davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-03

name in nomination for direc-
tor and received the backing of
Alb shares of three holders.
Despite the criticism Of Mr..
Werner and two other stock
holders, stockholders approved
the management agreement by
6.820,023 to 1893, l99 shares and
the distribution agreement by a
vote Of 6.857,072 shares to
156,186. Price, Waterhouse was
approved as auditors by. a vote
of 6.937, 7S5 shares to 1887.
Mr.. Werner, an employee OF
the United States Information
Agency who was listed as owner
Of 73.5 shares, did most of the
talking for the small critical
group. He said the fund had
made a below average record
among mutual funds and that
after seven years Of owning
shares Of the fund and rein
vesting all dividends he would
have loss if he sold out even
though the Dow-Jones stock
average Is at an all-time peak
In opposing reelection OF
directors and renewal of the
Columbian Financial agree
ments. he also criticized the
fact that Newton I. Steers, jr.,
president Of the fund end
Merle Thorpe. jr.. board chair
man Of the fund. are owners
of Columbian Financial, which
serves as manager of the fund
and distributor Of its shares.
He emphasized that he did not
wish to imply any Illegally
nor reflect on the integrity of
Mr.. Steers, Mr.. Thorpe or any
of the directors.
Mr.. Steers reminded Mr..
Werner that because Of rapid
changes in the atomic field,
the value Of the fund had had
wide fluctuations. but that
many holders had made money
in spite of this. o..
Initially, the fund had i'm
portant investments in uradium
at a time when that metal
was extremely scarce and later
when large reserves were found
these investments declined in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-03
ELECTRIC BILL
MAY TRIPLE
BY YEAR 1880

NEW YORK CAP)-
Americas home electric
bill will almost triple
by 1880, the magazine
Electrical World said to-
day. y
Today, the magazine
said. the average family
pays a yearly electric bill
Of sl06.40. BY 1880 it will
be 1922.
In its annual industry
forecast. the magazine
said the cost per unit of
home electricity will drop
from 2.37 cents per kilo-
watt-hour to 2.25 cents In
1880.
With new appliances,
the magazine predicted,
the average home will use
1896 kilowatt-hours a
year In 1880. compared
with 4.4e2 today.
The publication said
Americans this year will
pay a total home cleo
tricity bill Of more than
s5.7 billion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-03
BY the Associated Press

A Federal Reserve Board
member charged yesterday that
many large American banks
engage in window dressing
juggling accounts to make the
banks seem larger than they
really are.
The board m e m Der, ]. l.
Robertson, called the practice
legal but described 1t as NOR
ally unworthy" and said ut
could be injurious to the pres
tige of the banking industry"
Mr.. Robertson told a House
subcommittee on government
operations that the best way to
stop the growing practice is
moral suasion," convincing
bankers that the game simply
is mot worth the candle in the
long run" .aa4 81.
But Representative FasceIl
Democrat of Florida, the SUBJ
committee chairman, replied
1T may take more than moral
suasion."
Mr.. Robertson said window
dressing had two steps. First, a
bank engages in deceptive
ira ms actions that have no
genuine business purpose" and
then it publishes a deceptive
balance sheet"
Can Juggle Accounts
These balance sheets, he
went on, are not the regular
statements that the banks send
to the Federal Government
when they are called for, but
widely advertised statements
that banks pu blish on their
own in newspapers and bro
chures.
Since the banks choose the
date to make these voluntary
advertisements. they can juggle
accounts for that particular
day.
Mr.. Robertson did not name
any banks that do this, but he
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-03
MORALLY UNWORTHY
Some Banks Accused
OfWindow DRESSING

estimated that half of the 200
biggest banks in America do so
He said the percentage was
much less among the smaller
banks.
by various arrangements"
Mr.. Robertson said, "a bank
with real deposits of 5000 mill
lion, for example, can plausibly
inform the world that its de-
posits are more than a billion
dollars, and that consequently
it is the largest bank in the
city or state.
Rivals Distressed
Naturally" he continued
this distresses Its rival with
bona fide deposits of $3.50 mil
lion, so the next time it under
standably is tempted to window
dress"
Mr.. Robertson describe
some of the arrangements usec
to window dress: e
/. Three or more banks car
exchange some of their depos-
its and chash-equivalent assets
so that one of them, on the day
1t picks to make a statement
will have inflated accounts.
2. Banks can arrange with
large depositors to draw drafts
on their a accounts at other
banks. These drafts are credit
ed to the account in the bank
that is window dressing, but as
soon as the bank statement day
passes. the drafts go back to
the original banks.
8. Banks can delay payin 6
on a few large checks that
have been presented for collec-
ton on the day of the bank
statement.
4. Banks can list the assets
of their foreign branches on
their advertised bank state
ments. These are not allowed
to appear on the official re-
ports that banks file with the
Federal Reserve system.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-03
Deposits Hit Record
DC. Total of SIG Billion
Is11Pct. Above q YeurAoo
BY DONALD B. HADLEY
star Financial Editor

