davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
BY DONALD b. HADLEY
Star Financial Editor

A new syndicate Of Ameri-
can insurance firms with COM
bined assets Of more than 81
billion today announced it will
underwrite major special insur-
ance risks throughout the
world.
Organized by the Washing
ton-London Management Corp.
of Baltimore, the group will
operate as the Surplus and
Excess International Insurance
Syndicate.
Surex international will deal
in insurance and reinsurance
for unusual types of risks in
global markets served for
centuries by Lloyd's and other
foreign insurance firms, it was
announced by Lawrence E.
Matthew, vice president and
general manager Of Washing
ton-London.
Members Of Surex Inter-
national have a total surplus
exceeding $3.50 million, Mr..
Matthew said. Present plans
call for an insurance capacity
of 81 million on any single
risk.
This will provide a partial
market for important domestic
risks which cannot be insured
adequately within the United
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
Industrial Output Hit
Record High in June
By Dow Jones

Industrial production another record the Federal
Reserve Board reported.
The easonaly adjusted index of industrial production
1851 cent of the 195759 June from the
vious record, a revised 124.1 per cent in May.
The index of the total output of the Nations
factories utilities and Mines received sharp lift from auto
mobile output which jumped to 100 cent in June from 1
per cent in May.
Iron and steel output slipped to 1913 per cent from 129
cent in May.
and business equipment increased The upun in
goods output chiefly reflected "a rise of tenth in autos from
already advanced level July auto assembly schedules ind
cate return to about the level in most earlier months of the
1868 model year."
Output Of business equipment which turned up May after
several months of little change further June and
slightly above the previous high reached last October the
board said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
Wholesale Foods
Turn Downward

NEW YORK tAP).-Whole-
sale food prices dipped this
week for the first time in more
than a month. said Dun g.
Bradstreet, Inc.
Prices hit an index Of $3.50,
compared with $3.50 last week
and $5.87 a year ago. The in
dex reflects the total price OF
l pound each Of 81 foods In
general use.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
MORE BUILDING
June construction rafO
hits 0ll-time high.
Federal,

Government levels, Federal,
State and local.
So businessmen, like everyone
else, are watching the current
strife in political circles. Will
the Republican presidential
nominee be New York's Gov,
Nelson A. Rockefeller, generally
tagged a liberal, or Arizona's
Sen. Barry M. Goldwater, SYM
boil for conservatism? Or will
it be a businessman turned Of
fetal, like Michigan's Gov.
George w. Romney. or some
dark horse, professional polite
ian?
And will the 1864 campaign
have government busineSs-labor
relations as an important is
sue?
Mid-July is as full of stale
mates as vacationers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
BOP NEW PLANTS ATTRACTED
TO PUERTO RICO IN YEAR

NEW YORK (AP).-The number of new manufac
turing plants attracted to Puerto Rico during the
ended June 80 reached record 302 the commonwealhs
Economic Development Administration has reported
Negotiations completed for establishment Of
these plants with initial investment of nearly $50 mil
lion. They will bring to above $70O million the manufac
turing investment in Puerto Rico by SO of the largest
United States firms.
The previous one-year high was set In fiscal 1861
50 when 262 plants worth SCI million attracted
to Puerto Rico.
Rafael Durand. economic development administrator.
said that about SIS cent of the United States plants
for which negotiations completed during the last
year will locate outside the greater San Juan metropolis
tan area.
Major projects include $40 million alcohol deriva-
tives installation by Union Carbide, $79-mion ball
bearings plant by Ford and $6millon expansion Of the
commonwealth oil refinery.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17

