davidaulloa/AmericanStories huggingface dataset:
Milford chronicle., 1963-12-06

Lucy Y. Lathrop, ct al tc
Russell B. Myers & Dorothy
Jean, Lewes & Rehoboth Hd.,
lot 43, Henlopen Ave., HenIoper
Acres.
Charles T. Millman to Harold
P. Grant & Jean NJ, Lewes &
Rehoboth Hd., lot 9.
Harry A. Shaud & Va. M. to
Henry G. Steinle & Almira G.,
Lewes & Rehoboth Hd., lot 9,
blk. Al, Dewey Beach.
Aurelia Wisniewski to State
of DEL, Lewes & Rehoboth Hd.,
"a So. #.
VIM. J. Tingle, ct al to Ed.
M. Tingle, Baltimore Hd., s
acres with imp.
Richard E. Oberg & Dorothy
A. to VIM. Bryan McGinty &
Shirley S. to Phillip H. Bolger
& Gloria, Baltimore Hd., lot 06,
blk. IA, Bethany Beach.
Walter 1. Rogers & Ida Mae
to Lee Albert JONES & Nadine,
Dagsboro Hd., lot.
Edwin L. Fisher & Frances M.
to Willis S. Holland & Marie c.,
Lewes & Rehoboth Hd., lots IL &
l3, blk. %.
Clara M. Evans, ct al to
Ernest M. Hall, Baltimore Hd.,
H2 acre.
Farmers Bank, Trustee for
Chrystal Edna Davidge to Cliff
ton L. Bennett, BALTIC. Hd., :
AS acres with imps.
Gerald j. Bowes & Madolyn o.
to Glenn B. Argo & Joyce A.,
Cedar Greek Hd., lot.
VIM. X. Dukes & Jacqueline
w. to Glenn A. Bowen & Norma
Lee, Seaford Hd., lI2 acre.
Bette B. W. Evans & John
W., Jr., to Raymond A. Massey
& Doris l., Broad Greek Hd.,
lot 8.
Donna !. Dickerson to Irene
D. Graham, Little Greek Hd.,
I2 int. lot with imp.
Charles S. Calhoun & Helen
F.; Norman R. Calhoun & Ger
trude to John W. Elliott, George
town Hd., | acre.
Howard H. Killen & Frances to
The State Of DEL, Cedar Greek
Milford chronicle., 1963-12-06
Ten Years Ago :.

Taken from Dec. II, 1853 Issue:
The American Stores Com
psny will open a new handsome
Super Acme Market at the cor
ner Of Montgomery and South
East Front Streets, Milford,
next Thursday morning, Dec
amber IL, at nine o'clock. The
new modern structure contains
1900 feet Of floor space and IS
ia feet In depth by sixty feet
wide.
Mr.. and Mrs. Nelson Short
are the proud and happy par
snts Of a fine baby girl, born
In Milford Memorial Hospital,
Thursday, December 3rd. She
has been named Kathleen Elaine
Short. The happy grandparents
are Mr.. and Mrs. Carl Short
OF Lynch Heights.
Seaman Apprentice Robert G.
Nsssick, having completed his
basic training at cambridge,
Md, which was followed by a
leave Of two weeks here with
his parents, Mr.. and Mrs.
Edwin p. Mssslck, and has now
been sent to Dispursing School
Milford chronicle., 1963-12-06

flies don't eat much. Instead.
the growing or larval stage is
when most Of the feeding is
done. The food Of these young
fireflies often consists of snails
and certain caterpillars. So they
not only give us the pleasant
flashes Of light at night, but they
feed on some Of the pests which
damage our gardens.
The glowworm is a firefly
without wings. Actually, the male
glowworm has wings but he does
not glow.
In some parts Of the world
firefl1es are captured in large
numbers to be released for lawn
and garden parties.
Milford chronicle., 1963-12-06

feet, and with reinforced tire
chains the car is stopped in SO
feet.
The braking distance on regu-
lar tires on dry pavement at the
same speed is only 81 feet. To
figure reaction time - which
averages thr e-quarters of
a second - add % feet to the
figures.
Copies of nSkid Stuff are
available on request to the Della
ware Safety Council, dupont
Building, Wilmington.
Milford chronicle., 1963-12-06

