davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-18
BY ALFRED SHERWOOD

When this hand came along
in a tournament last month,
West was a manly type with a
strong chin and a clear eye.
You could see self-reliance in
the set of his shoulders-and
perhaps also in his partners
bilious face.
The trouble with being self
reliant at the bridge table is
that it plays hob with your
partner. The poor fellow goes to
great trouble to make the right
bid or the right play, only to
discover that nobody is listen
ing to him.
Indicates Lead
In this case East took the
trouble to indicate a good
opening lead by doubling two
clubs. When North later bid
two no-trump it became clear
that a club opening lead would
come through strength.
But West wasn't listening.
He squared his shoulders and
led the king of spades.
This made it easy for South.
He won and returned a spade.
West stepped up with the jack
of spades and shifted, too late,
to the six of clubs. South could
play low from dummy, win any
return and lead another spade
toward dummy to set up the
10 of spades as his ninth trick.
Strangely enough, South can
make three no-trump even
against a club lead-but no.
body at the tournament man
aged it. 1t pays to give your
opponent a difficult task in
stead of making matters easy
for him.
Daily Question
Partner opens with on e
spade, and the next player
passes. You hold:
A10963 1854 oAJ6 @A109
What do you say?
Answer: Bid two spades. You
have the high cards for a
stronger response, but your dis
tribution is too poor for any,
thing more encouraging.
Copyright. 1868, Gen. Features Corp
Evening star., 1963-05-17
9 Electrical
Firms Settle
u. S. Suits

PHILADELPHIA (DD.-Nint
companies involved in the 1850
price-fixing conspiracy in the
electrical equipment industry
agreed yesterday to settle DAM
age suits brought by the Gov
ernment for a total of $272, ,450
The suits claimed overcharges
on equipment purchased by the
Tennessee Valley Authority and
other Federal agencies.
The settlements approved by
Judge c. William Kraft, jr., in
United States District Court
were: Wagner Electric Corp,
$96, 900; Moloney Electric Co.,
100000; Moloney Electric Co.,
$4,000; Joslyn Manufacturing
& Supply Co., $40, 900; South
ern States Equipment Corp,
$l2,500; Lapp Insulator Co.,
81 I,0oO, ana OHIO Brass Co.,
$500.
The Government agreed to
d is m issal of damage suits
against Cutler Hammer, Inc,
and Square D Co., without any
monetary settlement. The Gov
ernment said the amount in
volved was too small to make
1t worth the cost of prosecution.
1t still is negotiating with a
number of the IL other COM
panieS named in damage suits
Stemming from the electrical
case. General Electric Co.,
largest company involved, al
ready has settled for $7,470,000.
Evening star., 1963-05-17
Three Institutions
Declare Dividends

The National Capital Bank
has declared the usual semi
annual dividend of so cents
a share, payable June % to
stockholders of record June IL
Financial General Corp. de-
clared the usual quarterly divi-
dend of 712 cents a share on
common stock and a dividend
of 56A cents a share on pre-
ferred stock, both payable Au-
gust to holders of record
June 81.
Richmond, Fredericksburg &
Potomac Railroad declared the
usual quarterly dividend of 81
a share on common and divi-
dend obligation stock, payable
July 3 to holders of record. An
extra of so cents a share was
voted for 6 per cent guaran-
teed stock and rs cents for z
per cent guaranteed stock, pay
able on the same dates.
Evening star., 1963-05-17

The first New York Stock
Exchange-celebrating its l7lst
birthday today - was an old
buttonwood tree. Under its wide
branches, the "a original Or
ganizers met daily to trade
their Government stock" and
a few issues of bank, insur-
ance and canal company
shares.
Today the New York Stock
Exchange, or Big Board as the
brokers call 1t, occupies a giant
building at the corner of Broad
and Wall streets, and around
it has grown the largest con-
centration of financial institu-
tions in the world. The picture
above was taken on the oc-
casion of the l50th birthday
observance in 1912.
When the Exchange was Or
ganized In 1892, President
Washington was in the third
Evening star., 1963-05-17

year of his first administra-
ton, and the population of New
York was barely 10000.
The young United States was
just getting its financial bear
ingS. Banks and insurance
companies were Springing up In
Boston and Philadelphia. and
there was beginning a clamor
for the Government to start
some public improvement prof.
ects.
Congress had authorized an
$80-million bond issue to help
pay off the Revolutionary War
debt, and it also decided to is
sue a type of stock to finance
the public projects.
Where there are stocks and
bonds, there are always people
willing to buy or sell. So the
old buttonwood was selected as
a meeting place in lower Man.
haitian and trading was con-
Evening star., 1963-05-17
CHICAGO
LIVESTOCK

