davidaulloa/AmericanStories huggingface dataset:
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

POuce reported tnat Mrs. AT
kins' car skidded off the road
and struck a tree. She was driv-
ing on Route 60 about two miles
east of Cumberland. She was
taken to the Medical College Of
Virginia, where she died SatT-
day. NJ
Two Midlothian men were kill
ed Monday in a three-car crash
in Powhatan county. They were
John Thomas Fisher. So. opera
tor of one of the three cars,
and James Edward Bently, As,
a passenger in the Fisher car.
The collision happened at $40
pm. at a curve on state TT. 634.
The other two drivers were list
ed as John L. Harris of Rt. 4,
PoWhatan, and Melvin c. Moore,
of Powhatan.
State trooper A. P. Tucker
said Fisher who was headed
south, apparently crossed to the
wrong side of the highway.
Moore, who was headed north,
and followed by Harris, cut his
car out Of the read to avoid a
collision and the cars driven by
Fisher and Harris struck head
on. Moore's vehicle struck a tree
but he was not injured.
Harris and another passenger
in the Fisher car. Harry Brown,
were injured, and ale reported
in satisfactory condition in Rich
mond hospitals.
In FarmWlle, the snow added
a merry touch to the holiday
season but it also brought
its bonus of trouble.
Christmas shoppers flooded
the downtown area Friday aft
ernoon, Saturday and Monday,
causing many traffic problems,
Police Chief Otto S. Ovelton said
traffic was unusually heavy, and
especially difficult to control in
the shopping center area. How
ever, FarmviIle police had only
one accident in town. That one
was at the intersection of First
avenue and Edmonds S tire e
about $50 pm. Sunday. Minor
personal injuries were reported,
with considerable damage to the
two automobiles involved.
In the county, State trooper
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

c. H. Wallace, Jr., said there
were seven or eight accidents.
without too much damage at
any Of the scenes. He said he
handled one wreck Christmas
night on Route 800 east Of Keys
vile, where 10 or IL cars were
involved.
1T was slick as glass" Troop
er Wallace said. II could hardly
stand up on the solid sheet OF
ice, so there is no wonder that
driving was dangerous. He
said there was only minor dam
age involved, as cars skidded
into each other while the state
police we're mraveling an initial
collision.
Hospital Busy
Southside Community Hospital
was another hub of activity as
accident cases poured in. On
Christmas day the emergency
room reports showed one man
with a head injury, from falling
on the ice: a woman with hip
Continued on page y
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28
H-SC's Yankee
Court Invasion
Underway Tonight

Hanlpden Sydney Colleges
basketball squad arrives today
Thursday at New Haven,
Conn. for a New England holi-
day invasion Of three games.
The Tigers were to meet New
Haven College tonight in a single
contest, then move on to New
Bedford, Mass, for the North
South Seafood Tournament, Fri
day and Saturday.
The three teams joining H-SC
for the holiday tournament are
BridgeWater MASS State. host
New Bedford Tech and Guilford,
and other half of the southern
invasion force. The Tigers play
BridgeWater State Friday night
in the opener.
H-SC has been installed as
faVol1teS on the strength of a
six-game winning streak and the
title to the recent Fl. Lee In
vltational at Petersburg.
The Tigers Bill Hardin broke
into national recognition this
week with possession Of fifth
standing in the NCAA small col
lege scoring race. The 60" be-
specialized center has a 28.6 per
game average. He's in a tough
race, however, the nations No.
| small college performer is
Willie Shaw Of Lane College
Tenn. Shaw sports 42.7
average for each outing.
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

tax is IN an amount of forty
dollars Or less, you may file
your declaration and pay tn e
estimated tax at ally time on or
before January Is, 1864.
Care Advised
Declarations should be pre-
pared carefully, for there is pro
vision for payment of penalty
. (mteresJ, in certain cases Of
underpayment of estimated tax.
If, after filing a declaration,
your estimated tax is sub
stantially increased or decreas-
ed as a result of change of in
come or exemptions, you may
consult your commissioner of
the revenue or your tax advisor
as to the filing of All amended
declaration.
Note that a majority Of Vir-
glnla income taxpayers are NOT
affected by OF subject to t Ii &
declaration of estimated income
requirement. II ones taxable
income is wholly and entirely
from wages on which Virginia
income tax is withheld, one is
NOT required to make out Or
file any declaration.
Forms for use in executing
Continued on page 81
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

