davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Firm Rejects Bid
By Chain Belt Co

MILWAUKEE, DD-A pro-
posed 81 million acquisition of
Webster Electric Co. by Chain
Belt Co. has been rejected by
WebSter's board of directors
and discussions between the
companies have terminated
Chang Belt reports.
In a letter to stockholders
Webster Electric said: After
careful study of the contem.
plated combination with the
strong and successful Chair
Belt organization, the Webster
board felt 1t in the best inter.
ests of the shareholders to re.
main independent" The direc.
tors gave no further reason foI
their decision.
Chain Belt had said it plan,
nee to issue in excess of co.,
900 shares" of its stock to &C
quire the Racine (WisD make
of hydraulic components.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
BY DON BACON
Star Business Writer

Atlantic Research Corp, of
Alexandria, Va, is preparing
to launch a series of test rock
cts this fall from Green River,
Utah, to White Sands, N. Mex,
470 miles away. 1t is the first
time rockets will have been
launched from one point to
another over populated areas,
in the United States, a COM
pany spokesman said.
The launchingS will take
place under Phase II of the
Air Forces $40 million Athena
program, of which Atlantic is
prime contractor.
M. Lee Rice, Atlantic Re-
search president, announced
yesterday that the firms Mis-
sile Systems Division has COM
pleted the first phase of its
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Capital Hotel Sales
74.6 Pct. Behind 1862

Sales of member hotels OF
the Washington Hotel Associa-
ton Jagged 14.6 per cent be-
hind a year ago in August and
for the first eight months of
thiSi year were down IL per
cent, according to Bourbon A.
Dawes, executive vice president
of the association.
August room sales were off
14.7 per cent from a year ago
and for eight months were
down 7.3 per cent. August food
sales were down Is per cent
and for eight months Jagged
So per cent behind. Beverage
sales in August we're 17.2 per
cent lower and for eight
months we're down To per cent
Occupancy was 65.1 per cent
in August, down IT'S per cent
from a year ago. Eight months
occupancy of 69.2 per cent was
lis per cent lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Suburban rust to Replace
4 Area Branch BUILDINGS

riott Twin Bridges Motor
Hotel was opened officially last
night at a reception for trade
association executives, the
travel industry and the press.
J. Willard Marriott, jr., was
host for the reception. j.
Willard Marriott, ST., president
of Hot ShoppeS, and directors
of the rapidly growing Wash
ington chain also attended.
The new facilities will enable
the Twin Bridges Marriott
Motel to handle all types OF
large-scale conventions. They
include two large bathrooms, a
modern exhibit area and q
banquet kitchen. These supple
ment the hotels Persian Ball
room, which accommodates
1000 persons, and the Potomac
Ballroom, which accommodates
500
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Boom Demand
Seen for Steel

NEW YORK (AP). - The
Iron Age, Woodworking weekly,
forecasts that 1868 will go
down as boom year in United
States steel consumption. TAX
ing into account domestic pro-
duction and imports.
The magazine placed prob
able domestic output for the
year at more than LOG million
tons, the largest in six years
and about II million tons under
1855 record.
Imports of foreign steel
probably will come to mil
lion tons more, pointing to
overall consumption Of ITO
million tons, it said.
The total for the year I'M
derScoreS the high rate of steel
consumption that STAYED off
a severe market collapse fol-
lowing the steel labor settle
ment Gin early june" tn e
Iron Age said.
The current order picture
was described as "deceptively
quiet" while the industry awaits
buying decisions by automak-
ers. who as a group represent
steels second best customer.
Production, rising slightly
last week for the third time
in a row, lowered at about So
per cent of capacity as against
a peak of around 85 per cent
achieved in late May.
Even so, output for the first
eight months of the year was
about 8 million tons ahead OF
the year-earlier period.
The Iron Age said a simple
projection based on late August
operations pointed to the l06
million total for the year
land the mills do expect i'm
provement."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11

