davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-15

Imperial Majesty Halle Sc
lassie l. Of Ethiopia, Elect Of
God, King Of Kings, King Of
Zion. COnquering Lion Of the
Tribe Of Judah. Branch ofthe
Tree Of Solomon and ImpIe-
ment Of the Holy Trinity Saw
ings and Home Ownership
Public Association"
However. after q commit
tee studied the name for q
time they whitfield II down to
q eheck-size Imperial Saw
ings and Home Ownership
Public Association"
To many people in parts
Of Africa and Latin America,
the idea Of buying . home
with . small down payment
and low monthly payments
over . long period Of time Is
completely unthinkable.
But with Americanism
coming in dress styles, auto
mobiles, melton pictures,
cosmetics, candy and q thou
sand other forms. Why not
savings and loan institutions
too?
In Latin America. where
the Ameriean-style home
ownership plan Is catching
on like wiIdfire, the mass Of
the population used to save
for years for . $500 per cent
down payment. And then
there was the 1850 per cent
interest rate 10 worry about.
Today all this has
changed with q unique pro-
gram making lOw-e0ss hous-
ing loans available through
out Latin America and in
some African countries. The
sal program started in 1851.
Chile has ~ associations
with g. 900 accounts and saw
ings Of STAT million &C
cumulated.
The Housing Bank Of
Peru Is operating II with
$4,000 accounts and sat mil
lion In savings.
In Ecuador the housing
bank was organized In lo02
and now has SAVINGS Of eS6O..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-15
By JOHN SHERWOOD
ssor ssolf WdAsr

nUR SAVINGS and loan
~ institutions are pre-
fixed with calling card names
like Citizens, Enterprise,
Metropolis, Liberty. Security.
But when officials set up
an sal association In Halle
Selassie's Ethiopia . few
years ago II was called Ellis
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Kinney'sSaIe
ToWoo|wortl
IsCOmpIeted

NEW YORK (DO.-F. w
Woolworth Co. completed its
purchase of G. r. Kinney Corp.
a shoe manufacturer and re-
taller from Brown Shoe Corp
Completion of the deal was
announced jointly by Robert C
Kirkwood, president of Wool
worth, and Clark r. Gamble
chairman of Brown Shoe. The
sale was in compliance with a
United States Supreme Court
order of June, 1862, that said
Brown Shoes acquisition of G..
r. Kinney violated antitrust
laws.
Under terms of the sale
agreement which was approved
by a Federal District Court in
st. Louis, Woolworth paid $50
million in cash for Kinney and
also assumed responsibility for
payment and refinancing of Sc
million in Kinney debentures
held by Brown.
Mr.. Kirkwood noted that the
purchase of Kinney was the
variety store chains first &C.
QUESTION since its formation in
1912.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
FHLB SUGGESTS INCENTIVE
FOR LARGE SCI ACCOUNTS
BY the Associated Press

new savings incentive plan under which higher
dividend rates would be paid accounts of more than
$1,000 was proposed today by the Federal Home Loan
Bank Board
Joseph P. McMurray, chairman Of the board said
the proposal would give Federal savings and
Citations greater flexibilty in rates paid savings
accounts.
Some savings and loan associations reduced their
rates last spring while others did not
In announcing proposed regulation which would
open the for Federal savings and loan associations
to pay an extra "a u per cent on longer term ac-
counts of more than $1,000, MIR. McMurray said:
1T is hoped that this may assist associations in
avoiding the lending pressure which would flow from
across-the- board rate increases"
Mr. McMurray proposed that the associations be
permitted to pay extra "a cent on accounts over
$1,000 which have been in the association for at least one
year. and to extra Y per cent over the basic rate
on funds which have remained at least two years
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
BY GERALD M. LOEB