that could in time lead to light
ening the disarmament cost
burden for taxpayers, and may
be they aren't. What that will
or won't mean to many COM
panies with defense contracts,
present or prospective, Wall
Street would like to know.
The rail labor strife may be
settled by the Presidents
study panel or by the Congress,
and maybe it can't be without
at least the calling of a strike.
And then maybe the rails would
be seized and maybe they
wouldn't. Shippers would like
to know, and so would business
men worrying about inventories.
And so would the truck and
barge lines.
Racial Issue
Civil rights legislation may
come to a climax soon or may
be dragged out further. The
uncertainty isn't good for bust
ness now. And the threat of
increased racial strife in many
parts of the Nation could dis
rupt much business planning.
The problem could last long
after its day in Congress.
Tax legislation is at the crit
ical stage in Congress. And how
it may finally turn out and
what it will do to business is
a major uncertainty Just now.
A tax cut could spur business
activity. Or, some say, it could
merely lay the foundation for
future initiation by increasing
the-Federal deficit.
For several weeks the finan-
cial markets have been sweat
ing out the expected rise in
short-term interest rates. Now
that the Federal Reserve Board
has raised the discount rate, the
charge to member banks for
what they borrow, other short
term interest costs are expected
to rise.
A question remaining is
whether this will send long
term borrowing costs up, too,
and If so, how soon.
The Stalemate here is be-
tween two prime monetary aims
checking the deficit in the
balance of payments and pro-
noting more business activity
that could provide more jobs.
If the long-term interest
rates go UP too high and toe
soon, some fear the business
growth that picked up this
spring could be Debated. And
deflation often is more of a
bugaboo to businessmen than
is initiation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
Machine Firms Win
Minimum WAGE Delay

Temporary injunctions stay
ing effectiveness of the ma
chine tool industry's minimum
wage determination were
granted to II machine tool
manufacturers in United States
District Court here yesterday.
Applicable only to the IL
companies, the temporary in
functions were granted by
Judge Joseph c. McGarraghy
pending a final decision by the
court on the legality of the
determinations under the
Walsh Healey Public Contracts
Act.
The manufacturers were rep
resented by the Washington
law firm Of Covington & Bur-
ling and requested injunctions
against the Labor Department
on their own behalf and on
behalf of other machine tool
manufacturers similarly Sit
uated.
The court ruled that any
firm not among the II original
compliments who might want
to bid on Government con-
tracts falling under the Walsh
Healey Act could file appro-
pirate affidavits and other
papers with the court and be
issued a similar Injunction,
with the provision that the
Labor Department could con-
test any such individual action.
If the legality of the de-
termination is upheld finally
by the courts, plaintiffs with
Government contracts subject
to the Walsh Healey provisions
while action is pending will be
liable for back wages, just as
if no injunction had been
icSIIod
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
u. S. League Accepts
Its 5.000th Member

The United States Savings
g. Loan League, which has a
large legislative office here,
has accepted its 5,000th mem
Der association, the newly
formed Fidelity Federal Saw
ings & Loan Association in
Huntsville, Ala.
The league has served as
the predominant national trade
association for the servings and
loan business for more than
70 years. It's present member
hold approximate
ly 90 per cent of all the savings
and loan assets in the Nation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
CurIoudings Decline

PHILADELPHIA (DD.-The
Pennsylvania Railroad said it
loaded 66,393 freight cars in
the week ended July Is, a de-
cline of 3.3 per cent from g.
662 in the comparable week a
year earlier. This was the first
weekly decline since the week
ended May 4 for the year
through July Is the Pennsyl's
loadings were 2,O28, 499.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
Payments Deficit

But increased short term
yields are backed by those hop
ing to. discourage further out
flow of investment funds. Flight
OF these funds to other money
capitals where interest rates
are higher has been one rea-
son for the deficit in interna-
tional payments that has re-
suited in piling up of surplus
dollars abroad. Some have been
turned in for gold and drained
United States reserves. Many
more could be. if the value of
the American dollar is doubted.
And another stalemate Just
now is politics. Business more
and more is involved in Coy
eminent actions at the three
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
YOUR MONEYS WORTH :
What Is the Cost
Of q Honeymoon?
By SYLVIA PORTER

London and Paris, your cost of
transportation alone will run
well over $1,000 - unless you
get on a charter. The difficulty
with charters is that they US
ually run month and require
at least six months member
ship within a group. If you're
lucky enough to get on a
charter, though, your transpor-
tation costs would be cut
about 40 per cent. Your expenses
in Europe are subject to wild
variation, but American Express
suggests an average of $40 to
SIS per person per day.
What about honeymoon costs
in big cities? Again, the costs
of honeymooning in such cities
as New York, New Orleans, San
Francisco, etc., vary immensely,
but you, as a typical couple
spending eight days In one of
these cities, should expect to
spend between $500 and $500.
You probably could cut costs
If you use a car to get to
your destination.
No Specific Towns
Do travel agents have spe-
cific tours for honeymooners?
None that I can find. They usu-
ally recommend the popular
spots mentioned above. There
are, of course, package tours.
What are discernible trends
to guide future honeymooners?
Group fares to Europe and
other parts Of the world will
become increasingly regularized,
and as this occurs fares will
be cut 40 to so per cent. This
will permit more and more
young Americans to go over
seas for their honeymoons, but
to do this you will have to
study carefully the rules for
chartered flights and know how
to use the flights for your pur-
poses.
Low-cost package" trips by
air. rail. bus will be available
In mounting variety to resort
areas and interesting cities from
coast to coast. The fly-drive
combination deal-under which
you fly to your destination, then
rent a car-will spread, too.
The average duration of the
honeymoon of the future will
be longer and you'll travel
farther and farther from home.
Distributed, 1853, by the Hall Syndicate,
! Inc. All Rights Reserved
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17

