davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-07-23
Two Maryland Bunks ,
Approve Merger Plan
FREDERICK July 23 (APl

FREDERICK July % (AP).-
Plans for a merger Of two West
ern Maryland banks have BEEN
approved by the boards of di-
rectors.
Stockholders Of the two
banks. Farmers and Mechanics
Citizens National of Frederick
and Farmers State of Emmits-
burg, will vote on the proposed
union late next month.
Benjamin L. Snuff, president
of Farmers and Mechanics-Cit-
izen National, and George L.
Wilhide. president of Farmers
State, who announced the mer-
ger plans Saturday, said the
comptroller of the currency
also must approve the merger
before it can become final.
The merged institution would
operate under the name and
charter of the Frederick bank
and have total resources of $50
million. The Frederick bank is
the largest in Western Mary
land and one of the Oldest in
the State.
Evening star., 1962-07-23
UNITED STATES TREASURY POSITION

BY the Associated Press
Evening star., 1962-07-23
Some Economic Areas
Show SIuggishness

/ graphing with. But it will also
increase Government expendi-
ture in the States and give busi-
ness and industry here a boost.
Several other courses are
open to the Government if the
economy appears to be slipping
a bit. 1t can, for instance, ac-
Icelerate purchases planned for
this year. This is done by or
dering earlier than planned
and thereby pumping a greater
amount of money into the
economy sooner.
Paying the Piper
The trouble is that if the
economy doesn't respond salts
factorily, it will be hit a heavy
blow later in the year when the
Government must reduce pur-
chasing to compensate for the
earlier splurge.
A general tax cut also pumps
more money into the economy
by increasing the amount in
the hands of consumers and
business. Here, again, the
economy must respond quickly.
If it does not, and there isn't a
sufficient rise in taxable in
come, then the Government will
be even shorter of funds to
meet its obligations than it is
at present.
Tax deductions for plant
and equipment spending may
be a dubious move because in
dustry probably already plans
to do all the expanding it can
afford under the recent write
off benefits.
Mcclure Newspaper Syndicate)
Evening star., 1962-07-23
Stocks Gain
FrdctionaIIy;
Trading Quiet

NEW YORK, July % CAPj.-
The stock market advanced
moderately with trading quiet
early this afternoon.
Gains Of most key stocks
were fractional but the
growth" issues were I'D as
much as 2 or 8 points.
The savings and loan hold
ing companies were generally
higher after their sinking spell
Of last week. Steels nudged
ahead on weekend reports that
order backlogs are Stabilizing
after a three-month decline.
General Motors was in de-
mand as motors traded un-
changed to moderately higher.
Rails were neglected while
utilities. chemicals, and oils
edged higher. Tobaccos, drugs,
and aeroSpace issues were
mixed.
GIN held a fractional gain in
fairly active trading amid re-
ports that the secondary offer
ing this week Of 1,590, 900 shares
OF GIN would be favorably re-
ceived. Records earnings re-
ported last week led some wall
streeters to hope for a raised
dividend.
United States Steel and
Bethlehem also gained frac-
tionS along with other leading
steelmakers. The expectation in
the street was that Bethlehem
would declare its usual dividend
this Thursday and that United
States Steel would follow suit
next Tuesday.
After holding steady to
higher in the morning, some of
the Savings-and-loans began to
squirt ahead in the afternoon.
Prices on the American Stock
Exchange moved generally
higher in quiet trading.
Corporate bonds were mixed.
Government bonds were un-
changed. Trading was quiet.
Evening star., 1962-07-23
D. c. SECURITIES

saIe;TPos T. P Eles PVT eom-44 ct 87ls,
At Ss. 9 st 37ss, at 37H. =" 4OO
Evening star., 1962-07-23
CHICAGO GRAIN

CHICAGO. July % (APl.-An ex-
pected good export business in wheat
firmed up prices in the futures trade
today and prices on the board Of trade
advanced major fractions in spots.
The market otherwise was weak
with declines in corn running to more
than a cent on selling described as
liquidation which was related TO con-
tinued favorable crop news.
Moderate selling also hit soybeans
on crop advices but seme dealers said
the governments report Of crushing
for June also may have been q little
Disappointing.
Shortly before noon. wheat was Is-ss
cent buShel higher, September
S2.l4Is; corn ss-ll4 lower, September
81 .OS94; oats Is-as lower, September
63ss cents; rye unchanged to y lower
September Sl.2l; soybeans ss-ss lower,
Evening star., 1962-07-23
By ELMER ROESSNER