be increased or prices of stocks
must go lower. Both cannot con-
tinue forever so poorly adjusted.
The above comment refers
primarily to industrial stocks.
I forecast that both the gross
and net earnings Of utility stocks
will advance during 1863 and for
some years thereafter. The
utility cumulative preferreds
have reached a point whereby
they will closely follow interest
rates as determined by the Fed
eral Reserve Banks. The utility
common stocks should SLOWLY
rise In price provided they are
not mjustly limited by legisla,
ton or by state and federal
regulatory commissions.
AS for the railroad stocks, l
generally feel beariSh. A war
with Cuba or a world nuclear
war bre king cut anywhere
could cause the stocks of all our
tranScondnental railroads to 90
up sharply in price; but down
they would come again. We are
today in an electronic age and
no longer in a railroad age.
Those who desire to invest in
common stocks should stick to
the oils. chemicals, and electron-
les. Even then keep in mind
Newton'S Law Of Action and Re.
action which will always deter
mime the time to buy and sell
cccxnon stocks.
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28
Withholding Tex. No. z
Withholding Tex. No. z
Self Employed, Extra Income
Farmers Must File Declaration

VrginianS have paid State Income Tax annually for
than 100 during these
income received during the preceding the
first time Virginia Income Taxpayers will pay
the preceding 1862 and also for the current 1868
The collection the 1868
will be accomplished in two Deduction withholding
by employers of employees tax should produce the
ton of the collection Secondly periodic payments of estimated
tax by professional, self employed other
the remainder of the to be currently collected
Today will approach briefly highlights of
estimated tax the filing Of the required declaration and
me tax
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

Regarding bonds l am not
o. lseJes 90 I!M spuoq lusuIu.1o
-AoS pug uonpIodloo uIel-lLoqs
poo5 'osIv 1851 5u!lnp I7q5!u
les IuM spuoq sIqgxgluou qua
'AIu!v1I7O 1851 IoJ o!1sW11ss7d
and government bonds may sell
Tor less sometime during 1868.
Long-term bond prices vary with
interest rates and the probabil-
ity of imitation.
Building, Real Estate
There may be some decline in
residential building in 1868; and
shopping centers in many subur-
Continued on page 81
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

The pertinent section OF the
Code Of Virginia requires that
for the taxable year beginning
on or after January l, 1868, and
for every taxable year there
after, every resident and nom
resident shall make and file, on
standard forms provided. a
declaration of his estimated tax
for the taxable year, if his Wiz
ginia adjusted gross taxable in
come, other than from wages on
which tax is withheld. can rea-
sonably be expected to exceed
$500 PLUS the sum of Virginia
personal exemptions to which he
is entitled.
Time of Filing
AS to time Tor filing, the Code
Of Virginia, in substance, re-
qMres that, except for farmers
c"F'armer" is a person at least
two-thirds of whose income is
derived from farming. declara-
tons of estimated tax shall be
filed with the county commits
SiOner OF the revenue on or be-
fore May l of the taxable year.
However, if ones books are
kept on fiscal year basis one
may substitute the correspond
ing month. Example: If fiscal
year begins on April l, declara-
ton must be filed on or before
August l.
Payment Of the estimated tax
shall be made to the treasurer
Of the county Tor city, in equal
installments on or before May l.
1868, June Is, 1858, September
Is. 1868 and January Is, 1854.
Consult your commissioner of
the revenue if. for any reason
other than fiscal year, one files
declaration after May /.
The preceding paragraph not
withstanding, if your estimated
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28
BabsOn Business, Finance Forecast, 1868

will remain high. With increased
savings deposits and little
change in the cost-of- living, the
public should continue to spend
freely. especially if merchants
maintain their advertising out
lays.
Inventories will remain about
the same during 1868. But gov
eminent spending will increase
over So billion = largely on de-
Tense - and 81 billion on new
roads. Whether manufactures
will hike their expenditures for
new machinery in 1863 in view
Of the depreciation tax credit, l
would not now forecast.
All this means that business
and employment for your city in
1853 will depend largely upon
the attitude of its leading bust
neSslnen. II they will be optilns-
tic and spend more on new
plants. advertising. and sales
n1anShip, We should have nothing
10 fear.
Stocks and Bonds
Ny father used to tell me.
1T is okay. Roger. for you to
make forecasts. but never put
dates on them!" forecast that
the Dow Jones Industrial Aver
age viii register lower some
ome during 1863 and stocks will
show an average yield Of about
I pe.rest. Ether d,H;jscde must
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28
Holiday Mail
Total 176,766