cents a share, up 81 per cent
from $66,318, or 26 cents a
share, the year before. Earn
ings per share for the 1862 year
are re-stated for the 100000
shares outstanding at the end
of the latest fiscal year.
Net sales last year were ST.
845,O36, an increase of q per
cent from $2,243,199 in the 1862
fiscal year.
District Photo is a whole
sale professor of color and
black and white film and a
wholesale distributor Of photo
supplies. In addition it oper-
ates seven retail camera de-
partments in the Washington
Baltimore area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Atlantic Research to Fire
TT Test Rockets in West

problems presented by the
larger, more complex ICBMs.
Phase II Of the program in
wolves the launching of multi
stage test vehicles from a site
near Green River for flight to
a point of impact at White
Sands. The territory netWeen
the two points is Sparsely pop
ulated, the company spokes-
man said. The rockets are &C
curately controlled, and offer
less danger to land areas than
do ordinary airplaneS, he added.
The company will build and
launch II of the rockets over
an l8-month period. The fWst
is scheduled to be ready for
firing sometime this fall.
Atlantic Researches Missile
Systems Division, at Duarte,
Calf. is directing the COM
pany's participation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11

work on the Athena Test pro-
gram at the White Sands Mis-
sile Range.
The last in a series of Is
special Nike-Apache test rock
cts was launched from White
Sands last month. The two
stage sounding rockets. all OF
which were launched success
fully, were designed by Allan
tic Research to carry several
payload configurations to be
used on the forthcoming Sec
ond phase of the program.
The Athena vehicle will be
used to simulate interconti-
mental balliStic missile flight
conditions at varying veloci-
ties and re-entry angles, the
company said. Athena rockets
are designed to reduce the
costs of studying re-entry
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Dividend Is Slated
By District Photo

Directors of District Photo,
Inc, announced yesterday the
beginning of a regular semi
annual dividend policy of five
cents a common share, the
first to be paid october Is, to
stockholders of record Octo-
Der /.
1t is the first cash dividend
declaration in the company's
l4-year history, Melvin S. Co.
hen, president, said.
He also said the company'E
preliminary figures for the fis.
cal year ended June 80 show
net income of $80,539, or 81
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
18Th Building
Begun al Park
BY CHARLES COVELL
Star Business Writer

A $325,O00 building covering
$1,000 square feet on a three
acre plot soon will be the
latest addition to the rapidly
growing Southlawn Office anG
Industrial Center on the
northeast edge of Rockville,
Md.
Footings are in for the
building which was designed
by architect Stanley P. Lewis
and is being built by the Glen
Construction Co. of Rockville
for Joint occupancy by the
Lane Lumber Co. and Mary
land Cast Stone Co. Compile
ton is scheduled in tive
months.
Mr.. Lewis designed all but
one Of the IL buildings which
now occupy the park, and
John (Tree) Adams says the
new structure will bring to SIS
million the total value of the
land and buildings erected In
the two years the project ha
been under development.
Mr.. Adams is the former
'Notre Dame and Redskins
tackle who turned to building
custom homes after the foot
ball wars. A big man who
thinks big. he formed q part
nership with Roger w. Eisin-
ger, jr., a lumber merchant
and they acquired the 60-acre
Lafstrand farm which they
have been turning into the in.
custrial park. Part was an.
nexed by the City Of Rockville
in November, 1861, while the
rest is in Montgomery County
A third member of the firm
is John K. Kilbane, who joined
it as an investor and is now
doing the leasing and aiding
in the promotion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Reyno|ds&Co.
Names Rouse

Edgar B. Rouse, former pres
ident of Rouse, Brewer, Becker
and Bryant, and supervisor of
the over-the-counter market
here for a quarter-of-a cen
fury. has become a special rep
resentative in the Washington
office of Reynolds & Co., New
York stock exchange members.
He has been chairman of
the Washington and of the Ma
tional Association of Securities
Dealers for 2 years and until
last year also was chairman of
the NASD's committee for Dis
trict No. 10, which includes sew
eral nearby States. He was a
member of the NASD's national
quotations committee for sew
eral years.
Mr.. Rouse and other part
ners of Rouse, Brewer, Becker
and Bryant recently sold their
firm to Reynolds & Co. The
other partners announced their
move to McDonald's & Co., but
Mr.. Rouse had. not made his
decision.
He started in the securities
business here in 1926, was with
Robert C. Jones & Co. from
1881 to 1850 and then organized
his own firms.
| Mr.. Rouse was president o.
the old Washington Stock Elk.
change before it's merger with
the Philadelphia-B a ltim o re,
Washington Stock Exchange
and later was chairman Of thu
Washington branch COMMITTEES
Of the larger exchange. He il
a past president of the Wash,
ington bond club and also is ;
director of the Cosmopolitan
Club.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Pennsly No. |
u. ). Road in
All But Profits

