davidaulloa/AmericanStories huggingface dataset:
Evening star., 1963-03-17

66REY WIFE tells people we live four blocks
IvM from the French Embassy" KalO-
rama Triangle resident said recently, "but
tell them we are four blocks from the liquor
store at 18th and u streets"
Both statements are true, but neither ade-
quately describes the area any more than If
resident of fashionable Georgetown described
his house as being two blocks from the cement
docks Indeed, parts Of the KalOrama Triangle
are only four blocks from an iron works.
The Kalorama Triangle is q twelve-block
area, bordered by Calvert street on the north,
Connecticut avenue on the west and Columbia
road on the east Most of the present resi-
dences and apartment buildings were put up
during building boom around the turn of the
century or during another in the 1905 A few
apartments came later, but much Of the charm
Of the area can be credited to the fact that il
was built when space and privacy were con-
sidered normal cOmpOnents of living, and
houses were built to last forever.
Today, the Triangle throbs with the pulse
beat Of big city. The section has the diversity
Of architecture and Of people that one expects
Of big city.
An exquisite old lady, encased in Persian
lamb, emerges from the apartment in which
she has lived since she was bride and steps
delicately over beer can discarded by q sales
CoMinsed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
BUREAUS AFFECTED
Major Changes Made
In Navy Management

It is expected this will be fol-
lowed by orders to streaming
and simplify the present COM
pick contractual procedures.
Top Pentagon officials indi-
cate that this management re-
organization may be the first
step in an overhaul of the
Navy similar to that done by
Defense Secretary Mcnamara
In the Air Force and Army. In
these reorganizations Mr.. Nc
Namara's main effort was to
centralize and. simplify all
weapons buying in each service.
His plan adopted in the
Army involved the unifying of
all weapon buying in a new
Army Materiel Command and
the abolition over vigorous
service protests of the Quarter
master Chemical Warfare, Ord
nance. and Signal Corps. Many
believe the reduced Navy Bu-
reaus may suffer the same fate.
Mr.. Mcnamara has told Con-
gress that these two re-
organizations will produce
great savings. He makes the
same claim for the Defense
Supply Agency. a new agency
he formed to buy all common
use items used by the military.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Earnings

Armour g. Co. in 26 weeks
ended May 4 earned $7,544, 727
or $l.40 a share VS.. $7,023,154
lor. 80 in 1862 period.
J. P. Stevens in rs weeks
ended May 4 earned $6,771,4O1
lor STAT a share VS.. $8.O66,02f
or $1,75 in 1852 period.
Interstate Dept. Stores in Il
months ended April 80 earned
l$2,915,865 or $2.37 a share VS.
S2,222.027 or $l.S8 in 1862.
Syntex Corp. in 8 months
ended April 80 earned $2,201,-
900 or STAT q share VS.. $506,00C
or "a cents in 1862 period.
Automatic Retailers in G
months ended March 81 earned
50, 1923, 900 or 70 cents a share
VS.. $2,041,7 25 or 10 cents in
1862 period.
Continental Motors in 6
months ended April 80 earned
81 ,949, 297 or SO cents a share
VS.. $825,53l or rs cents in 1862
period.
American Air Filter in G
months ended April 30 earned
81, l73,000 or $1.28 a share VS..
$574,000 or SO cents in 1862
period.
WalwOrth Co. in 3 months
ended March 81 had a loss of
$4,000 VS.. a loss of $797, 900
in 1862 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
FEW DISCOUNTS
LIKELY ON '63
CARS IN FALL

DETROIT, ODD - Bar
gain hunters waiting until
late summer to get a good
buy" on a 1868 car may
be in for an unpleasant
surprise.
Indications are that there
won't be as many bargains
as usual in August and
September. the last two
months of the auto model
year and some popular
models will be scarce.
Talks with dealers around
the country reveal that
many expect to clear out
their 1868 models without
the aid of price-cutting,
If current record demand
continues.
The prospects for a whirl-
wind cleanup are based
primarily on the current
auto sales boom. In the
eight months since 1868
models went on sale, nearly
ST. million have been de-
livered to buyers. That is
5 per cent more than the
4.8 million sold in the
first eight months of the
1855 record year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
JOINT TIMETABLE
PUBLISHED BY
Gao AND B&O