NEW YORK (APS Theypicked
the right ribbon for the job when
the press building at the New York
l964-65 Worlds Fair was dedi-
cated. Used in the ribbon-cutting
ceremony was an oversizedblack
ana red typewriter ribbon.
Milford chronicle., 1963-12-06

VIM. T. Smith & Va. L. to
Margaret E. Selph, Little Creek
Hd., lot #8.
John J. Cummings to Joseph
S. Triglia, Jr., Little Creek Hd.,
l.66 acres with imp.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
BOOKKEEPER

ACCTS. RECEIVABLE
Immediate opening. Prefer some
experience. Excellent starting sal
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
son PERSONNEL
ASSISTANT
RECEPTIONIST
MANAGER 500

This Job has al the makings Of
that dream Job" you've been
thinking about. Work for one
man in an ultra-pluSh office on
wisconsin avenue. You'll be re-
sponsible for the major liaison,
greeting clients and tipping crea-
tive correspondence. The ''boSs"
IS usually out, therefore be needs
a young girl with her feet on
the ground. BETTY GRAY
EMPL., 626 woodward Bids, ST.
g--I99
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
lOkERAGE TYPIST q
TYPIST. S100

BROKERAGE TYPIST SO
TYPIST, 500
"Nancy's Big Pay Check"
Like money? / need a girl or ma
ture woman who can type well.
know q stock broker who will pay
top money TO start for Just such !
girl. Incidentally, this Job is fun,
too. NANCY ADAMS PERSONNEL,
202 Hill Bldg. 9th and Eye SITS,
N.W) DI. 7-S2s3.
CASHIER for cafeteria to work al
ternate week ends, exper. neces-
sary. Apply between Q am. and
pm, Mon. through Fri. Person
mel Office. PROVIDENCE HOS
PITAL, 1850 Varnum st. ne.
CASHIER-CHECKERS needed. See
our ad under obstruction Courses.
CASHIER TRNG. INST. ME. e-A62a
CASHIER Clerk-typist, some exper
fence required in cashier automo
tive. Good with Z cures. 5-day
week. Call Mr.. Jolley, BILL PAGE
PONTIAC, INC, 62l AElingtoE
blvd Falls Church Va, JE
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
oO1GOGn .
ASSISTANT

EXPERIENCED IN TAKING BIDS,
PURCHASING AND NEGOTIAT-
ING ING, c snSr,FsI I ToP salary ,.SISrf
FOR ADVANCEMENT,
SHAPIRO INC. 14I3 K ST NV
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
REAL ESTATE
statesmen

Openings in our Annandale and
Alexandria offices for statesmen
with Virginia license. We will train
you TO make abOve-average income.
Sales class starts Dec. z. For appt.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
HELP WOMEN

CREDIT ASSISTANT, % assist ered.
Il manager part time. Credh hack-
ground preferred. DfENERS. SIS
zoo.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17

ZEAL ESTATE SALESPERSoN for
p. c. and nearby Nd, Established
hrm. Extra commission to right
person.
c. D. Murphy, Realtor
1000 Pa. Ave. Sc.
Lu. 4-6221 LU. AIS,
REAL ESTATE statesmen needed
Call Monday and ask for Mrs
Murphy, sl9-777o, Townhouse.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
An Equal Opportunity Employer

ATTRACTIVE woman, or husband,
wife team beauty program. High
commissions. Career or part time.
Unusual oppor. ambitious person
Call recruiting office, 587-62oA, or
Il no answer, Pc. 7-3o28.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
ADM SENY

