davidaulloa/AmericanStories huggingface dataset:
Kodiak mirror., 1963-02-01
[LIzI!laS] S]ISi1oR Is 5si
Dear Editor:

In recent edition the Mirror carried short paragraph stating that there seemed to be lack of spirit in the local high school. I expected a few letters to the edi. tor, but it seems nobody is inter ested. l have asked number of students about this. A letter was written by a student or students. approved by a teacher, on why there was a lack of school spirit. If was squelched! It was reported that the only reason for mention ing it in your paper was to increase circulation. Is this true or are school authorities afraid to face facts?
 After hearing some of the stu dents, l have no doubt that there is a lack of spirit. remember school as being wonderful time of life, but all these students will remember are you will do this and you won't do that.
 A few of the questions I would like answered are as follows:
 Why can't the students have their picnic this year?
 What was so bad in the school paper that the school authorities ordered it reprinted? understand that they were not the teachers working with the students.
 When the majority of one par ticular class gets D's and Els, whose fault is it?
 Why can't the students ring the cow bell at basketball games when their team makes basket? I un- derstand the noise disturbs the older audience. Seems to me the games are for the students. Since basketball is the main sport, it seems that they should go all out. 1 imagine that the Coach and team would have more spirit in knowing they are backed to the hilt.
 For small school isn't there quite few students quitting when they reach their 18th birthday?
 Why is it necessary to jerk and slap male students around? Are the students that bad or is the fault elsewhere?
Kodiak mirror., 1963-02-01

were at the 1915 level skies in K0- diak. Alaska, were clear, ther- mometers were bouncin' at the 40 to 50 mark and people were walkin' around in short sleeves"
 The Louis L. Drumm family js stationed at the Navy Base here.
Kodiak mirror., 1963-02-01

Why do the students have to take a Is minute detention if they have to leave the classroom during class, no matter what the reason?
 Interested Parent
 (Name Withheld)
Evening star., 1963-02-25
FSLC Reserves Up Nearly $40 Due to SCI Prepayments

surplus to a new high OF
$6,l24,000, 900 or 8 per cent OF
savings at the end of 1852
compared with $5,349, 900, 600
or 7.9 per cent of savings at
the close Of 1861. All Washing
ton savings and loan associa-
tions and many in adjoining
Maryland and Virginia are in
sured members of the FSLIC.
Chairman McMurray pointed
out the resources of the cor
poration are drawn upon only
if an insured institutions loss
reserves become exh hauste d.
Member reserves also are being
built up at an accelerated rate
by the prepayment plan, he
said.
Net income Of the FSLIC
totaled $65,971 ,066 in 1862 or
slightly more than 10 per cent
above the previous years $59.-
951,114.
Regular insurance premiums
paid by member associations
and interest on investments in
Federal government obligations
Evening star., 1963-02-25
BY DONALD b. HADLEY
Star Financial Editor

The Federal Savings and
Loan Insurance Corporation in
creased its reserves and other
funds available for contingen-
cies nearly 81 per cent In 1862
due mainly to prepayment OF
future insurance premiums by
member associations.
In a summary of the FSLIC's
1862 operations, Chairman Jo-
seph P. McMurray Of the Fed
eral Home Loan Bank Board
today reported the corpora
tons combined reserves and
unallocated net income avail
able for contingencies reached
a new all-time peak of $677.- :
979,721 at the end of 1862, ir
contrast to SAC, ,8S6,61l just
year earlier.
AS a result Of the prepay
ments, which were provided by
1851 legislation and began al
. the start Of 1862, member as
sociations also were able to In
= crease their own reserves and
Evening star., 1963-02-25

to the winds. reported the Ma
tioinal Automobile Dealers AS
Sociation here today.
For q time 1t looked like
dealers might achieve that
seldom-reached goal Of 3 per
cent Of sales, and the figure
actually stood at 81 per cent
on September 80, But the aver
age was whitfield down to 90
per cent at the years end, the
association said. This was be-
fore taxes.
However, the years profits
were the best since 1858 when,
oddly enough, the fundamental
averages for gross profit, total
expense and operating profit
were exactly the same. Only
4.8 per cent of the dealers re-
ported operating losses for the
full year, although rs per cent
lost money in the nine months.
Total gross profit on COM
bined sales Of new and used
cars dropped to $410 per new
unit sold at the yearend. This
figure was $438 at the end Of
Evening star., 1963-02-25

