davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-05-23
MedicareFoes
Get " Time

NEW YORK, May % (AP).-
All three major television net
works which gave free time for
President Kennedy's medicare
speech are giving opponents a
chance to air their views free
on programs this Sunday.
The programs all differ In
format, but all will be of panel
or discussion nature in which
varying views on medical care
for the aged will be presented.
The three networks had re-
Jected requests by the Amer
icarr Medical Association for
straight free time to counter
Mr.. Kennedy's espousal Sunday
OF medical care for the aged
through Social Security.
The association then bought
a half hour Of television time
from the National Broadcasting
Co. for $4,000 to register a
rebuttal last Monday.
Why did the networks give
free time to Mr.. Kennedy and
not equal free time to the
association?
Stand Explained
NBC said the Kennedy speech
was carried free because it was
a major public event involv-
ing the President of the United
States" The implication was
that a reply by the private or
ganization did not fall into this
category.
The American Broadcasting
Co. took this position-that
Mr.. Kennedy stated the case
for the administrations King
Anderson bill, but that there
are three opposing views, not
only the one represented by the
ANA.
1t therefore has scheduled a
program to reflect not only the
outright opposition to the King
Anderson measure, but argu-
ments in favor of two other
medicare bills before Congress.
Speakers on the ABC-Tv pro-
gram, Issues and Answers,
will be Senator Tower, Repub-
lican Of Texas, an opponent Of |
the administration plan; Re-
resentative Bow, Republican of |
Ohio. sponsor of q medicare
bill backed by the Republican
National Committee, and Sen
ator Javits, Republican of New
York, author Of a compromise
bill.
Speaker Bows Out
DR.. Edward r. Annis, who
presented the ANA case on the
paid NBC program Monday,
originally had been scheduled
to appear on the ABC program.
An ABC spokesman quoted DR..
Annis as saying later he did not
wish to be associated on a pro-
gram with the Javits or Bow
bills, and it was arranged for
Senator Tower to substitute for
him.
DR.. AnniS will be the guest
Sunday on the NBC Meet the
Press" program.
CHS will present pro and con
views on the administration
measure in a program entitled
III. r. 4222: Hope or Hoax?"
H. r. 1922 is the number of the
King-Anderson bill.
Welfare Secretary Ribicoff
will give the administration view
and Representative Thomas B.
Curtis, Republican of Missouri,
will speak against the measure.
The American Civil Liberties
Union said earlier free time
should have been granted to the
medical association to reply to
Mr.. Kennedy.
Meanwhile. the chairman of
the Madison Square Garden
rally at which Mr.. Kennedy
spoke offered to open the books
Of his organization to the ANA
and challenged the ANA to do
the same in return.
The offer came from David
Sullivan, vice chairman of the
Golden Ring Council of Senior
Citizens.
An ANA spokesman referred
in the associations telecast re-
ply to Mr.. Kennedy that funds,
from somewhere, the public
isn't told where" were being
used to manipulate the public
mind"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
zoneCnevro|et
Deliveries Soar
Above 1851

Chevrolet dealers in the
Washington Baltimore zone
have delivered 21,208 new
passenger cars since the start
of the 1862 model year October
/. a jump of 44.5 per cent from
a year ago.
This was announced here to-
day by Semon E. Knudsen, gen.
eral manager of the Chevrolet
Motor Division of General
Motors Corp.
Mr.. Knudsen said truck sales
in the zone have totaled 2,249,
a jump of 49, per cent from a
year ago.
On a national basis, Chew
rolet passenger car sales are
running rs per cent above a
year ago, while truck sales are
up % per cent. he declared.
Addressing dealers at the
Sheraton Park Hotel, Mr..
Knudsen said his company ex-
poets 1862 will prove to be a
very strong year for the auto
industry. He predicted Chew
rolet dealers nationally will
retail about 100000 cars and
1865 900 trucks to set a new all
time record.
For the industry as a whole,
the Chevrolet executive pre-
dicted 1862 sales of 7 million
or more cars and about l mil
lion trucks. This would be Is
per cent ahead of 6,755,000 cars
and trucks sold in 1861 and
only slightly behind 8,127,000
vehicles sold in record-breaking
1855.
Mr.. Knudsen said general
strength of the economy and
public confidence and willing
ness to spend more freely for
hard goods had spurred auto
demand. The industry also is
offering the widest variety of
products and prices in history,
he said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
Home Heating Oil
Price Cut SLIGHTLY

