davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01

BOSTON (AP) Malcolm A.
MacIntyre, president Of East
ern Air Lines, said his company
would absorb part Of the per-
sonnet facing unemployment
through the pending decision
to cut Northeast Airlines off
the New York Florida route.
Mr.. MacIntyre told a news
conference yesterday that
Eastern and National will abb
serb most of those displaced,
particularly in the Miami area.
I'VE need more people," he
said. We're looking for people
in certain categories."
Robert Coombs, vice presi-
dent Of a Transport Workers
Union local, said earlier some
1000 would lose their Jobs
should the Civil Aeronautics
Board decision against North
east become effective
Competition "OverdOne"
Mr.. MacIntyre said that, as
Of today, he did not think there
was sufficient traffic on the
Florida run to warrant three
lines. Presently, Northea S t,
Eastern and National Airlines
serve the New York-Florida
route.
He said you can overdo COM
petition" adding that he be-
lieved the CAB awarded too
many flight routes in the 1856
81 period.
Mr.. MacIntyre said he was
In Boston to confer with bust
mess and Government officials
about Eastern plans should the
Northeast decision stand. He
refused to identify those with
whom he had talked.
He said There is a further
question Of a service obliga-
ton which Eastern has to New
England. We don't consider
that Eastern Is a Florida or a
Georgia air line; we are a Ma
ton wide air line"
Sees Upturn in "a
He said Eastern has an an
nual payroll Of 81 million in
New England and employs 750
in the area.
Some air line will have to
provide New England with To-
cal service" he said, land will
have to employ most of its
people in this area"
The EAL president said he
did not expect the line to be
"in the black" this year but
may be able to operate profit
ably in 1864. He said quite a
lot depends on the CAB deci-
sion on Northeast.
Eastern Air Lines had a net
loss Of nearly SIS million in
1862 on net revenues of 1888
million. In the first quarter of
1868, EAL reported a net loss
Of $3.5 million on operating
revenues Of $87.6 million.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01
NATIONWIDE SALES
First Half Up 40,
June Record Set
By the Associated Press

Nationwide sales in both durable and non-durabe goods
for the first half of 1868 increased per COM
parable 1862 period the Commerce Department has announced
The automobile and non-eectrica machinery industries
made above advances in the first half while higher
sales Of food beverages and textiles made zeabe gains There
decline in sales OF tobacco petroleum and rubber
inventories increased $500 million from May to
total Of $3.50 billion.
Sales by manufacturers edged to record in
despite drop of cent in steel shipments Department
said
The Seasonay adjusted figures showed sales up per
for total Of $3.50 billion and new orders down cent
compared to May.
Untitled orders showed slight decline for third straight
month"; but still substantially above the figure for June
1862.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01
AIRLINES PROFIT
SETS NEW PEAK

NEW YORK (SpeciaD In
Dictated profit of National Air
lines. Inc, climbed to a new
record in the fiscal year ended
June 80, L. B. Maytag, jr.
president, said today IN a letter
to stockholders.
He also said that the tenta-
tive decision of the Civil Aero
nautics Board not to renew
Northeast Airlines' route GER
tiflcate to Florida ''is of great
immediate Importance and
benefit to National"
The Miami-based airline, Mr..
Maytag reported, ended fiscal
1868 with Indicated net income
of $6,217,0O0, compared with
net Of $4,270,000 the previous
year. Provision for income
taxes in the year just ended are
expected to total $7,205, 900,
against last years $357,000.
He did not disclose indicated
earnings per share, but did
point out that the number of
shares had increased to 2,044,-
900, compared with 1851, 900
shares a year earlier.
The company had substan-
tial gains in every quarter of
the year, and the president
added, "of particular signifi-
canoe was completion of a year
during which the company
made a profit every month of
the year"
In the fourth fiscal quarter,
as indicated by preliminary I'M
audited figures, National had
operating revenues Of $27,100,-
600, up Is per cent from the
like quarter of 1862. Net in
come at $4,000, after pro-
viding $1.2 million for income
taxes and a $248,000 write
down charge, was off from the
81 ,076,000 earned in the 1862
quarter.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01
Penney Begins
Cutuloq Service

J. c. Penney Co., which ope-
rates major stores in this area
today started distribution Of
its first all-Penney mail-order
catalog.
Ranking as the Nations No. /
retailer Of many soft goods
lines, Penney's is becoming a
major factor in the mail-order
field. Distribution Of the 1882
page fall and winter catalog
completion Of the first
phase Of a program to set UP a
nationwide catalog service
which started last year with
acquisition of the General Mer-
chandise Co. of Milwaukee.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01
RECORD REVENUES
POSTED BY TWA

