davidaulloa/AmericanStories huggingface dataset:
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1963-05-02
.u492z6X7AE
PILGRIM BAPTIST


Worshippers at Pilgrim Baptist
Church heard DR.. Floyd Massey,
Jr., preach from the topic Orders
To Titas" last Sunday. In his
opening remarks the minister dis
cussed Paul's letter to Crete, an
Island in the Mediterranean. Paul
was writing to Titas about the
type Of people who should be
leaders in establishing the church.
DR.. Massey told the worshippers
that ~ That men who are ap-
pointed to office must be Of high
moral character and Of unques-
toned integrity. He pointed out
that parents must be careful Of
how they talk in front of children.
The man in the home Is Gods
Agent and must not be greedy but
on the contrary must be discreet
and take a positive stand on the
orthodox faith. (2) Be on guard
a G ainst counterfeit Christians.
Many who will not recognize
Christians, talk nonsense and by
so doing deceive good people. 81
Good character should follow good
teaching give the satisfactory
service in every way and live here
and now honorable, responsible and
God fearing lives. az The duty Of
us all: . Give satisfactory serv-
ice in every way. (5) Instructions
for Christians: Be prepared to be
agreeable with everyone. We must
all blend our support to the pro-
gram of Kingdom building.
Music was provided by the Cos
pei Chorus, Senior Choir and Teen
Choir under direction of Mesdames:
Galloway, Castleberry and Freelix.
Mrs. Carrie Hawkins, formerly q
member of Liberty Baptist Church,
Atlanta, Georgia, united with the
church.
Registered guests included: Mrs.
Jennie Hopkins, Front Contioni,
Mississippi, Miss Catherine Han
son, Window, Mimi, and Miss
Fallen Garbisch, Brownsville, Min
nesota.
Next Sunday, May s, al II am.
DR.. Massey breaches. At 8 pm.
Rev. John H. Diggs breaches at
the Annual L. w. Harris Memorial
Service. At 7:30 pm. William Hol-
loman speaks at the Junior Usher
Board Service. Special music will
be provided by the Mt. Olivet
Youth Choir.
Visitors are always welcome at
Pilgrim Baptist THE Church Of
Lofty Friendship.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1963-05-02
GoIdwafer Urges
Young COP To
Ignore Race Problem

New York (ANP) - Sen. Barry
Goldwater, regarded as possible
candidate for the COP presidential
nomination, last week advised the
Young Republican National Fed
Grafton to bury it's head in the
sand and pretend there's no race
problem.
In letter to the group which
opened a three day All American
Conference here last week, Gold
water, who is recognized leader
of the conservative branch Of his
party, said:
1T seems to me that the whole
subject of ethnic and minority
groups and their relationships
within our society have been talked
to death.
Cynical politicians are contin-
ually harping on the problems OF
minorities and offering glib solu-
tons to them. The words they use
refer to ending the divisions be-
tween our people. But, I'm con-
WINGED that the net effect Of this
talk is to divide the American
people and to initiate, rather than
solve, the very real problems OF
our racial and religious groups.
THE Republican party must
seek the minority group vote in
the only sensible and honorable
way open to us. We must appeal
to all racial and religious group
ings with well-reasoned arguments
that do not insult them or their
intelligence. We should avoid MAX
ing any sort of special appeal
based upon race or creed"
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1963-05-02
MAY FELLOWSHIP DAY
TO BE OBSERVED
AFTERNOON AND EVENING

May Fellowship Day will be OBJ
served by the United Church
Women Of Greater Minneapolis at
Judson Memorial Baptist Church,
4101 Harriet Av. S., on May 10,
at 1870 pm.
A fellowship tea will follow the
close of the worship service.
The evening session will be held
at Messiah Lutheran Church Oath
and Columbus Av., at $50 pm
which will be a dinner meeting.
Reservations must be made fol-
the evening meeting. Guest speak
er, Rev. Leo Vetvik.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1963-05-02

MtSO. tSOOAL1END OLAIN 1OEN
nepin county Republican circles
had been i'll since 1857.
She settled in Minnesota about
1915, coming to Minneapolis from
the state of Georgia. She was the
sister of the late Fannie Shanls,
civic and political figure.
Survivors include four children,
ten grandchildren and five great
grandchildren.
They include Herbert, Jr., Wayne
Glanton, commander Of Johnny
Baker Post Of the American Lee
gion; John Glanton and a daughter,
Vera L. Wright.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1963-05-02
IN MEMORLAM