BALTIMORE, (AP).-
Chesapeake g. Ohio Rail-
way and the Baltimore
g. Ohio Railroad, on the
verge of merger. have an
nounced publication Of a
joint timetable.
The Gao public rela-
tions director. Howard
Skidmore, called the time
table "a new approach in
making it easier for trav-
elers to figure out train
schedules"
The new schedule, he
said, contains Simplified
maps to show the pros
pective passenger where
he's going.
Gao lines are shown in
blue; BIO in red.
The Interstate Com
merce Commission gave its
approval, December 81. to
steps leading to merger Of
the two rail companies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
BY ALLEN M. SMYTHE
Star Special Writer

A new management re-
organization of the Navy Just
announced by Navy Secretary
Fred Korth, indicates a sharp
downgrading of the century,
old Navy Bureaus. The
changes involve shore : based
activities which directly sup
port naval, operations. They af-
feet Navy property valued at
many billions Of dollars.
"A new unit, Fleet Activities
Command, under the Chief of
Naval Operations, will take
over much Of the management
now in the four Navy Bu-
reaus-Ships. Weapons, Yards
and Docks, and Supplies and
Accounts. Such activities will
include marine bases, amphi-
bious bases. air stations, fleet
headquarters ashore, fleet
training schools, etc.
Navy accounting methods do
not allow for depreciation In
terest, or present day values.
Thus, our fleet is valued at
1888 billion, its original cost.
The 1000 naval planes now
operating cost $7.9 billion.
However, top Pentagon fiscal
officials estimated that the
shore establishments In this
management change have a
present day value of $2S bill
lion, Of which SCI billions is
for buildings, structures, and
utilities.
Naval air stations are valued
at around 81 billion" Of which
$4.5 billion is for buildings,
structures, and utilities.
Unusually interesting is the
estimate for the IL big Navy
Yards Of lover IS billion value, "
one-half of which is credited
to their present high land val
ue.. While increasing rapidly in
real estate value, their use
fulness is decreasing and they
are becoming obsolete in the
trend to missile. atomic and
space weapons.
An estimate Of 81 billion
is given on the 291 acres of
Brooklyn Navy Yard. often re-
ferred to as the most valuable
real estate property In the
world, An estimate Of around
one-half billion" for each Navy
Yard was given on the AIS acres
at Boston. the 1872 acres at
Philadelphia, and the CIT acres
at San Francisco,
The responsibilities Of the
four bureaus are further re-
duced by an order TO the Of
flee Of Naval Material to "co-
the separate procure
ment practices Of the bureaus.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
National AirIines
Offers Pan Am
Stock Exchange

NEW YORK AP).-National
AirlineS. Inc, granted Par
American World Anyways a 80
day option expiring June 26
to re-exchange 353,60O shares
OF each others stock or Ma
.tional would put the Pan Am
shares on the market, Lewis r,
Maytag. jr, National president
said.
The companies exchanged
100000 shares in a 1858 air
craft lease agreement and since
have re-traded 46,400 shares in
partial compliance with a Civil
Aeronautics Board to divest
themselves Of the holdings by
July, 1864. &
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07

speed handling and transfer.
cut the loss from breakage, re-
duce or eliminate pilferage and
lower insurance costs.
Another factor is yet to be
worked out between manage
ment and labor. The shipping
companies say one crane OPP
orator can unload 40 tons of
cargo in four minutes from a
fully containerized ship. He
could clear the average vessel
in 8 to 10 hours. In the past,
on average, it has taken %
men one hour to unload IA
tons Of cargo.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
BUSINESS
BRIEFS
Rail Freight Loadings in the

Rail Freight LOadings in the
week ended June / totaled 548,-
I021 cars, down "a per cent
from the previous week, but up
3.5 per cent above the like week
a year ago.-Assn. of Ameri-
can Railroads.
Intercity Truck Tonnage in
"a metropolitan areas across
the Nation in the week ended
June was down 10.1 per cent
from the previous week and
down 0.8 per cent from the
like week a year ago.-Amer
Trucking Assns.
Continental Oil Co. has pur-
chased Cities Service Co.'s S.
per cent interest in Mid-South
Chemical Corp. The purchase
makes Cunoco 100 per cent
owner Of Mid-South. - Dow
Jones.
Init. Shoe Co. announced II
Us considering expanding into
the apparel industry by way OF
acquisitions. Dow Jones.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07

&SN~SSN@NNN4~ NO0~ No~N~~
.k28, 159,737 on the same 1852
date and also were 35.7 per
-eent ahead of $22,2l0,292 five
years earlier.
Il Assets amounted to $33. 704,-
497, compared with $31.210.677
ID year earlier and were 34,7
sper cent higher than $25, 039.-
: t73 five years ago.
Outstanding real estate loans
rof 500, 800 ,486 on May 81 were
1up SIS per cent from $28,174,-
1913 on the same 1862 date and
IL per cent above $21,319,78
eon the same 1868 date.
I Reserves and surplus of the
association totaled $3,136,581
On May 81, an increase of 2.8
per cent from $3,050,107 a year
ago and 500 per cent ahead of
$2,343,086 five years earlier.
SssAll directors and officers were
reelected at the annual meet
ing. Oriental was founded in
1861,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Duroff Suit Line
Prices Increased