From December 10 through
Christmas, the big holiday mail
ing period the Farmville Post
Office had 1876 letter and
card cancellations and stamp
sales of $8,335.4O, B. S. Ham
ersly, acting postmaster, report
ed today.
The two king sized days for
outgoing letter mail were De-
cenlber II and 10, the total be-
ing 26,2O3 cancellations on the
former day and 2l,52O On the
latter.
Last years holiday cancella-
tons totalled 1891, but since
then the post Office here has in
creased its meter machine bust
ness significantly. Mail forward
ed by business firms using the
machines is not counted with
the cancellations. Last year,
stamp sales were slightly lower
than this year at $8,l48.
Little Ahead
ION the basis Of increased
stamp sales and considering the
added meter machine business,
believe the office is a little
ahead of last years holiday
volume. We're very pleased at
this trend Hamersly said.
He added that the meter ma
chimes which automatically seal
envelopes and stamp the amount
Of postage are growing in the
favor Of business houses here.
The firms pre-purchase postage
Continued on page "
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28
White Christmas
Was Pretty, But
Ice Caused Accidents

three and onehaf inch snowfall starting Christmas
the Farmvle first white Christmas since 1913
Temperatures well below freezing kept the surface frozen
hard for sled riding but also causing rash of acct
dents.
fatal accidents reported in the along with
nnumerabe automobile scrapes number of in
uries by people falling the ice
Cumberland county Mrs w. T. Atkins fatally in
ured Friday automobile accident while the first
year falling This first of the also
unofficially reported at three and half inches
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

ALLAN TIC AND GULF
COAST SHIPPING is tied up
this week as a result Of a strike
by $4,000 members of the In
telnational Longshoremen'S AS
(Continueud on Page y
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28
Powhoton soys
Powhoton Soys
School Transfer
Applications Not
Properly Filed

Who is responsible for de-
terrnining whether school trans
fer application forms are
genuine or false? This question
was argued in the Richmond
Circuit Court on Dec. 81.
The Powhatan County School
Board fill e d the suit asking
Judge E. W. Hening. Jr.. to
rule that it is not the duty of
the school board and thus any
applications improperly filed
may be ignored.
The State Pupil Placement
Board. as defendant in the case,
told the local board to determine
the genulneness Of the appica-
lions. A. B. Scott, representing
the state board, said it is the
duty OF the local authorities not
only under state law, but on
the basis of sound reasoning, to
verify applications.
He added. however. that he
believes, there is justification
for this court to hold no one has
any duty to consider applica-
uo-s received under these cir
cumstances." Scott agreed in re-
spouse to ques ton from Judge
Henlng, that if the court holds
the parents had not complied
With a reasonable requirement
as to how to file the appica-
tlon then there is no duty upon
elther agency to investigate their
validity. and the issue of which
agency must verify applications
properly filed becomes moot.
Collins Denny, Dr.. represent
ing the Powhatan school board
SAID the school board has no OBJ
s1ectlon to distributing placement
forms, receiving them or verify
ing tn cir authenticity. The
proper solution he told Judge
Henlng. is to hold these papers
are not proper applications, and
mat there is duty only when
applications are genuine"
Denny holds that the first OBJ
legation IS upon the parent to
Tile the application properly.
When this has been done he
said. lit Passes to the local
school board, and then to the
Pupil Placement Board. But
when a parent drops papers in
on the local superintendent of
schools. no obligation is placed
on anyone" Denny concluded.
The case arose because of 81
transfer applications left at the
ONCE Of J. S. Caldwell, super
mtendent Of Powhatans public
schools. Caldwell was the onIv
witness called to tie stand. He
testified that he was not in his
office when ten OF the applca-
IONS We're brought to his office
Dy an unknown Negro man OH
May II. Ten days later an un-
Known woman left q more an
pllcatlons at CaldWell's office.
The parents Of two children
subsequently withdrew their ap-
pllcationS. Local officials doubt
ed the validity OF the remaining
IS, and have since maintained
that it was not their RESPONSE
hlity to see if they were genuine
or not.
CONTINUED on PAGE %
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

Business
The business situation will
vary with different industries
and hence with different cities.
Some defense centers will boom:
steel cities will still find the 60
ing tough but better than
year ago. Considering the high
level Of the past ten years it
will not be surprising for 1858
to show a moderate decline in
business. If so it should come in
the second or third quarter.
with recovery in the fourth
quarter, followed by a good 1854.
Disposable personal income
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28
Justice Dept.
Making Another
Intervention TRY
Legal Brief Says
Courts Can Force
School Re0pening

