davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
YOUR MONEYS WORTH
Profit Squeeze
On the Increase
BY SYLVIA PORTER

20 to Is per cent on each
activity studied ana profits were
increased sharply.
Basic Changes Sought
(3) Search for fundamental
changes, for the forces behind
the second profit squeeze have
generated many profit oppor-
tunities that are greater in
scope and size than those
whitfield away by the relentless
erosion of competition" Re-
think every policy, re-examine
every facility and organization
structure, don't hesitate to I'M
dertake drastic surgery. AS one
company president put it, 1T is
like starting out all over again
in business"
1.-THE real answer to the
second profit squeeze" lies in
1.-The combination Of sound
management of each function
with bold and broad evaluation
of new profit opportunities, "
conclude Mr.. Morrison and Mr..
Neuschel. In one Of the ma
tons most respected business
publications, the challenge to
business has been coldly and
unsentimentally flung down.
Distributed, 1867, BY the Hall Syndicate.
Inc. All Rights Reserved)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
Stoff Is Appointed
For New Virginia
SuVinqs & Loan

Walter B. Mechanism, for
mer Alexandria banker, has
been named executive vice
president and manager Of the
newly organized Home Savings
& Loan Association of Virginia
at Falls Church, it was an
nounced by President Louis C.
Carl yesterday.
M. McClanahan formerly
was a vice president of the
Mount Vernon Bank g. Trust
Co. and also was in the real
estate business with Monroe
Development Corp.
The new association expects
to open offices at 706 South
Washington street in Falls
Church in mid-July.
A native of Warrenton, Va,
Mr.. McClanahan attended pub
lie schools there, the American
Institute of Banking and the
Banking School at the Univer-
sity of Virginia, He served in
the Army in World War II and
has been active in banking and
real estate for is years.
Assisting him in the new
association will be 1t. Comdr
E. B. Ehlers, USN (retired). of
Annandale and Miss Sylvia S.
PurviS of Falls Church.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01

Nothing the Government can
do will beat the profit squeeze
strangling an increasing num-
Der of corporations today.
No foreseeable business up
swing will solve the funda-
mental problem of declining
corporation profit ratios, for
the simple reason that today's
profit squeeze is basically due
to intense competition and this
will continue.
There is no gift from the
gods in prospect to restore
corporation profits to the post
war years, when industry pros
pered from the huge pent-up
demands for goods. the &C
cumulation Of savings and the
swift growth Of new families.
Today's profit squeeze is
rough.
1t can be beaten, but only
by businessmen taking bold,
realistic action on their own.
Some Are Acting
Right now, in every industry
which is in a pinch. a few
companies are doing just this.
Other companies which want
to triumph in the environment
of the 1905 will have to follow
similar courses.
These, in brief, are the con-
illusions of a detailed, analysis
of THE Second Squeeze on
Profits" by ]. Roger Morrison
and Richard F. Neuschel. to be
published in the July-AuguSt
issue of the Harvard Business
Review.
There are no broad eco
nomic forces now in prospect
to bring profits" up to a more
satisfactory level" Yet, the fact
that in each industry some COM
.panies are conquering the
squeeze emphasizes that this
pinch "is obviously sensitive to
MANAGEMENT action" Specific
ally:
Cd Cost reduction by decree
Arbitrary expense cutting"
ranging from controlling use Of
paper clips to outlawing COM
pany planes. There are many
Instances where companies have
reduced costs 10 to Is per cent
by this preSSure-but it has to
be stern" and realistic.
co Review of all existing
operations, to cut costs and to
increase income. The president
of one 81 billion corporation
requested each vice president
to study over a five-year period
every activity under his re-
Sponsibilty to find profit i'm
.provement opportunities. In the
first year. savings ranged from
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
CHICAGO GRAIN

CHICAGO. June 30 CAP).-The grain
futures market had only one day of solid
general support this week but II was
enough to tip most contracts higher on
the Board of Trade.
Both advances and declines were rela.
lively small as trading was almost en-
tirely Of a speculative nature and largely
wedged between closely placed resting
orders on either side Of prices at any
given time.
As harvest of the winter wheat crop
approached its peak, hedge selling IN
creased but at no time has II reached
the volume Of other recent years or trade
expectations.
At the end of the week. wheat was
Va cent a bushel lower to w higher
than q week ago, July $2illb-ll; corn
h-l9t higher, July Sl.ll3z-zs; oats h-l9s
higher, July 67se-3h; rye I've lower to 81
higher, July Sl.3lh-ss; soybeans VI
lower to Va higher, July $2.4s7s-sb.
Range Of prices for the week:
Close Close
Hiah Inw lime 20 lima ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
TOBACCO