NEW YORK (AP).-Despite
shrinking operations and plant,
the Pennsylvania Railroad re-
mains the Nations No. l rail
carrier on most counts.
The PennSy ranked first by
eight of IL standards selected
for a new statistical analysis of
rail lines by the Association of
American Railroads. The AAR
used 1862 figures.
Among other things, the
Pennsylvania led in net assets,
operating revenues, employ
ment and number of locomo-
tives, freight cars and passen-
ger coaches operated.
But like other financially all
ing railroads in the troubled
Eastern region, it didn't even
place among the top Is roads
in probability.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
HecIu-Lucky Friday

SPOKANE, Wash. ODD. -
Directors of Lucky Friday Sill
ver-Lead Mines Co. and Hecla
Mining Co. announced APP
proval of a merger agreement
If approved by shareholders OF
both companies, Lucky Friday
would be merged into Hecls
through an exchange of shares
Both companies mine silver.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Erie Plans Hotel
On Wheels for Fair

| CLEVELAND, (AP). - Erie
Lackawanna Railroad is plan
ming to accommodate rail ex-
cursionistS to the New York
Worlds Fair in 1864 in a hotel
on wheels" at the Hoboken
terminal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Union Trust Votes
Quarterly Dividend

Directors of Union Trust Co
yesterday declared the usua
quarterly dividend of 37l2 cents
a share, President Linwood Har,
rell announced.
The dividend will be paid DC
tober Is to stock holders of rec.
ord on September 80.
Directors of District Whole
sale Drug Corp. declared thu
usual quarterly dividend of G
cents a share on Glass A stock
payable October1 to holders Of
record September 20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Kroqer Offer

CLEVELAND ODD - Kroger
Co., extended its offer to &C.
quire common shares of Mar
ket Basket, a California SUI
permarket chain, until Septem-
Der 30.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Convention Center
Opened at Marriott

A new 12,000-square-fo foot
convention center at the Mar
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
Big Passenger Deficit

And it had the doubtful dis
tinction of being first in pas
senger service deficit, with a
red ink figure Of 1919 million
based on Interstate Commerce
Commission accounting pro-
cedures, often criticized as
unrealistically high deficits.
Although it ranked only fifth
in net railway operating in
come, the Union Pacific, be-
cause of income from extern
sive oil, hotel and other out
side sources, was the No. l
profitmaker.
The Union Pacific cleared
1925 million last year, follow
ed by the Santa Fe Railroad
with $70.7 million earnings and
the Norfolk g. Western Rail-
ways net of 1854 million.
The Santa Fe led in miles
of line operated, with 1870 to
the Southern Pacific's 11,782.
The Southern Pacific ranked
on top in ton-mileS of freight
carried with 49, billion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-11
N&W Leads in Net

The N&W, a prosperous coal
hauling line, led all others in
income generated exclusively
from railroad operations. It's net
railway operating income (be-
fore various chargeS) was $70.7
million.
In this category, the PennSy
was 18th with $l7.9 million.
Among Pennsy firsts: Ne
investment $2,23O,O00,0OO; EN-.
ployment 66,515; overall oper.
ating revenues $850.6 million
locomotives (owned or leased
1856, freight cars 140,835 anC
passenger cars 1886.
The AAR data was published
in Railway Age, trade maya.
zine.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01
Look Who's Subsidized By Uncle Sam!