Deposits Of Washington's Is banks and companies
reached high of nearly S19 billion September 80
with gain Of IL cent from by The
Star revealed today following Of condition call
for that date by the Controller Of the Currency.
The preliminary total Of 81 1888 1853 908 compared with
September % year and
OF the previous peak of 81 June 80 this year.
All Of the Is institutions showed substantial gains from
year Riggs National had increase than
mAon while the National Bank of Washington gained
than $50 million American Security added than $50
million.
Two new banks have been added since year ago. D. c.
National had deposits Of sl2 439 September 80 SILL
1889 last Public National answered its first call
with SIS 090,777.s
Totals for individual banks September 80 compared
below with deposits September % last June 20 this
war
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-03

Total -- 1888 1853 sOS $1sss, 7s28s9 s1,888l4s516
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-03
Steel Industry
Price Boosts
Widen Further

NEW YORK (AP). - Price
increases on selected moderate
tonnage items rippled further
through the steel industry
yesterday.
They widened the base Of
last April's selected markups,
confined mostly to steel sheets
and plates, items which ac-
counted for about 81 per cent
Of mill shipments in the first
eight months of the year.
Bethlehem Steel Co. became
the sixth major producer to
raise prices on bar and semi
finished steel in recent days. In
addition, Bethlehem added IS a
ton to the price of rolled car
bon steel plates.
Inland Follows Suit
Inland Steel Co. followe
Bethlehem on carbon bar prod
ucts, and announced q "a and
IS a net ton increase in base
prices of structural steel
shapes.
Inland was the first producer
to post higher prices for struc-
tural shapes.
The higher charges on bars,
used in the auto, machinery
and construction industries,
were virtually assured for all
producing companies when
United States Steel Corp, Jones
& Laughlin Steel Corp and
Armco Corp. fell into line.
Other Increases
United States Steel and sew
eral other m ajor steelmakers
also raised prices on blooms,
billetS and slabs, semi finished
items sold to smaller mills for
end processing.
There were variations from
company to company on spe-
cific changes. However, some
industry observes said the pat
tern likely to eventually emerge
was the United States Steel
price list, even though United
States Steel did not initiate the
latest round of changes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-10
NOBEL
Pulling, Red Cross
Get Peace Prizes

fists who helped him circulate
petitions calling for a ban on
nuclear weapons.
DR.. Pauling was elected to
the Soviet Academy of Sciences
along with 80 other foreign
scientists. He received the
Gandhi Peace Prize in 1862.
Alfred B. Nobel, inventor of
dynamite who died December
10, 1896, bequeathed 50 million,
the interest to be distributed to
those who benefit mankind.
The prizes for physics, chem
istry, medicine and physiology,
and literature are awarded in
Sweden. The peace prize is
awarded by the Nobel commit
tee of the Norwegian Parlia-
ment. The chairman is Gunnar
jain.
The last peace prize an
nomced, that for 1861, wa S
awarded after his death to Dag
Hammarskjold. Swedish secre-
tary-general of the United Ma
tions.
American winners since
World War II include Gen.
George c. Marshall, Cordell
Hull, Ralph j. Bunche, evangel-
list John r. Mott and pacifist
Emily G. Balch, and the Amer
lean Friends Service Committee
(jointly with the Friends Ser
vice Council of London).
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-10
Formers Get Lund

QUITO-About 1900 farm
families will be resettled on
their own 50-hectare Q23-
acre. lots under an Ecuador
land-reform program support
ed by a $4,415,000 loan from
the Inter-American Develop
ment Bank.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-10
Serpents on Bows

OSLO-Serpents on the bows
of Viking ships we're intended
to scare the enemy as we'll as
bring good luck in sea fights
and long journeys.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-10
Storm Scales
Lash Bermuda

