davidaulloa/AmericanStories huggingface dataset:
The Nome nugget., 1963-07-29
Out an-Out Lie"

TOKYO tR - Peking radio says an Indian report Red China is again massing troops on India's borders is an "out-and-out lie"
 The Peking broadcast Sunday accused Prime Minister Nehru of keeping tension high for political reasons. Nehru warned Saturday that the border situation is full of menace"
The Nome nugget., 1963-07-29
Maqistrate's Court

Richard Lee of Solomon was fined $10 for driving without a license and $2.0O for driving with out a tail light.
 Taylor Moto Jr. was given a 20-day suspended sentence for being drunk in a public street.
The Nome nugget., 1963-07-29
Mrs. Caroline Coons and her two

daughters returned from a vaca- tion trip to the east where they have been since school let out. Mrs. Coons, who is the remedial reading teacher here, will spend the balance of her vacation at her Cape Nome summer camp with her family.
The Nome nugget., 1963-07-29
Announce Coming Marriage

MT. and Mrs. John Ost have an nounced the coming marriage of their daughter, Meta Eileen to John Riley on Aug. Is at the As sembly of God Church in Tacoma.
The Nome nugget., 1963-07-29

Allison Munz. Nome-born daugh- ter of Bill Munz, arrived from California to visit here with her father who is mining at Bluff this summer.
The Nome nugget., 1963-07-29
Arley R. Evans. of Cold Bay

OofU has been selected to replace Jim Ray as flight service station chief here for the FAA. Mir Evans has had 28 years of service and comes not as a stranger having been sta- toned here with his wife Bernice in l941 for CAA and looks forward to seeing many of their former friends.
The Nome nugget., 1963-07-29

Joe Walsh. who has been sta toned here for the past year with the FAA, has been named station manager for Kotzebue and will be leaving with his family to make his home there.
The Nome nugget., 1963-07-29

MT. and Mrs. Alvin Schadler arrived from Covington, Ky, to visit here with their son, Dr. John Schadler and family, and enjoy their five grandchildren.
The Nome nugget., 1963-07-29

Arlene Muller. Deputy Magi- strate, leaves for St. Lawrence Island today to hold court.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
Area Store Volumes
7 Pet. Above 1862

Department store sales in the
Washington Metropolitan Area
were 2 per cent ahead Of a year
ago in the week ended February
%, and also 36 per cent above
the previous week. the Federal
Reserve Bank of Richmond re-
ported.
Area sales in four weeks ended
February % were up 8 per cent
from a year ago and for the
year to date were up 7 per cent.
The downtown portion of the
area sales total was 2 per cent
behind a year ago in the week
ended February 20 and 80 per
cent ahead Of the previous week
Four weeks downtown sales
were even with a year ago and
those for the year to date were
up 2 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

miracle and crystal ball offers
that are flamboyantly adver-
tised in so many publications.
About the best you can expect
from any investment advisory
service is a conscientious job
OF research, good factual ma
terial and sober recommended
tons.
The big financial services
Moody's, Standard g. Poor's,
United Business Service, Bah
sons, Fitch's, Value Line and
Argus are examples Of the ex-
perienced organizations that
have been in business for many
years. Each provides q weekly
report or survey covering bust
ness conditions In general and
according to industry. Facts,
figures and recommendations
are presented on the stocks of
selected companies.
MOre-speciaIized services -
Next, consider kind of hodge,
podge group Of services that
generally play up q special angle
or treat a particular group of
stocks. Generally speaking,
these specialized services pre-
sent the theories and research
Of one man or a small group.
They give q more individualistic
approach than the larger serv-
ices such as Moody's or Stand
ard g. Poor's.
Brokers' market letters -
Many brokerage houses send
free to their clients q periodical
market letter or survey. Some
can be subscribed to for a fee
by inconsistencies.
Some brokerage houses will
analyze your securities hold
ings without obligation. We
know Of one, for example
which will send anyone, includ-
ing non-customers, q form to
be filled out with personal and
financial information, invest
ment detectives and securities
owned. The firm will then send
back an analysis and recon-
mendations.
Financial magazines Some
general information on indus
tries and individual companies
is given by financial maya
zines.
copyrightC 1862. By the Kiplinser
Washington Editors, Inc. Condensed
from The Kiplinger Book on Investing
for the Years Ahead" published By
Doubleday d Co.. Inc.
Monday: How to pick an in
vestment trust.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

