davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Prudential Makes
$12,S75,000 Loans

Prudential Insurance Co. ha!
authorized loans on three
apartment projects in Airing.
ton County totaling $l2,875,.
600.
Long-term financing ha!
been provided for the project!
which were negotiated by w. I
Barter. ST., manager of Pru.
dential's Arlington office. The!
include:
The Shirlington House which
will be constructed on TIT
northwest corner of South
Thirty-first and South Ran
dolph streets. 1t will havt
436 units and 10 floors. A part
nership headed by John H
Safer will build the project. i
will include a swimming poo
and underground garage.
A second loan, which will b
made to a partnership headed
by Richard KRISTEN to finance
two apartment buildings al
$685. Columbia Road. A seven.
story building will contain 13s
units and an adjacent structure
will have 14l units.
The third loan and the --latest
to be authorized, to a part.
nership headed by Marvin
Dekelboum to finance a IL.
story apartment on a nine.
acre site on the southwest cor.
ner of EadS and Eighteenth
streets south. 1t will contain
400 units and feature a roof
top garden.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Market Reporting
Firms to Merge
Services Here

Two agricultural market re-
porting firms, Trans-Lux Mar
ket News Corp. of New York
and PAM Corp. Of Washington,
will join forces under a new
company, P. A. M. News Corp
Joseph A. Farley, manager
of the New York firm for the
last five years, announced the
consolidation today,
Carl c. Scott of Washington
who has directed PAM Corp
here since 1860. will serve as
president of the firm. He for
merly was with the Department
of Agriculture.
The fruit and vegetable serv-
ice offered by the New York
firm will be continued and
services will be added on poul-
try. eggs, livestock, grain as
we'll as a farm-agribusiness
news service.
The firm has Washington
New York and Chicago offices
and will open others as needed
Mr.. Farley said "Mr. Scott and
I will aggressively develop any
type of market or news service
the various agriculture indus
tries will support"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
June Orders
At Factories
Decline 20
By the Associated Press

Sales of manufacturers
dropped by l per cent in June
while new orders declined by 2
per cent, the Commerce De-
partment reported.
Sales were down $496 mil
from Mays record peak to $50
billion. All of the decline was
in durable goods industries
notably steel and autos.
Sales were down $496 million
dropped sharply for the third
straight month, with their to-
tai sales loss since March to-
falling 80 per cent. A labor dis
pute affecting Ford production
put a 6 per cent dent in auto
deliveries.
New orders fell by S700 mil
lion to 1924 billion. Since De-
cember, 1861. orders for dura-
BILE goods have declined by 81
billion-all attributable to iron
and steel producers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01

market has produced cracks in
the price structures of stain
less. linepipe. conduit and q
few other products.
The auto industry can make
or break any resurgence of the
market in September and
later" Iron Age said. I'm
fortunately. this picture is not
clear and early conclusions
could be misleading.
In the automotive center Of
Detroit. for example. the last 10
days Of July brought an en-
couraging increase in orders for
August and September delivery.
This was the direct result Of
orders from auto makers and
Suppliers."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Area Doubled
For Columbia
Pictures Official

Columbia Pictures has just
about doubled the territory in
which Sam CALAMITY serves as
sales manager, it was an
nounced today.
His additional responsibilities
include sales and distribution
of Columbia Pictures through
out the South, including g.
500 OF more theaters in areas
covered by offices at Jackson
vile, Atlanta, New Orleans
and Charlotte.
These will be in addition 70
his present duties covering
about the same number of
theaters in areas served in
Cleveland, Cincinnati, Pitts
burgh and Washington.
Mr.. CALAMITY will continue to
maintain his office and resi-
dence in Washington.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01


ington Stock Exchange.
Effective date of the name
change will be determined after
August 9, dependent on ap-
proval by the membership.
President S. Grey Dayton,
Jr., Of the exchange today said
the name change is called for
in connection with undermining
operating procedures in the
Washington branch of the ex-
change and also in recognition
Of the growing Importance of
this area. including the Ma
tons Capital, in the future
growth Of the exchange.
Recalling that the Washing
ton branch was acquired as a
result Of merger with the old
Washington Stock Exchange,
in 1858, Mr.. Dayton said six
member firms at that time
were listed south of Washing
ton.
I'VE now have thirty-two
member firms in this area and
direct private teletype commun-
ication to Florida" he declared.
George M. Ferris. jr., of Ferris
d Co., chairman of the Wash
ington arrangements committee
Of the exchange commented:
THE inclusion of Washington
in our name and modernization
Of Washington's operating pro-
cedures were submitted to and
approved at a recent meeting
Of the exchanges Washington
member firms"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Worlds Largest
Banks Post Bio
Jump in Deposits

