davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
Auto Makers '63 Output
Already Exceeds 90 Total
BY CHARLES C. CAIN

DETROIT. - General Mo-
tors, American Motors and
Chrysler have exceeded 1862
figures In 1868 model passenger
car production with several
weeks more Of the current
model run left.
Ford is expected to pass its
1852 record before the end of
this month.
A survey by Wards Reports,
an auto statistical agency, es-
timated production of all 1868
model cars by the end of last
week totaled $685. 800 units.
This included 1886 900 by GIN
- most in any model year for
that company since the 1865
term.
A dozen auto plants, includ-'
dng nine Ford .Galaxie assem-
bly, plants and three standard
Chevrolet facilities, worked
overtime last Saturday as Ford
and GIN strove to build back
log of cars to keep dealers busy
during plant shutdowns in
preparation for 1864 models.
American Motors, maker of
the Rambler car, boosted its
model year count to an esti-
mated 446, 1000 units. $50.
This was above the 1862 total
of, 442,226 and highest for the
company since the 458,841 cars
made in the 1860 model run.
The trade publication, Auto
motive News, said truck produc-
ton still remained one of the
strongest points of the 1868
automotive picture with an es-
timated 794,447 commercial We
hicles turned out as of last
week, compared with $50, 668 at
a similar point in 1862.
GIN continued to dominate
the auto production picture as
1t accounted for about 81 per
cent of the cars turned out
last week; Ford had about 26
per cent, Chrysler Is and Amer
ican Motors about 6.
Meanwhile, Dow Jones re-
ported industry sales for the
first part of July as follows:
General Motors
General Motors Corp. sales
In the initial third of July
totaled about $4,000 cars COM
pared with TOAST a year earlier.
There were eight sales days
In the latest period, in which
GIN car sales averaged about
1873 a day. In the 1862 period,
which had seven sales days, car
sales averaged 10,O65 a day. The
percentage increase in daily
rate is 15.2 per cent.
VI - II
Ford Motor Co. sales, includ-
ing Ford Division and Lincoln
Mercury Division, whose pre-
liminary figures were reported
previously, totaled 43,554 or S.
444 in each sales day in the
July / = 10 period. This is down
from 1929 cars or 6,703 cars
sold In each sales day of the
1862 period. The percentage
decline from a year ago on a
daily sales rate basis is 1877
per cent.
Chrysler
Chrysler Corp. car sales in
the first 10 days Of July totaled
26,045 units, up rs per cent
from the 1862 period, the COM
pany said.
On a daily rate basis, sales
totaled an average 1885 in
each of the periods eight sales
days, up Sc per cent from the
2,087 a year earlier. r
Total volume and daily rate
of retail sales for July 1-10
were the best for the period
since 1857.
-Studebaker
American Motors said its
dealers sold 1892 cars in the
first third of July, up 48 per
cent from a year earlier and a
record for the period. The pre-
vious record was 7,765 cars
sold In early July, 1859.
Studebaker Corp. said it sold
1858 cars in early July. down
from 2,239 cars sold in the 1862
period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
U.S.MoySeI
1-Yeur Bills
Every Month
By the Associated Press

The Treasury Department Is
considering monthly auctions
of one-year Treasury bills In
stead Of the present quarterly
offerings.
The new system Of marketing
would be instituted "in the In
terest Of a more orderly sched-
uling" of short-term debt ma
turtles, the Treasury said.
The one-year bills now ma
ture on January IS, April is,
July IS and october IS, and the
new bills to replace the retiring
bills are offered a few days be-
fore each of those dates.
Each monthly auction prob
ably would be for about 81 bill
lion and the Treasury Is con-
sidering dating the bills to ma
ture on the last day Of each
month.
Frank E. Morris, Assistant
Secretary for Debt Management,
indicated that he wanted TO get
the reaction of members Of the
financial community before
putting the proposal into effect.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
First and Citizens Assets
Gain 1919 for New Record

disregard the basic principles
of installment credit will ulti-
mately be reflected in higher
delinquency. repoSsession and
loss ratios"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
ALLEGHENY SET
TO FLY ROUTES IF
NORTHEAST FAILS

