davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-13
.ySOnS Locker FIant

LEESBURG PIKE, RTE. Z
TYSON'S CORNER, VA. TW. $4,000
CATERING m THE HOME-Party
platters, N, 2. .specialties. Our
decorating Is unique. DE. 2.4626.
CHILD CARRIE my home. Pre-
fenced-in yard. hot lunches, play
mates. VIERs MILL AREA, 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-13
ACCTS..RKKPRS.

MUM HAT
Woodward Bldg. 18th and II NV
Annette D. Tatelma1
RE. 7-4414
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-13

GOOD KnoWIedBe BASIC eIectrlcity;
downtown; permanent; under 36.
ABBEY PERSONNEL, 1888 Eye NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-11-11

ducts Debussy: Prelude to L'Ares-Mid
dun Faune; Bartok Concerto for orche-
stra
q SUNDAY NIGHT MOVIE.
2 Hours. Apache" 1854. Color. Burt
Lancaster.
q ED SULLIVAN SHOW.
Variety. l Hour. Guests: Robert GouIet,
musical comedy star; Phyllis Mcclure,
singer Rowan and Martin, comedy team;
Senior Wences. European comedy ventrilo-
quist; Jerry Shane, comedian, and The
Hugh Lambert Dancers
$50 q CAR 81, WHERE ARE YOU?
Comedy. Toody Joe E. Ross). disguised
as a criminal. wins the confidence of
gang and pretends to mastermind their
operations in the Bronx
900 q THE DANNY KAYE SHOW.
Special. l Hour Color. Starring Danny
Kaye and Lucille Ball.
@ OPEN END.
Public Affairs. Hours "Are Famous
Evening star., 1962-01-06
TODAY'S WEATHER REPORT

= District and vicinity-Drizzle
'sor rain tonight, low near 38.
Cloudy tomorrow, high in the
I! .AOs.
= Maryland - Rain tonight,
lows near 80 in the west to near
40 in the east. Cloudy with snow
flurries in the mountains to-
morrow.
Virginia-Cloudy with rain
with chance of thunderstorms
In the extreme southwest and
occasional heavy rain over
Emueh of the State tonight, lows
IN the 30s in the mountains and
in the 40s along the coast.
,SGloudy with snow flurries in the
.smpuntains and gradually lower
sing temperatures tomorrow.
y lower Potomac and Chesa-
speake Bay-Southerly winds Is
.sto, 25 knots in the south and
hortheasterly at 10 to 20 knots
;Atn the north tonight will be-
come westerly at 20 knots to-
morrow. Rain, drizzle and fog
tonight followed by cloudy
weather tomorrow. Visibility
Evening star., 1962-01-06
Kennedy Son
Walks by Self

PALM BEACH, Fla. Jan. 6
(AP) John F. Kennedy, jr ,
the Presidents l3-month-old
son, has graduated from the
crawling class and taken up
toddling as a means of getting
around.
John walked unaided yester-
day at West Palm Beach after
riding to the airport to see his
father off for Washington.
Mrs. Kennedy, 4-year-old
Caroline and John rode with
the President to the edge of the
airport. Then Mrs. Kennedy
and the children got out of the
presidential car and into an
other automobile. Mrs. Ken
nedy took the wheel for the
trip back to Palm Beach, while
the President went into the
airport for the flight back to
the Capital.
John walked without assist
ance between the two cars.
Evening star., 1962-01-06
KENNEDY
Continued From Page Al

Continued From Page Al
White House desk today for the
first time since December 10
when he flew to Palm Beach
a few hours after his father
suffered a stroke there.
The 73-year-old Joseph P.
Kennedy was reported contin-
uing to improve slowly as the
President paid him a farewell
visit yesterday in st. Mary's
Hospital before flying to Wash
ington.
Mr. Salinger said he expects
the President will return to
Palm Beach for a long week
end at the end of this month,
but doubts he will visit his
father again before then.
Mr.. Salinger also announced
action by the President elevat-
ing from two to three-Star
rank the position of comman-
dant of the Industrial College Of
the Armed Forces in Washing
ton.
Rear Admiral Rufus E. Rose,
the present commandant in a
rotation system among tn e
armed services, was given a
recess appointment for promo
ton to vice admiral.
Evening star., 1962-01-06
By the Associated Press