If you honeymoon in the
States, figure an average cost
of $447. If you join the surge
to the Caribbean, put the tab
at $500. If you go to Bermuda,
expect to spend more on your
hotel than transportation. If
you want to stay at the most
popular honeymoon spots,
choose Miami Beach over Nj
agara Falls, Majorca over Paris.
How much does a honeymoon
cost?
There are so many variations
on honeymoon expenses that,
says the American Express Co.,
we must invent a mythical cou-
pie. Okay, you're an average
groom among the estimated IL
million being married this year
and you're asking typical ques-
tons.
How long is the average
honeymoon and what is the
average cost? Eight days, and
a recent Modern Bride" sur
vey estimates the cost at SAT-
for honeymoons within the
States. $500 for a visit to the
Caribbean islands.
What are costs at the most
popular spots today? Here we
must ignore countless variations
and operate in round figures. A
couple going to Miami Beach
for an eight-day honeymoon
can expect to spend about $400.
If you choose Bermuda, plan
on about $675, with transpor-
tation taking $240. hotel $345.
If you go to Puerto Rico or
the Virgin Islands, figure on
about 5000. If you choose ira
ditional Niagara Falls despite
its fall from top place for hon.
eymoonerS, estimate the cost at
$3.50 to $500. If your dream is
a cruise to Bermuda and Mas
sau, your seven-eight day holi-
day should cost $3.50 to 5000.
~ Per Cent Go by Car
How do honeymooners in the
States travel to resorts? The
Modern Bride" survey indicates
n per cent go by car, about
10 per cent fly. the rest use
rail or sea transportation.
What about a honeymoon in
Europe? In this case, you must
have at least two or three
weeks to make it worth while
because of the cost of trans
portation. For instance, If you
want to spend half your honey
moon In Majorca, the rest in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
LOT Glass
Net Declines

TOLEDO. Ohio (AP).-Net
earnings Of Libbey-Ow
Ford Glass Co. declined nearly
100000 during the first six
months Of 1868, as compared
with the same period last year.
the company announced yes
terday.
The earnings this year to-
tailed $19,70l.37l, or $l.88 a
share. Over a similar period in
1852 the earnings were $780,
490.694 or Sl.96 q share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17

Oregon, Washington, Montana,
Utah and Idaho.
The antitrust indictment
said United Fruit charged sub
stantially higher prices in West
ern States where there was no
competition than where the
company faced competition.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
CPA Groups Arrange
Trdinind Institute

The District of Columbia
Institute of Certified Public
Accountants, the Maryland AS
ISOLATION Of CPAs and the
University Of Maryland have
Joined to sponsor a staff train
ing program designed by the
American Institute Of CPAs.
The program will be given
August 1920 at the univer-
sity. It will include two weeks
Of intensive training with en-
phasis on learning by doing. "
A CPA firm or practitioner
may enroll any staff member.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
Wheaton Bank Votes
Initial Dividend

The Metropolitan National
Bank of Wheaton, Md, has de-
clared an initial dividend Of 10
cents a share following its first
full year of operations, it was
announced by Board Chairman
John w. Amatucci and Presi-
dent Franklin H. Proudfoot.
The dividend, amounting to
$1,000. will be paid on July rs
to stockholders Of record as Of
July 10. The bank had $685.
600 Of assets and $4.261 900 Of
deposits on June 20, date of
the recent bank condition call.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17

States at the present time, Mr..
Matthew declared.
Guy T. Warfield. ST., of Balti-
more is president Of the new
group and Raymond A. DNFour
board chairman of the National
Union Insurance Co. Of WASH
ington, is vice president and
treasurer.
Headquarters have been es-
tablished in the Garrett Build
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
Grace & Co. Division
Will Form New Unit

BOSTON (DD-Dewey g.
Amy Chemical division Of
w. r. Grace g. Co. has formed
a new division to handle its
construction industry products
line, the company said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
Kaiser Industries
To Move DC. Office