Allegheny Airlines is pre-
pairing to ask the Civil
Aeronautics Board for
authority to operate North
east Airlines' routes north
Of Westinghouse North
casts financial difficulties
force 1t to stop service.
Edwin I. Colodny, vice
president Of Allegheny for
legal affairs and economic
research, said the lines
only interest was how the
service would be con-
tinued" to points served
by Northeast If that line
stopped flying.
Northeast, which flies
Throughout New England
and from New York to
Florida, has been in severe
fin a ncial difficulty for
years. A decision Is pend
ing before the CAB on its
application for renewal of
its New York-Miami route.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
Deterioration Seen
In Quality of Loans

A slight deterioration has
taken place in the quality of
installment loans Of CONNER
cial banks as a result of COM
petition to employ funds. a
committee of the American
Bankers Association has found
in a special study of the situa-
ton.
The banks have had TO re-
view their asset management
programs to invest funds in
more productive earnings out
lets, it is pointed out by. the
committee headed by John o.
Elmer of San Francisco.
In some instances, terms on
auto loans have been extended
beyond 36 months, the bulletin
reported. There was some indi-
cation Of rate softening either
| in the form of higher dealer
reserves, or in the outright re-
duction Of rates." it added.
Most disturbing is the fact
that banks, and particularly
smaller banks, are contributing
substantially to these develop
ImentS. Lending policies which
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
Apollo Project
Contract to ACT

The ACT Electronics division
Of ACT Industries, Inc, said
yesterday it has received a So
million contract to supply ra-
dar 'beacons for the National
Aeronautics and Space Adj
ministration's Project Apollo.
The Apollo Project is aimed at
landing a man on the moon.
The radar gear is to be sup
piled by the ACT Electronics
plant at Paramus, N. j., &C
cording to the division offices
at Riverdale, Md. The C-band
beacons viii be installed in the
spacecraft to permit tracking
by ground radar from launch
to a point thousands Of miles
in space.
The units are being built by
ACT for Collins Radio Co., a
subcontractor to North Ameri-
can Aviation's Space and In
formation Systems division,
principal contractor for the
/ Apollo Spacecraft.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
DynoIectron Receives
$37 Million Orders

New contracts received re-
Gently By Dynalectron Corp. d.
visions aggregate more than
$3.7 million, President Charles
G. Gulledge reported.
Stopper Motors division re-
ceived a $745,00O contract
from the Air Force and Boeing
Co., while the land-air division
received $725, 900 Of work from
the Army Materiel Command.
The Cheyenne division re-
ceived $795,000 Of orders from
the Air Force. the Paradyn di-
vision was given $1.1 million of
Navy awards and the Mattern
division received $264.000 con-
tract from the Air Force.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
u. S. Bond Sales
Gain 22% in June

Sales of Series E and +
bonds in the District increased
% per cent in June compared
with 1862, E. C.. Baltz. chair
man of the D. C. Savings
Bonds Committee and presi-
dent Of Perpetual Building AS.
ISOLATION, announced yester-
day.
Sales in June totaled $4,-
967, 442, an increase Of $685.
987 from June a year ago.
For the first six months oil
1858, sales of E and H bonds
amounted to $27,591 900, up Is
per cent from the like period
of 1862, Mr.. Baltz added.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
BY DONALD B. HADLEY
Star Financial Editor