An Editorial In ELECTRICAL HI-IITES. Huntle
might be
would be believe
look at the Federal Power
different The Power
Company purchased $50 million
aon and another 100 million from the
of $40 million KWHs than4
sold by the government central Montana
this the
Montana Power paid
per XVIII This does not equal the governments
power slightly
miio
purchased
OF &c plus we find that the wind
into millions of
This only oneq question ntth
receives from the federal in beIoyxot
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01
Tax Bill Sleeper
Will Cost Public
$287 Million

The tax bill passed by the House
late in September included a sleep
err provision that will cost gas,
electricity, and phone users nearly
$2S7 million next year, according
to the Electric Consumers Infor-
nation Committee.
The Committee, a consumer-pro-
lection group, says that the pro-
vision will prevent federal regula-
tory agencies from requiring utili-
ties to pass on to consumers the
tax savings made possible by use
of the investment credits.
This means that consumers will
pay rates based on phantom
taxes that exaggerate the actual
cost of service. Electric companies
alone, ECIC says, will reap a wind
fall of $1O5 million in tax credits
next year.
Unless the Senate knocks the
sleeper out of the House-passed
bill, the consumers won't see any
part of savings.-RURAL ELEC-
TRIO MINUTEMAN. a
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01
Montununs Evidence Much

1.-The U.N. in reaching these goals. But
it is a way station ON the road to
world peace. To reject the U.N. in
the absence of something better is
to turn back down the dark road we
all know too welF'.
James S. TIMBER, president of the
Montana State AFL-CIO, character
lied the Governors refusal to pro-
claim U.N. Day as a tragic failure
of responsibility" and a blowing to
his Birchite masters In IAN attempt
to subvert the cause of peace and
freedom.
"The very absurdity of his argu-
ments to support the basically IL
logical position of the radical right
wing in Montana will make him
laughing stock both in our state
and the nation, TIMBER concluded.
The Montana Machinists Council,
meeting in Helena, October goth,
urged all of their members and all
thoughtful informed citizens TO cele-
brate and honor United Nations Day.
The MING ''deplored the action of
Governor Tim Babcock in his refusal
to so honor this great institution upon
which the hopes of all citizens for
world peace and understanding de-
pend.
OF PIGMIES AND GIANTS
Sue Bennett, state president of
the Democratic Women's Clubs said,
"once again Republican Governor
sets himself up as one who
can determine the value of the United
Nations in a more realistic fashion
than such eminent world leaders as
President Eisenhower, President Ken
nedy. former Vice President Richard
Nixon, the National Council of
Churches and the late Pope John, to
mention just few who have, on
many occasions, praised the United
Nations and it's value to the world.
No Montana Republican leader
took exception to the Governors
myopic attitude.-GB
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01
A WAY STATION ON
ROAD TO PEACE

in the higher income brackets Unlike tax
does not drain tax money away from those who
able to paythose Social Security wormens
ployment compensation veterans PENSIONS
as income
Instead of considering increasing
COSTS the people of Montana should
the 1865 Legislature that the schedules be
creased sufficiently the State
sponsb for meeting it's share of the schools
welfare, and custodia institutions responsibility which in
large degree unloaded the property taxpayers
1868 Legislature with Gov. Babcocks blessing-HLB
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01
Republican Bosses
From Page ]

ITO the right Uo-work' that Republi-
can spokesman say is a Pigment of
DR.. Kelly's imagination, a Montana
Citizens Group was formed, advocat-
ing 'right-to-work' in Montana and
This group sent letter
statewide, in which it asked for
contributions from $50 to $1,000 or
more.
Son the Ietterhead of this Mon
tana Citizens Group were Bob
Corette, director of the Montana
Power Company; business, bank,
and conservative farm leaders of
the state, SO no matter how many
second line Republicans scream,
the threat is real and the people
of Montana will not be fooled by
a deluge against DR.. Kelly and the
Democratic Party
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01

One major reason that the U. S.
balance of payments is out of whack
is the pouring out of u. S. capital
into investments in highly developed
nations. This year, according to Nc
Graw-Hill, U. S. industry will invest
$3.6 billion abroad. This is eight per
cent above 1862 investments.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01

FROM Rage
The Methodist minister said the
"most unfree place in the world is
where there are no laws. Social
salvation has a greater destiny than
this country, and marrow Christianity
is as bad as narrow democracy, he
said.
The Glacier Presbytery of the
United Presbyterian Church passed
a resolution calling on the Governor
to proclaim U.N. Day $50 that our
state will not, alone, stand again with
Mississippi in its failure to recognize
that the United Nations is the major
instrument for open discussion and
resolution of the international con-
troversies and crises which continual
ly threaten to erupt and expand to
an unthinkably horrible nuclear con-
fict'.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01
In Memory Of An
Esteemed Citizen