CHICAGO (AP) CUsDAD. - Hogs
1000: fairly active, butchers steady
TO strong. instances rs higher SowS
about steady; shippers took 5000:
around 100 head at 1925: l-3 i9O-
30 lbs l5.50-l6.00; 220-2iO lbs
l5.OO-l 10: 2-3 24O-27O lbs l4.5O-
1905 27O-3OO lbs l4.0O-i4.50: Ia
35O-4O0 ID sows l3.00-l3. so: 4OO-5OO
lbs II 80 1900: 2-3 bOO-6OO lbs
Cattle 1880: calves none. slaughter
steers and heifers active, fully SO
higher; cows and bulls steady: few
sales feeder steers about steady: three
steers sl00; hish choice and prime m
l'20O-l 800 lbs 23.50-a3.55: choice
high choice and some prime 1 ,3sO-
900 lbs $500: choice l.25O-i ,4OO
lbs 2l .OO-22 rs. few loads good and
choice l,050-l,lO0 lbs 30 a.OO-22 .35.
mostly coed aO0-i 1850 lbs II .0O.5i .75;
standard and low good lsbO-o0 so.
few loads choice g0O-i 05O 10 heller,
~ I5-23 90; load Rold and choies
I'D: utility and commercial COW,
i9.S5-i 30: eanners and cutteTi
bulls l0.00-2l 90. load good I,05O Ii
Z feeders 5000: couple loads medium
sbO-02o lbs l740-is.0O.
Evening star., 1963-05-17
BUSINESS BRIEFS

Bank Clearings in 26 leading
cities In the week ended May
is totaled $3l ,888, ,487 900, down
6.3 per cent from the previous
week, but UP l.5 per cent from
the like week a year ago.-Dun
q Bradstreet.
Rail Freight LOadings in the
week ended May II totaled
598.670 cars. up l.3 per cent
from the previous week and up
2.5 per cent from the like week
q year ago. - Association of
American Railroads.
Intercity Truck Tonnage in
"a metropolitan areas across
the country In the week ended
May IL was down 81 per cent
from the previous week and
down 10 per cent from the like
week a year ago. - American
Trucking Associations.
Retail Sales over the Nation
IN the week ended May II were
estimated at $4.8 billion, UP 10
per cent from the previous week
and 80 per cent above the like
week q year ago.-Commerce
Department.
Aluminium Shipments In
March totaled l53,898, 900
pounds. UP 1874 per cent from
February. but slightly below
March. le62.-Aluminum AS
sociation.
Evening star., 1963-05-17
Sugar Firm Expects
Earnings to Double

BOSTON ODD. - Central
Aguirre Sugar Co. expects earn
ings for the year ending July
81 to more than double" the
$840,297 or $1.13 a share in
fiscal 1862. w. Latimer Gray
chairman. told Dow Jones. Of
ficials indicated they would be
disappointed II earnings do not
exceed 50 million.
Mr.. Gray said that in the
light Of the improved earnings
outlook he favored payment Of
an extra dividend, at about the
end of calendar 1868. He added
this is a matter to be decided
by directors and the amount
Of any extra would depend or
earnings.
Evening star., 1963-05-17
u. S. MAY DINE
SOON ON JAPAN'S
BEER-FED BEEF