select those industries and
those companies within them,
that are moving ahead most
rapidly and consistently. Once
q promising stock has been ac-
quired, 1t is held until there
are signs Of a change Of for
tune.
Most Of the fortunes In Sc
curities have been accumulated
in this way-not by trying to
buy low and sell high time
after time-but by acquiring
stocks of strong growing COM
panies, by staying with them
and accumulating more.
Can the ordinary person do
this? Can he afford to buy and
hold over the years2 Can he
tie UP his money so perma-
nently2 The answer is that II
he cannot afford to hold, he
cannot afford to invest. The
stock market is no place to put
money that is to be used at
some specified date to meet an
obligation. If q man has q
debt to be repaid on a GER
tain date, the money Is better
not entrusted to the ups and
downs Of the stock market. For
stock prices do not rise or fall
in q straight line. They waver
UP, or waver down, and the
timing Of the fluctuations is
unpredictable.
Therefore, the ability as we'll
as the intention to hold should
be part Of the individuals In
vestment philosophy.
Evening star., 1963-02-25
Tough Stand Urged
On Federal Deficits

Fred ]. Robbins, president of
Bliss g. Laughlin and a fire.
quent visitor in Washington.
has come up with a tough per-
suador against publications,
educators and other organiza-
tions, who favor Federal def
cits.
In q recent talk to the
Cleveland Purchasing Agents
Association. Mr.. Robbins sug-
Evening star., 1963-02-25

constituted about 99.4 per cent
Of 1962's total income Of
S74,745,075.
Operating expenses, exclud.
ing the return on additional
funds received as prepayment.
OF insurance premiums due ir
the future amounted to 81 per
cent Of total income,
Since the start Of its opera
tions, the corporation has made
available for reserves 80 per
cent Of its cumulative total in.
come and insurance premium
prepayments aggregating $753,.
051, ,643. FSLIC assets totalec
$708, ,536,875 at the end Of 1862
a gain Of 51.6 per cent from 9
year earlier.
Evening star., 1963-02-25

222 Sixth street NV. with more
than $50 expected to attend.
Similar classes will be held at
Wakefield High School begin
ming Wednesday. The sessions
are for persons engaged in the
consumer credit and collection
field.
Evening star., 1963-02-25

gested that businessmen with
draw advertising and support
dollars from publications and
organizations favoring bigger
government at more cost, and
also refuse to support educa-
tional institutions that favor
unbalanced budgets and Fiscal
responsibility and ridiculous
economies
Evening star., 1963-02-25

urlft along without q clear-cut,
positive, basic investment phi
loSophy.
The antidote to all this is to
adopt a sound philosophy and
stick to it.
The investment philosophy
outlined here has been devel-
oped over a period of 80 years
and has been explained from
time to time in Changing Times
Magazine. We know 1t works,
We also realize that 1t is not
as romantic as many Of the
stories that are always going
the rounds about successful
coups and quick profits. So
right at the start, let us in
vestigate the idea that the nom
professional investor. over the
long run, can get rich by means
Of tips of inside information or
by just barging into the market
and trying to buy at the bot
tom and sell at the top.
For $50 years, ever since
stock certificates have been in
general circulation, investors
have been trying this. And they
have generally failed. But even
though one generation may
learn the lesson, the next gen.
Grafton forgets it.
After the crash of 1929 and
the beginning Of the depres-
sion, owning stocks and invest
~ment trust shares became un-
popular. This attitude persisted
through the '30s. Savings bonds,
sold with patriotic hoop-la dur
ing World War II, continued
popular afterward largely be-
cause people were more inter-
ested in safety than in growth.
In 1949, when we wrote the
Evening star., 1963-02-25
INVESTING FOR The YEARS AHEAD-1
Sound Philosophy Needed for Success

before about the economy as a
whole, about each industry,
about individual companies.
All this is true. Nevertheless,
no laws and no statistics can
prevent a person from paying
more for a stock than 1t is
worth-or, to put 1t another
way. more than 1t will bring a
few months or years hence.
These times differ little from
those past. The nonprofessional
investor gropes his way into
the market, getting his advice
from customers men and the
writer's Of market letters. who
themselves are dependent on
their salaries or commissions
for q living.
What we are saying, in short,
Is that the ordinary investor
often does not make money In
the market. What we propose
is that he can make money II
he will follow certain principles.
Philosophy Needed
Even in as humble q pursuit
as investing, q man must have
q philosophy - a picture Of
what he is trying to do.
Yet very few investors have
any such guide. Ask a man
why he buys stocks and chances
are he will say, ITO make
money" BY this he means he
hopes to buy a stock that will
go UP so that he can sell 1t
at a profit and buy another
that he hopes also will 60 up,
and so on.
Despite all the evidence to
the contrary, many people per-
sist in thinking that viii work.
The pity of 1t is that many Of
them actually could increase
their capital II they would set
tie on a sound investment phi
losophy and stick to 1t.
Consider, first of all, the
favorable currents that the in
telligent investor can use. The
Evening star., 1963-02-25
Simple Precautions