In memory of William Kemp,
who silently slipped away seven
years ago May 8, 1855.
When the anxious heart says
"Where"
God doth answer, I'm My are"
Sadly missed by his wife, Mrs.
Odete Kemp.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1963-05-02

The Ohio Turnpike commission
at Columbus announced in June,
1855, that 1t would not advertise
any establishment along the turn
pike practicing racial discrimina-
ton.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1963-05-02

The Virginia House Of Delegates
in February, 1862, passed a bill
that would permit teachers in de-
segregated schools to quit on 80
days notice If they so desired.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1963-05-02

1t Figures
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
Earnings

Chesapeake & Ohio Railway
in II months ended November
80 earned $50, 1876, 900 or $40 a
share VS.. $S1, 1858 900 or $3.50 in
1862 period.
RalstOn Purina Co. in year
ended September 80 earned $23,-
1923, 676 or $1.5S a share VS.. $25,-
238, go or $l.67 in 1862.
United States PlywOOd in 9
m onths ended October 81
earned $7,5S5,1OO or $2.43 q
share VS.. $6,7S7, 300 or 1921 In
1862 period.
Warner Bros. Pictures in year
ended August 81 earned SIS, $780,
600 or $l.17 a share VS.. $685.
900 or $l.56 in 1862.
George A. HORNED & Co. in
year ended October 26 earned
$2,965,659 or $2.58 a share VS..
$3,O26, $40 or $2.56 in 1862.
Emporium CapwelI Co. in 9
m onths ended October 81
earned $2,854,484 or $1.22 a
share VS.. $2,3O6,396 or 80 cents
in 1862 period.
Hilton Hotels In 9 months end
ed September 80 earned $685.
900 or y cents a share VS.. So
$4,000 or $3.50 in 1862 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
BY the Associated Press

The Maritime Subsidy Board
believes United States Lines
should take legal action against
the National Maritime Union for
a mid-September walkout which
tied up the liner America.
Union members had charged
that an engineer, a member of
another AFL-CI0 union, had
made derogatory remarks re-
fleeing religious or racial bias
against members Of the crew
and that he had displayed this
bias in some of his actions.
The board said refusal Of the
NMU crewmen to sail the ship
was inexcusable.
The board, headed by Robert
E. Giles, acting maritime
administrator, said the union
should have relied on arbitra-
ton procedures for settling the
grievance, as provided in the
contract with the company, re-
gardless Of the merits Of the
dispute.
The statement by the board
said, irresponsible union atti-
tude toward the fulfillment Of
contractual commitment cou-
pied with a less-than-resolute
company disposition to enforce
timely compliance with those
contractual obligations, raises
| in our minds a serious question
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03

ice, said iva development had
turned the Tennessee River into
a high-class waterway and had
opened up the Southeast to the
livestock industry.
Justice Backs Railroads
He said the Southern, in seek
ing lower rates, sis asking for
the right to economic death"
Support for the railroads also
came from Michael Miller, Of
Washington, representing the
Justice Department, who de-
clared the ICC ruling was based
on inadequate findings and
should be reversed.
United States Court of APP
pealS Judge Harry S. Philips, Of
Nashville, Tenn, and District
Judges John W. Peck, Of Cincin-
natl, and Carl A. Weinman, Of
Dayton, Ohio, heard the more
than five hours Of oral argu-
mentS.
Railroads which filed the orig
inal suit are the Southern; the
Gin cinnati, New Orleans &
Texas Pacific; the Alabama &
Great Southern; the Georgia
Southern & Florida; the New
Orleans & Northeastern, and
the Carolina & Northwestern.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
u. S. Lines Urged to Sue Union
For WoIkout Aboard Liner America

about the advantages to the
United States Of continued sub
sidy support"
The labor dispute idled the
big liner In New York harbor.
Most Of the 900 passengers al
ready aboard spent the night Of
September IA on the vessel but
the United States Lines can
celed the sailing the next day.
The company asked the board
for permission to cancel two
S ailings scheduled for this
month and this was granted.
Last year, the Government
paid a total subsidy Of SAT- mil
lion, an average Of about $780,.
600 for each transatlantic cross
ing by the America.
The board said the company
has given no indication that "it
would prosecute the legal rights
which it evidently has under its
collective bargaining contracts.
1T may well be that the COM
pany has been reluctant to be
too firm in this respect because
Of the concern over other &C.
tons by one or both of the I'M
ions, effecting the operations Of
other vessels in the company's
fleet" the board said.
If this is the case, II added,
the company's motivation may
be understandable but the deci,
sion is shOrt-sighted.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
SEC to Consider
Broker Application

