davidaulloa/AmericanStories huggingface dataset:
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28

Baptist Training Union 8 P. M.
Prayer Meeting each Wednes-
day evening at 7:30 P. M,
followed by Choir Practice
Women's Missionary Society
Circles I, II, III meet each
Monday afternoon at 8.
Business Women's Circle meets
second Monday of each
month at 8. m.
Sunbeams each Monday at 3.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
PRESBYTERIAN CHURCH

PRESBYTERIAN CHURCH
Rev. Stanley Smafhers. Pastor
Sunday School 9:45 A. M
Morning Worship11 A. M
Young People P M
Evening Worship P. M.
Worship services held on the
Second, Fourth and Fifth
Sundays each month.
PRAYER meeting at 7:30 each
Wednesday night.
Women of the Church meet
each Monday afternoon.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
coxBURG Mp CHURCH

Morning Worship each First
and Third Sundays.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
Goodman

PRESBYTERIAN CHURCH
Rev. Stanley Smafher. Pastor
Sunday School--10 A. M.
Morning Worship--11 A. M.
Evening Worship--7:30 P. M.
Worship services held only or
the Third Sunday Of each
month.
Women Of the Church meet
each Monday at 9 a. m.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
E
BAPTIST CHURCH
3ev. Jimmv Jackson. Pastor
Cruger

CRUGER BAPTIST CHURCH
Rev. Jerry Brownlee, Pastor
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
METHODIST CHURCH
Rev. B. F. Lee, Pastor

Sunday School-10 A. M.
Morning Worship-11 A. M.
Youth Fellowship--6:30 P. NJ
Evening Worship--7:3O p. M.
Wesley Foundation-6:3O PM.
Prayer meeting each Wednes-
day at z p. m.
Woman's Society Of Christian
Service meets each Monday
at $3.50 p. m.
Wesleyan Service Guild meets
at 7:30 on the first Monday
Of each month.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28

LIBERTY CHAPEL
CHURCH
each First and Third Sum
day at 800 p. m.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
Worship this week

Is RsasyoF s AHiSF6@ I'm bTY
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
Lexington

FIRST p CHURCH
nev. p. 3. Braqd, Pastor
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
Acona
BAPTIST CHURCH

Hev. ]. B. Miller. Paste
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
BEULAH BAPTIST CHURCH

Rev. Roger A. Faber. Pastor
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1963-02-28
EASTSIDE
BAPTIST CHURCH

Rev. Charles Cooley. Pastor
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
CHICAGO
LIVESTOCK

CHICAGO AP)-(usDA). : Bors
o;UOO; fairy active, butchers uneven,
ABOUT STEADY with Tuesdays average;
sows steady; shippers took so per cent
butchers 15.5O-i8.6O. around So head
1875; 220-26O lbs. i4.75-I5. so: "a
25O-2g0 lbs. 14.25-14.75; 29O-33O
I3.25-14.O0; 4O0-5O0 lbs. i275oi3'5O:
2-3 50O-6O0 lbs. 12.25a12.75.
Cattle. $500: calves, none; trading
on slaughter steers slow, steady to 80
lower. best action on yearling steers
100 lbs: down. these about steady:
nelters fairly active. mostly steady:
COWS steady 70 so higher; bulls steady:
load lots high choice and prime /, 100
25.75, and load prime 1 1850 lbs. at
. tour-load string around 1880 lbs
1900 ID. steers 25.O0-25. as, Including
$50; number Of loads prime l,l5O-
1850 lbs. $3.50; bulk choice 900
1,15O lbs. 23.75-24.75; load high
choice 70 mostly prime 1000 los
25.75: choice 1,150-1 800 lbs. 23.50-
$50; scattered loads choice 1900
$50 lbs. 23.Q0-23.75; good gOO-i 200
lbs. 22.00-23.bO: few Standard IA. %.
81 90; choice S50-1 ,O5O 10. heifefs
-. 5O-24.50; several loads high choice
and prime cool ;025 lbs: $500; good
22.OO-2325: utility and commercial
cows 14;25-10.50:. Gamers and cutters
l2;OO-l4 -; utility and commercial
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
BY CHARLES YARDRoUeH