Further moves by the Gov
ernment to bolster the econ
omy are likely if some Of the
business indicators don't show
more liveliness in the near fu-
ture.
Several key indices are show
ing weakness. Retail sales for
June continued the slight
downward trend of May. Per-
sonal income and industrial
production rose slightly last
month but at a slower rate
than earlier in the year.
Iron and steel output were
still off as inventory reduc-
tions continued and auto pro-
duction was curtailed by labor
trouble.
While the overall picture is
one of a slowing of growth in
the economy, not of an actual
decline, the Administration
and its budget are in a squeeze.
Federal spending was sched-
uled on the basis of sharply
rising economy.
Dual Purpose
One action taken which
should help a little was the re-
duction by the military in off
shore procurement. Off-shore
procurement is the purchase of
foreign goods to be used by the
armed forces abroad.
This move is to reduce United
States purchases overseas and
thus help the balance of pay
ments - another problem the
Kennedy Administration is
Evening star., 1962-07-23
NEW YORK STOCK EXCHANGE QUOTATIONS.

Furnished by the Associated Press
Stocks Sales
and zoos Net
Dividends (estO High Low 2:D chg
Evening star., 1962-07-23
COTTON

NEW YORK. July % APl.-Cotton
futures were higher today. Light COM
mission house trade buying met limited
offerings. The market was hesitant
pending details the government cotton
sales Tor export program for next
season; Cotton crop news continued
favorable
Late afternoon prices were 5 to so
cents a bale higher than the previous
close; Oct. 1913, Dec. 1888. March
Evening star., 1962-07-23
ODD-LOT TRADING

NEW YORK. July % CAP)-The
New York Stock Exchange reported
today these odd lot transactions BY
principal dealers for July 20: Pur-
ehaSes Of 22O.2l3 shares: sales OF
sold short
Evening star., 1962-07-23
DIVIDENDS
By the Associated Press
NEW YORK
BONDS
Sales High

0lst Includes Most Active Bonds)
Furnished by the Associated Press
Evening star., 1962-07-23

Win bankruptcy or receivership or
being reorganized under the Bankruptcy
Act, or securities assumed by such com
panies. M-ex-interest. ct-Certificstes
st-Stamped. f-Dealt in flat. x-Matured
bonds, negOtiability impaired by maturity.
Evening star., 1962-07-23

QuOIAJlOuS IOT luU snare lots,
Others for 10-share lots
xEx-diyidend. tPlus extra or extras.
Evening star., 1962-07-23
FOREIGN
EXCHANGE

NEW YORK. July % (APl.-Foreign
exchange rates (Great Britain and
Australia in dollars, others in cents
Canada in N Y
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20

tee members. They were APP
proved by the full COMMITTEES
but the entire bill has not yet
been voted on.
Senator Kefauver, Democrat
of Tennessee, author Of the
basic proposed legislation, said
the amendments reduced his
bill to a mere shadow" leaving
/ it ineffective as a means Of re-
ducing drug prices.
/ In response to Senator Ke-
/ fauver's remarks made on the
Senate floor last week, SEN
ator Eastland, Democrat Of
Mississippi, chairman Of the
Judiciary Committee, described
! the two department officials
who helped draft the amend
ments as Representatives Of
the administration"
He added that the bill
meets the requirements OF the
President"
Mr.. Ribicoff denied both as
sertions in his testimony be-
fore the House committee yes
terday.
Expanding on the point to
reporters later he said the peo-
pie from his department were
minor officials who were not
representing the adminiStra-
ton but were present to offer
technical aid in drafting leg
islative proposals, a service the
department offers all legisla-
tive committees.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20
Piruted Books
Sent From Orient
By the Associated Press