TOKYO (AP). Outlets
Of Japanese beed-fed, alco-
hol-massaged and sere-
naded beef may soon grace
the menu of American
homes.
The United States at
long last, Tokyo's Foreign
Ministry announced, has
recognized that Japan is
free Of hoof and mouth
disease.
The Agriculture Depart
ment removed Japan from
its 'hoof and mouth dis
ease" countries list after
an inspection by United
States experts last Febru-
ary, the Ministry said.
The Japanese play music
to the cattle and massage
them to make the meat
sweet and tender. They
also make them swallow
beer to promote appetite.
Evening star., 1963-05-17
Auto Output Drops
Slightly During Week

DETROIT, (AP).-Passenger
car production in the United
States dropped to an estimated
l62,639 units this week, COM
pared to the previous week
figure-a 1868 high-of ITO, $50
according to Automotive News.
The trade publication said q
labor dispute at Ford Motor
Co.'S Lima, Ohio plant was re-
sponsible for some Of the pro-
duction drop.
The industry turned out Its
'3-millionth 1868 model car this
week, as total production
climbed to 1903, 1853. ?
Evening star., 1963-05-17
Metromedio Buying
Radio Stution WCBM

NEW YORK, DD.-Metro-
media, Inc, said 1t agreed to
acquire AMIN radio station
WCBM in Baltimore for 50 mil
lion in cash. The purchase
from Baltimore Broadcasting
Corp, owner of the station, is
subject to approval of the FEC.
Metromedia owns six tele-
vision and four radio stations.
Applications to purchase a
seventh TV station, KTTV in
Los Angeles, and a fifth radio
station, KLAC in Los Angeles,
are before the FEC.
Evening star., 1963-05-17
Gold Reserve
Holds Steady

NEW YORK (AP).-United
States gold reserves held un-
changed last week after a $50
million decline the previous
week.
The Federal Reserve Board
said that the stockpile re-
mained at $l5.828, 900, 900 at the
close of business on Wednes-
day. This was still the lowest
since early May, 1899.
Gold outflow to date this
year has amounted to $3.50
million compared with a de-
cline Of Sass million in the
similar 1862 period. There have
been only three weekly losses
this year. each amounting to
$50 million.
Evening star., 1963-05-17
Pom Am to Luunch
Jet Freight Service

NEW YORK (SpeciaD Pan
American Airways announced It
will launch its jet air freight
service with flights scheduled
for June II, using Boeing TOT
32lC all-cargo Jet clippers.
The new jet freighter service
will be inaugurated with ST.
multaneous crossings of the
Atlantic and the Pacific. With
its fleet of Boeing 707-321Cs,
the worlds largest Jet trans
port. Pan American will provide
IL jet freighter flights each
week between the United States
and Europe and six between
the United States and the
Orient.
Evening star., 1963-05-17
Earnings

Amer. Electric Power in IL
months ended April 80 earned
S66, TOO 900 or $50 q share VS.,
S58,384 900 or $i.33 In 1862.
Caterpillar Tractor In four
months ended April 30 earned
$2l .505.588 or 10 cents q share
VS.. S20,6s9, ,098 or rs cents In
1862 period.
Hollinger Cons. Mines In
year ended December 81 earned
So,134,70l or Si65 a share VS..
S3.e42.6 .624 or 7s cents In 1861.
National Airllnes In 10
months ended April 30 earned
S6.04o, 900 or s3.05 a share VS..
$4,000. 900 or s2i6 in 1862 pc
Rod.
Parker Pen Co. In year ended
February 20 earned sl,7l3.588
Evening star., 1963-05-17
New Award to Honor Alumni

Harry j. Trainor of Silver Spring.
E Franklin Odor Of Washington and
Miss Mary F. Hall of Boston have been
selected as the first recipients Of a new
Distinguished Alumni Award to be
given annually by the Alumni Associ-
alton of Benjamin Franklin University.
The awards will be presented at an as
sociation dinner at $50 pm. May Is
at the Presidential Arms.
Evening star., 1963-05-17
Of People
Laboratory Names Supervisor

Robert c. Morton of Chevy Chase has
been named supervisor Of the Polaris
Division of the Johns hopkins Applied
Physics Laboratory in Silver Spring.
The division is responsible for system
development analysis Of the Polaris
missile for the Navy. DR.. Morton headed
the group which planned the first
launchings from submarines in 1860.
Evening star., 1963-05-17
FuirchiId Names PR Director