UPPER MARLBORO. Nd. June 80
ZAP The market was steady
to lower this week for most grades Of
Southern Maryland tobacco.
Quality was not as good, the Federal
State Market News Service reported.
Deliveries were heavy on Monday but
light the other days.
For the 5-day period Of June 25-
90 auctions totaled 2,215,59S net
pounds and returned S67.l4 hundred.
lowest TO date for the 1851 crop. Sales
for the season totaled 2S,S45,So5 net
pounds and averaged S62.23.
Receipts of the Maryland Tobacco
Cooperative increased again this week
amounting to Is per cent of the sales.
This was the largest percentage Of the
year. Deliveries to the cooperative
for the season stand at IL per cent.
Net receipts of the Baltimore Hogs
had Market for the season were re-
ported as around 3,s24,000 pounds.
This, combined with the auction total,
amounts to about 32,670,000 pounds
The four Southern Maryland mark
cts viii be closed on July 4 In OBJ
servance of Independence Day. Final
auctions for the 1861 crop are sched-
uled for July I3.
Auction bid averages per hundred
pounds on q limited number OF rep
res sspt5s U. s. grades were were: ,,ou
Description Grade June % prev. wk
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01

DoWNToWN-F Street Of TIL NV. opsa
Monday and ThusdsY. $50 10 900; other
dsys, $50 to 500
SILVER SpRINc-Fenson es Ellsworth. opsa
Moadey through Fridoy. 1000 10 $50; Sotu'-
6sy, 10 10 6
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
4 TIRE CENTERS

PARKINGToN- I'd. Of Wilson Blvd.
Open Monday through Friday. 1000 to $50;
Saturday, 10 TO 6.
MARROW HEl6HTS-Bruneh Ave. OF 81.
Bcrnobos I'd. Open Mon. through ri. 10
10 $50; Saturday. 10 to 6
, 1962-06-30
LEGISLATIVE RECORD
Continued from Pare 3

it and we were asked q remember because was Chair
man Of the Municipal Council we received several APP
p~lications from people outside the Islands either to buy
the Island or to rent it to them. And we said INC" we
would neither sell, nor would we rent it, It will re-
main available for the use of the public. And from that
time on, it has been made available for the use OF the
public But nothing has been done on the Island ever
since.
People have gone there. They have collected the
eggs of the turtles; they have taken the Holsters fhouS-
ands of pounds as was pointed out by the adversary OF
this bill Senator Reese and nobody has any control
whatsoever. Here comes an opportunity. The Park Ser.
vice is willing to spend at least $4,000 on the Island to
develop its fauna and its flora. / am always a believer
in the protection of the public interest. We talk about
tightening legislation. Gentlemen, are there such short
memories in this Body2 We passed hastily Bill No. 1915
that has caused malediction, curse, and criticisms to.
be heaped on this Body because the community was not
given ample time for a hearing on this matter.
But that's another matter. | am convinced that the
amendments that was made to this bill adequately pro-
tects the rights of the people Of the Virgin Islands.
LEGISLATIVE RECORD
, 1962-06-30
CALL FOR BIDS

Sealed bids, in quadrupiicate
will be received at the De-
partment of Property and Pro-
curement, Division of Procure
ment, Christiansted st. Croix,
Virgin Islands until 11:O0 AM.
July IS, 1862.
, 1962-06-30
Defendants
NOTICE OF PARTITION SALE

In pursuance Of an Introductory judgment Of partition
and sale, made and entered in the aboveentitled action, bear
ing date May 8, 1862, we the undersigned referees in said
Judgment named, will sell at public auction, at the District
Courthouse, Christansted, ST. Croix, on July 27, 1862 at ten
O'Clock Am. on that day, the premises directed by said judg
nent to be sold and therein described as follows:
, 1962-06-30

SATURDAY

SATURDAY yf
Double Feature Day!
1st feature: Columbia presents
HAND IN HAND"
Starring:
John Gregson. SYbil Thorndike.
Finley Currie. !, s ;
End feature: international presents
My World Died Screaming"
Starring:
William Ching, Gerald Mohr and
Kathy O'Donnell
Sunday and Monday afternoon
and evening & Tuesday afternoon
Universal international presents
In Color
Back Street"
Starring:
Susan Hayward John Gavin. Vera
Miles. Virginia Grey and
Reginald Gardiner
Fannie Hurst's most compassion-
ate Dramal The soaring story of a
borrowed Love!
Also the latest worldwide news.
, 1962-06-30