Assets Of First and Citizens
National Bank of Alexandria,
largest bank in northern Vir-
ginia, reached a new all-time
peak Of $50, 1909, 1859 on June 80,
a gain Of 1877 per cent, from a
year earlier and As per cent
higher than five years ago, the
quarterly statement disclosed
today.
The new record compared
with $688 million, on June 80
last year and also was ahead
Of Still million on March 18
this year. 1t contrasted with
$3.50 million on June 80, 1858.
Deposits also forged ahead
to a new high Of $73, 129, 266 at
mid-year, up 10 per cent from
SCI, 772,553 a year earlier and
were well ahead Of $69, 698, 463
on March 10. They were an
impressive A per cent ahead
Of $51 million five years ago
Loans and discounts amount
ed to 1898 million on June 80
compared with $35,342,137 a
year earlier and $21 1851 1888 five
years earlier. However, they
were behind $41,355,464 or
March Is this year.
First and Citizens National
which is a constituent bank Of
United Virginia Bank Shares
is investing a larger portion o.
its bond portfolio in state anC
municipal bonds and in othei
bonds than Federal obligations
the report also showed.
Federal obligations Of SIS.
778,300 were ahead O.
5.191,174 a year earlier anC
$14,801 1902 on March Is. How,
ever. they were lower thar
$19,504,798 five years earlier
State and municipal obliga,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
Wurinq Products

NEW YORK (DD.-Dynan1-
les Corp. of America said II
introduced three new appli-
ances to the line of its Waring
Products subsidiary. They are
a self : powered electric ice
crusher to retail at under $22
an electrical fruit and vegeta-
BILE health-juice extractor to
retail at under $38. and a
portable electric range avail
able in a single burner model
for under SIG and a two-burn-
er model for under $50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
P-B-W Exchange Lists
Central CHARGE

Central Charges Service,
Inc, which now is traded on
the American Stock Exchange,
has been approved for listing
also on the Philadelphia
Baltimore Washington Stock
Exchange. President j. P.
Stakeholder of the Washing
ton firm announced today.
Trading on the P-B-W Ex-
change is expected to COM
mence in around two weeks.
Mr.. Stakeholder said the COM
pany decided to list also on the
second exchange to create as
broad a market as possible for
its shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
Mutual Funds Assets
Up 12%, Sales Slide

The actual 1862 rate turned
out to be 81 per cent.
The number of systematic
investment plans started in
January through June fell to
the lowest level Of the period
in June. They totaled 1885
compared with 23,505 the pre-
vious month and 29,773 in
June a year ago.
The June total wasn't much
above the November 1862 fig
ure Of 1922 which was the
lowest in over four years.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
SyIvuniu Electric.
Gets Army Contract
BY Dow Jones

BY Dow Jones
The Army awarded a $780,.
900 contract to Sylvania Elee-
trio Products, Inc, a subsidiary
Of General Telephone & Elec<
tronics, for electronic equip
ment.
Radio Corp. of America, de-
tense electronics division,
Camden, N. j., received q $2,-
500, 900 Army contract for work
ION missile test equipment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
Americans udebaker

American Motors said its
dealers sold 1892 cars in the
first third of July, up 48 per
cent from a year earlier and a
record for the period. The pre-
vious record was 7,765 cars
sold In early July, 1859.
Studebaker Corp. said 1t sold
1853 cars in early July. down
from 2,239 cars sold in the 1862
period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16
Local Fund Dividend

Washington Mutual Inves-
tors Fund. Inc. yesterday de-
clared q dividend In the amount
Of &c per share out Of invest
ment income. II is payable
September /. 10 stockholders
Of record July 81.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16

tons exanded to $9,550,425 on
June 80 from $7,414,557 on
March 10, $6,571,733 a year
ago and only $5,919,678 five
years ago. Other bonds, notes
and debentures totaled $780,
$50. compared with $1,996,563
in March, $1,996,875 a year
ago and only $4,000 five years
ago,
Capital funds totaled $6.087,-
764 on June 80 VS.. $6,028, 1858
on March 10, $5,922,844 a year
ago and $3,720.305 five years
aRn.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-16