Storms hurled snow, Sleet and
freezing rain at a broad area in
the North today and lashed Sec
tions of the South with drench-
ing rain and destructive winds.
A tornado hit two rural areas
near Jeffersonville, Ga, early
in the day, toppling trees and
cutting power and telephone
lines. A highway and a rail-
road were blocked briefly by
debris.
Snow, sleet and freezing rain
made driving dangerous in a
storm zone that reached from
Texas to New England.
Drifts ranged up to 6 feet.
The snow measured 10 inches
in Kansas City, Z in St. Joseph,
MO, and Ottumwa, Iowa; 6 in
Olathe and Topeka, Kans.
Freezing rain formed an ice
sheath on much of the north
eastern quarter of the Nation,
slowing travel and causing
accidents by the hundreds.
Much of upstate New York
resembled a freshly waxed floor.
Scores of highway accidents,
many involving two or more
cars, were reported. Three trac-
tor-trailers jackknifed on a hill
near Utica, N. Y, causing a 25-
car tie-up that lasted several
hours.
New Hampshire motorists were
advised to stay off the roads
unless driving was necessary.
Ice formed on much of Michi-
gan and the northern third of
Indiana.
Snow fell on top Of ice on
Chicago's streets.
Fog shut down the Philadel-
phia International Airport for
five hours. Fog and ice ground
ed all planes in Rochester, NY.
Thunderstorms broke out over
northern Florida, the Carolinas
and Georgia. Macon, Ga, was
Evening star., 1962-01-06
Airline Seekino
ToCut Baltimore
From Its System
By the Associat ted Press

Northwest Airlines has asked
the Civil Aeronautics Board to
eliminate Baltimore from its
system.
That would make Washing
ton the eastern terminal on
NorthWest's route between this
area and Pittsburgh, Cleveland
Detroit. Milwaukee and other
cities westward to Portland and
Seattle.
Northwest has two other
routes in the Eastern part of
the country between New York
and Chicago by way of Detroit
and between Chicago and
Miami.
A spokesman for Northwest
said the application yesterday
for elimination of Baltimore
from Northwest's certificate
would not necessarily involve
elimination of service to Friend
ship International Airport
WHICH serves both Baltimore
anG Washington.
He said it is likely tha
should Baltimore be deleted as
requested, service would con-
tinue at Friendship pending
completion of Dulles Interna-
tional Airport near Chantilly,
Va.
Evening star., 1962-01-06
Dark and Gloomy
Week End Seen

The Washington area is in for
a dark and gloomy week end
with about an inch of rain.
The word dark" infrequent-
ly used in forecasts, brought the
Weather Bureau a Well-lighted
switchboard this morning. Peo-
pie kept calling up wanting to
know what dark" means.
1t means low-hanging clouds
and a fairly steady rain will
probably require people to keep
their light fixtures burning to-
day, one forecaster said.
Warm air aloft saved the
area from any threat of snow
or ice and the rain is likely to
end sometime during the night.
However, the rain was turning
to ice as it fell near Leesburg.
Evening star., 1962-01-06

said he thinks the Presidents S
visit is primarily out of per-
sonal friendship and efforts to
give it extensive political over
tones are not based on the fact.
Early Kennedy Supporter
The Ohio Governor was one
of the first big State leaders
to throw his support behind the
then Massachusetts, Senator in
Mr.. Kennedy's campaign for
the presidency. However, the
State voted for Richard M.
Nixon in the election.
The three visiting governors
will be Matthew Welsh of In
diana, Bert Combs of Kentucky
and David Lawrence of Penn
Sylvania.
Evening star., 1962-01-06