His history Of commercial
aviation. a new and sometimes
startling outlook, scrutinizes
the industry and the Civil Aero
nautics Board critically.
A former Air Force officer,
Mr.. Kelly has represented an
airline; served as special
counsel to the CAB and as an
assistant to the Secretary of
Commerce.
The book is current enough
to look upon the proposed
American Eastern. merger,
which is up for oral arguments
before the CAB today. On Dull
les Airport, he turns on the
after-burner:
IAN enterprising reporter will
likely discover for himself q
scandal Of truly epic proper
lions behind the location and
construction Of the vast new
Dulles Airport in Virginia while
the existing Friendship Airport
in Maryland is almost as close
and relatively little used"
\ Phillip Swatek, director Of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Seors Hits Snue
In Mutual Fund

CHICAGO, (AP).-Allstate
Enterprises, Inc, a subsidiary
of Sears. Roebuck Co., con-
firmed today that its plans to
launch q mutual fund may have
hit q legal snag.
An Allstate spokesman said
the plan would be held up
pending Qualification of a recent
securities and exchange COM
mission opinion.
The SEC on September 81,
1862, warned investment COM
panies that under certain
circumstances 1t was unlawful
for them TO hold securities on
any other interest In brokerage
firms or underwriters.
The Allstate spokesman said
this ouinion has been con-
strued by some legal experts
to mean that investment COM
panies could not purchase
Sears stock or must divest
themseles Of such stock II
Sears itself owned a mutual
fund.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
ON WINGS
How'll You Have
Weother-Loter?

Considered among most
pilots as one of the finest fly
ing aids since radio, the ex-
perimental "pilot-to- forecaster
service" (PTFS) will remain in
its present limited state
through this year unless funds
are forthcoming from some
other program.
The Federal Aviation Agency
and Weather Bureau had
widely acclaimed plans for ex-
panding the service to 20 sta
tons during the next fiscal
year and % more the year
after.
The FAA says that evalua-
ion of the plan, which has
been in effect at Washington
and Kansas City for more
than a year, was not completed
in time TO fit into the current
appropriation requests.
A spot check of pilots in the
Washington Area brought only
one response on value of the
service:
Indispensable"
The PITS gives the pilot a
direct radio contact with q
trained aviation meteorologist
and brings "customized" wealth.
er report specifically tailored
for the individual pilot and
his plane.
No one has ever accused the
airline industry of needing a
pep pill, though there have
been q number who contend
the energies of the big carriers
might be riding off in too many
directions.
They have a good jolt COM
ing from the book stores in a
piercing and certainly contro-
versial look by Washington
New York attorney Charles ].
Kelly, jr., THE Sky's The Linn
1t" (Crown-McCann. $3.50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Maryland Contractors
Headed by Coleman

Tracy c. Coleman, general
contractor Of Silver Spring,
Md, was installed as president
OF the Associated Builders and
Contractors at a Baltimore
meeting last night.
He is the first non-Baltimore
president of this open-shop
contractors group. which had its
origin in Maryland and has
spread to seven States.
He was installed by the re-
firing president, Charles E.
Marsh Of Centreville, Md, who
served two terms. Jack Sands
Of Towson became first vice
president and James Long of
Washington became second vice
president. Anthony Gall of
Baltimore is secretary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Bank Deposits, Loans
Decline During Week

Deposits and gross loans of
three major Washington banks
declined In the week ended
February Is, but remained well
above a year ago. the Federal
Reserve Bank of Richmond re-
ported today.
Deposits Of Riggs National,
American Security & Trust
and National Bank of Wash
ington aggregated $l,300.611,-
600 on February Is. compared
with $780, $4,000 a week
earlier and $1,217,283,000 on
February IA, 1862.
Gross loans totaled 1884,
$4,000, compared with $685.
175,000 a week earlier and
$602.551, 900 a year earlier.
Commercial and industrial
loans amounted to $149, 381 900
VS.. $149.336,000 a week earlier
and $l45, 10000 a year earlier
Real estate loans totaled $780,
$4,000 VS.. 5000, 722,000 a week
earlier and $172,322.O0 on the
like 1862 date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Dip in Income
Listed by Top
Broker House