Trans World Airlines has re-
ported that record June reve-
nues boosted its second quarter
net earnings to $5,754, 900,
equivalent to So cents q share
compared to $4,000, or II
cents a share last year.
Charles C. Tillinghast, jr.,
president. advised stockholders
that June revenues and after
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01

the-counter stocks. Previously,
over-the-counter stocks have
been cleared by banks, certain
large brokerage houses and by
individual dealers participating
in a transaction.
Tardy settlements and fail
ures to deliver or receive in the
counter markets have been
numerous in the past. Under
the new OTC clearing setup,
securities traded on August !
will be delivered by august T..
1t will provide speedy, efficient
delivery for the investing pub
lie and at the same time elimi-
nate undue operating expenses
for participating firms.
Seventy-four brokerage
houses are members Of the new
clearing corporation, the Ma
tional OTC Clearing Corp. Its
activities will be conferred in
New York in the initial stages
but these will be expanded
later to assist clearing In other
parts of the country.
Two wears ago. the NASD
organized an industry commit
tee to set up a central clearing
facility for counter stocks. This
group drafted plans for the
corporation and NASD pro-
vided initial funds for organ
ization. More than 100000 OF
clearing corporation stock was
sold to NASD members in the
New York area, many Of whom
are charter clearing members
of the new company.
The OTC Clearing Corp. will
share facilities Of the Ameri-
can Stock Exchange Clearing
Corp.
Edwin D. Etherington, presi-
dent of the American Stock
Exchange, said arrangements
have been made so that per-
sonnet and data processing
equipment Of his exchange can
be employed more efficiently
and effectively in this co-opera-
tive program with the OTC
Clearing Corp.
"In addition, American Ex-
change members who do OTC
business and join the new
clearing corporation will be
able to speed settlements and
lower back-office COSTS" he
declared.
Washington brokerage firms
are watching the pilot program
Of the clearing house corpora
ton closely and expect that
they will participate when Il
swings into full operation
Over he-counter trading &C.
counts for an important part
of the securities business here
and the need for central clear
ing is acute. they said.
Officers Of the National OTC
Clearing Corp. are Carl Stole
board chairman; John H. Kir.
win. president; Charles A. Gil
roy. executive vice president
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01
ARC Receives
SIS Million Contract

Atlantic Research Corp. has
received a $2.5 million con-
tract from the Air Force Rocket
Propulsion Laboratory at Ed
wards base in California.
The contract calls for ar
exploratory development pro-
gram TO demonstrate advanced
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01
Silver Spring Bank
Automdtes Accounts

The National Bank of Mary
land at Silver Spring has COM
pleted installation of an auto
mated bookkeeping system that
doubles its capacity to handle
check and deposit transactions.
Installed by the Burroughs
Corp. the system also reduces
the possibility Of error by a
built-in lock system that re-
jects mispostings. The banks
81 per cent gain in deposits
from a year ago on June 80
was one Of the largest in the
area. 1t was pointed out by C.
E. Browning. jr., executive vice
president,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01
Firm Opens New Plant

w. A. Buening & Co., Inc,
Washington engraving firm,
has announced the opening Of
"a new plant at 2518 Dunavant
street, Charlotte, N. c. 1t will
continue to maintain its sales
office here under the manage
ment of John w. Kershner.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01

technology in a very high per.
Torrance solid rocket motor
Work will start Immediately
and prototypes are to be de-
livered within 20 months.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01
1868 Corporate Profits Soar
Virtually All Industries
Share in Earnings Flood

NEW YORK AP)-Corporation profits this year far
have lived up to glowing predictions showed today
Generally automobile companies led the earnings parade
both on a second quarter and first half basis
But tide of money making records has flooded in
from electric utility airline
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01
First Clearing House Opens
For Oyer-the-C ounter Stocks
BY DONALD B. HADLEY
star Financial Editor

first centralized clearing facility for stocks traded
started operations New York today under
sponsored by the National Association of Securities
Dealers
Securities Of 1877 companies being processed in pilot
program that eventually will encompass than 1900
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-01

and Howard Emen. secretary
treasurer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-17