Exp.. attract. to IS yrs. S. spg.
vic. for busy exec. $4,000 up
suPy;. membership dept, assn.
lBM card exp. $4,000
Legal secys. TO $500
Secys., Arl. vic. $1,000
Asst: bkpr; -typist sa5:sio0
ALLEN o'BRiEN Personnel Service We;
l404 N. Y. Ave. NV. RE 7-72S6
ADMIN. ASST. to $500
FEE PAID. Assist office manager,
varied duties, good skills.
EXEC. SECY. to $1,000
Public Rel. assist. exec. dir, Of
non-profit organ. Many top level
s cont .l,n. Admin, background,
SECY RECEIPT. $500
FEE PAID-Mansge / girl office
average skills, growth Job.
SUPERVISOR $4,000
Assn. membership, super. exp,
familiar with data processing. M
PIX PIX OPERATOR S45OC
5:15. no Saturdays.
EDITORIAL ASST. $500
English degree. knowledge Of print
ing and makeup. proof reading.
JR. SECY. to S494O
FEE PAID. consultants. security
Clearance. good skills.
CLERKS $3.50
No tipping, will be trained.
PART LISTING
BEGGS PERSONNEL
EOS TrannnnrAnAIn. NJ
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
MIDDLF-HGED COUPLE. no q
PART TIME
Adding Machine Operator

Must be experienced. rapid,
accurate Touch Key OPP
orator" 10-key machine.
Part time. 6-l0 pm. daily
Monday-Friday.
Call MRS. BRIDGES, ss2-
5000, or apply 1900 Geor-
gia Ave. NV, 3rd floor,
daily $3.50 am. to 5:l5
pm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
ASST. LIBRARIAN $4,000

ASST. LIBRARIAN $4,000
Prof. assoc. gives l mo. va. raise
in 3 mos to good typist who can
work with people.
IBM SUPERVISOR Sb,OOU
Membership dept. OF Ice. inter-
Fp fS'e1f ASST. to $4,000
JournsiiSm major with some edit
eXuer.. will handle all printer
contacts for economic research
STAT. TYPIST TO $1,000
Nonprofit research group, needs
ability 70 handle teehnieAl typ
ing. months vac. "a fee re-
imbursed.
TOP sTENo sKILLs. but no legal
exper. needed for partner In
plush general practice law firm
GIRL FRIDAY, NO FEE s433
Progressive Arl. group needs per
sonable steno. Some reeeptionlst,
light bookkeeping duties.
SECRETARY. NO FEE $3.50
pleasant reliable steno. ...-
CLERK-TYPIST, NO FEE S321
small sales office.
SECRETARY, NO FEE to S43d
General duties for research group
near American U. 4 wks. vaca-
ton.
MANY, MANY OTHERS, FEE
PAID, FEE REIMBURSED, FEE
NEGOTIABLE ON OTHERS YOU
PAY NOTHING DOWN, HAVE 10
WEEKH TO 9ETsTIE
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
ARLINGTON AREA
ALEXANDRIA
POTOMAC EMPI.

oil King st., Alex. XII. 9-5O55
A Leesburg Pike, z Crs. JE. 2-7272
BOOKKEEPER, full charge, must
be exper. through trial bal. Depend
able and conscientious. tipping de.
salary desired. Box 37S-J. Star.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
BEGGS PERSONNEL
725 Transportation Bldg,
MARION PLAYER 83S-4s7'

aaTSlON PLAYER 63S-4S77
ADMINISTRATIVE ASSISTANT
SECRETARY
Diversified duties and responsible.
ties to Marketing Manager. Office
manager type experience desirable.
Excellent steno. skills. College grad.
duate. Salary open.
Call or send resume to Mr..
HerZb ergs OIL. 1879, WHITE
ELECTROMAGNETIC, Inc, 1907
Cordell avenue, Betheda "a, Mary.
land. An Equal Opportunity EN-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
CLERK TYPIST

Several permanent positions fol-
growing research organization.
Must be experienced in general
office procedure. Accurate typing
on electric machines. Conscien-
tious, pleasing personality. good
telephone voice. 5-day, 4O-hour
week, liberal fringe benefits. CAL
for appointment. AP. 7-5sO0.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
ADMINISTRATIVE

