davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
BUSINESS
BRIEFS
BituminOus Production

BituminOus Production In
the week ended April 20 totaled
100000 tons compared with
8.965,00 in the previous week
and 8,759,000 in the like week
a year ago.-National Coal AS
ISOLATION.
United States Imports In 8
ended March 81 totaled
$16.3 billion after seasonal ad-
justment, down 10 per cent
from the previous quarter. but
up 2 per cent from the like
period a year ago.-Commerce
Department.
Crude Petroleum Stocks,
domestic and foreign, on April
20 totaled 239.543,00 barrels,
up 727,000 for the week. -
Bureau Of Mines.
Chrysler Corp. and the
United Auto Workers have set
up a Joint study committee to
explore collective bargaining
problems a year in advance of
the 1864 labor contract nego-
tiations.
Acme Markets, Inc, sales in S
weeks ended March 80 totaled
$lO6. 1853, 703. up 81 per cent
from 1862; for 50 weeks ended
March 80. $1.0S1 ,06l up as per
cent from 1862.
Neisner Bros, Inc, sales In 4
weeks ended April 20 totalec
Sc, 048,1 down Ssh per cent
from 1862: for 10 weeks ended
April 20, $1s.s57.316, down a.
per cent from 1852.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
YOUR MONEYS WORTH
Rise in Business Spending
Assures Vigor in Economy

The United States is on the
threshold Of an increase in bust
ness spending for moderniza-
ton and expansion Of factories
that will guarantee improve
ment In the economy.
With nsumer spending,
business spending and Govern
ment spending all heading up
ward now, the economy can't go
anywhere but up. New records
will be set this year. The expan-
sion which began In February,
1861. and is moving into its
9th month. is gaining new life
and vigor. The obvious improve
ments in business and consumer
confidence recently have been
Of vital help.
The question, therefore,
shifts to the outlook for 1864.
It could be that 1854 will be
another highly prosperous year.
1t well may be If Congress gives
business and consumer spend
ing additional stimulation
through tax reductions for cor
porations and individuals to
take effect in 1864.
This is what I think is
the meaning Of the 10th annual
survey of business plans for
new plants and equipment by
the McGraw-Hill Department
of Economics, released on Fri
day.
The results are reassuring
and confirm the guess that
business has been expanding
plans to invest in new factories
and equipment since the
Government survey in February
estimated this type of spending
at 1891 billion in 1868, I'D S
per cent over 1862.
McGraw-Hill's survey, made
in March and early April, raises
this estimate to an all time
high Of $40.1 billion, up Z per
cent. Every fraction Of a per
cent change in this spending
is crucially important not only
because Of the huge sums
involved but also because
spending on plants has q far
reaching impact on profits
paychecks and jobs.
Government spending is ris-
ing. Consumer spending Is ris-
ing. Business spending is risine
and the pace is accelerating ir
the bellwether durable good,
industries particularly.
Significant as this is, it's not
the only significant part Of the
survey.
Most significant. too. is that
business already plans to spend
in 1964-65-66 almost as much
as this year. All previous sur.
veys have indicated that pre-.
liminary plans for more thar
one year ahead are understated
and thus the probability is that
business spending will remain
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28

ington company among only %
United States companies with
as much as So billion of ordi-
nary life insurance in force.
Acacia's sales In the first
1868 quarter rose to ISL, $685.
1913, also a record for the period
and an increase Of 20 per cent
from a year earlier.
Assets reached a new peak
Of $446,2l0.275 on March 81,
with a gain Of $4,241,O38 for
the three months. Income of
$l8,08l 500 was up around AZ
per cent.
Improved general economic
conditions and a new line OF
policies instituted last Septem-
Der l have been factors in first
quarter results, Mr.. Kacy said.
Acacia was one Of the first
companies to adopt the 1858
mortality table and made ad-
justments In terms Of its pol
icies to meet modern conditions,
he pointed out.
Among the changes was q
lowering Of the paid-up en-
dowment age for women to
81 from IS.
With more cash to invest
than q year ago, Acacia in
vested nearly 8 million in mort
gage loans during the quarter
and invested nearly 81 million
in bonds and stocks, Mr.. Kacy
reported,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
Kuhn's JeweIy Store
To End Operations