NEW YORK, Aug. l (AP).-
Deposits in the 500 largest
commercial banks in the free
world jumped $31.3 billion to
$324.8 billion last year, a survey
by American Banker, a trade
daily. said today.
The gain of 10.6 per cent
compared with a rise of 8.8 per
cent in 1860 and was described
as the biggest in years.
OF the surveyed banks, 24l
are in the United States. These
reported deposits of $l48.8 bill
lion at the end of 1861 for a
gain of $l2.l billion, or 8.77
per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Branch Is Approved
For State National

State National Bank OF
Bethesda has received permits.
sion Of the Controller of the
Currency to establish a branch
office at the intersection OF
Rockville pike and Montrose
road in Montgomery County
Md. it was announced by Col
Michael l.. Looney, board chair
man and president.
This is the second branch
approved for State National in
the last year. A Kensington
office was opened at Connect
cut avenue and University
boulevard on June IS.
Formerly known as the Ma
tional Bank of Bethesda Chevy
Chase, the institution has its
main office at Arlington road
and Bradley boulevard in
Bethesda,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
DynoIectron Earnings
Ahead of Year Aqo

Net earnings of Dynalectron
Corp. amounted to 1851 ,464 or
IL cents a share in the first
half Of this year compared with
$201,967 or 8 cents a share a
year ago, the company reported
yesterday.
Sales totaled $16,661 ,698 in
the six months, compared with
$l7,245,024 a year earlier, Of
ficialS said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Passenger Traffic
Expands on Seoboord

Passenger traffic on the Sea-
board Air Line Railroad in
July was is per cent ahead OF
a year ago and was the largest
for any July in a peacetime
year. said James r. Getty, gen.
eral passenger traffic manager
at Richmond, Va.
He said advance bookings fol-
the remainder of 1862 indicate
continuing gains.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Offerings Suspension
Becomes Permanent

The Securities and Exchange
Commission today announced
that a Regulation A exemption
from registration permitting
public offering Of $50, 900 shares
Of Class A common stock of
National Capital Acceptance
Corp. has been suspended
permanently.
The Washington firm has
withdrawn its request for a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
BUSINESS
BRIEFS

Electric Power Production in
the week ended July % totaled
l6, 635, 100000 kilowatthours
compared with 1879, 100000 in
the previous week and 1851
$1,000 in 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 advanced to $5.92 from
$3.50 last week and compared
with $3.50 in the like week q
year ago.-Dun g. Bradstreet.
Earnings
Baltimore Gas & Electric in
IL months ended June 80
earned s22.879.O0O or $l.52 a
share VS.. $22,682,00o or $1.53
in 1861.
Trans World Airlines in 6
months ended June 80 had a
loss of $l2. 483 900 VS.. a loss of
$l1. 724, 900 in 1861.
Ashland Oil G. Refining in 9
months ended June 80 earned
$40, 943 $50 or $l.47 a share VS..
$l0.712,113 or $1.49 in 1861
period.
Emerson Electric Co. in 8
months ended June 80 earned
So, 033, 002 or $1.29 a share VS.
81, 544,0l9 or $l.10 in 1861
period.
Cupboard Marine in 8 months
ended June 80 earned $780,
937 or 85c a share VS.. $4,763, $50
or so cents in 1861 period.
Packaging Corp. in year end
ed June 80 earned $5,850,000 or
SLAB a share VS.. $4,095,736 or
81 cents in 1861.
Joy Mfg. Co. in 8 months
ended June 80 earned 1927, 010
or Is cents a share VS.. $2,872,-
487 or $l.54 in 1861 period.
Other earnings included:
For Months Ended June 10
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
New D. c. Firm Sells
First HeIicopter

Transair Helicopter Sales
& Service Co.. new Washing
ton firm. has sold its first hell
copter to Vitro Laboratories in
Silver Spring, Md, reported
Steuart A. ReisS, president OF
the firm.
Transair is distributor in
this area for Brantly Helicop-
ter Corp. of Frederick, Okla.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Washington Gas Net
Lower in II Months