NEW YORK (AP).-Merrill
Lynch, Pierce, Fenner & Smith,
Inc, largest brokerage house In
the world. reported today that
net income in 1862 dropped to
about half the 1861 figure.
Merrill Lynch, which is also
an international investment
firm, reported net income for
1852 at $11,568,343 compared
with $22,132,467 in 1861. Gross
revenues Of $146,953,549 were
the second highest in history
and compared with $l8l, l4l.-
039 in 1861.
Board Chairman Michael w.
Mccarthy and President George
j. Leness attributed the decline
to a 6 per cent drop in volume
on the New York Stock Ex-
change and a IS per cent drop
in volume in other trading
areas, such as the American
Stock Exchange and the over
the-counter market. Higher
costs and a heavy tax load,
apart from Federal income
taxes, also were factors in the
decline in profits, the officials
said.
The report was presented TO
financial editors Of Washing
ton newspapers at a Madison
Hotel luncheon today by Fran
els (Bill Hunter, a vice presi-
dent Of the firm and manager
of the office at BIS Fifteenth
street NV, and Harold Will
liams, manager at 1923 K
street NV.
Mr.. Hunter told newsmen the
Washington office in 1862 con-
tinued to rank fifth in the
amount Of profits they contrib
uted to the far-flung office
network Of the firm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Weodock Is Appointed
SBA Adviser Here

Robert L. Weadock, WASH
ington office manager for
Beloit Corp. has been named
to the District of Columbia adj
visory council of the Small
Business Administration, it was
announced by Arthur H. Doll.
Washington branch manager
for the SBA.
District council members are
part Of a Nationwide group of
individuals who know and
understand problems of small
business, Mr.. Doll said.
In addition to his activities
with Beloit Corp. Mr.. Weadock
is vice president and a director
of National Urban Developers
of Washington anc a director
Of Wackenhut Corp. Of Florida.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
BY TRUMAN r. TEMPLE
Star Staff Writer

A few months from now, II
all goes well, the first Of 90
million illiterate persons in
South America will begin
learning how to read, helped
by slides projected on the walls
of their adobe huts.
What will make this possible
is q new portable, battery
operated protector weighing
only II pounds, plus colored
slides, all produced in Wash
ington by the Robert J. Brady
Co.
The largest maker Of such
visual slides in the world, the
company has sold an estimated
30 million in the last dozen
years and Is now producing 5
million annually at its plant
at 100 @ street NV.
NATO troops use them to
learn the workings Of their
new rifles. Fire departments
in Spain train recruits with
them. Recently the govern
ment Of Ghana bought a set
to teach its citizens how to
drive cars.
When the average person
thinks Of slides, he means the
35-millimeter type widely used
by lobbyists and lecturers. The
Brady product is much bigger,
measuring 71a by 91a inches
and throwing q huge picture.
Versatile Mechanism
It's also far more versatile.
A viewer can keep all the lights
on in the room while watching
the screen. The special pro-
jector permits lecturers to face
their audience and look down
at the slide while talking, as
well as pointing out features
with a pencil.
Another addition is the over
lay, q device familiar to SER
vicemen using maps. This is a
transparent plastic covering
that may be folded over a slide
adding such features as capitals
Of states, topography, or
machinery parts. Up to eight
overlays may be added to a
Brady slide.
The fourth advantage is a
motion effect, produced by a
spinning disc Of polarized glass
between the protector light and
the slide. 1t creates the illusion
of fluids or sound waves NOV
ing across a drawing, much like
the blinking lights of a theater
marquee.
Printers Helper at IL
Mr.. Brady, a mild-mannered
45-year-old executive who
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20

per cent from $1,6s6. 469 at the
end Of 1861.
Net income for the year was
$45,216 after taxes. compared
with $3l,387 in 1861. Net be-
fore taxes was $72,096 VS..
$500
After dividends on the cumu-
lative preferred stock, net in
come was equal to 20 cents a
common share VS.. % cents on
fewer shares in the preceding
year.
Assets aggregated $2,578,631
on December 81, a gain Of 36.5
per cent from 1,8S8,58S a year
earlier. The company operates
four loan offices and a sales
finance office in Maryland and
Virginia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
TALKING or BUSINESS
Slide Protector Helps
To Bottle IIIiterocy

founded the private company
here after World War II,
started his career at the age of
II as q printers helper in New
York. During the war he picked
up valuable knowledge as as
assistant to the chief Of the
Navy Printing Plant In Wash
ington. After q brief period
making offset plates, he bought
out a partner and expanded to
produce educational slides.
The biggest change Of events
occurred in 1851 when he
decided to bid on an Air Force
contract at Mitchell Air Force
Base. Authorities wanted 40.-
900 slides, measuring seven
inches square. for training pur-
poses.
1.-THE other bids were around
SIS per slide, and when they
opened mine and found It was
48 cents, there was an uproar,
he recalls. He came back to
Washington, took some plastic
and proceeded to show them 1t
could be done.
Today the big transparent
slides account for about go per
cent Of his business. Another
is per cent is in producing the
large overhead" projectors,
but Mr.. Brady admits corporate
heavyweights such as Minne-
sofa Mining g. Manufacturing
Co. dominate the market In
this product. The situation
does not distress him.
I'VE love to see them sell
because we have the razor
blade to fit their razor" is the
way he describes it.
Sales Up Sharply
Other sidelines such as
printing brochures helped push
total sales last year to about
$1,750.OO0 for the company, a
sharp increase from the $780,
900 the previous year.
There seems to be no end
to the new uses for slides. One
three-dimensional model de-
veloped by the Brady company
shows the internal workings of
an Army rifle and can be
fired" in slow motion by the
instructor. More than 1000
have been sold to the armed
services.
Another set Of slides, de-
signed by the Army Nurse
Corps and being shown around
the world, teaches servicemen
how to deliver babies. It's sur
prising, the corps notes, how
often the instruction is put to
use.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
FNMA Earnings Dip
In Last 1862 Quarter