MIAMI, Fla, Oct. 10 (AP)
Hurricane Flora dashed Ber-
muda with gales today as she
sped toward her eventual de-
struction in the Atlantic Ocean
Gales extended 400 miles
from the 70-mile-wide eye of
the storm which the United
States Weather Bureau at
Miami said at noon CEDT) was
270 miles south-southeast OF
Bermuda.
The storm moved at % miles
an hour and gales were fore
cast to expand toward the
north. The storm will weaken
when it bumps into colder air
in the North Atlantic.
The hurricane hurried far
ther away by the minute from
the havoc she inflicted on
Haiti and Cuba.
In Haiti, officials said bodies
of most of the estimated $500
victims were washed out to sea
or buried in mud created by
floods.
48 Died in Cuba
The Cuban government set
the death toll at 48 in Eastern
Cuba where Flora ragged an
unprecedented five days. There
were indications, however, the
death toll would grow.
Cuban rescue units radio
messages. heard in Miami, in
dicated at least 200 were dead
Havana newspapers quoted
Moscow Radio as saying the
Soviet government would hell
lin this moment of tragedy.
The newspapers published g
refusal by the Cuban Rec
Cross of aid offered by the
American Red Cross. The
Cuban Red Cross called the
offer "hypocritical."
The British Embassy in
Havana said Cuba had accepted
a British offer of relief
supplies.
Destruction OF nearly all
crops and half the farm homes
in Oriente Province, Cuba s
bread basket, was reported by
the Havana press.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-10
Senate UnitActs to Halt
Shift of Passport Chief

The Senate Internal Security
Subcommittee has protested TO
Secretary Of State Rusk
against a reported plan to
transfer Miss Frances Knight,
chief of the Passport Office, to
a vague" special assistants
position.
The committee asked Mr..
Rusk to withhold any action
affecting Miss Knights status
or tenure until it has complet-
er hearings and the Secretary
could study the record.
The five Democratic an d
-four Republican Senators on
the committee, told the Secre-
tary in a stern letter dated
September 10 they felt that a
congressional committee
should protect any of its wit
nesses from administrative re-
prisals." A copy of the letter
was obtained by The Star to-
day.
Criticized New Rules
Miss Knight, passport chief
since 1855, is known TO
have appeared before the SUBJ
committee and criticized State
Department regulations insti-
tuted over her protest. The reg
ulations are described as hav-
ing made it easier for Commu-
nists to obtain passports for
travel abroad.
The State Departm ent t,
working with the Justice De-
partment, has explained that
its regulations were intended to
forestall court action that
might declare Section 6 of the
Internal Security Act of 1850
unconstitutional an d magnify
troubles with Communist Party
members.
The committees unusual &C.
ton came on the heels of a
protest against a State Depart
ment move to fire Otto F.
Otepka, chief security evaluator,
for passing executive-b ranch
confidential material on loyalty
and security cases to the In
ternal Security Subcommittee.
The parent Senate Judiciary
Committee has demanded that
Secretary Rusk and other de-
partment witnesses be sent to
testify on this case and other
instances of alleged laxity in
security cases.
The State Department filed
charges against Mr.. Otepka on
September %, accusing him of
passing confidential informa-
ton specifically to j. G. Sour
wine, chief counsel of the In
ternal Security Subcommittee
staff.
Later it was disclosed that all
members Of the State Depart
m ent's passport and security
offices had been forbidden
since August Is to talk to the
subcommittee or its staff with
out permission.
Discusses Otepka
President Kennedy. asked
about the Otepka case at his
news conference yesterday, said
Secretary Rusk has been pre-
pared since August to testify
and discuss the case very
completely"
He said the Secretary can
tell the Subcommittee how Mr..
Otepka met the law and how
he didn't meet the law.
II can assure you" the Pres
ident said, that I will examine
the matter myself, when it
comes time, as the Secretary of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-10
Refused Passport