The Department Of Justice
has filed a petition with the
Fourth United States Circuit
Court of Appeals in its second
attempt to enter the Prince Ed
ward county school segregation
case.
The government said in its
brief. filed December 20 that
the court held the power to CON-
pei the county to levy taxes to
reopen its public schools without
racial segregation.
In June of 1861, the Justice,
Department was rebnfed by
Federal Judge Oren R. Lewis
when it attempted to enter the
case as a co-plaintiff.
Before the Justice Department
can enter the long itigated case,
it must have permission from
the circuit court which as yet
has not granted it.
The case is now before the
circuit court on appeal from
District Judge Lewis order that
the county schools could not re-
main closed as long as other
schools in Virginia remained
open at taxpayer expense.
ReOpens Jan. 8
The lower court delayed plac-
ing its order into effect until the
appeals court rules. The case is
to be argued before the appeals
court in Alexandra beginning
January 9.
The government seeks to file
a brief in which it argues that
the court order to reopen the
schools should be upheld.
In its brief, the Justice De-
partment said that it is within
the power Of the federal court
to require Prince Edward coun-
ty to levy taxes to support
an efficient nondiScrinlinatory
school system.
Prince Edward officials have
commended that a federal court
cannot require a county to raise
funds because that is a legisla-
tive function which is beyond
the jurisdiction Of the courts.
the Justice Department said
that Virginia law does not for
bid the county supervisors to
levy taxes and appropriate mon
ey for the schools. It merely
vests in the supervisors the
power to decide whether this
shall be done.
County officials. the Justice
Department contends. are con-
sidered to be state officials and
are under a positive federal
constitutional mandate to do
whatever is necessary to cease
alleged unconstitutional con-
duct.
The Justice Department also
said:
This is a case of great i'm
portance to public education in
the United States. It is of great
importance also to the future
course Of the desegregation of
the public schools in this coun-
tl-y and to the implementation Of
the constitutional principles an
nounced by the Supreme Court
in Brown VS.. Board of Educa-
tOn."
In that case. the Supre m e
Court held that race could not
be used as a criteria in barring
Negroes from attending white
schools.
Continued on page y
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28
Roger We Babson, author

Roger We Babson, author
Of this annual forecast peer
ing into the next II months,
is the Observation-Disclosures
American business common
tator and investment advis-
er. His regular weekly col
umns appear regularly in
this newspaper, together
with over 400 others publica-
tons. His financial reports
are used by 10000 corpora
tons and estates. His 1862
predictions upheld the out
standing record Of past year
forecasts by being s6 per
cent correct.
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

, CUBAN PRISONERS
SKYBOLT DROPPED
BERLIN ESCAPE

THE LAST of LIB prisoners
captured during the msuccess-
full Bay of Pigs invasion on
April 1861 arrived in Mia mi.
Fla. Monday night to spend
Christmas in freedom. Their re-
lease from Cuban jails in re-
turn for about 60 million dol
lars worth of baby food and
medical supplies was arranged
by New York attorney ia m S
Donovan on behalf of the cap
tives' families. Unofficial but re-
liable reports say the Kennedy
administration played a big be-
hind-the-sceneS role in the ex-
change. promising tax relief to
drug manufacturers who con-
tributed supplies by considering
them contributions to charity.
SOME 1000 RELATIVES of
the freed Cubans were expected
to arrive in Florida Thursday
aboard the ship which carried
the ransom supplies to Havana.
Cuban Prime Minister Fid e |
Castro agreed to Let the rela-
tives come to the U. S. as a
Christmas bonus" There were
a total of $500 applications to
leave. The 1000 relatives were
to sail from Cuba late Wednes-
day. and one report said an ad-
ditional 1000 to 1.5OO were to
follow soon. Also sailing from
Cuba, but in the opposite diec-
ton, were hundreds of Russian
men, women, and children. The
men were connected with the
recent Soviet military bmldup on
the island.
PRESIDENT KENNEDY met
with Secretary of the Treasury
Douglas Dillon and other ad-
viSers at his vacation headquar-
tiers in Pa I'm Beach, Fla,
Wednesday. They repeatedly
planned to discuss the prospects
for a tax cut in 1863. Last week
the President scored a major
diplomatic victory by persuad-
ing British Prime Minister Mac
milan to agree to the abandon
ment Of the ailing Skybolt mis-
Sile program. Instead of Sky
bolts. the U. S. will sell Polaris
missiles to Britain and also Of
fer them on the same basis to
France. The ultimate objective
is an integrated European nu-
clear strike force under NATO
control.
EIGHT EAST G Err NJ A N S
crashed through three barrl-
cades in an armored bus before
dawn Wednesday, making good
their escape into West Berlin
under a hail Of bullets from
Communist border guards. Eight
bullets hit the bus but only one
man was injured. by flying glass
from the smashed windshield
The escapes, two men with
their wives and four children
were protected by metal plates
fastened inside the bus.
SEN. HARRY F. BYRD D-Va)
was reported in satisfactory con-
dition Wednesday at Union
Memorial Hospital in Baltimore
The 75-year-old Senator, con
Sidered the leader of Virginia S
conservative Democrats, was
admitted to the hospital las
week. The nature of his ailment
has not been disclosed.
ALTA MTG AND GULF
COAST SHIPPING is tied up
this week as a result Of a strike
by $4,000 members of the In
ternational Longshoremen's AS
lContinuelld on Page u
The Farmville herald. (Farmville, Va.) 1957-current, 1962-12-28