convicted of numerous stock
manipulations.
According to Mr.. Reilly, the
report said, he knew nothing
about the transaction until
after it had been consummated
and on learning of the pur-
chase he Immediately sold the
stock at a profit of approxi-
mately $4,000.
Apparently the only spe-
cific disciplinary action taken
against Gilligan in the last &c
years, said the report, was a
five-day suspension from the
National Association of Securi-
ties Dealers which the SEC
Imposed. The penalty, however,
was hardly a deterrent to fu-
ture violations because it had
no effect on him financially
and a specialist is not depend
ent on NASD membership for
his livelihood, the report noted.
"The entire pattern of activ-
tiles conducted by Gilligan, Will
was so clearly contrary to the
functions of a specialist as set
forth in the statute and the
rules of the exchange that the
exchange might have been ex-
pected to act promptly in put
ting a halt to them" the re-
port commented. "It would ap-
pear, however, that Gilligan was
immune from disciplinary ac-
ton by the exchange"
Numerous Instances
Similar instances of immunity
are studded through the report.
The Committee on Floor
Transactions, the report found,
Evening star., 1962-01-06
Kennedy Flying to Ohio
For Disable Birthday

COLUMBUS, Ohio, Jan. 6
(AP) President Kennedy flies
here late today to take part
in one of the gaudiest birth
day celebrations the State has
seen in years.
The Presidents brief stay
approximately four hours -os-
tensibly will be to honor Ohio
Gov. Michael v. DiSalle's 54th
birthday at $100-a-plate din
ner.
The big rally at the Ohio
fairgrounds is expected also to
attract the Governors of three
neighboring States, members of
the Democratic National Com
mittee and some 5000 other
persons.
Political Tempest
Mr.. Kennedy will fly into a
political tempest here. Gov.
Disable has been under pres
sure to retract a declaration
he made October 20 that he
would not seek reelection.
A considerable number of
political observers now say the
Governor is awaiting word
from the President concerning
possible appointment to a post
in Washington maybe even a
cabinet position.
Gov. Disable, however, has
Evening star., 1962-01-06

has been anything but jealous
in exercising its disciplinary
powers and duties over fellow
members, and, in particular,
against those members who are
specialists" The committee
chairman and all but one of its
members are specialists them
selves.
From March, 1857, to Decem-
ber, 1859, the committee took
no disciplinary action against
a specialist although the COM
mittee's minutes show that spe-
cialists were repeatedly called
before it to explain questionable
transactions, the report said
In other cases. the report
added, the committee has found
members guilty of charges
brought against them but failed
to penalize them in any effec-
tive way and treated repeated
violators no more strictly than
first offenders.
The exchange the report
added, has also failed signally
to discipline floor traders or
professional spectators for vio-
lations of exchange rules.
When disciplinary action is
taken by exchange officials
the report complained, it is
made even less effective by the
failure to disclose the action
to the public. While official
policy of the exchange is to
make all disciplinary actions
public except those in which
the public interest is not af-
fected, the report found, as a
matter of practice exchange
officials take the position in
almost every case that the
public interest is not affected
and that no published dis
closure should be made.
The report cited the Re case
as an example of the EXCHANGES
"complacency" and gave that
as one of the principal reasons
why the Res activities were
able to escape detection and
adequate discipline until the
SEC moved in.
In addition to criticizing the
election setup in which the
same men have maintained
control for 10 years, the report
noted that the three members
OF the board who are supposed
to represent the public rarely
attend meetings and their in
fluence on the government Of
the exchange has been mil"
Despite their continued absence
from meetings, they have been
reappointed year after year,
the report said.
Mr.. Cohen, director of the
special study of securities
markets, who faced a roomfui
Of newsmen to answer ques-
tions on the report, was asked
how the public was affected
by the conduct noted in the
report. He replied that the
public is hurt when a quasi
public institution has some
thing in its setup which keeps
it from being a fair and orderly
market.
Evening star., 1962-01-06
American
Exchanges
GrowthCited