A Kahn, Inc, which has
operated q jewelry store on F
street. NV. between Ninth and
Tenth streets, since 1892, will
60 out Of business. 1t was an
nounced yesterday by General
Manager J. Dent Farr.
Arthur J. Sundlun, who sue
eeeded the firms original presi-
dent, A. Kahn, In 1922, recently
retired because Of poor health.
"Rther than join the trend
to lower quality merchandise,
we are going out Of business, /"
said Mr.. Farr.
A four-faced clock in front of
the store has been q Washing
ton landmark for many years.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
U. S. Chamber Opening
Meeting Here Today,
Rops Contract Politics

be constructed in this coun-
try, owned by United States
citizens and operated under
United States registry.
Similar proposals are to be
made for domestic air trans
port, but the committee would
permit airlines to continue to
buy foreign-built planes.
The committee, In a revision
Of previous policy. would not
object to the postal services
charging to public service the
full deficit on mailings Of des-
ignated nonprofit organiza-
tons. 1t would also support
the eventual elimination Of
rate concessions to such
mailers.
In the area OF Government
business relations. the commit
tee will recommend:
Support Of the Federal Trade
Commissions new policy Of
offering advisory opinions to
businesses.
Support of new authority for
the ETC to seek preliminary
injunctions in courts on all
matters within Its jurisdiction.
Opposition in merger cases
to any shift In the burden of
proof from prosecution to re-
spondent.
And support Of industry-wide
compliance programs that
would avoid penalizing Q single
firm for a practice common
In its industry.
The Policy Committee win
continue to meet during the
convention and could withdraw
support or revise any recom-
mendation before it Is pre-
sented to the delegation
Wednesday. .
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
Committee Named
For Bank Convention

Douglas r. Smith, president
of the District Bankers Associ-
alton, yesterday listed the heads
of Washington banks and a
number Of associate suburban
banks as members Of the gen.
eral committee for the 45th
annual convention Of the as
ISOLATION at the Greenbrier in
White Sulphur Springs, w. Va,
June 1916.
AS previously announced,
A. Murray Preston, vice presi-
dent Of American Security &
Trust Co., will serve Is gen.
eral chairman. James P. Ben
fer, jr., vice president and
trust officer of Riggs National,
will be vice chairman. Mr..
Smith is president Of National
Savings and Trust Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
Earnings

Loew's Theaters, Inc, In 26
weeks ended February % earned
1882, 100 or 26 cents a share VS..
$l,l68,6 or a cents in 1862
period.
Brunswick Corp. in 8 months
ended March 81 had a loss Of
$500, 900 VS.. earnings of $3.l47.-
900 In 1862 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28

places for IA tellers. Two new
outside walk-up teller windows
and additional parking will be
provided. A larger employee
lounge also is planned.
Architects for the redesigning
are May and Rupert Of WASH
ington. Frank j. Sullivan
Associates are consulting engi-
neers and Scullen and Mar
chigiani are structural engi-
neers. Joseph F. Nobel Co. is
the contractor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
GEICO, Athletes
Report Bio Gains

