davidaulloa/AmericanStories huggingface dataset:
The Republican., 1962-05-10
Sponsors Talent Show

The Crcllin Parent-Tcachcr as
sociation is sponsoring a talent
show to be presented Monday eve
ming, May 81, at 8 o'clock in the
auditorium Of the company store
in Crcilin
Among the attractions will be Sc
lcctions by the Oakland Barber
shoppers and other local talent
Admission is 25 and so cents.
ices, beginning May 13, it was an
nounccd. Services will be held each
Sunday at 7:30 p. M, DIST.
The church is located near route
$50 at the cross roads, about two
miles north of German Music and
singing will be included.
The Republican., 1962-05-10
New Uniforms Shown

The Southern High band paraded
in its new uniforms on the streets
of Oakland yesterday morning. The
uniforms arrived just too late to
be worn by the members in the
concert last Friday evening.
The uniforms we're ordered early
in March at a cost of S4,5O0 The
Band Boosters have raised all but
81 200 of this amount and the club
has arranged for tag day on Sat
urday. May 10, in an cndcavor to
raise some additional money.
The Republican., 1962-05-10

cago is a distinguished physician
and professor and chairman of the
department of medicine, Loyola
University School of Medicine,
Chicago
Albert James O'Brien is execu-
tive vice-prcsident, Ralston Purina
company, st. Louis.
The Republican., 1962-05-10

Successful eradication depends
upon the reputation of the exter-
minator, where such work is con-
tracted Ii is important to plan
carefully, not panic, because you
will want to investigate firm Of
fers of references, such as through
the Better Business Bureau or
County Agent; particularly check
the responsibility of out-of-town
firms. Any reliable firm will vel
come reference checks. The Ma
tional Pest Control association or
state pest control association will
confirm members in good standing
in your area.
The Republican., 1962-05-10
announcement

should like to make the following statement dur
ing the closing days of the campaign:
l have managed and totally financed my
pagn. am not controlled by any individual group of
individuals organization. am free from any pressure
groups or improper influence. l have conducted my
campaign in fair and proper with due regard
to the important office which seek and the response
bility which it carries have said nothing derogatory
about my opponents, do intend to do So l seek
the office of Associate Judge for Garrett County the
strength of my qualifications and ability and ask the
support of all persons regardless of party affiation,
who feel that / am qualified and able to properly adj
minister justice without partiaity improper influ-
Stuart II. HNEuiU
The Republican., 1962-05-10
Church To Resume Services

The Oak Grove Methodist church
which has been closed for several
months will again be open for scrv-
, 1962-01-04

# 49, - AOA"oD1A AiNO4AAeA = 1VN ~. -
ity Of the Administration for the Governor to set up any
committee to advise him on something, but that's all the
committee is. It has no legal standing as far as we are
concerned. Now, they can come back with a
ton, which [ understand they are going to come back
with, turning down the Sandy Point Area and coming
up with something else. But they have no legal standing
asia as this Legislature goes. And we appropriated spe-
cific funds u.
PRESIDENT Interrupting). / just want to ask
you this, Senator De Lugo. According to the law the
existing committee created by law expired upon the Sc
lection of the site. Is shat it?
MI DELUGO: don't think SO! It says they shall Sc
lect a site and shall report its selection OF a site and shall
report it's selection of site to the Governor no later than
April /, 1860. But it does not say that the committee dies.
THE PRESIDENT: The minute they select the site
their job is done, because the only purpose you had them
for was to select a site.
MR. DE LUGO: Well, they could continue on; that's
a moot question anyway. The bill that the Legislature
passed is very clear.
H PRESIDENT: It was up to the Administration
to proceed in accordance with the law to acquire the site.
MR.. DE LUGO: just wanted to point that out now
because | think its very important that we point it out
at this time, because / think we're going in the wrong
direction. And we have funds available; they were in
Guided in Act No. 598, which was approved June To-,
lyU. And we're still dragging our feet on this matter.
We have a total of $l2O.0OO.
It doesn't have to be twenty acres; it says up to twenty
acres. | think we should take a good look at this thing.
MR.. ANDUZE: Mr.. President.
THE PRESIDENT: Senator Anduze.
MR.. ANDUZE: Mr.. President, I'd just like to make
afew remarks in connection with this Sandy Point issue.
and the fact that Senator De Lugohas just brought out.
In the opinion of the Chair, the COMMITTEES expired on
selection of the site. Well, then, we should take it that
the site should be the site under consideration to be
bought. Well, now, it seems very peculiar to me that the
new Administration should choose a committee of the
same number, using only one requirement for the selec-
ton Of committee members set up by the law; that is, the
, 1962-01-04