Net income of Washington
Gas Light Co. in IL months
ended June 80 was $685., 532
or $1.98 a share on stock out
standing at the end Of the
period. compared with $7,082,-
985 or $213 a share in the
preceding period, President
Donald S. Bittinger stated in
an interim report to stock
holders.
Operating revenues for the
II months was $79,041.614,
compared with $76,630, 297 in
the preceding period
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Aero Geo Volume
Continues to Rise

Sales of Aero Geo Astro Corp
of Alexandria continue theil
impressive rise and now ap.
proximate IS million for the
first three quarters of thu
firms fiscal year, President X
S. Kelleher announced.
This represents an increase
of more than 125 per cent from
a year ago, Mr.. Kelleher said
June orders set a new record
and increased the unbilled or
der backlog to $4.3 million, he
declared.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01

hearing on the SECS order
temporarily suspending the
registration. The hearing has
been cancelled and the sus-
pension order has become
permanent. the SEC said.
j. Morris Anderson g. As
sociates, who was enjoined
by Federal court order last
December, has ceased to do
business as a broker dealer and
its registration has been can
celled, the SEC also announced
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
PEPCO Earnings Rise
Sharply From 1861

Net income Of Potomac Elec-
trio Power Co. rose to $4,07l, 1853
or 43 cents a share in the first
three months of this year, COM
pared with s3.517.549 or 40
cents on fewer shares a year
earlier. the company reported
yesterday.
Net for IL months ended
June 80 also increased to $18.-
106.635 or $1.93 a share from
$16,846,272 or $1.98 on fewer
shares in the preceding IL
mnnthG-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
Sterling Park Poyer
To Be Underground

Virginia Electric and Power
Co. and General Electric Co
have designed an underground
electric distribution system for
Sterling Park, the new resi-
Dental community planned by
M. Broyhill g. Sons in Loudoun
County.
1t will be the worlds largest
residential underground cleo
trio distribution system, an an
nouncement from GE said
today.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
P-B Exchange Proposes
Washington in Name
As DC. Trade Grows
BY DONALD b. HADLEY
Star Financial Editor

The Philadelphia Baltimore Stock Exchange plans to add
Washington to its and modene operating procedures
IN its office here.
The exchanges board Of has approved the
posal and will submit constitutional amendment to change
the organizations to the Philadelphia Baltimore Wash
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
OVER COUNTER

=. Following prices furnished by the Ma
tlonal ASSOCIATION OF Securities Dealers
which locally active securities could have
been bought or sold at l pm Wednes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-01
TREASURY BONDS

NEW YORK CAP)- 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, 1962-08-01

We are pleased to announce
the appointment of
Robert A. Caldwell
as General Agent in Washington, DC.
Mr. Caldwell we'll qualified to administer the operation of
agency in Washington De- and provide service our
many polcyholders in the area.
native of Alabama Mr. Caldwell attended Knox College and
served in the US. Air Corps during World War H.
Through experience and training Mr. Caldwell and his
cates able to offer professional counseng plan
a complete life insurance program to fit your needs.
Evening star., 1962-12-05
ice Rejects
Rate Increase
By the Associated Press

The Interstate Commerce
Commission has rejected a Post
Office bid to increase parcel
post rates by IL per cent and
raise the maximum size and
weight limits on fourth class
packages.
The rejection yesterday
brought q hint from Post Office
officials Of possible court ac-
ton. This could produce a
struggle between the two agen-
cies, each claiming control of
issues involved in the increase
application.
The Post Office is trying to
cut a deficit which is UP to
more than 1922 million a year
on fourth class business. Under
the law, income from parcel
post business must be within 4
per cent Of costs.
Postal officials say the ICC
is supposed to act as q book
keeping agency, and must ap-
prove fourth class rate in
creases If the Post office shows
expenses are more than 4 per
cent higher than income.
The rate increase case also
involves authority to change
size and weight limits. The post
Office contends that Congress
gave this power to the Postmas-
ter General in 1851. The ICC
claims it still has control over
size and weight rules.
Postmaster General Day
asked January 2 for ICC con-
sent to put new parcel post
rates into effect, and included
size and weight limits in his
proposal. He said they were in
cluded only because they were
inseparable from the rate pro-
visions. And he suggested the
commission concern itself only
with rates.
But the ICC rejected Mr..
Days proposal "as presented"
indicating that it still consid-
ers itself the final authority
on size and weight rules.
Evening star., 1962-12-05
Son Is Born to Wife
Of Ex-Bulqur Kinq