1t up are the children. Once
Kennedy took my 4-year-old
girl on his lap while he chat
ted with us. 1t seemed more
natural"
But Just outside the house
were a dozen Secret Service
men and communications
specialists standing by with
equipment should an emer-
gency-a U-2 or South Wet
Nam or rockets on the way
- need instant presidential
attention.
Neighbors also talk about
o night-seeing infra-red net
work guarding the compound.
The police don't.
It has been two years now,
and Irving avenue Is settling
gingerly into a routine.
II you're giving a cocktail
party, you now know that
you tell the Secret Service
beforehand how many are
coming and when. And if
you're a guest, you don't take
any wrong turns.
You don't try for closeup
photos of the pound
while strolling along the
beach. One young girl who
did was tapped on the
shoulder by a Secret Service
agent who deity exposed the
film, handed her back the
camera and told her to wan
der elsewhere.
On the other h a n d. some
times the President meets his
match. Hyannis Harbormas-
ter George Sturgis felt the
presidential power squadron
was throwing up too much
wake speeding past the little
beetle cat sailors. He
Unanswered his boat along
side and said: Jack, you
just have to slow that thing
down." The Marlin complied.
An Irving avenue resident
had an even more harrow
ing brush with the Kennedy
fondess for speed. He backed
his car out Of the driveway
one Sunday morning an d
found himself right in the
middle Of the presidential
cavalcade as it drove off at
flank speed for st. Francis
Xavier Catholic Church a
couple Of miles away. IN
able to turn out Of the speed
ing procession, the unwilling
gentleman, an Episcopalian
was swept along until tn
motorcade reached the church
where he was finally free To
set his own course.
Recalls Shock
A lifelong Republican ir
the neighborhood has seer
Kennedys come and 60 but
still recalls his shock wher
he realized the sneakereC
young man in shorts anC
T-shirt who was bouncing q
tennis ball down the roaC
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-17

rendezvous with the Marlin
or Honey Fitz. A Secret 6erv-
ice man will sail 1t back.
zone Of 'em has gotten
pretty good" said old salt
Linehan.
The loneliness that sur
rounds the Presidency oc-
casionally is poignant. In
Hyannis a toy and book
store opens its doors after
business hours for two Gus
toners. There, among the
silent counters and away
from the curious. Caroline
and her father shop for q
plaything-while Secret Serv-
ice agents stand In the back
ground.
But there are a few mo-
ments when 1t must seem
almost like old times. The
Barefoots and Pansies held
their traditional game a while
back. The originals who were
still around were back at
their old positions. Kennedy
was sidelined because OF his
back, but, after all. the Pres
idency does have some pre-
negatives. A call was made
to nearby Otis Air Force Base
asking the commandant II he
had any hotshot softban
players. He sent over three,
one a former player with the
crack Phillips SO Oilers team,
who smote baleful drives
about the compound all aft
ernoon.
Despite the ringers, the
Pansies were so confident OF
their customary victory they
planned O poStgame call to
almost President Richard M.
Nixon to cheer him with
news Of their triumph over
the Kennedy forces.
But Nixon never got the
call.
The Barefoots won. 1876.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-17

being here" Filoon reached
this conclusion during a poll
he made on voting patterns
In Hyannis Port for a political
science course. He found that
the village and environs
maintained the traditional
2-l Republican majority dur
ing Jacks election but that
Teddy lost by only a AS
margin last fall.)
An occasional needle. how
ever, Is not unknown. On
one occasion a call came into
the Summer White House
reminding the staff that al
though the sun had gone
down, the American flag was
still flying.
Tourists at first irritated
most everyone. They stripped
shrubbery for souvenirs and
left behind the inevitable
empty beer can. Newman lost
O picket or two from his
fence and once found q tour
list UP o tree In his front
yard photographing the COM
pound.
People who live in the
Port find q lot Of friends
they haven't seen In years
dropping around. particularly
when the President is here"
he said. "It really runs up
the liquor bill"
Even In winter, when the
compound Is vacant except
for q small security guard,
cars from all over the coun-
try move slowly down Irving
avenue, stop briefly and then
drive on.
But the summer people Of
Hyannis Port realize the
President comes here for the
same things they do-a rest
and they do their best to
see he gets 1t.
Sailing Security
Some may smile inwardly
when the spectator fleet puts
out in hot pursuit as soon
as It spots the presidential
flotilla leave the Kennedy
dock. For after the armada
has moved into Nantucket
Sound, sometimes you can
see q barefoot man and a
little girl walk to the waters
edge, rig q small sailing surf
board and put to sea. The
President Of the United
States and his daughter are
having q private moment.
Later the tiny craft will
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-17

might be different the man
was the same. His lawn boy
had q similar problem when
he drove to work in his sis
ter's car instead Of his own.
It took him IS minutes to
pass muster.
Tight security, like any
cloud, has q silver lining.
II couldn't have better po-
lice protection" said Swan.
And when Kennedy rented
Downey's home on Squaw Is
land last summer every resi-
dent there had q private
phone connected to the
guardhouse that blocked the
one causeway to the island.
Each caller had to check
through the guard who In
turn phoned the person he
wanted to visit. II you didn't
want to see him, you Just
told the guard you weren't
home.
Hidden Traps
Hyannis Port hides such
little BOBBY traps as the fol-
lowing for the unwary. You
play a lot of golf and tee off
on q pickup match with q
Mr.. Smith you've just met.
At the 18th hole you learn
Mr.. Smiths first name is
Stephen. a presid e n tial
hrcther-in-law, and you blum
der through the rest Of the
game wondering If you said
anything wrong.
Or you're Carleton Burr.
and you're cruising on your
brothers yacht and you've
anchored off some pretty
white houses on a point and
you're having a lazy shutdown
drink when suddenly a hell
copter spins in at masthead
height and your composure
is ratified. You mark the po-
sition on a chart and re-
member not to moor off a
Summer White House next
time.
But few people of the Port,
as insiders call it, feel a
grudge against Jack for all
the connection he's brought
Fred Filoon, q young student
at Bowdoin College who sum-
mers here. said most people
whether they show 1t or not
are kind Of excited at hi
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-17