Government Employees In
surance Co. and three affiliated
companies made impressive
gains In the first 1868 quarter.
reported L. A. Davidson, presi-
dent Of the companies.
GEICO's assets set q new
record of $130,s13,922 on March
81, compared with $1l4,153,222
a year ago. Policies in force
totaled 896,138 compared with
821 ,254 a year ago.
The company wrote $22,-
767,376 Of premiums in the
three months. compared with
$19,632,374 a year ago. Net in
come after taxes was $1,556,412
VS.. $1,248.698.
Government Employees Life
Insurance Co. has premium in
come Of 81, 665, 1896 in the quar-
ter, compared with $1,423,847
a year earlier. Life insurance
in force amounted to $347,-
49, 98 on March 81, compared
with $274,509,973 on the same
1862 date.
Net income Of Government
Employees Corp. totaled $204,-
1853 or A cents q share after
taxes in the quarter, compared
with $144,532 or 81 cents q
share a year ago. Loan volume
expanded to $7,179,874 from
$5,462, 1863.
Criterion Insurance Co. had
assets of $5,810.662 on March
81, compared with $3,785,855
a year ago and had 81 1895 pol
icies In force VS.. 8,545. This
youngest affiliate wrote pre-
miums of $1,014,970 in the
three months, compared with
$52I,538 a year ago. It had q
net loss of $203,016. compared
with q deficit Of $80.543 a year
earlier,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
State Loan Earnings
5Pct. Above Year Ago

Net income Of State Loan &
Finance Corp. amounted to
Sl,778,789 after taxes in the
first three months of this year
an increase Of 5.4 per cent
from Sl,6S9,470 in the same
1862 period, President Davis
Weir reported yesterday.
Earnings were equal to AZ
cents O share on Class A and
3 common stocks, compared
with 40 cents a share a year
earlier.
Loans and contracts made
and purchased in the three
months reached q new high
of $94, 604,l58, an increase Of
IS per cent from $83,882.l36
In the same period last year.
Outstanding receivables ag-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
Dividend Declared
BY Central Choroe

Directors Of Central Charge
Service, Inc, have declared the
usual quarterly dividend Of 5
cents a share on common stock,
President j. p. Stakeholder
announced.
The latest dividend will be
paid March 81 to stockholders
Of record at the close on
May 20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28

CONSTRUCTION will start this
month and the enlargement is
expected to be completed next
fall. The original branch build
ing was completed in 1885 and
was the only structure per-
mitted to remain in its square
in the current Southwest Urban
Renewal Program.
The larger office will have
double the present number Of
safe deposit boxes. a much
larger night depository and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
H. G. Smithy Arronges
So Million Loan

H. @. Smithy Co. has ar
ranged q $3-million long-term
mortgage loan with Manufac-
lures Life Insurance Co. Of To-
ronto. Can, on two eight-story
apartment buildings to be
known as Congressional Towers
on Congressional Airport Lane
overlooking Woodmont Country
Club near Rockville, Md.
The project will be owned
by Milton and Howard Po-
linger, Stanley Rakusin, Arthur
p. Decker and others. Cohen
and Haft are architects and
Merrimack Engineering Corp
Is contractor. Occupancy has
been scheduled for June /.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
SLIGH TO RETIRE
FROM NAM POST

NEW YORK (AP).-
Charles r. Sigh. jr, said
today he will retire April
80 as vice chairman Of the
board Of directors Of the
National Association Of
Manufacturers to devote
more time TO his furniture
manufacturing interests at
Holland, Mich. Mr.. Sigh
Is board chairman OF
Charles r. Sigh Co. and
Sligh-Lowry Furniture Co..
both Of Holland. Mr.. Sigh.
who is a former president
Of the NAM. said he
will continue TO take part
In the associations affairs
as an honorary vice presi-
dent and director.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
McLochIen 7 ripIesSouthwest Branch

McLachlen Banking Corp.
will triple the space Of its
Southwest Washington branch
at Twelfth and D streets S.W.,
to meet the needs Of this fast
growing urban renewal section.
L. P. McLachlen, board
chairman. said yesterday addi-
tons to the building and g.
complete redesigning Of the
interior will follow the Colonial
style Of the present building.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28
D. c. Insurance Firms Report Big Gains
Acacia, GEICO Sales
AndNetWeII Above'62
BY DONALD b. HADLEY
Star Financial Editor