over a long period that exist
ing banking facilities were ade-
quate. Mr.. Saxon, shortly after
he entered office. approved an
application for the District Of
Columbia National Bank in
March, 1862, and this institu-
ton has opened at 1872 K
street NV.
A second new charter was
granted last month for the
Public National Bank to be
located in the vicinity of YER
mont and K streets NV.
Existing banks generally have
criticized the granting Of new
bank charters here on the
grounds that present facilities
are adequate and that new
charters tend to reduce the
amount of business available
to maintain strong institutions.
Mr.. Saxon, however, has con-
tended that the growth Of
Washington justifies the estab-
lishment Of new banks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
Research and Development
TotuIed SIS Billion in go

National expenditures on SCI
entific engineering research
and development amounted TO
nearly SIS billion In fiscal 1862
and are expected TO reach SIT
billion In the current fiscal
year.
This report was issued today
by the National Science Foun-
dalton In q survey Of both
Government and private Rad
projects. The latest figures re-
fleet q 81 billion rise from
FY6i 10 FY62 and q continual
ton Of q chronological trend
OF the last decade.
About 90 per cent Of the
RAD outlay was for develop
ment and 10 per cent for basic
research. NSF said. About two
thirds Of the total was financed
directly or Indirectly by the
Federal Government. nearly
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
C&P Will Spend
sos, 900 on Plant

Directors Of Chesapeake a
Potomac Telephone Co. have
appropriated sos. 900 more for
plant additions and improve
ments. reported J. Hillman
zahn. vice president in charge
of the Washington company.
January net income was
$705, 900. compared with $679.-
900 in the same 1862 month.
Operating revenues amounted
to $6.67s,0O0. compared with
So, 156, 900.
The company had 682,779
telephones in service on jan
uary 81, compared with S66l,-
1853 a year earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

one-half through contracts
with industry. The Govern
ment's Gin house" RAD IA
cilities accounted for slightly
more than 50 billion.
The NSF figures showed that
annual national RAD expendi-
lures have trebled over the
-fiscal-year period 1o54-62.
In the same period RAD fund
ing as q percentage Of the
gross national product doubled,
from I.4l per cent In FY54 10
asa per cent IN FY62.
A Data Sheet on Research
and Development" showing de-
tails on both basic research
and total RAD. Is available
without charge from the Of
flee Of Economic and statisti-
cal Studies. National Science
Foundation Washington rs.
DC.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

panies in the United States
and Canada have followed
suit.
Gifts to colleges. says Ken
meth Patrick council vice presi-
dent, reflects a slowly chang
ing attitude Of corporations,
who now look at such schol-
arships as an investment for
them to survive"
Perhaps there also is the re-
alization." he adds. that you
have to SOW seeds 10 or II
years before you need people
and inventions. Many compa-
mics now have specialists who
do nothing but develop reason
able programs of investment In
education answerable 10 the
company's needs"
The programs are as varied
as the companies behind. them,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

Bookkeeping and handling
charges are proportionately too
great for a bank to accept small
trust accounts. Many banks,
however, have an arrangement
for pooling small trusts and
investing them as a whole in
what is called a common trust
fund"
Investment cOmpanies-One
Of the most satisfactory meth
DDS Of obtaining professional
management of small and me-
dunn sums is through the pur-
chase Of shares in a we'll
managed investment company.
This amounts to buying invest
ment advice, not on an indi-
vidual but on a mass basis. The
idea is that instead of owning
stocks direct, you might prefer
to own an interest in a bundle
of securities selected by some
one else - in this case, the
managers of the investment
company or. as it is sometimes
called, the investment trust.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
FAAAwards
Contract for
DuIIes0ffices