The Securities and Exchange
Commission has ordered pro.
ceedings to determine whether
an application for registration
as a broker-dealer, filed by
Howard J. Hansen, doing bust
ness as H. j. Hansen & Co.,
1914 Connecticut avenue NV,
should be denied.
A hearing will be scheduled
later, the announcement said.
The SEC declared staff charges
involve the question as to
whether Mr.. Hansen, while en-
ployed by Atlantic Equities Co.
in 1850, violated registration
and antifraud provisions Of the
securities laws In the offer and
sale Of SiltronicS common stock.
Mr.. Hansen told The Star that
the SEC action represents the
third time in two years that the
commission has ordered pro
ceedings on these charges. He
expressed hope that a hearing
will be held this time to give
him a chance to answer them.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
MaCke Votes
Stock Dividend

Macke Vending Co. directors
yesterday voted a special four
per cent stock dividend, the
first in the company's history.
The board also approved a
quarterly cash dividend Of lbs
cents per share. That is the size
the cash dividend has been for
some time.
The stock dividend will be
paid January 81 to holders of
record January Is. At four per
cent, the stock dividend works
out to one new share for each
Is held.
The cash dividend will be
paid December q to holders of
record December II.
Aaron Goldman, Macke presi-
dent, said the company's sales
and other operating revenues in
October reached approximately
81 million, the largest income
for any month in history and up
Is per cent from year-earlier le-
vels.
Sales throughout the financial
year running through next Sep
TENDER 80 are expected to reach
between SAG million and SAT
million.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
BUSINESS
BRIEFS

Factory New Orders in
October rose to a seasonally ad-
juSted $35, 285, 900, 900 from $4S,-
991, 900, 900 In September. Ship
ments rose to $35, ISL, OO0, 900
from $S4,672, 900, 900 in Septem-
Der. Inventories at the end Of
October were SIS, 4O8, 900, 900 VS..
$50, O87, 100000 in September
Census Bureau.
Dividend Increases In the II
months ended November 80 to-
tailed l,2O5 VS.. $50 a year ago;
extra payments totaled 1893 vs..
1884 a year ago.-Standard &
Poor's Corp.
Rohr Corp. announced re-
ceipt Of an $50 million order for
jet engine pods, spare parts and
other assemblies for the Lock
heed C-l4l military transport.
Rohr's backlog now is $234.5
million.-Dow Jones.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03

that Congress may give some
relief on other technical tax
problems.
SBICs might be left out Of
tough new rules on taxing stock
options and warrants. If the
rules do cover SBICs, Mr..
Foley said, they will work a
hardship on small businesses"
by making 1t harder for them
to attract venture capitalists. A"
He sees definite signs" that
the market for new stock issues
such as those that might be
offered by SBICs-is improving.
But he refused to predict when
the investing public again will
be receptive to SBICs."
He believes that weak money
has left and is leaving this
(SBIC) program, and strong
money is coming in" During the
past year and a half, when the
industry was at its worst STAGE"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
GOVERNMENT CONGRESS INTERESTED
Foley Believes SBIC Firms Will Get Assistance

some time. It has had a hard
time raising money in public
markets, it has objected to
strict regulation Of its financing
operations, and 1t has felt legal
limits on the amount Of Fed
eral money available were too
tight.
Mr.. Foley, discussing these
issues in a talk to officials Of
SBICs In the Washington area,
didn't promise sure cures. But
he did try to spread some
optimism. For example, he
said:
He's hopeful" that Congress
this month will pass a bill that
would make more Federal
money available, and ease
some present restrictions on the
way SBICs run their affairs.
He has reason to believe"
that SBICs may get to set up
some type" of tax-free re-
serve to cover bad debts, and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
By LYLE DENN1STON
Star Business Writer