That leads to a set of simple
precautions. Before investing. q
family should have its finan-
cial affairs In good order. II
should have adequate life in
surance on the breadwinner: II
should have its home paid
for or safely financed; II
should have reserve funds that
Evening star., 1963-02-25
Auto Profits Trimmed
At Close of 1862

While setting new sales and
production records in the last
quarter Of 1862, automobile
dealers scattered a substantial
chunk Of their years earnings
Evening star., 1963-02-25

first investment article for
Changing Times, stocks were
still unpopular. as shown by q
survey Of consumers conducted
in behalf Of the Federal Re-
serve Board. Even among per-
sons with incomes Of $500 or
better, two-thirds said they
wanted their investments to
have a fixed value.
Popularity Reooined
Gradually since then, stocks
have come back into favor
During the years following l949
the number Of investors tripled.
Stocks that had been selling for
nine or ten times earnings In
1949 were bid up until they
were selling for is, 20, 25 and
sometimes so times earnings
In 1861 a bubble In hot issues
caused q good deal Of alarm
on the part Of financial writer's
and stock exchange officials
before 1t subsidized.
In the spring of 1862 a bear
market readjusted values. The
unexpected sharp drop in prices
came as a surprise to q new
generation Of investors who had
forgotten (or never learned)
the lessons Of the past. In re-
cent years it has been popular
to point to new ways In which
the investor is protected. It is
said that markets are more
carefully policed. More infor-
nation is available than ever
Evening star., 1963-02-25
Credit Association
To Begin Course

The annual seven-week schoo,
Of the Retail Credit Associa-
ton will begin tomorrow eve.
ming at the Credit Bureau, Inc.
Evening star., 1963-02-25
BANK SYSTEM 100 YEARS OLD

The National Currency Act, which led to the
founding of the present system Of dual bank
ing in the United States was signed 100 years
ago today by President Lincoln. At the Ma
tiOnal Archives, the original act is inspected
by Qeft to right: Richard A. Norris, presi-
dent of Riggs National Bank and chairman
for the District observance Of the banking
centennial, James J. Saxon, Controller Of the
Currency, who superviSes Nation a l Banks
created by the act, and Robert BANNER, Dep
uty ArchiviSt.-Star Staff Photo.
Evening star., 1963-02-25
By JOHN W. HAZARD ond Lew G. COR

The ordinary make money in stock market
put usually he doesn't To show why he doesn't and
could is the purpose Of this series
The basic Of failure the urge speculate the
desire to believe in tips and means of acquiring
quick riches the instinct to with the the tendency
Evening star., 1963-02-25
OVER COUNTER

Following prices furnished by the Ma
Washington represent the range within
which locally active securities could have
been bought or sold at l pm. today:
Banks and Insurance ConpanIas-
Evening star., 1963-02-25

the first 1862 quarter, $435 on
June 80 and $425 at the end
Of September.
Evening star., 1963-02-25

First Of q series Of 10 articles to
oppsOr in The StOr Mondays through
Fridoys.
Evening star., 1963-02-25

will carry It through any rea-
sonably expectable emergency
By weighing its life insurance
program heavily toward real
insurance, that is. ordinary life,
or a combination of ordinary
life and term insurance. 1t can
obtain big protection for a rel
atively small annual outlay.
By being conservative in its
standard Of living, 1t can pay
down the home mortgage to so
per cent or less of the market
value. BY keeping its eyes
firmly fixed on the more dis
tant goals and withstanding
the siren call of those who
would sell 1t every gewgaw and
luxury for so much down and
so much a month, 1t can tuck
away enough in savings to tide
1t over a six months emer-
gency. II a family can put It.
self In this posture, then It
can confidently embark on a
long-range program Of invest
ment.
To us, investment in stocks
by the intelligently managed
family appears to be almost q
necessity. And to succeed in its
investments, a family must
have q sound philosophy and
stick to It. This means, first,
making the family secure
against emergencies: second,
funneling money into those
companies that are growing the
fastest and seem destined to
continue growing; and third,
resisting the temptation to sell
out and trade. leaving good in
vestmentS alone not for
months but, II conditions con-
tinue favorable, for years.
Evening star., 1963-02-25