The price of home heating
oil has been reduced in this
area by the ESQ Standard
Division of the Humble Oil g.
Refining Co.
Effective yesterday in the
District and adjacent areas, as
well as other portions of Vir-
GINA and Maryland, the COM
pany dropped the price of No. 2
heating oil from 15.7 to 1874
cents per gallon. Kerosene and
diesel fuel prices also were cut
three tenths of a cent each.
A company spokesman said
the reduction reflected COM
petitive market conditions
caused by weather, inventories
and availability of products in
the primary Gulf Coast mar
kets.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
Expansion Continues
In lime Deposits

Time deposits of Washing
toms three largest banks ex-
tended their advance in the
week ended February 81 and
were $20,266, 900 or nearly Z
per cent higher than at the
start of the year when interest
rates on savings accounts were
raised.
Time deposits of Riggs Ma
tional, American Security and
National Bank of Washington
amounted to $327,273,00O on
February 81, compared with
$324,954,000 a week earlier and
1907, 100000 on December q,
1861.
Demand deposits totaled
1896, 253,000 on February 81,
compared with $892,329,OO0 a
week earlier and $911,722, 900
on December 81.
Gross loans of the three in
stitutions aggregated $500, $780,
900 on February 81, compared
with 02,551 900 a week earlier
and $634,878,000 at the end of
December.
Commercial and industrial
loans totaled $145,756,000 VS..
$145,136,000 a week earlier and
$153, 135,000 on December 81.
Real estate loans totaled Sta
432 900 VS.. $172.322,000 a week
earlier and 6,368,000 on De.
cember q.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
C&P Investment
TOPS 5000 Million

Chesapeake 81 Potomac Tele-
phone Co. listed total plant in
service amounting to $780,
377,000 on January 81, a new
all-tirhe record and 1923 mil
lion above the same 1861 date.
= Company directors in Janu-
airy approved additional expen-
diturees of $1.6 million for
plant additions and improve
ments..
January net income was
$679, 900 VS.. 1929 900 in January
last year, while the months
revenues totaled $6,156,OO0 VS..
$5.827,000. Net for IL months
ended January 81 was $9,119,-
600 VS.. $8.771, 900 in the previ-
Gus II months Revenues of
the IL months rose to $72,862,-
900 from $68,265, 900.
The company had 1858
telephones in service on Janu-
airy 81, compared with 644,446
on the same 1861 date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
Earnings

International Harvester in 3
m o n t his en- d e d January 81
earned $7.2O8,000 or Al cents a
share VS.. $4,000 in 1861 period.
ACT Industries, Inc. in 8
months ended January 81
earned $4,O32,O00 or $3.50 a
share VS.. $4,284,00o or $500 in
1861 period.
Glen Alden Corp. in year
ended December 81 earned So
037 900 VS.. a loss of $1,047,349
in 1860.
Ampex Corp. in 9 months
ended January 81 earned ST.
311, 900 or II cents a share VS..
a loss of $1,303,000 in 1861
period.
Spalding & Bros. in year
ended January 81 earned ST.
076, 900 or SLOT a share VS.. ST.
10000 or $1.16 in 1861.
Botany Industries in 6
months ended December 81
earned $l,476,000 or 80 cents
a share.
Plymouth Oil Co. in year
ended December 81 had a loss
of $566,014 VS.. a loss of ST.
678, 1897 in 1860.
Consolidated Freightways in
year ended December 81 earned
$260,000 or 10 cents a share VS..
a loss of $2,674,507 in 1860.
Other earnings included:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
Wage Boost,
Higher Prices
Seen for Steel

NEW YORK, Feb. % (AP).-
A steel industry publication es-
timated today that a steel labor
settlement probably will cost
the industry 10 to II cents per
man-hour q year in total wage
costs.
Such a contract could be
followed by an increase in the
price of Steel" said Iron Age
Magazine. This increase will
be between $3.50 and 81 a ton."
the magazine added.
Iron Age said job security
measures probably will absorb
more than half of the total cost
of the package.
Preliminary talks between
the steel companies and labor
leaders are under way in Pitts
burgh. The current contract
expires June 80.
Talk of higher steel prices is
likely to set off a new wave of
hedge buying. Iron Age added.
The magazine said that a 10
to-11-cent settlement will be
difficult to arrange because
many steel executives are con-
vinced steel prices should not
be raised.
The reluctance to raise prices
is based on the opposition of
the Kennedy administration to
any increase and threats of
lower priced imports and COM
peting materials, the magazine
said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
Baker Nicholson
Joins American
National Bank