hefuSed Passport
Only one other individual has
won more than one Nobel Prize
Mrs. Marie Curie received the
chemistry prize in 1911 ano
had shared a physics prize with
two others in 1908.
DR.. Pauling, an outspoker
man, was an early campaignel
against nuclear tests, insisting
they posed a serious threat To
the health Of mankind now and
in future generations.
The State Department re-
fused to issue him a passport
in 1852 on the grounds he was
suspected of being a Com
munist. DR.. Pauling denied
this under oath, but insisted or
the right to speak his mind
and choose his friends.
This independence of mind
got him into trouble with his
neighbors in World War II. He
employed a youth of japanese
descent as a gardener at his
home in Pasadena. Calf. His
home was plastered with "Jar
lover" signs.
Returned to PrOfessOrship
He was born in Portland
Greg, 81 years ago and wa:
graduated from Oregon State
College in 1922. Three year,
later he received his Pho. al
the California Institute o.
Technology.
After study in Munich
Zurich and Copenhagen, hi
became professor of chemistry
at California Institute of Tech
nology in 1881.
DR.. Pauling was named heac
of the Institutes chemistry anc
chemical engineering depart
ment in 1897. He resigned the
position in 1858, and took back
his old job Of professor, saying
he wanted to give his full time
to teaching and research.
In World War II he served
as a member of the explosives
division of the National De-
tense Research Commission and
later worked with the office Of
Scientific Research and De-
velopment.
The dawn of the atomic age
set DR.. Pauling to worrying
about what released radioac-
tivity would do to the human
race. He often disagreed with
Atomic Energy Commission
scientists who commended fall
outs from their tests were kept
at a safe minimum.
Accused DIR. Teller
The first hydrogen bomb ex-
plosion convinced DR.. Pauline
that such a vast destructive
force made future wars impos-
Sible.
In 1858, he accused DR.. Ed
ward Teller, a leader in devel-
opment of the hydrogen bomb
of putting out misleading state
ments in arguing for continued
testing.
That year DR.. Pauling sued
the Defense Department and
the Atomic Energy Commission
in an attempt to block further
testing. A federal court dis
missed the suit.
In 1860, DR.. Pauling risked
citation for contempt Of Con-
gress by refusing to give q
Senate Internal Security Sub
committee the names of scien-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-10
Assails Proposal


The letter said in part:
Word has reached us that it,
has been proposed to eliminate
Miss Frances Knight as direc-
tor Of the Passport Office of
the State Department by the
device of promoting her up
stairs. Specifically, we under
stand, it has been recommend
ed by Mr.. Abba Schwartz (di-
rector of the Bureau of Securi-
ty and Consular Affairs and
others that Miss knight be
named a Special Assistant to
the Secretary of State, with
duties that appear to be more
vague than specific. =.
THE effort to GUST her from
her present post has been con-
tinuing for more than a year
and this latest proposal is
being pushed only after what
have seemed to be various tao
tics of harassment failed to ac-
complish their objective. e.. =
I'VE believe a basic reason for
the continued efforts to get rid
of Miss Knight is the fact that
she appeared before the Senate
Internal Security Subcommit-
tee and testified truthfully res
.pecting the issuance of pass
ports to Communists and other
matters affecting security IN
the State Department"
The letter was signed by
Democratic Senators Eastland
of Mississippi, chairman; Dodd
of Connecticut, vice chairman;
Johnston of South Carolina;
Mcclellan of Arkansas; and
Erwin of North Carolina and
Republican Senators Hruska of
Nebraska; Dirksen of Illinois;
Heating of New York, and
Scott of Pennsylvania.
Miss Knight has been Pass
port Office director since 1855.
She is now on vacation in Eu-
rope under doctors orders.
She began her career in Gov
eminent service in 1884 in the
National Industrial Recovery
Administration, went on to jobs
in the Works Progress Admin
istration and the Office of Civil
Defense before joining the De-
partment of State in 1949.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-10
NOBEL

Continued From Page Al
when the prize is handed over
in a ceremony.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-10

State will, who bears the
responsibility when it comes
time to take any disciplinary
action, if such a time does
come"
In the letter on Miss
KING hit s behalf, the Senate
subcommittee charged that the
State Department had been
trying to GUST her for more
than a year.
Evening star., 1963-01-13
SO WELCOME

You could feel it across the cty-the efeNescence the
ebuience the energy the release from ennui-Coneess
was back in town. Never more welcome. Slowly, over
the week end, after the horried holidays they in
Monday there was much to be done privately Tuesday
there was the unVeine Of the Mona Lisa at the Ma
tonoI Gallery Of Art. Wednesday was 1T! After that,
the porties the greetings the bucksoppnes the Kisses
Sincere? Insincere? Who cared? There was life in the
city again. the life that makes this urbs unique-Stor
Stoff Photos by Rosemary Mortuf and Randolph Routt.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-29
WORDS, WIT
AND WISDOM
By WILLIAM MORRIS