ADM. SECYS. to ST, 200
SELECT POSITIONS
EXEC. SECY $1,000
Public Rel. - Legislative Comb.
Must want responsibility.
LAW ------ to $4,000
Pvt. secys.-Leading Firms.
PUBLIC REL. $780,
Girl Fri.-Policy level office.
l GIRL OFC. -. to S475
Girl Fri. = Technical field.
RECEIPTS. - to $500
GIRL FRIDAYS $780,
(PoliticaD, public ell. (comm'D
JR. SECYS. st. S400
Opportunities = Light skills.
ACCTG. CLKS. to S400
(Posting). PAYROLL. (others)
elk. TYPISTS S70-S95
tPoStinR). (Drs. ofcsD, pub. Red
Annette D. Tatelman
ROOM 227
Woodward Bldg, 18th and H NV.
RE. 7-4414
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
HELP WOMEN
CONTINUED
Acct. to S1nn00

Applications mailed on request
OPEN TO 3 PM. THURSDAYS
ATLAS AGENCY
1920 n. Y. Ave. nv. RE. 1877
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17
BOOKKEEPER

Excellent opportunity for expert.
enced full-charge bookkeeper and
office manager, Reply Box 425H.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-17

ACCOUNTING, ADMINISTRATIVE
EDITORIAL, PUBLIC RIA.
TIONS, SECRETARIAL A N Z
CLERICAL PLACEMENTS. u
YOU WANT a JOB OR WAN
10 MAKE A CHANGE. SEE Blu
HOOTEN. NO Apt. NEC.. HRS
1915, LOCATED WHERE THINGS
ARE GOING ON.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
D. c. Securities
Overcome Filters

Washington securities were
firm in fairly active trading
yesterday despite extreme con.
fusion and lack of up-to-the-min-
ute quotations caused by the
monumental wire congestion
which spread to smaller ex-
changes from the New York
Stock Exchange.
Some prices on actual trading
and scattered bid-and-a S Ike d
prices appeared near the end Of
the day. The rush Of paper work
and delay in notices of order
executions kept brokerage stats
working late last night, long aft
er the close Of a feverish trad
ing day in which securities re-
covered from Fridays slump.
Charles Wilson, secretary Of
I n e Phlladelphia-B altimore-
Washington stock Exchange,
upon which many Washington
securities are listed, said men,
Der firms kept wires open for
hours after the close to clear
the paper work.
Quotations for newspapers
were delayed because we sim
ply did not have the help to take
care Of more essential work, "
Mr.. Wilson said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
Eltru Corp. Reports
Jump in Net, Sales

Sharp increases in both pro-
fits and sales were reported to.
day by Eltra Corp, survivor Of
the merger 1 Of Mergenthaler
Linotype Co. and Electric Auto.
lite Co.
Net income rose to So, 022, 900
after taxes in the fiscal year
ended September %, compared
with $3.50, 900 in the preceding
year. Net attributable to com.
mon stock was $685. 900 or
$2.4S a share VS.. $5,7S7, 900 or
$2.13 a share.
Sales expanded to $246.7 mil
lion In the year, compared with
$24O.1 million in the preceding
year.
Results for both years includ-
ed operations of the former
Mergenthaler Linotype Co. and
the former Electric Autolite Co.
on a pooling of interests basis.
Net income attributable to Ell.
ira Corp. common stock was
after provision for annual re-
quirements on the convertible
preferred stock and subordinat-
ed debentures as If they had ex-
listed throughout the two years,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
Phone Firms
Plan Merger

NEW YORK (DD.-Continen-
tai Telephone Co. and Independ-
ent Telephone Corp. directors
have approved a merger of the
two c mpanies. Under the
agreement Continental will is
sue 0.825 Of a share of its stock
for each share Of Independent.
Independent has headquarters
In Washington.
There are 1,976,754 shares Of
Continental T elephone and
], 451 ,282 shares Of Independent
Telephone currently outstand-
ing.
Name Of the Merged company
Is expected to be Continental
Independent Telephone Corp.
The merger is subject to ap-
proval by shareholders Of both
corporations at meetings to be
called later.
Assets Of the combined prop
critics will be In excess of 500
million. The system will serve
some 10000 subscribers in 26
States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
BUSINESS
BRIEFS