Commissioner of Property and Procurement, and max
ing sure not to choose anybody from the Town Of Fred
eriksted. The othertWo members are: The Commission
er of Agriculture and Labor, from Christiansted, and
Judge Herman E. Moore from St. Thomas.
Now it seems to me, if the people Of Frederiksted
are interested in getting a recreational center, the peo-
pie Of Frederiksted should have a little something to say
about it. But right now, representatives from Christian
sted and two from ST. Thomas are passing on the selec-
ton Of a site for the people of Frederiksted.
PRESIDENT qnterrupting): I don't know
about that, Senator. According to the law, the Frederik-
sted Site Committee selected a site in the Sandy Point
Area. 1t made its recommendation to the Administra-
ton. The Administration, in accordance with the law, is
obliged to acquire the Sandy Point Area under the terms
of the law. If, in the opinion Of the Administration, it
needs further advice, it has the right to select its own
committee.
MIR. DE LUGO: Mr.. President.
THE PRESIDENT: Senator De Lugo.
MI. DE LUIGI | would believe that if there is to
be any reversal or anything like that, it has to come back
to the Legislature. The Administration will have to bring
its case before the Legislature. That law has got to be
carried out.
THE PRESIDENT: Well, l think if the Administra-
ton wants to use another site, think it will have to have
an amendment made to this law. But. in accordance with
the law, as it exists now, it can only acquire land at
Sandy Point for recreational purposes. And unless the
Legislature amends the law to change it to another area,
the law would have to remain as is.
MR.. MADURO: Mr.. President.
PRESIDENT: Senator Maduro.
MR.. MADURO: Mr.. President, l should like to talk
a little about another commission. It has nothing to do
with what Senator De Eugo and Senator Anduze spoke
about.
Our Police and Fire Commission is comprised Of
four members of which the Commissioner OF Public
Safety is a member 1t is my position that on a Commits
sion of this kind which hears cases involving policemen
and firemen and makes determinations, the Commission
er of Public Safety, even if he is an ~ex-officio member
on the commission, should not be allowed a vote on the
Continued on Page a J
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
.CIuett Peabody
Near Purchase
Of Rogers Peet

Cluett Peabody g. Co., Inc,
of New York is expected to
conclude arrangements for &C
QUESTION of the Rogers Peet
Co. and its mems apparel stores
shortly.
This was reported today by
a high official of Cluett Pea
body in New York :
Rogers Peet stores in New
York, Boston and Washington
will be included in the acqui-
sition and will continue in
operation under their present
name, he declared.
Cluett Peabody & Co. /. is
operating a network of retail
apparel stores for men. women
and children under various
names in leading cities, in
Guiding st. Louis, Chicago, st.
Paul. Minneapolis and San
Diego.
The Boyd Richardson stores
in st. Louis and Lytton's stores
in Chicago are among these.
Rogers Peet Co. acquired the
former Sidney West, Inc, store
at Fourteenth and G streets,
NV, in the fall of 1860. 1t
also has three stores in New
York and a store in Boston.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
Moving Results Hailed
AT Bank of Commerce

dent Groom. Total assets re-
Gently went above the $50 mil
lion mark, he said.
The bank moved it's main
office seven years ago from
the corner of Seventh and E
streets NV, where it had been
located for 46 years.
In the seven years since
moving of the main office, the
banl has increased its capital
on three occasions by the sale
of additional shares of stock,
on December 2, 1857, July /,
1859, and July /, 1861. Mr..
Groom pointed out. Capital
now totals 81 million and sur
plus amounts to So million.
Despite increases in out
standing capital shares, the
bank has maintained its an
nual dividend payments to
stockholders at $12 a share and
has an unbroken dividend rec
ord stretching back to 1912, M.
Groom emphasized.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
Duro-Test Offering
Reaches Market