With sales of insurance running well above a year
Acacia Mutual Life Insurance Co. had 900 of
life insurance in force March 81 President Howard W.
Kacy announced yesterday.
The record compared with previous peak of 81 $685.
900 at the end of 1862 and placed the Wash
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-28

gregated 1882 1864 on March
81, a gain Of 81 per cent from
$208,2ll,23l on the same 1862
date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-25
Roast Duck Fine Choice
For the Small Family

"a cup chopped onion
2 tablespoons butter or mar
garine
"a teapsoon salt
70 teaspoon white pepper
"a teaspoon ground thyme
"a cup cooked rice
"a cup coarsely chopped
Sauerkraut
4 cups bite size shredded rice
biscuits crushed to 2 cups
Heat oven to 1926 degrees.
Brush duck with oil or melted
butter. Place on rack in
shallow pan. Basic every 20
minutes. Bake 2 hours or
until tender and well brown
ed. Cover apricots with cup
boiling water. Let stand 80
minutes. Drain and chop ap-
pricotS. Cook celery and onion
in butter. Add all ingredi-
ents except duck. Mix well.
Put dressing in 1-quart cas-
Serole. Bake Is minutes or
until thoroughly heated. -Four
cups dressing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-25
By VIOLET FAULKNER
Food Editor of the Star

There may be any
number of reasons why
you have decided to
switch from turkey to
another kind of poultry
for your Thanksgiving
Day feast this year.
Perhaps your family is too
small to handle a whole tur-
key without facing a week of
leftovers; maybe you're a
twosome, or maybe you're
just in the mood for a
change.
Whatever kind of poultry
you choose, your dinner can
still be festive. =
To help you come to a de-
cision, we have several sug-
gestions to offer roast
duck with rice stuffing; Rock
Cornish hens baked atop a
corn flake-pecan dressing anc
served with a currant sauce;
duckling a lorange with wild
rice, or a stuffed broiler for
two.
With the roast duck, you
might serve mashed sweet po-
tatoes, buttered broccoli,
tossed green salad, toasted
rolls, coffee ice cream with
nesselrode sauce, and coffee.
If the entree is going to
be Rock Cornish hens, round
out the meal with candied
sweet potatoes, buttered as
paraguS, fresh fruit salad,
pumpkin pie and coffee.
Serve wild rice with the
duckling al'orange along with
green beans, acorn squash
relish tray, pumpkin ice
cream molds and coffee.
To complete the roast
chicken for two, add mashed
potatoes, buttered peas and
onions, nodded cranberry sal
ad, hot rolls, relisheS, but
terscotch-rum sundae and
coffee.
Here are the recipes for
preparing the poultry.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-25
Cornish Hens

p cup chopped fresh mush-
rooms
"a cup chopped celery
3 tablespoons chopped onion
"a cup butter or margarine
"a cup light raisinS
" cup chopped pecans
l teaspoon salt
70 teaspoon poultry season.
ing
AZ cups corn flakes, crushed
to make 11a cups crumbs
"a cup hot water
4 Rock Cornish hens, about
pound each
Saute mushrooms, celery
and onion in 70 cup butter
or margarine until onion is
soft. Add raisins, pecans, u
teaspoon salt, and poultry
seasoning; mix well. Stir in
cereal crumbs. Add water
and toss. Spoon into COW
cred baking dish. Bake in
oven with Rock Cornish hens
during last 80 minutes of
roasting time.
Clean hens; salt cavities
with remaining " teaspoon
salt. Truss. Place on rack
in shallow baking pan. Roast
in moderate oven (375 de-
grees) until tender, about
hour. Melt remaining butter
or margarine. Brush hens
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-25