IN THE DISTRICT COURT OF H VIRGIN A
Division Of St. Croix Christansted Jurisdiction
ENGRACIO RIOS,
Plaintiff CIVIL ACTION NO. AZ 1861.
vs. ACTION IN PARTITION
MARCIANA RIOS PAGAN, ct al
, 1962-06-30
CARD OF THANKS

The Jackson. Christian. Tho
mas and Bennerson families
thank all persons for their ex-
pressions Of sympathy At the
death Of The late Roslyn Jack
son.
Peter E. jackson
& other family members
, 1962-06-30

Plots 9, sc and 4 Of parcel Of st. John Estate
st. Croix, Virgin Islands as mr. oe~particularly
shown on a map Of the Government Of the
Virgin Islands, Department Of Public Works.
st. Croix, dated March 10, 1887. Being further
described on a deed dated March %, 1947 and
the same is on record Volume 5 I'D Of Deeds
at page 395 bearing No. 341 of the Recorder
Of Deeds, Christiansted, St. Croix, and also
recorded in Register Subdivision ! at page
24S.
+ said sale will be as follows: The parcels may
sly or the entirety for cash but for a sum not
valuation as determined by the I'M
ees in their report to the District Court.
, 1962-06-30
GROCERIES

The Government reserves
the right to reject any or all
bids, to waive any i~nformality
in bids, and unless otherwise
specifid by the Government or
by the bidder, to accept any
item in the bid.
Copies of Invitation to bid
may De OBTAINED from the Di-
vision of Procurement, Chris
tiansted, St. Croix, U. S. vAg
Islands.
MARIO LEWIS
Commissioner Of Property
and Procurement
Per:
Alphonso Romnev
District Supervisor
, 1962-06-30

Christansted Jurisdiction
The Adak sun., 1962-09-17

the sixth consecutive year. Winners will receive trophies from the Comm ercial Appeal and prizes provided by the Aichi gan Bean Shippers Associa- tion and food products companies.
 Individuals, ships, and stations are requeste to submit Navy Bean Soup rec ipes, for six servings, direct to the Staff Public Infornn tion Officer, Chief of Naval Air Technical Training, U. s. Naval Air Station, Memphis l5, Tenne Semi finalists will be announced Oct. 1926, and winners will be named on 2l October l9o2. All members of the mil itary, their dependents, and civilian employees are eligible for the contest. Deadline for receipt of the recipes is is 4 October 1862.
The Adak sun., 1962-09-17
AD4,K SUN
Page Il
RADIO CITY NENS (Conti-)

About three weeks of our rocruiters brought in    forth five 
 
 
   for firstti
The Adak sun., 1962-09-17
CIVILIAN ICllEM OF ADlaK CELEBRATE
 10TH ANNIVERSARY

The Civilian Women of Adak celebrate cd their tenth anniversary at Club Caribou on Thursday, B September l9o2. Guests included M1'. and Mrs. Angell, Adak School Principal, the other Adak teach- CTS and school personnel, and the pres idents of the C.P.O. Auxiliary and Navy Wive's Club. The program for the evening included a elcone to the 4Adak Teachers by
 Connie Smith, the History of the Club presented by Inn Hagen, and the Install lation of Officers as follows:
 Installing Officer Velda Davidson President Connie Smith Vice President Ann Hagen Secretary Billie Sprague Treasurer Dorothy Rose After installation, the remainder of the evening was spent in dancing; music furnished by Mrs. Rita Galligan. l
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
Crab Pot Theft
Brings SIS Fine

Nick Kasakan, skipper of the
boat Salute, pleaded guilty to a
charge of petite larceny involving
the theft of a crab pot, line and
buoy belonging to Neil Won
Scheele. The theft took place on
the crab grounds at the South
end of the Island and Kasakan
had brought the pot and buoy into
town aboard his vessel.
He was fined SIS and ordered
to make restitution of $35 for the
missing crab pot line by Magis-
trate Mabel Fenner on Tuesday.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
Joint Finance Committee Accepts
$685. Million Appropriations Bill

Juneau Up. The Joint Senate
House Finance Committee gave
unanimous acceptance Thursday
to an appropriation bill calling for
state expenditures of $50, 422, 1913
during fiscal 1868. The appropri-
alton bill represents cut of
$986,617 from the amount recon-
mended in Gov. William A. Egan's
budget.
The bill will be paid for by $685.
963 ,914 from the general fund,
$5,456, 284 from other state funds
and most of the SIT, 298,016 in es-
timated unobligated balances the
state will have on hand at the
start of the 1863 fiscal year.
The estimated unobligated bal
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
Tom Frost, Jr.
Is Exalted Ruler