Net income from secondary
market operations of the Fed
eral National Mortgage Asso-
citation Jagged moderately be-
hind a year earlier in the final
1862 quarter, it was learned
today.
Earnings totaled $4,420.1l9
or $2.l6 a share, compared with
$4,729,904 or $2.45 a share in
the same 1861 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Supervisors of State
Banks to Meet Here

The National Association Of
Supervisors Of State Banks will
hold its annual spring executive
committee meeting at the In
ternational Inn April Us.
The committee also will meet
with officers Of the State bank
division of the American Bank
ers Association and officials of
the Federal supervisory agen-
cies.
Presiding will be the asso-
cations president, Norris E.
Hartwell, State bank examiner
Of Wyoming, and Committee
Chairman ]. M. Falkner, Texas
banking commissioner.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Whyte Urges Support
In Symphony Drive

Joseph L. Whyte. vice pres
ident Of American Security a.
Trust Co.. urged financial and
business leaders to support the
present $4,000 fund drive for
the National Symphony Or
chestra at a luncheon at Amer
lean Security today.
Mr.. Whyte. who is chairman
for the drive this year, invited
the executive heads Of many
large organizations to the
luncheon for a review Of the
orchestra's work in the COM
munity and its financial needs.
Ralph A. Cusick. who heads
the drives Business Committee,
was co-host for the luncheon.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20

in an interim report to stock
holders.
Sales for the six months
reached record $24,507,137, a
gain Of 1913 per cent from $2l,-
805.078 the same period a year
earlier. Total income rose to
$24,734,8l0 from $22,O96, O13.
Net income after income
taxes dropped to $296, 244, how
ever, compared with S452,1l3 a
year ago. Net before taxes was
$47l,670. compared with $778,-
S14:
Operating expenses rose to
$24,035,077 from $21, 098,70
and depreciation and amorti-
zation increased to 1928, 063
from $2l8.49S.
President Elsberg reported
the company continued to ex-
perience heavy expenses Incl
dent to consolidation Of its
operations in its large new
distribution center and also
from installation Of new data
processing equipment.
"Only during the latter part
Of this six months period did
we begin to enjoy some Of the
expected economies" he de-
clared. Benefits from these
innovations are expected to be
greater in future periods.
THE company now operates
70 stores and the steadily in
creasing sales are gratifying,
for they indicate the COM
pany's ability to forge ahead
despite the intense competition
which is experienced in our
sales area" he added.
The unaudited report, which
is subject to year-end adjust
ments, also listed current
assets of $11,186,043 and cur
rent liabilities of $4,488, 522 on
December 81, compared with
$l1,24l,192 and $6,986,l80 a
year earlier.
Total assets amounted to
$15,253,754, compared with
Sl4.o0l,l1l.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Kennedy to Address
Growth Conference

Measures to improve the rate
Of economic growth Of the
United States will be discussed
at the Mayflower Hotel Mon
day in what promises to be an
historic meeting Of President
Kennedy with the Nations fl
nancial, business. industrial,
farm and labor leaders.
Sponsored by the Ameri-
can Bankers Association, the
all-day event is being billed as
a Symposium on Economic
Growth"
1t has been arranged by
David Rockefeller, president
Of the Chase Manhattan
Bank Of New York, and will
mark the Tooth anniversary Of
the signing OF the National
Currency Act by President Lin
coin on February rs, 1853. This
act created a national cur
rency and a system Of FEEDER
ally chartered national banks
10 take their place with al
ready established State banks.
President Kennedy is ex-
pected to outline his admins
tration's official views on fac
tors which will contribute to
economic growth. He will adj
dress the opening session. Pre-
siding will be M. Monroe Kim
bel, president of the ABA and
board chairman of the First
National Bank of Thomson,
Ga.
Hold Varied Views
The President will initiate
a series Of four sessions which
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
1862 Gains Reported
By Major Finance