The Customs Bureau has or
dered a check on all English
language books shipped from
Formosa and Hong Kong for
possible violation Of the COPY
right law.
Customs Commissioner Philip
Nichols, jr.. said yesterday it
has been discovered that many
books written and copyrighted
here are being reproduced IL
legally and shipped to the
United States for sale at prices
far below those of the Ameri-
can publishers.
Many of the pirated books
are college texts. Mr.. Nichols
said.
Books found TO be in viola
ton of the law will be seized
and destroyed, Mr.. Nichols
added.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20

on some other measure, the ad.
ministration still would face q
major battle to have it accepted
in the House under this proce-
dure. One objection in the
! House would delay sending the
issue to conference. The House
leaders then would be forced
either to get a special rule from
the Rules Committee, try to
suspend the rules, a procedure
requiring a two-thirds vote.
! Some Laws Expiring
The immediate problems that
confronted Senate leaders at
their conference yesterday was
to get action on the extension
of seven laws that expire June
80, and to break the deadlock
that has blocked action on ap-
preparation bills because of the
dispute over who should preside
at joint conferences between
the House and Senate Appro-
priation Committees.
Senate Democratic Leader
Mansfield announced that he
probably would lay aside
the controversial communica-
ton satellite bill temporarily,
starting tomorrow to dispose of
the June 80 deadline measures.
Before this week ends he
hopes to pass the extension of
the Defense Production Act,
the Export Control Act and a
military construction bill.
Again next week the satel-
lite controversy will be side
tracked to pass these urgent
bills:
Extension of corporation and
excise tax rates; the sugar con-
troll act; changes in the Fed
eral aid program for aged,
needy persons and dependent
children; the power to renego-
tiate defense contracts; and
the increase in the Federal debt
ceiling.
Sugar Bill Hearings
The Senate Finance Commit
tee begins two days Of hearings
today on the sugar bill, which
the House yesterday,
319-72. This bill fixes quotas
on foreign and domestic sugar
for four years.
The same committee will |
hold brief hearings next week |
On the debt limit.
Democratic leaders empha-
sized that they are not aban-
1oning the satellite bill, which
would set up a private corpora
ion to operate the American
part of a worldwide system of |
communication.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20
EmmerSon
Sent to japan
ByPresident

President Kennedy is sending
a veteran career diplomat. John
Kenneth Emmerson, to Tokyo
to serve as deputy chief of mis-
sion in the United States en-
baSsy under Ambassador Edwin
o. Reischauer.
It Is the first Asian assign
ment in more than a decade for
the 54-year-old diplomat who
figured briefly in hearings on
United States China policy
after World War II.
Mr.. EmmerSon has been on
active duty and in good standing
throughout his career. He was
twice given clearanceS by loyal
ty and security boards after
being the target Of some critics
for his reporting on the Chinese
Communists while he was as
signed to Chungking during
World War II.
Mr.. EmmerSon received a State
Department meritorious service
award in 1854 and has held the
personal rank of minister since
July, 1859.
Early next month he will re-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20
Ribicoff Says
Amendments
Kill Drug Bill
BY the Associated Press

Secretary Of Welfare Ribicofi
has repudiated the amend
ments which some Of his SUBJ
ordinates helped draft for q
drug bill.
Mr.. Ribicoff told the House
Commerce mmittee the
amendments, written into the
measure by the Senate Judi
ciary Committee, do not meet
President Kennedy's recon-
mendations.
They differ substantially
enough to make us quite I'M
happy about it." Mr.. Ribicoff
said.
The amendments were drawn
up by staff members of the
Senate committee, assisted by
two officials from the Depart
ment of Health, Education and
Welfare and staff assistants of
some Of the Judiciary Commit
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20

place career diplomat William
Leonhart in the No. 2 post In
the largest American Embassy
in Asia. Mr.. Emmerson speaks
japanese. as does Mr.. Refs
chauer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20