NEW YORK (AP). The
mutual fund industry grew
about IL per cent during the
first half Of the year.
This was accompanied by a
slide Of nearly 80 per cent in
sales and an increase of more
than 20 per cent in redemp-
lions, compared with a year
earlier.
Therefore, the growth was
due to appreciation of port
folio holdings.
Figures for June showed that
the Nations largest funds had
$23, 692, 428, 900 in total net as
sets as the second half Of the
year started. That was down
from the all-time peak Of $24,-
OFT. 794, 900 a month earlier but
compared with $21,270,735, 900
at the start of 1868.
A year ago assets were at
their lowest level In 10 months
following the big stock market
slide.
During the first half, the
Dow Jones industrial average
rose over 8 per cent. During
June it was down more than
2 per cent.
Sales Decline
Six-month sales of fund
shares dropped to $1,192, 742,-
900 from $1,693,175, 900 a year
ago and $1,415.318,000 in the
first half Of 1861 which turned
out to be the record year. June
sales were up slightly for the
second straight month at 1884,
$4,000 compared with Mays
$19S, $4,000 In June of last
year sales were over $218 mil
lion.
Share cash-ins for the first
half swelled to $729, 282, 900
from $602,377,O00 a year ago
and ,$649 million two years
ago.
In June they were off a bit
for the second straight month
at $115, 433,0 900 compared with
$l32,250,000 in May but in
June1962 the total was Just
over SLOT million.
AS a portion of sales, re-
demptions equaled 81 per
cent. nearly the highest in re-
,ent years. However, the in
dustry favors a comparison
with average net assets when
talking about redemptions.
RedemptiOns Rising
This comparison doesn't look
too favorable this year, either.
For the first half of 1868, re-
demptions were running at an
indicated annual rate of SIS
per cent compared with So at
the same point a year ago.
The chronicle., 1963-12-26
BY COLIN BARRETT
United Press International

Powerhouse Kentucky and Its
all America candidate Cotton
Nash are off to big leads In the
race for Southeastern Confer,
ence basketball scoring honors
this season.
Nash, one Of the rare players
for whom last years 2O.6 Scor.
ing average could be counted
a disappointment, is currently
averaging 29.4 including three
3O-point performances in Ken
tucky's seven games.
AS a team, the Wildcats are
running away with scoring hon
ors in the conference. Their ST.
average could be even higher Il
their opening 1854 win over
Virginia were thrown out.
Kentucky also has the num-
Der three SEC scorer in Ted
|Deeken, who sports a ga aver
age. Between them, Nash and
Deeken make up one Of the best
one-two scoring punches in the
nation.
The only SEC player present
ly challenging Nash for the con.
ference scoring lead is Missis.
ISippi's Donnie Kessinger. Kes.
The chronicle., 1963-12-26

centage.
McClendon was concentrating
on a Distinguishing mixture
with Georgia quarterback Lar.
ny Rakestraw flashing ability.
the Rebel backfield will
include Mallon F'aircloth Of
States Ode Burrell at halfback
and husky Jerry Rogers Of Tex
as Ann at fullback.
Burrell was named the most
valuable player in last Satur.
days Liberty Bowl game at
Philadelphia.
Backing up Rakestraw is
Russell Vollmer of Memphis
State. Vollmer paced his team
to a 90 tie with Mississippi
and a victory over Mississippi
State.
The chronicle., 1963-12-26

other thrillers and chillers. Such
as the boxing death OF Davey
Moore, John Pencils 17-foot
pole vault, the Pan-American
games at Sac Paulo, Yogi Der.
"a being named manager of the
Yankees, and the untimely
death Of Ernies Davis, a kid
who might have been one Of the
pro football greats.
Add to these Loyola's victory
over Cincinnati In the NCAA
basketball championship, Cor
die Howe breaking the immor-
tai Maurice (The Rocket Rich
ards goal scoring record in ice
hockey, the U. S. win over Rus
STA in a dual track meet, the
retirement of Stan Musial, joey
Giardello's upset surge to take
the Middleweight title from
Dick Tiger, the winning play
of Nicklaus and Arnold Palmer
in the Canada Cup tournament
in France, and the spine-prick-
ling comeback Of Sandy Kou'
fax.
The chronicle., 1963-12-26