NEW YORK (DD.-H. OAR
off & Sons. a subsidiary Of
Botany Industries. Inc. an
nounced increases in the whole
sale prices of its fall line oil
mems suits that should mean
a SIS price rise in retail stores.
Joseph A. Daroff, president,
said worsted suits in the COM
pany's Botany 500 and House
Of Worsted-Tex divisions will
carry retail list prices of SIS
EACH, up $5.05 from last fall.
Prices Of other suits, Stacks,
topcoats and overcoats also will
be increased. Sports coats gen.
orally remain unchanged at
$685. retail, although whole
sale prices have been cut
slightly in some lines.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07

baker board. He became chair
man in 1860.
Mr.. Francis said he had
planned to resign as chairman
soon after Sherwood H. Egbert
was named president in De-
cember. 1860. but agreed to
stay on at Mr.. Egbert's request.
Since there can no longer
be any doubt about the capa-
bilities Of Mr.. Egbert and Stree
I have completed my portion
Of the effort that has been
exerted to bring Studebaker to
"a stable position, ] am return
ing to membership on the
board" he said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Roll Rate Freedom
Urged BY Brosnon

I'D. w. Brosnan. president OF
Southern Railway System, yes
tetday urged passage of the
minimum rates bill, H.R. 47OO
and said it will permit rail-
roads to greatly reduce trans
portation costs.
In testimony on Capitol Hill,
Mr.. Brosna1 said annual saw
ir1gs of at least 50 billion will
be easily attainable If the legis-
lation becomes law. ~
The bill would let railroads
have the same freedom that
trucks and barges have to re-
duce freight rates on bulk and
agricultural commodities with
out Government interference,
Mr.. Brosnan said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Shipping Contoiner Standards
To Brighten us. Trode Outlook

Common Market (tariffs per.
mitting) and the rest of Eu.
rope, but also in the Far East
and Latin America.
The standard containers
were approved early this year
for American industry. They
are van containers, either 10
20, 80 or 40 feet long, 8 feet
high and 8 feet wide. In ef-
feet the containers are trailers
without wheels.
They are fully interchange
able among railroads, trucks
and ocean-going vessels.
Domestically, this Standard
zation is counted upon to make
a dent In the Nations annual
Si00-billion cost Of transport
ing. warehousing and distrib-
uting consumer and industrial
products around the SO States
The association estimates the
American transportation indus
try will spend $l2 million for
the demountable containers
this year, compared with SO
million last year.
II the new standards catch
on internationally, the change
over TO these containers should
push total expenditures much
higher next year.
American industry has a
long-range hope that annual
trade outside the Communist
bloc win be 500 billion higher
within 10 years. Transportation
and shipping experts contend
standard size containers could
haul much OF this 81 per cent
increase In global commerce
back TO American pocketbooks
Interchangeability among
various means Of transporta-
ton Is the big talking point.
But others are that containers
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Net Drops
Al Financial
General Corp.

Net income Of Financial Gen.
eral Corp, for the three months
ended March 81 declined to
$609,474, or 81 cents a share,
from $828,615, or 20 cents a
share, in the similar period of
last year, George Olmsted,
president, announced yesterday.
The consolidated net income
figures include the bank hold
ing company's share of undis-
tributed earnings of non-con-
solidated subsidiaries. The first
net included $33,352 of security
profits realized by two subsi-
diary insurance companies,
while the 1862 quarter net in
cludes 1921 ,254 of such profits.
Net assets per share rose to
1883 at March 81, compared
with $15.25 a share at Decem-
Der 81, 1862.
Results OF the 1868 quarter
do not reflect the $1,769, 500
profit after taxes realized by
the company and a wholly
owned subsidiary from the dis
position of their holdings in
Atlas General Industries, Inc.
On March Is, Financial Gen.
eral entered into an arrange
ment TO sell its q per cent
interest in Atlas General, a
diversified manufacturing COM
pany, for about $50 million.
The transaction resulted in a
security profit to Financial
General equal to 81 cents a
share and a profit to its subsi-
diary equal to 6 cents on each
outstanding share of Financial
General, the company said.
Earnings per share in the
1862 quarter were adjusted by
the company to reflect the 5
per cent stock dividend paid
last December.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
BY SAM DAWSON
AP Business News Writer