NEW YORK, Jan. 6(AP)-
The American Stock Exchange
has been the fastest growing
securities market in the United
States.
While still a little brother to
the New York Stock Exchange
its trading volume one day this
year exceeded that of the Big
Board. Its present trading
volume in dollar terms exceeds
Sc billion a year.
The Asses volume for 1861
scared to an all-time high of
488, ,037 shares, up 2 per
cent from the 1929 total of
479,140,375.
Its growth in stock listings
was swift, too-too swift, &C
cording to criticism from some
segments of the Wall Street
financial community.
In 1861 its listings reached
1000 for the first time in 20
years when l13 stocks and war
rants and II bond issues were
approved by the board of gov
ernors for original listing.
Much of the growth came
during the 10-year admirlistra-
tion of Edward T. Mccormick
known on Wall Street as "Smil-
ing Ted"
Mr.. Mccormick came to the
Asses $75,000-a-year presidency
in 1851 after serving as a Secu-
rites and Exchange Commits
sion member.
He resigned last December II
after being under rising pres
sure since a scandal involving
two specialists, Jerry and
Gerard Re, broke last MAY.
There had also been charges of
laXity in administration.
Evening star., 1962-01-06

Smith, 4E2-year-old grandson,
have sung and talked to Grand
pa. Caroline has climbed on
his bed to carry on an excited
chatter. The blond, curly
haired tot slips under a screen
between the Kennedy suite and
other rooms on the third floor
and scoots about the corridor
waving to other visitors and
patients.
Her grandfather takes a nap
both morning and afternoon.
He has been watching football
games on TV, operating the set
himself by remote control. He
also is enjoying his favorite
records.
Six nurses are on duty-tWo
on each shift. One brought
him breakfast yesterday and
he refused to eat. When they
were unable to persuade him,
Sister Mary Matthews. the hos
pital dietician. told him she
prepared the meal and he would
have to eat it. He seemed to
relish the eggs and toast.
Many Letters Received
Scores of letters reach the
hospital daily from we'll
wishers. Several have come
from doctors who have recon-
mended methods of treatment.
White-clad sisters go about
their duties with pleasant smiles
despite the upset in the routine
caused by numerous visitors.
The sisters, bent on giving re-
porterS a present a few days
ago, sent a box to the hospital
chapel where the President was
attending mass.
Secret Service agents inter-
cepted the box. 1t was turned
over to the reporters later.
Each man got a rosary.
Evening star., 1962-01-06

Mary'S Hospital suite OF Jo-
seph P. Kennedy were given
yesterday by members of the
hospital staff.
The 73-year-old sire of the
Kennedy clan has been cheered
by the daily visits of his Presi-
dent-son. who returned to
Washington yesterday. On one
of his recent calls, the Presi-
dent read aloud from news
papers and a book, title un-
known to reporters informants.
Condition Improved
While paralysis still affects
the right arm, leg and voice Of
the patient, hospital spokesmen
said his general condition has
improved considerably since a
blood clot on the brain caused a
stroke on December 19.
The former Ambassador to
Great Britain is alert and COM
municates with his family and
nurses by a nod of the head or
a gesture with his left hand.
Color has returned to his
cheeks.
For the past five days he has
been eating and for the past
three days he has enjoyed
wheelchair trips along a corri-
dor past rooms occupied by
eight other patients.
One of yesterdays visitors,
Judge Francis T. Morrissey of
Boston, said the patient may
be taken to his oceanside Palm
Beach home next week.
Four-year-old Caroline,
daughter of the President, and
other grandchildren have
frightened the hospital suite
since the improvement in the
grandfather's condition made
it possible to admit the children
to the Sickroom.
Both Caroline and Stephen
Evening star., 1962-01-06
MucmiIIun's Cold
Won't Delay Talks

LONDON, Jan. 6 (AP).-
Prime Minister Macmillan was
in bed with a bad cold today
but aides said he is expected
to be we'll enough to go to
Bonn next week for talks with
West German Chancellor Kon-
rad Adenauer.
The talks will be held Tues
day. Mr. Macmillan intends to
return home Tuesday night.
Evening star., 1962-01-06