Furniture shipments in Octo-
Der set a record for the year,
1917 ahead Of September and
7% higher than October, 1862.
Shoe production totaled 49,
zoo, 900 pairs In September, so
above the 100000 pairs made
in September, 1962-Bureau Of
Census.
Acreage alIOtments for flue-
cured tobacco in 1864 will be
1917 smaller for most farms
than In 1858. The reduction is
deemed necessary to bring sup
plies into better balance with
demand - Agriculture Depart
ment.
General Gas Corp. stoekhold-
ers have voted to transfer net
assets to Tuloma, Inc, a newly
formed subsidiary of Standard
Oil Co. (Tndiana), in exchange
for about 10000 shares Of
Indiana Standard Oil common
stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
so MILLION
NEW 81 NOTES
ARE ISSUED
b DOW JONES

b DOW JONES
The Government has be-
gun issuing the new 81
Federal Reserve notes au-
thorized by Congress in
June, the Federal Reserve
Board and the Treasury said
jointly.
More than so million Of the
new notes are being distrib-
uted by all IL Federal Re
serve banks and their "a
branches to commercial
banks in all parts of the Ma
ton, officials said-none Of
the first batch will be direct
ly available to the public at
the Federal Reserve outlets.
Eventually the present 81
silver certificate will be
completely replaced thus
freeing their legally-required
silver backing for coinage
and other uses.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27

year earlier, the company re-
ported today.
The net was equal to IS cents
a share, compared with 50 cents
a share In the same 1852 period.
homecoming income from sale
OF Canadian timberlands &C
counted for S cents a share of
the latest earnings figure.
Sales In the three months to-
tailed $144, log, 687 VS.. $144, O98, S27
a year ago.
Net income for six months
IN ded October 81 wa S
$18, 024, 222 or SLIT a share VS..
SIS, Isl, 9l3 or $1.54 a share a
year earlier. Sales totale d
$277, 799, III VS.. 269, 604, 212.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
Silent Chutterbox
Is Going to Work
BY CHARLES YARSRoUGH

installation Of the transponders
now in use, is costing the air.
lines about SIS million.
Individual flight Identification
is provided by 1905 different
reply codes. The transporter is
use today uses only "a.
Another boost is coming for
the Montgomery County Air.
park near Gaithersburg.
One Of the buiest aviation
facilities Of its kind in the area,
the county-o wned Airpark
comes up for study and develop.
ment Of new facilities by a new
committee appointed by Wilbur
H. Baughman, president Of the
Montgomery County Chamber
Of Commerce.
A terminal building, paved
auto parking area, landscaping,
improved access road and ex.
banded aircraft parking areas
are some Of the items marked
for improvement.
The 115-acre airport Is on a
S88-acre industrial park which
is already attracting light indus
try. Subdivision and industrial
building is under way.
There are about 1875 private
and business aircraft based on
the field now.
c. C. Thompson, airport Spe-
cialiSt with the Aircraft Owners
and Pilots Association and for
mer vice president Of United
Air Lines, is CHAIRMAN OF the
new committee.
. 4
Marian Haggerty, Of TeIecOm-
municatiOns Reports, has been
elected president Of the Top-Side
Aviation Club, an organization
Of women in the aviation in
duStry.
The executive vice president
is Edith Caffrey, secretary to
the Air Force Chief Of Staff.
Other officers: Vice presidents,
Maria SOnntag, of L0ckheed;
Mildred Griffin, of States-Ma-
rine Isthmian and Lou Marshall
Of Alfalfa Airlines.
Barbara Newlen, Of Dynalec-
iron Corp, is secretary and
Cynthia FOwle, Of Courtesy As
SOciateS, treasurer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
Earnings

w. Va. Pulp & Paper in yeaI
ended October 81 earned $40,
$4,000 or $1.92 a share VS.
So, N, 900 or $1.SS in 1862 period
Lionel Corp. in 9 months ended
September 80 lost $S,96S, 7SS VS.
a loss Of $1,O15,SSO in 1866
period.
Associated Dry Goods in yeal
ended November 2 earned Sill,
$40, 600 or $2.53 a share VS.. ST..
$50, 900 or $2.5S in 1862.
Flying Tiger Line In 9 months
ended September so lost $751;.
100 VS.. earnings Of $2,621, 72l OF
$1.81 a share in 1862 period.
Western Air Lines In 10 months
ended October 81 earned $7,S72,.
900 or $3.50 a share VS.. $4,57s,.
600 or $40 in 1862 period.
Data Control Systems in year
ended September so earned
400, 404 or 100 a share VS.. $685..
Us or 70 cents in 1862 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27