| Noi VII AlheIlCdn newspaper Alllance
NEW YORK.-Millions Of
words are written each year or
when to buy stocks, but almost
none about when to sell them
Successful people are In
variably optimists. The country
would never have been dis
covered or highly developed il
this were not so. No business
can succeed without an optimist
at its head. BY the same token,
optimistic investors always
make out the best in the long
run.
About the only time we see
mass pesSimiSm concerning the
stock market is when declining
prices and discouraging news
finally break our spirits. Then
bearishneSS is widely voiced.
When things are bright,
bearishnesS is unpopular.
People who express this bear
ishnesS are apt to find them
selves in trouble. They can be
unfairly blamed for contribut-
ing to the cause of any set
back that may later occur, in
stead of being praised for their
foresight. Yet an essential part
of the material on which the
stock adviser bases his opinions
depends on company contacts.
If the adviser is smart enough
to spot an unsuccessful PROJECT
ahead of time, and makes his
views public he inevitably closes
the door on that particular
company as a source of in
formation.
AS an investor, you should
realize this. You must do most
of your own thinking and de-
cision-making about liquidation,
be it taking profits or cutting
short your losses.
If someone tells you to buy
a stock and it goes down it is
most difficult for him to tell
you he was wrong. He finds it
easier to advise you to take a
quick profit.
For some psychological rea-
son once you have a big profit
your banker, or broker, or in
vestment counselor, will be
reluctant to tell you to sell.
However, although he finds it
difficult to take a quick loss
for you, somehow he finds it
possible after a long while to
take really big loss for your
account.
Usually, when a loss in any
given stock is small there is
always hope that the stock will
turn and recover. Your rea-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Two Oil Firms Agree
On $3.50 Million Deal

The joint announcement was
made by Gordon w. Reed,
chairman of the board of Texas
Gulf Producing Co., and E. L.
Steiniger, president, Sinclair
Oil Corp.
The agreement involved sub
stantially all Texas Gulf Pro-
ducing Co.'S domestic and for
eign oil and gas properties, I'M
developed acreage and certain
other assets.
| 1t is expected that the eff
fective date for the proposed
sale will be December 81.
A spokesman estimated that
the plan, which will be subject
to approval by Texas Gulf Pro-
ducing Co.'S directors and
stockholders, will result in a
distribution to stockholders OF
approximately $62 per share.
Mr.. Reed reaffirmed his
statement given at the stock
holders meeting in April thai
liquidation and tie sale of the
assets Of Texas Gulf PRODUCING
Co. are in the best interests Of
the stockholders.
with oil becoming harder Il
find, and the cost Of finding
and producing 1t constantly in,
creasing, a company such al
ours" Mr.. Reed said, lis faced
with the prospect OF a prog-es,
sive decline in remunerativt
operations"
The domestic producing
properties of Texas Gulf Pro,
ducing Co. will be acquired b,
Sinclair Oil a. Gas Co. subject
to a reserved production pay.
ment.
The balance Of the assets tc
be purchased include Texas
Gulf Producing Co.'S wholly
owned subsidiary, Libyan
American Oil Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Earnings

Hunt Foods g. Industries In
year ended June 80 earned
$8,384,O00 or $1.33 a share VS.
$13,663.000 or $2.4O in 1862.
Init. Harvester Credit in 8
months ended July 81 earned
$5,01S,938 VS.. $5,224,14S in 1862
period.
Canadian Dredge & Dock in
year ended April 80 had a loss
of $2,827, 089 VS.. earnings OF
605.062 or $1.03 in 1862.
Marshall Field g. Co. in 6
months ended July 81 earned
81 ,950,578 or 40 cents a share
VS.. $2,337,660 or Sc cents in
1862 epriod.
Loft Candy Corp. in year
ended June 20 had a loss of
$546,059 VS.. earnings of $36,031
in 1862.
Fanny Farmer Candy in year
ended June 20 earned $780,
1858 or $1.87 a share VS.. $780,
096 or $1.85 in 1862.
Baltimore Transit in 7
months ended July 81 earned
$260,954 VS.. $322,772 in 1862
period.
Century GeOphysical in year
ended June 80 earned $210,69S
or IS cents a share VS.. a loss
of 81 ,236,045 in 1862.
United States EnveIOp in
months ended July 81 earned
100000 VS.. $341. 900 in 1862
period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
.23GN Plants
Opened After
MOde|Chanues
BY CHARLES C. CAIN
Associated Press Automotiye Write