Steven C. Patton has been appointed
director of public relations at Fairchild
Stratos Corp. From Washington, he will
coordinate public information and ad-
vertising activities for all the concerns
operating divisional and branch plants.
Mr.. Patton, who Joined Fairchild Stratos
in 1861, was formerly chief of commu-
nications at Ryan Aeronautical Co., San
Diego. Calf.
Evening star., 1963-05-17
Hotel Executive Appointed

Richard ]. Bragg. for the last seven
years executive manager of the Raleigh
Hotel, has been named executive assist
ant manager of the international Inn
at Thomas circle. Prior to joining the
Raleigh, he was with the Ambassador
Hotel here and the Sheraton Plaza and
Bellevue Hotels in Boston.
Evening star., 1963-05-17
COTTON

NEW YORK (APl Cotton futures
were lower late today. Commission
house hSS,,. liqgidatiOn EXTENDED losses ,.,t g
uted the reaction partly TO Washing.
ton reports that q one-priee cotton
compromise measure may De yet en-.
acted By Congress this year.
Late afternoon prices were SO cents
TO 81 .55 q bale lower than the pre-.
vious close. July 1890. october 80 sc
and December $3.50,
Evening star., 1963-05-17
and Events
Copyright Closes Slated

Copyright law problems raised by the increased use
Of phoocopying and other reproduction methods will be
discussed at fourday Institute Documentation and
Copyright Law at the Center for Technology Admin
straon Of American University May 20-23 Lecturers will
include copyright specialist from Government publishing
and education. Tuition will be $780,
Evening star., 1963-05-17
OVER COUNTER

Following prices furnished by the Ma.
tional Association Of Securities Dealers
in Washington represent the range within
which locally active securities could have
been bought or sold at pm. Friday,
May ", 1853:
Raaks .nA Un.u..u.. r......-...
Evening star., 1963-05-17
RuiIrooder to Retire

Fred G. Seg. assistant to the vice president of the
ASSOCIATION OF American Railroads. will retire May 81
after more than 40 in railroading Mr. Seg ma
tive OF Chicago began his in 1918 as clerk with
the Rock Island Line He later served as clerk SWITCH
man. brakeman and conductor various other lines un-
til he Joined the AAR in 1857
Evening star., 1963-05-17
Commodity Lectures Offered

Bache & Co. will offer Alexandria Va residents
three lecture in commodity trading beginning
June The course will explain to the investor the special
knowledge and technques necessary in speculative trad
ing Of this kind. the brokerage house said.
Evening star., 1963-05-17
Joins Bunk Advisory Committee

Paul O. Cuddy, lawyer has been appointed to the
Advisory Committee Of the State National Bank of Be-
thesda Md Mr. Cuddy who lives in Bethesda is gradu-
ate of the Georgetown nversity Law School,
Evening star., 1963-05-17
METALS

NEW YORK lAP).--spot nonfsrrous
metal prices today; Copper 81 cents 4
pound, Connecticut valley. lead iOls
cents a pound, New York Plttsbprgh
scrap steel No. | heavy was quoted BY
Iron Age At 20 00-30.O0.
Evening star., 1963-05-17
Investment Analysts to Meet

Aaron Goldman, chairman of the board and president
OF the Macke Vending Co., will tell of the activities of
his company at a luncheon meeting of the Washington
Society of Investment Analysts noon May 2S in the
Occidental Restaurant
Evening star., 1963-05-17

or $l.87 a share VS.. s1,4sl, ,70s
or Sl.62 in 1862.
Pan Am World Always in
3 months ended March 81
had a loss of $84,O25 VS.. earn
ings OF $63.377 or 6 cents q
share in 1862 period.
Hotel Corp. in America in
three months ended March 81
had a loss Of $4,000 VS.. earn
ings of $l9l 900 or 9 cents a
share in 1862 period.
Other earnings included:
Evening star., 1963-05-17
Stock Market Looks Back III Years