several times during cooking
time with remaining melted
butter or margarine. Serve
with currant sauce. Four
servings.
Currunt Suuce
+ jar 90 ounces currant
jelly
/ tablespoon vinegar
" cup light corn strip
70 teaspoon cinnamon or
ground cloves
Combine ingredients. Place
over low heat; simmer until
jelly meltS and flavors blend.
about 5 minutes. Makes "
cups sauce.
chicken FOR Two
21a pound whole broiler-
fryer
u teaspoon salt
2 tablespoons soft butter or
margarine
Paprika
"a cup butter or margarine
"a cup finely chopped onion
cup packaged herb-sea-
soned Stuffing
2 tablespoons flour
! cup chicken broth or l
cup canned clear chicken
broth
Remove giblets and neck
from chicken; set aside to
make chicken broth for gravy
Wash and dry chicken; rub
inside with u teaspoon salt.
Melt 2 tablespoons butter:
Saute onion until tender.
about 5 minutes. Add Va cup
water and the herb-seasoned
stuffing, fluffing up with
fork. Lightly fill body cav
ity Of chicken with stuffing.
Bring skin over neck OPEN
ing; fasten to back with
poultry pin. Close body cavity
with pins. Pin wings to body
and tie legs together at ends
with Irvine. Place chicken on
rack. breast side down in shall
low pan. Brush with / ia.
bleSpoon butter. Roast, un-
covered, Is minutes. Turn
chicken breast side up. Brush
with remaining butter, sprin-
kle with paprika. Roast IA
hours longer. or until done.
Remove chicken to warm
See FAULKNER, Page D-2
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-25
Roust Duck
Rice Stuffine

/ duck, 4 to 5 pounds
" cup dried apricots
/ cup boiling water
u cup chopped celery and
leaves
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-25

several times during cooking
time with remaining melted
butter or margarine. Serve
with currant sauce. Four
servings.
Evening star., 1963-01-06
CHICAGO
LIVESTOCK

CHICAGO, Jan. (AP). - Butcher hogs
advanced rs cents a hundredweiqht this
week on offerings over 240 lbs but lighter
klnds held about steady with uniform
lots Of l9o,22o Founders scarce.
Inc supply, was little changed from
sne previous holiday week but the market
TOT wholesale pork tilted toward weak.
ness. Some cuts were as much as 50
cents hundredweight lower.
slaughter steers recovered a good deal
m lhlr early losses and closed stady
TO so cnts lower with the decline mostly
on offerings grading high choice and
PRIME, ad Early IN hte week, the setbscks
Some Of the weakness was ascribed
70 a shrinking demand from Eastern
markets that normally acquire a large
percentage Of prime carcasses, particu.
larry those over 700 lbs.
tUSDA hogs compared Friday last
week -barrows and gifts steady 10 rs
higher with the advance mostly on
weights 240 lbs and up. Sows steady M
IS higher. Barrows and gifts: al the
close, No. ! and lo0-220 10 I6. .50.I7 oo,
couple hundred head at 100 and 90 head
US. MIXED No. l-3 ls0-230 lbs 1900
IeI5, 230-260 lbs l5.50-l6.00, No. q and 4
25o-3o0 lbs lS.oo-l5.60, several loads 2so.
~ Ids I4I5.l5:3. SOws: mixed No. 10
10000 ID l3.75-l5.I5, 400 500 lbs IL IS.
l3;IS, No 2 and .50o-62S lbs I225.l2.7
Slaughter steers steady to 50 lower
with best action on yearlings 100 lbs and
down decline mostly on high choice and
prime. Heiiers steady to so lower Cows
strong to Is higher. Bulls $3.50 higher.
slaughter steers: Monday three loads
prime ll50-l325 lbs 5000 with nigh choice
and prime ll00-l300 lbs 2e.OO-2e so,
Wednesday, prime and high choice and
prime $50. 1900 lbs 2s.5o-2S.0o, half dozen
or so loads at 300, late, bulk choice
SOO-l30 lbs 26.1S-2s.25, narrowest spread
on choice since July, good 24.s0-26.5 so.
Slaughter heifeTs: Monday, short load
prime 100 lbs $3.50 and Wednesday load
nigh choice and prime 1000 lbs 2s.2S,
lot the week most choice 26.25.27. so,
Utility and commercial bulls l9. OO-21 50
Evening star., 1963-01-06
Airline Fare Clutter
Decried by UAL Chief