DETROIT.-1964 auto pro-
duction gets a big boost to.
day as General Motors % as
sembly plants resume opera
ton after a shutdown fol
model changeover.
Industry sources estimated
that other auto firms turned
out more than $4,000 new 1864
cars in August, a gain of 6 out
$4,000 over the 1862 Startup on
'63 models.
Chrysler Corp, first of the
auto makers to start its 1864
production lines, turned out
1880 vehicles last week.
Studebaker, in its third week
of "a assembly, increased fac
tory output to near its normal
yield in the '63 model period;
Ford Motor Co., whose prepara-
lions for 1864 production were
hampered by a labor dispute
at its Chicago Heights, Ill.
stamping plant last month, ex-
pected to get into high gear
this week.
Wards reports, an automo-
tive trade publication, said its
surveys indicated the industry
would turn our 2,135,O00 units
in the October December quar-
ter.
This would be almost 4 per
cent ahead of the previous rec
ord for a fourth quarter
2,059. 304-set last year.
Wards said that with pro-
duction Of 1864 models off to
a booming start, the industry
probably would make a bid for
its first 800,000-month produc-
ton in history.
One thing that surprise some
observers was the way that
auto companies are hurrying
their production schedules
along. additionally, scheduling
of production in the early
weeks of a new car run tends
towards the conservative side
as auto makers await public
reaction to the new vehicles.
The first of the 1864 models
will not be on public display
for another three weeks, but
production schedules indicate
auto makers expect no slacken-
ing in the heavy buying de-
mand which marked the 1868
model run just ended.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
TEXTRON BUYS
POULTRY FARMS
IN MARYLAND

PROVIDENCE, r. I.
(AP).-Textron, Inc, has
purchased the assets of
Caroline Poultry Farms,
Inc, a grower and process
Sor of poultry with head
quarters in fredericksburg,
Md, it was announced
here. The purchase price
was not disclosed.
The new Caroline Farms
operations will include By
ard V. Carmean, Inc, a
broiler Matching company
of Laurel, Del, and two
feed mills which have been
operated by Textron's Bea-
con Feeds Division. The
mills are in Laurel, Del,
and Broadway, Va.
Caroline Farms will have
operations in Delaware,
Maryland, Virginia and
North Carolina. It's proc
eSsing plants are in Fed
eralSburg and Denton, Md;
Dobson, N. c., and New
Market, Va.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Bell Joins Northwest AirIines

Frederick Bell has Joined Northwest
Orient Airlines as sales representative
in the airline's Washington sales office.
A 1854 graduate of the University of
Kansas, Mr.. Bell came to Northwest
from Southern Always Atlanta office,
where he had been a sales representative
for the past two years. Mr.. Bell served
in the Air Force and had spent four
years in the banking business in Mem
phis, and Dallas, prior to entering the
airline industry.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03

NEW YORK CAP) Sinclair
Oil and Texas Gulf Producing
executives have announce
agreement whereby certain Sim
clair subsidiaries will buy Texas
Gulf Producing Co.'S properties
Terms of the agreement in.
dicate 1t will involve about
$3.50 million. The sale hinges
on approval of certain group,
and satisfactory tax rulings.
The deal is being made, sale
Sinclair officials, to provide the
company with an additions
source Of crude oil. Sinclair
now must buy about half it!
crude from outside sources.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
LONELY THOUGHTS
Investor Must Decide
Himself When to Sell

sons for buying in the first
place may still seem valid. But
as time goes on and the stock
keeps declining, so does your
hope for recovery. BY this time
the news about the company
becomes discouraging and the
original bullish premise which
spanked the purchase starts
fading.
When you have a profit you
may be tempted to take a small
quick gain for fear of losing it.
If this temptation is resisted,
then later should the gain be-
come substantial, many deter
rents to liquidation could
develop: The news appears to
be good; you are unwilling to
pay the tax; you dislike tam
pering with success.
One thing you can do is to
diversity your decisions. Don't
refuse to take any quick losses
or any big gains. Do things a
step at a time, and have your
actions governed more by sound
investment principles than by
emotion.
Taking losses quickly, per-
haps when they amount to 10
per cent of your initial invest
ment in a particular stock, is
usually good insurance against
possible future losses. OF
course, within this general
principle you must decide each
case on its merits as they APP
pear to you at the time. '.
Basically, the time for you
to sell is when the reason for
which you bought is achieved,
and you take a profit. If that
reason fails to materiali2e,
then take your loss.
(Copyright, 1868, NANA) Sc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Of People
Ellis Meredith to Be Honored

Ellis E. Meredith, executive vice presi-
dent of the American Apparel Manu-
facturers Association in Washington,
has been selected by the American So
ciety of Association Executives to re-
ceive its Chartered Association Execu-
tive award. Kenneth B. Anderson, chair
man of trustees for the CAE plan, an
nounced the award would be presented
at special CAE ceremony at the Adolf
plus Hotel, Dallas. the evening of Sep
TENDER %, during the society's 44th an
nual meeting, September 1926.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Burke Elected Manager of Dwoskin