Quoted, except presumably or
rainy days.
Evening star., 1963-05-17
FOREIGN
EXCHANGE

NEW YORK (AP). Foreign exchang.
In dollars and decimals Of a dollar:
Evening star., 1963-05-17
TREASURY BONDS

NEW YORK tAP) Moon over the coun.
rus. Government Treasury bonds, bid
lked, net change and WELD for Eridnv
Evening star., 1963-05-17
MUTUAL FUNDS

NEW YORK CAP)I Bid Ash
National Associa- Interc 629 6.e0
tion Securities Deal Inv Resch 1880 l3.17
ers, Inc. Istel Ed 1910 36.e2
Evening star., 1963-05-17
Other earnings included:

For ) Months Ended March !,
, 1963-07-08
ABUNDANT LIFE
GODS STRENGTH Can De YOURS

A man and his small son were
working together in the garden
gathering stones.
Here's one / can't lift, Dad
dy, the boy cried. I've tried
with all my might
The father stopped working,
looked down at his boy, smiled
and said, Son, you didn't real
" Try with all your might, for
/ was here as a part of your
might and you didn't ask me to
help you.
Jesus Of Nazareth wants you
to count Him as a part Of your
might. He knows your limita-
lions, and He stands beside you
to minister to your needs. He
stands beside you when the bur-
dens are too heavy to bear.
Here, let Me help you" He
whispers, stretching forth His
nail-Scarred hands.
He stands beside you at the
busy intersections Of life, when
you are bewiIdered by the rush
and tumult Of all that's going
on. He takes your hand in His
and leads you safely across. He
stands beside you when nerves
are frayed, or when you are dis
couraged and lonely. He has a.
way Of calming frayed nerves, or
reassuring you and of putting
you back in order.
Ghrists strength IS placed at
, 1963-07-08
NOTICE TO TAXPAYERS

Effective July ], 1868 the Tax Division of the De-
partment Of Finance, will adopt certain policies and
procedures Of the US Internal Revenue Service and
discontinue the practice Of issuing official cashiers
receipts to taxpayers for returns and remittances other
than cash. Returns and remittances other than cash
received in the Tax Division will be acknowledged on
duplicate copies Of t%ransmittal letters or receipts pre-
pared BY taxpayers or their representatives, when such
acknowledgements are requested.
Income Tax, gross receipts and excise taxes, which
are payable to the Tax Division, may be paid directly
to the Cashier at the Offices of the Tax Division between
the hours OF SAM. and P of every working day.
PERCY de JONGH
Commissioner Of Finance,
1855.
, 1963-07-08
BY ORAL RoBERTs

your disposal to be utilized If
you give up easily, # you are
prey TO lingering fears, il is be-
cause you have not learned to
place your hand in His. You
have only to reach out in faith
and make His strength a part Of
your strength.
It often happens that life
makes demands Of you beyond
your own powers. Such demands
work for your goodl Only that
which seems impossible is real
y worth doing, for this is tbs
law Of growth and progress. But
to succeed at these tasks, you
must learn how to utilize Gods
help. For no one, Of course, can
go beyond human limitation
without His help. Phillips
Brooks used to pray, Lord, I
ask not for tasks equal to my
powers, but | pray for powers
equal to great tasks"
When you know that Christ's
strength is a part Of your
strength, you need not be afraid
of any situation or task that may
you in the future.
God gives just the right
amount Of strength for every
need. Satufate your life with Il
and face ,undaunted the chaI-
lenge Of living each day yicto-
riously.
, 1963-07-08

Any interested parties shall be afforded an opportunity at
such hearings to present comments and information bearing
on the above mtters, but they will not be ~precluded from pre-
senting comments and information on any other tax areas
including new sources Of revenues.
Persons DESTROYS Of presenting such comments and infor-
nation shall submit the same in writing at least "a hours
prior to the time Of hearing to the undersigned Chairman Of
the Temporary Tax Revision Committee, Office Of the Legisla-
ture, Charlotte Amalie, st. Thomas, Virgin Islands. Such
comments may be expanded at the hearings to include respon-
ses to questioning, provided fair notice is given in the written
comments Of the basic position Of each party involved.
JOHN i. u
Chairman Temporary Tax
Revision Committee
Dateds July Il 1861 aa AA@z ~ se9
, 1963-07-08
NOTICE OF PUBLIC HEARINGS