The administration had def
mite assurance today that Presi-
dent Kennedy's medical care
bill for the aged under social
security will be called up in the
Senate before adjournment If
it does not get started in the
House.
Senator Anderson, Democrat
Of New Mexico, told reporters
come what may" he will try TO
attach it to some other bill in
the Senate before this session
ends.
This procedure has been ex-
pected for some time, but had
never been stated as fatty as
Senator Anderson put it yes
terday.
Senate Republican Leader
Dirksen of Illinois said in an
interview that. if the Demo-
Gratis try such a maneuver,
they will find they have a
fight on their hands.
I'VE will certainly be loaded
with ammunition in this case"
Senator Dirksen said. This
proposal will require lengthy
and detailed discussion in the
Senate. We will be ready for
them"
Senator Anderson made the
statement after Senate leaders
had been in a huddle with the
chairmen Of all Senate commit
tees, reviewing the status Of
the bills on which action will
be sought this year.
The list is still a long one,
and the leaders made no at
tempt to estimate how long it
will take Congress to finish its
work. Most observers are con-
WINGED it will take until mid
0CPOC4ilOC4'
Look for Reports
But the leaders were opti-
mistic that the committees
would bring out all of the i'm
portant bills on the Kennedy
program.
Their optimism even extend
ed to the main tax revision bill,
which has passed the House,
but is in more trouble in the
Senate Finance Committee
than any other part of the
Kennedy program.
There are indications that
this tax bill, involving an in
vestment credit to stimulate
business expansion, and a with {
holding system for taxes on
interest and dividends, may be {
the last big issue tackled before {
adjournment. \
If Senator Anderson succeeds
in getting the medical care bill |
through the Senate as a rider
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20
Medical Care Action
Pledged by Anderson
BY ]. A. OTEARY
star Staff Wrfter

administration definite assurance today Pres
dent Kennedy medical bill for the aged under social
security viii be called the Senate before adjournment
it does not get started in the House.
Senator Anderson Democrat of New Mexico told reporters
what he win try to attach other bill in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20

Brilliant in color :. absolutely lintless
:. and with q fine buoyancy, thanks
to the locked-on foam rubber backing
which makes a rug pad unnecessary. A
special purchase and not too many
of them, 50 If you want a real buy :.
here's your opportunity. a''
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20

Handsome two-toned lintless viscose rayon
face, Eliminated on to a buoyant foam rubber
back that eliminates any need for rug pad.
Use them in Railways or stair Allow 10" for
each step. Green, brown, beige, salt-and-
pepper or candy stripes.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-06-22

post as assistant to the Director
of Personnel us. Department of
Agriculture in Washington.
Bill Seabron is well known in
Minnesota where he served for sew
eral years as industrial secretary
of the Minneapolis Urban League
and made an enviable record and
many friends among all classes.
He made a similar record here in
Detroit where he was one of the
leading citizens, much sought after
by a variety of civic projects.
Seabron's appointment was an
nounced by the Department of
Agriculture headed by another
former Minnesotan Orville Free
man, Secretary of Agriculture.
Seabron's new position involves
development of a program which
is designed to increase the utiliza-
ton of Negro and upgrading and
other minority group employees,
He will take his new post on
July 8.
The Seabron family, Nevada,
Mrs. Seabron and their children
Deborah, Carolyn and Stephen may
remain in Detroit until the begin
ming of the Fall school term.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-06-22

condemned as slum property and
build new housing projects, but
excluding the displaced Negro
families.
According to Federal law"
Slayton said, displaced families
must be offered standard housing
at prices or rents they can afford,
in locations convenient to their
places Of work.
I'VE have reworked our reloca-
ton procedures to make as certain
as we can that housing win be
planned, will be made available,
and will be accessible to displaced
site occupants when the time to
move arrives.
1--WE have placed special en-
phasis on local relocation planning,
which has been the weak point in
a number Of programs"
In a number OF communities
adopting urban renewal, Negro
families summarily moved from
their homes, experienced the great
est difficulty in securing housing
at rent levels they could afford.
In particular, Negro families in
Providence, r. I. met with stub
born refusals by white landlords
to rent apartments to them. Pow
erful real estate syndicates welded
influence upon state legislators to
block the passage Of a bill which
would have outlawed private hous-
ing discrimination based on race,
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-06-22
Helen Snyder
Women's Day Speaker
M. OIivef, June "a