Harry Dwoskin, chairman of the board
of DwoSkin, Inc, wall covering firm
has announced the appointment Of
Ted Burke as manager of the Wash
ington branch. Mr.. Burke started work
as an apprentice with John johnson of
Washington and has had experience
in every phase of the interior painting
and wallcovering business. Mr. Burke
is president and charter member of the
Suitland Lions Club and an affiliated
member of the Home Builders Associa-
ton of washington
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Named CupituI Representative

Albert L. McDermott formerly labor counsel for the
American Hotel and Motel Association has been named
Washington representative for the association He has
had broad Washington background. In 1854 he was
named special assistant to the Secretary of Labor and
in 1857 was named director of the departments office
of legislative liaSon. From 1857 to 1860 he was advisor
to the Maritime Cargo TRANSFORMATION Conference
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Benson Elected Stute Chairman

Brian M Benson, director of finance Board of Edu-
cation, Montgomery County has been appointed MICA
State Chairman for Maryland for term expiring August
81, 1864 The association composed of more than $500
public finance and other officials representing govern
mental units in the United States Canada Guam Puerto
Rico, and the Virgin Islands The appointment was
made by Robert Develle president of the Municipal
Finance Officers Association of the United States and
Orleans, Louisiana.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Merrymun Appointed Fashion Editor

David K. Daffin, edtor-publisher of NOCTURN mag
azine, announces that Helen Merryman has been ap-
pointed fashion editor. Mrs Merryman will also handle
beauty and special features In addition to
her experience fashion and beauty consuaft Mrs
Merryman has worked for the New Yorker Life and
McCa1s. Mrs. Merryman has also done interviews in
London, Paris and Geneva for MICS Monitor, and was
the advertising of the Social of WASHINGTON
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
BUSINESS
BRIEFS

Commercial Solvents Corp.
announced the purchase of the
industrial explosives business
of Oilin Mathieson Chemical
Corp, including plants in ILL
nois, Washington and Penn
sylvania. No price was dis
closed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Telephone Company Gives Awards

The Chesapeake & Potomac Telephone Co.. during
the month of August presented eweled emblems to "a
Washington area men and women for service ranging
from rs to As years. inclusive with the company triple
diamond emblem presented to Kenneth W. Colt for
As years of service James D Boyle Jessie R. Crgler
Alene M Gonzales John A. Patterson jr John A. Rob-
ertson WILDER B. Tubbs and L. A. Tuell received double
diamond embems for 40 years service.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Rollins Named Assistant MANAGER

R. Roy Dunn, president of Potomac Electric Power
Co., has announced the appointment of Thomas A. Roll
Inns as assistant manager, purchasing department Mr.
Rollins employed by Potomac Electric Power Co. in
1888 and assigned to the companys department In
1852 he became buyer in the purchasing department
He is native of Baltimore.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
Moves to New Office

Duder & Finn, Inc, public
relations firm, has moved it's
Washington office to larger
quarters at 1912 K street NV.
1t formerly was located at 1741
De Sales street NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
and Events
Controllers Group to Meet

The first fall meeting of the National Capital Group
Controllers will be held September 10 at the Occidental
at $50 pm. Sam Flane general manager of the Con-
rolers Congress of the National Retail Merchants As
ISOLATION and Editor of Retail Control, will speak
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
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 l pm, Tuesday,
September 3, 1868.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
TREASURY BONDS

NEW YORK CAP) Noon over the
bid, asked, net change and yield for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
AMERICAN STOCK EXCHANGE

Symbols Explained in Notes Following Exchange Ii
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03
FOREIGN
EXCHANGE

NEW YORK (AP). Foreign exchange
N dollars and decimals Of a dollar:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-03

V Pac Indus II az AZ ~ Nhs
=. PacLt pf4.50 ''''
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10
League Names
PR Committee

Five Past-Presidents of The
Cuyahoga County Savings and
Loan League have been named
members of the Public Rela-
tions Committee Of The Ohio
Savings and Loan League by
Charles S. Merton, Ohio League
President and President of
West Side Federal Savings and
Loan Association.
The PR Committee men,
bers from Greater Cleveland
are Clarence P. Bryan, Cuya-
hoga Savings; Robert c. Knox,
East veland Savings;
Charles F. Koch, First Federal
Savings of Cleveland; John
Tarnavsky, Parma Savings;
and Thomas M. White, Citizens
Federal Savings, all of whom
are Cuyahoga Savings League
ast-Presidents; and Edward
A. Brosky, First Federal Saw
ings Of Lorain, who is a Vice
President of the Cuyahoga
League.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10