NEW YORK, Jan. S CAP).-
The head of the Nations lare-
est airline says misguided ef-
forts to tap a mass air trans
portation market has produced
a clutter" of fares and classes
of service.
mo such market exists" said
w. A. Patterson, president OF
United Air Lines.
United plans in the spring to
offer single class service, sub
Iect to approval by regulatory
authorities, Mr.. Patterson said
in year-end review and ap-
praisal of industry prospects.
The United boss forecast a
4 per cent gain in 1868 in rev.
enue passenger miles, both fol
his company and the airline
industry.
Evening star., 1963-01-06

Win bankruptcy or receiverfhip or be-
inF TeOrHaniycd under the Bankruptcy
Act, or securities assumed BY such com
panles M=EN.lntefest ct-CertiiicAtes
Stamped f-Dealt In fiat, x-Mntured
bonds, neEotiAbility impaired BY maturity
ndaNeN dAy delivery cld-CAlled
xW-Ex warrants ww-With warrants.
Evening star., 1963-01-06
1862 Tradinq
On Annex Far
Under 1861

NEW YORK, Jan. S (Spe-
ciaD The American Stock
Exchange had its fourth most
active year in history in 1862,
with 308.6 million shares
traded. The record year re-
mained 1861 when 488.8 mil
lion were traded.
The biggest day for Annex
came May 20, when 5,332,77O
shares changed hands. 1t fol-
lowed blue Monday" which
chalked up the second biggest
day Of trading with 2,980,195
shares.
For American, however, the
biggest news was not volume
but a drastic reorganization of
its operation from a committee
to a staff system. On June rs
the membership by overwhelm-
ing vote ordered responsibility
for operations put in the hands
of new president, Edwin D
Etherington, and his staff. A
new board was elected two
weeks later.
The changes came after the
Securities and Exchange Com
mission a year earlier ordered
two specialists expelled and
launched a sweeping investiga-
ton of the exchanges prac-
tices.
Evening star., 1963-01-06

L-odles IN tull.
split Indicates splt-up or stock dis.
tTibutiOn In excess Of IS per cent during
l962; no net change shown.
Rates Of dividends in the foregoing
table are annual disbursements based on
the last quarterly or semi-annual declara.
ton. Unless otherwise noted, special OF
extra dividends are not included.
a-Also extra or extras. b-Annual rate
plus stock dividend. d-Declared or paid
IN 1901 plus stock dividend. e-DeclaTed
or paid so far this year. f-Payable In
stock during 1861, estimated cash value
on eX-dividend or redistribution date
g-Paid last year. h-Declared or paid
after stock dividend or split up. k-De.
elared or paid this year, an accumulative
issue with dividends in arrears. p-Paic
this year, dividend omitted, deferred OF
no action taken at last dividend meeting
r-Declared or paid in 1852 plus stOcl
dividend. Playable In stock during 1862
estimated cash value on ex-dividend OF
dend.
cid Called. xd-Ex dividend. x-dis-E,
distribution. Mex rights. ww-Withou
warrants. ww-With warrants wd-Wher
distributed. w-When issued. nd-Nex
day delivery. w-WsTrants. ur-undeI
rule.
Win bankruptcy or receivership o.
being reorganized under the Bankruptc,
Act, or securities assumed by such com
panies.
AaHuuHraN unN,rn
Evening star., 1963-01-06
AMERICAN EXCHANGE SALES IN 1862
NEW YORK, Jan. s. (APl

NIW IOfNN, JdII, D NHFJ,-
Following is a table of transac-
tions in the stocks and bonds
on the American Stock Ex-
change during the year 1862. 1t
gives the yearly sales, high, low
and last prices and the net
change from the previous year
on the stocks and bonds listed
prior to January /, 1862.
Evening star., 1963-01-06
ANNUAL LEADERS

NEW YORK, (AP) Sales, high,
low, closing price and the net change
change stocks for the year 1852 Sales
are in hundreds