MADRID, Spain, Dec. S (AP)
An heir to the Bulgarian
throne was born here Monday
to Margarita Gomez Acebo,
Spanish commoner wife Of ex-
lied King Simeon, 1t was an
nounced yesterday.
The child will be named
Kardam. Prince Of Tinovo. q
title given only to Bulgarian
heir princes.
King Simeon came to Spain
many years ago and married
Margarita last January 20 in
Lausanne. Switzerland.
Evening star., 1962-12-05

local problem - the commuter
segment--to the detriment Of
the other segments."
Obviously. he said. If the
District decides to build only
segments of its interstate sys-
tenn, it must be prepared 70
face the possibility that no
projects-including those al
ready built-will be eligible for
Federal aid.
He urged the AAA to spread
the word" for the need of an
expressway program now.
Evening star., 1962-12-05
Dropout Symposium
Opposes Ability Labels

as compared with other chill
dren.
Schools should be in closer
touch with parents. some Of the
symposium speakers believed,
and concerned with community
events in order to improve edu-
cation Of the children they
serve.
Guidance service should be
improved in the schools, ac-
cording to another suggestion.
Schools in recent years have
tended to be more concerned
with the college-bound student
than the potential dropout. II
was contended.
From Age 4
At least for children living
in slum areas, there should be
some pre-kindergarten or
nursery school training, start
ing at least at age 4, with q
school-related program fol
parents, another long-range
remedy for the dropout prob
lem proposed. Some Of thi'
type of work Is being donC
through foundation-supportec
projects.
Daniel Schreiber. NEA prof.
ect director, admitted that
some Of the ideas developed by
the symposium have been ex-
pressed before.
But the important thing is
that they haven't been imple-
mented," he said. You have
to keep repeating them"
He suggested that perhaps
the large numbers dropping out
of school-estimated at one of
every three students entering
ninth grade-will result in
action.
"Once Sputnik went up. we
suddenly got all kinds of money
for math and science" he OBJ
served, although there had
also been recommendations
about those things for many
years before that"
Evening star., 1962-12-05
BY DONALD HIRZEL
star staff Writer

The Districts expresswRy
system is being put together in
bits and pieces because Of "all
Of the confusion and pickering
by officials, said Mai. Gen.
Louis w. Prentiss, United States
Army retired, executive vice
president Of the American Road
Builders Association.
The former Engineer Com
missioner said that the delay
In execution Of a highway ex-
pansion program that was
planned 10 years ago is result
ing In only the small segment
Of expreSsway being completed
which is only Of "minimal ben
eft in promoting the free flow
of traffic."
"Our failure to connect the
bits and pieces into a properly
operable system will deprive
this area of much Of the econ
oniic dividends which a COM
plete system can provide, and
we will also be taking away an
important part Of the national
system Of Interstate and De-
tense highways he said.
Gen. Prentiss. speaking at a
luncheon yesterday Of the D. C..
Advisory Board of the Amer
ican Automobile Association,
said that despite plans for a
highway system being in effect
these many years there have
been numerous changes in the
projects that have delayed the
entire program.
Positions Reversed
"Since 1889" he noted,
there have been many changes
and delays and 1t is amaz-
ing to me that we get any
highway project under con-
struction at all, in the light of
the reversed position taken by
some Federal and District Of
ficials after everyone is in
agreement"
He termed the endless con-
Evening star., 1962-12-05
BY HARRIET GRIFFITHS
Star staff Writer


Schools should avoid tying
labels to a child such as "a low
T. @. kid" as a result of ability
grouping or intelligence test
ing. according to a symposium
on the dropout problem.
Educators and social scien-
lists joined in the three-day
conference sponsored by the
National Education ASsocia-
tion's Project on School Drop
outs concluded yesterday at
the Statler Hotel.
While the symposium did not
produce formal recommended
tons, there was general agree
ment on several points, such as
the hazard Of labelling children,
especially very small ones, as
one kind of learner or another.
One point emphasized during
the conference was that the
Job Of licking the dropout
problem must start down in
elementary school.
I Other Proposals
Other suggested remedies in
cluded:
Schools should keep their
doors open for a return Of stu
dents who already have quit
before graduation. One way
would be through daytime high
schools for adults.
School systems should take
care in selecting principals who
frequently set the social climate
Of their schools by the kind of
leadership they exert and the
goals they seek. One view was
that the principal should show
he cares more about people
than about getting all his re-
ports in"
Vocational education in sem
Tor high schools must be up-to-
date; for example. geared to the
concept Of automation, and
connected with proper voca-
tional guidance and job find
ing.
There should be a double pc
Rod Of English for students
who need it. Lack Of com
munications skills. including
reading, are a major factor
In the dropout problem.
Psychological Handicaps
Other suggestions heard dur
ing the talks included one that
schools should develop curTi-
culums that make sense" both
to the children and to their
parents. 1t was brought out that
many children from slum
neighborhoods come to school
handicapped by their omissions
OF normal experiences and
ability to express themselves,
Evening star., 1962-12-05
Bickering Seen Sopping
Expresswoy Network