NEW YORK (AP).- Amer.
leans are looking for a big steT
forward In cutting costs while
increasing their internationa
trade.
A move toward standard.
ization is a bright spot In tho
recent sea Of trouble in which
United States tariff-cuttinG
policies have been challenged b,
the European Common Market
Among the worries set off BY
this has been an intensifyine
Of the always present threat Of
q trade war.
The American Standards AS
ISOLATION says a global standard
for American containers. usablG
on land or sea, Is due to b.
adopted this year by the In.
ternational Organization foi
Standardization.
This should help both thii
Nations domestic transporta.
ton and world shipping indus.
tries In their struggle TO wrigglt
free OF a severe cost-profit
squeeze.
Delegates from the American
group have met with experts
from the Common Market anC
other European nations anC
with Far Eastern shipping In.
terests. They say they hav,
convinced them to accept al
standard the American con.
tanners.
This would permit door-to.
door and integrated transpor.
tation Of goods by standard
lied containers from Roanok,
to Rome, from Akron 10 An.
kara. Americans expect thii
to open new export markets FOL
their goods, not only in the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Baltimore Project
Sold to Hillmon

Arthur Hillnnafa, Washing
ton attorney. has purchased
the 1l6-unit .Hamiltonian
Apartments in Baltimore, Md,
for q price of around Sill mil
lion, it was announced today.
NArlynn Homes of Baltimore
was the seller Of the garden
type, centrally aforementioned
project on Northern Parkway
in the northeast section of the
city. p
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Allegheny Pepsi
Orders Dividend

DIRECTORS of Allegheny Pepsi
Cola Bottling Co. have declared
the usual quarterly dividend
of 5 cents a share. payable
July l. ito holders Of record
June rs.
Stockholders have voted To
reduce author lied common
shares to Is million from :
million in order to reduce state
taxes paid ON the authorized
and unissued shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Treasury Going to Market June II

Federal debt ceiling from 1905
billion to 1907 billion.
The next Treasury bor-
rowing will be between So bill
lions and $2,225, 100000 toward
the latter part of July, fol.
lowed, by a borrowing of UP to
50 billion in the latter part oil
August.
The Treasury said 1t expects
to borrow a little more than 50
billion in October and a little
less than SO billion In Novem-
Der.
In addition to this new cash
borrowing expected for the re-
mainder of calendar 1868, the
Treasury said it will refinance
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
First of Maryland
lecfs BuIIusd 2

Dr Dexter M. Billiard, prom
HiNrt Montgomery County ply
siclan, has been elected q
Director Of First National Bank
q Maryland, which operates
Offices In that county and
ether sections Of the State.
Dr. Rnilard was q director
oE the Farmers Banking and
Tfust Coz of Rockville, which
Hns merged With First National
hSt year. He operates "a private
noSpital, Is affiltated with many
llIhdicaI associations and Is .
eirsc leader IN Montgomery.
ne has degrees from Yale
University and the University
Pennsy lvailfs, III :.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Studeboker EIevotes
Guthrie to Chairman

SOUTH BEND. Ind. DID,
Randolph H. Guthrie was
named chairman of studebaker
Corp. at the board meeting in
Bloomington, Ind.
Mr.. Guthrie. 81, is a senior
partner in the New York law
firm Of Nudge. Stern, Baldwin
e. Todd. He has been on the
Studebaker board since 1859.
He succeeds Clarence Fran
els who resigned the chairman
ship but remains q board men,
Der. Mr.. Francis. who is rs,
came out Of retirement in 1858
to accept a seat on the Stude-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07

Department store sales In the
Washington Metropolitan Area
we're even with q year ago In
t21k week ended June i despite
d 20 per cent decline from the
Hevious week, the Federal Re-
setve Bank OF Richmond an
nopnced today.
AREA sales in four !, weeks
eaded June ! were 4 per cent
aCpve q year ago and for the
&Aar to date were S per cent
hleher. 1tf9 ST. 2
The downtown portion of the
srea sales total was down Z
pef cent from Q year ago in
TIE latest week and also was
Of ~ per cent, from the pre-
vapns week. Four weeks down.
t0BIl sales were down 2 per
dht; while those for the year
u date were even with 1862
MHeIs. ~ 49,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Freeport Purchase