Mrs. Helen Snyder, president OF
the st. Paul Women's Baptist
church association will be the
guest speaker for the IL am. serv-
ice Of Women's day at Mt. Olivet
Baptist church, Sunday, June "a.
The subject to be discussed is
"Astigmatism, Result Of Spiritual
Dieting.
The wife of Rev. Alton Snyder
Of First Baptist church of st. Paul,
Mrs. Snyder is also a member OF
Mounds Park and Midway hospital
auxiliary and is active in many
phases Of christian service work
Music for the day will be furn-
ished by a women's chorus under
the direction OF Mrs. Lois Johnson
Mrs. Josephine Smalley Of Zion
Baptist church will be guest solist
for the morning worship.
Mrs. Jean Tucker will be the
guest speaker at the 4 pm. service
with Mrs. Barbara McGhee as
guest soloist.
A social hour will follow the
afternoon service.
Women's Day co-chairmen are
Mines. Lois Dobbins and Arear
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-06-22

creed, color, or religion.
Slayton indicated that regula-
lions distributed to 548 local re-
development agencies last week
amended the Urban Renewal
Manual by detailing a series Of
specific changes.
Included among the changes are:
(1) more timely and more concen-
trated attention to the relocation
needs and problems of displaced
site occupants; (2) closer coordin'
alton of urban renewal and public
housing projects; 81 improved
community information programs;
and az the submission Of more
detailed and comprehensive reloca-
ton programs.
Nearly 1000, 900 families will be
displaced through urban renewal
activities within the next ten years
The majority of the affected fam
lilies, judging from the basic pat
tern Of sub-standard housing, will
be Negro families with limited
incomes.
more precise and thorough re-
location planning" Slayton told
reporters, has assumed ever
greater urgency"
Under the newly promulgated
regulations, displaced families must
be given admission priority into
new or old public housing units.
Also, private real estate inter
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-06-22

ceived degrees at the schools 10th
commencement exercises.
Increased emphasis upon grad
uate education was demonstrated
by the fact that 1925 postgrad-
uate degrees We're awarded to
nearly so per cent Of the gradual
ing class.
DR.. Norman Topping, use presi-
dent himself member of the class
of 1888 also graduated from the
School of Medicine in 1858.
DR.. Topping also conferred hon.
orary degrees of Doctor of Laws
upon:
Charles L. Horn, Minneapolis
businessman, noted for his work
in the conservation of this coun-
try's natural resources, lay scholar
of theology, president of the DIN
Foundation, Inc, whose philan-
thropy has aided Independent col
leges and universities, particularly
in the field of engineering.
Ernest S. Marsh, Of Chicago,
president, chief executive officer
and chairman of the executive
committee Of the Atchison, Topeka
and Santa Fe Railway System, the
commencement speaker, widely re-
spected for his forward views and
for his confidence and faith in the
American private enterprise bus
mess system.
Sterling M. McMurrin of Salt
Lake City and Washington, DC,
US. Commissioner of Education, a
1915 graduate of use with a Doc
tor of Philosophy degree in phil
osophy, and member of the philos-
ophy faculty from 1916 to 1913.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-06-22

~ V y Al y Al esAAA Nh@sAN ONAANo
present Gov. Elmer L. Andersen
and presently an employee of the
Minnesota State department Of
Corrections Is well known In Min
neapolis and turnout the state.
Mrs. Jones is a graduate Of the
University of Minnesota and has
been employed by the Hennepin
County Welfare department for
the past years. The couple has two
adopted children.
Mr.. Jones has been very active
in civic organizations in the Twin
Cities. He helped organize the
present Twin City Council of
Clubs, was active in the Mime
apolis Big Brothers Association,
was active In the Junior Chamber
Of Commerce, the Community
Chest, Red Cross Fund Drive and
the NAACP.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-06-22

graduate of Kent State University,
Kent, Ohio; has done advanced
study at the University of Ken
lucky Graduate School and; holds
a Master of Social Work Degree
from the University of Pittsburgh
School OF Social Work, Pittsburgh,
Pennsylvania. He is 20 years of
age, single, and for the past year
has been employed as Community
Organization Worker with Barney
Neighborhood House, Washington,
DC.
AS Community Services Secre-
tary of the Urban League, Mr..
Grossman will have program re-
sponsibilities in the areas of Hous-
ing, Health and Welfare and Re-
search. Major emphasis will be
the development of programs de-
signed to; Strengthen Family Life,
Increase Housing Opportunities,
and deal more effectively with the
problems of adjustment faced by
the non-white segment of the pop
ulation.