troversies and the continual
restudy of plans previously ap-
proved as "the curse of Wash
ington."
He said this delay may be
the price we have to pay for
the remarkably complicated
form of government" in the
National Capital Region.
1t is a sort of governmental
hash involving the govern
ments of two States and the
District Commissioners, COM
mittees Of Congress, assorted
planners, and various arms Of
the executive branch of the
Federal Government as we'll as
the counties and small cities
in the Metropolitan Area.
Gen. Prentiss believes a CO.
operative approach seeking
agreement among the many
governmental groups which
share authority in the National
Capital Region is the one which
must be followed, even though
progress is often discouragingly
slow"
Alternative Discounted
He said the alternative is
setting up a kind Of head
knocking" central authority to
dictate policy and see that it
is adhered to. This idea he
believes to be unworkable.
The general believes that the
District may lose Government
financial support of its high
way projects, because of the
adoption Of a transportation
plan which has purely local
application and in fact, "em-
phasizes one segment Of the
The Robbins eagle. (Robbins, Ill.) 1951-1963, 1962-12-22
Voices from
Home

This is the last week of the
American Red Cross Voices
From Home" program.
Servicemen's families may
record gift messages to their
loved ones serving away from
home during the holidays, thru
this Red Cross recording SER
vice. The recording session, the
record and mailing envelope are
all free of charge.
The program this year al
ready has sent recorded Christ
mas messages on their way to
servicemen stationed in Cuba,
the Antartic, Korea, France,
Germany, Spain, Japan.
The many families making
the recordings have presented
a variety of backgrounds:
A mother and fiance sending
news from home to a seaman
aboard the U.S.S. Glacier.
"Voices From Home" record
ing appointments may still be
made by calling Mrs. Egan at
the local Red Cross office in
this area, Harvey, ED l. 1915.
The Robbins eagle. (Robbins, Ill.) 1951-1963, 1962-12-22

SEASONS GREETINGS!-The
Independent Citizens's Club:
(standing, left to right Otis
VERIFY, Geo. Brown, Gus Wright,
n. w johnson, Johnnie Rupert,
Charles Thomas. Seated, left
to right oscar Wilson, William
Jones, Mrs. Bridget Rupert,
Paul Rayon and James McCrary.
The Robbins eagle. (Robbins, Ill.) 1951-1963, 1962-12-22
Bankruptcy

In the matter of: Beulah Bell
In Bankruptcy
No. 62 B 1852
Notice of Order Fixing
Time for Filling Objections
To Discharge
To the creditors of the above
named bankrupt and other par
ties in interest:
Notice is hereby given that
on the 18th day of December,
1862 an order was made in the
above entitled proceeding, fix
ing the 18th day of January,
1868, as the last day for the
filing of objections to the dis
charge of bankrupt.
Dated this 18th day of De-
cember, 1862.
Victor e. LaRue
Referee in Bankruptcy
The Robbins eagle. (Robbins, Ill.) 1951-1963, 1962-12-22

Bankrupt need not appear on
the above date. If objections
TO discharge are filed, notice
OF the time for hearing will be
given to the bankrupt and OBJ
jecting creditors.
, 1962-01-20
Rule Burs Use Of
Senute Facilities for
Commercial Affdirs

According to a recent news
report, Representative Adam
Clayton Powell, who had plan
ned to use the Senate dining
room to publicize a CONNER
cial venture, went instead to
a hotel near the Capitol to an
nounce expansion of an insur-
ance enterprise he directs.
The change was made because
Of a rule against use of Senate
dining facilities for CONNER
cial affairs.
Mr.. Powell announced that
the Eastern Seaboard Life In
Continued on Page ~