investment field Is one where
the theoretical chance Of gair
is great, The tax on capital
gains amounts to only half the
regular income tax. And there
Is q maximum of Is per cent
of the gain itself, which means
that for those in the higher
income brackets, the tax Is
much less than half their nor
NAL tax rate.
These capital gains are more
easily obtainable in the United
States than anywhere else in
the world. In the first place, ouI
rate Of growth has been almost
unequaled in history. And there
is good evidence that this dy-
manic growth will continue
The capitalist system offers
the individual great rewards
for that extra effort he makes
with brain. imagination and
muscle.
Facts AVoilobIe
In the United States, too
there is more opportunity than
anywhere else in the world tc
know the facts about growing
industries and companies. The
individual who reads any SUBJ
stantial part Of what appears
in the daily newspapers and
weekly and monthly magazines
can hardly help but know q
good deal about what the econ
omy Is doing and which indus
tries are prospering. Federal
laws and New York Stock Ex-
change regulations make II
mandatory for large corpora.
tions to give to the public the
most detailed facts and figure:
concerning operations, sales
income and profits.
Some people do use these op-
portunities. And they do make
consistent profit in the stocl
market. One way they do 1t
and the way that will be rec.
commended in this series, Is tC
Evening star., 1963-02-25

copyright@ 1862. By the Kiplinger
WaShingto Editors, Inc, Condensed
from The Kiplinger Book on Investing
for the Years Ahead" published BY
Doubleday & Co.. Inc.
Tomorrow: Two Good Rea-
sons for Buying Stocks.
Evening star., 1963-02-25
detectiUe
stov...

Mrs. Laurette c. Hupman was
disturbed and more than little
worried.
For over an hour she had been
trying to call her sister in East
Alstead. New Hampshire. on an
urgent matter. But her only an
Swer was a repeated busy signal.
Then she explained her prob
lem to Miss Bertha Lonhardt.
aC&P Operator.
Miss Lonhardt checked i'm
mediately and found the call
couldn't get through because the
receiver had been left of the
phone. !
Working through the Tele-
phone Company toll station serv-
ing East Alstead. she began a
systematic search for nearby tele-
phones, trying to locate someone
who could notify Mrs. Hup-
mans sister that an important
call was waiting.
II took more than 10 calls, but
her persistent sleuthing finally
paid of. And a vastly relieved
Mrs. Hupman got her call
through.
Unusual situations such as this
are part Of the daily life Of Tele-
phone Company people. That,
why we could never begin to
make enough rules to cover all
the needs Of our subscribers.
Instead. we just go ahead and
help-in every way we possibly |
can, whenever we're called upon. |
The Chesapeake & Potomac
Telephone Company
q
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-28
Edmund Stevens
Pulitzer Prize winning analyst
of Soviet policy

Stevens heard his first "Nyet" in 1882, when
he studied Russian at the University Of
Moscow Ever since, he has kept close to the
KremIin and gained thorough understand
ing Of its leaders and their toctes He served
as chief of the Time-Life Bureau in Moscow,
from 1853 to 1863. He accompanied.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-28

Churchill and Hartman during their special
visit to the Red Capital in l942 and l943. He
covered both the Russion-Fnnish War Of le3o
and the Soviet front during World War II for
the Christion Science Monitor His crack re-
porting earned him Pulitzer Prize in 1850.
Mr. Stevens daughter Anostoso was the only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-01

a growing "admixture Of the
Semitic ele m ent" (p.385).
More unfortunate is an almost
total unconcern with the dis
tinctions between cultures or
the chronological C h anges
within the Bronze Age as a
whole. Accordingly, the great
movements Of peoples and the
interrelationships between So
cieties and civilizations which
make up so much of the histo-
ry of the period are ignored.
This, for example, was the
age of the Achaean invaders
of Greece leading to the Ny
cenaean period. 1t was also
the great age of Canaanite
civilization which gave us the
alphabet, the b e lows, and
trancendental mon0theiSm
through the Hebrew pa
triarchs. Sir Leonard's rather
mechanical division of his
subject into successive chap
tiers on social organization,
techniques and crafts, eco
nomic structure, language and
writing, religion, the arts, and
literature confuses the con-
tributions Of diverse peoples
and periods into a series of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-01
THE FIFTH QUEEN. A novel