A. Baker Nicholson has re-
signed as vice president OF
American Security g. Trust Co.
to become vice president OF
American National Bank in
Silver Spring, Md, it was an
nounced today.
The well-knoWn Washington
banker will assume his duties
with the Maryland institution
tomorrow as top commercial
loan officer.
President Warren H. Lasher,
president of American National,
said Mr.. Nicholson's long ex-
perience in this field will be of
great value to the Silver Spring
bank. which has grown rapidly
in recent years.
A native of Dickerson in
Montgomery County, Md, Mr..
Nicholson was a vice president
of National Metropolitan Bank
when that institution was
merged with American Security
in 1858.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
CHICAGO
LIVESTOCK

CHICAGO. Feb. % (AP) -UsDA)-
Hogs. $500; slow, Butchers opened
steady, closed weak to 25 lower; sows
steady to strong, instances 25 higher;
fair shipping demand; mostly 1-2 $780,
225- ID. butchers 6.75-17.OO, around
200 head at 1900; mixed 1-3 10000
1850; mixed 1-3 230-2S0 lbs. 1915
1925; 2-3 250-300 lbs. 15.5O-16.0 90;
300-325 lbs. 15.00-15.50; mixed 1-3
325-400 lb. sows 14.50-15.0O; 400
800 lbs. 13.3514.50.
Cattle. 10000; calves none: trading
moderately active. slaughter steers and
beifers steady to 25 higher, spots so
higher; other classes steady; load
prime 1894 lb. slaughter steers 5000:
high choice and prime 1,20O-1 400 lbs.
%. 75-29.75; several loads at 1915;
bulk choice 950-1 400 lbs. 2625-2S.5O:
load lots mixed good and choice 1850
$500; GOOD largely 22.50-25.25; few
utility and standard 19.00-22 25; load
high choice and prime 1000 lb. heifers
$500; load mixed choice and prime
27.s5; bulk choice 25.50-27.0o; good
22 .O0-25.25: utility and commercial
cows 14.50-17.00; Gamers and cutters
13.50-16.50; utility and commercial
bulls 1900-21 so; standard and good
vealers 100000. 90; good and choice
cool 900 Id. feeder steers 23.O0-
"a 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28

losing 100000 annually. He
said the ICC also suspended a
rates schedule on which the
BIO and other roads could
make a profit from certain
traffic, because truck interests
had protested to the commits
sion they would be injured by
the resulting railroad COMPETE
ton.
Mr. Langdon and other east
ern railroad officials addressed
a Rockville, Md, luncheon
which ended a two-day, whistle
stop tour of 10 Maryland and
West Virginia cities to enlist
public support for changes in
national transportation policy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
Symington Wayne
REGISTERS Offerinq

Symington Wayne Corp. of
Salisbury, Md, has filed a
registration statement with the
Securities and Exchange Com
mission covering a proposed
$5,O05,700 offering of deben-
lures to common stockholders
and warrant holders.
1t is planned to offer the
issue for subscription at the
rate of 500 of debentures for
each SO common shares or war
rants, held. Unsubscribed de-
bentures are to be taken by I'M
derWriters headed by Paine,
Weber, Jackson & Curtis of
New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
Arlington to Get
New Schyufft's Unit

A new Schrafft's Restaurant
will open in the Park Arlington
Motel in mid-March, it was
announced by Raymond Marley
assistant personnel director of
Frank G. Shattuck Co., who is
here to organize a staff for the
new establishment.
The Park Arlington Schrafft's
will be the chains first restau-
rant in Virginia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
Capital CIeorings
Set New Records

Washington bank clearings
in February and the first two
months of this year set new
all time records for those
periods.
William N. Cradlin, clearing
house manager, reported Feb
ruary clearings of $635,717,543
were up 10 per cent from $685.
341 500 in February last year.
Two months clearings totaled
81 ,408, $685. a gain of Is per
cent from $1,220,214,621 in the
same 1861 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28

flee at 1926 Connecticut avenue
NV. early this spring, Presi-
dent Edward K. Jones an
nounced.
The new office across from
the Mayflower Hotel will offer
all association services and will
serve a rapidly growing down.
town section.
Founded in 1882, Interstate
has assets of more than SOB
million.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
to Lead
Invest America
&. Week Again