Rebs And Yanks Prep
For BIue-Gray Contest

MONTGOMERY (UPI) -
With Christmas a memory and
sunny weather returning to
Dixie, Rebel and Yankee col
lege stars settled down to hard
work today for the 266th annual
Blue-Gr football classic Sat
urday.
Blue head coach Rip Engle
Of Penn State and Rebel men
tor Charlie McClendon of Louis
lana State were just about
ready to name starting lineups.
They have 48 players from 80
colleges to pick from.
Engle was working on a two
prong attack - the passing of
quarterbacks Henry Schichtle
Of Wichita and Mary Holland
Of George Washington and the
hard-nose running Of fullback
Ken Coleman of Kansas. Lon
ME Rogers of Iowa and Dick
Limerick of Iowa State probab-
ly will start at halfback.
Il hope we can make 1t a
wide-open game" Engle said.
Schichtle was eighth in the
nation in total offense with
1903 yards. He broke four Wi
chita passing records this fall,
with 1,4O9 yards, go compile
tons, IL touchdown passes and
a $50 per cent completion per-
The chronicle., 1963-12-26
Finley In Spot
With Kansas City
Over Stadium

KANSAS CITY, Mo. (UPD-
The Kansas City Athletics to-
day abandoned the Municipal
Stadium, their home for the
past nine years, and took ref
uge in a bank building in the
wake Of their owners stormy
battle with the city over a new
stadium lease.
Acting on orders from owner
Charles 0. Finley, the stadium
crews and members of the Ath
letics' office staff packed UP
equipment and records and
moved to new offices in the
Civic Plaza National Bank
Building in downtown Kansas
City.
Finley said the teams offices
will remain in the bank build
ing and the Athletes will play
on sandlot fields next year be-
fore he will yield further in his
demands on terms Of a new
lease.
Pat Friday, the teams gener-
al manager, directed the NOV
ing operation today. He said it
would be completed by next
Tuesday, the day the current
lease expires.
City officials, meanwhile, re-
NAMED unruffled to the furry
Of moving activity in the Ath-
letics' camp.
"We have made three propos-
ais on a new lease and feel that
this is as much as we can do"
said City manager Carleton
Sharpe. "We asked Mr.. Finley
to begin these negotiations last
June, but he waited until last
week"
Finley, in announcing the
move Tuesday night, said the
Athletics might be playing in a.
"cow pasture next season if
the city does not meet his
terms for a new lease.
Finley complained about the
lease from the time he pur-
chased the club in 1851. But he
became particularly bitter
about it when the city gave the
Kansas City Chiefs of the pro-
fessional American Football
League a liberal lease on the
stadium.
The chronicle., 1963-12-26
Pins Win Hopes
On Quarterback Berry

Sun Bowl game.
But Oregon clobbered Oregon
State 31-14 without Renfro be-
hind Berry's aerial blitz and
sharp play calling.
Two Of the top Webfoot line
hackers, Tim Casey and Don
|Causey, also are absent because
of injuries. But big tackle Milt
Kahahe, who missed much OF
the season, is back and Oregon
figures to be its strongest since
mid-year.
Oregon has played Southern
Methodist once before, in the
1949 Cotton Bowl game, when
the Mustangs won 21-13. Oregon
had Norm Van Brocklin as its
quarterback then.
The chronicle., 1963-12-26
Dodgers Series Victory
AS Top Story