A public offering of $3.5
million of Duro Test Corp.
subordinated 51a per cent de-
bentures series A, due in 1882.
and common stock warrants
was marketed today by a group
headed by Auchincloss, Par
ker & Redpath.
The offering was in units
priced at $1,000 per unit and
consisted of $1,000 principal
amount of debentures with at
tached warrants for purchase
of go shares of common stock.
Washington members of the
group in addition to the Auch-
incloss firm included: john
Ston. Lemon & Co., Alex. Brown
& Sons, Hemphill, Moves &
Co., Ferris & Co. and Mackall
& Coe.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
Montgomery Ward
Names Area Chief

James G. Ceiling has been
named general manager for a
new metropolitan district OF
Montgomery Ward q Co. COW
ering seven stores in the Wash
ington- Baltimore area.
Mr.. Ceiling will coordinate
activities of stores at 10000
South Monroe street in Balti-
more, at Towson, Md; Essex,
Md; the Wheaton Plaza Shop
ping Center in Wheaton, Md,
and at 906 King street in Alex
andria.
A new unit scheduled to be
opened in Glen Burnie, Md, on
January 16 and a store to oper
in the Capital Plaza Shopping
Center in Villa Heights, Nd
next March Is also will be in
cluded in the new district.
Mr.. Ceiling mas been Eastern
region merchandise manager
and will be succeeded in thi'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
Dividend Increase

MOLINE. ILL.,, Oct. 81 (AP).-
Deere and Co. directors in
creased today the annual CON-
mon stock dividend rate from
50 to 1920 by raising the regu-
lar quarterly to So cents
share from so cents and declar.
ing a special 1862 fiscal veal
dividend of Is cents a share
Both will be paid January 2 tc
shareowners of record Deem
Der 3.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
Dykstra Cites
Competition
From Abroad

DETROIT, Oct. 81 (AP).-
john Dykstra, president Of
Ford Motor Co., said yesterday
American auto companies will
have to hustle to, meet foreign
competition both domestically
and in the international mar
ketS.
Mr.. Dykstra's remarks were
prepared for the annual meet
ing of the Detroit Tooling AS
ISOLATION.
Foreign manufacturing
know a great deal about max
ing automobiles" the Ford ex-
cutive said. "They have copied
American manufacturing proc
esses and have developed some
of their own. And they are
getting better at it all the
time"
Mr.. Dykstra spoke in glowing
terms of the prospects of the
European Common Market
which he called already an
economic giant and bound
to grow faster in the years
ahead"
He said. that increasingly all
of its resources-its men, ma
terials, money and machine
will be pulling in the same d.
rection."
High tariffs are not the an
swer, he said. "On the othel
hand, agreements with thu
Common Market-which nov
are possible under the Trad
Expansion Act passed just
few weeks ago-hold forth +
business the twin hope Of ex
panding sales abroad and al
Increased economic growtl
tempo in the United State
and the Common Market.
Ford is building an int
grated worldwide company +
meet consumer demands Ii
every part of the world at com
petitive prices. he, said.
"And we have the creates
confidence that our compan,
can increase its share of bust
ness not just in the Common
Market, but in the entire in
ternational market, Mr.. Dyks
ira said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31

of September %, date of the
recent controllers call.
Commercial and industrial
loans of $212,566,000 were well
below $230,165,000 on June 80
this year and were down per
cent from $214,667, 900 on Sep
TENDER 81 last year.
In contrast, real estate loans
reached a new high of $685.
100000 on September %, COM
pared with $239, 1886, 900 on June
80 and 1927 ,427, 900 a year ago.
Other loans amounting to
S43O, $4,000 on September %
compared with $408, 1867, 900 in
June and $376,721 900 in Sep
TENDER last year.
Gross loans totaled $780,
722,00O, compared with $877,-
$4,000 in June and $8l8,815,-
900 a year earlier. Net loans
after valuation reserves ag-
eregated 1891, 1863, 900, compared
with 1869, 1888 900 on June 80.
and were 10 per cent ahead
Of 9,812.000 a year ago.
With better earnings a fac
tor, capital accounts of the IL
institutions reached a new peak
Of $135,976,O00 on September
80, compared with $132,659, 900
on June 80, and $127, $500
in September last year.
I Assets also set a record OF
872,126,000 on September
%, compared with $1,857,12S,-
600 on June 80, and were 9.8
per cent above $1,706.314,000 a
year ago.
AS reported previously, record
deposits of $1,696, 1852, 900 COM
pared with 1888, $4,000 in
June and were 10 per cent
ahead of $685. 1854, 900 on Sep
TENDER 81, 1861.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31