Edward P. Mccormick, who re-
signed as exchange president
last month, purchased shares in
several securities which were
then or later traded at Gilli-
gan's post. Also, the report said,
Michael E. Mooney, who re-
signed as general counsel when
Mr. Mccormick stepped out,
acquired $4,000 in debentures
as a favor from Gilligan.
Mr.. Dyer, chairman of the
committee on finance and one
of the quartet named oy the
report as the dominant group
of the Exchange, had his
specialist account financed by
IGilligan and Mr.. Booklet, an
other of the controlling quartet
cleared his specialist account
through Gilligan.
The report particularly
noted a transaction between
Gilligan and Mr.. Reilly,
chairman of the exchanges
board of governors who took
over as president pro tenn when
Mr.. Mccormick stepped out.
II Put in Account
In January, 1859, the report
said, Gilligan placed in Mr..
Reilly's account 4,700 shares
Of Guild Films stock which was
part of a block of unregistered
stock which Gilligan had &C
quired over the counter indi-
rectly from a company con-
trolled by Alexander L. Gutter
ma, the one-time Wall Street
wonder now serving a prison
term for SEC infractions and
Evening star., 1962-01-06
Khrushchev Over
Flu: Back at Work

MOSCOW, Jan. 6 (AP) "A
government spokesman said to-
day that Premier Khrushchev
recovered swiftly from an at
tack of grippe and is back at
work.
There was no word on
whether he will make his sched-
uled trip to Byelorussia next
week which he had planned to
meet Polish Communist Chief
Wladislaw Gomulka for a hunt
ing trip.
Evening star., 1962-01-06
Snow, SIeet, Tornodoes
Stoqqer Much of u. S.

drenched by 1866 inches of rain
in six hours.
A twister hit Crestview, Fla,
yesterday, injuring about So
persons and leaving an esti-
mated $500 homeless.
Evening star., 1962-01-06
STOCKS
STOCKS
SEC Report Accuses Annex
Of a Lack of Standards, Controls
Continued From Page Al

Continued From Page Al
chairman of the Floors Trans
actions Committee. The last
three all are specialists.
The report focused on one
firm of specialists, in pin
pointing the abuses on the ex-
change. A specialist is the
man in charge of floor trading
in a particular stock. 1t is his
responsibility to quote a market
IN all stocks in which he spe-
cializes and to prevent too wide
a spread between the public
bid and the offer. The report
concluded that any program of
reform must concentrate heavily
on the dominant role of the
specialist.
The report found little doubt
that the American Stock Ex-
change has failed to regulate
itself in the public interest as
Congress envisioned.
Prolonged Abuses
"The manifold and prolonged
abuses by specialists and floor
traders and other instances of
misconduct described in this
report" the SEC was told,
makes it clear that the prob
lem goes beyond isolated viola
tions and amounts to a general
deficiency of standards and a
fundamental failure of con-
trolls"
: The investigators said the
problem was not an absence of
rules but a failure of surveil-
lance and enforcement.
Il The report gave these basic
causes for the manifest fall
'ure" of the American Stock
Exchange to regulate itself:
81 l. The failure of an important
segment of the financial COM
munity to share the RESPONSE
-bility for self-policing of the
exchange.
2. The resulting concentration
of power in the hands of a
small, self-perpetuating group
dominated by specialists.
:. 3. The emphasis on enlarging
,the market through new listings
ION the exchange rather than
, on the functioning Of the mar
ket.
&, 4. The delegation of response
..bility for supervising floor con-
duct to a committee composed
largely of specialists.
, 5. The lack of adequate staff
organization and the failure to
grant adequate authority to
staff members.
: The specialist whose activities
-ivere underscored in more than
B third of the 127-page report
was the firm of Gilligan, Will
Il Co. It was singled out, the
report said, because it ap-
peared to be one of the most
Important and influential spe-
cialist firms on the exchange
end because its activities exem-
plify several important problem
areas relating to exchange spe-
rcialists. The firm was not
chosen as a typical one, the
report said, but some of its
activities are not unique.
1. Facts Come to Light
!; After a lengthy review of the
firms operations, the report
;6aid:
!. 1.-THE exchange cannot claim
/. to have been unaware of the
nature of the Gilligan, Will
operation, since on numerous
occasions, facts came to light
which, if investigated would
have disclosed the manner III
which Gilligan was conducting
his activities"
I In some of these activities,
the report especially noted the
firms transactions with the
controlling officials of the ex-
,change. The report said that
y
Evening star., 1962-01-06
Kennedy Kept Father
Posted on News Events