This is the second in a three
part series Of articles on Vir-
ginia's new state income tax
Withholding system, which be-
gins next month. Prepared by
William C. ellis, Jr., Prince
Edward county commissioner OF
revenue, the series will conclude
in the January / Herald with
the last article. Il will explain
how the system apples to farm
erS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-02
Margin Effect
In Stock Drop
IsHeId Minor

NEW YORK, July 2 (AP) A
new study indicates that stock
brought on credit did not play
a major role in the big market
break of late May.
President Keith Funston of
the New York Stock Exchange
said the study showed that
about 2 per cent of the dollar
value of all transactions that
week involved the sale of stocks
to cover margin calls.
The report is the third in a
series by the exchange seeking
to discover what happened dur
ing the week that began with
BLACK Monday" May 25-June
/, when the market took its big
gest drop since 1879 before re-
covering.
This one covered the effects
of calls by brokers for cash or
collateral to covef stocks bought
on margin-for at least 70 per
cent down. 1t does not cover
stock loans from banks or other
sources.
The study said that while the
number Of such calls increased,
1t did so chiefly in response to
the greater volume.
The new study said a portion
about 3,l00 of an average of
about $4,000 a day - of the
margin calls during the BLACK
Monday" week involved a spec
ial, lower margin category.
Some 40 per cent Of the calls
in this category concerned the
stock of the American Tele-
phone & Telegraph Co.
The category falls under a
Federal regulation permitting
shareholders to buy additional
stock for Is per cent down to
take advantage of special sub
scription rights, such as ART
had recently offered in a new
$500 million financing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-02
CHICAGO
LIVESTOCK

CHICAGO, July 2 (AP) (USDA
Hogs 1900 fairly active, barrows. gifts
and sowS steady to strong, fairly good
shipping demand: Nos. / and . lg0-
230 ID barrows and gifts 19.OO-i9 so;
32 head No. l promising a high yield
OF lean cuts 1875; mixed Nos. / to 8
.17.75-ls.50; 260-2S0 Id 17.25-1S. 90;
mixed Nos. 2 and 3 2S0-30O Id 1900
1880; mixed Nos. l to 3 320-500 ID
sows 13.5O-l5.75; Nos. 2 and 500
$50 ID 12.50-13.50.
Cattle $4,000. no calves, all slaugh-
ter classes fairly active. slaughter
steers uneven steady to 80 cents high
er: mostly to 25 cents higher; heifers
steady to fully 25 cents higher; cows
steady; bull and vealers firm; few
loads feeding cattle sold fully steady;
two loads mostly prime 1925 lg steers
2775; bulk high choice and mixed
choice and prime, 1,100-l $50 ID
26.25-27. so; bulk choice 950-1 $50 ID
2500-26.25; load lots mixed good and
choice 24.50-25.00; bulk good steers
3.00-24.75; mixed standard and good
q. 00-23.00; utility and standard
l9.50-2l.5 so; some mixed choice and
prime heifers 1915; bulk choice "A 90
1850; most good and choice % 90
2425; utility and commercial cows
l5.00-17. so; few standard COWS 1850
1900; Gamer and cutter 14.O0-l6.25;
utility and commercial bulls 1900
2l00; few good and choice vealers
25.OO-27.0O; load good and choice
mostly good 300 Id feeding steers
"a 90