eles Dodgers over the never-so-
treated New York Yankees.
It was completely unpredict-
able, the manner in which the
under-dog Dodgers rolled re-
lentlessly over the perennial
world champions. This, plus the
everlasting drama Of the World
Series, moved it beyond the
realm of the ordinary" fall
classic and put it in a class
all by itself.
Nothing was really close.
But if you have to correlate
a "first 10" in the sports world
for the aaSt year, it would come
out close to this:
1. Dodger World Series victory
in four straight over the Yank
eeS.
2. Professional football scan
dial.
8. Wally Butts libel sui
against a major magazine. (Sat
urday Evening PoSt.)
4. Veteran Julius Boros' play
off victory over Arnold Palmer
and Jacky Cupit in the u. S,
Open golf championship.
S. Sonny Liston's second
straight one-round knockout of
Floyd Patterson.
6. Chicago Bears Western Di-
vision victory in the NIL pro
gridiron race.
z. The death Of "Big Daddy
Lipscomb.
8. Jack Nicklaus becoming the
youngest winner Of the Masters
golf championship in history.
9. Chateaugay's Kentucky Der
by triumph over Never Bend
and Candy Spots.
10. Chuck McKinley's victory at
Wimbledon.
There were a great many
The chronicle., 1963-12-26
Jimmy sidIe Is Author
OF Tiger Success Story

AUBURN, Ala. (UPI) - The
big question in Southeastern
Conference football this fall
was: viii he run or pass?
This sporting enigma carried
Auburn University to a surprise
81 season and an invitation tc
the Orange Bowl on New Years
Day.
The author of the Auburn sue
cess story is junior quarterback
James Corbin Jimmy Side,
20.
His fabulous accomplishment
with the option play resulted ir
his being selected sports per.
sonality of 1868" in Alabama.
His coach, Ralph tShug) Jor'
dan, placed second in the bal,
loting.
Side ran for 1,OO6 yards in Il
games. This is the highest total
The chronicle., 1963-12-26

greatest competitor he has
ever coached.
AS Oregon wound up three
days of tough, two-a-day drills
Just before Christmas, there
was no complacency about
Southern Methodist, despite the
latter's as record.
"We're in for a battle" Cas-
anova said, pointing to the Mus
tangs' victories over second
ranked Navy and Gator Bowl
bound Air Force.
Oregon will be without Its
great halfback, Mel Renfro, VINO
signed a contract with the DIAL
las Cowboys Of the National
Football League after a wrist
injury had sidelined him for the
The chronicle., 1963-12-26
Kentucky Tops
SEC Campaign

singer has q 25.8 average tor
six games, including a 3+point
spree in last weekend's 1878
loss TO Memphis State.
One Of the pecularities Of the
season SO far Is why Florida,
with two 20-plus point scorers
and the third-highest team scor.
ing average In the conference.
is playing only 500 ball. In four
games, the Gators stand 2-2 30.
ing into tonight's Gator Bowl
tourney.
Brooks Henderson Of Florida
is fourth in conference scoring
with a 21.5 average, just ahead
Of teammate Dick Tomlinson,
fifth with 20.3. Tomlinson's "A
points in his teams 1875 win
over Tampa Dec. IL Is high SO
far in the conference.
On a team basis, the Gators
have averaged 1858 per game,
behind only Kentucky and Van
derbilt, which has a 92.2 aver.
age, in the SEC.
John Ed Miller and Clyde Les
Of Vanderbilt are tied for the
ixth spot in the individual
statistics, each with an even 20
point average. The Commodores
have ridden their high-scoring
performances to a 10 record,
a national ranking Of sixth, and
the position of chief challenges
to Kentucky In the conference.
In eighth and ninth place re.
spectively in the SEC scoring
race are Georgia's Billy Rado
(19.2) and LSU's Dick Male
(l8.4). Dale Cot Of Tulane,
whose team has yet to win Ia
nine tries, Is 10th with an 1873
average.
The chronicle., 1963-12-26

EUGENE, Ore. CUPID - Ore
CONS Sun Bowl bound football
team, pinning its victory hopes
on brilliant quarterback Bob
Berry, reassembles today for a
flight to FL Paso, Tex, where
they meet Southern Methodist
Dec. 81 in the Sun Bowls new
90, 900 seat stadium.
Berry, a junior, ranked sixth
nationally in total offenSe with
1888 yards and threw six touch
down passes in leading Oregon
10 a 7-3 season. He completed
50 per cent of his passes.
Oregon head man Len Ca
nova, who has been round a
long time, calls Berry the