Kaiser Industries Corp. will
move its Washington office to
the Farragut Building on Mon
day, July 20.
The office is under the direc-
ton Of Ward c. Humphrey,
vice president.
Presently located at 1925
I street NV, 1t serves all
Kaiser companies, including
Kaiser Steel, Kaiser Aluminium,
Kaiser Keep, Permanente &C.
ment and Kaiser Engineers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
Many Questions
Without Answers
Battle Business
BY SAM DAWSON
Associated Press Business Writer

NEW YORK-Staemate psychology is plagung both the
stock market and business planners at midsummer Too
problems at the maybes maybe-no stage today for
comfort
Moscow maybe the Russians ready first steps
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-17
U. S. Syndicate to Insure
Major Worldwide Risks

ing in Baltimore under the d.
rection Of Mr.. Matthew. He will
be assisted by Robert j. Pelzer
as secretary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-13
FRIDAY

800 pm. "a What in the World. Jacques
lipchitz joins panel.
$50 pm. q Burke's Law. Ed BegIey,
TerN-Thomas, others.
$50 pm. "a Festival Of the Arts. Ros-
sinis Va Scala Di Seta."
SATURDAY
las pm. Cd NcAA Football. Pittsburgh
VS.. West Virginia.
500 pm. q Wide World of Sports.
National Championship Drag Races
tIndianapoIisl.
7:3o pm. q Hootenanny. From Unlyer-
sity Of Arizona.
.L:- - - - $50
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-13

SUNDAY
11:3o am. a En- France. tPremierel
Dawn Adams. teacher.
$50 pm. q AL Football. Buffalo at
Kansas City.
400 pm. @ Golf. Ladies PEA finals.
ZOO pm. q Closeup. Taxicab Dilemma.
900 pm. @ Special Tribute To Eleanor
Roosevelt.
900 pm. q Judy Garland Show. Lena
Horne. Terry-Thomas, guests.
$50 pm. @ Under Discussion, "Are
Writers 0bsessed With Sex?"
1000 pm. q Show of the Week. "The
Takers" Claude Rains, others.
MONDAY
$50 pm. q Wagon Train. Michael
Rennie, guest.
$50 pm. @ Andy Griffith Show HOWE
Morris, guest.
TUESDAY
7:3o pm. q Mr.. NoVak. Dr.. Frank
Baxter, guest.
500 pm. % Jazz Casual. Carmen McRae.
guest.
WEDNESDAY
7:3o pm. q Chs Reports. The Great
American Funeral.
900 pm. 90 The Open Mind. Profile Of
Katherine Anne Porter.
900 pm. q Ben Casey. Part |, "EehO
Of Silent Cheer"
1000 pm. % Saga of Western Man.
Part J. 1892 Fredric March as
Columbus
Evening star., 1963-02-28
Gen. Barton, 73,
Led 4th Division

AUGUSTA, Ca. Feb. 2S (AP)
Maj. Gen. Raymond Oscar
Barton, 73, U. 8. A. (ret0. COM
mander of the famed 4th In
fantry Qvy Leaf Division dur
ing World War II. died yester-
day at the United States Army
Hospital at Fort Gordon near
Augusta after an extended ILL
ness
In an interview three years
ago he recalled:
I'VE were the first American
troops to land at Utah beach
In Normandy on D-Day. the
first American troops to reach
Cherbourg. the first American
troops to break through near
st. 10. the first American
troops to reach Paris and the
first American troops to break
the Siegfried line"
A native Of Granada, Colo,
the general retired in 1e46 after
q long and distinguished mill
tary career. and settled in
Augusta.
Survivors include his wife,
Mrs. Clare Fitzgerald Barton;
q son, r. o. Barton. jr., Au-
gusta; a daughter. Mrs. A. j.
Redd, San Angelo, Tex; a sis
ter, Mrs. Felix E. Smith, San
Angelo; a niece and four grand
children.
Evening star., 1963-02-28
::Huys Robbery Suspect
Faces Adult TrioI at II