The banks growth and prog
ress have been accomplished
without any merger or consol-
idation in its entire history
since it first opened for bust
ness on December 2, 1907, at
the corner of Eighth and G
streets. NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
Levothes New Head
OF SBIC Group

Gus Levathes, executive vice
president of Allied Capital
Corp. of Washington, was
elected president of the Mid
Atlantic Regional Association
of Small Business Investment
Companies at a meeting In
Baltimore yesterday.
T. Eugene Smith, executive
vice president of Potomac Small
Business Funds, Inc, of An
Mandate, Va, was named vice
president of the regional as
ISOLATION. Leon Stielman OF
Philadelphia was named secre-
tary and Paul Hurwitz of Phil
adelphia was named treasurer
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
Litton Plans Plant
In Prince Frederick

The Maryland Division OF
Litton Systems, Inc, has taken
an option on an industrial
building at Prince Frederick in
Calvert County, Md, and plans
to establish an electronics
manufacturing facility there if
1t secures certain contracts upon
which it is bidding.
Russell w. McFall, vice pres
ident and general manager of
the division, said Calvert County
has been certified by the Labor
Department as an area of sub
stantial and persistent unem-
ployment. The divisions main
plant and laboratory are in
College Park, Md.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
YOUR MONEYS WORTH
New Tax Luws-VIII
Dividends Interest.
By SYLVIA PORTER

| Treasury has been given power
to require corporations to re-
port interest on other obliga-
tons of a type offered to the
public.
Banks paying Incerest on
deposits.
Mutual savings banks, saw
ings & loan associations, CO.
operative banks, credit unions,
similar organizations. making
payments to the public, wheth-
er or not the payments are
called interest.
Insurance companies paying
interest on amounts held un-
der an agreement to pay in
terest which will include
interest on policy dividends
held for you by the company
and interest on policy proceeds
held under the company's
agreement to pay interest.
Brokers and securities dealers
paying interest on deposits.
No interest reporting will be
required for United States Saw
ings Bonds and other govern
ment bonds, state and Local
obligations or for private bor-
rowingS.
The tougher reporting rules
and penalties are designed tt
J force those who receive inter.
est to reveal this income, but
they also will compel m a ny
smaller, closely held corpora.
tons to be much more careful
about reporting interest a n
dividend payments to stock
holders.
Use care in 1868 whether
you're on the paying or re.
ceivind endl
Distributed 1862 by The Hall Syn
dicate, Inc. AL rights reserved.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
Maryland National
Gets New Branch

Maryland National Bank yes
terday received approval of the
Controller of the Currency for
establishment of a new branch
office in the White Oak Shop
ping Center at New Hampshire
avenue and new Route 20 in
Montgomery County, Md.
The Baltimore bank has
other Washington Area offices
in Rockville and Upper Marl-
boro and has received approval
for offices in Silver Spring and
( Bethesda
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31

Although Congress turned
down President Kennedy's APP
peal for a withholding tax on
dividends and interest, it did
vote much stricter rules in the
1862 Revenue Act for report
ing information on interest and
dividends.
Chiseling on reporting div
idends and interest will become
riskier and riskier as the Treas
ury starts to use its new in
| formation returns for a closer
check-up, and 1t will be par
ticularly risky when the infor-
nation is ultimately handled
| by the Treasury's new auto
matte computer equipment.
If you have money on deposit
in banks or savings associa-
tons, you'll be the most affect
ed by the new requirements.
Until now the Treasury has
asked for information returns
only on interest payments to-
| falling $500 or more in a year
to a depositor. At a 4 per cent
rate, it would require a $4,000
account to produce even this
minimum figure; so there has
been practically no reporting
of interest paid to anyone.
But starting in 1868, II
b a n k or savings association
pays or credits you with $1'
or more of interest in a year
it will have to file an infor'
nation return with the Treas
ury, giving your name and ad'
dress and how much was pait
or credited to you.
The bank or association alsC
will have to send you a state
ment telling you that it re-
ported to the Treasury HI
amount it paid or credited II
you.
AS for dividends, corpora
lions already are required II
report payments of $40 or NOR,
. a year, but many have failet
to do so because the penalt.
for not reporting has been 81
|. small. But from 1868 on,
!. corporation which pays $40 o
I more a year in dividends vii
have to inform the Treasur,
0 and the stakeholder. Failure II
s file either an information re
! turn or a statement will b
3 penalized $40 apiece to the cor
) poration, bank, etc.
There still will be some area
: in which interest reporting vii
Z not be required = for instance
8 interest paid by individuals whit
: aren't in the business of Dor
Z rowing money or of accepting
! deposits. Thus, if you borrow
9 to buy your car or have {
& mortgage on your house, yol
8 will not have to report you
) interest payments to the banl
3 or finance company although
8 the interest runs over $40 {
y year.
9 Reporting OF interest pay
i mentS will be required from:
8 Corporations paying interes
y on bonds, notes, etc.. issued il
registered form. While the Law
doesn't now require it, tn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
YuIe Savings Ready
At Columbia Federal