was the Attorney General Of
the United States.
The Secret Service has Its
own troubles. A group Of
agents waited unobtrusively
around the corner Of Irving
avenue for the President to
whirl out Of the compound
on his golf cart taking Caro-
line and some friends to the
tiny ice cream shop q block
away where he charges
everything). A resident heard
one agent mutter why the
hell doesn't he tell US when
he's coming" A few minutes
later the agent dutifully ran
full tilt in convoy as the cart
rounded the corner.
In the early days the Secret
Service used to station three
agents at intervals along the
yacht club pier when the
many Kennedy children went
sailing. Faced with the dis
maying sight of their charges
scattered to the four winds
all over the harbor and the
fact that lfejacketed Ken
nedys float as well as the
next person, the dockSide
staff reduced its forces.
Even q President has to
eat. But how? You Just don't
send Salinger down to the
delicatessen. A domestic staff
in residence handles the
commissary. The milkman is
Austin Bell, a childhood play
mate Of the Presidents. The
security guards have become
accustomed to his face and
he makes deliveries without
a hitch. The plumber? He
knew Jack as a boy. too.
Food deliveries are checked
through the security guards.
BY now, neighbors are
known to the security Gordon
who wave them through on
recognition. But little things
can mean a lot. Robert Swan
lives on Irving avenue and
can almost touch with a 10
foot pole the house that Jack
bought.
Agents could always tell
him by his constant COM
panion, an old fishing hat,
One day he wore a different
hat. He promptly was stopped
until he could persuade
agents that while the hat
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-17

to sail in. but others say II
you're going to sail, sail to
win. He did.
The Kennedy boys showed
their "vigah" early in the
softball teams that became q
neighborhood tradition. The
Kennedy side was called the
Barefoots to denote their
shoeless devotion to SWIM
ming, sailing and tennis. The
opposition, q more rumina-
tive bunch who preferred
movies and hammock read
ing to. exertion, were called
the Pansies. Contrariwise,
the Pansies usually won the
annual Labor Day game.
So with such memories Hy-
annis Port has some diff
Guilty remembering that the
tanned little boy is now Mr..
President"
John Linehan, who teaches
sailing at the Yacht Club and
has, known Jack Kennedy
since childhood. remembers
the first time he saw the
President after his election.
1.-THE President said HI,
John
IT was about to say Hi,
Jack but nothing came"
He finally stammered q
paid How are your"
But to the average Cape
Colder celebrities, like the
tide, come and 60. One Cape
visitor, seeing Morton Down.
ey, Cardinal Spellman, Bobby
Kennedy and a few others
walk down a street In Hyan-
mis- within o few minutes Of
each other without attract
ing a glance, turned to his
host and stammered:
Doesn't anyone even
care?"
Maybe deep down inside,
where q real Cape Codder's
emotions belong, anyway.
Probers Of the Cape's tradi-
tional taciturnity think
there's q feeling Of local
pride in the President. But
on the surface the native
keeps his peace as long as
the cranberry boys don't
freeze, the summer tourists
show up on time and no one
waters the chowder.
The making Of the Presi-
dent 1860 caused 5cant stir
in Hyannis. Jacks cavalcade
to the Armory where he made
his acceptance speech drew
only 1000 persons. And 800
of them were pupils of the
junior high school, freed
from classes by Linehan, the
principal, who thought his
charges should bear awed
witness to a moment of his
tory. Instead, most of them
squealed:
Hey, look, there's Peter
Lawford."
They're Commonplace
In Hyannis Port wealth
and name, two Kennedy
trademarks are common
place. II know two or three
people within 5 miles Of
here who could probably buy
out joe" said one year.
rounder.
People of prominence are
as common as beach UNI
brellas, including Richard
Sentner, a vice president Of
United States Steel, near
Kennedy neighbor. ut wasn't
recorded what. If anything he
and Jack had to say to each
other over the hedge this
summer0
Yet even considering Hy-
annis Ports August attitude.
it's hard to take a President
for granted. Larry Newman
and his wife live catercor-
nered from the Kennedy
home on Irving avenue and
are personal friends of the
President. He has dropped ir
several times to say hello OF
been invited through a note
left with a guard or a cal
to Press Secretary Salingel
to a party where he may
have one drink, rarely more.
You like to be relaxed
with him." said Mr.. Newman
But even though you're az
old friend. you feel a little
stiff. The thing that softeni