In accordance with the provisions of Act No. $50, Fifth
Legislature, approved March Z, 1863, notice is hereby given
that Public Hearings will be held as follows:
l. at the Legislative Chambers, Capitol Building, Char
lotte Amalie, 200 o'clock PM, Thursday, July 49,,
1863, I.
2. at the Government House, Christiansted, St. Croix,
zoo o'clock PM, Friday. July 26, 1868,
for the purpose Of soliciting the views Of all interested parties
on the operation Of the Tax Laws Of the Virgin Islands.
AT these Public Hearings the Temporary Tax Revision
Committee will concentrate on the following tai. areas:
a.. Gross Receipts Taxes
b. Trade and Excise Taxes
c. Business License Fees r.
d. Corporation Franchise Taxes
e. Stamp Taxes
f Harbor Fees
Evening star., 1963-01-27

in Thule, Greenland, had suddenly gone dead.
had no way of knowing whether the interruption in
communications was due to an equipment break
down or whether our Thule base with its two giant
radar stations had been wiped out by Russian
H-bombs Enemy ICBMs and planes might at that
instant be heading toward the United States.
Then, communications with the North Ameri-
can Air Defense Command at Colorado Springs
went dead, too. 1t looked as if Colorado Springs
might also have been hit by enemy missiles.
POacer did the only thing possible. He flashed an
alert TO every SAC base and missile SITE Al Our the
SOOrId HanOns sounded, jet bOmbes SOith H-bOmbs
aboard started taring to rnrOayS and missile esrS
TO their control panels
Four anxious minutes ticked by while SAC
headquarters checked its various outposts around
the world for any signs of Russian attack At the
same time, SAC teChnicians worked feverishly to
reestablish communications with BMEWS and
NORAD. Finally, they got through. Thule and
Colorado Springs we're both intact; the communica-
tiOns stoppage solely due to electronic trouble
Gratefully, General Power cancelled the alert.
Had there been real attack, SAC would have
been ready. Bn-sO quickly uOGs he truth deter.
mined thar not one SAC plane took to de air. Nor
there the slightest chance Of accidental tUu The
SAC ''POsitiUe Control operated perfectly.
The Air Force showed me exactly how the
Positive Control" system = formerly called Fail.
Safe" - functions.
Evening star., 1963-01-27
WASHINGTON


ACCIDENTAL NUCLEAR WAR is a terrifying posi-
bility. The President of the United States has
publicly spoken of the danger. bestselling novel
says it is all but inevitable.
Again and again, the risk of accidental war has
been brought up in the United Nations. Soviet
delegates have deliberately used it as budgeOn to
split the West and frighten the neutral nations.
They have loudly warned that the flying bOmbers of
the US. Air Force and the misse-carrying sub
marines of the US. Navy could easily trigger a
by mistake.
I've just spent several weeks investigating the
question. I've talked with top-ranking officers in
the Pentagon and in the field. I've visited Air Force
and Navy bases in the United States and abroad,
and watched our bomber crews and missile men in
action. Here, exclusively, is the first complete
report the precautions America takes against an
unintentiOnal war.
The truth is this. U.S. Air Force and Navy
safeguards are so effective that there is not
chance in a million of mechanical, electrOnic, or
human failure causing war.
All communications cut
Not long ago. a serious electronic failure did
occur. At five O'Clock one morning, General Thomas
S. Power, Commander in Chief of the Strategic Air
Command, was awakened by the senior duty officer
in the underground Command Post at SAC head
quarters in Omaha, Neb.
All communications between SAC headquarters
and our Ballstic Missile Early Warning System
Evening star., 1963-01-27
By DONALD ROBINSON

As SAC commander, General Power has au-
thority to launch his bomber and tanker forces if
he believes Soviet assault imminent and he is
afraid that his planes might be destroyed on the
ground. However, he cannot order nucIear attack
Only the President can do that.