to turn in their dollars for gold.
The rumors we're scotched, first
by President Eisenhower and
then by President Kennedy.
The monetary insurance pact
su b sequently devised has
worked this year to hold the
drain Of United States gold to a
minimum, although the balance
of payments deficit still is run
ming too high for comfort.
The London gold price, $SS.O7
Friday, went up on the day
after the assassination to SSH,
but dropped Monday to $Ss.O9
and held at that rate. The dollar
itself held steady on foreign
exchanges.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27

Admittedly long in coming,
but an advance so tremendous
1t was worth waiting for, a new
little black box" is scheduled
to 60 to work for the Nations
air traffic control system.
Safety, Of course, is the top
mission of the new ladar bea-
con transponders. Another big
Ipayoff comes with the unloa6ing
of some Of the anxiety, time
and trouble for flight crews and
air traffic controllers.
0ver-simplified, a radar bea-
con transporter abroard an air.
plane will answer questions put
to 1t by a controller on the
ground, eliminating a great load
of radio communication. One oil
the gaps in our aviation know.
how has been the ground con-
troller's inability to learn, with
out direct communication with
the flight crew, the exact alti-
tude of the aircraft.
That will be another of the
new tranSponder's big roles.
For more than a year now, all
Empowered planes have been
required to have transponders
which automatically give only
the altitude of an aircraft the
controller sees on his radar
screen.
By comparison, the new one
is a veritable chatterbox-Si-
lently.
AS an example the controller
in the tower or traffic control
center sees the plane on radar,
pushes a button which tasks"
are you American 55O"? The
reply in coded numbers or let
tiers, will show up beside the
"blip" on the screen.
The controller can ask for al
titude information, query on as
cent or descent.
William T. SeaweII, vice pres
ident of operations and engi-
neering Of the Air Transport
Association, has announced that
all scheduled United States car
riers will in sta the trans
ponders in all aircraft by 1866
except those earmarked for ear
ly retirement.
The program, which includes
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
Universal Marion
Backlog Increases

Universal Marion Corp, the
former Capital Transit Co., had
a backlog Of untitled orders
amounting to $50, 479, 4OS on DC.
tober 81, compared with
$18, 306,8O8 on the like 1862 date,
President James Mullaney re.
ported yesterday.
He predicted that fourth quar-.
ter earnings will be substantial.
ly ahead Of a year ago. Direct.
ors declared the regular quar-.
terly dividend Of 10 cents a
share payable December q ia
stockholders of record Deem
Der II.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
GEICO and Affiliate
Declare Dividends

Government Employees Insur-
ance Co. declared the usual
quarterly dividend of rs cents a
share, payable December "a to
holders Of record December 4,
President L. A. Davidson an
nounced.
Government Employees Life
Insurance Co. declared the uSu-
al semi-annual dividend Of six
cents a share, payable Deem
Der 81 to holders Of record De-
cember S.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-27
lO-Nation Plan Backing Dollar
Succeeds in 1st Real Test

The donation pact worked
this way:
The Federal Reserve quickly
moved into the market to buy
dollars, offering large blocks of
German marks, British pounds,
Dutch guilders, Swiss francs
and Canadian dollars.
Central Banks Help
The Federal Reserve holds
such blocks under the donation
agreement by which such cur
rencies are swspped to create
reserves for any such emergen-
cy. Europe's central banks also
stepped in Immediately after
news Of the Presidents death
with offers Of support for the
dollar. Any flight from the dol
lar would be met by credits Of
European national currencies
for the Federal Reserve Bank
Of New York to use if needed.
This left little room for specu-
latorS to operate.
Stability Of major world cur
rencieS is essential to the eco
nomic health of all nations. And
the dollar, as the princip al
medium of exchange since the
war, is Of prime concern to all
the others.
The accord has succeeded so
far this year in holding down
any major drain of gold re-
serves. And in the first emo
tional upset following Fridays
tragedy it performed with COM
forting efficiency.