Tom Frost will head the list of
new officers of the Kodiak Elk's
Lodge No. 1772 for 1929. In
Stallation services are scheduled
to be held this evening at the Elk's
Hall beginning at $3.50.
Frost has held the office of Es-
teemed Leading Knight in the
year past and now becomes the
Lodges Exalted Ruler, succeeding
Bob Dawson in that position. He
is co-manager of Kraft's Super
market, and is the first Kodiak
born man to serve in the highest
office in the Efk's Lodge.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06

ance which will remain at the end
of fiscal 1863 will be some $25
million.
When the bill was reported out
to the House Thursday afternoon,
all the Democrats signed "do
pass recommendation and the
Republicans signed mo recon-
mendations." The bill contains
$350,000 for the controversial rur-
al development, disaster and de-
pressed area program. Gov. Egan
had recommended 100000.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
MckinnOn Named
Highway Chief

Juneau(P). Gov. William A Egan
announced the appointment OF
Donald A. McKinnon, veteran
South Dakota and Montana high.
way engineer, as Commissioner oil
Highways. McKinnon will assume
his duties April 16.
McKinnOn succeeds Sam E.
Johnson, who resigned last month
He formerly served as project en-
gineer, district engineer, then chief
engineer of the South Dakota
highway department.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
Out Of Season
Deer Costs $500

Three navy men were fined $500
each for killing deer out of season
by Magistrate Mabel Fenner this
week. Their guns were cOnfis-
Gated also.
LaVerne Bremen and Charles
Pyle were charged with killing a
deer in the Chiniak area on March
25th. Garland SkaggS, accompani-
ed by the other two men, shot a
deer in the same area on March
18th.
Ovid Mckinley of the Alaska De-
partment of Fish and Game filed
complaint following an investi-
cation of the case.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
Special Festival
Edition May 18th

A King Crab Festival Edition of
the Kodiak Mirror is planned for
Friday, May 4.
Appearing on the streets on the
afternoon of the opening day of
the Festival, the issue will con.
tain pictures, articles and news
stories pertaining to the crab in
dustry, as well as little known
facts concerning the giant crab.
Emphasis will also be placed on
the men and boats who are active
in the industry, offering a salute
to these men who have invested
time and money i'm the industry.
The first of a series of articles
on these fishermen-bOat owners
appears elsewhere in tOday's is
sue. This will be a weekly fea-
ture of the Mirror until and in
Guiding the special edition.
Advertisers are asked to plan
special advertising for the special
edition, slanted towards the crab
industry
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
lirrored Reflections
BY SIG DIGREE

AS stated by William E. Miller,
"the Communists in their widest
dreams never hoped for such con-
cessions." The philosophy ex-
pressed in "The Liberal Papers"
suggests that if America endures
a sufficient number of provoca-
tions by the Communists without
retaliating, the Reds will drop
their suspicious of the West and
enter into lasting peace.
Here's a quote from the book:
"AS the cold war continues, it be-
comes increasing difficult for de-
cent Americans, humane enough
to prefer peace to an egocentric
national honor, to be outspokenly
and genuinely anti-Communist."
Was this book written in an
opium den, and if so, what kind
of opiate are the boys smoking
nowadays? We are embarked on
a program of giving away our
money these days-now we are
asked to give away all our prin-
ciples and convictions.
4
During the past II years, the
us. postal service has spent about
SO cents out of every 500 of APP
preparation for research, develop
ment and mechanization. This
compares with an average for all
industry of So out of every $500
Continued On Page ~
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06

What is described as "a shame
full book" and is entitled 'The
Liberal Papers," is the result of
a project involving 35 Democratic
members of Congress. The con-
cept of the book is new approach
in our dealings with the Commun-
lists.
We never thought it possible to
get 35 people together who could
agree on policies to be adopted in
dealing with the Communists.
But here you have that many,
and most of them Congressman
and former congressman. What's
more, Marcus Raskin, who played
"a leading role in the develop
ment of the project" is employed
by the National Security Council,
our highest level strategic plan
SlHS dScllCy.
Here are a few of the foreign
policy recommendations advanced
by the authors: Recognition of
Red China membership in the
United Nations. :. Recognition of
Red China's claim to Formosa and
the Pescadores. :. Financial aid
for Red China. =. Demilitariza-
ton of West German Republic.
Recognition of East Germany'S
puppet regime. :. Shutdown of
American missile bases in Europe.
Invitation to Russia to plug in
on a bi-directional DEW Line.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
MiIIikens Offer
Apples To Atoms