Cecil Parker, member of the
1866, ST and $50 Legislative As
semblies, who was forced to re-
tire from active political affairs
because of serious heart ailment.
passed away last month. He was
a man of courage and completely
dedicated to the principles he lived
by, and for his devotion he en-
joyed the highest esteem of the
people who knew him best in Pom
dera County, as is shown by the
following communication.-EDI-
TOR.
The Peoples Voice:
We, of Pondera County Farm
ers Union, in convention assembled
do hereby resolve:
''That Pondera County Farmers
Union send a memorial of $4,000
to the Peoples Voice in memory
of Cecil Parker, one of the loyal
and faithful members of our or
ganization, and an outstanding
member of the state legislature. !"
Resolutions Committee:
Edna Hostetter, Chairman
Doris Bishop
ALT Matheson
Enclosed is a check for this
amount.
Sincerely yours,
Pondera County
Farmers Union
Vivian L. Cheek,
Sec.-Treas., Conrad
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01
Editorial

The function of is ito afflict the comfort
able and comfort the afflicted SIR WILLMOTT
LEWIS London TIMES Washington correspondent during
the 1940s.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1963-11-01
Stuqe Set for Sales Tax Offensive?

one 1868 bill which would add
property taxpayers estimated $25 million for custodia
patient Along with this measure the 1868
successfully initiated legislation which places great
responsibility taxpayers for maintenance of
schools public welfare, etc.
Then last week. Secretary Kelly,
recalling Republican House had shifted greater
tax revenue emphasis property taxpayer very
the COP body polite when he charged that if
Gov Babcock his will seek
sales to meet the increasing costs of
The first STAGE for enactment of such tax said Kelly
shifting from the level the local
ery taxpayer burden education well
fare and our custodia institutions by the Legislative
Assembly.
Republican quick deny any intentions
promoting sales challenged Kelly to cite single occasion
when Babcock has advocated sales tax and for good
accused the Democratic official of observing Halloween
week early
with sales According the very reliable
HUNGRY HORSE NEWS January &c, 1862 issue), day
before Gov Donald Nuter killed, Lieut. Gov Babcock
pressed himself in favor of sales at Columbia Falls Lions
meeting The NEWS reported Babcock told his audi
sales tax WOULD be the ;" CPV emphasis).
Earlier member of the 1857 Legislature, Babcock
Joined with his fellow Republicans aborive attempt
per sales Glib 444) the
ballot This soundly beaten down by the House Demo-
cratic majority 535 served dversonary tactic aimed at
turning public attention from the need for closing gar
ing oophoes then existing in the Corporation License Tax
This week, taxpayers throughout learning
what that s stage Kelly talked about in dollars and
Many homeowners upon opening their county
tees finding their property double
sizeabe part of as Kelly said is due to that
property
den such education welfare and cusoda
institutions ;"
For generation corporate spokesman, particularly
the Taxpayers Association without
the general sales tax to Montanans Now
what attion resulting rigid corporate
control of the 1868 House of
for its proponents.
1868 Legislative action the stage creating
of public opinion favorable to enactment of
tax though such tax would do little nothing
duce property homes operations
Before you fall for the sren song that
ana must have sales tax suggest bear few things
in mind
least $50 taxes away from elderly couple living
on Social Security, WITH LITTLE OR NO REDUCTION in
home property taxes
. A per sales will rob the average wage
salary of the equivalent eight quarts milk
for his family each week.
of real wages, per amounts
hour cut the average family that's
one hundred dollars income loss. a
cent sales tax is bargain for the farmer
ancher either For example such would add $3.50 the
capital cost of $4,000 farm tractor Incidentally, Gov
sales tax would place particularly heavy burden on
ranchers because they buy
hinery and other equipment lp
Is there any regressve is
Income Tax which based the principle
liability to paythe make, the you pay to
clip maintain government, schools etc.
Our schedules comparatively light