WEST PALM BEACH, Fla Jan. 6 (AP). - President
Kennedy while here kept his stricken father posted
rent events by reading newspapers to him.
And 4-year-od charmer. has been doing her bit by
singing to grandpa and helping his wheechar up and
down hospital corridor.
These nsights into what has been happening the St
Evening star., 1962-01-06

The Securities and Exchange Commission
yesterday named Joseph F. Reilly James r.
Dyer, Charles J. Booklet and John J. Mann
as four men who constitute an oligarchy
dominating the American Stock Exchange
-AP WirephOtOs.
Evening star., 1962-01-06

mostly l mile or less in the
north and l to 5 miles in the
south improving to 10 miles
tomorrow.
River Report
Potomac River cloudy at Harper's S
Ferry and clear at Great Falls. Shen-
andoah cloudy at Harper's Ferry.
Temperatures for Yesterday
Midnight ---- q Noon ------ 81
5s.m. am. - 8 g sD.n3. sD.m. - $2 s9
Record Temperatures for the Year
Highest, 81. on January 4.
Lowest, 25. on January 2.
Tide Tables
FURNISHED by the U. S. Coast and
Geodetic Survey
High - TGfrs 4:si am. TS@9TFGT s:aS %
Low ------ 300 am. 9:57 am.
High ------- d:59 pm. S:4S pm.
For high and low 'ides at the fol.
lowing points subtract times indicated
.'U XnnapoiiS' zap hS'VS Sh hours; Bloody Point
Light. 4a hours; Colonial Beach, 8
Island, 6ha hours; Point Lookout,
ia hours.
The Sun and the Moon
Rises Sets
Sun. today 7:27am. sol pm.
Moon today - 7:l9 am. 5:2S pm.
Automobile lights must be turned
on one-half hour after sunset.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1962-06-28
REAL ESTATE
3-BEDROOM RANCH
DrostieolIy Reduced
Under Bank ApproisuI

CHuDREN's HAVEN: Born red,
white trimmed ronch. fullY.
fenced on deud-end street. Lot
sox23e: fully lundscoped with
shude trees ond Towering
shrubs. Full basement. Glussed-
screened l4xl4 breezewoy. lUge
Econ qu1oqe. One mile from
shopping center und FreewoY
access. Wolkinq distance TO
elementary school. Oh Route 20;
3 miles west OF Pdinesvills City.
Owner moved. must sell. Asking
Sla,90o. Coll Wymon ReultY.
FL. 1884 OF Al Henderson.
FL. 2-l397.
The Robbins eagle. (Robbins, Ill.) 1951-1963, 1962-03-17
Page 3
THE ROBBINS EAGLE
Saturday, March II, 1862
News From
Mount Calvary.

The deacons and trustees
will be sponsoring one of the
most outstanding programs OF
the year this Sunday, March
18, 1862 at 700 O'Clock pm.
Visitors and friends will YOU
come? You are welcome The
doors of Mount Calvary al
ways swing on the hinges of
welcome!
To all choir member
Our pastor asks that you
please be on time each Sunday
morning (10:45) so that we
may assemble to sing and pray
before take the choir stand.
All choir members must march
together to the stand, SO please
he on time. II God blessed
you and kept you six days to
go on the job ON time, give
God the Sabbath day and be
on time just one day week,
members.