Apples to Atoms" is the title
of the Millikens variety show to
be presented this year during the
Kodiak King Crab Festival.
Rehearsals have been continu-
ing for the past few months as
this popular group of ladies whip
into shape program designed for
laughs, which is expected to re.
ceive equal or greater acclaim
than that of last year.
The show will be staged two
evenings, Friday, May 4, and Sat
urday, May 5, at the high schoo
auditorium. Tickets will go or
sale next week.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
PnA Celebrates
3Oth Anniversary

Pacific Northern Airlines cele.
brates the thirtieth anniversary
of its founding next Tuesday, April
10.
The local office will serve cake
and coffee on that day to friends
and patrons who drop in, accord
ing to Ray Martin, Airlines agent
here.
Concentrating its activities en-
tirely on providing air passenger
and cargo service to and from Alas
ka and within Alaska, the COM
pany has shown considerable gain
over the span of thirty years. 1t
has grown from a one-man, one
airplane operation to a major air.
line employing some $50 persons
with more than 200 being sta
toned in Alaska; with an annual
payroll in excess of $5,000,000.
It has total of $18,0OO,00O to
provide transportation to and with
in the State of Alaska.
The company plans to inaugur-
ate Boeing 100 Jet service later
this month between the Pacific
Northwest and Alaska.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
Along The Waterfront

The Spanking-new Power Scow
Unimak of Seattle moored inside
the small boat harbor Tuesday and
Wednesday due to rough weather
at Ouzinkie. Skippered by Bill
Nielsen, the Unimak, which is crab
rendering for Ouzinkie Packing
Co., made it up from Seattle in
IL days and arrived here March
10. She has a crew of five.
4,
While various boat owners were
engaged in an informal grousing
session about the boat QuadrO be-
ing on the small boat harbor grid
so long recently (she went on the
grid at a peak tide and subse-
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06

quent smaller tides were unable
to float her free), Louis Wick,
skipper of the EldOradO and wa
terfront wit, announced with a
straight face that the Quadra is
gonna sue the city for not having
enough water in the boat harbor."
l.
A reminder to all crab fisher
men to start looking for that
trophy size king crab for the
Crab Festival.
A $50 prize will be offered for
the heaviest and also the longest.
These could be one and the same,
Continued on Page a
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06

Other officers who will be in
stalled this evening are Russell
Panchot, Est. Leading Knight;
Ed Ogborn, Est Loyal knight;
tally Valen, Est. Lecturing
knight; LOrren Chester, Secre-
tary; Stan Nelson, Treasurer; Ray
Shannon, Tiler; Bill Unger, Es-
quire; Gene Sundberg, Chaplain;
Robert Spencer, Inner Guard; and
Eldon Lester, Trustee for five
years.
Refreshments will be served fol-
lowing the meeting.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06

been issued by the Supreme Court
of Alaska, and all schools in Alas.
ka have been asked to conform
to it. The announcement was
made by telegram and reads as
follows:
1.-THE Attorney Generals office
has advised the State Department
of Education to conform to the
following mandate of the Su-
preme Court of Alaska: All
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
State Aid To
District Schools

JuneauP). The House Thurs
day gave solid approval to bill
which would create a formula for
State aid to Independent School
Districts.
The measure, Finance Commit
tee substitute for HB 420, passed
the lower chamber 39-1 after about
five minutes of discussion. There
was no opposition.
The bill now goes to the Sen
ate. The legislation would pro-
vide simple and equitable plan
for state support of the district
schools, Rep. Doris Sweeney,
chairman of the Health, Education
and Welfare Committee, told the
House. The bill specifies that the
plan will not go into complete eff
feet until July 1, 1868, providing
two year transitional period
during which the Legislature
would be able to iron out kinks
as they arise.
The Finance Committee version
deleted any recommendation as to
required millage which the local
districts would be required to
raise as a local tax effort. The
determination would be left to the
next legislature.
The original bill would have re-
quired local districts to raise an
amount equal to a four mill levy
on full value of taxable real and
personal property in a district.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
Library Week

Renew your membership" is
the suggestion of the Library
Board during observance of Ma
tional Library Week, April 8-14.
Kodiak residents are asked to
visit their library during the week.
Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976, 1962-04-06
Contestants!

Crab Festival Queen contestants
are urged to come in for an inter-
view, and have their pictures taken
sometime during next week. Phone
486-5123 for appointment.