Loan volume of Major FL
nance Corp. totaled $3,954, 1897
in 1862. a gain Of 43.7 per cent
from $2,751,379 in 1861, Presi-
dent Morton Sturt announced
yesterday,
Total receivables of the IL
year-old Silver Spring firm
amounted to $2.464,115 at the
years end, an increase Of 45.2
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20

will be devoted to discussions
Of the American and European
growth experience, with par
ticular reference to recent de-
velopments: Federal financial
policies. including the struc-
ture and level Of taxation, and
public and private policies and
practices which enhance or
deter growth.
The first session on the
American growth experience
viii be opened by Prof. Paul
w. McCracken Of the Univer-
sity Of Michigan, who will re-
view factors that have en-
HANGED or deferred growth
rates. reasons why growth
rates have tended to vary and
prospective growth rates for
the next five to 10 years. Per
Jacobson, managing director
Of the international Fund. will
discuss Western European
growth experience.
Set For Afternoon
After luncheon from 1880 to
2 PM, two sessions have been
scheduled on Policies for
Growth"
Prof. Paul A. Samuelson Of
the Massachusetts, Institute Of
Technology win speak at the
third session, devoted to Fed
eral financial policies.
George j. Stigler Of the Uni
versity Of Chicago viii address
the fourth session on public
and private policies and prac-
tees (other than fiscal and
monetary policies) which en-
nance or deter growth.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Labor Department
Sues United Biscuit

CHICAGO (AP).-The United
States Department Of Labor
filed a suit today that accused
the United Biscuit Co. of vio-
lating Federal laws governing
the payment Of overtime.
The suit alleged that the
company repeatedly has vio-
lated laws covering overtime
payments since January /. 1858.
and has failed TO keep accurate
records Of work by employees.
II asked the United States Dis
trict Court for an injunction
against such practices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Eurninqs

b. r. Goodrich Co. in year
ended December 81 earned
$26,333,763 or $2.87 a share VS..
$3l, 034.50O or $3.50 a share in
1861.
New York Stock Exchange in
year ended December 81 had a
net income Of $1,919,834 VS..
$1.597.628 in 1861, a 20 per
cent increase.
Western Air Lines, Inc, in
year ended December 81 earned
$5,014,000 or $3.50 a share VS..
1854, 900 or so cents in 1861.
Mead Corp. in year ended
December 81 earned $14,048, 900
or $2.51 a share VS.. $12,025, 900
or $2.16 in 1861.
Norton Co. in year ended De-
cember 81 earned $l4,l84,370
or $2.68 a share VS.. $10,863, 274
or $2.05 in 1861.
Screen Gems in 6 months
ended December 30 earned ST.
655,508 or IS cents VS.. $1,372,-
727 or 81 cents in 1861 period.
UpjOhn Co. in year ended
December 81 earned $23 ,255, 900
or $l.64 a share VS.. $22, 756, 900
or $l.60 in 1861.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
OVER COUNTER

=, Following prices furnished by the Ma.
iona Association Of Securities Dealers In
washington represent the range within
which locally active securities could have
been bought or sold al l pm. Wednes.
day February 20. 1853:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
Drug Fair Sales Climb,
But Expansion Expenses
Cut Profits Sharply
BY DONALD b. HADLEY
star Financial Editor

Although sales have moved to al-tme peaks earnings
OF Drug Community Co down sharply from year
ago in six months ended December 81 abnormally
heavy costs incident to its expansion program.
This disclosed today by President Milton l. Elsberg
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
TREASURY BONDS

NEW YORK (AP) Moon over the
counter us. Government Treasury bonds,
bid, asked. net change and Sield ior
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
BUSINESS
BRIEFS

Electricity Production in the
Nation rose last week to H.
672, 100000 kilowatt hours from
1889, 100000 the previous
week, an increase Of 8.6 per
cent over the comparable week
in l962-Edison Electric In
stitute.
New Car Registration In the
United States in 1862 was
6,938,S63, second only to the
7,169,908 registered in 1855.
The total included 339,160 for
eign cars.-R. L. Polk & Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
MUTUAL FUNDS

NEW YORK (AP)
= Nationa Associa-
ton Securities Deal
are lao
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-20
AMERICAN STOCK EXCHANGE
Furnished

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