The Federal Aviation Agency
has awarded q contract allow
ing q private firm to build and
operate an office building at
Dulles International Airport.
Under o 40-year agreement
the firm known as Dulles En-
Iterprises Of Fairfax, Va, will
be allowed to erect a building
on o tract covering 121,851
square feet, a half-mile north
of the airport's terminal build
ing. The Government will re-
ceive an annual rental of Is
cents per square foot of land
occupied, the FAA announced.
The agency said that design
and construction details of the
building, the second of its kind
planned at Dulles. viii conform
with the airport's master plan.
1t viii have at least 10000
square feet Of disable floor space
for professional and admins
trative offices. the FAA re-
ported.
Construction is expected to
begin in late summer or early
fall and completion is scheduled
for mid-1964, the agency said.
The other office building, au-
thorized last year when the
FAA signed an agreement with
the First Chantilly Corp. of
Fairfax, Is slated to be COM
pleted late this year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

Investment clubs Accord
ing to the adage, there is safety
in numbers. Some people feel
more confident investing in a
group. One way to do 1t is to
start or join an investment
club.
DO-it-yOurself The course
that most investors take is to
worry out their own program,
using such brains and ingenu-
ity as they have, plus the adj
vice that's always available
from brokerage houses, market
services and publications. Try
to pick a broker who has the
long-term trading point of view
rather than the short term
trading point Of view and one
with a proven good record.
Advisory services Once a
person takes an interest in in
vesting, he will discover that
q welter of published advice is
available. He should be careful
to separate out that which is
realistic and useful from the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

Sears Roebuck. which got its
start catering to rural Gus
toners via catalogs, offers ag-
ricultural scholarships. Last
November several steel and coal
companies established q lecture
series at Carnegie Tech on
There are indications, in fact.
that some company founda-
tons may educate themselves
out Of certain areas. The Ford
Foundation recently said 1t will
end its aid 10 business educa-
ton in colleges by 1868.
The institution. which has
handed out $24 million since
1854 when Il began the scheme.
said schools Of business have
broadened and improved so
much that their own parent
universities. impressed with
results. are picking up the tab.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
BY DONALD b. HADLEY
Star Financial Editor

Application has been filed
with the Controller Of the Cur
rency for permission to organ
ize a third new washington
bank.
Louis c. Paladini, a former
Washington banker, heads the
organizing group. which has
proposed an institution with
initial capital funds Of 81 mil
lion.
jefferson National Bank of
Washington is the suggested
choice of a name for the new
bank. Alternates are Mer-
chants National Bank and Fed
eral National Bank.
The application lists a pro-
posed location in the vicinity
of Connecticut avenue and M
street NV, and an alternate
choice as the vicinity of Eight
zenith and @ streets NV.
Mr.. Paladini. now executive
vice president of the Floyd E.
Davi Mortgage Co. was cashier
of the old Lincoln National
Bank before its merger with
Riggs National. Later he was
treasurer Of the Munsey Trust
Co. before its merger with
Union Trust Co. Before joining
the mortgage company. he was
vice president Of the Broward
National Bank Of Fort Lauder
dale, Fla.
Group Members Listed
In addition to Mr.. Palladini,
members Of the organizing
group include: Charles E.
Smith. head of the Charles e.
Smith Co., large building firm;
DR.. julius s. Neviaser, vice
chairman Of the department of
orthopedic surgery at WASH
ington Hospital Center: Sam
uel P. Cohen, Washington
builder; M. B. Hariton, Certi-
fled Public Accountant; d. F.
Antonelli. IT,. president of Park
ing Management. Inc; King
don Gould, IT,, vice president
OF Parking Management. Inc,
and q Washington attorney and
builder; Arthur q. Lambert, at
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
Washington Gas Net
Well Above 1862

Net income of Washington
Gas Light Co. amounted TO So
063,09l In January. compared
with $2.408.790 in the same
month last year. the company
reported today.
Operating revenues totaled
sl4,45l.l84. compared with
Sl2, 279.933 a year earlier, OPP
Grating expenses amounted to
$ll,ll9,67l, compared with So
547, 762.
The company had 427,303
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
CHICAGO
LIVESTOCK