THE FIFTH QUEEN. A novel
by Ford MADDOX Ford. With
an Introduction by Graham
Greene. vanguard Press;
$780,
To some, perhaps, the name
Ford MADDOX Ford will only
mean the man in the famous
1923 photograph with Ezra
Pound, John Quinn, and
James Joyce looking his most
boneless. l myself knew that
Ford had changed his name
from Hueffer, but was unable
to recall the name of even one
of his % novels. There is at
present a revival of interest
in Ford; a complete edition of
his works is being published
in England, Arthur Mizener is
writing his biography, Ora
ham Greene considers him
one Of the great craftsmen of
the century. 1.-The Fifth
Queen" a trilogy of novels
concerned with Henry VIII
and Katherine Howard now
published in this country for
the first time, is an early
work thought by Mr.. Greene
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-01
The Days Of Henry VIII
By Ford MADDOX Ford

and others to be one of Ford's
best.
Ford was better known as
an editor than a novelist. An
inStinctively and thoroughly
literary man, he could sense a
good writer accurately and
deity, as he showed by pub
lis h in 6 Hardy, Masefield,
Hudson, Conrad, and D. H.
Lawrence in The English Re
view before 1914, and Heming-
way, e. e. cummings and
Gertrude Stein in the trans
atlantic review" after the
First World War. He collab-
Grated with Conrad on two
novels and once when Conrad
was i'll and an inStallment
of "NoStromo" due, he wrote
it himself.
1.-The Fifth Queen" is a bril-
liant historical novel, colorful,
romantic, picturesque. Unlike
so many in which historical
figures live only through ante
cedent associations in the
mind of the reader, the book
develops its characters skill
fully and inspires into them a
life of their own. / find the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-01
EDITORIAL PAGE
DAILY COLUMN

The editorial page feature,
"a Book for Today" this
week:
MONDAY: Freedom and
After" by Tom Mboya. Git
tie, BROWN
TUESDAY: Fifth Planet, ("
by Fred and Godfrey Hoyle.
(Harper & Row.
WEDNESDAY: Israel,
Years Of Challenge" by
David Ben-Gurion. CHolt,
Rinehart & Winston.)
THURSDAY: "Mboya and
Chandos."
FRIDAY: From the New
Freedom to the New From
tier: A History of the United
States From 1912 to the Pres
ent," by Andre Maurois. (Mc-
Kay.0
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-01
Back to Ancient Greece
And to Pure Beauty

GREEK HERITAGE: The American Quarterly Of Greek Gull
ture. Edited by Kmon Frar. (The Athenian Corp, Chi
cago, H. SIS year,
In this time Of national and personal SORROW the bewdered
mind seeking solutions agOniZing riddles seeking comfort
sometimes back ancient Greeceto that world
whose passions beauty and pure reason" This is very
natural, hold a moment in history when the modern
Western world though suddenly and savagey bere Of
has been revealing its capacity for passionate ugneSs
As crime followed crime in Dallas, seemed though
Fate-grim Fate of the Greek tragic drama-was perhaps
again making Of its nexorabe marches from catastrophe
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-01
An Entertaining Diotribe
Aquinst Home COOKING
INDUSTRIOUS DEPRAvITY;

INDUSTRIOUS DEPRAvITY:
A Jeremiad and a Lamenta-
ton About Things to Eat.
BY John Gould. civilian
Morrow & Co.; $500
81 don't know O. nothin'
women don't take to naturally
'Cept homework, spittin' and
bricklayin'." This judicious
observation by Kin Hubbard,
whose cartoon character Abe
Martin older readers of The
Star will remember as one of
this city's wisest and most
succinct editorialistS, John
Gould sets at the head Of his
own credo at the outset Of his
latest book, IN onstrous
Depravity." "If the fine art of
household cookery is to sur
vive," Mr.. Gould believes,
I'VE men must step in; for
the trend is toward oblivion
otherwise. Under the manage
ment of women the logistics
of mankind have dwindled,
and what we are getting is a
mighty poor imitation of the
once-glorious experience
known as food"
Writing about good eating is
a well-establiShed and highly
successful form of art criti-
ciSm, but to write about bad
food attractively requires ex-
traordinary literary address.
This Mr.. Gould possesses, and
his diatribe a G a in S home
cooking is not only entertain
ing reading but may do some
good. Many American men
have had so little experience
with good cooking that their
anticipation Of a good meal,
necessary to its enjoyment, is
limited to one or two dishes.
Henri Soule, owner of the Pa
villon Restaurant, remarks
sadly how many of his Gus
toners, at a luncheon which
may cost SIS for two, order
steak-mqueStiOnably an ex-
cellent dish, but one which a
great many lesser restaurants
can provide just as well and
at a fraction of the cost.
Among the many miscon-
ceptions that affront Mr..