary trouble
and let you pay the charges
due now at the end Of your
mortgage period. 1t may recaSt
your mortgage altogether to
give you an easier time until
you're over your financial
hump.
If you have a FILA or VA
mortgage, go at once to the
local office, also tell the whole
truth. You may get direct help
which will rescue you from
what now seems to you a hope
less mess.
Broker May Help
Go to a responsible real es-
tate organization in your area,
see If the broker can help you
make a sale. He'll be interested
because he can earn o COM
mission-and If he can find q
buyer, he'll also try to help
with the refinancing.
Don't under any circum-
stances go to q questionable
lending agency and try to save
yourself by borrowing at steep
rates to pay your m onthly
charges. You'll only be intensi-
flying your load, piling one Dor
rowing charge on top Of an
other, m a king disaster more
inevitable.
1t isn't the way it was in
the 1930s, when financial in
situations didn't know how to
or weren't willing to help o
homeowner through a tough
period. The attitude of lenders
is dramatically different now. =
Stay out of trouble by fol-
lowing the fundamental rules,
but If you're in trouble, go to
the top sources and ask for di-
rect help.
Distributed. 1862, By the Hall
Syndicate. Inc. All Rights Reserved)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Prudential Payments
Increase in Capital

District of Columbia policy
holders and beneficiaries of
Prudential Insurance Co.. were
paid $2,579,000 in the first six
months of 1862, compared with
81 million in the same 1861
period, the company reported.
Record total company pay
ments in the United States and
Canada amounted to $781, 549,-
900, VS.. $740, 642, 900 a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Little Change Seen
In Bank Statistics

Gross loans and deposits Of
Washington's three largest
banks showed little change in
the week ended July IL, the
Federal Reserve Bank of Rich
mond reported today.
Gross loans of Riggs Ma
tional, American Security and
National Bank Of Washington
totaled $620,411 900 on July IL,
compared with $500, O33, 900 a
week earlier. but were wen
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-19
Profits Jump 34%
,Jul,

MILWAUKEE, July 19 (AP).
JoStph SchlitZ Brewing
Co. announced today that net
earnings for the first half of
1862 rose what it termed a
dramatic 34.8 per cent as sales
jumped 22.6 per cent, to 1914
million from $79.5 million dur
ing the same period a year ago.