O.: What is the origin and
original meaning of the word
sophomore? - Carol Lippert,
Paramus, N. j.
A.: Sophomore" comes from
two Greek words "sophos,"
wise, and "moros," foolish.
Thus it means a person who
seems to be wise but is really
rather foolish. AS World Web
ster dictionary puts it: ga know
it-all, whose thinking is really
immature or foolish" If that
seems to fit a second-year pupil
well, you asked for it!
O.: Why is the name of our
| planet written in lower-caSe let
tiers and the other planets
names begin with caps?-C. L.
A.: The word "earth" has
other meanings besides its use
as the name Of our planet. Be
cause of the Frequency Of its
appearance in these other uses,
it has become generally spelled
with a small "e." Note, though,
that the Style Manual Of the
Government Printing Office
calls for it to be written with a
capital "E" ("Earth") when
used with the names Of other
planets. The other planet names
are capped because they were
originally names of classical
gods and gOddeSses: Mars, We
nus, Mercury, Saturn and SO
forth.
O.: My question concerns the
word forte" ones strong point.
According to WebSter's New
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-29
SHEINWOLD
ON BRIDGE
By ALFRED SHEINWOLD
Pluy Bridge Often
To Keep Healthy

Everybody should cooperate
with the Presidents physical
fitness program, and bridge col.
umniStS must not hold back.
There are times when YOU
should get Up from the bridge
table and walk around a BIT:
breaking furniture as you walk.
/ recommend it. .
East dealer.
North-SOuth vulnerable.
NORTH
AXIS
0J643 :
oKQ1O762 :
WEST EAST .
AJ8743 AQlOss2 t.
0107 %
"a pAJs
%QJ964 @AK103 /.
SOUTH
"A
9AKQ52 !.
o So
%8752
East South West North
Ia 20 "a 50t
Pass Pass Sc 60i
Dble. All Pass
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-29

Collegiate Dictionary, the word
is derived from the French word
fort" and the pronunciation is
given as FORT. / have always
heard it as for-TAY. According
to the dictionary this is OBJ
viously incorrect. However, if
the word is taken from the
French ''fort," where does the
sc" at the end of the English
word come from?-Mrs. Ger
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-29

Opening lead: Queen Of clubs.
Take this kind of hand, for
example. West leads the queen
of clubs, and you put down the
North hand as the dummy. Stay
in your seat for a while.
Your partner rufus the first
club in dummy, leads a trump
to the ace, and leads another
club. Now it is time to get
up from the table and get your
exercise. If the furniture is too
solid, 60 out into the street
and pick a fight with some
| body. y
Your partner is obviously
playing the hand badly. With
out even looking at her hand
you know that it must be better
to develop the diamonds than
to 60 after club rufus. (How do
/ know that it's cher" hand
rather than ''his' hand? Suit
yourself, but this hand was not
exactly picked at random.)
InglOriOus Defeat
When YOU return to the table
you discover that your partner
has gone down to inglorious de-
feat. South ruffed three clubs
in dummy and discarded the
fourth club on the king Of
spades. But then she had 10
give up two diamond tricks.
This is your cue to explain
the correct line Of play, thus
developing your lung power.
South should ruff the first club
in dummy, draw two trumps,
cash the ace Of spades and lead
a diamond. East can take the
ace of diamonds and force
dummy to ruff a club, but this
doesn't hurt. Declarer discards
a diamond on dunlmy's king
of spades, cashes the king d
diamonds, and ruffs a diamond.
Then the rest Of dummy Is
god.
Be sure to keep a few flimsy
chairs in the house so that you
have something to work on
when hands like this come up.
Daily Question
AS dealer, you hold:
AXIS 0J8643 OK Q10762 =
What do you say? Z
Answer: Pass. Despite the
playing strength Of his hand
you lack the high-card strength
for an opening bid.
Copyright. 1868. Gen. Features Corp'l
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-29

trude Williams, Hackensack,
N. j.
A. It's a false feminine end.
ing, acquired by analogy to
words like morale" and 80.
GALE" Those of your acquaint'
ance who say for-TAY do so or
the false assumption that al
French words ending in &C.
have the final syllable pro
nounced GAY" This is true
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-29
BY corL Grubert

only Of words ending in sc" with
an acute accent: "enchante, y
for instance. Actually the final
feminine sc" in French is al.
ways silent.