CHICAGO, Mar. (AP) (UsDA).-
Cattle, $500. calves, none; rather
SLOW, .slaughter steers mostly rs lower
with high good and choice over 1900
lbs 80 lower heifers, cows and bulls
s.s san io s,rI Loads mostly prime Loo
choice and prime 1,1bO-l.3T5 lbs
-. 76-2b.2b; choice cool 200 lbs
"A, 0O-2b co. comparable grade l,2OO-
1 400 lbs 23.b0-24.6 so; good DOO-i 600
q 60-23.76. few loads choice 900
scattered lots mostly Sood s2 800 SS- "a ~;
utility and commercial cows 1895
1880: tanners and cutters 1900
i4.2b; utility and commercial bulls
iS,O0-20.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

growth has been very profitable
for some companies.
Pepper Industry
This industry has grown
with the development Of the
country. Like some of the
others, such as the oils and
cements, it had problems of
over-capacity in the early
1960s.
Rubber Industry
The rubber industry has
gone into other lines In an eff
fort to get rid Of the con-
tinual ups and downs. In par
ticular, 1t has gone aggresSively
into chemicals.
Insurance Industry
Earnings Of life insurance
companies have grown and
and should continue to grow
as more life insurance dollars
are needed by the survivors tc
offset the decrease in the dol
lars purchasing power. This
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
Auto Liability Rates
Raised in Virginia

The State Corporation Com
mission at Richmond, Va. yes
terday approved a general in
crease in Virginia auto liability
insurance rates. effective April
/.
While the rates vary by ter
ritory. they Appropriated a
statewide average increase Of
rs per cent for private passen-
ger cars and an average in
crease of 8.8 per cent for COM
mercial autos.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

torney; Jack I. Bender, builder,
and Leonard L. Silverstein, at
torney.
A spokesman for the group
said proposed capital funds for
the new institution would in
clude capital stock of So mil
lion represented by 100000
shares of $40 par value. surplus
of $1,750,000 and undivided
profits of s250,000. If the APP
plication is approved. it is con-
templated that the shares would
be offered at $40 a share.
The spokesman stressed that
details Of the proposed insti-
tuition have been outlined in
the application only on a ten
tative basis subject to later
modification to meet require
ments Of the regulatory author
ties or conform with changing
conditions.
Would Be Third
If the new bank is approved
by the Controller of the Cur
rency, James j. Saxon. it will
become the third approved by
him and the third new WASH
ington institution in three
decades. It would increase the
Washington bank total back to
IA after a long decline caused
by mergers and acquisitions.
Preceding controllers ruled
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
MergenthoIer Votes
Quarterly Dividend

Directors Of Mergenthaler
Linotype Co. have declared the
usual quarterly dividend Of Is
cents q share. Secretary Donald
Reich reported.
The dividend viii be paid
March % to stockholders of
record at the close on March 8.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
Oil Industry

The big international oil
companies have this advantage
Their activities are SO broad
that what might upset a COM
pany in one place is not likely
to hurt the company as q
whole.
Another point: most of the
oil companies have large in
terests In natural gas and
chemicals made from natural
gas-a fast-groWing field.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
INVESTING AHEAD-5 Business Stock, 4,
Here's How to Pick Companies for Stock Growth

industry should continue to be
a good place to invest.
Cos and Transmission Industry
Here is an industry that
produces gas, transmits it from
coast to coast and distributes it
to consumers. The industry's
biggest trouble has been in
getting rates favorable enough
to offset rising costs.
Food Industry
This is one Of the more con-
sentative industries, generally
thought of as stable and de-
preston resistant. Nevertheless,
1t includes companies that have
SHOWN very satisfactory growth.
How to Get the Facts
If the investor viii strive for
perspective on himself and
learn his strengths and weak
nesses, he usually can combine
his own judgment with outside
help in the proper proportion
to make a success Of his in
vestment program. Here are
the possibilities:
Investmen counseI0rs -
These are professionals in the
business Of providing individ-
ual investment advice for o fee.
You must have capital Of at
least 100000 or you cannot
afford the fees that most Of
the better known investment
counseling firms charge for
giving you individual atten-
ton. Investment counselors
commonly charge " Of per
cent annually Of the capital
involved, with minimum annual
fees Of from $500 to as high
as $4,000.
/ A few investment counseling
firms have tried to supply the
needs Of the small or medium
sized investor. Some counseling
firms manage investment COM
panies In which anyone may
purchase shares, sometimes
without payment Of any sales
commission. or load.
Trust departments Of banks
About 20 per cent Of the
banks in the United states
, have trust departments. De-
pending on the policy Of the
bank, an investor with, say,
; $4,000 can either open an in
, vestment advisory account OF
set UP ian individual living
} trust.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
INVESTMENT IN BRAINS
Industry Grants to Education
Approaching $500 Million Level
BY TRUMAN r. TEMPLE
Star staff Writer