Columbia Federal Savings and
Loan Association will distribute
$388,205 to its 1928 Christmas
Club members on Friday, Pres
ident Clarence E. Kefauver an
nounced today.
New clubs for next Christmas
will be opened on the same
day.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31

Deposits Of the Bank of
Commerce have increased from
around SITS million to more
than $45 million in the seven
years since it moved its main
office to Connecticut avenue
and K street, NV.
This was pointed out today
by President Thomas j. Groom
as the institution celebrated
the anniversary of the opening
of its doors at the new location
on October 81, 1855.
Growth Of the bank during
this seven-year period presents
impressive evidence of the wis
dom of the move" said Presi-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
New Bank Approved
For Baltimore

Preliminary approval to or.
ganize a, new national bank ir
Baltimore, Md, was granted
yesterday by Controller of the
Currency James ]. Saxon.
The new bank will have in.
itial capitalization of So million
and will be operated under the
title National City Bank Of
Baltimore. Bernard Dackmar
of Randallstown, Baltimore
County, is correspondent fol
the organizers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
D. c. Bank cieorings
Reach New Hiohs

Washington bank clearings
in both october and the first
10 months of this year set new
records for those periods, re-
ported William N. Cradlin
clearing house manager, today
october clearings totalec
$803, 1894, 008, a gain Of ~ PEI
cent from $747,091.114 in Oc
tober last year. Ten months
clearings aggregated 1890,
942,857, a gain of 7.8 per cen
from $6,825,901,893 a yea,
earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
METALS

NEW YORK, Oct. al (AP).+Spot
nonferrous metal prices today: Copper
81 cents pound, Connecticut Valley.
Zinz liz cents q pound. East st. Louis.
Tin 1.11N q pound, New York. Foreign
silver 1.21 per troy ounce. New York.
In Pittsburgh scrap steel No. heavy
was quoted today by Iron Age st
90 O0-24. 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31

post by James A. Best, former
district manager for eight
Southeastern States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
Business Lending Logs.
Capital Banks Expand
Real Estote Loans
BY DONALD b. HADLEY
star Financial Editor

While commercial industrial loans have Jagged slightly
in the last year. Washington banks have increased their real
estate and other loans 144 per cent
This was disclosed today in of the condition
of IL Institutions from the Controller of the Currency
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
TREASURY BONDS

NEW YORK ZAP -. Noon over the
bid, asked, net change and yield for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
us I'm
S3,5OO,oOO Y
Duro-Test Corporation
New Issue

Subordinated 51z96 Debentures Series Due 1882
and Warrants to purchase
10000 Shares of Common Stock, l5e Par Valne
offered only in Units consisting principal Dbenrs
Shares Common Stock The Warrants
Stock including September 3d. 1868
thereafter and including September 3d. 1870
share each subject to adjust
will not be separately transferable until after
September 80 will September 80, 1877
Price 81, 900 per Unit
the Dbnures from October 1, 1862
Of be
eGory wbeb Urb Und~wrn qEAfh
sesuiy in veb Be 6"hrSGa
Auchincloss Parker & Redpath
Johnston. Lemon Co. Carl NJ Loeb, Rhoades Co.
Alex. Brown & Sons Hempmll Noyes TO-
Ionelev Co. F.S Smithers Co.
Ferris Company Mackan zoe
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31
MUTUAL FUNDS

NEW YORK (AP) Bid Ask
- National Associa- Inv Resch ~ I9' -
ton Securities Deal Istel "a $g'ez 5,.I %
are InR JO0nStn Ilsoo ll.oo
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-31

Prices quoted in dollars and thirty
seconds.
IT-Partially tax exempt.
WI-When issued.