George M. Ferris, ST., senior
partner of Ferris and Co., men,
bers of the New York Stock Elk
change, and a Washington
based firm, again this year will
act as chairman OF the Invest
in America Week Committee in
the Washington area.
Invest in America Week, to
be observed locally and in 100
cities across the Nation April
I 3O-May 6, is sponsored here
by the Metropolitan Washing
ton Board of Trade and the
Investment Bankers Associa-
ton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
B&O Chief Scores
New ICC Decisions

4 Two rulings issued today by
the Interstate Commerce Com
mission were cited quickly by
Presiden tJarvisLa ngdon, jr.,
of the Baltimore g. Ohio Rail-
road as typical examples of the
restriction hampering efforts of
the railroads to improve their
financial position.
I. He pointed to an ICC order
suspending the BIOS request
to discontinue a passenger
train service on which it is
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
METALS

NEW YORK. Feb. 2S (AP).-Spot
nonferrous metal prices today: Copper,
81 cents pound, Connecticut Valley,
Lead, ga cents a pound, New York
Zinc, II cents pound, East st. Louis
Tin, 1:21A pound, New York. For
eign silver. Ola per troy ounce, New
York Pittsburgh scrap steel No. |
heavy was quoted by Iron Age at
36.00-37.OO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28

society OF investment Analysis
at the Metropolitan Club.
Per share earnings after
taxes were las per cent above
a year ago, Mr.. Dunn pointed
out.
Sales in the six months rose
to $28.872,000, with a gain Of
IS per cent from $27,ll0,000 a
year earlier.
For IL months ended Janu-
airy 81, Mr.. Dunn said, sales
aggregated $40, sos. 900, up Sc
per cent from $46. 453,000 in
the preceding II months. Net
income for the IL months was
81, 703, 900 or $3.42 a share after
taxes, compared with $1,411 900
or $2.85 share in the previous
period.
Holders To Get Report
These unaudited interim fig
ures, which are subject to ad-
justment, are contained in a
report, which will be mailed out
to stockholders within the next
few days, Mr.. Dunn said. They
show substantial progress from
the last fiscal year when both
sales and net income set new
records, he said.
Book value of Garfinckel
stock stood at $30.33 a share
on the company's records as
of January 81, but Mr.. Dunn
said it was his opinion that the
total, If computed on actual
market values, would be around
SAT a share and under certain
circumstances might be sub
stantially above this.
If the company has a spring
season as good as last year, net
income for the fiscal year ended
July 81 should reach 1923 a
share and if the spring season
equals very good 1859 levels, net
for the year could reach $685.
a share, he declared. The years
net probably will range between
$3.50 and $685. a share, he said.
IS a Share Predicted
e Mr.. Dunn pointed to a recent
brokerage study of the company
shat predicted that upon COM
spletion of present expansion
plans. net income should reach
IS a share by the mid-196Os.
He indicated this was a very
sound prediction in his opinion.
! Garfinckeps has been reduc-
ing its indebtedness steadily
land has benefited from rela-
lively low interest rates on the
present balance, he said.
, High quality and loyal per-
fsonnel, combined with high
quality merchandise, have con-
.tributed greatly to success of
'the company and its three divi-
ssions, Garfinckel's, DePinna
and Brooks Brothers, he de-
,clared. Customer reaction to
lstore policies has been excellent
and few complaints. have been
received, he added. - &"
- After an unfavorable stock
holder reaction to a lower cash
dividend combined with a 8 per
cent stock dividend in 1860, it
returned to a cash dividend
policy of $3.50 a share and
plans to remain on a cash pay
ment basis, he said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
GorfinckeI's Nets $2.86
A Share in 6 Months,
increase Of AS Pct.
BY DONALD b. HADLEY
Star Financial Editor

Net earnings of julius Garfincke & Co. to
$286 share in six months ended January 81 after
taxes compared with $l225oOo $3.50 share in the like
period year earlier.
This disclosed last night by Richard president
and board chairman in address before the Washington
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
BUSINESS
BRIEFS
Electric Power Production ir

Electric Power Production in
the week ended February "a
totaled $4,000 kilowatt hours
compared with 16,270,000 in the
previous week but was 11.2 per
cent above the like week a year
ago.-Edison Electric Institute.
Wholesale Food Index, based
on the cost of a pound each of
81 foods in general use, this
week declined slightly to $3.50
and was down $3.50 from the
like week a year ago.-Dun &
Bradstreet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
OVER COUNTER