Companies created to help
cure the financial woes Of
small business may soon get
some help with their own
money and tax problems, a
Federal Official predicted here
last night.
Eugene P. Foley, head Of the
Small Business Administration,
said both the Government and
Congress are sincerely in
tereSted in Strengthening" the
small business investment COM
pany industry.
Such companies - usually
called "SBICs" - get Federal
licenses and, If they need it,
Federal funds. They make
loans and buy the securities of
= little firms that can't get fl
nancing elsewhere.
The SBIC industry has had
its own financial difficulty for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03

to 205 firms. A total Of 1s3
Maryland businesses received
$4.6 million, and II District
companies received SIS million.
Earlier, at a hearing before
the Senate Small Business Com
mittee, Mr.. Foley said be favors
establishing q more liberal pol
icy for making loans Of $500
or less to small firms.
"a worthy applicant should
not be turned away simply be-
cause he cannot offer an ade-
quate amount Of collateral pro-
vided the other credit aspects
are satisfactory" he testified.
1--WE should de-emphasize the
credit rule-of-thumb that net
worth must be at least equal to
the applicants debt, taking a
calculated risk that satisfactory
management, coupled with fu-
ture prospects, will In some
measure substitute for the lack
Of capital" Mr.. Foley said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
Cos Company
Net Improves

Cold weather, meaning more
gas sales, helped Washington
Gas Light Co. cut its loss In oc-
tober by more than $4,000 be-
low the year-earlier level, the
company announced today.
The loss this year was 1884,
ABS, down from $3.50, 457 a year
ago. Operating revenue climbed
by $544, POI to A,224,S9l.
For the first 10 months Of
the year, the company earned a
profit of $500 All, up $5S9, $50
from net income In the like part
Of 1862.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03

122 new firms have joined the
SBIC industry, he said. Only %
gave up their licenses.
Mr.. Foley said the 10 SBICs in
the Washington area are among
the busiest in the industry in
putting their funds to work to
help small business.
As Of September 30, these
companies had invested s12 mil
lion Of their total funds Of S15.6
million. Their funds included
$9.6 million of their own money
and s. million borrowed directly
from SBA or from banks, backed
up by SBA guarantees.
The latest State-by-State
breakdown Of SBIC financing
showed that 433 small businesses
in the District, Maryland and
Virginia had received loans or
investments from licensed COM
panies. Virginia received the
most, with $7.3 million going
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03

funds fiscal year on May l and
Sc, $3.50, 073 at the end of October
last year.
Net asset value per share
amounted to $10.81 on October
81, compared with S1O.47 on
May l and $8.85 a share a year
earlier.
Proceeds from share sales in
six months ended October 81
amounted to $9,4S1, ST., or more
than double $4,344,6O3 in the
same period last year.
The fund held common stocks
of SO different companies In IL
leading industries on October 81.
Of the total, 1872 per cent was
invested in automotive shares,
lib per cent in machinery
firms, 8.95 per cent in utilities
and 8.5l per cent in oil shares.
In terms OF market value,
largest holdings were in Gen
eral Motors, Exec Products,
Westinghouse Air Brake, Union
Oil Of California, Air Reduction,
Torrington, Newport News Ship
building, United Merchants &
Manufacturers, Briggs & STRAIT
ton and Allegheny Power Sys-
TEN.
Stocks of the following COM
panies we're added In three
months ended October 81: Air
eduction, Anchor Hooking
Glass, Champion Oil, B. F.
Goodrich, Permanente Cement
and Simmons. Eliminated were
stocks Of Iowa-Illinois Gas &
Electric, National Biscuit, Spen-
Ger Chemical, Sunbeam and
whirlpool.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
New York Life to Pay
81 Million in D. {.

District Of Columbia policy
holders Of the New York Life
Insurance Co. will receive
around 81 million of dividends
in 1854, well above those for the
preceding year, the company
reported.
For the second year in a row,
the company will pay a record
dividend increase next year.
The scheduled total Of $185.8
million for 1864 will be $28.4
million greater than $157.4 mil
lion in 1853.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
Panel Studies Rail Suit
On Grain Rate Ruling

CINCINNATI (AP).-A three
judge panel in United States
District Court has taken under
Amusement a suit by six rail-
roads to force the Interstate
Commerce Commission to allow
them to reduce rates on grain
S h ! p m ents to Southeastern
States.
The judges gave attorneys in
the case until January 10 to file
findings of fact and conclusions
of law.
Specifically, the suit is one by
the six railroads to force the
ice to nullify its order which
knocked out a schedule Of lower
rates and allowed only partial
decreases. The railroads have
claimed they need the lower
rates to be able to compete with
long-haul trucks and river
barge lines in the shipment of
grain from the Middle West to
the Southeastern States.
700 Intervenors
Almost all Southeastern
States and many agricultural
groups have sought to intervene
in the case in support Of the
railroads. More than 700 cities
and towns also have filed as in
tervenors and attorneys said
they, for the most part, are
communities which
are not accessible to navigable
streams.
John F. Donelan, of Washing
ton, attorney for the Southern
told the court the ICC
had tried to "harpoon" the
He said the shipment
Of grain is a "highly competi-
tive business" and that South
ern hoped to get only a part Of
the business.
l. X. Hay, Of Washington, at
torney for the ICC, said the
commission could not allow the
railroads to make the full rate
reductions because of compe-
titive factors.
Earlier, Charles ]. Mccarthy
of Knoxville, Tenn, represent
ing the Tennessee Valley Au-
thOrity which is supporting the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03