The II = year old youth
charged with robbing the wife
Of Brooks Hays, White House
special assistant, and breaking
her wrist, was waived to the
jurisdiction Of District Court
yesterday.
The defendent, Huntley Ruff,
tr., after being waived by
Juvenile Court. appeared before
United States Commissioner
Sam Wertleb where bond was
set at $4,000. Three other
housebreaking charges also will
be sent before the grand jury.
Ruff is accused Of entering
the Hays home at 3l4 Second
street Sc. on January 20
through a downstairs window
and surprising Mrs. Hays while
she was sewing upstairs.
She told police she gave him
about $l2 after he threatened
her life with a pair Of scissors.
She later learned that her
wrist had been broken during
a brief scuffle with the youth.
= Juvenile authorities gave
Ruff's address in the 1900 block
Of Canal street Sc.
Ruff's Juvenile Court record
shows he has been found guilty
Of several offenses during the
last three years, including as
sault with intent to commit
Evening star., 1963-02-28
Charles Bird, 81,
Letter Carrier
For IS Years

Charles E. Bird, a letter car
rier in Takoma Park, Md, for
over 35 years, died of a heart
attack Tuesday in Broom Is
land, Md. He was 80.
Mr.. Bird. a Washington area
resident for so years, moved to
Broom Island following his re-
tirement in 1914.
He leaves two sons, Charles
A., of 6616 Cockerill street, Ia
koma Park, Md, and Norman
j., Of Westminster, Calit.; and
a daughter, Mrs. Camille Sim
ons of 1913 Cahart place, Silver
Spring, Md.
Mr.. Bird also leaves a sister,
Mrs. Fred Lentz of 1905 q
street Sc. and nine grandchil-
dren and two great grand
children.
Funeral services will be held
at II am. tomorrow at the
Harkness Funeral Home, Prince
Frederick, Md. Burial will be al
st. Paul's Episcopal Church
Cemetery.
Evening star., 1963-02-28
Woman Named
Secretary of
Virginia 6. O. P.

Mrs. Ceres H. Gaskins Of
Great Falls has been named
executive secretary Of the Vir-
ginia State Republican party
and will work out Of the newly
opened COP. headquarters In
Mclean.
Her selection was announced
by State Chairman Horace Z.
Henderson. whose headquarters
is in the Kaul-McLean Build
ing in the Fairfax County
community.
Mrs. Gaskins. q longtime
worker In Republican affairs,
Is q past president Of the Vir-
gtnia Federation Of Republican
Women and q former member
of the COP. State Central
Committee. She formerly was
q COP. member and secre-
tary of the Fairfax County
Electoral Board for IL years.
Evening star., 1963-02-28
$676,5OO Pledged
To Bonds as 500
Fete HimmeIfurb

Nearly 500 Jewish residents
of the Metropolitan Area last
night pledged s676.500 toward
the purchase Of Israel bonds
during a banquet honoring Paul
Himmelfarb, local real estate
operator and philanthropiSt.
The banquet, held at the
Sheraton-Park Hotel. was in
tribute to Mr.. Himmelfarb's
service to pre-Israel causes,
with special reference to his
role as one Of the major Israel
bond investors in this country
Mr.. Himmelfarb, cited as "A
Man Of the Years." was pre-
sented a silver map Of the
Jewish state by Ambassador
Abraham Harman Of Israel.
Eight other community or
ganizations also honored Mr..
Himmelfarb for more than a
half-century Of service to their
respective groups.
The presentations we're fol-
lowed by a concert featuring
Jan Peerce of the Metropolitan
Opera Company.
Mr.. Himelfarb, who lives at
the Woodner, $685. Sixteenth
street NV, is president Of
Himmelfarb Investments, Inc,
and manager Of the Penn Bowl
ing Recreation Center.
Evening star., 1963-02-28
Court Of Appeals
Upsets Conviction
In SIT Robbery

A SGT robbery conviction was
reversed today by the United
States Court Of Appeals on the
grounds that there was in
sufficient evidence to uphold
the jury verdict.
The case involved George r.
Hunt, who was accused Of
snatching q wallet from a
woman's purse on q crowded
bus.
The appellate court pointed
out that robbery is Q theft by
force or stealth from a person,
while larceny Is q mere theft
and not from an individual.
The evidence showed that
the woman did not see who
took her wallet. She looked
down and saw that her purse
was open and that the wallet
was missing. Then, through
the bus window. she saw Hunt
leaving with another man. She
called q policeman, who
spotted Hunt. He began to run
away and threw her wallet in
to o gutter.
The appeals court said that
the Government had failed to
prove beyond a reasonable
doubt that Hunt had taken the
wallet from her purse. 1t re-
versed the conviction and Or
dered a new trial on the lesser
offense of larceny.