Following prices furnished by the Ma
ti0nal Association of Securities Dealers in
Washington represent the range within
which locally active securities could have
been bought or sold att ! pm. Wednes-
day, February. 20, 1862:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
Interstate Plans
Midtown Office

Interstate Building Associa-
ton plans to open its fifth Of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28

ANY MAKE OR MODEL
st-h
'62 CAR:

Hundreds Of Professional Men.
Executives. Trade Associations.
Banks. Building and Loans, lnsur-
snee. R & D Firms are LEASING
Cars and Trucks. =
ADVANTAGES Il
. Frees cash . One or a fleet
. Aids cash flow ~
. 1907 Dedue+ibIe
. No depreciation disputes
No trade.in gamble
. No capital investment r.
. Budestins simplified =
. Repairs. tags, ms. included III
Call ME $3.50 ~ 4
CAR LEASING, INC,
lo25 CONN. AVE-, NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28
TREASURY BONDS

NEW YORK (AP)-Noon over the coun-
ter U. S. Government Treasury bonds,
bid, asked, net change and yield for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-28

T-Partially tax exempt.
wi When issued.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1962-05-17
Prospect Art Project
.Dru1Us' Much Interest

them-sunlight, for instance, or
water and notice how the plants
begin to sicken and die. They
have found out from cutting in
to plants such as carrots how
the plant uses itself up to pro-
vide food for the top part; and
they have learned how differ
ent kinds of plants produce new
plants in different ways, by
seeds, spores, stems or bulbs.
Flowers are plants, too; and
they are so beautiful that many
Mayfair students are growing
them for planting on the
grounds of the school. The chill
dren are taking an interest in
the appearance of their building,
and are doing their share in the
community's effort to clean up
and fix up for spring.
Miss Grace Conaway's fourth
grade pupils have been especial
ly Industrious in growing plants
and learning facts about them.
They have proved the impor-
tance of sunlight, air, water
and food to growing things, and
have learned by experiments the
facts that their science book
has bn telling thm.
= 4
Reconstruct
Log Cabin Era
On a recent visit to the Wes-
tern Reserve Historical Soci-
ety's museum, the third grad
ers in Mrs. Gael Tiderman's
room at Superior School we're
much impressed by the dioramas
showing scenes from the early
life of pioneers in northeastern
Ohio. They resolved to make
some three-dimensional recon-
structions of log cabin life of
tehir own, and the results are
now on display at the school.
The boys and girls were es-
pecially interested in the CO.
operative activities of the early
Ohio settlers, such as house
raisings, which could not be
performed by one family on its
own. Many of their miniature
dioramas depict this bustling
activity, showing how many
men worked together to raise
the log frames into place to pro-
vide shelter for one of their
number.
Other scenes which the chill
dren made included a family at
supper in their cabin, making a
canoe from a followed log,
drawing water from a stream,
and shooting a deer for veni-
son. The fact that everything
had to be done by the people
for themselves, with no stores
to go to buy things, seems to
have impressed the children a
great deal; for most of their
pictures emphasize the amount
Of work required to stay alive,
let alone get anything else ac-
complished in those primitive
surroundings.
Chambers Pupils
Look Back
Since the school year is now
eleven-twelfths over, the time is
drawing near for winding things
up. As a sort of backward look
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1962-05-17
Chambers Pupils
Look Back

LOOK DdCk
Since the school year is now
eleven-twelfths over, the time is
drawing near for winding things
up. As a sort of backward look
over the year, the various rooms
at Chambers School have as
sembled a catch-all collection
of students creations, not all
Of them are objects by any
means, with which they have
made a hall display that doesn't
have a really good name.
Three groupings of items, by
pairs Of grades, constitute the
only unifying principle that
holds the display together. The
fifth and sixth graders have
included some ingenious pic
lures and maps, constructed Of
such unexpected materials as
colored beans, wool rug-stltch-
ing, and beads; a "bingo" card
consisting Of fraction and ra-
ito problems; a delicate line
drawing of a winter country
scene, which is really good; and
some original poems and es-
says.
The third and fourth graders
have contributed abstract de-
signs, paper fish, wool pothold-
ers. and pictures and note
books about early Cleveland to
the display; while the first and
second graders go almost one
hundred percent for nature. In
the latter section are cutouts