Next summer the University
Of Virginia win award 40 fell
lowships to professors Of eco
Monies from various colleges
permitting them to do graduate
studies under q new program.
The money comes neither
FROM its alumni fund nor q
central endowment, but from Q
private corporation whose
headquarters are deep in Yam
kee country.
The source is the General
Electric Foundation, and the
event points up a little-noticed
shift In donations by American
corporations away from char
tiles and increasingly into ed
ucational Institutions.
In 1850. education accounted
for only II per cent of total
corporate giving, according to
the Council for Financial Aid
to Education. Last year the
proportion rose to about 35 per
cent.
Total Is Rising
The dollar total is rising, too.
In 1850 American companies
distributed an estimated total
of $43 million to various causes.
The council estimates the fig
ure topped $500 million last
year and expects 1t TO reach
$500 million by 1870.
Tax laws, TO be sure. have
helped encourage the trend. A
company can claim up to 5 per
cent Of its taxable income as
q deduction If the money goes
to such sources as educational,
religious or charitable institu- !
tons.
But more and more firms are
regarding scholarships as an
investment that goes far beyond
tax savings or an attempt to
create q favorable public image.
"GE feels that to survive. q
company like ours must have
innovation" q spokesman ex-
plains. This means brains.
hence education. and all the
rest follows"
General Electric has been i'm
mersed in various educational
programs ever since 1892 when
1t was founded, and the COM
pany's list Of Developments and
inventions Is impressive evil
den&e that 1t knows what It's
talking about. Among them are
the hermetically-sealed refrig-
orator, the electric blanket. in
candescent and fluorescent
lights. electric ship propulsion,
silicones and even the lowly
garbage disposer.
Hunt for Brains
The hunt for brains is Illus
trated by another statistic.
About q third Of GEES quarter
million employees today are
manufacturing products un-
known or that were merely
ideas In the company's labora-
tories 10 years ago.
The company Is so sold on
the value of education that II
has q whole spectrum Of pro-
grams going. Among them are
education loans 10 employees
who borrowed So million In
the last six years, chiefly 20
send their children 10 coIlegel /;
tuition refunds tsl million be-
tween August. 1861 and August
1862 for college courses taken
by employes). and more than
81 million In matching funds toI
colleges under a program en-
couraging GE people TO sup
port their alma matters. Since
GE started the latter scheme
eight years ago, 400 other COM
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
Would Be Third
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,
March 7, 1853:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
Tobacco Industry

This is an industry generally
considered stable but some
companies have shown better
growth than others.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
Utility Industry

There probably is no field
where growth Is as certain as
in the utility industry. While
the rates are regulated, which
is generally an unfavorable
characteristic, the State Com
missions allow the companies
to earn enough money to
finance expansion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

through their own research de-
partments, will develop prod
ucts which will be competitive
with the smaller ones.
Banking Industry
This II a field which has
appealed largely to the insti-
tutional or the professional in
weston. However, it has shown
considerable growth.
Choin Stores
The whole chain-store in
dustry. including food stores
and variety stores, recently be-
gan to undergo q major revolu-
ton. The future is difficult to
foretell, especially as to
whether it will be profitable.
However, certain companies
should thrive.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
By JOHN W. HAZARD and LEW G. COLT

Growth stocks of good quality opinion are the
readers Of this series should concentrate The should
diversity and try TO balance the companies with
those that semiconservative resistant
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01

Aluminium Is an industry
which was depressed in the
early 1960s because production
was greater than consumption.
Despite the setback, some COM
panies should show very sub
stantial growth.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-01
Approval for Third New D. c. Bank
Sought by Group Headed by PaIadini

gas meters in services on jan
uary 81, compared with 415.614
a year ago.