NEW YORK (DO.-Freeport
Sulphur Co. announced it pur-
CEASED the assets of Southern
Clays. Inc, Georgia producer
Of Kaolin for about $12 million
in cash. The acquisition repre-
sents Freeport's entry into the
Kaolin field, a spokesman said.
Kaolin, a pure white clay, is
used as a filler and coating ma
terial in paper manufacture. 1t
is also used in paint, rubber,
plastics and ceramics.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07

The Treasury offered to sell
$3.50, 100000 in 4 per cent
bonds of seven years and two
months maturity.
The offer is for cash SUBJ
scription on Tuesday. June IL
The bonds will be dated June
20, 1868, and will mature Aug
Is, 1870.
Treasury officials said If the
response is at all strong they
would sell 10 per cent or Is
per c It more than the $780,
100000.
The financing is the Treas.
ury's first major step toward
meeting its 1868 cash require
mentsj since Congress lifted the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07

about $500. 100000 of matur-
ing issues.
In the current bond sale to
better provide for the needs OF
smaller investors, the Treasury
changed its allotment provision
to assure that all subscribers
seeking 100000 worth or more
will be allotted at least 500, 900
and any subscriptions for less
than that will be allotted in full,
Most often the cutoff figure Is
$25, 900, officials said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
New VOIvo Plant

NEW YORK .DD.-Volvo
Gothenburg, Sweden, viii open
June IL. a new $4,000 square
foot auto assembly plant al
Dartmouth. Nova Scotia. The
plant will operate as a wholly
owned subsidiary called "Volvo,
Canada" Ltd
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
Dividend Declared
BY Atlas General

+ Directors of Atlas General
Corp. have declared the usual
quarterly dividend Of 10 cents
. share, payable June 81 tc
stockholders Of record June II
The company has acquired
an additional 2l5.0O0l Shares Of
Dialight Corp. Of Brooklyn 81
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07

an option price Of $3.50 a
share. President Charles B. N
Bellm announced.
THE additional shares lifts
Atlas Generals holdings in the
company to $4,000 shares OF
50 per cent Of the outstanding
stock. ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07
OrientaHs Savings Up
KoIb Reports Gain of 6.8%
With 80 Rise in Assets
BY DONALD b. HADLEY
star Financial Editor

= Invested savings Oriental Building Association gained
68 per cent the year. while assets per cent 1t
reported by President John Kob following the annual
shareholders meeting yesterday.
Savings accounts Of Washngtons Oldest savings and loan
association aggregated $50 May 81 compared with
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-06-07

L. Gilbert Vance, presi-
dent Of Washington Chap
ter, American Institute Of
Banking, has been named
manager Of the Gfeenbelt
office Of Suburban Trust
/ Co. Developments in this
area are expected to make
this one of the most i'm
pOrtant anits Of Suburban
Trust. Mr.. Vance has been
with Suburban since 1852
and is assistant treasurer.
u
Evening star., 1963-04-23
House Grievances
Group Proposed
ToCheck Conduct

Representative Bennett, DEM
ocrat Of Florida. has intro
duced o bill to create q COM
mittee on grievances in the
House Of Representatives.
Creation of such q commit
tee, Mr.. Bennett said, would
provide q method Of achieving
House discipline similar to
grievance committee proceed
ures In the bar associations
and other business groups.
He said In q statement yes
terdAy the purpose Of his pro-
posed seven-man committee
would be to curb alleged abuses
among House members.
1T will be the function of
the committee to conduct and
direct q full and complete in
vestieation Of any complaint
concerning conduct Of Q meme
Der Of the House Of Repre-
sentativeS, and recommend to
the House what measures 1t
deems advisable, including CEN
sure. expulsion. impeachment
or prosecution" Mr.. Bennett
said.
The bill also provides for
disclosure of assets and income
IF the citizens Of our Ma
ton are TO continue their faith
In Q representative form of
government. then we In Con-
gress must begin to clean our
own house." Mr.. Bennett said.
Evening star., 1963-04-23
Turin RuIIy SqueIched

TURIN. Italy, April ~ (AP)
Hundreds of demonstrators
protesting the execution Of
Spanish Communist Julian
Grimau scattered last night
when two tear gas bombs were
tossed at them from . rooftop.
Police held two young right
lists on suspicion that they had
thrown the bombs. They also
picked up II leftist youths.
The tear gas burst into San
Carlo Square, filled with the
demonstrators. from atop q
commercial office building. The
United States Information
Service has its library and Of
fices inside.
Angry demonstrators tried to
force their way into the build
ing after the gas broke up the
rally. Police barred the way.
No one was hurt.
Leftist political groups have
been organizing protest DEM
onstrations for the last three
days in the wake Of Grimau's
execution In Madrid.