I Council extends an invitation to
all PTA members to join the
newly organized Mothersinger's
Group.
This group will be under the
direction of Mrs. Thomas
Byers and will hold a first
meeting sometime this month.
Anyone interested please
contact Mrs. Clark Hammel,
Jr. at PO 1-3909 or your unit
PTA President. The only re-
quirements are a PTA mem
bership and an interest in sing
ing.
The Superior School PTA
will meet Tue S d a Y, at 1:15
pm.
Four of Superior's teachers
will demonstrate the schools
method of teaching reading.
Child care will be available for
youngsters 3-5 years of age.
Shaw parents and friends
will have a chance to listen to
the young viewpoint of a
p anel of Shaw seniors and
SHAW alumni next Thursday
evening, January 18th at 8
pm. in Korb Student Center.
The speakers will present
personal observations concern
ing present day educational
progr s.; suggestions for
changes or improvements; the
direction our young men and
women want to go in industry,
business, or government.
Members of the panel are
Barbara Wesley, Ralph Jacob,
Tom Maremaa, Sally Webster,
Rudi Klaus.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10

the engagement Of their daugh-
ter, Gail Anne Dunlap, to Nor
man J. Yager, son of Mr.. and
Mrs. John Yager, 23995 Char
don I'd.
Miss Dunlap attended Kent
State University. Mr.. Yager is
a graduate of Ohio State Univer-
sity.
An April wedding is planned.
Johnson -Haseltine
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10

S6NSAbtSNAs vAeSsS
ALL GUARANTEED TO WASH T. FIT
Once again we're offering this decora.
tor fabric In ready made to fit all
styles At this record making low price.
For less than one third the price Of
custom made you pay these exclusive
features. Measured In your home 10
accommodate all hard-to-fit styles.
Tailored with overlooked seams
strong as the fabric ITSELF Phone nCU
for these sensational values.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10
Lecture Starts

The Winter Series on the
"Womanly Art of Breastfeed-
ing" offered by the La Leche
League will be starting Thurs
day, at 8:45 pm. at the home
of Mrs. Richard Butler, 845
Bayridge blvd, Willowick. The
telephone number is VIII. 4-1036
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10

Mr.. and Mrs. William J. John
son, 1772 Fay ST., announce the
engagement of their daughter,
Joan Elizabeth to Mark Hasel-
tine, son Of Mr.. and Mrs. Mar
Gus Haseltine of East Butler,
Pa.
Miss Johnson, a Shaw grad
uate, attends Cedarville Col
lege. Mr.. Haseltine is senior
at Cedarville College and is
scheduled to receive a bachelor
of science degree in May.
An early June wedding is
planned at the Cedar Hill Bap-
tist Church.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10
PTA News ..
PTA News 80.
Council TO Hear
City Manager on
Facing New Year

Grant Apthorp, City Manager of East Cleveland,
will be the speaker at the East Cleveland PTA Coun-
Gil meeting, Thursday, Jan. 18th at $3.50 a. at
Korb Center Apthorps subject will be Facing 1868
with New City Manager" The East Cleveland PTA
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10

Mr.. and Mrs. Henry ]. Ries-
ter, 1895 Lander rd., Mayfield
Heights announce the engage
ment of their daughter, Ruth
Ann to Donald Marfongella, son
of Mrs. Elizabeth Marfongella,
1902 Halliday ave.
A fall wedding is being
planned.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10

Mrs. Pasquale Julio Lubrano,
1857 Woodlawn, Girl.
Mrs. George c. Williams,
13428 Lambert, Boy.
Mrs. Regis C. Albright, 1854
Gainsboro, Boy.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1963-01-10

Mr.. and Mrs. James Gospod-
arich, 353 East 246th ST., an
nounce the engagement of their
daughter, June Annette to Mi
chael Estvander, son of Mr.. and
Mrs. Albert Estvander, 723
East 232nd st.
The bride-to-be is scheduled
to graduate from Euclid High
in June. Her fiance is Euclid
High graduate.
No date has been set for the
wedding.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-15
By IRVING LOWENS
star Music Critic

Alfonso Montecino. piano. AZ Cram
ton Auditorium. Howard University.
Program: Six Miniatures ito paint
ings By Paul Kleel. schidloWsky:
Composition (for the left hand),
Montieino: Sonata. Leng; 80 Varia-
tons on q Theme By Diabeln, Op.
100, Beethoven.