The maritime union had OBJ
jected to the presence on board
Of Assistant Engineer Louis B.
Neurohr, a member Of the Mar
inc Engineers Beneficial Asso-
citation, who was charged with
showing racial bias. The per-
manent arbitrator for NMU-
company disputes said the I'M
ion had a valid grievance, but
the permanent arbitrator for en-
gineers' grievances said there
was no basis for disciplinary
action against Mr.. Neurohr.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03

troller Of the Currency for its
second branch office at 1924
Eastern avenue, NV, reported
President william M. 0'Neill.
The branch will occupy 2,756
square feet in the new Willco
Building at that location and will
have complete banking facilities,
including driven windows.
Public National opened for
business at its main office, 1880
K street NV, last July and ex-
poets to open its first branch at
1908 E street NV. in January.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
Madison National
Gets So Million

The new Madison National
Bank received deposits Of more
than 50 million on the first day
Of its operations yesterday,
President Louis Paladini an
nounced.
The total of s., O56, 645-included
demand accounts OF $2,808, S74,
savings accounts Of $173,271 and
$4,000 of deposits Of CORES
pondent banks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
Apartments Financed
By John Hancock

More than "a million of fl
nancing has been provided by
John Hancock Life Insurance
Co. for three apartment prof.
ectS in Southeast Washington,
it was announced by Donald H.
Richardson Co.. Inc, mortgage
banking correspondent for the
insurance company.
The financing includes Butler
Gardens at Sixteenth and Butler
streets Sc, which has been
completed; Southern Gardens at
Thirteenth and Southern avenue
Sc, upon which construction
has started, and Atlantic Ter
race at Third and Atlantic
avenue Sc, upon which con-
structiOn will start in February.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
Mutual Investors
Assets and Sales
Set New Records
BY DONALD B. HADLEY
Star Financial Editor

Assets Of Washington Mutual Investors Fund topped $536
million to set atme peak October 81 after record
share sales of nearly $40 million In six months ended that date
In report accompanying quarterly dividend checks to stock
holders President James NJ Johnston today listed assets Of
$50 O9 compared with $43 $50 at the beginning Of the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
How Good are Common Stocks7"

That question the Uni
verity of Chicago over three and half years ago.
This week the University through in Security Prices
published the first its tits called
Investments in Common Stocks" and the based
York Stock Exchange for q different time periods from 1928 assuming
envesmen dividends and payment of all gains
Here are their key findings:
"Oer the entire thty6veyear period l0266O
return compounded annually, on all common stocks listed
institutions. s2oSs for PERSONS in the $1,000 income ea.s
6849S person. $4,000 income class. fhes:
media for which data area
For the Postwar Pos: period G95o6O whole have
men of capital gains taxes"
On the basis present report with overall averages no on.
predict what individual expect realize
specific investment the future but this believe
tive and accurate study of past experience that has existed
The Center Research copter tame MONTH
end prices adjusted for all capital changes for every stock listed
b Stock Exchange hS from January 1925 through Rscembsr 100
created new research tool which makes possible authoritative
Some OF these are suggested in this first report
We think "Re' of Return makes must
reading
For anybody who ownss already $50
For anybody who has money -.
Ortor anybody who hopes to have in the future.
Hyoud like copy charge simply call come in or mail thu
coupon below
Please send copy Investments in Common
Name
Address
-l MERRILL LYNCH,
PIERCE FENNER 8 Smith INC
MNs. PRINCIPAL STOCK AND COMMODITY EXCHANGES
1873 Street NV. BIS Fifteenth St. NV
WASHINGTON WASHINGTON S
Executive $3.50 Executive 3-2I21
BALTIMORE OFFICES:
Equitable Building Telephone: eS5- 300
One Chuhe Telephone:
D.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-03
New Branch Approved
For Public National

The Public National Bank has
received approval from the Con-